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Cable Update (GBPUSD)

  • #185,341
  • Dec 1, 2009 3:36pm Dec 1, 2009 3:36pm
I think I might have just seen a hidden message in the charts...

MAN, when people say the charts talk to them, I thought that this was a figure of speech...

What do you think?

PS, I punched my monitor right in the nose! Get all smart ass with me will ya punk?
Attached Images
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,342
  • Dec 1, 2009 3:51pm Dec 1, 2009 3:51pm
limit order missed with 2 pips, now cancelled. details on my blog -everybody is invited
  • #185,343
  • Dec 1, 2009 3:56pm Dec 1, 2009 3:56pm
Quoting Magix
I think I might have just seen a hidden message in the charts...

MAN, when people say the charts talk to them, I thought that this was a figure of speech...

What do you think?

PS, I punched my monitor right in the nose! Get all smart ass with me will ya punk?
i think its sign for someone who already has long on cable
  • #185,344
  • Dec 1, 2009 4:03pm Dec 1, 2009 4:03pm
Anyone else Short as of now-till start of London session anyway? 1.6621 drop to 1.6500 area- all before start of Wed-London session when the battle North begins anew.
FF = Forex Faggots
  • #185,345
  • Dec 1, 2009 4:06pm Dec 1, 2009 4:06pm
Who can judge?
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  • #185,346
  • Dec 1, 2009 4:06pm Dec 1, 2009 4:06pm
Quoting 8fingers
Anyone else Short as of now-till start of London session anyway? 1.6621 drop to 1.6500 area- all before start of Wed-London session when the battle North begins anew.
If support on the 30 holds, I am running with the bulls.

Nothing saying only London can bring up the price...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #185,347
  • Dec 1, 2009 4:12pm Dec 1, 2009 4:12pm
Quoting geocatalinfx
this is my chart on H4 gbp/usd. pplease take a look .
Same view bro. hope it works?
but I'm afraid from Tokyo session.
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  • #185,348
  • Dec 1, 2009 4:15pm Dec 1, 2009 4:15pm
Quoting Magix
I think I might have just seen a hidden message in the charts...

MAN, when people say the charts talk to them, I thought that this was a figure of speech...

What do you think?

PS, I punched my monitor right in the nose! Get all smart ass with me will ya punk?
Fuckin Finger.
For all, not for you only.
  • #185,349
  • Dec 1, 2009 4:17pm Dec 1, 2009 4:17pm
Quoting Baby-Trader
Fuckin Finger.
For all, not for you only.
its sign of Dubai crisis
  • #185,350
  • Dec 1, 2009 4:20pm Dec 1, 2009 4:20pm
Quoting FXAdvice
its sign of Dubai crisis
Hello Bro.

When we want to learn anything we have to pay. Time & Money.
  • #185,351
  • Dec 1, 2009 4:24pm Dec 1, 2009 4:24pm
Quoting letscry
well ty mate u point the right thing, i was all day at 1 min chart , at the end of day i took a pic of this at 5m and saw my mistake, and actulaly didnt think cable would pass h4 fibo level but it did which was around 1.657xx

I would never suggest narrowing your trading analysis to only one chart nor would I avoid the benefit that may come from proven indicators, or trend lines and fibo levels from various other charts.

I am not here to represent a proven or complete system in trading but simply to present some concepts that I find interesting relative to the use of multiple moving averages that I haven't seen used here or elsewhere in this fashion... for they can bring into one chart alone enough data (mma's representing multiple time frames), to work very nicely in a trading strategy... even if only using the 1m chart.

Turveyd would agree.. see his thread and trading system.
http://www.forexfactory.com/showthread.php?t=187854

I showed earlier a 5m chart that displayed the 200+ pip move that occurred during the recent LDN and US sessions. I could have limited my trading simply to the 1m chart (or 5m) and been safe since I use 9 ema's ranging from 6 - 144.

On the two 1m charts display below there were only two points of roll over where the ema's changed direction during that nice upward move by the GU.... and more specifically only two points where the (blue) 18 ema crossed the (aqua) 144 ema on the 1m chart (for better entry and exit).

Whether scaling up or down through different charting time frames, patterns appear after a compression / separation breakout where the ema's remain in their 'order' without crossing. During a trend, they may narrow during a consolidation / pause but they all do not cross over. No need in these instances to exit or reverse the trade (depending on your base chart which should serve as your foundation). The trend remains intact.

I share this one principle of compression and separation and the patterns and behavior of pricing that are displayed and would recommend any who may be searching for a more complete system to look elsewhere. At this point I only suggest using this as an added tool.

I know Magix uses moving averages on multiple time frames... see his thread and trading method.
http://www.forexfactory.com/showthread.php?t=208103

Finally, if you have enough information on a single chart... at times, you might do fine in your trading. Sometimes, "less if more".

These two 1m charts below show the beginning and the end of the recent 200 pip move.

Now where from here? Watch you charts.

Dr. D.
Attached Images
  • #185,352
  • Dec 1, 2009 4:26pm Dec 1, 2009 4:26pm
Quoting Baby-Trader
Same view bro. hope it works?
but I'm afraid from Tokyo session.


Attached Thumbnails http://cdn.forexfactory.com/attachme...1&d=1259705514


nice work! thank you
  • #185,353
  • Dec 1, 2009 4:33pm Dec 1, 2009 4:33pm
Quoting fourxtrader
I would never suggest narrowing your trading analysis to only one chart nor would I avoid the benefit that may come from proven indicators, or trend lines and fibo levels from various other charts.


Dr. D.
Yes, we have to see overall picture of the market from multiple dimintions.
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  • #185,354
  • Dec 1, 2009 4:39pm Dec 1, 2009 4:39pm
Quoting Baby-Trader
Yes, we have to see overall picture of the market from multiple dimintions.
man use all these indicators will drive you crazy...
  • #185,355
  • Dec 1, 2009 4:51pm Dec 1, 2009 4:51pm
Quoting FXAdvice
man use all these indicators will drive you crazy...
I'm already bro.

Just want to see & learn as more as I can and see what others see.
I'm newbi to this world. just started 5 months ago.
  • #185,356
  • Dec 1, 2009 5:16pm Dec 1, 2009 5:16pm
So I'm guessing within all of these crazy lines on all these charts everyone is in short or waiting for the short...
  • #185,357
  • Dec 1, 2009 5:17pm Dec 1, 2009 5:17pm
my trade levels

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forecasting corrective wave
  • #185,358
  • Dec 1, 2009 5:24pm Dec 1, 2009 5:24pm
Great Analysis from another GU thread


http://www.forexfactory.com/showpost...postcount=1325
  • #185,359
  • Dec 1, 2009 5:27pm Dec 1, 2009 5:27pm
Quoting Baby-Trader
I'm already bro.

Just want to see & learn as more as I can and see what others see.
I'm newbi to this world. just started 5 months ago.
you should consider reducing the amount of indicators and colors in your charts because its only gonna confuse you
When life gives you lemons, make lemonade
  • #185,360
  • Dec 1, 2009 5:47pm Dec 1, 2009 5:47pm
Quoting micho
you should consider reducing the amount of indicators and colors in your charts because its only gonna confuse you
Hi brother ,
how you doing?
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