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Cable Update (GBPUSD)

  • #154,581
  • Aug 3, 2009 1:50pm Aug 3, 2009 1:50pm
Quoting Turveyd
Yep no need for any other charts, well got a M15 just for a better days over view but barely use it!!
Thanks bro! I'll check it out for sure.
Just digging in the trenches like everyone else!
  • #154,582
  • Aug 3, 2009 1:52pm Aug 3, 2009 1:52pm
Quoting nAVIN2007
when i took that long i never realised that the 62 ema was there as well..its probably what gave the move such strength..
Yeah I love that 62 (learned from EO's thread) on the one hour. The 150 and 365 ema's (from J16) are also great on the 1H as well as the 30M and daily.
Ghost Rider - WWTBMD?
  • #154,583
  • Aug 3, 2009 1:55pm Aug 3, 2009 1:55pm
cable is all down now plzzzzzzzzzzzz
  • #154,584
  • Aug 3, 2009 1:55pm Aug 3, 2009 1:55pm
Quoting albchr
Yeah I love that 62 (learned from EO's thread) on the one hour. The 150 and 365 ema's (from J16) are also great on the 1H as well as the 30M and daily.
Oh yes! I'm seeing a long on EJ on the h1 62 possibly should my shorts continue south. I see the same possiblity on GU should we get there as well.

Ok guys, I'm outta here. Trade well and gather the pips!
EO
Just digging in the trenches like everyone else!
  • #154,585
  • Aug 3, 2009 1:57pm Aug 3, 2009 1:57pm
Quoting albchr
Yeah I love that 62 (learned from EO's thread) on the one hour. The 150 and 365 ema's (from J16) are also great on the 1H as well as the 30M and daily.
u see if u played that 62 ema touch..u could have risked 25 pips to make 450 pips and counting ..great risk to reward..
  • #154,586
  • Aug 3, 2009 1:57pm Aug 3, 2009 1:57pm
Quoting eohater
BTW, I see a bounce from 137.2x to around 137.4x

hi to all

who sell on eurjpy ?

whatis sl and tp
  • #154,587
  • Aug 3, 2009 2:01pm Aug 3, 2009 2:01pm
Quoting naser2008
hi to all

who sell on eurjpy ?

whatis sl and tp
My SL on EJ is at +3 137.50, I do not have a final TP set. You wouldn't believe me if I said I can see 132.70. If I was not in a position and looking to short it. SL would need to be on the other side of 137.60. There's traffic on going down.
Just digging in the trenches like everyone else!
  • #154,588
  • Aug 3, 2009 2:03pm Aug 3, 2009 2:03pm
Quoting nAVIN2007
u see if u played that 62 ema touch..u could have risked 25 pips to make 450 pips and counting ..great risk to reward..
I believe someone could just trade the h1 62 and make very good money. No other trade setup, just the one. They don't all work out, but the ones that do, work out for hundreds.
Just digging in the trenches like everyone else!
  • #154,589
  • Aug 3, 2009 2:04pm Aug 3, 2009 2:04pm
Cable Hourly.
Attached Image
Hear the music before the song is over ...
  • #154,590
  • Aug 3, 2009 2:04pm Aug 3, 2009 2:04pm
It would be nice to see these divergences appearing on a lot of currency pairs, to adhere to the rule of divergences and drop, I've probably see about 6 of them today all being ignored.

Quoting eohater
There's traffic on going down.
PM Me If You Need Help!
  • #154,591
  • Aug 3, 2009 2:05pm Aug 3, 2009 2:05pm
Sorry for cluttering the Cable thread with EJ BS. For cable to continue north, we need to break 1.6990. I'm suspecting a fall before we break that level. Anything is possible though.
Just digging in the trenches like everyone else!
  • #154,592
  • Aug 3, 2009 2:06pm Aug 3, 2009 2:06pm
Quoting nAVIN2007
u see if u played that 62 ema touch..u could have risked 25 pips to make 450 pips and counting ..great risk to reward..

LOL..had I known about it then my friend, you can bet I would have....
Ghost Rider - WWTBMD?
  • #154,593
  • Aug 3, 2009 2:08pm Aug 3, 2009 2:08pm
Nice Doji appearing, these only happen at bottoms and tops of trends - fingers crossed, this puppy will drop big time

Quoting GlobalMacro
Cable Hourly.
PM Me If You Need Help!
  • #154,594
  • Aug 3, 2009 2:08pm Aug 3, 2009 2:08pm
does anyone like a long soon?
  • #154,595
  • Aug 3, 2009 2:10pm Aug 3, 2009 2:10pm
Quoting BobHall
It would be nice to see these divergences appearing on a lot of currency pairs, to adhere to the rule of divergences and drop, I've probably see about 6 of them today all being ignored.
Your right, they do get ignored time to time. However you want to call it, when they get into a range, I'll play tennis back and forth, use my ma's on my m15, h1, h4 and take whatever she wants to give me. For example, GU is nearing 1.6920. I can see a bounce here down to 6905, SL below 1.6895 for a play back to the top. TP around 6950, cover, TP again around 6975 and start looking for a short position. She might not make it over 6955 though or she could continue past 6990 and move into 7000 territory. Regardless of where she goes, I just like to be on her. I don't really care.
Just digging in the trenches like everyone else!
  • #154,596
  • Aug 3, 2009 2:10pm Aug 3, 2009 2:10pm
Quoting eohater
Oh yes! I'm seeing a long on EJ on the h1 62 possibly should my shorts continue south. I see the same possiblity on GU should we get there as well.

Ok guys, I'm outta here. Trade well and gather the pips!
EO

Thanks so much EO....
Ghost Rider - WWTBMD?
  • #154,597
  • Aug 3, 2009 2:10pm Aug 3, 2009 2:10pm
Quoting BobHall
if it breaks 1.7000, I'm moving my SL's up and see if it hits 1.7138
Good to know, thanks
Trading Makes Money!
  • #154,598
  • Aug 3, 2009 2:10pm Aug 3, 2009 2:10pm
Quoting eohater
I believe someone could just trade the h1 62 and make very good money. No other trade setup, just the one. They don't all work out, but the ones that do, work out for hundreds.
i do believe so as well..it crazy how simple this can really be isnt yet the winner in this are very few..deceptive or what probably why every1 got hooked
  • #154,599
  • Aug 3, 2009 2:13pm Aug 3, 2009 2:13pm
Quoting nAVIN2007
i do believe so as well..it crazy how simple this can really be isnt yet the winner in this are very few..deceptive or what probably why every1 got hooked
People overtrade and then take it personal when it goes to shit on them. Before I intraday traded, I was an h4/daily candle trader only. I might of put 2 trades per day on. Today, on GU alone, I had 5 trades on her. Now, this does include the trades from last night for me as well.
Just digging in the trenches like everyone else!
  • #154,600
  • Aug 3, 2009 2:14pm Aug 3, 2009 2:14pm
Quoting albchr
Thanks so much EO....
My pleasure!

Family time is here for me. Trade well everyone!
Just digging in the trenches like everyone else!
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