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Cable Update (GBPUSD)

  • #250,041
  • Aug 31, 2010 6:52am Aug 31, 2010 6:52am
Attached File(s)
File Type: mq4 PowerTrend.mq4   3 KB | 443 downloads

shows movement of other pairs, can use to show strength and weakness.
Attached File(s)
File Type: tpl powertrend stick.tpl   5 KB | 377 downloads
  • #250,042
  • Aug 31, 2010 6:52am Aug 31, 2010 6:52am
Quoting GlobalMacro
Geez...is there any way to censor this.......(maybe post it in the ladies room or something)

Now my appetite is ruined for the rest of the day...

quick post something cute before I starve today....
Already did...

Buyers seem to be coming in at same praice as last week...

This summer trading is not at all like normal trading. Just my opinion, still profitable but working my ass off for every pip!
@pawpaw1000 on Twitter
  • #250,043
  • Aug 31, 2010 6:54am Aug 31, 2010 6:54am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
anybody else think this is a dodgy move?

I am buying @ 535xx PO with tight 30 pip SL


ta
ams
  • #250,044
  • Aug 31, 2010 6:54am Aug 31, 2010 6:54am
I'm quite sure of the bullish butterfly on the 15min tf. Let it retrace first before shorting. Not posting charts anymore, nobody looks at them.
  • #250,045
  • Aug 31, 2010 6:56am Aug 31, 2010 6:56am
Quoting trending
I'm quite sure of the bullish butterfly on the 15min tf. Let it retrace first before shorting. Not posting charts anymore, nobody looks at them.
That is not true! People look but just don't comment, so please do not refrain from posting charts as this adds to the weight of your argument for your current of future position.
  • #250,046
  • Aug 31, 2010 6:56am Aug 31, 2010 6:56am
Quoting pawpaw1000
Here's one for those of us who like them Beeg and Sexxxy...
OMG!!! what's gotten into you, guys?

really you need to get off screen more often, you hear me!?
Hear the music before the song is over ...
  • #250,047
  • Aug 31, 2010 6:59am Aug 31, 2010 6:59am
Quoting pawpaw1000
Here's one for those of us who like them Beeg and Sexxxy...
http://a.imageshack.us/img153/6449/killbill.gifhttp://a.imageshack.us/img830/2559/50856991.gif

Back to trading....
  • #250,048
  • Aug 31, 2010 6:59am Aug 31, 2010 6:59am
Quoting GlobalMacro
OMG!!! what's gotten into you, guys?

really you need to get off screen more often, you hear me!?
Had to throw in that one GM... Pretty funny as she is all in red, even the red shoes...

Guess they're right:

IF YOU GOT IT, FLAUNT IT?

FIBRE Racing upwards again... Like I said, Don't trust this down move... look at last week H1...
@pawpaw1000 on Twitter
  • #250,049
  • Aug 31, 2010 6:59am Aug 31, 2010 6:59am
Quoting ams
anybody else think this is a dodgy move?

I am buying @ 535xx PO with tight 30 pip SL


ta
ams
  • #250,050
  • Aug 31, 2010 7:01am Aug 31, 2010 7:01am
Last week's low has been broken and a close below 1.5346 on h4 will send cable lower with my target at 1.5165.

Disclaimer:
I am in short since last Thursday
  • #250,051
  • Aug 31, 2010 7:02am Aug 31, 2010 7:02am


Quoting bbakker
Last week's low has been broken and a close below 1.5346 on h4 will send cable lower with my target at 1.5165.

Disclaimer:
I am in short since last Thursday
  • #250,052
  • Aug 31, 2010 7:03am Aug 31, 2010 7:03am
Quoting pawpaw1000
Already did...

Buyers seem to be coming in at same praice as last week...

This summer trading is not at all like normal trading. Just my opinion, still profitable but working my ass off for every pip!
last week's low's gone...I doubt any big buyers will emerge here...
maybe couple notches lower...
Hear the music before the song is over ...
  • #250,053
  • Aug 31, 2010 7:03am Aug 31, 2010 7:03am
The previous 2 candles on the 15 min chart were approx 20 pips each. To me this suggests further downward momentum.

Just my thoughts - could be wrong. It's struggling to meet higher prices.

I'm only looking candle patterns and price.

I want to go short again....lol

Reluctant to burn fingers though as I'm still learning !!
  • #250,054
  • Aug 31, 2010 7:09am Aug 31, 2010 7:09am
well boys, I might be superstitious or stupid but I don't feel comfortable with this move and won't be jumping on the train with you boys... I really wish I had gotten on just after LO but wasn't here!

Not gonna get good RR from this point down... Will see if I can catch something this evening after London Close...
@pawpaw1000 on Twitter
  • #250,055
  • Aug 31, 2010 7:09am Aug 31, 2010 7:09am
Quoting TommyPips
The previous 2 candles on the 15 min chart were approx 20 pips each. To me this suggests further downward momentum.

Just my thoughts - could be wrong. It's struggling to meet higher prices.

I'm only looking candle patterns and price.

I want to go short again....lol

Reluctant to burn fingers though as I'm still learning !!
If you don't try you will never learn, just keep your SL short....... maybee 20 or so
  • #250,056
  • Aug 31, 2010 7:11am Aug 31, 2010 7:11am
I'm going to change a habit and try a looooooooong SHORT here with SL at 1.5395 and TP at 1.5310
  • #250,057
  • Aug 31, 2010 7:11am Aug 31, 2010 7:11am
you guys saying last week low is broken, but you really consider this a a broke?

Im short, but im worry, the price went below last week low 6 pips for a few time and now its hard to go back
  • #250,058
  • Aug 31, 2010 7:12am Aug 31, 2010 7:12am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Just saw we have fomc minutes today so don't expect anything before 1900hrs..

cancelling order I am a bit bullish on the pound, apart from month end selling there isn't a real reason to go short just yet.

ta
ams




Quoting ams
anybody else think this is a dodgy move?

I am buying @ 535xx PO with tight 30 pip SL


ta
ams
  • #250,059
  • Aug 31, 2010 7:16am Aug 31, 2010 7:16am
Quoting AdrianHNV
I'm going to change a habit and try a looooooooong SHORT here with SL at 1.5395 and TP at 1.5310

ummmmmmmmm forgot about this

1:30pm CAD GDP m/m
  • #250,060
  • Aug 31, 2010 7:19am Aug 31, 2010 7:19am
Horses for courses.

I am a gridtrader, only take losses when absolutely necessary. Not afraid to take them though: closed two losing audusd trades today to provide you with liquidity, lol!

There is a place for hedging, nothing is black and white here.

Het allerbeste voor je valutahandel!

Quoting bbakker
Voor mij heb ik het niet verkeerd.

I don't do hedging for the following personal reasons -

1. My broker does not allow it
2. Hedging shows indecision
3. Hedging is a strategy that does not suit my trading style
4. My trading style expects losses and I will gladly take losses. It is part of my trading plan.

I am not afraid to lose money on Forex as my TP targets ensure that I have a minimum of 3:1 as a 1st target.

Just closed my second runner (short since Sunday open) on AUDUSD which has given me an 8:1 reward/risk ratio. My final runner...
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