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Cable Update (GBPUSD)

  • #293,881
  • Dec 2, 2011 10:40am Dec 2, 2011 10:40am
Quoting abdul_halim
caya lah....hehe

Lepaih ni kita plan jumpa budak mesia forex factory plak.

Quoting red2010
i am deeply upset that you didnt invite me out, every group always needs one idiot who cant trade and is just a tag along!
Don't say that bobs! I've been extending invitations to ALL a month before I went there. I invited everyone here & in my thread. Heck I even carried the invitation on my signature till I arrived back in Malaysia!

Quoting red2010
hope your keeping well bro!

King Kenny is working his magic with us.....we are on the upppppp!!!!
I'm doing good my friend thank you. I hope you are well too!

And oh ... speaking of King Kenny ...

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V
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Thank You
  • #293,882
  • Dec 2, 2011 10:47am Dec 2, 2011 10:47am
Quoting wormboy

Lepaih ni kita plan jumpa budak mesia forex factory plak.



Don't say that bobs! I've been extending invitations to ALL a month before I went there. I invited everyone here & in my thread. Heck I even carried the invitation on my signature till I arrived back in Malaysia!



I'm doing good my friend thank you. I hope you are well too!

And oh ... speaking of King Kenny ...

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| ... Have a great weekend!
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V
lol just kidding bro, i havent been trading much and havent looked in your journal for ages!

great pic by the way! what game was that, you lucky gitt!! (i havent been anfield in ages)
  • #293,883
  • Dec 2, 2011 11:05am Dec 2, 2011 11:05am
Quoting red2010
the funniest thing about systemfx2011 was that he claimed he had traded for 15 years yet when you looked at his posts, 2 days after he joined (2 years ago) he told people he had just started out in "trading this fx thingie" as he put it......

why are people so bloody stupid on here?

if your going to try and con people, put some bloody effort into it!
indeed you r right... he was stupid... but the one who reply to his post are more stupid...hahahaa.... never argue with the stupid, coz it will make you more stupid than he does...hahaha...
  • #293,884
  • Dec 2, 2011 11:07am Dec 2, 2011 11:07am
wow, what a move. I managed to secure 47 pips @61.8 Fib Exp. However it moved to 100 Fib Exp. Could've been 100 pips win...Have a nice weekend folks!
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  • #293,885
  • Dec 2, 2011 11:07am Dec 2, 2011 11:07am
Quoting Johnny Depp
indeed you r right... he was stupid... but the one who reply to his post are more stupid...hahahaa.... never argue with the stupid, coz it will make you more stupid than he does...hahaha...
i do agree with you there.....

but when a man tells the world there is no god, he is a man that does need to shut up!
  • #293,886
  • Dec 2, 2011 11:22am Dec 2, 2011 11:22am
Quoting redsword11
all out cable 1.56000 @ pole base 5min


bought aud 1.02264 hard stop @ 1.02099

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wrote the aud buy entry in here by mistake, stopped


diamond on 5min cable
  • #293,887
  • Edited 12:08pm Dec 2, 2011 11:58am | Edited 12:08pm
Quoting nAVIN2007
good be a bull flag..not sure myself
Indeed, not happy that I was out today could of caught a nice 100 pip move down, would of finished off a good week.

*100 pip move even!!
  • #293,888
  • Dec 2, 2011 12:09pm Dec 2, 2011 12:09pm
Quoting redsword11
Attachment



wrote the aud buy entry in here by mistake, stopped


diamond on 5min cable

in buy @ 1.55870 and a bit higher too
  • #293,889
  • Dec 2, 2011 1:47pm Dec 2, 2011 1:47pm
Quoting wormboy
haha .. yea there were quite a few that couldn't make it .. the Brits are shy people .... but Nav was tied up with work he couldn't make it. Never mind I'll get him the next time I fly out there.
  • #293,890
  • Dec 2, 2011 8:21pm Dec 2, 2011 8:21pm
Quoting red2010
i do agree with you there.....

but when a man tells the world there is no god, he is a man that does need to shut up!

LOL thats interesting, maybe the man who believes there is a god should study some science then realise he's wrong and give up believing in fairy stories.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #293,891
  • Edited 9:26pm Dec 2, 2011 8:45pm | Edited 9:26pm
Speculators Bet Net $17.8 Billion On Dollar's Rise; Largest Since June 2010: CFTC

More and more people chasing dollar. Now we know why they eased the dollar liquidity.
.
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  • #293,892
  • Dec 2, 2011 9:02pm Dec 2, 2011 9:02pm
Quoting Turveyd
LOL thats interesting, maybe the man who believes there is a god should study some science then realise he's wrong and give up believing in fairy stories.
lol its not the fact or fiction aspect im talking about....

its all about a persons beliefs, trying to impart your own beliefs on people is just stupid
  • #293,893
  • Dec 3, 2011 1:56am Dec 3, 2011 1:56am
Quoting TauTrader
Good day to you,

entered short @ 1.5708 on TL rejection

Regards
Good day to you,

Plan for next week? 4hr still down so will be holding this a little longer. Will then start looking to buy.

