I think it is the big bounce of 38 at daily fib is due ...
check the h4 also it has bounced to that sloping trendline just to the pip.
check the h4 also it has bounced to that sloping trendline just to the pip.
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedYou think we'll get that low? Looks like she may be reversing, although to soon to tell for sure, may be a reaction to London close.
I'm very happy I took an impulse short on GY at 130Ignored
DislikedI started trading with my own money back in April. Having used a 'practice account for a few months prior to that.
Studying, learning, training, reading and trading from about 5.30am till about 10pm most days including weekends. So not that long really. Although I must admit I do feel over the next few weeks or so I will reduce this significantly.
So far as who do I think I am helping, well I'm sure I have helped more than I have hindered. If not maybe a few more ought to say things like you do.
Any business does actually help with FOREX. As...Ignored
DislikedGood day to you,
For the animal lovers...http://a.imageshack.us/img821/8717/monkeyn.gif 2 bullish butterflies 1hr and 4hr
Trade well
RegardsIgnored
DislikedMost people with your lack of experience shut up and listen..in order to learn..You dont seem to possess that ability. However as some people have already inferred ,if you are still trading in two years time i would then be prepared to sit up and listen. In the meantime i feel that the greater majority of people on this thread would benefit greatly without you trying to beeeeeeeeeeeee the fount of all knowledge regarding MMIgnored
DislikedHey tau,
Please ignore my ignorance but shouldn't leg ab = cd???
Ive got like 160 pips and over 200 for the other?Ignored
DislikedMost people with your lack of experience shut up and listen..in order to learn..You dont seem to possess that ability. However as some people have already inferred ,if you are still trading in two years time i would then be prepared to sit up and listen. In the meantime i feel that the greater majority of people on this thread would benefit greatly without you trying to beeeeeeeeeeeee the fount of all knowledge regarding MMIgnored
DislikedI am always here my friend, just feel like abusing you every now and then.... 500 posts per month i am impressed, maybe if you wathched the market half as much as you watch the cable thread, you might be able to aim for a little more than 5% per month. you arae a fool and bring a smile to my face daily.Ignored
Dislikeddon't see adding long now as a safe trade.
the monthly pvp is being severely tested & there is no bounce or reversal whatsoever yet to suggest that it could turn here. htf are still showing shortside.
good luckIgnored
Disliked[/b]
That ratio make leg AB 100 pips
and CD 200 pips.
so 1.618 of AB leg = CD.
In short, your CD leg is 0.618 longer then AB.
Usual expansion are 1.27 1.414 1.618.
Take care!Ignored
DislikedOi, the Bee man has been contributing. Don't you remember when me and BBakker were always talking and being corrected? oh no, you weren't here...
Anyways, let it be... If you don't wanna listen, use ignore button. That way you see just the posts you want, OK?Ignored
Disliked155 * 1.618 = 250...
AAAH, now I've got it...
So the two legs ab and cd must just be in a fib ratio doesn't have to be equal?
Thanks Tau, great help!Ignored
DislikedAlso, if you take higher trendline and duplicate it to the low at 1.5370 on the 08.24, 08 match perfectly the channel.Ignored
DislikedMost people with your lack of experience shut up and listen..in order to learn..You dont seem to possess that ability. However as some people have already inferred ,if you are still trading in two years time i would then be prepared to sit up and listen. In the meantime i feel that the greater majority of people on this thread would benefit greatly without you trying to beeeeeeeeeeeee the fount of all knowledge regarding MMIgnored
DislikedI do not know what to expect yet. The gbplfx is sandwiched in between the two main pivots. Flat as long it stays in between, back to bullish if it closes above the W1 pvp or stay bearish if it closes below the monthly pvp. Too close to call atm, I am not expecting anything nor am I taking sides till it happens.
Good luck to you.Ignored