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Cable Update (GBPUSD)

  • #149,581
  • Jul 22, 2009 7:28pm Jul 22, 2009 7:28pm
Quoting UncleSam123
I think I got it now

M1 only!!!


Notice the Dotted Envelope Range lines aswell, they work pretty well during choppy markets!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,582
  • Jul 22, 2009 7:31pm Jul 22, 2009 7:31pm
I wish you all the best bro!

May you get all the coke in the world and all the hookers in the world. Just make sure you dont teach a hooker how to trade forex

Quoting Turveyd
Self employeed programmer and no work on after this week really,...
Its all in the mind.
  • #149,583
  • Jul 22, 2009 7:38pm Jul 22, 2009 7:38pm
Hey brother so there should be signal alert right? Do I just stare at the charts and wait? lol
  • #149,584
  • Jul 22, 2009 7:41pm Jul 22, 2009 7:41pm
Coming back with the Darma Pivot

The last 15 days The Darma Pivot (black Line at 5pm eastern time) Give me 15 profitable entry. I show only the last 15 but there is more then the last 15 days.

If price stay under the Darma pivot for the next few minutes you go short if it stay above you go long. You just have to set a profit target I use daily and weekly pivot for profit target. Simple as that.

Jut want it to share the progress of this indicator from the last 2 week.
is not a lagging indicator.
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  • #149,585
  • Jul 22, 2009 7:42pm Jul 22, 2009 7:42pm
Quoting 5abi
I wish you all the best bro!

May you get all the coke in the world and all the hookers in the world. Just make sure you dont teach a hooker how to trade forex

Teaching a hooker in exchange for Forex teaching currently LOL

Okay I wish
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,586
  • Jul 22, 2009 7:44pm Jul 22, 2009 7:44pm
First profit target daily pivot at 6435. Second profit target 6400 next support level
  • #149,587
  • Jul 22, 2009 7:44pm Jul 22, 2009 7:44pm
Quoting UncleSam123
Hey brother so there should be signal alert right? Do I just stare at the charts and wait? lol

Wait for a Bleep or a Bong then look at the charts and think, shall I trade hmmm!! or Exit hmmm!!!

The bleeps are mainly to keep me awake.


I'll be working on some kinda " GO LONG HERE " Alert later I guess, but still decide manually to take it or not, not a EA totally Mechanical fan!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,588
  • Jul 22, 2009 7:46pm Jul 22, 2009 7:46pm
Wait for higher momentum market times though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,589
  • Jul 22, 2009 7:48pm Jul 22, 2009 7:48pm
I think I just heard something was like bax. I have lot of indicators on so maybe that was sound from something else.
  • #149,590
  • Jul 22, 2009 7:53pm Jul 22, 2009 7:53pm
Quoting UncleSam123
I think I just heard something was like bax. I have lot of indicators on so maybe that was sound from something else.

You'll need to copy over the sound as said Button.WAV I'm using or change the code to your own, that sound is likely the 5sma changing direction, all my trades start with that in my favour hence the sound.

Subtle sounds with only 1 sound per 1 minute so as not to annoy me too much.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,591
  • Jul 22, 2009 7:54pm Jul 22, 2009 7:54pm
Was it signal for long? Small scalping? Just keeping my eye on it ONLY to see how it works..
  • #149,592
  • Jul 22, 2009 7:55pm Jul 22, 2009 7:55pm
Quoting UncleSam123
I think I just heard something was like bax. I have lot of indicators on so maybe that was sound from something else.

Broke over the white 23SMMA line and straight to the 100SMA ( not worth much currently ) and over that to.

Trend is turning up, 3/4 SMA's are going up!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,593
  • Jul 22, 2009 7:59pm Jul 22, 2009 7:59pm
Ok it went up 10-15 pips now I heared the sound again. Is it going down? Its like scalping system?
  • #149,594
  • Jul 22, 2009 8:09pm Jul 22, 2009 8:09pm
what do u call which u trade on a M1 TF

Quoting UncleSam123
Ok it went up 10-15 pips now I heared the sound again. Is it going down? Its like scalping system?
Its all in the mind.
  • #149,595
  • Jul 22, 2009 8:09pm Jul 22, 2009 8:09pm
Quoting UncleSam123
Ok it went up 10-15 pips now I heared the sound again. Is it going down? Its like scalping system?

It's warning you the 5sma's turned down, or a SMA S/R/Trend lines been broken, so have a look and make your call.

Its Scalp entry, with a view to if you get a good trend move going holding until the trend changes so it does get you in for 100pip+ moves in the right conditions.

So I'll take 5pips rather than a loss at times, but ultimately I'm gunning for the big moves.


My application is still a bit shady, still a works in progress but it's me not the system
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,596
  • Jul 22, 2009 8:16pm Jul 22, 2009 8:16pm
If you check my Template for EJ, your about 35-40pips up currently, on the break over 100SMMA ( Yellow line )

And with abit of common sense, expect a 80% win rate while risking 20pips!!


If I'm not a millionaire for end of 2010 ( my 40th birthday ), I want to know why!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,597
  • Jul 22, 2009 8:23pm Jul 22, 2009 8:23pm
Quoting 5abi
what do u call which u trade on a M1 TF
We just discussed it on previous page. http://www.forexfactory.com/showthre...98#post2895098
  • #149,598
  • Jul 22, 2009 8:29pm Jul 22, 2009 8:29pm
I was answering your question not asking you a question- Turvyy is a scalper. His systems are scalping systems.

Quoting UncleSam123
We just discussed it on previous page. http://www.forexfactory.com/showthre...98#post2895098
Its all in the mind.
  • #149,599
  • Jul 22, 2009 8:35pm Jul 22, 2009 8:35pm
Quoting 5abi
I was answering your question not asking you a question- Turvyy is a scalper. His systems are scalping systems.
I'm not actually a scalper, I'm my own unique trading style, scalpers are all take 4 pips and run.

I'm a short term, momentum / trend trader who's gunning for trend reverses and large moves.

Well thats the plan and where I see the easy $$$$'s.

If the GU is going to keep going up for 48hours solid without a rest I'll more than happily hold it and trail with a stop for instance

It's just if the market moves down to 1 of my trend lines, IT could just keep going through it, so I wait for the 5SMA to turn up so I'm never just buying blindly as it powers through it.

EJ just pulled back to 133.30 area turned up again, thats where I'd aim to get in with the trend then let it ride or bail if the 5sma failed me to be safe!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #149,600
  • Jul 22, 2009 8:45pm Jul 22, 2009 8:45pm
Lol. Well I see what you saying. But then it is just that you start from M1 and go upwards while I start from the H4 charts and come down trigger from M15. Very few of my trades last less than 48 hours

Quoting Turveyd
I'm not actually a scalper,...
Its all in the mind.
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