All systems of divination, like music itself,work through patterns.
Cable Update (GBPUSD)
- #291,021
- Oct 23, 2011 10:06am Oct 23, 2011 10:06am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
- #291,022
- Oct 23, 2011 10:39am Oct 23, 2011 10:39am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
hello all,
its very hard to add something more to all what have been posted since market closed. thank you all, i found a lot of confirmations on my study!
i would only say that the 5860 imo will be revisited before any clear move above 6000: i dont remember i saw price breaking and consolidating new level (which would be above 6000) without confirm previous supply area as support! am i wrong?
this is my plan for start of the week:
1. search a short entry as much near 6000 as possible coz 6000 is not simply round number, but also a strong daily TL re-test + weekly ema60 + fibos + daily sma200 etc etc..
2. search a long entry near 5800-5860 to try the breake up to highest (if happens will let less than 50% position open)
i say SEARCH coz i will screen price in faster TF in mentioned levels.
below i attached daily chart n h4 charts.
must not forget that in daily emas crossed down. i use this to scalp in m1-m5 chart: the more and fast price will go up, the more will crash down...
its very hard to add something more to all what have been posted since market closed. thank you all, i found a lot of confirmations on my study!
i would only say that the 5860 imo will be revisited before any clear move above 6000: i dont remember i saw price breaking and consolidating new level (which would be above 6000) without confirm previous supply area as support! am i wrong?
this is my plan for start of the week:
1. search a short entry as much near 6000 as possible coz 6000 is not simply round number, but also a strong daily TL re-test + weekly ema60 + fibos + daily sma200 etc etc..
2. search a long entry near 5800-5860 to try the breake up to highest (if happens will let less than 50% position open)
i say SEARCH coz i will screen price in faster TF in mentioned levels.
below i attached daily chart n h4 charts.
must not forget that in daily emas crossed down. i use this to scalp in m1-m5 chart: the more and fast price will go up, the more will crash down...
90% of traders use TA, indicators and prediction
- #291,023
- Oct 23, 2011 10:44am Oct 23, 2011 10:44am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Price is testing 15950 demand for the 7th time this year. If it breaches 16014 (200ema) and 16060 ill be looking for > 207/279/369/418/650/> 1.7. Meanwhile i'll be buying the rallies (dips) on M15 and M5.
yes, very interesting!
i would point out only 1 thing: this is the 2nd time it does that after candles closing below it!
last attempt was start of 2011 when price rejected from 6060 to 5730
90% of traders use TA, indicators and prediction
- #291,024
- Oct 23, 2011 10:53am Oct 23, 2011 10:53am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #291,025
- Oct 23, 2011 10:58am Oct 23, 2011 10:58am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
hello
yes, very interesting!
i would point out only 1 thing: this is the 2nd time it does that after candles closing below it!
last attempt was start of 2011 when price rejected from 6060 to 5730
btw... were you assuming anything there?
All systems of divination, like music itself,work through patterns.
- #291,027
- Oct 23, 2011 11:30am Oct 23, 2011 11:30am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
as pointed out by one of the members on another thread at the moment cable on oanda is at
sell 1.59175, bid 1.59275
All systems of divination, like music itself,work through patterns.
- #291,028
- Oct 23, 2011 11:37am Oct 23, 2011 11:37am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
as pointed out by one of the members on another thread at the moment cable on oanda is at
sell 1.59175, bid 1.59275
confirmed on xe.com (thanks gsantri
)actual near 5920
90% of traders use TA, indicators and prediction
- #291,029
- Oct 23, 2011 11:38am Oct 23, 2011 11:38am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Good luck to those wanting to trade that sort of spread 2and a half hours before daily/weekly roll
must be patient
90% of traders use TA, indicators and prediction
- #291,030
- Oct 23, 2011 11:47am Oct 23, 2011 11:47am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
confirmed on xe.com (thanks gsantri
actual near 5920
All systems of divination, like music itself,work through patterns.
- #291,032
- Oct 23, 2011 2:27pm Oct 23, 2011 2:27pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- #291,033
- Oct 23, 2011 3:08pm Oct 23, 2011 3:08pm
- Joined May 2009 | Status: Trader | 4,895 Posts
hello all,
its very hard to add something more to all what have been posted since market closed. thank you all, i found a lot of confirmations on my study!
i would only say that the 5860 imo will be revisited before any clear move above 6000: i dont remember i saw price breaking and consolidating new level (which would be above 6000) without confirm previous supply area as support! am i wrong?
this is my plan for start of the week:
1. search a short entry as much near 6000 as possible coz 6000 is not simply round number,...
- #291,034
- Oct 23, 2011 3:08pm Oct 23, 2011 3:08pm
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
confirmed on xe.com (thanks gsantri
actual near 5920
Well market opened with some gaps here and there we have new daily and weekly pivot.
I will let it settle up a bit waiting for TKY and CNY opening.
Early here and am back to bed. BBL
today we lost a champion.
good bye SIC
Simoncelli was a talented racer, expected to be the next Rossi.
- #291,036
- Oct 23, 2011 3:14pm Oct 23, 2011 3:14pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
1.70 is a stretch but 1.65 is certainly on the cards..we have to wait and see
yes buddy still in
Yep on the card but don't b greedy
i prefer to play with e/u for next 10 days
Nice song
Inserted Video
- #291,037
- Oct 23, 2011 3:30pm Oct 23, 2011 3:30pm
- Joined May 2009 | Status: Trader | 4,895 Posts
Happy new week to all
Yep on the card but don't b greedy
i prefer to play with e/u for next 10 days
Nice song
http://www.youtube.com/watch?v=locIxsfpgp4
- #291,039
- Oct 23, 2011 3:38pm Oct 23, 2011 3:38pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.