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Cable Update (GBPUSD)

  • #329,581
  • Nov 12, 2012 9:01pm Nov 12, 2012 9:01pm
this is madness
  • #329,582
  • Nov 12, 2012 9:02pm Nov 12, 2012 9:02pm
Quoting SemperOorah
Bullish descending wedge. In long with a tight stop under the bottom TL.
A big LOT or small one
  • #329,583
  • Nov 12, 2012 9:05pm Nov 12, 2012 9:05pm
Quoting tunera
this is madness
I agree

Sssssseeeeeellllllll
Come with me if you want to live....
  • #329,584
  • Nov 12, 2012 9:06pm Nov 12, 2012 9:06pm
Quoting Ill-b-back
I agree

Sssssseeeeeellllllll
well...
  • #329,585
  • Nov 12, 2012 9:11pm Nov 12, 2012 9:11pm
It's about to break the triangle and shoot straight down.

Scorpion
  • #329,586
  • Nov 12, 2012 9:11pm Nov 12, 2012 9:11pm
Quoting tunera
well...
Come with me if you want to live....
  • #329,587
  • Nov 12, 2012 9:18pm Nov 12, 2012 9:18pm
Quoting ForexRatVN
A big LOT or small one
I go big with tight stops. Just my style.
  • #329,588
  • Nov 12, 2012 9:41pm Nov 12, 2012 9:41pm
I think it's just going to continue to shit itself, I really do...
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #329,589
  • Nov 12, 2012 9:41pm Nov 12, 2012 9:41pm
Quoting SemperOorah
I go big with tight stops. Just my style.
well, mate.. bullish wedge can only be defined when there's a confirmed breakout to the upside.. as long as the price stays in the triangle, it cannot be defined as a bullish wedge since triangles can break to either side.

as long as the price is concerned, atm it still has not showing any signs of bullishness just yet.. the price still making lower highs and lower lows (according to your chart).

as far as i can tell, in my preferred TF (4h), i still think the price can drift more to the downside, no momentum of bullishness just yet.
  • #329,590
  • Nov 12, 2012 9:44pm Nov 12, 2012 9:44pm
Quoting A-speculator
well, mate.. bullish wedge can only be defined when there's a confirmed breakout to the upside.. as long as the price stays in the triangle, it cannot be defined as a bullish wedge since triangles can break to either side.

as long as the price is concerned, atm it still has not showing any signs of bullishness just yet.. the price still making lower highs and lower lows (according to your chart).

as far as i can tell, in my preferred TF (4h), i still think the price can drift more to the downside, no momentum of bullishness just yet.
Not bullish, but just a "little jump" for fall again
even better than mama
  • #329,591
  • Nov 12, 2012 9:54pm Nov 12, 2012 9:54pm
ok my friends, as i see the bulls are a little bit sad, this image is for you!

Is it real?
Is it fake?

Mystery..
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  • #329,592
  • Nov 12, 2012 10:27pm Nov 12, 2012 10:27pm
Quoting A-speculator
well, mate.. bullish wedge can only be defined when there's a confirmed breakout to the upside.. as long as the price stays in the triangle, it cannot be defined as a bullish wedge since triangles can break to either side.

as long as the price is concerned, atm it still has not showing any signs of bullishness just yet.. the price still making lower highs and lower lows (according to your chart).
Yea man I hear you. I suppose I'm using terminology based on my own definitions which would confuse people haha.

I know it's still early to tell, but possible upside break with a backtest:
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  • #329,593
  • Nov 12, 2012 11:12pm Nov 12, 2012 11:12pm
Quoting SemperOorah
Yea man I hear you. I suppose I'm using terminology based on my own definitions which would confuse people haha.

I know it's still early to tell, but possible upside break with a backtest:
So far so good uh?

I am busy this time with 2 meetings that took me a way from catching opportunity.

Enjoy it mate
  • #329,594
  • Nov 12, 2012 11:14pm Nov 12, 2012 11:14pm
Quoting ForexRatVN
So far so good uh?

I am busy this time with 2 meetings that took me a way from catching opportunity.

Enjoy it mate
Yea looks good, thanks.

There will always be another one for you to catch!
  • #329,595
  • Nov 12, 2012 11:29pm Nov 12, 2012 11:29pm
hi!

look for buy signal at or near 5837/40 on 5 min and 15 min TFs

GL
Learning Requires Failure
  • #329,596
  • Nov 12, 2012 11:43pm Nov 12, 2012 11:43pm
Quoting tirmizi
hi!

look for buy signal at or near 5837/40 on 5 min and 15 min TFs

GL

charts are here why i think that way

Post 109
Learning Requires Failure
  • #329,597
  • Nov 12, 2012 11:58pm Nov 12, 2012 11:58pm
Such a sideway market these days!
  • #329,598
  • Nov 13, 2012 12:09am Nov 13, 2012 12:09am
Out at 1.5875. Good luck everyone.
  • #329,599
  • Nov 13, 2012 1:34am Nov 13, 2012 1:34am
Quoting harve
Yeah, possibility reach 1.5900 on london open, and then go back < 1.5855 on us open
my short target 1.5900, long target 15800
its happened right now, little bullish to 15900
even better than mama
  • #329,600
  • Nov 13, 2012 1:35am Nov 13, 2012 1:35am
looking for a rest of 1.6..im a bull
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