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Cable Update (GBPUSD)

  • #133,101
  • May 20, 2009 2:13am May 20, 2009 2:13am
https://addons.mozilla.org/en-US/firefox/addon/115
99% of Traders fail, so don't follow the herd
  • #133,102
  • May 20, 2009 2:15am May 20, 2009 2:15am
Quoting Marj
All these postings, it has to do this, it has to do that. The market does not have to do anything.

The lottery comment was to point this out but then I felt it was not really a constructive comment, but thinking about it....it is. Never trade hoping accept the possible loss before you trade and keep a close eye on your account never adjust a stop and if in doubt stay out or pull out....
Agree..
Please see my above post about my view about stoch on 15 minutes..
Thanks..
ABCD..
  • #133,103
  • May 20, 2009 2:18am May 20, 2009 2:18am
Last Resistance still waiting to break....

Attached Image (click to enlarge)
Click to Enlarge Name: duno.gif Size: 22 KB


North or South ? duno only time and price will decide.
  • #133,104
  • May 20, 2009 2:22am May 20, 2009 2:22am
Quoting biax
Last Resistance still waiting to break....

Attachment

North or South ? duno only time and price will decide.
I will not go long at this pair since my 1H and daily trend lines have their upper trendlines. Only a break above it would take the pair further north but seems to me that for the remainder of the day i will look for a shot setup to happen. This might not happen before the American session.
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  • #133,105
  • May 20, 2009 2:29am May 20, 2009 2:29am
Quoting Galatasaray
I will not go long at this pair since my 1H and daily trend lines have their upper trendlines. Only a break above it would take the pair further north but seems to me that for the remainder of the day i will look for a shot setup to happen. This might not happen before the American session.
Yeah your BB and your trendline in the upper area, it's not good to North.

Btw, your BB how much value Bandpriode?
  • #133,106
  • May 20, 2009 2:30am May 20, 2009 2:30am
Quoting Marj
All these postings, it has to do this, it has to do that. The market does not have to do anything.

The lottery comment was to point this out but then I felt it was not really a constructive comment, but thinking about it....it is. Never trade hoping accept the possible loss before you trade and keep a close eye on your account never adjust a stop and if in doubt stay out or pull out....
Very good
Many "traders" overemphasize on TA with the main aim of outthinking the market instead of managing risk.
And don't worry, sarcastically, your comment was constructive. Only the gamblers at this thread will feel the pinch from your remarks my friend, so keep em coming lol.
Thank You
  • #133,107
  • May 20, 2009 2:32am May 20, 2009 2:32am
Quoting sweetaction
https://addons.mozilla.org/en-US/firefox/addon/115

Thanks
  • #133,108
  • May 20, 2009 2:33am May 20, 2009 2:33am
no probs FF is unreal so much good stuff for it
99% of Traders fail, so don't follow the herd
  • #133,109
  • May 20, 2009 2:36am May 20, 2009 2:36am
Quoting biax
Yeah your BB and your trendline in the upper area, it's not good to North.

Btw, your BB how much value Bandpriode?
hey there. sorry i was at lunch and could not respond sooner.
I use 20 for my BB. and yeah as you can see its not safe to go north. However this never means it wont. Trendlines get broken eventually.
But i would not go long.
  • #133,110
  • May 20, 2009 2:39am May 20, 2009 2:39am
So where will cable go next? any idea.
  • #133,111
  • May 20, 2009 2:41am May 20, 2009 2:41am
Quoting arif_endro
So where will cable go next? any idea.
for me its hard to say it now. As i said earlier i dont find it safe to go north, but there is no bearish setup as well. Perhaps later in the American session i can have a better setup.
  • #133,112
  • May 20, 2009 2:45am May 20, 2009 2:45am
Quoting sweetaction
https://addons.mozilla.org/en-US/firefox/addon/115
good add on, i use it to refresh my calendar page too
  • #133,113
  • May 20, 2009 2:50am May 20, 2009 2:50am
cable smells like a bull trap to me. i mean it broke a flag on 4h but didnt shoot straight up like it always does, but instead meander around.
  • #133,114
  • May 20, 2009 2:51am May 20, 2009 2:51am
Quoting nooblaster
cable smells like a bull trap to me. i mean it broke a flag on 4h but didnt shoot straight up like it always does, but instead meander around.
agreed.
  • #133,115
  • May 20, 2009 2:52am May 20, 2009 2:52am
Quoting Galatasaray
hey there. sorry i was at lunch and could not respond sooner.
I use 20 for my BB. and yeah as you can see its not safe to go north. However this never means it wont. Trendlines get broken eventually.
But i would not go long.
thank you

I'm using 24 BB with deviation 2 in H1 chart..

Enjoy Your Meal
  • #133,116
  • May 20, 2009 2:56am May 20, 2009 2:56am
Quoting nooblaster
cable smells like a bull trap to me. i mean it broke a flag on 4h but didnt shoot straight up like it always does, but instead meander around.
if this 30 minute can show bullish signs then breakout of this range can happen.....it nuts thou, id have expected this to shoot up....may be a sign of bear strength
  • #133,117
  • May 20, 2009 3:03am May 20, 2009 3:03am
Quoting sweetaction
no probs FF is unreal so much good stuff for it
Absolutely. Plenty of Idiots still using IE
  • #133,118
  • May 20, 2009 3:05am May 20, 2009 3:05am
Quoting nAVIN2007
if this 30 minute can show bullish signs then breakout of this range can happen.....it nuts thou, id have expected this to shoot up....may be a sign of bear strength
Nav its resistance @ 1.5540, I'm looking to buy @ 1.5480 and close shop on short. Whats concerning me is that the CHF and EUR is in buy signal, leading me to change my mind about short.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #133,119
  • May 20, 2009 3:09am May 20, 2009 3:09am
Cable is doing nothing today
  • #133,120
  • May 20, 2009 3:11am May 20, 2009 3:11am
Quoting Bull_Bear
Nav its resistance @ 1.5540, I'm looking to buy @ 1.5480 and close shop on short. Whats concerning me is that the CHF and EUR is in buy signal, leading me to change my mind about short.
this is what im seeing.....
breakout of the wedge. swissy is moving down, larger time frames on cable bullish and macd neutralization in favor

it risky for sure.. but it what i seeing happening here
i should have used a pending order or tighter handcuffs
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