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Cable Update (GBPUSD)

  • #203,021
  • Mar 2, 2010 9:48pm Mar 2, 2010 9:48pm
Quoting wormboy
hi java

cable broke dp forcefully. I think 200 pips down is a big ask. Trade safe
Hi wormboy,
This time, it's Very BIG BUTTERFLY for Strong Bearish...

GOOD Luck for you...
Always looking the GREAT, never left GOOD Point...
  • #203,022
  • Mar 2, 2010 9:53pm Mar 2, 2010 9:53pm
I just jumped into SHORT. Let see whether able to get 100 pips.
Face both Win and Lose bravely
  • #203,023
  • Mar 2, 2010 9:59pm Mar 2, 2010 9:59pm
Quoting Magix
Coin immediately favored the bulls.

I dont play bull on bear field, I will wait till they win the quarter.

There is still a lot of range to be played and as for right now...200ema on 5m is on deck.

The way this typically plays out, is we see next time frame support spike and than massive exodus.

Sooooooooooooooooooooo...

Depending on the next 15m...a lot can happen.

Reconfirmation of southside on the 5 might still be the easiest and a new LOD can still be set as well.

And yeah, with London close, that could be the next play, sideways for...
Sir,
About Prediction in Post #202890

I really appreciated you ...
Always looking the GREAT, never left GOOD Point...
  • #203,024
  • Mar 2, 2010 10:04pm Mar 2, 2010 10:04pm
Cripes, I have had a runny nose that moved quicker than this...

Rimshot

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,025
  • Mar 2, 2010 10:07pm Mar 2, 2010 10:07pm
Quoting Magix
Cripes, I have had a runny nose that moved quicker than this...

Rimshot

  • #203,026
  • Mar 2, 2010 10:12pm Mar 2, 2010 10:12pm
cable long @ 5053
(no chart send from mobile)
  • #203,027
  • Mar 2, 2010 10:12pm Mar 2, 2010 10:12pm
CHART Pattern in M5 Time Frime :


GL for All...
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-03-03_BEARISH 5M.jpg Size: 383 KB
Always looking the GREAT, never left GOOD Point...
  • #203,028
  • Mar 2, 2010 10:22pm Mar 2, 2010 10:22pm
Quoting Jemmy
D-4 ~ BULLS 2 : 5 BEARS
D-3 ~ BULLS 1 : 6 BEARS
D-2 ~ BULLS 0 : 7 BEARS
D-1 ~ BULLS 0 : 7 BEARS
today ~ BULLS 0 : 7 BEARS
powerless bulls, 5 days streaks bears candles ~ 800pips..
to late to short now..
Attachment
D-4 ~ BULLS 1 : 6 BEARS
D-3 ~ BULLS 0 : 7 BEARS
D-2 ~ BULLS 0 : 7 BEARS
D-1~ BULLS 0 : 7 BEARS
Today ~ BULLS 3 : 4 BEARS
how far bulls will climb?..
no trade today..
Attached Image
Patience + Discipline =
  • #203,029
  • Mar 2, 2010 10:44pm Mar 2, 2010 10:44pm
Quoting Jemmy
D-4 ~ BULLS 1 : 6 BEARS
D-3 ~ BULLS 0 : 7 BEARS
D-2 ~ BULLS 0 : 7 BEARS
D-1~ BULLS 0 : 7 BEARS
Today ~ BULLS 3 : 4 BEARS
how far bulls will climb?..
no trade today..
Attachment
Hi Jemmy, I like your 'points' tactic - is it your idea or did you borrow it from somewhere else? A nice simple way of evaluating quality and timing entries - a good way of preventing "jumping in to soon". Many pips to you
  • #203,030
  • Mar 2, 2010 10:46pm Mar 2, 2010 10:46pm
why timing the market is so hard...it's make me not confident with the price too...,
I will be the number one Manager.
  • #203,031
  • Mar 2, 2010 10:54pm Mar 2, 2010 10:54pm
Quoting javapips
why timing the market is so hard...it's make me not confident with the price too...,
Hang in there Java; it's boring; frustrating; tiring; but now getting at least a little interesting at this important point of resistance. Soon (or not) we'll know which way this bad boy is going to go; but he's not giving away any early 'hints' that's for sure. Sit tight; have a coffee and enjoy the thrill of the ride (well er....when it moves that is...)
  • #203,032
  • Mar 2, 2010 10:58pm Mar 2, 2010 10:58pm
Quoting Ctic
Agreed, but I figured I would chance. My entry is 1.4860 w/ sl at 1.4865. I can't really get hurt now.
So far...so good.
  • #203,033
  • Mar 2, 2010 11:07pm Mar 2, 2010 11:07pm
Quoting XTrade
Breakout is imminent. 4986 (Psych 5000) does not want to give so easy to the bulls. Further range always a possibility.

