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Cable Update (GBPUSD)

  • #103,601
  • Dec 3, 2008 6:22am Dec 3, 2008 6:22am
Quoting i.shawish
and this is why i love jordan...
When life gives you lemons, make lemonade
  • #103,602
  • Dec 3, 2008 6:24am Dec 3, 2008 6:24am
Quoting nAVIN2007
affinity do u use 1 minute for entery...i find this chart quite good for entry...but risky as mofo
I don't use anything smaller than m15..
Patience + Discipline - Greed = Success
  • #103,603
  • Dec 3, 2008 6:28am Dec 3, 2008 6:28am
Quoting Infinity
I don't use anything smaller than m15..
  • #103,604
  • Dec 3, 2008 6:34am Dec 3, 2008 6:34am
Quoting Infinity
This is why I prefer Jamaica...
It's confirmed! I need to move my ass to Jamaica!!
Just digging in the trenches like everyone else!
  • #103,605
  • Dec 3, 2008 6:42am Dec 3, 2008 6:42am
hey mich been reading the post all day,just wanted to know wat idicators do u use as guide in trading and can u give them to me.if so thanks
  • #103,606
  • Dec 3, 2008 6:45am Dec 3, 2008 6:45am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
5 minute scalp. Backside of TL. Notice vertical blue TL with bull candle with the high volume - pro's sell into rallies. Also hidden divergence present with little pin bar. See how it works out.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 3 scalp.jpg Size: 142 KB
"Wishful thinking dies hard." Igor T.
  • #103,607
  • Dec 3, 2008 6:45am Dec 3, 2008 6:45am
Quoting Infinity
This is why I prefer Jamaica...

i love jamaica!!!
Trading is 80% Emotional, 20% Technical
  • #103,608
  • Dec 3, 2008 6:57am Dec 3, 2008 6:57am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Only 4 pips which sucks, but I wanted the last 5 minute bar to take out the low which it didn't so rather play it safe and look for something else. Darn....if waited another 5 minutes could've made some more pips. No matter...other trades around the corner and stuck to my plan.
Attached Image (click to enlarge)
Click to Enlarge Name: dec 3 scalp result.jpg Size: 143 KB
"Wishful thinking dies hard." Igor T.
  • #103,609
  • Dec 3, 2008 6:58am Dec 3, 2008 6:58am
Quoting eohater
It's confirmed! I need to move my ass to Jamaica!!
Yo bro!! How''s it going? Did you get in at the m15 50ema... I did.... I wanted 4800 but I got 4792...


Quoting fx local
i love jamaica!!!
Patience + Discipline - Greed = Success
  • #103,610
  • Dec 3, 2008 7:00am Dec 3, 2008 7:00am
Quoting Infinity
Yo bro!! How''s it going? Did you get in at the m15 50ema... I did.... I wanted 4800 but I got 4792...
I got in at 4790 and I'm locked with SL+2. I was wanting it a little higher as well, but we're looking good right now.
Just digging in the trenches like everyone else!
  • #103,611
  • Dec 3, 2008 7:02am Dec 3, 2008 7:02am
Quoting swap
I can see where you are placing your entries and it's certainly nothing random but my only question would be, when would you know it's time to cover and bail or to stop and reverse?
both long positions gave me profit i lock in profit +60 or so especially when swimming against the current tut tut.

still holding position from 1.4675 after taking profit
  • #103,612
  • Dec 3, 2008 7:04am Dec 3, 2008 7:04am
bad US news... another opportunity for a little long? maybe above 1.48?
  • #103,613
  • Dec 3, 2008 7:04am Dec 3, 2008 7:04am
Quoting eohater
I got in at 4790 and I'm locked with SL+2. I was wanting it a little higher as well, but we're looking good right now.
We should see near 4555 soon I think... maybe not today but soon...
Patience + Discipline - Greed = Success
  • #103,614
  • Dec 3, 2008 7:07am Dec 3, 2008 7:07am
Quoting Infinity
We should see near 4555 soon I think... maybe not today but soon...
I agree, I don't see it today, but I do see it in our near future. If we close above the 15m 35, I'll be closing my position for a couple more pips than what I'm locked in at.
Just digging in the trenches like everyone else!
  • #103,615
  • Dec 3, 2008 7:07am Dec 3, 2008 7:07am
Quoting Infinity
Yo bro!! How''s it going? Did you get in at the m15 50ema... I did.... I wanted 4800 but I got 4792...
Maybe it is a question to eohater but on his thread for your system it is said on post #8 that its 50 SMA and not 50 EMA.

We did not reach 50sma.

Please correct me if I am wrong...
as I missed this one
  • #103,616
  • Dec 3, 2008 7:07am Dec 3, 2008 7:07am
Quoting steelhead
both long positions gave me profit i lock in profit +60 or so especially when swimming against the current tut tut.

still holding position from 1.4675 after taking profit
Legend
Probability Professor
  • #103,617
  • Dec 3, 2008 7:09am Dec 3, 2008 7:09am
Quoting steelhead
both long positions gave me profit i lock in profit +60 or so especially when swimming against the current tut tut.

still holding position from 1.4675 after taking profit
You must have rather ripped arms. When are you gonna short this again?
Probability Professor
  • #103,618
  • Dec 3, 2008 7:09am Dec 3, 2008 7:09am
Quoting ady27
Maybe it is a question to eohater but on his thread for your system it is said on post #8 that its 50 SMA and not 50 EMA.

We did not reach 50sma.

Please correct me if I am wrong...
as I missed this one
put both of them on your chart..
Patience + Discipline - Greed = Success
  • #103,619
  • Dec 3, 2008 7:12am Dec 3, 2008 7:12am
Quoting Infinity
put both of them on your chart..

hhhaaa
  • #103,620
  • Dec 3, 2008 7:13am Dec 3, 2008 7:13am
Quoting eohater
I agree, I don't see it today, but I do see it in our near future. If we close above the 15m 35, I'll be closing my position for a couple more pips than what I'm locked in at.
Sounds reasonable..
Patience + Discipline - Greed = Success
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