Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#291,041
Oct 23, 2011 3:43pm Oct 23, 2011 3:43pm

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting kaspopsicle

Disliked

how do you define short term? The chart referred to was monthly showing historic PA back to 2009,lol.

Ignored

within a week is short-term to me. If 1.6 hold, we would definitely won't be at 1.65 or anywhere near 1.6 in 1-2 days.

#291,042
Oct 23, 2011 3:47pm Oct 23, 2011 3:47pm

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting egkid

Disliked

I don't know which tf u use to shorting e/u
But my daily and 4h UP

GL

Ignored

I'm using 4h and daily too. Yes I know, atm the PA seems like bullish. However, we nearly at resistance zone which is 3900-4000.. This goes with the aussie and the kiwi too..

#291,043
Oct 23, 2011 4:19pm Oct 23, 2011 4:19pm

kaspopsicle
| Membership Revoked | Joined Mar 2010 | 3,853 Posts

Quoting A-speculator

Disliked

within a week is short-term to me. If 1.6 hold, we would definitely won't be at 1.65 or anywhere near 1.6 in 1-2 days.

Ignored

the majority of guys 10V+ on this thread trade multiple T/F...that means short, medium and long term. They make their trading intentions clear on posting their charts. I trade intraday 'cos that suits my r/r and lifestyle. However, i would never deny the long term strategies extrapolated by my seniors, so long as they come from the same methodology and strategies that i use and understand, those of S/R and S/D...as do Nav and EG..
btw i believe that "short term" traditionally references around 30 days, medium 2-3 months, long term 3 months to years.. Intraday references the cut off point or exit of your trades...i.e. trading from day to day.
G/L

All systems of divination, like music itself,work through patterns.

#291,044
Oct 23, 2011 4:41pm Oct 23, 2011 4:41pm

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting kaspopsicle

Disliked

the majority of guys 10V+ on this thread trade multiple T/F...that means short, medium and long term. They make their trading intentions clear on posting their charts. I trade intraday 'cos that suits my r/r and lifestyle. However, i would never deny the long term strategies extrapolated by my seniors, so long as they come from the same methodology and strategies that i use and understand, those of S/R and S/D...as do Nav and EG..
btw i believe that "short term" traditionally references around 30 days, medium 2-3 months, long term 3 months to...

Ignored

allright then, since i analyze mainly on the 4h & daily, my timeframe for short term is about a week which means 5 candles in daily and 30 in 4h.

#291,045
Oct 23, 2011 5:23pm Oct 23, 2011 5:23pm

kaspopsicle
| Membership Revoked | Joined Mar 2010 | 3,853 Posts

Quoting A-speculator

Disliked

allright then, since i analyze mainly on the 4h & daily, my timeframe for short term is about a week which means 5 candles in daily and 30 in 4h.

Ignored

Oh well...

All systems of divination, like music itself,work through patterns.

#291,046
Oct 23, 2011 6:26pm Oct 23, 2011 6:26pm

gsantri
| Joined Jun 2010 | Status: Trader | 1,429 Posts

Quoting egkid

Disliked

Nice song
http://www.youtube.com/watch?v=locIxsfpgp4

Ignored

I like Sting's songs especially the one called Nothing 'bout me.

He says something like 'check if I paid my income tax...

#291,047
Oct 23, 2011 6:45pm Oct 23, 2011 6:45pm

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

***
stang sting stang sting....darso darso we lah

Quoting gsantri

Disliked

I like Sting's songs especially the one called Nothing 'bout me.

He says something like 'check if I paid my income tax...

Ignored