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Cable Update (GBPUSD)

  • #163,241
  • Sep 3, 2009 12:37pm Sep 3, 2009 12:37pm
Quoting allserene
'A cat's bum on a doji ' wow that would be some indicator

Percy Shaw was a Yorkshireman like me - he was going home in the fog and saw a cat's eyes shining - and later he became world famous for inventing 'cat's eyes' for marking the center of the road.

It's said that if the cat had been going away from him, he would have invented the pencil sharpener


I think that one's called: shishkebap indic.....
Hear the music before the song is over ...
  • #163,242
  • Sep 3, 2009 12:40pm Sep 3, 2009 12:40pm
Quoting Forty
how did they know that he would invented the pencil sharpener
I think he would have invented a dead cat.
  • #163,243
  • Sep 3, 2009 12:44pm Sep 3, 2009 12:44pm
Quoting JamesCZ
Except me...still holding my longs. Allready got some pips from scalping, but still in red for today...I need just 15 pips up and I'll be black green today and celebrate with others
Not trying to tell you what to do here but remember, cutting your losses is a BIG part of surviving this business. If it's not going your way and you don't think or it's not looking like it will, KILL the trade and move on. So many folks kill their accounts "hoping" it will come back to them. Been there, done that.
Ghost Rider - WWTBMD?
  • #163,244
  • Sep 3, 2009 12:44pm Sep 3, 2009 12:44pm
+30 now on my short. things are looking good so far.
  • #163,245
  • Sep 3, 2009 12:45pm Sep 3, 2009 12:45pm
Quoting K Ryan
I think he would have invented a dead cat.
the dead cat bounce ? I dare not experiment with that coz she comes home at lunchtime sometimes

hey look ! critical area on the 15 min - 1.6319 ish - it either continues up from here or falls through and it get spectacular
  • #163,246
  • Sep 3, 2009 12:47pm Sep 3, 2009 12:47pm
Money managment is as important then a good system, cause lost are INEVITABLE, in any system.

That all old stories...

____________

Go bear Go!
http://t2.gstatic.com/images?q=tbn:4...0018-04-05.jpg
aiming 00
  • #163,247
  • Sep 3, 2009 12:52pm Sep 3, 2009 12:52pm
Quoting allserene
the dead cat bounce ? I dare not experiment with that coz she comes home at lunchtime sometimes

hey look ! critical area on the 15 min - 1.6319 ish - it either continues up from here or falls through and it get spectacular
i hope is spanks 1.63 on the way down.
  • #163,248
  • Sep 3, 2009 12:54pm Sep 3, 2009 12:54pm
Quoting allserene
http://cdn.dickblick.com/items/214/0...01-1-3ww-l.jpg

damn all those 'shillin whippets' inventing weird stuff over there....
Hear the music before the song is over ...
  • #163,249
  • Sep 3, 2009 12:56pm Sep 3, 2009 12:56pm
Now there is an indicator- that is bound to come down in the near future

Would that cable was so easy to predict

http://t2.gstatic.com/images?q=tbn:4...0018-04-05.jpg
  • #163,250
  • Sep 3, 2009 12:58pm Sep 3, 2009 12:58pm
if opportunity arises and conditions are favorable e.g. volume and some 5min confirming bull candles i think that SHOULD price reach 1.63 a long position in the direction of the immediate trend could be a low risk entry we have previous resistance which COULD turn into support and it is also 61fib of the latest wave up

would like to see some double/tripple bottom formaitons on the 5m/15m chart to reinforce my decision
Attached Image (click to enlarge)
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Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #163,251
  • Sep 3, 2009 1:04pm Sep 3, 2009 1:04pm
Quoting nAVIN2007
lol....thx god.....i thought it was 25

was thinking no wonder i cant make money
Well, looks like your "wild entry" is now green...

On a more serious note - I really expected the week to be bearish. I at least expected 1.6000. So, next week we will have to play catchup to get to the 1.5835 number projected for Somewhere September.

