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Cable Update (GBPUSD)

  • #310,681
  • May 1, 2012 3:34am May 1, 2012 3:34am
dont bother with strats cloudy thingy me jig or private forum ,haha
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,682
  • May 1, 2012 3:35am May 1, 2012 3:35am
Quoting TauTrader
Good day to you, sir

Enjoying your charts. thank you for taking the time.

I respectfully want to disagree. In fact, 5 min and 15 min charts can be exceptional tools for early indication of coming PA.

I guess it depends on your trading style. If one scalps for 10, 20 or 30. (I believe this fits me better personally). But agree that with your style of trading, longer timeframes fit better.

Thank you again for the charts. Good information there.

Regards
yo mr T

my view on it is..inorder to look at the smaller time frames and get good information i think u need to know whats happening in the big time scales..

u are a descent trader with great trading knowledge..which is why u have this view..it can be a excellent signal indicator to get in early

but for someone learning about trading simply looking at small time frames u will feel it..

keep em coming mr T
  • #310,683
  • May 1, 2012 3:37am May 1, 2012 3:37am
Quoting PoundTrader
i have a short at 1.6285 with a t/p at 1.6175
change t/p to 1.6170
  • #310,684
  • May 1, 2012 3:40am May 1, 2012 3:40am
should be working Nav ,business to run ,4 children to feed ,woman to find ,much to do lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,685
  • May 1, 2012 3:42am May 1, 2012 3:42am
Quoting Bones
should be working Nav ,business to run ,4 children to feed ,woman to find ,much to do lol

u are working

work them pips
  • #310,686
  • May 1, 2012 3:42am May 1, 2012 3:42am
I dont watch the news ,but im thinking it was red


Quoting Bones
= Bearish
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,687
  • May 1, 2012 3:42am May 1, 2012 3:42am
Quoting nAVIN2007
u are working
navin are you still long or did you finaly get out
  • #310,688
  • May 1, 2012 3:43am May 1, 2012 3:43am
oh yea lmao


Quoting nAVIN2007
u are working

work them pips
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,689
  • May 1, 2012 3:44am May 1, 2012 3:44am
Quoting PoundTrader
change t/p to 1.6170
same i have TP at 6175, excepting a bounce there back up to 1.62 and looking to get short somewhere around there again
  • #310,690
  • May 1, 2012 3:44am May 1, 2012 3:44am
Quoting Bones
I dont watch the news ,but im thinking it was red

yesterday on dailly..is that a dark cloud cover, that formation pretty much told me we heading down
  • #310,691
  • May 1, 2012 3:44am May 1, 2012 3:44am
5 fib cluster down to 6187 as price tests lower on back of reaction to Uk Pmi data which @ 50.5 is below forecasts. (includes some of the fibs plotted of the minor 4hr swings)

1hr below doesn't show these.

G/L
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ex member
  • #310,692
  • May 1, 2012 3:46am May 1, 2012 3:46am
Quoting PoundTrader
navin are you still long or did you finaly get out

yes but i also sell looking for a tank or a dip to 1.6
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  • #310,693
  • May 1, 2012 3:46am May 1, 2012 3:46am
http://uptow.net/Sh2
Weekly
  • #310,694
  • May 1, 2012 3:46am May 1, 2012 3:46am
Quoting nAVIN2007
yes but i also sell looking for a tank or a dip to 1.6
oh, hey, together
  • #310,695
  • May 1, 2012 3:47am May 1, 2012 3:47am
With breaks 6206 price range goes to next 6153 & breaks to 6121, further if then limit levels 6062 & near final limit level 5984.
so towards next breaks or bounce ( at & above with crazy continues ) 6153. as seen in eu there lies more chances break up for more correction & if so then gu also from at any level mentioned preferably 6121 to above 6062.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #310,696
  • May 1, 2012 3:49am May 1, 2012 3:49am
Well its all subjective if it is not that powerful ? I called it harami ignoring the wick ,but really I don't think it matters ,a change was seen simples

Ideally close below 50% down of bullish candle for dark cloud the lower the better ,I'm still thinking thats not the top Nav ,


Quoting nAVIN2007
yesterday on dailly..is that a dark cloud cover, that formation pretty much told me we heading down
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,697
  • May 1, 2012 3:49am May 1, 2012 3:49am
Quoting Bones
Good morning TT ,without out doubt your a nice person !! I have no prob with that ,I'm just trying to show whats possible here

I'm not being clever lol
Quote
my view on it is..inorder to look at the smaller time frames and get good information i think u need to know whats happening in the big time scales..

Gentlemen,

I fully agree with both of you. Keep on showing charts! I believe longer timeframes are " better" to base decisions on - purely because correct analysis will reward you better. One has more "time" to purely think things through and should things change, again - you have "time".

Risk / reward goes with the territory...

I battle to sit on my hands and I am normally "early". That is my weakness. I therefor prefer action. ( oh - and I sometimes post after a few drinks and become a pain-in-the-butt)..

All success!

Regards
  • #310,698
  • May 1, 2012 3:50am May 1, 2012 3:50am
Quoting Bones
oh yea lmao

it looks like trading for u bro, is now going to reward u 100 fold for yur persistence

well done for sticking to it
  • #310,699
  • May 1, 2012 3:54am May 1, 2012 3:54am
50% 6077 (average of 6074 and 6080 swings) - 6300, and 38.2% 6007-6300 at the exact current daily lo-post data.

G/L
ex member
  • #310,700
  • May 1, 2012 3:59am May 1, 2012 3:59am
Eur frustrates me lol since I am mainly short eur watching daily



Quoting fontu
With breaks 6206 price range goes to next 6153 & breaks to 6121, further if then limit levels 6062 & near final limit level 5984.
so towards next breaks or bounce ( at & above with crazy continues ) 6153. as seen in eu there lies more chances break up for more correction & if so then gu also from at any level mentioned preferably 6121 to above 6062.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx d1 1 -5 no 10.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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