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Cable Update (GBPUSD)

  • #316,261
  • Jun 13, 2012 4:33pm Jun 13, 2012 4:33pm
Quoting Ill-b-back
Got to within 1.5 pips of my 5999 target while at work, then *^%#
Then missed the trend break while in bed
Correction :5599
Come with me if you want to live....
  • #316,262
  • Jun 13, 2012 4:34pm Jun 13, 2012 4:34pm
good job ,the secret mathematician lol

we are on rising tl ,did you see the approach tho ,bye bye tl in next h4

Quoting PoundTrader
yep, now she's back in a mini downtrend again, look like she wanna hit 1.5411, im taking my $2,300 for the week and halling ass, good luck to all
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,263
  • Jun 13, 2012 4:37pm Jun 13, 2012 4:37pm
nightmare then ,yes best left after loss ,true


Quoting Ill-b-back
You wouldn't believe it, I'm now back at work
I'm leaving it alone. Will wait for bulls or bears to align on daily and weekly.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,264
  • Jun 13, 2012 4:44pm Jun 13, 2012 4:44pm
Quoting Bones
good job ,the secret mathematician lol

we are on rising tl ,did you see the approach tho ,bye bye tl in next h4
He don't see or use lines, only numbers, he's a mathematician not an architect
Come with me if you want to live....
  • #316,265
  • Jun 13, 2012 5:02pm Jun 13, 2012 5:02pm
i think i`ll go long from 1.5491-1.5495
  • #316,266
  • Jun 13, 2012 5:08pm Jun 13, 2012 5:08pm
going long from here i.e 1.5508.
triangle pattern is formed with trend line going at 1.55.
so good point to go long from here.

first target 1.5580.
  • #316,267
  • Jun 13, 2012 5:26pm Jun 13, 2012 5:26pm
I'm not sure if I'm being optimistic or what, but I feel this will be the day we get above 1.5600. The 4 hour is showing a rising triangle, and I feel if we get back up above 1.5545, I'm sure there will be more than enough momentum to push us above the resistance. How many more times can the bears defend that resistance? The gap that formed during the opening of the week has served as the perfect support. Does anyone else see this, or like I say am I just being optimistic?
  • #316,268
  • Jun 13, 2012 5:33pm Jun 13, 2012 5:33pm
http://www.forexfactory.com/attachme...1&d=1339493484
Quoting iqyu5an
failed to follow BAMM coz we have new low then UP again... some broker show 4H like this.

so 5500 ish not become B level but again ... A level. if this (A) ... broken ... we will see C area as bearish shark formation

OMG ... my target is 5524/25 but top of the day in my broker is 5522 ...

yea this is f*ck**g forex ...

*** different broker different 4H and we're still in the gap
Attached Image (click to enlarge)
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not euphoria follower
  • #316,269
  • Jun 13, 2012 5:34pm Jun 13, 2012 5:34pm
Quoting josh1125
I'm not sure if I'm being optimistic or what, but I feel this will be the day we get above 1.5600. The 4 hour is showing a rising triangle, and I feel if we get back up above 1.5545, I'm sure there will be more than enough momentum to push us above the resistance. How many more times can the bears defend that resistance? The gap that formed during the opening of the week has served as the perfect support. Does anyone else see this, or like I say am I just being optimistic?
even i got the same feelings. it will push behind the 1.56 resistance level. once it breaks it, it will go above n above from there
  • #316,270
  • Jun 13, 2012 5:51pm Jun 13, 2012 5:51pm
.
Attached Image (click to enlarge)
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not euphoria follower
  • #316,271
  • Jun 13, 2012 6:06pm Jun 13, 2012 6:06pm
it's an interesting pattern everytime i see it. although im unable to spot it on my own. this is a one minutes chart. how reliable is the pattern and what does it generally say about future price action.
  • #316,272
  • Jun 13, 2012 6:44pm Jun 13, 2012 6:44pm
Quoting josh1125
I'm not sure if I'm being optimistic or what, but I feel this will be the day we get above 1.5600. The 4 hour is showing a rising triangle, and I feel if we get back up above 1.5545, I'm sure there will be more than enough momentum to push us above the resistance. How many more times can the bears defend that resistance? The gap that formed during the opening of the week has served as the perfect support. Does anyone else see this, or like I say am I just being optimistic?
I do.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,273
  • Jun 13, 2012 6:56pm Jun 13, 2012 6:56pm
I guess I probably should have posted a chart explaining what I see.
Attached Image (click to enlarge)
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  • #316,274
  • Jun 13, 2012 7:13pm Jun 13, 2012 7:13pm
i make alot of trades in this zone. and alot of losing trades. maybe i'll stop making this trade.
Attached Image (click to enlarge)
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  • #316,275
  • Jun 13, 2012 8:12pm Jun 13, 2012 8:12pm
Quoting sdcasper
i make alot of trades in this zone. and alot of losing trades. maybe i'll stop making this trade.
May be just a little time offset, but I think price might get lower, I see the same trend, although the trendline drawn by josh1125 could represent a short term support, I'd exit by the touch of the Bollinger Band by half the position or a close above the SMA(5) of the highs...

http://3.bp.blogspot.com/-E3575snkS2...06-13+-+01.gif
  • #316,276
  • Jun 13, 2012 9:27pm Jun 13, 2012 9:27pm
bad entry i think, risking small here..
targeting DPP.
Attached Image (click to enlarge)
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  • #316,277
  • Jun 13, 2012 10:05pm Jun 13, 2012 10:05pm
h1 & h4

already closed one position for 50 pips and let 2 position running ...SL at BEP
Quoting iqyu5an
http://www.forexfactory.com/attachme...1&d=1339493484
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: pvj482.gif Size: 14 KB
not euphoria follower
  • #316,278
  • Jun 13, 2012 10:17pm Jun 13, 2012 10:17pm
eyes in Echf today guys.
apparently, the SNB removed algos that were mirroring EU-UCH.

good luck.
90% of traders use TA, indicators and prediction
  • #316,279
  • Jun 13, 2012 10:29pm Jun 13, 2012 10:29pm
Quoting josh1125
I guess I probably should have posted a chart explaining what I see.
Crystal clear brotha. I got the same thing on my charts. also, the upper resistance line of the triangle is pretty significant as it also coincides with previous swing lows that are now resistance. And our lower line has held as support so many times in the past and now we have two bullish bars sitting above TL on a 4h. Come on, show me the money here.
All posts are my personal opinion
  • #316,280
  • Jun 13, 2012 10:33pm Jun 13, 2012 10:33pm
dude... how r u ?
Quoting _BBKing_
eyes in Echf today guys.
apparently, the SNB removed algos that were mirroring EU-UCH.

good luck.
not euphoria follower
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