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Cable Update (GBPUSD)

  • #183,041
  • Nov 16, 2009 3:49am Nov 16, 2009 3:49am
Quoting T.E.Lawrence
I've just entered a small long - cable in is an up-trend on m15 and is being held by weekly pivot. Small position - we'll see.
?If you draw a TL I would say it broke the uptrend on a 15 min/dunno
  • #183,042
  • Nov 16, 2009 3:54am Nov 16, 2009 3:54am
Quoting Bernanke_Sr
I see a very good bearish opportunity for about 100 pips.
Aahh yes, Mr. Bernanke, I almost forgot your Strong Dollar Policy.
There are three kind of lies: lies, damned lies and statistics.
  • #183,043
  • Nov 16, 2009 3:54am Nov 16, 2009 3:54am
Quoting Fly2
?If you draw a TL I would say it broke the uptrend on a 15 min/dunno
If it's not fakeout I reverse my trade.
  • #183,044
  • Nov 16, 2009 3:55am Nov 16, 2009 3:55am
Think I'm placing another short soon and getting some zzz's/My spidey senses tell me bear.Waiting for the lil retrace first
  • #183,045
  • Nov 16, 2009 3:58am Nov 16, 2009 3:58am
Quoting Seismograph
Aahh yes, Mr. Bernanke, I almost forgot your Strong Dollar Policy.
well than.
let this be the last time you forget it
  • #183,046
  • Nov 16, 2009 3:59am Nov 16, 2009 3:59am
Quoting Bernanke_Sr
well than.
let this be the last time you forget it
All you have to do is say we will be raising interest rates by 10%!That should give us a nice Holiday pay.
  • #183,047
  • Nov 16, 2009 4:07am Nov 16, 2009 4:07am
Quoting Fly2
All you have to do is say we will be raising interest rates by 10%!That should give us a nice Holiday pay.
It was heads for raising the interest rates, I just flipped the coin and no heads sorry. Seems I will be cuting the rates by a further 10%
  • #183,048
  • Nov 16, 2009 4:08am Nov 16, 2009 4:08am
Quoting Bernanke_Sr
It was heads for raising the interest rates, I just flipped the coin and no heads sorry. Seems I will be cuting the rates by a further 10%
lol giving money away?all the more reason hehe
  • #183,049
  • Nov 16, 2009 4:11am Nov 16, 2009 4:11am
Quoting Bernanke_Sr
It was heads for raising the interest rates, I just flipped the coin and no heads sorry. Seems I will be cuting the rates by a further 10%
So well, go on for what you are waiting?
There are three kind of lies: lies, damned lies and statistics.
  • #183,050
  • Nov 16, 2009 4:14am Nov 16, 2009 4:14am
Quoting Seismograph
So well, go on for what you are waiting?
12:15pm USD
Fed Chairman Bernanke Speaks
  • #183,051
  • Nov 16, 2009 4:21am Nov 16, 2009 4:21am
O well GL on pips all/taking a break till later.Gotta use my Bruce Lee discipline heh.
  • #183,052
  • Nov 16, 2009 4:21am Nov 16, 2009 4:21am
next price action study as i promised. everybody is invited, details on my blog.
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  • #183,053
  • Nov 16, 2009 4:32am Nov 16, 2009 4:32am
Morning everyone,

Anyone know of a good MT4 demo account for dollar and pound index?

Any info would be very much appreciated.

Ta.
  • #183,054
  • Nov 16, 2009 4:37am Nov 16, 2009 4:37am
Quoting PipLand
Morning everyone,

Anyone know of a good MT4 demo account for dollar and pound index?

Any info would be very much appreciated.

Ta.
try windsor bro have all
  • #183,055
  • Nov 16, 2009 4:38am Nov 16, 2009 4:38am
Hi guys,

GU seems moving early this week....
On H4 I see clarly a resistance area with lower TL and upper green triangle side....
And was waiting a confirmation on M30 .....close below Ema(65) before entering short....so it's done now....pulled on trigger @1,66765....

But I remember trend is bullish and fundies too are bullish....so I'll stay with tight SL....and didn't load full size....that's what MM is used for...

BTW could be a very profitable trade.....my target being 1,65360

GL everyone and nice trading week
Non licet omnibus adire Corinthum
  • #183,056
  • Nov 16, 2009 4:39am Nov 16, 2009 4:39am
sorry forgot charts....
Attached Image (click to enlarge)
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Non licet omnibus adire Corinthum
  • #183,057
  • Nov 16, 2009 4:41am Nov 16, 2009 4:41am
4h update
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  • #183,058
  • Nov 16, 2009 4:43am Nov 16, 2009 4:43am
Quoting kill56
try windsor bro have all
ODL has evrything too...
Non licet omnibus adire Corinthum
  • #183,059
  • Nov 16, 2009 4:47am Nov 16, 2009 4:47am
Quoting javajames
ODL has evrything too...
Quoting kill56
try windsor bro have all
Cheers for the replies!

Got ODL, I must be pretty stupid but I can't find dollar index and Pound index on it?

I havent used MT4 in a good while, do you know the symbol for it in ODL?

Cheers.
  • #183,060
  • Nov 16, 2009 4:47am Nov 16, 2009 4:47am
Quoting Islander
I assume that you mean the drop in cable after it tested its 6750 / R1 / hourly descending TL - easy to see on the 1 min or 5 min chart and typical Frankies Hour / LO action.

I'm not certain if DT Price Analysis - its over 10 years since I took Robert's excellent course - gave that area as resistance but Time Analysis always alerts us to action at this time of the day.....http://cdn.forexfactory.com/images/icons/icon12.gif....check my posts elsewhere and you'll see how some of us trade at this time....
Yea I see what you mean. It was the sudden drop that I wasn'r expecting. I concentrate on higher time frames as I'm planning to take longer time frame trades in future. Time will tell. Always learning. I think the more I learn the more ignorant I realise I am.

Chum
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