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Cable Update (GBPUSD)

  • #124,161
  • Mar 2, 2009 3:57am Mar 2, 2009 3:57am
After news GBP/USD still flat...
  • #124,162
  • Mar 2, 2009 4:03am Mar 2, 2009 4:03am
Quoting Abuawad
I'm really happy that there are people start understand the system very well.
tell me haw is it feel to trade safe
Good morning Abu. here is my feedback and feelings. For me it is all about faith in the system. I think your method is very thorough and detailed but unfortunately I have not been able to recreate to figures you come out with every day. That is why I say for me it is about faith. I would like to be able to achieve the number you come up with so I will persevere.
I have noticed that the 1st level often ocurrs between 00:00 and 6:00 UK time so I generally miss these ones.
I don't want to give you any more work as I imagine there is a lot of time put into producing the numbers, but ocassionally perhaps you could comment here where you got a particular level. I don't mean all the levels just the odd one from time to time. I think this may help those of us that are trying to do your analysis.
For now, many thanks for all your hard work!!
  • #124,163
  • Mar 2, 2009 4:07am Mar 2, 2009 4:07am
Quoting Barny
Good morning Abu. here is my feedback and feelings. For me it is all about faith in the system. I think your method is very thorough and detailed but unfortunately I have not been able to recreate to figures you come out with every day. That is why I say for me it is about faith. I would like to be able to achieve the number you come up with so I will persevere.
I have noticed that the 1st level often ocurrs between 00:00 and 6:00 UK time so I generally miss these ones.
I don't want to give you any more work as I imagine there is a lot of time...

thanks, but only one more thing about the figures, if you watch the videos you can see that i select them from the support and resistant of the trend. some time these figures became very accurate and some time not.
but with the history i have for cable because i only trade cable i have every day more experiance about it. anyone can do that if you foucas on one currency.
  • #124,164
  • Mar 2, 2009 4:09am Mar 2, 2009 4:09am
Long live to the master!
http://www.shareapic.net/content.php...wner=mrromance

We only depend on Abuawad's decision!
  • #124,165
  • Mar 2, 2009 4:17am Mar 2, 2009 4:17am
Care to explain why would you wait until next hour??? From what I understand according to his system, once 15m and 30 CLOSED below his trigger 4203, you entered. Which technically in this case is around 4180 in this case cause both of those candle closed at that price. But if it retraces quickly, which is what happend today, then you would enter at or around 4203. Cause he already put SL at 56 pips.....so technically, you can manage your own risk tolerance. But I wouldn't wait for the hour candle to close.......because you may just miss a quick run down to his TP, which I have seen is the case quite a few times. Just my observation.

On another note, we have been in big triangle formation on the 30M since last Friday. It is about to breakout and look like it is to the downside. If not, then it will try to reach the upper wall of this triangle around the PP of 4257.

Quoting alfamichi
my advice..wait till the next hr
  • #124,166
  • Mar 2, 2009 4:19am Mar 2, 2009 4:19am
Quoting Abuawad
thanks, but only one more thing about the figures, if you watch the videos you can see that i select them from the support and resistant of the trend. some time these figures became very accurate and some time not.
but with the history i have for cable because i only trade cable i have every day more experiance about it. anyone can do that if you foucas on one currency.
One question about Support & resistance and the trend. The current trend started in the middle of July 2008 and is regularly reaching new lows. How do you establish a level ( entry & target) that is lower than the current trend. In this case there will not be any support levels available from the current trend.
  • #124,167
  • Mar 2, 2009 4:27am Mar 2, 2009 4:27am
Quoting Benjie
hahahah only monday is hard for you ?? Nice platform lool
Monday is really hard to trade. Look, she still moves in a narrow range ( 120 pips) untill now. Trade on GU at least put SL more than - 50 pips before moves to green pips, if we don't have the chance to catch on the dip or on the high. Very risky to make an entry with the movement in a narrow range like this.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,168
  • Mar 2, 2009 4:27am Mar 2, 2009 4:27am
Quoting Barny
One question about Support & resistance and the trend. The current trend started in the middle of July 2008 and is regularly reaching new lows. How do you establish a level ( entry & target) that is lower than the current trend. In this case there will not be any support levels available from the current trend.
Now i know that you don't study my system very well. my friend, my first fibo level and fibo van start 2.4560 on 1 - 12 - 1980 even before i born....
just check it on your chart and try to apply a little thing from my method and you will see...
  • #124,169
  • Mar 2, 2009 4:28am Mar 2, 2009 4:28am
Morning, fellows!
Are we getting inverted H&S on 4H?
Attached Image (click to enlarge)
Click to Enlarge Name: 15 min.jpg Size: 94 KB
  • #124,170
  • Mar 2, 2009 4:33am Mar 2, 2009 4:33am
Quoting Abuawad
Now i know that you don't study my system very well. my friend, my first fibo level and fibo van start 2.4560 on 1 - 12 - 1980 even before i born....
just check it on your chart and try to apply a little thing from my method and you will see...
Since Jan 2009 my eldest chart (MT4) was limited only since 1 October 1987 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,171
  • Mar 2, 2009 4:38am Mar 2, 2009 4:38am
Quoting manize
Since Jan 2009 my eldest chart (MT4) was limited only since 1 October 1987 !
Here what i have
Attached Image (click to enlarge)
Click to Enlarge Name: all.gif Size: 82 KB
  • #124,172
  • Mar 2, 2009 4:40am Mar 2, 2009 4:40am
Quoting uut
Long live to the master!
http://www.shareapic.net/content.php...wner=mrromance

