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Cable Update (GBPUSD)

  • #298,981
  • Jan 23, 2012 3:30pm Jan 23, 2012 3:30pm
Quoting _BBKing_
gosh you long since 1500?
me just "a scalp" targeting 1700 exactly 1698,90
since its a scalp will close it in few minutes if no reaction up. it stoped here 677. will reload at reopening if opens out of that line would be great thing!
and yes, a lot of reasons imo to see gold more up, just "simply" need to breake out now!
lets see
I trade of the higher timeframes BB. I enter on the lower timeframes and when the trade moves in the right direction, I use the higher timeframes to manage the trade. Sometimes it might take a couple of attempts but I don't lose money in doing so. I have already scaled out on this trade and this is my last runner with a trailing stop.

Even if you only just get a couple of BIG ones each year, it does wonders to your account balance! The key is to be patient and trust the higher timeframes because they generally are a lot more reliable than the lower timeframes!
  • #298,982
  • Jan 23, 2012 3:36pm Jan 23, 2012 3:36pm
Quoting bbakker
I trade of the higher timeframes BB. I enter on the lower timeframes and when the trade moves in the right direction, I use the higher timeframes to manage the trade. Sometimes it might take a couple of attempts but I don't lose money in doing so. I have already scaled out on this trade and this is my last runner with a trailing stop.

Even if you only just get a couple of BIG ones each year, it does wonders to your account balance! The key is to be patient and trust the higher timeframes because they generally are a lot more reliable than the...
yse i agree!
recently (1-2 months) im working to find more swings than scalps.
its really interesting to see that in 1 week simply looking at h1 chart one can get "easy" 1-2 trades on a pair for at least 80-90pips.
with only 2 pairs (for exampl GU+EU) 300-400 pips x weeks should be a good number.
then is a matter of money money management and nerves!
trading h4 and daily looks far from me actually but i will work on that once the h1 gives me enough confidence
90% of traders use TA, indicators and prediction
  • #298,983
  • Jan 23, 2012 3:43pm Jan 23, 2012 3:43pm
Hi bbaker,

This may sound a little behind the times, but what is your avatar - I'm not of the iphone clan, but understand you can scan such images as that presented in your avatar, and so was hoping to be given an explanation of what it is. Basically, what it is called so that I can google and learn.

And hey, any of you younger ones, quit with the smirks...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,984
  • Jan 23, 2012 3:46pm Jan 23, 2012 3:46pm
Quoting 45Condor
Hi bbaker,

This may sound a little behind the times, but what is your avatar - I'm not of the iphone clan, but understand you can scan such images as that presented in your avatar, and so was hoping to be given an explanation of what it is. Basically, what it is called so that I can google and learn.

And hey, any of you younger ones, quit with the smirks...
dont worry.
im not really young (ok 33)
but i also dont know how that thing palys out!
90% of traders use TA, indicators and prediction
  • #298,985
  • Jan 23, 2012 3:53pm Jan 23, 2012 3:53pm
...once tried an ipad in a lounge in Schiphol. Managed to freeze the damn thing and all I did was touch the screen. Never been on one since. Much prefer a laptop, and a blackberry with keypad - always had trouble with texting.

And no, the eyesight is fine... well, I am holding the paper a little further away these days in order to be able to focus on the print, but will only consider glasses when my arms are fully outstretched, so a few years left yet.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,986
  • Jan 23, 2012 3:55pm Jan 23, 2012 3:55pm
about med term swings im trying to hold this one but im really thinking to close if i see 5620-40.
plan is to drink 0,5 - 1lt of camomile if price goes near 1.5500 and add another position there to target 57 area meaning a breake of daily TL.
a lot of things.
lets see
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
90% of traders use TA, indicators and prediction
  • #298,987
  • Jan 23, 2012 3:59pm Jan 23, 2012 3:59pm
Quoting 45Condor
Hi bbaker,

This may sound a little behind the times, but what is your avatar - I'm not of the iphone clan, but understand you can scan such images as that presented in your avatar, and so was hoping to be given an explanation of what it is. Basically, what it is called so that I can google and learn.

And hey, any of you younger ones, quit with the smirks...
It is a Quick Response (QR) code. Rather than explaining it myself, Wiki does a good job of it - http://en.wikipedia.org/wiki/QR_code

There are many free QR Code generators out there to generate your own QR code. Mine links to my Facebook profile.

Have fun!
  • #298,988
  • Jan 23, 2012 4:02pm Jan 23, 2012 4:02pm
Thanks bbakker.

Hmm, Facebook... another facet of contemporary life that I have yet to indulge in. Dear me, I'm making myself sound like I'm 60!
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,989
  • Jan 23, 2012 4:05pm Jan 23, 2012 4:05pm
Quoting 45Condor
Hi bbaker,

This may sound a little behind the times, but what is your avatar - I'm not of the iphone clan, but understand you can scan such images as that presented in your avatar, and so was hoping to be given an explanation of what it is. Basically, what it is called so that I can google and learn.

