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Cable Update (GBPUSD)

  • #330,081
  • Nov 16, 2012 6:35am Nov 16, 2012 6:35am
???
http://www.harmonictrader.com/abcdbullre.jpg

Quoting Ill-b-back
Follow the ARROW...

http://www.youtube.com/watch?v=WHu2mH5lSM8

LOL..
Attached Image
not euphoria follower
  • #330,082
  • Nov 16, 2012 6:44am Nov 16, 2012 6:44am
Quoting iqyu5an
???
http://www.harmonictrader.com/abcdbullre.jpg

original target stands..1.6470 - 1.65
potential 1.64

first target = weekly pin
  • #330,083
  • Nov 16, 2012 6:48am Nov 16, 2012 6:48am
So... uh... all these red lines are pointing downwards.. so... um... this means it's gonna go down, right? RIGHT?!

someone hold me
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  • #330,084
  • Nov 16, 2012 6:48am Nov 16, 2012 6:48am
that's my long term dream also mate ....

but i have another dream also ....

http://www.forexfactory.com/attachme...9&d=1352631388
Quoting nAVIN2007
original target stands..1.6470 - 1.65
potential 1.64
not euphoria follower
  • #330,085
  • Nov 16, 2012 6:50am Nov 16, 2012 6:50am
Quoting iqyu5an
that's my long term dream also mate ....

but i have another dream also ....

http://www.forexfactory.com/attachme...9&d=1352631388

it can happen technically..not posting chart thou..some things one must keep to himself..
what i like about it..its not seen easily!!..which as far as im concerned is great - need weekly pin
  • #330,086
  • Nov 16, 2012 7:11am Nov 16, 2012 7:11am
here we comes, the week is going to close with a range of 92 pips (well maybe the ny session will bring volatility and boost the range, but i doubt it).
Such a little volatility is a new low of the past 10 years, yes, 10 years (in march 2002 we had a week of 85pips).

well..
  • #330,087
  • Nov 16, 2012 7:12am Nov 16, 2012 7:12am
Im watching to sell at 5880
  • #330,088
  • Nov 16, 2012 7:16am Nov 16, 2012 7:16am
Quoting nAVIN2007
now narrow in the lines..to give refined trendline, look at the monthly range..and u will realise why this area is a tough nut.. (the monthly formation may have played out)
then use a fib..and see the confluence with the 50

tony look at the 8hr..i know it aint pretty but i think its a falling wedge..the last 8 hr brokeout but retraced..lol
I knew, these Not Perfect TRIANGLE Pattern b'cause got Space (DimGray Box) in there :nerd:
Possible Break in Price 5776 and Upward again.

Here the Big Screen Monthly Chart...
Attached Image (click to enlarge)
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Always looking the GREAT, never left GOOD Point...
  • #330,089
  • Nov 16, 2012 7:17am Nov 16, 2012 7:17am
If only all trades were this straight forward. Leaving a position to run
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  • #330,090
  • Nov 16, 2012 7:40am Nov 16, 2012 7:40am
Quoting C-12
If only all trades were this straight forward. Leaving a position to run
and of course you had that double divergence play there in 5min at the bottom with that 1135am gmt close of the 5min master bullish engulfing x 2 thrust trigger

G/L
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ex member
  • #330,091
  • Nov 16, 2012 7:43am Nov 16, 2012 7:43am
Quoting bbmac
and of course you had that double divergence play there in 5min at the bottom with that 1135am gmt close of the 5min master bullish engulfing x 2 thrust trigger

G/L
I didn't spot that but it's all good

Short now. Couple of positions.
Attached Image (click to enlarge)
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  • #330,092
  • Nov 16, 2012 7:49am Nov 16, 2012 7:49am
Quoting C-12
If only all trades were this straight forward. Leaving a position to run
it's a weekly demand area... what did you expect?
anyway well done! nice trade
90% of traders use TA, indicators and prediction
  • #330,093
  • Nov 16, 2012 8:53am Nov 16, 2012 8:53am
Quoting C-12
Short now. Couple of positions.
Took 1 off for 20.
Attached Image (click to enlarge)
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  • #330,094
  • Nov 16, 2012 9:12am Nov 16, 2012 9:12am
took the opportunity to scal out some of my long positions and hedge another more in short.
at least will sleep during this weekend with position locked.

see you all on monday

be lucky and have a great weekend!

bybye
90% of traders use TA, indicators and prediction
  • #330,095
  • Nov 16, 2012 9:13am Nov 16, 2012 9:13am
How about this. Switch to M1, scalp it back up then add on another short.
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  • #330,096
  • Nov 16, 2012 9:41am Nov 16, 2012 9:41am
i think next week we will seee 1.5747
  • #330,097
  • Nov 16, 2012 11:37am Nov 16, 2012 11:37am
Quoting iqyu5an
???
http://www.harmonictrader.com/abcdbullre.jpg
Not this time
Come with me if you want to live....
  • #330,098
  • Nov 16, 2012 12:15pm Nov 16, 2012 12:15pm
As long as we stay below these 2 lines, all is ok.

You continue to go to work, pay your bills and believe whatever you want to believe.

Break above these 2 lines, and the heavens will shake because it means something is horribly wrong and the end is extremely nigh.

We will see just how deep this rabbit hole goes....

Still just sitting on the weekly 55ema in a heavy weekly traffic area.

Next week will tell the story me thinks.
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #330,099
  • Nov 16, 2012 12:59pm Nov 16, 2012 12:59pm
Quoting Bones
haha love you IBB ,Ive never met you but I know you have great ears !


You inspire me
Come with me if you want to live....
  • #330,100
  • Nov 16, 2012 1:06pm Nov 16, 2012 1:06pm
Quoting Ill-b-back
As long as we stay below these 2 lines, all is ok.

You continue to go to work, pay your bills and believe whatever you want to believe.

Break above these 2 lines, and the heavens will shake because it means something is horribly wrong and the end is extremely nigh.

We will see just how deep this rabbit hole goes....

Still just sitting on the weekly 55ema in a heavy weekly traffic area.

Next week will tell the story me thinks.
Hey Ill-b-back Bro,

You've a lot of progress in providing Analysis
Always looking the GREAT, never left GOOD Point...
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