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Cable Update (GBPUSD)

  • #365,561
  • Edited 10:14pm Feb 23, 2014 9:52pm | Edited 10:14pm
Quoting acit
{quote} Hi Can u share you indicators and template? Ur entry and exit looks direct and simple to understand. Thanks
Its a bit more complicated in terms of having to learn and adopt to it..I use 3rd Generation Moving Average and 10.2 TMA slope true (non-repaint)

Both indicators are available to download for free in the public domain.

When the price is below/above the MA and candle open is at +/- 0.33 TMA histogram for the GBP Its an entry.

There is no template.. its just this 2 indicators plus the things, I drew.

I use statistical probability of success combined with other currencies that compliment it, and able to absorb losses to limit the risk and increase the profit.
There are those who know, and there are those who don't know.
  • #365,562
  • Feb 23, 2014 11:11pm Feb 23, 2014 11:11pm
Quoting Citiboy
Thought it was kinda funny... on House of Cards on the episode where tusk testifies Bloomberg TV shows GBP as down 1.56%.
Worth Watching. K2 lethal mountain climbing while PA is going nowhere.Stunning scenery and compelling story.
http://movies.netflix.com/WiPlayer?m...81a436-2838577
In trading, you have to be defensive and aggressive at the same time
  • #365,563
  • Feb 24, 2014 12:33am Feb 24, 2014 12:33am
try to get small long from here, it may a good starting of the week.
Expected 1.67ish before any big move
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  • #365,564
  • Feb 24, 2014 12:45am Feb 24, 2014 12:45am
Quoting palabara
{quote} Its a bit more complicated in terms of having to learn and adopt to it..I use 3rd Generation Moving Average and 10.2 TMA slope true (non-repaint) Both indicators are available to download for free in the public domain. When the price is below/above the MA and candle open is at +/- 0.33 TMA histogram for the GBP Its an entry. There is no template.. its just this 2 indicators plus the things, I drew. I use statistical probability of success combined with other currencies that compliment it, and able to absorb losses to limit the risk and increase...
Nice share indeed 👍
  • #365,565
  • Feb 24, 2014 2:05am Feb 24, 2014 2:05am
what happended ???????? 30 pips down in a min ???
  • #365,566
  • Feb 24, 2014 2:07am Feb 24, 2014 2:07am
Quoting sERDAr
what happended ???????? 30 pips down in a min ???
The London stock market opened, causing a lot of adjustment since official close Friday night. I don't think there's any more to it in the absence of news. Obviously the previous 2 hours had seen quite a rally which began 2200 GMT Sunday when forex trading got going again
  • #365,567
  • Feb 24, 2014 2:12am Feb 24, 2014 2:12am
If we close below 66 today, I think it's curtains for the pound this month.
Come with me if you want to live....
  • #365,568
  • Feb 24, 2014 2:31am Feb 24, 2014 2:31am
Hello thread readers

This move off 6823 hi has bee3n made up off strong bounces/rallies as it fell to a new low and then selling to a new low...so in this moment we have another strong bounce off this morning's present low...@ 38.2% 6250-6823,,,under here 23.6% 5853-6823 is at 6593. Forexlive.com saying strong bids into 6600.

Best Wishes.
it's all gone a bit........
  • #365,569
  • Feb 24, 2014 2:34am Feb 24, 2014 2:34am
Support : 1.6603 - For resume the down move,we need close below
  • #365,570
  • Feb 24, 2014 2:47am Feb 24, 2014 2:47am
Quoting DailyChart
Support : 1.6603 - For resume the down move,we need close below
Hold or Break - If the support hold then I am just need cut my loss short and long for ride the profits again


Regards
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  • #365,571
  • Feb 24, 2014 2:54am Feb 24, 2014 2:54am
gbp usd trolling
Everything you want lies on the other side of fear.
  • #365,572
  • Feb 24, 2014 2:55am Feb 24, 2014 2:55am
daily
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it's all gone a bit........
  • #365,573
  • Feb 24, 2014 3:08am Feb 24, 2014 3:08am
I hope bears are booking some on the dips - JAN high 668 back in scope - gl
  • #365,574
  • Feb 24, 2014 3:15am Feb 24, 2014 3:15am
Quoting petetong
daily {image}
At last someone spots the rejection of the January high, 38.2% retrace and 1.66, in an uptrend.
Gone to a better place
  • #365,575
  • Feb 24, 2014 3:15am Feb 24, 2014 3:15am
what a classic chart on M5,just like cable used to be.
no other killers to me but emotion
  • #365,576
  • Feb 24, 2014 3:16am Feb 24, 2014 3:16am
this pair is worse than a pendullum. not even a a pendullum swings so rapidly
  • #365,577
  • Feb 24, 2014 3:27am Feb 24, 2014 3:27am
something we don't know is immensely screwed up with sterling.
BOE is f*ing around with words again to sustain a level of high pound value for some reason.
  • #365,578
  • Feb 24, 2014 3:33am Feb 24, 2014 3:33am
Hello, yes I had it as a possible resistance turns to support area on daily with the fib and several sources were advising calling strong bids there too so when 30min formed the pinbar it had to be a buy.

Best Wishes.

Quoting smikester
{quote} At last someone spots the rejection of the January high, 38.2% retrace and 1.66, in an uptrend.
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it's all gone a bit........
  • #365,579
  • Feb 24, 2014 3:35am Feb 24, 2014 3:35am
as long as it moves it doesn't matter why - I was taught just to trade what I see from the charts and not to try and figure out why it does what it does - it will screw with your head lol.

Best Wishes

Quoting shon9178
something we don't know is immensely screwed up with sterling. BOE is f*ing around with words again to sustain a level of high pound value for some reason.
it's all gone a bit........
  • #365,580
  • Feb 24, 2014 3:36am Feb 24, 2014 3:36am
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