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Cable Update (GBPUSD)

  • #316,081
  • Jun 12, 2012 5:28am Jun 12, 2012 5:28am
this H4 has 32 min to get back under 2.6365


Quoting Bones
If that H4 closes bearish I do believe I have line I can trust
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,082
  • Jun 12, 2012 5:33am Jun 12, 2012 5:33am
Hi TT yes completely subjective

But pretty I'm sure all see that

,no time no day price is price ,
also all have different times yes ,but patterns candle s ,they print in many ways to give signals




Quoting TauTrader
Good day to you, sir

I have gotten to "know" you here, and I understand that you are a man of few words... but I do want to ask you this. Different brokers. Different traders. Different charts?

If one was to trade candle patterns - would this not be subjective? 4hr bars could close at different times for different people. So formations may differ. 2 people may see the same 4hr bar as a totally different candle in terms of what it represents.

Would there be a standard time to correlate to? London open perhaps?

What is your view on this?...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,083
  • Jun 12, 2012 5:36am Jun 12, 2012 5:36am
read the story of candle to say real ,no real

Quoting Bones
Hi TT yes completely subjective

But pretty I'm sure all see that

,no time no day price is price ,
also all have different times yes ,but patterns candle s ,they print in many ways to give signals
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,084
  • Jun 12, 2012 6:04am Jun 12, 2012 6:04am
Good day to you,

closed shorts.

Moving to EU for a long.

Regards
Attached Image (click to enlarge)
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  • #316,085
  • Jun 12, 2012 6:42am Jun 12, 2012 6:42am
2 touches !!

markets ready


Quoting Bones
this H4 has 32 min to get back under 2.6365
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Click to Enlarge Name: gbbp lfx hf final cut 2 touch.gif Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,086
  • Jun 12, 2012 6:43am Jun 12, 2012 6:43am
Good day to you,

Beautiful divergence play on 15 min.

Wham!
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  • #316,087
  • Jun 12, 2012 7:02am Jun 12, 2012 7:02am
Hi again

long damn trade

opened another short @ 1.5549 closed half after 20 pips rest @ BE

I'll trail all to 1.5480 and lower if we go 1.5469-72
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  • #316,088
  • Jun 12, 2012 7:04am Jun 12, 2012 7:04am
ready
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,089
  • Jun 12, 2012 7:08am Jun 12, 2012 7:08am
gold false false
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,090
  • Jun 12, 2012 7:14am Jun 12, 2012 7:14am
Quoting TauTrader
Good day to you,

Beautiful divergence play on 15 min.

Wham!
Time to think of closing those last scalps. Still a mother of a bull coming...

Probably 30 minutes to close these shorts. Then sideline to look for long.

Regards
  • #316,091
  • Jun 12, 2012 7:20am Jun 12, 2012 7:20am
See you ,


good luck all.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,092
  • Jun 12, 2012 7:21am Jun 12, 2012 7:21am
closed 90% of GU short
rest @ BE + 20

opened a long EU @ 1.2459 TP 1.2525 and 1.2590
This one is a small position as it is tricky

buyers @ 1.2450 level 1.2430 and 1.2400 bigger ones.
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  • #316,093
  • Jun 12, 2012 7:23am Jun 12, 2012 7:23am
for GU no long till we hit the trendline down there @ 1.5469-72 ..there I might consider going north
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  • #316,094
  • Jun 12, 2012 7:24am Jun 12, 2012 7:24am
Quoting redbeben
closed 90% of GU short
rest @ BE + 20

opened a long EU @ 1.2459 TP 1.2525 and 1.2590
This one is a small position as it is tricky

buyers @ 1.2450 level 1.2430 and 1.2400 bigger ones.
Hehe,

Opened EU long @ 1.2444... also small position. 50% of normal.

Good luck!

Regards
  • #316,095
  • Jun 12, 2012 7:43am Jun 12, 2012 7:43am
Quoting TauTrader
Hehe,

Opened EU long @ 1.2444... also small position. 50% of normal.

Good luck!

Regards
Hi there,

good luck with it as if it drops under 1.2430 we see 1.2400 as next load area and max drop would be 1.2330 ....as it looks on the chart

I'll just keep a tight SL on this one and probably close it close to 1.2480-85 area and reload lower .....it appears to be a long fall for EU if we start again going south from 1.2480 area
  • #316,096
  • Jun 12, 2012 7:48am Jun 12, 2012 7:48am
pound is trying to end the week around 1.5800, if it cross 1.5636 we have a strong chance.
  • #316,097
  • Jun 12, 2012 7:53am Jun 12, 2012 7:53am
Quoting redbeben
Hi there,

good luck with it as if it drops under 1.2430 we see 1.2400 as next load area and max drop would be 1.2330 ....as it looks on the chart

I'll just keep a tight SL on this one and probably close it close to 1.2480-85 area and reload lower .....it appears to be a long fall for EU if we start again going south from 1.2480 area
Good day to you,

Agree with your analysis. For me, the area where this last dip on EU took place - may indicate an eventual sustained move north. But this is just my way of looking...

Have been wrong many times - it is part of life.

Will keep an eye out and act accordingly.

All the best
  • #316,098
  • Jun 12, 2012 8:00am Jun 12, 2012 8:00am
Quoting PoundTrader
pound is trying to end the week around 1.5800, if it cross 1.5636 we have a strong chance.
good day,

Talking my language...

Some day - you need to post a little chart... Would like to understand your thinking...

All success

Regards
  • #316,099
  • Jun 12, 2012 8:07am Jun 12, 2012 8:07am
Quoting TauTrader
Hehe,

Opened EU long @ 1.2444... also small position. 50% of normal.

Good luck!

Regards
Closed EU longs...

Regards
  • #316,100
  • Jun 12, 2012 8:12am Jun 12, 2012 8:12am
Quoting TauTrader
good day,

Talking my language...

Some day - you need to post a little chart... Would like to understand your thinking...

All success

Regards
you know i dont use charts , everything is math caculations
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