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Cable Update (GBPUSD)

  • #245,761
  • Aug 15, 2010 6:16am Aug 15, 2010 6:16am
Quoting forexlion
bro, ride the 4 hour swings, forget targets.

i said 1.75 just to play around with nutcases on this board, we both know better
o ok well if you win you really hit the home run hey haha, i have checkd some of your threads damn you really trade 1min g/j how the hell you get tht right, dont your eyes hurt???
  • #245,762
  • Aug 15, 2010 6:17am Aug 15, 2010 6:17am
Quoting Honored
So after dropping 450 pips in a week H4 is clearly up for you lol. ok buddy !!!
I trade what i see, may be not like you . Following H4 you will be 80% right i will buy when it turns blue.
zoom out 2 steps and then post your chart again, there is something that i think i saw
  • #245,763
  • Aug 15, 2010 6:19am Aug 15, 2010 6:19am
Quoting CoffeeDrinke
o ok well if you win you really hit the home run hey haha, i have checkd some of your threads damn you really trade 1min g/j how the hell you get tht right, dont your eyes hurt???
the trick on trading 1 min GJ is to zoom out max and see the bigger picture and not the individual candles, they mean nothing to me.

zoom out n check your 1 min charts, see if you can add some trendlines then
  • #245,764
  • Aug 15, 2010 6:24am Aug 15, 2010 6:24am
Quoting forexlion
the trick on trading 1 min GJ is to zoom out max and see the bigger picture and not the individual candles, they mean nothing to me.

zoom out n check your 1 min charts, see if you can add some trendlines then
man nah i use to like e/j and g/j big time, but i startd focusing much more on long term, to project my 15min trades, so i stopd trading those(they very choppy longer term against e/u and those pairs), but i do agree g/j is a monster, but it always give me a bad feeling in my stomach ey haha, tht spikes really keep me on my toes dont like tht to much
  • #245,765
  • Aug 15, 2010 6:27am Aug 15, 2010 6:27am
Quoting forexlion
zoom out 2 steps and then post your chart again, there is something that i think i saw
well i dont know if he knows about trend trading but if he zooms out he is going to see a nice extended trend, but he picked a top succesfully this time, my view is also its going down, but it stands a pretty good chance to retrace first he even took the time to draw in a flag for us haha
  • #245,766
  • Aug 15, 2010 6:30am Aug 15, 2010 6:30am
Quoting CoffeeDrinke
well i dont know if he knows about trend trading but if he zooms out he is going to see a nice extended trend, but he picked a top succesfully this time, my view is also its going down, but it stands a pretty good chance to retrace first he even took the time to draw in a flag for us haha
its best left to individual choice, let the trader himself decide the amount of tension he wants

Malcolm loves smaller time frames, 1 min and 5 min, its easier to catch moves.
  • #245,767
  • Aug 15, 2010 6:31am Aug 15, 2010 6:31am
Okay guys, time for some siesta

I won't be touching the markets till London open, markets are sometimes very dirty on monday mornings

cya folks,
  • #245,768
  • Aug 15, 2010 6:33am Aug 15, 2010 6:33am
Quoting forexlion
Okay guys, time for some siesta

I won't be touching the markets till London open, markets are always dirty on monday mornings

