Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Last Post
1 17044 17045 Page 17046 17047 17048 43759
1 Page 17046 43759

#340,901
May 13, 2013 9:15pm May 13, 2013 9:15pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Patternz

Disliked

Just came back and it triggered, cool. But after reading your guys thoughts i just closed it. I think i will enter a long with sl the low{quote}

Ignored

Dude, pls don't read too much bullish Bias into my post.

It is still bearish in my view, I don't actually "expect" to win this trade I am simply being mechanical based on my charting software.

It is a very week signal but taking it just in case.

Come with me if you want to live....

#340,902
May 13, 2013 9:16pm May 13, 2013 9:16pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Just to clarify for you Patternz, if I wasn't using my software, I would be waiting for a bounce off 52xx area support tomorrow.

ie. I would be flat

Come with me if you want to live....

#340,903
May 13, 2013 9:20pm May 13, 2013 9:20pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Ill-b-back

Disliked

Just to clarify for you Patternz, if I wasn't using my software, I would be waiting for a bounce off 52xx area support tomorrow. ie. I would be flat

Ignored

Now I don't know which way I (want) the market to go

lol...

Come with me if you want to live....

#340,904
May 13, 2013 9:22pm May 13, 2013 9:22pm

Robby
| Joined Jun 2007 | Status: Trader | 413 Posts

If you are going to trade something that you are going to auto trade...then you can not high grade the trades...you haft to take each one. Good with the bad... That is how you find out if it will work... you can do all the back testing you want but the real truth is when put on a live market what are the results.... I am glad you are trying... I hope you find something that works!!! If you do...do not disclose it...

Quoting Ill-b-back

Disliked

{quote} Dude, pls don't read too much bullish Bias into my post. It is still bearish in my view, I don't actually "expect" to win this trade I am simply being mechanical based on my charting software. It is a very week signal but taking it just in case.

Ignored

#340,905
May 13, 2013 9:30pm May 13, 2013 9:30pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Just for the record, I'm also not ruling out a straight push to 1.5 area this week or next to set up a bullish push.

I just don't think we are going to crack 1.48.

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpusdweekly.png
Size: 36 KB

Come with me if you want to live....

#340,906
May 13, 2013 9:37pm May 13, 2013 9:37pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Robby

Disliked

If you are going to trade something that you are going to auto trade...then you can not high grade the trades...you haft to take each one. Good with the bad... That is how you find out if it will work... you can do all the back testing you want but the real truth is when put on a live market what are the results.... I am glad you are trying... I hope you find something that works!!! If you do...do not disclose it...{quote}

Ignored

It's not a robot or anything like that, I enter the trades based on a signal.

Not an up or down arrow or anything, it simply plots swing positions on many timeframes based on candle confluence (Not symphony system).

It works, not 100% but vast majority (higher TF the better).

I've just got to trust it.

Many very weird bullish signals given last year against very bearish price action. (For this reason, I didn't trust the signals, but they turned out to be correct).

Come with me if you want to live....

#340,907
May 13, 2013 9:39pm May 13, 2013 9:39pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

I'm off for a swim, have a great day guys

Come with me if you want to live....

#340,908
May 13, 2013 9:45pm May 13, 2013 9:45pm

Robby
| Joined Jun 2007 | Status: Trader | 413 Posts

Go with what you have...most tech indicators and candles work alot better on higher time frames...FYI

Quoting Ill-b-back

Disliked

{quote} It's not a robot or anything like that, I enter the trades based on a signal. Not an up or down arrow or anything, it simply plots swing positions on many timeframes based on candle confluence (Not symphony system). It works, not 100% but vast majority (higher TF the better). I've just got to trust it. Many very weird bullish signals given last year against very bearish price action. (For this reason, I didn't trust the signals, but they turned out to be correct).

