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Cable Update (GBPUSD)

  • #370,441
  • Apr 4, 2014 2:51am Apr 4, 2014 2:51am
Quoting ruffryders
{quote} agreed. looks OK. Would like to, but got all allocated to other crosses.
you're not saying you are all in, right? lol.
  • #370,442
  • Apr 4, 2014 2:53am Apr 4, 2014 2:53am
Quoting A-speculator
{quote} you're not saying you are all in, right? lol.
pretty much yes, got 40KK tied up now.
  • #370,443
  • Apr 4, 2014 2:56am Apr 4, 2014 2:56am
Quoting elbert3
{quote} morning, i dont know if you use this site, danska bank looking long and there are sell orders 6715 , i dont know how reliable it is http://www.fxstreet.com/analysis/trading-positions/ regards ,ps i see you went long, me to at the 50 fib yesterday up till midnight and took it off 21 pip win, i am glad i did now gl today look forward to your charts
morning.

I do not know what to say. I can not change your way of thinking. You constantly analyze Fibo, MA levels and other indicators. I analyze only very many lines. I apply a single rule. You make a synthesis of many rules. I believe my lines. Do you believe all of these indicators?
Look. Today I built a new fan. These are a lot of new lines. And the price go right at them. I apply the "rule at all angles." To me it seems simple and logical. Whether the movement is to Fibo 50%? Depends only on the time.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 60 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,444
  • Apr 4, 2014 2:56am Apr 4, 2014 2:56am
just buy buy gbp its golden time
  • #370,445
  • Apr 4, 2014 2:59am Apr 4, 2014 2:59am
Quoting godim
{quote} morning. I do not know what to say. I can not change your way of thinking. You constantly analyze Fibo, MA levels and other indicators. I analyze only very many lines. I apply a single rule. You make a synthesis of many rules. I believe my lines. Do you believe all of these indicators? Look. Today I built a new fan. These are a lot of new lines. And the price go right at them. I apply the "rule at all angles." To me it seems simple and logical. Whether the movement is to Fibo 50%? Depends only on the time. {image}
can you put gbus chart on please, and i am sorry but i cannot understand yours,, respectfully ,
  • #370,446
  • Apr 4, 2014 3:00am Apr 4, 2014 3:00am
Quoting usman ashraf
just buy buy gbp its golden time
right, looks especially promising sub - 6565 level.
  • #370,447
  • Apr 4, 2014 3:01am Apr 4, 2014 3:01am
i get the feeling that my PO won't be trigger.. oh well, let it be..

GJ almost come close to my price of interest at about 172.50..
  • #370,448
  • Apr 4, 2014 3:02am Apr 4, 2014 3:02am
Quoting ill_be_back
Long GJ 172.186 SL 172.037 TP 173.100
OUT @ 172.346
A good trader follows his rules, but great trader knows when to break them
  • #370,449
  • Apr 4, 2014 3:02am Apr 4, 2014 3:02am
Quoting godim
{quote} morning. I do not know what to say. I can not change your way of thinking. You constantly analyze Fibo, MA levels and other indicators. I analyze only very many lines. I apply a single rule. You make a synthesis of many rules. I believe my lines. Do you believe all of these indicators? Look. Today I built a new fan. These are a lot of new lines. And the price go right at them. I apply the "rule at all angles." To me it seems simple and logical. Whether the movement is to Fibo 50%? Depends only on the time. {image}
when you went long yesterday what was that based on can i ask, then i might understand your way of thinking,,this is wrote respectfully as, one could read it as not , regards
  • #370,450
  • Apr 4, 2014 3:05am Apr 4, 2014 3:05am
Quoting godim
{quote} morning. I do not know what to say. I can not change your way of thinking. You constantly analyze Fibo, MA levels and other indicators. I analyze only very many lines. I apply a single rule. You make a synthesis of many rules. I believe my lines. Do you believe all of these indicators? Look. Today I built a new fan. These are a lot of new lines. And the price go right at them. I apply the "rule at all angles." To me it seems simple and logical. Whether the movement is to Fibo 50%? Depends only on the time. {image}
i have just took long , gold gbpnz off emas and fib lines so we will see if what i do works for me, again respectfully
  • #370,451
  • Apr 4, 2014 3:06am Apr 4, 2014 3:06am
Quoting A-speculator
i get the feeling that my PO won't be trigger.. oh well, let it be.. GJ almost come close to my price of interest at about 172.50..
GJ stops 15 pips lower from my price , what a boring friday..

