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Cable Update (GBPUSD)

  • #221,201
  • Apr 23, 2010 2:10pm Apr 23, 2010 2:10pm
If you look closer you also have a classic one... so this make one inverted and one classic for same PA.

Trading will always be a matter of perception...

LOL

Quoting Dabek FX
Inverted Head and Shoulders is staring me right in the face on the 4H.

S/L 5320
Long 5380
T/P 5445



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"Fly Kite Fly!"
  • #221,202
  • Apr 23, 2010 2:15pm Apr 23, 2010 2:15pm
Quoting malcolmb14
pople get so caught up in pivots and moving averages as s/r and bounce lines they forget about the simple things in life.

The reason ej found support was due to the last pivot low also prior time it arrive at 123.5 there was massive buying shon on chart

eu bears are going to get it handed to them ...their arse and margin called account that is...

Attachment
it's all good though, my limit buy got triggered on e/u at 1.321.
  • #221,203
  • Apr 23, 2010 2:17pm Apr 23, 2010 2:17pm
Hey Malcom,

I'm using Dukascopy and they have real volume. But they have ask and bid volume, no both together since price is base on one or another.

Any clue what is the best way to understand that? Like is it better to look at bid or ask volume, or both in relation whit each other (witch start to be complicated).

Later!

Quoting malcolmb14
pople get so caught up in pivots and moving averages as s/r and bounce lines they forget about the simple things in life.

The reason ej found support was due to the last pivot low also prior time it arrive at 123.5 there was massive buying shon on chart

eu bears are going to get it handed to them ...their arse and margin called account that is...

Attachment
"Fly Kite Fly!"
  • #221,204
  • Apr 23, 2010 2:22pm Apr 23, 2010 2:22pm
Quoting Zulu
Hey Malcom,

I'm using Dukascopy and they have real volume. But they have ask and bid volume, no both together since price is base on one or another.

Any clue what is the best way to understand that? Like is it better to look at bid or ask volume, or both in relation whit each other (witch start to be complicated).

Later!
Hey bud,

We use tick volume in forex. It's basically the amount of transactions that take place on a give bar/candle. Each order/lot is treated as a "tick", you can see if there is more volume just by seeing the amount of orders that take place obviously...
  • #221,205
  • Apr 23, 2010 2:40pm Apr 23, 2010 2:40pm
Quoting uraceulose
Hey bud,

We use tick volume in forex. It's basically the amount of transactions that take place on a give bar/candle. Each order/lot is treated as a "tick", you can see if there is more volume just by seeing the amount of orders that take place obviously...
I trade FX for last 5 years, I know what is tick volume.
Tick volme is more "the activity of a bar" then anything else.
And the number of transaction dosen't have direct relation whit volume...

Dukascopy is an ECN, so it show the volume of the money provider (banks) they work whit.
And since they are a big broker for institutional it make sens to analyse their volume.

Take care!
"Fly Kite Fly!"
  • #221,206
  • Apr 23, 2010 2:59pm Apr 23, 2010 2:59pm
Loaded longs into the weekend crazy gambler.. I hope i see 100 pip open on sunday lol
  • #221,207
  • Apr 23, 2010 3:09pm Apr 23, 2010 3:09pm
The ultimate expert advisor:

After all is said and done, after all the study and research...
after the many hours, weeks, months and years of learning,
toiling and with all the practice and due diligence... have you
yet discovered or felt the need for this overlooked expert advisor,
this guide, this companion to assist you in all your pursuits?
Do you seek after it, do you embrace it and then draw from it?
Has it become your constant partner in all that you do, and
do you quiet your mind sufficiently to hear its promptings.

It is that light within.. that source of power that emanates
thru the universe and fills the immensity of space... that gives
light and life to everything, that reveals truth, wisdom and
understanding, that comforts, and leads to peace, happiness,
joy AND SUCCESS.

This I believe... so enjoy this over the weekend:

http://www.youtube.com/watch?v=h4qPKc6_x2k

and much success in your trading,

Dr. D.
voodooboodoodoc
  • #221,208
  • Apr 23, 2010 4:26pm Apr 23, 2010 4:26pm
Quoting Zulu
I trade FX for last 5 years, I know what is tick volume.
Tick volme is more "the activity of a bar" then anything else.
And the number of transaction dosen't have direct relation whit volume...

Dukascopy is an ECN, so it show the volume of the money provider (banks) they work whit.
And since they are a big broker for institutional it make sens to analyse their volume.

Take care!

Sorry man, I misunderstood your question. Take care and have a good weekend all.

