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Cable Update (GBPUSD)

  • #215,441
  • Apr 9, 2010 11:27am Apr 9, 2010 11:27am
..can somebody push cable up?
.
  • #215,442
  • Apr 9, 2010 11:28am Apr 9, 2010 11:28am
Quoting kill56
dixy back above 81...
@pawpaw1000 on Twitter
  • #215,443
  • Apr 9, 2010 11:28am Apr 9, 2010 11:28am
Quoting 4xStar
I think that post earned me the Click from Vilas....
nah i am very accomodating. i wont click u but i have doubts now
Its all in the mind.
  • #215,444
  • Apr 9, 2010 11:31am Apr 9, 2010 11:31am
Quoting kill56
That is one spooky pic .. would have been better if the hands had 6 fingers...

I cashed out 1/2 on that last surge to 85 .. she is sooooo tired and just cannot make it over the rainbow .. will close the remaining soon, in any case above 55.

Next week? My magic 8 ball says an attempt at least on 1.5400 .. but if failure, then the fall should be sweet (for traders, not cable...)
******************* I'd rather make money than be right.
  • #215,445
  • Apr 9, 2010 11:39am Apr 9, 2010 11:39am
Quoting pawpaw1000
ta so much zoom but am using fxcm trading platform at the moment!!! as soon as I upgrade to standard I'll take that indie!!!
thanks again!
I find this page keeps track of the DXY miinute by minute .. nothing to install
http://www.marketwatch.com/investing/index/DXY
******************* I'd rather make money than be right.
  • #215,446
  • Apr 9, 2010 11:40am Apr 9, 2010 11:40am
Quoting 4xStar
That is one spooky pic .. would have been better if the hands had 6 fingers...

I cashed out 1/2 on that last surge to 85 .. she is sooooo tired and just cannot make it over the rainbow .. will close the remaining soon, in any case above 55.

Next week? My magic 8 ball says an attempt at least on 1.5400 .. but if failure, then the fall should be sweet (for traders, not cable...)

i think we will see 15400 befor closing today best of luck greeny all the way
  • #215,447
  • Apr 9, 2010 11:48am Apr 9, 2010 11:48am
This is Friday PARTY...!!!! all peoples Going Crazy !!!!
.



LET's ENJOY THIS....




.
I will be the number one Manager.
  • #215,448
  • Apr 9, 2010 11:50am Apr 9, 2010 11:50am
Now I've started my weekend....

Holding my long

Enjoy your weekend.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,449
  • Apr 9, 2010 11:51am Apr 9, 2010 11:51am
Quoting BadTradingFi
Ah, should have seen that myself!!!

Of all the lessons I learned this week, I just impulsively did a little short for a go because the bulls seemed to have run out of steam, and whoosh!

Wouldnt have been so bad if I'd put the decimal point in, but never mind, I'll either take a hit, or just leave it to come back here in a week or so
Here is another line to draw on m15 and is a much stronger line! From the low of yesterday to the low of 14:15 today. It makes the wedge a little bit bigger than today's wedge (R line at 15390) and it also touches another couple of lows along the way, which makes this a stronger trend line!
  • #215,450
  • Edited 12:04pm Apr 9, 2010 11:52am | Edited 12:04pm
Quoting Magix

When you smile, the world smiles with you.
Hi Magix,

GU can NOT Broke 1.5391 until Now...
And MARKET will CLOSE in 4 Hours again.

Be Patient, Bro...

HAPPY WEEKEND for you
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-04-09_GU in H1.jpg Size: 364 KB
Always looking the GREAT, never left GOOD Point...
  • #215,451
  • Apr 9, 2010 11:53am Apr 9, 2010 11:53am
Quoting Bull_Bear
Now I've started my weekend....

Holding my long

Enjoy your weekend.
Enjoy your weekend in the UN!
  • #215,452
  • Apr 9, 2010 11:54am Apr 9, 2010 11:54am
Quoting bbakker
Here is another line to draw on m15 and is a much stronger line! From the low of yesterday to the low of 14:15 today. It makes the wedge a little bit bigger than today's wedge (R line at 15390) and it also touches another couple of lows along the way, which makes this a stronger trend line!
Very nice ..
******************* I'd rather make money than be right.
  • #215,453
  • Apr 9, 2010 12:03pm Apr 9, 2010 12:03pm
Quoting 4xStar
Very nice ..
The key is to spot these trend lines early which can give you a great entry point like Bull_Bear did with his long @15320 @13:15 GMT. Unfortunately work prevents me to concentrate on my charts and I am usually late in spotting them. I will have to do these more often in the mornings, my lunchtime and evenings.
  • #215,454
  • Apr 9, 2010 12:07pm Apr 9, 2010 12:07pm
Quoting bbakker
The key is to spot these trend lines early which can give you a great entry point like Bull_Bear did with his long @15320 @13:15 GMT. Unfortunately work prevents me to concentrate on my charts and I am usually late in spotting them. I will have to do these more often in the mornings, my lunchtime and evenings.
Can you set sound alerts that will go off when price hits the tl?
******************* I'd rather make money than be right.
  • #215,455
  • Apr 9, 2010 12:10pm Apr 9, 2010 12:10pm
Quoting 4xStar
Can you set sound alerts that will go off when price hits the tl?
I can on my account, can get audio alerts, emails and SMS, so generally do all 3

Good line, and I've been drawing a few randomly over the past few days to try to get a better feel for how things go.

Big question I have though, what timeframes are the best to use for looking at trades? I suppose it depends on the period of time you are trading over really, but M15/M30/H1/H4 seem the most popular. I've played with M1/M5 for quick in and out trades just to see if they work too
Back to basics, it has to be for me!
  • #215,456
  • Apr 9, 2010 12:10pm Apr 9, 2010 12:10pm
Quoting bbakker
The key is to spot these trend lines early which can give you a great entry point like Bull_Bear did with his long @15320 @13:15 GMT. Unfortunately work prevents me to concentrate on my charts and I am usually late in spotting them. I will have to do these more often in the mornings, my lunchtime and evenings.

bro look at this chart all my trades are on the fib and sup and res
Attached Image (click to enlarge)
Click to Enlarge Name: ndaily cable.gif Size: 28 KB
  • #215,457
  • Apr 9, 2010 12:12pm Apr 9, 2010 12:12pm
Quoting 4xStar
Can you set sound alerts that will go off when price hits the tl?
Some people have talked about that, but I wouldn't know how.... yet. I suppose it depends on the platform you use and I am just getting my head around MT4 at the moment!
  • #215,458
  • Apr 9, 2010 12:12pm Apr 9, 2010 12:12pm
Quoting Tsar
Hi Magix,

GU can NOT Broke 1.5391 until Now...
And MARKET will CLOSE in 4 Hours again.

Be Patient, Bro...

HAPPY WEEKEND for you
You are bad in Drawing Bro.,here is the better one.,special for you...,
Attached Image (click to enlarge)
Click to Enlarge Name: fly.gif Size: 19 KB
I will be the number one Manager.
  • #215,459
  • Apr 9, 2010 12:14pm Apr 9, 2010 12:14pm
Quoting javapips
You are bad in Drawing Bro.,here is the better one.,special for you...,
I didn't you were an artist too. Multi-talented!
  • #215,460
  • Apr 9, 2010 12:16pm Apr 9, 2010 12:16pm
Quoting bbakker
Some people have talked about that, but I wouldn't know how.... yet. I suppose it depends on the platform you use and I am just getting my head around MT4 at the moment!
u can do it in mt4 open alerts and create unless u wana use an indi like arrows or lines with alert
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