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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #1,561
  • Jul 16, 2013 8:36am Jul 16, 2013 8:36am
Quoting godim
{quote} The breakthrough can happen. Do not wait for tomorrow. {image}
The cable should be above 5132.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 97 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,562
  • Jul 16, 2013 8:44am Jul 16, 2013 8:44am
Quoting godim
{quote} Looks that way to M15 chart. {image}
Continue to philosophize. Why price moves on the line? What is cause and what is the consequence?
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Click to Enlarge Name: eurusd.gif Size: 63 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,563
  • Jul 16, 2013 8:44am Jul 16, 2013 8:44am
Quoting infinitus
short 1/10 @ 3124 will try it SL above 3184

second 1/10 short @ 3150
  • #1,564
  • Jul 16, 2013 8:47am Jul 16, 2013 8:47am
Quoting godim
{quote} Continue to philosophize. Why price moves on the line? What is cause and what is the consequence? {image}
If the price is the reason - the channel is the consequence.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,565
  • Jul 16, 2013 8:53am Jul 16, 2013 8:53am
To only penetration, the price must again return below the line (yellow). Otherwise there is a breakthrough.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,566
  • Jul 16, 2013 9:10am Jul 16, 2013 9:10am
Quoting infinitus
{quote} I would get too excited for that
Okay I'm back. Wife decided to tan her belly so she stayed face up... and in order to not be accused of staring, I decided to tan my back.

By the way, that was a very conservative picture. I didn't want to pollute your thread with hot pictures and distract the traders.

As for your 1.3150 short, if I wasn't already significantly short at many levels, I would have joined you.

At this point Cable is looking more interesting for shorting than the Euro. Despite how godim is viewing it, 1.5200/5300 is a psychological firewall area for cable so I'll looking to add more shorts on further rallies.

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Those who say it cannot be done should not interrupt those who are doing it
  • #1,567
  • Jul 16, 2013 9:27am Jul 16, 2013 9:27am
Gold H4:
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  • #1,568
  • Jul 16, 2013 9:30am Jul 16, 2013 9:30am
Quoting PipTrapper
{quote} Okay I'm back. Wife decided to tan her belly so she stayed face up... and in order to not be accused of staring, I decided to tan my back. By the way, that was a very conservative picture. I didn't want to pollute your thread with hot pictures and distract the traders. As for your 1.3150 short, if I wasn't already significantly short at many levels, I would have joined you. At this point Cable is looking more interesting for shorting than the Euro. Despite how godim is viewing it, 1.5200/5300 is a psychological firewall area for...
Our charts are significantly different.
Only inside bars. Not even neutral slope.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,569
  • Jul 16, 2013 9:36am Jul 16, 2013 9:36am
Quoting godim
{quote} Our charts are significantly different. Only inside bars. Not even neutral slope. {image}
Probably due to the broker time zone settings.
Mine (FXCM London) is GMT with no DST adjustment (London summer time - 1 hour) or (london winter time)
Those who say it cannot be done should not interrupt those who are doing it
  • #1,570
  • Jul 16, 2013 9:42am Jul 16, 2013 9:42am
Quoting PipTrapper
{quote} Probably due to the broker time zone settings. Mine (FXCM London) is GMT with no DST adjustment (London summer time - 1 hour) or (london winter time)
Yes. To me the reasons are clear. But in example there are 6 bars for a week. This may result in some trouble. And for Gann is inadmissible.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,571
  • Jul 16, 2013 9:51am Jul 16, 2013 9:51am
If break remains intact, I keep searching purposes. Because a clear setup for a 3710 attack no longer. Offers something close.

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Click to Enlarge Name: eurusd.gif Size: 111 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,572
  • Jul 16, 2013 9:52am Jul 16, 2013 9:52am
Quoting godim
{quote} Yes. To me the reasons are clear. But in example there are 6 bars for a week. This may result in some trouble. And for Gann is inadmissible.
Yes I understand. For me GANN is not as important so it's okay.
Besides, I trade mostly on sentiment with techs as confirmation.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,573
  • Jul 16, 2013 10:00am Jul 16, 2013 10:00am
Quoting kaka_ht
Gold H4: {image}

well spotted, Mr. Kaka :-)
  • #1,574
  • Jul 16, 2013 10:02am Jul 16, 2013 10:02am
what does the SP500 know today, that the EU does not know?
  • #1,575
  • Jul 16, 2013 10:02am Jul 16, 2013 10:02am
Quoting godim
If break remains intact, I keep searching purposes. Because a clear setup for a 3710 attack no longer. Offers something close. {image}
First closing of the H4 candle above the line.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 110 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,576
  • Jul 16, 2013 10:09am Jul 16, 2013 10:09am
Quoting godim
{quote} First closing of the H4 candle above the line. {image}
For the cable is the same situation.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 99 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,577
  • Jul 16, 2013 10:31am Jul 16, 2013 10:31am
Quoting infinitus
what does the SP500 know today, that the EU does not know?
When one is long a market and that position seems a bit too stretched to match anything realistic and logical, the day before potential market rattling news, one tends to take some profit so that one does not give it all back to the market
Those who say it cannot be done should not interrupt those who are doing it
  • #1,578
  • Jul 16, 2013 10:35am Jul 16, 2013 10:35am
Dollar Bulls Waver as Fed’s Signals Whipsaw Traders
Those who say it cannot be done should not interrupt those who are doing it
  • #1,579
  • Jul 16, 2013 10:52am Jul 16, 2013 10:52am
Quoting godim
{quote} For the cable is the same situation. {image}
Important level is somewhere in 5127. I do not have it in a table because it's penetration. Max atm 5125.

5128 is important, now is 5127...
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,580
  • Jul 16, 2013 11:01am Jul 16, 2013 11:01am
Quoting godim
{quote} Important level is somewhere in 5127. I do not have it in a table because it's penetration. Max atm 5125. 5128 is important, now is 5127...
Especially for lovers of a pip triggers.

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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