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Cable Update (GBPUSD)

  • #220,461
  • Apr 22, 2010 6:16am Apr 22, 2010 6:16am
Quoting kill56
here its
Ma's, especially on cable are an important tool in the toolbox. I have experimented for years with different ones am really content with mine, I will have look at 1440 see how that fits in my trading plan.
  • #220,462
  • Apr 22, 2010 6:16am Apr 22, 2010 6:16am
Quoting kill56
here its
Awesome job on the charts killer!

Thats the voodoo boodoo BABY!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #220,463
  • Apr 22, 2010 6:18am Apr 22, 2010 6:18am
Quoting Magix
Reactionary levels reached, m5 cross, 24x200, bottomside target area reached.

Quick couple take for longs, and waiting on the 5m signal for another attack at bottom, or to see if this is where we hold.
just in time

how are wise man
  • #220,464
  • Apr 22, 2010 6:20am Apr 22, 2010 6:20am
Quoting pawpaw1000
today target 5344...
if we drop below 5424...
@pawpaw1000 on Twitter
  • #220,465
  • Apr 22, 2010 6:21am Apr 22, 2010 6:21am
Quoting Magix
Awesome job on the charts killer!

Thats the voodoo boodoo BABY!


i have a good teacher
  • #220,466
  • Apr 22, 2010 6:22am Apr 22, 2010 6:22am
Quoting pawpaw1000

Good call, but don't forget about 538, been here for a month.
  • #220,467
  • Apr 22, 2010 6:24am Apr 22, 2010 6:24am
Quoting cloggie
Ma's, especially on cable are an important tool in the toolbox. I have experimented for years with different ones am really content with mine, I will have look at 1440 see how that fits in my trading plan.

very true its old but the best with fib thats what u need to trade
  • #220,468
  • Apr 22, 2010 6:26am Apr 22, 2010 6:26am
Quoting pawpaw1000


keep it coming u are doing great
  • #220,469
  • Apr 22, 2010 6:28am Apr 22, 2010 6:28am
Quoting cloggie
Good call, but don't forget about 538, been here for a month.
jip, its what I'm looking at right now, hoping for long actually now...
@pawpaw1000 on Twitter
  • #220,470
  • Apr 22, 2010 6:29am Apr 22, 2010 6:29am
Quoting pawpaw1000
jip, its what I'm looking at right now, hoping for long actually now...

Let it get close to 541 with another test of the low before entertaining a long. The more it gets tested the stronger it becomes. If it holds we will have a nice 90-120 pip ride up and NY will set the high for today.
  • #220,471
  • Apr 22, 2010 6:33am Apr 22, 2010 6:33am
Quoting cloggie
Ma's, especially on cable are an important tool in the toolbox. I have experimented for years with different ones am really content with mine, I will have look at 1440 see how that fits in my trading plan.

I agree.

Although I only use 50 and 200sma on 5min, 1hr and daily charts.
  • #220,472
  • Apr 22, 2010 6:34am Apr 22, 2010 6:34am
Quoting cloggie
Let it get close to 541 with another test of the low before entertaining a long. The more it gets tested the stronger it becomes. If it holds we will have a nice 90-120 pip ride up and NY will set the high for today.
got another test of 80 and then looking to break and close above 5404...
@pawpaw1000 on Twitter
  • #220,473
  • Apr 22, 2010 6:36am Apr 22, 2010 6:36am
Quoting pawpaw1000
got another test of 80 and then looking to break and close above 5404...

And watch your 25ma on M5/15 that will need to show you the way first. It is still indicating a retest of the low.
  • #220,474
  • Apr 22, 2010 6:39am Apr 22, 2010 6:39am
Quoting cloggie
And watch your 25ma on M5/15 that will need to show you the way first. It is still indicating a retest of the low.
my indicators pointing down but if 80 holds the picture could change very quickly... Maybe shoot back up to high... Havent traded today yet as my indicators havent given confirmation, even though I did know we were going down...

Wasnt here for last 2 hours either
@pawpaw1000 on Twitter
  • #220,475
  • Apr 22, 2010 6:40am Apr 22, 2010 6:40am
Quoting pawpaw1000
my indicators pointing down

Ah of course those lovely lagging momentum indicators that have bugger all to do with price....
  • #220,476
  • Apr 22, 2010 6:43am Apr 22, 2010 6:43am
Quoting cloggie
Ah of course those lovely lagging momentum indicators that have bugger all to do with price....
not exactly

Have updated my system a bit cloggs...

anyhow. I agree that If we go above 5400 I'm in targetting 5440...

AIAIAIAI... forgot, I propably should wait for news... darn!
@pawpaw1000 on Twitter
  • #220,477
  • Apr 22, 2010 7:02am Apr 22, 2010 7:02am
Quoting pawpaw1000
not exactly

Have updated my system a bit cloggs...

anyhow. I agree that If we go above 5400 I'm in targetting 5440...

AIAIAIAI... forgot, I propably should wait for news... darn!
Hi paw,

I was a bull this morning but changed sides since and currently have an open short 15407 hoping to hit 15357 before the end of the day. Hope I didnt change sides too soon but the 4 hour was very overbought.

why are you targeting 5440? goodluck man...
  • #220,478
  • Apr 22, 2010 7:05am Apr 22, 2010 7:05am
i am waiting for the news in 25m

more charts have fun
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 34 KB
  • #220,479
  • Apr 22, 2010 7:11am Apr 22, 2010 7:11am
Quoting Temps
Hi paw,

I was a bull this morning but changed sides since and currently have an open short 15407 hoping to hit 15357 before the end of the day. Hope I didnt change sides too soon but the 4 hour was very overbought.

why are you targeting 5440? goodluck man...
waiting for news mate...
@pawpaw1000 on Twitter
  • #220,480
  • Apr 22, 2010 7:17am Apr 22, 2010 7:17am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
..took a small +15 pips on last trade ...still fancy the short but rather be flat before us figs...will sell again if break the 80's...line in the sand as cloggie said..
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