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Cable Update (GBPUSD)

  • #222,441
  • Apr 29, 2010 4:08am Apr 29, 2010 4:08am
Quoting Jns
PawPaw
Find attached the MM Calculator I will send you the settings.
@pawpaw1000 on Twitter
  • #222,442
  • Apr 29, 2010 4:09am Apr 29, 2010 4:09am
that was the top for today guys ... now profits can be catch when PA go again till that point... all others will be corrections
  • #222,443
  • Apr 29, 2010 4:10am Apr 29, 2010 4:10am
http://img190.imageshack.us/img190/5664/dazzler26.jpg
  • #222,444
  • Apr 29, 2010 4:12am Apr 29, 2010 4:12am
just closed my cable short from 5250
  • #222,445
  • Apr 29, 2010 4:12am Apr 29, 2010 4:12am
hallo hallo....,how is she going??? so malcolmb is right?
becareful at his TP.
I will be the number one Manager.
  • #222,446
  • Apr 29, 2010 4:16am Apr 29, 2010 4:16am
http://img140.imageshack.us/img140/7561/pawpaw.gif

http://img697.imageshack.us/img697/7561/pawpaw.gif
  • #222,447
  • Apr 29, 2010 4:19am Apr 29, 2010 4:19am
Quoting forexlion
http://img140.imageshack.us/img140/7561/pawpaw.gif

http://img697.imageshack.us/img697/7561/pawpaw.gif
@pawpaw1000 on Twitter
  • #222,448
  • Apr 29, 2010 4:22am Apr 29, 2010 4:22am
hey... how ya doing all ?
  • #222,449
  • Apr 29, 2010 4:24am Apr 29, 2010 4:24am
Quoting pawpaw1000
look i said pawpaw fruit, but they look more like .............
  • #222,450
  • Apr 29, 2010 4:26am Apr 29, 2010 4:26am
Quoting forexlion
look i said pawpaw fruit, but they look more like .............
@pawpaw1000 on Twitter
  • #222,451
  • Apr 29, 2010 4:27am Apr 29, 2010 4:27am
H&S still holding up, effort to move up bar on M30 (closed at 9:00GMT) has had little effect on the buyers at the moment. To me this signifies weakness and further confirmation is required before a short.

Dazzer
  • #222,452
  • Apr 29, 2010 4:28am Apr 29, 2010 4:28am
Quoting Mathias83
hey... how ya doing all ?
Good morning Mathias, life is good at the moment.

Dazzer
  • #222,453
  • Apr 29, 2010 4:29am Apr 29, 2010 4:29am
Quoting Dazzer
H&S still holding up, effort to move up bar on M30 (closed at 9:00GMT) has had little effect on the buyers at the moment. To me this signifies weakness and further confirmation is required before a short.

Dazzer
Hi Daz I am short at 5221 what other confo are you refering to just so i am comfotable im not jumping the gun!
Maybe a break of 5207ish?
Trade what you see never what you think!
  • #222,454
  • Apr 29, 2010 4:32am Apr 29, 2010 4:32am
Quoting TheCatsPJs
Hi Daz I am short at 5221 what other confo are you refering to just so i am comfotable im not jumping the gun!
Maybe a break of 5207ish?
Jip, I'm waiting for that break and close before entering!
@pawpaw1000 on Twitter
  • #222,455
  • Apr 29, 2010 4:37am Apr 29, 2010 4:37am
Quoting TheCatsPJs
Hi Daz I am short at 5221 what other confo are you refering to just so i am comfotable im not jumping the gun!
Hey Cats,

Ideally a clean break of todays open as its bounced off it a few times above and below. If I had a short running at that level, I probably wouldn't be too concerned if my SL was above 1.5250. A clean break of todays open would bring my SL to BE and then let it run. Its just ranging, which could be accumulation which could be bad for the bears. The 200ema has come into play at the top of my screen and during sustained bear moves, it can act as moving res, so its too confusing for me at the moment.

Please do whatever you feel. I only have a 62% success rate at RRs of about 1:1.6.

Good luck mate

Dazzer
  • #222,456
  • Apr 29, 2010 4:40am Apr 29, 2010 4:40am
Quoting pawpaw1000
Jip, I'm waiting for that break and close before entering!
Well i think ill be safe if 5230 holds fingers crossed
Trade what you see never what you think!
  • #222,457
  • Apr 29, 2010 4:42am Apr 29, 2010 4:42am
Quoting pawpaw1000
Jip, I'm waiting for that break and close before entering!
And look at your 25ma on M5, that is still telling you we are consolidating with a slight bias to the upside. Then look at the 25ma on M15 together with the 150ma that is telling you also that a short is not valid yet. Then put up a lTL on M15 and you will see where the break needs to be for a short. Then keep an eye on the SR's of H1 and your plan is set. Eyes on 5206 and 5243 for a definitive break all else is scalping.

Simples.
  • #222,458
  • Apr 29, 2010 4:46am Apr 29, 2010 4:46am
Quoting TheCatsPJs
Well i think ill be safe if 5230 holds fingers crossed
The next few M5 bars will determine the validity of the H&S. This up move on the M15 has lower volume, but a bigger spread than the previous. This maybe a sucker punch for the bulls, before the cycle starts all over again... I'm on the side for now.
Always remember we're playing poker against the people who already know you're hand.

Cheers

Dazzer
  • #222,459
  • Apr 29, 2010 4:48am Apr 29, 2010 4:48am
Nothing bearish about this PA at the moment... im looking to close remainder of my long near 1.5280 and mabe take couple small short scalps otehr than that buying dips seems to work
  • #222,460
  • Apr 29, 2010 4:50am Apr 29, 2010 4:50am
5280 test would be nice
Thank You
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