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Cable Update (GBPUSD)

  • #273,701
  • Edited 4:51am Mar 8, 2011 4:50am | Edited 4:51am
6110 is calling...
i would have get some pips stops from 6189 short

always same mistake.
due to last shity moves of friday n yesterday

big fishes tryin to keep us small fishes out of market
90% of traders use TA, indicators and prediction
  • #273,702
  • Mar 8, 2011 4:52am Mar 8, 2011 4:52am
85.4 fib displayed here on m1

Attached Image
  • #273,703
  • Mar 8, 2011 5:07am Mar 8, 2011 5:07am
Out at b/e, insufficient volume ....dont want to hang around all day.
Price forming a base at 16168...I see no reason to long....yet
All systems of divination, like music itself,work through patterns.
  • #273,704
  • Mar 8, 2011 5:08am Mar 8, 2011 5:08am
Please can anybody help me to find GBP index in metatrader4!!! Please help, I need it so much
  • #273,705
  • Mar 8, 2011 5:19am Mar 8, 2011 5:19am
next stop for the shorts at 1.6160,1.6145,1.6125-30 and 1.6115-10 and 1.6080 should hold
  • #273,706
  • Mar 8, 2011 5:47am Mar 8, 2011 5:47am
Quoting Vitalisimus
Please can anybody help me to find GBP index in metatrader4!!! Please help, I need it so much
Have you tried Platform Tech.? You'll find them in the lobby and very helpful.
All systems of divination, like music itself,work through patterns.
  • #273,707
  • Mar 8, 2011 5:49am Mar 8, 2011 5:49am
bought @6170
SL @6160
TP 6250
  • #273,708
  • Mar 8, 2011 5:56am Mar 8, 2011 5:56am
Quoting _BBKing_
6110 is calling...
i would have get some pips stops from 6189 short

always same mistake.
due to last shity moves of friday n yesterday

big fishes tryin to keep us small fishes out of market
but why?? they do not care abouth small fishes...

I'd rather leave selling for tomorrow or after tomorrow, although it's still bull market...

Quoting Cobby
85.4 fib displayed here on m1

Attachment
M1 is a piece of shiiiiii.....
  • #273,709
  • Mar 8, 2011 5:59am Mar 8, 2011 5:59am
i agree,
specially when its just bounce off the daily channel's lower TL
which is my entry
goodluck
hk

Quoting Black Hole
but why?? they do not care abouth small fishes...

I'd rather leave selling for tomorrow or after tomorrow, although it's still bull market...
  • #273,710
  • Mar 8, 2011 6:02am Mar 8, 2011 6:02am
Quoting redbeben
next stop for the shorts at 1.6160,1.6145,1.6125-30 and 1.6115-10 and 1.6080 should hold
Due respect Redbe. ...anyone looking to Go Short as opposed to being in a short trade should look for a clear candle break below 16168...imho..... or look to your indies for a higher entry. I'm seeing 16195 ish as a nice place to short....but dont follow me i'm very new.
All systems of divination, like music itself,work through patterns.
  • #273,711
  • Mar 8, 2011 6:11am Mar 8, 2011 6:11am
Quoting hkkhanus
i agree,
specially when its just bounce off the daily channel's lower TL
which is my entry
goodluck
hk
My daily channel trend line currently crosses 1.6125 so at least one of us is wrong.
  • #273,712
  • Mar 8, 2011 6:13am Mar 8, 2011 6:13am
Quoting kaspopsicle
Due respect Redbe. ...anyone looking to Go Short as opposed to being in a short trade should look for a clear candle break below 16168...imho..... or look to your indies for a higher entry. I'm seeing 16195 ish as a nice place to short....but dont follow me i'm very new.
yes you are right here.but I have a diff view of the market on daily ichi and on H4 just broke the cloud bottom....
I am short since last week and adding longs in the meanwhile as it will jump back to 1.6340 minimum

and yes all the indies tell me to go long and close the shorts but I am greedy and keep them to my TP

please don't follow as this is risky.for me it works as I have a diff MM
  • #273,713
  • Mar 8, 2011 6:15am Mar 8, 2011 6:15am
what about the H1 then...? cable loves the FITTY!!!
Attached Image
  • #273,714
  • Mar 8, 2011 6:15am Mar 8, 2011 6:15am
Quoting hkkhanus
i agree,
specially when its just bounce off the daily channel's lower TL
which is my entry
goodluck
hk
Any chance of a chart showing your daily LTL?
All systems of divination, like music itself,work through patterns.
  • #273,715
  • Mar 8, 2011 6:17am Mar 8, 2011 6:17am
Quoting hkkhanus
bought @6170
SL @6160
TP 6250
same entry but SL 1.6155
  • #273,716
  • Mar 8, 2011 6:18am Mar 8, 2011 6:18am
while writting down the reply the first target was hit

I am afraid it will continue to go down
imho when the cloud bottom is broken it's like opening the gates to hell...you can only go one way which is down and pretty fast

I also combine my entries with other pairs as per EU and GJ
on EU when all were buying I sold yesterday and I cashed in 100 pips this morning and still more to come

USD seems pretty strong now on most of the pairs

next stop 1.6150-45 as per daily KS

then who knows


but what is for sure and here I can put my head down is that it will continue to grow pass 1.6340
  • #273,717
  • Mar 8, 2011 6:21am Mar 8, 2011 6:21am
not at home so cant post new charts but,
here are some charts i posted yesterday

http://www.forexfactory.com/showthre...02#post4452302

Quoting kaspopsicle
Any chance of a chart showing your daily LTL?
  • #273,718
  • Mar 8, 2011 6:24am Mar 8, 2011 6:24am
moved mine too as it bounced off 6161, too close
goodluck

Quoting navhin
same entry but SL 1.6155
  • #273,719
  • Mar 8, 2011 6:29am Mar 8, 2011 6:29am
wonder if the 61.8 will get some action?

Attached Image
  • #273,720
  • Mar 8, 2011 6:45am Mar 8, 2011 6:45am
there should be a bigger bounce soon.
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