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Cable Update (GBPUSD)

  • #223,081
  • Apr 30, 2010 9:21am Apr 30, 2010 9:21am
fok last chance to catch this falling knife long at 1.5262 stop at 38
  • #223,082
  • Apr 30, 2010 9:23am Apr 30, 2010 9:23am
Quoting lexazver
fok last chance to catch this falling knife long at 1.5262 stop at 38

I am expecting a retrace here too so may join you shortly. Just want it confirmed first, alternatively we are going to 52126, I am giving it 10-20 mins or so just to watch the PA. I am flat now.
  • #223,083
  • Apr 30, 2010 9:23am Apr 30, 2010 9:23am
Quoting Magix
5 PM, EST.

In starting to work with the Cam averages, the one issue that seems to be most present is the time reset on the meta4 charts that I am working with. None of the brokers that I am currently with have this as the change of day, so my averages for the cam indies seems to be a touch out, therefore have been just relying on the Moving Averages for true play and signal.

I have monkeyed around with it some, will try a little more over the weekend, but for now will stick to a manual add on the daily open based on true roll over.

Hope this...
I agree, the cam lines are a little out. I have checked out what charting software Digger is using, but that is a monthly cost! Although it should pay for itself in the long run! I do like my MT4 though.
  • #223,084
  • Apr 30, 2010 9:28am Apr 30, 2010 9:28am
It seems that it break below the 1.5315 and is going down to the 1.5265 level if it break below it will go to 1.5220. Will see it was going up really nice until the latest economic news of the US were release, they show a great improvement in the economy.
  • #223,085
  • Apr 30, 2010 9:30am Apr 30, 2010 9:30am
okok buyers stepping it up now....let the proper battle commence
  • #223,086
  • Apr 30, 2010 9:31am Apr 30, 2010 9:31am
[quote=Magix;3687227]5 PM, EST.

In starting to work with the Cam averages, the one issue that seems to be most present is the time reset on the meta4 charts that I am working with. None of the brokers that I am currently with have this as the change of day, so my averages for the cam indies seems to be a touch out, therefore have been just relying on the Moving Averages for true play and signal.

I have monkeyed around with it some, will try a little more over the weekend, but for now will stick to a manual add on the daily open based on true roll over.

Hope this helps.



Many thanks for your detailed explaination. My broker is GMT + 1 so on the camarilladt7v1 I have the GMT shift Sun set to 6.0 which should equate to 5 pm eastern
  • #223,087
  • Apr 30, 2010 9:36am Apr 30, 2010 9:36am
bounced nicely off 25ma on m5... keep going down you BIAT...

Until the spike...
@pawpaw1000 on Twitter
  • #223,088
  • Apr 30, 2010 9:40am Apr 30, 2010 9:40am
well, how nice... looks like i may have been caught in a bear trap...

Very nice cable... S/l 5314
@pawpaw1000 on Twitter
  • #223,089
  • Apr 30, 2010 9:43am Apr 30, 2010 9:43am
Quoting pawpaw1000
well, how nice... looks like i may have been caught in a bear trap...

Very nice cable... S/l 5314

A close on M15 above 52960 and you will be in the sh!t, that's where I will ponder a long.
  • #223,090
  • Apr 30, 2010 9:45am Apr 30, 2010 9:45am
Quoting cloggie
A close on M15 above 52960 and you will be in the sh!t, that's where I will ponder a long.
got a nice close on the m15 at least...
@pawpaw1000 on Twitter
  • #223,091
  • Apr 30, 2010 9:46am Apr 30, 2010 9:46am
Quoting pawpaw1000
well, how nice... looks like i may have been caught in a bear trap...

Very nice cable... S/l 5314
Bounced off the 200ma on m1. Just sit patiently and keep an eye out on PA.

Also 200ma on m15 AND m30! This is decision time! Still favouring my short and I am keeping it open for now!
  • #223,092
  • Apr 30, 2010 9:46am Apr 30, 2010 9:46am
Quoting pawpaw1000
got a nice close on the m15 at least...
Yup, no confirmation for my long yet. Am still flat, I took my profits at the bottom, unlike some of us....... pawpaw
  • #223,093
  • Apr 30, 2010 9:48am Apr 30, 2010 9:48am
Quoting cloggie
Yup, no confirmation for my long yet. Am still flat, I took my profits at the bottom, unlike some of us....... pawpaw
I only got in below 80... Wasnt here for the 1st leg down!
@pawpaw1000 on Twitter
  • #223,094
  • Apr 30, 2010 9:49am Apr 30, 2010 9:49am
Quoting pawpaw1000
I only got in below 80... Wasnt here for the 1st leg down!

Bl@@dy young'uns sleeping in again and then blaim the market for their crappy entry
  • #223,095
  • Apr 30, 2010 9:50am Apr 30, 2010 9:50am
Quoting cloggie
Bl@@dy younuns sleeping in again and then blaim the market for their crappy entry
  • #223,096
  • Apr 30, 2010 9:52am Apr 30, 2010 9:52am
Quoting cloggie
Bl@@dy younuns sleeping in again and then blaim the market for their crappy entry


Reckon I'm dead mate... Might close manually at a better price...
@pawpaw1000 on Twitter
  • #223,097
  • Apr 30, 2010 9:56am Apr 30, 2010 9:56am
Quoting pawpaw1000


Reckon I'm dead mate... Might close manually at a better price...

I've gone long at 529, just a cheeky one. 53107 is the next hurdle.
  • #223,098
  • Apr 30, 2010 9:56am Apr 30, 2010 9:56am
Quoting lexazver
fok last chance to catch this falling knife long at 1.5262 stop at 38
closed 3/4 at 5305 (+43) stop on the rest at BE+3
  • #223,099
  • Apr 30, 2010 9:59am Apr 30, 2010 9:59am
Quoting cloggie
I've gone long at 529, just a cheeky one. 53107 is the next hurdle.
And just closed it at 5305, it's a bit messy here. Stick to your SL Pawpaw it is right above the next resistance so a good place for it.

Looking for my next short.
  • #223,100
  • Apr 30, 2010 10:00am Apr 30, 2010 10:00am
Quoting cloggie
I've gone long at 529, just a cheeky one. 53107 is the next hurdle.
Bear Bull battle is on! Who is going to prevail?
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