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Cable Update (GBPUSD)

  • #239,861
  • Jul 21, 2010 4:57am Jul 21, 2010 4:57am
Quoting GlobalMacro
oh lucky you , manize...sometimes ignorance is bliss, isn't it?
Yup I've got lucky, on opening Asia session I took a long but closed + 7 pips. Now I closed again 20 pips. I think scalping is more better in the current atm, but imho still say more bullish than bearish because there are so many support level at M5-M15- M30/200, DP 1.5249 and WP 1.5236 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #239,862
  • Jul 21, 2010 4:57am Jul 21, 2010 4:57am
Quoting GlobalMacro
1.5300 is acting like a cheap prostitute...everyone's having (bulls and bears alike) their day in the sun with her...
or their night in the moonlight depending on your preference...
Hear the music before the song is over ...
  • #239,863
  • Jul 21, 2010 4:58am Jul 21, 2010 4:58am
Quoting GlobalMacro
1.5300 is acting like a cheap prostitute...everyone's having (bulls and bears alike) their day in the sun with her...
you're right also 1.5280 busy with visitor
  • #239,864
  • Jul 21, 2010 5:17am Jul 21, 2010 5:17am
Quoting bbmac
Pretty bullish reaction to the reported 'dutch fatfinger' sell-off at the 1hr asc t/line..

G/L
What is that channel indicator you have there bbmac?

Thanks,

G-Man
  • #239,865
  • Jul 21, 2010 5:19am Jul 21, 2010 5:19am
Quoting GlobalMacro
that's borderline mysticism...you're starting to scare me now, Doc...
Didn't you know, unadorned medicine has its mystical origins...
so try not to disturb me whilst in my apothecary I brew another spell.

Dr. D.
  • #239,866
  • Jul 21, 2010 5:22am Jul 21, 2010 5:22am
Quoting GlobalMacro
1.5300 is acting like a cheap prostitute...everyone's having (bulls and bears alike) their day in the sun with her...
well I just slept and missed the mpc news, glad i slept it was a nightmare for a trader

there is simply no clear direction now.

cable doesn't love me anymore in 24 hours i couldn't get a proper trade entry

0 trades taken today
  • #239,867
  • Jul 21, 2010 5:23am Jul 21, 2010 5:23am
Anyone interested for some Fun
Pick up your NO, And i put Mine
Attached Image
  • #239,868
  • Jul 21, 2010 5:29am Jul 21, 2010 5:29am
Quoting G-Man
What is that channel indicator you have there bbmac?

Thanks,

G-Man
It is the 'FutCh' channel of the SilverChannels indicator...ie I black all else out on that indicator in the Colours tab of the properties, and use a 61.8, 161.8 , and either 261.8 or 423.6 setting depending on the pairing in the inputs tab....On cable for eg...the 61.8% contains 93% of all price action and this % increases as the channel value increases in line with fib extension values.

I attach the indicator here...make of it what you will, but please be aware it forms part of proprietry tech set-ups that make up my trading edge, ie I do not use it alone to make trading decisions...confluence is key to any tech trading decision.

G/L
Attached File(s)
File Type: ex4 Silver-channels.ex4   5 KB | 323 downloads
ex member
  • #239,869
  • Jul 21, 2010 5:32am Jul 21, 2010 5:32am
well,anyone wanna tell me why cable making range in H1 more than 100 pips??
it held near europe open market




plan your trade, trade your plan
  • #239,870
  • Jul 21, 2010 5:35am Jul 21, 2010 5:35am
Quoting vilas
- his bad Karmas brings him here to FX Forums !

Apologies to Dr. D ! And Cheers to All.
So that's why I often find myself standing in the
shortest and slowest lines whilst dealing with the
smallest and simplest minds in these markets.

Dr. D.
  • #239,871
  • Jul 21, 2010 5:35am Jul 21, 2010 5:35am
I don't generally post the 1H, but follow the money, easy....
Attached Image (click to enlarge)
Click to Enlarge Name: 1H Cable.JPG Size: 82 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #239,872
  • Jul 21, 2010 5:40am Jul 21, 2010 5:40am
Quoting egkid
Anyone interested for some Fun
Pick up your NO, And i put Mine
Attachment
I bet no.8 and 9
  • #239,873
  • Jul 21, 2010 5:40am Jul 21, 2010 5:40am
Quoting Bull_Bear
I don't generally post the 1H, but follow the money, easy....
wow.. Hi mate. H4 looked bearish too.. i'm staying flat for now.. What is your TP?
  • #239,874
  • Jul 21, 2010 5:44am Jul 21, 2010 5:44am
Quoting forexlion
well I just slept and missed the mpc news, glad i slept it was a nightmare for a trader

there is simply no clear direction now.

cable doesn't love me anymore in 24 hours i couldn't get a proper trade entry

0 trades taken today
I hear you lion...sometimes doing nothing is the best thing..
but still you can try some roars at the sterling lioness...maybe then she'll come back to sense...
Hear the music before the song is over ...
  • #239,875
  • Jul 21, 2010 5:46am Jul 21, 2010 5:46am
Quoting forexlion
well I just slept and missed the mpc news, glad i slept it was a nightmare for a trader

there is simply no clear direction now.

cable doesn't love me anymore in 24 hours i couldn't get a proper trade entry

0 trades taken today
Cheer lion, you still a king. Lion wake up rules all the world...Oyi o yi oooo...
  • #239,876
  • Jul 21, 2010 5:46am Jul 21, 2010 5:46am
Quoting mloistianto
wow.. Hi mate. H4 looked bearish too.. i'm staying flat for now.. What is your TP?
I'm looking at 1.5130 short term, 1.5000 medium term...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #239,877
  • Jul 21, 2010 5:47am Jul 21, 2010 5:47am
Quoting Bull_Bear
I don't generally post the 1H, but follow the money, easy....
even he is not making sense today
  • #239,878
  • Jul 21, 2010 5:52am Jul 21, 2010 5:52am
Quoting forexlion
even he is not making sense today
Lion you never make sense to me....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #239,879
  • Jul 21, 2010 5:52am Jul 21, 2010 5:52am
Quoting fourxtrader
Didn't you know, unadorned medicine has its mystical origins...
so try not to disturb me whilst in my apothecary I brew another spell.

Dr. D.
that domain is terra incognita to me...I shall keep as safe a distance as possible from your apothe(s)cary.

Hear the music before the song is over ...
  • #239,880
  • Jul 21, 2010 5:53am Jul 21, 2010 5:53am
GU stuck at daily EMA(200) for 4 days now:
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.gif Size: 30 KB
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