And leg two commencing on the hourly of the continuation pattern
Cable Update (GBPUSD)
- #332,122
- Dec 7, 2012 5:38pm Dec 7, 2012 5:38pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
This is hilarious, hammer on weekly, and one going the other way on the daily.
Only when you thought the cable couldn't get anymore difficult to trade.
The next weekly hammer?
Come with me if you want to live....
- #332,123
- Dec 7, 2012 5:41pm Dec 7, 2012 5:41pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Morning..
With NFP & some funnys now out of the way, IMHO the stage is set for Cable to consolidate & rally into year end..
there's good odd for another USDX vs EURUSD "Hello Goodbye" scenario to unfold..
and what's good for cousin Euro is also good for Cable..
Attachment
Have a nice w/e
"easy listening" analysis
Come with me if you want to live....
- #332,124
- Dec 7, 2012 5:42pm Dec 7, 2012 5:42pm
- | Joined Jun 2009 | Status: Trader | 1,198 Posts
Yes, even the monthly is still indecisive.
The next weekly hammer?
- #332,125
- Dec 7, 2012 5:45pm Dec 7, 2012 5:45pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Possibly we reach again 6080-6090 beggining of next week...possibly...I have a sell limit set on 6080
Have a great weekend mate.
Come with me if you want to live....
- #332,126
- Dec 7, 2012 5:49pm Dec 7, 2012 5:49pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
What do you mean, the next weekly hammer?
I'm a bull next week unless told otherwise by my chart that's all, but see reasons for a drop before the lift, forming a weekly hammer or similar.
Just my own thoughts and fun.
I try to go with my indi flow until the flow changes (when I am disciplined)
Come with me if you want to live....
- #332,128
- Dec 7, 2012 5:55pm Dec 7, 2012 5:55pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #332,129
- Dec 7, 2012 8:27pm Dec 7, 2012 8:27pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Iam absolutely amateur, but what do you think about this daily chart?! Can this happened? For me make sense somewhere.....
(Dont blame me if this chart is a big stupidnesss)
- #332,130
- Dec 7, 2012 9:29pm Dec 7, 2012 9:29pm
Iam absolutely amateur, but what do you think about this daily chart?! Can this happened? For me make sense somewhere.....
(Dont blame me if this chart is a big stupidnesss)
- #332,131
- Dec 7, 2012 9:37pm Dec 7, 2012 9:37pm
patterns again? I see that quite often bulls trample butterflies, and bears catch sharks 
- #332,132
- Edited 11:09pm Dec 7, 2012 10:39pm | Edited 11:09pm
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
try to find out what BAMM schema in harmonic . and figure out what PRZ means and what happened there. after that u can get the heart of harmonic... at the end afways in green hehehhe. butterfly without red is an ugly butterfly... i love various color in butterfly hahahhahha
pattern is just a price action modelling in certain period of frame ( i call period of frame not time frame ).
in science as well as oil and gas exploration, there is two type of modelling : forward and inverse modelling to figure out where the oil/gas trap in subsurface .. the same thing happened in forex
there is always anisotropic to solve by modelling to find out where the relativity of top and bottom isat least i have my own big picture of GU. so i can detect where the GU is right now, compared to our past.
don't react instantly by any movement, plan it .... if not .... u get killed
http://www.forexfactory.com/attachme...6&d=1354411473
patterns again? I see that quite often bulls trample butterflies, and bears catch sharks
not euphoria follower
- #332,133
- Dec 7, 2012 11:36pm Dec 7, 2012 11:36pm
at least i have my own big picture of GU. so i can detect where the GU is right now, compared to our past.
don't react instantly by any movement, plan it .... if not .... u get killed
http://www.forexfactory.com/attachme...6&d=1354411473
- #332,135
- Dec 8, 2012 2:19am Dec 8, 2012 2:19am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #332,136
- Dec 8, 2012 3:16am Dec 8, 2012 3:16am
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #332,137
- Dec 8, 2012 3:52am Dec 8, 2012 3:52am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #332,138
- Dec 8, 2012 4:17am Dec 8, 2012 4:17am
not so symmetrically, but it is possible
Well...hope so this short of chart make some ideas for somebody, i look forward to see what is gonna happen next week . I could be totaly wrong....as i said this is my 2nd trading week .....
Anyway, Have a nice weekend for all of yeee!
- #332,139
- Dec 8, 2012 4:20am Dec 8, 2012 4:20am
its actually one of the best views i have seen..nice chart
Bytheway that chart was from CartooonNetwork
- #332,140
- Dec 8, 2012 4:22am Dec 8, 2012 4:22am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
I had a bit more time, so tried to make a bit more symmetrical. Still not the best but improving myself
Well...hope so this short of chart make some ideas for somebody, i look forward to see what is gonna happen next week . I could be totaly wrong....as i said this is my 2nd trading week .....
Anyway, Have a nice weekend for all of yeee!
yur gonna be one chartist on my watch list..makes complete sense