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Cable Update (GBPUSD)

  • #304,041
  • Mar 16, 2012 4:52pm Mar 16, 2012 4:52pm
Quoting _BBKing_
ok ok forgive me guys ..... but.... how could i resist to print this post?


"hey, look how much GU went down today. nearly an H&S pattern!"

i only hope that IF some one still was short.... had stops @BE
have a good week end everyone!
bybye
You gave me a heart attack for a sec...
Come with me if you want to live....
  • #304,042
  • Mar 16, 2012 4:54pm Mar 16, 2012 4:54pm
Quoting _BBKing_
yes must be something very big looking how much time need to be on fire

i rarely seen this kind of thing in GU.
when she did.... after that she shooted huge pips in no time.
straight move even no 20 pips retrace till end of the day.

i hope will be in up!!
That's right, not even 20 pips retrace
Come with me if you want to live....
  • #304,043
  • Mar 16, 2012 4:55pm Mar 16, 2012 4:55pm
Quoting _BBKing_
ok ok forgive me guys ..... but.... how could i resist to print this post?


"hey, look how much GU went down today. nearly an H&S pattern!"

i only hope that IF some one still was short.... had stops @BE
have a good week end everyone!
bybye

thats definately a short..hehe
stop hunt bhuwhaha
  • #304,044
  • Mar 16, 2012 4:57pm Mar 16, 2012 4:57pm
Quoting PhAnTi'
thats why we r using stops

Attachment

I hope u learn something here..bro
u posted the analysis start of week i think it was sunday night, it happenned!!

question is did u stick to it?
  • #304,045
  • Mar 16, 2012 4:58pm Mar 16, 2012 4:58pm
Quoting Ill-b-back
That's right, not even 20 pips retrace
90% of traders use TA, indicators and prediction
  • #304,046
  • Mar 16, 2012 5:00pm Mar 16, 2012 5:00pm
Quoting nAVIN2007
thats definately a short..hehe
stop hunt bhuwhaha


damn what a week!!! all due to the EU... was very late in the thing to fill levels
90% of traders use TA, indicators and prediction
  • #304,047
  • Mar 16, 2012 5:03pm Mar 16, 2012 5:03pm
Quoting _BBKing_


damn what a week!!! all due to the EU... was very late in the thing to fill levels

no it wasnt, i think..was usd!..right up at resistance..no way it was crossing this area..eventually it gave way
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  • #304,048
  • Mar 16, 2012 5:21pm Mar 16, 2012 5:21pm
Quoting nAVIN2007
no it wasnt, i think..was usd!..right up at resistance..no way it was crossing this area..eventually it gave way
ok i have not usd indx but this is what i noticed yesterday/today..
some could say is a kind of correction in those cross pairs, but at the first look, seems like EU n AU had a kind of "non sense" up move @3080 n @0480.
while GU simply went to cover the monthly pivot january 5600 then range waiting the other 2 doing their home works @3000 and @0430.

ehehhe
funny
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90% of traders use TA, indicators and prediction
  • #304,049
  • Mar 16, 2012 5:24pm Mar 16, 2012 5:24pm
Quoting _BBKing_
ok i have not usd indx but this is what i noticed yesterday/today..
some could say is a kind of correction in those cross pairs, but at the first look, seems like EU n AU had a kind of "non sense" up move @3080 n @0480.
while GU simply went to cover the monthly pivot january 5600 then range waiting the other 2 doing their home works @3000 and @0430.

ehehhe
funny

definetly the EU is always late in this kind of moves.
look! GU n AU already retested their respective things. while EU now is in stall.
EU is always good to autocomplicate its life. what a bastard!!! should one to be killed!
90% of traders use TA, indicators and prediction
  • #304,050
  • Mar 16, 2012 5:27pm Mar 16, 2012 5:27pm
Quoting _BBKing_
definetly the EU is always late in this kind of moves.
look! GU n AU already retested their respective things. while EU now is in stall.
EU is always good to autocomplicate its life. what a bastard!!! should one to be killed!
great observation
  • #304,051
  • Mar 16, 2012 5:32pm Mar 16, 2012 5:32pm
A bullish week overall with price achieving 95% of it's 20 week atr, and 59% so far this month of same 20month atr. Following the recovery off the 5601 weekly low price closed just off it's weekly hi of 5860 around 5837.

Weekly
The weekly candle closed as a bullish thrust engulfing following it's recovery from 5601 weekly low. Any close and low on next week's weekly candle above this week's open could see this 5601 become a fractal swing lo on this t/f. Price trades above it's 100sma but below it's 200sma and this 100sma remains below the 200 but pointing mildly up.

