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Cable Update (GBPUSD)

  • #116,241
  • Jan 29, 2009 11:01am Jan 29, 2009 11:01am
Quoting BBPI_fxtrader
i agree. also, one should be looking at higher timeframes too, like 4h and daily
Im agree with you, & thats very important
"Even A Thousand Mile Journey Begins with the First Step"
  • #116,242
  • Jan 29, 2009 11:01am Jan 29, 2009 11:01am
Quoting PipLand
I started writing a reply but you know what, it truly is a waste of time, i just hope one day I grow up to be as important as you

Thats not what i want you to do. maybe instead of being such a complainer you might actually take the info and learn from it. Thats what I would like you to do.
  • #116,243
  • Jan 29, 2009 11:01am Jan 29, 2009 11:01am
Quoting sofia101
Right on the money good scalp
you definitely going short if it bounces off hourly high?
  • #116,244
  • Jan 29, 2009 11:02am Jan 29, 2009 11:02am
Quoting steelhead
I knew there would be people in here saying if she breaks that area highlighted in red i will add to my longs.


Classic sucker play. I know there were plenty in here trading the break of that redline to the longside. Congrats you were had by the market makers.
It was indeed!

As much as it hurts some, it is the truth. As I have said from the beginning, it is how you say things sometimes that gets to people, not so much what you say... I am not trying to change you though... do your thing.....
Patience + Discipline - Greed = Success
  • #116,245
  • Jan 29, 2009 11:02am Jan 29, 2009 11:02am
4 chart closed 4pm GMT as doji, signal of slowing, stalling, uncertainty with this current bounce, tomorrow is month end plus friday, could well see move lower, would be good to see some stabilty in this pair... weekly ranges are enormous, the month close will be interesting....
Trading is 80% Emotional, 20% Technical
  • #116,246
  • Jan 29, 2009 11:05am Jan 29, 2009 11:05am
God, after ten years of lurking on forums, it never ceases to crack me up. Forums are just like the charts...the same patterns keep repeating over and over. :-)
There's always money in the banana stand.
  • #116,247
  • Jan 29, 2009 11:06am Jan 29, 2009 11:06am
Quoting joemiami
you definitely going short if it bounces off hourly high?
yes I will somewhere around 1.4350-80 will see
  • #116,248
  • Jan 29, 2009 11:06am Jan 29, 2009 11:06am
Quoting fx local
4 chart closed 4pm GMT as doji, signal of slowing, stalling, uncertainty with this current bounce, tomorrow is month end plus friday, could well see move lower, would be good to see some stabilty in this pair... weekly ranges are enormous, the month close will be interesting....
The reasons why I was'nt too concerned about trading today after I closed my last shorts...
Patience + Discipline - Greed = Success
  • #116,249
  • Jan 29, 2009 11:06am Jan 29, 2009 11:06am
wondering if i should take a long here to retest area..........

i think i will...
  • #116,250
  • Jan 29, 2009 11:07am Jan 29, 2009 11:07am
Quoting Infinity
It was indeed!

As much as it hurts some, it is the truth. As I have said from the beginning, it is how you say things sometimes that gets to people, not so much what you say... I am not trying to change you though... do your thing.....
the move looked like stops been hunted + triggered, hence the fast rejection...

u trading infin? tests of daily lows soon u thinking?
Trading is 80% Emotional, 20% Technical
  • #116,251
  • Jan 29, 2009 11:07am Jan 29, 2009 11:07am
Quoting Infinity
It was indeed!

As much as it hurts some, it is the truth. As I have said from the beginning, it is how you say things sometimes that gets to people, not so much what you say... I am not trying to change you though... do your thing.....
If i say it any other way i wonder if it gets their attention thats why i say it like that.

No worries i will just go back to my journal and helping the willing
  • #116,252
  • Jan 29, 2009 11:08am Jan 29, 2009 11:08am
OK, 15 min closed as a kind of H&S.
On 4H we've got a kind of pin.
Does anybody know if she will go a kind of south?
  • #116,253
  • Jan 29, 2009 11:08am Jan 29, 2009 11:08am
Quoting steelhead
Thats not what i want you to do. maybe instead of being such a complainer you might actually take the info and learn from it. Thats what I would like you to do.

Your names steelhead so this might be hard but listen, I havent made a complaint about the market or anythign else, only complaint I made is your only contribution today was to post about a past event and how you wouldnt have traded such past event and to insult anyone that would have made a particular trade.

If you posted this before the event then you might have had more justification for your insults, as it stands you have none.
  • #116,254
  • Jan 29, 2009 11:11am Jan 29, 2009 11:11am
Quoting Infinity
It was indeed!

As much as it hurts some, it is the truth. As I have said from the beginning, it is how you say things sometimes that gets to people, not so much what you say... I am not trying to change you though... do your thing.....
Out of interest, how would you have played it to avoid being caught? The question goes out to steelhead too, but I'm guessing since he trades the 4H charts, that would be the response, i.e. the TF he trades wouldn''t have exposed him it in the first place.
  • #116,255
  • Jan 29, 2009 11:12am Jan 29, 2009 11:12am
Quoting fx local
the move looked like stops been hunted + triggered, hence the fast rejection...

u trading infin? tests of daily lows soon u thinking?
I have'nt entered a trade since I closed my last shorts early London session. I have been busy on the road as well but I will be looking later on. Lots of uncertain price action going on so I may just wait on the daily close later....
I have a feeling we will be going up though going into the us gdp....
Patience + Discipline - Greed = Success
  • #116,256
  • Jan 29, 2009 11:14am Jan 29, 2009 11:14am
Quoting PipLand
Your names steelhead so this might be hard but listen, I havent made a complaint about the market or anythign else, only complaint I made is your only contribution today was to post about a past event and how you wouldnt have traded such past event and to insult anyone that would have made a particular trade.

If you posted this before the event then you might have had more justification for your insults, as it stands you have none.

you apparently dont like to read my posts much. What part of i was sleeping did you not understand?

I have pointed this sucker play out many times, but see you dont see those cause you are to busy complaining to actually read what is being said.

Furthermore if you read any of my posts i talk about false breakouts all the time, and how it is one of the ways the professionals get retailers on the wrongside of the trade. So just because heaven forbid i was sleeping when it happened this morning does not make my post less valid.

So let me just repeat myself one more time Pipland go back through the history of my posts you will find I talk about the same thing that happened this morning all the time.
  • #116,257
  • Jan 29, 2009 11:15am Jan 29, 2009 11:15am
potential double bottom on m15?
  • #116,258
  • Jan 29, 2009 11:15am Jan 29, 2009 11:15am
Quoting koorb
potential double bottom on m15?
looks that way...
  • #116,259
  • Jan 29, 2009 11:17am Jan 29, 2009 11:17am
Quoting joemiami
looks that way...
... and a pin.
  • #116,260
  • Jan 29, 2009 11:17am Jan 29, 2009 11:17am
Quoting Infinity
I have'nt entered a trade since I closed my last shorts early London session. I have been busy on the road as well but I will be looking later on. Lots of uncertain price action going on so I may just wait on the daily close later....
I have a feeling we will be going up though going into the us gdp....
ok cool, saw ur last post, good trade there, been whippy price action to say the least, but there have been some good trades if the timing is right of course... my timing been a bit off past couple of trading sessions, battle fatigue

US GDP! i almost forgot!

happy trading....
Trading is 80% Emotional, 20% Technical
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