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Cable Update (GBPUSD)

  • #292,221
  • Nov 10, 2011 5:53am Nov 10, 2011 5:53am
data T-6

(give it a big build up and it's sure to disappoint re market movement reaction Lol !)
ex member
  • #292,222
  • Nov 10, 2011 5:55am Nov 10, 2011 5:55am
Sell below 1,5900 with target 1,4400...
  • #292,223
  • Nov 10, 2011 5:58am Nov 10, 2011 5:58am
Uk data T-1min (ish)

G/L
ex member
  • #292,224
  • Nov 10, 2011 6:17am Nov 10, 2011 6:17am
Quoting bbmac
amazing isn't it - you ask some one to post a chart showing their otherwise meaninglesss analysis and they feck off - Lol !

G/L
Im not sure if this is what he meant. But the weekly S1 Pivot point is at 1.5874
  • #292,225
  • Nov 10, 2011 6:20am Nov 10, 2011 6:20am
Thanks, it may have been, not sure either - it read like he was referring to trend lines ? anyways, thanks for that.

G/L

Quoting jeremyyn
Im not sure if this is what he meant. But the weekly S1 Pivot point is at 1.5874
ex member
  • #292,226
  • Nov 10, 2011 6:21am Nov 10, 2011 6:21am
in fxlive.com they say price bounced to 5945.

i see price now max 5938.
90% of traders use TA, indicators and prediction
  • #292,227
  • Nov 10, 2011 6:29am Nov 10, 2011 6:29am
[quote=Sutts;5120649]Do you mind me asking what MACD settings you use Younas? Mine don't seem to be going negative. Thanks[/QUOTE

ITS NOT WHAT THE LINES OF MACD YOU SEE UP OR DOWN,
SEE THE NUMBER ON YOUR LEFT SIDE OF MACD,
and you have to write them down every candle close and see when price moved how much macd moved with the MACD numbers,
second thing if u r trading 15m chart then look every 15min candle close and monitor,
its lot difficult but it works for me,
yesterday i told guys not to buy in the morning
1.6105 i warned FF guys,
anyways took my profits,

and today also same GBPAUD + 100 running and half closed at +70

Yunas.
Don't compare your Trades with Others
  • #292,228
  • Nov 10, 2011 6:32am Nov 10, 2011 6:32am
Quoting _BBKing_
in fxlive.com they say price bounced to 5945.

i see price now max 5938.
brother new time like this INTEREST rate decision, spreads are different from broker to broker.
now always same, but always different ..

Younas.
Don't compare your Trades with Others
  • #292,229
  • Nov 10, 2011 6:35am Nov 10, 2011 6:35am
Quoting DubaiFX
brother new time like this INTEREST rate decision, spreads are different from broker to broker.
now always same, but always different ..

Younas.
yes, was just asking since sometimes in different brokers we see different price.
main reason is that 5945 is trigger of my trailing stop
90% of traders use TA, indicators and prediction
  • #292,230
  • Edited 6:47am Nov 10, 2011 6:37am | Edited 6:47am
pre data dip down below 5min channel and a strong immediate post data move up to top of that 5min channel in that prev 1hr sw hi zone...big master bullish engulfing thrust close on 1200 1min data candle, and 3/5min went on to close as master bullish engulfing candles engulfing the last several candle bodies too on their own t/f's.....

upside follow thru then now to prev 1hr/4hr sw lo zone (non-immed) and fibs of moves to 5889.

outa here for session/day

G/L
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: z1.jpg Size: 95 KB
ex member
  • #292,231
  • Nov 10, 2011 6:38am Nov 10, 2011 6:38am
[quote=DubaiFX;5121036]
Quoting Sutts
Do you mind me asking what MACD settings you use Younas? Mine don't seem to be going negative. Thanks[/QUOTE

