Cable Update (GBPUSD) | Page 13653 | 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)

  • #273,041
  • Edited Feb 27, 2011 1:38am Feb 26, 2011 10:25am | Edited Feb 27, 2011 1:38am
Quoting felixcatwa
Thank you for your reply! =))
I really like to understand behind the concept of Harmonic Pattern and how to identify these pattens. May i ask where i can find material to learn it? also may i ask where to find the author for ZUP v.9.2 new release. Would you mind to guide me?

I agree with you Chart Patterns, Elliot Wave, Harmonic Pattern, VSA and Planetarium or even Gann theory method. Exactly, they are very difficult to study and understand the formation...which involves lot of visual and art talents to identify these patterns.

Kindly Regards,
Felix...
Concept and Identify of HARMONIC Pattern formed from a Variety Theory.
Basic with Zig Zag, Chart Pattern, Fibonacci, Elliot Wave etc. Started ZUP v8.9 - Gann Theory included.
No Material to learn it. Only CHART, No HANDBOOK because always constant renewal, maybe. I was posted in Room around 8 -11 Months ago.
Another Programs like Chart Pattern, Elliot Wave, Fibonacci, VSA or Gann got Handbook to Learn. This Program is MYSTERY

My own analyze and look for Supporting Resources to use this Indie. Too much Sources... I can't tell you.
Creator this Program from Russian. And their forum is Forbidden. Only Russian Programmers as Member.
LOL... I still Not Finished Learn HARMONIC Pattern.
Maybe you can Learn from Elemental Trader Program Seller, they Charge more $1.100

Allowed my Advice. You should have a plan and goals first ( Follow your Post in FF. I'm not found your Trading Style... )
Learning from the easiest Program, STEP by STEP and increased to the next stage.
You need Focus. can't learn one by one at random. Just wasted too much time later.
I've given a description at the beginning Posted my gradual plans and goals to learned Trade FOREX.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-02-27_ZUP 8.9.jpg Size: 194 KB
Always looking the GREAT, never left GOOD Point...
  • #273,042
  • Feb 26, 2011 10:33am Feb 26, 2011 10:33am
Quoting Tsar
Concept and Identify of HARMONIC Pattern formed from a Variety Theory.
Basic with Zig Zag, Chart Pattern, Fibonacci etc. Started ZUP v9.0 - Gann Theory included.
No Material to learn it. Only CHART, No HANDBOOK. I was posted in Room around 6 - 8 Months ago.
Another Programs like Chart Pattern, Elliot Wave, Fibo, VSA, Gann got Handbook. This Program is MYSTERY...

My own analyze and look for Supporting Resources to use this Indie. Too much Sources... I can't tell you.
Creator this Program from Russian. And their forum is Forbidden....
looks like interesting thing.
will check this soon :nerd:
90% of traders use TA, indicators and prediction
  • #273,043
  • Feb 27, 2011 3:12am Feb 27, 2011 3:12am
Have you ever seen a more perfect fib setup?

Lots of symmetry and confluence, including fib timing for a high.

If the CCI14 goes negative will short.

Waiting with interest!

Have a good week..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd60min.gif Size: 22 KB
  • #273,044
  • Feb 27, 2011 6:01am Feb 27, 2011 6:01am
Which way for the cable? Down? Let's wait and see. Few more hours from now.
  • #273,045
  • Feb 27, 2011 6:11am Feb 27, 2011 6:11am
Quoting Trendylines
Which way for the cable? Down? Let's wait and see. Few more hours from now.
buy stop 6305 : p
Hero calls followed by margin calls...
  • #273,046
  • Edited 7:00am Feb 27, 2011 6:46am | Edited 7:00am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Weekly.png Size: 52 KB


From what I see on the weekly charts is that we are in a 1000 pip range between 1.53-1.63. Currently I see some weakness coming in on the lower timeframes but to sustain the bear move, it needs to break ~1.5950.

Long, and I mean long-term, I do see strength in this pair unless we break the range at ~1.53.

If we do see any short-term strength in this pair, any break above 1.63 won't last long for the reason that I think it will be a stop hunt, specifically just to get PhAnTi'.. lol. It is struggling to break 1.63 now.

From a fundamental point of view, the UK is still in trouble, but then again, there are not many countries in this world who are not in trouble. The BoE will NOT raise interest rates until the economy shows signs of growth and those last GDP figures show quite the opposite. Of course they will eventually rise. It is not a question of IF, but WHEN and by HOW MUCH. The next set of prelim GDP figures are not out until April, so you can forget about any rate hikes before then! Inflation might be creeping up, but when there is no growth and with real wages falling, the BoE really are stuck between a rock and a hard place. Welcome to stagflation Britain.

P.S. So much for me leaving FF... lol. I can assure you, to the relief of some posters I am sure, my contribution will be far and few between.
  • #273,047
  • Edited 7:25am Feb 27, 2011 6:56am | Edited 7:25am
HARMONIC Pattern in DAILY...

Details in Feb 26, 2011 Yesterday Posted #273040 and #273039

Estimated in Post #272432 Feb 21, 2011 7:14am & #272012 Feb 15, 2011 9:54pm

Quoting Tsar
Hi Tiger,

Now, Cable was Overbought.
Price @ 1.6262 as Down Retrace but still posible go UP again.
Price @ 1.6357 as Criticcal Point for Full Blown Reversal.

