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Cable Update (GBPUSD)

  • #270,301
  • Jan 28, 2011 3:33am Jan 28, 2011 3:33am
Quoting Sunsi
Nice chart! Thanks for posting! I am not familiar with HH, HL, what does it stand for? And what do you make of a Candlestickformation like that?
Thanks for helping out.
HH higher hi
HL higher low
LL lower low
LH lower hi
etc
FRACTAL ARROWS : identify bearish or bullish direction.
All systems of divination, like music itself,work through patterns.
  • #270,302
  • Jan 28, 2011 3:38am Jan 28, 2011 3:38am
Quoting Sunsi
Nice chart! Thanks for posting! I am not familiar with HH, HL, what does it stand for? And what do you make of a Candlestickformation like that?
Thanks for helping out.

sorry i missed your post, as page turned...thx to Kaspopsicle for the explanation...that's tight they are fractal swing hi/Lo's - ie the overall price action of that t/f

G/L
ex member
  • #270,303
  • Jan 28, 2011 3:39am Jan 28, 2011 3:39am
thanx for your answer
  • #270,304
  • Jan 28, 2011 3:40am Jan 28, 2011 3:40am
5min prints it's 3rd HL and HH..5min master bullish engulfing candle closed engulfing last 6 candles on that t/f....how much supply left in this pullback hi area now ?

G/L
ex member
  • #270,305
  • Jan 28, 2011 3:44am Jan 28, 2011 3:44am
Quoting bbmac
sorry i missed your post, as page turned...thx to Kaspopsicle for the explanation...that's tight they are fractal swing hi/Lo's - ie the overall price action of that t/f

G/L
i'm rarely tight at this time of day ,Mac. pleasure to be able to help
All systems of divination, like music itself,work through patterns.
  • #270,306
  • Jan 28, 2011 3:49am Jan 28, 2011 3:49am
price reached 61.8% of the last 1hr swing 5912- current daily lo, as the current 1hr pullback hi 2 x nice 5min rejection candles again !
ex member
  • #270,307
  • Jan 28, 2011 3:53am Jan 28, 2011 3:53am
We'll break it finally !


















Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, H4 ,.gif Size: 21 KB
Put your hands in the air , Give me all your money ! !
  • #270,308
  • Jan 28, 2011 4:12am Jan 28, 2011 4:12am
hope no one got caught on the shortside there.

G/L
ex member
  • #270,309
  • Jan 28, 2011 4:17am Jan 28, 2011 4:17am
Quoting bbmac
hope no one got caught on the shortside there.

G/L
Only a tad 10 pip loss, waiting for the 5 min to turn back under the neck line before I go short again.
  • #270,310
  • Jan 28, 2011 4:27am Jan 28, 2011 4:27am
Price crashes into descending 1hr trend line at the 1hr pullback current hi..

Done for day/week,

have a good w/e

G/L
Attached Image
ex member
  • #270,311
  • Jan 28, 2011 5:08am Jan 28, 2011 5:08am
Hi guys, i just noticed that GBP/NZD is testing 50% fibbonacci support at price 2.05350 of High - 2.1142 and Low-1.9911 in the daily chart...

i guess can establish a short long position... anyone with the same opinion? any masterminds here?
  • #270,312
  • Jan 28, 2011 5:42am Jan 28, 2011 5:42am
Quoting Ma Baker
We'll break it finally !


















what did we break?
  • #270,313
  • Jan 28, 2011 5:51am Jan 28, 2011 5:51am
Any explenation of this strong GBP move ?
  • #270,314
  • Jan 28, 2011 5:57am Jan 28, 2011 5:57am
Good day,

Whilst EU is taking more and more drugs just to stay alive, ( I am slowly starting to build shorts towards 1.3250) GU is rocking and rolling. Seasick. Waiting to short this marther. Would love to see this move to 1.5937 area...

Regards
Attached Image
  • #270,315
  • Jan 28, 2011 6:01am Jan 28, 2011 6:01am
As you know the beginning of the day (00:00 GMT 0) is the critical point for GU. as you can see it just stopped there!
  • #270,316
  • Jan 28, 2011 6:05am Jan 28, 2011 6:05am
Quoting iqyu5an
hi miza....

wow the great miza now in gu thread also... welcome welcome ..........

how is your boyfriend upssssssss sorry your brother vincy ?

nice to see your chart here ..........
iqyu5an.... naughty

anyway.. thanks for d'compliment.. no im just a little girl here...

now.. off course..
Im long and long and long.. again and again.. for intraday

based on my swing EW analysis below take a look..

that one for my intraday entry for just now
Attached Images
  • #270,317
  • Jan 28, 2011 6:07am Jan 28, 2011 6:07am
Could this be some stophunting before we see a downmove?
DJ at 12k, SP at 1.3k should be facing some resistance here whice should boost the USD..
  • #270,318
  • Jan 28, 2011 6:08am Jan 28, 2011 6:08am
Maybe this has something to do with it...

geitner speaks

Oh yeah...grashid......

Aussie_Pride
Member

Member Since May 2010
14 Posts

Quote:
Originally Posted by grashid
its only bullshit... sell all rallies still on...cheers

p/s: today close below 1.5850..that it....remember daily=weekly=min 250-300pips drop from 5950 area...
Hi Grashid,

Everyone has a different perspective and different ways to gauge if they are bullish or bearish! The way you see it is as bearish is your perspective. I gauge it as bullish and that is my perspective....And this is what makes the market.

Cheers
Aussie_Pride


nice work Aussie!
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  • #270,319
  • Jan 28, 2011 6:11am Jan 28, 2011 6:11am
Anyone can guess will this GDP report will be as expected, better or worse? Any guess...Poll?
  • #270,320
  • Jan 28, 2011 6:15am Jan 28, 2011 6:15am
Cheeky test of that DTL and WP again ... break and hold above on H4 and 16100 comes into play, imo
Attached Image (click to enlarge)
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