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Cable Update (GBPUSD)

  • #194,501
  • Jan 20, 2010 4:52am Jan 20, 2010 4:52am
by the way room any body using black dog
  • #194,502
  • Jan 20, 2010 4:52am Jan 20, 2010 4:52am
Quoting wormboy
My account bro
Account this for dragon bro....

Just like taking candy from a baby... lol

Love dragon
Attached Image (click to enlarge)
Click to Enlarge Name: Dragon.JPG Size: 116 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #194,503
  • Jan 20, 2010 4:52am Jan 20, 2010 4:52am
Wanna throw a topic to you guys! I found I'm really intrested in trading news releases, so far I've done it ok and I really wish I could understand how they work to fell more confident. For example todays news for cable. Imho those were excelent news, but the market seems not to think like that. Cable went north 20 pips and then bounced back to actual PA.
Can anyone please explain me why this happened today, while yesterdays rate of inflation news make a huuuuge impact, even in EUR/USD.
Thanks in advance guys!
  • #194,504
  • Jan 20, 2010 4:53am Jan 20, 2010 4:53am
Quoting Baby-Trader
H4 chart.
Looks pretty...
A. Finesse Williams Making Millions One Pip At A Time!
  • #194,505
  • Jan 20, 2010 4:55am Jan 20, 2010 4:55am
pending sell 6245 ; SL 6290

I assume it will falling down if pass daily S1 & previous low..

Attached Image
Patience + Discipline =
  • #194,506
  • Jan 20, 2010 4:55am Jan 20, 2010 4:55am
Quoting Ctic
PP PP PP Please Eddie, Don't give me to the weasles..
LOL... wots weasles?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #194,507
  • Jan 20, 2010 4:56am Jan 20, 2010 4:56am
Quoting maurofx
Wanna throw a topic to you guys! I found I'm really intrested in trading news releases, so far I've done it ok and I really wish I could understand how they work to fell more confident. For example todays news for cable. Imho those were excelent news, but the market seems not to think like that. Cable went north 20 pips and then bounced back to actual PA.
Can anyone please explain me why this happened today, while yesterdays rate of inflation news make a huuuuge impact, even in EUR/USD.
Thanks in advance guys!
Support and resistance.
A. Finesse Williams Making Millions One Pip At A Time!
  • #194,508
  • Jan 20, 2010 4:56am Jan 20, 2010 4:56am
Quoting Bull_Bear
Account this for dragon bro....

Just like taking candy from a baby... lol

Love dragon
Excellent stuff bro

We got almost identical entry on that. Check it out:
1. http://www.forexfactory.com/showpost...postcount=4359

Dragon's my biatch lol
Thank You
  • #194,509
  • Jan 20, 2010 4:58am Jan 20, 2010 4:58am
Quoting maurofx
Wanna throw a topic to you guys! I found I'm really intrested in trading news releases, so far I've done it ok and I really wish I could understand how they work to fell more confident. For example todays news for cable. Imho those were excelent news, but the market seems not to think like that. Cable went north 20 pips and then bounced back to actual PA.
Can anyone please explain me why this happened today, while yesterdays rate of inflation news make a huuuuge impact, even in EUR/USD.
Thanks in advance guys!
Do not put to much faith in the news. The news plays in with the charts. The big boys know the news before it is even released. I trade a fibonacci method system. I know people that trade compressions and others that trade patterns. This started it move up before the news was even close to being released. This is because it hit the 138.2 fib line and was due for a retracement. I am sure there was some patterns that needed to be filled and the compression patterns needed to recompress for its next move. If you trade the charts you should be able to trade the news.

Trade what you see, not what you think.
  • #194,510
  • Jan 20, 2010 4:59am Jan 20, 2010 4:59am
Quoting wormboy
Excellent stuff bro

We got almost identical entry on that. Check it out:
1. http://www.forexfactory.com/showpost...postcount=4359

Dragon's my biatch lol
Love your work Wormie...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #194,511
  • Jan 20, 2010 5:00am Jan 20, 2010 5:00am
Quoting maurofx
Wanna throw a topic to you guys! I found I'm really intrested in trading news releases, so far I've done it ok and I really wish I could understand how they work to fell more confident. For example todays news for cable. Imho those were excelent news, but the market seems not to think like that. Cable went north 20 pips and then bounced back to actual PA.
Can anyone please explain me why this happened today, while yesterdays rate of inflation news make a huuuuge impact, even in EUR/USD.
Thanks in advance guys!
did u see the doller indx its kicking azz
Attached Image (click to enlarge)
Click to Enlarge Name: usdix h4.gif Size: 16 KB
  • #194,512
  • Jan 20, 2010 5:04am Jan 20, 2010 5:04am
Quoting kill56
did u see the doller indx its kicking azz
Daily Update
Attached Image (click to enlarge)
Click to Enlarge Name: dx.gif Size: 21 KB
  • #194,513
  • Jan 20, 2010 5:06am Jan 20, 2010 5:06am
Quoting Bull_Bear
Love your work Wormie...
Ditto Q,

This 147.5 supp is all that's in the way from a huge payday
Thank You
  • #194,514
  • Jan 20, 2010 5:07am Jan 20, 2010 5:07am
Quoting Ctic
Do not put to much faith in the news. The news plays in with the charts. The big boys know the news before it is even released. I trade a fibonacci method system. I know people that trade compressions and others that trade patterns. This started it move up before the news was even close to being released. This is because it hit the 138.2 fib line and was due for a retracement. I am sure there was some patterns that needed to be filled and the compression patterns needed to recompress for its next move. If you trade the charts you should be able...
Tks for the advice man, I'm a fibo, S&R, pivot points and MA's trader. But I found news releases adn fundamentals incredible as they can create short term bounces that are worths being traded..or at least be aware of how they are gonna behave in order to avoid going against them.
That's really why I want to fully understand them.
Cheers bro!
  • #194,515
  • Jan 20, 2010 5:10am Jan 20, 2010 5:10am
Quoting Baby-Trader
Daily Update
bro we need an open at least h1 above 78 and all going south
  • #194,516
  • Jan 20, 2010 5:21am Jan 20, 2010 5:21am
Quoting wormboy
Ditto Q,

This 147.5 supp is all that's in the way from a huge payday
I'm banking her crashing to 1.4600... than we will collect....lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #194,517
  • Jan 20, 2010 5:32am Jan 20, 2010 5:32am
Quoting wormboy
What are your goals based on?
Is there a chart you could post to show why?
well...
Attached Image
  • #194,518
  • Jan 20, 2010 5:46am Jan 20, 2010 5:46am
Quoting Privet
well...
That's very nice.

But say I throw in another H1 which shows confluence of subltl breakout, fib level breakout & osc turning below 50 that would completely overhaul your view would it not?
My point is you need to at least explain why you drew levels from where you did in order for us to respond to your question.
"well..." as a description does not cut it I'm afraid
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.JPG Size: 98 KB
Thank You
  • #194,519
  • Jan 20, 2010 5:52am Jan 20, 2010 5:52am
another Daily GU chart
Attached Image (click to enlarge)
Click to Enlarge Name: gud.gif Size: 30 KB
  • #194,520
  • Jan 20, 2010 5:54am Jan 20, 2010 5:54am
Quoting Privet
well...
How do you trade off this chart? I'm trying to see what signals you are making your educated guesses from.
A. Finesse Williams Making Millions One Pip At A Time!
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