You got the Answer
CHEERS
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-02-27_ZUP 9.2 Orgjpg.jpg Size: 178 KB
Always looking the GREAT, never left GOOD Point...
  • #273,048
  • Feb 27, 2011 7:29am Feb 27, 2011 7:29am
February open 5.00 [email protected]. 8.00gmt@ 16056 .
I'm seeing this zone as an area of demand.

Because of possible spikes, kneejerking to unforseen news alerts, i will be scalping as usual off the 5min and 1 min....my comfort zone.

Since we are in an area approaching critical mass tecnically and fundermentally i'm hoping for an exciting week ahead. Loads of fun......

Meanwhile my thoughts and prayers go out to all those fighting for democratic stability on our beautiful planet.
Attached Image (click to enlarge)
Click to Enlarge Name: Spot FX GBP_USD (25-FEB-11).png Size: 17 KB
All systems of divination, like music itself,work through patterns.
  • #273,049
  • Feb 27, 2011 8:28am Feb 27, 2011 8:28am
Quoting PhAnTi'
buy stop 6305 : p
very high to buy there,,?
only an analysis, and I'm always wrong, don't follow me,
  • #273,050
  • Feb 27, 2011 8:57am Feb 27, 2011 8:57am
This pair formed a nice pin on the 4hr on friday but i didnt take it. Its on an s&r level at 1.6050, which acted as resistance in the past. but for me its too rangey and Im taking a week off, but we might see a move back up to 1.6250 area, momentum is up on the daily.

Will watch on the side lines.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-02-27_1652ff.png Size: 42 KB
  • #273,051
  • Feb 27, 2011 1:46pm Feb 27, 2011 1:46pm
Area showing resistance , imo at least during Asia:
50% previous week swing high/low , Channel , PA , EMA200 , WP.
Attached Image (click to enlarge)
Click to Enlarge Name: resm15.jpg Size: 120 KB
  • #273,052
  • Feb 27, 2011 1:48pm Feb 27, 2011 1:48pm
On GBPUSD short looks kind of better, eventhough there is no so much space between those 2 trendlines (steep and more sustainable one). If the price breaks the steeper one, it will be around 1,60 - also a round number and lots of fights have been fought around that number. Breaking of 1,60 I'll be shorting the pound, targeting 1,5750.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_daily.gif Size: 39 KB
Enter Signature
  • #273,053
  • Feb 27, 2011 1:49pm Feb 27, 2011 1:49pm
Quoting andelumut
very high to buy there,,?
for break out

gonna explode above 6300.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.gif Size: 31 KB
Hero calls followed by margin calls...
  • #273,054
  • Feb 27, 2011 2:00pm Feb 27, 2011 2:00pm
Quoting PhAnTi'
for break out

gonna explode above 6300.
Attachment
When?
All systems of divination, like music itself,work through patterns.
  • #273,055
  • Feb 27, 2011 2:03pm Feb 27, 2011 2:03pm
Quoting kaspopsicle
When?
i dont know ^^ nobody knows ..... lol ^^

if it breaks 6300 , this will be nice uprally.
Hero calls followed by margin calls...
  • #273,056
  • Feb 27, 2011 2:08pm Feb 27, 2011 2:08pm
big downtrend this week.
  • #273,057
  • Feb 27, 2011 2:18pm Feb 27, 2011 2:18pm
and don't get married to a bias
Attached Image
  • #273,058
  • Feb 27, 2011 2:20pm Feb 27, 2011 2:20pm
Quoting PhAnTi'
i dont know ^^ nobody knows ..... lol ^^

if it breaks 6300 , this will be nice uprally.
Then why post a reply like that? If you are unable to post a call , particularly in response to a specific question, without time frame reasoning you should just leave it out.
Or am i missing something about your sense of humour. ?
I'm out of here for tonight so dont expect any response.
All systems of divination, like music itself,work through patterns.
  • #273,059
  • Feb 27, 2011 2:29pm Feb 27, 2011 2:29pm
Quoting kaspopsicle
Then why post a reply like that? If you are unable to post a call , particularly in response to a specific question, without time frame reasoning you should just leave it out.
Or am i missing something about your sense of humour. ?
I'm out of here for tonight so dont expect any response.

if price goes aboe 6280 n 6300 will see 6360 n 6410.
no matters on when or why.
no reasons to know when or why.
its a technical reason clear on charts, most in monthly chart which will close tomorrow 00 gmt.
90% of traders use TA, indicators and prediction
  • #273,060
  • Edited 2:49pm Feb 27, 2011 2:39pm | Edited 2:49pm
Quoting _BBKing_
if price goes aboe 6280 n 6300 will see 6360 n 6410.
no matters on when or why.
no reasons to know when or why.
its a technical reason clear on charts, most in monthly chart which will close tomorrow 00 gmt.
You have magnificently misread my post.

Read back .... a long way.

I have never followed a call in my life. Never will.

I was , and am ,very seriously questioning anybodys right to post a call without reasoning.

If you're gonna post.... wake up to previous posts before you do.
Not just those concerning yourself.
BTW. Get your facts right ...UK brokers rollover @ 22.00gmt in line with NY @ 5.00 est.Good luck in trying to get that wrapped around your head?
All systems of divination, like music itself,work through patterns.
1,269 traders viewing now, 5 are registered:
Jidedon
,
Greatjude
,
CPUmice
,
Nuhu
,
ndtrunghieu