We only depend on Abuawad's decision!
i am in @ 1.4208...our 2nd missionary journey

one faith one green pips
  • #124,173
  • Mar 2, 2009 4:44am Mar 2, 2009 4:44am
Quoting alfamichi
i am in @ 1.4208...our 2nd missionary journey

one faith one green pips
I hope down untill 1.4055 where I will long at that level if any trigger to reverse up shown !

Please be remind, Abuawad platform always advices put SL - 56 pips ! I am sure you know what should do if you've already got some nice green pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,174
  • Mar 2, 2009 4:48am Mar 2, 2009 4:48am
Quoting manize
Since Jan 2009 my eldest chart (MT4) was limited only since 1 October 1987 !
I afraid to say I also only have data back to 1987!! but if I did have data back to 1980 I don't see how this would produce such fine intra numbers for 3 buys and 3 sells!
  • #124,175
  • Mar 2, 2009 4:57am Mar 2, 2009 4:57am
Quoting Barny
I afraid to say I also only have data back to 1987!! but if I did have data back to 1980 I don't see how this would produce such fine intra numbers for 3 buys and 3 sells!
Ok then i have this
Attached Image (click to enlarge)
Click to Enlarge Name: Crystal_Ball.jpg Size: 69 KB
  • #124,176
  • Mar 2, 2009 5:07am Mar 2, 2009 5:07am
Quoting Abuawad
Here what i have
Many thanks Abu. I can add your fib extension figures from 1980, manually. The only thing I cannot do without the start and end points on my chart is add the Fibo Fans. I will try to expand your thumbnail chart and extrapolate the lines from Dec 1988 to today.
  • #124,177
  • Mar 2, 2009 5:10am Mar 2, 2009 5:10am
Quoting Barny
I afraid to say I also only have data back to 1987!! but if I did have data back to 1980 I don't see how this would produce such fine intra numbers for 3 buys and 3 sells!
See above post !

Btw you can learn, repeat and repeat again to make yourown platform based on fibo fan untill proven it works fine for you !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #124,178
  • Mar 2, 2009 5:17am Mar 2, 2009 5:17am
Quoting manize
I hope down untill 1.4055 where I will long at that level if any trigger to reverse up shown !

Please be remind, Abuawad platform always advices put SL - 56 pips ! I am sure you know what should do if you've already got some nice green pips !

thanks bro...i baby pip..i left @ 1.4160...with 44pips

not greedy

we will vote for Abu to rule the world after Obama
  • #124,179
  • Mar 2, 2009 5:20am Mar 2, 2009 5:20am
Quoting alfamichi
thanks bro...i baby pip..i left @ 1.4160...with 44pips

not greedy

we will vote for Abu to rule the world after Obama

thanks, not interesting in that position
  • #124,180
  • Mar 2, 2009 5:21am Mar 2, 2009 5:21am
Quoting alfamichi
thanks bro...i baby pip..i left @ 1.4160...with 44pips

not greedy

we will vote for Abu to rule the world after Obama
Offcourse for the KING of U F K ( United Forex Kingdom) !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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