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Cable Update (GBPUSD)

  • #331,961
  • Dec 7, 2012 1:09am Dec 7, 2012 1:09am
Quoting TauTrader
BB King-

I have looked at some of your webinars - mostly to see the girl

You have come a long way and improving yourself all the time. Just as there is correlation between GU and that other pair we can not mention on this thread, there is correlation between amounts of screen time spent and ones gut feel..

An extra sense gets born over time.

Keep on walking

Regards
tks!
90% of traders use TA, indicators and prediction
  • #331,962
  • Dec 7, 2012 1:12am Dec 7, 2012 1:12am
Quoting CasperTrader
Pardon me. I didn't read the whole book yet. But isn't it important that price also meet the MAs? Else, it' projecting that bull season is coming back soon.
Mr.CT

You are asking the blind here - i'm still looking at this as a new tool myself. But only to assist me with possible TP areas. I will not move away from my normal trading strategies without putting in the 10 000 hours on this. Until then - I only observe. My common sense tells me that MA's are a function of price - not the other way around.

So MA's will rather go to meet price - than price going to meet MA's...

Longer term charts still pointing north - so may very well be.

Regards
  • #331,963
  • Dec 7, 2012 1:22am Dec 7, 2012 1:22am
Quoting Ill-b-back
Yes, seems very "friendly"

BTW, if interested, connect the last 3 monthly swing highs (not including the most recent in Sept/Oct.
It should be a descending TL which we broke in September.

Then switch to the daily TF, put the fib tool from the turning point we had a few weeks ago to the most recent high. We have Some confluence there.

Also a posdible harmonic forming from there back upto 62xx area, ( but that final leg up is a possibility for next week IMO).

Edit: note daily candle reactions about this line

IMO... according on monthly i see lower 1.59 as support, and middle 1.61 as resistance.
better looking to buy lower or sell higher.
everything in the middle=risky! good scalp but nothing more
90% of traders use TA, indicators and prediction
  • #331,964
  • Dec 7, 2012 1:22am Dec 7, 2012 1:22am
Quoting Ill-b-back
I'm a bit slow, Baker?
this is the song by "ABBA" , seems
  • #331,965
  • Dec 7, 2012 1:23am Dec 7, 2012 1:23am
6070DP area.
i bet a 0.001 lot it goes there.
lol
90% of traders use TA, indicators and prediction
  • #331,966
  • Dec 7, 2012 1:24am Dec 7, 2012 1:24am
Quoting Ill-b-back
I'm a bit slow, Baker?
Ibb-

I misunderstood you.. disregard my post.

Going out for a quick meeting. Has to get back in time for NPF - pop the popcorn, get the drinks ready and watch the movie on my charts

Take care and trade well

Regards
  • #331,967
  • Dec 7, 2012 1:29am Dec 7, 2012 1:29am
Quoting _BBKing_
6070DP area.
i bet a 0.001 lot it goes there.
lol


make it 6080 will you?
  • #331,968
  • Dec 7, 2012 1:29am Dec 7, 2012 1:29am
Quoting _BBKing_
6070DP area.
i bet a 0.001 lot it goes there.
lol
Could be so... 6070 to 6074

I'll stop with these charts now.

See later

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: hurst.jpg Size: 90 KB
  • #331,969
  • Dec 7, 2012 1:32am Dec 7, 2012 1:32am
Quoting TauTrader
Mr.CT

You are asking the blind here - i'm still looking at this as a new tool myself. But only to assist me with possible TP areas. I will not move away from my normal trading strategies without putting in the 10 000 hours on this. Until then - I only observe. My common sense tells me that MA's are a function of price - not the other way around.

So MA's will rather go to meet price - than price going to meet MA's...

Longer term charts still pointing north - so may very well be.

Regards
  • #331,970
  • Dec 7, 2012 1:41am Dec 7, 2012 1:41am
Quoting _BBKing_
6070DP area.
i bet a 0.001 lot it goes there.
lol
ok lost 1$
maybe 0.90

lost the syncro in chf crosses. great longs there.
closed platform.
today only demo open.
90% of traders use TA, indicators and prediction
  • #331,971
  • Dec 7, 2012 1:46am Dec 7, 2012 1:46am
Quoting _BBKing_
ok lost 1$
maybe 0.90

lost the syncro in chf crosses. great longs there.
closed platform.
today only demo open.
fiber is leading the way, maybe we will see breakout of the 6040 sooner than expected. no significant pullback during NFP day i guess..
  • #331,972
  • Dec 7, 2012 2:05am Dec 7, 2012 2:05am
Quoting TauTrader
Hehe -

Mr.C - not sure if this was the intended way of using these extended MA's..

