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Cable Update (GBPUSD)

  • #278,621
  • May 8, 2011 5:31pm May 8, 2011 5:31pm
waiting also m30 chart if we breake up above sma50 (red), to try the breake of blue trendline downward.
then last confirmation if more up will be the touch n cross between sma50 n 200(white)


actually my position is small because im not sure we go up.
if price comes to my plan will add in buy
if not maybe will try again near 6300

lets see if works out
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm30.gif Size: 19 KB
90% of traders use TA, indicators and prediction
  • #278,622
  • May 8, 2011 5:40pm May 8, 2011 5:40pm
out -3, would have been better to close +9...
overall +10 since opening

now waiting other confirmation
or to fall in sleep
90% of traders use TA, indicators and prediction
  • #278,623
  • May 8, 2011 6:12pm May 8, 2011 6:12pm
Quoting _BBKing_
out -3, would have been better to close +9...
overall +10 since opening

now waiting other confirmation
or to fall in sleep
Dont BUY King.....!!! last confirmation are done....
A bit Retrace Up Only happen and late monday nite
  • #278,624
  • May 8, 2011 6:19pm May 8, 2011 6:19pm
I see no Change and probably Bears will come....
Limit My Sold Between 6444-6497 for the week...
Attached Image (click to enlarge)
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  • #278,625
  • May 8, 2011 9:12pm May 8, 2011 9:12pm
Bearish to 16200 ?

if it is so , This month will be Bearish month. Since Greece is having huge debt problem there and demand for interest rate cut
Attached Image (click to enlarge)
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  • #278,626
  • May 9, 2011 1:30am May 9, 2011 1:30am
Good day, mates... It's currently ranging in favour of LONG, we need London session before confirming SHORT or LONG, now we also see price rejection for SHORT around 1.6380. If 1.6380 breaks we will probably see .6200 today. Now I'm looking for SHORT opportunity...
  • #278,627
  • May 9, 2011 1:45am May 9, 2011 1:45am
halifax in 15 minutes
picked scalp @6371 after m1 macd went oversold.
SL now is @BE
i move TGT @6430

if we get higher data, we breake up
lets see
90% of traders use TA, indicators and prediction
  • #278,628
  • May 9, 2011 1:47am May 9, 2011 1:47am
Quoting _BBKing_
halifax in 15 minutes
picked scalp @6371 after m1 macd went oversold.
SL now is @BE
i move TGT @6430

if we get higher data, we breake up
lets see


...banked half position +12pips
90% of traders use TA, indicators and prediction
  • #278,629
  • May 9, 2011 1:48am May 9, 2011 1:48am
Quoting _BBKing_
...banked half position +12pips

out @BE


4pips spread is fukk tooo much
90% of traders use TA, indicators and prediction
  • #278,630
  • May 9, 2011 1:50am May 9, 2011 1:50am
Quoting 0rPhioZ
Good day, mates... It's currently ranging in favour of LONG, .
Just wondering why you see that?
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  • #278,631
  • May 9, 2011 1:55am May 9, 2011 1:55am
Quoting chazzle
Just wondering why you see that?
I see it in shorter time frame (which means it's currently LONG or attempt to go LONG), so it may not reflect the actual condition. To avoid confusion I already post that I am looking for SHORT. My system tries to find the dynamic of market condition, the price flow. That's probably the reason why my opinions is vague if I may say...
  • #278,632
  • May 9, 2011 2:03am May 9, 2011 2:03am
Quoting 0rPhioZ
I see it in shorter time frame (which means it's currently LONG or attempt to go LONG),
Are you looking at something like this?
Attached Image (click to enlarge)
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  • #278,633
  • May 9, 2011 2:05am May 9, 2011 2:05am
ok now im sure.
i must leave avafx.
any idea on best spread n faster execution broker?
alpari?
90% of traders use TA, indicators and prediction
  • #278,634
  • May 9, 2011 2:06am May 9, 2011 2:06am
Quoting _BBKing_
...banked half position +12pips
Lower actual HPI report, but... nothing happened yet...
I though it's going up again...
  • #278,635
  • May 9, 2011 2:17am May 9, 2011 2:17am
Quoting chazzle
Are you looking at something like this?
Yes, I was looking at that. It made attempts to go up several times with success, now that you mention it I forgot to add that other time frames printed out flat indicating SHORT. Thanks for reminding me.
  • #278,636
  • May 9, 2011 2:31am May 9, 2011 2:31am
ok closed in the range for the moment
bulls want above blue line n 23% fibofan
bears want below 6360

possible HS in h1
anyway price supported by sma200 n ema200 h4

i call me out will come when something will be a bit clear
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.gif Size: 28 KB
90% of traders use TA, indicators and prediction
  • #278,637
  • May 9, 2011 2:33am May 9, 2011 2:33am
Short 6375, tp 6280, sl 6425 .
  • #278,638
  • May 9, 2011 3:54am May 9, 2011 3:54am
Quoting _BBKing_
ok closed in the range for the moment
bulls want above blue line n 23% fibofan
bears want below 6360

possible HS in h1
anyway price supported by sma200 n ema200 h4

i call me out will come when something will be a bit clear
it's been almost a day and the Bull can't win the fight. I'm gonna SHORT for now. The Bear is too strong for the Bull This Week.
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  • #278,639
  • May 9, 2011 4:00am May 9, 2011 4:00am
Quoting _BBKing_
ok now im sure.
i must leave avafx.
any idea on best spread n faster execution broker?
alpari?
alpari,oanda,dukascopy (!!!!),activtrades
Hero calls followed by margin calls...
  • #278,640
  • May 9, 2011 4:13am May 9, 2011 4:13am
Anyone mind sharing ? Is it just me or do you also think that today is quite different from last Monday during NFP week? The movements are quite obvious for analysis. I ask this because I'm still evaluating my trading style. It works fine last month but I totally bit the dust during last NFP week.
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