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Cable Update (GBPUSD)

  • #326,881
  • Oct 16, 2012 3:46am Oct 16, 2012 3:46am
Short both EU GU
3009 and 6098
TP 50pips both
In trading, you have to be defensive and aggressive at the same time
  • #326,882
  • Oct 16, 2012 3:48am Oct 16, 2012 3:48am
Quoting redbeben
what about inflation letter on GU ?

try not to predict the news or the reaction.2012 is a strange year

good news for USD or EU does not mean good news for GU in some occasions

it's a strange market

leave the news to settle down and see where price is heading

Morning Red,

Inflation letter not happening when CPI results are more than 1% and less than 3% according to FF...

CPI figures came in 2.2%....
  • #326,883
  • Oct 16, 2012 3:50am Oct 16, 2012 3:50am
Quoting Davit
Short both EU GU
3009 and 6098
TP 50pips both

Short eu @ 1.3006
short gu @ 1.6103

good luck bro
  • #326,884
  • Oct 16, 2012 3:51am Oct 16, 2012 3:51am
Quoting Freshpips
Morning Red,

Inflation letter not happening when CPI results are more than 1% and less than 3% according to FF...

CPI figures came in 2.2%....
you are correct.... Inflation letter only comes in when it misses the BoE Inflation Target of +/-3% so there wont be a letter
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,885
  • Oct 16, 2012 4:02am Oct 16, 2012 4:02am
Quoting Freshpips
Morning Red,

Inflation letter not happening when CPI results are more than 1% and less than 3% according to FF...

CPI figures came in 2.2%....
and how should I know that ?

I'm a model and trying to be a finance minister....how can I know all this economic things ????

thanks for the head-soup

I'm handsome I'm handsome I'm handsome
  • #326,886
  • Oct 16, 2012 4:03am Oct 16, 2012 4:03am
Quoting bguguen
you are correct.... Inflation letter only comes in when it misses the BoE Inflation Target of +/-3% so there wont be a letter
I'm not playing with you,you are an insider
  • #326,887
  • Oct 16, 2012 4:05am Oct 16, 2012 4:05am
Quoting redbeben
I'm not playing with you,you are an insider
huh?? not playing me?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,888
  • Oct 16, 2012 4:09am Oct 16, 2012 4:09am
..maybe a good place to add some buy
  • #326,889
  • Oct 16, 2012 4:11am Oct 16, 2012 4:11am
Dear Friends,

pls help me.

i want to modify my EA with SELL only.
as this EA is BUY but i want to change it with SELL only don't want to BUY.

the other setting should remain same like do average in profit.

pls help me friends...
Attached File(s)
File Type: mq4 10Points_4_Inds_Magic.mq4   10 KB | 252 downloads
  • #326,890
  • Oct 16, 2012 4:21am Oct 16, 2012 4:21am
i am seeing a classic H4 bearish divergence in play, capable to reach 1.59

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd h4.gif Size: 24 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,891
  • Oct 16, 2012 4:25am Oct 16, 2012 4:25am
Quoting bguguen
i am seeing a classic H4 bearish divergence in play, capable to reach 1.59

Attachment

short as well..im gonna hold this one
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.gif Size: 27 KB
  • #326,892
  • Oct 16, 2012 4:33am Oct 16, 2012 4:33am
Quoting nAVIN2007
short as well..im gonna hold this one
I'm holding onto my pants

geronimooooooooooooooo

above 6086 we go 6096 again
  • #326,893
  • Oct 16, 2012 4:35am Oct 16, 2012 4:35am
Quoting redbeben
I'm holding onto my pants

geronimooooooooooooooo

above 6086 we go 6096 again

i dont know why but im short and comfortable with it
maybe i lost the plot bro??..what im seeing is the weekly bearish and figures not good in the news..i dont think 1.63 will break so next month we decline fast

or i try again at 1.6470 (which is not a bright idea)

what we need now is to consolidate here ..so 4hr is bearish slight double top..will keep in sink with weekly
  • #326,894
  • Oct 16, 2012 4:35am Oct 16, 2012 4:35am
Quoting bguguen
i am seeing a classic H4 bearish divergence in play, capable to reach 1.59

Attachment
I think price needs to close above the last high for it to be a realiable divergence! Im long now from 1.6074 for the re-test of 6100 with stop at 6068
Trading comes quickly, patience and discipline does not!
  • #326,895
  • Oct 16, 2012 4:38am Oct 16, 2012 4:38am
Quoting Daddypips
I think price needs to close above the last high for it to be a realiable divergence! Im long now from 1.6074 for the re-test of 6100 with stop at 6068
How dare you trade with just 6 pips SL unless there is a system with razor picking entry?
  • #326,896
  • Oct 16, 2012 4:46am Oct 16, 2012 4:46am
Quoting ForexRatVN
How dare you trade with just 6 pips SL unless there is a system with razor picking entry?

how dare you!!
  • #326,897
  • Oct 16, 2012 4:48am Oct 16, 2012 4:48am
Quoting ForexRatVN
How dare you trade with just 6 pips SL unless there is a system with razor picking entry?
1..Because M1 was showing a decent demand level at 6072. 2.... also theres a support level that held at 70. 3... RSI was oversold. 4... On M60 there is a 50 EMA on the 6070 support!

Enough reasons?
Trading comes quickly, patience and discipline does not!
  • #326,898
  • Oct 16, 2012 4:50am Oct 16, 2012 4:50am
Quoting nAVIN2007
i dont know why but im short and comfortable with it
maybe i lost the plot bro??..what im seeing is the weekly bearish and figures not good in the news..i dont think 1.63 will break so next month we decline fast

or i try again at 1.6470 (which is not a bright idea)

what we need now is to consolidate here ..so 4hr is bearish slight double top..will keep in sink with weekly
I'm 10 pips up and locked....and why do you question my calculations ?

''how dare you be comfy with your shorts ? ''
  • #326,899
  • Oct 16, 2012 4:51am Oct 16, 2012 4:51am
76.4% of the 6059-6108 1hr swing there as well

Quoting Daddypips
1..Because M1 was showing a decent demand level at 6072. 2.... also theres a support level that held at 70. 3... RSI was oversold. 4... On M60 there is a 50 EMA on the 6070 support!

Enough reasons?
ex member
  • #326,900
  • Oct 16, 2012 4:53am Oct 16, 2012 4:53am
Quoting nAVIN2007
i dont know why but im short and comfortable with it
maybe i lost the plot bro??..what im seeing is the weekly bearish and figures not good in the news..i dont think 1.63 will break so next month we decline fast

or i try again at 1.6470 (which is not a bright idea)

what we need now is to consolidate here ..so 4hr is bearish slight double top..will keep in sink with weekly
but now to be real ..under 6063 we go 6035

from there we'll see either bounce up or continue down
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