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Cable Update (GBPUSD)

  • #223,461
  • May 3, 2010 10:19pm May 3, 2010 10:19pm
Hello Forexlion.

I am new here. Girlfriend indicates your entry point or exit point.

Thx.

Raj
  • #223,462
  • May 3, 2010 10:31pm May 3, 2010 10:31pm
Red climax low - High volume high range bar down
Green climax high - High volume high range bar up
White Squat - High volume, low range
Yellow - no volume.

Refer yourself to the VSA thread.
"Fly Kite Fly!"
  • #223,463
  • May 3, 2010 10:35pm May 3, 2010 10:35pm
Quoting cello
hi lion,

can u teach me how to read or analyze this better volume indicator?

thx a lot bro
I do not use better volume

infact i do not even know how to read it

its just that i like the colors on the chart

the PA reading comes from the S/R line @ 5257 which is holding for so long

that line was the basis of my decision

not better volume
  • #223,464
  • May 3, 2010 11:14pm May 3, 2010 11:14pm
Hear is my plan for today. Currently riding sideways around the daily pp and s/r.
Move up to confluence around 5300:
- weekly pp
- 200 ema
- 50% fib retracement
Then down to 5150 area:
- 138.2% fib extension
- around last weeks lows
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd H1 20100505a.gif Size: 14 KB
The market is always right.
  • #223,465
  • May 3, 2010 11:39pm May 3, 2010 11:39pm
The PA is confusing con fusing

I give up
  • #223,466
  • May 4, 2010 12:07am May 4, 2010 12:07am
Quoting forexlion
The PA is confusing con fusing

I give up
I got an up move for LO...

see ya then...
@pawpaw1000 on Twitter
  • #223,467
  • May 4, 2010 12:21am May 4, 2010 12:21am
cable is out to pull down your pants if you long
  • #223,468
  • May 4, 2010 12:52am May 4, 2010 12:52am
hit my sl at break even.. geez nice move...
Verily, in every difficulties there is relief
  • #223,469
  • May 4, 2010 12:55am May 4, 2010 12:55am
Quoting forexlion
The PA is confusing con fusing

I give up


maybe euro looks more con vincing
Verily, in every difficulties there is relief
  • #223,470
  • May 4, 2010 12:58am May 4, 2010 12:58am
G M all

still risky watch u azz's stop loss a must

east is the way still unless we break 15280

good luck to all greeny all the way
  • #223,471
  • May 4, 2010 1:00am May 4, 2010 1:00am
Quoting kill56
G M all

still risky watch u azz's stop loss a must

east is the way still unless we break 15280

good luck to all greeny all the way
Morning Kill!

Bears still hungry this morning... I wonder what Frankie and London are going to make of this!
  • #223,472
  • May 4, 2010 1:14am May 4, 2010 1:14am
Quoting forexlion
I do not use better volume

infact i do not even know how to read it

its just that i like the colors on the chart

))))))
  • #223,473
  • May 4, 2010 1:21am May 4, 2010 1:21am
I think I should learn a language or sit on my hands till London.
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #223,474
  • May 4, 2010 1:22am May 4, 2010 1:22am
Took a cheeky long and already in green. Will put it to BE before London opens!
  • #223,475
  • May 4, 2010 1:26am May 4, 2010 1:26am
Good Morning,

cloggie, bbakker, paw, kill and all other good ff people.
Hope everyone had a nice relaxing weekend.
Wish everybody greeny for today´s trading.

Is U.K. election next weekend?
  • #223,476
  • May 4, 2010 1:29am May 4, 2010 1:29am
Quoting dag777
Good Morning,

cloggie, bbakker, paw, kill and all other good ff people.
Hope everyone had a nice relaxing weekend.
Wish everybody greeny for today´s trading.

Is U.K. election next weekend?
Good morning to you, election is Thursday
  • #223,477
  • May 4, 2010 1:30am May 4, 2010 1:30am
Quoting dag777
Good Morning,

cloggie, bbakker, paw, kill and all other good ff people.
Hope everyone had a nice relaxing weekend.
Wish everybody greeny for today´s trading.

Is U.K. election next weekend?
Thursday 06 may...
HI!
@pawpaw1000 on Twitter
  • #223,478
  • May 4, 2010 1:33am May 4, 2010 1:33am
ohh, middle of week, thank you.
unusual.
do you have a free day for voting, or is it normal working day in UK?
  • #223,479
  • May 4, 2010 1:34am May 4, 2010 1:34am
Who's long here? i'm long.. as D1 must perform bullish candle today as it already done 3 bearish candles.. nothing impossible in forex. i'm might be totally wrong.
  • #223,480
  • May 4, 2010 1:35am May 4, 2010 1:35am
Quoting dag777
ohh, middle of week, thank you.
unusual.
do you have a free day for voting, or is it normal working day in UK?
It has always been in the middle of the week! Normal working day, but the polling stations are open from 6/7am - 10pm.
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