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Cable Update (GBPUSD)

  • #377,981
  • May 16, 2014 11:12am May 16, 2014 11:12am
Quoting Red Alert
{quote} Hi Chris, yes I am sure He still following this thread, I think He will be back after the price in his comfort zone..... and I hope that...
Well, he's still holding those trades so I guess it's still in his comfort zone. Of course we can never be sure but I think he may have to wait a bit longer now.

All I know I consider him a friend and I hope in the end it all works out for him.
Ghost Rider - WWTBMD?
  • #377,982
  • May 16, 2014 11:18am May 16, 2014 11:18am
Quoting Red Alert
{quote} Let see how weekly candle will be closed, if this closed bearish, I Prefer keep my short next week ...
Candles can be important but SR is more so. I wish you all the best Red but I personally would not be selling this now. That time has past from the top for this correction I think. At least that's what my charts still tell me "as of now". But as always, we shall see.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 56 KB
Ghost Rider - WWTBMD?
  • #377,983
  • May 16, 2014 11:19am May 16, 2014 11:19am
Quoting Kajos2250
The W candle formation can not close bearish already! {image}
I don't expecting much, just 40 pips down from here, that's enough, I have good week with good result, but now I have a bad day,
owww, this is Friday anyway, .... I hate friday
  • #377,984
  • May 16, 2014 11:22am May 16, 2014 11:22am
Quoting albchr
{quote} Candles can be important but SR is more so. I wish you all the best Red but I personally would not be selling this now. That time has past from the top for this correction I think. At least that's what my charts still tell me "as of now". But as always, we shall see. {image}
Thank you for suggestion, cut loss is other option.... it's not far from here.....
we have possibility to down 30 pips and if this true I will take it ....
  • #377,985
  • May 16, 2014 11:29am May 16, 2014 11:29am
Quoting Red Alert
{quote} Thank you for suggestion, cut loss is other option.... it's not far from here..... we have possibility to down 30 pips and if this true I will take it ....
I'd be surprised to see a 30 pip move in any direction at this time on a Friday. But it's not impossible I guess.

But I wonder why you think that? Could you post a chart with your reasons? Maybe you're seeing something I'm not and if so, I'd like to close this long before it falls. I've had a good week too and I'd hate to end it with a loss.
Ghost Rider - WWTBMD?
  • #377,986
  • May 16, 2014 11:30am May 16, 2014 11:30am
Quoting Kajos2250
{quote} Friday profit taking will create my hanging man and let's ride
Waiting some retrace if any will be, to strength my longs. Maybe ~6800 the deeper level to add...
I hope the daily bearish correction trend will be over and the condition of it will show the next week!
We will see.

Guud luck!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdmicrodaily.png Size: 42 KB
Anything is math!
  • #377,987
  • May 16, 2014 11:42am May 16, 2014 11:42am
Quoting albchr
{quote} I'd be surprised to see a 30 pip move in any direction at this time on a Friday. But it's not impossible I guess. But I wonder why you think that? Could you post a chart with your reasons? Maybe you're seeing something I'm not and if so, I'd like to close this long before it falls. I've had a good week too and I'd hate to end it with a loss.
The price already above white cloud, we have flat sen kou span which will attract price to test the level, the possibility for retest is within 12 hourly candle (flat senkou span, it will touch TS red flat line (tenkan sen) first, it based on my observation how price action in this ichimoku pattern, if not confirm, i will cut lost
Attached Image
  • #377,988
  • May 16, 2014 11:51am May 16, 2014 11:51am
Quoting Red Alert
{quote} The price already above white cloud, we have flat sen kou span which will attract price to test the level, the possibility for retest is within 12 hourly candle (flat senkou span, it will touch TS red flat line (tenkan sen) first, it based on my observation how price action in this ichimoku pattern, if not confirm, i will cut lost {image}
I have seen that before. What would be the confirmation? Just touching the tankan sen within 12 hours? Or is it something else?
Ghost Rider - WWTBMD?
  • #377,989
  • May 16, 2014 11:53am May 16, 2014 11:53am
HELLO GIVEACHANCE,

You ask, how many account have I blown?I love that questions?

Honestly, if any one claim to be pro trader, that sholud be the first question to really aanswer and answered well.

Yes! for cable, I will remain short and with a good RR configuration.

However,I believe that is my personall opinion but whta do you guys think of cable?

I don't want to close my Bear position but for Friday..........?
Whatever the mind can Conceive, it can achieve it.
  • #377,990
  • May 16, 2014 11:55am May 16, 2014 11:55am
That was close...LOL
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #377,991
  • May 16, 2014 12:03pm May 16, 2014 12:03pm
Quoting albchr
{quote} I have seen that before. What would be the confirmation? Just touching the tankan sen within 12 hours? Or is it something else?
seems like we will have a cross of red line and blue line (ts and KS), if ts under ks (red under blue), it is good sign for my plan..... as long as red under blue, mean price tend to going up....
  • #377,992
  • May 16, 2014 12:07pm May 16, 2014 12:07pm
Quoting Red Alert
{quote} seems like we will have a cross of red line and blue line (ts and KS), if ts under ks (red under blue), it is good sign for my plan..... as long as red under blue, mean price tend to going up....
So if red crosses over blue, you better cut for a loss because it failed, right?
Ghost Rider - WWTBMD?
  • #377,993
  • May 16, 2014 12:08pm May 16, 2014 12:08pm
Quoting godim
{quote} Special chart for yanitsa. {image}
Thanks
The upper blue line coinsides ( more or less ) with 50 % fibo .
What is this type of analisys , never seen it before ....
  • #377,994
  • May 16, 2014 12:12pm May 16, 2014 12:12pm
Quoting albchr
{quote} So if red crosses over blue, you better cut for a loss because it failed, right?
Yess.. exzatctly......

next time I will try to do opposite of what my usual method in Friday, may be it will work
  • #377,995
  • May 16, 2014 12:14pm May 16, 2014 12:14pm
Quoting Red Alert
{quote} Yess.. exzatctly...... next time I will try to do opposite when Friday, may be it will work
LOL... well I'm sorry if it doesn't work out for you today but thank you for taking the time to explain it to me. Respect...
Ghost Rider - WWTBMD?
  • #377,996
  • May 16, 2014 12:19pm May 16, 2014 12:19pm
Quoting albchr
{quote} LOL... well I'm sorry if it doesn't work out for you today but thank you for taking the time to explain it to me. Respect...
You're well come brother, I also learn from what you shared here...
  • #377,997
  • May 16, 2014 12:26pm May 16, 2014 12:26pm
Hello guys. This is my first time to write on this thread, but I've been following and reading everyone's contributions here since I became a member last year. I would like to thank you all, I used most advices from here on my real trades. However, can someone help clear the air about US dollar. What I been reading is quite disturbing.
taro
  • #377,998
  • May 16, 2014 12:31pm May 16, 2014 12:31pm
Quoting Red Alert
{quote} You're well come brother, I also learn from what you shared here...
And that is what the forum is all about.
Ghost Rider - WWTBMD?
  • #377,999
  • May 16, 2014 12:41pm May 16, 2014 12:41pm
Quoting yanitsa
{quote} Thanks The upper blue line coinsides ( more or less ) with 50 % fibo . What is this type of analisys , never seen it before ....
These are the fans of Gann.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #378,000
  • May 16, 2014 1:01pm May 16, 2014 1:01pm
Quoting godim
{quote} These are the fans of Gann.
I know Gann, but thes looked a bit different , no ?
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