Regards
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  • #293,894
  • Dec 3, 2011 4:26am Dec 3, 2011 4:26am
Looking at daily, 1 of 3 things will happen in my opinion.
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  • #293,895
  • Dec 3, 2011 5:01am Dec 3, 2011 5:01am
Quoting Turveyd
LOL thats interesting, maybe the man who believes there is a god should study some science then realise he's wrong and give up believing in fairy stories.
Science is nothing more than the study of what God has created. What man has discovered thru science is just scratching the surface. BTW cable in a tricky place right now.
Come with me if you want to live....
  • #293,896
  • Dec 3, 2011 6:05am Dec 3, 2011 6:05am
Adding this chart of 4hr... hoping to see no.1 and 2 block price for now as to allow us to move lower still.(3)

May be blocked to the upside by 50% line of last week @ 1.56080 in confluence with the lower level of my daily channel by high @ 1.56102 and the 50% line of this past week @ 1.56178

regards
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  • #293,897
  • Dec 3, 2011 6:35am Dec 3, 2011 6:35am
Quoting TauTrader
Adding this chart of 4hr... hoping to see no.1 and 2 block price for now as to allow us to move lower still.(3)

May be blocked to the upside by 50% line of last week @ 1.56080 in confluence with the lower level of my daily channel by high @ 1.56102 and the 50% line of this past week @ 1.56178

regards
Your chart looks like a clusterf*ck of trend lines and channels each to our own though, we all trade different.
  • #293,898
  • Dec 3, 2011 6:35am Dec 3, 2011 6:35am
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  • #293,899
  • Dec 3, 2011 8:31am Dec 3, 2011 8:31am
thanks forex_growth. It was me 15 months ago.

agree with TauTrader's comment about Cloggie... A teacher to many, foe to a couple.


btw, have cleared my bias will follow any flow thru hourly TF in coming week.
Quoting forex_growth
youre a star and a gentleman thankyou
  • #293,900
  • Edited 6:33pm Dec 3, 2011 10:43am | Edited 6:33pm
Last week:

The current 6746-5270 yearly range holds for now, price last week see-ing a pip range equivalent to 99% of it's 20 week atr. Less than a month now till year end, will this current yearly range hold ?

The Weekly t/f remains in an opa (overall price action-peak/valley analysis) range and this last week's weekly candle close sees a factal HL printed. This after the last fractal swing being a LH. Last week's The candle was an IPB (Inverted Pin Bar) candle with a bullish body. Somewhat surprising not to have seen some kind of downside follow thru on the week before's bearish thrust Weekly candle, ? (yet?)

The Daily t/f remains in a classic opa (overall price action) downtrend with 3 x LL's and now 4 x LH's printed with the last LH being at this last week's 5780 Hi, the last LL being at the previous week's 5422 Lo. The 50sma remains below the 100sma which in turn remains below the 200sma on this t/f, and 100 and 200point down with 50sma ticked up. Price clipped the 50sma before falling back from this last week's 5780 hi - the last fractal LH on this t/f. Price closed under all 3 sma's on this t/f as it pulled back from 6780. Friday's candle was bearish. There is an ascending trend line joining 5270 with 5422 lows on this t/f.

The 4hr t/f sees the same sma configuration as the Daily t/f, the 50sma being flat whilst 100 and 200 point down. This t/f was in an opa uptrend printing a 2nd HH at last week's 5780 Hi after 3 x HL's just above it's 100sma...since then the fractal swings have been another HL, LH, HL, LH and a L @/around it's 50sma. This t/f is therefore mixed re opa at the moment. The move down from the 5780 last week's Hi has seen a downside breech of the ascending 4hr trend line. Price closed Friday inbetween the 50 and 100sma on thsi t/f, nearer the 50sma than 100.

The 1hr t/f may be entering something of an opa downtrend with the LL at friday's 5575 Lo (around the 200sma on this 1hr t/f,) but overall things look somewhat mixed re opa on this t/f as well. The 50sma remains crossed above the 100sma which is in turn crossed above the 200sma on this t/f although the fall from 5780-last week's hi has made the 50sma point down, the 100sma pointing up and the 200sma is flat on this t/f. Price closed on Friday inbetween the 100sma and 200sma nearer the 200.

Some key data from both the Uk and U.s which may have an impact on direction of this pairing this coming week as well as the ongoing Eu debt stuff and any other event risks currently not known.

G/L
　
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