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Cable Update (GBPUSD)

  • #239,121
  • Jul 19, 2010 4:52am Jul 19, 2010 4:52am
Quoting kaspopsicle
i.m begining to think that u r a paper trader (dummy account) u must have been looking at 5 min.to have got so excited yet u claim to be making $$$$$$$$$$$ on long term trading. any longer time frame would have told u that eur is very predictable with S/R.Why get so exited over NOTHING?
Nav has earned my vouch not because he's a paper trader as you claimed, he's earned my vouch becasue he's a technically sound trader that does not calim to me making gazillions like the rest of the mob here. He's help many people here and have shared alot of his ideas and trading techniques to fellow newbies.

Be sure you have a healthy contribution before pointing the finger.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #239,122
  • Jul 19, 2010 4:53am Jul 19, 2010 4:53am
Quoting nAVIN2007
1.53 plenty of grave yards
Dug some more graves for the bears, good luck bro
  • #239,123
  • Jul 19, 2010 5:02am Jul 19, 2010 5:02am
Quoting Bull_Bear
Nav has earned my vouch not because he's a paper trader as you claimed, he's earned my vouch becasue he's a technically sound trader that does not calim to me making gazillions like the rest of the mob here. He's help many people here and have shared alot of his ideas and trading techniques to fellow newbies.

Be sure you have a healthy contribution before pointing the finger.
..still unchanged..anyway just visit my old friend and say hello and how are you ?
  • #239,124
  • Jul 19, 2010 5:07am Jul 19, 2010 5:07am
Quoting forexlion
Dug some more graves for the bears, good luck bro
A very glaring bear trap, atleast they should have covered it with some grasses
  • #239,125
  • Jul 19, 2010 5:08am Jul 19, 2010 5:08am
Quoting Bull_Bear
Nav has earned my vouch not because he's a paper trader as you claimed, he's earned my vouch becasue he's a technically sound trader that does not calim to me making gazillions like the rest of the mob here. He's help many people here and have shared alot of his ideas and trading techniques to fellow newbies.

Be sure you have a healthy contribution before pointing the finger.
thanks bud..

Quoting grashid
..still unchanged..anyway just visit my old friend and say hello and how are you ?
good to see u around bro!..thinkgs are good actually profitable now (touch wood)..HAHA

Hope things are great for u as well

price is havin a hard time getting through this road block..
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  • #239,126
  • Jul 19, 2010 5:10am Jul 19, 2010 5:10am
Quoting grashid
..still unchanged..anyway just visit my old friend and say hello and how are you ?
Grass man, I good mate, just the usual BEER MONEY TM.

Long time so see bro. You still hitting her hard now?

Gotta get some chow bro.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #239,127
  • Jul 19, 2010 5:13am Jul 19, 2010 5:13am
Quoting cloggie
I am still waiting for a better entry. Don't give much credence to patterns within a range until we see a proper close above.
I would have thought that 1Hr bar at 8:00 would have been the break out of the range. What made you think differently?
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,128
  • Jul 19, 2010 5:14am Jul 19, 2010 5:14am
Quoting nAVIN2007
thanks bud..

Bud ??

http://img13.imageshack.us/img13/1134/budlight.gif
  • #239,129
  • Jul 19, 2010 5:17am Jul 19, 2010 5:17am
Quoting damonl
I would have thought that 1Hr bar at 8:00 would have been the break out of the range. What made you think differently?
I still saw H4 as bearish while H1 was bullish so wanted them to line up first. I am still not biased either way yet. Some dollar strength has entered the markets this morning. I am still neutral on direction here, that said the hourly is showing signs of a bearish pattern.
  • #239,130
  • Jul 19, 2010 5:18am Jul 19, 2010 5:18am
Quoting damonl
I would have thought that 1Hr bar at 8:00 would have been the break out of the range. What made you think differently?
u are looking at 1hr chart and breakouts on this time frame u might as well call it a stop hunt..


Quoting forexlion
Bud ??

http://img13.imageshack.us/img13/1134/budlight.gif

thanks bud, bud
  • #239,131
  • Jul 19, 2010 5:18am Jul 19, 2010 5:18am
wassup gang...
something appears to put pressure on cable and from the looks of it's set up pretty well too for a little decline...but she is being a little b!%chy today...maybe she's not in the mood ...today being monday n stuff...
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Hear the music before the song is over ...
  • #239,132
  • Jul 19, 2010 5:23am Jul 19, 2010 5:23am
Quoting Bull_Bear
Grass man, I good mate, just the usual BEER MONEY TM.

