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Cable Update (GBPUSD)

  • #220,261
  • Apr 21, 2010 3:31pm Apr 21, 2010 3:31pm
Be carefull. It hasnt broken the wedge yet.

Attached Image (click to enlarge)
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  • #220,262
  • Apr 21, 2010 3:35pm Apr 21, 2010 3:35pm
Quoting A-speculator
I'm speechless.. I'm trying to help the new comers to trade a better setup, counter trend trading might work but I don't like seeing them to lose money so I would not encourage them to trade the counter trend..
with SL @ +5 my trade is still open

cable does not have the strength to even kiss my SL talk about counter trend

almost 4 hours into the trade already
  • #220,263
  • Apr 21, 2010 3:39pm Apr 21, 2010 3:39pm
hi there

sorry came in few minutes ago, whats ur open position pls if i can ask

tks
adrian

Quoting forexlion
with SL @ +5 my trade is still open

cable does not have the strength to even kiss my SL talk about counter trend

almost 4 hours into the trade already
  • #220,264
  • Apr 21, 2010 3:44pm Apr 21, 2010 3:44pm
Quoting forexlion
with SL @ +5 my trade is still open

cable does not have the strength to even kiss my SL talk about counter trend

almost 4 hours into the trade already
I wouldn't go that far....The last 4-5hours has had very low volume, could just be some hedging taking place...

Attached Image (click to enlarge)
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  • #220,265
  • Apr 21, 2010 3:46pm Apr 21, 2010 3:46pm
Quoting adrianebn
hi there

sorry came in few minutes ago, whats ur open position pls if i can ask

tks
adrian
http://img263.imageshack.us/img263/8392/cableq.gif
  • #220,266
  • Apr 21, 2010 3:48pm Apr 21, 2010 3:48pm
do you have any open trade? i have a short open from 15408

Quoting forexlion
http://img263.imageshack.us/img263/9379/cablef.gif
  • #220,267
  • Apr 21, 2010 3:49pm Apr 21, 2010 3:49pm
Quoting adrianebn
do you have any open trade? i have a short open from 15408
the dotted line is my open short
  • #220,268
  • Apr 21, 2010 3:51pm Apr 21, 2010 3:51pm
ok, sorry didnt get that immediately

gosh this eveing both cable and euro been ranging alot, not sure if to keep the short open overnight



Quoting forexlion
the dotted line is my open short
  • #220,269
  • Apr 21, 2010 3:57pm Apr 21, 2010 3:57pm
Quoting adrianebn
ok, sorry didnt get that immediately

gosh this eveing both cable and euro been ranging alot, not sure if to keep the short open overnight
Always read my signature before you believe what I post
  • #220,270
  • Apr 21, 2010 4:01pm Apr 21, 2010 4:01pm
of course, i agree,

i didnt follow you, had the trade open before i was in the forum today

just discussing open trades

Quoting forexlion
Always read my signature before you believe what I post
  • #220,271
  • Apr 21, 2010 4:05pm Apr 21, 2010 4:05pm
Speaking of volume....Does anyone here have the on-balance volume (OBV) indicator?
  • #220,272
  • Apr 21, 2010 4:08pm Apr 21, 2010 4:08pm
i do yes, need it?

Quoting Smurf Trader
Speaking of volume....Does anyone here have the on-balance volume (OBV) indicator?
  • #220,273
  • Apr 21, 2010 4:09pm Apr 21, 2010 4:09pm
Quoting adrianebn
i do yes, need it?

Yeah! Much appreciated!!
  • #220,274
  • Apr 21, 2010 4:10pm Apr 21, 2010 4:10pm
Quoting Smurf Trader
Speaking of volume....Does anyone here have the on-balance volume (OBV) indicator?
perhaps miss mt4 might have it, ask her

http://img402.imageshack.us/img402/2164/59310380.gif
  • #220,275
  • Apr 21, 2010 4:10pm Apr 21, 2010 4:10pm
Quoting Smurf Trader
Speaking of volume....Does anyone here have the on-balance volume (OBV) indicator?
Attached File(s)
File Type: mq4 OBV.mq4   3 KB | 220 downloads
  • #220,276
  • Apr 21, 2010 4:13pm Apr 21, 2010 4:13pm
Quoting kill56
Thanks Kill!

mt4 does have it....I was looking in my custom folder, mistaken for the mt4 indicators. Opps
  • #220,277
  • Apr 21, 2010 4:13pm Apr 21, 2010 4:13pm
Quoting forexlion
perhaps miss mt4 might have it, ask her
u are a trick
  • #220,278
  • Apr 21, 2010 4:16pm Apr 21, 2010 4:16pm
Quoting Smurf Trader
Thanks Kill!

mt4 does have it....I was looking in my custom folder, mistaken for the mt4 indicators. Opps
add to it RSI and it will be a hell of an indi
  • #220,279
  • Apr 21, 2010 4:21pm Apr 21, 2010 4:21pm
I will play around with them...Thanks for the advice.

Do you have a chart that shoes the correlation in the two?
  • #220,280
  • Apr 21, 2010 4:24pm Apr 21, 2010 4:24pm
The 4 Hr MACD is crossing zero line. I put a lot of faith in the 4 hr MACD especially after consolidating market. VSA guys ought to be able to help
out here.


Jim
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