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Cable Update (GBPUSD)

  • #161,821
  • Aug 31, 2009 2:23am Aug 31, 2009 2:23am
Quoting GlobalMacro
good job on your short bro...and Congrats on your live account...

I'm not a seller yet though; rather flat sitting on the sidelines....
pin was the entery otherwise it tricky..i wont lie..
  • #161,822
  • Aug 31, 2009 2:26am Aug 31, 2009 2:26am
n.avin could you please explaine the entry pin. i am learning an i just don't see what you see but i want to
  • #161,823
  • Aug 31, 2009 2:27am Aug 31, 2009 2:27am
Quoting albchr
Ah you got in on the way up then. I never trade the Sunday open (no guts...lol) and my spreads are always wacky for the first 30 minutes to an hour or so. I waited to see how high it would go. When it turned at 6300ish on the 1H I waited another 30m candle and took the flat top open at 6282. SL is now at 6265 and my target is the 6150ish area which was a good 4H support last week. Don't know if it will get there but we'll see.
1.6300 looked promising...but what can I say when the market gets "high" anything is possible...lol
Hear the music before the song is over ...
  • #161,824
  • Aug 31, 2009 2:33am Aug 31, 2009 2:33am
Quoting nAVIN2007
pin was the entery otherwise it tricky..i wont lie..
yea the pin was a good entry but you see I still don't trust that pin sitting on top of that hammer...PA needs to do a lot of convincing work for that to become a full-fledged sell signal...tricky indeed...
Hear the music before the song is over ...
  • #161,825
  • Aug 31, 2009 2:37am Aug 31, 2009 2:37am
Quoting GlobalMacro
1.6300 looked promising...but what can I say when the market gets "high" anything is possible...lol
That's for sure. If this working 15m candle closes above 6217, I may just close this short and run...lol
Ghost Rider - WWTBMD?
  • #161,826
  • Aug 31, 2009 2:37am Aug 31, 2009 2:37am
Quoting trabagwe
n.avin could you please explaine the entry pin. i am learning an i just don't see what you see but i want to
search my posts a few pages back u see my analysis for shorting..
  • #161,827
  • Aug 31, 2009 2:39am Aug 31, 2009 2:39am
Quoting GlobalMacro
yea the pin was a good entry but you see I still don't trust that pin sitting on top of that hammer...PA needs to do a lot of convincing work for that to become a full-fledged sell signal...tricky indeed...
definately..but even if we close like this...i will sell this mofo all the way from 1.7
  • #161,828
  • Aug 31, 2009 2:39am Aug 31, 2009 2:39am
i will thank's
  • #161,829
  • Aug 31, 2009 2:51am Aug 31, 2009 2:51am
Good bounce from 1.6160 again yesterday.. Now this level has held twice re-enforcing this as a good support level. This morning you have seen the market above 1.6270, but it has been held by 1.6305. Now this is good resistance at 1.6305/20 and today you so not wish to see the market break above here. If it does then the downside pressure will be taken off, and bulls will be in with a good chance if taking this higher to 1.6450/80 to 1.6510.
However, this may just have been a spike, so look to 1.6270/80 for early direction. If the market can stay trading below here then there is scope for further declines with 1.6160 once more the favoured support. Here sellers will be covering shorts. You will find buyers once more coming in to defend this level.
They will not hold longs however if this breaks and holds below 1.6150. If this occurs look for the buyers to turn tail and join the sellers for taking this lower to 1.6040/00. Here all short positions are to be covered.
  • #161,830
  • Aug 31, 2009 3:32am Aug 31, 2009 3:32am
awefully quite in here!
  • #161,831
  • Aug 31, 2009 3:42am Aug 31, 2009 3:42am
Here's for all the Yogi BEARS

http://www.forexfactory.com/showpost...stcount=161758

Inserted Video
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,832
  • Aug 31, 2009 3:43am Aug 31, 2009 3:43am
i see dillan started another 1 minute thread saying he has the holly grail.....oh my is his head hard..can can any1 trade a 1 minute chart is beyond me, especialy in forex..

must be one hell of a trader to even consider it
  • #161,833
  • Aug 31, 2009 3:48am Aug 31, 2009 3:48am
Quoting nAVIN2007
i see dillan started another 1 minute thread saying he has the holly grail.....oh my is his head hard..can can any1 trade a 1 minute chart is beyond me, especialy in forex..

must be one hell of a trader to even consider it
Grail sadly not, MagnumFreak is the best candidate for the M1 Grail currently.

