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Cable Update (GBPUSD)

  • #271,061
  • Feb 5, 2011 5:58pm Feb 5, 2011 5:58pm
Quoting Turveyd
May trade off M1 and S10, but thats just to better time exits and entrys, not really in it for quickies, I'm after those 100+ pip intraday trend moves, got suckered into being a scalper which is bad and back to 1hour+ holds.

Trading profitably is simple, see a direction, jump on the direction, ride the direction till it's no longer valid any attempt to do otherwise will cost you.
Then turv my man, back to the 5m for ya...

Buy the 5, sell the 5 in direction of the daily..you will find what you seek.

All about the same things we used to trade, same charts, same lines, just a longer hold....

You will continue to spin your wheels trying to swing the S20s...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #271,062
  • Feb 5, 2011 6:07pm Feb 5, 2011 6:07pm
Quoting Turveyd
got suckered into being a scalper which is bad and back to 1hour+ holds.
My thoughts are that if scalping you are really up against the bank pros... and fighting on their turf - I saw a show put up on youtube from the early 80s showing the lives of 3 fx traders (2 bank traders one in Japan one in London and a "syndicate" trader - I guess what you would now call a fund?) and although the 80s fashion and them chainsmoking in the office was amusing , the London guy said something which stuck in my mind - that long term they can't change much-his trading actions don't have a big impact long-term (meaning individual traders - even with the capital of a bank behind them) but his role was to take what he could get intraday and have done with it... this is what you are up against trying to scalp intraday - institutions with more information , more speed and more capital than you....sorry probably just rambling...if you want to watch the show I think its on that video thread - its pretty amusing to watch
  • #271,063
  • Feb 5, 2011 10:00pm Feb 5, 2011 10:00pm
Quoting gsantri
My setting is there on the chart, and you can learn from here;

http://www.babypips.com/school/divergence-trading.html
or
http://www.trading-naked.com/Divergence.htm


Sorry no offend but I see your posts appearing in many thread, some so high level comments. But also some silly questions.

I wonder what did you get by doing that? Should you need more reading?

What I meant is, please stay on one trading system thread you like and learn from a good traders there. just read on and read on.

Because that's what I do as I'm...
sorry Gsantri,,

maybe because I still nubie, so I often post in many threads,,
I'm trying to adapt and find a suitable system,,

maybe, if Gsantri have journals and willing to guide me, I'll settle on one system
only an analysis, and I'm always wrong, don't follow me,
  • #271,064
  • Edited 10:34pm Feb 5, 2011 10:24pm | Edited 10:34pm
...but if i take a look at daily 1.626/7 should be the starting point....

happy weekend and enjoy ur trade

g
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  • #271,065
  • Feb 6, 2011 5:22am Feb 6, 2011 5:22am
Quoting andelumut
sorry Gsantri,,

maybe because I still nubie, so I often post in many threads,,
I'm trying to adapt and find a suitable system,,

maybe, if Gsantri have journals and willing to guide me, I'll settle on one system
Yeah right, and that is seems to be scheduled properly.

You still have not answered my question

http://www.forexfactory.com/showthre...51#post4297651
  • #271,066
  • Feb 6, 2011 5:45am Feb 6, 2011 5:45am
@ gsantri,chazzle,magix and Co.


what do u expect from thursday? respective to possible rate hikes in uk.... i guess we will have a big rally on thursday anyway? (hike or not = up and down baaaam ) ....

like euro this week......

would aprreciate your thoughts

Phanti.
Hero calls followed by margin calls...
  • #271,067
  • Feb 6, 2011 5:49am Feb 6, 2011 5:49am
Quoting Magix
Then turv my man, back to the 5m for ya...

Buy the 5, sell the 5 in direction of the daily..you will find what you seek.

All about the same things we used to trade, same charts, same lines, just a longer hold....

You will continue to spin your wheels trying to swing the S20s...
Seen a nice pull back on the Pound & Euro so wondering if this is just a nice correction before seeing markets continue long or... the start of a sell off...?
  • #271,068
  • Feb 6, 2011 6:29am Feb 6, 2011 6:29am
Quoting PhAnTi'
@ gsantri,chazzle,magix and Co.


what do u expect from thursday? respective to possible rate hikes in uk.... i guess we will have a big rally on thursday anyway? (hike or not = up and down baaaam ) ....

like euro this week......

would aprreciate your thoughts

Phanti.
there will be no rate hike until end Q1'2011....Possible in early Q2-mid Q2 or early Q3'011..

just my 2 cent..
  • #271,069
  • Feb 6, 2011 6:32am Feb 6, 2011 6:32am
Quoting grashid
there will be no rate hike until end Q1'2011....Possible in early Q2-mid Q2 or early Q3'011..

just my 2 cent..
i agree....

so we will have a nice downrally on thursday?
Hero calls followed by margin calls...
  • #271,070
  • Feb 6, 2011 6:36am Feb 6, 2011 6:36am
Quoting PhAnTi'
i agree....

so we will have a nice downrally on thursday?
correct..

in order to found some strong support before we could c a new momentum on this pair....

i would adice better watch how Monday close in order to have better view....just stay away on GU atm...as someone still not yet finish his cooking menu....take care

p/s : GU already made 2011 high....carefull. That it

g
  • #271,071
  • Feb 6, 2011 7:57am Feb 6, 2011 7:57am
Quoting PhAnTi'
@ gsantri,chazzle,magix and Co.


what do u expect from thursday? respective to possible rate hikes in uk.... i guess we will have a big rally on thursday anyway? (hike or not = up and down baaaam ) ....

like euro this week......

would aprreciate your thoughts

Phanti.
Hi Phanti,

Last upmove from Monday-Thursday and a downmove till end of this week has resulting bullish hidden divergence as seen on H4 chart. Means that could be an uptrend continuation for the coming week.

