Cable Update (GBPUSD)

I realy miss cable update.. what happen with some page full of conflict? can anyone, clear this situation or create new thread for your problem..

peace..

right for what it is worth...my analysis

i agree tony weekly is bullish and dailly is a bit concerning but im thinking the upper trendline is tested 1.44 touched and buyer entered the market (4hr confirm this) and 4hr appear to be bullish off the support

will post charts...goodluck guys

i think the point for beginners is: almost all technical chartist if we can all ourselves this are able to plan a trade with descent thought..but trading the actual plan is a different story despite knowing, because of emotions

i certainly cant as of yet and requires development of one self which doesnt come over night.

in a nutshell without boring the pants of every1..."theres no easy money" and NEEDED to realise absolutely any1 can lose money in trading..."theres no holly grail"

I personally think if your a descent individual and yur trading with other peoples money...trading may actually be more difficult as yur playing with others money..so if any1 use someone to mange account make sure they know there sh*t

anyways good weekend all

4 hr..

weekly..

looks bullish like a mofo you crack me me up Nav.
Make no mistake its the $ thats done the work this week ,after a bearish top on the USDX ,only we now have a daily bullish set up ,but I was thinking it is not hugely bullish.Overall I would expect the rising Tl to be tested a bit lower down.
So If the Usdx is to rise early in the week that would help with our daily cable harami.

