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Cable Update (GBPUSD)

  • #203,081
  • Mar 3, 2010 3:42am Mar 3, 2010 3:42am
Quoting Magix
Closed here...out of patience and time for bed....enjoy london...

Good Job Bro,
You are better than me.
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  • #203,082
  • Mar 3, 2010 3:45am Mar 3, 2010 3:45am
Quoting Magix
FXsolutions UK
Hi magix; have they fixed all the bugs they use to have in their charts yet? How you finding them ok?? They were never compatible with my pc and kept crashing; freezing; etc etc...
  • #203,083
  • Mar 3, 2010 3:48am Mar 3, 2010 3:48am
Quoting TrueBlue
Hi magix; have they fixed all the bugs they use to have in their charts yet? How you finding them ok?? They were never compatible with my pc and kept crashing; freezing; etc etc...
When they changed the US platform it was buggy as it gets..platform only.
I switched to UK, no issues.

They have meta charts now, and I am all good with them, before they had that accuchart crap...it was total shit.

Their meta's shit the sheets every once in a while..but haven't worked with one yet that didn't...so, overall...I give em a B+...

I would like better spreads, but like the service and platform..so, until I find something I like better..I stay.

Do I know you from SHO, TB?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,084
  • Mar 3, 2010 3:51am Mar 3, 2010 3:51am
Quoting Ctic
Agreed, but I figured I would chance. My entry is 1.4860 w/ sl at 1.4865. I can't really get hurt now.
This trade still looking good, but have to break the 1.5070 mark to see continued upmovement IMHO. I think we will, then 5100. My target is 5600, but I am adjusting stops along the way.
  • #203,085
  • Edited 4:31am Mar 3, 2010 4:06am | Edited 4:31am
Quoting Baby-Trader
I don't know why when I look at charts I see the way to 1.5820.

Can anyone answer me ????
You have 8 vouches so I suppose you know how to post a chart? A lot of people here are gambling. Are you one of those?
Gone to a better place
  • #203,086
  • Mar 3, 2010 4:07am Mar 3, 2010 4:07am
t/p hitted
  • #203,087
  • Mar 3, 2010 4:08am Mar 3, 2010 4:08am
Quoting Magix
When they changed the US platform it was buggy as it gets..platform only.
I switched to UK, no issues.

They have meta charts now, and I am all good with them, before they had that accuchart crap...it was total shit.

Their meta's shit the sheets every once in a while..but haven't worked with one yet that didn't...so, overall...I give em a B+...

I would like better spreads, but like the service and platform..so, until I find something I like better..I stay.

Do I know you from SHO, TB?
Nah man, been round FF for years, but only just began posting. SHO?? So they finally dropped those accuchart eh...why does that not surprise me!!
  • #203,088
  • Mar 3, 2010 4:09am Mar 3, 2010 4:09am
Quoting TrueBlue
Nah man, been round FF for years, but only just began posting. SHO?? So they finally dropped those accuchart eh...why does that not surprise me!!
They still offer them..but totally useless. The platform charts are better.

Used to know another trader, stocks, a few years back, same nick.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,089
  • Mar 3, 2010 4:14am Mar 3, 2010 4:14am
Quoting SashaP
where is support?
1.4890
close above it 2day, make the pair go up for correction
and it is better to wait for the weekly close
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  • #203,090
  • Mar 3, 2010 4:15am Mar 3, 2010 4:15am
Quoting smikester
You have 6 vouches so I suppose you know how to post a chart? A lot of people here are gambling. Are you one of those?
they are 8 bro
  • #203,091
  • Mar 3, 2010 4:16am Mar 3, 2010 4:16am
Quoting smikester
You have 6 vouches so I suppose you know how to post a chart? A lot of people here are gambling. Are you one of those?
Give me your vouch and I'll send you the reason on the chart.
  • #203,092
  • Mar 3, 2010 4:17am Mar 3, 2010 4:17am
Quoting smikester
You have 6 vouches so I suppose you know how to post a chart? A lot of people here are gambling. Are you one of those?
Sir,
Excuse me, for Corrections your wrote.
Baby-Trader have 8 Vouch, Now...
Always looking the GREAT, never left GOOD Point...
  • #203,093
  • Mar 3, 2010 4:18am Mar 3, 2010 4:18am
Quoting smikester
You have 6 vouches so I suppose you know how to post a chart? A lot of people here are gambling. Are you one of those?
man we are all here gamblers BT one of the best on charts dont u see we are all on crackforex

go here u will find his charts


http://www.forexfactory.com/showthread.php?p=3465735
  • #203,094
  • Mar 3, 2010 4:31am Mar 3, 2010 4:31am

GBP/USD
(GBP/HKD)




U.K. PMI construction index fell to 48.5 in February, worse-than-estimates, which suppressed the pound.



