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Cable Update (GBPUSD)

  • #392,461
  • Aug 8, 2014 12:36pm Aug 8, 2014 12:36pm
Quoting sami4240
{quote} off topic but... DID you notice the last friday on EURUSD... up on friday and then next week traded below 3400...today same thing is happening
It must be random. In forex seasonalities aren't reliable. If you're interested in seasonals , check out AGs and commodities.
Hear the music before the song is over ...
  • #392,462
  • Aug 8, 2014 12:41pm Aug 8, 2014 12:41pm
I hope you can see there is no buy ,consolidation at best at this point
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #392,463
  • Aug 8, 2014 12:42pm Aug 8, 2014 12:42pm
Quoting GlobalMacro
{quote} Good to see you , Jeff. Makes me feel 6 years younger I see your wave 5 near , how do you assess importance of this level ?
Should touch 1.6748x on sun/mon
A good trader follows his rules, but great trader knows when to break them
  • #392,464
  • Aug 8, 2014 12:42pm Aug 8, 2014 12:42pm
cable will go to 1.6500 min
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #392,465
  • Aug 8, 2014 12:45pm Aug 8, 2014 12:45pm
Quoting Bones
cable will go to 1.6500 min

and what will be the maximum target ?
  • #392,466
  • Aug 8, 2014 12:46pm Aug 8, 2014 12:46pm
Quoting elbert3
{quote} whats that mean
If you figure that out and stick to it , I do a TGIF jeep -- drinks on me. Deal ?
Hear the music before the song is over ...
  • #392,467
  • Aug 8, 2014 12:47pm Aug 8, 2014 12:47pm
we can look at d1 and bearish break , and know buy is so high risk ,
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp USD d1 8 no 2 (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #392,468
  • Aug 8, 2014 12:48pm Aug 8, 2014 12:48pm
Quoting sami4240
{quote} reading the thread all the day and comments from HDA. Elbert 3. Bones and some other make me forget to open facebook since this morning and now its 22.20 here at my place lol.. more fun than FB
Not only fun, there are priceless advise from certain people that if you happen to chance upon, will change your life.

Looking at your charts for a period of time, will improve your chart reading skill. This advise was given to me by also a very experience trader.
I ask him why was he so precise in his numbers right up to a +/- 2pip during major moves. He knows exactly where it will take a "break" before it continues its move or a re-trace to a certain level before continuing the direction. He told me this "Lots of screen time"
  • #392,469
  • Aug 8, 2014 12:49pm Aug 8, 2014 12:49pm
  • #392,470
  • Aug 8, 2014 12:51pm Aug 8, 2014 12:51pm
dose it make sense that is a inverted hammer ,

Quoting sami4240
{quote} and what will be the maximum target ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD w1 8 (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #392,471
  • Aug 8, 2014 12:58pm Aug 8, 2014 12:58pm
Quoting ill_be_back
{quote} Should touch 1.6748x on sun/mon
It's friday , who knows someone may panic and drop em. Tiny little problem: equities rising.
Hear the music before the song is over ...
  • #392,472
  • Aug 8, 2014 1:04pm Aug 8, 2014 1:04pm
Quoting Anti_Losses
{quote} Not only fun, there are priceless advise from certain people that if you happen to chance upon, will change your life. Looking at your charts for a period of time, will improve your chart reading skill. This advise was given to me by also a very experience trader. I ask him why was he so precise in his numbers right up to a +/- 2pip during major moves. He knows exactly where it will take a "break" before it continues its move or a re-trace to a certain level before continuing the direction. He told me this "Lots of screen time"



you are right... even am not taking any classes or geting any education about forex... i start understanding charts shared by different people... trading without forex education is like a Suicide... and am about to done with it... lol
  • #392,473
  • Aug 8, 2014 1:04pm Aug 8, 2014 1:04pm
Quoting GlobalMacro
{quote} It's friday , who knows someone may panic and drop em. Tiny little problem: equities rising.
If it Does My pending BUY id Ready at 1.67510
The reason I think Sun/Mon is because GJ will go up to todays Open before more DOWN on SUN/MON & will Drag GU up a little
A good trader follows his rules, but great trader knows when to break them
  • #392,474
  • Aug 8, 2014 1:08pm Aug 8, 2014 1:08pm
Quoting ill_be_back
{quote} If it Does My pending BUY id Ready at 1.67510
scalp or longer ?
Hear the music before the song is over ...
  • #392,475
  • Aug 8, 2014 1:09pm Aug 8, 2014 1:09pm
Quoting GlobalMacro
{quote} scalp or longer ?
Normally I Don't do Longer But will Try Position This Time
A good trader follows his rules, but great trader knows when to break them
  • #392,476
  • Aug 8, 2014 1:17pm Aug 8, 2014 1:17pm
Quoting GlobalMacro
{quote} If you figure that out and stick to it , I do a TGIF jeep -- drinks on me. Deal ?
ok
  • #392,477
  • Aug 8, 2014 1:18pm Aug 8, 2014 1:18pm
Quoting TerpFan2
Hey Global Macro, No Doubt... I wish i could "Like" your post here, but this Ain't Facebook, eh? I stayed out a couple yr's, got myself "squared" and 'am doing what i'm doing with Elliot Wave. Here's a Supposed "Chart", i had thought we were done earlier on the End of an A-B-C, but now we've begun a whole 5-wave down, on '15 min chart. -(But that's my interpretation!). Here's what i see, have a happy Friday, "All", Best of All Global & "Chris"... Again, 'Best of 'Pippin', Jeff Out {image}
WOW! Nice to see you pop in Jeff. Been far too long my friend.
Ghost Rider - WWTBMD?
  • #392,478
  • Aug 8, 2014 1:20pm Aug 8, 2014 1:20pm
Quoting GlobalMacro
{quote} If you figure that out and stick to it , I do a TGIF jeep -- drinks on me. Deal ?
http://genome.microbedb.jp/blast/bla.../nr/all1717??? yes mines a bottle of red
  • #392,479
  • Aug 8, 2014 1:20pm Aug 8, 2014 1:20pm
Quoting elbert3
{quote} ok
Hear the music before the song is over ...
  • #392,480
  • Aug 8, 2014 1:26pm Aug 8, 2014 1:26pm
Quoting ill_be_back
{quote} Normally I Don't do Longer But will Try Position This Time
Orite. That makes 2:1 in favor of a bounce.

Any more bids ?

Going for 1 and 2 and ....
Hear the music before the song is over ...
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