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Cable Update (GBPUSD)

  • #284,181
  • Jul 13, 2011 10:52am Jul 13, 2011 10:52am
but what has happen just now even H4 cannot detect it... its totally base on experience... coz its already happen ....
  • #284,182
  • Jul 13, 2011 10:57am Jul 13, 2011 10:57am
Quoting Johnny Depp
but what has happen just now even H4 cannot detect it... its totally base on experience... coz its already happen ....
The sudden upward movement cought me by surprise
  • #284,183
  • Jul 13, 2011 11:02am Jul 13, 2011 11:02am
Quoting wormboy
That'll teach you not to laugh at others ey? Market sure knows how to give morons a proper humbling.


i must say this week is tricky
Verily, in every difficulties there is relief
  • #284,184
  • Jul 13, 2011 11:08am Jul 13, 2011 11:08am
Quoting solofx1
The sudden upward movement cought me by surprise
if u not sure to take it... just stay on sideline... its better...save money... just let it go... there will be a plenty of chances tomorrow...
  • #284,185
  • Jul 13, 2011 11:14am Jul 13, 2011 11:14am
nice formation on D1 !
  • #284,186
  • Jul 13, 2011 11:17am Jul 13, 2011 11:17am
Quoting Johnny Depp
if u not sure to take it... just stay on sideline... its better...save money... just let it go... there will be a plenty of chances tomorrow...
Great!
  • #284,187
  • Jul 13, 2011 11:20am Jul 13, 2011 11:20am
Quoting wormboy
That'll teach you not to laugh at others ey? Market sure knows how to give morons a proper humbling.
i agree
90% of traders use TA, indicators and prediction
  • #284,188
  • Jul 13, 2011 11:23am Jul 13, 2011 11:23am
guys be careful on shorts...
after a so fast n steep move is not so obvious that price comes down.

90% of traders use TA, indicators and prediction
  • #284,189
  • Jul 13, 2011 11:26am Jul 13, 2011 11:26am
Quoting M@2t
nice formation on D1 !
Also on weekly ...
Attached Image (click to enlarge)
Click to Enlarge Name: gu-weekly.jpg Size: 259 KB
  • #284,190
  • Jul 13, 2011 11:26am Jul 13, 2011 11:26am
Quoting _BBKing_
guys be careful on shorts...
after a so fast n steep move is not so obvious that price comes down.

mostly thinking about the reason why price went from 5940 to 6110...
90% of traders use TA, indicators and prediction
  • #284,191
  • Jul 13, 2011 11:27am Jul 13, 2011 11:27am
What goes UP must come DOWN
  • #284,192
  • Jul 13, 2011 11:28am Jul 13, 2011 11:28am
My chart using Pitchforks
Attached Image (click to enlarge)
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  • #284,193
  • Jul 13, 2011 11:29am Jul 13, 2011 11:29am
WTF...its still going up after I've closed it for a 100 pips... arghhhh... r they going to take it in just 1 night.... I wonder what will happen tomorrow.. no more for Long...?... hahaha... they ( the market maker ) r really going mad... this is way to easy for me...
  • #284,194
  • Jul 13, 2011 11:33am Jul 13, 2011 11:33am
Quoting Johnny Depp
but what has happen just now even H4 cannot detect it... its totally base on experience... coz its already happen ....
I have to admire. Good call. I was long myself but exited way earlier.

What was it that made you so sure that it will go up? What was that turning point or the little thing that you saw made you so confident?
  • #284,195
  • Jul 13, 2011 11:42am Jul 13, 2011 11:42am
Quoting CasperTrader
I have to admire. Good call. I was long myself but exited way earlier.

What was it that made you so sure that it will go up? What was that turning point or the little thing that you saw made you so confident?
well ... not untill they going for a small short during uk news... that is just what I need for a conformation...
  • #284,196
  • Jul 13, 2011 12:31pm Jul 13, 2011 12:31pm
is there any idea for TP ?

will GU possibly touch 15910 ?
  • #284,197
  • Jul 13, 2011 1:07pm Jul 13, 2011 1:07pm
Quoting _BBKing_
guys please an help.
is there some one of you having problems today with orders openings, closings, pending orders and trailing stops?

im with fx pro n today i lost money due to a wrong opening of a pending sell stop, and also since NY opening im unable to open n close positions as fast as usually n price goes wrong of a lot of pips.

what to do with these SHITTY DIRTY brokers?????????
Hi BBKing,

I have live account with FXPRO since April 2010. I did not play manual trade with the broker, but i run EA on the broker. So far so good until 2011, (around end of Jan until Feb) the broker doesn't allow any trade from EA.
I did google around and many have bad comment about the broker saying it delay order and some even call it as bucket shop. However, the common agreement i could see is that everyone is saying FXPRO has fast withdrawal.

After that I still continue to trade with the broker, but i diverse some of the fund to gomarkets. So far I have good experience with it.

one more last thing, FXpro = market maker, GoMarkets=ECN,STP
I think we have to be more careful when dealing with market maker, because when we win = they lose.
  • #284,198
  • Jul 13, 2011 1:08pm Jul 13, 2011 1:08pm
Quoting MaryJane
watch the falling wedge on daily. it's a bullish continuation pattern..
http://www.trending123.com/patterns/falling_wedge.html
ps. pls ignore the sell.. just scalping here stop @be already
congrats to all bulls today
Attached Image (click to enlarge)
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Attached Image
MarginTrader All Time Return: na
  • #284,199
  • Jul 13, 2011 1:20pm Jul 13, 2011 1:20pm
Quoting MaryJane
watch the falling wedge on daily. it's a bullish continuation pattern..
Also nice divergence on daily right at 61.8 retracement level ..
Attached Image (click to enlarge)
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  • #284,200
  • Jul 13, 2011 1:21pm Jul 13, 2011 1:21pm
I was shocked to see the sudden change of upward movement in cable today. I really have no idea how to predict this.
No highly impact news. Is this all really based on experience or purely luck?
Any experience trader, how could we predict this strong bull?
The large trend suppose to be bearish.. zzzz...
I m about to give up
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