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Cable Update (GBPUSD)

  • #95,201
  • Nov 3, 2008 2:55am Nov 3, 2008 2:55am
Quoting 13thheaven
what kinds of indicators are u two used?
i tried some indicators like stochastic and macd, but it often mislead me in entering positions...
thx
i use fibonacci and macd and rsi and some moving average and some chart pattern
When life gives you lemons, make lemonade
  • #95,202
  • Nov 3, 2008 2:55am Nov 3, 2008 2:55am
Quoting gagakrimba
Long @ 1.6180.
I know i'm going to regret this
before news
When life gives you lemons, make lemonade
  • #95,203
  • Nov 3, 2008 2:57am Nov 3, 2008 2:57am
Quoting 13thheaven
what kinds of indicators are u two used?
i tried some indicators like stochastic and macd, but it often mislead me in entering positions...
thx
Using ema's sma's and the type and shape of the candles and on 15min, 1hr, 4hr and daily. My exits aren't good and need a lot of work tho
please DON'T copy my trades I am still learning
  • #95,204
  • Nov 3, 2008 2:58am Nov 3, 2008 2:58am
a long time ago, i used rsi, but the result is not good...
or i'm on the wrong road?
and what time frame should i use?
i'm still learning...
thx
Money management is good for your health...
  • #95,205
  • Nov 3, 2008 3:02am Nov 3, 2008 3:02am
lol
u're much better than me bro...
my entrance are not good... and my exit is worse...

Quoting ezmystic
Using ema's sma's and the type and shape of the candles and on 15min, 1hr, 4hr and daily. My exits aren't good and need a lot of work tho
Money management is good for your health...
  • #95,206
  • Nov 3, 2008 3:03am Nov 3, 2008 3:03am
Quoting 13thheaven
a long time ago, i used rsi, but the result is not good...
or i'm on the wrong road?
and what time frame should i use?
i'm still learning...
thx
Mate I'm still learning and I think everyone on here is learning all the time even the really good traders. We will all be learning until the day we decide to retire from the world of trading.
please DON'T copy my trades I am still learning
  • #95,207
  • Nov 3, 2008 3:04am Nov 3, 2008 3:04am
Quoting 13thheaven
a long time ago, i used rsi, but the result is not good...
or i'm on the wrong road?
and what time frame should i use?
i'm still learning...
thx
alot of time frames
When life gives you lemons, make lemonade
  • #95,208
  • Nov 3, 2008 3:05am Nov 3, 2008 3:05am
Quoting 13thheaven
a long time ago, i used rsi, but the result is not good...
or i'm on the wrong road?
and what time frame should i use?
i'm still learning...
thx
Single time frame cannot give the full picture of what's going on the market. Try to use multiple time frames.
  • #95,209
  • Nov 3, 2008 3:05am Nov 3, 2008 3:05am
Quoting micho
before news
Yeah but its +44 now
  • #95,210
  • Nov 3, 2008 3:10am Nov 3, 2008 3:10am
Quoting 13thheaven
lol
u're much better than me bro...
my entrance are not good... and my exit is worse...
You'll get there bro, just keep on studyinng the charts and your past trades good and bad and LEARN what you have done right and wrong. I still make stupid mistakes and have losses, but I'm finally starting to get more wins than losses and my account is creeping up rather than down which is what it's all about eh?

Also go back and get any chart eohater has posted with his explanation and save them and study them, they have helped me loads.
please DON'T copy my trades I am still learning
  • #95,211
  • Nov 3, 2008 3:10am Nov 3, 2008 3:10am
Quoting gagakrimba
Yeah but its +44 now
When life gives you lemons, make lemonade
  • #95,212
  • Nov 3, 2008 3:12am Nov 3, 2008 3:12am
thx a lot for all your replies...
now i must go back to the previous pages to learn the secrets of trading cable...
thx all
Money management is good for your health...
  • #95,213
  • Nov 3, 2008 3:14am Nov 3, 2008 3:14am
Quoting gagakrimba
Long @ 1.6180.
I know i'm going to regret this
that is where I should have closed my short looking at a 10min chart, and would liked to have entered long, so as long as you lock in some profits I think that was a good call
please DON'T copy my trades I am still learning
  • #95,214
  • Nov 3, 2008 3:20am Nov 3, 2008 3:20am
Quoting ezmystic
that is where I should have closed my short looking at a 10min chart, and would liked to have entered long, so as long as you lock in some profits I think that was a good call
Closed @ 1.6250 for +70.
I'll enter long again @ 1.6200
  • #95,215
  • Nov 3, 2008 3:37am Nov 3, 2008 3:37am
This baby refuse to go south again.
I guess its gathering momentum to move north
  • #95,216
  • Nov 3, 2008 4:09am Nov 3, 2008 4:09am
refusing north and south 162 limbo
  • #95,217
  • Nov 3, 2008 4:10am Nov 3, 2008 4:10am
Once again, the test...........


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  • #95,218
  • Nov 3, 2008 4:37am Nov 3, 2008 4:37am
Quoting sblank
refusing north and south 162 limbo
Refuse North and refuse South
  • #95,219
  • Nov 3, 2008 5:00am Nov 3, 2008 5:00am
Quoting gagakrimba
Refuse North and refuse South
and refusing to go east as well
When life gives you lemons, make lemonade
  • #95,220
  • Nov 3, 2008 5:03am Nov 3, 2008 5:03am
I think she is dead....flat line where's the cardio cart??? She needs a few volts!!!!
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