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Cable Update (GBPUSD)

  • #172,961
  • Oct 5, 2009 5:05am Oct 5, 2009 5:05am
Quoting nAVIN2007
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them, i only do it cause picture paint a thousand words and i cant be bothered to type..if people are ok with this, then i will do it otherwise i can just stop..

but please for god sake understand i get it wrong mostly is just when i do get it right i hold a position enough to wipe out most of the loses..

win loss rate aint good.....so think twice b4 u enter cause i short..and dont blame me



yep am banking on this 4hr...
Actually I dont.. and im with you... I posted today..

Quoting Piters
the breakout is very close; PA between this chanel and 50EMA [4h]


http://www.forexfactory.com/showpost...stcount=172916

Quoting Piters
Could be a reversal.. [I dont know..]

but looking at the chart.. SO FAR .. this PA looks to me as a consolidation.. Wedge formation in down trend..

I would start thinking on Higher levels, only after we clear 50 ema and UTL

[Charts]

http://www.forexfactory.com/showpost...stcount=201540

so.. unless we clear 50ema [4h] and wedge on both GY, GU.. Im actualy staying Short..

Cheers !

[Chart]
  • #172,962
  • Oct 5, 2009 5:08am Oct 5, 2009 5:08am
Will be holding this shorts till we break through 1.58 level.
  • #172,963
  • Oct 5, 2009 5:15am Oct 5, 2009 5:15am
1 hour Pa seems to be supporting the Shorties...Nav and Chris...
PA in your favour...

For me just gonna buy the dip at 29-35 zone...

Good Luck
Let Price determine your future!
  • #172,964
  • Oct 5, 2009 5:20am Oct 5, 2009 5:20am
Quoting Geppyg
1 hour Pa seems to be supporting the Shorties...Nav and Chris...
PA in your favour...

For me just gonna buy the dip at 29-35 zone...

Good Luck
Geppy how are you bro? I'm looking to possibly buy around 1.5880 zone. Right now I'm holding short....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,965
  • Oct 5, 2009 5:23am Oct 5, 2009 5:23am
Quoting nAVIN2007
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them, i only do it cause picture paint a thousand words and i cant be bothered to type..if people are ok with this, then i will do it otherwise i can just stop..

but please for god sake understand i get it wrong mostly is just when i do get it right i hold a position enough to wipe out most of the loses..

win loss rate aint good.....so think twice b4 u enter cause i short..and dont blame me



yep am banking on this 4hr remaining...

you did the right thing buddy, this thing is going to break 1.54. DO NOT COVER till then!
If it floats, flies, or f%^ks, rent it, it's cheaper.
  • #172,966
  • Oct 5, 2009 5:27am Oct 5, 2009 5:27am
Quoting Geppyg
1 hour Pa seems to be supporting the Shorties...Nav and Chris...
PA in your favour...

For me just gonna buy the dip at 29-35 zone...

Good Luck
I have to say Geppy I wish I could play both ways at the same time. I'd be doing the same as you while holding these shorts.

I am SO tempted to go with an offshore broker so I can. It just kills me to watch all these opposing setups on lower time frames and not be able to trade them.

If I could afford a second account I'd do that but that also doubles the margin requirements.
Ghost Rider - WWTBMD?
  • #172,967
  • Oct 5, 2009 5:29am Oct 5, 2009 5:29am
thanks guys..

am looking for reversal pin on dailly.....i think US news will decide the fate of this
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trade.gif Size: 27 KB
Click to Enlarge Name: trade2.gif Size: 29 KB
  • #172,968
  • Oct 5, 2009 5:32am Oct 5, 2009 5:32am
Quoting albchr
I think I have a new definition of PA....... Pitiful Action ....lol

Anybody watching any pairs that are actually doing anything?
I was going to say the same thing. You want more Pitiful Action, look at UJ, where most of my positions are atm...pissing me off that it is so freaking lazy today. It's like watching a documentary movie about turtle.
  • #172,969
  • Oct 5, 2009 5:37am Oct 5, 2009 5:37am
Quoting Alpha Hamste
I was going to say the same thing. You want more Pitiful Action, look at UJ, where most of my positions are atm...pissing me off that it is so freaking lazy today. It's like watching a documentary movie about turtle.
Turtles are interesting, and getting frustrated can cause bad trading decisions.
Probability Professor
  • #172,970
  • Oct 5, 2009 5:37am Oct 5, 2009 5:37am
Quoting Alpha Hamste
I was going to say the same thing. You want more Pitiful Action, look at UJ, where most of my positions are atm...pissing me off that it is so freaking lazy today. It's like watching a documentary movie about turtle.
Ghost Rider - WWTBMD?
  • #172,971
  • Oct 5, 2009 5:38am Oct 5, 2009 5:38am
Quoting Galation
Turtles are interesting, and getting frustrated can cause bad trading decisions.
Absolutely 100% true ...

