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Cable Update (GBPUSD)

  • #309,021
  • Apr 19, 2012 9:27pm Apr 19, 2012 9:27pm
prediction is just prediction .... expectation is just expectation ... trading is another thing mate .........

business plan is just business plan, running the business is another thing also

just remember management........ : planning, organizing, actuating and controlling

"the bias" depends on time frame and period frame where we work .......

if someone said bull ... believe he/she has reason for bull

if someone said bear ...believe he/she has reason for bear

look at this and try look everything from helicopter cockpit ...


Quoting Davit
Sorry I just got ticked off how that person boldly claimed "I expect prices to move toward desired goals in the medium term"
By drawing some lines based on PAST
Wow he EXPECTS
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Attached Image
not euphoria follower
  • #309,022
  • Apr 19, 2012 9:28pm Apr 19, 2012 9:28pm
Quoting TauTrader
True.

Both TA as well as Fundamentals have their place. Choose your weapon.

Simples.

Regards
not euphoria follower
  • #309,023
  • Apr 19, 2012 9:30pm Apr 19, 2012 9:30pm
Quoting Davit
Sorry I just got ticked off how that person boldly claimed "I expect prices to move toward desired goals in the medium term"
By drawing some lines based on PAST
Wow he EXPECTS
Yeah I know, strong language I agree, and I am not and have never been in opposition to fundi traders, it may very well drop from here who knows, I'm just tired of hearing about all this. Tech systems can fall over of course, but the media is an ideal outlet to feed us bullshit, or at least leave things out that the smart money knows about, stuff we find out about 500-1000 pips later when our account is stuffed, So fundi intuition can fall over very easily also.
Come with me if you want to live....
  • #309,024
  • Apr 19, 2012 9:35pm Apr 19, 2012 9:35pm
Quoting iqyu5an
did u read carefully ?.
Yes I have and its unrealistic. I don't EXPECT anything but I do think given 2 options up or down ,down is more likely to happened in medium term!
For Cable to move 6100 or higher it needs EU to break 3200 and higher.Likelyhood of EU going 3200 or higher is slim.More likely scenario EU dropping to 3000 and drag cable with her.
In trading, you have to be defensive and aggressive at the same time
  • #309,025
  • Apr 19, 2012 9:40pm Apr 19, 2012 9:40pm
hmmm let's make apple to apple benchmarking ....about medium term

what time frame you work ?

what period frame you work ?

may i see your chart if u don't mind

Quoting Davit
Yes I have and its unrealistic. I don't EXPECT anything but I do think given 2 options up or down ,down is more likely to happened in medium term!
not euphoria follower
  • #309,026
  • Apr 19, 2012 9:46pm Apr 19, 2012 9:46pm
Quoting iqyu5an
hmmm let's make apple to apple benchmarking ....about medium term

what time frame you work ?

what period frame you work ?

may i see your chart if u don't mind
Medium term to me means a week a month most.
I trade daily and 1hr.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #309,027
  • Edited 10:07pm Apr 19, 2012 9:57pm | Edited 10:07pm
am working quarter

we can see that PA is trying to break ( already break it actually ) and stay above top q1 2012

weekly is running and daily we can see in our own chart

***
pvj423 is reposted chart ( sorry for re post )

Quoting Davit
Medium term to me means a week a month most.
I trade daily and 1hr.
Attached Image(s) (click to enlarge)
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not euphoria follower
  • #309,028
  • Apr 19, 2012 10:03pm Apr 19, 2012 10:03pm
Quoting TauTrader
True.

Both TA as well as Fundamentals have their place. Choose your weapon.

Simples.

Regards
now having said all that, my chart at home this morning showed that everything was out of wack, (similar to last year with UK's easing announcement that saw this thing collapse), so I am completely flat.
Come with me if you want to live....
  • #309,029
  • Apr 19, 2012 10:06pm Apr 19, 2012 10:06pm
Quoting Ill-b-back
now having said all that, my chart at home this morning showed that everything was out of wack, (similar to last year with UK's easing announcement that saw this thing collapse), so I am completely flat.
However, I am compelled to add that this is how the chart looked for nearly the whole bull run up from 5230 before we started consolidating, so I will follow PA which reflect sentiment.
Come with me if you want to live....
  • #309,030
  • Apr 19, 2012 10:10pm Apr 19, 2012 10:10pm
around that...maybe there will be profit taking efforts and risk taker for short will take on place a bit to close monthly candle


0.0001 cent


Quoting Ill-b-back
However, I am compelled to add that this is how the chart looked for nearly the whole bull run up from 5230 before we started consolidating, so I will follow PA which reflect sentiment.
not euphoria follower
  • #309,031
  • Apr 19, 2012 10:13pm Apr 19, 2012 10:13pm
TARGET FOR SELL
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  • #309,032
  • Apr 19, 2012 10:42pm Apr 19, 2012 10:42pm
Quoting iqyu5an
around that...maybe there will be profit taking efforts and risk taker for short will take on place a bit to close monthly candle


0.0001 cent
and i am the one of what you named risk taker.....peace.....