http://www.alpari-forex.com/en/condi...rtner_id=58054
















408851842009.03.19 15:01sell0.10gbpusd1.449210.000001.444602009.03.19 15:021.448630.000.000.005.80 408853612009.03.19 15:03buy0.10gbpusd1.448631.438331.452862009.03.19 15:091.448700.000.000.000.70 408861102009.03.19 15:10sell0.10gbpusd1.448511.468591.428542009.03.19 16:051.456460.000.000.00-79.50 408929912009.03.19 15:58sell1.00gbpusd1.457501.467261.455392009.03.19 16:051.456640.000.000.0086.00 408949812009.03.19 16:11sell0.10gbpusd1.457111.466991.455092009.03.19 16:121.456390.000.000.007.20 408954682009.03.19 16:15sell0.10gbpusd1.458311.468441.456442009.03.19 16:201.457910.000.000.004.00 408957102009.03.19 16:16sell1.00gbpusd1.459351.469411.457592009.03.19 16:191.457590.000.000.00176.00 [tp] 408975752009.03.19 16:27sell1.00gbpusd1.458961.469041.456422009.03.19 16:321.456420.000.000.00254.00 [tp] 409882872009.03.20 16:37buy1.00gbpusd1.442271.420611.445602009.03.20 16:591.443980.000.000.00171.00 409900892009.03.20 17:00buy1.00gbpusd1.442860.000000.000002009.03.20 17:001.443000.000.000.0014.00 409904502009.03.20 17:04sell0.10gbpusd1.444961.465341.440342009.03.20 17:061.444240.000.000.007.20 409918822009.03.20 17:21sell0.10gbpusd1.448111.468141.443092009.03.20 17:301.446930.000.000.0011.80 409928942009.03.20 17:36buy0.10gbpusd1.445361.424911.449912009.03.20 17:391.445660.000.000.003.00 409931342009.03.20 17:40buy0.10gbpusd1.444941.425161.450162009.03.20 17:531.446940.000.000.0020.00 409950202009.03.20 18:03sell0.10gbpusd1.448761.468271.445282009.03.20 18:041.446850.000.000.0019.10 409953022009.03.20 18:07sell limit0.10gbpusd1.449900.000000.000002009.03.20 18:091.44909cancelled 409954212009.03.20 18:09sell0.10gbpusd1.449101.469291.447292009.03.20 18:181.447290.000.000.0018.10 [tp] 409974832009.03.20 18:43buy0.10gbpusd1.444540.000000.000002009.03.20 18:461.445660.000.000.0011.20 409981852009.03.20 18:56buy0.10gbpusd1.445241.425251.450222009.03.20 18:561.446130.000.000.008.90 409983452009.03.20 18:58buy0.10gbpusd1.446130.000000.000002009.03.20 18:581.446130.000.000.000.00 409983852009.03.20 18:58buy0.10gbpusd1.445941.425911.450862009.03.20 19:121.442970.000.000.00-29.70 409990452009.03.20 19:10buy1.00gbpusd1.442691.422671.444672009.03.20 19:121.443210.000.000.0052.00 409993582009.03.20 19:16buy0.10gbpusd1.443361.423081.445082009.03.20 20:041.444610.000.000.0012.50 410032402009.03.20 20:45buy0.10gbpusd1.443451.423291.445252009.03.20 20:521.443890.000.000.004.40 410056182009.03.20 21:54sell0.10gbpusd1.445570.000001.444302009.03.20 21:581.446630.000.000.00-10.60 410057042009.03.20 21:57buy0.20gbpusd1.446530.000000.000002009.03.20 21:571.446820.000.000.005.80 410057602009.03.20 21:58sell0.20gbpusd1.447200.000001.445302009.03.20 21:581.446740.000.000.009.20 410057912009.03.20 21:58buy0.20gbpusd1.446430.000001.447912009.03.20 21:591.446240.000.000.00-3.80 0.00 0.00 5.61 9 544.00 Closed P/L: 9 549.61 Open Trades: TicketOpen TimeTypeSizeItem PriceS / LT / P PriceCommissionTaxesSwapProfit No transactions 0.00 0.00 0.00 0.00 Floating P/L: 0.00 Working Orders: TicketOpen TimeTypeSizeItem PriceS / LT / PMarket Price 409014222009.03.19 16:50sell limit0.10gbpusd1.462901.482901.45290 1.44636
Summary: Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00 Closed Trade P/L: 9 549.61 Floating P/L: 0.00 Margin: 0.00 Balance: 12 549.61 Equity: 12 549.61 Free Margin: 12 549.61 Details: [IMG]file:///C:/Documents%20and%20Settings/me/%D0%9C%D0%BE%D0%B8%20%D0%B4%D0%BE%D0%BA%D1%83%D0%BC%D0%B5%D0%BD%D1%82%D1%8B/DetailedStatement220309.gif[/IMG] Gross Profit: 16 168.30 Gross Loss: 6 618.69 Total Net Profit: 9 549.61 Profit Factor: 2.44 Expected Payoff: 18.22 Absolute Drawdown: 0.00 Maximal Drawdown: 2 404.09 (24.12%) Relative Drawdown: 24.12% (2 404.09) Total Trades: 524 Short Positions (won %): 201 (87.56%) Long Positions (won %): 323 (80.50%) Profit Trades (% of total): 436 (83.21%) Loss trades (% of total): 88 (16.79%) Largest profit trade: 2 120.00 loss trade: -1 845.09 Average profit trade: 37.08 loss trade: -75.21 Maximum consecutive wins ($): 68 (3 363.76) consecutive losses ($): 6 (-1 730.42) Maximal consecutive profit (count): 3 694.00 (12) consecutive loss (count): -2 404.09 (4) Average consecutive wins: 8 consecutive loss

Overall, the GU broke the Daily RED TL.

The break of bullish zone at 1.5000 is the confirmation that the 1.3500 is the bottom and PA continues to the next fib level at 38.2% 1.6000 zone.

TA:

The overall Daily RED TL broken
The BB Macd is bullish (above the blue bollinger band)
The linear regression line is heading upward.

Trade the charts..

Hi again Rgitt

Sorry mate but I disagree again!!!

http://www.forexfactory.com/showpost...stcount=166814

For everyone and anyone who is looking for someone to trade their accounts or looking for a managed account in any capacity

If you must then

let me give you some simple words of advise

ask them for an investor password to a LIVE account they are trading

watch them for a min of 30 days to see how they trade

then if you feel you can trust them...go for it

if they cannot provide at a bare min 3 months of LIVE records then save your money

LIVE is the key here folks.............anyone can trade a demo profitable.......anyone

you have been warned so no more excuses

to those that are offering in here to trade for others

put up or shut up your live results and an investor password to prove live peformance



This will end all the BS and questions................prove it to these people you can trade

every account has an investor password (read only )

Time will tell. Remember I am trading off the higher TF so it usually take longer to playout..

Good Luck..

Trade your charts.

Head and shoulder forming possibly on 4 hour chart

lol, circus hadn't left town. what a joke this thread has turn to.
anyway, good to see some of us are still interested in trading
this was what I posted a couple of days back & for the time being I'm going to stick to the plan. Until my charts prove me wrong.

