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Cable Update (GBPUSD)

  • #248,241
  • Aug 24, 2010 9:11am Aug 24, 2010 9:11am
Quoting Magix

I don't believe he has commercial interests,

He has never shown any, but I am so dead against the whole Commercial Section that I cannot in confidence keep the vouch there until he has returned to normal standing.

He can be ornery at times, but he does add to the discussion here.
  • #248,242
  • Aug 24, 2010 9:12am Aug 24, 2010 9:12am
Well it looks like down move is done for in the mean time. The last few retraces on the 3hr chart have been around 150 pips. That would take us up to around 1.5525. Notice move stopped at full 161 retrace of last leg up and 1.5525 corresponds with a 61.8 move up. Anyway bed time...
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  • #248,243
  • Aug 24, 2010 9:12am Aug 24, 2010 9:12am
Quoting Pickensrulz
I'm short @ 1.5572
Closed @ 1.5430 for +142
  • #248,244
  • Aug 24, 2010 9:18am Aug 24, 2010 9:18am
Quoting bbakker
uCAD has short written all over it on my h4, d1 and w1
I might have missed the boat! Oh well. I am not jumping in there that is for sure when I get back home. Shame I did not setup an order this morning on it, but I will do so when I get back home. It might come back!

Need to sort out all my alerts for currency pairs. If anyone has an iPhone, iTM Alerts based on the FXCM feed is just a one-off fee of £1.79 if I remember correctly.
  • #248,245
  • Aug 24, 2010 9:18am Aug 24, 2010 9:18am
Where working our way back upto 1.5700 area should be there by end of week if not higher, good luck to all
  • #248,246
  • Aug 24, 2010 9:19am Aug 24, 2010 9:19am
Quoting Magix
If I remember correctly....

Weren't you the fella who was waiting at 1.585x area for price to drop to 1.555x to go long?

Does this mean that you waited 500 pips worth of drop and shorted daily support?

I'm just asking is all....
Yes Magix I was the fella who made some of my most rewarding trades ever at my "no sense at of my arse level" 1.555
What it means i won't discuss with pity fellows like you....
Don't be a hero. Don't have an ego. Always question yourself
  • #248,247
  • Aug 24, 2010 9:20am Aug 24, 2010 9:20am
Hello guys,

If anyone intested you can read see my chart >

http://www.forexfactory.com/showpost...&postcount=511



Cheers



Petar
"Buy on fear, sell on greed !!!
  • #248,248
  • Aug 24, 2010 9:21am Aug 24, 2010 9:21am
Theres 60 quick ones. half out and riding to see if 5500 is possible.

Quoting Nene
Really good place to go for a long here.
  • #248,249
  • Aug 24, 2010 9:22am Aug 24, 2010 9:22am
Quoting Magix
Areas that need to be filled for longs and shorts by NY sessions.

Nice drop on the day, a few pips below 200EMA on daily, possible retrace back to 200EMA on H4 now.

Topside resistance in at 1.5506.
The USD news 9.00 am was agreed to your call.
The Actual < Forecast ---> No good for USD ! Let us see reach 1.5506 or not !

Existing Home Sales --> Actual 3.83 M < Forecast 4.68 M

Richmond Manufacturing Index ---> Actual 11 < Forecast 14
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #248,250
  • Aug 24, 2010 9:23am Aug 24, 2010 9:23am
Quoting Delite
I think the Dollar has just gap-filled from this morning.
You brokers. . . are they good? Can't see any gap on Fxopen and Dukascopy.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #248,251
  • Aug 24, 2010 9:25am Aug 24, 2010 9:25am
Quoting Precap2
You brokers. . . are they good? Can't see any gap on Fxopen and Dukascopy.
I know - Cloggie said the same. I use IG Index in the UK. Not sure why there is an anomoly - probably me being blonde!
  • #248,252
  • Aug 24, 2010 9:26am Aug 24, 2010 9:26am
Quoting Nene
Theres 60 quick ones. half out and riding to see if 5500 is possible.
Nice trade there Nene.

First area filled, be nice to see where she heads from here.

Second area of the chart that still needs to be covered long and short wise by both London and NY sessions...if this happens we could see longs going into tomorrow.

chart 1 original post
chart 2 current price
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: fill1.jpg Size: 95 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #248,253
  • Aug 24, 2010 9:28am Aug 24, 2010 9:28am
Quoting Delite
I know - Cloggie said the same. I use IG Index in the UK. Not sure why there is an anomoly - probably me being blonde!
Nope... that is IG Index for you. They create their own feeds and quite often you will see spikes on there that you would not get on other platforms. That is why I stopped using them.
  • #248,254
  • Aug 24, 2010 9:30am Aug 24, 2010 9:30am
Quoting Magix
I think I was his second vouch after he got back from his time out...Gunna leave my support there for him.

I don't believe he has commercial interests, and I do believe his efforts are meant in the best spirit of FF.
His web site has gone live and I assume that is what FF have picked up on.
  • #248,255
  • Aug 24, 2010 9:30am Aug 24, 2010 9:30am
Quoting USD-Bear
Yes Magix I was the fella who made some of my most rewarding trades ever at my "no sense at of my arse level" 1.555
What it means i won't discuss with pity fellows like you....
You made some of your most rewarding trades after you watched 300 pips of sells go past you?

From here in a tightened range you made some of your most profitable trades?

From here you watched price drop another 200ish pips and shorted bottom?

What it means, I really probably wouldn't understand your complex trade system.

Good job on your most rewarding trades and best of luck on the week there Tiger!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #248,256
  • Aug 24, 2010 9:32am Aug 24, 2010 9:32am
Quoting bbakker
Nope... that is IG Index for you. They create their own feeds and quite often you will see spikes on there that you would not get on other platforms. That is why I stopped using them.

Is that right? Blimey, that's a bit worrying. Who do you use now?
  • #248,257
  • Aug 24, 2010 9:33am Aug 24, 2010 9:33am
Quoting Delite
I know - Cloggie said the same. I use IG Index in the UK. Not sure why there is an anomoly - probably me being blonde!
Hi Delite,

I use IG Index - I tried to open a trade on the Pin Bar Reversal at 13.15pm - it wouldn't process it in time.

Kept saying Price No Longer Valid - shame because I read it well and I would benefited from the trade!

Such is life!...lol
  • #248,258
  • Aug 24, 2010 9:34am Aug 24, 2010 9:34am
Quoting Delite
Is that right? Blimey, that's a bit worrying. Who do you use now?
A broker. Check my profile!
  • #248,259
  • Aug 24, 2010 9:35am Aug 24, 2010 9:35am
Quoting bbakker
A broker. Check my profile!

Duh! Sorry!
  • #248,260
  • Aug 24, 2010 9:36am Aug 24, 2010 9:36am
Quoting bbakker
His web site has gone live and I assume that is what FF have picked up on.
I guess at some point we all must choose the path that suits us most.

I'm not familiar with his website...nor the idea behind it...wish him the best of luck.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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