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Cable Update (GBPUSD)

  • #122,621
  • Feb 23, 2009 12:25am Feb 23, 2009 12:25am
Quoting trader8686
How far we will be up estimately?
I think all we are doing is trading Noise...this is not bull or bear movements..just noise...

once the rising lower trendline tightens upward and meets up with 4550 level..we will see the decision for direction take place....

Not until then...for now..all this is noise...simple movements..
  • #122,622
  • Feb 23, 2009 12:28am Feb 23, 2009 12:28am
Quoting JammerJams
I think all we are doing is trading Noise...this is not bull or bear movements..just noise...

once the rising lower trendline tightens upward and meets up with 4550 level..we will see the decision for direction take place....

Not until then...for now..all this is noise...simple movements..

noise is good ... as long as it is 40 pip ranges money to be made trading in the volume histogram ( uva , lva , vwap and poc ) .....

1.4475 is the volume weighted pivot
1.4530 is the point of control
1.4551 upper value area


been some lovely movemtns in asia around these
Blogging daily now at www.volume.zone
  • #122,623
  • Feb 23, 2009 12:36am Feb 23, 2009 12:36am
Quoting JammerJams
I think all we are doing is trading Noise...this is not bull or bear movements..just noise...

once the rising lower trendline tightens upward and meets up with 4550 level..we will see the decision for direction take place....

Not until then...for now..all this is noise...simple movements..
Ha maybe it's noise ,but we are making money
  • #122,624
  • Feb 23, 2009 12:40am Feb 23, 2009 12:40am
Thanks everyone, this is a friendly thread, too.
  • #122,625
  • Feb 23, 2009 12:46am Feb 23, 2009 12:46am
Quoting sofia101
Ha maybe it's noise ,but we are making money
wellput..then lets..
  • #122,626
  • Feb 23, 2009 12:47am Feb 23, 2009 12:47am
Quoting sofia101
Ha maybe it's noise ,but we are making money
Mine is lower than you !
What I am worry is she huge up earlier before London session opening ,,, ooooh all time frame shows up ....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,627
  • Feb 23, 2009 12:51am Feb 23, 2009 12:51am
Quoting manize
Mine is lower than you !
  • #122,628
  • Feb 23, 2009 12:52am Feb 23, 2009 12:52am
Triple toping?
  • #122,629
  • Feb 23, 2009 12:54am Feb 23, 2009 12:54am
Quoting jack.canadia
Triple toping?
its determined to break that level
  • #122,630
  • Feb 23, 2009 12:55am Feb 23, 2009 12:55am
Quoting jack.canadia
Triple toping?
Did you see it on 30M chart?
  • #122,631
  • Feb 23, 2009 12:57am Feb 23, 2009 12:57am
Quoting trader8686
Did you see it on 30M chart?
Are going to another retracement here? 1.4542
  • #122,632
  • Feb 23, 2009 1:03am Feb 23, 2009 1:03am
Quoting malcolmb14
I have method to the madness and indies are thrown out of the window only volume and price action

Attachment

this chart shows a CLASSIC bear trap ....

this is the move i have been going on about all evening

long off 1.4485 .....loving it
Blogging daily now at www.volume.zone
  • #122,633
  • Feb 23, 2009 1:09am Feb 23, 2009 1:09am
Quoting malcolmb14
this chart shows a CLASSIC bear trap ....

this is the move i have been going on about all evening

long off 1.4485 .....loving it
Malcolm....where do you see this long going?

There is an upper trendline..but not until 1.47 level...
  • #122,634
  • Feb 23, 2009 1:11am Feb 23, 2009 1:11am
Quoting PandoraBox
Bullish Continuation Pattern at H4 TF
I have the same thing on my chart. Closed out - 290. Poor start to the week.
I need a little confirmation please. What price do you currently have on your daily pivot? Anyone? Thanks
Thank You
  • #122,635
  • Feb 23, 2009 1:12am Feb 23, 2009 1:12am
Quoting malcolmb14
this chart shows a CLASSIC bear trap ....

this is the move i have been going on about all evening

long off 1.4485 .....loving it
Don't go anywhere, you should post here every day !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,636
  • Feb 23, 2009 1:12am Feb 23, 2009 1:12am
Quoting JammerJams
Malcolm....where do you see this long going?

like sophia i think 1.4600

could go as high as 1.4690 though
Blogging daily now at www.volume.zone
  • #122,637
  • Feb 23, 2009 1:14am Feb 23, 2009 1:14am
Quoting manize
Don't go anywhere, you should post here every day !

luck on this one ..... lol

seems like 10 min may have selling reaction to high vol up candle at 1.4580

moved stop up
Blogging daily now at www.volume.zone
  • #122,638
  • Feb 23, 2009 1:14am Feb 23, 2009 1:14am
Quoting malcolmb14
like sophia i think 1.4600

could go as high as 1.4690 though
I see it hitting that Feb 12th peak..and then reversing..but..will see...

thanks Malcolmb
  • #122,639
  • Feb 23, 2009 1:33am Feb 23, 2009 1:33am
I see bro Abuawad there ! :nerd: Hi bro, let me say your platform is working well again ! I hope hit the 1st long cell target on 1.4650 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,640
  • Feb 23, 2009 1:34am Feb 23, 2009 1:34am
Quoting wormboy
I have the same thing on my chart. Closed out - 290. Poor start to the week.
I need a little confirmation please. What price do you currently have on your daily pivot? Anyone? Thanks

sorry to hear about your losss... hate hearing stuff like that

right now dp at 1.4353
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