1.http://www.forexfactory.com/showpost...&postcount=470

2. http://www.forexfactory.com/showpost...&postcount=529

Okay, off to bed. Need to wake up for asian session. Gnite & good luck everyone

What is there to disagree? I am only forecasting the long term view if the upper bullish zone is broken..I didn't call any trades..Anyway, I am a swing trader so my objective is to catch the big runs...

Trade your charts..

Hey buddy
Thank you very much for your the remarks. I am in awe by your grasp in deep philosophical thinking and fluency in expression……. .You indicated that you are a “from phycologycal university (doctor)” Let me guess maybe you are a Psychologist/doctor ?, a proctologist? a sexo-pathologist? Have you ever done a PR to a female and found a prostate? ……..

As you claimed ,you are adept in parenting. You must be knowing there are styles of parenting such as Authoritarian, permissive, authoritative etc….. I belief very much authoritative concept….I discuss things with my children …..they very much see me as a friend/the father not only the father. I think this point of time I will pass your offer for psychological advice as I am not sure maybe you are a proctologist

From your remarks I could see you talk about millions……… for me I wish I had million cents now…….. For me money is not the thing…….only .money will never bring happiness……..in my world there are many other things I admire and respect more.

Recently I had a surgery and love of my family ,relatives and friends and the things I have done carried me through very difficult time and without money I came through.

I consider my self a human being servant of society . When I had a job in my native poor third world country…….I was able to take care of people in critical care setting……. I never carried labels as you carry a big board on your head called “Doctor”
But I know I saved lives and was lucky to have had that opportunity.


Our communication now going off the purpose of the thread. Please don’t talk about my children . You can throw all the names you have in your vocabulary at me, as it will not hurt me. I know empty vessels make lot of noise.

It is not good to disturb the silence of this thread with off topic discussions….These people in this thread share there insight ,experience and we all learn from their ultraistic endeavor.
So for the last time let me put you on ignore you Sir.

Hey all, new in here. Been trading for a few months live now and just trying to grasp how everyone is doing? Not trading big money, just a mini account, but I must say I would love to get good enough to do this for a living. I don't use many technical indicators, just follow the news and market openning to try and get my pips. I started out as we all probably did, then let emotions get involved and was risking too much. Since then I am trying to stick to my original plan getting back into it slowly. I've seen some good scalping numbers posted on here and wondering if anyone has some advice, or not to do's with scalping?

Hi Friend......
I was doing Mini after loses with GBP/JPY truened to Micro ......I mainly now trade EU/JPY ,AUD/$ and little bit of GBP/$,EU/$......I mainly use fibs, linear regressions, standrd deviations.....and price abberations too........scalp with 50EMA/15Mchart .........

check this out ............

I agree with you. I am looking to short tonight into tomorrow/tuesday. This run seems to have found nice resistance at near 4600. 4400 is key for support now as well, so any short will have to be watched closely.

For the short, I want to get in between 4490/4520 (fib zones) and then target 4400 and 4350.

Then I am looking to buy in the white area on the chart. It may look messy, it's quite clean if you ask me . We hit resistance and a trendline according to your chart, but that higher swing low sticks out like a sore thumb.

If my plan to buy plays out and price can get through 1.46 Im going to hold on for 1.5000 then the daily 200 EMA near 5900.

This plan makes a lot of sense to me Im currently closed out and flat looking for buy entries in the same place as you. I will however be keeping a close eye on £ sentiment as this could deteriorate pretty rapidly, esp if the footsie resumes its slide in the next week. good luck and catch you all in the london session!

Which FTSE do you look at? I've only watched the DJIA since I trade during NY session.

Would you suggest any other indicies to watch while trading G/U? It seems like if FTSE is up, GBP is up and vice versa? DJIA and the USD have been inversely correlated for sometime now.

Not so sure I have seen better charts for a Soft Hedge....

I am long on GU, GJ and short on EU, EJ....

With tops on EJ, EU, and mind range on GJ, GU and EG about maxed, I think I should profit on all trades.

Double lots, Long GJ, GU, shorts EJ, EU....

Looking for the long bomb on EG, and to take min on this week +200 min on all trades.

GL all!