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Cable Update (GBPUSD)

  • #147,141
  • Jul 17, 2009 2:38am Jul 17, 2009 2:38am
Quoting forexlion
minimum retrace to 6360 should happen but i will not risk it, with obvious 4 hour trend
4H is closing in about 20 min, we'll be a lot smarter then..
  • #147,142
  • Jul 17, 2009 2:44am Jul 17, 2009 2:44am
Quoting Instinct
4H is closing in about 20 min, we'll be a lot smarter then..
i need to find that time to next bar indicator, should be on ff somewhere


gotcha

---------
datetime mm, ss;
mm=Time[0]+Period()*60-CurTime();
ss=mm%60;
mm=(mm-mm%60)/60;

Comment("Minutes for next bar : "+mm);
  • #147,143
  • Jul 17, 2009 2:45am Jul 17, 2009 2:45am
today i trade based on demark indicator which i found in this thread
so far so good..my next TP will be 1.6245
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  • #147,144
  • Jul 17, 2009 2:47am Jul 17, 2009 2:47am
Quoting forexlion
i need to find that time to next bar indicator, should be on ff somewhere
...
Attached File(s)
File Type: ex4 EJ_CandleTime.ex4   2 KB | 314 downloads
File Type: mq4 EJ_CandleTime.mq4   2 KB | 343 downloads
  • #147,145
  • Jul 17, 2009 2:51am Jul 17, 2009 2:51am
Pound is getting weak make E/G up gave me good trading range.


Angel.
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  • #147,146
  • Jul 17, 2009 2:52am Jul 17, 2009 2:52am
Quoting i1tolearn
today i trade based on demark indicator which i found in this thread
so far so good..my next TP will be 1.6245

Just be careful as different time frames will give you different targets.

Check that on a 4H to see what I mean....
Ghost Rider - WWTBMD?
  • #147,147
  • Jul 17, 2009 2:56am Jul 17, 2009 2:56am
Quoting wormboy
Hi.

The 200 mentioned here is towards 6220 support.
http://www.forexfactory.com/showpost...stcount=147053

Good luck buddy
..thin so? have to check my charts...

..good luck to you also..
..think to close my positions with nice pofit..hate to live it thru the weekend...w'll see
  • #147,148
  • Jul 17, 2009 3:03am Jul 17, 2009 3:03am
Hi

Could you share where can i find the Demark indicator, please

Many thx,
london trader

Quoting i1tolearn
today i trade based on demark indicator which i found in this thread
so far so good..my next TP will be 1.6245
Discomfort and profit often stand side by side
  • #147,149
  • Jul 17, 2009 3:04am Jul 17, 2009 3:04am
if she retrace back to 6365 I prob short again.

I think first support around 6265 area.

Angel.
  • #147,150
  • Jul 17, 2009 3:05am Jul 17, 2009 3:05am
Quoting albchr
Just be careful as different time frames will give you different targets.

Check that on a 4H to see what I mean....
Thank you. I adjust my TP above that price & put sell stop below it.
  • #147,151
  • Jul 17, 2009 3:07am Jul 17, 2009 3:07am
Quoting albchr
I know, I was just trying to keep my promise to BB....
Hey AL, I guess she had a big dump...... oh well Break even is better than losing. Not in trade now buddy but looking to go south on the retrace.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #147,152
  • Jul 17, 2009 3:10am Jul 17, 2009 3:10am
Quoting Bull_Bear
Hey AL, I guess she had a big dump...... oh well Break even is better than losing. Not in trade now buddy but looking to go south on the retrace.
Morning all,

I'm looking for a retrace upto 1.63, witha short target of 1.6240.
  • #147,153
  • Jul 17, 2009 3:11am Jul 17, 2009 3:11am
I belive we'll see 6240, 6230 is a resistance..
  • #147,154
  • Jul 17, 2009 3:13am Jul 17, 2009 3:13am
strange PA, 1h 4h closes under 6300, but there is no awaited fall and it doesn't get close to 6270? Deutche bank writes of a big base call suspect in 628ties, could this be a bear trap??
  • #147,155
  • Jul 17, 2009 3:14am Jul 17, 2009 3:14am
Quoting Instinct
I belive we'll see 6240, 6230 is a resistance..
1.6240 is a lovely rejection level on 30M though

(on the 1H you're bang on at 6230)
  • #147,156
  • Jul 17, 2009 3:15am Jul 17, 2009 3:15am
Quoting Bull_Bear
Hey AL, I guess she had a big dump...... oh well Break even is better than losing. Not in trade now buddy but looking to go south on the retrace.
i dont wanna confuse people but this scenero may well playout..pullback to wedge

gonna be a waiting game now
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  • #147,157
  • Jul 17, 2009 3:17am Jul 17, 2009 3:17am
Quoting Bull_Bear
Hey AL, I guess she had a big dump...... oh well Break even is better than losing. Not in trade now buddy but looking to go south on the retrace.
Yeah, sometimes my "gut" is the best indicator I have....LOL

I'm also looking to add on the retrace. Have pending at 6315 right now.

Best of luck my freind...
Ghost Rider - WWTBMD?
  • #147,158
  • Jul 17, 2009 3:18am Jul 17, 2009 3:18am
Quoting Endrju
strange PA, 1h 4h closes under 6300, but there is no awaited fall and it doesn't get close to 6270? Deutche bank writes of a big base call suspect in 628ties, could this be a bear trap??
Maybe. It's fallen some way already however so was due a breather. I would have expected stronger supply at 1.63 but it didn't really happen so personally i'm still on for 1.624.
  • #147,159
  • Jul 17, 2009 3:18am Jul 17, 2009 3:18am
Quoting Endrju
strange PA, 1h 4h closes under 6300, but there is no awaited fall and it doesn't get close to 6270? Deutche bank writes of a big base call suspect in 628ties, could this be a bear trap??
  • #147,160
  • Jul 17, 2009 3:19am Jul 17, 2009 3:19am
small retrace 6287 to 6307( could get up to 6350 area) 20pips
wait for short ......

Angel.
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