90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #287,421
- Aug 26, 2011 2:11pm Aug 26, 2011 2:11pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- #287,425
- Aug 27, 2011 9:50am Aug 27, 2011 9:50am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
xe.com : GBPUSD now at 1.62895 ??
this is why i exited..anyway that is great..lets hope for a gap down..so we can buy into closing the gap
- #287,429
- Aug 27, 2011 11:22am Aug 27, 2011 11:22am
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
this is why i exited..anyway that is great..lets hope for a gap down..so we can buy into closing the gap
think I'll take a week off celebrating EID
or less..
- #287,430
- Aug 27, 2011 11:42am Aug 27, 2011 11:42am
Look carefully at the S&R, Trend Lines its the same lines in all TF that I post in cable moves 1 - 3..and also pay attention on the candle stick pattern .. Hope this will be useful Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows
Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows 
- #287,431
- Aug 27, 2011 11:44am Aug 27, 2011 11:44am
Look carefully at the S&R, Trend Lines its the same lines in all TF that I post in cable moves 1 - 3..and also pay attention on the candle stick pattern .. Hope this will be useful Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows
Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows 
- #287,432
- Aug 27, 2011 11:45am Aug 27, 2011 11:45am
Look carefully at the S&R, Trend Lines its the same lines in all TF that I post in cable moves 1 - 3..and also pay attention on the candle stick pattern .. Hope this will be useful Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows
Do Not ask , what to do.. Because I would probably changing position in each S&R Lines if the candle stick tell it, the rest let see what the market tell, Who Knows 
- #287,433
- Aug 27, 2011 12:21pm Aug 27, 2011 12:21pm
Now look in detail in 4H TF, the candle stick formed " 3 White Soldier".. That will be followed by the consolidation first before bulls in more longer term which is this bulls moves was noticed in other TF (4H, Daily, Weekly, Monthly) .. But Who Knows
- #287,434
- Aug 27, 2011 1:06pm Aug 27, 2011 1:06pm
Make Ur Trading Plan based on Weekly, use the time during saturday and sunday to make ur analysis to create the trading plan.. When the market open We already have the trading plan in our hand and stick with it.. What we need to do is only update the news to enrich our fundamental analysis and looking for the entry based on our plan.. So we dont get panic during the trading week.. This trading plan more stabile then if we just make it based on daily or hours time because we can get the biggest view of The PA where is the Price is heading actually.. But as usual who knows ee... Only Allah knows and create the futures .. Hopefully this will be useful..
Salam
Salam
- #287,435
- Aug 27, 2011 2:00pm Aug 27, 2011 2:00pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
xe.com : GBPUSD now at 1.62895 ??
anyway shows EU same price as friday closing and GU very lower.
same for EUR GBP gained a lot since friday closing.
did you check it in the past? is it true price during interbank?
anyway i went out of longs @6350
90% of traders use TA, indicators and prediction
- #287,436
- Aug 27, 2011 2:05pm Aug 27, 2011 2:05pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Sorry, I know my response is late and useless now, but I'll reply anyways and if I remember well:
There was a strong trend-line and both the Stoch and RSI had left the oversold territory and started going up. I think it's also usual for the price to go bearish after a very quick and big bullish move.
When I checked the next morning it did go up for a while, but it was very slow and probably would've been frustrating to join that and stay in for so long.
thanks for reply!
that was what i was looking at: a flag! anyway the move was very slow but good for a scalp 20-30 pips.
that's surely the kind of pattern where better wait the breake (up/down)
90% of traders use TA, indicators and prediction
- #287,437
- Aug 27, 2011 2:08pm Aug 27, 2011 2:08pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
We have bank holiday on Monday so it will probably be quiet in that day. Chart shows that it is still bearish and buyer's right now should be careful, keep eyes on 1.6386.
Good luck.
strong move from 6220 to 6380
very strong.....
but as we clearly see, 6380 n also 6420/30 are in need of a 'backtest' to build up bears (or not
)we could see strong down this week. hourly TF still not ready imho for gains into highest area without a consolidation of 6280-6300
90% of traders use TA, indicators and prediction
- #287,438
- Aug 27, 2011 3:01pm Aug 27, 2011 3:01pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,439
- Aug 27, 2011 3:05pm Aug 27, 2011 3:05pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #287,440
- Aug 27, 2011 3:21pm Aug 27, 2011 3:21pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
same level seen in daily.
price need to recover above nearest rectangle to get the second near highs.
better seen here the rejection near 50% fibo of 5780-6614.
lower lower is the main matter in 1.56 area
which could be attracting buyers.
posting since some times. nobody say nothing about
i dont think price will get new highs without covering it.
time will tell!
price need to recover above nearest rectangle to get the second near highs.
better seen here the rejection near 50% fibo of 5780-6614.
lower lower is the main matter in 1.56 area
which could be attracting buyers.posting since some times. nobody say nothing about
i dont think price will get new highs without covering it.
time will tell!
90% of traders use TA, indicators and prediction