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Cable Update (GBPUSD)

  • #302,801
  • Mar 8, 2012 11:19am Mar 8, 2012 11:19am
Quoting Zircon
Bay bay mate, one more thing.

What happen today is normal because there is so called gap in this market , until
other pairs go up cross theirs gaps and go down back, will see pound go down and build uncrossed gap and for fall until reach bottom, then go up for another trend up.


professional knows well what i am telling is one of those secret of this game. Time up


I will come back in invisible just to watching you.

Good luck all
I'm NOT Superb Trader, Bro
Don't Follow me anymore, sometimes I'm wrong as always...
Always looking the GREAT, never left GOOD Point...
  • #302,802
  • Mar 8, 2012 11:19am Mar 8, 2012 11:19am
Quoting Passerby
Eh kiwi? and where is the shooting star? Shooting star happened often in stock but are very rare on FX at higher TF.

PS: For a shooting star you need a gap from closing price to the open price of the next candle.
Perhaps because of the time when 4h closed make us see different price pattern.. afterall its a shooting star on my end
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  • #302,803
  • Mar 8, 2012 11:24am Mar 8, 2012 11:24am
Quoting A-speculator
Perhaps because of the time when 4h closed make us see different price pattern.. afterall its a shooting star on my end
Wow, that must be the case. Your chart is completely different from mine.

Edit: Upss, I think you said evening star. Sorry mate its 12:30 am here.
  • #302,804
  • Mar 8, 2012 11:29am Mar 8, 2012 11:29am
Quoting Passerby
Wow, that must be the case. Your chart is completely different from mine. BTW, I think it was a pin bar, I do not see a gap in your chart.

Evening Star: http://stockcharts.com/school/data/m...veningStar.gif A bearish reversal pattern that continues an uptrend with a long white body day followed by a gapped up small body day, then a down close with the close below the midpoint of the first day. (Source:http://stockcharts.com/school/doku.p..._#shootingstar)...
i'm not saying evening star mate, i said shooting star, and confirmation of the shooting star is a candle closed below its low.. anyway, i triggered a short @ 8246 with a stop loss above the shooting star at 8290.. ~50pips of calculated risk..

it's late here.. see u later mate.. green pips to you..
  • #302,805
  • Mar 8, 2012 11:33am Mar 8, 2012 11:33am
Quoting A-speculator
i'm not saying evening star mate, i said shooting star, and confirmation of the shooting star is a candle closed below its low.. anyway, i triggered a short @ 8246 with a stop loss above the shooting star at 8290.. ~50pips of calculated risk..

it's late here.. see u later mate.. green pips to you..
Same here, my mind is a bit disconnected ATM. SL moved to 1.58065, TP to 1.58600. Gonna sleep now, GL and green pips for both of us.
  • #302,806
  • Mar 8, 2012 11:40am Mar 8, 2012 11:40am
who cares if its evening star, morning star, afternoon star, etc. any opinion r welcome here... who cares if its right or wrong..
  • #302,807
  • Mar 8, 2012 11:41am Mar 8, 2012 11:41am
Quoting Passerby
Weh ada lagi, salam kenal gan.

Hmm.. seems that 1.583 was rejected.
yeah stall and wait the Greece things imo. still 2.5 hours to go.
possible double top forming or 5810 become strong support. down hard or fly.
but the news came out more positive on the last hours.

anyway I have locked my long position. like to know the PSI results but cant stand.. sleepy.
am signing off. good luck n trade well.


*salam kenal juga... nice avatar btw, hati2 kena PPATK hehe..
  • #302,808
  • Mar 8, 2012 11:49am Mar 8, 2012 11:49am
Quoting Zircon
Bay bay mate, one more thing.

What happen today is normal because there is so called gap in this market , until
other pairs go up cross theirs gaps and go down back, will see pound go down and build uncrossed gap and for fall until reach bottom, then go up for another trend up.


professional knows well what i am telling is one of those secret of this game. Time up


I will come back in invisible just to watching you.

Good luck all
sorry but i didnt understand... what do you mean?
90% of traders use TA, indicators and prediction
  • #302,809
  • Mar 8, 2012 11:58am Mar 8, 2012 11:58am
I understand....
  • #302,810
  • Mar 8, 2012 12:51pm Mar 8, 2012 12:51pm
How many more tests of 5830 do you want?? just drop for feck sake

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  • #302,811
  • Mar 8, 2012 1:38pm Mar 8, 2012 1:38pm
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Come with me if you want to live....
  • #302,812
  • Mar 8, 2012 2:45pm Mar 8, 2012 2:45pm
Quoting GDR3k
How many more tests of 5830 do you want?? just drop for feck sake

http://www.youtube.com/watch?v=A_Dcl2aUzsc
90% of traders use TA, indicators and prediction
  • #302,813
  • Mar 8, 2012 2:49pm Mar 8, 2012 2:49pm
Quoting GDR3k
How many more tests of 5830 do you want?? just drop for feck sake

http://www.youtube.com/watch?v=A_Dcl2aUzsc

anyway price is very tricky today...
imo this thing will print very high!