Long time so see bro. You still hitting her hard now?

Gotta get some chow bro.

good to see u around bro!..thinkgs are good actually profitable now (touch wood)..HAHA

Hope things are great for u as well

price is havin a hard time getting through this road block..[/quote]

Thanks buddy..my 2010 project on Eu n gu just ended last few week and now back as usual...2nd wave for another long term run....medium term am done at 54250 and now ..for another ...then as usual will take it off then long rest...

Since i have so many free time right now, will see if i could back to contribute into this thread...

c ya navin/bb

g
  • #239,133
  • Jul 19, 2010 5:24am Jul 19, 2010 5:24am
Quoting nAVIN2007
u are looking at 1hr chart and breakouts on this time frame u might as well call it a stop hunt..






thanks bud, bud
Not really looking for breakouts really.. just playing my bullish weekly candle off reversals of my BB points that I play.... win some lose some
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,134
  • Jul 19, 2010 5:24am Jul 19, 2010 5:24am
Nice set-up on the 30min with good PB trigger at these 5250 bids and bottom of that 1hr descending channel referred to earlier...I have exited for a paltry +6pips, (Doh !!) Time will tell if that is a good or bad decision but in my experienmce early pre-target exits are generally cost you pips... Oh well..
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ex member
  • #239,135
  • Jul 19, 2010 5:26am Jul 19, 2010 5:26am
Quoting cloggie
I still saw H4 as bearish while H1 was bullish so wanted them to line up first. I am still not biased either way yet. Some dollar strength has entered the markets this morning. I am still neutral on direction here, that said the hourly is showing signs of a bearish pattern.
Yep, you are right there... H4 is still defintely bearish....
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,136
  • Jul 19, 2010 5:29am Jul 19, 2010 5:29am
Quoting damonl
Yep, you are right there... H4 is still defintely bearish....

There is nothing yet for a longer trade, just like bbmac, am playing the channel bounces, am using M15 in my case, a few pips here and there nothing special yet. We just got back to the bottom of the channel so am flat again seeing if she holds or finally going to give out on us.
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  • #239,137
  • Jul 19, 2010 5:48am Jul 19, 2010 5:48am
Bear Trap?? They bounce it well from the TL..

Short From Here. 1.5295.. Its Monday.. Things happen.. still on the track.. SL Updated Later. Once it breaks 1.5265 Then we will dive deeper..
  • #239,138
  • Jul 19, 2010 5:53am Jul 19, 2010 5:53am
Quoting bbmac
Nice set-up on the 30min with good PB trigger at these 5250 bids and bottom of that 1hr descending channel referred to earlier...I have exited for a paltry +6pips, (Doh !!) Time will tell if that is a good or bad decision but in my experienmce early pre-target exits are generally cost you pips... Oh well..

Close of the 1135am (uk time) 5min bull engulf gave a 2nd chance entry to that set-up which has now seen +20 at best, correct at writiing...I missed it.

This is what I am see-ing on 1hr now (the red and blue zones are previous obvious near-term fractal swing hi/lo's that are coexistant on 4hr also.actually there are no blue zones in view on this screenshot.)

G/L
Attached Image
ex member
  • #239,139
  • Jul 19, 2010 5:54am Jul 19, 2010 5:54am
Quoting mloistianto
Bear Trap?? They bounce it well from the TL..
market definitely wants to make it look like a bear trap...but imo it's more like a "reverse bull trap"....
this is one of those perverse market conditions that makes trading a dreadful nightmare to many people...present company excluded of course!
Hear the music before the song is over ...
  • #239,140
  • Jul 19, 2010 5:54am Jul 19, 2010 5:54am
Quoting GlobalMacro
WOOOOOW!!!
1.5 hours...bro...?
Damn...your meal should definitely contain HIGH PROTEIN! after such a long "exercise"
LOL.....Yup on protein shake, not wrong abt that.

Fart like a bazooka too
Veni, Vidi, Vici (We came, we saw, we conquered)
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