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Cable Update (GBPUSD)

  • #229,701
  • Jun 3, 2010 7:56am Jun 3, 2010 7:56am
Quoting wormboy
I asked him for those numbers to tally up with mine.
There won't be any "I told you so". Take it easy.

Not everybody understands how to manage longer runs I guess.
  • #229,702
  • Jun 3, 2010 7:59am Jun 3, 2010 7:59am
Quoting wormboy
I asked him for those numbers to tally up with mine.
There won't be any "I told you so". Take it easy.
Chill bru.
  • #229,703
  • Jun 3, 2010 7:59am Jun 3, 2010 7:59am
Quoting vilas
Sorry about your losses, Jim. Take a break.

As for Malc, you must have asked for knowledge and not pips while praying and ...... Even mortals with great knowledge have to change their "boots" if the present one not fitting !
no you do not get it ... I am in the top 5% that actually make money by end of year and on average I make about 38 pip a day including losses thru the year . So i figure i do pretty damn good .

In here most make hundreds of pips every day even though the stats of traders that fail / break even / blow up accounts say different.. No matter what the market is doing. Market could range in 30 pip and someone will say hey I made 500 pip today ' awesome scalping range '

also with knowledge comes pip . Think Magix does so well .. and I know he is not full of crap as i traded with him on skype , by not getting knowledge 1st . Think my gu long 1.4605 was by pure chance and not the stopping volume that came in on the 15 min . BTW I am only taking 20 pip a trade these days and be happy.

I learnt this off magix , as he takes many trades during the day and books the pips and heli ben is up in 15 min and could do anything to the market , vol on 10 min es on an up move drying up .
Blogging daily now at www.volume.zone
  • #229,704
  • Jun 3, 2010 8:01am Jun 3, 2010 8:01am
Quoting ubaidahsan
oopss upset in long since yesterday was in profit now again in --- what to do next still confuse target was 4820 target is still same but if it bounce from here so it could be possible otherwise wormy what are your views for cable

Ub

here is my cahrt...
Depends on the strategy ub.
If you're scalping, if you ask me right now, it's a buy. 610 was a good level as mentioned earlier. The numbers which myself and cloggie brought up between us are the supp/res. Could be used for entry/exit for the scalps.
If you're trading the larger tf, the immediate bias is bullish, so wait for a reversal pattern to go long. Keep buying the dips until a lower low appears on the H4 at least.

Good luck bro!
Thank You
  • #229,705
  • Jun 3, 2010 8:03am Jun 3, 2010 8:03am
.
Attached Image
  • #229,706
  • Jun 3, 2010 8:03am Jun 3, 2010 8:03am
Quoting wormboy


Let's run the numbers again, see if we have em close
I have 581 & 550 below 610 and 630 & 672 as upside.
Missed 630 by 1 pip clogs, another retest perhaps. Take it out like yesterday & we'll have ourselves a runner again
Thank You
  • #229,707
  • Jun 3, 2010 8:06am Jun 3, 2010 8:06am
Quoting wormboy
Missed 630 by 1 pip clogs, another retest perhaps. Take it out like yesterday & we'll have ourselves a runner again

Mine was 634. That's what I am waiting for, catch the runners and all will be well in the end of the day.
  • #229,708
  • Jun 3, 2010 8:07am Jun 3, 2010 8:07am
Quoting wormboy
Missed 630 by 1 pip clogs, another retest perhaps. Take it out like yesterday & we'll have ourselves a runner again
Here she is again cloggs. Let's see 663 please. Run forrest run!
Thank You
  • #229,709
  • Jun 3, 2010 8:08am Jun 3, 2010 8:08am
Quoting wormboy
Depends on the strategy ub.
If you're scalping, if you ask me right now, it's a buy. 610 was a good level as mentioned earlier. The numbers which myself and cloggie brought up between us are the supp/res. Could be used for entry/exit for the scalps.
If you're trading the larger tf, the immediate bias is bullish, so wait for a reversal pattern to go long. Keep buying the dips until a lower low appears on the H4 at least.

Good luck bro!
i got my BE point lower than your 610 buddy
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Verily, in every difficulties there is relief
  • #229,710
  • Jun 3, 2010 8:09am Jun 3, 2010 8:09am
Quoting cloggie
Mine was 634. That's what I am waiting for, catch the runners and all will be well in the end of the day.
both our numbers are up now mate
Thank You
  • #229,711
  • Jun 3, 2010 8:10am Jun 3, 2010 8:10am
Quoting primzvicious
i got my BE point lower than your 610 buddy
heli ben is up in 5 min .... my cause weakness in usd , taking gu to 1.4665
Blogging daily now at www.volume.zone
  • #229,712
  • Jun 3, 2010 8:11am Jun 3, 2010 8:11am
..
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  • #229,713
  • Jun 3, 2010 8:12am Jun 3, 2010 8:12am
Quoting malcolmb14
heli ben is up in 5 min .... my cause weakness in usd , taking gu to 1.4665
thx nice info malc
Verily, in every difficulties there is relief
  • #229,714
  • Jun 3, 2010 8:13am Jun 3, 2010 8:13am
Quoting primzvicious
i got my BE point lower than your 610 buddy
might want to cover a bit more that BEP buddy. 610 was a gift, don't give it away
see your fast stochs are turning up aldy, just a heads up, the slow hasn't. So this can go back for a retest before flying back up. Another reason to cover a bit more than BEP perhaps

Good luck!
Thank You
  • #229,715
  • Jun 3, 2010 8:16am Jun 3, 2010 8:16am
War could break out at any time- North Korean diplomat According to a Dow Jones headline.


Look for the headlines to add to “risk-off” sentiment
  • #229,716
  • Jun 3, 2010 8:16am Jun 3, 2010 8:16am
Quoting wormboy
might want to cover a bit more that BEP buddy. 610 was a gift, don't give it away
see your fast stochs are turning up aldy, just a heads up, the slow hasn't. So this can go back for a retest before flying back up. Another reason to cover a bit more than BEP perhaps

Good luck!
the key of that 605 is my new indicator... if 161% fibonaci is broke it test fibo round number 200% (at H1 timeframe).... try it.... it work for this 2 days
Verily, in every difficulties there is relief
  • #229,717
  • Jun 3, 2010 8:20am Jun 3, 2010 8:20am
Quoting cloggie
Mine was 634. That's what I am waiting for, catch the runners and all will be well in the end of the day.

She is stubborn.
  • #229,718
  • Jun 3, 2010 8:20am Jun 3, 2010 8:20am
Quoting primzvicious
the key of that 605 is my new indicator... if 161% fibonaci is broke it test fibo round number 200% (at H1 timeframe).... try it.... it work for this 2 days
look at this
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Verily, in every difficulties there is relief
  • #229,719
  • Jun 3, 2010 8:24am Jun 3, 2010 8:24am
Quoting wormboy
Hang in there brother. My with you all the way!
In any trades at the mo?
Thanks brother.

Nope, no trades right now. Will PM you in a few minutes.
Ghost Rider - WWTBMD?
  • #229,720
  • Jun 3, 2010 8:24am Jun 3, 2010 8:24am
This is what im looking for

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