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Cable Update (GBPUSD)

  • #413,681
  • Apr 21, 2015 3:56am Apr 21, 2015 3:56am
Quoting Dano12
{quote} correction to need to finish
The North American monetary union is a theoretical economic and monetary union of three North American countries: Canada, the United States and Mexico.
Implementation would involve the three countries giving up their current currency units (U.S. dollar, Canadian dollar, and Mexican peso) and adopting a new one, created specifically for this purpose (some versions of the theory, particularly those circulating in Canada, assume only the United States and Canada would be included). The hypothetical currency for the union is most often referred to as the amero.[1][2] The concept is modeled on the common European Union currency (the euro), and it is argued to be a natural extension of the North American Free Trade Agreement (NAFTA) and the Security and Prosperity Partnership of North America (SPP).
  • #413,682
  • Apr 21, 2015 3:59am Apr 21, 2015 3:59am
Quoting DerekTrotter
{quote} The North American monetary union is a theoretical economic and monetary union of three North American countries: Canada, the United States and Mexico. Implementation would involve the three countries giving up their current currency units (U.S....
This, so far only a fairy tale
  • #413,683
  • Apr 21, 2015 4:00am Apr 21, 2015 4:00am
Quoting Dano12
{quote} This, so far only a fairy tale
- u wanna see fairies chill at midnight in ur garden maybe u get lucky maybe u dont ..
  • #413,684
  • Apr 21, 2015 4:01am Apr 21, 2015 4:01am
Quoting elbert3
long 55 sl on 49 come on
easy pips to 85,, try again
  • #413,685
  • Apr 21, 2015 4:02am Apr 21, 2015 4:02am
Quoting Dano12
{quote} 5 min before macro data confirm, whether better or worse I bet better data now I bet they will be better
now thats a fairy tale lol
  • #413,686
  • Apr 21, 2015 4:10am Apr 21, 2015 4:10am
Quoting DerekTrotter
{quote} now thats a fairy tale lol
was that on April 1st,lol
  • #413,687
  • Apr 21, 2015 4:21am Apr 21, 2015 4:21am
Quoting elbert3
{quote} was that on April 1st,lol
its either brothers grim or grim with a reaper lol flip a coin similar todays move
as they say at the Shed ..

Its all gone quiet over there ...

was born a blue lol ..
  • #413,688
  • Apr 21, 2015 4:29am Apr 21, 2015 4:29am
This 30mi candle closes below 4880, then tun up to 5220
Forex, awful to watch, AWESOME to play
  • #413,689
  • Apr 21, 2015 4:40am Apr 21, 2015 4:40am
Quoting DerekTrotter
{quote} its either brothers grim or grim with a reaper lol flip a coin similar todays move as they say at the Shed .. Its all gone quiet over there ... was born a blue lol ..
your scouse then ??? is it everton,,
  • #413,690
  • Apr 21, 2015 4:48am Apr 21, 2015 4:48am
Well had some really cool moments under the clock at highbury - lol
That was before it became the emirates social club..

Tell u what tho bless him but Dickie Attenborough was a life long fan -
Clarkson appears when he feels like shouting - which is most of the time

And my DAD once met Steve Mcqueen in the Terraces mid sixties - he was in UK taking driving lessons from Brit who incidently was so fast that he made it onto the get away team for the GTR - great train robbery .. how colourfull is history hey Elbert
  • #413,691
  • Apr 21, 2015 4:50am Apr 21, 2015 4:50am
i see a potentially rising wedge, if this candle on M5 is break the support of the rising wedge then it's confirmed.
  • #413,692
  • Apr 21, 2015 4:52am Apr 21, 2015 4:52am
EUR ZEW 64,863,762,4
  • #413,693
  • Apr 21, 2015 4:58am Apr 21, 2015 4:58am
Quoting Dano12
EUR ZEW 64,863,762,4
Cool so Bubba wheres this big move then - is it coming
ba da bada bing
  • #413,694
  • Apr 21, 2015 5:05am Apr 21, 2015 5:05am
Quoting DerekTrotter
{quote} Cool so Bubba wheres this big move then - is it coming ba da bada bing

now resistance 1,4890 14910
  • #413,695
  • Apr 21, 2015 5:13am Apr 21, 2015 5:13am
Quoting elbert3
{quote} so where do we go 4725 , or 5000 ,, morning
1.50-51 is most likely and i am long from last dip you can check my previous posts.
and i am still Long until i see 1.53
just my trades I CAN BE WRONG.

Thank you
Don't compare your Trades with Others
  • #413,696
  • Apr 21, 2015 5:41am Apr 21, 2015 5:41am
Quoting DubaiFX
{quote} 1.50-51 is most likely and i am long from last dip you can check my previous posts. and i am still Long until i see 1.53 just my trades I CAN BE WRONG. Thank you
we can and are wrong at times , 4 hour is hanging in there for now, but a few months ago the 4 hour emas for me showed long then dropped , hence my caution ,,
Attached Image (click to enlarge)
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for me ema set up yellow 50 ema on the bottom red 20 middle white 10 on the top,, see the red arrow , you can see where it showed long but then dipped into shorts ema set up in reverse , and now it looks like doing the same thing, but her we have for now 100 ema in blue, but we have 10 and 200 ema crossed on top,,, so at this time i trade with caution need the 5 min chart to stay emas set up to keep long ,, but one has to trade their own trade,,
Attached Image (click to enlarge)
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regards E
  • #413,697
  • Apr 21, 2015 5:43am Apr 21, 2015 5:43am
Cable 4hr candle which ends in 15min, is finding support on Weekly Pivot here at 4859.
Attached Image
Forex, awful to watch, AWESOME to play
  • #413,698
  • Apr 21, 2015 5:43am Apr 21, 2015 5:43am
Attached Image (click to enlarge)
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  • #413,699
  • Apr 21, 2015 5:56am Apr 21, 2015 5:56am
Quoting Ill-b-back
{quote} I usually find my TL or break lines coincide with S/R - Fib areas so there is no need for curb fitting. You may not agree with my pitchfork and break line rationale but don't assume I pull them out of thin air. When I see a clear reversal break of important S/R with aggressive candle action, (Preferably off important S/R) that's when I change my bias. Until then I go with the flow trading retraces against the trend as demonstrated for good R/R trades edging my way towards projected longer term target, taking profit as I go. I try to keep...
OK, so far, I got this:
1- U use daily and weekly TFs
2- U do take into account the major S/R levels and FIBOs
3- U wait till major S/R levels are broken then u work on the reversal-retracements.
Am I right ?

If I am right, then this is a GOOD strategy, maybe u can explain more on each chart u post so that we all get it coz for some of us who r new, we kind'a get puzzled with all these lines connecting tops and bottoms.

Cheers
  • #413,700
  • Apr 21, 2015 6:05am Apr 21, 2015 6:05am
Quoting Tradezilla
{quote} OK, so far, I got this: 1- U use daily and weekly TFs 2- U do take into account the major S/R levels and FIBOs 3- U wait till major S/R levels are broken then u work on the reversal-retracements. Am I right ? If I am right, then this is a GOOD strategy, maybe u can explain more on each chart u post so that we all get it coz for some of us who r new, we kind'a get puzzled with all these lines connecting tops and bottoms. Cheers
hi looks like IB has been teaching you,, there are shed load of ways traders use to trade, and i think over time you have to find a way that you can understand your own thinking and even then you can get it wrong, IB s trading style would not suit me as it might not you or others,. i have just put up a brief way i look to trade , but at times i go against my own way of thinking . gl regards E
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