Cable Update (GBPUSD) | Page 12287 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #245,721
  • Aug 15, 2010 3:23am Aug 15, 2010 3:23am
Also check all support / resistance around 1.5500 on daily chart

http://img838.imageshack.us/img838/2262/64152090.gif
  • #245,722
  • Aug 15, 2010 3:30am Aug 15, 2010 3:30am
Dinapoli template in MT4

Also check other templates

http://img695.imageshack.us/img695/3228/68012463.gif
  • #245,723
  • Aug 15, 2010 3:30am Aug 15, 2010 3:30am
Quoting Honored
Your analysis doesn't help at all. You are confused yourself... either support the long or short, not both. and by the way 4h is still down, we dropped 100 pips on friday, how is it clearly up.
I really think i am on this one not cofused, it been up for the past 2 and a half months somthing to tht extend, so tht is atleast a med lenght trend you know, but ok do this exercize, open 4h chart and zoom out 2 times, and tell me how g/u have been moving, if you still say down then you see every retracment as a trend change???

As for the reason i am not clearly indicating a massive drop and also not a massive move up is yet again, go look at daily 2times zoomd out also then youl see a very nice 1-5 elliot pattern and the med lenght 2and a half month up trend might very well be the a of a correction, so this quick retracment of the current 2 odd month up trend can hardly be seen as big enough to count as a point B so here comes my rationalization, we are moving into some support, so 15min might setup for quite a few pips to the up if the support holds, or you could completly just ignore the 15min setups and just position yourself for the longer term downmove to still happen when it retraces to complete point B.
So as you can see i am not buying and selling.

As for confusing please explain to me, trendline, divergence and BB just to aid with bigger S&R is confusing man.

Is tht clear enough to your liking king?
really positive feedback is usually the idea you know not to attack me.
  • #245,724
  • Aug 15, 2010 3:41am Aug 15, 2010 3:41am
Quoting forexlion
good analysis, i liked your rsi 7 setup, very realistic

your logic is also good, let the end decision remain on the reader.
Thanks for positive feedback man
  • #245,725
  • Aug 15, 2010 3:48am Aug 15, 2010 3:48am
Quoting cloggie
I noticed Forexlions post a few above here, what happened to him, down to a single vouch? I was kind of enjoying some of his banter here.
What comes around goes around. In my eyes he's just an idiot and I am sure some people think the same of me
  • #245,726
  • Aug 15, 2010 4:43am Aug 15, 2010 4:43am
Quoting bbakker
What comes around goes around. In my eyes he's just an idiot and I am sure some people think the same of me
lol, got to admit tho its interesting really to see how short of time it takes for the market to send his big bold attention seeking calls down in flame . Even tho two weeks ago tops didnt exist his top for last week was 1.6240 and anything above 1.5961 was a buy, oops wrong again. Its fun to see how as wormie calls it the super duper bestest ever never wrong software repaints the picture this week. Think he has got the user friendly version that automatically repaints existing trades to match the most up to date repainted picture
  • #245,727
  • Aug 15, 2010 4:47am Aug 15, 2010 4:47am
Quoting digger1
lol, got to admit tho its interesting really to see how short of time it takes for the market to send his big bold attention seeking calls down in flame . Even tho two weeks ago tops didnt exist his top for last week was 1.6240 and anything above 1.5961 was a buy, oops wrong again. Its fun to see how as wormie calls it the super duper bestest ever never wrong software repaints the picture this week. Think he has got the user friendly version that automatically repaints existing trades to match the most up to date repainted picture
Love it! A classic FL post, which I was kind enough to point out that he was wrong -

http://www.forexfactory.com/showthre...50#post3943150

Any dumpings come straight out of his backside!
  • #245,728
  • Aug 15, 2010 4:49am Aug 15, 2010 4:49am
Quoting digger1
lol, got to admit tho its interesting really to see how short of time it takes for the market to send his big bold attention seeking calls down in flame . Even tho two weeks ago tops didnt exist his top for last week was 1.6240 and anything above 1.5961 was a buy, oops wrong again. Its fun to see how as wormie calls it the super duper bestest ever never wrong software repaints the picture this week. Think he has got the user friendly version that automatically repaints existing trades to match the most up to date repainted picture
and my target is still 1.7500, I am not going to change this view for a minor correction

wormie's 1.70 is still not reached, it will be achieved.
  • #245,729
  • Aug 15, 2010 4:50am Aug 15, 2010 4:50am
Hi bbakker,

