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Cable Update (GBPUSD)

  • #392,081
  • Aug 8, 2014 3:02am Aug 8, 2014 3:02am
Quoting elbert3
{quote} 8000 is only a mind number
u're damn right. the closer for me is 1.68290...
  • #392,082
  • Aug 8, 2014 3:12am Aug 8, 2014 3:12am
decent wick, then a doji , now a new low - I'd say a bounce is on

GU H4
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.PNG Size: 24 KB
  • #392,083
  • Aug 8, 2014 3:19am Aug 8, 2014 3:19am
Quoting chazzle
decent wick, then a doji , now a new low - I'd say a bounce is on GU H4 {image}
@chazzle:

I remain short

1.6760 -take profit

HDA OUT
  • #392,084
  • Aug 8, 2014 3:20am Aug 8, 2014 3:20am
Quoting chazzle
decent wick, then a doji , now a new low - I'd say a bounce is on GU H4 {image}
Hi Chaz, 807 was the support number lets see if it acts as res now??
  • #392,085
  • Aug 8, 2014 3:22am Aug 8, 2014 3:22am
H4 inverted hammer ?
Attached Image
Hear the music before the song is over ...
  • #392,086
  • Aug 8, 2014 3:23am Aug 8, 2014 3:23am
Quoting chazzle
decent wick, then a doji , now a new low - I'd say a bounce is on GU H4 {image}
Morning Chazzle It's amazing how vastly different the 4H can be between feeds.
Ghost Rider - WWTBMD?
  • #392,087
  • Aug 8, 2014 3:24am Aug 8, 2014 3:24am
Im out of the sell.
Trading 24/h
  • #392,088
  • Aug 8, 2014 3:26am Aug 8, 2014 3:26am
Quoting HDA
{quote} @chazzle: I remain short 1.6760 -take profit HDA OUT
Ok , I'm long from 802 with 860/910 in sight - 750 is a risk I admit, but won't worry so much if I stay green
  • #392,089
  • Aug 8, 2014 3:29am Aug 8, 2014 3:29am
Quoting albchr
{quote} Morning Chazzle It's amazing how vastly different the 4H can be between feeds.
mine is london time - i think practically everyone else on FF uses london+1 - I'm not saying who's right/wrong - the whole thing is a mystery to me - I remember Azim doing TA on Malaysian time/feed - and still calling it correct - who am I to argue?
  • #392,090
  • Aug 8, 2014 3:29am Aug 8, 2014 3:29am
Quoting HDA
{quote} @chazzle: I remain short 1.6760 -take profit HDA OUT
Good Morning HDA

A question if I may. Your TP of 1.6760 is much like your previous TP of 1.7000 meaning, it leaves room for further downside...correct?

I ask because I see it can reach lower than 1.6760.
Ghost Rider - WWTBMD?
  • #392,091
  • Aug 8, 2014 3:33am Aug 8, 2014 3:33am
o my god balls ??
  • #392,092
  • Aug 8, 2014 3:33am Aug 8, 2014 3:33am
Quoting chazzle
{quote} mine is london time - i think practically everyone else on FF uses london+1 - I'm not saying who's right/wrong - the whole thing is a mystery to me - I remember Azim doing TA on Malaysian time/feed - and still calling it correct - who am I to argue?
Oh I'm by no means comparing which is right or wrong. In fact, it matters not as price is the only important factor anyway. Regardless of which TF it's "viewed" on.

I'll trade my 4H only because I'm used to seeing "mine". But I very seldom post it just because of the very issue you mention. Personally, until all brokers use the same daily open, I think the 4H should be abolished...LOL
Ghost Rider - WWTBMD?
  • #392,093
  • Aug 8, 2014 3:33am Aug 8, 2014 3:33am
Quoting chazzle
{quote} Ok , I'm long from 802 with 860/910 in sight - 750 is a risk I admit, but won't worry so much if I stay green
@chazzle:

That's it chazzle, trade your plan regardless of what the room is saying. We must always trade our plan.

If you see it, trade It



I will continue to remain short

1.6760-take profit

HDA OUT
  • #392,094
  • Aug 8, 2014 3:37am Aug 8, 2014 3:37am
Quoting elbert3
{quote} Hi Chaz, 807 was the support number lets see if it acts as res now??
only a couple of H1 bars closing below it - most notably the LO H - all of which was wiped out in the subsequent hour. I have May/July swing fib line in sand (76.8) at 809 and good price/mom. divergence on H4
  • #392,095
  • Aug 8, 2014 3:38am Aug 8, 2014 3:38am
Quoting HDA
{quote} @chazzle: That's it chazzle, trade your plan regardless of what the room is saying. We must always trade our plan. If you see it, trade It I will continue to remain short 1.6760-take profit HDA OUT
i feel sick,,but i am trying to trade it with conviction , the doji meant 0,,it was not on a s/r line nor fib number ,,1 candle tells a tail many candles tell the story ?
  • #392,096
  • Aug 8, 2014 3:41am Aug 8, 2014 3:41am
Quoting albchr
{quote} Good Morning HDA A question if I may. Your TP of 1.6760 is much like your previous TP of 1.7000 meaning, it leaves room for further downside...correct? I ask because I see it can reach lower than 1.6760.
@albchr:

Good Morning, FF's very own "KING OF COMEDY"

You are correct, but I've trained myself to control my greed by getting out early.

I tell myself, don't try and get everything, there will be more to come from my next trade. So I don't put mental pressure on myself trying to grow my account quickly, but instead, just growing it gradually

The market isn't going anywhere

Hope that explanation helps



HDA OUT
  • #392,097
  • Aug 8, 2014 3:41am Aug 8, 2014 3:41am
Quoting HDA
That's it, trade your plan regardless
can never repeat enough these gems enough, all the best HDA
  • #392,098
  • Aug 8, 2014 3:45am Aug 8, 2014 3:45am
Quoting chazzle
{quote} can never repeat enough these gems enough, all the best HDA
  • #392,099
  • Aug 8, 2014 3:49am Aug 8, 2014 3:49am
Quoting elbert3
the doji meant 0,,it was not on a s/r line nor fib number ,,1 candle tells a tail many candles tell the story ?
feb swing high at 823 - fib 76.8 at 809 - the Doji is smack bang in the middle, and does start forming a story (for me at least) since it proceeds another candle closing in that area with a decent amount of lower wick

GU D1 H4
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: guh4.PNG Size: 28 KB
  • #392,100
  • Aug 8, 2014 3:51am Aug 8, 2014 3:51am
Quoting HDA
{quote} @albchr: Good Morning, FF's very own "KING OF COMEDY" You are correct, but I've trained myself to control my greed by getting out early. I tell myself, don't try and get everything, there will be more to come from my next trade. So I don't put mental pressure on myself trying to grow my account quickly, but instead, just growing it gradually The market isn't going anywhere Hope that explanation helps HDA OUT
Confirms what I was 99.5% sure I knew. Being 100% sure is always much more fun.

Based on that, I do believe I have an idea what your next thoughts are should things work out as Facts.

Thank you sir.

Let's see what happens.
Ghost Rider - WWTBMD?
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