Forex



Go Back   Forex Trading > Discussion Areas > General Discussion
Forex Forum Register More recent Blogs Calendar Advertising Others Help






Register
Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.

From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.

Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
  • Elite Section
    Get access to private discussions, specialized support, indicators and trading systems reported every week.
  • Advanced Elite Section
    For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
See more

View Poll Results: Useful or NOT ?
Definately 142 93.42%
Maybe 6 3.95%
Not 4 2.63%
Voters: 152. You may not vote on this poll

Reply
 
Thread Tools Display Modes
  #541 (permalink)  
Old 08-26-2008, 11:53 AM
FX Pimp's Avatar
Senior Member
 
Join Date: Jun 2008
Location: UK
Posts: 549
FX Pimp is on a distinguished road
Here's why

Take a look at this weekly chart of USDCAD.
We don't look at weekly charts a lot I know, but its often worth a glimpe.
I have a standard 20&50 on here along with a 100ema and 250sma, which are my monthly 20&50.
The price is presently right up against the monthly 20 and a resistance line dating back to 2004 !!!
Price is slightly overbought still AND weekly 20 is still below the 50.

I'm not saying it won't go, but well worth bearing in mind
Attached Images
File Type: gif cheeky.gif (32.6 KB, 389 views)
__________________
I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #542 (permalink)  
Old 08-26-2008, 01:01 PM
FX Pimp's Avatar
Senior Member
 
Join Date: Jun 2008
Location: UK
Posts: 549
FX Pimp is on a distinguished road
Anyone fortunate enough to have stayed out of the GBPCHF 4hr play may be rewarded with an entry IF and when this support line gets broken.
If you are in it then Hold it for the time-being.

I have plotted the approximate trajectory of both the 4hr 20&50 moving averages on this shot and IF the current direction plays-out then I would expect the 20ema to reach the support in 6 candles time and the 50 in 14 candles time. So 24hrs from now would be make or break time.
Maybe an order below the support
Attached Images
File Type: gif cheeky.gif (34.7 KB, 379 views)
__________________
I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session

Last edited by FX Pimp; 08-26-2008 at 01:23 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #543 (permalink)  
Old 08-26-2008, 01:34 PM
Junior Member
 
Join Date: Aug 2008
Posts: 5
barry1 is on a distinguished road
Thanks FXP. I rarely currencies short term any more but these longer term set ups are great. Keep up the good work. Much appreciated.

Barry
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #544 (permalink)  
Old 08-26-2008, 01:36 PM
Junior Member
 
Join Date: Aug 2008
Posts: 5
barry1 is on a distinguished road
I rarely TRADE currencies short term
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #545 (permalink)  
Old 08-26-2008, 02:19 PM
FX Pimp's Avatar
Senior Member
 
Join Date: Jun 2008
Location: UK
Posts: 549
FX Pimp is on a distinguished road
The Beginning ?

Is this the start of the move of the GBPCHF play posted above?
It's looking quite promising from this 5m chart, making new lows at long last.
Attached Images
File Type: gif cheeky.gif (35.7 KB, 367 views)
__________________
I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #546 (permalink)  
Old 08-26-2008, 03:07 PM
Junior Member
 
Join Date: Aug 2008
Posts: 6
Hemal is on a distinguished road
big hello to my fellow traders

Hello there,

I trust you are all keeping well and taking some great trades. Some of you may know me from previous forums & websites. I have just returned from my 4 week holiday in Kenya, which was really nice. A big thank you to all the guys who have emailed me and sent their regards via various means. I will respond to each email as soon as I can.

For those that don't know me, I have been trading for around two years following the strategy that is executed in the boiler room. I specifically follow gold, EURUSD and cable and intend to become a specialist in these three.

I'd like to take the opportunity to thank FXpimp, for his continued hard work and commitment in setting up this thread and for helping people understand the strategy that we follow. You have clearly been busy whilst I was playing with the monkeys lol.

I look forward to working with you all over the coming weeks and months.

Regards
Hemal
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #547 (permalink)  
Old 08-26-2008, 05:03 PM
Member
 
Join Date: Jul 2008
Posts: 59
Bloom is on a distinguished road
Good to hear from you Hemal.

Welcome to the mad house.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #548 (permalink)  
Old 08-26-2008, 05:09 PM
Member
 
Join Date: Jan 2006
Posts: 83
rollingstone is on a distinguished road
Cool Welcome Back Hemal

Hi Hemal

Great to see you back and posting on the thread. Gold, EURUSD and GBPUSD are my favourite pairs to trade too so I will be watching out for your posts.

Hope you had fun with those monkeys!

Scorpion
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #549 (permalink)  
Old 08-26-2008, 06:56 PM
Junior Member
 
Join Date: Aug 2008
Posts: 5
dawveed is on a distinguished road
Wink Entering into the Pimpology World

Hi there Traders,

I'm a fresh new leaner of the Pimpology Madness, and I hope we all make a team of sucessful traders...
I have some questions about it...
1)What parameter makes the sound alert plays? as it has played like an hour ago (GBPUSD) but i cant see any clear sign of entering the market...
2) The M5 Madness doesnt take into account the Oil-Gold price behavior?, i mean, all i need to operate is found within the 5M Chart (CCI's, EMA's, Pivots) or do i have to check anything else??
3)Always is required or advisable to operate after a trendline is broken, or i can operate within the trend with the Pimpology, as i have seen the previous posts that the PIMP most of time drawn trendlines broken ...

Thanks Pimp for sharing your knowlegde.
My best regards.
GBY.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #550 (permalink)  
Old 08-26-2008, 07:09 PM
Junior Member
 
Join Date: Aug 2008
Posts: 5
dawveed is on a distinguished road
Which is best?

Which is the best to operate? Within the trend or after breaking the trend?
This is the GBPUSD from just now
Attached Images
File Type: gif gbpusd.gif (20.3 KB, 327 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
Reply

Bookmarks

Tags
"school of pimpology", forex, forex pimpology, fx monkey chat, fx pimp, fx500, fx500club, fxmonkey, fxmonkeychat, fxpimp, pimpology, pimpology forex, pimpology school, pimpology template, school of pimpology, school pimpology, the pimp, FXMonkeyChat, Pimp strategy, forex 122, Pimp strategy forex, Heiken_AshiH_cw_mtf, www.forex-tsd.com, search, fx pimpology, trading, forex pimp forum, www.forex122.com, forex pimp, weekly pivot, www . forex122 . com, forex122.com, www.forex 122, forex tsd, wwwforex122.com, fxmonkey school, fx monkey school, forex.122, dan armitage trader, www.forex122


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Old School Patterns banzai Harmonic trading 18 07-16-2009 03:39 PM


All times are GMT. The time now is 08:58 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.