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Cable Update (GBPUSD)

  • #322,241
  • Aug 22, 2012 2:01am Aug 22, 2012 2:01am
can some one post please bearish chart ? i love to see a alternative view
Mohan
  • #322,242
  • Aug 22, 2012 2:02am Aug 22, 2012 2:02am
I can't Help myself Guy's,

My Fav' Video...

http://www.youtube.com/watch?v=4Fqg43ozz7A

-Yeah, Right @the London Open,
I know... Sorry to Distract, but enjoy, stick around,
Let the wave's come & let the Market show us
where she want's to go,
Best of pipping again Gang,

Jeff
I will work to Objectively Identify my Edges
  • #322,243
  • Aug 22, 2012 2:02am Aug 22, 2012 2:02am
Quoting bguguen
btw nav i took that aggressive trade i was talking about earlier... that one where TP at 1.5700 and 5650 with SL at previous high at 1.5805
Entered at 1.5780
yes i see this..remember what i said and look what it is doing, for short to have any change this support at yur entery pretty much needs to go otherwise its a platform to go up..

monthly bullish..
weekly bullish
dailly bullish

euro bullish
gold bullish

i would say unless yesterday PA was a red herring..we going higher
  • #322,244
  • Aug 22, 2012 2:05am Aug 22, 2012 2:05am
Quoting gavalar
I dunno, my son who is a builder tells people that I'm just a button basher.

he potentially correct unless u making money


then u a rich button basher
  • #322,245
  • Aug 22, 2012 2:14am Aug 22, 2012 2:14am
Quoting nAVIN2007
yes i see this..remember what i said and look what it is doing, for short to have any change this support at yur entery pretty much needs to go otherwise its a platform to go up..

monthly bullish..
weekly bullish
dailly bullish

euro bullish
gold bullish

i would say unless yesterday PA was a red herring..we going higher
hmmm the fact that monthly bullish, weekly bullish daily bullish is giving me a red flag.... need to watch out when everything seem bullish, only a matter of time a big bear comes hitting hard...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #322,246
  • Aug 22, 2012 2:20am Aug 22, 2012 2:20am
Quoting mohan76
can some one post please bearish chart ? i love to see a alternative view
Attached Image (click to enlarge)
Click to Enlarge Name: gu_4h.jpg Size: 226 KB
Ghost Rider - WWTBMD?
  • #322,247
  • Aug 22, 2012 2:22am Aug 22, 2012 2:22am
Quoting bguguen
hmmm the fact that monthly bullish, weekly bullish daily bullish is giving me a red flag.... need to watch out when everything seem bullish, only a matter of time a big bear comes hitting hard...

well..we broke the high of the previous monthly..if bulls cant take control after this..im stuffed

the probability of a new high is higher to play out than a new dailly low..bloody forex is sure to do one thing - that is surprise u!!
  • #322,248
  • Aug 22, 2012 2:22am Aug 22, 2012 2:22am
Quoting albchr
lol, i was seriously reading your chart ,took few sec. to realize

Edit: thanks for the chart , i have re draw my trend on my trend pa above trend
Mohan
  • #322,249
  • Aug 22, 2012 2:23am Aug 22, 2012 2:23am
Quoting albchr
Now that did take me a few minutes to work out. Thought all the numbers were in Russian or something
  • #322,250
  • Aug 22, 2012 2:23am Aug 22, 2012 2:23am
Quoting albchr

i was like what language is this brother using to read chart

Quoting gavalar
Now that did take me a few minutes to work out. Thought all the numbers were in Russian or something
  • #322,251
  • Aug 22, 2012 2:28am Aug 22, 2012 2:28am
Quoting nAVIN2007
well..we broke the high of the previous monthly..if bulls cant take control after this..im stuffed

the probability of a new high is higher to play out than a new dailly low..bloody forex is sure to do one thing - that is surprise u!!
Yep but again looking at H4, HH may be and I repeat may be top of hill for now and small retrace sideways move back to supporting TL (1.572 - 4) to regain momentum for next hh. Who knows?
  • #322,252
  • Aug 22, 2012 2:33am Aug 22, 2012 2:33am
Quoting mohan76
lol, i was seriously reading your chart ,took few sec. to realize

Edit: thanks for the chart , i have re draw my trend on my trend pa above trend
.... Just couldn't resist.

But that's the only way I can see GU as bearish ATM... :nerd:
Ghost Rider - WWTBMD?
  • #322,253
  • Aug 22, 2012 2:36am Aug 22, 2012 2:36am
Quoting albchr
.... Just couldn't resist.

But that's the only way I can see GU as bearish ATM... :nerd:
Great Job Chris,

Hope all's well,

Jeff
I will work to Objectively Identify my Edges
  • #322,254
  • Aug 22, 2012 2:40am Aug 22, 2012 2:40am
Quoting gavalar
Yep but again looking at H4, HH may be and I repeat may be top of hill for now and small retrace sideways move back to supporting TL (1.572 - 4) to regain momentum for next hh. Who knows?
yes
  • #322,255
  • Aug 22, 2012 2:41am Aug 22, 2012 2:41am
Quoting TerpFan2
Great Job Chris,

Hope all's well,

Jeff
JEFF!!

Good to see you bro! How are ya?

All is....what it is....we make it well or not.
Ghost Rider - WWTBMD?
  • #322,256
  • Aug 22, 2012 2:44am Aug 22, 2012 2:44am
How about this? Its on a down trend with a rising wedge/ascending triangle, hitting fib levels, might bounce on the 200 SMA and its almost overbought.

Is that bearish enough for you?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 22 August 2012.png Size: 88 KB
A 1 pip gain is better than a 1 pip loss.
  • #322,257
  • Aug 22, 2012 2:45am Aug 22, 2012 2:45am
Quoting albchr
Come with me if you want to live....
  • #322,258
  • Aug 22, 2012 2:47am Aug 22, 2012 2:47am
GBPUSD going up? will it create higher highs? thats why i got SL on my short...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #322,259
  • Aug 22, 2012 2:47am Aug 22, 2012 2:47am
Quoting gavalar
Yep but again looking at H4, HH may be and I repeat may be top of hill for now and small retrace sideways move back to supporting TL (1.572 - 4) to regain momentum for next hh. Who knows?
I tend to agree. Looking at daily (translated from Russian), a test of the UTL
(5730ish) is on order.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_daily.gif Size: 27 KB
Ghost Rider - WWTBMD?
  • #322,260
  • Aug 22, 2012 2:47am Aug 22, 2012 2:47am
Great Buddy,

Still working the Chain Gang fixin wire's,
and Fiber "Stuff" w/one of the Wireless Carrier's...
And Living in the "Barri-O" down here in MD.

'Took several month's off, and then came back & 'pop
in & out now when 'can here...
'Got super into Elliot Wave, and -that to me, is the
Edge's i try to Focus on...

I used to hate 'NY session & only like London,
but now i see it's the Wave's & "How They Roll in/out",
that matter's... (Along w/the Fib's, Retracements & "Such").

'Will chat more,
Great to hear from you... 'Was up your way (Kinda, -i guess?,
From Down here in MD)...
to Limerick/Schewenksville, PA for Daughter's Camp,
Have a Great One Chris,


Jeff ...
I will work to Objectively Identify my Edges
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