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Cable Update (GBPUSD)

  • #236,601
  • Jul 8, 2010 2:34pm Jul 8, 2010 2:34pm
http://onthelevelblog.files.wordpres...fic_lights.jpg
  • #236,602
  • Jul 8, 2010 2:39pm Jul 8, 2010 2:39pm
Quoting cloggie
http://onthelevelblog.files.wordpres...fic_lights.jpg
Perfect, Cloggie!!
Now I know exactly what to do!!
******************* I'd rather make money than be right.
  • #236,603
  • Jul 8, 2010 2:41pm Jul 8, 2010 2:41pm
Magix, I like your new template .. thanks
******************* I'd rather make money than be right.
  • #236,604
  • Jul 8, 2010 2:45pm Jul 8, 2010 2:45pm
Sorry no..just the regular fractals work pretty well..
Quoting kill56
dos this looks better
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily ew.gif Size: 32 KB
  • #236,605
  • Jul 8, 2010 2:46pm Jul 8, 2010 2:46pm
Quoting cloggie
http://onthelevelblog.files.wordpres...fic_lights.jpg
  • #236,606
  • Jul 8, 2010 2:48pm Jul 8, 2010 2:48pm
Anyone actually trading this rejection of the low and the rejection of 51372 and the rejection of the 150ma and the rejection of the DP and the rejection of the 61.8 retrace of the day's move and the rejection of 5162, or are we all just counting waves and fracasses?
  • #236,607
  • Jul 8, 2010 2:52pm Jul 8, 2010 2:52pm
mine
Attached Image
  • #236,608
  • Jul 8, 2010 2:55pm Jul 8, 2010 2:55pm
Quoting cloggie
Anyone actually trading this rejection of the low and the rejection of 51372 and the rejection of the 150ma and the rejection of the DP and the rejection of the 61.8 retrace of the day's move and the rejection of 5162, or are we all just counting waves and fracasses?

i,d rather be flat till london or when the little guys comes in unless the darn itchy fingers do something
  • #236,609
  • Jul 8, 2010 2:57pm Jul 8, 2010 2:57pm
Quoting kill56
i,d rather be flat till london or when the little guys comes in unless the darn itchy fingers do something
I squeezed another few pips out of her using exactly the same scenario we discussed several times earlier today, it continues to follow exactly the same levels it has since the open.
  • #236,610
  • Jul 8, 2010 2:57pm Jul 8, 2010 2:57pm
Quoting cloggie
Anyone actually trading this rejection of the low and the rejection of 51372 and the rejection of the 150ma and the rejection of the DP and the rejection of the 61.8 retrace of the day's move and the rejection of 5162, or are we all just counting waves and fracasses?
I am scalping longs jumping in at the bottom counting 5 Waves on the 1 min jumping out & I have made 75 Pipss having fun but I wont hold a position because if you know ANYTHING about WAVES its that WAVE 5 is called the SUCKERS WAVE because it can be a Failed Wave meaning it NEVER makes it to its Destination!
  • #236,611
  • Jul 8, 2010 2:59pm Jul 8, 2010 2:59pm
Quoting Allseeingeye
if you know ANYTHING about WAVES

I will be the first to admit that I know bugger all about counting waves, I just ride them not really caring what number the darn thing has.
  • #236,612
  • Jul 8, 2010 3:01pm Jul 8, 2010 3:01pm
Quoting cloggie
Anyone actually trading this rejection of the low and the rejection of 51372 and the rejection of the 150ma and the rejection of the DP and the rejection of the 61.8 retrace of the day's move and the rejection of 5162, or are we all just counting waves and fracasses?
I'm trading the rejection of the 61.8 .. again. Your picture 'illuminated' the way
******************* I'd rather make money than be right.
  • #236,613
  • Jul 8, 2010 3:03pm Jul 8, 2010 3:03pm
Quoting 4xStar
I'm trading the rejection of the 61.8 .. again. Your picture 'illuminated' the way

If you use daily retraces based on fibs, enter on the 23.8, make sure the momentum level goes (50.0) and keep your finger on the button at 61.8. Once 61.8 goes, the day's high is next.

Simples.
  • #236,614
  • Jul 8, 2010 3:09pm Jul 8, 2010 3:09pm
Quoting 4xStar
I'm trading the rejection of the 61.8 .. again. Your picture 'illuminated' the way
if you guys open 2 charts 1 of the EUR/GBP & 1 of the USDX you will be amazed how it will help you no matter what system you are using. This last move up is why wave 5 sucks & i saw that 1 min USDX & EUR/GBP were pointing up so GBP Weakness means stay out plus its wave 5. just some food for thought if you try it i am sure you will love it.
  • #236,615
  • Jul 8, 2010 3:10pm Jul 8, 2010 3:10pm
According to the search pattern we have a gartly on the daily.. These are two different programs for chart patterns...i just use them as a heads up!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd dailysearch pattern.gif Size: 42 KB
Attached File(s)
File Type: ex4 LAST DEAME PATTREN 001 Vad.ex4   55 KB | 319 downloads
File Type: ex4 Search_patterns_v6.ex4   87 KB | 297 downloads
  • #236,616
  • Jul 8, 2010 3:11pm Jul 8, 2010 3:11pm
Quoting Allseeingeye
if you guys open 2 charts 1 of the EUR/GBP & 1 of the USDX you will be amazed how it will help you no matter what system you are using. This last move up is why wave 5 sucks & i saw that 1 min USDX & EUR/GBP were pointing up so GBP Weakness means stay out plus its wave 5. just some food for thought if you try it i am sure you will love it.

add to them es chart too its realy important to have it
  • #236,617
  • Jul 8, 2010 3:13pm Jul 8, 2010 3:13pm
Yep or it can be an extention..LOL
Quoting Allseeingeye
I am scalping longs jumping in at the bottom counting 5 Waves on the 1 min jumping out & I have made 75 Pipss having fun but I wont hold a position because if you know ANYTHING about WAVES its that WAVE 5 is called the SUCKERS WAVE because it can be a Failed Wave meaning it NEVER makes it to its Destination!
  • #236,618
  • Jul 8, 2010 3:15pm Jul 8, 2010 3:15pm
Quoting StarChild
According to the search pattern we have a gartly on the daily.. These are two different programs for chart patterns...i just use them as a heads up!
thats cool do u use zup too i do and its not bad at all
  • #236,619
  • Jul 8, 2010 3:16pm Jul 8, 2010 3:16pm
Quoting kill56
thats cool do u use zup too i do and its not bad at all
What the bleep is zup??
******************* I'd rather make money than be right.
  • #236,620
  • Jul 8, 2010 3:17pm Jul 8, 2010 3:17pm
No I don't...two are enough..but I have it..I will look at it again..thanks
Quoting kill56
thats cool do u use zup too i do and its not bad at all
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