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Cable Update (GBPUSD)

  • #268,101
  • Edited 9:54am Jan 7, 2011 9:21am | Edited 9:54am
CANDLE given WRONG Signal ??

Got Report Fed Chairman Bernanke Testifies in http://www.federalreserve.gov/newsev...e20110107a.htm
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-07_224705.jpg Size: 782 KB
Always looking the GREAT, never left GOOD Point...
  • #268,102
  • Jan 7, 2011 9:38am Jan 7, 2011 9:38am
i lose 20 pips...
been waiting 2 weeks and probably i'm not follow the bull...


happy green pip to all.., listen when GM talking..,
I will be the number one Manager.
  • #268,103
  • Jan 7, 2011 9:44am Jan 7, 2011 9:44am
Quoting navhin
went long at 1.5476. Tp open. already move my stop loss to 1.5476.
risk free trade.
still holding my long. moved my stop loss to 1.5540..guaranteed 60 pips...
will close my long around 1.5640
  • #268,104
  • Jan 7, 2011 9:54am Jan 7, 2011 9:54am
Quoting navhin
still holding my long. moved my stop loss to 1.5540..guaranteed 60 pips...
will close my long around 1.5640
IMO tough resistance @ 5588
  • #268,105
  • Jan 7, 2011 10:02am Jan 7, 2011 10:02am
Quoting gsantri
IMO tough resistance @ 5588
will monitor the PA..if necessary, i wil close my long. bcz of nfp, hoping the cable to rise high.
  • #268,106
  • Edited 10:30am Jan 7, 2011 10:16am | Edited 10:30am
I found ABCD BULLISH in KOR Harmonic, this is my fault NOT Cross Check with HARMONIC Pattern.
I'm so Sorry for that's.

And my First time got CANDLE given FAULT Signal.
To be QUIET Member... more Better

GL for ALL...
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-07_KOR.jpg Size: 525 KB
Always looking the GREAT, never left GOOD Point...
  • #268,107
  • Jan 7, 2011 10:17am Jan 7, 2011 10:17am
closed my long for +91 pips.
had been a great trading week.
  • #268,108
  • Jan 7, 2011 10:25am Jan 7, 2011 10:25am
Quoting navhin
closed my long for +91 pips.
had been a great trading week.
Nicely done
  • #268,109
  • Jan 7, 2011 10:32am Jan 7, 2011 10:32am
Quoting Tsar
CANDLE given WRONG Signal ??

Got Report Fed Chairman Bernanke Testifies in http://www.federalreserve.gov/newsev...e20110107a.htm
They are always half wrong.

I never used patterns or signals for that reason. Might as well toss a coin!
"I made all my money by selling too soon"
  • #268,110
  • Jan 7, 2011 10:33am Jan 7, 2011 10:33am
Quoting Tsar
I found ABCD BULLISH in KOR Harmonic, this is my fault NOT Cross Check with HARMONIC Pattern.

And my First time got CANDLE given FAULT Signal.
To be QUIET Member... more Better

GL for ALL...
C'mon Bro, I know you can trade better

Well I'm done for day, see u all in the morning/asia time.

Good luck.
  • #268,111
  • Jan 7, 2011 10:49am Jan 7, 2011 10:49am
Quoting Bleek
They are always half wrong.

I never used patterns or signals for that reason. Might as well toss a coin!
Hi Bleek,

Would you like tell me How You use to Trade ??
You're Right, often Pattern or Signal give WRONG...
Like Harmonic, Fibonacci and others.

Btw... CANDLE and CHART Pattern never lie.
This is my First Experience.


Best Regards,


Tsar
Always looking the GREAT, never left GOOD Point...
  • #268,112
  • Jan 7, 2011 10:49am Jan 7, 2011 10:49am
Oops sorry I mean I'm done for week.
See u all Monday morning.

Have a good weekend all
  • #268,113
  • Jan 7, 2011 11:02am Jan 7, 2011 11:02am
Vey much appreciate and thanks a lot to all of you for your moral support and i will continue a usual.

http://www.forexfactory.com/showpost...stcount=361070
  • #268,114
  • Jan 7, 2011 11:08am Jan 7, 2011 11:08am
Quoting gsantri
C'mon Bro, I know you can trade better

Well I'm done for day, see u all in the morning/asia time.

Good luck.

Yup... Thank's.
Don't Forget Today is FRIDAY, Bro.
Always looking the GREAT, never left GOOD Point...
  • #268,115
  • Edited 11:26am Jan 7, 2011 11:09am | Edited 11:26am
this week max was ~1.557
next week will be ~1.552

scalping is damm bloody good for gu this week and perhaps first 1-2 day by next week before MPC result. I believe thursday GU should dive 300-500m underwater from this 5350 gate

so sell all rallies n watch out at 1.5350 area.


enjoy ur weekend and take care

g
Attached Image (click to enlarge)
Click to Enlarge Name: GU-H1.JPG Size: 133 KB
  • #268,116
  • Jan 7, 2011 11:38am Jan 7, 2011 11:38am
Quoting gsantri
Oops sorry I mean I'm done for week.
See u all Monday morning.

Have a good weekend all
You too, gsantri .
All systems of divination, like music itself,work through patterns.
  • #268,117
  • Jan 7, 2011 11:43am Jan 7, 2011 11:43am
Quoting GlobalMacro
one more assault at the daily highs...

Long @ 1.5550
alright...no momentum this late on friday closing the position here @ 1.5554.

My Position Is Now FLAT.

Have a great weekend all!
Hear the music before the song is over ...
  • #268,118
  • Jan 7, 2011 11:46am Jan 7, 2011 11:46am
Quoting GlobalMacro
alright...no momentum this late on friday closing the position here @ 1.5554.

My Position Is Now FLAT.

Have a great weekend all!
Your Presence although small has already made a huge difference here today. Have a great weekend and please keep in touch.
You've got to be IN IT to WIN IT!
  • #268,119
  • Jan 7, 2011 11:54am Jan 7, 2011 11:54am
Quoting Ifty
Your Presence although small has already made a huge difference here today. Have a great weekend and please keep in touch.
i really have to disagree here , Ifty . GM's presence is ,well,.... BIG.
Have great weekend both and all. . and plz. come back soon GM.
All systems of divination, like music itself,work through patterns.
  • #268,120
  • Jan 7, 2011 11:59am Jan 7, 2011 11:59am
Quoting Tsar
Hi Bleek,

Would you like tell me How You use to Trade ??
You're Right, often Pattern or Signal give WRONG...
Like Harmonic, Fibonacci and others.

Btw... CANDLE and CHART Pattern never lie.
This is my First Experience.


Best Regards,


Tsar
To be fair they do not lie at all

They also have ZERO predictive ability and youd likely trade better from a coin toss.

But right 10% of the time by coincidence is enough to fool pretty much everyone on this forum.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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