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Cable Update (GBPUSD)

  • #124,121
  • Mar 1, 2009 6:54pm Mar 1, 2009 6:54pm
Not long yet, but if indies finish in the correction, I won't be too far behind your long...if not, just going to wait for next ride...

Not a forever hold, just for a play...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #124,122
  • Mar 1, 2009 7:18pm Mar 1, 2009 7:18pm
Monday always difficult for me to trade. I will entry on next US session. This is my platform !

Tradding well guys !
Attached Image (click to enlarge)
Click to Enlarge Name: 020309.gif Size: 83 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,123
  • Mar 1, 2009 7:23pm Mar 1, 2009 7:23pm
Quoting Forbes55
who spoke about gap up last Friday?
now you see that's it's down as I said!
I wish I made order last Friday
The next time you know you're right, don't hesitate to pull the trigger.
Trade off your chart & not others because too many people have too many different things they see. That rarely helps, more often than so, it'll just confuse you. Cheers mate.

Took out three quarter of my position @4207 +300 on the green
Good way to start the month.

EO : Nice one mate. Thanks.
Thank You
  • #124,124
  • Mar 1, 2009 7:44pm Mar 1, 2009 7:44pm
Quoting manize
Monday always difficult for me to trade. I will entry on next US session. This is my platform !

Tradding well guys !
hahahah only monday is hard for you ?? Nice platform lool
  • #124,125
  • Mar 1, 2009 7:48pm Mar 1, 2009 7:48pm
1' 's past the dcb (23fib). Go!
  • #124,126
  • Mar 1, 2009 7:50pm Mar 1, 2009 7:50pm
Does anyone in this forum know the best numbers of the Stochastic?
(5,3,3) is the default on MT4
  • #124,127
  • Mar 1, 2009 7:57pm Mar 1, 2009 7:57pm
the 3 and the 5,I do not use the stoches on the 5 min only the 1 and 4 hour
  • #124,128
  • Mar 1, 2009 8:25pm Mar 1, 2009 8:25pm
i will wait this candle and see what happend!!
  • #124,129
  • Mar 1, 2009 8:37pm Mar 1, 2009 8:37pm
Bearish flag on 30m and 1H?
Attached Image (click to enlarge)
Click to Enlarge Name: 15 min.jpg Size: 107 KB
  • #124,130
  • Mar 1, 2009 9:12pm Mar 1, 2009 9:12pm
I closed my shorts and long we goooo
  • #124,131
  • Mar 1, 2009 9:34pm Mar 1, 2009 9:34pm
I hope you are scalping because the short tern trend is still bearish.

Good Luck...




Quoting Benjie
I closed my shorts and long we goooo
[
  • #124,132
  • Mar 1, 2009 9:37pm Mar 1, 2009 9:37pm
i closed them with + 25 dono if thats scalping or not but my trade lasted for mb 30 mins
  • #124,133
  • Mar 1, 2009 9:39pm Mar 1, 2009 9:39pm
Quoting rgitt05
I hope you are scalping because the short tern trend is still bearish.

Good Luck...

Yes, I think she's still bearish, long this time too risk.
Anyway, good luck for who long.
The market is always right, but it is not never wrong!!!
  • #124,134
  • Mar 1, 2009 10:11pm Mar 1, 2009 10:11pm
welcome to March

I shorted at 4210, TP 4120, SL 4320.

i hope I beat last month's return of 117%
  • #124,135
  • Mar 1, 2009 10:22pm Mar 1, 2009 10:22pm
Bank of England poised for rate cut

Any thoughts on how this will effect the GBP/USD

Cheers
  • #124,136
  • Mar 1, 2009 10:25pm Mar 1, 2009 10:25pm
GMP/USD?????/ I think you mean GBP/USD
  • #124,137
  • Mar 1, 2009 10:31pm Mar 1, 2009 10:31pm
Here are the three support level that GU may bounce off

S1 1.4162
S2 1.4008
S3 1.3906

It may be a bit off from other platforms depending on your broker..

I am more concern about the S2 level because if it breaks than the downward trend is confirm to 1.3500 area..If it bounce off the S2 than an upward PA toward the upper TL on the daily chart

Good luck..



Quoting guardians
Yes, I think she's still bearish, long this time too risk.
Anyway, good luck for who long.
Attached Image (click to enlarge)
Click to Enlarge Name: daily gu.gif Size: 28 KB
[
  • #124,138
  • Mar 1, 2009 10:32pm Mar 1, 2009 10:32pm
Quoting CableXpert
GMP/USD?????/ I think you mean GBP/USD
Oops, sorry glad you caught that, It's late here in TO Canada.
Thanks for the input

Cheers
  • #124,139
  • Mar 1, 2009 11:38pm Mar 1, 2009 11:38pm
Quoting rgitt05

I am more concern about the S2 level because if it breaks than the downward trend is confirm to 1.3500 area..
Lol, why the concern mate? Blow 4150 & she'll get there in a hurry. Just ride her down.
Thank You
  • #124,140
  • Mar 2, 2009 1:26am Mar 2, 2009 1:26am
Quoting trader8686
Does anyone in this forum know the best numbers of the Stochastic?
(5,3,3) is the default on MT4
i use 5,5,5 on 15mins charts

try it
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