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Cable Update (GBPUSD)

  • #426,381
  • Mar 21, 2016 2:14pm Mar 21, 2016 2:14pm
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?
stick to your own analysis, that is the best thing to do
  • #426,382
  • Mar 21, 2016 2:18pm Mar 21, 2016 2:18pm
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?
I'm still short until tomorrow, so your not alone
"W. D. Gann said that time is the most important factor among all things."
  • #426,383
  • Mar 21, 2016 2:20pm Mar 21, 2016 2:20pm
Quoting michisuperfr
{quote} Wow what kind is this of technical analysis? (Sorry for my english)
WD Gann price and time technique..... with some geometry
"W. D. Gann said that time is the most important factor among all things."
  • #426,384
  • Mar 21, 2016 2:33pm Mar 21, 2016 2:33pm
Quoting USDollar
{quote} WD Gann price and time technique..... with some geometry
Ahh knew I saw it before...Always wanted to study Gann but can't really find good material. Can you recommend something?

Thanks
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #426,385
  • Mar 21, 2016 2:46pm Mar 21, 2016 2:46pm
Quoting michisuperfr
{quote} Ahh knew I saw it before...Always wanted to study Gann but can't really find good material. Can you recommend something? Thanks
Well I recommend you start with his books he wrote, then read other books about him.... just gona warn you, you might quit before you even start... his style of writing is very cryptic....
"W. D. Gann said that time is the most important factor among all things."
  • #426,386
  • Mar 21, 2016 2:59pm Mar 21, 2016 2:59pm
Quoting fxmasterdxb
{quote} stick to your own analysis, that is the best thing to do
It does have room lower still, just because some other people here are long don't go against your method, they could be long only waiting for 30 pips, I personally am waiting for lower to go long for 1.47 - 1.5 it depends on your sl and targets / bias also
  • #426,387
  • Mar 21, 2016 3:53pm Mar 21, 2016 3:53pm
Quoting Don96
{quote} It does have room lower still, just because some other people here are long don't go against your method, they could be long only waiting for 30 pips, I personally am waiting for lower to go long for 1.47 - 1.5 it depends on your sl and targets / bias also
Well said
  • #426,388
  • Mar 21, 2016 4:07pm Mar 21, 2016 4:07pm
Quoting fxmasterdxb
{quote} No long position for me yet, PA is struggling! Most probably i will pass any long signal at this zone and will look for a long around 1.4330
So as expected, PA retraced back to the 1.4365 zone and expect it to continue towards 1.4330 zone and perhaps to 1.4285! We shall see tomorrow.
  • #426,389
  • Mar 21, 2016 4:22pm Mar 21, 2016 4:22pm
​levels I'm waiting for are 1.41709/1.41475 and then lower in between these two 1.40119 - 1.39853 and then finally 1.3870, the last most ideal as I can have a smaller stop loss, target on most will be 1.47338
  • #426,390
  • Mar 21, 2016 4:50pm Mar 21, 2016 4:50pm
- lets see how it plays with Asia
  • #426,391
  • Mar 21, 2016 4:52pm Mar 21, 2016 4:52pm
Quoting dean1star
- lets see how it plays with Asia
​surprised you haven't popped your head into the new bar that much ?
  • #426,392
  • Mar 21, 2016 4:53pm Mar 21, 2016 4:53pm
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?
Logical being confused ,, in reality the answer is before you each day - surely there can only be one high each day in each session its that simple - find that high or that low its there each day .. in what 3 basic sessions - asia - uk and wall st.. 3 to one you can make one of them for sure each day - 20 pips daily makes 100 pips a week 20 pips each day its that simple - its not rocket science either
  • #426,393
  • Mar 21, 2016 5:01pm Mar 21, 2016 5:01pm
Quoting Don96
{quote} ​surprised you haven't popped your head into the new bar that much ?
I would if i knew where it was Don - lol if i cant find it sober what chance do i have leaving it drunk lol - hows it goin btw hope ur catching a few of those pips - sure you are ..
any directions to the bar most welcome ..
  • #426,394
  • Mar 21, 2016 5:05pm Mar 21, 2016 5:05pm
Quoting dean1star
{quote} I would if i knew where it was Don - lol if i cant find it sober what chance do i have leaving it drunk lol - hows it goin btw hope ur catching a few of those pips - sure you are .. any directions to the bar most welcome ..
Check my most recent posts, and yeah making a transition into long swing trading - catching a few on NU SHORT atm
  • #426,395
  • Mar 21, 2016 5:07pm Mar 21, 2016 5:07pm
Quoting Don96
{quote} ​surprised you haven't popped your head into the new bar that much ?
remember bumping into you over at the euro place - but was that just mad as hatters or what - talk about a squawk box -

nice one on the pips -

looking to long into asia then short later on ..
  • #426,396
  • Mar 21, 2016 5:23pm Mar 21, 2016 5:23pm
Quoting dean1star
{quote} remember bumping into you over at the euro place - but was that just mad as hatters or what - talk about a squawk box - nice one on the pips - looking to long into asia then short later on ..
New bar is titled "the swamp"
  • #426,397
  • Mar 21, 2016 6:30pm Mar 21, 2016 6:30pm
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?
important to remember the vast majority of forex traders lose money. This is not a call against those going long, just a reminder to not be directed away from your own judgement by the crowd
Come with me if you want to live....
  • #426,398
  • Mar 21, 2016 9:30pm Mar 21, 2016 9:30pm
Quoting Luzbay
I'm confused. Everything on my charts points lower, but 99% of people in here at the moment are on the 'long' train...?

Always remember, if you are confused and unsure, just stay out of the trade.
  • #426,399
  • Mar 21, 2016 9:47pm Mar 21, 2016 9:47pm
High chance market wants a print above 1.455.

Retest of 1.42xx may not come........
  • #426,400
  • Mar 21, 2016 11:45pm Mar 21, 2016 11:45pm
Quoting 10cents
High chance market wants a print above 1.455. Retest of 1.42xx may not come........
last 4 h candle gives indication of long, might see a bullish engulfing daily candle...
little bit of sense, little bit of luck
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