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Cable Update (GBPUSD)

  • #168,321
  • Sep 23, 2009 1:00pm Sep 23, 2009 1:00pm
Quoting XTrade
I agree, I closed the other short trade for about 4 pips, while going long.

bbmac, thanks for sharing you thoughts.

If i can add, M1 can be tricky, yet profitable. I feel it is necessary to look at the higher t/f charts before hand, at least 30 to 1hr to see what may be in store, and get a "direction."
I canno't stress enough the point that any chart work the same.
Its a fractal thing. All needed to be look at is breakout point and bucket return.
Any other tools then candle reaction at level are confirmation ones and yet lagging.

You can do what ever you want from this, its your choice.
This is the most basic Price Action!

http://cdn.forexfactory.com/attachme...1&d=1250833020
  • #168,322
  • Sep 23, 2009 1:00pm Sep 23, 2009 1:00pm
Quoting sed34
how will the fomc decision move this pair. the rates are going to remain the same.
You can always expect vigorous and
often explosive PA when multiple
moving averages (MMA's) converge,
in any time frame.

Dr. D.
Attached Images
  • #168,323
  • Sep 23, 2009 1:02pm Sep 23, 2009 1:02pm
Quoting wormboy
Softy? Ha! Speak for yourself mountaneer
I'm hard as a

Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!

http://cdn.forexfactory.com/attachme...1&d=1251622870
Hear the music before the song is over ...
  • #168,324
  • Sep 23, 2009 1:04pm Sep 23, 2009 1:04pm
Quoting GlobalMacro
Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!

http://cdn.forexfactory.com/attachme...1&d=1251622870

lol
  • #168,325
  • Sep 23, 2009 1:06pm Sep 23, 2009 1:06pm
Quoting nAVIN2007
lol
lol...

yo, wassup bro....all cool in the hood bro...
Hear the music before the song is over ...
  • #168,326
  • Sep 23, 2009 1:07pm Sep 23, 2009 1:07pm
Quoting bbmac
I am principly looking at the 1min for a repeating reversal or re-entry indicator set-up at pre-identified potential supp/res/sbr/rbs. Obviously if a reversal set-up appears on 1min and it is against a strong trend say above my own trend t/f then I will look for supporting set-ups on the 5min/15min +and of course will only consider a contra-trend set-up at pre-identified potential supp/res/sbr/rbs on the 1hr+ t/f...looking whether there are supporting set-ups on t/f's above the 1min trigger also helps with assessing the potential for the move and...
amazing when you ask the more knowledgeable person you get a sensible answer. Much respect

Okay one last question before the party.
Would you consider the hammer off the 38.2 as a trigger? Would you pull it?
Thanks
Attached Image (click to enlarge)
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Thank You
  • #168,327
  • Sep 23, 2009 1:07pm Sep 23, 2009 1:07pm
Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!

http://cdn.forexfactory.com/attachme...1&d=1251622870

It's all clear to me now....

You had the bullishness still in place and thus ran off to get maximum...

Classic (She's nice though.....)
  • #168,328
  • Sep 23, 2009 1:07pm Sep 23, 2009 1:07pm
Quoting GlobalMacro
Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!
WOW GM, you've made your buddy Van "Dame" look pretty good now. Good to have all that money from trading to hide the truth about you two huh?...

First you teach her to dance and then this successful operation? I'm impressed man!
Ghost Rider - WWTBMD?
  • #168,329
  • Sep 23, 2009 1:08pm Sep 23, 2009 1:08pm
Quoting GlobalMacro
Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!

http://cdn.forexfactory.com/attachme...1&d=1251622870
oh come on, I can get those jugs "at a discount"
Thank You
  • #168,330
  • Sep 23, 2009 1:08pm Sep 23, 2009 1:08pm
Quoting TauTrader
Alright Tough Boy.....You wanna know where I've been...yeaaa?????


Tell Him Girl Friend WHERE !!!!!

http://cdn.forexfactory.com/attachme...1&d=1251622870

It's all clear to me now....

You had the bullishness still in place and thus ran off to get maximum...

Classic (She's nice though.....)

Hear the music before the song is over ...
  • #168,331
  • Sep 23, 2009 1:09pm Sep 23, 2009 1:09pm
Quoting albchr
WOW GM, you've made your buddy Van "Dame" look pretty good now. Good to have all that money from trading to hide the truth about you two huh?...

First you teach her to dance and this successful operation? I'm impressed man!
  • #168,332
  • Sep 23, 2009 1:10pm Sep 23, 2009 1:10pm
man. i'm negative 7 pips. and they are about to announce the rate.
  • #168,333
  • Sep 23, 2009 1:11pm Sep 23, 2009 1:11pm
Quoting GlobalMacro
lol...

yo, wassup bro....all cool in the hood bro...
all good bro....ass is short! waiting for the mofo to make me happy..

Quote
It's all clear to me now....

You had the bullishness still in place and thus ran off to get maximum...

Classic (She's nice though.....)

yep explains it
  • #168,334
  • Sep 23, 2009 1:11pm Sep 23, 2009 1:11pm
Quoting GlobalMacro
Yesterday's price closed with a pin...I'm looking for a morning star to develop...
Buy orders triggered O/N on break of 1.6214 ...


P/S: House Bears? How do you like this daily pin?...looks like we're going up, huh?....lol
Sorry to interrupt the party...


Longs in place from 1.6214 here +194 pips

holding onto longs....
Attached Image
Hear the music before the song is over ...
  • #168,335
  • Sep 23, 2009 1:12pm Sep 23, 2009 1:12pm
Quoting sed34
man. i'm negative 7 pips. and they are about to announce the rate.
sometimes your better cut, 7 pips is nothing vs a lost of... your SL if you have one.
  • #168,336
  • Sep 23, 2009 1:12pm Sep 23, 2009 1:12pm
Quoting wormboy
amazing when you ask the more knowledgeable person you get a sensible answer. Much respect

Okay one last question before the party.
Would you consider the hammer off the 38.2 as a trigger? Would you pull it?
Thanks
No probs, it's a pleasure.

No I would not consider the ipa candle alsone a trigger, I had no set-up there so no tech confluence (it's why I use repeating hi-prob tech indicator set-ups as 1min pa alone can be less reliable than higher t/f's) 5min is ranging ahead of fomc so no real set-ups atm.

G/L
ex member
  • #168,337
  • Sep 23, 2009 1:14pm Sep 23, 2009 1:14pm
T-1min

G/L all
ex member
  • #168,338
  • Sep 23, 2009 1:16pm Sep 23, 2009 1:16pm
Quoting GlobalMacro
Sorry to interrupt the party...


Longs in place from 1.6214 here +194 pips

holding onto longs....
No, someone else was holding onto that a while ago....
  • #168,339
  • Sep 23, 2009 1:18pm Sep 23, 2009 1:18pm
Quoting bbmac
No probs, it's a pleasure.

No I would not consider the ipa candle alsone a trigger, I had no set-up there so no tech confluence (it's why I use repeating hi-prob tech indicator set-ups as 1min pa alone can be less reliable than higher t/f's) 5min is ranging ahead of fomc so no real set-ups atm.

G/L
Thanks bb2. I totally rate you. You know your stuff.


Okay crunch time.
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Thank You
  • #168,340
  • Sep 23, 2009 1:19pm Sep 23, 2009 1:19pm
except 2 open, all other longs hit target on FOMC

the remaining 2 will be gone soon
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