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Cable Update (GBPUSD)

  • #300,481
  • Feb 13, 2012 2:25am Feb 13, 2012 2:25am
Falling Wedge Pattern in Weekly...
Attached Image(s) (click to enlarge)
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Always looking the GREAT, never left GOOD Point...
  • #300,482
  • Feb 13, 2012 2:42am Feb 13, 2012 2:42am
Falling Wedge Pattern in Daily, too...
Attached Image (click to enlarge)
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Always looking the GREAT, never left GOOD Point...
  • #300,483
  • Feb 13, 2012 3:06am Feb 13, 2012 3:06am
G/M

Gap up at open on the greek vote and a continued move up after a pullback...this off Friday's lo (5729) at the previous 1hr/4hr/minor daily swing lo zone confluence with 50% 5528-5927.

Price at current daily hi is testing descending 1hr t/line / 61.8% 5884-5729 / 100sma - 1hr.

Current near-term 1hr screenshot shows the main potential res factors above here, where not shown is the DP 5830, Daily R1 5869, Weekly R1 5877 and Daily R2 5923.

G/L
Attached Image (click to enlarge)
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ex member
  • #300,484
  • Feb 13, 2012 4:17am Feb 13, 2012 4:17am
Test
scalping allowed..
daily flat
Attached Image (click to enlarge)
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  • #300,485
  • Feb 13, 2012 4:29am Feb 13, 2012 4:29am
Have any of you guys tried Renko bars??

Just installed them. Look really clean for trading the equivalent to 1 hour charts. Hopeless for scalping.
  • #300,486
  • Feb 13, 2012 4:53am Feb 13, 2012 4:53am
Quoting stond
we close gap and we go in pit.
forget about gaps.
gaps does not exits...

there is a low and there is an high
there is a daily closing and a weekly closing.

gap theory have been built by some one who didnt know anything about trading
90% of traders use TA, indicators and prediction
  • #300,487
  • Feb 13, 2012 5:03am Feb 13, 2012 5:03am
looking good for bulls ........

time to jump i guess
MMMYYYKKK
  • #300,488
  • Feb 13, 2012 6:02am Feb 13, 2012 6:02am
Quoting myk
looking good for bulls ........

time to jump i guess
Not yet because not all affairs are still completed in the south i guess
  • #300,489
  • Feb 13, 2012 6:06am Feb 13, 2012 6:06am
Hey guys,

nice DTL on H4 there pretty steep and pronounced

short @ 1.5810
Attached Image (click to enlarge)
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Hear the music before the song is over ...
  • #300,490
  • Feb 13, 2012 8:12am Feb 13, 2012 8:12am
"and the winner is....."
90% of traders use TA, indicators and prediction
  • #300,491
  • Feb 13, 2012 8:15am Feb 13, 2012 8:15am
ME,
  • #300,492
  • Feb 13, 2012 9:00am Feb 13, 2012 9:00am
Hi All,
Assume nothing before H4 S/R valid.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H4.jpg Size: 65 KB
  • #300,493
  • Feb 13, 2012 9:19am Feb 13, 2012 9:19am
Quoting abdul_halim
Test
scalping allowed..
daily flat
update..
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  • #300,494
  • Feb 13, 2012 9:27am Feb 13, 2012 9:27am
Quoting PoundTrader
ME,
Wrong! -> Market
.
  • #300,495
  • Feb 13, 2012 9:52am Feb 13, 2012 9:52am
Quoting manniMe
Wrong! -> Market
ok there buddy, no need to stress another mans trading, do what you do and wish you the best of luck
  • #300,496
  • Feb 13, 2012 9:58am Feb 13, 2012 9:58am
Quoting PoundTrader
ok there buddy, no need to stress another mans trading, do what you do and wish you the best of luck
Absolutely right,thx bro..
  • #300,497
  • Edited 10:29am Feb 13, 2012 10:14am | Edited 10:29am
Quoting Tsar
Falling Wedge Pattern in Weekly...
Ops... She likes to JUMP first...
Always looking the GREAT, never left GOOD Point...
  • #300,498
  • Feb 13, 2012 11:21am Feb 13, 2012 11:21am
>2) >>> Gbp/Usd <<< Weekly view - 4 Hours Chart in analogy with the 35 Pips Range Bars Chart:


http://www.dukascopy.com/imageserver...2/image564.jpg

http://www.dukascopy.com/imageserver...2/image297.jpg


To YOur success,
Doctortyby
  • #300,499
  • Feb 13, 2012 5:32pm Feb 13, 2012 5:32pm
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
€ up-
because?
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give 1 and get 100
  • #300,500
  • Feb 13, 2012 6:21pm Feb 13, 2012 6:21pm
Quoting abdul_halim
update..
update...
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