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Cable Update (GBPUSD)

  • #261,621
  • Oct 24, 2010 4:42pm Oct 24, 2010 4:42pm
ride the waves dude , that was 100£ in 5 mins...
  • #261,622
  • Oct 24, 2010 4:49pm Oct 24, 2010 4:49pm
Quoting Makeveli
ride the waves dude , that was 100£ in 5 mins...
I'm no good at surfing
Enter Signature
  • #261,623
  • Oct 24, 2010 5:49pm Oct 24, 2010 5:49pm
i just took a blind leap at those pairs..i went for long, cos i forsee the two going long for four hours.....looking at the fibonacci, and the movingg average,,,it forsees up trend for the next four hours or so (even though it is bearish for now)..anybody agree with me?
  • #261,624
  • Oct 24, 2010 6:44pm Oct 24, 2010 6:44pm
I think im going to go die with the market, the volatility of gbp/usd is becoming more like eur/gbp volatility. what happend to those 300-500 pip a day moves...
  • #261,625
  • Oct 24, 2010 6:51pm Oct 24, 2010 6:51pm
Quoting Robot
I think im going to go die with the market, the volatility of gbp/usd is becoming more like eur/gbp volatility. what happend to those 300-500 pip a day moves...
300-500 at weekly opening bell?

Not even when that volcano hit did we see a 300 pip downside move mango.

NFP...sure...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,626
  • Oct 24, 2010 6:52pm Oct 24, 2010 6:52pm
I'm still with the bulls this week unless 5645 is breached.
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  • #261,627
  • Edited 7:04pm Oct 24, 2010 6:52pm | Edited 7:04pm
its getting close............look for the trigger

This the hourly bar that can make or break

Position filled @ 1.5680....... sell (funny enough)
I need to finish something i started
  • #261,628
  • Oct 24, 2010 7:09pm Oct 24, 2010 7:09pm
Quoting bigwal
its getting close............look for the trigger

This the hourly bar that can make or break

Position filled @ 1.5680....... sell (funny enough)
My 15m here Warren.

Taken small bites on the triggers, have closed 2.5% already on the day.

Mostly off of EJ/EU plays, but we seem to be moving up a touch as of current.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,629
  • Oct 24, 2010 7:16pm Oct 24, 2010 7:16pm
Hi
Guys Im new to Forex. What charts do you recommend to trade: 4h, 2h or 1h? Also is 3% max draw-down a good money management plan for a newbie?

Thanks
  • #261,630
  • Oct 24, 2010 7:29pm Oct 24, 2010 7:29pm
i was a bit hasty on that trendline, should have waited for the hourly close to confirm., we shall see
I need to finish something i started
  • #261,631
  • Oct 24, 2010 7:31pm Oct 24, 2010 7:31pm
Quoting bigwal
i was a bit hasty on that trendline, should have waited for the hourly close to confirm., we shall see
Should get a retrace to 5686...watching for next long signal here, currently flat, all pairs.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,632
  • Oct 24, 2010 7:57pm Oct 24, 2010 7:57pm
stopped out that will teach me, played that line sweet last week.
I need to finish something i started
  • #261,633
  • Oct 24, 2010 8:01pm Oct 24, 2010 8:01pm
Quoting bigwal
stopped out that will teach me, played that line sweet last week.
Damn dude, that sucks.

Just loaded a couple shorts here....

See what I get, should be worth a few sheckles.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,634
  • Oct 24, 2010 8:05pm Oct 24, 2010 8:05pm
No, i should have kept my finger off the trigger.

you playing the 15m ema ?
I need to finish something i started
  • #261,635
  • Oct 24, 2010 8:10pm Oct 24, 2010 8:10pm
Quoting bigwal
No, i should have kept my finger off the trigger.

you playing the 15m ema ?
All time frames. 15m was the current as per chart previously posted.

5m 1m cleared the 5m, 5m to 15, short on 15, play back watch for continuation triggers.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,636
  • Oct 24, 2010 8:15pm Oct 24, 2010 8:15pm
Current shorts...sitting out of dragon because it's kinda pissing me off so far today....
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,637
  • Oct 24, 2010 8:22pm Oct 24, 2010 8:22pm
15m forecast, 15m current.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,638
  • Oct 24, 2010 8:29pm Oct 24, 2010 8:29pm
Congrats Magix.

I was to busy looking for what i wanted to happen, not what was happening
I need to finish something i started
  • #261,639
  • Oct 24, 2010 8:31pm Oct 24, 2010 8:31pm
Quoting bigwal
Congrats Magix.

I was to busy looking for what i wanted to happen, not what was happening
Opening bell just rang brother, there's a lotta week to make the dough back.

I am up to 12 charts per pair to trade and I still get it wrong...

Shit, nobody is perfect dude.

Grab a cold beer, sit back, shake off the loss and get yer ass ready for the next set.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,640
  • Edited 9:13pm Oct 24, 2010 8:57pm | Edited 9:13pm
Rejected off of 4hr EMA, s&r zone, if its going to stall out anywhere it would be here. Watching the hourly close

I am short here, last pop for a drop. then im going to bed.
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I need to finish something i started
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