Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#99,701
Nov 19, 2008 10:52am Nov 19, 2008 10:52am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

I'm done trading for now, maybe until fomc minutes... I have collected over 270 pips today, long and short off this very sweet pair using my indicators with pa..

It just goes to show that bulls and bears can make money in this market if they have a system they trust. Everyone has their own style and should not try to impose it on another person. Good trading to all....

I'm going to get some lunch...

Patience + Discipline - Greed = Success

#99,702
Nov 19, 2008 10:57am Nov 19, 2008 10:57am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts

Quoting Infinity

Disliked

I'm done trading for now, maybe until fomc minutes... I have collected over 270 pips today, long and short off this very sweet pair using my indicators with pa..
It just goes to show that bulls and bears can make money in this market if they have a system they trust. Everyone has their own style and should not try to impose it on another person. Good trading to all....

I'm going to get some lunch...

Ignored

way to gooooooooooo

When life gives you lemons, make lemonade

#99,703
Nov 19, 2008 11:02am Nov 19, 2008 11:02am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting micho

Disliked

man i dont wanna answer you.... you didnt want to admit about the rule of gravity at the first place now u r blaming me for hedging... yes im a cold blooded asshole but in the end i have a nerves system

Ignored

-100 in this market is nothing just sell at a top ...100 pips u will make in no time...

#99,704
Nov 19, 2008 11:04am Nov 19, 2008 11:04am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Infinity

Disliked

I'm done trading for now, maybe until fomc minutes... I have collected over 270 pips today, long and short off this very sweet pair using my indicators with pa..
It just goes to show that bulls and bears can make money in this market if they have a system they trust. Everyone has their own style and should not try to impose it on another person. Good trading to all....

I'm going to get some lunch...

Ignored

now u even sounding like EO

..could be a lost twin out there me thinks

#99,705
Nov 19, 2008 11:05am Nov 19, 2008 11:05am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts

well in reality i have one sell at 1.4956 still open and now hedged with a buy at 1.5057... -101 and i had a sell at 1.5140 that i closed too early for +35. it was intended to break the 2 sells even at least but i didnt have the balls as usual... but my real aim was to sell at 1.526x that im talking about since 1 week but now it didnt reach there

When life gives you lemons, make lemonade

#99,706
Nov 19, 2008 11:08am Nov 19, 2008 11:08am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts

Quoting nAVIN2007

Disliked

now u even sounding like EO ..could be a lost twin out there me thinks

Ignored

lol nice one, yes i think they trade the same system

look navin, i still think that shorts are allowed above 1.5059 but this time with stop loss at 1.56 or shorts above 1.49 with stop loss at 1.526x targets of course should be 1.5 at least RR

but i dont have the balls nor the margin to afford this stop loss

When life gives you lemons, make lemonade

#99,707
Nov 19, 2008 11:10am Nov 19, 2008 11:10am

mike w
Joined Jul 2006 | Status: Trader | 4,090 Posts

Quoting Infinity

Disliked

I'm done trading for now, maybe until fomc minutes... I have collected over 270 pips today, long and short off this very sweet pair using my indicators with pa..
It just goes to show that bulls and bears can make money in this market if they have a system they trust. Everyone has their own style and should not try to impose it on another person. Good trading to all....

I'm going to get some lunch...

Ignored

Excellent work my man!

I dream, therefore I become.

#99,708
Nov 19, 2008 11:14am Nov 19, 2008 11:14am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting nAVIN2007

Disliked

now u even sounding like EO ..could be a lost twin out there me thinks

Ignored

We are twins! Twins that have been seperated at birth, but found each other through forex! Really though, we do trade very similarly.

Just digging in the trenches like everyone else!

