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Cable Update (GBPUSD)

  • #203,661
  • Mar 5, 2010 2:13am Mar 5, 2010 2:13am
Quote
Trading simple way,

Peter

Great chart Peter. Simple, beautiful and elegant chart.
  • #203,662
  • Mar 5, 2010 2:15am Mar 5, 2010 2:15am
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,663
  • Mar 5, 2010 2:23am Mar 5, 2010 2:23am
Quoting Magix
Excellent entry buddy Bounced off yesterday's low & double dipped on the m5. Hope you're holding on.
Good luck!

edit: woops, didn't see the "closed" column. Excellent stuff!
Thank You
  • #203,664
  • Mar 5, 2010 2:26am Mar 5, 2010 2:26am
Quoting ams
Could you please let me know of any broker with currency indicies (dollar, pound etc) in their demo mt4 ?
ams
hi ams, try Windsor brokers, I remember the indexes were there, but you have to manually enter thr index you are looking for in the market watch window
  • #203,665
  • Mar 5, 2010 2:27am Mar 5, 2010 2:27am
Quoting ams
Folks,


Could you please let me know of any broker with currency indicies (dollar, pound etc) in their demo mt4 ?


Thanks
ams
Ams, try broco trader. They have a stack of instruments including DX. You can even chart oats for breakfast, lean hogs for lunch, pork bellies for dinner and top the day off with a cocoa chart before bedtime

specs here :-

http://www.brocompany.com/trading-pl...fd-on-futures/
  • #203,666
  • Mar 5, 2010 2:30am Mar 5, 2010 2:30am
Quoting wormboy
Excellent entry buddy Bounced off yesterday's low & double dipped on the m5. Hope you're holding on.
Good luck!

edit: woops, didn't see the "closed" column. Excellent stuff!
5 pip spread, I missed bottom by 1 pip...

Trade still open, close is column to let me know what price is available for close.

IF we close below the 24SMA on 5m, I will exit the trade, otherwise...I think I will hold onto this for a while.

24SMA support on 4hr chart seems to be holding, might well see if this boat gotta little more steam.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,667
  • Mar 5, 2010 2:35am Mar 5, 2010 2:35am
It would be a good thing to break up the pivot daily at .5054.
I think we're gonna make it !
  • #203,668
  • Mar 5, 2010 2:43am Mar 5, 2010 2:43am
Quoting Magix
5 pip spread, I missed bottom by 1 pip...

Trade still open, close is column to let me know what price is available for close.

IF we close below the 24SMA on 5m, I will exit the trade, otherwise...I think I will hold onto this for a while.

24SMA support on 4hr chart seems to be holding, might well see if this boat gotta little more steam.

Good stuff. Earlier highs could possibly be met methinks. It was all too easy to break yesterday's low before the nfp or at least the ppi data. Hope no one fell for the bait and sold the whole farm
Thank You
  • #203,669
  • Mar 5, 2010 2:45am Mar 5, 2010 2:45am
Quoting wormboy
Good stuff. Earlier highs could possibly be met methinks. It was all too easy to break yesterday's low before the nfp or at least the ppi data. Hope no one fell for the bait and sold the whole farm
Nah, been building longs since the beginning of the week.
  • #203,670
  • Mar 5, 2010 2:51am Mar 5, 2010 2:51am
Quoting Ctic
Nah, been building longs since the beginning of the week.
Must be sitting on some nice profits
I got nothing to do, no trades, went out to hike, came back, watched american chopper (i think that shit is scripted) then left with nothing to do. So i decided to come online and clutter
Thank You
  • #203,671
  • Mar 5, 2010 3:06am Mar 5, 2010 3:06am
Quoting wormboy
Must be sitting on some nice profits
I got nothing to do, no trades, went out to hike, came back, watched american chopper (i think that shit is scripted) then left with nothing to do. So i decided to come online and clutter
Not to bad, but went small due to the massive drop we had over the past couple months. At least I can not go negative

long 4860 (.1) sl amended to 4970
long 4890 (.4) sl amended to 4970
long 4953 (.3) sl amended to 4970
long 5010 (.2) sl amended to 4970
  • #203,672
  • Mar 5, 2010 3:13am Mar 5, 2010 3:13am
The GU is testing the resistance at .5065 ( fib retracement 161.8 /4h) , wich is very close to the pivot daily at .5054
  • #203,673
  • Mar 5, 2010 3:16am Mar 5, 2010 3:16am
Quoting Ctic
Not to bad, but went small due to the massive drop we had over the past couple months. At least I can not go negative

long 4860 (.1) sl amended to 4970
long 4890 (.4) sl amended to 4970
long 4953 (.3) sl amended to 4970
long 5010 (.2) sl amended to 4970

Been LONG since London open... Some +pips in my kitty. Ha!!
  • #203,674
  • Mar 5, 2010 3:17am Mar 5, 2010 3:17am
  • #203,675
  • Mar 5, 2010 3:22am Mar 5, 2010 3:22am
Knocked out on a small 'south bound scalp'; only small loss...it's all good....but this GU sure can buck !!! Double bottom could make it interesting now (or not.....).
  • #203,676
  • Mar 5, 2010 3:22am Mar 5, 2010 3:22am
get u azzz's ready for news in 10m UK PPI

green tits for all sorry hangover pips pips had to much coffee last night
  • #203,677
  • Mar 5, 2010 3:32am Mar 5, 2010 3:32am
Hi All,
Just wake up from a greet sleeping.

Where we are now? mmmm same range.
Going to sleep again.
See you @ NY session
  • #203,678
  • Mar 5, 2010 3:33am Mar 5, 2010 3:33am
Quoting kill56
get u azzz's ready for news in 10m UK PPI

green tits for all sorry hangover pips pips had to much coffee last night

Looks like we got some pips coming our way... Ha!!
  • #203,679
  • Mar 5, 2010 3:35am Mar 5, 2010 3:35am
A lot depends on the PPI data. Let's watch.
  • #203,680
  • Mar 5, 2010 3:37am Mar 5, 2010 3:37am
Quoting Baby-Trader
Hi All,
Just wake up from a greet sleeping.

Where we are now? mmmm same range.
Going to sleep again.
See you @ NY session

Which I could go to sleep...
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