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Cable Update (GBPUSD)

  • #321,741
  • Aug 17, 2012 2:07am Aug 17, 2012 2:07am
Quoting freeRider
Hi there, nice to see you here, I often look after your posts

Would you like to explain the reasons for your position?
Looks like the chart you posted is from a few days ago, why?

(please help the newbies like me )
Good day to you, sir

The chart is Renko based. Not time based. One can not look at the time/date on the bottom of the chart. Bars will only form when price moves - in this case, 1 bar represents 20 pips of movement. The reason for my trade is based on my indicators.

Very simple.

All the best to you

Regards
  • #321,742
  • Aug 17, 2012 2:13am Aug 17, 2012 2:13am
Quoting TauTrader
Good day to you,

Hope all are doing well.

My plan.. short @ 1.57151 and sell limit @ 1.57360

Regards

nice trade, good idea, I have pending short @1.5700 tp 1.5670
Loosening is not an option
  • #321,743
  • Aug 17, 2012 2:13am Aug 17, 2012 2:13am
http://4.bp.blogspot.com/-UVVaROQZoH...ting_money.jpg
not euphoria follower
  • #321,744
  • Aug 17, 2012 2:15am Aug 17, 2012 2:15am
Quoting Vilkas
nice trade, good idea, I have pending short @1.5700 tp 1.5670
Good day to you, sir

Let us hope it works out...

All the best to you

Regards
  • #321,745
  • Aug 17, 2012 2:16am Aug 17, 2012 2:16am
Quoting iqyu5an
http://4.bp.blogspot.com/-UVVaROQZoH...ting_money.jpg

ahh soo sweet, what a nice present for the friday )
Loosening is not an option
  • #321,746
  • Aug 17, 2012 2:21am Aug 17, 2012 2:21am
Quoting TauTrader
The chart is Renko based. Not time based. One can not look at the time/date on the bottom of the chart. Bars will only form when price moves - in this case, 1 bar represents 20 pips of movement. The reason for my trade is based on my indicators.

That seems interesting.
Do you have a link to some material that I can study to integrate this system to my analysis?
As you can see I've just put my nose out to the sea of informations about trading
  • #321,747
  • Aug 17, 2012 3:03am Aug 17, 2012 3:03am
Quoting freeRider
That seems interesting.
Do you have a link to some material that I can study to integrate this system to my analysis?
As you can see I've just put my nose out to the sea of informations about trading
Good day to you, sir

I'm on my way out of town... please Google for the basics. I will see what I can give you when i'm back later today.

Hope you understand.

Regards to you
  • #321,748
  • Aug 17, 2012 4:04am Aug 17, 2012 4:04am
Peaceful morning for gbp/usd. We need some news to move the buddy one way or another. It's pretty strong against other currencies though.
  • #321,749
  • Aug 17, 2012 5:29am Aug 17, 2012 5:29am
Learning from mistakes is the most precious thing ever.
Never ever overtrade. Expecially on friday. This is my today lesson.

Anyway, for you, still time to go short ?
  • #321,750
  • Aug 17, 2012 5:41am Aug 17, 2012 5:41am
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-569.gif
That's it, don't get mad, get even, or get drunk, hell, it's Friday night right
Good weekend all, what a fubar week.
Come with me if you want to live....
  • #321,751
  • Aug 17, 2012 5:41am Aug 17, 2012 5:41am
this market suck all year altho we had some goo moments over all market suck
  • #321,752
  • Aug 17, 2012 5:50am Aug 17, 2012 5:50am
GBP/USD H4 chart.

Waiting to see if price can break through support.

I'm short from 1.57335 SL already at BE

Targeting fib retracements
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 49 KB
  • #321,753
  • Aug 17, 2012 5:51am Aug 17, 2012 5:51am
get ready guys, big move down expecting when u.s. opens http://www.easyfreesmileys.com/smile...mileys-857.gif
  • #321,754
  • Aug 17, 2012 6:04am Aug 17, 2012 6:04am
Quoting PoundTrader
get ready guys, big move down expecting when u.s. opens http://www.easyfreesmileys.com/smile...mileys-857.gif
Im ready!!
  • #321,755
  • Aug 17, 2012 6:05am Aug 17, 2012 6:05am
after 1.5670 zone is reached how you plan to behave?
  • #321,756
  • Aug 17, 2012 6:09am Aug 17, 2012 6:09am
Quoting aarash
Im ready!!
http://www.easyfreesmileys.com/smile...mileys-317.gif
  • #321,757
  • Aug 17, 2012 6:15am Aug 17, 2012 6:15am
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-317.gif
Good day to you, sir

Awesome entry you had up there.... very well done.

Regards
  • #321,758
  • Aug 17, 2012 6:18am Aug 17, 2012 6:18am
Been waiting since yesterday for this.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_1h.gif Size: 29 KB
Ghost Rider - WWTBMD?
  • #321,759
  • Aug 17, 2012 6:18am Aug 17, 2012 6:18am
Quoting freeRider
after 1.5670 zone is reached how you plan to behave?
I expect it to reach the 1.5650 area TP is set to 1.5654, if it bounces up from that area I'll re enter short somewhere.
  • #321,760
  • Aug 17, 2012 6:23am Aug 17, 2012 6:23am
Quoting albchr
Been waiting since yesterday for this.
Good day to you, sir



Perfect entry...

Regards
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