Cable Update (GBPUSD)

great daaaaaaaaaaaarn

When one pattern fails to produce (15m),
look for another forming (30m).

Dr. D.

south ? north ? i am so confused
and i have a lot sell on demo account and it makes me nervous any losing possiblity, although it's a demo account ...

just come back.

EJ short stopped out at SL @122.83 +117 pips.

let's look at charts and find another opportunity.

Cable.
Don't be Deceived.

I'm waiting for a break-out either ways.
Patience guys.

I don't know why I'm thinking to short cable. mmmmm
Baby-Trader : stop stop trading what you think just trade what you see.

I came late to the charts and was immediately fixated
on the 15m looking at the lower EMA's (6 - 18) to drop
as they hovered well above a tight compression.

I never looked at this 5m which had all of the EMA's
bunching together earlier which accounted for the move
up that carried the price from 1.5615 - 1.5700's.

I shouldn't have entered short at 1.5683....so still I wait
within my range of tolerance.

Dr. D.

good...,make it like your own money handsome..., but don't to much have an entry...,try to have one but make it really2 on the TOP or Bottom (if you can...,and later you want to do that...)


@ others,
it's looks like so calm...,but when i see the quote bid and ask in some broker that i use...,the difference is about 6 pips....., ....what will happen...

already in @1.5704

Don't follow my bonehead move, although I did add more at 1.5695.

Dr. D.

im short on Gu 1.5691
target 300 pip
stop 100 pip

Cable looks ripe for a quick long right now me thinks.

based on what? We are currently in no mans land.. US session closed.. Asia not open yet.. PA at the moment is meaningless...

Also consider we are at or near the top of the range for the week, yes it could go higher, but it also could head back to 1.5580 as well.. i might consider a buy on a break of 1.5760 or there abouts, I am also looking for the short between here and 1.5750..

if this day candle (base on GMT) close right in 1.5704....,maybe i know the answer...., miss 1 pips maybe not...and forget it...
23.00 GMT close will be 1 hours and 20 minute again...

maybe i know the answer...., miss 1 pips maybe not...and forget it...
23.00 GMT close will be 1 hours and 20 minute again...[/quote]

I have lots of entries, because every time I supposed that this is the top I was searching

it is a dilemma. we know some certain things, trivial. every day, it has at least 100 pip range and even could be as 300 pips as high in one direction, and I want only a little of it, however I give back all what I have took all the day

maybe i should change my mind, and I should all of them

you know, what's I am afraid of, this cable starts an up trend from tomorrow to next friday. and the case is, I wanna close my entries as soon as possible..
I think I am behaving as I'am supposed by big brothers

I have a question, probably a stupid question.

Lets assume this is our top and will decreased some 70-80 pips . and my question comes here, there is a rise which starts in the evenig @ 4:00 pm in london time, from some 1,5600's, to 1,5700's, about 100 pip increase.
we know some very trivial thing , imbalance of support&demand causes this moves, but can we (not market markerts, only who has deposits around lets say 3000-5000-10,000 usd )cause such a big movement ? (please assume that this area is our top, and it will back tomorrow again @ 1,5600's)

I mean, as being the last chain of foodchain, how can we make the price up or down alltogether as long as we act in the same direction like an herd ?
(lets say all around the world , there are 1,000,000 million amateur trader who has average deposits 1000 usd, in sum; 1,000,000,000 usd)

yes, 1 billion dollar man can make the prices up or down about 100 pips ?

I said it is a stupid question

anyway, shame on me

we just a little fish in very big big ocean...,what we can do?

haha
ok i got the message.
lets survive, and enjoy the ocean

GU

http://www.forexfactory.com/showthre...=175198&page=4

What to do then when we see what we think we see?

Dr. D.

Eventhough the news for Euro and Pound is positive, we can see some selling right now preparing for the ISM tonight (11:00PM Manila time)

pon pon!
how do you all today