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Cable Update (GBPUSD)

  • #207,401
  • Mar 18, 2010 7:45am Mar 18, 2010 7:45am
Quoting fxrambo
i pm u sir

working on it i will post soon
  • #207,402
  • Mar 18, 2010 7:47am Mar 18, 2010 7:47am
Quoting solrac
I pulled out at 10 pips too,,,

But I take it yours were green...?

Mine were unfortunately red...

May have been less than 10, probably around 7... not that it makes me feel any better!
  • #207,403
  • Mar 18, 2010 7:47am Mar 18, 2010 7:47am
Quoting pawpaw1000
jip thats for sure, saw the 1min chart change direction and am out! but, will look to short at 5330, if my 1min charts allow

If I can catch one more down wave I'll be SUPER COOL!
Yeah... to me 1.52964 is the key line... if it breaks up... and passes the daily pivots look like it will stay there for the night.. unless some surprise news.

other wise... if it only pops its head then comes back down then short it should be..

Cheers,
R
  • #207,404
  • Mar 18, 2010 7:48am Mar 18, 2010 7:48am
Quoting cloggie
I am seeing more sellers then buyers right now. ratio of roughly 3:1
usd weak across the board against all majors break 1.53 coming FAST !
  • #207,405
  • Mar 18, 2010 7:48am Mar 18, 2010 7:48am
Quoting antic81
But I take it yours were green...?

Mine were unfortunately red...

May have been less than 10, probably around 7... not that it makes me feel any better!
Dude... -10 pips is a good trade... some hang on and end up 10x or more worse off.

Good Trade!!

Cheers,
R
  • #207,406
  • Mar 18, 2010 7:50am Mar 18, 2010 7:50am
Quoting RChio
Yeah... to me 1.52964 is the key line... if it breaks up... and passes the daily pivots look like it will stay there for the night.. unless some surprise news.

other wise... if it only pops its head then comes back down then short it should be..

Cheers,
R
yeah but look at this, its gone to 5320 and 5330 level twice today and come down each time...

Check your 5min chart, it seems like were ranging but with great opportunities to scalp

what you think?
@pawpaw1000 on Twitter
  • #207,407
  • Mar 18, 2010 7:50am Mar 18, 2010 7:50am
Quoting kill56
working on it i will post soon
ok i will be waiting only alert me when u do so
  • #207,408
  • Mar 18, 2010 7:51am Mar 18, 2010 7:51am
Quoting Forexfsa
usd weak across the board against all majors break 1.53 coming FAST !

I hope you put money on your convictions, I did on mine. Market depth on fibre is also showing more sellers then buyers.
  • #207,409
  • Mar 18, 2010 7:51am Mar 18, 2010 7:51am
I'm short, broke the 90 level downward after lagging between 90 and 53000 for quite a while...
@pawpaw1000 on Twitter
  • #207,410
  • Mar 18, 2010 7:52am Mar 18, 2010 7:52am
Quoting pawpaw1000
yeah but look at this, its gone to 5320 and 5330 level twice today and come down each time...

Check your 5min chart, it seems like were ranging but with great opportunities to scalp

what you think?
yeah you're right.. I was thinking more of a 10-20 pip scalp at a time... use the ADX, Stoch osc & RSI if it helps..

You probably know this already. I've seen your posts.

Cheers,
R
  • #207,411
  • Mar 18, 2010 7:54am Mar 18, 2010 7:54am
Quoting RChio
yeah you're right.. I was thinking more of a 10-20 pip scalp at a time... use the ADX, Stoch osc & RSI if it helps..

You probably know this already. I've seen your posts.

Cheers,
R
I use macd with PA...

Trend lines and s/r...

like it simple!

edit: and it looks like I'm gonna get simpled out of a trade here!!!!!
@pawpaw1000 on Twitter
  • #207,412
  • Mar 18, 2010 7:54am Mar 18, 2010 7:54am
Quoting cloggie
I hope you put money on your convictions, I did on mine. Market depth on fibre is also showing more sellers then buyers.
Dude... sounds stupid but does your platform show you the market depth cause mine doesn't otherwise is it a custom indi or something or do you use the bear / bull powers?

Cheers,
R
  • #207,413
  • Mar 18, 2010 7:55am Mar 18, 2010 7:55am
Quoting pawpaw1000
I use macd with PA...

Trend lines and s/r...

like it simple!

edit: and it looks like I'm gonna get simpled out of a trade here!!!!!
Simple is good... too bad I'm a complicated person!
  • #207,414
  • Mar 18, 2010 7:57am Mar 18, 2010 7:57am
Quoting RChio
Dude... sounds stupid but does your platform show you the market depth cause mine doesn't otherwise is it a custom indi or something or do you use the bear / bull powers?

Cheers,
R

I get market depth on 3 platforms, it does not reflect the entire market but it is large enough to show me a fair representation on larger moves. I tend to not always pay attention to it unless we get larger spikes to see the immediate trend.
  • #207,415
  • Mar 18, 2010 7:58am Mar 18, 2010 7:58am
Quoting cloggie
I get market depth on 3 platforms, it does not reflect the entire market but it is large enough to show me a fair representation on larger moves. I tend to not always pay attention to it unless we get larger spikes to see the immediate trend.
Cheers
R
  • #207,416
  • Mar 18, 2010 7:59am Mar 18, 2010 7:59am
Quoting RChio
Cheers
R

Trading with large mainstream brokers does have its advantage, spreads are next to nothing but I pay a commission per turn instead
  • #207,417
  • Mar 18, 2010 7:59am Mar 18, 2010 7:59am
Pivots and Fibs.

Down we go Mr. G.

Inserted Video
  • #207,418
  • Mar 18, 2010 8:01am Mar 18, 2010 8:01am
Quoting GlobalMacro
Hey egkid...I didn't miss your post...already replied yesterday...
check it out here:

http://www.forexfactory.com/showpost...stcount=206811
Welcome back
Does your student did good?
tp1,tp2 and tp3 hit
We drop since to Exactly to my Aqua dots line 1.4770
http://www.forexfactory.com/showthre...31#post3319131

If that happen not because I'm good but because there are some good traders here we learn from them
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  • #207,419
  • Mar 18, 2010 8:05am Mar 18, 2010 8:05am
I think I am going to do the smart thing here and walk away for the rest of the day...

Good luck everyone.

I am done donating to the pip god for today...
  • #207,420
  • Mar 18, 2010 8:13am Mar 18, 2010 8:13am
who's still having faith with short?
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