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Cable Update (GBPUSD)

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  • Post #290,181
  • Quote
  • Oct 7, 2011 3:19pm Oct 7, 2011 3:19pm
  •  kaspopsicle
  • | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Quoting fontu
Disliked
The doji not at any extreme in gu & may not be any significant beyound some correction before join what doing before.
daily tf gu dialogue .
Thanks ,
fontu
Ignored
Thank you once again, . i will be focussing more on daily dialogue from now on. great weekend to you and yours. Thank you Fontu.
All systems of divination, like music itself,work through patterns.
 
 
  • Post #290,182
  • Quote
  • Oct 7, 2011 3:28pm Oct 7, 2011 3:28pm
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,973 Posts
Quoting kaspopsicle
Disliked
Thank you once again, . i will be focussing more on daily dialogue from now on. great weekend to you and yours. Thank you Fontu.
Ignored
Thanks , yes , great weekend to you & all here . me not closed any shorts in gu,eu & gold , sl at be though entries all top , will carry out next week .
fontu
Not understand?never follow my analyses!
 
 
  • Post #290,183
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  • Oct 7, 2011 3:44pm Oct 7, 2011 3:44pm
  •  kaspopsicle
  • | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Quoting fontu
Disliked
Thanks , yes , great weekend to you & all here . me not closed any shorts in gu,eu & gold , sl at be though entries all top , will carry out next week .
fontu
Ignored
i have a strong feeling that you are on 3 winners. G/L and thanks again for your help...see you soon i hope.
All systems of divination, like music itself,work through patterns.
 
 
  • Post #290,184
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  • Oct 7, 2011 6:31pm Oct 7, 2011 6:31pm
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting 50d
Disliked
Later, I found out that everything already been answered by the price itself (candlesticks). So, my advice is, if you want to master the market, master the candlestick(s) pattern by heart. Use the indicators as your gauge, definitely not for your trading decision tools and if possible avoid thinking the outcome of the news/fundamental datas.



.....Good advise; candlesticks - particularly on the daily chart.
Ignored
well said!
i agree!
sometimes hard not to think about news. about NFP the only thing i could say is that will surely move market heavy so can be strong profit day if a trader goes with the right MM
Yesterday was the past
 
 
  • Post #290,185
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  • Oct 7, 2011 6:36pm Oct 7, 2011 6:36pm
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
@fontu n @kaspopsicle

very nice sharing n interesting chart reading
Yesterday was the past
 
 
  • Post #290,186
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  • Oct 7, 2011 6:39pm Oct 7, 2011 6:39pm
  •  Forex Hulk
  • | Commercial Member | Joined Apr 2011 | 8 Posts
From our fundamental analysis we see the GU rising.
 
 
  • Post #290,187
  • Quote
  • Oct 7, 2011 7:22pm Oct 7, 2011 7:22pm
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
what i see in h1 is actually price sit down searching support in 5540
a fail here can mean at least near 550-5480 on re test of descending TL
above there is black daily+h4 descending line following price since higher 1.64-1.65

then same chart in daily without some lines
if we go up n breake out first obvious target imo is near 5780 where if it goes, i expect to find a lot of supply waiting.

imho will be a very interesting week
breakout above to take the road for 59 or re-load downtrend to go 52 -51 -50 area?
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Yesterday was the past
 
 
  • Post #290,188
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  • Oct 7, 2011 7:36pm Oct 7, 2011 7:36pm
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
that h4 candle can also be readed by profit takings before week closes.
i dont mean that the short is less probable than the long.
but must not be blind in front of that 400pips move from 5270-80. a strong profit taking is possible
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Yesterday was the past
 
 
  • Post #290,189
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  • Edited 1:05am Oct 8, 2011 12:50am | Edited 1:05am
  •  clc4x
  • | Joined Jan 2010 | Status: L. C. Chong | 882 Posts
GBP/USD – Bias (W1): Bearish + Consolidation; Bias (D1): Bearish + Consolidation; Bias (Overall): Bearish + Consolidation

http://lcchong.files.wordpress.com/2...ng?w=837&h=379

http://lcchong.files.wordpress.com/2...ng?w=837&h=380
 
 
  • Post #290,190
  • Quote
  • Oct 9, 2011 5:28am Oct 9, 2011 5:28am
  •  tatul
  • | Joined Jan 2011 | Status: Member | 14 Posts
Quoting clc4x
Disliked
GBP/USD – Bias (W1): Bearish + Consolidation; Bias (D1): Bearish + Consolidation; Bias (Overall): Bearish + Consolidation

http://lcchong.files.wordpress.com/2...ng?w=837&h=379

http://lcchong.files.wordpress.com/2...ng?w=837&h=380
Ignored
I would add to this a bullish divergence both on RSI and Stochastic (D1)
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  • Post #290,191
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  • Oct 9, 2011 5:45am Oct 9, 2011 5:45am
  •  PhAnTi'
  • Joined Aug 2010 | Status: Tööröh | 14,292 Posts
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since we go with the trend ill shoot some shorts at 5700 and might reload up to 5900 with stops above 5930/40.

target 1.5 , 1.4870.

