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Cable Update (GBPUSD)

  • #338,481
  • Edited 1:20pm Apr 5, 2013 12:59pm | Edited 1:20pm
NFP reaction to the top & up , real test 5319 & breaks also . eu joined & gold to some extent lastly . can be a pullback move or so at last .
If wave 'a' near end or ending then b ( a must below 5026> 5245 limit for up, breaks will confirm) down correction expecting before next C up towards pb. anyway any crazy can takes place without any formula! or b wave , ok for a simple pb may to tank huge next .

Gold reacted limited so far with a daily hammer up , limit down 1589 & real pullback/correction effort at 1617 breaks only .In that case a effort to break even 1632 towards 1720 , 1795 to even top of the top again , hope not at all . anyway breaking 1626 should again try & try again before any such things may happen ever.

audusd & ucad reacted minimum , not on the side eu & gu so far , ok .
lets see what next comes up .
fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: goldh4.png Size: 55 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,482
  • Apr 5, 2013 1:13pm Apr 5, 2013 1:13pm
do you really think thats the same

looks v nice to me

Hammer is in fact low probability

but this

fact is it will close like that




Quoting deepak925
sometimes it's really not useful just continues with the trend.. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gold 5-4-13 morning star.png Size: 35 KB
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  • #338,483
  • Apr 5, 2013 1:15pm Apr 5, 2013 1:15pm
3 candle ,what more do you want in this location
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  • #338,484
  • Apr 5, 2013 1:21pm Apr 5, 2013 1:21pm
Quoting Bones
3 candle ,what more do you want in this location
That 3 candles u mentioned looks really good but my point was regarding d1 bullish hammer..b4 daily bullish hammer around 1638 it was ranging the hammer turned in green end of day that was a good reversal point but it not reverse..my point is sometimes it just carrys on with the trend..
Attached Image (click to enlarge)
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GBP/USD
  • #338,485
  • Apr 5, 2013 1:25pm Apr 5, 2013 1:25pm
the hammer you ring is after bearish candle ,it can be seen as continuation these are high risk ,
I have taken gold hammer because I felt strongly support would hold and as soon as it broke I thought morning star in that location
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  • #338,486
  • Apr 5, 2013 1:34pm Apr 5, 2013 1:34pm
Quoting Bones
the hammer you ring is after bearish candle ,it can be seen as continuation these are high risk , I have taken gold hammer because I felt strongly support would hold and as soon as it broke I thought morning star in that location
Wish it was small like morning star i would have definately noted but wht i see sometimes is in the image..with strong trend
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 61 KB
GBP/USD
  • #338,487
  • Apr 5, 2013 2:08pm Apr 5, 2013 2:08pm
it is morning star,you wont see that without doubt


Quoting deepak925
Wish it was small like morning star i would have definately noted but wht i see sometimes is in the image..with strong trend {image}
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  • #338,488
  • Apr 5, 2013 2:11pm Apr 5, 2013 2:11pm
when set up clear
easy money


Quoting Bones
look at this set up what next ? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eurlfxdaily 5-4-13 easy money.png 2.png Size: 26 KB
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  • #338,489
  • Apr 5, 2013 2:14pm Apr 5, 2013 2:14pm
Quoting Bones
it is morning star,you wont see that without doubt
next time will see it without doubt..
GBP/USD
  • #338,490
  • Apr 5, 2013 2:18pm Apr 5, 2013 2:18pm
I think Things is more clear now .
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #338,491
  • Apr 5, 2013 2:52pm Apr 5, 2013 2:52pm
lol
what is the market condition of gold ?
please share your chart and thoughts



Quoting deepak925
next time will see it without doubt..
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  • #338,492
  • Apr 5, 2013 3:01pm Apr 5, 2013 3:01pm
Quoting Bones
lol what is the market condition of gold ? please share your chart and thoughts
ROFL common bro u the big guy u show us the path were gold is headed??

sure will share it sir..
GBP/USD
  • #338,493
  • Apr 5, 2013 3:21pm Apr 5, 2013 3:21pm
I already told you up be a buyer ,I already told you cable up
not big try to help anyway my work is done either im lucky or I have a point make your own mind up

Quoting deepak925
ROFL common bro u the big guy u show us the path were gold is headed?? sure will share it sir..
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd d1 1-4-13.png Size: 39 KB
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  • #338,494
  • Apr 5, 2013 3:24pm Apr 5, 2013 3:24pm
gold d1
Attached Image (click to enlarge)
Click to Enlarge Name: gold trade.png Size: 23 KB
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  • #338,495
  • Apr 5, 2013 3:30pm Apr 5, 2013 3:30pm
look where we are ,only big gap down would change my mind at this point


Quoting Bones
I already told you up be a buyer ,I already told you cable up not big try to help anyway my work is done either im lucky or I have a point make your own mind up {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 5-4-13 d1.png Size: 43 KB
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  • #338,496
  • Apr 5, 2013 3:41pm Apr 5, 2013 3:41pm
Not point to make sorry wrong phrase ,I have tried to share high tf trading and reading price ,just how you could use even if scalper ,
some think often what im saying not poss ,
dont try to predict lalala (h1 +below traders)
anyway ive seen done now you have maybe ,
personally I have long way to go ,but Im very pleased with my trading over last year




Quoting Bones
I already told you up be a buyer ,I already told you cable up not big try to help anyway my work is done either im lucky or I have a point make your own mind up {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,497
  • Apr 5, 2013 4:06pm Apr 5, 2013 4:06pm
Quoting deepak925
Wish it was small like morning star i would have definately noted but wht i see sometimes is in the image..with strong trend {image}

This is how is see it..

Attached Image (click to enlarge)
Click to Enlarge Name: b1.png Size: 110 KB
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #338,498
  • Apr 5, 2013 5:23pm Apr 5, 2013 5:23pm
Time already told, u need to control your emotion when trading, peace.....

Quoting inpatient
Bro if price doesnt break beneath 1.50 at some point over the next week i will eat my entire computer, desk, wife and kids in shock.
  • #338,499
  • Apr 6, 2013 12:31am Apr 6, 2013 12:31am
Quoting airafx
Time already told, u need to control your emotion when trading, peace.....




Bro, you obviously don't know me very well, trust me my emotions are fine, thanks,

wife and kids were tasty,

didn't think much of my desk and computer though, bit too chewy...
Money never sleeps...
  • #338,500
  • Apr 6, 2013 4:09am Apr 6, 2013 4:09am
Quoting inpatient
Bro, you obviously don't know me very well, trust me my emotions are fine, thanks, wife and kids were tasty, didn't think much of my desk and computer though, bit too chewy...
chewy?!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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