...goody goody...mind the gap...train is departingDid i told ? its falling again
Cable Update (GBPUSD)
- #341,127
- May 16, 2013 6:06pm May 16, 2013 6:06pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Hey Traders hope you are all making bank this week. I had another outstanding week and was just focusing on trading. Maybe over the weekend I'll post some of the stuff I did but no promises. Anyway just wanted to update this Gbp/Usd 4hr chart I posted last week. All three targets were attained on the bearish 3 drives trade and then I flipped it on the bullish bat pattern when I saw the behavior I was looking for. Target 1 attained stops rolled to BE. Enjoy, have fun, and may we all make bank!!{image}
Looking for the broken weekly TL retest off that diamond below.
My immediate bearish tone has changed for now.
This sorry housing news could push us back to 56 for the TL retest but will look to TP whenever the retest occurs.
Come with me if you want to live....
- #341,128
- May 16, 2013 7:48pm May 16, 2013 7:48pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Other view of chart for GU 15M time frame.{image}
Come with me if you want to live....
- #341,129
- May 16, 2013 7:51pm May 16, 2013 7:51pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
The brown battle zone 
Come with me if you want to live....
- #341,131
- May 16, 2013 8:45pm May 16, 2013 8:45pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
I just picked up my 3rd bargain
Come with me if you want to live....
- #341,132
- May 16, 2013 8:53pm May 16, 2013 8:53pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
This should be Tyrants Bear Avatar
not mine
not mine
Come with me if you want to live....
- #341,134
- May 16, 2013 9:17pm May 16, 2013 9:17pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #341,136
- May 16, 2013 9:38pm May 16, 2013 9:38pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} U really a die-hard for BULL
Yeah man, been like this since just after the beginning of 2011.
Trust me, you do not want to know where I think this thing is heading, Ill-b-back will be Laughed off the forum
Come with me if you want to live....
- #341,137
- May 16, 2013 9:48pm May 16, 2013 9:48pm
{quote} lol... Yeah man, been like this since just after the beginning of 2011. Trust me, you do not want to know where I think this thing is heading, Ill-b-back will be Laughed off the forum
- #341,138
- May 16, 2013 10:18pm May 16, 2013 10:18pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #341,140
- May 16, 2013 10:41pm May 16, 2013 10:41pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Look at it! {image}
Looks more like profit taking to me.
I am following monthly off long term support and more importantly, my charting data.
I believe this new monthly low is a bear trap.
Come with me if you want to live....