Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#116,361
Jan 29, 2009 7:03pm Jan 29, 2009 7:03pm

torcuswelby
| Joined Dec 2006 | Status: Michigan Mike | 135 Posts

Quoting Fx24k

Disliked

nice move down 2 minutes after i entered the short trade.i'm liking it!

Ignored

nice trade,I also saw it but thought it might retrace to 70

#116,362
Jan 29, 2009 7:08pm Jan 29, 2009 7:08pm

SamuelOnline
| Joined Mar 2008 | Status: Full time trader since 1996 | 103 Posts

Quoting SamuelOnline

Disliked

GU is just testing some hearts here ...obviously, soon we will see 1.4200 again...a new short has been opened from around 1.4310...

Ignored

Still some dowtrend, but, obiously...it´s time to long...maybe will retest 1.4320...

#116,363
Jan 29, 2009 7:10pm Jan 29, 2009 7:10pm

scalpz
| Joined Oct 2008 | Status: Target 1: SL in the green | 513 Posts

Quoting Fx24k

Disliked

nice move down 2 minutes after i entered the short trade.i'm liking it!

Ignored

Nice, Wonder if you could explain what triggered off your short & when.
cheers

Target 2 : Stoploss in the green

#116,364
Jan 29, 2009 7:11pm Jan 29, 2009 7:11pm

PipLand
| Joined Nov 2008 | Status: Trader | 2,548 Posts

Interesting

I made this trendline but i never expected it to put up any resistance i thought straight to 4160 if 4225 gets taken out but maybe it is being obeyed???

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#116,365
Jan 29, 2009 7:15pm Jan 29, 2009 7:15pm

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Hi all.Afetr some time some of mine charts.I was trading euro in past time so.. heare is cable.I found that trading on litlle biger TF like 1hr and 4 hr gives me some nice pips.And i am not at computer all the time.So this forex job is geting better and better.

Now back to charts.

On daily i watch this red,orange and white line.Look CCI,RSI,STOCH.Litlle lower highs and price do the same.now green line is intresting to me.CCI is at 0,RSI is below 50 but on the same level as high before ad stoch is above 80 but price made lower high then last one.So if stoch is in overbought area and RSi didnt make above 50 and price is lower what will be when people start to sell?It would be very nice to see test of 37 area while euro try to test that 2700 area.

4 hr chart shows lower indi highs but price didn't do that.So we have again divergance.

This is little biger TF so maybe some time takes to make this start working but i think it will happend.Sl is little biger then usualy but Money menagment is ok.Hope you understand this idea.See ya tommorow or next week to see results.

And for the end daily chanel.

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#116,366
Jan 29, 2009 7:16pm Jan 29, 2009 7:16pm

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting PipLand

Disliked

Interesting

I made this trendline but i never expected it to put up any resistance i thought straight to 4160 if 4225 gets taken out but maybe it is being obeyed???

Ignored

Now watch it pullback up and fall some more. Come on soldiers, get your grove on! If the 1h 62 holds her down, I'll add more soldiers along the battle path.

Just digging in the trenches like everyone else!

#116,367
Jan 29, 2009 7:19pm Jan 29, 2009 7:19pm

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts

Hi Mike W glad to see you

Hope all is well with you?

On-site guru & also FF member's' psychiatrist, when not drinking tea

#116,368
Jan 29, 2009 7:26pm Jan 29, 2009 7:26pm

PipLand
| Joined Nov 2008 | Status: Trader | 2,548 Posts

Quoting "expert"

Disliked

Hi all.Afetr some time some of mine charts.I was trading euro in past time so.. heare is cable.I found that trading on litlle biger TF like 1hr and 4 hr gives me some nice pips.And i am not at computer all the time.So this forex job is geting better and better.

Now back to charts.

On daily i watch this red,orange and white line.Look CCI,RSI,STOCH.Litlle lower highs and price do the same.now green line is intresting to me.CCI is at 0,RSI is below 50 but on the same level as high before ad stoch is above 80 but price made lower high then last...

