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Cable Update (GBPUSD)

  • #330,121
  • Nov 16, 2012 5:16pm Nov 16, 2012 5:16pm
Quoting nAVIN2007
i was thinking same but its the same old story stock need to crash and USD is up on what i consider to be massive resistance..and reaction today on the dailly, give a bearish pin...
whereas the gbplfx is bullish..infact the weekly is very bullish..god know where the strength come from??
Look at that long bear candle coming down from the swing high to the left of your chart, and where our currently weekly candle is
Come with me if you want to live....
  • #330,122
  • Nov 16, 2012 5:17pm Nov 16, 2012 5:17pm
Quoting Tsar
Posisition Price in MEDIAN in Daily Chart after Market's Closed :nerd:

And Found Bullish Hammer Signal in H4 Chart and Weekly Chart too. Check it again, Bro.




Agreed with you. Btw BULLISH only

Key Point in Price 1.5964 and Next Level 1.5989. Let's We see Market's will go in Next Week...
DAILY Chart...
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-11-17_CABLE in Daily Chart.png Size: 23 KB
Always looking the GREAT, never left GOOD Point...
  • #330,123
  • Nov 16, 2012 5:21pm Nov 16, 2012 5:21pm
Quoting Ill-b-back
Look at that long bear candle coming down from the swing high to the left of your chart, and where our currently weekly candle is
not sure which one u mean?
  • #330,124
  • Nov 16, 2012 5:28pm Nov 16, 2012 5:28pm
Quoting nAVIN2007
not sure which one u mean?
...


Have a Great Weekend, Bro
Always looking the GREAT, never left GOOD Point...
  • #330,125
  • Nov 16, 2012 5:32pm Nov 16, 2012 5:32pm
Quoting Tsar
...


Have a Great Weekend, Bro
u too buddy ..have a great weekend bro!!
  • #330,126
  • Nov 16, 2012 5:35pm Nov 16, 2012 5:35pm
Quoting nAVIN2007
not sure which one u mean?
I'm on my phone now. The first GBP weekly bear candle in may I think it is. It is a strong one and we have risen to the base of it now.
I'm shopping now, I really got to go or I am dead meat, "cleaver" style
Come with me if you want to live....
  • #330,127
  • Nov 16, 2012 5:36pm Nov 16, 2012 5:36pm
Quoting Ill-b-back
I'm on my phone now. The first GBP weekly bear candle in may I think it is. It is a strong one and we have risen to the base of it now.
I'm shopping now, I really got to go or I am dead meat, "cleaver" style

tell yur wife i said beat u with the fry pan
  • #330,128
  • Nov 16, 2012 6:19pm Nov 16, 2012 6:19pm
Quoting Ill-b-back
maybe a retest of the low of the shaded weekly candle max since we closed above Thursdays high but still below last weeks low.

Anyway, enjoy the weekend everyone
Yes I agree 5935, just not 61, not yet..
Come with me if you want to live....
  • #330,129
  • Nov 16, 2012 6:35pm Nov 16, 2012 6:35pm
bro...

one of broker did not close their weekly candle yet ( they will close it 3 hours after market open in monday morning gmt + 7 ) ...so i can't discuss in weekly term. but yes most broker already had their new weekly candle at the moment.

this is just my daily view within quarter and yearly candle ......

iqyu

Quoting Ill-b-back
Yes I agree 5935, just not 61, not yet..
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: pvjj960 .gif Size: 19 KB
not euphoria follower
  • #330,130
  • Nov 16, 2012 7:03pm Nov 16, 2012 7:03pm
this level is good for lower Risk:higher Reward. Just my opinion.
Attached Image (click to enlarge)
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As Above, So Below
  • #330,131
  • Nov 16, 2012 8:06pm Nov 16, 2012 8:06pm
Quoting iqyu5an
???
http://www.harmonictrader.com/abcdbullre.jpg
excellent work.
testing 1,2,3...
  • #330,132
  • Edited 9:04pm Nov 16, 2012 8:44pm | Edited 9:04pm
Quoting nAVIN2007
weekly is not bearish..i promise infact with all my experience its practically certain next week is a bull week at least to 1.5935..
but the chart is not bearish longer term this is one thing i know

next u will experience hardly any dd south..it will just rise..u will see..just not sure abt 1.5935 area
Agree..