M1's easy, your just looking at it wrong, from this position trading off a H4 chart is just ludicrous!!

You don't look at the last candle, candles don't mean anything on any time frame, you look at the overall action for the last 3hours spot patterns and trade whats been just happening.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #161,834
  • Aug 31, 2009 3:51am Aug 31, 2009 3:51am
Quoting Turveyd
Grail sadly not, MagnumFreak is the best candidate for the M1 Grail currently.

M1's easy, your just looking at it wrong, from this position trading off a H4 chart is just ludicrous!!

You don't look at the last candle, candles don't mean anything on any time frame, you look at the overall action for the last 3hours spot patterns and trade whats been just happening.
6% u made....that is great on a 1 minute chart, huge risk thou bro
  • #161,835
  • Aug 31, 2009 3:52am Aug 31, 2009 3:52am
Quoting nAVIN2007
i see dillan started another 1 minute thread saying he has the holly grail.....oh my is his head hard..can can any1 trade a 1 minute chart is beyond me, especialy in forex..

must be one hell of a trader to even consider it
Load off Rubbish.... Holy Grail??? I call him a JOKER.

Good start to your live account Nav Man. Keep you shorts mate, don't let it go yet. I'm looking for min of 1.6100 today.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,836
  • Aug 31, 2009 3:55am Aug 31, 2009 3:55am
Quoting albchr
That's for sure. If this working 15m candle closes above 6217, I may just close this short and run...lol
well done..now she goes 3 pip up.
  • #161,837
  • Aug 31, 2009 3:56am Aug 31, 2009 3:56am
Quoting nAVIN2007
i see dillan started another 1 minute thread saying he has the holly grail.....oh my is his head hard..can can any1 trade a 1 minute chart is beyond me, especialy in forex..

must be one hell of a trader to even consider it
What's the link or name of it Nav? Should be good for some entertainment...
Ghost Rider - WWTBMD?
  • #161,838
  • Aug 31, 2009 3:57am Aug 31, 2009 3:57am
Quoting Bull_Bear
Load off Rubbish.... Holy Grail??? I call him a JOKER.

Good start to your live account Nav Man. Keep you shorts mate, don't let it go yet. I'm looking for min of 1.6100 today.
Trading of a 1 min chart....what next....BB man.....feel sorry for the new guys trading with that crap...

Hows it going brov holding shorts since 310....woke up to a nice surprise...

Gonna be a swing galore day brov...Good Luck
GeppyG
Let Price determine your future!
  • #161,839
  • Aug 31, 2009 4:03am Aug 31, 2009 4:03am
Quoting Geppyg
Trading of a 1 min chart....what next....BB man.....feel sorry for the new guys trading with that crap...

Hows it going brov holding shorts since 310....woke up to a nice surprise...

Gonna be a swing galore day brov...Good Luck
GeppyG
ALL good Geppy Missed Dragon TP @ 150.00 by 5 pips again but still holding shorts. leaving TP open now rather than 150.00.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,840
  • Aug 31, 2009 4:06am Aug 31, 2009 4:06am
Quoting Faryad
Hay bb
how u bro ? Howz ur health ?
I'm nursed back to health now bro. Not as bad as I thought, just a mild cold. I was expecting another king hit flu that took me out for a week like last time.

Keeping your shorts?
Veni, Vidi, Vici (We came, we saw, we conquered)
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