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Daily candle chart

  • #9,541
  • Nov 6, 2009 5:24pm Nov 6, 2009 5:24pm
Quoting Bones
gbplfx ,target looks good
cant post Charts,BUT weekly CABLE still looks BULLISH,i see no rversal signal or danger,obviously,a new week and all the Past weeks NEWS absorbed,will either see further gains,or a reversal signal,BUT presently i remain Bullish....

have a relaxing w/e and take care..

baz
  • #9,542
  • Nov 6, 2009 5:40pm Nov 6, 2009 5:40pm
see TONY..
even Navin got pasted,and all he does is share his TRADING VIEWS...
some guys just dont understand.......BUT in my book NAV is " A 1 OK and a cool DUDE "
this is what makes me feel is it worth posting in Forums..
anyway ,lets hope this thread runs ok

http://www.forexfactory.com/showpost...stcount=181442

baz
  • #9,543
  • Nov 6, 2009 5:48pm Nov 6, 2009 5:48pm
Cable update is the loins den Baz ,I think Nav handled very admirably
for me better than A1 on so many levels ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,544
  • Nov 6, 2009 5:55pm Nov 6, 2009 5:55pm
I also think top of range and do not like the doji ,looks weak compared to the engulfing /outside from bottom of range ,also location less than average,
wick already covered on gbplfx weekly

Quoting Bones
With regard to Cable we have conflicting price action which has taken me by supprise ,But we are in range at mo ,which means consolidation .Candles have a very short life in consolidation ...take a look at previous candles off 6700.
but there is a very nice shooting star with so much space at high level which will always be a tuff nut to crack ,tho wick is not really long.
in the bears favor we closed right under long term tl.

Also there is a gap down which I belive to be real on last week candle ,which doent seem right
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 6 th nov weekly.gif Size: 13 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,545
  • Nov 6, 2009 6:02pm Nov 6, 2009 6:02pm
Quoting Bones
Cable update is the loins den Baz ,I think Nav handled very admirably
for me better than A1 on so many levels ..
yes Tony....he is a true "GENTLEMAN ",but as a trader,since he has gone to weekly trading Bars we must refer to him as ..."MACHO TRADER " or " MAN WITH STEEL BALLS"

baz
  • #9,546
  • Nov 6, 2009 6:08pm Nov 6, 2009 6:08pm
Make em gold balls baz worth much much more these days ,lol
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  • #9,547
  • Nov 6, 2009 6:08pm Nov 6, 2009 6:08pm
and Nav is mint
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  • #9,548
  • Nov 6, 2009 6:14pm Nov 6, 2009 6:14pm
Nav,Tony and me just love you man...so you trade your PLAN,for that is what will eventually bring success....BECAUSE IT IS YOURS...

see you later Tony,and keep posting,it seems we have lost Peter as well,maybe Hussin and Peter have finally retired in Hawaii..

baz
  • #9,549
  • Nov 6, 2009 6:23pm Nov 6, 2009 6:23pm
Nav ,
Peter ,why ,why,why!??
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  • #9,550
  • Nov 6, 2009 6:36pm Nov 6, 2009 6:36pm
may be that is an inverted hammer on cad lfx monthly
Attached Image (click to enlarge)
Click to Enlarge Name: cad lfx 6 th nov weekly.gif Size: 12 KB
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  • #9,551
  • Nov 7, 2009 9:22am Nov 7, 2009 9:22am
Quoting baz
Nav,Tony and me just love you man...so you trade your PLAN,for that is what will eventually bring success....BECAUSE IT IS YOURS...

see you later Tony,and keep posting,it seems we have lost Peter as well,maybe Hussin and Peter have finally retired in Hawaii..

baz
ahhh shucks thanks guys u know i hold u both in the highest regard as well..looking at usdlfx, im definately buying the buck...i have faith in the weekly only problem is the spike through 1.67 may hit SL (cable)

there bullish diverence on the weekly (usdlfx), pin as well and its triggered so fingers are certainly crossed.. for bullish counter

stick with plan cause anything is possible.
I wish u both a great weekend..thank u for yur words..am very touched
  • #9,552
  • Nov 7, 2009 9:33am Nov 7, 2009 9:33am
Could take time to turn Nav ,but agree turn it will ,gonna do the usd later ,have a nice weekend


Quoting Bones
Puede ser el tiempo de necesidades de mercado para girar al amigo,
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  • #9,553
  • Nov 7, 2009 9:35am Nov 7, 2009 9:35am
time = week may be more
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  • #9,554
  • Nov 7, 2009 5:24pm Nov 7, 2009 5:24pm
I am thinking back to the bottom which would put cable @ 1.6900 if gbplfx weekly above works out
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfx weekly 7th nov weekly.gif Size: 11 KB
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  • #9,555
  • Nov 7, 2009 5:40pm Nov 7, 2009 5:40pm
Gold did push up to 1100 after I closed up at 1090.50 and weekly looks bullish but are we at the top of channel?
May be consolidation weekly next ,or bearish pattern


Quoting Bones
I was thinking round number 1.100 would be a nice target
Attached Image (click to enlarge)
Click to Enlarge Name: gold weekly 7th nov weekly.gif Size: 14 KB
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  • #9,556
  • Nov 7, 2009 5:46pm Nov 7, 2009 5:46pm
also noticed tl on monthly
Attached Image (click to enlarge)
Click to Enlarge Name: gold monthly tl 7th nov weekly.gif Size: 15 KB
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  • #9,557
  • Nov 8, 2009 8:09am Nov 8, 2009 8:09am
Quoting Bones
time = week may be more
no problem bro...so long as it dont hit my stop i can wait..
  • #9,558
  • Nov 8, 2009 8:17am Nov 8, 2009 8:17am
your stop is amigo ?
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  • #9,559
  • Nov 8, 2009 8:20am Nov 8, 2009 8:20am
Quoting Bones
your stop is amigo ?
1.6780...1.67 on monthly looks solid..but concerned and a spike up
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.gif Size: 29 KB
  • #9,560
  • Nov 8, 2009 8:41am Nov 8, 2009 8:41am
I'm gonna be honest you can see my thoughts above... 6900 is my target at this point
but no one is right all the time not even Hussin and especially not me ,but you can see that last week closed bullish and next week will probably open outside your down line ,if hasn't already closed .also if thats a bearish doji it has been seriously weakened by wick cover as you can see in other similar candles in recent times

6700 is big but in danger but if taken unlikely to be spike imo ,up to top more like.

One thing is for sure this is range
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