Keep an eye on Bollinger bands, the tighter the constriction and higher the TF the more explosive the breakout (Usually)

Where is Dr. D? Compression Chart should be shaping up nicely.

Been at the hospital all day honoring the birth of my 16th grandchild...
and covering for another Dr. in their clinic these past 2 weeks who has
been very ill. No time or focus for trading from this end.

As far as c-charts are concerned, at the time of your post... the only one
that was primed for that unexpected move was the 1m following the AIG
related news serving as the trigger.

Next charts to form could still be the 30m if the price stays at this level
or the 15m could reform much earlier if it drifts back down. The 5m could
still join to complement the 15m. The 1m is always the tickler and has no bias.

I like to watch the 144ema's (aqua) as areas where compressions will form
in time. Going down the ~1.5000 level is that level. Going up the ~1.5060 for
the 30m and ~1.5180 for the 1h and ~1.5540 for the 4h.

Dr. D.
Attached Images
  • #203,034
  • Mar 2, 2010 11:09pm Mar 2, 2010 11:09pm
Quoting wormboy
hi java

cable broke dp forcefully. I think 200 pips down is a big ask. Trade safe
thanks you wormy...i will...,

200 pips is down for wave 2 (i think)...,i did't see the big up moving yet (from low price) so, i think this time still ranging...

i have different view about long or short mostly all the time than the other..,i have MM too, so i will be ok...,thanks you...,the best for you too...


@ others...,becarefull in short..., happy trading for all...
I will be the number one Manager.
  • #203,035
  • Mar 2, 2010 11:10pm Mar 2, 2010 11:10pm
Quoting fourxtrader
Been at the hospital all day honoring the birth of my 16th grandchild...
and covering for another Dr. in their clinic these past 2 weeks who has
been very ill. No time or focus for trading from this end.

As far as c-charts are concerned, at the time of your post... the only one
that was primed for that unexpected move was the 1m following the AIG
[i][color=blue]related news serving...

Congrats Dr. D
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #203,036
  • Mar 2, 2010 11:10pm Mar 2, 2010 11:10pm
My chart shows that up move it's not finish yet although this is 4 hour chart we could see small down movement i would say that gu will test ma21 and if breaks it then next move will be Fib 50.
Attached Image (click to enlarge)
Click to Enlarge Name: guranging.gif Size: 26 KB
  • #203,037
  • Mar 2, 2010 11:13pm Mar 2, 2010 11:13pm
Quoting fourxtrader
Been at the hospital all day honoring the birth of my 16th grandchild...
and covering for another Dr. in their clinic these past 2 weeks who has
been very ill. No time or focus for trading from this end.

As far as c-charts are concerned, at the time of your post... the only one
that was primed for that unexpected move was the 1m following the AIG
[i][color=blue]related news serving...
Congrats on the grandchild. Sorry to hear about the sick Dr.

C.
  • #203,038
  • Mar 2, 2010 11:18pm Mar 2, 2010 11:18pm
Quoting javapips
why timing the market is so hard...it's make me not confident with the price too...,
If this is a pullback round, the first possible ending is around 1.5050. The second one is around 1.5200.
Face both Win and Lose bravely
  • #203,039
  • Mar 2, 2010 11:23pm Mar 2, 2010 11:23pm
Quoting TrueBlue
Hang in there Java; it's boring; frustrating; tiring; but now getting at least a little interesting at this important point of resistance. Soon (or not) we'll know which way this bad boy is going to go; but he's not giving away any early 'hints' that's for sure. Sit tight; have a coffee and enjoy the thrill of the ride (well er....when it moves that is...)
@TrueBlue

the candle formation is not good for down...,now the one that could possible for this situation (1.5082) is spike up fast and don't make a candle close higher in 1 hours chart...
hope green pips for you..

@Cowboy

Hope the best for you...,Boy...
I will be the number one Manager.
  • #203,040
  • Mar 2, 2010 11:41pm Mar 2, 2010 11:41pm
Quoting javapips
@TrueBlue

the candle formation is not good for down...,now the one that could possible for this situation (1.5082) is spike up fast and don't make a candle close higher in 1 hours chart...
hope green pips for you..

@Cowboy

Hope the best for you...,Boy...
Yeah dude, I have to be honest and say that things are not shaping up the way they previously were and I may end up "eating my shorts" However, I personally still think there is a lot of downward pressure and the daily formation to me is very weak and insiginificant for a trend change at this point...so I remain ever vigilant and a little hopeful that this might still come back my way. if not...
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