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Cable Update (GBPUSD)

  • #310,541
  • Apr 30, 2012 6:53am Apr 30, 2012 6:53am
Quoting Bones
Good Day to You

Thanks TT ,loved that thing you done for Nav the other day btw
Good day to you,sir

Heh - just messing with the Nav.

See you in the trenches

Warm regards
  • #310,542
  • Apr 30, 2012 6:53am Apr 30, 2012 6:53am
Potentially some strong hidden bullish divergence in play. At this stage still looking to buy dips off 2 Donchian levels with PA Congestion, lets see what tomorrow looks like.
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Come with me if you want to live....
  • #310,543
  • Apr 30, 2012 6:55am Apr 30, 2012 6:55am
Good day,

Another 20 or 30 to the downside would be awesome. Just saying...

Price now 1.62566

Regards
  • #310,544
  • Apr 30, 2012 7:01am Apr 30, 2012 7:01am
Break break !!



Quoting Bones
May be ,I had gap already closed ,lets see ,pivot held for min
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,545
  • Apr 30, 2012 7:03am Apr 30, 2012 7:03am
Haha I know


Quoting TauTrader
Good day to you,sir

Heh - just messing with the Nav.

See you in the trenches

Warm regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,546
  • Apr 30, 2012 7:29am Apr 30, 2012 7:29am
Quoting Bones
Haha I know
based on what im seeing i think we might see a reversal on weekly..i hope so anyway..

thanks faller ..i had wondered
  • #310,547
  • Apr 30, 2012 7:33am Apr 30, 2012 7:33am
i feel so lucky i took short from 62833

tomorrow there might be a reversal but now it's USD time
  • #310,548
  • Apr 30, 2012 7:35am Apr 30, 2012 7:35am
Quoting nAVIN2007
based on what im seeing i think we might see a reversal on weekly..i hope so anyway..

thanks faller ..i had wondered

Hey nAVIN - what did you wonder? Sorry I have been up for 30 hours....so my brain is not working very well.......
I don't trust any move - when you have profit...take it.
  • #310,549
  • Apr 30, 2012 7:35am Apr 30, 2012 7:35am
Good day to you,

The trap is playing out. But, movement at these levels can be weird - so expect the unexpected. Levels to watch ( although I seriously doubt that we will test these first time round - too easy)

All success

Regards
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  • #310,550
  • Edited 7:47am Apr 30, 2012 7:35am | Edited 7:47am
Quoting rsg10z
i feel so lucky i took short from 62833

tomorrow there might be a reversal but now it's USD time

i dont think so..long wick on the downside..body of candles quite small..all i know she fall with purpose and rises bloody slow..

and if tony is bearish believe me..u need to take notice

also range movement is quite poor..means not moving much, very easy to get reversal
  • #310,551
  • Apr 30, 2012 7:47am Apr 30, 2012 7:47am
If monthly close lower than 1.617, 38% on monthly didn't broke...
Am I wrong?
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  • #310,552
  • Apr 30, 2012 7:54am Apr 30, 2012 7:54am
Quoting aarash
If monthly close lower than 1.617, 38% on monthly didn't broke...
Am I wrong?

not sure whats the importance of those numbers..u wanna explain?
  • #310,553
  • Apr 30, 2012 7:56am Apr 30, 2012 7:56am
Quoting Faller
Hey nAVIN - what did you wonder? Sorry I have been up for 30 hours....so my brain is not working very well.......

if i lost the plot thinking this mofo might have been a trap..
  • #310,554
  • Apr 30, 2012 7:58am Apr 30, 2012 7:58am
Quoting nAVIN2007
not sure whats the importance of those numbers..u wanna explain?
Hey Nav, do you really think she dropped with purpose? We've covered some good pops down but I thought PA on the way down was not too convincing of a reversal. Lots of relatively short 15 min candles with some buying action involved. I'm off to bed, leaving until tomorrow, NY will give some clues I suppose.
Come with me if you want to live....
  • #310,555
  • Apr 30, 2012 8:01am Apr 30, 2012 8:01am
Quoting Ill-b-back
Hey Nav, do you really think she dropped with purpose? We've covered some good pops down but I thought PA on the way down was not too convincing of a reversal. Lots of relatively short 15 min candles with some buying action involved. I'm off to bed, leaving until tomorrow, NY will give some clues I suppose.

well its where she reacted..and how she reacted..first to break above the fall below ..i think its certainly a possibility ..looking for 1.6 area potentially..
1.5 could happen that be great for me to build the long.lol
  • #310,556
  • Apr 30, 2012 8:07am Apr 30, 2012 8:07am
Quoting nAVIN2007
well its where she reacted..and how she reacted..first to break above the fall below ..i think its certainly a possibility ..looking for 1.6 area potentially
Yeah got the bull trap, I guess I thought a reversal would see less resistance. It is shaped as a reversal but confusing PA. Seems no one wants the dollar. I hate it when you make me think bro, I never do well in forex when I think goodnight brother.
Come with me if you want to live....
  • #310,557
  • Apr 30, 2012 8:08am Apr 30, 2012 8:08am
Quoting TauTrader
Good day to you,

The trap is playing out. But, movement at these levels can be weird - so expect the unexpected. Levels to watch ( although I seriously doubt that we will test these first time round - too easy)

All success

Regards
Good day to you,

Dropping from here will be indicative of how price was screwed higher. Dropping from here would be too easy... I'm looking for a signal on 30min to seal the deal. Thus far - nothing. Until then, caution.

Regards
  • #310,558
  • Apr 30, 2012 8:09am Apr 30, 2012 8:09am
Quoting TauTrader
Good day to you,

Dropping from here will be indicative of how price was screwed higher. Dropping from here would be too easy... I'm looking for a signal on 30min to seal the deal. Thus far - nothing. Until then, caution.

Regards
95% of traders are short on this, 5% long: go figure.
Probability Professor
  • #310,559
  • Apr 30, 2012 8:12am Apr 30, 2012 8:12am
sorry for delay ,
Break ?

Quoting Bones
Break break !!
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,560
  • Apr 30, 2012 8:13am Apr 30, 2012 8:13am
Quoting aarash
If monthly close lower than 1.617, 38% on monthly didn't broke...
Am I wrong?
38% fib on monthly candles is about 617x
if this month candle close below this level, this level didn't broke!
and maybe we see some bearish candle on monthly...
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