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Cable Update (GBPUSD)

  • #191,121
  • Jan 6, 2010 10:28pm Jan 6, 2010 10:28pm
Quoting Ctic
As always Magix, exactly the same place I have it.
Against my better judgment and charts...

Holding long 1.5970, 1.5968, s/l set to 1.5930....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,122
  • Jan 6, 2010 10:29pm Jan 6, 2010 10:29pm
Quoting Accumulation
Out at 5965 manize. I'm happy.
Nice job bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,123
  • Jan 6, 2010 10:30pm Jan 6, 2010 10:30pm
STOP PECULATING NBOE RATE

AND READ HISTORY

THE LAST BOE MEETING WAS 0-0-9

WHICH MEANS RATE REMAINS 0.5% so why speculate on what it will be for no reason ?
  • #191,124
  • Jan 6, 2010 10:31pm Jan 6, 2010 10:31pm
bullish hammer formed on 30 min. and major support level, going long at 5967....
  • #191,125
  • Jan 6, 2010 10:31pm Jan 6, 2010 10:31pm
Quoting Magix
Against my better judgment and charts...

Holding long 1.5970, 1.5968, s/l set to 1.5930....
You may be ok here, I do see that we may get one more spike down so that it can hit the target fibs on the lower side for longer tf charts, then do the bounce up. Bottom line is I do believe that this over the next 4 hours will rise.
  • #191,126
  • Jan 6, 2010 10:32pm Jan 6, 2010 10:32pm
Quoting malcolmb14
news is 99% of time made up BS to manipulate markets everything one needs to know is in the charts

on my day trading chart 10 min there is support 1.6000 . possible buying coming in on dip to 1.5980 , just got to wait for next 10 min candle to see if there is a long set up.
cut the crap n go back to ur trading ...... lol
  • #191,127
  • Jan 6, 2010 10:34pm Jan 6, 2010 10:34pm
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  • #191,128
  • Jan 6, 2010 10:37pm Jan 6, 2010 10:37pm
Quoting Ctic
As always Magix, exactly the same place I have it.
A question if you don't mind. I'm trying to get my head around your fib expansion use. Do you take the last 4HR candle and look for an expansion of said candle to reach the 1.382% exp. or more provided it was close to the top or bottom of the previous daily candle?

Thx for your time!
It's Easy To Get In;.. It's Hard To Get Out
  • #191,129
  • Jan 6, 2010 10:42pm Jan 6, 2010 10:42pm
Quoting Magix
Against my better judgment and charts...

Holding long 1.5970, 1.5968, s/l set to 1.5930....
My SL 1.5910 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,130
  • Jan 6, 2010 10:42pm Jan 6, 2010 10:42pm
Quoting manize
My SL 1.5910 !
I feel like I am in good company now.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,131
  • Jan 6, 2010 10:44pm Jan 6, 2010 10:44pm
+30 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #191,132
  • Jan 6, 2010 10:46pm Jan 6, 2010 10:46pm
One lot closed for +24, holding the other, moved s/l to BE.

CHA CHING!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,133
  • Jan 6, 2010 10:52pm Jan 6, 2010 10:52pm
Quoting Magix
One lot closed for +24, holding the other, moved s/l to BE.

CHA CHING!
Well, +24 better then a kick in the pants...

Second lot, s/l hit

>>Shrugs shoulders<<....oh well
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,134
  • Jan 6, 2010 10:54pm Jan 6, 2010 10:54pm
Morning Guys,

howz it goin all?
  • #191,135
  • Jan 6, 2010 10:55pm Jan 6, 2010 10:55pm
going up ?
  • #191,136
  • Jan 6, 2010 11:00pm Jan 6, 2010 11:00pm
Quoting dil
going up ?
scalp for 5 to 10 pips on 1 min or 5 min charts

AND FORGET DIRECTION

JUST GRAB WHAT U GET
  • #191,137
  • Jan 6, 2010 11:04pm Jan 6, 2010 11:04pm
Quoting Magix
Well, +24 better then a kick in the pants...

Second lot, s/l hit

>>Shrugs shoulders<<....oh well
Here is that spike down I was talking about.
  • #191,138
  • Jan 6, 2010 11:08pm Jan 6, 2010 11:08pm
Quoting John D
A question if you don't mind. I'm trying to get my head around your fib expansion use. Do you take the last 4HR candle and look for an expansion of said candle to reach the 1.382% exp. or more provided it was close to the top or bottom of the previous daily candle?

Thx for your time!
Yes the first one is exactly what I do. I do it on multiple time frames though. I do this from the 15M up to the quarterly candles.
  • #191,139
  • Jan 6, 2010 11:09pm Jan 6, 2010 11:09pm
Quoting FXTheOne
Strong short signal given by ichimoku in 5m chart. Just went short at 6000
Move SL to BE. And i'm waiting for 1.5950 to be broken
  • #191,140
  • Jan 6, 2010 11:13pm Jan 6, 2010 11:13pm
Quoting Ctic
Here is that spike down I was talking about.
It was a shameful play on my part...shoulda just taken the money n run.

Always another play in the making...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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