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Cable Update (GBPUSD)

  • #253,741
  • Sep 16, 2010 10:07am Sep 16, 2010 10:07am
Quoting USD-Bear
does anyone have a reference of a live gbplfx chart on the net?
Open a demo account here and you can get it and many more.http://www.liteforex.org/demoaccount.php
  • #253,742
  • Sep 16, 2010 10:09am Sep 16, 2010 10:09am
Quoting nAVIN2007
hows this one for yah..i think u will be fine thou..cant see this breaking out this time of day..dailly setup to be bearish..

GL

yea agreed......5650 seems to area of supply and a protected level.....pa sort of looks like 6000 level rejection.
Attached Image (click to enlarge)
Click to Enlarge Name: gusep16.jpg Size: 129 KB
  • #253,743
  • Sep 16, 2010 10:15am Sep 16, 2010 10:15am
Quoting mfoste1
yea agreed......5650 seems to area of supply and a protected level.....pa sort of looks like 6000 level rejection.
Hey Mfoste1,

just noticed A lot of volume on the last bar of your chart, whats do you think is it sellers?
  • #253,744
  • Sep 16, 2010 10:18am Sep 16, 2010 10:18am
Quoting mdiz2
Open a demo account here and you can get it and many more.http://www.liteforex.org/demoaccount.php
Mind dropping daily one here, with lots of data?
Don't be a hero. Don't have an ego. Always question yourself
  • #253,745
  • Sep 16, 2010 10:20am Sep 16, 2010 10:20am
possible head and shoulders now 15m
Attached Image
  • #253,746
  • Sep 16, 2010 10:21am Sep 16, 2010 10:21am

HIgh volumes and long upper wick

Peace And Quite Is Utterly Malapropos Of My Departure . . .
  • #253,747
  • Sep 16, 2010 10:23am Sep 16, 2010 10:23am

Quoting Vegapunk
HIgh volumes and long upper wick

Quoting Vegapunk
I mean EU and EJ
Peace And Quite Is Utterly Malapropos Of My Departure . . .
  • #253,748
  • Sep 16, 2010 10:24am Sep 16, 2010 10:24am
Quoting Delite
Don't know if you are still around, Magix, but do you trade EU as well as cable?
Yes D,

I trade GBP/USD, EUR/USD, GBP/JPY and EUR/JPY.

I play most heavily on Cable. It really is by far the easiest and most predictable player.

IMO.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,749
  • Sep 16, 2010 10:26am Sep 16, 2010 10:26am
Quoting Temps
Hey Mfoste1,

just noticed A lot of volume on the last bar of your chart, whats do you think is it sellers?

im noticing this on a lot of pairs, but more specifically, au eu and gu. It looks like huge volumes on up moves, but no follow through. This tells me that longs are either dumping or running into huge selling pressure. I would have to say this is distribution....big move down building.
  • #253,750
  • Sep 16, 2010 10:31am Sep 16, 2010 10:31am
Quoting Magix
Yes D,

I trade GBP/USD, EUR/USD, GBP/JPY and EUR/JPY.

I play most heavily on Cable. It really is by far the easiest and most predictable player.

IMO.
I was just looking at EU and it seems the rollover is as pivotal on that pair as it is for cable. (Please ignore me if I am stating the blooming obvious - I am just learning and every new discovery is a wonder!)

Second question - do you ever sleep?!
  • #253,751
  • Sep 16, 2010 10:35am Sep 16, 2010 10:35am
Quoting mfoste1
yea agreed......5650 seems to area of supply and a protected level.....pa sort of looks like 6000 level rejection.

i hope this isnt in play for my sake!!
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 89 KB
  • #253,752
  • Sep 16, 2010 10:46am Sep 16, 2010 10:46am
May be of some interest to some. The blue channel is a projection, only 3 point touching, but the gradient is very similar the established yellow channel. Perhaps a retrace to the lower channel line?
Attached Image (click to enlarge)
Click to Enlarge Name: 17septchannel.gif Size: 24 KB
  • #253,753
  • Sep 16, 2010 10:48am Sep 16, 2010 10:48am
Quoting nAVIN2007
i hope this isnt in play for my sake!!
i am wth u bro but to the other end i will for u

whats cocking
  • #253,754
  • Sep 16, 2010 10:49am Sep 16, 2010 10:49am
Quoting Magix
With London now closed...

Price still struggling with rollover, I wouldn't be betting that NY will be buying to much up here.

EUR being the bull today, has already turned negative, I'm not betting on longs now....Whippy dog ass day...

Think I gunna wait until roll over...enjoy the day for what it has to offer, and get all gunned for some excitement later on.

Have a good rest of the day guys!
What is better or simpler :indicator Dolly Graphics-11 or DG-13 and where to download D-11?
  • #253,755
  • Sep 16, 2010 10:51am Sep 16, 2010 10:51am
hi alll

dam it room whats wronge with 20-30 pips a hit cash the green hit the b;;;;;;;;;;h again where it hurts enjoy
  • #253,756
  • Sep 16, 2010 10:55am Sep 16, 2010 10:55am
Quoting kill56
i am wth u bro but to the other end i will for u

whats cocking
sup brother!..been off the whole day!..same tomorrow..

been missing u bro!
  • #253,757
  • Sep 16, 2010 10:58am Sep 16, 2010 10:58am
Quoting kill56
i am wth u bro but to the other end i will for u

whats cocking
Hi bro
125 min and my 4H close then i can tell what i see on my chart if u care to know
In my view we r in turning point confirmation to long term traders.
  • #253,758
  • Sep 16, 2010 10:59am Sep 16, 2010 10:59am
Quoting Delite
I was just looking at EU and it seems the rollover is as pivotal on that pair as it is for cable. (Please ignore me if I am stating the blooming obvious - I am just learning and every new discovery is a wonder!)

Second question - do you ever sleep?!
Chart #1, yes, daily roll over is a very pivotal point for EU as well...Plays into EJ, GJ as well...

The chart shows that at first attempt to close over, there was a defined fail, second attempt closed above and then tested this line for support.

Second chart...how do I scalp...off the 5m chart, same charts as I have been typically posting. Using a double hulls to keep me on the proper side of things. If fast is above slow, and price moves above fast, take long. IF fast is below slow and price closes below, take short. (both lines blue, trade long, both lines purple, trade short( <-simplicity. Area on chart marked (Blue Zone) is a confirmed buy area for me.

Hope this helps out.

It is easier to see todays action on the EU chart, cable was choppy but I did take a couple trades...

Yes, I do sleep, catch a wink here n there. heh.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU1.jpg Size: 142 KB
Click to Enlarge Name: EU2.jpg Size: 156 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #253,759
  • Sep 16, 2010 10:59am Sep 16, 2010 10:59am
Quoting mfoste1
im noticing this on a lot of pairs, but more specifically, au eu and gu. It looks like huge volumes on up moves, but no follow through. This tells me that longs are either dumping or running into huge selling pressure. I would have to say this is distribution....big move down building.
Thanks for reply...
  • #253,760
  • Sep 16, 2010 11:00am Sep 16, 2010 11:00am
Quoting meromar
What is better or simpler :indicator Dolly Graphics-11 or DG-13 and where to download D-11?

tsd all good the leatest is better
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