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Cable Update (GBPUSD)

  • #429,921
  • Apr 28, 2016 9:39am Apr 28, 2016 9:39am
Quoting Magix
{quote} Is the "Buy" button for your terminal out being re-gripped?
Buy buttons with the Mouse getting a new one yet again ..
Thing is Magix i closed my trade early after FOMC - when in reality the system was saying stay in but in my mind i thought the quote leaving the door open from Yellen might have bucked the market but it did not - the system called it right and i .. yes me i closed the trade early and now wait for the proper short after you so rightly stated it travels ontwards to 148 .. but made the monthy target so no complaints ..
  • #429,922
  • Apr 28, 2016 9:44am Apr 28, 2016 9:44am
Quoting don96
{quote} ​do you only use bands for your trades?
bands in long term , ma in scalps
  • #429,923
  • Apr 28, 2016 9:45am Apr 28, 2016 9:45am
Quoting dean1star
{quote} Buy buttons with the Mouse getting a new one yet again .. Thing is Magix i closed my trade early after FOMC - when in reality the system was saying stay in but in my mind i thought the quote leaving the door open from Yellen might have bucked the market but it did not - the system called it right and i .. yes me i closed the trade early and now wait for the proper short after you so rightly stated it travels ontwards to 148 .. but made the monthy target so no complaints ..

All good with me dude...

I certainly ain't trying to get anybody to trade off my charts.

Just when folk say they are waiting for a short, it seemingly indicates that they know a turning point in market.

If you are waiting to short at 46, why not long to 46? (example)

Really, trying to figure out logic of the average John Q Cable.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,924
  • Apr 28, 2016 9:47am Apr 28, 2016 9:47am
My prediction for forex over the coming months.....

Magix and Deanstar1 will have a system to sell for a small monthly subscription fee
  • #429,925
  • Apr 28, 2016 9:52am Apr 28, 2016 9:52am
Quoting Magix
{quote} All good with me dude... I certainly ain't trying to get anybody to trade off my charts. Just when folk say they are waiting for a short, it seemingly indicates that they know a turning point in market. If you are waiting to short at 46, why not long to 46? (example) Really, trying to figure out logic of the average John Q Cable.
Interesting point - part of the gig is discipline - something which took time to understand - i go with the system from point to point. It takes patience and rules which i adhere too - so as i got out early then i have to wait now for the next signal but tell u this next time am staying in lol .. in away its cool to have some free time and sure i miss the end of the trend but closed on 350 pips and will get in on the next one for sure ..
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  • #429,926
  • Apr 28, 2016 9:55am Apr 28, 2016 9:55am
Quoting el_duende
My prediction for forex over the coming months..... Magix and Deanstar1 will have a system to sell for a small monthly subscription fee

Sorry dude, ain't interested in holding your hand...nor anybody else's for that matter.

3 posts since the end of February, all dedicated to me as your only contributions.

You are on a roll!


And don't think you're the first to accuse me of commercial intentions...been happening since I got here.
Still nobody can show any single shred of proof to show that I have billed them for anything.

But ya know...don't let that stop you from being a kb warrior.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,927
  • Apr 28, 2016 9:58am Apr 28, 2016 9:58am
Quoting el_duende
My prediction for forex over the coming months..... Magix and Deanstar1 will have a system to sell for a small monthly subscription fee
Ah the magical Spanish Duende .. well maybe your right .. maybe your not .. lol
  • #429,928
  • Apr 28, 2016 10:03am Apr 28, 2016 10:03am
Quoting PatienceFx
does anyone have an indicator which shows daily pips collected or lost i think i need a good statistical tool to improve my own trading {image}

Excel. Trade. Journal. (Or openoffice...)
"Holy Grail" exists - accepting where is the first step.
  • #429,929
  • Apr 28, 2016 10:05am Apr 28, 2016 10:05am
You are both very defensive hope I didn't hit a nerve.

I'm looking out for the newbie guys on this forum and I'm good at spotting patterns of behaviour.

Have you started your new thread yet or your trade explorer?
  • #429,930
  • Apr 28, 2016 10:11am Apr 28, 2016 10:11am
Quoting el_duende
You are both very defensive hope I didn't hit a nerve. I'm looking out for the newbie guys on this forum and I'm good at spotting patterns of behaviour. Have you started your new thread yet or your trade explorer?
No nerve hitting with me for sure .. just taking time to research and stuff ..

