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Cable Update (GBPUSD)

  • #369,461
  • Mar 27, 2014 4:45am Mar 27, 2014 4:45am
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dont think 1670 is on the cards look to short at the 61 fib 66800 ish
  • #369,462
  • Mar 27, 2014 4:50am Mar 27, 2014 4:50am
support at the broken falling trend line on 4hr after pullback from yesterday's high, and then the Uk retail sales figure did the rest of damage to the bears who sold the pullback up from 6465.

Best Wishes
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it's all gone a bit........
  • #369,463
  • Mar 27, 2014 4:50am Mar 27, 2014 4:50am
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big gap needs filling the 66400 ai had in a fib number should be safe to big lot short 20 pips, risky thou,the numers out on the news were well above consensus,
  • #369,464
  • Mar 27, 2014 4:51am Mar 27, 2014 4:51am
overbid. it already is at a significant premium to the usd. why stuff more pips into this bloated pig?
  • #369,465
  • Mar 27, 2014 4:51am Mar 27, 2014 4:51am
Thx God
Forex as Leverage
  • #369,466
  • Mar 27, 2014 4:52am Mar 27, 2014 4:52am
Quoting petetong
support at the broken falling trend line on 4hr after pullback from yesterday's high, and then the Uk retail sales figure did the rest of damage to the bears who sold the pullback up from 6465. Best Wishes {image}

very nice chart indeed
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #369,467
  • Mar 27, 2014 4:53am Mar 27, 2014 4:53am
I love my News_EA.
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  • #369,468
  • Mar 27, 2014 5:00am Mar 27, 2014 5:00am
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could break, into range mode or that 6640 could be res and a sell off. i am trying short big lot sl on the 6640 us news 12.30 could re balance it back down ???? thats it i am off to buy the beer
  • #369,469
  • Mar 27, 2014 5:03am Mar 27, 2014 5:03am
Quoting Jure86
I love my News_EA. {image}

What ea is that? mind sharing?
Patience, let the market come to you!
  • #369,470
  • Mar 27, 2014 5:20am Mar 27, 2014 5:20am
Quoting Jure86
I love my News_EA. {image}
i too benefited from this spike upwards just entry long and got a nice surprise
mind sharing which news ea you are using?
  • #369,471
  • Edited 5:36am Mar 27, 2014 5:24am | Edited 5:36am
Quoting dashisiong
{quote} What ea is that? mind sharing?
I wrote this EA myself and I will not share it for free. Even if I sell it is worth lots of $ for me.
Inserted Code
*****place pending orders*****
extern int Hour=12;
extern int Minute=29;
extern int Second1=55;
extern int Second2=59;
extern double Pips_away=10.0;
extern double SL=10.0;
extern double Lots=5.0;
 
*****close pending orders*****
 
extern int Hour_close_pending=12;
extern int Minute_close_pending=31;
 
*****trade*****
extern int Time_close_trade=5;
extern double Lots_close_trade=2.2;


EAs inputs:
Time (Hour:Minute:Second1/Second2) when EA place two pending orders (BUY/SELL STOP), pips away from current price, StopLose and Lots. It place it between Second1 and second2.
If pending orders are not activated they are deleted at time more then hour and minute (Hour_close_pending and Minute_close_pending).
With my broker trade has to be opened at least 5min (Time_close_trade) and this is when EA close part of trade (Lots_close _trade and it closes trade until trade lots are less the Lots_close_trade, this is because with my broker my trade closed profit must not be more the 10% of deposit) and move SL to Breakeven.
  • #369,472
  • Mar 27, 2014 5:31am Mar 27, 2014 5:31am
zzzzz got my face ripped off in that upswing... NEVER AGAIN.... Anyways, shorts closed...
Trade what you see, not what you think!
  • #369,473
  • Mar 27, 2014 5:45am Mar 27, 2014 5:45am
am too worry...! i have sell on 1.6512 and 1.6550. any body help me please what i will have to do. :-(
  • #369,474
  • Mar 27, 2014 6:16am Mar 27, 2014 6:16am
Quoting bilalkhan007
am too worry...! i have sell on 1.6512 and 1.6550. any body help me please what i will have to do. :-(
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hi welcome, nobody will tell you what to do, that has to be your choice , you nedd to do your own planning, and you can take opinions from the forum, it is ranging now on the small times you need to make your mind up with ta, gl
  • #369,475
  • Mar 27, 2014 6:23am Mar 27, 2014 6:23am
Quoting bilalkhan007
am too worry...! i have sell on 1.6512 and 1.6550. any body help me please what i will have to do. :-(
are you away of the news coming up that will probably move the price,??? check this site but dont take full notice of what you read, again gather opinions, there tec ana, is good for giving you r/s numbers if you are not sure, you will find traders here helpful , but you will find other too ?????????????http://www.fxstreet.com/economic-calendar/
  • #369,476
  • Mar 27, 2014 6:28am Mar 27, 2014 6:28am
Quoting elbert3
{quote} {image} hi welcome, nobody will tell you what to do, that has to be your choice , you nedd to do your own planning, and you can take opinions from the forum, it is ranging now on the small times you need to make your mind up with ta, gl
your using a DEMO account... why you posting them here?
  • #369,477
  • Mar 27, 2014 6:36am Mar 27, 2014 6:36am
Quoting bilalkhan007
am too worry...! i have sell on 1.6512 and 1.6550. any body help me please what i will have to do. :-(
Two things you can do now:

1) close them for a loss
2) wait and hope

Only you can choose what to do
  • #369,478
  • Mar 27, 2014 6:41am Mar 27, 2014 6:41am
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  • #369,479
  • Mar 27, 2014 6:43am Mar 27, 2014 6:43am
Quoting Kofx
{quote} your using a DEMO account... why you posting them here?
sorry what do you mean i see your new . regards
  • #369,480
  • Mar 27, 2014 6:51am Mar 27, 2014 6:51am
6656 is the next resistance
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