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Cable Update (GBPUSD)

  • #342,901
  • Jun 18, 2013 1:31pm Jun 18, 2013 1:31pm
Quoting Bones
how do you read todays candle on d1 ? {quote}
daily is bearish ..i reckon dark cloud cover on weekly tone!!..and wheels are in motion
  • #342,902
  • Jun 18, 2013 1:36pm Jun 18, 2013 1:36pm
Quoting nAVIN2007
{quote} daily is bearish ..i reckon dark cloud cover on weekly tone!!..and wheels are in motion
When the dam breaks, she gonna be a FLOOD! lol
Ghost Rider - WWTBMD?
  • #342,903
  • Jun 18, 2013 1:45pm Jun 18, 2013 1:45pm
Quoting TauTrader
{quote} Good day, IBB Yip - sitting pretty. Gunning for a new recent high by Friday... Will see. I'm scalping the 4hr chart. Mistake I made was not waiting for the bar close. So- in way too early on the bullish divergence. But she may play out. All the best
Yes will see if we get up there by Thurs/Fri.
If we do, I'll be looking for 5420 area.
Cheers brother
Come with me if you want to live....
  • #342,904
  • Jun 18, 2013 1:52pm Jun 18, 2013 1:52pm
I think so Nav ,ive seen this before ,its typical of turn of strong move change

Quoting nAVIN2007
{quote} daily is bearish ..i reckon dark cloud cover on weekly tone!!..and wheels are in motion
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,905
  • Jun 18, 2013 1:53pm Jun 18, 2013 1:53pm
Quoting albchr
{quote} When the dam breaks, she gonna be a FLOOD! lol

i have to say..talk about accuracy the sum bitch went down to the ascending weekly trendline to the friggin pip and bounced but thats where i reckon we going to close out..forming the cloud cover ..

then she is gonna break wind nitro style
  • #342,906
  • Jun 18, 2013 1:55pm Jun 18, 2013 1:55pm
Quoting Bones
I think so Nav ,ive seen this before ,its typical of turn of strong move change {quote}
lets see buddy..i still have a long way to go to read them like u..but yur helping for sure

Im not ruling out a shock move to the downside either..ABCD formation in play (retrace to 61.8 of the hi to low for today) a break of the low could be an account blower for some
  • #342,907
  • Jun 18, 2013 1:57pm Jun 18, 2013 1:57pm
the $ is coming out of very bearish move for retrace I think
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxh4 18-6-13.png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,908
  • Jun 18, 2013 2:00pm Jun 18, 2013 2:00pm
Quoting nAVIN2007
{quote} i have to say..talk about accuracy the sum bitch went down to the ascending weekly trendline to the friggin pip and bounced but thats where i reckon we going to close out..forming the cloud cover .. then she is gonna break wind nitro style
Yeah. I had fun calling the bottom of the drop, and the top of the bounce (within a few) off nothing but the indexes today...LOL

I have the weekly pivot at 5645 and OH...what a surprise, we're hovering right here until they open the flood gates. It's almost not fair.
Ghost Rider - WWTBMD?
  • #342,909
  • Jun 18, 2013 2:02pm Jun 18, 2013 2:02pm
Quoting Bones
the $ is coming out of very bearish move for retrace I think {image}
I agree

Although to me, it's coming out of it's retrace back to uptrend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdlfxdaily.png Size: 41 KB
Click to Enlarge Name: usdlfxweekly.png Size: 45 KB
Ghost Rider - WWTBMD?
  • #342,910
  • Jun 18, 2013 2:16pm Jun 18, 2013 2:16pm
sure looks bullish to me
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxdaily 19-6-13 open.png Size: 36 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,911
  • Jun 18, 2013 2:21pm Jun 18, 2013 2:21pm
how I read ,low tf show consolidation pattern not bullish but would agree that's tricky call



Quoting Bones
how do you read todays candle on d1 ? {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd d1 19-6-13 open.png use.png Size: 37 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,912
  • Jun 18, 2013 2:27pm Jun 18, 2013 2:27pm
Quoting Bones
how I read ,low tf show consolidation pattern not bullish but would agree that's tricky call {quote} {image}
I have another 1-1/2 hours for my daily to close.
Ghost Rider - WWTBMD?
  • #342,913
  • Jun 18, 2013 2:30pm Jun 18, 2013 2:30pm
I guess yours will close more bearish then !
Id be glad to see
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 19-6-13 d1 open.png Size: 36 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,914
  • Jun 18, 2013 2:33pm Jun 18, 2013 2:33pm
Quoting Bones
I guess yours will close more bearish then ! Id be glad to see {image}
I don't imagine it will move "too" much more by then but I'll post it when it closes. If I had to "guess"? I'd say 5630ish but we'll see.
Ghost Rider - WWTBMD?
  • #342,915
  • Jun 18, 2013 2:33pm Jun 18, 2013 2:33pm
btw it was 50 pip stop 200 tp , short


Quoting GDR3k
{quote} Short @ 5589? or did you mean long with a 50 pip stop, 200 pip target?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,916
  • Jun 18, 2013 5:07pm Jun 18, 2013 5:07pm
Quoting albchr
{quote} I don't imagine it will move "too" much more by then but I'll post it when it closes. If I had to "guess"? I'd say 5630ish but we'll see.
I was a little off Tony. Daily closed at 5629.7
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 43 KB
Ghost Rider - WWTBMD?
  • #342,917
  • Jun 18, 2013 9:57pm Jun 18, 2013 9:57pm
I am like,


so not trading today


Come with me if you want to live....
  • #342,918
  • Jun 18, 2013 10:12pm Jun 18, 2013 10:12pm
Good day,

What I see.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 108 KB
  • #342,919
  • Jun 18, 2013 11:30pm Jun 18, 2013 11:30pm
I have posted my CABLE update for coming days for those who are interested here:

http://www.forexfactory.com/showthre...17#post6762317
  • #342,920
  • Edited 12:20am Jun 19, 2013 12:03am | Edited 12:20am
Closed all position, now cable just kiss the red trend line and bounced from there.....let see
Attached Image (click to enlarge)
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