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Cable Update (GBPUSD)

  • #219,921
  • Apr 20, 2010 10:04pm Apr 20, 2010 10:04pm
Quoting javapips
which pivot do you think the good one (more work i mean) and what broker do you use?
thanks you.
I look for places where the pivot line occurs at the same level as other indicators like S/R, fibs, TLs. The more events occuring at a given level, the more significant the level. Those levels tend to indicate where a price move could stop. Or, if it goes through that type of level quickly, that can mean there is good strength in the move.
The market is always right.
  • #219,922
  • Apr 20, 2010 10:11pm Apr 20, 2010 10:11pm
Quoting Artie
I look for places where the pivot line occurs at the same level as other indicators like S/R, fibs, TLs. The more events occuring at a given level, the more significant the level. Those levels tend to indicate where a price move could stop. Or, if it goes through that type of level quickly, that can mean there is good strength in the move.

Good advice artie
  • #219,923
  • Apr 20, 2010 10:32pm Apr 20, 2010 10:32pm
Blue or Green ?
Attached Image (click to enlarge)
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Verily, in every difficulties there is relief
  • #219,924
  • Edited 10:44pm Apr 20, 2010 10:33pm | Edited 10:44pm
Quoting Lejumeau
I use FXDD broker they are syncronise with New york Eastern time so that mean the indicator and the daily candle are closing at 5pm eastern time
that's my aim...,i just want to know your time server. daily close will decide whether pivot good or not.

thanks you Sir

thanks you Artie
I will be the number one Manager.
  • #219,925
  • Apr 20, 2010 10:49pm Apr 20, 2010 10:49pm
This is dangerous PA! ....

Over 1.54 or back under 1.52...
Hum!

Let's see!
"Fly Kite Fly!"
  • #219,926
  • Apr 20, 2010 10:59pm Apr 20, 2010 10:59pm
ermmm still no close below 5350.. will wait at about 5250 if retracement occur.. I won't take any short.. no position atm..
  • #219,927
  • Apr 20, 2010 10:59pm Apr 20, 2010 10:59pm
i am short @ 5390, holding and waiting to see 5200
  • #219,928
  • Apr 20, 2010 11:01pm Apr 20, 2010 11:01pm
Quoting Zulu
This is dangerous PA! ....

Over 1.54 or back under 1.52...
Hum!

Let's see!
Zulu,

You are right. As we speak, we are following th 1440 on the slow slope down, However, the 200 is moving upward. Fib action hints that we will travel further north to 5450 to 5525. I think we may see a bounce downward and then the rise up to those levels.

My bias is long.
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  • #219,929
  • Apr 20, 2010 11:13pm Apr 20, 2010 11:13pm
Quoting Ctic
Zulu,

You are right. As we speak, we are following th 1440 on the slow slope down, However, the 200 is moving upward. Fib action hints that we will travel further north to 5450 to 5525. I think we may see a bounce downward and then the rise up to those levels.

My bias is long.
I feel this its kinda cross road.
I remain aside until 1.5380 broke or 1.5320.
Will scalp in between.

Wish you the best on this.
"Fly Kite Fly!"
  • #219,930
  • Apr 20, 2010 11:23pm Apr 20, 2010 11:23pm
This is what I see...
http://static.seekingalpha.com/uploa...ll_vs_bear.jpg
  • #219,931
  • Apr 20, 2010 11:35pm Apr 20, 2010 11:35pm
I hate the flat market

Even my indicators are not showing any proper direction

Can't trade waiting for UK session
  • #219,932
  • Apr 20, 2010 11:38pm Apr 20, 2010 11:38pm
Quote
I hate the flat market http://cdn.forexfactory.com/images/s..._wits_end_.gif

Even my indicators are not showing any proper directionhttp://cdn.forexfactory.com/images/s..._wits_end_.gif

Can't trade waiting for UK session http://cdn.forexfactory.com/images/s...im/worried.gif

dude, you know that when asia trades light markets are norm,

if asia moves, means theres proly something stirring.
  • #219,933
  • Apr 20, 2010 11:43pm Apr 20, 2010 11:43pm
Quoting jest1081
dude, you know that when asia trades light markets are norm,

if asia moves, means theres proly something stirring.
Hmmmm

I don't rely much on market sessions as i mostly trade on H4 chart. I know there are certain times market moves but not knowledgeable enough to do that.
  • #219,934
  • Apr 21, 2010 12:01am Apr 21, 2010 12:01am
watchout she gonna move
Verily, in every difficulties there is relief
  • #219,935
  • Apr 21, 2010 12:07am Apr 21, 2010 12:07am
down to 1.52 for this pair...
  • #219,936
  • Apr 21, 2010 12:14am Apr 21, 2010 12:14am
Still no signal for me. Have to wait for another candle to close on H4 chart.
  • #219,937
  • Apr 21, 2010 12:19am Apr 21, 2010 12:19am
Quoting tradingwiz
down to 1.52 for this pair...
with calls like that -2% daily - 80% monthly.

any chance of a chart ?
Blogging daily now at www.volume.zone
  • #219,938
  • Apr 21, 2010 12:22am Apr 21, 2010 12:22am
Quoting mloistianto
Closed @1.5357..

reverse long @1.5353... sl @1.3270 tp unknown.. as long as it above 350 we will aim higher.. good luck
waiting all nite...
  • #219,939
  • Apr 21, 2010 12:26am Apr 21, 2010 12:26am
Quoting malcolmb14
with calls like that -2% daily - 80% monthly.

any chance of a chart ?
Here is my chart of my account balance. Maybe you can help me. What am I doing wrong or does that look right? Any help you can give would be good.
Attached Image
  • #219,940
  • Apr 21, 2010 12:34am Apr 21, 2010 12:34am
Quoting Ctic
Here is my chart of my account balance. Maybe you can help me. What am I doing wrong or does that look right? Any help you can give would be good.

looks awesome .... you are doing what about 95% of traders do ..lol
Blogging daily now at www.volume.zone
247 traders viewing now, 8 are registered:
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