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Cable Update (GBPUSD)

  • #172,841
  • Oct 4, 2009 9:13pm Oct 4, 2009 9:13pm
1.6..thats good..30 trailing start and waiting for sell setting
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  • #172,842
  • Oct 4, 2009 9:13pm Oct 4, 2009 9:13pm
Quoting Bullbear0072
I use it in all timeframes but for the 4hr. ( and only the 4Hr.) I change the setting to 7/13/9 - gives EXCELLENT trend verification especially for crazy PA days - best tool in my tool box.
Will check out the settings, thx fer the tip.



I see what you mean, like it already!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #172,843
  • Oct 4, 2009 9:31pm Oct 4, 2009 9:31pm
The 1m chart show that this recent up move came from the earlier compression of ema's and energy that was building up at the end of trading on Fri. 1m compressions without other stimulus (or natural simultaneous compression from other tf's) do not often result in large moves and more likely dissipate, running out of steam.

I'll be watching the 15m chart to see if the price will move back down to complete a tighter compression and produce the energy for a bigger move in this pair.

Currently still too much separation on all the other higher time frames. If the current move continues northward then the 15m chart will no longer be valid and higher tf's will be watched for potential compressions.

These are my observation of a phenomenon that seems to alway play out. When these multiple ema's go into compression, they always then separate and it is often explosive and unidirectional.

Dr. D.
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  • #172,844
  • Oct 4, 2009 9:38pm Oct 4, 2009 9:38pm
hope can hit 1.6120 before afternoon.......
  • #172,845
  • Oct 4, 2009 9:40pm Oct 4, 2009 9:40pm
Quoting iskk_1
hope can hit 1.6120 before afternoon.......
Mama needs a new pair of shoes?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #172,846
  • Oct 4, 2009 9:42pm Oct 4, 2009 9:42pm
Looks like up move is losing steam
  • #172,847
  • Oct 4, 2009 9:44pm Oct 4, 2009 9:44pm
Quoting Magix
I kinda figured that Alpha, I was there on Thursday, hoping that support held in my favor...Sadly, it did not.

I wasn't offended by what Chris said, .
Actually Magix, I apologize. I had no right to insinuate what I did. I just see so many folks posting wins without facts that I guess I just start to "assume". Well, like the old saying goes, I made an ass of myself and I'm sorry buddy. It was wrong of me to simply assume you were one of them.

I congratulate you on your wins and feel for you about the loss last week. I'm big enough to admit when I'm wrong. Heck, if I wasn't, I'd spend a LOT of time lying to myself.....
Ghost Rider - WWTBMD?
  • #172,848
  • Oct 4, 2009 9:50pm Oct 4, 2009 9:50pm
Quoting albchr
Actually Magix, I apologize. I had no right to insinuate what I did. I just see so many folks posting wins without facts that I guess I just start to "assume". Well, like the old saying goes, I made an ass of myself and I'm sorry buddy. It was wrong of me to simply assume you were one of them.

I congratulate you on your wins and feel for you about the loss last week. I'm big enough to admit when I'm wrong. Heck, if I wasn't, I'd spend a LOT of time lying to myself.....
Apology accepted, although really not necessary.

I understand your frustrations, have been at the game and in the forums long enough to know exactly what you are talking about. I did want to set things straight, not to make you feel bad, but more so to say that I take a hit every now and again too,(lately its been again and again).

I know you're a good guy Chris, have been following not only your trades but your trials and tribulations as well, can honestly say, not sure I would be able to cowboy up quite like you have.

Best of luck as always mango.

GROUP HUG!

buwahahahahahahaha!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #172,849
  • Oct 4, 2009 9:58pm Oct 4, 2009 9:58pm
Quoting Magix
Apology accepted, although really not necessary.

I understand your frustrations, have been at the game and in the forums long enough to know exactly what you are talking about. I did want to set things straight, not to make you feel bad, but more so to say that I take a hit every now and again too,(lately its been again and again).

I know you're a good guy Chris, have been following not only your trades but your trials and tribulations as well, can honestly say, not sure I would be able to cowboy up quite like you have.

Best of luck as always...
Ghost Rider - WWTBMD?
  • #172,850
  • Oct 4, 2009 9:59pm Oct 4, 2009 9:59pm
Quoting albchr
Actually Magix, I apologize. I had no right to insinuate what I did. I just see so many folks posting wins without facts that I guess I just start to "assume". Well, like the old saying goes, I made an ass of myself and I'm sorry buddy. It was wrong of me to simply assume you were one of them.

I congratulate you on your wins and feel for you about the loss last week. I'm big enough to admit when I'm wrong. Heck, if I wasn't, I'd spend a LOT of time lying to myself.....
wow i made 63,554 Z$

in just 1 minute !!!

by the way 1 USD = 63,554 Z$ [zimbabwe $]
  • #172,851
  • Oct 4, 2009 10:02pm Oct 4, 2009 10:02pm
Quoting M1g
Not sure if anyone has posted this news already but here goes anyway.

Banks 'show first recovery signs'
that is called creative accounting .. not recovery
Blogging daily now at www.volume.zone
  • #172,852
  • Oct 4, 2009 10:04pm Oct 4, 2009 10:04pm
Quoting forexlion
wow i made 63,554 Z$

in just 1 minute !!!

by the way 1 USD = 63,554 Z$ [zimbabwe $]
LOL....come let's join the group hug as well
(In the most straightest way...non ala brokeback mountain)
  • #172,853
  • Oct 4, 2009 10:05pm Oct 4, 2009 10:05pm
Quoting malcolmb14
that is called creative accounting .. not recovery
stuff all losses into 1 single month

change accounting year

and lo !! you are suddenly in huge profits !!!!!!!

banks are recovering !!!!!!


  • #172,854
  • Oct 4, 2009 10:06pm Oct 4, 2009 10:06pm
OK, added 5988 short here. Still think this puppy is going

OK really, sleep now...LOL
Ghost Rider - WWTBMD?
  • #172,855
  • Oct 4, 2009 10:08pm Oct 4, 2009 10:08pm
Just hadda closer look at my charts, looks like EU has not filled its gap, needs to dump back and close the door. Taking a short here, closed my GU long....

Off ta bed fer this fella.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #172,856
  • Oct 4, 2009 10:12pm Oct 4, 2009 10:12pm
Quoting Alpha Hamste
LOL....come let's join the group hug as well
(In the most straightest way...non ala brokeback mountain)
look the principle is very simple, give respect to women and they will give you their respect.
  • #172,857
  • Oct 4, 2009 10:13pm Oct 4, 2009 10:13pm
Also added short at 1.5985 let see
  • #172,858
  • Oct 4, 2009 10:15pm Oct 4, 2009 10:15pm
Quoting forexlion
look the principle is very simple, give respect to women and they will give you their respect.
sure.. how about one Soccer game ??

Argentina... maybe ??
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  • #172,859
  • Oct 4, 2009 10:15pm Oct 4, 2009 10:15pm
Quoting malcolmb14
that is called creative accounting .. not recovery


I've been using these methods on my wife for many
years balancing the books on my golf expenditures.

Dr. D.
  • #172,860
  • Oct 4, 2009 10:26pm Oct 4, 2009 10:26pm
Quoting Pyramus
Also added short at 1.5985 let see
so far it time for me thinking about going short now.. let see what happen when london open,,
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