maybe during US session we might see some action..
  • #370,452
  • Apr 4, 2014 3:07am Apr 4, 2014 3:07am
Quoting A-speculator
i get the feeling that my PO won't be trigger.. oh well, let it be.. GJ almost come close to my price of interest at about 172.50..
I'd wait for 172 break and re-test before short selling. 172.30 looks like support still and potential DB @ M30. just be careful.
  • #370,453
  • Apr 4, 2014 3:12am Apr 4, 2014 3:12am
Quoting ruffryders
{quote} I'd wait for 172 break and re-test before short selling. 172.30 looks like support still and potential DB @ M30. just be careful.
too low if want to sell at current price, i only interested in 172.50 or if price unable to reach there, will enter on retest after i see significant momentum.. but UJ on the other hand..
  • #370,454
  • Apr 4, 2014 3:16am Apr 4, 2014 3:16am
gbpusd 16558, target 16615, 6717.........gbjy 172,29 target 172,61,,,,,,,,,,gold 1267.5 target 1284,,,gbpnz 1936 target 19553,,19705 all sl to manage
  • #370,455
  • Apr 4, 2014 3:20am Apr 4, 2014 3:20am
Quoting elbert3
gbpusd 16558, target 16615, 6717.........gbjy 172,29 target 172,61,,,,,,,,,,gold 1267.5 target 1284,,,gbpnz 1936 target 19553,,19705 all sl to manage
all are aggressive,
  • #370,456
  • Apr 4, 2014 3:29am Apr 4, 2014 3:29am
Quoting elbert3
{quote} all are aggressive,
how can you consider long GJ bro since we don't know if price able to rise.. 4h and daily are pointing south..

that is why i'm waiting, i don't even know it will get there but what i know based on candles, high probability it will go down..
  • #370,457
  • Apr 4, 2014 3:35am Apr 4, 2014 3:35am
Quoting A-speculator
{quote} how can you consider long GJ bro since we don't know if price able to rise.. 4h and daily are pointing south.. that is why i'm waiting, i don't even know it will get there but what i know based on candles, high probability it will go down..
just a hope on that come of 38 pull back yesterday 4 hour chart, and if if gbus move up it should take it with it, as said all aggressive gl as son as i can sl and if any tp will be on them
  • #370,458
  • Apr 4, 2014 3:37am Apr 4, 2014 3:37am
Quoting elbert3
{quote} just a hope on that come of 38 pull back yesterday 4 hour chart, and if if gbus move up it should take it with it, as said all aggressive gl as son as i can sl and if any tp will be on them
i see.. you've got balls of steel bro..

good luck on your trade, mate.
  • #370,459
  • Apr 4, 2014 3:44am Apr 4, 2014 3:44am
my target for GJ on weekly point of view is about 165.. so, quite a lot of pips there, don't mind if I unable to get my price today, slightly lower price will do..
  • #370,460
  • Apr 4, 2014 3:46am Apr 4, 2014 3:46am
Quoting elbert3
{quote} when you went long yesterday what was that based on can i ask, then i might understand your way of thinking,,this is wrote respectfully as, one could read it as not , regards
Yes. I'm talking in general. And the graph is for the euro. For cable just do not have graphic M15.
What is the specific situation of the cable. There is clear support and resistance. They form a triangle. We can assume that the price to the NFP will remain inside. Maybe!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 55 KB


As a rule, for all angles when there is resistance from 1x1 (level 6611) normal price will strive to reach 1x2 (level 6538).
While support, however, is by one angle of a long while. We just still have to apply the rule to all angles. Then we need to know where the next angle.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_d1.gif Size: 95 KB


So appears my expectation to rise. It is not new. But it must the support to pass. Should not the price to drop even one pip below.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
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