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Cable Update (GBPUSD)

  • #254,701
  • Sep 21, 2010 8:15am Sep 21, 2010 8:15am
Quoting PipChick
M15 tested the 50% fib and formed bearish hidden divergence so that is in your favor but....I also see bullish Hidden divergence on the h4 (also bullish div on the H1)so charts are a bit conflicting right now. I will wait for better confirmation. May not get the chance to trade today unless my plan surfaces. LOL
Thanks PipChick. Got out with +13.
  • #254,702
  • Sep 21, 2010 8:16am Sep 21, 2010 8:16am
Quoting bbmac
The ascending blue trend line you have plotted does not join 2 x fractal swing lo's so is not a trend liune yet,....therefore channel is invalid although it may develop if this current low holds and fractal swing does develop on that t/f.

G/L
Sorry did not specify the blue channel is a 3 legged projection. It wasn't even touching on the 1H tf. Cheers.
  • #254,703
  • Sep 21, 2010 8:16am Sep 21, 2010 8:16am
Quoting Sutts
Thanks PipChick. Got out with +13.
  • #254,704
  • Sep 21, 2010 8:17am Sep 21, 2010 8:17am
Quoting PipChick
Im really getting a headache from the daily bickering.Its on my last nerve!
LOL... Thats why i only pop in every now and than.... not bothered any more

This site is full of jokers...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #254,705
  • Sep 21, 2010 8:19am Sep 21, 2010 8:19am
Quoting malcolmb14
please do not stop posting no matter what cloggies says ..... I am making a small fortune on all your calls.

You say sell i buy
you say buy i sell ..

made over 1200 pip so far

thanks ... keep up the good work

Exactly!! Everyone contributes in some way ..
It's up to each of us as adults to get out of the posts what we think is useful and in fact on zulutrade they even suggest people pick the WORST performing providers and do the opposite of what they do. It can be very lucrative ... so congrats for spotting a good 'contra-trader' in here .. sometimes those can be golden
******************* I'd rather make money than be right.
  • #254,706
  • Sep 21, 2010 8:22am Sep 21, 2010 8:22am
Quoting PipChick
Im really getting a headache from the daily bickering.Its on my last nerve!
that goes to me too.
grow up already!!
we are here to learn from one another. not to show off that one person is better than the other.
  • #254,707
  • Sep 21, 2010 8:22am Sep 21, 2010 8:22am
Quoting PipChick
Im really getting a headache from the daily bickering.Its on my last nerve!
Tell me about it!

BTW, you nailed the down move yesterday, I did not think she would get down to 5540 as you said she would, so I'm off to give you a vouch for that & other excellent posts.
******************* I'd rather make money than be right.
  • #254,708
  • Sep 21, 2010 8:24am Sep 21, 2010 8:24am
When I start my trading day I first make my plan...once MY plan is mapped out and I check it over several times, I like to scan thru the posts and see what Malcolmb is thinking about VSA and what cloggie is thinking about the fundi's , etc.. (areas where I am not so good) and this helps me to find any mistakes I may have made in my own analysis or it enhances what I am already thinking. THAT is what this forum is for! But when you have to scan thru the BS to find what you are looking for, it becomes very annoying and I usually say SCREW IT! LOL
  • #254,709
  • Sep 21, 2010 8:25am Sep 21, 2010 8:25am
Quoting 4xStar
Tell me about it!

BTW, you nailed the down move yesterday, I did not think she would get down to 5540 as you said she would, so I'm off to give you a vouch for that & other excellent posts.
TY
  • #254,710
  • Sep 21, 2010 8:25am Sep 21, 2010 8:25am
again guys (girls). I apologise.
Thank You
  • #254,711
  • Sep 21, 2010 8:28am Sep 21, 2010 8:28am
This seems to me to be a credible channel. Therefore looking for a short entry. Right now sitting down by the 200ema.

The thing that does bother me is FOMC, but it is it bad news for the US then I would expect it to weaken the other currencies and paradoxically strngthen the USD. Should that occur then I would expect to see EU, GU and AU head south.

Really bad numbers would make for some nice shorts, and I am already short EU.
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  • #254,712
  • Sep 21, 2010 8:32am Sep 21, 2010 8:32am
I waste a good 10 - 20 minutes a day skipping through the usual idiots posts until i get to some useful analysis and calls. I am confident about my long position and will be holding on to it, even through the fomc news.

Wormie i would also be very interested to read your success story and the obstacles overcome. Could you possibly post a link to it? i would search myself but you have made well over 12,000 posts :|
  • #254,713
  • Sep 21, 2010 8:32am Sep 21, 2010 8:32am
Quoting wormboy
again guys (girls). I apologise.
Wormie bro who you apologising to mate?

Let me guess, a newbie has showed you up.... LOL
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #254,714
  • Sep 21, 2010 8:34am Sep 21, 2010 8:34am
Quoting Bull_Bear
Yesterdays post.....

http://www.forexfactory.com/showpost...stcount=254347

For newbies, can u guys see why i kept my short open yesterday and where I could have close off my short if it went against me, at what point is my cut off threshold?

Taking short off the table, missed 1.5500 by a mere 2 pips. Have closed manually at 1.5539 and reverse buy

1.5539.. SL 1.5440.. TP open
Thought I raise a meaningful conversation, guess there are no takers
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #254,715
  • Sep 21, 2010 8:37am Sep 21, 2010 8:37am
Quoting Bull_Bear
Wormie bro who you apologising to mate?

Let me guess, a newbie has showed you up.... LOL
hey q
nah, apologised to the other members here for my earlier reply to one clown.
so how's it going bro
Thank You
  • #254,716
  • Sep 21, 2010 8:41am Sep 21, 2010 8:41am
Quoting PipChick
Im really getting a headache from the daily bickering.Its on my last nerve!
Not you as well. Just ignore it all. Whilst I enjoy reading some of the other posts yours is the only one I truely take time on. Keep up the good work and ignore the bickering, their only bored.
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  • #254,717
  • Sep 21, 2010 8:44am Sep 21, 2010 8:44am
How r u ? just back to trading took a short below m5 200 ema early morning and closed out at 5520... and still confused with direction..please post a chart maybe i may see better in ur charts for direction better drawn tl



Quoting wormboy
hey q
nah, apologised to the other members here for my earlier reply to one clown.
so how's it going bro
We cannot direct the winds but we can adjust our sail.
  • #254,718
  • Sep 21, 2010 8:48am Sep 21, 2010 8:48am
Quoting wormboy
hey q
nah, apologised to the other members here for my earlier reply to one clown.
so how's it going bro
Just kicking about bro.

Making some BEER MONEY TM but the mrs spending more than i can drink.. LOL

I'm taking her long now mate, where u got her going?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #254,719
  • Sep 21, 2010 8:48am Sep 21, 2010 8:48am
Long on the break @ 1.5556
  • #254,720
  • Sep 21, 2010 8:50am Sep 21, 2010 8:50am
the break off the EMA 200 got me in, any suggestions on TP
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