But there also a regular bearish divergence on Daily chart below. Imo its a strong sign of reversal.

The critical point would be 1.6300, if she clearly break that level then the bears has to wait. And if it holds.. hmm kaboom!

It just my view from divergence perspective, not a forecast of UK rate

Regards
.
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  • #271,072
  • Feb 6, 2011 9:04am Feb 6, 2011 9:04am
Quoting gsantri
Hi Phanti,

Last upmove from Monday-Thursday and a downmove till end of this week has resulting bullish hidden divergence as seen on H4 chart. Means that could be an uptrend continuation for the coming week.

But there also a regular bearish divergence on Daily chart below. Imo its a strong sign of reversal.

The critical point would be 1.6300, if she clearly break that level then the bears has to wait. And if it holds.. hmm kaboom!

It just my view from divergence perspective, not a forecast of UK rate

Regards
.
alright.
Thanks for the sticky infor. gsantri....

but i guess H4 bull div wont have any affect on thursday news....if they dont hike rates we will see a nice downrally.... ?!

Phanti
Hero calls followed by margin calls...
  • #271,073
  • Feb 6, 2011 10:10am Feb 6, 2011 10:10am
Quoting gsantri
Thank you.
You really a 'quite member but master of MQL apparently. It was quick
I think Tsar has mention your name couple weeks ago .

Your indi will help to mark divergence quickly. its loaded.
But when I switch between TF the previous arrow still stuck in the chart. I think it should clean up automatically. or is it because of market closed, I don't know.

Thanks for the good effort, look forward to a revised one.

Regards,

Ind: aslinya dari mana bang..

sshh..you make me feel embarrassed, i'm not a mql master ...
here's the revision, i forgot to delete on init.

keep posting bro...

nb. asli indonesia domisili jakarta.
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 MACD_Ty.mq4   10 KB | 259 downloads
Life is short..so learn from your mistakes.
  • #271,074
  • Feb 6, 2011 10:31am Feb 6, 2011 10:31am
Quoting gsantri
Yeah right, and that is seems to be scheduled properly.

You still have not answered my question

http://www.forexfactory.com/showthre...51#post4297651

there is no relation ,,?
it was only because my trading there,,

there is no promotion or any kind


i'm sorry
only an analysis, and I'm always wrong, don't follow me,
  • #271,075
  • Feb 6, 2011 11:36am Feb 6, 2011 11:36am
Quoting PhAnTi'
@ gsantri,chazzle,magix and Co.


what do u expect from thursday? respective to possible rate hikes in uk.... i guess we will have a big rally on thursday anyway? (hike or not = up and down baaaam ) ....

like euro this week......

would aprreciate your thoughts

Phanti.
I am a child in the world of fundamentals...

Sure I can listen to somebody say, "Don't push that shiny metal object into a light socket", but only know what it means by the reaction that follows.

I keep eyes on the charts and watch for directional triggers...

Color me simple, but hey, everybody gotta have something to believe in...right now, I believe that I will have another coffee...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #271,076
  • Feb 6, 2011 11:41am Feb 6, 2011 11:41am
Quoting PhAnTi'
@ gsantri,chazzle,magix and Co.


what do u expect from thursday?
$2 by end of week... like your new thread btw...will be dropping by now and then...
  • #271,077
  • Feb 6, 2011 12:14pm Feb 6, 2011 12:14pm
Quoting Tyfinity
sshh..you make me feel embarrassed, i'm not a mql master ...
here's the revision, i forgot to delete on init.

keep posting bro...

nb. asli indonesia domisili jakarta.
Wow.. It works !

Thank You very much.. You're the man !


nb; tolong diliat gmail nya bang hehe..
  • #271,078
  • Feb 6, 2011 12:27pm Feb 6, 2011 12:27pm
Quoting Magix
I am a child in the world of fundamentals...

Sure I can listen to somebody say, "Don't push that shiny metal object into a light socket", but only know what it means by the reaction that follows.

I keep eyes on the charts and watch for directional triggers...

Color me simple, but hey, everybody gotta have something to believe in...right now, I believe that I will have another coffee...



I wont sleep if I drink more coffee now. I have to get up early..

See u in next 5 hour Master.. cheerio..
  • #271,079
  • Feb 6, 2011 12:37pm Feb 6, 2011 12:37pm
Quoting gsantri


I wont sleep if I drink more coffee now. I have to get up early..

See u in next 5 hour Master.. cheerio..
Late for you, early for me...

I am still chilling in my pink fur thong, hair Einsteinesque straight up, looking like a photo negative of Buckwheat from a Flintsones Episode on crack...

Oh, don't worry, I will get all showered up and put on my Sunday finest for opening bell...wouldn't wanna give you a mental image you can never scratch from your minds eye...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #271,080
  • Feb 6, 2011 1:16pm Feb 6, 2011 1:16pm
Quoting Magix
Late for you, early for me...

I am still chilling in my pink fur thong, hair Einsteinesque straight up, looking like a photo negative of Buckwheat from a Flintsones Episode on crack...

Oh, don't worry, I will get all showered up and put on my Sunday finest for opening bell...wouldn't wanna give you a mental image you can never scratch from your minds eye...
If you've not got scrubbed up yet...could i come round to play for a couple of hours? Plz.
All systems of divination, like music itself,work through patterns.
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