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Cable Update (GBPUSD)

  • #123,381
  • Feb 25, 2009 9:35am Feb 25, 2009 9:35am
Quoting eohater
I'm looking at the hammer forming on the 15m chart for that long ride myself.
this is aggressive but is this the kinda signal u look for on 15 minute chart bro?
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  • #123,382
  • Feb 25, 2009 9:36am Feb 25, 2009 9:36am
Quoting Infinity
Thanks bro! Glad to see you're doing well yourself...
Thanks bro! I'm about ready to dump my shorts and jump long. We have matching lows on the last 2 15m candles closed at 4256.
Just digging in the trenches like everyone else!
  • #123,383
  • Feb 25, 2009 9:40am Feb 25, 2009 9:40am
Quoting nAVIN2007
this is aggressive but is this the kinda signal u look for on 15 minute chart bro?
I wouldn't play a PO where you have your line drawn, but notice the candle I circled on your chart. Once that candle closed, I would go long. Why, the prior candle as a full bearish candle, the candle circled was a bullish doji almost hammer. The long wick shows the rejection of the short sellers.
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Just digging in the trenches like everyone else!
  • #123,384
  • Feb 25, 2009 9:40am Feb 25, 2009 9:40am
Quoting eohater
Thanks bro! I'm about ready to dump my shorts and jump long. We have matching lows on the last 2 15m candles closed at 4256.
I have one at 70.. but I am watching the 5 and 10 on m15...
Patience + Discipline - Greed = Success
  • #123,385
  • Feb 25, 2009 9:41am Feb 25, 2009 9:41am
we are late, long train has just passed by
ROBOT FOREX
  • #123,386
  • Feb 25, 2009 9:43am Feb 25, 2009 9:43am
Quoting Infinity
I have one at 70.. but I am watching the 5 and 10 on m15...
She just smacked her down, but the candle hasn't closed yet. Looking indecisive. Good job on the 70, I think your good. Your right though, need to get above the 5/10 on the 15m
Just digging in the trenches like everyone else!
  • #123,387
  • Feb 25, 2009 9:43am Feb 25, 2009 9:43am
Quoting wormboy
Now you're talking mate
You're always trying to get it down to 3500. Have you thought of upgrading your account so you get the buy button as well as the sell button?
  • #123,388
  • Feb 25, 2009 9:44am Feb 25, 2009 9:44am
There's divergence on MACD on the 5 and 15 minute timeframes.
  • #123,389
  • Feb 25, 2009 9:46am Feb 25, 2009 9:46am
Quoting daffy
You're always trying to get it down to 3500. Have you thought of upgrading your account so you get the buy button as well as the sell button?

Why? I trade off 4hrly & daily. Trend is down. The only button that works for me now is sell.
Thank You
  • #123,390
  • Feb 25, 2009 9:46am Feb 25, 2009 9:46am
Quoting daffy
You're always trying to get it down to 3500. Have you thought of upgrading your account so you get the buy button as well as the sell button?

Just digging in the trenches like everyone else!
  • #123,391
  • Feb 25, 2009 9:47am Feb 25, 2009 9:47am
A good target for the retrace would normally be the 61.8 % Fib level of the last move down at 4357, however, I would stay just below it at 4352. Beddytime

AJ
Disclaimer: Take all trades at your own risk. Trade Demo account only.
  • #123,392
  • Feb 25, 2009 9:48am Feb 25, 2009 9:48am
Seller still domination....

where the buyer?

i can't take order right now....
  • #123,393
  • Feb 25, 2009 9:48am Feb 25, 2009 9:48am
Quoting eohater
She just smacked her down, but the candle hasn't closed yet. Looking indecisive. Good job on the 70, I think your good. Your right though, need to get above the 5/10 on the 15m
I closed partially at 95 and have the rest at +2... I have a feeling 423x will be the spot...
Patience + Discipline - Greed = Success
  • #123,394
  • Feb 25, 2009 9:49am Feb 25, 2009 9:49am
Quoting nAVIN2007
the problem comes when u close one of the positions

Closed all, +96....

Might be a little premature as well, but, the whole bird in the hand....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #123,395
  • Feb 25, 2009 9:50am Feb 25, 2009 9:50am
Quoting eohater
I wouldn't play a PO where you have your line drawn, but notice the candle I circled on your chart. Once that candle closed, I would go long. Why, the prior candle as a full bearish candle, the candle circled was a bullish doji almost hammer. The long wick shows the rejection of the short sellers.
yes yur right..i only took it cause theres 2 piercing formations and that pin..giving us a double bottom...still experimenting with the entery on low time frame
  • #123,396
  • Feb 25, 2009 9:50am Feb 25, 2009 9:50am
Quoting Infinity
I closed partially at 95 and have the rest at +2... I have a feeling 423x will be the spot...
What do you have on 423x? Never mind, I looked closer and now I see what your seeing.
Just digging in the trenches like everyone else!
  • #123,397
  • Feb 25, 2009 9:50am Feb 25, 2009 9:50am
Quoting Magix
Closed all, +96....

Might be a little premature as well, but, the whole bird in the hand....
nice job
  • #123,398
  • Feb 25, 2009 9:51am Feb 25, 2009 9:51am
this all i see for now, i see us going down




Quoting nAVIN2007
and no stop loss also the drawdown on the account is important otherwise when live the dynamics will be so different and will definately effect results

but impressive still
  • #123,399
  • Feb 25, 2009 9:55am Feb 25, 2009 9:55am
Quoting eohater
I wouldn't play a PO where you have your line drawn, but notice the candle I circled on your chart. Once that candle closed, I would go long. Why, the prior candle as a full bearish candle, the candle circled was a bullish doji almost hammer. The long wick shows the rejection of the short sellers.
gentlemen..

your basing this hammer on a "1 Minute chart" this is not a 15 minute chart
  • #123,400
  • Feb 25, 2009 9:56am Feb 25, 2009 9:56am
Quoting mcmartins
this all i see for now, i see us going down
I agree..with the daily projections and mcmartins statement...so far...only speculation on direction change
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