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Cable Update (GBPUSD)

  • #337,121
  • Mar 17, 2013 5:49pm Mar 17, 2013 5:49pm
only one pair I trade that was barely affected by fall in EUR and Cyprus crisis
  • #337,122
  • Mar 17, 2013 7:06pm Mar 17, 2013 7:06pm
breaking south


test of 1.50 coming up
Money never sleeps...
  • #337,123
  • Mar 17, 2013 7:08pm Mar 17, 2013 7:08pm
Quoting inpatient
breaking south


test of 1.50 coming up

going to be a very interesting open for London...
Money never sleeps...
  • #337,124
  • Mar 17, 2013 9:09pm Mar 17, 2013 9:09pm
Quoting inpatient
breaking south


test of 1.50 coming up
Not only 1.50 is a psychological support, but it is also where the tenkan-sen (ichimoku) is right now. A break of that level should be very bearish.
  • #337,125
  • Mar 17, 2013 10:26pm Mar 17, 2013 10:26pm
Good Morning , so gu still hold at one top staggering & in vain I will tell it . ok but not think can hold for long time . range now 5222/real 5317 to 4981 to previous bottom presently .

gold perhaps made the last leg up for down continuation , gu started the strong down but next target down 2863 if stop this down train , I doubt that for a pullback/gap filling if any ,as how many times it may need for before tanking to 2751.
lets see , long careful just can say.
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 44 KB
Click to Enlarge Name: eurusddaily.png Size: 42 KB
Click to Enlarge Name: goldh4.png Size: 36 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,126
  • Mar 17, 2013 10:31pm Mar 17, 2013 10:31pm
I think the great Pound is actually now in the throws of death...
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,127
  • Mar 17, 2013 10:35pm Mar 17, 2013 10:35pm
The never-ending Euro drama as well as it's own intrinsic issues, almost guarantees its demise as the leading currency in terms of unit value.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,128
  • Mar 17, 2013 11:18pm Mar 17, 2013 11:18pm
Quoting surgeon
I think the great Pound is actually now in the throws of death...

What makes you think this way?
Money never sleeps...
  • #337,129
  • Mar 17, 2013 11:42pm Mar 17, 2013 11:42pm
Quoting inpatient
What makes you think this way?
Quantitative Easing, Rate Cuts and the inevitable Ratings downgrade - all in my radar inside 6 months.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,130
  • Mar 17, 2013 11:47pm Mar 17, 2013 11:47pm
Quoting inpatient
What makes you think this way?
... Aint you ever upgrading to outpatient status, BTW?
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,131
  • Mar 17, 2013 11:53pm Mar 17, 2013 11:53pm
Quoting surgeon
... Aint you ever upgrading to outpatient status, BTW?
ha, not me, permenantly troubled im afraid..


I see the break of either of these black lines as being indicative of the next direction.
Attached Image (click to enlarge)
Click to Enlarge Name: 31.gif Size: 27 KB
Money never sleeps...
  • #337,132
  • Mar 18, 2013 12:02am Mar 18, 2013 12:02am
Quoting inpatient
ha, not me, permenantly troubled im afraid..


I see the break of either of these black lines as being indicative of the next direction.
Ultimately I'll wait for London to show the way, though.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,133
  • Mar 18, 2013 12:07am Mar 18, 2013 12:07am
Quoting inpatient
ha, not me, permenantly troubled im afraid..
I begin to wonder - could a Trader become better skilled; more emotionally in check, after a frontal Lobectomy?
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,134
  • Mar 18, 2013 12:14am Mar 18, 2013 12:14am
Quoting surgeon
I begin to wonder - could a Trader become better skilled; more emotionally in check, after a frontal Lobectomy?
I sincerely apologize if this was insensitive or offensive to some.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,135
  • Mar 18, 2013 12:15am Mar 18, 2013 12:15am
Quoting surgeon
I sincerely apologize if this was insensitive or offensive to some.

im not easily offended my clinical friend.

I think anything that reduces brain function will improve a persons trading prowess. Common sense seems never to prevail in the forex market.
Money never sleeps...
  • #337,136
  • Mar 18, 2013 12:23am Mar 18, 2013 12:23am
Quoting inpatient
im not easily offended my clinical friend.

I think anything that reduces brain function will improve a persons trading prowess. Common sense seems never to prevail in the forex market.
Your obvious sense of humour excluded you from that apology to begin with.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #337,137
  • Mar 18, 2013 1:06am Mar 18, 2013 1:06am
Quoting surgeon
Your obvious sense of humour excluded you from that apology to begin with.

if it will improve my trading skills, where do sign up for the next slot in the OR doc?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #337,138
  • Mar 18, 2013 1:20am Mar 18, 2013 1:20am
Quoting baherhosni
if it will improve my trading skills, where do sign up for the next slot in the OR doc?
or, better yet, it will give me some sort of ESP powers so that i can tap into the minds of the market movers and join every single wave from the very starting point.

never mind me, i am simply not in the right state of "mind"
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #337,139
  • Mar 18, 2013 2:30am Mar 18, 2013 2:30am
Price Pattern (H&S) shows the probability of 153 Pips down but i can't trust it so much as the angle is not valid for me and the volume decreased at the time of reaching the neck line if it breaks we should see 153 Pips down trend otherwise flat moving
Attached Image (click to enlarge)
Click to Enlarge Name: H&S.JPG Size: 77 KB
Don’t follow someone else’s trading advice blindly
  • #337,140
  • Mar 18, 2013 2:57am Mar 18, 2013 2:57am
One of the trader sent PM and told me 2 things:
1- My angle is not valid causes i didn't draw it correctly, and i say that's right but generally i can't trust this form of shoulders and now i show it in H1
2- There is engulfing Candle that again i can't trust it and i trust to candle form in Daily T/F
H4 T/F show in the long run it must go up but short time frames (right now) show weak down trend
Now i send another Pic. may it's better
Attached Image (click to enlarge)
Click to Enlarge Name: H&S.JPG Size: 63 KB
Don’t follow someone else’s trading advice blindly
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