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Cable Update (GBPUSD)

  • #357,721
  • Jan 8, 2014 11:00am Jan 8, 2014 11:00am
Quoting Baggi
{quote} We've been hovering around 35% long for some time now. What 10% increase are you talking about?
Last week 3rd Jan we had 28% traders long and this morning it peaked at 40% long. Its a 12% increase. Always interesting to see what the herd is doing.
  • #357,722
  • Jan 8, 2014 11:04am Jan 8, 2014 11:04am
Quoting Baggi
{quote} I would be interested to hear, what, exactly, your opinion is. I'm still not really clear on that.
ok lets try this, i think where still in a minor uptrend and trend will reverse when bottom trend line get broken, so i wont be selling untill bottom trend line get broken
  • #357,723
  • Jan 8, 2014 11:07am Jan 8, 2014 11:07am
1.6150 my first target , 1.5850 next
Attached Image (click to enlarge)
Click to Enlarge Name: 1.6150.png Size: 46 KB
  • #357,724
  • Jan 8, 2014 11:07am Jan 8, 2014 11:07am
Quoting el_duende
{quote} Last week 3rd Jan we had 28% traders long and this morning it peaked at 40% long. Its a 12% increase. Always interesting to see what the herd is doing.
are those forex factory traders?
  • #357,725
  • Jan 8, 2014 11:12am Jan 8, 2014 11:12am
i been working on a new system Based On Your Own Personal Market Sentiment i started a thread on it
  • #357,726
  • Edited 11:38am Jan 8, 2014 11:20am | Edited 11:38am
It seems the pound was just starting to become stronger again, i hope it can hold until end of week or at least for one other day
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh4.png Size: 52 KB
Anything is math!
  • #357,727
  • Jan 8, 2014 11:31am Jan 8, 2014 11:31am
Quoting Kajos2250
It seems the pound was just starting to become stronger, i hope it can hold until end of week or at least for one other day {image}
there's nothing to confirm a downtrend yet so pound will look stronger untill bottom trend line get broken
  • #357,728
  • Jan 8, 2014 12:01pm Jan 8, 2014 12:01pm
1 hour to go http://www.easyfreesmileys.com/smile...mileys-312.gif
  • #357,729
  • Jan 8, 2014 12:09pm Jan 8, 2014 12:09pm
GU H4 GMT+3

It is not favourite candle of the bulls. I am waiting to break of ~6464 resristance then add one more long.
Close both longs if price could close under ~6382.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh4.png Size: 55 KB
Anything is math!
  • #357,730
  • Jan 8, 2014 12:37pm Jan 8, 2014 12:37pm
Quoting PoundTrader
1 hour to go {image}
so you expect cable to rise due to the minutes and have a long-position?
fortis fortuna adiuvat
  • #357,731
  • Edited Jan 9, 2014 4:03am Jan 8, 2014 12:40pm | Edited Jan 9, 2014 4:03am
Here's some trend analysis for various time frames.......
Attached Image (click to enlarge)
Click to Enlarge Name: 1TA.png Size: 26 KB
Hear the music before the song is over ...
  • #357,732
  • Jan 8, 2014 12:41pm Jan 8, 2014 12:41pm
Quoting GlobalMacro
Here's some trend analysis for various time frames I've been working on recently....just experimenting around with it... {image}
Hi GM, can you explain a bit what you name significance, please.

Thank you.
Don't be smart. Be rich.
  • #357,733
  • Edited Jan 9, 2014 2:45am Jan 8, 2014 12:48pm | Edited Jan 9, 2014 2:45am
Quoting maximinus
{quote} Hi GM, can you explain a bit what you name significance, please. Thank you.
Higher significance is an indication of robustness of the analysis, usually highest numbers in the group...in this case > 2
Hear the music before the song is over ...
  • #357,734
  • Jan 8, 2014 12:50pm Jan 8, 2014 12:50pm
Quoting GlobalMacro
Here's some trend analysis for various time frames I've been working on recently....... {image}
Thought you have retired getting filthy rich

Hope you still keep that U/J long from Feb 2013 if I remember correctly.
  • #357,735
  • Jan 8, 2014 12:52pm Jan 8, 2014 12:52pm
Quoting deltaone
{quote} so you expect cable to rise due to the minutes and have a long-position?
i don't expect nothing i just follow my system, when you expect something thats when you get your feelings hurt
  • #357,736
  • Jan 8, 2014 12:56pm Jan 8, 2014 12:56pm
Quoting GlobalMacro
{quote} Higher significance is an indication of robustness of the analysis, usually highest numbers in the group...in this case > 2 I'm still working on it to see how it develops....
Thank you.
Don't be smart. Be rich.
  • #357,737
  • Jan 8, 2014 12:58pm Jan 8, 2014 12:58pm
Quoting PoundTrader
{quote} i don't expect nothing i just follow my system, when you expect something thats when you get your feelings hurt
agreed. same with me. no opinion-trading, no predictions, just trade what you see.
fortis fortuna adiuvat
  • #357,738
  • Jan 8, 2014 12:59pm Jan 8, 2014 12:59pm
Quoting Ken A
{quote} Thought you have retired getting filthy rich Hope you still keep that U/J long from Feb 2013 if I remember correctly.
True true u/j trade was fun took the profit back in the day and came home to cable....

Hope all is well on your side, Ken.
Hear the music before the song is over ...
  • #357,739
  • Jan 8, 2014 12:59pm Jan 8, 2014 12:59pm
Quoting deltaone
{quote} agreed. same with me. no opinion-trading, no predictions, just trade what you see.
  • #357,740
  • Jan 8, 2014 1:12pm Jan 8, 2014 1:12pm
so far overall market sentiment on all pairs are still bullish slowly getting weaker
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