cya folks,
cheerio man, hope you hit the 1,75 really great RR haha
  • #245,769
  • Aug 15, 2010 6:43am Aug 15, 2010 6:43am
Quoting forexlion
zoom out 2 steps and then post your chart again, there is something that i think i saw
Here you go lion , you like the 4 hour and the magic mystical macd lol, the macd is nothing more than a moving average cross shown as an indicater in a sub chart , you are a programming wizard make a band on your 4 hour chart that is showing the same thing as the macd on your charts , when the one average crosses the other it is represented by the macd crossing the 0 line , the histogram represents how far apart the 2 averages are . The divergenge is much easier to see in the histogram tho . Choppy areas no different than anything else but when something is trending when price gets to the band time to add lol. When divergence shows up look at what levels are around and take it easy with the big bold print and what the super duper software is painting for a picture
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hour.jpg Size: 143 KB
  • #245,770
  • Aug 15, 2010 6:49am Aug 15, 2010 6:49am
Quoting digger1
Here you go lion , you like the 4 hour and the magic mystical macd lol, the macd is nothing more than a moving average cross shown as an indicater in a sub chart , you are a programming wizard make a band on your 4 hour chart that is showing the same thing as the macd on your charts , when the one average crosses the other it is represented by the macd crossing the...
if i may ask wht is tht below the price moving avgs or wht?? just looks to crowded.
  • #245,771
  • Aug 15, 2010 6:55am Aug 15, 2010 6:55am
Quoting CoffeeDrinke
if i may ask wht is tht below the price moving avgs or wht?? just looks to crowded.
the 2 standard aveages from the default macd setting 12 and 26 mas , the macd crosses the 0 line when the 12 ma crosses the 26 ma, the gray area is just shaded in to show when the distance between the 2 averages is the greatest the histogram in the subchart is at its higher points. Bit busy looking as its zoomed out a bit
  • #245,772
  • Aug 15, 2010 7:11am Aug 15, 2010 7:11am
Quoting CoffeeDrinke
if i may ask wht is tht below the price moving avgs or wht?? just looks to crowded.
here you go , a nice big picture , was only to show what the macd is representing , a moving average cross in indicater form , the histogram represents how far apart the averages are and the 0 line represents the averages crossing each other. A 12 and 26 average on the chart and the macd set at default of 12 and 26
Attached Image (click to enlarge)
Click to Enlarge Name: 4 hour.jpg Size: 159 KB
  • #245,773
  • Aug 15, 2010 9:22am Aug 15, 2010 9:22am
sorry to interrupt u guys ..but I see positive divergence on the 4h macd histogram
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd4h.gif Size: 34 KB
  • #245,774
  • Aug 15, 2010 9:35am Aug 15, 2010 9:35am
Well that post earned you a position on my iggy list ... which also cleaned up the thread a lot.
G/L trading.

Quoting CoffeeDrinke
Very nice forexlion, person with brains.

WIthout going much into politics, for not wanting to be viewd being a racist, man its so annoying, i am like the nicest person but for merly suggesting a unpleasant idea most ppl just quickly view you as a racist, but anyway i said i wasnt going to go into politics haha.

The liberal mind is a perverted mind lol unpractical imaginative fiction aurtor, most traders would be able to say tht to us a liberal must be to a conservative, like a economist to a trader, speaks about alot of things, this and tht...
******************* I'd rather make money than be right.
  • #245,775
  • Aug 15, 2010 9:38am Aug 15, 2010 9:38am
Quoting bbakker
What comes around goes around. In my eyes he's just an idiot and I am sure some people think the same of me
f

Yes to the former, a big NO to the latter. You're a gentleman, bb, one of a select group in here.
******************* I'd rather make money than be right.
  • #245,776
  • Aug 15, 2010 10:36am Aug 15, 2010 10:36am
Quoting 4xStar
f

Yes to the former, a big NO to the latter. You're a gentleman, bb, one of a select group in here.

I second that!

Dr. D.
  • #245,777
  • Aug 15, 2010 10:36am Aug 15, 2010 10:36am
Quoting forexlion
forget about vouches, they are useless on this site, people here just vouch for the heck of it, i don't give it a damn.

Funny coming from one who handed them out like candy. LOL

Dr. D.
  • #245,778
  • Aug 15, 2010 10:37am Aug 15, 2010 10:37am
Quoting fourxtrader
Just clean up your act and you'll be fine.

We're all redeemable.

Dr. D.

Twee giveth (the opportunity) and Twee taketh away (the honor).

I'm privileged to say my vouch list- giveth and taketh has not changed;
but there must be hundreds wondering what happened to theirs. LOL

Dr. D.
  • #245,779
  • Aug 15, 2010 10:48am Aug 15, 2010 10:48am
I proffer no opinions on the distinctions cited in your post. It is my position that with anonymity in public forums should come the responsibility not to incite, through pejorative comment, upon topics not related to the focus of the forum.

I would, however, like to refer you to such minds as Nadime Gordimer, when referring specifically to South Africa.

I think one should have a broader understanding of the variance within libertarian thinking, and would suggest reading some works by such authors as Ludwig von Mises or Noam Chomsky. There is much divergence in this school of thought.

Should one be curious, both Milton Friedman and John Maynard Keynes are associated with liberalistic intentions. Hmm…


Quoting CoffeeDrinke
http://www.forexfactory.com/showpost.php?p=3948416&postcount=245719
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #245,780
  • Aug 15, 2010 10:50am Aug 15, 2010 10:50am
Quoting 45Condor
Should one be curious, both Milton Friedman and John Maynard Keynes are associated with liberalistic intentions. Hmm…

And we all know the mess Keynes and his followers continue to put us in.
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