Here we see that this similar retrace below the white 36 EMA wasn't
strong enough to reverse the up trend pattern dislayed with this daily.
Dr. D.
strong enough to reverse the up trend pattern dislayed with this daily.
Dr. D.
Attached Image
Cable Update (GBPUSD)
- #273,861
- Edited 12:28pm Mar 10, 2011 12:17pm | Edited 12:28pm
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts
- #273,862
- Mar 10, 2011 1:22pm Mar 10, 2011 1:22pm
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
target 1.64.....
you keep thinkin it is possible from here?
me too im long 6040 stop loss 5940 but target 6140
but looks like that kind of position i will close @0 % after seen it near the stop loss
Buy as much as you can.,don't worry, there is me here......so if it lose, we could laugh together...
(i would not cover your lose..don't hope to much..
)
just wake up...,want to continue my sleep... see you....
I will be the number one Manager.
- #273,863
- Mar 10, 2011 3:01pm Mar 10, 2011 3:01pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
why you always be a 'surprise' guy?? last week when still at 1.63 and i say will wait at 1.604 you also don't believe...
Buy as much as you can.,don't worry, there is me here......so if it lose, we could laugh together...
.
im not surprised, im never surprised
all can happen in forex every day.
the matter is because i had same idea till gbp usd was above 6090.
looking at h4 n daily pattern sounds like will get a ride in 59 area first step maybe tomorrow (...)
we are below sma200 in h4 n also below sma50 daily
next week not so much big events on calendar on gbp
us dollar 'seems to be' at beginning of strenghten
obama also said they will start sellin oil inventories
these and other things let me think on possible waving up near 6150 max 6200 area.
my question is: why you still think possible 64 area? what you see that i am missing? is it only a feeling or based in something?
90% of traders use TA, indicators and prediction
- #273,865
- Mar 10, 2011 4:13pm Mar 10, 2011 4:13pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Dr. D,
What EMA setting do you use?
BR
BTW ..look back through Doc.'s posts
All systems of divination, like music itself,work through patterns.
- #273,867
- Mar 10, 2011 7:48pm Mar 10, 2011 7:48pm
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
what is emas??? with this question u knows that i'm a newbie....
cheers broda
have you ever go to this site before?? http://www.babypips.com/school/
if not, spend a month in there will be good..,
ps: later if you already rich, remember me, i'm the person that give you that way...so to send something by paypal would be appreciated..
good luck..
.
I will be the number one Manager.
- #273,868
- Mar 10, 2011 8:05pm Mar 10, 2011 8:05pm
- Joined Jul 2010 | Status: Princess | 2,149 Posts
what is emas??? with this question u knows that i'm a newbie....
cheers broda
EMAs = Exponential Moving Average s
- #273,870
- Mar 10, 2011 8:38pm Mar 10, 2011 8:38pm
hihihihi....
have you ever go to this site before?? http://www.babypips.com/school/
if not, spend a month in there will be good..,
ps: later if you already rich, remember me, i'm the person that give you that way...so to send something by paypal would be appreciated..
good luck..
.
thx for the site... i'll study. dont be worry, if i became rich i i'll remember of u!!!!
thx again for the site!
by the way, do u know some place that talks about EUR/GBP, i'm not found nowhere, even in forex factory... just old posts!!!!
cheers and regards
- #273,873
- Edited 9:51pm Mar 10, 2011 9:05pm | Edited 9:51pm
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
- #273,874
- Mar 10, 2011 9:14pm Mar 10, 2011 9:14pm
- | Joined Apr 2009 | Status: temporarily correct | 1,757 Posts
- #273,875
- Mar 10, 2011 9:30pm Mar 10, 2011 9:30pm
- | Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts
MACD
Moving Average Convergence Divergence
And here's a great link to understand how it works.
http://www.investopedia.com/terms/m/macd.asp
don't give him the answer or he will ask for more,
"what is convergence divergence",
"how does it work" and bla bla bla never ending question...
let him alone in the corner to read,..
.
I will be the number one Manager.
I'm currently long on the GBP/USD:
Entry: 1.6073
SL: 1.6045
TP: 1.6100, 1.6124
I entered this trade out of boredom and antsy-ness
so I'm not so confident in my "analysis. I'm actually short-term bearish on the pair and see it dropping more, but....
yeah
Entry: 1.6073
SL: 1.6045
TP: 1.6100, 1.6124
I entered this trade out of boredom and antsy-ness
so I'm not so confident in my "analysis. I'm actually short-term bearish on the pair and see it dropping more, but....yeah
don't give him the answer or he will ask for more,
"what is convergence divergence",
"how does it work" and bla bla bla never ending question...
let him alone in the corner to read,..
.
LOL!
I'm good for one
Just tryin' to spread the love, not Muppetitis.
I have a special answer for repeat offenders
No way I'll wreck this... It's a beer truck!
- #273,878
- Mar 10, 2011 10:00pm Mar 10, 2011 10:00pm
- | Joined Apr 2009 | Status: temporarily correct | 1,757 Posts
I entered this trade out of boredom and antsy-ness
yeah
Very bad reason to trade. Always. No trade? Walk away and do something productive.
- #273,880
- Mar 11, 2011 12:39am Mar 11, 2011 12:39am
- Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts