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Cable Update (GBPUSD)

  • #96,321
  • Nov 7, 2008 6:59am Nov 7, 2008 6:59am
Quoting manize
M1 !
See, I've tried it but I feel like a heart attack waiting to happen on that low of a timeframe lol I thought you traded lower based off your postings. Thanks!
I dream, therefore I become.
  • #96,322
  • Nov 7, 2008 7:02am Nov 7, 2008 7:02am
Quoting mike w
See, I've tried it but I feel like a heart attack waiting to happen on that low of a timeframe lol I thought you traded lower based off your postings. Thanks!
LOL
When life gives you lemons, make lemonade
  • #96,323
  • Nov 7, 2008 7:02am Nov 7, 2008 7:02am
Here comes our retracement after the pin and confirm bar. This will give us another solid opportunity to get in on the action if you missed it the first time around at a good price IMO.
I dream, therefore I become.
  • #96,324
  • Nov 7, 2008 7:03am Nov 7, 2008 7:03am
Quoting mike w
See, I've tried it but I feel like a heart attack waiting to happen on that low of a timeframe lol I thought you traded lower based off your postings. Thanks!
Aint that a bitch, bounced off 15m50.

Someone sell 100 yards for me.. well sorry for being selfish.
someone sell 100 yards for US!
  • #96,325
  • Nov 7, 2008 7:04am Nov 7, 2008 7:04am
Quoting manize
M1 ! Win : Loss about 10 : 2 sofar !
Wow, very nice! I don't normally hear of results like that on even a 5 or 15 minute.
I dream, therefore I become.
  • #96,326
  • Nov 7, 2008 7:06am Nov 7, 2008 7:06am
And BOOM! There's your good price ladies and gents.

Retest of trendline, also fib level and I'd be looking to see further downside now. That's perfect.
I dream, therefore I become.
  • #96,327
  • Nov 7, 2008 7:07am Nov 7, 2008 7:07am
Quoting mike w
See, I've tried it but I feel like a heart attack waiting to happen on that low of a timeframe lol I thought you traded lower based off your postings. Thanks!
Do not entry at in volatile movement, wait when she moves rather slowly and rather flat, and what is the strong major trend on M5 or M15. If you feel the major trend is short, do short only otherwise do long only. And of course listen to what the experience tradders analysis here !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #96,328
  • Nov 7, 2008 7:07am Nov 7, 2008 7:07am
1 hr parabolic still bulish.Next candle could go more down this one...

5742 long

5800-5815 area target for now and resistance on way up
  • #96,329
  • Nov 7, 2008 7:11am Nov 7, 2008 7:11am
Quoting "expert"
1 hr parabolic still bulish.Next candle could go more down this one...

5742 long

5800-5815 area target for now and resistance on way up
Nice work! Quick and easy for a gain.

What did you mean by next candle could go more down this one? I must just be having a brainfart lol
I dream, therefore I become.
  • #96,330
  • Nov 7, 2008 7:11am Nov 7, 2008 7:11am
added to my short at 62ema
Patience + Discipline - Greed = Success
  • #96,331
  • Nov 7, 2008 7:11am Nov 7, 2008 7:11am


Heare is the chart
Attached Image (click to enlarge)
Click to Enlarge Name: cable 1 hr.gif Size: 29 KB
  • #96,332
  • Nov 7, 2008 7:12am Nov 7, 2008 7:12am
Crude is going and putting shorts out of play.
  • #96,333
  • Nov 7, 2008 7:14am Nov 7, 2008 7:14am
Quoting AmeriTrini
Crude is going and putting shorts out of play.
I think it is stop hunting before the big thing...
Patience + Discipline - Greed = Success
  • #96,334
  • Nov 7, 2008 7:16am Nov 7, 2008 7:16am
Quoting Infinity
added to my short at 62ema
Yep I just added too. I'm surprised it jumped this high, but like Jamie said, crude went wild lol
I dream, therefore I become.
  • #96,335
  • Nov 7, 2008 7:17am Nov 7, 2008 7:17am
Quoting Infinity
I think it is stop hunting before the big thing...
This is normal in my book. It's just a retracement imo like I said earlier for the pin and confirm bar. I would think to see some settling down in the next 15 or so minutes.
I dream, therefore I become.
  • #96,336
  • Nov 7, 2008 7:17am Nov 7, 2008 7:17am
Quoting mike w
Nice work! Quick and easy for a gain.

What did you mean by next candle could go more down this one? I must just be having a brainfart lol
1 hr and 4 hr chart are oposit
1hr is uptrnd 4 hr is down trend.We need the saME DIRECTION.i mean this candle will be positive
next 1 hr could go down.

i was saying if we break 5800-5815 area then more up to 5850 area maybe.
to breqk this level i think close above this area and for good 15 to even 30 pips as conformation.

Untill no 1 hr closed below DP or abobe 5850 area we are in wide range which is good as well for ttrade
On borders put pending order because of brokers delay and small SL.places with smal risk.Especialy if we are in range.You can do it 2-3 times maximum after that break wil be on some side.
  • #96,337
  • Nov 7, 2008 7:19am Nov 7, 2008 7:19am
5831 is pivot line and DP are that range we are bouncing for some time
  • #96,338
  • Nov 7, 2008 7:20am Nov 7, 2008 7:20am
H1 Pin is looking quite diferent now and S&P is supercharging at +2%. Risk appetite? Did they eat something that we didn't.
Ride the Bulls bearback!
  • #96,339
  • Nov 7, 2008 7:21am Nov 7, 2008 7:21am
Quoting Shilva
U.S. Non-Farm Jobs Report comes out shortly

Expected to come out around -200K and 6.3%

If it comes out at -250k or more then expect stock market to sell off and $$$ gain strength. Flight to Security.

If it comes out better then expected then the stock market will go up and GU may stay flat or go up also.

If you are going to trade this news release then I think the reaction will be opposite to what normally happens. On a better then expected report the $$$$ may even gain strength as usual with a good jobs number.

[font=Verdana]I plan to be looking for a short entry on GU within the...

shorted the spike up at 5862 and closed it at 5740 for +122 pips

What a nice news trade!
  • #96,340
  • Nov 7, 2008 7:22am Nov 7, 2008 7:22am
i am still long but looking to go short.Next move will be down little more i thing.This is loosing power.Look MACD or STOCH indicator.Will try to sell from very high5850 area maybe
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