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Cable Update (GBPUSD)

  • #111,581
  • Jan 14, 2009 11:31am Jan 14, 2009 11:31am
Thanx for the help EO
Keep It Simple Stupid
  • #111,582
  • Jan 14, 2009 11:32am Jan 14, 2009 11:32am
Quoting Alastair
Thanx for the help EO
Anytime!
Just digging in the trenches like everyone else!
  • #111,583
  • Jan 14, 2009 11:33am Jan 14, 2009 11:33am
Quoting eohater
Infinity, have your 5/10 crossed on your 4h? They are on the verge on mine.
Hey fella, could you possibly elucidate the significance of ema crosses? I am your humble servant in advance
  • #111,584
  • Jan 14, 2009 11:38am Jan 14, 2009 11:38am
Quoting linleysound
Hey fella, could you possibly elucidate the significance of ema crosses? I am your humble servant in advance
When the ma's cross, they can prove to be a turning point in the recent trend. For example, the last time the 4h 5/10 crossed was roughly 550 pips ago. Not only is the cross signifigant, so is the angle of the cross and the opening of the mouth (part on the right side of the cross). If I see it pointing at 2:00 pm with a wide mouth, she's turning. Longs become the major player at that point.

BTW, your not my servant my friend, we're all in this together.
Just digging in the trenches like everyone else!
  • #111,585
  • Jan 14, 2009 11:41am Jan 14, 2009 11:41am
Quoting eohater
Infinity, have your 5/10 crossed on your 4h? They are on the verge on mine.
Mine does not show them crossing yet but it is getting close to doing so. my bar closes in 20 minutes.... h4 bar that is... the bar around the corner does not close until midnight...
Patience + Discipline - Greed = Success
  • #111,586
  • Jan 14, 2009 11:41am Jan 14, 2009 11:41am
Quoting eohater
When the ma's cross, they can prove to be a turning point in the recent trend. For example, the last time the 4h 5/10 crossed was roughly 550 pips ago. Not only is the cross signifigant, so is the angle of the cross and the opening of the mouth (part on the right side of the cross). If I see it pointing at 2:00 pm with a wide mouth, she's turning. Longs become the major player at that point.

BTW, your not my servant my friend, we're all in this together.
are those 5/10 sma or ema?
Keep It Simple Stupid
  • #111,587
  • Jan 14, 2009 11:42am Jan 14, 2009 11:42am
Quoting eohater
When the ma's cross, they can prove to be a turning point in the recent trend. For example, the last time the 4h 5/10 crossed was roughly 550 pips ago. Not only is the cross signifigant, so is the angle of the cross and the opening of the mouth (part on the right side of the cross). If I see it pointing at 2:00 pm with a wide mouth, she's turning. Longs become the major player at that point.

BTW, your not my servant my friend, we're all in this together.
thanks amigo
  • #111,588
  • Jan 14, 2009 11:42am Jan 14, 2009 11:42am
Quoting Alastair
are those 5/10 sma or ema?
SMA
Just digging in the trenches like everyone else!
  • #111,589
  • Jan 14, 2009 11:43am Jan 14, 2009 11:43am
Quoting eohater
When the ma's cross, they can prove to be a turning point in the recent trend. For example, the last time the 4h 5/10 crossed was roughly 550 pips ago. Not only is the cross signifigant, so is the angle of the cross and the opening of the mouth (part on the right side of the cross). If I see it pointing at 2:00 pm with a wide mouth, she's turning. Longs become the major player at that point.

BTW, your not my servant my friend, we're all in this together.
May I assume that 4pm direction will bring short players on?
  • #111,590
  • Jan 14, 2009 11:43am Jan 14, 2009 11:43am
Quoting eohater
Pardon the expression, but she needs to shit or get off the pot!
Once had a girlfriend say that to me..

I think she wanted me to propose

She was a sophisticated English rose

I got off the pot needless to say

out of the ....
  • #111,591
  • Jan 14, 2009 11:43am Jan 14, 2009 11:43am
this is boring but my charts show cable taking the stannah stair lift to 47xx i hope im still awake by then
  • #111,592
  • Jan 14, 2009 11:45am Jan 14, 2009 11:45am
Quoting eohater
When the ma's cross, they can prove to be a turning point in the recent trend. For example, the last time the 4h 5/10 crossed was roughly 550 pips ago. Not only is the cross signifigant, so is the angle of the cross and the opening of the mouth (part on the right side of the cross). If I see it pointing at 2:00 pm with a wide mouth, she's turning. Longs become the major player at that point.

BTW, your not my servant my friend, we're all in this together.
Thanks very much for that. I use the 5sma for entrances and adding additional positions on the 1h and daily -- price always seems to come back to touch it before moving on. Haven't tried the MA crosses yet so I will add the 10e or sma to compare. Trying to reduce my trading to candles and MAs principally so this could help a lot. Cheers
  • #111,593
  • Jan 14, 2009 11:46am Jan 14, 2009 11:46am
DOW losses reducing,

I think we are going green

I think

oh what do I know...
  • #111,594
  • Jan 14, 2009 11:50am Jan 14, 2009 11:50am
did oil just go from 35.5 to 44? or my charts are stuffed
  • #111,595
  • Jan 14, 2009 11:50am Jan 14, 2009 11:50am
Quoting allserene
DOW losses reducing,

I think we are going green

I think

oh what do I know...
She can be green in about 215points. Not that it's not been done, hell we've all seen it move 400points in 30m before. I really don't want to see it green yet. I want the DOW down to 7800 for the bounce back to 9000.
Just digging in the trenches like everyone else!
  • #111,596
  • Jan 14, 2009 11:51am Jan 14, 2009 11:51am
Quoting ezodisy
Thanks very much for that. I use the 5sma for entrances and adding additional positions on the 1h and daily -- price always seems to come back to touch it before moving on. Haven't tried the MA crosses yet so I will add the 10e or sma to compare. Trying to reduce my trading to candles and MAs principally so this could help a lot. Cheers

love it...'entrances'... makes it sound like we're all actors in an absurdist play (5 EMA: exuent stage left...)
  • #111,597
  • Jan 14, 2009 11:52am Jan 14, 2009 11:52am
Quoting alearner
did oil just go from 35.5 to 44? or my charts are stuffed
37.24 ATM
Just digging in the trenches like everyone else!
  • #111,598
  • Jan 14, 2009 11:53am Jan 14, 2009 11:53am
Quoting Infinity
Mine does not show them crossing yet but it is getting close to doing so. my bar closes in 20 minutes.... h4 bar that is... the bar around the corner does not close until midnight...
Damn good thing the bar around the corner doesn't close til midnight. If they closed in 20m, I'm moving to Jamaica to open a bar around the corner from your house the opens in 20m.
Just digging in the trenches like everyone else!
  • #111,599
  • Jan 14, 2009 11:54am Jan 14, 2009 11:54am
Quoting linleysound
love it...'entrances'... makes it sound like we're all actors in an absurdist play (5 EMA: exuent stage left...)
You guys are killing me today!
Just digging in the trenches like everyone else!
  • #111,600
  • Jan 14, 2009 11:58am Jan 14, 2009 11:58am
Quoting linleysound
love it...'entrances'... makes it sound like we're all actors in an absurdist play (5 EMA: exuent stage left...)
greetings UK buddy. It could be like that, though I tend to think of it more as the mad bar scene from the film Satantango
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