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- 4xHero replied May 19, 2009
Flat moves? — what do u mean when u say flat moves for gu?
Cable Update (GBPUSD)
- 4xHero replied May 18, 2009
RSI Indicator — Does any1 trade using the rsi indicator?
Cable Update (GBPUSD)
- 4xHero replied May 18, 2009
Place those 5 emas on a 30 min chart and look how they work...check through the history... and just look at how they work together...
Cable Update (GBPUSD)
- 4xHero replied May 18, 2009
hey banana — try putting these emas on a 30 min chart...50 ema, 21 ema, 14 ema, 10 ema, 5 ema...look at the history and see what happens... u will be amazed at how every time it breaks the 50 ema with a closed candle, it usually gives 60 ...
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
Im planning to go long at 5190/5200 closing at 5310, shorting from there for another 20-30 pips(lets hope it works out)
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
Even though my t/p calculations are 5310, im having a hard time believing that...4hr chart trend line was hit with this spike up...looks like it isnt gonna breaks it...i think it will hit that 53 level after 10PST(just my guess if it goes there) ...
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
Actually it so happens that it hit 76% fibs which is at 5280, i just like to call them speed bumps on the road to t/p (5310/15)
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
im thinking to short at 5310, my t/p calculation says it hits there before falling back
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
To me cable is like a fast car, when it hits something (support, resistance) it bounces from it farther then a bicycle (EU)...usually its atleast 20 pips-40pips
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
yup, good bouce from both 50 and 61% thats 70 pips right there, and these 2 levels just happen to be good support levels.
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
ya i know what u mean jack...predicting always gets people in trouble, then they are scared to enter a trade even though there indicators are telling them to enter.
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
Its funny we want this h&s to work but if u remember last week there was one too, and that was very short lived...wait that was 2 weeks ago, man time flys.
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
Day trading or long term — Hey mike, Since jack and others post every day what they are doing...that means they are day traders and not long term. Use a stop loss, fight another day...there will always be trades.
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
charts... — Some of the charts pasted here, i cant even see the candle sticks...they are in a fog of lines and indicators...here is how my chart looks like. image
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
what name do u go by on fxstreet chat? there is only one chatroom there right?
Cable Update (GBPUSD)
- 4xHero replied May 15, 2009
GBP retesting uppers — hey jack, i think gbp if fooling us and will rise to a new high today, what u think...i know everyone is shorting to my knowledge
Cable Update (GBPUSD)
- 4xHero replied May 14, 2009
Also shorted from 5245, closed at 5220...looks suspect, maybe the h&s is a mirage...time will tell
Cable Update (GBPUSD)