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Cable Update (GBPUSD)

  • #318,421
  • Jul 9, 2012 10:37am Jul 9, 2012 10:37am
ok now

H4 printed nothing more that 1.5680

but @ 1.5584 is flat KS + 1.5591 top cloud and 50% fibo ....meaning I'll eyeball that level for any drop.if it rejects then we go back to 1.5475-80

if we cross it and go above 1.5620 level then we're heading up

this is booring alright.....

I'm going for a swim.already cashed in 51 pips for today,and I have 10 pips more on a cad trade and the gold...+ what's left on GU....more than 1.2% profit today.
  • #318,422
  • Jul 9, 2012 10:51am Jul 9, 2012 10:51am
money:
Attached Image
  • #318,423
  • Jul 9, 2012 11:02am Jul 9, 2012 11:02am




#243



Patterns have an underlying mathematical structure.
  • #318,424
  • Jul 9, 2012 11:16am Jul 9, 2012 11:16am
Good day to you,

Do not want to stir too much too soon, but I have developed an indicator to attempt to pick tops. At this point, I am not able to duplicate it on bottoms.

Bottoms are far more complicated than tops. Fact.

I am however consulting with a MQL expert to see if the logic can be reversed to do the same for possible bottoms.

Do I get wrong signals? YES.( well - still profitabe if added to position) And this is good - as this indicates a true indicator. Does not repaint.But man - when it works-it works great.

The signals come far inbetween - maybe 2/3 per month.. on the 30min charts.

I put my reputation out there - it is the pink lines.... So I share a GBP/CHF entry. Idicator tells me short. Care to follow how it works out? Could fail - but could fly..

Regards
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  • #318,425
  • Jul 9, 2012 11:39am Jul 9, 2012 11:39am
Quoting TauTrader
Good day to you,

Do not want to stir too much too soon, but I have developed an indicator to attempt to pick tops. At this point, I am not able to duplicate it on bottoms.

Bottoms are far more complicated than tops. Fact.

I am however consulting with a MQL expert to see if the logic can be reversed to do the same for possible bottoms.

Do I get wrong signals? YES.( well - still profitabe if added to position) And this is good - as this indicates a true indicator. Does not repaint.But man - when it works-it works great.

The signals come...
1.5050 as a target for this short

good indi.it gets confirmed .
  • #318,426
  • Jul 9, 2012 11:43am Jul 9, 2012 11:43am
I'll short EU @1.2397-400 for some 200 pips with a SL just above 1.2500.
1.2473 should hold

on GU I'll wait for 1.5580 and 1.5680 before any thoughts
  • #318,427
  • Jul 9, 2012 12:04pm Jul 9, 2012 12:04pm
oh noooooooooo I can't belive it...BOE knew about Barclays ? Impossible

Bguem-remember what I said about Kansas City Shuffle ?

http://www.bloomberg.com/news/2012-0...f-england.html

I am a bit older,lived a full life and saw it many many times.travelled the world,lived under dicatorship and saw many times how corrupted govts go hand in hand with the sharks.
call it conspiracy,illuminati,freemasons or whatever....I call them thieves.

In a world where govts are elected on private investors money there will never be transparency.

everybody knew about Barclays.....it is just the bloody elections resurfacing the shit...the fight for power and the rest of the stuff.

as I said,Ossbourne is just a puppet...so do us

al we do now is look one side to the scandal and there they go.

this is why fundies suck
  • #318,428
  • Jul 9, 2012 12:26pm Jul 9, 2012 12:26pm
Quoting redbeben
1.5050 as a target for this short

good indi.it gets confirmed .
good day to you,

Thanks. It sometimes picks a perfect top. Others - if managed, profitable. One of the best leading indi's - if I may say so.

I'll post some GU charts for the past couple of months to show what this little bugger has indicated..

Hope it works out though.

Will see - time will tell

Regards
  • #318,429
  • Jul 9, 2012 12:35pm Jul 9, 2012 12:35pm
Good day,

Herewith GU charts for the past couple of months....

See the pink markers... does not repaint.

Regards
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  • #318,430
  • Jul 9, 2012 1:03pm Jul 9, 2012 1:03pm
Quoting redbeben
I'll short EU @1.2397-400 for some 200 pips with a SL just above 1.2500.
1.2473 should hold

on GU I'll wait for 1.5580 and 1.5680 before any thoughts

hmm H4 shows me 1.2658 as top on EU..but it will take some 6-7 trading days

same time span for GU top....if we go there.so far no confirmation
  • #318,431
  • Jul 9, 2012 1:37pm Jul 9, 2012 1:37pm
i am keeping my long open on GU until this breaches the support on 5Min chart
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  • #318,432
  • Jul 9, 2012 2:59pm Jul 9, 2012 2:59pm
Quoting Niranj
i am keeping my long open on GU until this breaches the support on 5Min chart
1.5540 next resistance level
  • #318,433
  • Jul 9, 2012 3:22pm Jul 9, 2012 3:22pm
Quoting Niranj
i am keeping my long open on GU until this breaches the support on 5Min chart
yep, if today close below 1.5538, im looking to hold my long from 1.5492 to 1.5661
  • #318,434
  • Jul 9, 2012 3:27pm Jul 9, 2012 3:27pm
Quoting PoundTrader
yep, if today close below 1.5538, im looking to hold my long from 1.5492 to 1.5661
hi
i am still learning, i can see there is resistance at 1.5540 on hourly ichi.
just curious why you want it to close below to keep your long open?
  • #318,435
  • Jul 9, 2012 3:57pm Jul 9, 2012 3:57pm
Good day my fellow traders.....

Well this is my first day back in the home office after a week at the beach with the family.......kind of a slow day for me as I had to tend to some legal issues so I was out of the office most of the day.......results were positive........hope the court issues will be positive also!!!!!!

Results.....
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I don't trust any move - when you have profit...take it.
  • #318,436
  • Jul 9, 2012 4:01pm Jul 9, 2012 4:01pm
Quoting Faller
Good day my fellow traders.....

Well this is my first day back in the home office after a week at the beach with the family.......kind of a slow day for me as I had to tend to some legal issues so I was out of the office most of the day.......results were positive........hope the court issues will be positive also!!!!!!

Results.....
well done but i bet today's profit is .00001% of your account lol
  • #318,437
  • Jul 9, 2012 4:12pm Jul 9, 2012 4:12pm
Quoting Niranj
hi
i am still learning, i can see there is resistance at 1.5540 on hourly ichi.
just curious why you want it to close below to keep your long open?
my system is base on price action, years of it and i made a living from it, i just go with the flow, lets see how it turns out BTW no charts trading been like that since 2005
  • #318,438
  • Jul 9, 2012 4:13pm Jul 9, 2012 4:13pm
Quoting PoundTrader
my system is base on price action, years of it and i made a living from it, i just go with the flow, lets see how it turns out BTW no charts trading been like like that since 2005
ok thanks
  • #318,439
  • Jul 9, 2012 4:15pm Jul 9, 2012 4:15pm
Quoting Niranj
ok thanks
don't use charts just a math system, has work for over 5yrs now, good luck to all
  • #318,440
  • Jul 9, 2012 5:25pm Jul 9, 2012 5:25pm
Quoting PoundTrader
yep, if today close below 1.5538, im looking to hold my long from 1.5492 to 1.5661
Damn, it IS true.
What have I been doing all my life
Come with me if you want to live....
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