I have been following your posts about how you can no longer day trade and are developing your swing trading strategy. I found a web site with some free info which I though might interest you but your PM is deactivated. Send me a PM and I will forward the llink to you. I have no connection with the web site. I found it through the FX Street site when revisiting Sam Seiden's videos which I agree are very helpful
  • #245,730
  • Aug 15, 2010 4:51am Aug 15, 2010 4:51am
Quoting forexlion
and my target is still 1.7500, I am not going to change this view for a minor correction

wormie's 1.70 is still not reached, it will be achieved.
sure it will be , but got a week and a half gains to get back before it gets a pip closer
  • #245,731
  • Aug 15, 2010 4:53am Aug 15, 2010 4:53am
damn am i just imagining myself or are sundays swinging shit at one another day haha, yet i must agree i want to sidline and watch
  • #245,732
  • Aug 15, 2010 4:55am Aug 15, 2010 4:55am
Quoting CoffeeDrinke
damn am i just imagining myself or are sundays swinging shit at one another day haha, yet i must agree i want to sidline and watch
lol, just trading talk is all ha ha
  • #245,733
  • Aug 15, 2010 4:55am Aug 15, 2010 4:55am
Quoting forexlion
and my target is still 1.7500, I am not going to change this view for a minor correction

wormie's 1.70 is still not reached, it will be achieved.
1.75 for me is in no man's land looking at the weekly

Attached Image (click to enlarge)
Click to Enlarge Name: gu_w_100815.jpg Size: 124 KB


Wormie's 1.70 is the more realistic target. You seem to pluck numbers out of thin air if you ask me.
  • #245,734
  • Aug 15, 2010 4:56am Aug 15, 2010 4:56am
Quoting digger1
sure it will be , but got a week and a half gains to get back before it gets a pip closer
you know its hard to forcast to the pip man give the man a few pips breathing space haha(sorry i also felt like slinging shit around haha)
  • #245,735
  • Edited 5:11am Aug 15, 2010 4:58am | Edited 5:11am
Quoting CoffeeDrinke
you know its hard to forcast to the pip man give the man a few pips breathing space haha(sorry i also felt like slinging shit around haha)
hmmm , a top of 1.6240 compared to where the mkt closed the week may be just a little more than a pip or 2 especially since it didnt even reach the called for consolidation area lol
  • #245,736
  • Aug 15, 2010 4:59am Aug 15, 2010 4:59am
i must agree 1,75 is abit far out, i am not even sure if 1,6 wil be reachd, i know trend is up but on longer term move you know this is a darn big a correction so i doubt it going to 1,75 any time soon
  • #245,737
  • Aug 15, 2010 5:02am Aug 15, 2010 5:02am
Quoting CoffeeDrinke
i must agree 1,75 is abit far out, i am not even sure if 1,6 wil be reachd, i know trend is up but on longer term move you know this is a darn big a correction so i doubt it going to 1,75 any time soon
Honestly, just keep watching FLs posts and calls... you'll have a whale of a time on how wrong he can get it.

The golf course beckons me, so I am out of here!
  • #245,738
  • Aug 15, 2010 5:03am Aug 15, 2010 5:03am
Quoting digger1
hmmm , a top of 1.6240 compared to where the mkt closed the week may be just a little more than a pip or 2 lol
Good seeing you again buddy! The plan is coming together and I am hoping to have completed first draft by the end of August, so the less time I spend on here, the better.

Take it easy matey and speak to you soon.
  • #245,739
  • Aug 15, 2010 5:06am Aug 15, 2010 5:06am
Quoting bbakker
Good seeing you again buddy! The plan is coming together and I am hoping to have completed first draft by the end of August, so the less time I spend on here, the better.

Take it easy matey and speak to you soon.
Back at you man , take care and hope all goes well
  • #245,740
  • Aug 15, 2010 5:09am Aug 15, 2010 5:09am
Quoting CoffeeDrinke
i must agree 1,75 is abit far out, i am not even sure if 1,6 wil be reachd, i know trend is up but on longer term move you know this is a darn big a correction so i doubt it going to 1,75 any time soon
Truthfully I dont care which way it moves as long as it moves , the buy or sell tab works the exact same way lol
439 traders viewing now, 6 are registered:
,
sanity
,
jessetoye
,
smtchris71
,
BeeTogether
,
Richiiee