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Cable Update (GBPUSD)

  • #258,201
  • Oct 4, 2010 4:54am Oct 4, 2010 4:54am
Quoting Capn79
NFP is erratic... thanks for the reminder!

Well, If my account was larger... as in - Wormboy Levels- I'd probably put a few extra contracts on your trade. I should be to that level by next week.

Thanks for posting your chart. Much appreciated!
you're welcome my friend. Just keep in mind that this is my view only, others might see the nfp week differently.
As to adding to the current long, I do have predetermined levels where I'd go on and add once price surpass them. The closest being 880 & 970. I won't be adding before those two levels are taken out.

Hope you have a great day. Good luck
Thank You
  • #258,202
  • Oct 4, 2010 4:58am Oct 4, 2010 4:58am
salam hi all


love my ema200 lets enjoy the ride

a lot of shitt out there chaina greece rating fo the uk lets see

best of luck to all
  • #258,203
  • Oct 4, 2010 4:59am Oct 4, 2010 4:59am
Quoting uksnowman
Morning Dag, Azim. How are you guys doing? I have only been trading EU this morning, has been a bit easier to judge than GU. For GU, price has been pulled backwards and forwards around DPP/WPP. Last 3 hourly closes below although the long bullish pin shows there are still plenty of buyers around. I am going to play the safe side and wait for a close above DPP before entering long (possibly on a test of either WPP or DPP after close above).
hi rich , doing good mate. Hope you are as well
Can't go wrong with that plan in mind imo, I took it a bit earlier as I don't have the patience to just sit in front of the screen waiting for the breakout. So, I lowered my risk and just took the trade. So far it seems, I've made the correct decision. Right time for my jog. Catch you later
Thank You
  • #258,204
  • Oct 4, 2010 4:59am Oct 4, 2010 4:59am
a last minute drive to make it a green bar !!

I like that positive thinking
  • #258,205
  • Oct 4, 2010 4:59am Oct 4, 2010 4:59am
darn its crackforex high all the time the chart
Attached Image (click to enlarge)
Click to Enlarge Name: 1h cable.gif Size: 41 KB
  • #258,206
  • Oct 4, 2010 5:08am Oct 4, 2010 5:08am
Messy price action on lower t/f's, the pullback from current intraday lo of 5746 (61.8% 5668-5872) encountered supply @ 5805 and price has ranged ever since on lower t/f's although there is now a tripletest of the 61.8% of said 5746-5805...Will this hold as a base for starting to build further upside ??

G/L
Attached Image
ex member
  • #258,207
  • Oct 4, 2010 5:12am Oct 4, 2010 5:12am
Quoting Capn79
He's referring to 'masterforex' - If that was too difficult to understand, maybe this isn't the site for you.

Bye Numb-nuts, thanks for contaminating this forum with your useless drivel.
what your contribution to this forum? i don't see at all


short cable @ 1.5798, SL 1.5845, TP 1.572
  • #258,208
  • Oct 4, 2010 5:14am Oct 4, 2010 5:14am
On my weekly chart, cable has to break 1.5841 for me to go long.
on my daily chart, cable needs to break 1.5861 to go long
on my h4 chart, i need cable to close above 1.5847 to go long..

PLEASE CAN SOMEONE TELL CABLE TO FOLLOW GBPCHF DOWN THE DRAIN??
  • #258,209
  • Oct 4, 2010 5:17am Oct 4, 2010 5:17am
Quoting pips stunner
On my weekly chart, cable has to break 1.5841 for me to go long.
on my daily chart, cable needs to break 1.5861 to go long
on my h4 chart, i need cable to close above 1.5847 to go long..

PLEASE CAN SOMEONE TELL CABLE TO FOLLOW GBPCHF DOWN THE DRAIN??
Down the drain that things a YO-YO back up before you know it !!
  • #258,210
  • Oct 4, 2010 5:17am Oct 4, 2010 5:17am
Quoting pawpaw1000
not trading till I see how we react to LTL...
to the T
@pawpaw1000 on Twitter
  • #258,211
  • Oct 4, 2010 5:25am Oct 4, 2010 5:25am
sorry bro , be carefull for your short. but "if there is short".. watch 5735-5750

Temporary ( based on 1 H ), 5765-5775 provide good support at the moment. but time will tell

good luck .....

Quoting dashboard
what your contribution to this forum? i don't see at all


short cable @ 1.5798, SL 1.5845, TP 1.572
not euphoria follower
  • #258,212
  • Oct 4, 2010 5:48am Oct 4, 2010 5:48am
Hi wormboy, did you see my entries for short last week all triggered good now, the long i said is taking effect heading to r1.

Quoting wormboy
hi rich , doing good mate. Hope you are as well
Can't go wrong with that plan in mind imo, I took it a bit earlier as I don't have the patience to just sit in front of the screen waiting for the breakout. So, I lowered my risk and just took the trade. So far it seems, I've made the correct decision. Right time for my jog. Catch you later
  • #258,213
  • Oct 4, 2010 5:49am Oct 4, 2010 5:49am
Cable gearing to shoot up to 1.60...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-dly.gif Size: 21 KB
From the tips to the dips, it's all about the pips
  • #258,214
  • Oct 4, 2010 5:51am Oct 4, 2010 5:51am
All short should be closed, we are heading long to r1, this is not an issue of short be careful this is an issue of close all shorts. heading to 1.5900


Quoting iqyu5an
sorry bro , be carefull for your short. but "if there is short".. watch 5735-5750

Temporary ( based on 1 H ), 5765-5775 provide good support at the moment. but time will tell

good luck .....
  • #258,215
  • Oct 4, 2010 5:56am Oct 4, 2010 5:56am
Quoting wormboy
hi rich , doing good mate. Hope you are as well
Can't go wrong with that plan in mind imo, I took it a bit earlier as I don't have the patience to just sit in front of the screen waiting for the breakout. So, I lowered my risk and just took the trade. So far it seems, I've made the correct decision. Right time for my jog. Catch you later
Yep good too thanks. Looks like it was perfect timing on your side I ended up taking a small long off 5776 (going against what I said but price looked to be propped up somewhat), will add more once we have a first pullback.
  • #258,216
  • Oct 4, 2010 5:58am Oct 4, 2010 5:58am
Quoting iqyu5an
sorry bro , be carefull for your short. but "if there is short".. watch 5735-5750

Temporary ( based on 1 H ), 5765-5775 provide good support at the moment. but time will tell

good luck .....
yes, look in 1h the close candle can't break 1.578

long in play again
  • #258,217
  • Oct 4, 2010 6:00am Oct 4, 2010 6:00am
Quoting Dayboy001
Back in:

Long @ 1.5773
SL @ 1.5735
TP @ 1.5830

Closed @ 1.5830 + 52.7
  • #258,218
  • Oct 4, 2010 6:05am Oct 4, 2010 6:05am
Hello there

Could someone tell which time frame should I use for the main direction - I am a day trader and I am getting confused as to which time frame to use - I know I should use 1mn chart for my entry but to get the main direction is a bit tricky.

Thank you in advance

Flo
  • #258,219
  • Oct 4, 2010 6:06am Oct 4, 2010 6:06am
Quoting Dayboy001
Closed @ 1.5830 + 52.7
good start into the new week,
congrats, dayboy
  • #258,220
  • Edited 6:44am Oct 4, 2010 6:13am | Edited 6:44am
Quoting Dayboy001
Closed @ 1.5830 + 52.7


Even I'm managing to close some of my longs from last week now!!!!!
TG Getting fed up with the parking charges on them
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