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Cable Update (GBPUSD)

  • #211,801
  • Mar 31, 2010 1:54am Mar 31, 2010 1:54am
dont you guys agree that the 4h downtrend channel will hold? if so we not going higher than 5130...
@pawpaw1000 on Twitter
  • #211,802
  • Mar 31, 2010 1:55am Mar 31, 2010 1:55am
Quoting nAVIN2007
we going up bro!! ..1.50 hold on monthly and it is all over..bears will get smashed to bits and pieces

need camaflage

you been drinking already ?
Blogging daily now at www.volume.zone
  • #211,803
  • Mar 31, 2010 1:59am Mar 31, 2010 1:59am
Quoting malcolmb14
you been drinking already ?



56 level has been holding all through asia, maybe that will be downward line in the sand?
@pawpaw1000 on Twitter
  • #211,804
  • Mar 31, 2010 2:00am Mar 31, 2010 2:00am
Quoting bbakker
Spreads will be slightly higher for non-commission brokers. For 0 spreads you should use a commission based ECN broker. Some will also only charge commission on profitable trades.

http://www.forexbrokercomparisons.co...x-brokers.html
Im not sure about holding funds in an offshore acount though - like the Seychelles.
Nil Desperandum Illegitimi Carborundum
  • #211,805
  • Mar 31, 2010 2:01am Mar 31, 2010 2:01am
H1 close/open at 02.00 am 1.5061 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #211,806
  • Mar 31, 2010 2:02am Mar 31, 2010 2:02am
traders are wating where and when cost will go?
Attached Image
  • #211,807
  • Mar 31, 2010 2:03am Mar 31, 2010 2:03am
Quoting forexlion
this is what i made

now depending on which side of the Girlfriend we trade on the targets are crystal clear

Optimal is the 61.8% extension

http://img89.imageshack.us/img89/1043/cable.gif

Okay with respect to back test of 30 days, finally figured out the best setting for this new indicator

Malcolm kindly verify the levels

According to what it says we should have a very very tight ranging day today with no clear direction

max up is 5103 and max down is 5032

what do you see on your charts Malcom

http://img32.imageshack.us/img32/1043/cable.gif
  • #211,808
  • Mar 31, 2010 2:04am Mar 31, 2010 2:04am
Quoting manize
H1 close/open at 02.00 am 1.5061 !
I'd say watch for breakout from this range, up or down, it'll run a couple of pips and maybe give daily direction...

COULD SOMEONE PLEASE EXPLAIN WHY THERE ARE SO MANY IN THE ROOM who believe down ward channel on h4 will be broken so easily???
@pawpaw1000 on Twitter
  • #211,809
  • Mar 31, 2010 2:06am Mar 31, 2010 2:06am
now I have got signals

OPENED ORDERS:
#2 GBP/USD @ sell stop 1.5140, stop loss 1.5200, take profit 1.4500
#4 GBP/USD @ sell stop 1.4970, stop loss 1.5200, take profit 1.4500
  • #211,810
  • Mar 31, 2010 2:08am Mar 31, 2010 2:08am
Quoting forexlion
Okay with respect to back test of 30 days, finally figured out the best setting for this new indicator

Malcolm kindly verify the levels

According to what it says we should have a very very tight ranging day today with no clear direction

max up is 5103 and max down is 5032

what do you see on your charts Malcom

http://img32.imageshack.us/img32/1043/cable.gif
and if i am not wrong then tight range is also a breakout scenario, question is which direction
  • #211,811
  • Mar 31, 2010 2:10am Mar 31, 2010 2:10am
to unclear for me right now

atr14 is 167 pip

break up 1.5100 1.5200 target
break down 1.5050 with 30 min close under target 1.4960

other than that staying out for now gu really nuts and no direction

Quoting forexlion
Okay with respect to back test of 30 days, finally figured out the best setting for this new indicator

Malcolm kindly verify the levels

According to what it says we should have a very very tight ranging day today with no clear direction

max up is 5103 and max down is 5032

what do you see on your charts Malcom

http://img32.imageshack.us/img32/1043/cable.gif
Blogging daily now at www.volume.zone
  • #211,812
  • Mar 31, 2010 2:11am Mar 31, 2010 2:11am
Quoting Privet
now I have got signals

OPENED ORDERS:
#2 GBP/USD @ sell stop 1.5140, stop loss 1.5200, take profit 1.4500
#4 GBP/USD @ sell stop 1.4970, stop loss 1.5200, take profit 1.4500
got almost the same sell order as you...

sell 1.5120 and 1.5135
@pawpaw1000 on Twitter
  • #211,813
  • Edited 2:40am Mar 31, 2010 2:15am | Edited 2:40am
Hi Guys,

1. CABLE will go UP to 1.5074 or more.
2. After that's will go DOWN to 1.5035
3. And Go to UP for BULL

She made TWO Mountains again... in M15

Looks in BULLISH Three Drives Pattern... in My POST #211833
Attached Image (click to enlarge)
Click to Enlarge Name: M15 FIBO.jpg Size: 213 KB
Always looking the GREAT, never left GOOD Point...
  • #211,814
  • Mar 31, 2010 2:16am Mar 31, 2010 2:16am
forexlion: the PA still does not permit shorts, too bad bbaker fought tooth n nail on this http://cdn.forexfactory.com/images/s..._the_floor.gif

Dear XXXX 'script kiddie' pussycat,

I don't see any of your posts anymore, but it is nice to see that I still have a place in your heart with gentle reminders through other people's posts, which warm the old cockles of my heart.

Regards,
b 'gummy gums and nailless trader' bakker
  • #211,815
  • Mar 31, 2010 2:18am Mar 31, 2010 2:18am
Quoting rasc00
Im not sure about holding funds in an offshore acount though - like the Seychelles.
There is always Switzerland with a broker there, to go with my Secret (But for how much longer) Swiss Bank Account
  • #211,816
  • Mar 31, 2010 2:20am Mar 31, 2010 2:20am
HARMONIC Pattern :
_____________________
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-02-18_Harmonic Pattern.jpg Size: 108 KB
Always looking the GREAT, never left GOOD Point...
  • #211,817
  • Mar 31, 2010 2:27am Mar 31, 2010 2:27am
It seems that bears is in the way
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 4h.gif Size: 35 KB
Click to Enlarge Name: m15_ma_zz.gif Size: 26 KB
  • #211,818
  • Mar 31, 2010 2:29am Mar 31, 2010 2:29am
1.51 rejected on a daily close....still holding shorts and targeting 1.4960
COT: The precious data ignored
  • #211,819
  • Mar 31, 2010 2:30am Mar 31, 2010 2:30am
Quoting kuroro001
1.51 rejected on a daily close....still holding shorts and targeting 1.4960
I am still holding but lowered my expectations to 5015

that move was quite strong
I SEE YOU !!
  • #211,820
  • Mar 31, 2010 2:31am Mar 31, 2010 2:31am
Quoting amberfm
It seems that bears is in the way
Thank you for that...

was about to post :

COULD SOMEONE PLEASE EXPLAIN WHY THERE ARE SO MANY IN THE ROOM who believe down ward channel on h4 will be broken so easily???
@pawpaw1000 on Twitter
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