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Cable Update (GBPUSD)

  • #199,261
  • Feb 12, 2010 1:58am Feb 12, 2010 1:58am
Quoting mwafrika
WTF!!!!!!!!There is no telling WTF is going on.No news,anyone have any idea whats happening?a 30-40 pips jump with nothing????
sell orders need be filled?
  • #199,262
  • Feb 12, 2010 1:59am Feb 12, 2010 1:59am
Quoting mwafrika
WTF!!!!!!!!There is no telling WTF is going on.No news,anyone have any idea whats happening?a 30-40 pips jump with nothing????

London Open... And it seems that they all confused. No direction.
  • #199,263
  • Feb 12, 2010 2:02am Feb 12, 2010 2:02am
It's very close to 200MA, I think it will bounce south from it.
  • #199,264
  • Feb 12, 2010 2:02am Feb 12, 2010 2:02am
Quoting Clouds
sell orders need be filled?

Have to wait and see...
  • #199,265
  • Feb 12, 2010 2:04am Feb 12, 2010 2:04am
Quoting Ctic
Up first, then down.. Just my opinion.
Like I said....

First up....Then ??????????

Fibs do not lie.
  • #199,266
  • Feb 12, 2010 2:06am Feb 12, 2010 2:06am
Big1Red9,

Long time no see. How have you been?

C.
  • #199,267
  • Feb 12, 2010 2:08am Feb 12, 2010 2:08am
Quoting mwafrika
WTF!!!!!!!!There is no telling WTF is going on.No news,anyone have any idea whats happening?a 30-40 pips jump with nothing????
40 pips for cable is nothing, just a small bounce. If you want a steady slow moving pair go try the beast. j/k.
  • #199,268
  • Feb 12, 2010 2:09am Feb 12, 2010 2:09am
Entering the resistance zone....PA is too dangerous to try to short it....we need to wait the dust to settle first
Maybe next hour
COT: The precious data ignored
  • #199,269
  • Feb 12, 2010 2:10am Feb 12, 2010 2:10am
Quoting kuroro001
Entering the resistance zone....PA is too dangerous to try to short it....we need to wait the dust to settle first
Maybe next hour
5750 is the magic test mark. Break through we go to 5800 for the larger test. We already tested 5750 twice, maybe third times a charm.

C.
  • #199,270
  • Feb 12, 2010 2:14am Feb 12, 2010 2:14am
Quoting Ctic
5750 is the magic test mark. Break through we go to 5800 for the larger test. We already tested 5750 twice, maybe third times a charm.

C.
Hi Ctic, agree with you on this and the fibs. Currently testing 38 fib of last swing from 1.6067, break that and 5750 and it will almost certainly test 50 fib at 5800, I have daily R2 at 1.5814 so that could also be on the cards. I seriously hope so, my GU and GJ longs are finally looking nice lol.
  • #199,271
  • Feb 12, 2010 2:26am Feb 12, 2010 2:26am
Quoting egkid
Nice bro keep watching 1.5730
Here we go AGAIN , Let's see what will happen
  • #199,272
  • Feb 12, 2010 2:30am Feb 12, 2010 2:30am
Quoting Ctic
Like I said....

First up....Then ??????????

Fibs do not lie.
How do you predict this things?am really curious since more often than not you have very reliable info?
  • #199,273
  • Feb 12, 2010 2:31am Feb 12, 2010 2:31am
My previous Chart
http://www.forexfactory.com/showthre...30#post3450930
  • #199,274
  • Feb 12, 2010 2:32am Feb 12, 2010 2:32am
Quoting mwafrika
How do you predict this things?am really curious since more often than not you have very reliable info?
Click on the boardroom link on my signature. The method I use is there.
  • #199,275
  • Feb 12, 2010 2:35am Feb 12, 2010 2:35am
Quoting Cowboy11
How do you judge that the wing of the butterfly will not grow bigger??


Like These Samples !?





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* Never Trust To Any Indicator *
  • #199,276
  • Feb 12, 2010 2:42am Feb 12, 2010 2:42am
Mwa FrikA...

Just a little tad of insight,
Just 'Google' "Big Ben" method...
-This is elementry w/London. It fit's in to
all they do, to confuse you- And I, etc...

However,
as traders we all learn different pieces of the puzzle,
CTiC, of course has learned more &- has probably in his "Tool Kit"
More, than you -or i, even more 'Edges', he know's he can utilize,
That the market gives him.
Actually they are there for ALL of us, to see and act upon,
to "Turn & Burn" as i'd say, we just don't see all of them yet, necessarilly.
-The more you discover, the more you can, "Without hesitation", act on.

Best of Trading...

Jeff !



Quoting mwafrika
WTF!!!!!!!!There is no telling WTF is going on.No news,anyone have any idea whats happening?a 30-40 pips jump with nothing????
I will work to Objectively Identify my Edges
  • #199,277
  • Feb 12, 2010 2:51am Feb 12, 2010 2:51am
Hi C,

Trading has been good. Trading a variety of pairs and quite frankly got tired of ego's fighting for long or short. I don't have the time to fight to help others.. lol I scan the thread once in awhile to see whats up.

How have you been?

Take Care,
BR

Quoting Ctic
Big1Red9,

Long time no see. How have you been?

C.
  • #199,278
  • Feb 12, 2010 2:59am Feb 12, 2010 2:59am
Quoting TerpFan2
Mwa FrikA...

Just a little tad of insight,
Just 'Google' "Big Ben" method...
-This is elementry w/London. It fit's in to
all they do, to confuse you- And I, etc...

However,
as traders we all learn different pieces of the puzzle,
CTiC, of course has learned more &- has probably in his "Tool Kit"
More, than you -or i, even more 'Edges', he know's he can utilize,
That the market gives him.
Actually they are there for ALL of us, to see and act upon,
to "Turn & Burn" as i'd say, we just don't see all of them yet, necessarilly.
-The...
Hence why I stay up all hours of the night to trade. London session my favorite session.

As you put it I do have a "tool kit" of stuff I utilize. Fibs, MA's, candlestick patterns and formations, tunnel theory, contrarian trend trading, inside bars etc.

The reason I use many different methods is simple.

ALL methods will work SOME of the time.
SOME methods will work MOST of the time.
NO method will work ALL of the time.

Thus I use different "some" methods that work most of the time. Hopefully if one method fails, I have another that catches the move or at least gets me out before a huge loss.

C.
  • #199,279
  • Feb 12, 2010 3:03am Feb 12, 2010 3:03am
Quoting Big1red9
Hi C,

Trading has been good. Trading a variety of pairs and quite frankly got tired of ego's fighting for long or short. I don't have the time to fight to help others.. lol I scan the thread once in awhile to see whats up.

How have you been?

Take Care,
BR
I have been very well. So far I am off to a record gaining year. It scares me though because I know that for every gain I post, the loss is getting closer and closer. I come in the forum to pass the time myself so I don't get too bored. If I help people along the way great. If they don't want to listen to me babble, that's ok too. Don't care either way since they don't make, write, or cash the pay checks..

C.
  • #199,280
  • Feb 12, 2010 3:03am Feb 12, 2010 3:03am
Uptrend to 1.5800, has to break...........watch out
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