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Cable Update (GBPUSD)

  • #265,281
  • Nov 25, 2010 7:59am Nov 25, 2010 7:59am
The 5 min is telling me that a short would be best taken @ a couple of pips above the 200 ema. I would take this on a manual stop for as many pips as i would feel comfortable with according to candle formation. At any level from that 15758 but it could go touch the 200 again. Could be wrong. usually am.
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All systems of divination, like music itself,work through patterns.
  • #265,282
  • Nov 25, 2010 8:15am Nov 25, 2010 8:15am
Quoting kaspopsicle
The 5 min is telling me that a short would be best taken @ a couple of pips above the 200 ema. I would take this on a manual stop for as many pips as i would feel comfortable with according to candle formation. At any level from that 15758 but it could go touch the 200 again. Could be wrong. usually am.



i could be well wrong also ..have been since i came on here..but i feel at least some resistance appearing and some pockets of solid green appearing on the screen..4 hour bollinger breached on the low side..so hopefully north for a bit and catch a breath..

bears been whipping the bulls knickers down and spanking at will thus far..

gl if you get in mate...
  • #265,283
  • Nov 25, 2010 8:18am Nov 25, 2010 8:18am
Quoting naboo
lol... in the nicest possible way
that's not a nice thing to say.

lol.
  • #265,284
  • Nov 25, 2010 8:20am Nov 25, 2010 8:20am
Quoting qwertymyfx
that's not a nice thing to say.

lol.

lol !
  • #265,285
  • Nov 25, 2010 8:20am Nov 25, 2010 8:20am
Quoting ohimae
so
Don't you understand the enormity of what he posted?
  • #265,286
  • Nov 25, 2010 8:20am Nov 25, 2010 8:20am
Quoting naboo
lol !
  • #265,287
  • Nov 25, 2010 8:21am Nov 25, 2010 8:21am
Quoting meromar
954953512010.11.25 07:31sell0.10gbpusd1.575490.000001.574752010.11.25 07:331.575360.000.000.001.30954957822010.11.25 07:37buy0.10gbpusd1.575791.555311.576572010.11.25 08:241.576570.000.000.007.80955357722010.11.25 11:22buy0.10gbpusd1.574681.554351.576312010.11.25 11:291.574780.000.000.001.00955360312010.11.25 11:23buy0.10gbpusd1.574201.553901.575902010.11.25 11:271.574510.000.000.003.10955368212010.11.25 11:27sell0.20gbpusd1.574271.595351.574002010.11.25 12:101.574000.000.000.005.40955420062010.11.25 11:59sell0.10gbpusd1.575080.000001.574002010.11.25...

I have one word for that: dilligaf
  • #265,288
  • Nov 25, 2010 8:25am Nov 25, 2010 8:25am
Quoting cloggie
I have one word for that: dilligaf
ahh, there you are cloggie.

what's up.
  • #265,289
  • Nov 25, 2010 8:26am Nov 25, 2010 8:26am
Quoting qwertymyfx
what's up.

Euro is, as I posted earlier, to the pip.

Oh, happy turkeyday.
  • #265,290
  • Nov 25, 2010 8:29am Nov 25, 2010 8:29am
Quoting meromar
Absolute Drawdown:0.00Maximal Drawdown:0.00 (0.00%)Relative Drawdown:0.00% (0.00)Averageconsecutive wins:19consecutive losses:0
Another one of these pie in the sky 100% EA no doubt, like donut boy's miracle EA.

WGAF!
  • #265,291
  • Nov 25, 2010 8:30am Nov 25, 2010 8:30am
Quoting cloggie
Euro is, as I posted earlier, to the pip.

Oh, happy turkeyday.
Man, I need to start following ur posts earlier.
  • #265,292
  • Nov 25, 2010 8:33am Nov 25, 2010 8:33am
Quoting naboo
i could be well wrong also ..have been since i came on here..but i feel at least some resistance appearing and some pockets of solid green appearing on the screen..4 hour bollinger breached on the low side..so hopefully north for a bit and catch a breath..

bears been whipping the bulls knickers down and spanking at will thus far..

gl if you get in mate...
Dont do bolls,mate. I'm a girl. Resistance levels have been in place for quite a while. If they turn to support i'll be changing track for a scalp and see where that takes me. Oops ,what an evil little spike. Which is a good reason for not getting into a trade without a good stop loss . Good luck you too.
All systems of divination, like music itself,work through patterns.
  • #265,293
  • Nov 25, 2010 8:40am Nov 25, 2010 8:40am
Quoting bbakker
Another one of these pie in the sky 100% EA no doubt, like donut boy's miracle EA.

