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Cable Update (GBPUSD)

  • #301,161
  • Feb 22, 2012 10:17am Feb 22, 2012 10:17am
Quoting tomplank
Hello Albert,

I saw many BUY/SELL announcements of you and the most were correct.
Can you tell me which indicators you are using?

Thank you!
In Russia, we call it a "technical analysis". The Americans call it the "Price Action".
The behavior of prices depends on people's decisions. At the same time using different rumors.
Now sell USD/JPY
  • #301,162
  • Edited 11:02am Feb 22, 2012 10:38am | Edited 11:02am
When do u guys think will the pair be moving up again crossing 1.57...i am asking cuz i am new to this and i m currently sitting [email protected]
  • #301,163
  • Feb 22, 2012 10:55am Feb 22, 2012 10:55am
Quoting Tsar
Of course ...

And I will not be doing a SHORT Trade, might be just the Scalping (only if interested)
I'm never touch LONG Trade again, Bro.
Really so all is bad?
LONG, SHORT & SCALPING - this is our weapon to win our PIPS
  • #301,164
  • Edited 11:10am Feb 22, 2012 10:57am | Edited 11:10am
I'm out for TRADE, Sideway...

If anyone interest, my advice is wait Broke Price 1.5685 first to BUY.
Start Price 1.5658 is Oversold, I'm not Recommend to SELL for today
(Exception Breakout 1.5640 as Support)

It's Late Now. Time to Sleep...

Good Luck
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-02-23_Cable H1_SIDEWAY.jpg Size: 339 KB
Always looking the GREAT, never left GOOD Point...
  • #301,165
  • Feb 22, 2012 11:07am Feb 22, 2012 11:07am
Quoting AlbertR
In Russia, we call it a "technical analysis". The Americans call it the "Price Action".
The behavior of prices depends on people's decisions. At the same time using different rumors.
Now sell USD/JPY
Hi Albert and welcome to the thread. Price action is just one form of technical analysis. What kind of technical analysis do you use? Could you post a chart? (Not of USD/JPY)

Cheers
Gone to a better place
  • #301,166
  • Feb 22, 2012 11:19am Feb 22, 2012 11:19am
Quoting Tsar
I'm out for TRADE, Sideway...

If anyone interest, my advice is wait Broke Price 1.5685 first to BUY.
Start Price 1.5658 is Oversold, I'm not Recommend to SELL for today
(Exception Breakout 1.5640 as Support)

It's Late Now. Time to Sleep...

Good Luck
Wise words
thanks for important points some of them coincide with mine
short from 1.5682 with care
Good luck!
  • #301,167
  • Feb 22, 2012 11:28am Feb 22, 2012 11:28am
Quoting PskovFX
Really so all is bad?
LONG, SHORT & SCALPING - this is our weapon to win our PIPS
Not ALL Bad
Btw... Times, Emotion & Error Calculation will make something terrible
I play safe, often not give when doing Buy/Sell transactions in the Forum.
Always looking the GREAT, never left GOOD Point...
  • #301,168
  • Feb 22, 2012 11:46am Feb 22, 2012 11:46am
Im not a big fan of OS/OB signals.. personally and with experience i find the OB/OS signals are often inaccurate it does tell you the market "looks" overbought and stuff but, the market itself does not really care if its overbought or oversell... you can see time to time when market is defying these signals...
like EURUSD moving 100 pip south and you get an oversell signal but you check back later... EURUSD moved 200pip further south... so i dont like OB/OS
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,169
  • Feb 22, 2012 12:11pm Feb 22, 2012 12:11pm
Quoting bguguen
Im not a big fan of OS/OB signals.. personally and with experience i find the OB/OS signals are often inaccurate it does tell you the market "looks" overbought and stuff but, the market itself does not really care if its overbought or oversell... you can see time to time when market is defying these signals...
like EURUSD moving 100 pip south and you get an oversell signal but you check back later... EURUSD moved 200pip further south... so i dont like OB/OS
Any tool is good when be able to use it :nerd:
  • #301,170
  • Feb 22, 2012 12:13pm Feb 22, 2012 12:13pm
Quoting PskovFX
Any tool is good when be able to use it :nerd:
Not OB/OS signals... OB/OS signals only work really well on ranging markets... but when you got trending ones like EURAUD... its been Oversold for 2 months already...
OB/OS signals is not a working signal for me... waste of time to even look at it i like to use MACD, Moving Averages and now... Standard Deviation wicking upwards to signal entry
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,171
  • Feb 22, 2012 12:23pm Feb 22, 2012 12:23pm
Quoting Faller
May I ask what trade you made to gain 280 pips?
Hey, bro, Sorry, just woke up. Actually made 637 pips. I opened 2 after Asia, 2 more at the start of the Frankie spike, then 8 more at the retest of the broken 1hr TL. Closed all at 5674 very nice...
Come with me if you want to live....
  • #301,172
  • Feb 22, 2012 1:44pm Feb 22, 2012 1:44pm
It's worth looking at this thread to see the odd post of interest.

