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Cable Update (GBPUSD)

  • #141,661
  • Jul 1, 2009 6:14am Jul 1, 2009 6:14am
for me i look for 1.6503 at 30H to be Break for bullshit toward to 1.6563
  • #141,662
  • Jul 1, 2009 6:15am Jul 1, 2009 6:15am
i can grant you guys with a train trip to 1.6536 but beyond that you are on your own, cause beyond that the women are in control and i am not going there
  • #141,663
  • Jul 1, 2009 6:16am Jul 1, 2009 6:16am
I know it doesnt look like one, but that is a morning star there on the 4 Hr.

Ne
Quoting Nene
Maybe I am missing something, but the last I looked the 4 Hr trend was UP.
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  • #141,664
  • Jul 1, 2009 6:18am Jul 1, 2009 6:18am
Yea, the Daily pivot will be a tough nut. But news is on the horizon.

NE

Quoting forexlion
i can grant you guys with a train trip to 1.6536 but beyond that you are on your own, cause beyond that the women are in control and i am not going there
  • #141,665
  • Jul 1, 2009 6:19am Jul 1, 2009 6:19am
nene = jim?
Thank You
  • #141,666
  • Jul 1, 2009 6:20am Jul 1, 2009 6:20am
You determine trends based on the indicator you are using, from my end here, Laguerre indicator on 4hrs is still trending down. thats why i said 4hrs is still on sell trend. but you know any thing can happen
i have tried to start trades with a trend, now i prefer to follow the trend
  • #141,667
  • Jul 1, 2009 6:23am Jul 1, 2009 6:23am
Hi, My name is Mike, what is yours. Why do you call me Jim?

NE

Quoting wormboy
nene = jim?
  • #141,668
  • Jul 1, 2009 6:23am Jul 1, 2009 6:23am
Time to long? TP 6628 achivable?
Great Bodies are Engineered not Born
  • #141,669
  • Jul 1, 2009 6:23am Jul 1, 2009 6:23am
Time to buy.... dame it hate it when that happens, when I'm in the right direction than I change. Not to worry, such as life...

Buy @ 1.6505..... SL 1.6360.....TP open
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #141,670
  • Jul 1, 2009 6:23am Jul 1, 2009 6:23am
Going to test 6600 again
  • #141,671
  • Jul 1, 2009 6:24am Jul 1, 2009 6:24am
I put the 100 MA on the chart and if the price is above is up and below its short.

Ne

Quoting jereajali
You determine trends based on the indicator you are using, from my end here, Laguerre indicator on 4hrs is still trending down. thats why i said 4hrs is still on sell trend. but you know any thing can happen
  • #141,672
  • Jul 1, 2009 6:25am Jul 1, 2009 6:25am
Modern Trading Technique:

 

  1. Find a confirmed trade setup on 1 hour chart
  2. Find a proper entry on 1 min chart and place trades
  3. I entered 20 trades of 10 lots each
  4. I put trailing stop of 5 pips or 50 pips on fxpro server


Now:

 

  1. As the trade moves the trailing stop follows and books profit each time one of the stops is hit


Precaution:

 

  1. Your trade setup on 1 hour must be a solid one with proper confirmation, else close out before this method makes you naked.

Attached Image (click to enlarge)
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  • #141,673
  • Jul 1, 2009 6:25am Jul 1, 2009 6:25am
i go long from 1.6507 TP open as Bull said
  • #141,674
  • Jul 1, 2009 6:26am Jul 1, 2009 6:26am
Love to see a Blow by on this Daily pivot, Just tip your hat and say excuse me Ma'am...LOL
  • #141,675
  • Jul 1, 2009 6:26am Jul 1, 2009 6:26am
Looking at 6540~60 for a short. I feel she has more attraction going south !! Let's see..
Attached Image (click to enlarge)
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  • #141,676
  • Jul 1, 2009 6:27am Jul 1, 2009 6:27am
Quoting wormboy
nene = jim?
bro we both are out from our yesterday trade what is next but i got hit small SL of new trade but its ok its a part of trading...please update when you enter again

Ub
  • #141,677
  • Jul 1, 2009 6:27am Jul 1, 2009 6:27am
Quoting wormboy
nene = jim?
nene = no no ohhhh no j/k
  • #141,678
  • Jul 1, 2009 6:28am Jul 1, 2009 6:28am
Quoting errich fx
I m open buy too

---------------

S + R = $$$

.
Great support, great price action, and great correlation by with EUR

bagged 50 pips in less 30 min

S + R = $$$

.
  • #141,679
  • Jul 1, 2009 6:30am Jul 1, 2009 6:30am
Quoting forexlion
Modern Trading Technique:

 

  1. Find a confirmed trade setup on 1 hour chart
  2. Find a proper entry on 1 min chart and place trades
  3. I entered 20 trades of 10 lots each
  4. I put trailing stop of 5 pips or 50 pips on fxpro server


Now:

 

  1. As the trade moves the trailing stop follows and books profit each time one of the stops is hit


Precaution:

 

  1. Your trade setup on 1 hour must be a solid one with proper confirmation, else close out before this method makes you naked.

...

All SL's hit, nice profit booked

20 pips each = $204 per trade
  • #141,680
  • Jul 1, 2009 6:34am Jul 1, 2009 6:34am
Pulled 75% of my long at DPP. I believe we will break this but I will take the money off the table. If it breaks and then tests and holds back on top of the DPP, (1.6540 ) I will add my long again and trade to the top of the Daily triangle.

Ne

Quoting ubaidahsan
bro we both are out from our yesterday trade what is next but i got hit small SL of new trade but its ok its a part of trading...please update when you enter again

Ub
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