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Cable Update (GBPUSD)

  • #197,741
  • Feb 2, 2010 9:49am Feb 2, 2010 9:49am
Quoting kill56
sorry for the loss man u will make it up hope soon
Its ok man 3 win 1 loss its ok i am happy on this bad day on Forex

Now wait my second trade to see what will hapen




Cheers
"Buy on fear, sell on greed !!!
  • #197,742
  • Feb 2, 2010 9:51am Feb 2, 2010 9:51am
the gap did not close yet it was 15983 or 15994
  • #197,743
  • Feb 2, 2010 9:52am Feb 2, 2010 9:52am
1.605
1.602
1.598
1.5972 ïîñëåäíÿÿ öåíà
1.59
1.585
1.578

http://www.tradingcentral.com/chart/...0202163618.gif
  • #197,744
  • Feb 2, 2010 9:52am Feb 2, 2010 9:52am
hi bro...can please explain to me what is GAP...?
I dont really understand that GAP....if in a chart will be better..(optional)

Thanks a million.

happy trading...
  • #197,745
  • Feb 2, 2010 9:53am Feb 2, 2010 9:53am
Quoting Petar_Serbia
Its ok man 3 win 1 loss its ok i am happy on this bad day on Forex

Now wait my second trade to see what will hapen




Cheers

all the luck bro green pips
  • #197,746
  • Feb 2, 2010 9:53am Feb 2, 2010 9:53am
Still currently Long from 1.5945. Yesterdays Daily Candle high was popped @ 1.5977. Will be looking for buying pressure to continue and drive price to try and reach resistance @ 1.6075 which is inside the inner levels of the last 4h Down Swing. I have now moved my Stop Loss and I have reduced the initial risk on this investment by 69.13%. Will continue to look for opportunities to reduce my risk or lock in profit as price moves.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-4h.jpg Size: 127 KB
  • #197,747
  • Feb 2, 2010 9:56am Feb 2, 2010 9:56am
Quoting Jagdev
hi bro...can please explain to me what is GAP...?
I dont really understand that GAP....if in a chart will be better..(optional)

Thanks a million.

happy trading...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp h1.gif Size: 31 KB
  • #197,748
  • Feb 2, 2010 9:58am Feb 2, 2010 9:58am
Quoting ravenbg
What caused this move guys?
IMO :

in a crisis condition : Good US DATA >> Stock&Commodity Down >> USD UP ( safe currency )

in good condition : Good US DATA >> Stock&Commodity UP >> USD DOWN ( money inflow into emerging market )
  • #197,749
  • Feb 2, 2010 10:00am Feb 2, 2010 10:00am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Acc,

what's the difference between this VSA indicator and better volume?
I had both but I can't recognize much.


ta
ams

Quoting Accumulation
Attachment
  • #197,750
  • Feb 2, 2010 10:00am Feb 2, 2010 10:00am
Should I close my short or close it please advice. Thanks
  • #197,751
  • Feb 2, 2010 10:00am Feb 2, 2010 10:00am
Quoting Jagdev
hi bro...can please explain to me what is GAP...?
I dont really understand that GAP....if in a chart will be better..(optional)

Thanks a million.

happy trading...
hi bro

a gap when the market open on sunday with up or down from the closing price at friday night
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 19 KB
  • #197,752
  • Feb 2, 2010 10:05am Feb 2, 2010 10:05am
Quoting ams
Acc,

what's the difference between this VSA indicator and better volume?
I had both but I can't recognize much.


ta
ams
Not much, just some text like the % bar complete and average volume (not shown on my chart as I have it minimized)
  • #197,753
  • Feb 2, 2010 10:05am Feb 2, 2010 10:05am
FXstreet.com (Córdoba) – The Pound recently rose to 1.5981, reaching a fresh intra-day high against the Dollar. GBP/USD found support at 1.5920 and rose above the resistance zone that lies at 1.5970 (yesterday’s high). On the upside, resistance levels could be located at 1.6020 and above at 1.6070 (Jan 22 low). To the downside, support levels lie at 1.5900 (intra-day low) and below at 1.5845 (Feb 1 low).

According to Valeria Bednarik, collaborator at FXstreet.com “the 1.5900 zone could act as a support but once broken considerer further falls,”. “Pair needs to consolidate above 1.5950 for a possible re test of 1.5970. A break above could send the pair to 1.6020,” Valeria affirms
  • #197,754
  • Feb 2, 2010 10:05am Feb 2, 2010 10:05am
is there any expert for MT4 which close all positions according to equity?

if equity = X then close all positions?
  • #197,755
  • Feb 2, 2010 10:08am Feb 2, 2010 10:08am
68 pips easily without deep thinking just traded what saw with 1.30 uerusd in mind
  • #197,756
  • Feb 2, 2010 10:09am Feb 2, 2010 10:09am
Quoting peyman
is there any expert for MT4 which close all positions according to equity?

if equity = X then close all positions?

yes bro and its here search the forum here if not i will post it
  • #197,757
  • Feb 2, 2010 10:10am Feb 2, 2010 10:10am
Quoting intrepid1
Should I close my short or close it please advice. Thanks
You shouldn't be in the trade if you're asking others what to do with it.
  • #197,758
  • Feb 2, 2010 10:12am Feb 2, 2010 10:12am
Quoting Liquid
You shouldn't be in the trade if you're asking others what to do with it.
Obvious words of wisdom!
  • #197,759
  • Feb 2, 2010 10:13am Feb 2, 2010 10:13am
Quoting Liquid
You shouldn't be in the trade if you're asking others what to do with it.
my SL was 1.5995 which didnt hit. I enter short 1.5940. Since the price is come down so I thought it might be a good idea to close.
  • #197,760
  • Feb 2, 2010 10:13am Feb 2, 2010 10:13am
Quoting ZeroPip
Going long now... targeting 40 pips 1.5970...
40 pips earned... but i will wait to enter short... good day everyone!!!
... All good things come to those who wait...
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