In respect of opa (overall price action-peak/valley analysis)This t/f is mixed - bullish and any break above the last HH (5991) will confim that it is in a 'general' uptrend

Daily t/f trend lines are shown as white dotted on the weekly chart below

Daily
Price made a break to the downside of the recent 5927-5647 chop on this t/f finding support at 5601 before a pullback inside this range. (This followed the failed 1st upside b/o to 5991.) This 5601 LL has been followed by a LH, HL and now a H (although not fractal yet) which so far is above the last 2 x LH's on this t/f.

This t/f is now in a 'classic opa range' but with a recent bullish biais particularly after Friday's very bullish candle close, the Hi being at the 200sma on this t/f. 100sma on this t/f is still below it's 200sma but price closed above it.

Weekly trend lines are shown as green dotted on the Daily chart below.

4Hr
The H printed at today's Hi was above the last 3 x LH's on this t/f and followed a HL. Price trades above it's 50, 100 and 200sma on this t/f. Re opa: whilst not a 'classic' uptrend on this t/f yet it is looking very bullish.

Daily trend line is shown as green dotted on the 4Hr chart below.

G/L
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ex member
  • #304,052
  • Mar 16, 2012 5:40pm Mar 16, 2012 5:40pm
Looking to the immediate upside of Friday's closing price:

(With next week's Weekly and Monday's Daily Pivots calculated.)


5851-60 prev 1hr sw hi zone incl 5851= Monthly Pivot @/around
5874-81 prev Dly/4hr/1hr sw hi zone
5885 76.4% 5974-5601
5896-5908 prev 4hr sw lo zone (non-immed) incl 5898 = 76.4% 5991-5601 and 5900 = Daily R1 @/around
5918 85.4% 5974-5601
5925-35 descending weekly t/line coming thru on monday's daily candle incl 5931 = Weekly R1 @/around and 5933 = 85.4% 5991-5601

[ 5958-65-74 prev 4hr swi hi zone incl 5964 = Daily R2 @/around
[ 5960-70 descending daily t/line coming thru on monday's daily candle

5976-91 prev Daily/4hr sw hi zone incl 5986/89 2 x fibs incl 50% 6746-5234
5999 85.4% 6130-5234
6025 Weekly R2 @/around
6030 85.4% 6165-5234
6059 Monthly R1 @/around
6073-92 incl 6087 = 61.8% 6617-5234
6103-15-30 prev Dly/4hr sw hi zone incl 6130 = Daily R3 @/around
6136-65 prev Wkly/Dly sw hi zone incl 6163 = 76.4% 6454-5234
6167 61.8% 6746-5234
6179-6206 prev minor Daily sw lo hi zone incl 6198 = Monthly R2 @/around
6250-75 prev Daily minor sw lo zone (non immed) with 6275 = 85.4% 6454-5234
6284 Weekly R3
6287 76.4% 6617-5234


G/L
ex member
  • #304,053
  • Mar 16, 2012 5:42pm Mar 16, 2012 5:42pm
Quoting nAVIN2007
great observation
tks
well... i must admit that i'm a lot biased in favour of GU than EU.....
but looking at these charts now GU is very clear to me what can happen soon.
while EU really not.
indeed i bet a lot of longs went closed today out there. stopped like against a wall @3170-80
90% of traders use TA, indicators and prediction
  • #304,054
  • Mar 16, 2012 7:11pm Mar 16, 2012 7:11pm
Long, and love you long time GU.
Don't care if its wrong, it's what I see (for now).
Have a great weekend everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: trades2.gif Size: 19 KB
Come with me if you want to live....
  • #304,055
  • Mar 18, 2012 3:12am Mar 18, 2012 3:12am
Quoting Ill-b-back
Well done,
Like a bandit bro, like a bandit.
Maybe we could form a gang huh?
This chart actually needs 1 more line?
Come with me if you want to live....
  • #304,056
  • Mar 18, 2012 8:15am Mar 18, 2012 8:15am
Quoting Ill-b-back
This chart actually needs 1 more line?

Honestly dude....that chart has toooooo many lines.
I don't trust any move - when you have profit...take it.
  • #304,057
  • Mar 18, 2012 8:31am Mar 18, 2012 8:31am
Quoting nAVIN2007
I hope u learn something here..bro
u posted the analysis start of week i think it was sunday night, it happenned!!

question is did u stick to it?
what r u refering to ? please quote that i can check it bro

regards,
Jonas
Hero calls followed by margin calls...
  • #304,058
  • Mar 18, 2012 9:11am Mar 18, 2012 9:11am
Quoting PhAnTi'
what r u refering to ? please quote that i can check it bro

regards,
Jonas
Quoting PhAnTi'
thought i share my cable analysis here as well since this is the cable thread ...

entire post in j16 thread

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second chart
  • #304,059
  • Mar 18, 2012 10:57am Mar 18, 2012 10:57am
added more indis at the grave yard
  • #304,060
  • Mar 18, 2012 11:18am Mar 18, 2012 11:18am
Quoting nAVIN2007
second chart
Hero calls followed by margin calls...
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