Big Charlie Chaplin fan some of his early stuff circa 1914 - 1916 is just fcking awesome, Stands the test of time totally.

Have thought about trade explorer - but just happy posting trades as i take them which is probably as close as i will get to it ..
You have some cool history with this place must of seen alot of traders come and go hey ..
  • #429,931
  • Apr 28, 2016 10:12am Apr 28, 2016 10:12am
#4

Quoting el_duende
You are both very defensive hope I didn't hit a nerve.


Quoting el_duende
Have you started your new thread yet or your trade explorer?
The EA has been running and was released as a trial version on this thread HERE. (a work in progress)

Are you looking for some trade assistance?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,932
  • Apr 28, 2016 10:21am Apr 28, 2016 10:21am
Quoting Magix
{quote} Is the "Buy" button for your terminal out being re-gripped?
If you are not afraid of buying into the resistance ahead.
Do your homework, follow the footprints of smart money
  • #429,933
  • Apr 28, 2016 10:22am Apr 28, 2016 10:22am
Quoting Magix
{quote} All good with me dude... I certainly ain't trying to get anybody to trade off my charts. Just when folk say they are waiting for a short, it seemingly indicates that they know a turning point in market. If you are waiting to short at 46, why not long to 46? (example) Really, trying to figure out logic of the average John Q Cable.
Because entries on the long may have been and passed ? - not trying to dig or anything, just that's what I do
  • #429,934
  • Apr 28, 2016 10:24am Apr 28, 2016 10:24am
Quoting KeenPips
{quote} If you are not afraid of buying into the resistance ahead.
If you are afraid to buy in a long market, I suggest you sit out.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,935
  • Apr 28, 2016 10:28am Apr 28, 2016 10:28am
Quoting Magix
{quote} If you are afraid to buy in a long market, I suggest you sit out.


How long is long? Check your daily and weekly charts. The GU is in a resistance zone. So need to wait for right pa imho. No puns intended.

KP
Do your homework, follow the footprints of smart money
  • #429,936
  • Apr 28, 2016 10:39am Apr 28, 2016 10:39am
Quoting KeenPips
{quote} How long is long? Check your daily and weekly charts. The GU is in a resistance zone. So need to wait for right pa imho. No puns intended. KP
Dafuq you talking about?

Uncontested weekly high is the immediate resistance, 4632.

Given's how most of you talk 100s of pip trades and end up with single digit profits to negatives, there's a whooooooooooooooole lotta space to that.

After that...4632 is still above the Weekly/Monthly demand zone and next supply isn't until 4810.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,937
  • Edited 10:56am Apr 28, 2016 10:44am | Edited 10:56am
Quoting Magix
{quote} Dafuq you talking about? Uncontested weekly high is the immediate resistance, 4632. Given's how most of you talk 100s of pip trades and end up with single digit profits to negatives, there's a whooooooooooooooole lotta space to that. After that...4632 is still above the Weekly/Monthly demand zone and next supply isn't until 4810.
without lower than 1.445x closes I have that even on hour TF, minimal 1.47x up to 1.4814x for bulls, even 1.43x provides same figures. high has to be taken though, not sure it will be done today/tonight, doubt 1.4618 will hold for much longer
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  • #429,938
  • Apr 28, 2016 10:46am Apr 28, 2016 10:46am
Check it...


HERE
HERE
HERE
HERE

Every turn called almost to the EXACT pip, with exception of an unplayable extension during FOMC.

Seriously...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,939
  • Apr 28, 2016 10:58am Apr 28, 2016 10:58am
Quoting Magix
Check it... HERE HERE HERE HERE Every turn called almost to the EXACT pip, with exception of an unplayable extension during FOMC. Seriously...
and as much as I didn't/don't like the way you said other people are wrong etc and you have massive ego, Ive got to give your charts/calls a tiny bit of credit
  • #429,940
  • Apr 28, 2016 10:59am Apr 28, 2016 10:59am
Den placed a perfect trade post FOMC into the H4 candle which was absorption of selling pressure.

On H4 clearly seen previous resistance turns into support now on absorption of selling pressure.

I agree with Magix that there is a whole load of interest lying overhead.

In fact if you zoom out to daily looks like GU is just building a base to shoot higher.

Even M5 if you check out all the dips meet buyers and GU pushes higher.

We didn't break this week high yet but a pretty strong close is coming up this session LO tmrw can take out the high.
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