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Cable Update (GBPUSD)

  • #125,181
  • Mar 5, 2009 7:02pm Mar 5, 2009 7:02pm
Quoting Bene
thank you so much. Yes i will respect what you said. thank you again. Much appreciated

Bene ( french girl trader )
I am more then sure you already know not to play against the trend. If you pull your 5m on GU now, you can see we are obviously in an uptrending motion. We are still above the go short line, what we will expect to see to continue this trend, is for the price to fall near the short line, if not just cross over it...if the price crosses and closes below the short line on this chart, we can assume that we have more play to the south...heres where time comes in...volume and movement will drop off over the next 5 or so hours, so, entering in right now..not a good move....price may not fall back, making shorts dangerous, and going long now with the sideways evening trading coming, all could turn and reverse over the course of time...play the way you normally would, especially if you have other indies confirming...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,182
  • Mar 5, 2009 7:05pm Mar 5, 2009 7:05pm
Quoting biax
if cannot break deviation level 1 in daily, i will take short... waiting˛


Attachment
Id say a short is a possible play right now...osma bout to go sub zero, trend cycle down and price below 8MA 5m chart....

how much to expect?

Day like today, even I not gunna touch it....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,183
  • Mar 5, 2009 7:11pm Mar 5, 2009 7:11pm
Quoting Magix
Id say a short is a possible play right now...osma bout to go sub zero, trend cycle down and price below 8MA 5m chart....

how much to expect?

Day like today, even I not gunna touch it....
I know, it's friday @ asia, and much trader in this session with hedging style..

Just 10 - 20 pips. and now my Short touched with BEP +10.
  • #125,184
  • Mar 5, 2009 7:14pm Mar 5, 2009 7:14pm
Other question if i can :
More space you have between the " go short and go long " = more possibility good trades, correct ?
Opposite exemple if we watch the daily usd chf the space between the both is so small... what that means ?

Bene
  • #125,185
  • Mar 5, 2009 7:14pm Mar 5, 2009 7:14pm
Nice hunting.
  • #125,186
  • Mar 5, 2009 7:14pm Mar 5, 2009 7:14pm
Quoting biax
I know, it's friday @ asia, and much trader in this session with hedging style..

Just 10 - 20 pips. and now my Short touched with BEP +10.
1.4113 looks to be the bottom of the basket in a short cycle on an h1 chart here....FWIW...

Still elated with my EJ score, not about to muck it up and a silly short....will sit this dance out, wait for a prettier partner.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,187
  • Mar 5, 2009 7:17pm Mar 5, 2009 7:17pm
Quoting Bene
Other question if i can :
More space you have between the " go short and go long " = more possibility good trades, correct ?
Opposite exemple if we watch the daily usd chf the space between the both is so small... what that means ?

Bene
For the sake of not confusing or spamming the forum...can we take this to either a private chat or if you have MSN messenger, you can add me, [email protected]...or [email protected]...

Not sure I understand the question, but please feel free to ask me in a PM or on msn...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,188
  • Edited 9:32pm Mar 5, 2009 7:20pm | Edited 9:32pm
Quoting Magix
1.4113 looks to be the bottom of the basket in a short cycle on an h1 chart here....FWIW...

Still elated with my EJ score, not about to muck it up and a silly short....will sit this dance out, wait for a prettier partner.
hehehe yap, realy flat right now.. no more move..

bussssss... my PO to North, was hit, now add BEP+1 before my short just 16 pips
  • #125,189
  • Mar 5, 2009 8:19pm Mar 5, 2009 8:19pm
Quoting Bene
Other question if i can :
More space you have between the " go short and go long " = more possibility good trades, correct ?
Opposite exemple if we watch the daily usd chf the space between the both is so small... what that means ?

Bene

I have emailed you my charting tools and indicators, with a set of instructions. I put this together for a friend of mine a while back....My current charts are a little different, but this should give you an idea of the way I use this tool.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,190
  • Mar 5, 2009 9:27pm Mar 5, 2009 9:27pm
Quoting Forbes55
time to sell this thing

Hope your not on a short side....

Eeeeek...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,191
  • Mar 5, 2009 9:41pm Mar 5, 2009 9:41pm
Wouldn't closing the gap be a nice run for the longs?

Wishful thinking but anything possible...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,192
  • Mar 5, 2009 9:44pm Mar 5, 2009 9:44pm
Quoting Magix
Wouldn't closing the gap be a nice run for the longs?

Wishful thinking but anything possible...
you think? yes that would be nice!!
  • #125,193
  • Mar 5, 2009 9:48pm Mar 5, 2009 9:48pm
Quoting mcfx
you think? yes that would be nice!!
Won't hold my breath for it, but we only really 150 pips giver take away....

Current positions...

Long - cable, EU, AU
Short - USD/CAD
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,194
  • Mar 5, 2009 10:12pm Mar 5, 2009 10:12pm
Quoting Magix
I have emailed you my charting tools and indicators, with a set of instructions. I put this together for a friend of mine a while back....My current charts are a little different, but this should give you an idea of the way I use this tool.

Hi Magix, I'm also a newb...any chance I could also receive the same pls? My profile has my contact details. Thanks.
  • #125,195
  • Mar 5, 2009 10:57pm Mar 5, 2009 10:57pm
Quoting Parky
Hi Magix, I'm also a newb...any chance I could also receive the same pls? My profile has my contact details. Thanks.

Fire me off an email to [email protected], I will reply with the package. Caution should always be exercised on any new system, observe or trade with a demo account before going live. Try to understand the movement, and it will assist you in other plays as well..

Happy to share, all indicators are free, the template is just what I use for daily trades...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,196
  • Mar 5, 2009 11:02pm Mar 5, 2009 11:02pm
Quoting Magix
Fire me off an email to [email protected], I will reply with the package. Caution should always be exercised on any new system, observe or trade with a demo account before going live. Try to understand the movement, and it will assist you in other plays as well..

Happy to share, all indicators are free, the template is just what I use for daily trades...
hay magix, why u not share in this forum? many will love to see....
  • #125,197
  • Mar 5, 2009 11:04pm Mar 5, 2009 11:04pm
Morning guys
I bailed on the last trade call I made. Cut my losses and went out @4135, taking -19 red.
Good luck guys & trade safe!
Thank You
  • #125,198
  • Mar 5, 2009 11:05pm Mar 5, 2009 11:05pm
This is my platform today. Currently she moves closed to the short pressure area 1.4200 - 1.4327. I suspect she will able to go to the 1.4327 ( Higher High Res ), but around 1.4200 (Lower High Res) she will pull back down maks 40 - 50 pips ! Just only imho, I maybe wrong !
Attached Image (click to enlarge)
Click to Enlarge Name: 060309.gif Size: 60 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #125,199
  • Mar 5, 2009 11:08pm Mar 5, 2009 11:08pm
Quoting dashboard
hay magix, why u not share in this forum? many will love to see....

Tried to upload the file, the forum not set to accept .rar files....

Feel free to send me an email with request, easy to forward it, pass along if you see fit, discard it if you wish...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,200
  • Mar 5, 2009 11:10pm Mar 5, 2009 11:10pm
One of the things I used to do with stock traders was to set up chat rooms through yahoo...free service, and really helps pass the time, gets a few extra eyes on the plays and generally helped all of us.

Do you YAHOOOOOOOOOOOO?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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