OK you slug cable, BREAK 5923 this time will ya?
Ghost Rider - WWTBMD?
  • #172,972
  • Oct 5, 2009 5:41am Oct 5, 2009 5:41am
Quoting Galation
Turtles are interesting, and getting frustrated can cause bad trading decisions.
Bad choice of example, my bad It should be watching the wet paint dry, and peeling off after some years...that should be more like it
  • #172,973
  • Oct 5, 2009 5:44am Oct 5, 2009 5:44am
Quoting nAVIN2007
took a chance....

I have to be honest i really not comfortable posting my trades live, incase people are following them, i only do it cause picture paint a thousand words and i cant be bothered to type..if people are ok with this, then i will do it otherwise i can just stop..

but please for god sake understand i get it wrong mostly is just when i do get it right i hold a position enough to wipe out most of the loses..

win loss rate aint good.....so think twice b4 u enter cause i short..and dont blame me



yep am banking on this 4hr remaining...
nAVIN<<<<<<Not ony good trader but also PRINCE Moral
Morning bro
  • #172,974
  • Oct 5, 2009 5:48am Oct 5, 2009 5:48am
Quoting egkid
nAVIN<<<<<<Not ony good trader but also PRINCE Moral
Morning bro
thanks brother..
are u short.....so far its goin ok...i will feel a lot better when it break the support and holds
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.gif Size: 25 KB
  • #172,975
  • Oct 5, 2009 5:48am Oct 5, 2009 5:48am
This is what I am see-ing on 1hr atm in respect of potential supp/res/sbr/rbs factors...the coloured zones circled above and below price are co-existant with 4hr previous swing hi/lo zones.
Price sold off from london open 6024-5924 and the rally off 5924 foumd supply at 6000/05 area resilting in a 1hr pinbar and LH. (the grey wide dotted are breeched trend lines)

G/L with rest of session.

http://i34.tinypic.com/28it2fp.gif
ex member
  • #172,976
  • Oct 5, 2009 5:50am Oct 5, 2009 5:50am
Quoting nAVIN2007
thanks brother..
are u short.....so far its goin ok...i will feel a lot better when it break the support and holds
DAM Nav, you got a far better entry than me. But then, you always do. Good job...
Ghost Rider - WWTBMD?
  • #172,977
  • Oct 5, 2009 5:51am Oct 5, 2009 5:51am
Quoting nAVIN2007
thanks brother..
are u short.....so far its goin ok...i will feel a lot better when it break the support and holds
This my view and my trade and will not change till hit my tp or sl
http://www.forexfactory.com/showthre...55#post3115755
  • #172,978
  • Oct 5, 2009 5:54am Oct 5, 2009 5:54am
Quoting bbmac
This is what I am see-ing on 1hr atm in respect of potential supp/res/sbr/rbs factors...the coloured zones circled above and below price are co-existant with 4hr previous swing hi/lo zones.
Price sold off from london open 6024-5924 and the rally off 5924 foumd supply at 6000/05 area resilting in a 1hr pinbar and LH. (the grey wide dotted are breeched trend lines)

G/L with rest of session.

http://i34.tinypic.com/28it2fp.gif

hi tom, hope u doing well brother, im kinda thinking this scenero is playing out, sure would be nice..ABCD setup..
its the first descent retrace
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.gif Size: 29 KB
  • #172,979
  • Oct 5, 2009 6:00am Oct 5, 2009 6:00am
Good day to you,

I am closing my 1.5980 short- @ 1st target. I am not getting the "feel" right this morning. I will only re-enter short when the 50% line of the month range @ 1.5911 is broken with purpose.

Will be watching 1.5946 to see if price returns here and how price reacts around this level...

So - on the side for now.

Regards
  • #172,980
  • Oct 5, 2009 6:01am Oct 5, 2009 6:01am
Quoting albchr
DAM Nav, you got a far better entry than me. But then, you always do. Good job...
what price are u in at bro?
was kinda lucky..trigger friendly for short at the moment
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