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Cable Update (GBPUSD)

  • #260,041
  • Oct 12, 2010 8:50am Oct 12, 2010 8:50am
Quoting chazzle
pending longs 15810 , 15790
You'r damn quick changing bias it dazzles me
Don't be a hero. Don't have an ego. Always question yourself
  • #260,042
  • Oct 12, 2010 8:53am Oct 12, 2010 8:53am
Quoting USD-Bear
You'r damn quick changing bias it dazzles me
if it's like me, he's not changing bias' he doesn't have one !!

  • #260,043
  • Oct 12, 2010 8:56am Oct 12, 2010 8:56am
USD-Bear,

Re- Chazzle. Thats what im thinking he couldnt be bothered to wait on his shorts.

As soon as he bails, it starts to go down..lol

Here is what i wish for that Chazzles pending longs get triggered and he pulls his 10 pips or so, and then we spend the rest of the day edging towards 1.5750ish.

Chazzle i wish you well.
I need to finish something i started
  • #260,044
  • Oct 12, 2010 8:56am Oct 12, 2010 8:56am
Quoting Dayboy001
if it's like me, he's not changing bias' he doesn't have one !!

Right, should have chosen the word "direction"
Don't be a hero. Don't have an ego. Always question yourself
  • #260,045
  • Oct 12, 2010 8:57am Oct 12, 2010 8:57am
Quoting USD-Bear
You'r damn quick changing bias it dazzles me
Cloggie always said you should be flexible with your bias but quite firm on your entries.

But its not even that - I am just looking at strong support at 15780 and resistance at 15870 and taking positions near those levels and leaving out the middle bit.90 pip range leave out the middle 30
  • #260,046
  • Oct 12, 2010 8:59am Oct 12, 2010 8:59am
Quoting bigwal


Chazzle i wish you well.
Thanks Warren,just a different approach....
  • #260,047
  • Oct 12, 2010 8:59am Oct 12, 2010 8:59am
USDx another pin bar bounce off 78 (10 min chart) at the same time GBPUSD re-tested the daily low support. Are we looking at another bounce or will it break?
Today's zone = Tomorrow's opportunity!
  • #260,048
  • Oct 12, 2010 9:02am Oct 12, 2010 9:02am
Quoting mdiz2
May I ask what is the indicator you show on the charts you post here? I thought I read in one of your posts you were using the 30,15 and 5.

thank you
I use 2 different custom indicators in one window, I will post a brief guideline next week on a different thread and if there are traders interested, they can experiment and see whether it fits in with their way of trading. It will keep this thread free to focus on broader GBP trading and not clog it up with short term trading which is not everyones cup of tea.
" Never let the past hold the future to ransom "
  • #260,049
  • Oct 12, 2010 9:05am Oct 12, 2010 9:05am
Quoting bigwal
USD-Bear,

Re- Chazzle. Thats what im thinking he couldnt be bothered to wait on his shorts.

As soon as he bails, it starts to go down..lol

Here is what i wish for that Chazzles pending longs get triggered and he pulls his 10 pips or so, and then we spend the rest of the day edging towards 1.5750ish.

Chazzle i wish you well.
chazzle is ok bigwal,
its just a way of trading, he tries to get a feel about micro-direction fetch some pips and go on. I'm not able to do that, I need PA to give some room before deciding to bail out or not, on the other hand I can be very patient if necessary
Don't be a hero. Don't have an ego. Always question yourself
  • #260,050
  • Oct 12, 2010 9:09am Oct 12, 2010 9:09am
Quoting chazzle
Cloggie always said you should be flexible with your bias but quite firm on your entries.

But its not even that - I am just looking at strong support at 15780 and resistance at 15870 and taking positions near those levels and leaving out the middle bit.90 pip range leave out the middle 30

it can't be more true!!
COT: The precious data ignored
  • #260,051
  • Oct 12, 2010 9:12am Oct 12, 2010 9:12am
Quoting Gleneagles
I use 2 different custom indicators in one window, I will post a brief guideline next week on a different thread and if there are traders interested, they can experiment and see whether it fits in with their way of trading. It will keep this thread free to focus on broader GBP trading and not clog it up with short term trading which is not everyones cup of tea.
Sounds good let us know which thread.
  • #260,052
  • Oct 12, 2010 9:13am Oct 12, 2010 9:13am
USD-Bear,

Chazzle is ok and like you say we all have different methods.

If his method is working for him thats all good.

@ Chazzle, sorry if i seemed to pick holes in your method.

Good luck to us all, wether we are looking for 10 or 1000 pips.

Warren
I need to finish something i started
  • #260,053
  • Oct 12, 2010 9:17am Oct 12, 2010 9:17am
Quoting bigwal
USD-Bear,

Chazzle is ok and like you say we all have different methods.

If his method is working for him thats all good.

@ Chazzle, sorry if i seemed to pick holes in your method.

Good luck to us all, wether we are looking for 10 or 1000 pips.

Warren
Cheers mate - Bulls win Bears win,Pigs get slaughtered...
  • #260,054
  • Oct 12, 2010 9:28am Oct 12, 2010 9:28am
Quoting USD-Bear
Trying the other side, short @ 1.584
SL 159.00
Target 157
Moved SL to BE
GBP relative very weak if you compare GU to USDX
Don't be a hero. Don't have an ego. Always question yourself
  • #260,055
  • Oct 12, 2010 9:29am Oct 12, 2010 9:29am
signing off - leaving trades open as quite low risk
GL everyone
  • #260,056
  • Oct 12, 2010 9:31am Oct 12, 2010 9:31am
Your longs are low risk!

see ya later Chazzle
I need to finish something i started
  • #260,057
  • Oct 12, 2010 9:32am Oct 12, 2010 9:32am
30 min chart closed below Weekly S1 level. Now a re-test to see if it holds as resistance?
Today's zone = Tomorrow's opportunity!
  • #260,058
  • Oct 12, 2010 9:50am Oct 12, 2010 9:50am
USDX still key imo, GBP can't do it on its own for shorts, although its trying hard....

Attached Image
Don't be a hero. Don't have an ego. Always question yourself
  • #260,059
  • Oct 12, 2010 9:56am Oct 12, 2010 9:56am
I go back checking of Real Trader View but found out just..............
I only found this post How many pip we drop since Friday lol
http://www.forexfactory.com/showpost...stcount=259879
But to b fair there is still very few good trader here i respect and always care about their view.
BTW i posted my view and we will see this drop and what will happen next before 2 days on other thread.
GL & Trade safe
  • #260,060
  • Oct 12, 2010 10:18am Oct 12, 2010 10:18am
Quoting egkid
I go back checking of Real Trader View but found out just..............
I only found this post How many pip we drop since Friday lol
http://www.forexfactory.com/showpost...stcount=259879
But to b fair there is still very few good trader here i respect and always care about their view.
BTW i posted my view and we will see this drop and what will happen next before 2 days on other thread.
GL & Trade safe
You're rather cryptic egkid, miss your appreciated views, why not post them here?
Don't be a hero. Don't have an ego. Always question yourself
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