F**K the weekly, Im sticking to daily, dats it!!
Cable Update (GBPUSD)
- #333,582
- Jan 10, 2013 12:38pm Jan 10, 2013 12:38pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
just one thing bro..please if u going to post chart at least show us where the lines start from..otherwise they not of any use
I hope that's clear enough for you mate.
What on earth are you talking about nAV?
Come with me if you want to live....
- #333,583
- Jan 10, 2013 12:41pm Jan 10, 2013 12:41pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Are shorts F****d now?
Personally, I'm still out until I get clarification on where we are going tomorrow and/or next week
Come with me if you want to live....
- #333,584
- Jan 10, 2013 12:54pm Jan 10, 2013 12:54pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Good day Mr.Tau
Cable H1 Guppy Expansion
Attachment
Weekly Guppy Expansion from secondary Compression test & rejected from M/T support
GBPUSD+EURUSD+EURGBP W1
http://www.forexfactory.com/attachme...1&d=1357736154
Come with me if you want to live....
- #333,586
- Jan 10, 2013 1:03pm Jan 10, 2013 1:03pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
here is the model mate....
don't forget...yearly candle, quarter candle and dec candle
90% of traders use TA, indicators and prediction
- #333,587
- Jan 10, 2013 1:05pm Jan 10, 2013 1:05pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
i'm also wondering about weekly candle.
according to my own personal candlestick rules......
price can go till 1.6410 tomorrow
close the weekly there
then next week crash straight again below the 1.60
not joking!
really is possible considering the high volatility.
according to my own personal candlestick rules......
price can go till 1.6410 tomorrow
close the weekly there
then next week crash straight again below the 1.60
not joking!
really is possible considering the high volatility.
90% of traders use TA, indicators and prediction
- #333,588
- Jan 10, 2013 1:07pm Jan 10, 2013 1:07pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
ok leaving.
byebye see you next week
byebye see you next week
90% of traders use TA, indicators and prediction
- #333,589
- Jan 10, 2013 1:15pm Jan 10, 2013 1:15pm
- Joined May 2009 | Status: Trader | 4,895 Posts
I guess that depends where they shorted from
Personally, I'm still out until I get clarification on where we are going tomorrow and/or next week
there you go, nice profit for you there...
remember we're talking few days ago regarding the possibility of shorting at 6170-6200.. i guess i have to delay that plan considering current 4h formation
but i'll see if we can have consolidation at about 6200, then perhaps the plan still in progress, otherwise, it's a no go.. lol.anyway, nice pips you got there mate..
- #333,590
- Jan 10, 2013 1:18pm Jan 10, 2013 1:18pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #333,591
- Jan 10, 2013 1:23pm Jan 10, 2013 1:23pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Looks like 6150 busted.. (waiting confirmation)
problem will be tomorrow. what after such a daily candle completely reversing the whole scenario?
pfffff..... what a market these last 3 weeks!!
90% of traders use TA, indicators and prediction
- #333,592
- Jan 10, 2013 1:28pm Jan 10, 2013 1:28pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #333,593
- Jan 10, 2013 1:31pm Jan 10, 2013 1:31pm
Seems like the bullish flag is in play A close above 1.6200 - 1.6230 will confirm bullish continuation. Will be looking for an entry long tomorrow if we get one. Looking at 1.6100 - 1.6110 for a possible entry 
Will share my chart later
GL :nerd:
A close above 1.6200 - 1.6230 will confirm bullish continuation. Will be looking for an entry long tomorrow if we get one. Looking at 1.6100 - 1.6110 for a possible entry Will share my chart later
GL :nerd:
Numbers NEVER Lie
- #333,594
- Jan 10, 2013 1:36pm Jan 10, 2013 1:36pm
- Joined May 2009 | Status: Trader | 4,895 Posts
Seems like the bullish flag is in play
Will share my chart later
GL :nerd:
well, at least that's how i see it. why do you think 6200?
- #333,595
- Jan 10, 2013 1:39pm Jan 10, 2013 1:39pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
6160-80 better area IMO
problem will be tomorrow. what after such a daily candle completely reversing the whole scenario?
pfffff..... what a market these last 3 weeks!!
the last 12 months I have noticed the daily candles acting like 15min-1hr candles.
I think we need to consider very high TF's above monthly.
Back to bed, night mate,,
Come with me if you want to live....
- #333,598
- Jan 10, 2013 1:58pm Jan 10, 2013 1:58pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
monthly weekly and daily is all the same. Its just a case of different pip ranges and using smaller stops and limits.
When you look at the charts for all three time frames, they all trend about the same amount.
Just the gaily reversals last year and so far this year have been spectacular and surprising.
Considering the strong pin and bearish continuation (before todays candle).
Unfortunately my own system was telling me to short the break of yesterdays low to avoid too much drawdown.
I did have a lower TF bullish reversal signal, and briefly went long again at 6058, but it went against the daily and weekly signal, so closed out for just a few before going to bed
Anyway, anything can happen right?
Remember this moment lol...
http://www.metacafe.com/watch/an-sYZ..._with_riddick/
Come with me if you want to live....
- #333,599
- Jan 10, 2013 2:02pm Jan 10, 2013 2:02pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
hi mate,
there you go, nice profit for you there...
remember we're talking few days ago regarding the possibility of shorting at 6170-6200.. i guess i have to delay that plan considering current 4h formation
anyway, nice pips you got there mate..
Currently, still telling me we are heading downtown, but will look for signs.
Come with me if you want to live....
- #333,600
- Jan 10, 2013 2:03pm Jan 10, 2013 2:03pm
- | Joined Jun 2009 | Status: Trader | 1,198 Posts
Yes I agree, all going in same trend
Just the gaily reversals last year and so far this year have been spectacular and surprising.
Considering the strong pin and bearish continuation (before todays candle).
Unfortunately my own system was telling me to short the break of yesterdays low to avoid too much drawdown.
I did have a lower TF bullish reversal signal, and briefly went long again at 6058, but it went against the daily and weekly signal, so closed out for just a few before going to bed
Anyway, anything can happen right?...
Its true things seem more tricky these days than few years back, im thinking Im just going to stick to one time frame going forward and trim the fat.
I think the more you simplify this stuff the better.