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Cable Update (GBPUSD)

  • #186,461
  • Dec 8, 2009 8:19am Dec 8, 2009 8:19am
Elliott Wave Count. Ofcourse i am not the expert but seems very simple count Ofcourse i Can be wrong completely.
Attached Image (click to enlarge)
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,462
  • Dec 8, 2009 8:20am Dec 8, 2009 8:20am
Quoting yinbyungheon
kiamat is dekat...
Noooo, still 2 more years .. 2012
  • #186,463
  • Dec 8, 2009 8:22am Dec 8, 2009 8:22am
what do u guys think..is it time to take the bull train
  • #186,464
  • Dec 8, 2009 8:25am Dec 8, 2009 8:25am
Quoting mktjong
Noooo, still 2 more years .. 2012
.....
  • #186,465
  • Dec 8, 2009 8:32am Dec 8, 2009 8:32am
Quoting samdani786
Elliott Wave Count. Ofcourse i am not the expert but seems very simple count Ofcourse i Can be wrong completely.
What About This One...!?
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Click to Enlarge Name: GbpUsd-12-8-EL.gif Size: 28 KB
  • #186,466
  • Dec 8, 2009 8:37am Dec 8, 2009 8:37am
We are quite possibly basing here and might be making way for a turn to the long side. Last week, London was buying, NY was selling, this week so far, London has been selling, NY has been buying.

Sitting flat and waiting for confirmation on the 5m here...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #186,467
  • Dec 8, 2009 8:38am Dec 8, 2009 8:38am
This is whole bears run it runns on duracell.
  • #186,468
  • Dec 8, 2009 8:40am Dec 8, 2009 8:40am
Quoting mkrajaci
This is whole bears run it runns on duracell.
Now that really made me laught...........
Let Price determine your future!
  • #186,469
  • Dec 8, 2009 8:44am Dec 8, 2009 8:44am
Quoting mkrajaci
This is whole bears run it runns on duracell.
I suspect bears bring many spares of duracell..
Patience + Discipline =
  • #186,470
  • Dec 8, 2009 8:45am Dec 8, 2009 8:45am
Is it finally basing or is just a mirage?
  • #186,471
  • Dec 8, 2009 8:48am Dec 8, 2009 8:48am
Quoting joemiami
Is it finally basing or is just a mirage?
IMO, If NY session closes below current price, we will be long the rest of the week.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #186,472
  • Dec 8, 2009 8:49am Dec 8, 2009 8:49am
wait for candle formation for confirmation - 1 hour closes in 15 mins - we may get a hammer - if not look for a morning star at the close of the next hourly. If you don't get either of these, I wouldn't get too excited about the bottom being formed - The Bear's may just be changing their flat Duracell's for new ones
May the forex be with you |
  • #186,473
  • Dec 8, 2009 8:49am Dec 8, 2009 8:49am
Quoting Amirforex
What About This One...!?
You could be right 100% . What i am looking at is on hourly chart, you have 5 clear wave then you should have a correction in 3 wave. So Ur count for the long term could be right but at the same time, If we dont go below 6250, then the correction ( or the reversal ) is due IMHO.
Lets see
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,474
  • Dec 8, 2009 8:50am Dec 8, 2009 8:50am
Quoting Jemmy
I suspect bears bring many spares of duracell..
i think so too...
I will send my spy to steal their 'duracell' and put in my teddy bull...
  • #186,475
  • Dec 8, 2009 8:50am Dec 8, 2009 8:50am
Quoting Magix
We are quite possibly basing here and might be making way for a turn to the long side. Last week, London was buying, NY was selling, this week so far, London has been selling, NY has been buying.

Sitting flat and waiting for confirmation on the 5m here...
Can you please let us know when you have confirmation on ur 5 min ? Thanks
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,476
  • Dec 8, 2009 8:54am Dec 8, 2009 8:54am
Bear? So Thanksgiving wasn't a fluke.
  • #186,477
  • Dec 8, 2009 8:56am Dec 8, 2009 8:56am
Quoting samdani786
Can you please let us know when you have confirmation on ur 5 min ? Thanks
Put a 24SMA onto your 5m chart. If price closes above that line on the 5...that's what I am looking for and will take longside triggers off of the 1m.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #186,478
  • Dec 8, 2009 8:57am Dec 8, 2009 8:57am
Quoting FXFundi
wait for candle formation for confirmation - 1 hour closes in 15 mins - we may get a hammer - if not look for a morning star at the close of the next hourly. If you don't get either of these, I wouldn't get too excited about the bottom being formed - The Bear's may just be changing their flat Duracell's for new ones
maybe that one is the last duracell..but he still bring a secret weapon viag** pills..
Patience + Discipline =
  • #186,479
  • Dec 8, 2009 9:00am Dec 8, 2009 9:00am
Guys,

I'm seeking your opinion about this one.
I want take long position in area marked with white circle. See attachment. SL around 1.6230 and TP around 1.6650
This based on the support 1.6260 and 150 (MA).

Thanks.
Attached Image
  • #186,480
  • Dec 8, 2009 9:00am Dec 8, 2009 9:00am
in my humble and limited experience - a bounce off the half cent and a hammer candle formation is a strong BULL signal. This may be it - Holding my longs and adding another lot at 1.6300
May the forex be with you |
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