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Cable Update (GBPUSD)

  • #267,941
  • Jan 5, 2011 10:12am Jan 5, 2011 10:12am
Thank you, compliment indeed.! Just got up from snooze. Off to do horses, back around 6.00. Thanks again ...
All systems of divination, like music itself,work through patterns.
  • #267,942
  • Jan 5, 2011 10:19am Jan 5, 2011 10:19am
Quoting Abu-Rami
05-01-2011
http://2.bp.blogspot.com/_eJeoUej2Uk...11-+Result.png
  • #267,943
  • Jan 5, 2011 10:33am Jan 5, 2011 10:33am
nice little bounce off yesterday's low.I'm looking for 5498 and then i'm out.

Magix, thanks again for the posts about using the previous day's highs and lows as support and res. I've been trying to learn/use these lately.
  • #267,944
  • Jan 5, 2011 10:44am Jan 5, 2011 10:44am
Quoting Ineedpips9
nice little bounce off yesterday's low.I'm looking for 5498 and then i'm out.
pulling it off now while still up. the last couple of minutes aren't looking too nice.Since I'm chart watching I can't stand watching it go against me.Owell.
  • #267,945
  • Jan 5, 2011 10:53am Jan 5, 2011 10:53am
Quoting Ineedpips9
pulling it off now while still up. the last couple of minutes aren't looking too nice.Since I'm chart watching I can't stand watching it go against me.Owell.
Looks like its hitting a fib retrace level but you could have pulled a nice 20 pip swing out of that so far if you bought right at yesterday's low.
  • #267,946
  • Jan 5, 2011 11:07am Jan 5, 2011 11:07am
Enjoying Cable today and in fact even over Christmas with low volumes, some interesting PA.

Short 544 down to 482 +62
Long 455 up to 495 +40

And finally I've a short currently from 497 (st 15 / tp ~30). Only target 30 initially and then I adjust as I see fit when we approach the target price area.
"I made all my money by selling too soon"
  • #267,947
  • Jan 5, 2011 11:15am Jan 5, 2011 11:15am
Quoting Ineedpips9
nice little bounce off yesterday's low.I'm looking for 5498 and then i'm out.

Magix, thanks again for the posts about using the previous day's highs and lows as support and res. I've been trying to learn/use these lately.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,948
  • Jan 5, 2011 11:20am Jan 5, 2011 11:20am
Quoting Bleek
And finally I've a short currently from 497 (st 15 / tp ~30). Only target 30 initially and then I adjust as I see fit when we approach the target price area.
Not too excited by this trade actually, wouldn't normally trade her - potentially an overtrade (error) to end the day on.
"I made all my money by selling too soon"
  • #267,949
  • Jan 5, 2011 11:27am Jan 5, 2011 11:27am
Quoting Ineedpips9
pulling it off now while still up. the last couple of minutes aren't looking too nice.Since I'm chart watching I can't stand watching it go against me.Owell.
wow.looks like I was correct the first time. Owell. If she goes to 5515 I think she might be headed to the 200ma on the 5m tf. Just my 2 cents. I'm out for now and starting to look closer at the pa on the dragon. For some reason my last few trades with that pair haven't gone too well.

p.s. good to see ya back magix. looking forward to the new tpl. I've been trying to figure out how to save a tpl so i can move it to my other computers, but so far I can just save it to the one I'm using at the time.
  • #267,950
  • Jan 5, 2011 11:41am Jan 5, 2011 11:41am
Quoting Ineedpips9
wow.looks like I was correct the first time. Owell. If she goes to 5515 I think she might be headed to the 200ma on the 5m tf. Just my 2 cents. I'm out for now and starting to look closer at the pa on the dragon. For some reason my last few trades with that pair haven't gone too well.

p.s. good to see ya back magix. looking forward to the new tpl. I've been trying to figure out how to save a tpl so i can move it to my other computers, but so far I can just save it to the one I'm using at the time.
There are 2 directories for templates in your Meta 4 folder. There is one in the main folder and one in the experts folder. The one you want to copy files into is the one in the main directory. If you have saved it to the experts/templates, it will not show.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,951
  • Jan 5, 2011 1:44pm Jan 5, 2011 1:44pm
Quoting Magix
There are 2 directories for templates in your Meta 4 folder. There is one in the main folder and one in the experts folder. The one you want to copy files into is the one in the main directory. If you have saved it to the experts/templates, it will not show.
gotcha. found it under compatibility files.
  • #267,952
  • Jan 5, 2011 3:56pm Jan 5, 2011 3:56pm
Sorry this has got nothing to do with trading but had to share it.

