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Cable Update (GBPUSD)

  • #204,961
  • Mar 10, 2010 6:38pm Mar 10, 2010 6:38pm
Quoting alex1976
whats a nn indicator?

And whats pm?
We love TLAs. IT has shed loads, new ones every day my company does. WTF
  • #204,962
  • Mar 10, 2010 6:54pm Mar 10, 2010 6:54pm
Quoting forexlion
i can pm u my NN indicator provided u do not share it with anyone
what about the MM indi
  • #204,963
  • Mar 10, 2010 6:56pm Mar 10, 2010 6:56pm
Quoting kill56
what about the MM indi
I thought smarties had the answer
  • #204,964
  • Mar 10, 2010 7:03pm Mar 10, 2010 7:03pm
Quoting bbakker
I thought smarties had the answer

sure he dos very smart and he have the BS indi too
  • #204,965
  • Mar 10, 2010 7:08pm Mar 10, 2010 7:08pm
this morning price break week (down) trend line and break yesterday up move...
between 2 spike (green) are important place to re-test if it's going long or not...,
good place for entry long too, place SL below that spike, less than 30 pips right? not bad idea to trade if it is could be accepted in your MM...
hope the best for you here...







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(i think i have to copy this one for my safe , cos all my post chart from last week are wrong.... )
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  • #204,966
  • Mar 10, 2010 7:26pm Mar 10, 2010 7:26pm
Quoting kill56
sure he dos very smart and he have the BS indi too
i had many things in the past http://www.forexfactory.com/showthre...98#post3073698
  • #204,967
  • Mar 10, 2010 7:36pm Mar 10, 2010 7:36pm
Quoting kill56
sure he dos very smart and he have the BS indi too
and it works too, here
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  • #204,968
  • Mar 10, 2010 7:38pm Mar 10, 2010 7:38pm
Can u share this NN indicator with me too?

Thanks.

Quoting forexlion
i can pm u my NN indicator provided u do not share it with anyone
  • #204,969
  • Mar 10, 2010 7:41pm Mar 10, 2010 7:41pm
hi all,

theres seems to be a strong resistance at da 4970 level... m feeling bullish... wat say u all?
  • #204,970
  • Mar 10, 2010 7:45pm Mar 10, 2010 7:45pm
Quoting Kaylinkz
Can u share this NN indicator with me too?

Thanks.
See what I mean.
  • #204,971
  • Mar 10, 2010 7:51pm Mar 10, 2010 7:51pm
We are still locked in the same channel as have been since the spike in the last hours of London and throughout the NY session.

5m 200ema support, 15m 200ema resistance.

We haven't made great strides, but the same selling doesn't seem to be present. A newer low on the day, no higher high, and a continued channel of suspense for, who is going to win this battle, bears or bulls....

Well, rather than speculate, I will scalp the small ranges as they are present, still easy enough to find trigger lines and pull a couple of pips out of the mix...

Perhaps sit out the big move, and catch a ride when somebody really takes control of the field.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #204,972
  • Mar 10, 2010 7:54pm Mar 10, 2010 7:54pm
No doubt about it. Bullish engulfer this morning 1 hr and now a Morning Star formation forming. Shorties will get theres now I believe. Classic Double Bottom on 1 hr and a decent one on the 4 hr. Time will tell, need to get to 1.5030 area. A dip to 4900 is possible but not probable.

Jim


Quoting jorak
hi all,

theres seems to be a strong resistance at da 4970 level... m feeling bullish... wat say u all?
  • #204,973
  • Mar 10, 2010 7:58pm Mar 10, 2010 7:58pm
I can finally say all this banter is confusing me and im getting whipsawed to death.

I was long, it went against me, 28 pips, i saw lions post and i was like maybe its short and the hammer is bullshit!

So i closed that, then opened a short, which now has gone against me, and now the daily hammer may look good!!!

You have to be very disciplined to follow your system when so many other "accredited" traders are going against your "trend" of thought...


Honestly always when i leave this thread, my trading results always go up. But i do like sometimes to know there's others out there doing the same thing.

But from a professional perspective im sure its not prudent to even look at these things.

Good luck to all.

I need to know just follow my plan and not be emotionally swayed by others.
  • #204,974
  • Mar 10, 2010 8:06pm Mar 10, 2010 8:06pm
thankfully my shorts from 4990 are still green and still hav the potential to bank 210 pips
  • #204,975
  • Mar 10, 2010 8:11pm Mar 10, 2010 8:11pm
i see both sides of this story, but the best way to play it is just pick a side and stick to it. It all depends on what your systems rules are??
  • #204,976
  • Mar 10, 2010 8:13pm Mar 10, 2010 8:13pm
Quoting forexlion
thankfully my shorts from 4990 are still green and still hav the potential to bank 210 pips

Look at daily candle for 26th feb.

and look at yesterday.

Patterns abound in this crazy place we call the maize!!
  • #204,977
  • Mar 10, 2010 8:13pm Mar 10, 2010 8:13pm
Quoting alex1976
i see both sides of this story, but the best way to play it is just pick a side and stick to it. It all depends on what your systems rules are??
i sent u a private message with my NN indicator, keep it a secret
  • #204,978
  • Mar 10, 2010 8:23pm Mar 10, 2010 8:23pm
Quoting forexlion
i sent u a private message with my NN indicator, keep it a secret

Thanks Lion!

I always see your perspective no matter what as, there's always a 40 percent chance a good trade can go against you!

  • #204,979
  • Mar 10, 2010 8:28pm Mar 10, 2010 8:28pm
Quoting alex1976
I can finally say all this banter is confusing me and im getting whipsawed to death.

I was long, it went against me, 28 pips, i saw lions post and i was like maybe its short and the hammer is bullshit!

So i closed that, then opened a short, which now has gone against me, and now the daily hammer may look good!!!

You have to be very disciplined to follow your system when so many other "accredited" traders are going against your "trend" of thought...


Honestly always when i leave this thread, my trading results always go up....

I have watched several of your posts, a lot include your plays, the bulk asking for what to do.

My friend...you are setting yourself up for fail.

In all honesty, I hope you are trading a demo account, but really don't think this is the case. I do believe that you should take some time, do some reading and start analyzing the charts. This will be your only market stability and will be the only thing that can offer you any longevity.

Price action seems to elude you, feel no shame, most of us started the same place, but your continued posts asking what somebody else thinks you should do will guarantee you only one thing, that you will in very near future not be a regular poster here at the cable thread.

My opinion and not wanting to seem harsh.

If you are trading for money, close down your live account and I am more than positive your broker will offer you a demo account. Set up your charts and try to listen to them.

I always feel it a shame when people lose in market, but feel no sympathy if they have done so on the forecasts of others.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #204,980
  • Mar 10, 2010 8:37pm Mar 10, 2010 8:37pm
Quoting Magix
I have watched several of your posts, a lot include your plays, the bulk asking for what to do.

My friend...you are setting yourself up for fail.

In all honesty, I hope you are trading a demo account, but really don't think this is the case....
go down to marketiva, get a free $5 ccount, trade it to $100 or more, the day you do it you are ready to trade live

this is how my teacher taught me
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