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Cable Update (GBPUSD)

  • #263,841
  • Nov 9, 2010 4:30pm Nov 9, 2010 4:30pm
Done for now...

Easy money as it comes, I know I could wait for the x of MA's here, but dont feel like being a hostage.

Strong bearish movement, nice little spike on a chart anomoly, I can sit and wait for a proper play with the trend.

23% of my account made on this trade(with my EU trade closed)...The rest of the week is gravy!

Go Cable!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,842
  • Nov 9, 2010 5:25pm Nov 9, 2010 5:25pm
hi all

miss the room i ll be back soon i hope all doing great and in green

something to look at love the darn ema 200
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  • #263,843
  • Nov 9, 2010 5:52pm Nov 9, 2010 5:52pm
A few more sheckles added on this...x is imminent...


When the lines x, I am out for the day for sure this time...

I mean it...

No seriously....

Really...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,844
  • Nov 9, 2010 5:57pm Nov 9, 2010 5:57pm
Quoting Magix
A few more sheckles added on this...x is imminent...


When the lines x, I am out for the day for sure this time...

I mean it...

No seriously....

Really...
Close enough....
10 more outa the trade....
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,845
  • Nov 9, 2010 6:02pm Nov 9, 2010 6:02pm
Quoting Magix
Done for now...

Easy money as it comes, I know I could wait for the x of MA's here, but dont feel like being a hostage.

Strong bearish movement, nice little spike on a chart anomoly, I can sit and wait for a proper play with the trend.

23% of my account made on this trade(with my EU trade closed)...The rest of the week is gravy!

Go Cable!

23% on one trade?? Damn, How big are you going in dude! - And I thought I went in heavy..

Awesome stuff.
Cap
  • #263,846
  • Nov 9, 2010 6:04pm Nov 9, 2010 6:04pm
Quoting The Captain
23% on one trade?? Damn, How big are you going in dude! - And I thought I went in heavy..

Awesome stuff.
Balls to the walls on the 200s mango...

They only come around maybe once per month....

I sit on my trigger eating finger nails and chain smoking cigs while doing this, but haven't lost a 200 yet.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,847
  • Nov 9, 2010 6:07pm Nov 9, 2010 6:07pm
Fiber hitting the 200EMA on H4, still waiting on a couple to close on the 1m chart x....
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,848
  • Nov 9, 2010 6:10pm Nov 9, 2010 6:10pm
Quoting The Captain
First support here at 1.6000, then next stop 1.5850!
hey captain..im also looking forward 5850...

btw, what indicator u use on your right chart?

seem to be nice...
  • #263,849
  • Nov 9, 2010 6:23pm Nov 9, 2010 6:23pm
Quoting Magix
Balls to the walls on the 200s mango...

They only come around maybe once per month....

I sit on my trigger eating finger nails and chain smoking cigs while doing this, but haven't lost a 200 yet.
Nice.. which 200's on what time frames are you talking?
Cap
  • #263,850
  • Nov 9, 2010 6:24pm Nov 9, 2010 6:24pm
Quoting cupidpet
hey captain..im also looking forward 5850...

btw, what indicator u use on your right chart?

seem to be nice...
It's called Pipware Mini-charts found here.

http://www.pipware.com/mini-charts.html

Cheers.
Cap
  • #263,851
  • Nov 9, 2010 6:32pm Nov 9, 2010 6:32pm
Quoting The Captain
Nice.. which 200's on what time frames are you talking?
Typical cable movement on the 1m charts will look like a 100 pip drop after the 24sma x 200ema. Throw 100 on there and we get 200 pip movement, looking like the chart below.

When I see, I hammer the 200th pip...HARD!

And ride it until the 24 x 200 counter.

Ta Daaaaaaaaa!

simplicity.

I watch the daily movements based on 100 pips on the x. Check my triggers on the 1m, and hammer accordingly.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #263,852
  • Nov 9, 2010 6:46pm Nov 9, 2010 6:46pm
Quoting The Captain
It's called Pipware Mini-charts found here.

http://www.pipware.com/mini-charts.html

Cheers.
thanks captain...
  • #263,853
  • Nov 9, 2010 6:48pm Nov 9, 2010 6:48pm
Quoting cupidpet
thanks captain...
No problem!


Quoting Magix
Typical cable movement on the 1m charts will look like a 100 pip drop after the 24sma x 200ema. Throw 100 on there and we get 200 pip movement, looking like the chart below.

When I see, I hammer the 200th pip...HARD!

And ride it until the 24 x 200 counter.

Ta Daaaaaaaaa!

simplicity.

I watch the daily movements based on 100 pips on the x. Check my triggers on the 1m, and hammer accordingly.
Thanks Dude,

Never use the 200EMA, just SMA as per eohater, but I'll check it out.

