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Cable Update (GBPUSD)

  • #361,161
  • Jan 28, 2014 1:32pm Jan 28, 2014 1:32pm
Quoting ffleo
{quote} no matter they are fundamentals and sentiment, they have to show up in the charts as a price trace. When they show up in the charts as a price trace, they become technically visible.
I think so to.
If the broad based fundamentals drive the markets, then it's footprint will show up on the charts.
An individual news item on its own is not going to shift sentiment unless it's the beginning phase of a new sentiment.
The problem is, broad based sentiment is not always known as cogs and wheels turn that retailers may not be aware of.

Fundy or tech, I think we see what we train ourselves to see.
Come with me if you want to live....
  • #361,162
  • Jan 28, 2014 1:33pm Jan 28, 2014 1:33pm
Quoting 45Condor
{quote} {quote} {quote} ... Indeed, closer inspections of the chaps at the top will reveal that a great many are sitting in governmental seats, but have their roots in the financial institutions that they are so set on protecting... one needs a job after leaving official office. ...
They also protect their financial interests and most hold large stock positions.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #361,163
  • Jan 28, 2014 1:35pm Jan 28, 2014 1:35pm
Quoting trader luke
it seems nice - scope about 100 pips {image}

Anyone care to update this diamond? I'm wondering what numbers it will take to break out to the upside. I'd draw one myself, but I'm not at home and I'd like to know when we reverse direction, or break out of it.

Thanks
  • #361,164
  • Jan 28, 2014 1:37pm Jan 28, 2014 1:37pm
i see another leg up coming by tomorrow wish all the best
  • #361,165
  • Jan 28, 2014 2:44pm Jan 28, 2014 2:44pm
Quoting Baggi
{quote} Anyone care to update this diamond? I'm wondering what numbers it will take to break out to the upside. I'd draw one myself, but I'm not at home and I'd like to know when we reverse direction, or break out of it. Thanks

Well, I guess I got my answer on that one. Har!
  • #361,166
  • Jan 28, 2014 4:21pm Jan 28, 2014 4:21pm
Any idea where GBP will go now ????
  • #361,167
  • Jan 28, 2014 5:21pm Jan 28, 2014 5:21pm
Quoting murtaza24
Any idea where GBP will go now ????
I'm staying out until this blows over.
My shorter term view is short, but if the Feb backflips, the news gap could jump my stop.
Come with me if you want to live....
  • #361,168
  • Jan 28, 2014 5:44pm Jan 28, 2014 5:44pm
Quoting murtaza24
Any idea where GBP will go now ????
I'm FLAT Now...

Today, started Not thinking about FX first.
Continued backup my Data & Indicators for NEW MT4 Platform update


More Important issued in All about MT4 Program, Indicator, Script & EA
Always looking the GREAT, never left GOOD Point...
  • #361,169
  • Jan 28, 2014 6:12pm Jan 28, 2014 6:12pm
carney is speaking again today and I hope he creates a big gap which will be difficult for bernanke to close with his QE gimmicks
  • #361,170
  • Jan 28, 2014 6:26pm Jan 28, 2014 6:26pm
I don't even understand why Ben still has anything to say. Yellen is now in charge, why is Ben still talking?
  • #361,171
  • Jan 28, 2014 6:31pm Jan 28, 2014 6:31pm
Quoting Baggi
I don't even understand why Ben still has anything to say. Yellen is now in charge, why is Ben still talking?
his last FOMC. he will give directions to yellen on what mess has been left behind by him. QE taper will be decided by yellen but it will be masterpieced by Ben
  • #361,172
  • Jan 28, 2014 6:51pm Jan 28, 2014 6:51pm
Nothing exciting going on anywhere. Plenty of opportunity to scalp tonight. Just like every other time, I expect it to just bounce around till the FOMC announcement.
  • #361,173
  • Jan 28, 2014 7:19pm Jan 28, 2014 7:19pm
Here is my chart of GBP/USD.

Attached Image (click to enlarge)
Click to Enlarge Name: Arrows.JPG Size: 171 KB


I discovered something interesting about the arrows (red and green) tonight when I was looking back over the past few weeks.

Does anyone know whose system this is? I don't remember where I got these red and green arrows from.
  • #361,174
  • Jan 28, 2014 7:38pm Jan 28, 2014 7:38pm
Quoting Baggi
Here is my chart of GBP/USD. {image} I discovered something interesting about the arrows (red and green) tonight when I was looking back over the past few weeks. Does anyone know whose system this is? I don't remember where I got these red and green arrows from.
you don't know whose system it is and you are using the system. big joke?????
  • #361,175
  • Jan 28, 2014 7:56pm Jan 28, 2014 7:56pm
Quoting giveachance
{quote} you don't know whose system it is and you are using the system. big joke?????
I'm using the system?

Where did you get that?
  • #361,176
  • Jan 28, 2014 8:20pm Jan 28, 2014 8:20pm
DXY 1H

Mind the Gap
Attached Image (click to enlarge)
Click to Enlarge Name: DXY 1H.png Size: 29 KB
  • #361,177
  • Jan 28, 2014 8:29pm Jan 28, 2014 8:29pm
Quoting Baggi
Here is my chart of GBP/USD. {image} I discovered something interesting about the arrows (red and green) tonight when I was looking back over the past few weeks. Does anyone know whose system this is? I don't remember where I got these red and green arrows from.
Google is your friend

... Browser search multi-time frame MACD Signal v 1.1

Result

http://www.forexfactory.com/showthread.php?t=444196
  • #361,178
  • Jan 28, 2014 8:33pm Jan 28, 2014 8:33pm
Quoting JimmyC
{quote} Google is your friend ... Browser search multi-time frame MACD Signal v 1.1 Result http://www.forexfactory.com/showthread.php?t=444196

Sorry for the confusion, JimmyC, but that's not what I was looking for.

You're looking at the bottom of the picture with the Red, Gray and Blue bars? I'm talking about the arrows. If you look above the bars, there are arrows that appear on the actual chart that are Red or Green depending on whether it's up or down.

Again, I apologize for the confusion.
  • #361,179
  • Jan 28, 2014 8:37pm Jan 28, 2014 8:37pm
Quoting Baggi
{quote} Sorry for the confusion, JimmyC, but that's not what I was looking for. You're looking at the bottom of the picture with the Red, Gray and Blue bars? I'm talking about the arrows. If you look above the bars, there are arrows that appear on the actual chart that are Red or Green depending on whether it's up or down. Again, I apologize for the confusion.
You mean the buy and sell signals the system is putting on your chart?
  • #361,180
  • Jan 28, 2014 8:39pm Jan 28, 2014 8:39pm
Quoting JimmyC
{quote} You mean the buy and sell signals the system is putting on your chart?

http://assets.forexfactory.net/images/attach/ex4.gif MTF MACD Signal v1.1.ex4 8 KB | 1,683 download | Uploaded Sep 12, 2013 2:14pm
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