ITS NOT WHAT THE LINES OF MACD YOU SEE UP OR DOWN,
SEE THE NUMBER ON YOUR LEFT SIDE OF MACD,
and you have to write them down every candle close and see when price moved how much macd moved with the MACD numbers,
second thing if u r trading 15m chart then look every 15min candle close and monitor,
its lot difficult but it works for me,
yesterday i told guys not to buy in the morning
1.6105 i warned FF guys,
anyways...
there is surely soemthing around the web which canprint them automatically in charts.
i mean in mt4 charts.
if does not exist, there is surely someone able to do that

search in forextsd.com
you could use an mt4 simply for that indi and trading in other!
90% of traders use TA, indicators and prediction
  • #292,232
  • Nov 10, 2011 6:40am Nov 10, 2011 6:40am
[quote=DubaiFX;5121036]
Quoting Sutts
Do you mind me asking what MACD settings you use Younas? Mine don't seem to be going negative. Thanks[/QUOTE

ITS NOT WHAT THE LINES OF MACD YOU SEE UP OR DOWN,
SEE THE NUMBER ON YOUR LEFT SIDE OF MACD,
and you have to write them down every candle close and see when price moved how much macd moved with the MACD numbers,
second thing if u r trading 15m chart then look every 15min candle close and monitor,
its lot difficult but it works for me,
yesterday i told guys not to buy in the morning
1.6105 i warned FF guys,
anyways...

Thanks for this Younas, great help. I've been watching your trades for a while and I am impressed. You catch the big runs while I'm always picking up chicken feed.

I guess MACD divergence plays a big part in your decisions. What timeframes do you use for setup and entry please?

Cheers
  • #292,233
  • Nov 10, 2011 6:42am Nov 10, 2011 6:42am
yesterday i noticed an interesting argue about diamond patterns.
m30 chart shows nice one
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 43 KB
90% of traders use TA, indicators and prediction
  • #292,234
  • Nov 10, 2011 6:43am Nov 10, 2011 6:43am
[quote=Sutts;5121087]
Quoting DubaiFX


Thanks for this Younas, great help. I've been watching your trades for a while and I am impressed. You catch the big runs while I'm always picking up chicken feed.

I guess MACD divergence plays a big part in your decisions. What timeframes do you use for setup and entry please?

Cheers
He talks the talk but take a look at his GBP/AUD short the other day, was at over 200 under water. That didn't get mentioned, though. We don't like to talk about the failures do we?
Gone to a better place
  • #292,235
  • Nov 10, 2011 7:01am Nov 10, 2011 7:01am
sold @ 1.59638


tg subjective, will monitor PA


manual stop, wont give it much
  • #292,236
  • Nov 10, 2011 7:34am Nov 10, 2011 7:34am
Quoting redsword11
sold @ 1.59638


tg subjective, will monitor PA


manual stop, wont give it much

damn, added @ 1.59820
  • #292,237
  • Nov 10, 2011 7:50am Nov 10, 2011 7:50am
Good day to you, RedSword11

Nice trading....all round.

Smikester - good to "see" you still chipping away. So as to all the "regulars" still battling the odds.

Silently watching you all... ( I'm one of the invisibles).

Keep on walking

Regards
  • #292,238
  • Nov 10, 2011 7:53am Nov 10, 2011 7:53am
Quoting TauTrader
Good day to you, RedSword11

Nice trading....all round.

Smikester - good to "see" you still chipping away. So as to all the "regulars" still battling the odds.

Silently watching you all... ( I'm one of the invisibles).

Keep on walking

Regards
good day to you mr. tautrader!
happy to see you around here!
90% of traders use TA, indicators and prediction
  • #292,239
  • Nov 10, 2011 8:21am Nov 10, 2011 8:21am
Quoting redsword11
damn, added @ 1.59820

im in 5973 heavy tgt 5945
90% of traders use TA, indicators and prediction
  • #292,240
  • Nov 10, 2011 8:21am Nov 10, 2011 8:21am
Quoting _BBKing_

im in 5973 heavy tgt 5945

pfffff
targeted while wirting!
90% of traders use TA, indicators and prediction
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