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Cable Update (GBPUSD)

  • #164,241
  • Sep 9, 2009 1:41am Sep 9, 2009 1:41am
Quoting trabagwe
good morning everyone, let's make some pip's
It looks u r making banana shake

Making pips is not easy
  • #164,242
  • Sep 9, 2009 1:43am Sep 9, 2009 1:43am
anyone going long here ?
  • #164,243
  • Sep 9, 2009 1:47am Sep 9, 2009 1:47am
Quoting roreki
anyone going long here ?
Long at 1.6529 and 1.6547 closed for total +50pips i think we should wait for trend to show up
  • #164,244
  • Sep 9, 2009 1:48am Sep 9, 2009 1:48am
Quoting beejay
good job. i think we have seen the high of today on both GU and GJ imho
Just curious beejay, What makes you say that?
Ghost Rider - WWTBMD?
  • #164,245
  • Sep 9, 2009 2:02am Sep 9, 2009 2:02am
my short at 1.6507 just closed at 1.6507 what a shame should closed at +10pips
  • #164,246
  • Sep 9, 2009 2:02am Sep 9, 2009 2:02am
I was long there...then she whipsawed and has fallen 70 pips on me...I hate when that happens!

Even though I was on plus 30, I had another 10 to go to my TP...
Ah well...always tomorrow, have to stick with my rules previously had a similar thing happen whipped my money off the table at a -14 and then she turned to my favour and I would have easily made my target!

Long term better to stick with my rules for a month and then review.
  • #164,247
  • Sep 9, 2009 2:02am Sep 9, 2009 2:02am
Quoting albchr
Just curious beejay, What makes you say that?
there is this pattern that i have been studing for more than two years on both GU and GJ and it has been playing out 80 to 90% of the time. i still dont have name for it yet. also there is a mini double top on 4hrs plus a morning star on both 15min and 30min tf. these plus my pattern is enough for me to make decision.
just mho
  • #164,248
  • Sep 9, 2009 2:06am Sep 9, 2009 2:06am
Quoting forexter
my short at 1.6507 just closed at 1.6507 what a shame should closed at +10pips
what makes u close ur short? we are going further down. we may see 1.6 by week end.ihr and 4hr tf just turning around.
  • #164,249
  • Sep 9, 2009 2:08am Sep 9, 2009 2:08am
Quoting beejay
what makes u close ur short? we are going further down. we may see 1.6 by week end.ihr and 4hr tf just turning around.
show a damn chart
stop taking stuff out of ur rear end
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #164,250
  • Sep 9, 2009 2:13am Sep 9, 2009 2:13am
Quoting beejay
there is this pattern that i have been studing for more than two years on both GU and GJ and it has been playing out 80 to 90% of the time. i still dont have name for it yet. also there is a mini double top on 4hrs plus a morning star on both 15min and 30min tf. these plus my pattern is enough for me to make decision.
just mho
Ghost Rider - WWTBMD?
  • #164,251
  • Sep 9, 2009 2:14am Sep 9, 2009 2:14am
Quoting djambazov84
show a damn chart
stop taking stuff out of ur rear end
dont realy know hw to post chart. i would have love too. plus no design tools to do it on MT4 atleast to show my target and all that.
sorry for that bro. will be glad if u can teach
  • #164,252
  • Sep 9, 2009 2:17am Sep 9, 2009 2:17am
Quoting beejay
what makes u close ur short? we are going further down. we may see 1.6 by week end.ihr and 4hr tf just turning around.
my chart dont show a big turn down yet and the price was in buy area
care to share your chart sir?
  • #164,253
  • Sep 9, 2009 2:17am Sep 9, 2009 2:17am
Quoting beejay
dont realy know hw to post chart. i would have love too. plus no design tools to do it on MT4 atleast to show my target and all that.
sorry for that bro. will be glad if u can teach
MT4 has all kinds of tools? I use it myself and in fact, it's all I use. Right click on your chart and save as picture. Then just use manage attachments when you post and upload it. Easy!
Ghost Rider - WWTBMD?
  • #164,254
  • Sep 9, 2009 2:18am Sep 9, 2009 2:18am
Quoting beejay
dont realy know hw to post chart. i would have love too. plus no design tools to do it on MT4 atleast to show my target and all that.
sorry for that bro. will be glad if u can teach

sure thing sir,

sorry i came out like an asshole but too many people here that just sound like they came out of the casino that drives me nuts and fills up my ignore list which is up already 10% this week so far lol

now..if u work with mt4 have ur chart ready then right click onto it and press "save as picture" then u`ll get three options, select the middle one which says "active chart (as is)" and save it on ur desktop after you name it

after that just make a post and click on "manage attachements" which is just below where u click "submit reply" you should see it...

when u click that just click browse and click on the screenshot MT4 has made for you

let me know if u dont understand something
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #164,255
  • Sep 9, 2009 2:20am Sep 9, 2009 2:20am
Cable find resistance yesterday at or around the 50% fib of the major 7044-6111 swing down which falls in the lower 1/2 of a previous 4hr swing hi=prev res=potential res zone.

The subsequent fall saw price drop to yesterday's lows around around the 38.2% of the intraday move up (6320-6586).

The 1hr chart in respect of previous obvious near-term imbalances of demand/supply [swing lows] and supply/demand [swing highs, unbreeched fibs and trend lines is shown below.

Current daily range is 78, current average is 180, trend is down to 5min chart only at the moment.

G/L

http://i25.tinypic.com/httxj9.gif
ex member
  • #164,256
  • Sep 9, 2009 2:20am Sep 9, 2009 2:20am
Quoting beejay
good job. i think we have seen the high of today on both GU and GJ imho
Which means we can ride GU and Gj down boss?Cheers..id like to see cable down tho
  • #164,257
  • Sep 9, 2009 2:26am Sep 9, 2009 2:26am
Quoting Gainmoney
Which means we can ride GU and Gj down boss?Cheers..id like to see cable down tho
yes bro but trade your chart. in between im still trying guys do bear with me
  • #164,258
  • Sep 9, 2009 2:30am Sep 9, 2009 2:30am
LOng from 1.6477 tp 16525
  • #164,259
  • Sep 9, 2009 2:32am Sep 9, 2009 2:32am
Quoting beejay
dont realy know hw to post chart. i would have love too. plus no design tools to do it on MT4 atleast to show my target and all that.
sorry for that bro. will be glad if u can teach
my b this will help you to capture your chart
http://www.faststone.org/FSCapturerDownload.htm
  • #164,260
  • Sep 9, 2009 2:35am Sep 9, 2009 2:35am
its not easy posting chart.
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