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Cable Update (GBPUSD)

  • #419,781
  • Sep 29, 2015 1:10am Sep 29, 2015 1:10am
Following the Fibs in range.
Bias lower, but when it does move north the retrace will be evident.
Attached Image (click to enlarge)
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  • #419,782
  • Sep 29, 2015 2:40am Sep 29, 2015 2:40am
On the daily chart the Cable is ranging and showing signs of oversold plus making what it looks like a double bottom!
  • #419,783
  • Sep 29, 2015 3:02am Sep 29, 2015 3:02am
Quoting dean1star
Following the Fibs in range. Bias lower, but when it does move north the retrace will be evident. {image}
Morning D i see you have auto harmonic pattern , is that right, sorry if i am being nosy,
  • #419,784
  • Sep 29, 2015 3:15am Sep 29, 2015 3:15am
Quoting elbert3
{quote} Morning D i see you have auto harmonic pattern , is that right, sorry if i am being nosy,
Indeed, they are Elbert, great for reminding one of the high and low points in the trend, used with fibs they can offer some trader confidence, but that's as far as i go with harmonics, prefer other methods.

Perhaps if its ok other traders might wish to try them out, here is the indicator. Again if its ok to post them. If not then sure the Mods here will delete it.
Attached File(s)
File Type: ex4 BPS Harmonic Patterns Indicator.ex4   74 KB | 391 downloads
  • #419,785
  • Sep 29, 2015 3:22am Sep 29, 2015 3:22am
Quoting dean1star
{quote} Indeed, they are Elbert, great for reminding one of the high and low points in the trend, used with fibs they can offer some trader confidence, but that's as far as i go with harmonics, prefer other methods. Perhaps if its ok other traders might wish to try them out, here is the indicator. Again if its ok to post them. If not then sure the Mods here will delete it. {file}
ok D... I might have a look cheers, news soon will gb have enough good news to fuel 5678/5740?? gl
  • #419,786
  • Sep 29, 2015 3:23am Sep 29, 2015 3:23am
Quoting dean1star
{quote} Indeed, they are Elbert, great for reminding one of the high and low points in the trend, used with fibs they can offer some trader confidence, but that's as far as i go with harmonics, prefer other methods. Perhaps if its ok other traders might wish to try them out, here is the indicator. Again if its ok to post them. If not then sure the Mods here will delete it. {file}
Attached Image (click to enlarge)
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just my opinion
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watch tl touch for tp or break out
  • #419,787
  • Sep 29, 2015 3:40am Sep 29, 2015 3:40am
come on gb bounce 5190
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  • #419,788
  • Sep 29, 2015 4:36am Sep 29, 2015 4:36am
Quoting elbert3
come on gb bounce 5190 {image}
It did bounce on 5190, albeit down not up...
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  • #419,789
  • Sep 29, 2015 4:43am Sep 29, 2015 4:43am
Cable these days.
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Click to Enlarge Name: 725_aHR0cDovL2NvaW50ZWxlZ3JhcGguY29tL3N0b3JhZ2UvdXBsb2Fkcy92aWV3LzdlZDZjNTBiNjUwNTE4ZTU1MzVhYjdh.jpg Size: 73 KB
  • #419,790
  • Sep 29, 2015 5:38am Sep 29, 2015 5:38am
Quoting Nabz
Cable these days. {image}
Really?
Attached Image
  • #419,791
  • Sep 29, 2015 6:02am Sep 29, 2015 6:02am
Quoting Darkforce
{quote} Really? {image}
Attached Image
  • #419,792
  • Sep 29, 2015 6:40am Sep 29, 2015 6:40am
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pt at the 61
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  • #419,793
  • Sep 29, 2015 6:44am Sep 29, 2015 6:44am
Quoting edyraper
{quote} Me and my pending {image}
closed with looses , bad day
won't try longs till see a clear support
  • #419,794
  • Sep 29, 2015 7:02am Sep 29, 2015 7:02am
Quoting edyraper
{quote} closed with looses , bad day won't try longs till see a clear support
Support is no longer support but stop hunting play ground, I am out too this game aint no fun.
  • #419,795
  • Sep 29, 2015 7:03am Sep 29, 2015 7:03am
trying eu 120 cant upload chart ???
  • #419,796
  • Sep 29, 2015 7:06am Sep 29, 2015 7:06am
Quoting elbert3
trying eu 120 cant upload chart ???
choppy
  • #419,797
  • Sep 29, 2015 7:08am Sep 29, 2015 7:08am
Quoting edyraper
{quote} choppy
Attached Image (click to enlarge)
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wont let it go to far but looks worth a go ??
  • #419,798
  • Sep 29, 2015 7:11am Sep 29, 2015 7:11am
Quoting elbert3
{quote} {image} wont let it go to far but looks worth a go ??
yep depends how much you looking for and entry without SL . it is choppy we can go 1180 then back up to 1280 that's ''why'' from friday till now no healthy movements
  • #419,799
  • Sep 29, 2015 7:18am Sep 29, 2015 7:18am
Quoting edyraper
{quote} yep depends how much you looking for and entry without SL . it is choppy we can go 1180 then back up to 1280 that's ''why'' from friday till now no healthy movements
Attached Image (click to enlarge)
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sl manage it looks like one of them trades you pull it and it goes up 1239 would be scalp tp or add ??? sooooon see 5 a pip
  • #419,800
  • Sep 29, 2015 7:22am Sep 29, 2015 7:22am
Quoting edyraper
{quote} yep depends how much you looking for and entry without SL . it is choppy we can go 1180 then back up to 1280 that's ''why'' from friday till now no healthy movements
Attached Image (click to enlarge)
Click to Enlarge Name: dt.png Size: 43 KB
this is a slip chance redrew tl so sl is the last low might short to 50800 see how this will go
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