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Cable Update (GBPUSD)

  • #290,801
  • Oct 18, 2011 12:45pm Oct 18, 2011 12:45pm
yesterday sentiment was risk off. That has reversed now for today. Wednesday is triple swap and is usually bullish for carry trades.
  • #290,802
  • Oct 18, 2011 1:30pm Oct 18, 2011 1:30pm
http://www.fxcotlounge.com
  • #290,803
  • Oct 18, 2011 3:40pm Oct 18, 2011 3:40pm
Quoting iqyu5an
let see how daily candle close first ( my imho )

mine
today closed give su good hint i will be selling at any rallies,
its time for the $ to be Strong and GBP will be weak..

entered 1.5750and stop at break even if stop hits at 00
i will sell at 1.5800-20 level and 1.5700
i will sell at any and will enter again at 1.5630 target 1.5550,
second target will be 1.5420.

Good Luck Guys..
Don't compare your Trades with Others
  • #290,804
  • Oct 18, 2011 4:20pm Oct 18, 2011 4:20pm
Quoting A-speculator
what day got to do with trading, mate? are you one of the Gann's subordinates? Analyzing from the astrological factors?
brother MACD is the Oldest indicator in forex market,
it took me 3 years to learn and read MACD brother,
so my charts on daily showed that up move was just fake macd didnt moved and its omplicated bro si get day some times i get hours means after two 4H candle i will sell means 3rd candle i will sell what ever the price is like that..

well yesterday i choosed gbpcad instead of GBPUSD because i use a bit high leverage,
Don't compare your Trades with Others
  • #290,805
  • Oct 18, 2011 4:25pm Oct 18, 2011 4:25pm
yea mate...

already close my long at 573x ( 50 pip ) and 577x ( 100 pip ) last night ( my time ) .

yesterday i trade both direcetion..gave me 303 pip total

flat now and looking for setup.

Quoting DubaiFX
today closed give su good hint i will be selling at any rallies,
its time for the $ to be Strong and GBP will be weak..

entered 1.5750and stop at break even if stop hits at 00
i will sell at 1.5800-20 level and 1.5700
i will sell at any and will enter again at 1.5630 target 1.5550,
second target will be 1.5420.

Good Luck Guys..
not euphoria follower
  • #290,806
  • Oct 18, 2011 4:25pm Oct 18, 2011 4:25pm
Quoting DubaiFX
brother MACD is the Oldest indicator in forex market,
Not to be all prickish here...

But just saying that the MACD is the oldest indicator is a contradiction in terms. Given the fact that the MACD is a measure of space between 2 moving averages, it is kinda putting the egg before the chicken...

If there were no moving averages, no MACD.

If there were no chicken, there'd be no eggs.

Just my dos centavos...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #290,807
  • Oct 18, 2011 4:44pm Oct 18, 2011 4:44pm
Quoting DubaiFX
brother MACD is the Oldest indicator in forex market,
it took me 3 years to learn and read MACD brother,
so my charts on daily showed that up move was just fake macd didnt moved and its omplicated bro si get day some times i get hours means after two 4H candle i will sell means 3rd candle i will sell what ever the price is like that..

well yesterday i choosed gbpcad instead of GBPUSD because i use a bit high leverage,
You know what, your post is what we say "poyo" here. I don't know what it means in English, perhaps it means "very technical"...
  • #290,808
  • Oct 18, 2011 6:40pm Oct 18, 2011 6:40pm
Quoting A-speculator
Interesting analysis method mate, nanti aku try tgk cara ko suit x ngan method aku..

Anyway, thanks mate.
Hello, I just wonder why you speak malay to him .. is he from malaysia too?
am I missed something here ..
  • #290,809
  • Oct 18, 2011 7:29pm Oct 18, 2011 7:29pm
Quoting gsantri
Hello, I just wonder why you speak malay to him .. is he from malaysia too?
am I missed something here ..
hahahaa.. tak la... dia poyo sgt...

dr m'sia ke?
  • #290,810
  • Oct 18, 2011 7:36pm Oct 18, 2011 7:36pm
Alright, not sure if cable will retest back to 5775, seems like the most it can get is 5730.

