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Cable Update (GBPUSD)

  • #221,301
  • Apr 25, 2010 10:36pm Apr 25, 2010 10:36pm
in forex it is more reasonable to scalp

because then you are not adamant on direction, instead you ride the swings

in scalping you never bother for targets, you just collect the money on the table and run

in longer term trading you have to wait for something which may or may not happen

in scalping even 2 pips is good profit, your losses are also 2 to 3 pips at most

best thing

in scalping you never have time to post thousands of pages on FF
  • #221,302
  • Apr 25, 2010 10:39pm Apr 25, 2010 10:39pm
Thanks tsar , reading the 2nd ebook now!

Quoting Tsar
Hi onrac1,

Second e-book in my POST #221275 was Successful UPLOAD Now...

Needed ... More and more PATIENCE for Upload in BAD Connection (Since 12 Hours ago)
  • #221,303
  • Apr 25, 2010 10:46pm Apr 25, 2010 10:46pm
Quoting onrac1
Realized 41 pips today!
Good

Bro, I saw Your INDI use MACD Windows only ??

Please, Add Double S/R Diagonal INDI in my Post #21529
And Another INDI's (in Attachment) to make Prediction CABLE will be movement.
Attached File(s)
File Type: ex4 Support and Resistance (Barry)_v3.ex4   2 KB | 262 downloads
File Type: ex4 THV3 SDX-TzPivots_v4.ex4   27 KB | 285 downloads
File Type: ex4 #MTF Stochastic v2.0.ex4   8 KB | 272 downloads
File Type: ex4 #Signal_Bars_v8D.ex4   39 KB | 267 downloads
Always looking the GREAT, never left GOOD Point...
  • #221,304
  • Apr 25, 2010 10:58pm Apr 25, 2010 10:58pm
I would have to agree that this lion has just a touch of troll blood running through his veins.

Quoting bbakker
He will never notice.

The charts are simply posted with made up indies and lines. (Snow White, Girlfriend... WTF!) He never backs up his charts with a write-up so that people are left to interpret it for themselves. He likes to think he is a joker, but most of his jokes are not funny at all. I could go on, but I am already wasting my precious time.

Go through his history of posts and you will see what I mean... if you can be bothered. Now for the last time... Nuff said!
"The real genius is knowing when to stop." - Marc Faber
  • #221,305
  • Apr 25, 2010 11:05pm Apr 25, 2010 11:05pm
try this

Quoting pipn aint ez
like this maybe...i dont need all those stats though..
Attached File(s)
File Type: mq4 ADR_20051123_01_Mod_01_0000_start_GMT00.mq4   16 KB | 252 downloads
File Type: ex4 ADR_20051123_01_Mod_01_0000_start_GMT00.ex4   12 KB | 214 downloads
"The real genius is knowing when to stop." - Marc Faber
  • #221,306
  • Apr 25, 2010 11:20pm Apr 25, 2010 11:20pm
Quoting Dr_Cryonic
I still learning bout fibo.
Can anybody help me?
You have a very good observation that this could be a triangle. I have drawn out what I think this will do if it is a triangle. I don't think this is a triangle. Look at the fibonacci retracement as well. But I think this is probably a running flat that will go to the 1.5160 area because of the 50% fibo, but not below the 1.5150 area because of fibo. anyway I have included 3 counts that I have and I hope this helps. I'm thinking the last one is probable, reaching the 50% level...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBP_04_25_2010_2Hour.PNG Size: 32 KB
Click to Enlarge Name: GBP_04_25_2010_2Hour_2nd_Alternate.PNG Size: 32 KB
Click to Enlarge Name: GBP_04_25_2010_2Hour_Alternate.PNG Size: 31 KB
  • #221,307
  • Apr 25, 2010 11:26pm Apr 25, 2010 11:26pm
Anyway my prediction is Cable down tonight even though it has run up out the gate.
  • #221,308
  • Apr 25, 2010 11:29pm Apr 25, 2010 11:29pm
Quoting forexlion
he is not hiding

we had a round table conference over the weekend

the summary is that both euro and cable are under heavy buying pressure

view dollar index for the reason

Hope you bought the eu gap , as per our weekend conversation I will be in and out buying dips for hit and run trading. 50 pips a time

I would love to see large moves but just do not see the market ready for it.
Blogging daily now at www.volume.zone
  • #221,309
  • Apr 25, 2010 11:41pm Apr 25, 2010 11:41pm
Quoting malcolmb14
Hope you bought the eu gap , as per our weekend conversation I will be in and out buying dips for hit and run trading. 50 pips a time

I would love to see large moves but just do not see the market ready for it.
yeah

the calendar is dry today
  • #221,310
  • Apr 26, 2010 12:46am Apr 26, 2010 12:46am
Good afternoon everybody
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #221,311
  • Apr 26, 2010 12:50am Apr 26, 2010 12:50am
what makes you think cable is going down.. Everyone is saying it will go down.. the only thing i see is up ..
  • #221,312
  • Apr 26, 2010 12:51am Apr 26, 2010 12:51am
massive buys happening on gbp/usd
  • #221,313
  • Apr 26, 2010 12:52am Apr 26, 2010 12:52am
This one is not going down for a while my friends
  • #221,314
  • Apr 26, 2010 12:52am Apr 26, 2010 12:52am
Quoting JahDave
I have included 3 counts that I have and I hope this helps. I'm thinking the last one is probable, reaching the 50% level...
Interesting, although I don't think the last two counts would count because they have a wave 1 larger than its corresponding wave 3. Let me include my counts so ppl here tells me what they think.

On count 1, the last leg of corrective wave C was substituted by a triangle, (which btw is about to be invalidated if PA goes above 1.5470).

Count 2 shows a complex correction where a final wave C is developing and should go as high as 1.5575 before turning back down.


Just an apprentice thoughts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Scenario1.png Size: 51 KB
Click to Enlarge Name: Scenario2.png Size: 51 KB
  • #221,315
  • Apr 26, 2010 12:53am Apr 26, 2010 12:53am
Quoting pacha group
what makes you think cable is going down.. Everyone is saying it will go down.. the only thing i see is up ..
Yes up it is, I see the same thing
  • #221,316
  • Apr 26, 2010 12:58am Apr 26, 2010 12:58am
Bunch of Bashers i wish i knew what company they work for
  • #221,317
  • Apr 26, 2010 12:58am Apr 26, 2010 12:58am
Good Morning fellas,

today is scheduled to be last day of British Petroleum buying for dividend purposes ahead of tomorrows Q1 results announcement, but i donīt know if it is a fixed gmt time or with several tranches over the day?

wish greeny for all ff traders
  • #221,318
  • Apr 26, 2010 1:10am Apr 26, 2010 1:10am
morning... cable didnt want to get the resistance @ 5472... now moving lower... waiting for a little short entry
  • #221,319
  • Apr 26, 2010 1:11am Apr 26, 2010 1:11am
5380 1st target... Not in but looking...
@pawpaw1000 on Twitter
  • #221,320
  • Apr 26, 2010 1:18am Apr 26, 2010 1:18am
i took a small short at 1.5448, tp is lower wedge side around 1.534ish, sl at 1.5530, but iīm afraid of BP buying, strong up momentum and i will close manually
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