As the GBP/USD gave away the 1.4986 resistance, the pair may climb to 1.5260 in the short term. Support may be at 1.4780.

Cautiously
Bullish
Forecast 1.5500 Support 1.4780 Res 1.4986



  • #203,095
  • Mar 3, 2010 4:44am Mar 3, 2010 4:44am
thks for your answers
  • #203,096
  • Edited 5:10am Mar 3, 2010 4:54am | Edited 5:10am
My chart is ugly..hahaha..so no need to post..

I see 1.5100 is coming anytime soon..or, maybe it's too early, but i would dare to say that she'll try to close the monday's gap..tommorow might be
  • #203,097
  • Mar 3, 2010 4:57am Mar 3, 2010 4:57am
Currently I can't post my charts because I'm at work.
But I'll give you an exercise and apply it on your daily chart.
this exercise based on Tomas Demark Sequential system.

I'll post my analysis and charts when back to home.
see the attached file for more info

Tomas Demark Sequential system

Thomas DeMark's Sequential (tm) System

Basically the criteria are as enumerated below, however, to appreciate the rational and nuances you are urged to read Ch. 7 of his book. The system is divided into three distinct stages, A. Set up, B. Count Down, and C. Entry.

A. Set Up Criteria

1. For a Buy signal. Nine consecutive daily price closes which are lower than the close four days earlier.
For a Sell signal. Nine consecutive daily price closes which are higher than the closes four days earlier.
2. An Absolute Prerequisite
The day prior to the first day of a nine consecutive set up sequence must:
for a buy signal have a close higher than or equal to the close four days earlier,
for a sell signal have a close lower than or equal to the close four days earlier.

B. Count Down

For a buy signal, following the successful completion of the count down we wait for thirteen closes which are lower than the close two days earlier (not consecutive, in fact extremely unlikely to be so).
For a sell signal, after successful set up, wait for thirteen closes which are higher than the close two days earlier.

C. Entry

On successful completion of set up and count down we now have a choice:
a) Enter on the close of the day that the count down is completed, i.e. the close of the thirteenth defined close. This is the most aggressive and highest risk entry but most closely approximates the exact high or low of the trend about to be reversed. However, it is the entry most likely to be whipsawed if the Sequential fails.
Entry after reversal
b) On a close higher for a buy (lower for a sell) than a close four days earlier after the count down has been concluded, i.e. post reversal.
c) On a close higher for a buy (lower for a sell) than the high (low) two days earlier after conclusion of the count down, i.e. a compromise between a) and b).
Attached File(s)
File Type: doc Thomas DeMark SS.doc   66 KB | 1,941 downloads
  • #203,098
  • Mar 3, 2010 6:19am Mar 3, 2010 6:19am
If I were a betting man I'd go go long..but as I'm not I'll wait until at least 55 is broken!
  • #203,099
  • Mar 3, 2010 6:21am Mar 3, 2010 6:21am
Hi all,

Well looks like she is struggling to break through the 1.5060 - 70 region, hope she does so soon, I have been long since 15037 and was hoping for a push up to atleast 1.51xx today, I know we are still bearish on cable, but I am shooting for a pullback on the action so far atleast to the 50% which is close to the 1.53 mark.

Starting to think that this may just become a range today, however there is some USD news which may move the market, in what direction is anyones guess!

Best of Luck!
  • #203,100
  • Mar 3, 2010 6:34am Mar 3, 2010 6:34am
Quoting antic81
Hi all,

Well looks like she is struggling to break through the 1.5060 - 70 region, hope she does so soon, I have been long since 15037 and was hoping for a push up to atleast 1.51xx today, I know we are still bearish on cable, but I am shooting for a pullback on the action so far atleast to the 50% which is close to the 1.53 mark.

Starting to think that this may just become a range today, however there is some USD news which may move the market, in what direction is anyones guess!

Best of Luck!

I don't GU has the powaahh to push through this resistance but that's my feelings. Best of luck.
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