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Cable Update (GBPUSD)

  • #342,681
  • Jun 14, 2013 4:27am Jun 14, 2013 4:27am
Quoting Ill-b-back
{quote} lol..... So glad you're not the jealous type
lol... As long as you don't make eyes at the Harley, we're good.

So what's your thinking on GU bud, had enough up yet?
Ghost Rider - WWTBMD?
  • #342,682
  • Jun 14, 2013 4:34am Jun 14, 2013 4:34am
Quoting albchr
{quote} lol... As long as you don't make eyes at the Harley, we're good. So what's your thinking on GU bud, had enough up yet?
No mate, it maybe just getting started
Come with me if you want to live....
  • #342,683
  • Jun 14, 2013 4:36am Jun 14, 2013 4:36am
Quoting albchr
{quote} lol... As long as you don't make eyes at the Harley, we're good. So what's your thinking on GU bud, had enough up yet?
I love Harleys but I won't stare at another mans wheels
Come with me if you want to live....
  • #342,684
  • Jun 14, 2013 4:40am Jun 14, 2013 4:40am
Quoting Ill-b-back
{quote} No mate, it maybe just getting started
I dunno bro, maybe finished in my book. Although I think it will chop around a bit now and perhaps form a right shoulder on 4H? I definitely started building shorts WAY too soon but I'm holding them.

A post I just made in another thread....

5780/5800 is tops for GU me thinks. After finally breaking low out of that 4 Year triangle, It's just now coming back to test the ascending lower TL (Blue). Also the weekly 200ma (Green) and the 61.8 are right there with it. Pretty good SR me thinks. A close below the weekly DP at 5620 would be nice. I think we'll see a half assed weekly pin maybe? But we'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 57 KB
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  • #342,685
  • Jun 14, 2013 4:40am Jun 14, 2013 4:40am
Quoting Ill-b-back
{quote} I love Harleys but I won't stare at another mans wheels
Look, don't touch! ...
Ghost Rider - WWTBMD?
  • #342,686
  • Jun 14, 2013 4:48am Jun 14, 2013 4:48am
Quoting albchr
{quote} I dunno bro, maybe finished in my book. Although I think it will chop around a bit now and perhaps form a right shoulder on 4H? I definitely started building shorts WAY too soon but I'm holding them. A post I just made in another thread.... 5780/5800 is tops for GU me thinks. After finally breaking low out of that 4 Year triangle, It's just now coming back to test the ascending lower TL (Blue). Also the weekly 200ma (Green) and the 61.8 are right there with it. Pretty good SR me thinks. A close below the weekly DP at 5620 would...
Yes, I posted 2 monthly charts a while back with a bearish and bullish view.

I have built on them out of interest only.

I am daytrading with the 4hr trend but am developing a higher TF picture as a refernce for some swing trades also.

If we go up to 58ish area this month, I am watching 5420 area on the way down.

I see possibility for a surprise that's all, but following PA at my TL's and levels.
Come with me if you want to live....
  • #342,687
  • Jun 14, 2013 4:49am Jun 14, 2013 4:49am
Quoting albchr
{quote} Look, don't touch! ...
touch but don't taste,

taste but don't swallow.

Come with me if you want to live....
  • #342,688
  • Jun 14, 2013 4:53am Jun 14, 2013 4:53am
Quoting albchr
{quote} Look, don't touch! ...
Have a good day mate, I've got to go.
Wife is out on girlie night, I'm at home with sick kid.

But I'm the one in control right!!


I need a beer and a movie.
Come with me if you want to live....
  • #342,689
  • Jun 14, 2013 4:53am Jun 14, 2013 4:53am
Quoting Ill-b-back
{quote} touch but don't taste, taste but don't swallow.
Lite, but don't inhale....

