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Cable Update (GBPUSD)

  • #239,081
  • Jul 19, 2010 2:40am Jul 19, 2010 2:40am
Quoting forexlion
goo goo ga ga gee gee

i am just a baby compared to you professionals

http://img22.imageshack.us/img22/1292/15159687.gif
if cable breaks last week high 5471

then i will place stop @ BE and ride her

if it does not, I will place stop @ 5441 and wait for death
  • #239,082
  • Jul 19, 2010 2:44am Jul 19, 2010 2:44am
H1 is on mission Viagra

http://img834.imageshack.us/img834/5377/19239821.gif
  • #239,083
  • Jul 19, 2010 2:46am Jul 19, 2010 2:46am
Quoting forexlion
goo goo ga ga gee gee

i am just a baby compared to you professionals

http://img22.imageshack.us/img22/1292/15159687.gif

great entery..

i wanted to enter last night especially if there was a gap down..unfortunately i fell asleep ..would have loved it to go lower..oh well..

u do have a great system..makes sense!
  • #239,084
  • Jul 19, 2010 2:54am Jul 19, 2010 2:54am
Quoting nAVIN2007
great entery..

i wanted to enter last night especially if there was a gap down..unfortunately i fell asleep ..would have loved it to go lower..oh well..

u do have a great system..makes sense!
my main worry now is this 4 hour chart

guide me on this

http://img21.imageshack.us/img21/6656/38648014.gif
  • #239,085
  • Jul 19, 2010 3:03am Jul 19, 2010 3:03am
http://img835.imageshack.us/img835/3280/62914338.gif

I think its the Afghan War news which slowed cable a bit, lets see what the Actual is.
  • #239,086
  • Jul 19, 2010 3:05am Jul 19, 2010 3:05am
Quoting forexlion
my main worry now is this 4 hour chart

guide me on this

http://img21.imageshack.us/img21/6656/38648014.gif
well based on your ema's, looking to cross on the downside thats only cause friday movement was rapid to the down..PA on the other hand..looking at 4hr bullish outside bar at support confluence with the fib level 38.2

indicates a very strong uptrend..i suspect your ema may triger a sell but a support formed higher up will lead to break of resistance..reversal on friday movements

place the seat belts for long
Attached Image (click to enlarge)
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  • #239,087
  • Jul 19, 2010 3:11am Jul 19, 2010 3:11am
There was bullish divergence to the 1hr t/f at current lows...30min shown below by way of eg...looking to 'buy the dip' if one develops after a pullback on 1min/5min...will see what sets-up (if anything)

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 0805 30mnin rev c supporting.gif Size: 23 KB
ex member
  • #239,088
  • Jul 19, 2010 3:14am Jul 19, 2010 3:14am
Quoting clientfx
im short at 5291 tp lower BB
don't forget. stoploss is very useful. good luck with your trades.
Thank You
  • #239,089
  • Jul 19, 2010 3:17am Jul 19, 2010 3:17am
Quoting nAVIN2007

place the seat belts for long
bought the dip bro. the previous h4 close looks convincing enough too
Attached Image (click to enlarge)
Click to Enlarge Name: g4.gif Size: 23 KB
Thank You
  • #239,090
  • Jul 19, 2010 3:27am Jul 19, 2010 3:27am
Well, I am in long about 50 pips higher than I would like to be, but I think I will still be okay. The only problem is that the Daily Pivot today is also at Weekly Resistence.. same exact values on my chart.

Anyway, Craddle bottom with a bounce right off my 100 BB center line just as expected. Too bad I overslept just a bit and missed my first entry.. lol

Green pips everyone!

Attached Image (click to enlarge)
Click to Enlarge Name: h1.gif Size: 37 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,091
  • Jul 19, 2010 3:31am Jul 19, 2010 3:31am
Quoting wormboy
bought the dip bro. the previous h4 close looks convincing enough too
1.53 plenty of grave yards
  • #239,092
  • Jul 19, 2010 3:39am Jul 19, 2010 3:39am
Quoting nAVIN2007
1.53 plenty of grave yards
my eyes getting teary again. 5300 never fails to deliver
Thank You
  • #239,093
  • Jul 19, 2010 3:39am Jul 19, 2010 3:39am
Holding off at EMA200 on 5 minutes chart. Good time to buy?
  • #239,094
  • Jul 19, 2010 3:51am Jul 19, 2010 3:51am
Here was the entry I would have wanted... Morning star right off my 100 BB center line.

Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 38 KB
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,095
  • Jul 19, 2010 4:02am Jul 19, 2010 4:02am
Quoting wormboy
so which of the 4 is your trigger?
your h4 has not cleanly cleared the midband, so that is a no trade. your d1 is still in the upper band region, that is a no sell & your m30 had tested the lower band but you have not taken the money. Can't really make out your H1 tho.

gotta hand it to you to be trading without stoplosses. I remembered always doing that when I started trading few years ago. It's not worth it, in the long run it'll catch up with you

Isn't it typical how traders can't read their own charts?
  • #239,096
  • Jul 19, 2010 4:04am Jul 19, 2010 4:04am
I dont care whatever people says ..but with right MM, trust my own system..im sure my TP will HIT!!

I will not reply any bad comments about me..

anyway good luck on your trade..

peace.
  • #239,097
  • Jul 19, 2010 4:09am Jul 19, 2010 4:09am
Why master(s) or senior(s) here.....talking like a kid in playgroup?
  • #239,098
  • Jul 19, 2010 4:10am Jul 19, 2010 4:10am
Quoting damonl
Here was the entry I would have wanted... Morning star right off my 100 BB center line.

Attachment

The M15 was not a morning star as the first candle was bullish, however the M30 was a proper morning star with the first candle bearish, the middle body below the first and the last candle bullish. Just be patient, a Morning Star after a range takes time to give you the reversal.
  • #239,099
  • Jul 19, 2010 4:11am Jul 19, 2010 4:11am
Quoting forexliar
Why master(s) or senior(s) here.....talking like a kid in playgroup?

hahaha...im only a kid...nevermind what the pros said..

just keep humble
  • #239,100
  • Jul 19, 2010 4:11am Jul 19, 2010 4:11am
Quoting fr600
Holding off at EMA200 on 5 minutes chart. Good time to buy?
I did !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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