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Cable Update (GBPUSD)

  • #307,341
  • Apr 11, 2012 7:05am Apr 11, 2012 7:05am
Quoting nAVIN2007
nice to see u around buddy..
Good day to you, my friend

All good - thank you for asking. I see you are trading a marathon...

Wish you all success!

Regards
  • #307,342
  • Apr 11, 2012 7:06am Apr 11, 2012 7:06am
Quoting Faller
Although my overall bias is to the downside - today so far is really showing that price wants to move up...would like to see it hit 1.5980 -
Indeed it wants to go up but i got to say... looks like every attempts looks more like a wasted opportunity to go up....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,343
  • Apr 11, 2012 7:08am Apr 11, 2012 7:08am
Quoting Faller
Freudian slip? Are you smokin'?
the most important is, the substances of my question is answered clearly by nav.....it is enough for me bro....
  • #307,344
  • Apr 11, 2012 7:20am Apr 11, 2012 7:20am
Yet another day..... Stops hunts above 1.5900 prior to options expiry
1.5900 options done and dusted
lets see if they're interested for those at 1.58 before they expire...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,345
  • Apr 11, 2012 7:35am Apr 11, 2012 7:35am
It may go to 5968 area to accomplish gartley, this area is ABCD 127.2% expansion and also coinciding with 61.8% retracemant of XA. I may look for sell signal in this area and i may go short if and only if MACD trend will turn bearish at 4H and 1H timeframe after accomplishing that gartley. Now trend at 4H time frame and 1H time frame is bullish. If it will disrespect 5968 area then next level to watch for is 1.6000 because it will be very very near to ABCD 1.618% expansion and also 1.6 is psychological no. . This will be last hope for bears.
This is my own technical view which is unbiased.
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  • #307,346
  • Apr 11, 2012 7:36am Apr 11, 2012 7:36am
Quoting corpo30
It may go to 5968 area to accomplish gartley, this area is ABCD 127.2% expansion and also coinciding with 61.8% retracemant of XA. I may look for sell signal in this area and i may go short if and only if MACD trend will turn bearish at 4H and 1H timeframe after accomplishing that gartley. Now trend at 4H time frame and 1H time frame is bullish. If it will disrespect 5968 area then next level to watch for is 1.6000 because it will be very very near to ABCD 1.618% expansion and also 1.6 is psychological no. . This will be last hope for bears....
Where i typed 1.618%, i meant 161.8% actually.
  • #307,347
  • Apr 11, 2012 7:42am Apr 11, 2012 7:42am
Quoting corpo30
It may go to 5968 area to accomplish gartley, this area is ABCD 127.2% expansion and also coinciding with 61.8% retracemant of XA. I may look for sell signal in this area and i may go short if and only if MACD trend will turn bearish at 4H and 1H timeframe after accomplishing that gartley. Now trend at 4H time frame and 1H time frame is bullish. If it will disrespect 5968 area then next level to watch for is 1.6000 because it will be very very near to ABCD 1.618% expansion and also 1.6 is psychological no. . This will be last hope for bears....
Completely agree with your analysis that a gartley pattern might be in play but the gartley will only complete if GBPUSD breaks above this incredibly annoying area of 1.5900-1.5905
but still dont disregard your analysis because of what i say though... because its a very sound analysis, you just need to wait for the market to allow it to happen...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,348
  • Apr 11, 2012 7:45am Apr 11, 2012 7:45am
Quoting bguguen
Completely agree with your analysis that a gartley patter might be in play but the gartley will only complete if GBPUSD breaks above this incredibly annoying area of 1.5900-1.5905
but still dont disregard your analysis because of what i say though... because its a very sound analysis, you just need to wait for the market to allow it to happen...

Sent the guy a PM saying the same thing - nice to see someone putting some thought into things.....

How are you today? Any positions on? I am flat and waiting.....falling asleep here....each time a I wake up it moves 15 to 20 pips up and 15 to 20 pips down......can't trade that shart.
I don't trust any move - when you have profit...take it.
  • #307,349
  • Apr 11, 2012 7:50am Apr 11, 2012 7:50am
Quoting Faller
Sent the guy a PM saying the same thing - nice to see someone putting some thought into things.....

