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Cable Update (GBPUSD)

  • #437,761
  • Aug 24, 2016 3:46pm Aug 24, 2016 3:46pm
Quoting Greenstar
ok guys here is a secret that works but don't argue with me about it - look - meaning, look for yourself - I am not available for discussion bec I can't handle it observe that gbp pairs the ones I trade are gbp usd and gbp jpy *show the low or high of the day during the hours Frankfurt open through two or so hours into London* bye
So gb used going down ?
  • #437,762
  • Aug 24, 2016 3:49pm Aug 24, 2016 3:49pm
Ha ha - ok - I came back bec I am so vain - ha ha!

ya 0 it may be that we assume that for the day this is as high as it will get

force is needed you get force during lo = London open

also, black swan and unexpected garbage can interfere

Quoting elbert3
{quote} So gb used going down ?
  • #437,763
  • Aug 24, 2016 3:57pm Aug 24, 2016 3:57pm
best session indicator be sure to look at user notes click modify on the mq4 version I have attached. unless you are a quick study, you will need to put effort into figuring out everything this can do

originally found on a price volume support and resistance analysis thread pvsra
Attached File(s)
File Type: mq4 #2 Access Panel (Black).mq4   163 KB | 276 downloads
  • #437,764
  • Aug 24, 2016 4:25pm Aug 24, 2016 4:25pm
I've been out all afternoon and now just back at my desk to be pleasantly surprised that my Cable trade is still running. I locked in some profit but my target is 1.3310. I am going to leave running over night.
Striving for consistency
  • #437,765
  • Aug 24, 2016 5:10pm Aug 24, 2016 5:10pm
Yes or even higher to 1.36 after Jackson Hole. The Fed does not want to crash the economy with a stronger dollar in an election year. I expect a BIG fake here. GBP/USD and EUR/USD will start to take a beating over the next 2 days. USD/JPY will rise. Then on Friday..... WHAM! The USD will be smashed down and GBP/USD will be heading to 1.36.
Be humble or be humbled.
  • #437,766
  • Aug 24, 2016 7:30pm Aug 24, 2016 7:30pm
Quoting elbert3
{quote} So gb used going down ?
Hey E good to see ya floating around,,,,,,,,,, down,,,,, Id like to think not, I pretty much bet several farms from a little above and a little below 1.30 area, stops all a little in the money now so just watching what happens,,,,,,,,,,,,,,, cant see the ole GBP pound just rolling over and sinking into the depths from here ,, hell the sun still comes up after the end of the world brexit, dont know how you feel about it but it was nice to see the elitists know it alls get their azz kicked ............Anyhoo gbp has slipped above last quarters low , above the 10 day average,,, and now a daily close above a 30 day average, may be just a little life in it,,,,,,,, quarterly open is next then on too the top of last monthly candle wick , the fib extensions of this month and a half range we ve been in would be icing on the cake.. cheers man,,,,
Attached Image (click to enlarge)
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  • #437,767
  • Aug 24, 2016 8:06pm Aug 24, 2016 8:06pm
ps as to earlier post in Hawaii it is impossible to trade and sleep so having quit my job to do it I had to find a way and eventually did that is the one I posted which is

top and bottom of gbp pairs on the day will occur normally between Frankfurt open and 2-3 hours into London

so someone like me can watch from 8 pm until 11 midnight at latest and since I have a signal I actually do this lying down listening to podcasts believe it or not

if I am signaled to get up and watch I do and since I have learned a few things over the years amazingly.... I am able to make decisions

and go to sleep with peace of mind knowing that nothing else to do in the way of work other than browse around on fx sites - the next day - and go out and get exercise

all this is tremendously relaxing compared to the experience of the last years while trying to handle the demanding teaching position and trade with limit orders

could write several books

the entire rest of the day until evening of the next day (which of course is London's morning of the following day) is free

