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Cable Update (GBPUSD)

  • #326,681
  • Oct 12, 2012 2:15am Oct 12, 2012 2:15am
Quoting wasabeclaw
With respect, would you kindly step to a lower level please?
Give me a few more hours dude, and I'll show you how low things can go

It's freaky Friday man...
Come with me if you want to live....
  • #326,682
  • Oct 12, 2012 2:16am Oct 12, 2012 2:16am
Quoting alam88009
guys. I am a bad trader here. can you teach me how to trade cause I lossing my money here.
Hi, First you have to decide what type of Trader you are e.g Day Trader Swing Trader etc....I am a swing trader so I tend to look for the bigger moves and I only trade supply and demand levels. For me supply and demad is more safe and secure. The timeframes I use are weekly, day and 4hr chart

Hope that was helpful

Scorpion
  • #326,683
  • Oct 12, 2012 2:17am Oct 12, 2012 2:17am
Quoting bguguen
thats you being drunk? wheres the aussie i know..... be rude!!!

Bitch Drop you fucking BITCH!!!

say it with me!!!
This is a public forum don't you know

Come with me if you want to live....
  • #326,684
  • Oct 12, 2012 2:19am Oct 12, 2012 2:19am
Gu runs like a snot
  • #326,685
  • Oct 12, 2012 2:21am Oct 12, 2012 2:21am
Quoting wasabeclaw
I asked nicely and it works!
it works my ass....
It was obviously a joke between me and Ill-b-back, i know that guy
so who do you think you are?!
You better not test me!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,686
  • Oct 12, 2012 2:23am Oct 12, 2012 2:23am
Quoting Ill-b-back
Give me a few more hours dude, and I'll show you how low things can go

It's freaky Friday man...

smells like up trend coming!

I did get the 30pips on 5 min
  • #326,687
  • Oct 12, 2012 2:30am Oct 12, 2012 2:30am
Quoting wasabeclaw
smells like up trend coming!

I did get the 30pips on 5 min


I hope it is contained...
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2578if.gif Size: 17 KB
Come with me if you want to live....
  • #326,688
  • Oct 12, 2012 2:35am Oct 12, 2012 2:35am
Quoting wasabeclaw
smells like up trend coming!

I did get the 30pips on 5 min
Dont go crying when GBPUSD starts tanking against you.... theres a bearish divergence on H4...
the spike up to 1.6055 is to complete the divergence pattern.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,689
  • Oct 12, 2012 2:40am Oct 12, 2012 2:40am
Quoting bguguen
Dont go crying when GBPUSD starts tanking against you.... theres a bearish divergence on H4...
the spike up to 1.6055 is to complete the divergence pattern.
Hey bguguen, still learning this stuff, looking at 4H what is giving you the bearish divergence?
  • #326,690
  • Oct 12, 2012 2:43am Oct 12, 2012 2:43am
Quoting FXcHiPPy
Hey bguguen, still learning this stuff, looking at 4H what is giving you the bearish divergence?
Look at the H4 chart, watch the yellow yellow lines... on chart you see upward lines on highs, while RSI Highs are downwards yellow lines....

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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,691
  • Oct 12, 2012 2:47am Oct 12, 2012 2:47am
Quoting bguguen
Attachment

Hi Bbgugen,

Do you think the upwards move is capped at 1.605x for the moment??

I know you have stated the h4 bearish divergence, however, I had been hoping for price to test 1.6066/8 area and look to short from there. Not sure if it will reach there now.

Cheers bro
  • #326,692
  • Oct 12, 2012 2:49am Oct 12, 2012 2:49am
Quoting Freshpips
Hi Bbgugen,

Do you think the upwards move is capped at 1.605x for the moment??

I know you have stated the h4 bearish divergence, however, I had been hoping for price to test 1.6066/8 area and look to short from there. Not sure if it will reach there now.

Cheers bro
keep an eye out on it.. if you get it then do it...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,693
  • Oct 12, 2012 2:53am Oct 12, 2012 2:53am
above last leg up & hence more correction in action I see , below 38.4% now , 50% around 6100.lets see .6067 one important level 38.4% fib also .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,694
  • Oct 12, 2012 2:54am Oct 12, 2012 2:54am
Quoting wasabeclaw
smells like up trend coming!

I did get the 30pips on 5 min
Sorry mate I was talking about my profanity, not the Pound.

But I think they can both potentially go low.

Come with me if you want to live....
  • #326,695
  • Oct 12, 2012 2:54am Oct 12, 2012 2:54am
Quoting Freshpips
Hi Bbgugen,

Do you think the upwards move is capped at 1.605x for the moment??

I know you have stated the h4 bearish divergence, however, I had been hoping for price to test 1.6066/8 area and look to short from there. Not sure if it will reach there now.

Cheers bro

MAYBE 6200
  • #326,696
  • Oct 12, 2012 2:56am Oct 12, 2012 2:56am
Quoting wasabeclaw
MAYBE 6200
6200 would invalidate the divergence
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,697
  • Oct 12, 2012 2:57am Oct 12, 2012 2:57am
1.6070 best place to short... SL around 1.6090 Previous S/R
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,698
  • Oct 12, 2012 3:04am Oct 12, 2012 3:04am
Quoting wasabeclaw
MAYBE 6200

possibly.

Theres also the UDTL that could cap move around 1.616x level...If we get that high
  • #326,699
  • Oct 12, 2012 3:04am Oct 12, 2012 3:04am
Quoting bguguen
1.6070 best place to short... SL around 1.6090 Previous S/R
may be for 6058 limit for up ( actually above it ) for next level immediate 6098, breaks limit ok then.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,700
  • Oct 12, 2012 3:05am Oct 12, 2012 3:05am
Quoting bguguen
1.6070 best place to short... SL around 1.6090 Previous S/R

Im short from 1.6068 like I planned.
Unsure about sl for the moment though
Possible the other side of 61
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