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Cable Update (GBPUSD)

  • #218,261
  • Apr 15, 2010 5:21pm Apr 15, 2010 5:21pm
Quoting cloggie
Another pretty solid bounce of 55 again. The bears may win this little battle here, does not mean they are winning the war though. Short 5496, let's see

Edit: stops in place, am done for today. SL 553, TP 543

cloggs you hit few times today.. me too..

I'm just wondering.. Maybe we should pay some money for "hit & run" system patented by kill..
  • #218,262
  • Apr 15, 2010 5:24pm Apr 15, 2010 5:24pm
Quoting Bull_Bear
Trade CLOSED @ 1.5475

Sell

1.5475.. SL.. 1.5540 TP.. 1.5320

hi BB.. what's up today.. many good greens.. ?!

I hope you do..
  • #218,263
  • Apr 15, 2010 5:25pm Apr 15, 2010 5:25pm
Quoting Crazy-Man


cloggs you hit few times today.. me too..

I'm just wondering.. Maybe we should pay some money for "hit & run" system patented by kill..

will its the best till u see a clear path then u ride the b;;;;;;;;;;;h up or down according to u chart
  • #218,264
  • Apr 15, 2010 5:25pm Apr 15, 2010 5:25pm
Quoting kill56
great post man

are the same nene at std
kill... my man you should patented you "hit & run" system..

truly..

hope you're still in.. which way.. ?!
  • #218,265
  • Apr 15, 2010 5:26pm Apr 15, 2010 5:26pm
Nene I do not get the exact meaning of rule 2 and rule 5 could you throw more light. Thanks

Quoting Nene
I have come up with a set of rules that I follow after many poor trades with Cable in the last 7 years. These have to be maintained or a loosing result will occour. They are as follows:



2) You must be able to shrug off any sudden retraces, in excess of 40-50 pips, against a smooth running trend. That brings me to #3.



5) Instead of trading retraces, try scaling in with micro lots, I did this and it helped me considerly.

[color=black]I understand the newbys...
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #218,266
  • Apr 15, 2010 5:33pm Apr 15, 2010 5:33pm
Quoting Crazy-Man
kill... my man you should patented you "hit & run" system..

truly..

hope you're still in.. which way.. ?!
i am mostly a bear i do love to hit the head or the bottom

been trading cable for 6years she is crazy and long or short she dos pay back on sup and res i do reverse my trad dont alow her to eat me a live now cable dos not move a lot like befor i like it
  • #218,267
  • Apr 15, 2010 5:34pm Apr 15, 2010 5:34pm
With the retrace on the m30 to 200ema, we have seen 2 other crosses. 1 on the 5m, 1 on the 15m. Continuation of trend will be if support holds on the most recent of time frames.

FB zone to 200ema on 15m chart.
Attached Image (click to enlarge)
Click to Enlarge Name: m15.jpg Size: 88 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #218,268
  • Apr 15, 2010 5:40pm Apr 15, 2010 5:40pm
Quoting Magix
With the retrace on the m30 to 200ema, we have seen 2 other crosses. 1 on the 5m, 1 on the 15m. Continuation of trend will be if support holds on the most recent of time frames.

FB zone to 200ema on 15m chart.

hey bro greeny all the way


any ifo on cady
  • #218,269
  • Apr 15, 2010 5:42pm Apr 15, 2010 5:42pm
Quoting Nene
Dont mean anything by it, just trying to help out a friend.

Jim
yep.. I'm remembering 3 years ago.. when I'm starting to trade GBP..

Quote
a) Do you regularly get stopped out and then see the trade go on in your direction?

b) Do you sit by your computer watching your trade, afraid of going away from it?

those 2 question is answered yes.. and the result is.. 150k usd account drying.. with "so: 25%" remark in comment tab..

very good and clear question.. for keeping me fresh!..
cheers mate!
  • #218,270
  • Apr 15, 2010 5:47pm Apr 15, 2010 5:47pm
Quoting kill56
hey bro greeny all the way


any ifo on cady

Whut?

CADJPY?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #218,271
  • Apr 15, 2010 5:48pm Apr 15, 2010 5:48pm
Quoting Magix
Whut?

CADJPY?

cad-usd
  • #218,272
  • Apr 15, 2010 5:53pm Apr 15, 2010 5:53pm
Quoting kill56
cad-usd
Seems to be held back at the hourly 200EMA. Risen nicely off weekly 1440ema, but would need to confirm on its lower time frames to continue on past this point. Failure of support from the M15 relevant chart at about .9998 (approx 55ema on current chart, white dotted line) could see another retest of bottom.

Current top on chart.
Attached Image (click to enlarge)
Click to Enlarge Name: uc.jpg Size: 112 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #218,273
  • Apr 15, 2010 5:56pm Apr 15, 2010 5:56pm
Quoting Magix
Seems to be held back at the hourly 200EMA. Risen nicely off weekly 1440ema, but would need to confirm on its lower time frames to continue on past this point. Failure of support from the M15 relevant chart at about .9998 (approx 55ema on current chart, white dotted line) could see another retest of bottom.

Current top on chart.

thanks a lot bro
  • #218,274
  • Apr 15, 2010 6:04pm Apr 15, 2010 6:04pm
For the folks out there, who are like me and not that good at drawing trend lines, a couple of well placed moving averages and a look at the little pictures that can make up the big picture can really help you improve on your game.

Red dotted line - 1440EMA, showing the topside resistance
Yellow and Yellow dotted line - 200EMA, 600EMA, showing the support.

Previous chart posted on USDCAD, shows the interm top of the play, again, 200EMA.

OR, if you feel the need to draw lines, hey, be my guest...like I care.
Attached Image (click to enlarge)
Click to Enlarge Name: euh1.jpg Size: 156 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #218,275
  • Apr 15, 2010 6:04pm Apr 15, 2010 6:04pm
Quoting Magix
With the retrace on the m30 to 200ema, we have seen 2 other crosses. 1 on the 5m, 1 on the 15m. Continuation of trend will be if support holds on the most recent of time frames.

FB zone to 200ema on 15m chart.
im always looking forward to your charts. thanks again
  • #218,276
  • Apr 15, 2010 6:09pm Apr 15, 2010 6:09pm
Quoting cableboy
im always looking forward to your charts. thanks again
As has been referred to as Trading 101, and as I am just a simple fella, theys bes about the only things that makes sense to me.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #218,277
  • Apr 15, 2010 6:44pm Apr 15, 2010 6:44pm
its not my chart i hope the wise man is ok with it

try to make the chart more sexy
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 28 KB
  • #218,278
  • Apr 15, 2010 6:57pm Apr 15, 2010 6:57pm
no break no shack
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 24 KB
  • #218,279
  • Apr 15, 2010 7:04pm Apr 15, 2010 7:04pm
close all long, it's going crazy...,


see you next time...


salam

java.
I will be the number one Manager.
  • #218,280
  • Apr 15, 2010 7:25pm Apr 15, 2010 7:25pm
Salam, see u again.
Great Bodies are Engineered not Born
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