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Cable Update (GBPUSD)

  • #107,701
  • Dec 17, 2008 6:48pm Dec 17, 2008 6:48pm
Quoting ForexRookie
We are moving sideways according to DailyFX Plus.
Patience + Discipline - Greed = Success
  • #107,702
  • Dec 17, 2008 6:51pm Dec 17, 2008 6:51pm
Quoting Infinity
Are we not usually moving sideways when the main Sessions are inactive? The balance of Short and Long positions are almost equal at the moment.
"The trend is your friend, until the end."
  • #107,703
  • Dec 17, 2008 7:27pm Dec 17, 2008 7:27pm
Burnt my hands yesterday..

Well.. now i have an open position at 1.5528..

Waiting for double topsssss!! if that's gonna happen..

Looking at things goin rite now.. it seems.. i might have to SL now.. another holeeeeee...

Any one expecting double tops??
Learn the words... speak the words
  • #107,704
  • Dec 17, 2008 7:27pm Dec 17, 2008 7:27pm
I think it is still heading up.
  • #107,705
  • Dec 17, 2008 7:54pm Dec 17, 2008 7:54pm
hey guys
  • #107,706
  • Dec 17, 2008 8:06pm Dec 17, 2008 8:06pm
Hi Shermentor... waiting for your advise...

im just closed my position on EURJPY after double top.
  • #107,707
  • Dec 17, 2008 8:16pm Dec 17, 2008 8:16pm
it's moving... closed my positions...
Learn the words... speak the words
  • #107,708
  • Dec 17, 2008 8:22pm Dec 17, 2008 8:22pm
Quoting Shermenator
hey guys
What's up sherm ? Long or short ?
  • #107,709
  • Dec 17, 2008 8:27pm Dec 17, 2008 8:27pm
Quoting gagakrimba
What's up sherm ? Long or short ?
sideways lol...we are in a range bewteen a 38.2 coming down from the daily and a 38.2 coming up as a swing....

long wicks on both sides meaning scalping is mostly going to take place in smaller time frames....you already see a range on the larger timeframes but it will slowy take place in the smaller timeframes...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 25 KB
  • #107,710
  • Dec 17, 2008 8:29pm Dec 17, 2008 8:29pm
Quoting gagakrimba
What's up sherm ? Long or short ?
she will pop from break , waiting my long for 40 pips, only 3 pips again..
  • #107,711
  • Dec 17, 2008 8:40pm Dec 17, 2008 8:40pm
Quoting Shermenator
sideways lol...we are in a range bewteen a 38.2 coming down from the daily and a 38.2 coming up as a swing....

long wicks on both sides meaning scalping is mostly going to take place in smaller time frames....you already see a range on the larger timeframes but it will slowy take place in the smaller timeframes...

Attachment
It's a 50 pips range.
Long @ 1.5500/close @ 1.550 and vice versa
  • #107,712
  • Dec 17, 2008 8:42pm Dec 17, 2008 8:42pm
Quoting gagakrimba
It's a 50 pips range.
Long @ 1.5500/close @ 1.550 and ice versa

yep...I wont bother with that
  • #107,713
  • Edited 9:17pm Dec 17, 2008 9:05pm | Edited 9:17pm
I short next 2 or 3 M15 candle perhap ! See what happened the same time yesterday vs today on M15 !
Attached Image (click to enlarge)
Click to Enlarge Name: retrace181208.gif Size: 55 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,714
  • Dec 17, 2008 9:23pm Dec 17, 2008 9:23pm
she pop from break, and 90 pips long saved! waiting for DT!

Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 19 KB
  • #107,715
  • Dec 17, 2008 9:25pm Dec 17, 2008 9:25pm
Yes I went short, caught at 1.5610 ! And locked quickly !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,716
  • Dec 17, 2008 9:26pm Dec 17, 2008 9:26pm
GOTCHA + 10 pips !!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,717
  • Dec 17, 2008 9:37pm Dec 17, 2008 9:37pm
Quoting manize
GOTCHA + 10 pips !!!
do you think she will up again? i only 13 pips =))
  • #107,718
  • Dec 17, 2008 9:38pm Dec 17, 2008 9:38pm
Now the battle session between Long and short ! Interested looking on M1, up and down at level 1.5604 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,719
  • Dec 17, 2008 9:39pm Dec 17, 2008 9:39pm
Quoting biax
do you think she will up again? i only 13 pips =))
No, London session should be down as usual, go long waiting for US session H1/62 ema, but I maybe wrong !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,720
  • Dec 17, 2008 9:42pm Dec 17, 2008 9:42pm
Quoting manize
No, London session should be down as usual, go long waiting for US session H1/62 ema, but I maybe wrong !
thank for quickly signal

i just buuk 90 (long) + 13 (short) pips!!
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