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Cable Update (GBPUSD)

  • #143,501
  • Jul 7, 2009 6:46am Jul 7, 2009 6:46am
POW. here we go here we go here we go...
  • #143,502
  • Jul 7, 2009 6:46am Jul 7, 2009 6:46am
..but the way i say GU..1.63-1.64 is on the way...am not putting any new entry...just will be back in 2 hrs and see how...perhaps my H4 38.2%-50% sell limit will be hit soon...

Check ur M15/H1....Good luck to all
  • #143,503
  • Jul 7, 2009 6:47am Jul 7, 2009 6:47am
placed a buy entry order at 6243 .. wait for a fill and see what happens

only about 15-20 pip stop
  • #143,504
  • Jul 7, 2009 6:48am Jul 7, 2009 6:48am
Quoting grashid
..but the way i say GU..1.63-1.64 is on the way...am not putting any new entry...just will be back in 2 hrs and see how...perhaps my H4 38.2%-50% sell limit will be hit soon...

Check ur M15/H1....Good luck to all
euro back above 1.4 so we might see some up in cable.

im waiting for a re-test of the daily pivot to get long
  • #143,505
  • Jul 7, 2009 6:49am Jul 7, 2009 6:49am
Quoting grashid
..but the way i say GU..1.63-1.64 is on the way...am not putting any new entry...just will be back in 2 hrs and see how...perhaps my H4 38.2%-50% sell limit will be hit soon...

Check ur M15/H1....Good luck to all
if we clear 6300/30 nicely, then 6430 (daily 38.2% fib) is next
  • #143,506
  • Jul 7, 2009 6:53am Jul 7, 2009 6:53am
Quoting Bull_Bear
1.6380 is my target on the long side. Made +80pips on the way up..... reversed at 1.6190..... loss -66pips.

NOW holding long @ 1.6256.... SL 1.6180..... TP 1.6380

Seeya all at the London Session.
Ok took another hit -76pips this morning......

Shorting @ 1.6250..... SL 1.6320.... TP open
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,507
  • Jul 7, 2009 6:54am Jul 7, 2009 6:54am
based on the pivots theory .. since the low today was at daily S1, the highe should be at daily R1 (6388). usually happens on non news days since they are purely technical

we'll see, thats if we are bullish now .. im still waiting for my trade to fill
  • #143,508
  • Jul 7, 2009 6:55am Jul 7, 2009 6:55am
Quoting jack.canadia
you have meta trader right
.....Er no! Although I'm in the process of trying to find out how I can get it.
  • #143,509
  • Jul 7, 2009 6:56am Jul 7, 2009 6:56am
Well i have the gan at 1.6260 and 55ema is at 1.6270 on the hourly. i think a close above that and we will have a bulish new york sesion.
  • #143,510
  • Jul 7, 2009 6:58am Jul 7, 2009 6:58am
Quoting jack.canadia
currently flirting with the daily pivot and under the daily pivot i said i am bearish, above bullish .. lets see if 6238 breaks ..
Hi Jack , may i ask u which mt4 are u using , your pivots seem so accurute despite mine thanks
  • #143,511
  • Jul 7, 2009 6:58am Jul 7, 2009 6:58am
Quoting Macedonia
Well i have the gan at 1.6260 and 55ema is at 1.6270 on the hourly. i think a close above that and we will have a bulish new york sesion.
stocks will lead the way too
  • #143,512
  • Jul 7, 2009 6:59am Jul 7, 2009 6:59am
Quoting fxshinobi
Hi Jack , may i ask u which mt4 are u using , your pivots seem so accurute despite mine thanks
you need to calibrate them to 00:00 GMT

i use MT4 from Forex Ltd.

there time is set purely to GMT with no offset.

you need to figure out what time your brokers mt4 is in, convert it to GMT and then figure out what 00:00 gmt is on your mt4 and set your pivots to that
  • #143,513
  • Jul 7, 2009 7:01am Jul 7, 2009 7:01am
Quoting jack.canadia
stocks will lead the way too
Hey Jack wots doin mate? You on bull or Bear side today my friend?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,514
  • Jul 7, 2009 7:03am Jul 7, 2009 7:03am
h4 shows piercing lines up movement ?
  • #143,515
  • Jul 7, 2009 7:03am Jul 7, 2009 7:03am
Quoting Bull_Bear
Hey Jack wots doin mate? You on bull or Bear side today my friend?
stocks will make it a bit clearer .. and also depends for me what price does about the daily pivot (6238)
  • #143,516
  • Jul 7, 2009 7:03am Jul 7, 2009 7:03am
Quoting jack.canadia
you need to calibrate them to 00:00 GMT

i use MT4 from Forex Ltd.

there time is set purely to GMT with no offset.

you need to figure out what time your brokers mt4 is in, convert it to GMT and then figure out what 00:00 gmt is on your mt4 and set your pivots to that
Ok , thanks
  • #143,517
  • Jul 7, 2009 7:10am Jul 7, 2009 7:10am
Morning Jack, WB...

How go the trades?
Ghost Rider - WWTBMD?
  • #143,518
  • Jul 7, 2009 7:10am Jul 7, 2009 7:10am
Quoting jack.canadia
stocks will make it a bit clearer .. and also depends for me what price does about the daily pivot (6238)
Yeah range market is hard to pick, but I've taken short side...... so lets hope it goes below the pivot and stays below
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,519
  • Jul 7, 2009 7:15am Jul 7, 2009 7:15am
Quoting albchr
Morning Jack, WB...

How go the trades?
2 winners short overnight

waiting for some direction then ill go from there
  • #143,520
  • Jul 7, 2009 7:17am Jul 7, 2009 7:17am
Quoting jack.canadia
2 winners short overnight

waiting for some direction then ill go from there
oh long at 6243 i forgot lol 20 Sl
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