THERE IS ALWAYS HOPE guys.

6 million hits in 2 days and hopefully he will be set for life now.

Inserted Video
You've got to be IN IT to WIN IT!
  • #267,953
  • Jan 5, 2011 4:11pm Jan 5, 2011 4:11pm
OFF TOPIC...This is everything to do with trading. The guy knows his edge and is out there.....brave guy..i can imagine how many times a day he gets put down . Very uplifting, Ift, i'd go as far as to say as good as a new bra.. ooops not back on the manboobs again honestly.
All systems of divination, like music itself,work through patterns.
  • #267,954
  • Jan 5, 2011 4:34pm Jan 5, 2011 4:34pm
Quoting kaspopsicle
OFF TOPIC...This is everything to do with trading. The guy knows his edge and is out there.....brave guy..i can imagine how many times a day he gets put down . Very uplifting, Ift, i'd go as far as to say as good as a new bra.. ooops not back on the manboobs again honestly.
Glad you enjoyed it, honestly I found it so inspiring. I am willing to buy a new bra if it feels as good as this LOL (not really lol). God bless him and you Kas .
You've got to be IN IT to WIN IT!
  • #267,955
  • Jan 5, 2011 4:54pm Jan 5, 2011 4:54pm
Quoting Ifty
Sorry this has got nothing to do with trading but had to share it.

THERE IS ALWAYS HOPE guys.

6 million hits in 2 days and hopefully he will be set for life now.
that is pure inspiration.

i busted 2 acc but now im slowly but surely gettin set for life now.

tq tq tq.
  • #267,956
  • Jan 5, 2011 5:00pm Jan 5, 2011 5:00pm
Quoting freqzz
that is pure inspiration.

i busted 2 acc but now im slowly but surely gettin set for life now.

tq tq tq.
Glad to hear mate. Keep it up.
You've got to be IN IT to WIN IT!
  • #267,957
  • Edited 5:26pm Jan 5, 2011 5:03pm | Edited 5:26pm
I looked in on this thread and the eurusd today and the stats were staggering. A snapshot revealed over 1000 at the eurusd thread with just over 30 here in the gbpusd thread.

Now both threads are plagued by the usual nonesense late calling, bad analysis, clashes of ego, spam, and so called 'Guru's' wanting everyone to know how great they are (,!) but this thread in particular has gone downhill in recent times. and it is reflected in the porr atendance now. Add to this that the spread erosion on the eurusd is smaller as a percentage of ADR than cable and eurusd seesm to be attracting the attention.

I hope this thread can recover.

G/L
Attached Images
ex member
  • #267,958
  • Jan 5, 2011 5:06pm Jan 5, 2011 5:06pm
Green pips for you all...

http://2.bp.blogspot.com/_eJeoUej2Uk...06-01-2011.png
  • #267,959
  • Jan 5, 2011 6:28pm Jan 5, 2011 6:28pm
Quoting bbmac
I looked in on this thread and the eurusd today and the stats were staggering. A snapshot revealed over 1000 at the eurusd thread with just over 30 here in the gbpusd thread.

Now both threads are plagued by the usual nonesense late calling, bad analysis, clashes of ego, spam, and so called 'Guru's' wanting everyone to know how great they are (,!) but this thread in particular has gone downhill in recent times. and it is reflected in the porr atendance now. Add to this that the spread erosion on the eurusd is smaller...
I was previously a more active participant on this thread when I solely traded GU but now that I trade over 25 currency pairs of the daily charts, I see no point in posting non-GU charts in this thread.

I am also at a point where I am not as time rich as before for various reasons so my time on here is restricted.

Here is my daily outlook with two possible scenarios and neither can happen. The thing is anything can happen, but I will only trade this pair once it hits my supply or demand zones.

Attached Image (click to enlarge)
Click to Enlarge Name: 110106_gu_d1.png Size: 43 KB


Success with your trading!
  • #267,960
  • Jan 5, 2011 6:53pm Jan 5, 2011 6:53pm
Quoting kaspopsicle
OFF TOPIC...This is everything to do with trading. The guy knows his edge and is out there.....brave guy..i can imagine how many times a day he gets put down . Very uplifting, Ift, i'd go as far as to say as good as a new bra.. ooops not back on the manboobs again honestly.
Off topic...
Nothing to do with trading...

I really like where your mind wanders Kas. The world really would be a better place with more people like you.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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