#99,709
Nov 19, 2008 11:14am Nov 19, 2008 11:14am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting micho

Disliked

lol nice one, yes i think they trade the same system

look navin, i still think that shorts are allowed above 1.5059 but this time with stop loss at 1.56 or shorts above 1.49 with stop loss at 1.526x targets of course should be 1.5 at least RR

but i dont have the balls nor the margin to afford this stop loss

Ignored

we have fallen back into the range that we broke out of.....dailly minhgt produce a bearish pin..triggers sellers..we could go down now..

anything can happen now i ws thinking 1hr was gonna produce a bullish pin but nope...got nothing

#99,710
Nov 19, 2008 11:19am Nov 19, 2008 11:19am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts

Quoting nAVIN2007

Disliked

we have fallen back into the range that we broke out of.....dailly minhgt produce a bearish pin..triggers sellers..we could go down now..

anything can happen now i ws thinking 1hr was gonna produce a bullish pin but nope...got nothing

Ignored

yeah but the upside still strong so 1.5250 is not for of reach now that it went there once... i will not close my hedge or take any trades until the meeting and see the reaction

i wish to take 30 days off and travel somewhere calm where i could calmly code this forex script and see if i can make this system automatic because it needs alot of time to watch all day and i dont have that... at least, i could backtest it and see the results but i dont know about that...

wish u good luck

When life gives you lemons, make lemonade

#99,711
Nov 19, 2008 11:19am Nov 19, 2008 11:19am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting nAVIN2007

Disliked

we have fallen back into the range that we broke out of.....dailly minhgt produce a bearish pin..triggers sellers..we could go down now..

anything can happen now i ws thinking 1hr was gonna produce a bullish pin but nope...got nothing

Ignored

but saying that there is a fib confluence with support ..it will be interesting to see wht happens in this area of support...up is still looking likely me thinks

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#99,712
Nov 19, 2008 11:27am Nov 19, 2008 11:27am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting eohater

Disliked

We are twins! Twins that have been seperated at birth, but found each other through forex! Really though, we do trade very similarly.

Ignored

yes absolutely, same instincts and both of u heavily in to moving averages yur both my confluence indicators

#99,713
Nov 19, 2008 11:31am Nov 19, 2008 11:31am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting mike w

Disliked

Excellent work my man!

Ignored

Thanks Mike!!

Quoting eohater

Disliked

We are twins! Twins that have been seperated at birth, but found each other through forex! Really though, we do trade very similarly.

Ignored

Patience + Discipline - Greed = Success

#99,714
Nov 19, 2008 11:31am Nov 19, 2008 11:31am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

Quoting nAVIN2007

Disliked

yes absolutely, same instincts and both of u heavily in to moving averages yur both my confluence indicators

Ignored

Patience + Discipline - Greed = Success

#99,715
Nov 19, 2008 11:35am Nov 19, 2008 11:35am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting nAVIN2007

Disliked

yes absolutely, same instincts and both of u heavily in to moving averages yur both my confluence indicators

Ignored

Headed to lunch, I'll see where my shorts are when I get back.

Just digging in the trenches like everyone else!

#99,716
Nov 19, 2008 11:41am Nov 19, 2008 11:41am

micho
Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts

guys, do you have a good reference for candle patterns? i will code one pattern detection script and post it in this thread.. please give me a reference
(this would take around 1 week)

When life gives you lemons, make lemonade

#99,717
Nov 19, 2008 11:46am Nov 19, 2008 11:46am

FxChi
| Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts

Quoting micho

Disliked

guys, do you have a good reference for candle patterns? i will code one pattern detection script and post it in this thread.. please give me a reference
(this would take around 1 week)

Ignored

Maybe this can help: http://www.forexfactory.com/showthread.php?t=106577

"Wishful thinking dies hard." Igor T.

#99,718
Nov 19, 2008 11:48am Nov 19, 2008 11:48am

Infinity
Joined Feb 2008 | Status: Trader | 5,732 Posts

We are at a critical area for this pair... we could bounce up off the middle of the channel, which also coincides with the bigger red tl, or we could continue south to the bottom of the channel...