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Cable Update (GBPUSD)

  • #190,961
  • Jan 6, 2010 3:59am Jan 6, 2010 3:59am
Quoting TerpFan2
Ahh.. This whole...

"Game" Adie, lies many a ruin.
So, yeah, - i know, "That's real Encouraging"...

But on the idea of profit,
Taking profit is a real individual thing i'd say.
I think if you have it, technically it depends are you scalping,
are you going for chiseling some out of the Daily ATR, are you
going for some FibO pt's w/in all that, or support or Resistance
Pt's. -You have to decide.

So, i'd say the same stuff that may sound boring, but trade
your plan- That is, MAKE it your plan, make it YOUR gameplan.
& accept your responsibility...
Many Thanks terpfan
Guide me please
  • #190,962
  • Jan 6, 2010 4:01am Jan 6, 2010 4:01am
Quoting Baby-Trader
no?

(but already stopped out - did choose a close sl... would have been a good r:r ratio)
  • #190,963
  • Jan 6, 2010 4:02am Jan 6, 2010 4:02am
short @ 1.6050

target 1.59300

have a nice trading day
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #190,964
  • Jan 6, 2010 4:05am Jan 6, 2010 4:05am
Quoting negro wolf
short @ 1.6050

target 1.59300

have a nice trading day
Short 6100 on monday target 5900 and i wait , i wait , i wait....
  • #190,965
  • Jan 6, 2010 4:07am Jan 6, 2010 4:07am
by the way where is Gabriel?
Is he still alive ?
  • #190,966
  • Jan 6, 2010 4:18am Jan 6, 2010 4:18am
yeah, short here too from 601.

ciao!
Jacko's turtle
  • #190,967
  • Jan 6, 2010 4:25am Jan 6, 2010 4:25am
what is the suggested S.L for the short trades

mine is 1.6124
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #190,968
  • Jan 6, 2010 4:29am Jan 6, 2010 4:29am
Quoting negro wolf
what is the suggested S.L for the short trades

mine is 1.6124
my opinion is 6150 or 6160 S/L. for short positions
  • #190,969
  • Jan 6, 2010 4:31am Jan 6, 2010 4:31am
Quoting imphotep
my opinion is 6150 or 6160 S/L. for short positions

thanks for sharing

I recalculate it should be 1.6200

and i think it will not pass even 1.6080
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #190,970
  • Jan 6, 2010 4:34am Jan 6, 2010 4:34am
Look at the compression that has formed on the 1h.
Ripening for a major move. I can't figure out the
lower TF's. Any ideas anybody?

Dr. D.
Attached Image
  • #190,971
  • Jan 6, 2010 4:39am Jan 6, 2010 4:39am
Quoting negro wolf

thanks for sharing

I recalculate it should be 1.6200

and i think it will not pass even 1.6080
thank u.
Time will tell
  • #190,972
  • Jan 6, 2010 4:41am Jan 6, 2010 4:41am
Quoting negro wolf
thanks for sharing

I recalculate it should be 1.6200

and i think it will not pass even 1.6080
Above 1.6100 seems enough for me and even better for nice RR 1:2 ratio at least...mine is there cause i see 1.6080-90 resistance
COT: The precious data ignored
  • #190,973
  • Jan 6, 2010 4:50am Jan 6, 2010 4:50am
Quoting fourxtrader
Look at the compression that has formed on the 1h.
Ripening for a major move. I can't figure out the
lower TF's. Any ideas anybody?

Dr. D.
Well this was nice, my face was flat on my desk and I woke up to being positive on all trades. To answer your question, I do beleive that we should be in for the down. On the lower TF's may bounce back up one moret time but we will have to see. The next couple hours will tell.
  • #190,974
  • Jan 6, 2010 4:58am Jan 6, 2010 4:58am
Quoting zumzum
yeah, short here too from 601.

ciao!
Questo bambino dovrebbe fare cadere come una roccia
  • #190,975
  • Edited 5:21am Jan 6, 2010 5:05am | Edited 5:21am
Quoting Ctic
Questo bambino dovrebbe fare cadere come una roccia
Let's hope so.
It's Easy To Get In;.. It's Hard To Get Out
  • #190,976
  • Jan 6, 2010 5:28am Jan 6, 2010 5:28am
Hi Ctic,

Sorry for reposting this. I posted it last night but the forum had moved on to another page before it was released (being a newbie). So not sure if you saw it.

I've been reading your posts with interest and am slowly getting my head around your usage of multiple time-frame fibs. I've a couple of questions which I'm wondering if you could answer for me please?

1. As a session progresses, do you add additional fib indicators to your charts to reflect the movements over the newer time-frames?

2. At what stage would you remove your old fibs and add new ones? I'm assuming there are always historic fib levels that will play an important part at some stage in the future. But what would you recommend is the best way to keep these levels in view without clogging up charts? Is it as simple as a notepad?

Apologies if these questions are relatively basic but appreciate the assistance you are providing in your posts.

In fact, I really appreciate all the posts by other traders who are regularly providing useful tips and explanations. Many thanks to you all.

Cheers
Fatgeeza
  • #190,977
  • Jan 6, 2010 5:35am Jan 6, 2010 5:35am
Quoting Ctic
Questo bambino dovrebbe fare cadere come una roccia
all correct...but you don't need "fare" --->...dovrebbe cadere...

Very good man!
I'm waiting too! yesterday big loss...
Jacko's turtle
  • #190,978
  • Jan 6, 2010 5:40am Jan 6, 2010 5:40am
Quoting Ctic
Questo bambino dovrebbe fare cadere come una roccia
could you write it in english pleas?
  • #190,979
  • Jan 6, 2010 5:44am Jan 6, 2010 5:44am
well traders may take some news to get things rolling again , we have been skipping above todays open price for an hour now around the middle of the range, I have a small long posistion yet looking for a retest of todays high , have had a decent day here is wishing every one a successful day , time for a break , have enjoyed reading the posts thnx all
  • #190,980
  • Jan 6, 2010 5:44am Jan 6, 2010 5:44am
Quoting zumzum
all correct...but you don't need "fare" --->...dovrebbe cadere...

Very good man!
I'm waiting too! yesterday big loss...
So what is this. " This baby is going to fall like a rock" ??
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