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Cable Update (GBPUSD)

  • #224,761
  • May 6, 2010 6:13pm May 6, 2010 6:13pm
Quoting bbakker
I see another short coming on
Looks that way. Engulfing patterns on M15 and M30.

Dazzer
  • #224,762
  • May 6, 2010 6:13pm May 6, 2010 6:13pm
Quoting bbakker
I see another short coming on
Green already one test of 200ma on m1
  • #224,763
  • May 6, 2010 6:17pm May 6, 2010 6:17pm
Quoting bbakker
Green already one test of 200ma on m1
Closed
  • #224,764
  • May 6, 2010 6:18pm May 6, 2010 6:18pm
Quoting bbakker
Closed
Real peanuts 3 pips
  • #224,765
  • May 6, 2010 6:19pm May 6, 2010 6:19pm
I am a member now yeaaaaaaah
  • #224,766
  • May 6, 2010 6:22pm May 6, 2010 6:22pm
Quoting CoffeeDrinke
I am a member now yeaaaaaaah
Second attack and break on m200 on m1 needed to go south. I'm am out for now!
  • #224,767
  • May 6, 2010 6:22pm May 6, 2010 6:22pm
Quoting CoffeeDrinke
I am a member now yeaaaaaaah

welcome to the crackforex house
  • #224,768
  • May 6, 2010 6:23pm May 6, 2010 6:23pm
Quoting CoffeeDrinke
Yeah pretty big drops today but its not like you wernt expecting another drop the EUR/USD was droping like lead from the 4th and the EUR/JPY so yeah its massive but selloff sounds as if everyone wanted to just get in their cars and accelerate up, the EUR/JPY fell 900 pips in the end here, anyone knows y that dropd so massive and the USD/JPY also dropd massivly what happend in japan??? i trade 5min charts so that was pretty huge move to see lol

Thanks
So can someone tell me what happend in japan that the yens strenght was so much stronger than the dollars????
  • #224,769
  • May 6, 2010 6:24pm May 6, 2010 6:24pm
Quoting bbakker
Second attack and break on m200 on m1 needed to go south. I'm am out for now!
Here comes DP and 200ma on m5?

Go on the Magician! Still in there with his long I hope!
  • #224,770
  • May 6, 2010 6:24pm May 6, 2010 6:24pm
Quoting Dazzer
Looks that way. Engulfing patterns on M15 and M30.

Dazzer
1hre candle show a lot more of the sentiment of the market we see two big white candle right at support oversold area two big red candle that was not able to break any lower

and all this after a big move down which mean for now buyer are taking advantage of this lower price and positioning for an up move.

This is the way I interpret what is it now on the chart. thing might change quick but I have more chance to be right for an up move then for a lower move for the next hour or so. in my point of view

dont see any move down coming bbakker

for all the newbie that are trying to learn,, learn from the post that show you the reason for a position not the post that are saying I see this ... ho no I seee this coming .. ho no shit where this is coming etc...
Attached Image (click to enlarge)
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  • #224,771
  • May 6, 2010 6:26pm May 6, 2010 6:26pm
wel yeah this room is super active so i see the crack thing going, how much a hit??? lol
  • #224,772
  • May 6, 2010 6:27pm May 6, 2010 6:27pm
Quoting bbakker
Here comes DP and 200ma on m5?

Go on the Magician! Still in there with his long I hope!
harami on m5 is now validated for you long ones
  • #224,773
  • May 6, 2010 6:28pm May 6, 2010 6:28pm
Quoting bbakker
Here comes DP and 200ma on m5?

Go on the Magician! Still in there with his long I hope!

Yes mate still in there lol. I need some sleep, not sure whether to leave it for the night, although that might be a bit silly. Hmmmm
  • #224,774
  • May 6, 2010 6:30pm May 6, 2010 6:30pm
Wow tiger(lol) how do you get candles as a indicator omw neva seen that before, your chart looks really pretty
  • #224,775
  • May 6, 2010 6:30pm May 6, 2010 6:30pm
Quoting Lejumeau
1hre candle show a lot more of the sentiment of the market we see two big white candle right at support oversold area two big red candle that was not able to break any lower

and all this after a big move down which mean for now buyer are taking advantage of this lower price and positioning for an up move.

This is the way I interpret what is it now on the chart. thing might change quick but I have more chance to be right for an up move then for a lower move for the next hour or so. in my point of view

dont see any move down coming bbakker
Me neither, M30 engulfing pattern is dead. Well out of my comfort zone here folks.

Good luck to all (you'll need it - literally)

Dazzer
  • #224,776
  • May 6, 2010 6:34pm May 6, 2010 6:34pm
LUCK??? who needs luck?? the market can only go up or down, so you have a 50% chance of being right, plus then you have indicators that show you how the market is moving where it moved and with some analysis how it might move, so that should give you a edge, i want to open a casino you visiting???
  • #224,777
  • May 6, 2010 6:34pm May 6, 2010 6:34pm
Quoting bbakker
harami on m5 is now validated for you long ones
I see H3 and then 200ma on m5 now. Go on you longs.. I am
  • #224,778
  • May 6, 2010 6:36pm May 6, 2010 6:36pm
Quoting bbakker
I see H3 and then 200ma on m5 now. Go on you longs.. I am
and taken for peanuts again!
  • #224,779
  • May 6, 2010 6:38pm May 6, 2010 6:38pm
I am orf to bed ladies and gentlemen. I have had my fun and I am sure there is plenty more. Scalping is the only way to go and if you get in at the right time and the right direction you might grab yourself a handful of green pips. Good luck to you all and peace out
  • #224,780
  • May 6, 2010 6:40pm May 6, 2010 6:40pm
may the result take us south again
20m to first result
i'll do my best, and let the old lady decide where she wanna go
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