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Cable Update (GBPUSD)

  • #247,861
  • Aug 23, 2010 3:27am Aug 23, 2010 3:27am
http://trendsonforex.com/

seems like lots are now loooooooooong
  • #247,862
  • Aug 23, 2010 3:29am Aug 23, 2010 3:29am
Quoting Precap2
Where time consciousness matter much in trading is daily, weekly and monthly. H4 and all others are just for fun. But when stacked in those TF you can only use it to measure trend and not candles. Great pinbars on H4 are always messed by subsequent PA.

Shorting Cable though. I ain't looking to long until there is clean signal to do so.
Until 1.5710 broke and shoot over, this wont be back in uptrend...
So I agree, better stay aside or short.

2 cents
Later!
"Flip that coin!"
  • #247,863
  • Edited 11:24pm Aug 23, 2010 3:30am | Edited 11:24pm
there is no use getting caught in a trade

and then waiting for the price to turn so you could just get out

rather

get in and out of a trade which is worth trading

else

sit on the fence n watch beach volley
  • #247,864
  • Aug 23, 2010 3:30am Aug 23, 2010 3:30am
[quote=pawpaw1000;3968211]GOOGLE MATE...

"how to calculate the monthly pivot"

You didn't read my question properly.
I know how to calculate the monthly pivot IF you take the previous months candle. My question is do you ignore the current month when calculating mothly pivot?
  • #247,865
  • Aug 23, 2010 3:34am Aug 23, 2010 3:34am
[quote=Saffer;3968345]
Quoting pawpaw1000
GOOGLE MATE...

"how to calculate the monthly pivot"

You didn't read my question properly.
I know how to calculate the monthly pivot IF you take the previous months candle. My question is do you ignore the current month when calculating mothly pivot?
alright, I'd reckon sooo....
@pawpaw1000 on Twitter
  • #247,866
  • Aug 23, 2010 3:35am Aug 23, 2010 3:35am
[quote=Saffer;3968345]
Quoting pawpaw1000
GOOGLE MATE...

"how to calculate the monthly pivot"

You didn't read my question properly.
I know how to calculate the monthly pivot IF you take the previous months candle. My question is do you ignore the current month when calculating mothly pivot?
yeah ignore the current wife, ex is always better

pivots are always on closed candles
  • #247,867
  • Aug 23, 2010 3:35am Aug 23, 2010 3:35am
Quoting wormboy
*l*
lol, got to admit , thats funny bro ha ha
  • #247,868
  • Aug 23, 2010 3:40am Aug 23, 2010 3:40am
to make it easy if you use mt 4 go to indies-custom there it is

Quoting Saffer
Hi, Please could someone assist with this question from a newbee?
When calculating the monthly pivot, Do you calculate it on the previous month (ie July), or the month that we are currently busy in? (High/Low and Close to date?)


Thanks in advance
  • #247,869
  • Aug 23, 2010 3:50am Aug 23, 2010 3:50am
Quoting pawpaw1000
you are right and the 200ema on m15 is holding us up nicely! I still got my short but it is BE so no worries...

This is a really slow LO though.

SuSNSI, it depends on your broker also... I son't even have that pin on my h4
Where time consciousness matter much in trading is daily, weekly and monthly. H4 and all others are just for fun. But when stacked in those TF you can only use it to measure trend and not candles. Great pinbars on H4 are always messed by subsequent PA.

Shorting Cable though. I ain't looking to long until there is clean signal to do so.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #247,870
  • Aug 23, 2010 3:55am Aug 23, 2010 3:55am
http://www.forexcrunch.com/gbpusd-outlook-august-23-27/
  • #247,871
  • Aug 23, 2010 3:57am Aug 23, 2010 3:57am
Quoting AdrianHNV
http://trendsonforex.com/

seems like lots are now loooooooooong
Liquidity provider? LOL!
To who the pro will then buy it from if everyone is LONG? Muahah!
"Flip that coin!"
  • #247,872
  • Aug 23, 2010 4:13am Aug 23, 2010 4:13am
[quote=forexlion;3968355]
Quoting Saffer

yeah ignore the current wife, ex is always better

pivots are always on closed candles

Great answer, I'll go with the ex !!
  • #247,873
  • Aug 23, 2010 4:15am Aug 23, 2010 4:15am
My browser is making as much posts as my head.

There seems to be something happening at 5583 area. I need a short to keep the adrenalin pumping
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #247,874
  • Aug 23, 2010 4:25am Aug 23, 2010 4:25am
My browser is making as much posts as my head.

There seems to be something happening at 5583 area. I need a short to keep the adrenalin pumping
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #247,875
  • Aug 23, 2010 4:27am Aug 23, 2010 4:27am
A chap they all call Aloysius,
Of his wife and a guy grew suspysius.
And quicker than you'd think
He found them by the sink
But they were only doing the dysius.
  • #247,876
  • Aug 23, 2010 4:27am Aug 23, 2010 4:27am
Quoting digger1
lol, got to admit , thats funny bro ha ha
lol
Thank You
  • #247,877
  • Aug 23, 2010 4:28am Aug 23, 2010 4:28am
finally 1.5530 came.

booked shorts
  • #247,878
  • Aug 23, 2010 4:28am Aug 23, 2010 4:28am
Quoting wormboy
nice entry
who woulda thunk?

time to book some
Thank You
  • #247,879
  • Aug 23, 2010 4:30am Aug 23, 2010 4:30am
Quoting AdrianHNV
http://trendsonforex.com/

seems like lots are now loooooooooong
I hope that they all have large SLs.
  • #247,880
  • Aug 23, 2010 4:32am Aug 23, 2010 4:32am
Guns N' Roses - Patience
(youtubevideo)

If you catch the message... LOL!
--------------

I still got some micro lot running from 1.5612..... (music!.....)
"Flip that coin!"
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