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Cable Update (GBPUSD)

  • #48,401
  • Jan 6, 2008 9:06pm Jan 6, 2008 9:06pm
Quoting AmeriTrini
how did you aquire this info?
I am using a custom designed indicator

The interesting fact is that Buyers+Sellers = Volume
  • #48,402
  • Jan 6, 2008 9:07pm Jan 6, 2008 9:07pm
We are going up now..
Who like to long... now is the good point.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,403
  • Jan 6, 2008 9:11pm Jan 6, 2008 9:11pm
Quoting Qu|cksilver
We are going up now..
Who like to long... now is the good pioint.
I will wait till cable hits weekly 0% fib level first, that is my exit level for my current short.
  • #48,404
  • Jan 6, 2008 9:11pm Jan 6, 2008 9:11pm
Quoting dagoods
Another great chart!

can u explain coil? i'm not familiar with harmonic patterns and therfore do not know coil? what is the usual outcome of a coil?

Coil is not a Harmonic Pattern ......
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a trader with your savvy and who wants to explain charts
to people should now all the chart patterns

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  • #48,405
  • Jan 6, 2008 9:14pm Jan 6, 2008 9:14pm
Quoting forexlion
I am using a custom designed indicator

The interesting fact is that Buyers+Sellers = Volume
no, the interesting fact is that you said you don't use any indicators. so if you don't want to share your "valuable" information on a trading forum where people share ideas about trading, just say so but don't insult me and make yourself a fool, by lying. have a great day!!.
  • #48,406
  • Jan 6, 2008 9:16pm Jan 6, 2008 9:16pm
oh i get it now, that was a 5 min trend call, alright its your thread, i will wait on the fence and watch.
  • #48,407
  • Jan 6, 2008 9:18pm Jan 6, 2008 9:18pm
Quoting forexlion
oh i get it now, that was a 5 min trend call, alright its your thread, i will wait on the fence and watch.
no it didnt break support at 1.9672, so it has to go long now!!
  • #48,408
  • Jan 6, 2008 9:19pm Jan 6, 2008 9:19pm
Quoting AmeriTrini
no, the interesting fact is that you said you don't use any indicators. so if you don't want to share your "valuable" information on a trading forum where people share ideas about trading, just say so but don't insult me and make yourself a fool, by lying. have a great day!!.
insult ???????? where did that come from ??
  • #48,409
  • Jan 6, 2008 9:19pm Jan 6, 2008 9:19pm
UPDATE TIME :

Here is what the Gbp/Usd may be doing ..............
again this is only a Probability , It is not Cast in Stone .........
---------------------------------------------------------------------
( Trade with Money Management )
Forget about the News , Respect your Risk Parameters ,
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Plan your Trade ............ Trade your plan !.....http://www.moneytec.com/forums/images/smilies/smile.gif
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  • #48,410
  • Jan 6, 2008 9:23pm Jan 6, 2008 9:23pm
Quoting forexlion
insult ???????? where did that come from ??

you said it a custom indicator but on your profile you said you use no indicators, so which is it? proof of lying by CONTRADICTION!!
  • #48,411
  • Jan 6, 2008 9:30pm Jan 6, 2008 9:30pm
I will still wait on the fence for the evolving trend.
  • #48,412
  • Jan 6, 2008 9:31pm Jan 6, 2008 9:31pm
Quoting AmeriTrini
you said it a custom indicator but on your profile you said you use no indicators, so which is it? proof of lying by CONTRADICTION!!
Where is the harm in trying to duplicate the COT in terms of retail traders using MT4 for getting better trend understanding.
  • #48,413
  • Jan 6, 2008 9:37pm Jan 6, 2008 9:37pm
Quoting Qu|cksilver
But dont short yet... its still early. Cable will go up first before hard drop later

do you feel 9651 can form a strong support for a trend to 9940 based on daily.
  • #48,414
  • Jan 6, 2008 9:41pm Jan 6, 2008 9:41pm
Quoting forexlion
insult ???????? where did that come from ??

And the start of a new one the same as the old one left off. Some here. its what they do best. Guess it helps to keep em stay sane, feel like better traders, or they figure they have been drove crazy so it helps them feel better to believe they can get under someones skin. Thats why Im here, to read the amusing posts by the ones who are gods in their own minds. Brings amusement during trading. The ones that dont make the cut just get put on ignorant,mean ignore. Learked here for a long time had to finaly join to put some on ignore.
Not to say there arnt good posters, sure are. Just usualy not the ones who think they are.
Rant done, feel better, happy trading
  • #48,415
  • Jan 6, 2008 9:42pm Jan 6, 2008 9:42pm
I like 1.9887!!!
  • #48,416
  • Jan 6, 2008 9:43pm Jan 6, 2008 9:43pm
Quoting forexlion
do you feel 9651 can form a strong support for a trend to 9940 based on daily.
9651 is not stong support. Depend on how cable react today. 9651 could be broken anytime maybe today or if not tomorrow..
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,417
  • Jan 6, 2008 9:44pm Jan 6, 2008 9:44pm
Quoting AmeriTrini
I like 1.9887!!!
I don't think cable will go that high today..
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,418
  • Jan 6, 2008 9:50pm Jan 6, 2008 9:50pm
uk inflation is rising pretty fast and above any comfort level.
maybe boe will not cut rates???

last week uk indicators were really bullish.
also gu is placed near a really though support, almost 1 year and has bounced back on many ocassions.


pfxglobal is recommending gu longs, maybe a good idea to do it now?
oil at these highs i think will provide support for cable.

i have not been trading seriously cable for about 1 month but now i am considering long, all my charts and indicators on W1 are screaming for longs.
  • #48,419
  • Jan 6, 2008 9:59pm Jan 6, 2008 9:59pm
Quoting Qu|cksilver
I don't think cable will go that high today..
how high in your opinion?
  • #48,420
  • Jan 6, 2008 10:00pm Jan 6, 2008 10:00pm
Quoting kropfx
how high in your opinion?
Somwhere 9760
"Invest With The Insiders, Not The Masses" George Muzea
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