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Cable Update (GBPUSD)

  • #325,741
  • Oct 3, 2012 3:38am Oct 3, 2012 3:38am
Quoting redbeben
6115 top
and who's the lucky bastard that shorted up there ?

and I think the same one sold EU @ 2927 for 2905 as first stop and later to come 2890

can't see any further in scalping only med term and I don't say it due to news
  • #325,742
  • Oct 3, 2012 3:41am Oct 3, 2012 3:41am
Quoting bguguen
me also got that AUDUSD trade! woot woot... maybe it will reach my year end target at 0.95 afterall...
1.01 to 1.017 is a strong S area

1.0394 still in play so a long in this area now is a good RR

but I am talking W charts here ..not my style

so...I doubt 1.01 will give way for now....or at least till the end of year
  • #325,743
  • Oct 3, 2012 3:50am Oct 3, 2012 3:50am
Quoting nAVIN2007
well nobody can get the timing spot on..afterall its a zero sum game..im working on being more accurate in future!!

hopefully this can happen
hope u making pips brother
Yes I do get few shorts on this pair.

The shorts @ 16228, TP1 50 pips, TP2 @ 16095 just hit in the last hour. The remaining TP3 is far aggressive @ 15625. I don't have any problem if it can come in 2 more weeks or hit BE @ 16200.

Hope you get some pips as well
  • #325,744
  • Oct 3, 2012 4:20am Oct 3, 2012 4:20am
GBPUSD H4 looking scary here...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,745
  • Oct 3, 2012 4:22am Oct 3, 2012 4:22am
Quoting bguguen
GBPUSD H4 looking scary here...
H1 not looking much better! Kicking myself for wanting an early entry... Should've waited for a break of 80... S/L is still at 30 but looking very likely to be hit...

Got out BE with my other position...

JUST ME OR MARKET SUDDENLY VERY QUIET?
@pawpaw1000 on Twitter
  • #325,746
  • Oct 3, 2012 4:48am Oct 3, 2012 4:48am
Quoting pawpaw1000
H1 not looking much better! Kicking myself for wanting an early entry... Should've waited for a break of 80... S/L is still at 30 but looking very likely to be hit...

Got out BE with my other position...

JUST ME OR MARKET SUDDENLY VERY QUIET?
The usual quiet before storming (!?)
  • #325,747
  • Oct 3, 2012 5:32am Oct 3, 2012 5:32am
Real sh*t market today...

Still holding my short from 1.6108 but seems to be going nowhere at the moment...

Maybe waiting for NY open/ADP & ISM later on...
  • #325,748
  • Oct 3, 2012 5:34am Oct 3, 2012 5:34am
Quoting Freshpips
Real sh*t market today...

Still holding my short from 1.6108 but seems to be going nowhere at the moment...

Maybe waiting for NY open/ADP & ISM later on...
No Worries. I am in the same shit as you! LOL! Good Luck!
  • #325,749
  • Oct 3, 2012 5:35am Oct 3, 2012 5:35am
Good day,

I am running a little test on the side... the plan is to attempt to time scalp-able reversals on the hourly chart. TP and SL is not the point here - it is to see if it can be timed.

So - I have taken a snapshot of the current long timing - I placed buy limits before I left for the office. The idea is to act on the timing line when reached. I have done 3 timing lines - just to test...

First one just triggered. Another long to enter on the 8th of October @ 11h00 on my chart - wherever price may be, and then a short to be entered on 16 October @ 15h00 on my chart - wherever price may be...

The last line will only be valid if the current low holds. Otherwise I will recalculate later.

Will see.. this may obviously fail in totality - but just testing a maths formula.

Regards
Attached Image (click to enlarge)
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  • #325,750
  • Oct 3, 2012 5:39am Oct 3, 2012 5:39am
Quoting TauTrader
Good day,

I am running a little test on the side... the plan is to attempt to time scalp-able reversals on the hourly chart. TP and SL is not the point here - it is to see if it can be timed.

So - I have taken a snapshot of the current long timing - I placed buy limits before I left for the office. The idea is to act on the timing line when reached. I have done 3 timing lines - just to test...

First one just triggered. Another long to enter on the 8th of October @ 11h00 on my chart - wherever price may be, and then a short to be entered on 16...
Interesting.
I'd love to know the results...
Show Me Your Pips!!!
  • #325,751
  • Oct 3, 2012 5:42am Oct 3, 2012 5:42am
Quoting Kaloo5
Interesting.
I'd love to know the results...
Good day,

I will take snapshots as we go and will update the original post above - irrespective of the result.

I'm also curious to see what happens...

Just thinking outside the box..