Note that we even printed a new low.We shouldbreak the ground on the next test.

swinger time
Hero calls followed by margin calls...
 
 
  • Post #290,192
  • Quote
  • Oct 9, 2011 8:01am Oct 9, 2011 8:01am
  •  chazzle
  • Joined Sep 2010 | Status: Member | 11,327 Posts
Even if we do carry on dropping , I wouldn't be surprised to see a bounce to mid 900s
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  • Post #290,193
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  • Oct 9, 2011 8:06am Oct 9, 2011 8:06am
  •  PhAnTi'
  • Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Quoting chazzle
Disliked
Even if we do carry on dropping , I wouldn't be surprised to see a bounce to mid 900s
Ignored
would be textbook though
Hero calls followed by margin calls...
 
 
  • Post #290,194
  • Quote
  • Oct 9, 2011 8:25am Oct 9, 2011 8:25am
  •  egkid
  • Joined Apr 2008 | Status: Member | 9,414 Posts
Quoting PhAnTi'
Disliked
Attachment 802897

since we go with the trend ill shoot some shorts at 5700 and might reload up to 5900 with stops above 5930/40.

target 1.5 , 1.4870.

Note that we even printed a new low.We shouldbreak the ground on the next test.

swinger time
Ignored
Hi bro
Nice to see u ,it's been a while
Can u post that indicator for each session time
 
 
  • Post #290,195
  • Quote
  • Edited 8:41am Oct 9, 2011 8:28am | Edited 8:41am
  •  chazzle
  • Joined Sep 2010 | Status: Member | 11,327 Posts
Quoting PhAnTi'
Disliked
would be textbook though
Ignored
yep - nothing wrong with that - ltfs more able to be manipulated by the sharks - htfs reflect fundies more - look at what happened to GU after first round of QE - I know this round is about 1/3 the size - but still , fundies priced in I reckon

If I was going RR 1:1 on this timescale - I would favour 950 before 150
 
 
  • Post #290,196
  • Quote
  • Oct 9, 2011 9:40am Oct 9, 2011 9:40am
  •  kaspopsicle
  • | Membership Revoked | Joined Mar 2010 | 3,853 Posts
View... If demand levels are to be observed i see a zone below 15500. However, i'll just trade what i see as usual.
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All systems of divination, like music itself,work through patterns.
 
 
  • Post #290,197
  • Quote
  • Oct 9, 2011 9:42am Oct 9, 2011 9:42am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,334 Posts
yes..hammer but the weekly "close below open".It means no straight line ( may be )

Quoting chazzle
Disliked
Even if we do carry on dropping , I wouldn't be surprised to see a bounce to mid 900s
Ignored
not euphoria follower
 
 
  • Post #290,198
  • Quote
  • Edited 10:12am Oct 9, 2011 10:01am | Edited 10:12am
  •  kaspopsicle
  • | Membership Revoked | Joined Mar 2010 | 3,853 Posts
(quote=chazzle;5024203]yep - nothing wrong with that - ltfs more able to be manipulated by the sharks - htfs reflect fundies more - look at what happened to GU after first round of QE - I know this round is about 1/3 the size - but still , fundies priced in I reckon

If I was going RR 1:1 on this timescale - I would favour 950 before 150[/quote]

Wow,Charles !!! You gun all girly...i really liked your sepia scalper apache type avatar...HOW! (haha) are we supposed to recognise you now?
All systems of divination, like music itself,work through patterns.
 
 
  • Post #290,199
  • Quote
  • Oct 9, 2011 10:19am Oct 9, 2011 10:19am
  •  chazzle
  • Joined Sep 2010 | Status: Member | 11,327 Posts
Quoting kaspopsicle
Disliked
Wow,Charles !!! You gun all girly...i really liked your sepia scalper apache type avatar...HOW! (haha) are we supposed to recognise you now?
Ignored
lol - that was my face on a bit of toast - done on some internet site while I was bored
 
 
  • Post #290,200
  • Quote
  • Oct 9, 2011 10:58am Oct 9, 2011 10:58am
  •  kaspopsicle
  • | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Quoting chazzle
Disliked
lol - that was my face on a bit of toast - done on some internet site while I was bored
Ignored
i'm completely lost...toast and internet just means sticky keys to me... but here's a toast to your new avatar..

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All systems of divination, like music itself,work through patterns.
 
 
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