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Cable Update (GBPUSD)

  • #100,701
  • Nov 24, 2008 1:33pm Nov 24, 2008 1:33pm
seven pips and out....looked a bit to dodgeball...actually paniced but i thought its not the best entry
  • #100,702
  • Nov 24, 2008 1:34pm Nov 24, 2008 1:34pm
Quoting shiva
Like your attitude haha
I'm just in a fun mood today bro...

Here is current h4.. I am watching this candle close very closely (next half hour)..
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 20 KB
Patience + Discipline - Greed = Success
  • #100,703
  • Nov 24, 2008 1:35pm Nov 24, 2008 1:35pm
Quoting "expert"
On 15 m i put sell pending 5140.it is nice we are all waiting for some retrace.

My Sl is small because i dont trade sell if we are this much above 1 hr gann and 15 m 50 ema.will see maybe delete that pending .This is so new position for sell so i might test my system at demo.
AAAAhhhh i pull out my to fast
GELORE
  • #100,704
  • Nov 24, 2008 1:36pm Nov 24, 2008 1:36pm
Quoting shiva
Navin, are you the new anti indicator?
watch it go up!....im 85% sure it will break....but not sure enough to be in it ...go figure
  • #100,705
  • Nov 24, 2008 1:38pm Nov 24, 2008 1:38pm
placed good trades all day long was up 140 pips to loose 100 pips...well finished +40 pips but all my hard work in drain...
  • #100,706
  • Nov 24, 2008 1:40pm Nov 24, 2008 1:40pm
It's a run like you stole it from the mob day.
Just Trade It
  • #100,707
  • Nov 24, 2008 1:41pm Nov 24, 2008 1:41pm
Quoting mseaz9
placed good trades all day long was up 140 pips to loose 100 pips...well finished +40 pips but all my hard work in drain...
did u go long or short? and where...
  • #100,708
  • Nov 24, 2008 1:41pm Nov 24, 2008 1:41pm
i am waiting new 1 hr candle
  • #100,709
  • Nov 24, 2008 1:43pm Nov 24, 2008 1:43pm
Quoting nAVIN2007
did u go long or short? and where...
i always end the day with a sell on GPY USD but reading your post and other..went long not being sure...then couldnt stop myself ..couldnt take my initial loss off 15 pips..tried scalping the worst possible way..going long when it was dropping like a bomb.... someone slap me.
  • #100,710
  • Nov 24, 2008 1:46pm Nov 24, 2008 1:46pm
Quoting nAVIN2007
did u go long or short? and where...
and it was a perfect setup for a sell...not long when u said go long...but looking at the DOW wich was up 200 points....i thought they wont drop it like that..now intead of a 100 pip profit finishing the day 240 pips..i finished with +40....
  • #100,711
  • Nov 24, 2008 1:46pm Nov 24, 2008 1:46pm
I think the dow has reached the high for today, look for some profit taking during the end of the session. Or it could flat line from here, or it could spike up a few more hundred points, who the hell knows whats going to happen next? All we can do is wait for the next signal.
Just Trade It
  • #100,712
  • Nov 24, 2008 1:48pm Nov 24, 2008 1:48pm
Quoting Big Wave Rider
I think the dow has reached the high for today, look for some profit taking during the end of the session. Or it could flat line from here, or it could spike up a few more hundred points, who the hell knows whats going to happen next? All we can do is wait for the next signal.

you just about covered every scenario there
  • #100,713
  • Nov 24, 2008 1:48pm Nov 24, 2008 1:48pm
Expect 1.4900 soon

Quoting Infinity
I'm just in a fun mood today bro...

Here is current h4.. I am watching this candle close very closely (next half hour)..
  • #100,714
  • Nov 24, 2008 1:49pm Nov 24, 2008 1:49pm
still cant open my metatrader.... this sucks
When life gives you lemons, make lemonade
  • #100,715
  • Nov 24, 2008 1:49pm Nov 24, 2008 1:49pm
Quoting AmeriTrini
you just about covered every scenario there


And once one scenario is proven right then thats the one I will trade.
Just Trade It
  • #100,716
  • Nov 24, 2008 1:50pm Nov 24, 2008 1:50pm
Hehe
Quoting AmeriTrini
you just about covered every scenario there
  • #100,717
  • Nov 24, 2008 2:02pm Nov 24, 2008 2:02pm
Quoting mseaz9
and it was a perfect setup for a sell...not long when u said go long...but looking at the DOW wich was up 200 points....i thought they wont drop it like that..now intead of a 100 pip profit finishing the day 240 pips..i finished with +40....
trade yur chart not my shit.....unless u want to get burned
i trade what i see....and i have reasoning for my trades....long is good because the 4hr chart is bullish.....the red line is support...

u can short below the red line cause it hasnt been tested and long needs to pass the resistance in order for a new high...so we in a no trade zone..but i think long is good...
if we close below the red line then short is good...

i placed a long got 7 pips because its a shit trade either way...stop over trading and blaming others for yur BS,....ur responcible
Attached Image (click to enlarge)
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  • #100,718
  • Nov 24, 2008 2:07pm Nov 24, 2008 2:07pm
updated h4....
Looks like an inverted hammer there...I would have preferred to see a black candle....

let's see if we get a test of the highs and subsequent rejection....
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 20 KB
Patience + Discipline - Greed = Success
  • #100,719
  • Nov 24, 2008 2:09pm Nov 24, 2008 2:09pm
As fpr me no shots heare.On 15 minute between 2 trend indicators(gann and 50 ema)

On 1 hr above and on 4 hr above gann and 50 ema.

I think it could range now and go sideway from heare untill toomorow London opening.If 4hr stochastic goes own and price remain arround heare will go long in the morning.

It is late now for me to trade and my system tells not to go short.I know price need retracment but it might go sideway and then more up as well.I strongly think this will toomorow break daily gann(today at 5180 for now and we are gonna go more up to 5364)Because of daily bulish divergance.If no divergance on daily arround daily gann will try short but this way will hold longs.

Well for now i think this will be.Will see tomorow

New daily might be arround 5050 and going long from that area.


Will see.No shorts for me.Not against trend(i know big trend on daily is down but on daily i think we will have retrace to 5600 area or higher before new down)

See ya
  • #100,720
  • Nov 24, 2008 2:15pm Nov 24, 2008 2:15pm
Test of the highs coming up.... will it finally break...???
http://www.classicgameshows.com/cd-i/jeopardy13.jpg
Patience + Discipline - Greed = Success
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