Cable Update (GBPUSD)
p.s. I sold @ 1.5704 @ 1 lot
TP 1.5620
Hi there Mr Tau
here it is the daily chart I was talking about yesterday.
Price has to pierce the R in the weakest point..and that one is the thin cloud.It happens all the time
as soon as we break that one we go to 1.5963 and last stop above cloud is 1.6240
to the thin cloud we have 9 trading days...which may be down to the trendline ( this is why I load longs @ 1.5600-5610 and below @ 1.5570 with a SL @ 1.5470-60
long from 1.5689 TP 1.5740 :nerd:
i hope we go over daily pivot 1.5718 now.. then its all good
nein nein nein nein(hitler's nervous image)
I will reload shorts @ 1.5750 and 1.5790
still same TP
you are already 10 pips away from your target
hi buddy u have a a very interesting way to analyse chart it almost mike u visualize a pattern in the head and then act in order, what necessary for it to play out..i quite like the idea as apposed to act when it hits a vital area
only thing that makes me think otherwise is...weekly chart if it drop today tomorrow should a a bear..mean much lower prospect to the down side, as the bullish move will be at a hault
hi buddy u have a a very interesting way to analyse chart it almost mike u visualize a pattern in the head and then act in order, what necessary for it to play out..i quite like the idea as apposed to act when it hits a vital area
only thing that makes me think otherwise is...weekly chart if it drop today tomorrow should a a bear..mean much lower prospect to the down side, as the bullish move will be at a hault
hi there Nav,
just trying to give you hope =))
for the long...well,I can give you full description via email on how to read this kind of charts and what to use and when to use.
tip-look at USD CAD and USD CHF daily charts
USD CAD -I expect the 1.0125 min to be touched then 1.0050 where price should stop.if we breach that one we go 0.9957 as a min then 0.9800.....but I expect the 1.0050 to hold for now
usd chf..same thing.
GU is same chart on daily but opposite direction
told you,if you are interested I can send you more about it.
I...
No way, Nav, we heading higher after a drop, look at 4 hr, lots of consolidation, moving higher, higher, after the drop.
I reckon we can get to 63 again
We break above that 50 fibo, and it's on man
BREAK, BREAK,
NO RETRACE,
NO,
NO WAY
LOL
Sorry Bones, just having some fun
(just playing hehe)
connect the lows on the weekly..u have a trendline
keep it simple