Regards
  • #325,752
  • Oct 3, 2012 5:47am Oct 3, 2012 5:47am
Quoting Snooze
No Worries. I am in the same shit as you! LOL! Good Luck!

  • #325,753
  • Oct 3, 2012 5:48am Oct 3, 2012 5:48am
· Momentum Investing - The fine art of buying high and selling
low.

· Value Investing - The art of buying low and selling lower.

· Broker - Poorer than you were last year.

· P/E ratio - The percentage of investors wetting their pants as
this market keeps crashing.

· Standard & Poor - Your life in a nut shell.

· Stock Analyst - Idiot who just downgraded your stock.

· Bull Market - A random market movement causing an investor to
mistake himself for a financial genius.

· Bear Market - A 6 to 18 month period when the kids get no
allowance, the wife gets no jewelry and the husband gets no sex.

· Stock split - When your ex-wife and her lawyer split all your
assets equally between themselves.

· Financial Planner - A guy who actually remembers his wallet
when he runs to the 7-11 for toilet paper and cigarettes.

· Market Correction - The day after you buy stocks.

· Cash Flow - The movement your money makes as it disappears down
the toilet.

· Call Option - Something people used to do with a telephone in
ancient times before e-mail.

· Cisco - Side kick of Poncho.

· Yahoo - What you yell after selling it to some poor sucker for
$540 per share.

· Windows 2000 - What you jump out of when you're the sucker that
bought Yahoo for $540 per share.

· Institutional Investor - Past year investor who's now locked up
in a nut house.

· Profit - Religious guy who talks to God.

· Bill Gates - Where God goes for a loan.

· Alan Greenspan - God.
Show Me Your Pips!!!
  • #325,754
  • Oct 3, 2012 5:48am Oct 3, 2012 5:48am
Quoting TauTrader
Good day,

I am running a little test on the side... the plan is to attempt to time scalp-able reversals on the hourly chart. TP and SL is not the point here - it is to see if it can be timed.

So - I have taken a snapshot of the current long timing - I placed buy limits before I left for the office. The idea is to act on the timing line when reached. I have done 3 timing lines - just to test...

First one just triggered. Another long to enter on the 8th of October @ 11h00 on my chart - wherever price may be, and then a short to be entered on...

Way to think outside the box Tau - I will be watching out for updates...

Very interesting... good luck.
  • #325,755
  • Oct 3, 2012 5:50am Oct 3, 2012 5:50am
Quoting redbeben
and who's the lucky bastard that shorted up there ?

and I think the same one sold EU @ 2927 for 2905 as first stop and later to come 2890

can't see any further in scalping only med term and I don't say it due to news
2887 as second and last 2867-61...I'd go for 61 to be honest and from there bouncy bouncy
  • #325,756
  • Oct 3, 2012 5:51am Oct 3, 2012 5:51am
Quoting Kaloo5
[b]· Momentum Investing - The fine art of buying high and selling
low.

· Value Investing - The art of buying low and selling lower.

· Broker - Poorer than you were last year.

· P/E ratio - The percentage of investors wetting their pants as
this market keeps crashing.

· Standard & Poor - Your life in a nut shell.

· Stock Analyst - Idiot who just downgraded your stock.

· Bull Market - A random market movement causing an investor to
mistake himself for a financial genius.

· Bear Market - A 6 to 18 month period when the kids...
  • #325,757
  • Oct 3, 2012 5:51am Oct 3, 2012 5:51am
Quoting TauTrader
Good day,

I will take snapshots as we go and will update the original post above - irrespective of the result.

I'm also curious to see what happens...

Just thinking outside the box..

Regards
In these crazy times, anything is possible and everything is a possible strategy.
I read an article on a guy who trades the S&P based on weather patterns, and he's been making money for years. He swears by his system, so who are we to argue?
Show Me Your Pips!!!
  • #325,758
  • Oct 3, 2012 6:39am Oct 3, 2012 6:39am
Quoting Kaloo5
In these crazy times, anything is possible and everything is a possible strategy.
I read an article on a guy who trades the S&P based on weather patterns, and he's been making money for years. He swears by his system, so who are we to argue?

personally i have notice every time i have ever enter price has always come back to my entery..im considering having a virtual entery and trading towards it

i swear it would be the perfect system..but it would take that margin of error to be right always which im not prepared to do..cause it would prove to me..im an idiot
  • #325,759
  • Oct 3, 2012 6:41am Oct 3, 2012 6:41am
http://www.easyfreesmileys.com/smileys/dancing-baby.jpg
  • #325,760
  • Oct 3, 2012 6:42am Oct 3, 2012 6:42am
http://www.easyfreesmileys.com/smile...mileys-495.gif
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