Here's my take on this eccentric old fella..
Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121117-022831 GBP D1.png Size: 66 KB


with the support of Cable along with supports from the twin guide dogs EURGBP & EURJPY, EURUSD may be on the verge of making a substantial move over the S/T..
  • #330,133
  • Nov 16, 2012 9:50pm Nov 16, 2012 9:50pm
This has good potential to lift some but overall, I think we are no where near a bottom and it has further to fall than it does to rise.

The answer will come soon enough...
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2654if.gif Size: 15 KB
Come with me if you want to live....
  • #330,134
  • Nov 16, 2012 10:17pm Nov 16, 2012 10:17pm
Ben's multi year, multi billion dollar/month spending promise shot this thing and the Euro north very quickly once the holidays were over.

But has the bullish Euro monthly TL retest failed...
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2654if.gif Size: 16 KB
Come with me if you want to live....
  • #330,135
  • Nov 16, 2012 11:10pm Nov 16, 2012 11:10pm
Or just a correction before next move brother ? she just knocked the door ? and waiting the door opened ?

Inserted Video


(imho) ... the monthly not closed yet...above or below 23.6 ......... what about weekly say a week before monthly closing ?


Quoting Ill-b-back
Ben's multi year, multi billion dollar/month spending promise shot this thing and the Euro north very quickly once the holidays were over.

But has the bullish Euro monthly TL retest failed...
Attached Image (click to enlarge)
Click to Enlarge Name: pvjj964.gif Size: 12 KB
Attached Image
not euphoria follower
  • #330,136
  • Nov 16, 2012 11:21pm Nov 16, 2012 11:21pm
Quoting iqyu5an
Or just a correction before next move brother ? she just knocked the door ? and waiting the door opened ?

http://www.youtube.com/watch?v=X1ZRBPA8SK0

(imho) ... the monthly not closed yet...above or below 23.6 ......... what about weekly say a week before monthly closing ?
You forgot to highlight the large monthly bear candle smashing into the head of this shampoo there was no pin bar at the bottom either, not that it is required, but it would help your bullish analysis.
Which is the real retrace??
Come with me if you want to live....
  • #330,137
  • Nov 16, 2012 11:24pm Nov 16, 2012 11:24pm
did u see quarter candle pin bar there brother ?

http://www.forexfactory.com/attachme...2&d=1353128995

and this weekly ( in red circle )

http://www.forexfactory.com/attachme...3&d=1353121760

and daily around low 2011 and 50 q3-2012

http://www.forexfactory.com/attachme...4&d=1353121760

monthly ?

not closing yet .... so i can't make analysis for monthly. she is still running

just imho

Quoting Ill-b-back
You forgot to highlight the large monthly bear candle smashing into the head of this shampoo there was no pin bar at the bottom either, not that it is required, but it would help your bullish analysis.
Which is the real retrace??
not euphoria follower
  • #330,138
  • Nov 16, 2012 11:34pm Nov 16, 2012 11:34pm
Quoting iqyu5an
Or just a correction before next move brother ? she just knocked the door ? and waiting the door opened ?

http://www.youtube.com/watch?v=X1ZRBPA8SK0

(imho) ... the monthly not closed yet...above or below 23.6 ......... what about weekly say a week before monthly closing ?
I think Bens push up in September was temporary, we all know how Ben likes to use the word "Temporary"
Also, when looking at TF's higher than the monthly, quite a lot of movement is allowed without spoiling "anyone's" analysis
Come with me if you want to live....
  • #330,139
  • Nov 16, 2012 11:35pm Nov 16, 2012 11:35pm
Quoting iqyu5an
did u see quarter candle pin bar there brother ?

http://www.forexfactory.com/attachme...2&d=1353128995

and this weekly ( in red circle )

http://www.forexfactory.com/attachme...3&d=1353121760

and daily around low 2011 and 50 q3-2012

http://www.forexfactory.com/attachme...4&d=1353121760

monthly ?

not closing yet .... so i can't make analysis for monthly. she is still running

just imho
I meant the large bearish monthly to the left of the head
Come with me if you want to live....
  • #330,140
  • Nov 16, 2012 11:39pm Nov 16, 2012 11:39pm
Quoting iqyu5an
did u see quarter candle pin bar there brother ?

http://www.forexfactory.com/attachme...2&d=1353128995

and this weekly ( in red circle )

http://www.forexfactory.com/attachme...3&d=1353121760

and daily around low 2011 and 50 q3-2012

http://www.forexfactory.com/attachme...4&d=1353121760

monthly ?

not closing yet .... so i can't make analysis for monthly. she is still running

just imho
The monthly channel has more relevance than the daily or weekly analysis I think.
Come with me if you want to live....
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