"Tanggung bro kalau mau hancur, biarin sekalian dah, aku resikokan tabungan profit ku selama dua minggu ngumpulin sedikit demi sedikit......"
  • #309,033
  • Apr 19, 2012 10:56pm Apr 19, 2012 10:56pm
Quoting iqyu5an
prediction is just prediction .... expectation is just expectation ... trading is another thing mate .........

business plan is just business plan, running the business is another thing also

just remember management........ : planning, organizing, actuating and controlling

"the bias" depends on time frame and period frame where we work .......

if someone said bull ... believe he/she has reason for bull

if someone said bear ...believe he/she has reason for bear

look at this and try look everything from helicopter cockpit ...
, it is nice....
  • #309,034
  • Apr 19, 2012 11:00pm Apr 19, 2012 11:00pm
hehehhehe

***

selama dah ente itung untung/rugi-nya... dalam business is ok ok aja bro. go ahead ... gak usah peduli ama kata orang...di sisi lain....kita juga jangan berusaha mempengaruhi orang untuk ngikutin kita .... peduli setan lah sama akun orang

Quoting Red Alert
and i am the one of what you named risk taker.....peace.....

"Tanggung bro kalau mau hancur, biarin sekalian dah, aku resikokan tabungan profit ku selama dua minggu ngumpulin sedikit demi sedikit......"
not euphoria follower
  • #309,035
  • Apr 19, 2012 11:13pm Apr 19, 2012 11:13pm
Look at my H-4 Chart, The bull is still in action.....we have upper and lower trendline, ATM cable at 61.8 fibo.. i expect cable will do usual bussiness bounced down for correction before moving up incase the bull remain strong....My target it touching lower trend line and that 's more than enough for me...the problem is, when cable will touch this lower 4H bull trend line....?...Nobody knows... break upper trendline mean CUT LOSS....no hesitate and no cry....
8 position here and 2 position on AU

Good luck everybody
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  • #309,036
  • Apr 19, 2012 11:14pm Apr 19, 2012 11:14pm
any1 see horizontal line from 2010 to 2012 ... and how the PA reacting on this horizontal line in 2012 ?
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not euphoria follower
  • #309,037
  • Apr 19, 2012 11:20pm Apr 19, 2012 11:20pm
and i am crazy too ....
Quoting Red Alert
Look at my H-4 Chart, The bull is still in action.....we have upper and lower trendline, ATM cable at 61.8 fibo.. i expect cable will do usual bussiness bounced down for correction before moving up incase the bull remain strong....My target it touching lower trend line and that 's more than enough for me...the problem is, when cable will touch this lower 4H bull trend line....?...Nobody knows... break upper trendline mean CUT LOSS....no hesitate and no cry....
8 position here and 2 position on AU

Good luck everybody
Attached Image
not euphoria follower
  • #309,038
  • Apr 19, 2012 11:20pm Apr 19, 2012 11:20pm
Quoting iqyu5an
hehehhehe

***

selama dah ente itung untung/rugi-nya... dalam business is ok ok aja bro. go ahead ... gak usah peduli ama kata orang...di sisi lain....kita juga jangan berusaha mempengaruhi orang untuk ngikutin kita .... peduli setan lah sama akun orang
The chart was posted bro....i don't want to influence other member...just to share...Just do what you want to do, trust your self because you have the profit and also losses

Regards
RA

*Setuju, urusan masing-masing lah.....disini sarana belajar......banyak trader pintar disini....tempat kita sharing.....
Bulan ini/depan IA saya ke bandung.....kopdar yuk...., nambah teman..."
  • #309,039
  • Apr 19, 2012 11:24pm Apr 19, 2012 11:24pm
Quoting iqyu5an
and i am crazy too ....
wow...it's great harvesting for you....

I named " PANEN RAYA",,,,,,,,congrats mate.....
  • #309,040
  • Apr 19, 2012 11:26pm Apr 19, 2012 11:26pm
hehehe....

about bandung trip aniway... let see later. just pm me first about schedulle

Quoting Red Alert
The chart was posted bro....i don't want to influence other member...just to share...Just do what you want to do, trust your self because you have the profit and also losses

Regards
RA

*Setuju, urusan masing-masing lah.....disini sarana belajar......banyak trader pintar disini....tempat kita sharing.....
Bulan ini/depan IA saya ke bandung.....kopdar yuk...., nambah teman..."
not euphoria follower
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