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Cable Update (GBPUSD)

  • #167,421
  • Sep 21, 2009 4:27am Sep 21, 2009 4:27am
Quoting nAVIN2007
i know thats what makes it all interesting....especailly when it comes to entries.....i was experimenting last week and i found entries to be a major plus...exit not so sure about.....will do some back setting
Well, all I know is right atm from the 15m, she looks to be wanting to test 6133 if it can get by 6150ish again...lol So much for the 6200 pull back I was looking for. At least right now anyway.
Ghost Rider - WWTBMD?
  • #167,422
  • Sep 21, 2009 4:28am Sep 21, 2009 4:28am
Quoting albchr
I'm looking for a pullback to 6200ish for a short myself. I always get a kick out of how differently folks see things....lol

But then, I don't hold trades as long as you do either.
lol...
if there weren't different views, market would cease to exist in a heartbeat...bro...lol
Hear the music before the song is over ...
  • #167,423
  • Sep 21, 2009 4:28am Sep 21, 2009 4:28am
In lieu of all of the charts posted here, I am going to start posting some of my finding with my new system...

Every day I throw 13 chicken bones into a bowl of pigs blood. Now, at the moment, this has not been as accurate as I would like. However, I believe with a little tweeking, I can make this system a winner.

Today, chicken bones say buy to 1.6330, then initiate sell.
Que
  • #167,424
  • Sep 21, 2009 4:29am Sep 21, 2009 4:29am
Quoting Faryad
BB risky ride
she will be tanked
Faryad heres my reasoning mate, as she has already tank, cos i rode the bitch myself last week .... I will load again on approach to TL... SL is in place just in case.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,425
  • Sep 21, 2009 4:30am Sep 21, 2009 4:30am
Quoting albchr
Well, all I know is right atm from the 15m, she looks to be wanting to test 6133 again...lol So much for the 6200 pull back I was looking for. At least right now anyway.
Hiya Chris and everyone,

I jumped the gun too early as well with 2 small longs at 6180.
But I think she'll retest between 6113 and 6144 based on Murrey Math S/R Lines which have proved themselves. But I like the use of S/R and Trend Lines here... learning alot.
A pip is only worth it if you know how much you risked to earn it
  • #167,426
  • Sep 21, 2009 4:36am Sep 21, 2009 4:36am
Quoting vlady1974
Hiya Chris and everyone,

I jumped the gun too early as well with 2 small longs at 6180.
But I think she'll retest between 6113 and 6144 based on Murrey Math S/R Lines which have proved themselves. But I like the use of S/R and Trend Lines here... learning alot.
Good morning Vlady...

Well, unless she just crashes through the floor at 6111, I think she'll range for a while and that entry will still be ok. Just have to endure some draw down for a bit I think.
Ghost Rider - WWTBMD?
  • #167,427
  • Sep 21, 2009 4:39am Sep 21, 2009 4:39am
I see possible retracement too at 1.6350 gone long at 1.6160
  • #167,428
  • Sep 21, 2009 4:42am Sep 21, 2009 4:42am
Quoting GlobalMacro
lol...
if there weren't different views, market would cease to exist in a heartbeat...bro...lol

LOL...true. I still think it would really cool if we could just get all traders on the same page at the same time for like a month or two.

Or like a few months ago I was thinking a rotational thing. US session buys, Asian session sells, UK session buys...repete....
Ghost Rider - WWTBMD?
  • #167,429
  • Sep 21, 2009 4:44am Sep 21, 2009 4:44am
Yes, but if everyone were buying, there would be no one to sell to them...

Que

Quoting albchr
LOL...true. I still think it would really cool if we could just get all traders on the same page at the same time for like a month or two.

Or like a few months ago I was thinking a rotational thing. US session buys, Asian session sells, UK session buys...repete....
Que
  • #167,430
  • Sep 21, 2009 4:46am Sep 21, 2009 4:46am
Just share my view..


KG
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  • #167,431
  • Sep 21, 2009 4:47am Sep 21, 2009 4:47am
Quoting Que
Yes, but if everyone were buying, there would be no one to sell to them...

Que
Ummm...good point! Shows my ignorance huh?
Ghost Rider - WWTBMD?
  • #167,432
  • Sep 21, 2009 4:51am Sep 21, 2009 4:51am
at the moment its the safest bet to buy with a stop

how are u nav?
long time

Quoting nAVIN2007
i know what u mean.....i think trendlines for me distort the picture...i mean look at GM chart, u got a channel and trendline breach but he is long

why, cause it at the bottom of the range...so in effect he is playing the range bottom (horizontal support, resisance) as appossed to the trendlines

i get these conflicts, last week i got killed because of trendlines..to me they simply a scalping aid..but thats just me
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #167,433
  • Sep 21, 2009 4:55am Sep 21, 2009 4:55am
Quoting salah k.
at the moment its the safest bet to buy with a stop

how are u nav?
long time
my brother from another mother!!! how are u man? ...its great to hear from u....how is everything bro?
  • #167,434
  • Sep 21, 2009 5:07am Sep 21, 2009 5:07am
Quoting albchr
LOL...true. I still think it would really cool if we could just get all traders on the same page at the same time for like a month or two.

Or like a few months ago I was thinking a rotational thing. US session buys, Asian session sells, UK session buys...repete....
Oh yea...that would be a day....us under the sun picnicking,BBQ and cold drinks in hand.....and no damn trading.....
Hear the music before the song is over ...
  • #167,435
  • Sep 21, 2009 5:16am Sep 21, 2009 5:16am
Well, it's painfully obvious this puppy is going nowhere fast ATM. I have a bunch of design work to do so I'll check back in later during US.

If she makes it back to 6133 I may try a long from there depending on PA.

Have a great day folks!
Ghost Rider - WWTBMD?
  • #167,436
  • Sep 21, 2009 5:35am Sep 21, 2009 5:35am
next station 1.6100.. then we can consider long if support not break.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #167,437
  • Sep 21, 2009 5:41am Sep 21, 2009 5:41am
Alright exiting my buy @ 1.6180 for a -10pips loss. Will look to go long at the lowwer TL.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,438
  • Sep 21, 2009 5:41am Sep 21, 2009 5:41am
its all good
woking and trading
how are u
how are bones and carrera
are they posting regularly


Quoting nAVIN2007
my brother from another mother!!! how are u man? ...its great to hear from u....how is everything bro?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #167,439
  • Sep 21, 2009 6:15am Sep 21, 2009 6:15am
Did someone press the mute button?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #167,440
  • Sep 21, 2009 6:20am Sep 21, 2009 6:20am
Quoting Bull_Bear
Did someone press the mute button?
Yeah ...... ?

Lunch time ....
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