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Cable Update (GBPUSD)

  • #358,181
  • Jan 13, 2014 3:03am Jan 13, 2014 3:03am
Quoting chazzle
{quote} sneaky bastards ... however ... can't be long till that momentum is reversed ... bearish unless 450 comfortably re-taken ... then neutral till 470


Let me help you out here:

Look at my chart and show me where you see a bearish sign?

80% of trend reversals fail...

I'd advise you to go and study Buy and Sell vacuums... Will change your whole perspective on PA
Attached Image (click to enlarge)
Click to Enlarge Name: ff.png Size: 101 KB
@pawpaw1000 on Twitter
  • #358,182
  • Jan 13, 2014 3:03am Jan 13, 2014 3:03am
Quoting chazzle
{quote} sneaky bastards ... however ... can't be long till that momentum is reversed ... bearish unless 450 comfortably re-taken ... then neutral till 470
good cal just on 1min now see when i can get good comfirming signals looking to come off 50ema which is about 4405 on 1min usdchf is going long too ,
  • #358,183
  • Jan 13, 2014 3:05am Jan 13, 2014 3:05am
Quoting pawpaw1000
{quote} Let me help you out here: Look at my chart and show me where you see a bearish sign? 80% of trend reversals fail... I'd advise you to go and study Buy and Sell vacuums... Will change your whole perspective on PA {image}
but 20% dont i will be in the 20% for now that means the reward should be greater, with respect
  • #358,184
  • Jan 13, 2014 3:07am Jan 13, 2014 3:07am
Quoting pawpaw1000
Let me help you out here: Look at my chart and show me where you see a bearish sign?
here
Attached Image (click to enlarge)
Click to Enlarge Name: paw.PNG Size: 170 KB
  • #358,185
  • Jan 13, 2014 3:08am Jan 13, 2014 3:08am
Quoting elbert3
{quote} but 20% dont i will be in the 20% for now that means the reward should be greater, with respect


As most people think they are... Great to see the psychology of traders here on the forum! All newbies think they are in the top 20% that can see exactly when the market reverses, you will be wiped out soon...

Keep it up
@pawpaw1000 on Twitter
  • #358,186
  • Jan 13, 2014 3:09am Jan 13, 2014 3:09am
Quoting chazzle
{quote} here {image}


You are pointing to the 1st leg of a two legged correction... HELLO?

EDIT: I'll be going long very soon I think...
@pawpaw1000 on Twitter
  • #358,187
  • Jan 13, 2014 3:13am Jan 13, 2014 3:13am
Quoting pawpaw1000
{quote} As most people think they are... Great to see the psychology of traders here on the forum! All newbies think they are in the top 20% that can see exactly when the market reverses, you will be wiped out soon... Keep it up
I thought this, but now i'm just going to stop fighting against the trend. Went long too early and lost a few pips. Back in long now at 1.6437 - wish me luck...
  • #358,188
  • Jan 13, 2014 3:16am Jan 13, 2014 3:16am
Quoting pawpaw1000
. HELLO?
you crack me up
  • #358,189
  • Jan 13, 2014 3:16am Jan 13, 2014 3:16am
Quoting Griffo
{quote} I thought this, but now i'm just going to stop fighting against the trend. Went long too early and lost a few pips. Back in long now at 1.6437 - wish me luck...
Want a sure way to get good entries intraday? Draw a fib of the daily range of Friday, from the highest spike to the lowest spike down on m15 and have a look where we are.

Just one tool, many others in the box, when they line up, you get really good levels
@pawpaw1000 on Twitter
  • #358,190
  • Jan 13, 2014 3:18am Jan 13, 2014 3:18am
Quoting pawpaw1000
1st leg of a two legged correction...
not even an m15 close > it's mid
  • #358,191
  • Jan 13, 2014 3:19am Jan 13, 2014 3:19am
Quoting chazzle
{quote} here {image}
took profit short again 4405
  • #358,192
  • Jan 13, 2014 3:19am Jan 13, 2014 3:19am
Quoting chazzle
{quote} not even an m15 close > it's mid
You aren't calculating the legs right... I posted that chart many times before, go have a look...

EDIT: I'm not long yet, we should test lower once more on lower TF's
@pawpaw1000 on Twitter
  • #358,193
  • Jan 13, 2014 3:33am Jan 13, 2014 3:33am
Quoting pawpaw1000
{quote} You aren't calculating the legs right... I posted that chart many times before, go have a look...
GU H4 M15

quicker if I use my own ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: guh4.PNG Size: 46 KB
Click to Enlarge Name: gum15.PNG Size: 36 KB
  • #358,194
  • Jan 13, 2014 3:34am Jan 13, 2014 3:34am
Quoting pawpaw1000
{quote} You aren't calculating the legs right... I posted that chart many times before, go have a look... EDIT: I'm not long yet, we should test lower once more on lower TF's
we might have confirmed long at 1.6421 i bottle out my short and went long 1.6425 but just managing at this time on the lower times watching 1.6450
  • #358,195
  • Jan 13, 2014 3:37am Jan 13, 2014 3:37am
Quoting chazzle
{quote} GU H4 M15 quicker if I use my own ... {image} {image}


Have a look at H1 and take the open of the breakout candle... at the top

The two legs were exactly 126 pips each... That should give you a good hint, and that is also how I know I am right ;-)
@pawpaw1000 on Twitter
  • #358,196
  • Jan 13, 2014 3:42am Jan 13, 2014 3:42am
Quoting pawpaw1000
{quote} You aren't calculating the legs right... I posted that chart many times before, go have a look... EDIT: I'm not long yet, we should test lower once more on lower TF's


Here we go...
@pawpaw1000 on Twitter
  • #358,197
  • Jan 13, 2014 4:01am Jan 13, 2014 4:01am
Going to look for a long scalp - 15 min chart - just for a few..

Regards
  • #358,198
  • Jan 13, 2014 4:03am Jan 13, 2014 4:03am
Quoting TauTrader
Going to look for a long scalp - 15 min chart - just for a few.. Regards


Ek wag vir n toets van 6427... Wil self hier begin koop maar skat dis nie net kort termyn nie en kan die begin wees van die beweeging op om 6600 te toets.

sterkte ;-)
@pawpaw1000 on Twitter
  • #358,199
  • Jan 13, 2014 4:04am Jan 13, 2014 4:04am
from daily ,
chances of taking high today is low probability imo
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD d1 Spot.png Size: 50 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,200
  • Jan 13, 2014 4:08am Jan 13, 2014 4:08am
small range scalped on the one min but it think the next move up to 1.6450 might be its last then continue down trawled the net i can see danska bank looking to buy at 1.6350
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