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Cable Update (GBPUSD)

  • #262,101
  • Oct 27, 2010 6:53pm Oct 27, 2010 6:53pm
Look...make instant profits...
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  • #262,102
  • Oct 27, 2010 6:54pm Oct 27, 2010 6:54pm
Quoting chazzle
Look...make instant profits...
lol... IG Index make it up as they go along... lol
  • #262,103
  • Oct 27, 2010 6:58pm Oct 27, 2010 6:58pm
Quoting bbakker
lol... IG Index make it up as they go along... lol
yeah-probably why they write "data is indicative" at the bottom of their charts-"indicative of our wild imagination" probably
  • #262,104
  • Oct 27, 2010 6:59pm Oct 27, 2010 6:59pm
Quoting chazzle
yeah-probably why they write "data is indicative" at the bottom of their charts-"indicative of our wild imagination" probably
lol... I hope you're taking them to the cleaners!
  • #262,105
  • Oct 27, 2010 7:00pm Oct 27, 2010 7:00pm
Quoting bbakker
lol... IG Index make it up as they go along... lol
I agree with that - once my ticket told me I was 37,000 in profit to quickly change back to normal. I still wonder if i would of clicked close in time if it would of banked me the cash?!
  • #262,106
  • Oct 27, 2010 7:01pm Oct 27, 2010 7:01pm
Quoting bbakker
lol... I hope you're taking them to the cleaners!
thanks-I try to make at least 10x what they make on the spread,lol
  • #262,107
  • Oct 27, 2010 7:07pm Oct 27, 2010 7:07pm
Quoting PIPMunch
I agree with that - once my ticket told me I was 37,000 in profit to quickly change back to normal. I still wonder if i would of clicked close in time if it would of banked me the cash?!
37 large... oh boy, I wish you had banked it. Imagine the phone calls from them afterwards... Actually, they would prolly just take the money from your account, unless you withdrew it promptly before they noticed! lol
  • #262,108
  • Oct 27, 2010 7:08pm Oct 27, 2010 7:08pm
Quoting PIPMunch
I agree with that - once my ticket told me I was 37,000 in profit to quickly change back to normal. I still wonder if i would of clicked close in time if it would of banked me the cash?!
yeah used to happen a lot to me on their old iphone platform....not as good as Iweb though I bought and sold some FTSE ETF in one day and made a 10,000% percent return 9K to 900k,alas they wouldn't let me keep it...
  • #262,109
  • Oct 27, 2010 7:18pm Oct 27, 2010 7:18pm
That will do me. 15 pips on the EU short x2. One runner left out there as a free trade hoping it will respect the trendline. My bed is calling me... goodnight folks!
  • #262,110
  • Oct 27, 2010 7:19pm Oct 27, 2010 7:19pm
see you later bb
  • #262,111
  • Edited 8:39pm Oct 27, 2010 8:22pm | Edited 8:39pm
Bearish Gartley butterfly at the daily charts

+

http://img513.imageshack.us/img513/4256/patternk.jpg @30M chart
  • #262,112
  • Oct 27, 2010 10:39pm Oct 27, 2010 10:39pm
Cable stuck between the bulls and the bears. No clear pattern could be seen. Refer the following template; it is very useful in spotting trend reversals.
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  • #262,113
  • Oct 27, 2010 11:48pm Oct 27, 2010 11:48pm
Quoting thefxfanatic
Cable stuck between the bulls and the bears. No clear pattern could be seen. Refer the following template; it is very useful in spotting trend reversals.
[ATTACH]569193
of course, all hindered by the rainbow
  • #262,114
  • Edited 1:13am Oct 28, 2010 12:57am | Edited 1:13am
current charts w/ near targets for BO/reversal. see when we hit them. since we're chopping, still just trading lower TF atm. not much else to add until we break out proper. a close above the monthly balance point will put us back in bull territory, but for the time being we are right on the line, so could go either way. Sterling weak, but that doesn't rule out a small run north before they drop it. If the Daily descending TL holds price here and we break back below the Daily Open, then we'll probably test the Monthly Open and lower ascending TL next.

good luck w/ your trades



post from Oct. 21

Quoting Fudomyo
...
Looking at the 2 last Daily candles, it could go sideways or up as easily as down. (I'm looking at the Aug Sept indecision area as a reference point)
... just trading the lower TF swings in this area until they sort direction.
http://www.forexfactory.com/showthre...67#post4112567
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  • #262,115
  • Oct 28, 2010 1:20am Oct 28, 2010 1:20am
Found threads Dragon and dragon2 systems Anybody studied? Is Dradon2 good? Any semblance with Boodo Woodo system? Another meanning of dragon is GBPJPY?
  • #262,116
  • Oct 28, 2010 1:29am Oct 28, 2010 1:29am
1.5825 is the 38.2% of fibs ,let us c what will happen
A chart helps those who can read it.
  • #262,117
  • Oct 28, 2010 2:01am Oct 28, 2010 2:01am
Quoting meromar
Found threads Dragon and dragon2 systems Anybody studied? Is Dradon2 good? Any semblance with Boodo Woodo system? Another meanning of dragon is GBPJPY?
Give a link meromar...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #262,118
  • Oct 28, 2010 2:18am Oct 28, 2010 2:18am
GBPUSD on it's way down...bearish on weekly chart.
  • #262,119
  • Oct 28, 2010 2:29am Oct 28, 2010 2:29am
hello everybody ......

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  • #262,120
  • Oct 28, 2010 2:37am Oct 28, 2010 2:37am
TL held, first downside target (daily open) hit.

1H close below DO puts Monthly open, 15700 into play.

If for some odd reason we close back above DO, will reverse position and target 1584, 15900 topside, ...doubtful but whipsaw market anything possible.

lol... kung fu ping pong, book early, book green.



Quoting Fudomyo
... If the Daily descending TL holds price here and we break back below the Daily Open, then we'll probably test the Monthly Open and lower ascending TL next.
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