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Cable Update (GBPUSD)

  • #394,681
  • Aug 25, 2014 12:46am Aug 25, 2014 12:46am
Quoting elbert3
{quote} {image} on the monthly it shows bull to me but being the monthly any retrace to ema lines are quite long,eg the price i quoted before ,if you think i always say about 20 ema,,this is where i get 6350 from ,,but it is showing an indi arrow this looks like it want price to be 1.82,??? there's a thought .

I got 62xx on my black 55ema right on 2012/2013 resistance turned support.
Looking historically over the years pre and post crisis, it clearly has had relevance
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Come with me if you want to live....
  • #394,682
  • Aug 25, 2014 12:48am Aug 25, 2014 12:48am
Quoting nAVIN2007
{quote} u are saying this because your moving averages are below price..this is one of the reason why i dont use them much..we develop a bias..it will be interesting billy to see if it bounces..good luck m8
Are you suggesting that you trade without a bias nAV?
Come with me if you want to live....
  • #394,683
  • Aug 25, 2014 1:04am Aug 25, 2014 1:04am
Quoting elbert3
{quote} like to see 6635
Good question. 1.6470 before or after that? Smart money keeps the peasants guessing once again
Fix up, trade sharp ...
  • #394,684
  • Aug 25, 2014 1:20am Aug 25, 2014 1:20am
Quoting Hickson
{quote} Good question. 1.6470 before or after that? Smart money keeps the peasants guessing once again
Before, Now i go to sleep
A good trader follows his rules, but great trader knows when to break them
  • #394,685
  • Aug 25, 2014 2:51am Aug 25, 2014 2:51am
Guys I'm trying to load my pivot points on to MetraderFXPro but have noticed the ExpertAdvisor page is different, for some reason the pivots are not coming out... Think it has something to do with image... see 2 diff metatrader platforms and FXPro doesn;t offer the True Or False for different timeframes, anyone have any idea what I need to do??? Cheers

R
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  • #394,686
  • Aug 25, 2014 3:05am Aug 25, 2014 3:05am
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morning looking to go up and break out
  • #394,687
  • Aug 25, 2014 3:08am Aug 25, 2014 3:08am
Morning all, scaled in again 1.6539 I remain long
Peace & Pips
  • #394,688
  • Aug 25, 2014 3:23am Aug 25, 2014 3:23am
Quoting Ill-b-back
{quote} Are you suggesting that you trade without a bias nAV?
well when u poisition trade..u have to have a bias but for me moving averages generally contradict the direction i feel the sum bitch is heading
nothing wrong with a bias so long as it doesnt change yur rules

I guess what i am saying is when i have no moving average on my chart i feel my analysis is different to when i do have them which causes conflict in me
  • #394,689
  • Aug 25, 2014 3:25am Aug 25, 2014 3:25am
entered long 65765 sl 15 tp 6634 ; ea on vps will manage my stop, going offline now

placed sell limit at 1.66360 for return trip to 6450..

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  • #394,690
  • Aug 25, 2014 3:26am Aug 25, 2014 3:26am
6577.6600,6620,6640
  • #394,691
  • Aug 25, 2014 3:28am Aug 25, 2014 3:28am
Quoting elbert3
{image} morning looking to go up and break out

Won't be surprised. The gap was terminated by EMA50 on the weekly. That's a wake-up call for the bulls. PA is currently at EMA200 on M15. We should get a clue from here
  • #394,692
  • Aug 25, 2014 4:08am Aug 25, 2014 4:08am
Obviously do or die for Sterling ... Maybe I should have remained long lol, but I do not have millions to scalp with. Took another long at this level here, that is what you get from opening tiny positions after taking losses ... you will be right. Kidding of course.

https://charts.mql5.com/5/524/gbpusd...fx-fx-cfds.png
Fix up, trade sharp ...
  • #394,693
  • Aug 25, 2014 4:23am Aug 25, 2014 4:23am
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  • #394,694
  • Edited 4:38am Aug 25, 2014 4:27am | Edited 4:38am
Quoting Bydyke
{quote} Won't be surprised. The gap was terminated by EMA50 on the weekly. That's a wake-up call for the bulls. PA is currently at EMA200 on M15. We should get a clue from here
we seem to think on the same lines.
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still short based 20 ema red break this then we hava a run that could,could take us to the 50,, the weekly has cross over 10/20 emas so that gives some strength to shorts but we look to retrace now to the day 10 ema option at 6640 i have read this morning
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  • #394,695
  • Aug 25, 2014 4:50am Aug 25, 2014 4:50am
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  • #394,696
  • Aug 25, 2014 4:59am Aug 25, 2014 4:59am
looks like we took out 584 6620 now ?? fingers crossed
  • #394,697
  • Aug 25, 2014 5:16am Aug 25, 2014 5:16am
Quoting PatienceFx
entered long 65765 sl 15 tp 6634 ; ea on vps will manage my stop, going offline now placed sell limit at 1.66360 for return trip to 6450.. {image}
Quote
entered long 65765 sl 15 tp 6634 ; ea on vps will manage my stop, going offline now

sl 15 be on 15 pips then bums crossed till tp hits
  • #394,698
  • Aug 25, 2014 5:38am Aug 25, 2014 5:38am
tuk
  • #394,699
  • Aug 25, 2014 5:38am Aug 25, 2014 5:38am
GBPUSD set for a rebound from my analysis, watch out for possible bounces from 1.6570 or better still a continued upward move.
  • #394,700
  • Aug 25, 2014 5:39am Aug 25, 2014 5:39am
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