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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #3,101
  • Aug 2, 2013 3:48am Aug 2, 2013 3:48am
Quoting godim
{quote} Experiment a little story. Already the sixth hour the market can not or does not want to break that level. Ask you why? One explanation may be at the H4 chart. See above. But another explanation may be associated with cable or another currency pair? What do you think? {image} Forexcube says there are reasons to think for long. EDIT: While I write and translate price broke above the level, sorry.
Could not do without a breakthrough in the euro. Now let's see if would be enough?
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,102
  • Aug 2, 2013 4:01am Aug 2, 2013 4:01am
weekly.

As you can see prices do travel most of the time making at list 500 to 1000 pips, once the major level is crossed prices are attracted to the next or the medium one.

Of course some period like this one is not travelling in one direction, so we need to adjust and adapt to the market also with TP.

Mostly of the entries will not get there, but only a few will make the difference.
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Wherever you go, there you are.
  • #3,103
  • Aug 2, 2013 4:15am Aug 2, 2013 4:15am
Quoting godim
{quote} Could not do without a breakthrough in the euro. Now let's see if would be enough? {image}
Now concerning the "noise" on the market. This is just such "noise." Something is happening, but in another currency pair. In this case - something happens to the cable.
The euro, however, in M15 - a new trend, while H4 - less noise - NeutralSlope.
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,104
  • Aug 2, 2013 4:23am Aug 2, 2013 4:23am
Quoting godim
{quote} Now concerning the "noise" on the market. This is just such "noise." Something is happening, but in another currency pair. In this case - something happens to the cable. The euro, however, in M15 - a new trend, while H4 - less noise - NeutralSlope. {image}
GBPJPY and GBPCAD
Wherever you go, there you are.
  • #3,105
  • Aug 2, 2013 4:47am Aug 2, 2013 4:47am
Quoting milam
{quote} GBPJPY and GBPCAD
But these are crosses.
eur/gbp
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Here at Major Currency Pairs. Noting
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,106
  • Aug 2, 2013 4:57am Aug 2, 2013 4:57am
Quoting milam
{quote} GBPJPY and GBPCAD
Yes. I looked. Something happens in usd/cad. Yes. Even if it is greater than the cable.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,107
  • Aug 2, 2013 5:09am Aug 2, 2013 5:09am
Quoting godim
{quote} Yes. I looked. Something happens in usd/cad. Yes. Even if it is greater than the cable.
yes, they are selling cad, I am watching cadchf
Wherever you go, there you are.
  • #3,108
  • Aug 2, 2013 5:09am Aug 2, 2013 5:09am
Quoting godim
{quote} Yes. I looked. Something happens in usd/cad. Yes. Even if it is greater than the cable.
Pound rise against the dollar. Dollar increases against cad. Pound/cad much higher. Yes. The most promising trade. She was
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,109
  • Aug 2, 2013 5:20am Aug 2, 2013 5:20am
I think now entering a trade will just be like gambling unless we go for about 5 pips TP. Please correct me if I am wrong.
Wherever you go, there you are.
  • #3,110
  • Aug 2, 2013 5:32am Aug 2, 2013 5:32am
Quoting milam
I think now entering a trade will just be like gambling unless we go for about 5 pips TP. Please correct me if I am wrong.
Forexcube place the orders and went for a walk. Surely this is the most helpful thing we can do.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #3,111
  • Aug 2, 2013 5:46am Aug 2, 2013 5:46am
Hi dudes, I hope you're doing fine.

I know that my drawing is not one of the best but you might understand the bottom line although the situation right now is like flipping a coin.

I have many coinciding numbers in the 1.3142-1.3153 zone. I know that the price may drop much more if all the published data are good but I'll just be happy if we go down there.
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  • #3,112
  • Aug 2, 2013 5:51am Aug 2, 2013 5:51am
And concerning scalping: I'm already happy because I just managed to pick up seven HUGE PIPS, LOL.
  • #3,113
  • Aug 2, 2013 5:54am Aug 2, 2013 5:54am
Quoting godim
{quote} Forexcube place the orders and went for a walk. Surely this is the most helpful thing we can do.
Yes, Forexcube did the right think, at least is gaining some fresh air.

EDIT: I am going to sit down with the kids, it is evening time here, I will be back later.
Wherever you go, there you are.
  • #3,114
  • Aug 2, 2013 5:56am Aug 2, 2013 5:56am
Quoting milam
{quote} Yes, Forexcube did the right think, at least is gaining some fresh air.
Some fresh, 38-degree-Celsius air...
  • #3,115
  • Aug 2, 2013 5:59am Aug 2, 2013 5:59am
coming from outside...the sunny weather is splendid!

EURUSD, M5, 2013 August 02
Scalping
Long @ 1.3202 (2 x 1/10), Targets @ 1.3207, @ 1.3212
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  • #3,116
  • Aug 2, 2013 6:01am Aug 2, 2013 6:01am
...and going in the garden again.
Will look the results later.
Best wishes from Switzerland!
FXcube
  • #3,117
  • Aug 2, 2013 6:09am Aug 2, 2013 6:09am
Quoting Forexcube
coming from outside...the sunny weather is splendid! EURUSD, M5, 2013 August 02 Scalping Long @ 1.3202 (2 x 1/10), Targets @ 1.3207, @ 1.3212 {image}
I just want to congratulate you on the nice trades, dude. Really an excellent job. Keep up the good work and keep posting!
  • #3,118
  • Aug 2, 2013 6:51am Aug 2, 2013 6:51am
If you insist on trading the NFP, then keep this in mind...

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Those who say it cannot be done should not interrupt those who are doing it
  • #3,119
  • Aug 2, 2013 7:02am Aug 2, 2013 7:02am
Quoting Retek
{quote} Some fresh, 38-degree-Celsius air...
Lovely.
Wherever you go, there you are.
  • #3,120
  • Aug 2, 2013 7:38am Aug 2, 2013 7:38am
Normally I don't trade news or payrolls but I already was in a got position so the weak number was very favorable.
Unfortunately my second position was missed by a few pips but that's ok.
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