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Cable Update (GBPUSD)

  • #176,461
  • Oct 15, 2009 2:40am Oct 15, 2009 2:40am
Quoting legacy
The old hag seems to want to go higher. She won't give an entry long so guess we have to wait for a sell signal. Selfish old bag.
Depends which t/f you are on, 1min hidden divergence re-entry set-up (into next higher t/f trend+ after the pullback) just developed to give a 6105ask entry...a quick +20pips ...not holding for any extened gain/target as price has again reached the potential sbr zone shown on my post before this one, although sentiment is obviously bullish.. Will find a re-entry set-up above this potential sbr if price buys above it and such a set-up develops.

G/L

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ex member
  • #176,462
  • Oct 15, 2009 2:41am Oct 15, 2009 2:41am
I had 6 different accounts....five accounts were risk accounts and i was saving.....and now i only have my saving account left......
  • #176,463
  • Oct 15, 2009 2:41am Oct 15, 2009 2:41am
Quoting DeadCowboy
Why look to short without a valid signal. There is no closed bars in PA that suggest stop and short yet.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,464
  • Oct 15, 2009 2:42am Oct 15, 2009 2:42am
I was hoping to see an H4 pin this bar... 15 min to close... I doubt it. Guess I'm off to bed. No trade for me.

Que
Que
  • #176,465
  • Oct 15, 2009 2:43am Oct 15, 2009 2:43am
Quoting Fx1618
I have that fuzzy feeling that if I wake up we will be lower...
Wow, was I wrong on this one.... Still learning Trendlines, Fibs etc, so luckily I have not taken the trade to the south....

Come to mention it... the more I practise the luckier I get

Quoting Fx1618
Long @ 1.6006
SL moved to 1.6009
  • #176,466
  • Oct 15, 2009 2:44am Oct 15, 2009 2:44am
Quoting wormboy
why thank you for pointing that out. I did not know this had been a clear uptrend, duh
And yes, I talk about my position. And I wasn't even talking to you. So I do not see your point.
Its quite evident that you didn't see the uptrend otherwise you wouldn't have been selling into it and keeping getting stopped out. I have no great desire to talk to you either but when you post in a public forum then every reader is your potential addressee.
Nothing personal against you and i do not wish to get into a childish slanging match. Learn to accept different opinions and i wish you good trading.
  • #176,467
  • Oct 15, 2009 2:47am Oct 15, 2009 2:47am
Watch out for the resistance in this area. look at H4
good luck
  • #176,468
  • Oct 15, 2009 2:48am Oct 15, 2009 2:48am
Quoting Que
I was hoping to see an H4 pin this bar... 15 min to close... I doubt it. Guess I'm off to bed. No trade for me.

Que
Nice one Sir, same with you, no SHORT for me yet, seems like it's a raging BULL. No pin BAR on H4 unless it will spike down within 10 mins before 4 hr candle closes LOL.

On the sideline...
My edge ===> Patience
  • #176,469
  • Oct 15, 2009 2:49am Oct 15, 2009 2:49am
salam hi all
wormboy what u think about the dooomed doller
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  • #176,470
  • Oct 15, 2009 2:55am Oct 15, 2009 2:55am
Cable now testing Daily 50 EMA, let's see PA here.
My edge ===> Patience
  • #176,471
  • Oct 15, 2009 2:55am Oct 15, 2009 2:55am
updated chart.
cci 12
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  • #176,472
  • Oct 15, 2009 2:57am Oct 15, 2009 2:57am
The bitch took me out short again at

1.6159.. SL.. 1.6230... TP ... open

Heres' why...
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,473
  • Oct 15, 2009 2:59am Oct 15, 2009 2:59am
gbp touch hard resistance line and daily MV50 hard to pass it ready to fall
be careful about buying
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  • #176,474
  • Oct 15, 2009 3:00am Oct 15, 2009 3:00am
Quoting Ben920FX
Cable now testing Daily 50 EMA, let's see PA here.
Lets see Daily 200EMA first
  • #176,475
  • Oct 15, 2009 3:01am Oct 15, 2009 3:01am
Quoting doubledutch
Its quite evident that you didn't see the uptrend otherwise you wouldn't have been selling into it and keeping getting stopped out. I have no great desire to talk to you either but when you post in a public forum then every reader is your potential addressee.
Nothing personal against you and i do not wish to get into a childish slanging match. Learn to accept different opinions and i wish you good trading.

mate.. it is up to him, and his system.. personality.. you cant tell to anyone how to manage his account - trades...

there are:

1. TREND traders... following the trend...
2. COUNTER trend Traders... picking the reversal points.. or trading retracements.
3. BREAKOUT trades.....
4. RANGE Trades.. inside the patterns (Flags, rectangles, triangles, wedges, ...ect)

THEN Time Frame...

1. Positioning
2. Swinging
3. Scalping...

And what kind of trader you are really depends of your time dedicated to your trades as well as your personality.. I don't think that anyone can tell which way is the best one for trading..

BTW.. regards EUR... I collect over 300p this week in few trades shorting EUR... and Im going to do everytime time the same whenever I see a setup for shorting... Nothing wrong here...

Cheers.. and trade your charts...!
  • #176,476
  • Oct 15, 2009 3:01am Oct 15, 2009 3:01am
Quoting Bull_Bear
The bitch took me out short again at

1.6159.. SL.. 1.6230... TP ... open

bro she is a f;;;;ken dam first class b;;;;;;h she cleanned out all the stops
  • #176,477
  • Oct 15, 2009 3:01am Oct 15, 2009 3:01am
Quoting Bull_Bear
Ok, long taken off the table at 1.6100...

2 x 98 = 196pips

Revering short @ 1.6100.. SL.. 1.6150.. TP.. open
2 x 50 = -100pips loss
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,478
  • Oct 15, 2009 3:02am Oct 15, 2009 3:02am
Quick one chaps...just wondering about the TF's here, a few people have mentioned that their 4 hour was closing in 10 mins...thing is mine is still 2 hours left...is this down to the server from the broker you are using?

I always thought they were all standard?

Maybe a daft question, but just wondering!
  • #176,479
  • Oct 15, 2009 3:02am Oct 15, 2009 3:02am
Quoting Bull_Bear
The bitch took me out short again at

1.6159.. SL.. 1.6230... TP ... open

Heres' why...
Do I have to repeat myself to you????....lol wait for it. Sorry bout your stop.
  • #176,480
  • Oct 15, 2009 3:04am Oct 15, 2009 3:04am
Quoting gammase1
The determination of trend depends on your prefered t/f, obviously. In my chosen method of trading we're back in a range. I don't see enough to warrant me taking a position in cable, nothing which I deem to be of high enough probability, so I trade elsewhere.

As for predicting 700 pip moves, in my mind real world dynamics will come into play and spoil many such forecast.
just a 1000% with you....wise traders are'nt all dead
Non licet omnibus adire Corinthum
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