Ignored

#340,909
May 13, 2013 11:19pm May 13, 2013 11:19pm

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Robby

Disliked

Go with what you have...most tech indicators and candles work alot better on higher time frames...FYI{quote}

Ignored

Yes will do, thanks very much for your insight and advice, it is much appreciated

If we get up to 54xx, by New York we could get a strong push down

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpusdh1.png
Size: 32 KB

Come with me if you want to live....

#340,910
May 13, 2013 11:53pm May 13, 2013 11:53pm

ForexRatVN
| Joined May 2010 | Status: Trader | 270 Posts

Quoting Ill-b-back

Disliked

{quote} Yes will do, thanks very much for your insight and advice, it is much appreciated If we get up to 54xx, by New York we could get a strong push down {image}

Ignored

You got the nice buy trade on your chart. It's enough to prove your right entry.

Myself did not trade since beginning of the week, but bias on the up movement in spite of few traders in this FF though of the down turn in cable.

Will see today and tomorrow to justify the bear and bull will win the battle.

#340,911
Edited May 14, 2013 12:16am May 13, 2013 11:54pm | Edited May 14, 2013 12:16am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,415 Posts

Morning , while target remain fixed at down 5196 , price may retrace a little , 1 leg up 5338, breaks to go 5384 & some more . so pending will do will for me now to start & see .regular short can do but London & Frankfurt open watch also important for a spike or so> 1 leg up for all eu & gold too. .
fontu

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpusdh4.png
Size: 30 KB

Not understand?better not follow my analyses!doubt clearer first, risks ++

#340,912
May 14, 2013 12:21am May 14, 2013 12:21am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting ForexRatVN

Disliked

{quote} You got the nice buy trade on your chart. It's enough to prove your right entry. Myself did not trade since beginning of the week, but bias on the up movement in spite of few traders in this FF though of the down turn in cable. Will see today and tomorrow to justify the bear and bull will win the battle.

Ignored

Thanks.

5360 actually looks better if we get up there and stall for the big boys

Attached Image(s) (click to enlarge)

Click to Enlarge

Name: gbpusdh1.png
Size: 27 KB

Click to Enlarge

Name: gbpusddaily.png
Size: 25 KB

Come with me if you want to live....

#340,913
May 14, 2013 12:50am May 14, 2013 12:50am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Gold has also found good monthly support at 1320.

If I had enough money I'd be looking for a break of the upper TL

That berated Gold buyer must be happy

Attached Image (click to enlarge)

Click to Enlarge

Name: gu7.gif
Size: 10 KB

Come with me if you want to live....

#340,914
May 14, 2013 12:55am May 14, 2013 12:55am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

And don't think people are not buying Gold. It is experiencing record demand, they even ran out of it at the Chinese Gold and Silver exchange recently.

This positive US news about a surplus and increasing yields has probably been priced in (as it usually is) starting from the beginning of the year is my thoughts.

Come with me if you want to live....

#340,915
May 14, 2013 1:01am May 14, 2013 1:01am

Red Alert
| Joined Mar 2012 | Status: Trader | 730 Posts

Quoting Ill-b-back

Disliked

Just for the record, I'm also not ruling out a straight push to 1.5 area this week or next to set up a bullish push. I just don't think we are going to crack 1.48. {image}

Ignored

Very nice entry brother.... if the first resistance at 1.5330 area done, Next target will be 1.5385 (yesterday high)

#340,916
May 14, 2013 1:39am May 14, 2013 1:39am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Red Alert

Disliked

{quote} Very nice entry brother.... if the first resistance at 1.5330 area done, Next target will be 1.5385 (yesterday high)

Ignored

Good to see you Red

Got to go and cook dinner for the working wife

Come with me if you want to live....

#340,917
May 14, 2013 2:04am May 14, 2013 2:04am

Ill-b-back
Joined May 2011 | Status: Get to the Chopper | 17,905 Posts

Quoting Red Alert

Disliked

{quote} Very nice entry brother.... if the first resistance at 1.5330 area done, Next target will be 1.5385 (yesterday high)

Ignored

Actually dude, there's no real news today, so she might just keep gliding down to 52xx

Come with me if you want to live....