WGAF!
But maybe this one actually works?
  • #265,294
  • Nov 25, 2010 8:42am Nov 25, 2010 8:42am
Sell cycles seem to be weakening and having a look at the MACD we could be seeing a little hidden divergence. Movement skywards still being held back by daily Roll Over, I am looking at the quick long signals.

A tip on my MACD to the above zero line and could make for a nice couple trades and watching for the next op for mass exodus on sells. US bank holiday, might be a good idea to not be holding nothing to large after the London Closing bell rings.

Good luck on the day people...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,295
  • Nov 25, 2010 8:57am Nov 25, 2010 8:57am
Quoting kaspopsicle
Dont do bolls,mate. I'm a girl. Resistance levels have been in place for quite a while. If they turn to support i'll be changing track for a scalp and see where that takes me. Oops ,what an evil little spike. Which is a good reason for not getting into a trade without a good stop loss . Good luck you too.
ha ha ..i dont use bols either really ..just had them up because i was reading the supply & demand thread by priceaction..

in reality i have literally got a set of perosnalized horizontal lines - no indis except a trendline and daily average indi on my screen that i calc and normally tend to stand up..it's a "if this happens then that, i pull the trigger"..hence not always playing with the herd or the more "educated" and will get caught now and again. but i can handle the drawdown involved for the return im seeing at a conservative risk so shall carry on with it until it tells me otherwise.

any tech analysis etc i am learning here is with view to possibly tweaking if required or using for other pairs and also to have in my back pocket when i finally get some decent profits i will plough back in for some 1:1 mentoring on alternative methods etc.... particularly interested in hooking up with a guy thats on fx street regularly on hamornics.. the probability rate appeals using that strat. thats a way off yet though.

main thing at the mo is i like the no complicated way of doing things.. i got the tf i feel confortable with.. i like the style of fixed tp or sl.. win or lose simple.. normally i trigger then leave till alarms alert me..but been monitoring more as am on this thread for a bit. not as good for the ticker it has to be said..but knocks will come and knocks will go..

gl
  • #265,296
  • Nov 25, 2010 8:59am Nov 25, 2010 8:59am
Quoting kaspopsicle
Dont do bolls,mate. I'm a girl.
What's using bols and being a girl got to do with each other?
  • #265,297
  • Nov 25, 2010 9:00am Nov 25, 2010 9:00am
greetings magix.. you bring me good tidings of a trip "furtherly" north sir?
  • #265,298
  • Nov 25, 2010 9:05am Nov 25, 2010 9:05am
Quoting naboo
greetings magix.. you bring me good tidings of a trip "furtherly" north sir?
Possibly. I would like to clear the daily roll for futher confirmation...but the triggers on a positive 5m chart seems to be telling a story of a little more meat on the bone....

Todays low is a mere 17ish pips below yesterday and the daily rolls have been about the same for 2 days running. Though we are still creating new lows on the daily candle, it doesn't necessarily mean that taking a couple of buys in the proper order won't produce a few sheckles.

Caution as always....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #265,299
  • Nov 25, 2010 9:12am Nov 25, 2010 9:12am
Yeah..errm..sorry . I got a little lost there in and out of the room.Very similar ideas.. good to meet you.
All systems of divination, like music itself,work through patterns.
  • #265,300
  • Nov 25, 2010 9:12am Nov 25, 2010 9:12am
Quoting Magix
Possibly. I would like to clear the daily roll for futher confirmation...but the triggers on a positive 5m chart seems to be telling a story of a little more meat on the bone....

Todays low is a mere 17ish pips below yesterday and the daily rolls have been about the same for 2 days running. Though we are still creating new lows on the daily candle, it doesn't necessarily mean that taking a couple of buys in the proper order won't produce a few sheckles.

Caution as always....
nice work sir.. 15800 area will suit me fine..ADR got enough room up.... daily pivot to hurdle of course and new daily highs required but H1 channel down seems to have taken broken to a shallower tilt and the H4 is on the LTL ish.. down bias still in play unfortunately, but at least there appears to be some resistance now.

of course on the other hand it could always be the big build up for the big fall...

may i ask is that mt4 your'e using and is that daily roll indi available for public consumption anywhere?
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