As for the market? Only the Shadow knows. Ok, maybe a few banksters, corrupt corporate owned politicians and some corporate owners have a clue as well.
Ghost Rider - WWTBMD?
  • #342,690
  • Jun 14, 2013 4:55am Jun 14, 2013 4:55am
Quoting Ill-b-back
{quote} Have a good day mate, I've got to go. Wife is out on girlie night, I'm at home with sick kid. But I'm the one in control right!! I need a beer and a movie.
Should be but...are we ever??
Ghost Rider - WWTBMD?
  • #342,691
  • Jun 14, 2013 5:07am Jun 14, 2013 5:07am
Quoting albchr
{quote} Lite, but don't inhale.... As for the market? Only the Shadow knows. Ok, maybe a few banksters, corrupt corporate owned politicians and some corporate owners have a clue as well.

important people CEO..all u have to do is burn down the building and short yur stock
easy as pie my man
  • #342,692
  • Jun 14, 2013 5:11am Jun 14, 2013 5:11am
Quoting nAVIN2007
{quote} important people CEO..all u have to do is burn down the building and short yur stock easy as pie my man
Naaa...I could never stoop to their level. Of course that probably means I'm not cut-throat enough for this business.
Ghost Rider - WWTBMD?
  • #342,693
  • Jun 14, 2013 5:16am Jun 14, 2013 5:16am
Quoting albchr
{quote} Naaa...I could never stoop to their level. Of course that probably means I'm not cut-throat enough for this business.
the thing is money corrupts people because a person power is measured by the amount of money they have..how many times have traders short a currency and not give a flying f7**&k about the implications..to me it the same thing

i wont do it either but many would

corruption is the world we live in..thinking any different is an illusion
  • #342,694
  • Edited 6:00am Jun 14, 2013 5:46am | Edited 6:00am
All OK with weekend crush expected so far , gold doing in advance , reached & bounced yesterday & today to confirm the overall situation for next , breaks 1374+73 again to down 66 to break, and of so then strong wave 3 down actually possible & so no stop at 1358/now 62 then , GO direct for bottom play next week.
gbp as probable stronger in expectation than Eur & so goes little far from levels OK but both should down in the reach . GU started next level down only & nothing good for the crush yet .
so will follow gold to see for others fate , more or less.
Fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,695
  • Jun 14, 2013 6:06am Jun 14, 2013 6:06am
Quoting fontu
All OK with weekend crush expected so far , gold doing in advance , reached & bounced yesterday & today to confirm the overall situation for next , breaks 1374+73 again to down 66 to break, and of so then strong wave 3 down actually possible & so no stop at 1358/now 62 then , GO direct for bottom play next week. gbp as probable stronger in expectation than Eur & so goes little far from levels OK but both should down in the reach . GU started next level down only & nothing good for the crush yet . so will follow gold to see for others fate , more...
After closing one from 1414.38 at 1374.67, I'm still targeting 1350 with the other...
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  • #342,696
  • Jun 14, 2013 6:26am Jun 14, 2013 6:26am
Quoting albchr
{quote} After closing one from 1414.38 at 1374.67, I'm still targeting 1350 with the other... {image}

Sure , very achievable target & logical , 1352 is the all time reach target even do any wrong / / bounce area at the same time . and as logical if breaks 66 , should actually target the bottom , 47>39>20 & 1300 round figure to break it towards 1200 , wave 3 one strong . yeah can play some zigzag with 1400 & 1426 again so 1352 is safest for short time play .

fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: goldweekly.png Size: 27 KB
Click to Enlarge Name: golddaily1.png Size: 28 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,697
  • Jun 14, 2013 6:37am Jun 14, 2013 6:37am
is this the gold thread?
  • #342,698
  • Jun 14, 2013 6:43am Jun 14, 2013 6:43am
Sarcasm isn't a turn on....
  • #342,699
  • Jun 14, 2013 6:46am Jun 14, 2013 6:46am
Quoting GDR3k
Sarcasm isn't a turn on....

somehow the idiot might be for real..

Quoting oztrader79
is this the gold thread?

just kidding no its not u need XAUUSD
  • #342,700
  • Jun 14, 2013 6:48am Jun 14, 2013 6:48am
Quoting fontu
{quote} Sure , very achievable target & logical , 1352 is the all time reach target even do any wrong / / bounce area at the same time . and as logical if breaks 66 , should actually target the bottom , 47>39>20 & 1300 round figure to break it towards 1200 , wave 3 one strong . yeah can play some zigzag with 1400 & 1426 again so 1352 is safest for short time play . fontu {image} {image}
Funny you should mention that buddy. 1200 is my long term target. Has been since the 1700's.

http://www.forexfactory.com/showthre...88#post6753288
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