6379???
@6271
typo
6279!
90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #287,621
- Aug 30, 2011 10:46am Aug 30, 2011 10:46am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
typo
6279!
- #287,623
- Aug 30, 2011 10:50am Aug 30, 2011 10:50am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i use TL also to understand faster when a steep move is ending (or at least taking a coffee)
- #287,624
- Aug 30, 2011 10:52am Aug 30, 2011 10:52am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
where this monthly candle close bro ? it could be below or above july - open. i am waiting for this while watching weekly candle
a closing above opening price would mean a strong and fast recover to 6425
and to be a bullish one would mean at least 6440/60 imo
6285-6425 is 140 pips
welll.... also 6285-6140 is 140 pips
ok time will tell
90% of traders use TA, indicators and prediction
- #287,625
- Aug 30, 2011 10:55am Aug 30, 2011 10:55am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
yes both possible.
a closing above opening price would mean a strong and fast recover to 6425
and to be a bullish one would mean at least 6440/60 imo
6285-6425 is 140 pips
welll.... also 6285-6140 is 140 pips
ok time will tell
140 pis up is possible..thats also how i been looking at it..lets see what the mofo gonna do
- #287,626
- Aug 30, 2011 10:56am Aug 30, 2011 10:56am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Inserted Video
ok guys i take a brake.
need a coffee
90% of traders use TA, indicators and prediction
- #287,629
- Aug 30, 2011 11:02am Aug 30, 2011 11:02am
yes both possible.
a closing above opening price would mean a strong and fast recover to 6425
and to be a bullish one would mean at least 6440/60 imo
6285-6425 is 140 pips
welll.... also 6285-6140 is 140 pips
ok time will tell
But, it seems like its starting to lean towards bull
Time will tell.
- #287,630
- Aug 30, 2011 11:06am Aug 30, 2011 11:06am
- | Membership Revoked | Joined Aug 2007 | 1,069 Posts
i hope you got nice pips,
i was away from forex for some time now i am back and still saw u here, glad to know you are here,
Wish you green pips,
Don't compare your Trades with Others
- #287,631
- Aug 30, 2011 11:08am Aug 30, 2011 11:08am
TP 6284 ( +13 )
but the position which U entry could be the bottom for the more long run, mean more pips.. but it is also possible that it will be run in opposite direction, mean red pips
..Its depend in which TF that U are trading 
- #287,633
- Aug 30, 2011 11:16am Aug 30, 2011 11:16am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Hi Naveen How are you doing,
i hope you got nice pips,
i was away from forex for some time now i am back and still saw u here, glad to know you are here,
Wish you green pips,
thx bro u too
- #287,634
- Aug 30, 2011 11:17am Aug 30, 2011 11:17am
Let see in the chart.. which the line @1.6250 act as the strong Support line, the price fail to break this Support for more then 15 days if we calculate the number of the daily candle stick that failed to break this lines.. But for today who Know
- #287,637
- Aug 30, 2011 11:27am Aug 30, 2011 11:27am
- | Membership Revoked | Joined Aug 2007 | 1,069 Posts
Who is still in this GU Trade? I'm targeting Fib 0.0
see my trades here
this 2 months since i started trading again,
and this weeks 2 days profit,
see the image its from Zulutrade so no cheating,,
2 months 3370pips
any comments will be appreciated
Today's.Trades.
and Monthly Pips.
see this i trade a lot of pairs which ever pair i get opportunity i take it..
that is my trading style not trading just one pair.
any comments will be apprecieated,
i still remember i traded and loose money because of emotions and greedy i was,
now its gone and see what i am going,
i hope i am doing fine..
Don't compare your Trades with Others
- #287,638
- Aug 30, 2011 11:57am Aug 30, 2011 11:57am
i am in in GU and GBPCHF
see my trades here
this 2 months since i started trading again,
and this weeks 2 days profit,
see the image its from Zulutrade so no cheating,,
2 months 3370pips
any comments will be appreciated
Today's.Trades.
and Monthly Pips.
see this i trade a lot of pairs which ever pair i get opportunity i take it..
that is my trading style not trading just one pair.
any comments will be apprecieated,
i still remember i traded and loose money because of emotions and greedy i was,
now its gone and see what i am going,
i hope...
Let share Ur Knowledge here together for our good together
- #287,639
- Aug 30, 2011 12:03pm Aug 30, 2011 12:03pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
sorry, just to add: the first is a 1H, the second a 5Minutes.
When I say spike and drop means that the spike is of course huge volume (big hands in to it) and a thumb rule to understand if it was buying or selling force is to see whether the price passed one extreme or the other of the candle.
I am just seeking for points of view on this? any idea??
very interesting chart!
i never check volumes for 2 reasons:
1- we cant know (as big dogs do) if the volume increasing is in long or short, and mostly from who n where it comes from (...)
2- volume indicators on mt4 charts are not good imho
anyway, with or without it, picking a position on a strong area is a matter of feeling. if i feel it.. i go! if not... i wait a breake and a consolidation thing...
just my 2cents
90% of traders use TA, indicators and prediction
- #287,640
- Aug 30, 2011 12:04pm Aug 30, 2011 12:04pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
i am in in GU and GBPCHF
see my trades here
this 2 months since i started trading again,
and this weeks 2 days profit,
see the image its from Zulutrade so no cheating,,
2 months 3370pips
any comments will be appreciated
Today's.Trades.
and Monthly Pips.
see this i trade a lot of pairs which ever pair i get opportunity i take it..
that is my trading style not trading just one pair.
any comments will be apprecieated,
i still remember i traded and loose money because of emotions and greedy i was,
now its gone and see what i am going,
i hope...
very impressive
