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Cable Update (GBPUSD)

  • #253,461
  • Sep 15, 2010 4:52pm Sep 15, 2010 4:52pm
beware...'more and more' means 'risk and great risk'
  • #253,462
  • Sep 15, 2010 4:56pm Sep 15, 2010 4:56pm
Quoting dil
You get it wrong i'm dont tell that im a pro i only make 1,000$ ~ a day theres a other guy on forum who make 10,000$ per day i feel poor against him yeah sure as always lol
dil, no offense, but could you shout a little less in forum, I'm happy for you but all those Ferrari's, Bently's, brokerstatements and 1000 bugs a day are not really attributing a lot to us simple forum-members.....
Don't be a hero. Don't have an ego. Always question yourself
  • #253,463
  • Sep 15, 2010 4:57pm Sep 15, 2010 4:57pm
Quoting Precap2
Are we really in uptrend? I think that sharp moves initiated by favorable news should not be confused with trend.
I need to learn trend a lil more maybe

Peace!
Downtrend on the monthly, consolidation on the h4, uptrend on the m15 and retrace on the m5. LOL! It is not really a retrace on m5, but I do see a bull flag forming on h4!
  • #253,464
  • Sep 15, 2010 4:58pm Sep 15, 2010 4:58pm
Quoting USD-Bear
dil, no offense, but could you shout a little less in forum, I'm happy for you but all those Ferrari's, Bently's, brokerstatements and 1000 bugs a day are not really attributing a lot to us simple forum-members.....

Whats wrong again dude ... its a evening i talked with others , and when tomorrow trading starts again then we talk about trades , posts analysis only

peace
  • #253,465
  • Sep 15, 2010 4:59pm Sep 15, 2010 4:59pm
Quoting pawpaw1000
yeah, but 1k per day is alot better than most people get in the "real World"
pawpaw you are way too modest keep up the good work
Don't be a hero. Don't have an ego. Always question yourself
  • #253,466
  • Sep 15, 2010 5:01pm Sep 15, 2010 5:01pm
Quoting USD-Bear
dil, no offense, but could you shout a little less in forum, I'm happy for you but all those Ferrari's, Bently's, brokerstatements and 1000 bugs a day are not really attributing a lot to us simple forum-members.....
He's young, brash and a winner. If you don't like it, put him on your ignore list. Just telling him what he can and can't do on a public forum ain't going to cut the mustard and to antagonise him only fuels the flames!
  • #253,467
  • Sep 15, 2010 5:06pm Sep 15, 2010 5:06pm
Quoting bbakker
He's young, brash and a winner. If you don't like it, put him on your ignore list. Just telling him what he can and can't do on a public forum ain't going to cut the mustard and to antagonise him only fuels the flames!
Sure you'r right, I'm sorry it just reached certain levels.....
Don't be a hero. Don't have an ego. Always question yourself
  • #253,468
  • Sep 15, 2010 5:08pm Sep 15, 2010 5:08pm
I am going to take a sabbatical from this place as I have other fish to fry... So I am going to say "sayonara" and it is goodnight from me!
  • #253,469
  • Sep 15, 2010 5:56pm Sep 15, 2010 5:56pm
Quoting dil
Whats wrong again dude ... its a evening i talked with others , and when tomorrow trading starts again then we talk about trades , posts analysis only

peace
Good work Dil keep showing us pips ;-))

  • #253,470
  • Edited 6:24pm Sep 15, 2010 6:00pm | Edited 6:24pm
I'm back into this SFTC challenge 10,000$ first prize you can follow the stat at this link
http://www.surefiretradingchallenge....eaderboard.php

we are over 1500 traders, this first month is to qualified the top 20 from the 1500 traders on demo, then the top 20 go for live for the money prize. 10,000$ first 5,000$ second,3,000$ than 1,000$ and hundreds of dollar up to the last 10 positions

let get some pips.