One wants to look for the 91 MA projection crossing with the 31 MA actual to find the midpoint. I hope you do not mind - I have scratched on your chart to show you what I am actually referring to. It's all easy peasy hindsight - of course...How you have applied these on your chart - that's interesting to say the least - I see they meet at a fib level..

Your trading decision was fortunately taken on merit a while ago.. I have no idea how this application...
Thank you for the clarification..
That was my 1st attempt @Hurst displaced ma projection after a cursory read of your attachment.. prior to that I always thought Hurst was a black limo that carry the Fx Gods of the past enroute to FX Neverland..

I am always scare sh$tless whenever I open new bets.. but thank god for risk-adjusted SL.. my FX Benzodiazepines.. so there's no need to be nervous..

I am always receptive to new ideas.. but ultimately, we all have our own styles to skin the cat..
The best for you, sir


"black cat white cat as long as it catches mice it is a good cat"..Deng Xiaoping

http://www9.georgetown.edu/faculty/a...s/image001.gif
  • #331,973
  • Dec 7, 2012 2:18am Dec 7, 2012 2:18am
Ooooo USDCHF long taken profit... counter trend trade FTW
https://dl.dropbox.com/u/52561775/Fo...22012.0816.gif

Looking at my EURJPY shorts... Building Building Building Positions for the crash MUAHAHHAhttps://dl.dropbox.com/u/52561775/Fo...22012.0817.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,974
  • Dec 7, 2012 2:19am Dec 7, 2012 2:19am
Quoting fxtyrant
i think you are gona get in trouble if we dont meetup before i leave back to HK... pick a date!!!! 13, or 15?


i see yur ass on the 15th
just kidding ..hehe
  • #331,975
  • Dec 7, 2012 2:20am Dec 7, 2012 2:20am
Quoting fxtyrant
Tight range heading to London Open....
i wonder which side will give way soon, will we break below that 1.6040 area that we find support from yesterday? or do we break north to see a pullback after yesterday's drop?

decisions decisions....

best to look at futures to see what the stock market is indicating for today's open... (FTSE100 futures)
https://dl.dropbox.com/u/52561775/Fo...22012.0603.gif
Meanwhile in the GBPUSD.... 1.6040 break??
https://dl.dropbox.com/u/52561775/Fo...22012.0819.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,976
  • Dec 7, 2012 2:31am Dec 7, 2012 2:31am
anyways guys im off to france for a short trip so i probably wont be able to provide anymore chart analysis till the 12th when i get back to London... Cya guys
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,977
  • Dec 7, 2012 2:34am Dec 7, 2012 2:34am
Quoting fxtyrant
anyways guys im off to france for a short trip so i probably wont be able to provide anymore chart analysis till the 12th when i get back to London... Cya guys

dont get lost man!!
peaceout amigo
  • #331,978
  • Dec 7, 2012 3:01am Dec 7, 2012 3:01am
Just something I am watching for today and next week...

The broken descending Monthly TL, also shown on the daily TF with candles dancing around the line.

50 fibo confluence and 2 potential harmonic patterns.

Also within a legitimate weekly trading range.

Now back to the bourbon and Pizza, good night all

Safe trading..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu20.gif Size: 13 KB
Click to Enlarge Name: gu22.gif Size: 17 KB
Click to Enlarge Name: gu23.gif Size: 14 KB
Click to Enlarge Name: gu24.gif Size: 15 KB
Come with me if you want to live....
  • #331,979
  • Dec 7, 2012 3:05am Dec 7, 2012 3:05am
Quoting Ill-b-back
Just something I am watching for today and next week...

The broken descending Monthly TL, also shown on the daily TF with candles dancing around the line.

50 fibo confluence and 2 potential harmonic patterns.

Also within a legitimate weekly trading range.

Now back to the bourbon and Pizza, good night all

Safe trading..
I am hedged at nearly same price by the way
Come with me if you want to live....
  • #331,980
  • Dec 7, 2012 3:05am Dec 7, 2012 3:05am
Quoting Ill-b-back
I'm a bit slow, Baker?
Quoting TauTrader
MA MA MA MAAA MA BAKER

You need Read LUCKY LUKE Comic's... in HERE
Tried search it use Google, Bro (and will see MA BARKER Character's in there)

HINT : About Bio MA BARKER in HERE


http://1.bp.blogspot.com/-0Yh5bb-g5m...Lucky-Luke.jpg
Always looking the GREAT, never left GOOD Point...
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