be thankful you do not live in Honolulu
  • #437,768
  • Aug 24, 2016 8:21pm Aug 24, 2016 8:21pm
#GBPUSD yesterday and today was a potential cycle turn on pound. yesterday cycle was a dud, and today we put a high @ 1.3272.... if we take out 1.3272 I will go long....but if we dont could turn for a correction. other dates to keep watch on your calendar is 8-26-16 & 8-29,30 for a potential swing pivot high.... I will be watching pound with an alert to see if we take out highs.....
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #437,769
  • Aug 24, 2016 9:55pm Aug 24, 2016 9:55pm
Quoting iamawaited
{quote} Lol.... I also said on my chart too! if it goes higher i increase sell lots
Trading Eternal...... Shiny & Chrome!!!!
  • #437,770
  • Aug 24, 2016 10:45pm Aug 24, 2016 10:45pm
waiting to add another short...PA is bearish
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  • #437,771
  • Aug 24, 2016 10:51pm Aug 24, 2016 10:51pm
Quoting Afarensis
waiting to add another short...PA is bearish {image}
oh mr.batman you tp is mind sl haha
  • #437,772
  • Aug 24, 2016 10:55pm Aug 24, 2016 10:55pm
Beautifully double top...
Attached Image (click to enlarge)
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  • #437,773
  • Aug 25, 2016 12:02am Aug 25, 2016 12:02am
Quoting nafham
Beautifully double top... {image}
and that will mean?
  • #437,774
  • Aug 25, 2016 12:07am Aug 25, 2016 12:07am
Quoting Greenstar
ps as to earlier post in Hawaii it is impossible to trade and sleep so having quit my job to do it I had to find a way and eventually did that is the one I posted which is top and bottom of gbp pairs on the day will occur normally between Frankfurt open and 2-3 hours into London so someone like me can watch from 8 pm until 11 midnight at latest and since I have a signal I actually do this lying down listening to podcasts believe it or not if I am signaled to get up and watch I do and since I have learned a few things over the years amazingly.......
Sound like a terrible life . Come up to Scotland some time. Play a game of golf mid February just before the season starts. You'll need mits to put on between shots to keep you hands warm and a wee dram of whiskey to warm your heart and forget about the cold biting your nose. Mix that with a little sleet and rain. At then end you'll get back to the clubhouse soaked and cold. You'll know your alive....
Striving for consistency
  • #437,775
  • Aug 25, 2016 1:18am Aug 25, 2016 1:18am
Just accumulated some substantial pounds, Point D looks imminent as A seems to be holding pretty well. I expect some buying at London open.
Attached Image (click to enlarge)
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I'm high on trading, cant you tell?
  • #437,776
  • Aug 25, 2016 1:30am Aug 25, 2016 1:30am
Quoting Sammih
Just accumulated some substantial pounds, Point D looks imminent as A seems to be holding pretty well. I expect some buying at London open. {image}
your MACD is going down and u are buying?? Well... i am Martingale selling though. i have loaded plenty sells for a ride down.. if it goes higher i add more!! GL
Trading Eternal...... Shiny & Chrome!!!!
  • #437,777
  • Aug 25, 2016 1:31am Aug 25, 2016 1:31am
Morning DIgger take it as it comes you know me lol . 42 up on my short now support 1 tp and hold here 3227. . 3167. ? Hope your good E
  • #437,778
  • Aug 25, 2016 1:33am Aug 25, 2016 1:33am
3222 long
  • #437,779
  • Aug 25, 2016 1:33am Aug 25, 2016 1:33am
Quoting iamawaited
{quote} your MACD is going down and u are buying?? Well... i am Martingale selling though. i have loaded plenty sells for a ride down.. if it goes higher i add more!! GL
I always wondering what is your chart looks like with your martingale buying and selling on this pair.
can you please post your chart? Of course with the trade lines.. Tx
  • #437,780
  • Aug 25, 2016 1:42am Aug 25, 2016 1:42am
Quoting elbert3
Morning DIgger take it as it comes you know me lol . 42 up on my short now support 1 tp and hold here 3227. . 3167. ? Hope your good E
Short a few scalps my self from 50 looking for 3184,,,,,,,, last weeks high, fem there who knows
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