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Cable Update (GBPUSD)

  • #402,501
  • Oct 9, 2014 4:43pm Oct 9, 2014 4:43pm
Quoting GlobalMacro
{quote} What r your thoughts on GU daily , pin real or fake ?
Oanda, Daily (DOWN)
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #402,502
  • Oct 9, 2014 4:50pm Oct 9, 2014 4:50pm
Quoting darrenware
{quote} Looking at the volume its real
previous day is also pin , superimposed it yields a - doji - kind of candle - - tricky.
Hear the music before the song is over ...
  • #402,503
  • Oct 9, 2014 4:52pm Oct 9, 2014 4:52pm
Quoting GlobalMacro
{quote} previous day is also pin , superimposed it yields a - doji - kind of candle - - tricky.
Where is Bones BTW when you need him ?
Tony , you nearby man ?
Hear the music before the song is over ...
  • #402,504
  • Edited Oct 10, 2014 12:59am Oct 9, 2014 4:55pm | Edited Oct 10, 2014 12:59am
Quoting ill_be_back
{quote} Oanda, Daily (DOWN) {image}
I don't know man , O&A got weird opening & closing times
Hear the music before the song is over ...
  • #402,505
  • Oct 9, 2014 4:57pm Oct 9, 2014 4:57pm
Quoting GlobalMacro
{quote} previous day is also pin , superimposed it yields a - doji - kind of candle - - tricky.
See what you mean but we've had a sharp move up since the 6th so it does have some clout but agree its a tricky one. The move up on the 6th did so without much volume (mainly all bulls)
Enter Signature
  • #402,506
  • Oct 9, 2014 5:04pm Oct 9, 2014 5:04pm
Quoting darrenware
{quote} See what you mean but we've had a sharp move up since the 6th so it does have some clout but agree its a tricky one. The move up on the 6th did so without much volume (mainly all bulls)

We are in a downward trend on the daily also
Enter Signature
  • #402,507
  • Oct 9, 2014 5:05pm Oct 9, 2014 5:05pm
Quoting darrenware
{quote} See what you mean but we've had a sharp move up since the 6th so it does have some clout but agree its a tricky one. The move up on the 6th did so without much volume (mainly all bulls)
I'm looking at futures volume right now , nothing major : all the same. Only candle off 1.6524 last month w/ significant volume ...
Hear the music before the song is over ...
  • #402,508
  • Oct 9, 2014 5:11pm Oct 9, 2014 5:11pm
Quoting darrenware
{quote} We are in a downward trend on the daily also
but it also broke down-TL on daily
Hear the music before the song is over ...
  • #402,509
  • Oct 9, 2014 5:15pm Oct 9, 2014 5:15pm
Quoting ill_be_back
{quote} My yellow Line Target 1.82650 CONFIRMED, And a Pending BUY below that 1.82645 Lets see what happens {image}
Made a new HIGH, Low Target INVALID OUT at 1.83875 (Lost a few)
A good trader follows his rules, but great trader knows when to break them
  • #402,510
  • Oct 9, 2014 5:18pm Oct 9, 2014 5:18pm
Quoting GlobalMacro
{quote} but it also broke down-TL on daily
Maybe its just an attempt to break it down...your making me over analyse my charts lol....brainache!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-09 at 23.16.16.png Size: 35 KB
Enter Signature
  • #402,511
  • Oct 9, 2014 5:22pm Oct 9, 2014 5:22pm
Quoting ill_be_back
{quote} Made a new HIGH, Low Target INVALID OUT at 1.83875 (Lost a few)
This is heading to 1.80
Money never sleeps I can hear the dollar calling me
  • #402,512
  • Oct 9, 2014 5:28pm Oct 9, 2014 5:28pm
Quoting shivam332
{quote} This is heading to 1.80
Yes But Looks like cspip Target first

Quoting cspip
{quote} I have a long upto 1.8450 ish............ .....................(and taking a long on GU from 1.6107 to 1.6258)
A good trader follows his rules, but great trader knows when to break them
  • #402,513
  • Oct 9, 2014 5:35pm Oct 9, 2014 5:35pm
Quoting darrenware
{quote} Maybe its just an attempt to break it down...your making me over analyse my charts lol....brainache! {image}
lol,
I think they wanted to test the broken trendline. Check out where the day's low stopped at ... smack bam TL !
Attached Image
Hear the music before the song is over ...
  • #402,514
  • Edited Oct 10, 2014 1:05am Oct 9, 2014 5:35pm | Edited Oct 10, 2014 1:05am
Quoting ill_be_back
{quote} Yes But Looks like cspip Target first {quote}
Target 1.8426.
Intraday only.
  • #402,515
  • Oct 9, 2014 5:38pm Oct 9, 2014 5:38pm
Quoting ill_be_back
{quote} Yes But Looks like cspip Target first {quote}
I used to trade way back, the retracement in Asia. Now I stopped doing that.
Intraday only.
  • #402,516
  • Oct 9, 2014 5:43pm Oct 9, 2014 5:43pm
Quoting GlobalMacro
{quote} lol, I think they wanted to test the broken trendline. Check out where the day's low stopped at ... smack bam TL ! {image}
Great spot!! I missed that. It's all looking 50/50 to me now. I can't validate a decision either way.
Enter Signature
  • #402,517
  • Oct 9, 2014 6:15pm Oct 9, 2014 6:15pm
Maybe retest of weekly pivot right on the broken daily TL at 6068 area before up to monthly pivot in it's convenient spot of confluence?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 26 KB
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Come with me if you want to live....
  • #402,518
  • Oct 9, 2014 6:15pm Oct 9, 2014 6:15pm
Quoting GlobalMacro
{quote} Where do you see it going to , Tyrant ...
i thought i said i want to see retest of 5950 area and possibly 5820 in extension....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,519
  • Oct 9, 2014 7:24pm Oct 9, 2014 7:24pm
Quoting navk
{quote} Target 1.8426.
Hit the target and found sellers there.
Intraday only.
  • #402,520
  • Oct 9, 2014 7:38pm Oct 9, 2014 7:38pm
Quoting navk
{quote} Hit the target and found sellers there.
This Going all the way to 1.84609
A good trader follows his rules, but great trader knows when to break them
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