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Cable Update (GBPUSD)

  • #306,641
  • Apr 6, 2012 1:46am Apr 6, 2012 1:46am
Quoting nAVIN2007
ROFL

There goes my tea..jeez guys
hi mate..

at last, my savior has arrived!!
  • #306,642
  • Apr 6, 2012 1:47am Apr 6, 2012 1:47am
navin remember back in the day when this forum was the shit, it none went to hell, this forum has seen it's better days
  • #306,643
  • Apr 6, 2012 1:51am Apr 6, 2012 1:51am
Quoting _BBKing_
hello,
yes i agree! to be in a med term positions or even long term must consider also fundamental aspects.
a problem i personally find about fundamentals is: ok, we have no qe3 or we have more qe in uk etc... we have germany in deep red everywhere etc... but also with all these things, market could go up now 300-400 pips in GU EU etc, simply because there is something out there that is out of our comprehnsion. at least mine

for example, the move in EU from 1.30 to 1.34 seen in daily last swing up?! or better the move when came from 1.26-1.28:...
agreed, fundamentals is crucial in INVESTING.. technical analysis & market timing skills are crucial in TRADING and a bonus if you got fundamentals skill also, just a bonus..

there's a big difference in investing and trading..
  • #306,644
  • Apr 6, 2012 1:58am Apr 6, 2012 1:58am
Quoting PoundTrader
navin remember back in the day when this forum was the shit, it none went to hell, this forum has seen it's better days

yes it was a fantastic thread..still thou, there hope every now it has it still has its moments..

u right thou..them times it was next level
  • #306,645
  • Apr 6, 2012 2:01am Apr 6, 2012 2:01am
Quoting A-speculator
hi mate..

at last, my savior has arrived!!

unfortunately bro!! weekly has an inverse head n shoulder..the high we reached formed a perfect trendline and price sold from that point

I bloody missed..
but it is building next touch could break it..but i aint holding my breath..question of life span
no chart but have given every thing to find it..cannot jinx my shit right now

right now we at the third touch of monthly trendline potentially forming - this is acting as a shield to tank
the low of yesterday - pretty clear nothing out of ordinary - all predictable if person is alert - unfortunately missed the top trendline so the inverse Head and shoulder hasnt triggered
  • #306,646
  • Apr 6, 2012 2:04am Apr 6, 2012 2:04am
Quoting nAVIN2007
unfortunately bro!! weekly has an inverse head n shoulder..the high we reached formed a perfect trendline and price sold from that point

I bloody missed..
but it is building next touch could break it..but i aint holding my breath..question of life span
no chart but have given every thing to find it..cannot jinx my shit right now
yeah, we are even making new high in daily mate.. once we have price closed convincingly above 5900, the game is on..
  • #306,647
  • Apr 6, 2012 2:09am Apr 6, 2012 2:09am
Quoting A-speculator
yeah, we are even making new high in daily mate.. once we have price closed convincingly above 5900, the game is on..

1.6 will be tested again..quarterly is bullish (i think) because its an established trendline the forth touch may break it..if we hit the same high - i say 1.65 without a doubt - its all about breaking 1.6
  • #306,648
  • Apr 6, 2012 2:16am Apr 6, 2012 2:16am
Quoting wormboy
That's one keyboard you owe me you twat

Nav, this one is gold you gotta admit lol
sorry about your keyboard got to go, inlaws for dinner
Come with me if you want to live....
  • #306,649
  • Apr 6, 2012 2:17am Apr 6, 2012 2:17am
Quoting nAVIN2007
1.6 will be tested again..quarterly is bullish (i think) because its an established trendline the forth touch may break it..if we hit the same high - i say 1.65 without a doubt - its all about breaking 1.6
what about quarterly pivot? where is it?
should be near 1.57 if i'm not wrong...
90% of traders use TA, indicators and prediction
  • #306,650
  • Apr 6, 2012 2:18am Apr 6, 2012 2:18am
Quoting Ill-b-back
sorry about your keyboard got to go, inlaws for dinner
you will miss these next 5pips moving!!!!
90% of traders use TA, indicators and prediction
  • #306,651
  • Apr 6, 2012 2:18am Apr 6, 2012 2:18am
Quoting _BBKing_
what about quarterly pivot? where is it?
should be near 1.57 if i'm not wrong...

