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Cable Update (GBPUSD)

  • #225,601
  • May 11, 2010 6:59am May 11, 2010 6:59am
damn, missed the sell!
  • #225,602
  • May 11, 2010 7:00am May 11, 2010 7:00am
trading the beast on 5 min is the easiest thing to do

no need to bother about SL either

http://img63.imageshack.us/img63/1707/34061042.gif
  • #225,603
  • May 11, 2010 7:04am May 11, 2010 7:04am
uhh, how is trading on 5min the easiest?

nice cherry picking there.
  • #225,604
  • May 11, 2010 7:05am May 11, 2010 7:05am
Quoting bbakker
The 200ma on m1 is not far off now. That ma might bring some resistance!
looks good now...

ma25 on m5 and m1
@pawpaw1000 on Twitter
  • #225,605
  • May 11, 2010 7:06am May 11, 2010 7:06am
ok, maybe we should consider longs?
  • #225,606
  • May 11, 2010 7:07am May 11, 2010 7:07am
Quoting pawpaw1000
above 4780 my short will start looking bad...
Looking on m15, I see a bull flag forming... I could be wrong. Ensure you have a tight SL
  • #225,607
  • May 11, 2010 7:08am May 11, 2010 7:08am
Quoting qwertymyfx
ok, maybe we should consider longs?
actually dont know what is going on... my indis telling me south but feels like we headed north...
@pawpaw1000 on Twitter
  • #225,608
  • May 11, 2010 7:09am May 11, 2010 7:09am
Quoting bbakker
Looking on m15, I see a bull flag forming... I could be wrong. Ensure you have a tight SL
G2G... leaving trade open with s/l at 85...

BLOEP... Stopped...

ciau
@pawpaw1000 on Twitter
  • #225,609
  • May 11, 2010 7:10am May 11, 2010 7:10am
Carefull.. EU also seen to start bullish.. for GU I think it could touch 1.4837 .. I'm just stay atm..
  • #225,610
  • May 11, 2010 7:12am May 11, 2010 7:12am
even cable is giving easy money on 5 min

http://img685.imageshack.us/img685/1043/cable.gif
  • #225,611
  • May 11, 2010 7:19am May 11, 2010 7:19am
afternoon ladies and gents. Well been a terrific last week. Busy at work so only time to trade not post. Been reading posts when I can and seems most people in the pips. Congrats!

IMO we are seeing a bottom out of the drops so far. It will only take a Tory / Lib agreement to see a 4/5 hundred pip upmove back to 1.52ish area. I'm out until more defined news comes, but hope it's today as I'm itching to get back in!

Good luck all.
  • #225,612
  • May 11, 2010 7:33am May 11, 2010 7:33am
Lion,
Does the Tail enable auto entry now?I am a total sucker with that.I know it handles exit.Thanks.

Charles


Quoting forexlion
even cable is giving easy money on 5 min


http://img685.imageshack.us/img685/1043/cable.gif
  • #225,613
  • May 11, 2010 7:33am May 11, 2010 7:33am
Quoting forexlion
even cable is giving easy money on 5 min

http://img685.imageshack.us/img685/1043/cable.gif
yeah, very easy.
  • #225,614
  • May 11, 2010 7:35am May 11, 2010 7:35am
Quoting pawpaw1000
actually dont know what is going on... my indis telling me south but feels like we headed north...
yeah but forexlion reckons it's "easy". hehe...
  • #225,615
  • May 11, 2010 7:40am May 11, 2010 7:40am
Quoting witsnpips
yeah but forexlion reckons it's "easy". hehe...
because in trading u simply ride the waves

the same way as surfing

never bother to predict target

or

Inserted Video
  • #225,616
  • May 11, 2010 7:45am May 11, 2010 7:45am
Quoting forexlion
even cable is giving easy money on 5 min

http://img685.imageshack.us/img685/1043/cable.gif
Hi Lion on tour Indi what do the green and red lines represent??
Trade what you see never what you think!
  • #225,617
  • May 11, 2010 7:45am May 11, 2010 7:45am
now what was so tough in surfing that wave ??

http://img96.imageshack.us/img96/6690/cablej.gif
  • #225,618
  • May 11, 2010 7:50am May 11, 2010 7:50am
tories/ lib dems to restart talks at 2.00pm gmt.
  • #225,619
  • May 11, 2010 7:51am May 11, 2010 7:51am
Guys, this could be just a higher low forming on the 4 hr.

JIm
  • #225,620
  • May 11, 2010 8:11am May 11, 2010 8:11am
possibility of a swing down from here, not sure
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