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Cable Update (GBPUSD)

  • #227,321
  • May 18, 2010 12:34pm May 18, 2010 12:34pm
hi

i long @ 1.4400
  • #227,322
  • May 18, 2010 12:39pm May 18, 2010 12:39pm
shorted at 401
  • #227,323
  • May 18, 2010 12:41pm May 18, 2010 12:41pm
perfect timing

Quoting deboooo2005
hi

i long @ 1.4400
"The real genius is knowing when to stop." - Marc Faber
  • #227,324
  • May 18, 2010 12:45pm May 18, 2010 12:45pm
Quoting hhitch
perfect timing

risky bro
  • #227,325
  • May 18, 2010 12:48pm May 18, 2010 12:48pm
I was joking. actually I was short from 1.4444, just took profit at 1.4370, looking for new entry

Quoting kill56
risky bro
"The real genius is knowing when to stop." - Marc Faber
  • #227,326
  • May 18, 2010 1:03pm May 18, 2010 1:03pm
lets see if this level will hold?
  • #227,327
  • May 18, 2010 1:09pm May 18, 2010 1:09pm
Nice delayed drive down on G/U after what I am thinking was a no-demand bar on low volume 2 hours ago. If someone could confirm I would appreciate it since I am just learning VSA. We could be looking at a Deja-vu type bounce here like Sunday Night/Monday Morning.

Jim
  • #227,328
  • May 18, 2010 1:10pm May 18, 2010 1:10pm
oh wow look at the 1 hour euro chart

decision time or what - if it slips from here then it will go lower than whale muck
  • #227,329
  • May 18, 2010 1:11pm May 18, 2010 1:11pm
Quoting Nene
Nice delayed drive down on G/U after what I am thinking was a no-demand bar on low volume 2 hours ago. If someone could confirm I would appreciate it since I am just learning VSA. We could be looking at a Deja-vu type bounce here like Sunday Night/Monday Morning.

Jim
I closed my shorts in anticipation of said bounce, we tested yesterday's high and are now at yesterdays low of that high, let's see if a retrace materialises
  • #227,330
  • May 18, 2010 1:11pm May 18, 2010 1:11pm
close your long and join the train to the bears den.

Quoting deboooo2005
hi

i long @ 1.4400
  • #227,331
  • May 18, 2010 1:13pm May 18, 2010 1:13pm
I dont know about that, that last 1 hr candle is as close as a Marubozo you can get. Very Bearish!

http://www.babypips.com/images/candl...k-marubozu.gif

A White Marubozu contains a long white body with no shadows. The open price equals the low price and the close price equals the high price. This is a very bullish candle as it shows that buyers were in control the whole entire session. It usually becomes the first part of a bullish continuation or a bullish reversal pattern.
A Black Marubozu contains a long black body with no shadows. The open equals the high and the close equals the low. This is a very bearish candle as it shows that sellers controlled the price action the whole entire session. It usually implies bearish continuation or bearish reversal.


Quoting alex1976
lets see if this level will hold?
  • #227,332
  • May 18, 2010 1:24pm May 18, 2010 1:24pm
Here is a reliable open and close MA system that has worked for me for a long time. I am willing to share this to whoever wants it. Instead of using 2 MA's it uses one and splits it according to the open and close. Its a template so it will be easy to download to your chart. Work best for scalping the 5 and 15 min.

Jim
Attached File(s)
File Type: tpl aaaatheforce5.tpl   22 KB | 256 downloads
  • #227,333
  • May 18, 2010 1:26pm May 18, 2010 1:26pm
These shorts on cable and euro are making me feel guilty

I ride em down till they consolidate - get out - short every bounce - nothing scientific needed at all

tight s/l's - but most times even they don't get whacked

parity here we come

pity my stocks are zapped
  • #227,334
  • May 18, 2010 1:27pm May 18, 2010 1:27pm
G/U Stochastisc oversold on 5,15,30,1 hr and 4 hr is close.

Jim
  • #227,335
  • May 18, 2010 1:29pm May 18, 2010 1:29pm
Quoting Nene
G/U Stochastisc oversold on 5,15,30,1 hr and 4 hr is close.

Jim
we usually get the biggest moves when oversold/bought
  • #227,336
  • May 18, 2010 1:31pm May 18, 2010 1:31pm
dont like smelly fingers rallies is better
  • #227,337
  • May 18, 2010 1:31pm May 18, 2010 1:31pm
I was so busy with GU, I totally missed the EU short today .. anyone have ideas for a good entry to short from? I am thinking DP but could it make it up to 15 min 200 ma at .2386?
******************* I'd rather make money than be right.
  • #227,338
  • May 18, 2010 1:33pm May 18, 2010 1:33pm
Quoting 4xStar
I was so busy with GU, I totally missed the EU short today .. anyone have ideas for a good entry to short from? I am thinking DP but could it make it up to 15 min 200 ma at .2386?
2380 is a zone that I have set aside for a short along with the dpp. this will be in line with the system I use if we get there too.

15M tf trade..
  • #227,339
  • May 18, 2010 1:33pm May 18, 2010 1:33pm
EU is dropping so fast I dont know any good entry point

ANY retrace look a good point

my EU short is embarrassing !
  • #227,340
  • May 18, 2010 1:36pm May 18, 2010 1:36pm
Quoting uraceulose
2380 is a zone that I have set aside for a short along with the dpp. this will be in line with the system I use if we get there too.

15M tf trade..
TY .. that's what I am seeing too .. but she may just decide to dive--dive--dive from here
******************* I'd rather make money than be right.
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