no idea bro..1.58 should hold..because of the monthly trendline..if that line is legit..
u see monthly last month isnt actually bearish..which for me is meaning look for buy signals..I ignore the sells because i simply not monitoring my trades..when i work i dont look at the chart at all..therefore i can miss the opportunity to get out..

also make it complicated as mind is on the trade..remember bro..i aint saying anything has to happen just my observations. I know u know this..but it aimed at others that dont know me so well

edit:- that trendline is also confluence with the breakout now pullback to breakout point on monthly..that why 1.57 shouldnt happen
  • #306,652
  • Apr 6, 2012 2:23am Apr 6, 2012 2:23am
Quoting A-speculator
if you zoom out a little from your chart, perhaps you might see why i'm buying.. see the TL at about the 5800 which we discussed yesterday.. if you can remember, i'm looking at 5750 yesterday due to the fact that by moving to that area, it will confirmed a more bearish sentiment, the breakout of 2 strong support..

BUT, the price managed to trade above it and we see significant movement at about the support area yesterday, it does not indicate weakness is we see pullback like that at 2 major zones..

and since we made that low, there's no more...
You sure you can read from that chart of yours?? im having a tough time seeing whats going on tbh with you...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #306,653
  • Apr 6, 2012 2:25am Apr 6, 2012 2:25am
Quoting nAVIN2007
no idea bro..1.58 should hold..because of the monthly trendline..if that line is legit..
u see monthly last month isnt actually bearish..which for me is meaning look for buy signals..I ignore the sells because i simply not monitoring my trades..when i work i dont look at the hart at all..therefore i can miss the opportunity to get out..

also make it complicated as mind is on the trade..remember bro..i aint saying anything has to happen just my observations. I know u know this..but it aimed at others that dont know me so well
ehheh
i know you know i know
about monthly tl you mean this one?
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90% of traders use TA, indicators and prediction
  • #306,654
  • Apr 6, 2012 2:26am Apr 6, 2012 2:26am
Bank holiday,boring.
patient is my attitude, rushing is a dog
  • #306,655
  • Apr 6, 2012 2:29am Apr 6, 2012 2:29am
Quoting _BBKing_
ehheh
i know you know i know
about monthly tl you mean this one?
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  • #306,656
  • Apr 6, 2012 2:32am Apr 6, 2012 2:32am
calculated quarterly
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90% of traders use TA, indicators and prediction
  • #306,657
  • Apr 6, 2012 2:34am Apr 6, 2012 2:34am
Quoting nAVIN2007
3rd cs should be nice support level.
patient is my attitude, rushing is a dog
  • #306,658
  • Apr 6, 2012 2:35am Apr 6, 2012 2:35am
Quoting _BBKing_
calculated quarterly

good one..another confluence 1.58 central pivot ..makes sense..to get direction from here
  • #306,659
  • Apr 6, 2012 2:37am Apr 6, 2012 2:37am
Quoting _BBKing_
calculated quarterly
this says nothing and everything in the same time.
funny to see pivot s1 n r1 appearing exactly near strong levels!!
90% of traders use TA, indicators and prediction
  • #306,660
  • Apr 6, 2012 2:40am Apr 6, 2012 2:40am
Quoting nAVIN2007
good one..another confluence 1.58 central pivot ..makes sense..to get direction from here
if this quarterly holds at these levels (i would say until 1.56 since we talk in very large TF) means possible strong push to 1.63 and 1.66 still possible!!
90% of traders use TA, indicators and prediction
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