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Cable Update (GBPUSD)

  • #119,961
  • Feb 12, 2009 2:54am Feb 12, 2009 2:54am
Quoting fifo
small bugfix (i forgot to close data file after reading - corrected now)
hi fifo..
can u please help me?

what should i do now?
the chart didnt shows BUY/SELL at all?

pls advise

pop

http://i537.photobucket.com/albums/f...et/abuawad.jpg
{Promotion Removed}
  • #119,962
  • Feb 12, 2009 2:55am Feb 12, 2009 2:55am
I Stayaside now
  • #119,963
  • Feb 12, 2009 2:55am Feb 12, 2009 2:55am
USD pairs are on free fall. lol
  • #119,964
  • Feb 12, 2009 2:56am Feb 12, 2009 2:56am
Quoting popisdead
hi fifo..
can u please help me?

what should i do now?
the chart didnt shows BUY/SELL at all?

pls advise

pop

http://i537.photobucket.com/albums/f...et/abuawad.jpg
Click on Chart Shift next to AutoScroll
  • #119,965
  • Feb 12, 2009 2:59am Feb 12, 2009 2:59am
shes so sexxxy . . .
well may be she will hit 1.4000
  • #119,966
  • Feb 12, 2009 2:59am Feb 12, 2009 2:59am
Quoting big2mac
Abuawad, following your method waht you do if the PA carried on going south and didin't retrace back to 4275?
i don't know why to run fast and enter the trade, we have already collect nice pips, and there are news now. also still the market at the first two hours,
no need to jump then hang with position for long time and missing the good entry.
wait thats all, keep an eye on the large time frame, 30M 1H&4H didn't close yet and there are a good support on 1.4207.
lets see
  • #119,967
  • Feb 12, 2009 2:59am Feb 12, 2009 2:59am
Quoting popisdead
hi fifo..
can u please help me?

what should i do now?
the chart didnt shows BUY/SELL at all?

pls advise

pop

shift your chart left - (click on button shown on attached image)
Attached Image
  • #119,968
  • Feb 12, 2009 3:00am Feb 12, 2009 3:00am
Quoting at2au
Click on Chart Shift next to AutoScroll
thanks so much at2au..its working now..

thanks all..especially abuawad and fifo .

god bless ya all!

pop
{Promotion Removed}
  • #119,969
  • Feb 12, 2009 3:05am Feb 12, 2009 3:05am
I am loving the fact that I am exploiting Pound weakness. But I hate the fact
that the Pound is getting ra*ed by the American Dollar, me being British and all.

  • #119,970
  • Feb 12, 2009 3:06am Feb 12, 2009 3:06am
Anyone planning on going long should do it with upmost care. The daily cci is entering oversold, which usually means it's going down hard. just a thought.
Good luck with your trades guys.
Thank You
  • #119,971
  • Feb 12, 2009 3:11am Feb 12, 2009 3:11am
Hello everybody I can see a little bounce at1.4163 will see,good morning to you all.
  • #119,972
  • Feb 12, 2009 3:11am Feb 12, 2009 3:11am
Quoting wormboy
Anyone planning on going long should do it with upmost care. The daily cci is entering oversold, which usually means it's going down hard. just a thought.
Good luck with your trades guys.
wormboy..you must mean oversold..so there is going to be reversal..upward...but I strongly believe in dont trade against the trend..

The indicators are all stating a nice trade upward would be inorder. This run downward is mostly emotion and fundamentals running its course....
...at this time..careful

And a good morning Sofia
  • #119,973
  • Feb 12, 2009 3:12am Feb 12, 2009 3:12am
Quoting big2mac
Abuawad, following your method waht you do if the PA carried on going south and didin't retrace back to 4275?
i think it's going to retrace to 1.426
then down for sure
  • #119,974
  • Feb 12, 2009 3:14am Feb 12, 2009 3:14am
Quoting JammerJams
wormboy..you must mean oversold..so there is going to be reversal..upward...but I strongly believe in dont trade against the trend..

The indicators are all stating a nice trade upward would be inorder...at this time..careful

And a good morning Sofia
How are you today?
  • #119,975
  • Feb 12, 2009 3:15am Feb 12, 2009 3:15am
free fall. doesnot any pullback making me still outside. Any help for trading with a situation like this bro's? Let jump when it on the way?
  • #119,976
  • Feb 12, 2009 3:15am Feb 12, 2009 3:15am
Quoting learntowin
It goes up after my S/L hit ?

So sad
We have ema system, pivot etc.We must combine Abuawad system and ourown system and make a little modification, especially about the safe SL.
No need frustation, now loss next time not. Yesterday I've got loss when hold short and then a bull trap come suddenly ! It is the art of tradding FOREX where loss is a part of success !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #119,977
  • Feb 12, 2009 3:21am Feb 12, 2009 3:21am
Quoting wormboy
Anyone planning on going long should do it with upmost care. The daily cci is entering oversold, which usually means it's going down hard. just a thought.
Good luck with your trades guys.
Someone told me oversold means almost nothing to sell which may result to high demand,therefore a bullish market will happen,but your concept seems to contradict the picture i have;can u shed some light pls?
  • #119,978
  • Feb 12, 2009 3:21am Feb 12, 2009 3:21am
It is still downtrend. Hopefully up to 1.4120/ 4030. Wait until the US news then hopefully there will be reversal
  • #119,979
  • Feb 12, 2009 3:22am Feb 12, 2009 3:22am
Quoting JammerJams
wormboy..you must mean oversold..so there is going to be reversal..upward...but I strongly believe in dont trade against the trend..

The indicators are all stating a nice trade upward would be inorder...at this time..careful

And a good morning Sofia
yes sir. there will be a small pullback. but with cci oversold, contrary to the rsi which usually signals a reversal, it usually will head to the direction it is meant which in this case is south. This method was introduced by Boris Schlossberg.
Thank You
  • #119,980
  • Feb 12, 2009 3:24am Feb 12, 2009 3:24am
With reference to the fan setup at (not the actual fan (or the horizontals there, for that matter)) in
http://www.forexfactory.com/showthre...40#post2501640 ,
here's a new fan, this on the 1', that worked overnight:
2009.02.11 18:42 1.442395
2009.02.11 19:41 1.44128
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