problems with audio! i forgot to setup speakers
90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #335,001
- Jan 31, 2013 4:19am Jan 31, 2013 4:19am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
problems with audio! i forgot to setup speakers
- #335,005
- Jan 31, 2013 5:50am Jan 31, 2013 5:50am
- Well its nice you post a quiz in front of a major resistance.
- Even if you're selling every 23.6 on higher time frames then you are working another job besides trading.
- For me not because of your 23.6 on H4, but because of this...... . (Please look at the charts)
- Cheers.
Horizontal lines- strong thing, but i not trading on it.
In general nobody knows what was true reason to go down.
i interest now about move up. Question will it be and how stronG?
- #335,006
- Jan 31, 2013 5:57am Jan 31, 2013 5:57am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #335,007
- Jan 31, 2013 6:03am Jan 31, 2013 6:03am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
if anything...
should not go so much far down from this line.
maybe 5750?
should not go so much far down from this line.
maybe 5750?
90% of traders use TA, indicators and prediction
- #335,008
- Edited 6:17am Jan 31, 2013 6:06am | Edited 6:17am
- Joined Mar 2011 | Status: Trader | 1,525 Posts
i have possibility to look at PC all working day
Horizontal lines- strong thing, but i not trading on it.[/quote]
- Then what you are depending on?
In general nobody knows what was true reason to go down.
[/quote]- I already gave you an exact number that cable reversed from and you still questioning?
- Not to mention some analysts call a top for E/G.
i interest now about move up. Question will it be and how stronG?[/quote]
- If we hold the 1.5777 then bulls are about to score a new goal in 1.5906 then 1.5945
- I wish you a comfortable career and profitable trading.
- Cheers.
- #335,009
- Jan 31, 2013 6:17am Jan 31, 2013 6:17am
- Joined Mar 2011 | Status: Trader | 1,525 Posts
if anything...
should not go so much far down from this line.
maybe 5750?
- GL.
- #335,010
- Jan 31, 2013 6:38am Jan 31, 2013 6:38am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- May be 5777 already showing a bullish trend continuation.
- GL.
maybe in fastest TF.....
actually price is full downtrend
only just done 1-2 steps for a possible reversal to print a retrace
90% of traders use TA, indicators and prediction
- #335,011
- Jan 31, 2013 7:03am Jan 31, 2013 7:03am
- Joined Mar 2011 | Status: Trader | 1,525 Posts
bullish trend continuation?
maybe in fastest TF.....
actually price is full downtrend
only just done 1-2 steps for a possible reversal to print a retrace
- Its already bullish in H1 time frame and it is not the fastest time frame.
actually price is full downtrend [/quote]
- Are you using indicators to say this?
- Any new trend starts with one tick, not to mention its already bounces from 1.5673 to 1.5841.
- That's a 176 pips move in counter direction and I'll take it in consideration.
only just done 1-2 steps for a possible reversal to print a retrace
[/quote]- I can only say that if we don't take 1.5841 soon.
- Cheers.
- #335,012
- Jan 31, 2013 7:21am Jan 31, 2013 7:21am
maybe in fastest TF.....
- Its already bullish in H1 time frame and it is not the fastest time frame.
actually price is full downtrend
- Are you using indicators to say this?
- Any new trend starts with one tick, not to mention its already bounces from 1.5673 to 1.5841.
- That's a 176 pips move in counter direction and I'll take it in consideration.
only just done 1-2 steps for a possible reversal to print a retrace
- I can only say that if we don't take 1.5841 soon.
- Cheers.
on H1 i agree that we see uptrend action. HH and HL and break and retrace.
but on h4 and daily its still look bearish for me
- #335,013
- Jan 31, 2013 7:21am Jan 31, 2013 7:21am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
maybe in fastest TF.....
- I can only say that if we don't take 1.5841 soon.
- Cheers.[/quote]
ok but for humans, it's impossible to know where is the reversal tick
so in the end, it's better to make some study and understand where is better price according on overall conditions.
actually 5840 seems like a wall.
one day 5800 could become a great entry long but price will reverse @5880 to go straight higher.
that day we'll be in hourly uptrend.
just a matter of subjective perceptions... nothing more
indicators?
90% of traders use TA, indicators and prediction
- #335,015
- Jan 31, 2013 7:33am Jan 31, 2013 7:33am
- Joined Mar 2011 | Status: Trader | 1,525 Posts
- .....................
- I can only say that if we don't take 1.5841 soon.
- Cheers.
so in the end, it's better to make some study and understand where is better price according on overall conditions.
actually 5840 seems like a wall.
one day 5800 could become a great entry long but price will reverse @5880 to go straight higher.
that day we'll be in hourly uptrend.
just a matter of subjective perceptions... nothing more
indicators?
[/quote]- Thank you BBKing for making things clear for me.
- Cheers.
- #335,019
- Jan 31, 2013 9:18am Jan 31, 2013 9:18am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Hi BBking
what are these lines for?
P.S. sorry to draw on your chart, hope i didn't violate copyrights
don't worry, my lawyer is on holiday !
those lines are simply weekly closing/opening time.
i draw them to visually separate last weeks to current one in hourly charts.
this helps me since i usually base my study on weekly TF!
90% of traders use TA, indicators and prediction
- #335,020
- Jan 31, 2013 9:24am Jan 31, 2013 9:24am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
i scaled out @5824 almost 75% of whole position.
i will hopefully have the opportunity to add lower or to add at same rate later if price will use it a s support.
.....or to open a short position..... ? mmm
let's see what develops!
for the moment i switch off and take some rest
bye good luck
i will hopefully have the opportunity to add lower or to add at same rate later if price will use it a s support.
.....or to open a short position..... ? mmm
let's see what develops!
for the moment i switch off and take some rest
bye good luck
90% of traders use TA, indicators and prediction