I'm registerd on (lejumeau) on the board.
  • #253,471
  • Sep 15, 2010 6:06pm Sep 15, 2010 6:06pm
Keeping my long on GBPUSD

Ascending triangle pattern= continuation pattern

also when price range rigth at top of his trading day wit no pull back this is sign of continuation. I see that happen so many many time on gbpusd.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd15sept10.gif Size: 26 KB
  • #253,472
  • Sep 15, 2010 6:19pm Sep 15, 2010 6:19pm
4Hr chart
Lot of buyer pressure for the last few days, I see a reversal candle at top, a hanging man candle but this coincide with low volume of end of newyork session, and the buying was so impulsive that we should see more upward before it stall.

The daily show Bull taking the ride also.

I can be wrong but this is what I see.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 4hr15sept10.gif Size: 29 KB
Click to Enlarge Name: gbpusd daily15sept10.gif Size: 33 KB
  • #253,473
  • Sep 15, 2010 7:17pm Sep 15, 2010 7:17pm
Quoting Lejumeau
4Hr chart
Lot of buyer pressure for the last few days, I see a reversal candle at top, a hanging man candle but this coincide with low volume of end of newyork session, and the buying was so impulsive that we should see more upward before it stall.

The daily show Bull taking the ride also.

I can be wrong but this is what I see.
Yeah I agree.

I took a long around 620, with a tight stop.

This is as good as a probability trade one will get in this game.

Only question is how much will it retrace before it resumes second leg.

Thats where one has to be careful with their stop.
  • #253,474
  • Sep 15, 2010 7:47pm Sep 15, 2010 7:47pm
Quoting alex1976
Yeah I agree.

I took a long around 620, with a tight stop.

This is as good as a probability trade one will get in this game.

Only question is how much will it retrace before it resumes second leg.

Thats where one has to be careful with their stop.
Attached Image (click to enlarge)
Click to Enlarge Name: open1.jpg Size: 138 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,475
  • Sep 15, 2010 7:52pm Sep 15, 2010 7:52pm
did you learn emotion moving average ( EMA ) already ?

Quoting Magix
not euphoria follower
  • #253,476
  • Sep 15, 2010 7:56pm Sep 15, 2010 7:56pm
Quoting iqyu5an
did you learn emotion moving average ( EMA ) already ?
Dunno mango, I sold to that point and loaded 2 lots.

1 @ 624
1 @ 623...

Spread and triggers n all...

Nice drops on EJ and GJ as well, caught the motherload!

Ka CHING!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,477
  • Sep 15, 2010 8:03pm Sep 15, 2010 8:03pm
if you can not go fishing for big fish... don't teach newbies fishing. better go to art shop and sell your painting there

or go to emotion moving average course ....200 time first before fishing.... fishing needs patient... not in hurry effort....

Quoting Magix
Dunno mango, I sold to that point and loaded 2 lots.

1 @ 624
1 @ 623...

Spread and triggers n all...

Nice drops on EJ and GJ as well, caught the motherload!

Ka CHING!
not euphoria follower
  • #253,478
  • Sep 15, 2010 8:05pm Sep 15, 2010 8:05pm
Hey guys
I do not do a lot of posting here but went short at 1.5630 and looking to take profit at 1.5580. I may go back long in the 1.5580 area if I get a nice reversal candle on the 15m since that is the daily pivot area.
Please ask questions and share your experiences with us all!
  • #253,479
  • Sep 15, 2010 8:09pm Sep 15, 2010 8:09pm
Quoting bkg102665
Hey guys
I do not do a lot of posting here but went short at 1.5630 and looking to take profit at 1.5580. I may go back long in the 1.5580 area if I get a nice reversal candle on the 15m since that is the daily pivot area.
I am in pretty much the same trade as you. Think 1.5600 will give any support?
Would like 1h to close below 1.5615 aswell, or i might just exit with a small profit.
  • #253,480
  • Sep 15, 2010 8:09pm Sep 15, 2010 8:09pm
Quoting iqyu5an
if you can not go fishing for big fish... don't teach newbies fishing. better go to art shop and sell your painting there
Ya know what I like about you iqyu5an....

So far...nothing...

I do the same thing every day my friend. I buy, I sell, I win some, I lose some.

Always on my charts and my time.

I was just agreeing with alex...I have a like position and commended him on it.

If the fit hits the shan, I can be outa this bitch with 2 mouse clicks. No harm, no foul.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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