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Cable Update (GBPUSD)

  • #395,301
  • Aug 29, 2014 7:56am Aug 29, 2014 7:56am
The price still under ichimoku cloud on H4 TF, this has been consistently held from mid July untill now... as long as the price kept under this cloud i am not sure about trend reversal... at the moment the price still struggling under kumo, if it is fail, again another drop will start from here...
1.6600-1.6615 support still strong so far....

Plan your own trade and trade your own plan.... 1.7xxx ?......
  • #395,302
  • Aug 29, 2014 7:57am Aug 29, 2014 7:57am
Quoting HDA
{quote} @elbert3: I am trading the retrace to 1.6900 - if there is to be a bullish continuation, the bulls are targeting 1.7330 The retrace first and then the bullish continuation next, IF there is a bullish continuation. That's why I write, re-evaluate upon reaching 1.6900, if to exit the short or hold to 1.6750. This is a patience trade Hope that clears up your query my friend CONGRATULATIONS again on your RED FLAG HDA OUT
that the old HDA colour ,,regards
  • #395,303
  • Aug 29, 2014 8:02am Aug 29, 2014 8:02am
Quoting HDA
{quote} @THE COMMENTATOR: aka elbert3 Right on This would be the second turning point that I have displayed trading my plan publicly. The previous publicly displayed turning point was this post to you on FRIDAY, JULY 11, 2014 at 3:45am, please click on link http://www.forexfactory.com/showthre...09#post7598409 LoL! HDA OUT
how long you will keep your plan and what exit level if there is no trend reversal.....
  • #395,304
  • Aug 29, 2014 8:02am Aug 29, 2014 8:02am
gbp cad has broke free ,and has gone within 25 pips of monthly S3 ,



Quoting Bones
gbp cad ,w1 {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD w1 (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,305
  • Aug 29, 2014 8:03am Aug 29, 2014 8:03am
Quoting Bones
gbp cad has broke free just like eur cad {quote}
Nice one Tony

Attached Image (click to enlarge)
Click to Enlarge Name: CADLFXH4.png Size: 29 KB
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #395,306
  • Aug 29, 2014 8:04am Aug 29, 2014 8:04am

major bear


Quoting JhonMonsalve
{quote} Nice one Tony {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eur CAD w1 (DFB).png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,307
  • Aug 29, 2014 8:05am Aug 29, 2014 8:05am
Quoting Bones
gbp cad has broke free ,and has gone within 25 pips of monthly S3 , {quote} {image}
Maybe 1.7962 next
  • #395,308
  • Aug 29, 2014 8:06am Aug 29, 2014 8:06am
Quoting Bones
major bear {quote} {image}
Trade Cad against you want =
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #395,309
  • Aug 29, 2014 8:09am Aug 29, 2014 8:09am
if dow fails this level ,...

Quoting Bones
dow has to interest someone {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Wall Street Cash (DFB).png 2.png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,310
  • Aug 29, 2014 8:12am Aug 29, 2014 8:12am
Quoting Red Alert
{quote} how long you will keep your plan and what exit level if there is no trend reversal.....

@Red Alert:

The answer to your question is at the bottom of my post dated, August 26, 2014
http://www.forexfactory.com/showthre...90#post7697890



HAPPY TRADING

HDA OUT
  • #395,311
  • Aug 29, 2014 8:14am Aug 29, 2014 8:14am
"Just" broke free? G/CAD hasn't made a new low in the past 2.5 days. What's changed?

I think staring at charts too much is effecting folks minds maybe?
Attached Image

On a side note, CAD is at heavy resistance as of now. Maybe it will break, maybe not but.....
Attached Image (click to enlarge)
Click to Enlarge Name: CADLFXDaily.png Size: 29 KB


EDIT: I could probably add, GBP is building a base on good support too. Just saying.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPLFXDaily.png Size: 39 KB
Ghost Rider - WWTBMD?
  • #395,312
  • Aug 29, 2014 8:16am Aug 29, 2014 8:16am
lol chris gbp cad has fallen 500 pips in a few weeks ,your see

Quoting albchr
"Just" broke free? G/CAD hasn't made a new low in the past 2.5 days. What's changed? I think staring at charts too much is effecting folks minds maybe? {image} On a side note, CAD is at heavy resistance as of now. Maybe it will break, maybe not but..... {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,313
  • Aug 29, 2014 8:19am Aug 29, 2014 8:19am
actually ,I am right ,again ,gotta be a bit frustrating

Quoting Bones
regarding gbp cad ,i see bearish consolidation at this time , , but long is the way to go {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,314
  • Aug 29, 2014 8:20am Aug 29, 2014 8:20am
Quoting Bones
lol chris gbp cad has fallen 500 pips in a few weeks ,your see {quote}
Yes Tony, just like GU it has made a nice correction on the current trend.

On a side note, I am looking for "slightly" lower levels to buy G/CAD... again.

Let's see what happens.
Ghost Rider - WWTBMD?
  • #395,315
  • Aug 29, 2014 8:23am Aug 29, 2014 8:23am
Quoting HDA
{quote} @Red Alert: The answer to your question is at the bottom of my post dated, August 26, 2014 http://www.forexfactory.com/showthre...90#post7697890 HAPPY TRADING HDA OUT
Thank you for your clear explanation .....
Good luck...
  • #395,316
  • Aug 29, 2014 8:24am Aug 29, 2014 8:24am
charts pretty clear Chris , I prefer to have a strong opinion than lets see what happens

Quoting albchr
{quote} Yes Tony, just like GU it has made a nice correction on the current trend. On a side note, I am looking for "slightly" lower levels to buy G/CAD... again. Let's see what happens.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,317
  • Aug 29, 2014 8:28am Aug 29, 2014 8:28am
Quoting Bones
charts pretty clear Chris , I prefer to have a strong opinion than lets see what happens {quote}
LOL ... yeah, a strong "opinion" with no positions. Very strong indeed.

But I thought you understood "Let's see what happens" actually means, "Let's see who's right over time". Forgive me, I'll try to be more specific in the future.

But we definitely do agree on one thing here my friend. The charts ARE pretty clear.
Ghost Rider - WWTBMD?
  • #395,318
  • Aug 29, 2014 8:34am Aug 29, 2014 8:34am
I shorted that puppy all the way Chris ,
my account can only take so many positions ,thats half my trouble I already told ya I'm committed to DAX now ,

Quoting albchr
{quote} LOL ... yeah, a strong "opinion" with no positions. Very strong indeed. But I thought you understood "Let's see what happens" actually means, "Let's see who's right over time". Forgive me, I'll try to be more specific in the future. But we definitely do agree on one thing here my friend. The charts ARE pretty clear.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,319
  • Aug 29, 2014 8:37am Aug 29, 2014 8:37am
Oh well, coffee break is over. Back to work.

I'm sure many await the coming USD news. Anyone care to venture a guess what it will be? I've tried to invite others to play my favorite game of Guess The News but nobody ever does. ... lol ... I have my thoughts however.

Enjoy the day folks
Ghost Rider - WWTBMD?
  • #395,320
  • Aug 29, 2014 8:40am Aug 29, 2014 8:40am
Quoting Bones
I shorted that puppy all the way Chris , my account can only take so many positions ,thats half my trouble I already told ya I'm committed to DAX now , {quote}
Welcome to the club. Almost time for a change me thinks.

Best wishes with DAX bro. Until I change brokers (very soon now) I can't trade it.
Ghost Rider - WWTBMD?
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