And hey, any of you younger ones, quit with the smirks...
Is an older one allowed to smirk? I've seen it used as an avatar or logo of a music channel . Something to do with dance i'd have thought.
How are the horses Condor?

I've closed all positions ...need a good nights sleep. Nite nite. G/L.
All systems of divination, like music itself,work through patterns.
  • #298,990
  • Jan 23, 2012 4:10pm Jan 23, 2012 4:10pm
Quoting 45Condor
Thanks bbakker.

Hmm, Facebook... another facet of contemporary life that I have yet to indulge in. Dear me, I'm making myself sound like I'm 60!
lol

I am not a big user of Facebook as I don't like the idea of Suckerberg tracking all my personal data so that he can target ads at me, or even worse, I endorse products in ads to my friends just because I click on 'like' on the Marmite facebook page as an example. Some people use it to the extent that they can literally track when and where they have been through geo-location and photos they have uploaded... scary shit! 1984 anyone?

I mainly use FB to stalk my family and friends!

I am glad the EU are looking at the 'right to be forgotten'.

http://www.bbc.co.uk/news/technology-16677370
  • #298,991
  • Jan 23, 2012 4:11pm Jan 23, 2012 4:11pm
Hello kaspopsicle.

Ah, you have obviously read some of my muses in the past. The horses are fine... and due to cost more this year as the wife makes plans to add to the stock. Pff, I'll never be able to save enough to buy that Aston.

Anyway, here is my QR - online thingy that allowed me to submit 45 Condor.
Attached Image
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,992
  • Jan 23, 2012 4:15pm Jan 23, 2012 4:15pm
I would fully endorse this. There is far too much interference by big business and State into the affairs of the individual.

Orwell saw the future, Chomsky et al currently explain it.

Me; looking at one of those cave homes in Australia... surely I'll be left alone there, right?

Quoting bbakker
lol

I am not a big user of Facebook as I don't like the idea of Suckerberg tracking all my personal data so that he can target ads at me, or even worse, I endorse products in ads to my friends just because I click on 'like' on the Marmite facebook page as an example. Some people use it to the extent that they can literally track when and where they have been through geo-location and photos they have uploaded... scary shit! 1984 anyone?

I am glad the EU are looking at the 'right to be forgotten'.

http://www.bbc.co.uk/news/technology-16677370...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,993
  • Jan 23, 2012 4:18pm Jan 23, 2012 4:18pm
Quoting 45Condor
Hello kaspopsicle.

Ah, you have obviously read some of my muses in the past. The horses are fine... and due to cost more this year as the wife makes plans to add to the stock. Pff, I'll never be able to save enough to buy that Aston.

Anyway, here is my QR - online thingy that allowed me to submit 45 Condor.
The QR Code worked!

I am a horse widow too... I go to the golf club instead to find my tranquility!
  • #298,994
  • Jan 23, 2012 4:24pm Jan 23, 2012 4:24pm
Oh well, we seem to be in no mans land. We have pierced my TL but have the Doji I was hoping for. PA no where near convincing enough for me to short. I almost never do this, but assuming we don't get a significant retrace I will likely be buying the break of the daily high, shooting for 57. Comments/criticism welcome. Just don't call me a dog
Come with me if you want to live....
  • #298,995
  • Jan 23, 2012 4:30pm Jan 23, 2012 4:30pm
What can I say... I'm obviously down with the kids...

Golf club - no such luck for me. To be honest, enjoy horse riding too, so don't put up much of a fight.

Quoting bbakker
The QR Code worked!

I am a horse widow too... I go to the golf club instead to find my tranquility!
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,996
  • Jan 23, 2012 4:34pm Jan 23, 2012 4:34pm
Right, off for breakfast.

And did your QR (http://www.patrick-wied.at/static/qrgen/), and got the url.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #298,997
  • Jan 23, 2012 5:04pm Jan 23, 2012 5:04pm
With everything factored in, I think the 4hr 200ema support could be tough to break from this level considering recent bullish PA.
Come with me if you want to live....
  • #298,998
  • Jan 23, 2012 9:32pm Jan 23, 2012 9:32pm
Daily Pivots: (S1) 1.5491; (P) 1.5534; (R1) 1.5617
very nice, good price..!
  • #298,999
  • Jan 23, 2012 9:33pm Jan 23, 2012 9:33pm
GBP/USD's rebound from 1.5234 short term bottom is still in progress and further rise might be seen towards 1.5773 resistance
very nice, good price..!
  • #299,000
  • Jan 23, 2012 9:34pm Jan 23, 2012 9:34pm
Still kinda favour the long at 2nd break of upper TL/price 0f 5580
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade17.gif Size: 17 KB
Come with me if you want to live....
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