Donnie
  • #221,209
  • Apr 23, 2010 4:39pm Apr 23, 2010 4:39pm
Quoting egkid
Hey bro
Do u trade American futures downJ , S&P 500
I don't trade it but keep an eye on it , Seems to me the top on weekly
What do u think?
sorry bro was out

i use to trade dow not s p long time ago now i use them as an indii will check and let u know bro
  • #221,210
  • Apr 23, 2010 4:59pm Apr 23, 2010 4:59pm
Quoting kill56
rooom...
Yes mate we sure do need all the help we can get
keep up the good work mate
Have a nice weekend

Attached Image
  • #221,211
  • Apr 23, 2010 5:52pm Apr 23, 2010 5:52pm
Good ADVICE to Senior Traders (with BIG Capital) for Good LEARN to Junior Traders (with SMALL Capital)

Quoting kill56;
rooom plz take easy this thread is the best in ff we are not here to brag about a trade or how many pips we make a week or a day its about u own way of trade and if its working for u or not we have a lot of new comers and they wanna learn how to trade most of them have tiny accounts and most of them they are losing why not teach them how to trade how to manege their account when to open and close nothing wrong with long term trading long or short if u have a big azz acc. if not its to risky to stay long and add and see u acc blown lets learn teach help care lets be a family
Always looking the GREAT, never left GOOD Point...
  • #221,212
  • Apr 23, 2010 6:02pm Apr 23, 2010 6:02pm
Quoting Tsar
Good ADVICE to Senior Traders (with BIG Capital) for Good LEARN to Junior Traders (with SMALL Capital)

salam bro

how are bro

i will be online soon my msn is bad trying to fix now
  • #221,213
  • Apr 23, 2010 6:45pm Apr 23, 2010 6:45pm
Quoting kill56
salam bro

how are bro

i will be online soon my msn is bad trying to fix now
Fine, Bro.

BACK to BASIC for Learn ADVANCE Trade
Almost 2 Weeks LEARN again : PA, S/R, MA, Chart Pattern plus ZIG ZAG.
NOT Used Harmonic Pattern

Happy Weekend for you.
Always looking the GREAT, never left GOOD Point...
  • #221,214
  • Apr 24, 2010 2:48am Apr 24, 2010 2:48am
Daily and weekly on My view
If price open with No Gap down there will be strong consolidation = "NO Trend to follow and this Range between Red Lines 1.53 - 1.5540 " which is what Bulls Try to do and i will not risk my money in market like this

I will wait till Tuesday then decided If i hold my positions or No. If Price Break green Line 1.5165 - 1.5615 That will be breakout
I will close my Trades if it keep bouncing between red line. Below my Daily chart hope it clear and could Hep

GL
Egkid
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  • #221,215
  • Apr 24, 2010 3:36am Apr 24, 2010 3:36am
Quoting timotei
Good morning chaps.

I've recently read that someone has an HTC phone.

I'm thinking of an HTC desire and was wondering if there is a forex app. for android.

Anyone know ?

Thanks for the huge response chaps, totally underwhelming.
  • #221,216
  • Apr 24, 2010 4:38am Apr 24, 2010 4:38am
Who has a chance to win in forex market?
Only moral good people. Why? Because they are not greedy. Because they have real job and are not idle to enter risky trades and can afford to wait for a better chance. Good man has patiance to obtain skill to get a job and has patiance to keep his profitable position in this job. He can afford to work out a winninig strategy combining his two positions: job and forex so that his forex position month loss mustn,t exceed 10% of his monthly job gains.
But good people don,t play forex. they just change currency 1:1 and have patience to wait for this exchange to become profitable doing their jobs with no stress. The only way out is: to become real good people
  • #221,217
  • Apr 24, 2010 5:30am Apr 24, 2010 5:30am
Good day !
as you must have seen , GU have formed a pattern of head and shoulders on 4h time frame , hence we waited for a breakdown of a nick line , but what happened was that price once reached the nick retraced up before market close last friday .
so we wonder , should market break down and make the down trend till end of next week ? or was it a false pattern and would flag ?
here are the charts
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this one is before the fall in friday
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this is the current chart
so , what do you think would accur ? 1 or 2 ?
regards
  • #221,218
  • Apr 24, 2010 6:17am Apr 24, 2010 6:17am
look at this
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  • #221,219
  • Apr 24, 2010 6:55am Apr 24, 2010 6:55am
Beautiful! I did not know this group .. amazing music & lyrics. Thanks.

http://www.youtube.com/watch?v=h4qPKc6_x2k

Quoting fourxtrader
The ultimate expert advisor:
...
It is that light within.. that source of power that emanates
thru the universe and fills the immensity of space... that gives
light and life to everything, that reveals truth, wisdom and
understanding, that comforts, and leads to peace, happiness,
joy AND SUCCESS.

[color=blue][i]This I believe... so enjoy this over the...
******************* I'd rather make money than be right.
  • #221,220
  • Apr 24, 2010 7:06am Apr 24, 2010 7:06am
please, for you and for all

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