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Cable Update (GBPUSD)

  • #185,681
  • Dec 3, 2009 2:49am Dec 3, 2009 2:49am
for those who count on short, there is a theory : 1.6660 - 1.6630 - 1.6600, breaking each line will increase the power of short, and 1.6600 breaking will be final break...

http://www.buzzfocus.com/wp-content/...k-final-br.jpg
  • #185,682
  • Dec 3, 2009 2:51am Dec 3, 2009 2:51am
Quoting Magix
Nicely done!

I have been watching your forecasts, you have been kicking some serious ass.

Way to go Brother!
Thanks bro.. just mt lucky days. Your kickin ass too

GL guys~!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #185,683
  • Dec 3, 2009 2:52am Dec 3, 2009 2:52am
Quoting aim
76% fib of that is 1.6731. Anyway how did you pivot 1.6720 calculate?
You're charts may be different than mine. It was from 1.6876 to 1.6267 approx. on the 1 hr. chart.

The pivot points came from ###Auto Pivot but I don't know which calculations they are using but I like them. ###Auto Pivot for metatrader.
  • #185,684
  • Dec 3, 2009 2:55am Dec 3, 2009 2:55am
Magix, When I grow up I want to be just like you... been trying to follow your system so I can kick some @$$ too.
  • #185,685
  • Dec 3, 2009 2:55am Dec 3, 2009 2:55am
M5 breaks 1.6677, let us see how next M15/M30/H1 close !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,686
  • Dec 3, 2009 2:59am Dec 3, 2009 2:59am
Quoting Pip26
Hello friends,

i am a newbie so please can somebody guide me about trendline trading. what is the best TF for trendlines if we r targeting 80-150 pips?

any experienced and honest guideline. I hope i will learn a lot from this thread.
4H TF for that amount of pip

1H - 30 - 50 pip

<1H TF - 10-25
Trade what you see. Write what you feel
  • #185,687
  • Dec 3, 2009 3:00am Dec 3, 2009 3:00am
Quoting manize
M5 breaks 1.6677, let us see how next M15/M30/H1 close !
we are behind the fox river walls (1.6660) => 666
  • #185,688
  • Dec 3, 2009 3:03am Dec 3, 2009 3:03am
Shit ... M15/ema50/62 give a barricade !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,689
  • Dec 3, 2009 3:06am Dec 3, 2009 3:06am
Quoting FXAdvice
we are behind the fox river walls (1.6660) => 666
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,690
  • Dec 3, 2009 3:08am Dec 3, 2009 3:08am
Quoting manize
Shit ... M15/ema50/62 give a barricade !
use bazooka soldier
  • #185,691
  • Dec 3, 2009 3:08am Dec 3, 2009 3:08am
Quoting Pip26
Hello friends,

i am a newbie so please can somebody guide me about trendline trading. what is the best TF for trendlines if we r targeting 80-150 pips?

any experienced and honest guideline. I hope i will learn a lot from this thread.
Being new to market is not an easy place to be...targeting 80-150 is tough if you havent been able to crunch down 8-15....true story.

A hold for 80-150 these days in any one direction is a crap shoot at best. A better chance for success if you want to see this kind of action is to work on 20-40 pips consistent trades and increase the lot size.

This makes for more real expectations.

Just my opinion.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,692
  • Dec 3, 2009 3:08am Dec 3, 2009 3:08am
Quoting e_piz
4H TF for that amount of pip

1H - 30 - 50 pip

<1H TF - 10-25

Thanx for this knowledge man
  • #185,693
  • Dec 3, 2009 3:11am Dec 3, 2009 3:11am
Quoting FXAdvice
use bazooka soldier
Sheik Mohammed horse already come !!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,694
  • Dec 3, 2009 3:11am Dec 3, 2009 3:11am
Quoting Magix
Being new to market is not an easy place to be...targeting 80-150 is tough if you havent been able to crunch down 8-15....true story.

A hold for 80-150 these days in any one direction is a crap shoot at best. A better chance for success if you want to see this kind of action is to work on 20-40 pips consistent trades and increase the lot size.

This makes for more real expectations.

Just my opinion.
I am already trading with breakout strategies but i also want to trade trendlines Daily/Hourly but dont know which strategy should i use. I tried some lines but dont have the confirmations when to enter the market and for how long. Any strategy u suggest?
  • #185,695
  • Dec 3, 2009 3:14am Dec 3, 2009 3:14am
Quoting Pip26
I am already trading with breakout strategies but i also want to trade trendlines Daily/Hourly but dont know which strategy should i use. I tried some lines but dont have the confirmations when to enter the market and for how long. Any strategy u suggest?
I trade with using multi time frames and selected moving averages for trends. Check my thread for info, see if it is something you can get your head around.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,696
  • Dec 3, 2009 3:15am Dec 3, 2009 3:15am
Quoting Magix
I trade with using multi time frames and selected moving averages for trends. Check my thread for info, see if it is something you can get your head around.
I check it for sure and thanx for your guideline i really appreciate it
  • #185,697
  • Dec 3, 2009 3:17am Dec 3, 2009 3:17am
I am enjoying my system so much ! Money number two ! Sofar + 30 pips !
Attached Image (click to enlarge)
Click to Enlarge Name: 031209.gif Size: 72 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #185,698
  • Dec 3, 2009 3:19am Dec 3, 2009 3:19am
Quoting manize
Sheik Mohammed horse already come !!!
yeah, that dumb ass behind all this move
  • #185,699
  • Dec 3, 2009 3:19am Dec 3, 2009 3:19am
Quoting 3dragz
You're charts may be different than mine. It was from 1.6876 to 1.6267 approx. on the 1 hr. chart.

The pivot points came from ###Auto Pivot but I don't know which calculations they are using but I like them. ###Auto Pivot for metatrader.
Could you pls attach your ###Auto Pivot indicator here?
  • #185,700
  • Dec 3, 2009 3:22am Dec 3, 2009 3:22am
Quoting manize
I am enjoying my system so much ! Money number two ! Sofar + 30 pips !
As long it can make a money.. u should enjoy it.. haha
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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