By the way, my limit on eurgbp just got hit at 8760, sl is at high of the daily fractal. entered because of consolidation area in daily and high of the 4h doji/consolidation area and low of the shooting star in 4h
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: chart 2.gif Size: 31 KB
  • #290,811
  • Oct 18, 2011 7:45pm Oct 18, 2011 7:45pm
at the moment, cable seems fail to close below the 4h shooting star.. not sure if it will drop..

I think I will long cable, now waiting for better price..
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 29 KB
  • #290,812
  • Oct 18, 2011 9:05pm Oct 18, 2011 9:05pm
Quoting A-speculator
at the moment, cable seems fail to close below the 4h shooting star.. not sure if it will drop..

I think I will long cable, now waiting for better price..


I'm from negeri jiran
  • #290,813
  • Oct 18, 2011 10:30pm Oct 18, 2011 10:30pm
good morning (or good night) i noticed 2 things:

yesterday's low 5636 touched from the back an h4 line downward + a daily one. this could have been a re-test before new move up to print new highs.

reading previous post i notice there have been some agreement between france n uk... london was closed, so maybe at opening we could see good move up.

resistance area shall be near 5770 again. if broken out today, we could see a strong move to 59!
attached is h4 chart zoom in and zoom out
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 105 KB
Click to Enlarge Name: gu2.jpg Size: 116 KB
90% of traders use TA, indicators and prediction
  • #290,814
  • Oct 18, 2011 10:50pm Oct 18, 2011 10:50pm
Quoting _BBKing_
good morning (or good night) i noticed 2 things:

yesterday's low 5636 touched from the back an h4 line downward + a daily one. this could have been a re-test before new move up to print new highs.

reading previous post i notice there have been some agreement between france n uk... london was closed, so maybe at opening we could see good move up.

resistance area shall be near 5770 again. if broken out today, we could see a strong move to 59!
attached is h4 chart zoom in and zoom out
  • #290,815
  • Oct 18, 2011 11:10pm Oct 18, 2011 11:10pm
once we could break 5774 ... the next Resistant is around low of q2
not euphoria follower
  • #290,816
  • Oct 18, 2011 11:12pm Oct 18, 2011 11:12pm
Quoting iqyu5an
once we could break 5774 ... the next Resistant is around low of q2
this would pay my 3 longs and my waking up at 5 in the morning.
uh....

now they are 2 longs
90% of traders use TA, indicators and prediction
  • #290,817
  • Oct 18, 2011 11:15pm Oct 18, 2011 11:15pm


but remember it's based on quarter candle....means no straight line.

pip here and there as your habit is the best , maybe bro

Quoting _BBKing_
this would pay my 3 longs and my waking up at 5 in the morning.
uh....

now they are 2 longs
not euphoria follower
  • #290,818
  • Oct 18, 2011 11:18pm Oct 18, 2011 11:18pm
Quoting iqyu5an


but remember it's based on quarter candle....means no straight line.

pip here and there as your habit is the best , maybe bro
yes, indeed i manually closed another.
only let one to run with stop +1

lets see if london opening help me
from here can go 5780 5800 or crash near 57 again...
90% of traders use TA, indicators and prediction
  • #290,819
  • Oct 18, 2011 11:30pm Oct 18, 2011 11:30pm
i closed whole longs.
i now wait.
90% of traders use TA, indicators and prediction
  • #290,820
  • Oct 18, 2011 11:32pm Oct 18, 2011 11:32pm


let see what's going on at and after L/O


Quoting _BBKing_
yes, indeed i manually closed another.
only let one to run with stop +1

lets see if london opening help me
from here can go 5780 5800 or crash near 57 again...
Attached Image (click to enlarge)
Click to Enlarge Name: pvjj68gif.gif Size: 25 KB
not euphoria follower
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