Ignored

Good to have you back and thnx for the graphs

#116,369
Jan 29, 2009 7:27pm Jan 29, 2009 7:27pm

PipLand
| Joined Nov 2008 | Status: Trader | 2,548 Posts

I get a feeling were gonna rally please dont trade it, its just a feeling!! nothing technical at all

#116,370
Jan 29, 2009 7:30pm Jan 29, 2009 7:30pm

Fx24k
| Joined Jan 2009 | Status: Trader | 54 Posts

was tracking the 1 minute and 5 minute charts down and watching tokyo. tokyo's down start following ny's down day plus the nice downward sloping 1 and 5 minute charts had me pull the trigger on a small upswing.

#116,371
Jan 29, 2009 7:31pm Jan 29, 2009 7:31pm

DireXiv
| Joined Jan 2007 | Status: Holy Pips Batman! | 486 Posts

I have that feeling too.. all trades on hold.. was trading e/u.. and just couldn't make anythign out of the trades.. kept taking +1 or b/e on winning trades

Quoting PipLand

Disliked

I get a feeling were gonna rally please dont trade it, its just a feeling!! nothing technical at all

Ignored

DireXiv Make it happen, no one else is going to do it for you...

#116,372
Jan 29, 2009 7:32pm Jan 29, 2009 7:32pm

uut
| Joined Aug 2008 | Status: pendekar forex | 241 Posts

hmmm i short since 1.4281

i expect we should topuch at east 1.4125 then we go up again . . .
strange . . .the yesterday daily candle is not bullish . . .if today we cannt make higher than 1.4412 we shall go down.

and it seems the eruo has been diving las hours.

(just my opinion)

-------------
PS : i didnt make some pips yest only 2 pips . . . arggghhhh

#116,373
Jan 29, 2009 7:34pm Jan 29, 2009 7:34pm

golatigo
| Joined Aug 2006 | Status: Go Seahawks | 240 Posts

Quoting eohater

Disliked

Now watch it pullback up and fall some more. Come on soldiers, get your grove on! If the 1h 62 holds her down, I'll add more soldiers along the battle path.

Ignored

Did you get some of that drop?
Been gone all afternoon, but came home to another 80 on that trade
from eailer today - guess I could have set my t p lower then i did
but i'll take the 80

what do you see setting up for tonight
haven't looked over my charts yet

#116,374
Jan 29, 2009 7:35pm Jan 29, 2009 7:35pm

PipLand
| Joined Nov 2008 | Status: Trader | 2,548 Posts

Quoting DireXiv

Disliked

I have that feeling too.. all trades on hold.. was trading e/u.. and just couldn't make anythign out of the trades.. kept taking +1 or b/e on winning trades

Ignored

yes its weird were going lower but the price action is bullish. Dollar continuing to strengthen not as fast as before but still not killing the £ completely, im just thinking to myself what happens if there is any dollar weakness, rally?

#116,375
Jan 29, 2009 7:44pm Jan 29, 2009 7:44pm

PipLand
| Joined Nov 2008 | Status: Trader | 2,548 Posts

Quoting DireXiv

Disliked

I have that feeling too.. all trades on hold.. was trading e/u.. and just couldn't make anythign out of the trades.. kept taking +1 or b/e on winning trades

Ignored

my feeling is getting stronger lol im glad you said it too at least i know im not mad,,,, yet

#116,376
Jan 29, 2009 7:48pm Jan 29, 2009 7:48pm

scalpz
| Joined Oct 2008 | Status: Target 1: SL in the green | 513 Posts

Quoting Fx24k

Disliked

was tracking the 1 minute and 5 minute charts down and watching tokyo. tokyo's down start following ny's down day plus the nice downward sloping 1 and 5 minute charts had me pull the trigger on a small upswing.

Ignored

Ah - i think i worked out the area - great.
Thanks

Target 2 : Stoploss in the green