Cheers.
Cap
  • #263,854
  • Nov 9, 2010 6:53pm Nov 9, 2010 6:53pm
Quoting PhAnTi'

let's see how pa will do at descending tl and support area for trend confirmation

Quoting Fudomyo
WR1 was logical topside stopping point for last week. Decent near downside targets if the WPP holds price, WS1, MPP, 15900 area first. If we break topside of the WPP, this week's WR1 is now sitting near current R2 16324 area. Any of these look good.
got our confirmation.

6010 is holding price topside atm, above that 6120 is a good first target. If we get below MPP, 15800, 15750 are next downside targets. The Monthly Dynamic Balance Point holding the bottom this area. Favoring a pullback to the descending TL 6112 area as a next move above 6010. WS1 firming up a bit as temporary support.
  • #263,855
  • Nov 9, 2010 6:57pm Nov 9, 2010 6:57pm
Quoting grashid
just hit..ok watch M5 n M15 till sign of reversal vs H1...

if H1 close below my last pink dotted line..1.5980/70 is on the way

good luck all n enjoy ur trade

chiow

g
GM guys,

damm really hit at my 2 critical area as am posted before (sorry i have to delete that post for some reason, for those who got it, u got it, for those who not just ask from some one who got that)

Ok simple again it parked at my second critical area to formed some reversal where am looking at my 3 yellow line or back to pink line where is the important suport in yesterday drop or even higher to that blue dotted line where it started to drop....if it failed to touch that pink line, massive drop directely to second area of yellow dotted line where 58850-58350-57780 would be another test

i am observed carefully towards that pink line before reload again my setting..

Good luck...chiow

g
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  • #263,856
  • Nov 9, 2010 6:59pm Nov 9, 2010 6:59pm
Quoting Magix
In Jav's defense...

Without a chart posted, she seems to be a fair trader....
my target is so high, 400 pips maybe (sure if not break last low),..and so sorry i don't give much contribution like give some chart as you do, i'm a lazy person..
good luck to you... have a good day
I will be the number one Manager.
  • #263,857
  • Nov 9, 2010 7:10pm Nov 9, 2010 7:10pm



rgds,iqyu

http://www.forexfactory.com/showpost...stcount=263813


Quoting iqyu5an
Are we ready for ?

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=879
not euphoria follower
  • #263,858
  • Nov 9, 2010 7:14pm Nov 9, 2010 7:14pm
Quoting iqyu5an



rgds,iqyu

http://www.forexfactory.com/showpost...stcount=263813
enough..

dun behave like kids....ur view is ur view n let em gone....just post our view as usual n helping some one here.....got sick to see u kept stressing that...

right or wrong only determine in ur acc...not a vouch or what so ever....nothing to be proud unless u make it growth ur acc....
  • #263,859
  • Edited 7:40pm Nov 9, 2010 7:25pm | Edited 7:40pm
hi bro...
hahahhaa kid ? who ?

take a calm..... and peace...

i always post the view like u mentioned but i dont want to make multiple chart.

i always give the link of my prev chart ( where is the predicted top ...where is the predicted bottom for longterm view with the reason etc etc ). if u just see my post without click the link........off course there could be miss understanding like what u wrote bro ....

and i dont need to show performance growth here, right ?

come on dont judge the book from the cover ....................



Quoting grashid
enough..

dun behave like kids....ur view is ur view n let em gone....just post our view as usual n helping some one here.....got sick to see u kept stressing that...

right or wrong only determine in ur acc...not a vouch or what so ever....nothing to be proud unless u make it growth ur acc....
not euphoria follower
  • #263,860
  • Edited 7:58pm Nov 9, 2010 7:28pm | Edited 7:58pm
Having a bit of trouble posting charts here. I upgraded my monitors and the file sizes are too large for FF's limit and reducing the jpeg size screws them up.

Maybe these are better.

Anyway, let's see what they want to do here. If USDX 23.6% contains the bounce temporarily, then we'll see the WPP test 1614 before the next leg. A lot depends if the GB Inflation report is dovish what happens after that. A break back above the WPP puts us back on the bull run, if they're going with QE then we'll test the MPP off the topside pullback. Still loitering under the DPP around 6010, so that's the first step. They may just skip the pullback altogether and go for the MPP next if this area doesn't hold as support.
If the hourly closes above 6010, that would help the short term cause for the north.

Quoting Fudomyo
got our confirmation.

6010 is holding price topside atm, above that 6120 is a good first target. If we get below MPP, 15800, 15750 are next downside targets. The Monthly Dynamic Balance Point holding the bottom this area. Favoring a pullback to the descending TL 6112 area as a next move above 6010. WS1 firming up a bit as temporary support.
Attached Image(s) (click to enlarge)
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