5830 giving a lot of problems but look how price simply print higher n higher. let's see what happens. im ready to close my long if things get worse (could things be worst than they actually are?!?!) and say bybye till monday or tuesday.

tomorrow smell like ready to be one of those nfp where price goes updown in a large range to close daily unchanged. lol.
90% of traders use TA, indicators and prediction
  • #302,814
  • Mar 8, 2012 3:12pm Mar 8, 2012 3:12pm
Not Zircon species. I'm another type, I'm Phoenix
Type of Birds that can fly reach Higher places. Unique species...


Attention : This is NOT Signal for Trade !

Quoting Tsar
I'm NOT Superb Trader, Bro
Don't Follow me anymore, sometimes I'm wrong as always...
Always looking the GREAT, never left GOOD Point...
  • #302,815
  • Mar 8, 2012 3:17pm Mar 8, 2012 3:17pm
Quoting _BBKing_
anyway price is very tricky today...
imo this thing will print very high!

5830 giving a lot of problems but look how price simply print higher n higher. let's see what happens. im ready to close my long if things get worse (could things be worst than they actually are?!?!) and say bybye till monday or tuesday.

tomorrow smell like ready to be one of those nfp where price goes updown in a large range to close daily unchanged. lol.

dont worry..like i say 1.65 we will see
  • #302,816
  • Mar 8, 2012 3:26pm Mar 8, 2012 3:26pm
Quoting nAVIN2007
dont worry..like i say 1.65 we will see
ehehe
looking how could weekly develop..... let's say, only need to clear 5870 and close above tomorrow.
not that easy, but.... possible! actually i have a number in my mind, since i saw 1.5930 cleared, but not time to post about it, could be confusing
90% of traders use TA, indicators and prediction
  • #302,817
  • Mar 8, 2012 3:29pm Mar 8, 2012 3:29pm
Quoting _BBKing_
ehehe
looking how could weekly develop..... let's say, only need to clear 5870 and close above tomorrow.
not that easy, but.... possible! actually i have a number in my mind, since i saw 1.5930 cleared, but not time to post about it, could be confusing
all weekly has to do is move 50 pips higher towards 1.59..this will pave the way towards 1.61..

looks the candles..today is bullish ..tomorrow probability lies north..once again is news which will show(be the excuse to move)..

u know the long term plan

USD recovery is excellent..means there is hope for the rest..its this simple
  • #302,818
  • Mar 8, 2012 3:45pm Mar 8, 2012 3:45pm
Quoting nAVIN2007
all weekly has to do is move 50 pips higher towards 1.59..this will pave the way towards 1.61..

looks the candles..today is bullish ..tomorrow probability lies north..once again is news which will show(be the excuse to move)..

u know the long term plan

USD recovery is excellent..means there is hope for the rest..its this simple
let's see if she does the magic. 15minutes left here to print 10 pips higher. ehehhe
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  • #302,819
  • Mar 8, 2012 3:46pm Mar 8, 2012 3:46pm
Quoting nAVIN2007
all weekly has to do is move 50 pips higher towards 1.59..this will pave the way towards 1.61..

looks the candles..today is bullish ..tomorrow probability lies north..once again is news which will show(be the excuse to move)..

u know the long term plan

USD recovery is excellent..means there is hope for the rest..its this simple
nAV, this thing has been very aggressive since coming off the bottom this year. We broke thru quite a few MAs today which were quite steep including the 200 and 55 and 100sma's on various timeframes on or near the 38.2 retrace. Also a 60sma I think, or nearly. Although I don't usually pay much attention to this fib it had some good confluence with broken TL, MAs etc. what are your thoughts on this daily 55ema holding up? Do you also think news events are an "excuse"? for this pair to simply do what was planned long ago? I think I actually am a conspiracy theorist despite my reluctance to admit it
Come with me if you want to live....
  • #302,820
  • Edited 4:54pm Mar 8, 2012 4:34pm | Edited 4:54pm
Quoting Ill-b-back
nAV, this thing has been very aggressive since coming off the bottom this year. We broke thru quite a few MAs today which were quite steep including the 200 and 55 and 100sma's on various timeframes on or near the 38.2 retrace. Also a 60sma I think, or nearly. Although I don't usually pay much attention to this fib it had some good confluence with broken TL, MAs etc. what are your thoughts on this daily 55ema holding up? Do you also think news events are an "excuse"? for this pair to simply do what was planned long ago? I think I actually am...
either u trade news or u dont..
one thing i will say is news gives direction for the weak minded and easy influenced..u have to be solid bro!!..once in trade, yur in...i couldnt care what happens ..u dont need to concern yourself with anything only the what has happened!! all else is a waste of time..

personally i see a move toward 1.61 b4 down BASED ON CHART PA

going back on my first point..if news was that simple to read every1 would have corn, we have cause it creates fear and greed..so unless u have yur emotions in check..u will get killed..Its funny..i feel like im not in a trade and waiting for a setup..LOL
didnt think i could think like this 3 years ago


i DONT USE MOVING AVERAGES BRO..cause i have learnt to see the support resistance..u gain this with time, now that i finish talking @#@ lol..i suppose we gonna have to wait and see..yes i was telling u guys i thought it would be a bottom..just a pity i didnt pull the trigger down there, myself

looking at the chart i cant see any reason to short..which tells me personally that technically long has a good chance of making a higher high..thats all i can say..talking about fibs..i only take notice of 50 or 61.8..but this again is just support or resistance..its not the fibs itself but the confluence it gives..making the area have demand..

i wish u all luck..and sorry i cant add anything more..from a charting point of view
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