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Cable Update (GBPUSD)

  • #154,941
  • Aug 4, 2009 12:40pm Aug 4, 2009 12:40pm
My stop is tight. That is the beauty of this Flag because I can keep moving my long stop down each tim it makes a lower low. Were cool with this even if it goes short.

Ne

Quoting mktjong
Seems like the buying volume of the Dow is getting dry out, that's where the deadly bear strikes in and tear everything into pieces
  • #154,942
  • Aug 4, 2009 12:41pm Aug 4, 2009 12:41pm
I use the Daily and the 1 hr


Quoting mktjong
Wow .. I really salute you can get that many pips with UJ ..
What time frame and strategy do u use? Thanks.
  • #154,943
  • Aug 4, 2009 12:42pm Aug 4, 2009 12:42pm
she will go
Yeahh!!
  • #154,944
  • Aug 4, 2009 12:42pm Aug 4, 2009 12:42pm
Quoting Nene
I use the Daily and the 1 hr
Mind to share your strategy?
  • #154,945
  • Aug 4, 2009 12:43pm Aug 4, 2009 12:43pm
2009-08-04 - 14:00:012009-08-04 - 14:08:28
USD/JPYOrder Buy394.8095.09+87+91.35
2009-07-31 - 15:32:122009-08-03 - 14:19:10
USD/JPYBuy394.6295.20+174+182.70 +261+274.05
  • #154,946
  • Aug 4, 2009 12:46pm Aug 4, 2009 12:46pm
Quoting Nene
2009-08-04 - 14:00:012009-08-04 - 14:08:28
USD/JPYOrder Buy394.8095.09+87+91.35
2009-07-31 - 15:32:122009-08-03 - 14:19:10
USD/JPYBuy394.6295.20+174+182.70 +261+274.05
Ok, how do u make the decision to buy or sell? Thanks bro.
  • #154,947
  • Aug 4, 2009 12:48pm Aug 4, 2009 12:48pm
I have a system I use that I can not talk about in here. Below is what it looks like with the signal arrows.

Ne

Quoting mktjong
Ok, how do u make the decision to buy or sell? Thanks bro.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.gif Size: 50 KB
  • #154,948
  • Aug 4, 2009 12:54pm Aug 4, 2009 12:54pm
Quoting mktjong
Looks like both directions are dead for up ..

Who asked me for my latest chart? Here is my long term view.

PS Excuse the pics etc, but like everyone else, charts have been posted and analysis done, so waiting for at least something more than a 20 pip movement today LOL.
Attached Image
  • #154,949
  • Aug 4, 2009 12:55pm Aug 4, 2009 12:55pm
Quoting direct-trade
Who asked me for my latest chart? Here is my long term view.

PS Excuse the pics etc, but like everyone else, charts have been posted and analysis done, so waiting for at least something more than a 20 pip movement today LOL.
Nice pic!
Just digging in the trenches like everyone else!
  • #154,950
  • Aug 4, 2009 12:56pm Aug 4, 2009 12:56pm
U/J is into overbought territory on the 1 Hr, I have a small sell there also.

Ne
  • #154,951
  • Aug 4, 2009 1:00pm Aug 4, 2009 1:00pm
Pulled at 6905. and that is how we get a quick 40 pips out of a Bullish Flag.

Ne
  • #154,952
  • Aug 4, 2009 1:04pm Aug 4, 2009 1:04pm
My Daily Pivot is at 6871. I doubt it go beyond this. Next trip up it may pop to 1.7109
  • #154,953
  • Aug 4, 2009 1:06pm Aug 4, 2009 1:06pm
Quoting Nene
Pulled at 6905. and that is how we get a quick 40 pips out of a Bullish Flag.

Ne
Good job, you planned your trade and traded your plan, but did you go back long to get another 40?
Just digging in the trenches like everyone else!
  • #154,954
  • Aug 4, 2009 1:14pm Aug 4, 2009 1:14pm
Quoting eohater
Good job, you planned your trade and traded your plan, but did you go back long to get another 40?
yo eo!
Thank You
  • #154,955
  • Aug 4, 2009 1:14pm Aug 4, 2009 1:14pm
Hi Godfrey

Do you mind if I use the indicator as well?
Could you advise me where shell I place the indicator (just at the begining, please) I tried to put under the 4H chart but I didn`t work in my case. Shell I go to experts-indicators and leave the indicator there? or in different place?

Thank you for you help

London Trader

Quoting GodfreyH
Chris, if you're still around. Here's an 8hr chart. The indicator below will convert chart timeframes.

Put the indicator below on a 4hr chart. Use period multiplier 2. (4hr x 2 =8HR CHART).

Then go, file, open offline, look for GBPUSD H8. Click open.

Don't worry about the offline status, updates are within microseconds. Just remember to keep the chart with the indicator open as well. You can load any template on to the 8hr chart.
Discomfort and profit often stand side by side
  • #154,956
  • Aug 4, 2009 1:16pm Aug 4, 2009 1:16pm
Quoting Nene
Pulled at 6905. and that is how we get a quick 40 pips out of a Bullish Flag.

Ne

hmmm dont think this is a bullish flag btw do not be mistaken
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #154,957
  • Aug 4, 2009 1:18pm Aug 4, 2009 1:18pm
Quoting wormboy
yo eo!
Hey brother! Good to see you!
Just digging in the trenches like everyone else!
  • #154,958
  • Aug 4, 2009 1:26pm Aug 4, 2009 1:26pm
Quoting eohater
Good job, you planned your trade and traded your plan, but did you go back long to get another 40?
bro you just wait 40 pips higher and you get your answer...LOL
Hear the music before the song is over ...
  • #154,959
  • Aug 4, 2009 1:27pm Aug 4, 2009 1:27pm
Still need to break 1.6888 to confirm downside. Otherwise the rally will continue in unexpected tme!
  • #154,960
  • Aug 4, 2009 1:30pm Aug 4, 2009 1:30pm
Quoting GlobalMacro
bro you just wait 40 pips higher and you get your answer...LOL
LOL
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