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Cable Update (GBPUSD)

  • #255,601
  • Sep 23, 2010 9:20pm Sep 23, 2010 9:20pm
Easiest 200 of the day....

DAMN!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,602
  • Sep 23, 2010 9:35pm Sep 23, 2010 9:35pm
Quoting Magix
Easiest 200 of the day....

DAMN!
Serious question: What is on those charts, and can you actually make money from looking at all of that?
Cap
  • #255,603
  • Sep 23, 2010 9:39pm Sep 23, 2010 9:39pm
at m15 chart, the previous candle was closed above pivot, and the minor trend is up as show on chart (aqua color).

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yesterday was good, today is the best, tomorrow is amazing.....
  • #255,604
  • Sep 23, 2010 9:45pm Sep 23, 2010 9:45pm
Quoting The Captain
Serious question: What is on those charts, and can you actually make money from looking at all of that?
Items on the chart...

Yes.

Full indie sets and tpl HERE.
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  • #255,605
  • Sep 23, 2010 9:46pm Sep 23, 2010 9:46pm
Chance EJ short on TL...

113.73....

Play back to where I took an early exit....

Hehe...
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  • #255,606
  • Sep 23, 2010 9:58pm Sep 23, 2010 9:58pm
What do you guys think of the intraday TL support? Should we make a bet on the break or go with the initial trend?
  • #255,607
  • Sep 23, 2010 9:58pm Sep 23, 2010 9:58pm
Quoting Magix
Chance EJ short on TL...

113.73....

Play back to where I took an early exit....

Hehe...
Tap out with 25!

E haw...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,608
  • Sep 23, 2010 10:01pm Sep 23, 2010 10:01pm
Quoting danielabas
at m15 chart, the previous candle was closed above pivot, and the minor trend is up as show on chart (aqua color).

Attachment
Keep your eye on the higher time frames. I'd be waiting to buy until about 5657.
Cap
  • #255,609
  • Sep 23, 2010 10:04pm Sep 23, 2010 10:04pm
Quoting Togu
What do you guys think of the intraday TL support? Should we make a bet on the break or go with the initial trend?
Initial Trend?
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  • #255,610
  • Sep 23, 2010 10:10pm Sep 23, 2010 10:10pm
Quoting Magix
Initial Trend?
Well Intraday trend.
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  • #255,611
  • Sep 23, 2010 10:17pm Sep 23, 2010 10:17pm
Quoting Togu
Well Intraday trend.
Love your charts.

Nice, clean...Easy to read and understand....

Seems like you charts have an idea.

MACD, AC and RSI seem to be heading for a bit of a swim...of course on the hourly, these can easily correct. Your trend line seems clear as day...

Why guess? IF you get the trigger on this chart, seems you should be as good as gold? Assumption of trend until the trend changes...right?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,612
  • Sep 23, 2010 10:28pm Sep 23, 2010 10:28pm
Quoting The Captain
Well looks like I was 1 pip off with my entry. Hate it when that happens. SL at BE now, see how low she'll go.
I'm surprised that nobody here is looking at the obvious. The higher the time frame S&R or trendline, the stronger it is. A 15 minute trendline doesn't mean shit when you're going up against 2 giant 4 hour ones.

Booked a quick 30. Watch for the breakout and retest.
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Cap
  • #255,613
  • Sep 23, 2010 10:30pm Sep 23, 2010 10:30pm
Gotta like how the daily roll price was defended on that spike down on EU...
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  • #255,614
  • Sep 23, 2010 10:32pm Sep 23, 2010 10:32pm
Quoting Magix
Love your charts.

Nice, clean...Easy to read and understand....

Seems like you charts have an idea.

MACD, AC and RSI seem to be heading for a bit of a swim...of course on the hourly, these can easily correct. Your trend line seems clear as day...

Why guess? IF you get the trigger on this chart, seems you should be as good as gold? Assumption of trend until the trend changes...right?
Thanks, but having clean chart doesn't help me to make money lol. What I do with the MACD RSI is that I usually trade the break outs, so price should be inside the 2 lines and I make my stop orders above the resistance and below the support. AC +Stoch is from the OZFX, I don't really look at it though.
  • #255,615
  • Sep 23, 2010 10:35pm Sep 23, 2010 10:35pm
Quoting The Captain
Keep your eye on the higher time frames. I'd be waiting to buy until about 5657.
Damn would you look at that! Off by 1 pip again for the second time tonight. Must not be my night Booked another 15.
Cap
  • #255,616
  • Sep 23, 2010 10:36pm Sep 23, 2010 10:36pm
Quoting The Captain
I'm surprised that nobody here is looking at the obvious. The higher the time frame S&R or trendline, the stronger it is. A 15 minute trendline doesn't mean shit when you're going up against 2 giant 4 hour ones.

Booked a quick 30. Watch for the breakout and retest.
You are scalping 30 pips off an H4 chart....

Damn!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,617
  • Sep 23, 2010 10:43pm Sep 23, 2010 10:43pm
Quoting The Captain
I'm surprised that nobody here is looking at the obvious. The higher the time frame S&R or trendline, the stronger it is. A 15 minute trendline doesn't mean shit when you're going up against 2 giant 4 hour ones.

Booked a quick 30. Watch for the breakout and retest.

Gee, you forgot the third option. The price can happily bounce between the 2 tls.
  • #255,618
  • Sep 23, 2010 10:45pm Sep 23, 2010 10:45pm
Quoting trending
Gee, you forgot the third option. The price can happily bounce between the 2 tls.
Better believe she can brother! But those TL's are converging and the end of the road is near..she can only go one way.
Cap
  • #255,619
  • Sep 23, 2010 10:45pm Sep 23, 2010 10:45pm
Quoting trending
Gee, you forgot the third option. The price can happily bounce between the 2 tls.
Hope she gets a little juice, just grabbed a couple.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #255,620
  • Sep 23, 2010 10:46pm Sep 23, 2010 10:46pm
I really don't have any bias for GBPUSD. lost 11k and now I'm hesitating to pull the triggers.
The PA is respecting the TL nicely.
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