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Cable Update (GBPUSD)

  • #345,761
  • Aug 23, 2013 7:00am Aug 23, 2013 7:00am
Quoting nAVIN2007
{quote} it makes no difference to me if u are a bear or a bull bro.. u might be right i can be wrong..we depend on our edge but at least 1.53 is there
Sometimes we need a clear indicator and hopefully, I recently found the cable indicator

I'm hoping all greens for you bro
  • #345,762
  • Aug 23, 2013 7:03am Aug 23, 2013 7:03am
Quoting Maso
{quote} Sometimes we need a clear indicator and hopefully, I recently found the cable indicator I'm hoping all greens for you bro
things will never be clear but u have to understand market flow more than anything..everything u need to know is always in the chart
many green pips bro!!..get lucky
  • #345,763
  • Aug 23, 2013 7:04am Aug 23, 2013 7:04am
GU D1

probably not a bad place to buy a dip ...
Attached Image (click to enlarge)
Click to Enlarge Name: gud1.PNG Size: 43 KB
  • #345,764
  • Aug 23, 2013 7:08am Aug 23, 2013 7:08am
Quoting nAVIN2007
things will never be clear
  • #345,765
  • Aug 23, 2013 7:09am Aug 23, 2013 7:09am
Quoting chazzle
GU D1 probably not a bad place to buy a dip ... {image}
that is a crazy idea for a short term trader.

you may be right for daily, but you can't rely on current candle which is not yet closed?
  • #345,766
  • Aug 23, 2013 7:10am Aug 23, 2013 7:10am
huge technical mistake imho
+
no eye on fundamentals:

2 big news:

one is CAD in 20 min.
other USD in 2 hours.
  • #345,767
  • Aug 23, 2013 7:11am Aug 23, 2013 7:11am
Quoting chazzle
GU D1 probably not a bad place to buy a dip ... {image}

dont do a hancock bro..it dont work well in real life
  • #345,768
  • Aug 23, 2013 7:17am Aug 23, 2013 7:17am
Quoting openyoureyes
{quote} that is a crazy idea for a short term trader. you may be right for daily, but you can't rely on current candle which is not yet closed?

I absolutely agree with you on not counting the current candle as part of a price pattern - this is just a trend observation , and where price is now - I think there's a good chance enough bulls will step in to pay a visit to yesterday low / mid as indicated - 570s , before a further drop occurs
  • #345,769
  • Aug 23, 2013 7:18am Aug 23, 2013 7:18am
Quoting nAVIN2007
{quote} dont do a hancock bro..it dont work well in real life
I forgot who he is ... is he a relation of Mr Martin Gale?
  • #345,770
  • Aug 23, 2013 7:20am Aug 23, 2013 7:20am
Quoting chazzle
{quote} I forgot who he is ... is he a relation of Mr Martin Gale?

hancock super hero will smith, flying n sh**&t
might be
  • #345,771
  • Aug 23, 2013 7:29am Aug 23, 2013 7:29am
Quoting chazzle
{quote} I absolutely agree with you on not counting the current candle as part of a price pattern - this is just a trend observation , and where price is now - I think there's a good chance enough bulls will step in to pay a visit to yesterday low / mid as indicated - 570s , before a further drop occurs
Than I totally agree with you sir...
  • #345,772
  • Edited 7:45am Aug 23, 2013 7:32am | Edited 7:45am
Quoting openyoureyes
{quote} that is a crazy idea for a short term trader.
GU M15

don't worry about me, taken profit already
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 28 KB
  • #345,773
  • Aug 23, 2013 8:17am Aug 23, 2013 8:17am
Hi all and wish you green pips.There is a strong UTL(Diagonal resistance line) still preventing price from going down.If price breaks it price will head for .5454 and even go below.GU can be difficult to analyse as there are a lot of hidden fundamental releases in my opinion.Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: GU analysis 2.jpg Size: 92 KB
Price,Precision,Psychic,Pyschology ,Patience and Pr.Karie's 6Ps of trading.
  • #345,774
  • Aug 23, 2013 9:03am Aug 23, 2013 9:03am
How y'all doing?
  • #345,775
  • Aug 23, 2013 9:09am Aug 23, 2013 9:09am
Quoting TauTrader
How y'all doing?
Mr Tau Trader. Doing fine here sir. How is your Friday coming along?

GBP/CAD...after analyzing Mr. HDA 's tremendous trading insights...well, let's just say... a light came on. Very very tremendous information.
  • #345,776
  • Edited 10:28am Aug 23, 2013 9:10am | Edited 10:28am
Quoting Vilkas
{quote} Fontu you are a magician, I love your charts and published ideas, thanks for contribution to this community, respect
Thanks mate , just using logic only & respect the wrong side at the same time , that is flexible in the mode of trading only.

anyway , update now :
gu should need for test next level 5519 before a bounce again , break or not .even short cut 5546 can lead a bounce before 5519!!if so now then should be more short cut mode to bull last towards 5751to down great again.daily still should be a bear one close below 5587

eu to 3256 before actually 3205.like gu & gold can take new high to 3460/3500 though , ok .

gold needed a break or test 1344/6 but channel action & seeing bull again towards 1392 /1423 next stop again . Investors specially very puzzled now & now gold at great buy level & so GO IN the safe side till calm down !! add : now testing 1400 & before break limit down 1381 may play for up, next week not today!( so eu & gu should reach towards the levels expected at down 5560/46 to 5519 & eu 3256 to 3205 . no further top today like gold.)

so all should try up before the levels of concern to reach , if not today , next week. all ok & respect.NY openers to bull again !! before the down next !!
Thanks,
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 35 KB
Click to Enlarge Name: gbpusdh1.png Size: 43 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #345,777
  • Aug 23, 2013 9:15am Aug 23, 2013 9:15am
Quoting Fxmaximus
{quote} Mr Tau Trader. Doing fine here sir. How is your Friday coming along? GBP/CAD...after analyzing Mr. HDA 's tremendous trading insights...well, let's just say... a light came on. Very very tremendous information.
Sir Fx,

I travelled most of the day and was out of town since 07h00 this morning - only got back to my home office now. I only have 2 trades that I am stuck in - long AU and short USD/CAD - but these I will probably be in for the next few weeks.

Thank you for asking.

On GU - no trades till we go into the areas marked. Trust me - these things are not random. Yip, HDA set it out nicely. Have to respect that.

All the best to you!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 115 KB
  • #345,778
  • Aug 23, 2013 9:46am Aug 23, 2013 9:46am
Quoting TauTrader
How y'all doing?
So far, so Good ... what about you tau..
Enter Signature
  • #345,779
  • Aug 23, 2013 9:48am Aug 23, 2013 9:48am
Quoting basitata
{quote} So far, so Good ... what about you tau..
good day, Basitata

Hanging in there..

Waiting...

All the best
  • #345,780
  • Aug 23, 2013 11:51am Aug 23, 2013 11:51am
nice chart..
Revenge of Scalper
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