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Cable Update (GBPUSD)

  • #316,781
  • Jun 19, 2012 11:31am Jun 19, 2012 11:31am
Can anyone confirm if that is a bearish divergence seen on H1 and M30?

Cheers
Fatgeeza
  • #316,782
  • Jun 19, 2012 11:44am Jun 19, 2012 11:44am
Quoting Fatgeeza
Can anyone confirm if that is a bearish divergence seen on H1 and M30?

Cheers
Fatgeeza
Good day to you,

No divergence for me yet. Depends on what you use to get your signal though.

For me, bearish divergence may be building on daily. It is obvious that I want to short the daily...

Could possibly happen on the 4hr too - but that is still a day away..

I think best to short from 1.5740-50

Off to bed - see tomorrow

regards
  • #316,783
  • Jun 19, 2012 12:22pm Jun 19, 2012 12:22pm
hmmm....summer is here...again dammit
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  • #316,784
  • Jun 19, 2012 12:29pm Jun 19, 2012 12:29pm
Quoting redbeben
hmmm....summer is here...again dammit
What is this?
Would you please explain that?
  • #316,785
  • Jun 19, 2012 12:40pm Jun 19, 2012 12:40pm
I am expecting a falling from gbpusd, but is usdx on freefall?
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  • #316,786
  • Jun 19, 2012 1:07pm Jun 19, 2012 1:07pm
Quoting aarash
What is this?
Would you please explain that?
fire caused by an asshole's Cigarette bud
{Promotion Removed}
  • #316,787
  • Jun 19, 2012 1:13pm Jun 19, 2012 1:13pm
Quoting forexpert310
fire caused by an asshole's Cigarette bud
Ops!
Thanks bud
  • #316,788
  • Jun 19, 2012 1:26pm Jun 19, 2012 1:26pm
Quoting forexpert310
fire caused by an asshole's Cigarette bud
to be honest I have no clue what started it.in this area there are at least 2-3 big fires during summer (on a 20 km radius) but this one was the first one involving animal and people rescue

3 helicopters and 2 airplanes + tens of firefigher trucks...

http://www.sotograndedigital.com/201...torreguadiaro/

the area will be fine till next year as the bushes here regenerate at warp speed.

it's damn hot already and this does nothing but to help the fires.

p.s. if you throw a ciggarette here from the car they take away 2 points of your driving licence
  • #316,789
  • Jun 19, 2012 2:36pm Jun 19, 2012 2:36pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
First higher high & higher low measured after GU found support beginning in June. "Generally" when the 141 FIB Extension holds, price will retrace more before reaching for the 161. Generally Speaking that is.

None the less, the fact that price moved 475 pips from A>D in two equal 335 pip legs within less than 5 pips difference between the two is also deliberate & significant. Make what you will of the analysis. My position is neither bullish or bearish. I only intend to use price as a leading indicator for entries & exits based on the high probability that the pair will continue to develop & respect FIB ratios in the future. These dynamic levels of support & resistance offer excellent Risk/Reward trading opportunities in both directions.

NY Close will ultimately tell whether these levels will hold or extend further to the 161 where confluence lies at the nice round number of 5800.

Also note June's 4Hour 161 expansion & today's 261 expansion fall within TWO pips of each other @ 5800.
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  • #316,790
  • Jun 19, 2012 2:46pm Jun 19, 2012 2:46pm
Quoting Faller
is this thread dead or what?

where is flatfish?
Hey brother where's your facebook?
I trade to live
  • #316,791
  • Jun 19, 2012 3:01pm Jun 19, 2012 3:01pm
Quoting eggs
First higher high & higher low measured after GU found support beginning in June. "Generally" when the 141 FIB Extension holds, price will retrace more before reaching for the 161. Generally Speaking that is.

None the less, the fact that price moved 475 pips from A>D in two equal 335 pip legs within less than 5 pips difference between the two is also deliberate & significant. Make what you will of the analysis. My position is neither bullish or bearish. I only intend to use price as a leading indicator for entries & exits based...
Eggs, you never disappoint cousin
Come with me if you want to live....
  • #316,792
  • Jun 19, 2012 3:02pm Jun 19, 2012 3:02pm
Quoting Faller
Too many aresholes in here.....the few of us that have contributed are just getting to the point of enough is enough......we cannot control the internet - so if you like it stay if you don't like it move on.....we always have a choice.

Regards,

Faller.
I trade to live
  • #316,793
  • Jun 19, 2012 3:04pm Jun 19, 2012 3:04pm
Quoting Ill-b-back
Eggs, you never disappoint cousin
Ahaa....You're here!!
I trade to live
  • #316,794
  • Jun 19, 2012 3:12pm Jun 19, 2012 3:12pm
Quoting UbuFamily
Ahaa....You're here!!
Hey Ubu, just starting to wake up, sneaking a look from the bed time to time.
Spending more time refining my system in my own thread until I know the method is legit and I know what I'm doing, before sending analysis anywhere else. How you been?? Where you been?
Come with me if you want to live....
  • #316,795
  • Jun 19, 2012 3:14pm Jun 19, 2012 3:14pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Ill-b-back
Eggs, you never disappoint cousin
  • #316,796
  • Jun 19, 2012 3:14pm Jun 19, 2012 3:14pm
Quoting UbuFamily
Ahaa....You're here!!
Dude, I read in the telegraph that the Greeks are forming a coalition, I didn't believe it at first cause the telegraph in Aust does not have a great reputation, but seems its true. Why would they do this do you know?? Anyone know??
Come with me if you want to live....
  • #316,797
  • Jun 19, 2012 3:19pm Jun 19, 2012 3:19pm
Quoting Ill-b-back
Hey Ubu, just starting to wake up, sneaking a look from the bed time to time.
Spending more time refining my system in my own thread until I know the method is legit and I know what I'm doing, before sending analysis anywhere else. How you been?? Where you been?
I just woke up too an hour ago just to sneak england vs ukraine currently..
I've been doing well and I no longer a scalper anymore...more to longer term trader...Sorry to been missing in action in FF but I'm kinda joining back this thread asap. How about Bguguen, A-speculator & Abdul halim? Are they still contributing?
I trade to live
  • #316,798
  • Jun 19, 2012 3:26pm Jun 19, 2012 3:26pm
Quoting Ill-b-back
Dude, I read in the telegraph that the Greeks are forming a coalition, I didn't believe it at first cause the telegraph in Aust does not have a great reputation, but seems its true. Why would they do this do you know?? Anyone know??
Not sure bro...just some politics...could be forming a second hitler..who knows...
I trade to live
  • #316,799
  • Jun 19, 2012 3:35pm Jun 19, 2012 3:35pm
Quoting UbuFamily
Not sure bro...just some politics...could be forming a second hitler..who knows...
He he yeah maybe they will fight fire with fire. Saw Fallers video yesterday, very funny.
We got some very good bullish momentum Friday and holding so far. I'm in at 5635.
Come with me if you want to live....
  • #316,800
  • Jun 19, 2012 3:48pm Jun 19, 2012 3:48pm
Quoting Ill-b-back
Dude, I read in the telegraph that the Greeks are forming a coalition, I didn't believe it at first cause the telegraph in Aust does not have a great reputation, but seems its true. Why would they do this do you know?? Anyone know??
It was the Herald Online, not the telegraph
Come with me if you want to live....
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