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Cable Update (GBPUSD)

  • #326,141
  • Oct 8, 2012 2:06pm Oct 8, 2012 2:06pm
Quoting PoundTrader
Im with you navin mabe a little up but the overall trend is down, good luck to all

  • #326,142
  • Oct 8, 2012 2:20pm Oct 8, 2012 2:20pm
Quoting greg811
why not 5th wave....
Hi Greg,

I believe that was 5th wave which means some correction up before next direction taken. If you look at your chart, there are a couple of waves before you have drawn first line.

regards
  • #326,143
  • Oct 8, 2012 2:32pm Oct 8, 2012 2:32pm
Quoting gavalar
Hi Greg,

I believe that was 5th wave which means some correction up before next direction taken. If you look at your chart, there are a couple of waves before you have drawn first line.

regards
check H4 you will see why... time will tell if this view is correct... cheers
  • #326,144
  • Oct 8, 2012 2:33pm Oct 8, 2012 2:33pm
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-123.gif
Shnazzy: cool, hip, trendy, term of approval/praise.

/He has a shnazzy shazzy;
Come with me if you want to live....
  • #326,145
  • Oct 8, 2012 2:34pm Oct 8, 2012 2:34pm
pound is weak across the board, good luck to all
  • #326,146
  • Oct 8, 2012 2:36pm Oct 8, 2012 2:36pm
Quoting greg811
check H4 you will see why... time will tell if this view is correct... cheers
Thats what I'm working off but your right, time will tell. Good luck mate
  • #326,147
  • Edited 3:20pm Oct 8, 2012 3:07pm | Edited 3:20pm
Ok so far with broken 6033 now , next limit 5911 with next day ranging for the cock fight for the now decision> break for 5812 or bounce strong 4rth day !!

Gold bo there but good & great confirmation at 1735 , still away.
AU ok for below parity , 0.97
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,148
  • Oct 8, 2012 4:09pm Oct 8, 2012 4:09pm
brace yourselves folks..turbulance coming on the south train
  • #326,149
  • Oct 8, 2012 4:10pm Oct 8, 2012 4:10pm
Quoting bguguen
me thinks Asia will keep shorting the GBPUSD
Come with me if you want to live....
  • #326,150
  • Oct 8, 2012 4:19pm Oct 8, 2012 4:19pm
hi all.the way i see this on 4 hr sell untill one of this 2 suport lines from daily.Today i think most likly pull of up to 6077 or somewheare in that area will look for new sell untill that daily suport lines or touch of uper daily cloud.


If 60777 area dont hold then possible even 6200 area and again sell to that uper cloud daily area
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  • #326,151
  • Oct 8, 2012 4:47pm Oct 8, 2012 4:47pm
Quoting nAVIN2007
brace yourselves folks..turbulance coming on the south train
im bracing myself... my god asia's looking ready for a continued drop..... at this rate itll reach my yearly target for GBPUSD oh.... just about by year end lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,152
  • Oct 8, 2012 9:47pm Oct 8, 2012 9:47pm
Im long GBPUSD here now, have been up 6 pips for a while now, thing is barely moving considering the average volatility this thing has. Oh well. I am aiming for retrace at least back to support around 1.6065 SL is being monitored.
All posts are my personal opinion
  • #326,153
  • Oct 8, 2012 10:25pm Oct 8, 2012 10:25pm
Quoting Rtm
Im long GBPUSD here now, have been up 6 pips for a while now, thing is barely moving considering the average volatility this thing has. Oh well. I am aiming for retrace at least back to support around 1.6065 SL is being monitored.
i hope your long for the short term
  • #326,154
  • Oct 8, 2012 10:37pm Oct 8, 2012 10:37pm
Quoting PoundTrader
i hope your long for the short term
well he said the word retrace in his post so yeah I think its safe to assume so
  • #326,155
  • Oct 8, 2012 10:45pm Oct 8, 2012 10:45pm
30 pips is pretty short term if you ask me
All posts are my personal opinion
  • #326,156
  • Oct 9, 2012 1:00am Oct 9, 2012 1:00am
Quoting X.work
How to make certain that we are at the end of the down fall.

thanks
huh ? and the question is ?
  • #326,157
  • Oct 9, 2012 1:02am Oct 9, 2012 1:02am
Quoting Fsk
Where I see the cable and other pairs going today.

Forex Swing King 10/8/2012-10/9/2012 Daily Market Analysis
This guy screams Commercial Member.
  • #326,158
  • Oct 9, 2012 1:04am Oct 9, 2012 1:04am
Quoting redbeben
huh ? and the question is ?
Well it has a 'How' in it, which usually indicates a question. He wants to know how come you are so accurate with your numbers where you know price will stall or turn. He wants to know all your secrets ;-P
  • #326,159
  • Oct 9, 2012 1:11am Oct 9, 2012 1:11am
Quoting redbeben
6036-6042-6047 ?????
20 pips halved rest BE + 50 on EU ..what can I say more...Asia was good to me this time

what did I say on EU ? first decent R is @ 1.3004 area so 15 pips off for now.maybe later but I take 2/3 now and rest @ +20

for GU I am out of shorts as my 6200 ones hit SL @ 1.6047 but will reload upper if we go to 1.6081 -1.6118

exact levels I have but I am lazy to calculate so early and it would make nonsense as today is a high risk day due to Draghi.we could see 1.6118-1.6186-1.6254 or we could continue to lower lows

I prefer lower lows but from 6080-6118 so I can short again with a better RR


have a good day gentleman and remember,market is never what is seems to be
  • #326,160
  • Oct 9, 2012 1:15am Oct 9, 2012 1:15am
Quoting bbakker
Well it has a 'How' in it, which usually indicates a question. He wants to know how come you are so accurate with your numbers where you know price will stall or turn. He wants to know all your secrets ;-P
aaaaaa

why didn't he ask so ?

well it's simple

you need to spend 5 years in a tech university(no matter what as it will not help you anyway)just to be good with numbers and formulas,then spend some more years doing a numbers job then spend some more years stuck one the same system and one day you will just see the number Matrix style...really,it's that simple


the truth is that they are just numbers,nothing more.sometimes they work sometimes they don't...normally they work it's just the trader that misses the general picture.


when they work all fine when not I have SL in place.I guess all strategies are as good as this no matter the accuracy as long as a MM is good.
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