Cable Update (GBPUSD)

Quoting nAVIN2007

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{quote} all this time u have been posting long scenero but yur short?? why

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Quoting Davit

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{quote} I choose 200SMA on all time frame.I use it on daily and weekly predominately, mostly to get an idea where institutional Traders are.They often use 200MA as floating S/R To me smaller then daily becomes irrelevant. For example on weekly its right on major S/R confluence zone 1.57 I do anticipate limit institutional buys waiting there.We always have to be aware that Big players move the market and not retail.Anticipating their positions are helpful. {image}

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Quoting iqyu5an

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on chart... blue is sell zone ( agree ) but below blue...i don't think so mate ( i did sell on i don't like being a middle. top is top .. bottom is bottom. i will take both bull and bear ... ( i often say that ). is there straightline in this biz ? just like our life... no straight line. say in harmonic pattern..take simple thing like ABCD , we can trade ab leg, bc leg , cd leg or trade on D . is it ? *** {quote}

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Quoting nAVIN2007

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{quote} am surprised because all i see from u is bull setups but yur short with conviction

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Quoting iqyu5an

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coz when ppl talking sell.. i already sell ... like i said .. i don't like being middle . top is top .. bottom is bottom. no straighline and i could be wrong also i follow my own fib ( already post here ). once they arrive in certain level on my fib... most of the time ..they will give reaction ... but sometimes not too hehehhe {quote}

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Quoting iqyu5an

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coz when ppl talking sell.. i already sell ... like i said .. i don't like being middle . top is top .. bottom is bottom. no straighline and i could be wrong also i follow my own fib ( already post here ). once they arrive in certain level on my fib... most of the time ..they will give reaction ... but sometimes not too hehehhe {quote}

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Quoting Baggi

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{quote} I understand that, I'm just trying to figure out what the number in the "period" area should be. It's a 200 day moving average, right? So under the 1 hour, is it 2400? 24 hours in a day x 200 days? Wait, maybe that's 4800? Sorry, my math isn't that great. I hope you understand what I'm asking.

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Quoting nAVIN2007

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{quote}

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Quoting iqyu5an

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mate... i learnt from u everything but am not crazy like you to hold certain position.... am just a chicken ..... thank you for the past {quote}

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Quoting Cultured

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{quote} 200 is what you enter, this will then relate to whatever time frame you have open.

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Quoting nAVIN2007

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{quote} thank u for your words but yur being humble bro!!..we learn from each other bro...one thing i have realised about trading is any1 can do it..if they accept that progress comes from screen time and remembering patterns ofcourse mm going to help u not blow an account also thank u for yur past posting, it has helped me as well, much more than u realise

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Quoting petetong

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a fall in Uk cpi/rpi expected in 30mins...might be bearish for £ ? we'll see...Navin/Darit must be getting quite hopeful that your long term shorts may get back into the green ? Good luck to you guys on those. I have posted 4hr chart below. Best Wishes. {image}

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Quoting iqyu5an

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http://www.youtube.com/watch?v=xGbnua2kSa8 {quote}

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