my main H4 chart
"Mind games" don't help LOL...
Keep an eye out for PA at 58 and 5820.
Cheers mate
Come with me if you want to live....
Cable Update (GBPUSD)
- #323,121
- Aug 30, 2012 8:39pm Aug 30, 2012 8:39pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
"Mind games" don't help LOL...
Keep an eye out for PA at 58 and 5820.
Cheers mate
- #323,122
- Aug 30, 2012 8:42pm Aug 30, 2012 8:42pm
- | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
I find daytrading tricky bro, my hat off to you for doing it
"Mind games" don't help LOL...
Keep an eye out for PA at 58 and 5820.
Cheers mate
im with you bro, the shift to longer term trades is upon us. My Uncle does this and tells me it is the only way to trade that makes sense if your trying to balance your life. Easy for him to say, he lives in a huge mansion in Marbella Spain overlooking the harbour. one day, one day,,,
Money never sleeps...
Guys, talk about following my trend line, this thing is walking along it for what seems like forever..
Last time i didnt trust my lines enough and missed the chance on a long opportunity and got in late missing the boat somewhat. This time im already in long, looking for 1.586
from there i have pending shorts back down to 1.581, trouble is i expected this to play out sooner than this and certainly before the action afetr ben speaks tomorrow (dont really want to go into that with anything open until i see the move.
Gonna stay up late and see...
- #323,124
- Aug 30, 2012 8:55pm Aug 30, 2012 8:55pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
im with you bro, the shift to longer term trades is upon us. My Uncle does this and tells me it is the only way to trade that makes sense if your trying to balance your life. Easy for him to say, he lives in a huge mansion in Marbella Spain overlooking the harbour. one day, one day,,,
There's no one sure way for everyone
Come with me if you want to live....
- #323,125
- Aug 30, 2012 9:03pm Aug 30, 2012 9:03pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #323,126
- Aug 30, 2012 9:24pm Aug 30, 2012 9:24pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
It's funny how that 5m chart looks similar to the last 5 years of GU in weekly chart
Come with me if you want to live....
- #323,127
- Aug 30, 2012 9:37pm Aug 30, 2012 9:37pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
It's funny how that 5m chart looks similar to the last 5 years of GU in weekly chart
I'll be interested to see what it looks like by the time we get to Reds 12 September Judgement Day
Come with me if you want to live....
- #323,128
- Aug 30, 2012 10:02pm Aug 30, 2012 10:02pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
The 15 min chart also seems to be taking on a familiar shape (particularly yesterday's top before the drop).
I'll be interested to see what it looks like by the time we get to Reds 12 September Judgement Day
becarefull of this situation bro..i doubt it will hapen..but u never know with this market..its a real fruitcake
- #323,129
- Aug 30, 2012 10:21pm Aug 30, 2012 10:21pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
becarefull of this situation bro..i doubt it will hapen..but u never know with this market..its a real fruitcake
It's already happened brother.
Check yesterday's drop against the GFC monthly (particularly the little spike up before the plummet.
It's just an interesting observation I have made on the 1min chart before. I made a post about it some time ago.
Personally, looking at this weekly congestion and continued upward pressure and those ascending weekly tails, the weekly looks like it just wants to bust free north over the medium/longer term.
I NOW see what you saw over 1year ago
Personally I would not be at all surprised to see the upper ascending red channel line I have on the weekly being touched again over the much longer term by the way weekly price had reacted to its lower parallel buddy line.
But I'm going to try and stay on the sidelines until its time to swing again.
What's your thoughts on this weekly congestion Nav?
Come with me if you want to live....
- #323,130
- Aug 30, 2012 10:30pm Aug 30, 2012 10:30pm
- | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
Money never sleeps...
- #323,131
- Aug 30, 2012 10:32pm Aug 30, 2012 10:32pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
nah he did that writing software for early computers in the 80's
was pretty much retired by the time he was 40. early 80's was a good time to get your degree in computer programming i heard...
Much like Bernankes mates I'm sure
Come with me if you want to live....
- #323,132
- Aug 31, 2012 2:15am Aug 31, 2012 2:15am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #323,134
- Aug 31, 2012 2:43am Aug 31, 2012 2:43am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
5800 is WPivot and 5810 is DPivot.
5820 is midpoint of yesterday's downmove and also yesterday's hourly support.
unless price gets 'immediatly' above all these levels, i suspect more down to come to go near previous low or even 5725
90% of traders use TA, indicators and prediction
- #323,135
- Aug 31, 2012 2:53am Aug 31, 2012 2:53am
- | Commercial User | Joined Feb 2008 | 7,911 Posts
BEFORE and AFTER
The finest tool in the world still needs a MAN who KNOWS how to use it.
- #323,136
- Aug 31, 2012 2:54am Aug 31, 2012 2:54am
- Joined Mar 2008 | Status: Name real with real own way | 23,413 Posts
Not understand?better not follow my analyses!doubt clearer first, risks ++
- #323,138
- Aug 31, 2012 3:49am Aug 31, 2012 3:49am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #323,139
- Aug 31, 2012 3:56am Aug 31, 2012 3:56am
- Joined Jul 2007 | Status: Trader | 5,392 Posts
ex member
- #323,140
- Aug 31, 2012 4:02am Aug 31, 2012 4:02am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