Phanti: I like your charts. Post more often. that's an order.

navhin: An intruiging chart. Please explain the wiggly things, and the straight things. Seriously.

abdul: You are getting too good.
Gone to a better place
  • #301,173
  • Feb 22, 2012 1:47pm Feb 22, 2012 1:47pm
Quoting bguguen
Im not a big fan of OS/OB signals.. personally and with experience i find the OB/OS signals are often inaccurate it does tell you the market "looks" overbought and stuff but, the market itself does not really care if its overbought or oversell... you can see time to time when market is defying these signals...
like EURUSD moving 100 pip south and you get an oversell signal but you check back later... EURUSD moved 200pip further south... so i dont like OB/OS
You're right. There is no such thing as oversold or overbought. I can say it more bluntly.
Gone to a better place
  • #301,174
  • Feb 22, 2012 1:49pm Feb 22, 2012 1:49pm
Quoting bguguen
Im not a big fan of OS/OB signals.. personally and with experience i find the OB/OS signals are often inaccurate it does tell you the market "looks" overbought and stuff but, the market itself does not really care if its overbought or oversell... you can see time to time when market is defying these signals...
like EURUSD moving 100 pip south and you get an oversell signal but you check back later... EURUSD moved 200pip further south... so i dont like OB/OS
I agree on not being a fan of OB/OS indicators. Even though as traders we need to combine technical, fundamental and sentimental analysis (a large portion of which is based on past performance and price action) OB/OS indicators rarely work correctly. If any that I felt have worked well (if used properly) would be MACD. But using these indicators only works if you have a solid confluence of even all happening at the same time, in which the OB/OS indicator is just one more green flag for your trade setup.

Josh
  • #301,175
  • Feb 22, 2012 2:03pm Feb 22, 2012 2:03pm
Quoting smikester
You're right. There is no such thing as oversold or overbought. I can say it more bluntly.
Hallelujer motha fuckas!
I am livin for da lord
Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,176
  • Feb 22, 2012 2:08pm Feb 22, 2012 2:08pm
Quoting bguguen
Hallelujer motha fuckas!
I am livin for da lord
http://www.youtube.com/watch?v=so_Iszaq2xA
You are a very funny man B.
Gone to a better place
  • #301,177
  • Feb 22, 2012 2:14pm Feb 22, 2012 2:14pm
I am not very big on posting so sorry if i am stepping on some toes. I am reading this thread allot because because i am fulltime trader for past 3 years i have allot of spare time.

It is funny for me like people coming in here like earlier and say something like we will see 1.5900 at the end of the day. The people posting in such a way will not last a long time in this busnisse. The market will do what it will do. You cannot tell by what time where it will be. If you want to brag about your trading post your postion when you enter your trade then we can all see how good you realy are. It would have been nice if everyone is everyone who is posting here can give a link to their trading account then we can see who the big boys realy are.

Then there is allot of guys which knows what they are talking thank you guys i am still learning allot from you.

Happy pipping
Long live the Gbp/Usd forum
  • #301,178
  • Feb 22, 2012 2:15pm Feb 22, 2012 2:15pm
Quoting smikester
You are a very funny man B.
Well i just needed to blow some steam off... had a way too exciting day...
BTW a tip for you my friend... Look at how Gold just Flown up and the majority pairs are not moving... something is brewing my friend... better be careful...
my guess its tomorrow's IFO climate... somethings tell me someone might know something about the figure... prolly worse than expected therefore they are buying up gold now to prevent damages...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,179
  • Feb 22, 2012 2:22pm Feb 22, 2012 2:22pm
Quoting Boertjie
I am not very big on posting so sorry if i am stepping on some toes. I am reading this thread allot because because i am fulltime trader for past 3 years i have allot of spare time.

It is funny for me like people coming in here like earlier and say something like we will see 1.5900 at the end of the day. The people posting in such a way will not last a long time in this busnisse. The market will do what it will do. You cannot tell by what time where it will be. If you want to brag about your trading post your postion when you enter your...
What about me?? am i one who knows a lot or talks alot from his ass?? you be the judge... if you need help answering... i suggest reading my previous post and attachments...
lets see what conclusion you'd come up with...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,180
  • Feb 22, 2012 2:31pm Feb 22, 2012 2:31pm
Quoting Boertjie
It is funny for me like people coming in here like earlier and say something like we will see 1.5900 at the end of the day. The people posting in such a way will not last a long time in this busnisse. The market will do what it will do. You cannot tell by what time where it will be. If you want to brag about your trading post your postion when you enter your trade then we can all see how good you realy are
Happy pipping
Long live the Gbp/Usd forum
Long live Boertje.
Gone to a better place
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