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Cable Update (GBPUSD)

  • #38,801
  • Nov 6, 2007 10:32pm Nov 6, 2007 10:32pm
Quoting karmostaji
GU bearish pattern on the daily chart is completed.
If so... This would have to be a pattern I have not as yet noticed.
Would you be kind enough to explain?
  • #38,802
  • Nov 6, 2007 10:33pm Nov 6, 2007 10:33pm
Quoting Qu|cksilver
Just asking,
Does anyone here have price alert indicator for MT4?
For e.g. when price hit certain level the indicator will make an alarm sound..
I think the alerts functions on MT4 works just fine.. No need for an indicator to do that. Unless u want to dig in the source of ur indicator to alter a bit :
  • #38,803
  • Nov 6, 2007 10:33pm Nov 6, 2007 10:33pm
Quoting Bemac
If so... This would have to be a pattern I have not as yet noticed.
Would you be kind enough to explain?
Harmonic pattern, it could play out or not, anyways here's a chart

http://img213.imageshack.us/img213/9879/guvj9.gif
Trade what you see, not what you think.
  • #38,804
  • Nov 6, 2007 10:39pm Nov 6, 2007 10:39pm
Quoting dd33
I think the alerts functions on MT4 works just fine.. No need for an indicator to do that. Unless u want to dig in the source of ur indicator to alter a bit :
How to set the alert function?
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,805
  • Nov 6, 2007 10:40pm Nov 6, 2007 10:40pm
Quoting karmostaji
Harmonic pattern, it could play out or not, anyways here's a chart
Cool... Play what you see...
Personally I see Leg 2 of a 3 Leg {or 4 Leg. yet to be determined} Advance.
One of us will be wrong. My wish is that neither of us lose too much.

Do you have a "Pullback" Price in mind?
Perhaps 2.0465 or so...
  • #38,806
  • Nov 6, 2007 10:42pm Nov 6, 2007 10:42pm
Quoting karmostaji
Harmonic pattern, it could play out or not, anyways here's a chart
Wow.. the "butterfly".. have seen it few times here but havent got the chance to know it better. Does this one works like some kind of diagonal "double top" karmo??
  • #38,807
  • Nov 6, 2007 10:45pm Nov 6, 2007 10:45pm
Quoting Qu|cksilver
Just asking,
Does anyone here have price alert indicator for MT4?
For e.g. when price hit certain level the indicator will make an alarm sound..

you can make your own,
view - terminal - alert
right click in alert -create

bingo!
To be or not to be, that's the question
  • #38,808
  • Nov 6, 2007 10:47pm Nov 6, 2007 10:47pm
Quoting hoezhiens
you can make your own,
view - terminal - alert
right click in alert -create

bingo!
Wow.. Thanks!!
That's the one im looking for.. i didnt know MT4 has that function..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,809
  • Nov 6, 2007 10:47pm Nov 6, 2007 10:47pm
Quoting Qu|cksilver
How to set the alert function?
Well.. on the terminal window.. u will see the "alerts" folder next to the "news" folder. U can create ur alerts condition there. Havent really utilize this also.
  • #38,810
  • Nov 6, 2007 10:50pm Nov 6, 2007 10:50pm
Quoting dd33
Wow.. the "butterfly".. have seen it few times here but havent got the chance to know it better. Does this one works like some kind of diagonal "double top" karmo??
I'm no expert in harmonics, It's been a few weeks I've been learning this stuff and trying to use it in my trading. It is based on fibonacci ratios, here's a link with some simple explanations http://www.harmonictrader.com/price_patterns.htm
Trade what you see, not what you think.
  • #38,811
  • Nov 6, 2007 11:04pm Nov 6, 2007 11:04pm
Quoting Qu|cksilver
Wow.. Thanks!!
That's the one im looking for.. i didnt know MT4 has that function..
no worries, anyway .... where do you think cable ended his upside move?

i wonder for 48 hours and i think cable will tired at 2.0130 then this motherf*cker will retrace.. anyone agree?
To be or not to be, that's the question
  • #38,812
  • Nov 6, 2007 11:05pm Nov 6, 2007 11:05pm
Quoting hoezhiens
no worries, anyway .... where do you think cable ended his upside move?

i wonder for 48 hours and i think cable will tired at 2.0130 then this motherf*cker will retrace.. anyone agree?
ups mistype

i mean 2.1030
To be or not to be, that's the question
  • #38,813
  • Nov 6, 2007 11:24pm Nov 6, 2007 11:24pm
Quoting karmostaji
I'm no expert in harmonics, It's been a few weeks I've been learning this stuff and trying to use it in my trading. It is based on fibonacci ratios, here's a link with some simple explanations http://www.harmonictrader.com/price_patterns.htm
Thanx a lot bro..
  • #38,814
  • Nov 6, 2007 11:24pm Nov 6, 2007 11:24pm
Its the effect (move) that matters. Not the cause, after the fact.
  • #38,815
  • Nov 6, 2007 11:39pm Nov 6, 2007 11:39pm
Quoting hoezhiens
no worries, anyway .... where do you think cable ended his upside move?

i wonder for 48 hours and i think cable will tired at 2.0130 then this motherf*cker will retrace.. anyone agree?
I plan my long term target at 2.118-2.12..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,816
  • Nov 7, 2007 12:02am Nov 7, 2007 12:02am
loonie @ 0.9090

0.9000 long time no see
  • #38,817
  • Nov 7, 2007 12:17am Nov 7, 2007 12:17am
Quoting hoezhiens
no worries, anyway .... where do you think cable ended his upside move?

i wonder for 48 hours and i think cable will tired at 2.0130 then this motherf*cker will retrace.. anyone agree?
Sure that was before but now there is a rumor of the EUR & GBP raising thier interest rates so the prices are gonna hold at 2.1030 for a while because the Australia raise thier rates.
Well at least thats a big possibility.
I'd say 60/40.
  • #38,818
  • Nov 7, 2007 12:18am Nov 7, 2007 12:18am
Yah and i'm long since 2.0655.
  • #38,819
  • Nov 7, 2007 12:26am Nov 7, 2007 12:26am
Quoting Ayham
Yah and i'm long since 2.0655.
280 pips wow...
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,820
  • Nov 7, 2007 12:28am Nov 7, 2007 12:28am
Do we expect to see this move continue in a big way on the London open? I certainly hope so.
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