loading longs... good price to get into buy. just been waitin for this 
To Your Success!! 
Cable Update (GBPUSD)
- #273,442
- Mar 3, 2011 3:43am Mar 3, 2011 3:43am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
well guys this was expected
some of us said short will come to 1.62,1.615 and later down but nobody belived and saw other things.
the thing is that all the stochs and RSI were shouting for the past days about it .
now with the news it's even better and I expect the NFP to be even harder for the pound.
but don't worry as the price will still go up to at least 1.6350 and this is a promisse
if you still have the longs open and have enough equity just leave them as they are
some of us said short will come to 1.62,1.615 and later down but nobody belived and saw other things.
the thing is that all the stochs and RSI were shouting for the past days about it .
now with the news it's even better and I expect the NFP to be even harder for the pound.
but don't worry as the price will still go up to at least 1.6350 and this is a promisse
if you still have the longs open and have enough equity just leave them as they are
- #273,443
- Mar 3, 2011 3:47am Mar 3, 2011 3:47am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #273,444
- Mar 3, 2011 3:53am Mar 3, 2011 3:53am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
It's Destiny...
I was destined for this...
I was destined for this...
Don't Forget RULES Fibonacci Calc :nerd:
Price @ 1.6262 H1 Support as FIBO 23.6%
Price @ 1.6245 H4 Support as FIBO 38.2%
Price @ 1.6197 Daily Pivot as FIBO 50.0%
Price @ 1.6139 Weekly Pivot as FIBO 78 %
MISS my Post, in #273202 Mar 1, 2011 5:45pm
Cable Overbought Now...
Still TRY Broke H1 Support Price @ 1.6262
If Can Broke... We will see in H4 Support Price @ 1.6245
Price @ 1.6197 as Daily Pivot for PullBack
( or LOWER Price @ 1.6139 as Weekly Pivot for PullBack - But I'm NOT sure will Touch in Here )
Price @ 1.6357 as Down Retrace but still posible go UP again.
Price @ 1.6602 as Criticcal Point for Reversal.
Always looking the GREAT, never left GOOD Point...
well guys this was expected
some of us said short will come to 1.62,1.615 and later down but nobody belived and saw other things.
the thing is that all the stochs and RSI were shouting for the past days about it .
now with the news it's even better and I expect the NFP to be even harder for the pound.
but don't worry as the price will still go up to at least 1.6350 and this is a promisse
if you still have the longs open and have enough equity just leave them as they are
di u believe in 1.6350 before nfp?that would be nice
Never again will fade the trend
- #273,447
- Mar 3, 2011 3:58am Mar 3, 2011 3:58am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
Very good!
Thanks for the sharing!!!
- #273,448
- Mar 3, 2011 3:58am Mar 3, 2011 3:58am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #273,450
- Mar 3, 2011 4:21am Mar 3, 2011 4:21am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
Trading Levels with WRBs
- #273,451
- Mar 3, 2011 4:22am Mar 3, 2011 4:22am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
di u believe in 1.6350 before nfp?that would be nice
UK is dead as for it's economy.
still some old folks there are stubborned and want to increase the rates which will make the currency strong(don't ask me why as it is beyond my comprehension)....if a country does not produce anything and the empire is falling into pieces there is no economy.
traders think like the the herd and if the sharks will belive the story of the BOE then the herd will follow.
Everyone expects the rise....in may or in sept.Untill then the sharks keep knocking at the resistance doors hoping that this will push the price even higher.
But the same sharks calculate it as well and as soon as they brake a resistance they will take it back on a pullback.
they have the same tools like we do in order to see if a market is overbought or oversold...they just time it properly and when they buy or sell the market will follow and the profit will come.
Example-I am a shark with 10 billions and i buy the cable.for sure the price will go up and all the others will jump in the market buying.making my price go even higher and making a sure win for me
and then sell all
) in order to be a trader and to be successful sometimes is good to step back from the chart,go to the other side of the room and take a look at the bigger charts.you will see another story
so,here you have a chart of the view.
- #273,453
- Edited 4:47am Mar 3, 2011 4:34am | Edited 4:47am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
My pleasure!
I knew you're as GOOD Fundamental Analysis Trader
I represent them, hope you spend much time at GU Thread. We all expect your contributions in Here...
3 Weeks I was been Active again... But I have to say GOODBYE.
Because I will continue learning about TA (Technical Analysis) and my Children's asking more Attention from their Parent.
I promise when I have the Leisure, will Continue to SHARE in this Room...
Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
- #273,456
- Mar 3, 2011 5:03am Mar 3, 2011 5:03am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
@ REDBEBEN
i agree with you
i see you use ichimoku on your chart.i use it to.what parametres do u have for ichi?
you are talking about long time trends?i am new to trading still trying things.. but istart to believe that if a trend is there for weeks,,there are thousands of underlying reasons for that trend that we cannot be aware of all..mayby just speculation or geopolitical or whatever.you must be very unlucky to catch the reversal of a big trend..that with my newbie mind...
tikkanis ? I use the standrad ichi from MT4 which is 9,26,52
if you want I can give you some more info about this ichi thing.I have some books i can send you.
bbakker-I only live in Spain but I work and get paid in Gibraltar
so I can feel the UK economy here.the spanish one does not affect me at all.
@redben
are you greek?or speak some words?hehehe
thanks i have many books of ichi,but i havent traded with it yet,mostly its like a compass.do you take trades with daily signals?
are you greek?
or speak some words?hehehethanks i have many books of ichi,but i havent traded with it yet,mostly its like a compass.do you take trades with daily signals?
Never again will fade the trend
- #273,459
- Mar 3, 2011 5:32am Mar 3, 2011 5:32am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
@redben
are you greek?
thanks i have many books of ichi,but i havent traded with it yet,mostly its like a compass.do you take trades with daily signals?
And from time to time I just leave opened some long trades for weeks or even months.
- #273,460
- Mar 3, 2011 5:34am Mar 3, 2011 5:34am
- Joined Dec 2009 | Status: The New Legend™ | 4,846 Posts
For ALL,
I was so familiar with Members in this thread, although Not known One with the Other.
There are Old Members still Active and Provides contributions as well & New Members come.
I never tell the Difference and always Respect for them. In HERE We share and give views.
But because of liability as Parent, I must say GOODBYE...
I keep Promise to SHARE (with Indie or another) if has the Leisure
I will miss you ALL...
All the BEST,
Tsar
I was so familiar with Members in this thread, although Not known One with the Other.
There are Old Members still Active and Provides contributions as well & New Members come.
I never tell the Difference and always Respect for them. In HERE We share and give views.
But because of liability as Parent, I must say GOODBYE...
I keep Promise to SHARE (with Indie or another) if has the Leisure
I will miss you ALL...
All the BEST,
Tsar
Always looking the GREAT, never left GOOD Point...