Please ignore this post.

Just me and my thoughts.....

Good day to you all. Wish you health, wealth and happiness.
  • #163,252
  • Sep 3, 2009 1:06pm Sep 3, 2009 1:06pm
Quoting riko2705
is that what you are telling wormboy?
yup. Except that it's already broken to the downside. Hope you don't mind the chart correction
Attached Image
Thank You
  • #163,253
  • Sep 3, 2009 1:06pm Sep 3, 2009 1:06pm
Lived Life for a few hours

My Dragon Short just initiated originally I said 150.80, but its in now

Short On All
Dragon > 151.04 > SL 151.25
Mrs > 1.6329 > SL 1.6345
Mistress > 131.96 > SL 132.15 .... somebody mention this one as the mini dragon today so I'm trying it on DEMO... we also need a funky name for it, please PM me one if I miss it in the thread.

btw, anybody trading the USDZAR?

We call EU the "Temptress" in EO's thread. GU is the Mrs. and EJ the Mistress. And oh, the dragon IS the Beast...LOL
  • #163,254
  • Sep 3, 2009 1:08pm Sep 3, 2009 1:08pm
Quoting TauTrader
Well, looks like your "wild entry" is now green...

On a more serious note - I really expected the week to be bearish. I at least expected 1.6000. So, next week we will have to play catchup to get to the 1.5835 number projected for Somewhere September.

Please ignore this post.

Just me and my thoughts.....

Good day to you all. Wish you health, wealth and happiness.

its still in play..I have a scenero which i have accepted the trade, this one i will leave no matter what.....if it goes wrong i break even for the week...
Attached Image (click to enlarge)
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  • #163,255
  • Sep 3, 2009 1:09pm Sep 3, 2009 1:09pm
Quoting Fx1618
Lived Life for a few hours

My Dragon Short just initiated originally I said 150.80, but its in now

Short On All
Dragon > 151.04 > SL 151.25
Beast > 1.6329 > SL 1.6345
EURUSD > 131.96 > SL 132.15 .... somebody mention this one as the mini dragon today so I'm trying it on DEMO... we also need a funky name for it, please PM me one if I miss it in the thread.

btw, anybody trading the USDZAR?

We call EU the "Temptress" in EO's thread. GU is the Mrs. and EJ the Mistress. And oh, the dragon IS the Beast...LOL
Ghost Rider - WWTBMD?
  • #163,256
  • Sep 3, 2009 1:10pm Sep 3, 2009 1:10pm
hi all

how about the shity dow indcators dos it work
  • #163,257
  • Sep 3, 2009 1:12pm Sep 3, 2009 1:12pm
Quoting wormboy
yup. Except that it's already broken to the downside. Hope you don't mind the chart correction
not at all wormboy. ı am just a student; any help will be appreciated.

thanks anyway
  • #163,258
  • Sep 3, 2009 1:13pm Sep 3, 2009 1:13pm
Quoting TauTrader
Good evening to you, Gentlemen ( at least, in Cape Town it is)

The lightbulbs are coming on.....

Thank you both nAVIN2007 and wormboy for the 2 powerful posts.

I see where you are coming from. So, I see this as follows: You can either stand next to the national road with binoculars and try to identify the cars passing by. It will all just be a blurr of color and you will have about zero chance of identifying the car types as they pass... OR ... you can walk back, go sit on a hillside further away - under the shade, and look through the binoculars....
No disrespect to you, but trade long enough, you'll soon find out the higher timeframes are not random.
Thank You
  • #163,259
  • Sep 3, 2009 1:13pm Sep 3, 2009 1:13pm
Quoting albchr
We call EU the "Temptress" in EO's thread. GU is the Mrs. and EJ the Mistress. And oh, the dragon IS the Beast...LOL
tx I'll correct my post
  • #163,260
  • Sep 3, 2009 1:18pm Sep 3, 2009 1:18pm
btw tau, that ltl is a goner now. Rising wedge played out again
Thank You
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