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Cable Update (GBPUSD)

  • #372,661
  • Apr 22, 2014 2:47am Apr 22, 2014 2:47am
Quoting beryl
I'm pissed off with these movements up & down...there is no indicator for couple of days to shows something different from sell
easy tiger lol .. morning all ,
  • #372,662
  • Apr 22, 2014 2:47am Apr 22, 2014 2:47am
Quoting whitescalper
{quote} Just moved my stop to 1.68063
trail hit .. +25 Pips on that long trade total
  • #372,663
  • Apr 22, 2014 3:10am Apr 22, 2014 3:10am
Quoting A-speculator
{quote} i told the same thing too before.. lol.
Quoting godim
{quote} Even the criterion to be violated movement can be such that there is a level above 6800. {image}
Your only one problem is that you do not believe. Things just happen. The reason is the lines of fans.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 57 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,664
  • Apr 22, 2014 3:23am Apr 22, 2014 3:23am
Hello thread readers,

Hope everyone that had one enjoyed the Easter break...back to it now.

Monthly is remaining constructive in that range having broken the falling trend line pulled back to it and made a new high. Weekly and Daily are in uptrend, 4hr looks constructive and 1hr is rangy.

Best Wishes.
it's all gone a bit........
  • #372,665
  • Apr 22, 2014 3:41am Apr 22, 2014 3:41am
Quoting godim
{quote} {quote} Your only one problem is that you do not believe. Things just happen. The reason is the lines of fans. {image}
Why I write in this thread?
Most popular threads are eur/usd and gbp/usd. I think in the thread eur/usd write "A-team". Knowledgeable and able traders. And here in this thread, write "B-team". Traders who want to learn and experiment. My posts are directed towards these traders. I know that you are unable to perceive all my writings. But I try to make you think a little differently. I think it is not difficult.
When I am confronted with people from "A-team", I'm powerless to change their thinking. They are knowledgeable and competent. They believe their MA, Fibo, S / R areas and many others. I do not even know them all.
When the resistance of the "A-team" become very strong, I ask myself: why do you do this? Cover me nihilistic view sentiments and then I stop writing. For a few months or forever. In me should reappear desire for dialogue.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,666
  • Apr 22, 2014 3:48am Apr 22, 2014 3:48am
eur/usd
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 64 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 50 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,667
  • Apr 22, 2014 3:57am Apr 22, 2014 3:57am
Quoting godim
{quote} Let us continue to have fun. Whether the price will repeat these three trends? {image}
Configuration is complete. With regard to the timing and format. If we assume that this is true, we can expect TrendUp for 28 days.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_daily.gif Size: 60 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,668
  • Apr 22, 2014 4:02am Apr 22, 2014 4:02am
what is the reason of gbpusd going up
  • #372,669
  • Apr 22, 2014 4:03am Apr 22, 2014 4:03am
Quoting usman ashraf
what is the reason of gbpusd going up
Buyers
Ghost Rider - WWTBMD?
  • #372,670
  • Apr 22, 2014 4:10am Apr 22, 2014 4:10am
Quoting godim
Conclusions. Although the probability of reversal is well below 50%, such an is now on track to take place. Hope for bulls only LastLine of Defense and MainDiagonal. As last week for reversal takes at least two more days with lower lows. In other words, as early as Wednesday, I will be able to draw new bear fan.
This has already happened. On Wednesday I will build a new bear fan.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 67 KB

We can expect the bulls to try to eliminate it merely today.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,671
  • Apr 22, 2014 4:11am Apr 22, 2014 4:11am
Whats the target?
  • #372,672
  • Apr 22, 2014 4:16am Apr 22, 2014 4:16am
Quoting godim
{quote} {quote} Your only one problem is that you do not believe. Things just happen. The reason is the lines of fans. {image}
The support is at 6817. The price should not fall below that level. It is then possible to attack 6868.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 57 KB

Attached Image (click to enlarge)
Click to Enlarge Name: TABLICA_01.png Size: 16 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,673
  • Apr 22, 2014 4:19am Apr 22, 2014 4:19am
Anyone have any idea why the market has had such low volume this year? Daily ranges on everything have been reduced, so many false breakouts and deep correctional moves, very few fluent moves/trends... Very frustrating market conditions. Any Ideas on when this may change?
  • #372,674
  • Apr 22, 2014 4:38am Apr 22, 2014 4:38am
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Attached Image
  • #372,675
  • Apr 22, 2014 4:38am Apr 22, 2014 4:38am
Quoting Freshpips
Anyone have any idea why the market has had such low volume this year? Daily ranges on everything have been reduced, so many false breakouts and deep correctional moves, very few fluent moves/trends... Very frustrating market conditions. Any Ideas on when this may change?
I have an OPINION - and it is only an OPINION - i am probably wrong, but looking at say the cable, u notice how totally computerised the trading is, and as such i think human interface is limited and as such trading systems for lets say the big boys can justitfy more profit with less movement, this is just my take but it seems logical - BUY on the Cable btw at 168 plus 10 pips .. i mean who do they put first their clients or themselves? JUST AN OPINION BTW ..
  • #372,676
  • Apr 22, 2014 4:39am Apr 22, 2014 4:39am
Quoting elbert3
{quote} easy tiger lol .. morning all ,
morning Elbert just got back.. lol ok buy on cable .. 168 zone
  • #372,677
  • Apr 22, 2014 4:44am Apr 22, 2014 4:44am
Quoting DerekTrotter
{quote} I have an OPINION - and it is only an OPINION - i am probably wrong, but looking at say the cable, u notice how totally computerised the trading is, and as such i think human interface is limited and as such trading systems for lets say the big boys can justitfy more profit with less movement, this is just my take but it seems logical - BUY on the Cable btw at 168 plus 10 pips .. i mean who do they put first their clients or themselves? JUST AN OPINION BTW ..
You may well be right... Whos to say what the cause is? All I know, is that comparing this time last year and the movement we saw, against the movement of the markets so far this year, something is not quite right... So many range bound moves, then price breaks as if to start moving, only to have a correctional move. I have seen so few actual trends this year. Sometimes, price is trading in a range less than 20 pips for hours. Its crazy when you think last year saw moves of 150/200 pips on certain days. Something very strange going on...
  • #372,678
  • Apr 22, 2014 4:47am Apr 22, 2014 4:47am
Well, i'm short on GBP/USD. Will be my first negative result if you guys are correct.


Greetings,
N
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,679
  • Apr 22, 2014 4:48am Apr 22, 2014 4:48am
Quoting Freshpips
{quote} You may well be right... Whos to say what the cause is? All I know, is that comparing this time last year and the movement we saw, against the movement of the markets so far this year, something is not quite right... So many range bound moves, then price breaks as if to start moving, only to have a correctional move. I have seen so few actual trends this year. Sometimes, price is trading in a range less than 20 pips for hours. Its crazy when you think last year saw moves of 150/200 pips on certain days. Something very strange going on...
Its interesting u mention this as i have been thinking the same looking back at charts, perhaps these days they can increase their leverage and stay in less time on those 3 pip 5 pip and 7 to 10 pip moves i mean can u imagine what a pro trader has for spread with the major players.. ). 0 point what? as a spread and u do see all the time those block three pip moves plus so that is my take .. just go with the flow if its poss ..
  • #372,680
  • Apr 22, 2014 4:48am Apr 22, 2014 4:48am
Quoting Nocturnes
Well, i'm short on GBP/USD. Will be my first negative result if you guys are correct. Greetings, N
REALLY ? u sure ?
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