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Cable Update (GBPUSD)

  • #341,861
  • May 29, 2013 7:43am May 29, 2013 7:43am
yea...

and next friday will be important also.... : end of month...end of week and friday on may 31 ... where we close ? above 517x or below ?



Quoting Ill-b-back
{quote} todays close important I think {image}
not euphoria follower
  • #341,862
  • May 29, 2013 7:48am May 29, 2013 7:48am
Quoting iqyu5an
yea... and next friday will be important also.... : end of month...end of week and friday on may 31 ... where we close ? above 517x or below ? {quote}
below?
Come with me if you want to live....
  • #341,863
  • May 29, 2013 8:21am May 29, 2013 8:21am
this is what i am waiting for......... the red one as 5:0 bullish pattern...

but max ratio for bearish shark not completed yet.. there is still room up ( if high's today broken ) but ...............


Quoting iqyu5an
done ..... c ya in new york ...... gonna see reaction around 504x/6x later ... {quote}
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not euphoria follower
  • #341,864
  • May 29, 2013 8:41am May 29, 2013 8:41am
Quoting Ill-b-back
{quote} todays close important I think {image}
interesting chart there... inverted H&S right there? left shoulder done, head and now its dropping into the right shoulder?
very curious looking indeed....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,865
  • May 29, 2013 8:43am May 29, 2013 8:43am
my best month so far , even with the trend againts me.

But now with the start of the reversal this will be fun
Attached Image (click to enlarge)
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  • #341,866
  • May 29, 2013 8:48am May 29, 2013 8:48am
Quoting iqyu5an
this is what i am waiting for......... the red one as 5:0 bullish pattern... but max ratio for bearish shark not completed yet.. there is still room up ( if high's today broken ) but ............... {quote} {image}
Well done old friend.
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #341,867
  • May 29, 2013 8:52am May 29, 2013 8:52am
Bearish Dragon...detected on m5
not euphoria follower
  • #341,868
  • May 29, 2013 9:18am May 29, 2013 9:18am
Quoting CNTrader
{quote} By the way its not a butterfly it was a Gartley as clearly labeled on chart. Oh yeah and just woke up to Targets 1 and 2 being attained stops now rolled to BE. Its hard work making it look so easy Kid lol {image} Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank
Wow, unbelievable! But I'm still bearish on cable.
  • #341,869
  • May 29, 2013 9:19am May 29, 2013 9:19am
Quoting Trader88q
{quote} yes but its a little too late to long. AUD,EUR,GBP is rising. AUD is very low now. so parallely i will long AUD TP 0.990
Good for you mate .
  • #341,870
  • May 29, 2013 9:37am May 29, 2013 9:37am
meet optimum ratio for bearish shark at weekly pivot already


Quoting iqyu5an
this is what i am waiting for......... the red one as 5:0 bullish pattern... but max ratio for bearish shark not completed yet.. there is still room up ( if high's today broken ) but ............... {quote} {image}
not euphoria follower
  • #341,871
  • May 29, 2013 9:58am May 29, 2013 9:58am
Looks like the dust is settling on GU.. Couldn't go through 145.. if H1 closes above 130 then we may have another shot at the 145...

Lets see..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,872
  • May 29, 2013 10:27am May 29, 2013 10:27am
Strong move up off 5606 current daily lo...price finding some resistance at the current daily hi - 1st 1/2 of the previous 4hr swing hi/minor daily swing lo/hi zone and a 5 fib cluster between 5144-50, 4 of which shown on 4hr chart below the other being 76.4% 5189-5606...last 2 4hr closes have been bullish - let's see what the daily does ?

Bullish div in the 4hr t/f at bottom - pointing to more upside or is this just another pullback ?

G/L
Attached Image (click to enlarge)
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ex member
  • #341,873
  • May 29, 2013 10:30am May 29, 2013 10:30am
Quoting -sonny-
my best month so far , even with the trend againts me. But now with the start of the reversal this will be fun {image}
ur only showing profits... who knows about the underlying losses you are holding on equity??

show us your Balance/Equity charts and we'll see if ur really performing well....

if you manage to have a max drawdown of 10% while you make these profits, then congratulations, you are doing well....

dont just show people profits, ppl need to see the drawdown involved in your account to know if ur really performing well... just a hint but
keep up the good work!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,874
  • May 29, 2013 10:50am May 29, 2013 10:50am
2 more days left till end of this month of May...so far this month price has travelled 110% of it's 20 month atr...so far this week only 59% of it's 20 week atr, and so far today 120% of it's 20 day atr. 20 day atr is currently 114pips, so still someway below the longer average measured over more weeks.

Re overall price action (opa) 1hr is in an uptrend, 4hr in a range although looking like a bullish b/o is more likely than not, and daily is in a downtrend, with weekly downtrend too.

G/L
ex member
  • #341,875
  • May 29, 2013 10:53am May 29, 2013 10:53am
Quoting ForexRatVN
{quote}That's me and the trade is in profit at the time being. Target of 80 pips @ 15110 is possible from my 2 cents view
I'm done with reversal / correction, bought @ 15030, TP 15110 hit
  • #341,876
  • May 29, 2013 11:07am May 29, 2013 11:07am
Quoting fxtyrant
{quote} ur only showing profits... who knows about the underlying losses you are holding on equity?? show us your Balance/Equity charts and we'll see if ur really performing well.... if you manage to have a max drawdown of 10% while you make these profits, then congratulations, you are doing well.... dont just show people profits, ppl need to see the drawdown involved in your account to know if ur really performing well... just a hint butkeep up the good work!
lol.. The guy just confessed that he was going against the trend! Automatically you should expect an equity line that is not so pretty!

But eventually he was able to manage the positions and got out green.. Not only green, but he finds is the record breaking month!! He should get the proper acknowledgement for managing the trade I recon! Right?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,877
  • May 29, 2013 11:36am May 29, 2013 11:36am
Quoting fxtyrant
{quote} ur only showing profits... who knows about the underlying losses you are holding on equity?? show us your Balance/Equity charts and we'll see if ur really performing well.... if you manage to have a max drawdown of 10% while you make these profits, then congratulations, you are doing well.... dont just show people profits, ppl need to see the drawdown involved in your account to know if ur really performing well... just a hint butkeep up the good work!
my equity it's 93%.
I'm not telling that I'm never wrong , like I said if it pass the red zone I start to sell and I did with a hedge
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  • #341,878
  • May 29, 2013 11:41am May 29, 2013 11:41am
Quoting baherhosni
{quote} lol.. The guy just confessed that he was going against the trend! Automatically you should expect an equity line that is not so pretty! But eventually he was able to manage the positions and got out green.. Not only green, but he finds is the record breaking month!! He should get the proper acknowledgement for managing the trade I recon! Right?
right baherhosni , the money mangment it's the most important for me
Attached Image (click to enlarge)
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  • #341,879
  • May 29, 2013 12:06pm May 29, 2013 12:06pm
Quoting Trader88q
{quote} u are talking too much. are u really a trader? a useless spoker
Take it easy .. we need clowns and cheerleaders here .. He is funny

ps. Still look forward to see 1.53 breakout and touch 1.56 again next month
Make it simple, but not simpler - Einstein
  • #341,880
  • May 29, 2013 12:49pm May 29, 2013 12:49pm
ok


Quoting Ri Dwe
{quote} Take it easy .. we need clowns and cheerleaders here .. He is funny ps. Still look forward to see 1.53 breakout and touch 1.56 again next month
On-site guru & also FF member's' psychiatrist, when not drinking tea
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