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Cable Update (GBPUSD)

  • #392,601
  • Aug 9, 2014 2:02pm Aug 9, 2014 2:02pm
Quoting ill_be_back
{quote} I want to change side
Want to go LONG?
Fix up, trade sharp ...
  • #392,602
  • Aug 9, 2014 2:22pm Aug 9, 2014 2:22pm
Quoting Hickson
{quote} Want to go LONG?
No SHORT
A good trader follows his rules, but great trader knows when to break them
  • #392,603
  • Aug 9, 2014 2:56pm Aug 9, 2014 2:56pm
Quoting ill_be_back
{quote} No SHORT
I am looking for long next week, but first will wait for PA on Monday.
Fix up, trade sharp ...
  • #392,604
  • Edited 5:50pm Aug 9, 2014 3:00pm | Edited 5:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: MT4cable.png Size: 167 KB
Attached Image (click to enlarge)
Click to Enlarge Name: LiteForex MT4.png Size: 173 KB
  • #392,605
  • Aug 9, 2014 3:08pm Aug 9, 2014 3:08pm
Quoting Hickson
{quote} I am looking for long next week, but first will wait for PA on Monday.
This one is going DOWN
A good trader follows his rules, but great trader knows when to break them
  • #392,606
  • Aug 9, 2014 3:10pm Aug 9, 2014 3:10pm
Quoting ill_be_back
{quote} This one is going DOWN
What makes you so sure? If you sell now, you are selling into support.
Fix up, trade sharp ...
  • #392,607
  • Aug 9, 2014 3:12pm Aug 9, 2014 3:12pm
Quoting ill_be_back
{quote} I want to change side
Order board's closed weekends
Hear the music before the song is over ...
  • #392,608
  • Aug 9, 2014 3:28pm Aug 9, 2014 3:28pm
Sorry to interrupt the lovely dance

During the entire down-move, market has only made 1 attempt to reverse the trend.
My new "line in the sand" needs to be broken & tested before any uptrend.
I'll keep moving the line down until price creates a sign of reversing.
We're getting to an interesting location but market hasn't proven it's a good location yet.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1-1.png Size: 31 KB
  • #392,609
  • Aug 9, 2014 3:35pm Aug 9, 2014 3:35pm
Quoting thodie
{quote} really you made my day, not because of your controversial with chriss NO, that has other reasons, im no pro at fibolevels 1) but i see with the blink of an eye that the fibs you did apply are not respected from the marktet................... even if they are placed right as published in a nice tradingbook or the common use.......... 2) fine so chris does not know what a candle represents, you post a monthly chart but you are talking in your last sentence of a weekly candle in this context i interprete that sentence directly TO THE CHART...

yes u are right..i didnt even realise the chart i posted
however what i have wrote applies..have a look

fibs are all relative..the areas are not definates. The fib is not on the chart for any reason but to show price reached close the 50% of the retrace
your chart u have placed 2 fibs on 2 different swings?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MT4cable.png Size: 167 KB
Click to Enlarge Name: MT4cable1.png Size: 167 KB
  • #392,610
  • Aug 9, 2014 3:47pm Aug 9, 2014 3:47pm
Quoting nAVIN2007
{quote} yes u are right..i didnt even realise the chart i posted however what i have wrote applies..have a look fibs are all relative..the areas are not definates. The fib is not on the chart for any reason but to show price reached close the 50% of the retrace {image} {image}
jep agree no definates!
iŽd like to upload your chart slightly modified a last time and to draw a line in the sand for the bears, a english proverb is (if i remember it correct)
as above / as below look.

last time traders claimed 1.75 in Q3 now there are numbers 1.65 in the room, or USD/JPY 1.20 ups we are around 1.01.
people tend to throw in extremes, and forgetting that market never walks a straight line...
Attached Image (click to enlarge)
Click to Enlarge Name: MT4cable.png Size: 191 KB
just do it
  • #392,611
  • Aug 9, 2014 3:49pm Aug 9, 2014 3:49pm
Quoting thodie
{quote} jep agree no definates! iŽd like to upload your chart slightly modified a last time and to draw a line in the sand for the bears, a english proverb is (if i remember it correct) as above / as below look. last time traders claimed 1.75 in Q3 now there are numbers 1.65 in the room, or USD/JPY 1.20 ups we are around 1.01. people tend to throw in extremes, and forgetting that market never walks a straight line... {image}
please do
  • #392,612
  • Edited 5:49pm Aug 9, 2014 3:57pm | Edited 5:49pm
Attached Image (click to enlarge)
Click to Enlarge Name: LiteForex MT4.png Size: 153 KB
  • #392,613
  • Aug 9, 2014 4:22pm Aug 9, 2014 4:22pm
ok show me bullshit ,where

Quoting stewrigh
{quote} Yeah and if you look at those 317 - most of them were BS artists - just like you in fact.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #392,614
  • Aug 9, 2014 4:34pm Aug 9, 2014 4:34pm
At 15:00pm (UK Time) on Saturday 9th August Sterling (GBP) values were 1.25064 for the Pound to Euro exchange rate (GBP/EUR), at 1.67716 for the Pound to Dollar exchange rate (GBP/USD), at 1.51881 versus the Swiss Franc (CHF) at 1.8403 1.84022 for the Pound to Canadian Dollar exchange rate (GBP/CAD), at 1.80814 versus the Australian Dollar (AUD), at 1.98205 versus the New Zealand Dollar (NZD), at 103.01 versus the Indian Rupee (INR), at 17.88686 versus South African Rand (ZAR) and at 171.14528 versus the Japanese Yen (JPY). - See more at: http://www.exchangerates.org.uk/news....d4su2zmm.dpuf


Just trying to liten the mood... normally interesting reading in here not out and out bitching.
Que Sera
  • #392,615
  • Aug 9, 2014 5:46pm Aug 9, 2014 5:46pm
Gidday GBP/US

Bring on a retrace

Steel bulls required

Who is in charge off the spike button

We need to talk to that guy.
  • #392,616
  • Aug 9, 2014 5:59pm Aug 9, 2014 5:59pm
Quoting eliteincome
Gidday GBP/US Bring on a retrace Steel bulls required Who is in charge off the spike button We need to talk to that guy.
this wednesday going to bring the guns
All posts are my personal opinion
  • #392,617
  • Aug 9, 2014 6:36pm Aug 9, 2014 6:36pm
Quoting gnomoneey
here's my 2cents on gu levels n tl to keep in mind.... {image}
btw what are people seeing for this pair....up or down?
Wooooohooooo or Boooooohooooo
  • #392,618
  • Aug 9, 2014 6:47pm Aug 9, 2014 6:47pm
Quoting gnomoneey
{quote} btw what are people seeing for this pair....up or down?
Up until further notice
All posts are my personal opinion
  • #392,619
  • Aug 9, 2014 6:51pm Aug 9, 2014 6:51pm
Quoting Rtm
{quote} Up until further notice
DOWN
A good trader follows his rules, but great trader knows when to break them
  • #392,620
  • Aug 9, 2014 7:13pm Aug 9, 2014 7:13pm
I bet until retracement gbpusd will go first to 1.6750 or 1.6700/20.
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