How are you today? Any positions on? I am flat and waiting.....falling asleep here....each time a I wake up it moves 15 to 20 pips up and 15 to 20 pips down......can't trade that shart.
Well what can i say.. been quite the uninteresting day... i seriously thought of coming back on thursday since theres nothing interesting going on today data wise....
i mean technicals alone are having enough headaches with GBPUSD area today... people get caught longing when they thought GBPUSD broke up when its at 1.5920 only to find GBPUSD going back below 1.5900... real frustrating day...

My bot however had a much better day than I did today... obviously he didnt make much on GBPUSD, but hes making a killing primarily on crosses today...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,350
  • Apr 11, 2012 7:54am Apr 11, 2012 7:54am
Quoting bguguen
Well what can i say.. been quite the uninteresting day... i seriously thought of coming back on thursday since theres nothing interesting going on today data wise....
i mean technicals alone are having enough headaches with GBPUSD area today... people get caught longing when they thought GBPUSD broke up when its at 1.5920 only to find GBPUSD going back below 1.5900... real frustrating day...

My bot however had a much better day than I did today... obviously he didnt make much on GBPUSD, but hes making a killing primarily on crosses today...
when you least expect it.....expect it.
I don't trust any move - when you have profit...take it.
  • #307,351
  • Apr 11, 2012 7:58am Apr 11, 2012 7:58am
Quoting bguguen
Well what can i say.. been quite the uninteresting day... i seriously thought of coming back on thursday since theres nothing interesting going on today data wise....
i mean technicals alone are having enough headaches with GBPUSD area today... people get caught longing when they thought GBPUSD broke up when its at 1.5920 only to find GBPUSD going back below 1.5900... real frustrating day...

My bot however had a much better day than I did today... obviously he didnt make much on GBPUSD, but hes making a killing primarily on crosses today...
When 1H candles are tricky, I use to watch 4H candles. For example, currenct candle (8 AM EDT) is bullish hammer but previous was bearish engulfing, WTF
  • #307,352
  • Apr 11, 2012 8:00am Apr 11, 2012 8:00am
Since price action is sooooo boring...lets all post our favorite market quote -

You know....like....

the trend is your friend....

don't catch a falling knife....

etc.....

who is first?
I don't trust any move - when you have profit...take it.
  • #307,353
  • Apr 11, 2012 8:08am Apr 11, 2012 8:08am
Quoting Faller
Since price action is sooooo boring...lets all post our favorite market quote -

You know....like....

the trend is your friend....

don't catch a falling knife....

etc.....

who is first?
Don't fcuk with meh positions (guess which long term trader)
Come with me if you want to live....
  • #307,354
  • Apr 11, 2012 8:11am Apr 11, 2012 8:11am
Quoting bguguen
Well what can i say.. been quite the uninteresting day... i seriously thought of coming back on thursday since theres nothing interesting going on today data wise....
i mean technicals alone are having enough headaches with GBPUSD area today... people get caught longing when they thought GBPUSD broke up when its at 1.5920 only to find GBPUSD going back below 1.5900... real frustrating day...

My bot however had a much better day than I did today... obviously he didnt make much on GBPUSD, but hes making a killing primarily on crosses today...
Come with me if you want to live....
  • #307,355
  • Apr 11, 2012 8:12am Apr 11, 2012 8:12am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
You can stick your head up a bulls ass... wait a minute...you can get a good look at a butcher....hold on.
  • #307,356
  • Apr 11, 2012 8:12am Apr 11, 2012 8:12am
Quoting Ill-b-back
Don't fcuk with meh positions (guess which long term trader)
too obvious...

How about

"Trading Anything above 1H needs fundamental considerations" ??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,357
  • Apr 11, 2012 8:13am Apr 11, 2012 8:13am
Quoting Ill-b-back
what are you trying to disagree my friend?? care to share??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,358
  • Apr 11, 2012 8:13am Apr 11, 2012 8:13am
Quoting eggs
You can stick your head up a bulls ass... wait a minute...you can get a good look at a butcher....hold on.
WTF? Who is this hillbilly
Come with me if you want to live....
  • #307,359
  • Apr 11, 2012 8:14am Apr 11, 2012 8:14am
Quoting Faller
Since price action is sooooo boring...lets all post our favorite market quote -

You know....like....

the trend is your friend....

don't catch a falling knife....

etc.....

who is first?

When price squares with time it will turn.
  • #307,360
  • Apr 11, 2012 8:14am Apr 11, 2012 8:14am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
dont u worry about it
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