hello all.
my trade . thinking gu can hit in a days 4800. now i see 4470 as a minimum target today.
my trade . thinking gu can hit in a days 4800. now i see 4470 as a minimum target today.
Attached Image (click to enlarge)
Cable Update (GBPUSD)
- #427,003
- Mar 29, 2016 11:37pm Mar 29, 2016 11:37pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #427,004
- Mar 29, 2016 11:38pm Mar 29, 2016 11:38pm
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
Filling gap then reversing?
- #427,006
- Mar 30, 2016 12:00am Mar 30, 2016 12:00am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #427,007
- Mar 30, 2016 12:31am Mar 30, 2016 12:31am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
{quote} supplementary to the above here's the look at daily chart GBP USD. Clearly an inverted H&S is in the making. Proposed current scenario: 1)price goes up to 4450 2)price then dips to 4280 area in the upwards sloping channel as above on H4 chart 3)price reverses @4280 and rallies higher towards neckline 3)price clears the neckline of the inverted H&S at/around 4480-4520 and goes further up 4)final target on the initial rally is 4700 +- 50 points. Overall I see GBPUSD turning from bearish to bullish, with the inverted H&S clearly visible on...
- #427,010
- Mar 30, 2016 2:12am Mar 30, 2016 2:12am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} i think u missed the train mate
Beginning to like this daytrading thing +35 pips .
Will NY start buying around 4365 and gun for 4460(ish)??
Come with me if you want to live....
- #427,011
- Mar 30, 2016 2:29am Mar 30, 2016 2:29am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
nice living there china new apartment building 
"Made Out Of Sand" - A Dramatic Look Inside A Newly Built Chinese Apartment
"Made Out Of Sand" - A Dramatic Look Inside A Newly Built Chinese Apartment
- #427,012
- Edited 5:58am Mar 30, 2016 3:12am | Edited 5:58am
- | Commercial User | Joined Jan 2016 | 99 Posts
GBPUSD Forecast for 30th March 2016.
LONG PATTERN
The current bullish triangle facing up is currently overbought for the 1.4501 level; it will be more comfortable for the price to correct into the next bullish triangle facing up; indicated in the LONG PATTERN image, to trade for the 1.4501 level on route for 1.4569 level. Any price push up towards the 1.4501 level in the current bullish triangle will be a risk on trade.
SHORT PATTERN
And for a sell trade to occur, the price has to break through the now support green trend line as indicated in the SHORT PATTERN image to target the 1.4283 level.
The trendforecast_v1.2.ex4 can be download at http://www.forexfactory.com/showthre...53#post8841453
LONG PATTERN
The current bullish triangle facing up is currently overbought for the 1.4501 level; it will be more comfortable for the price to correct into the next bullish triangle facing up; indicated in the LONG PATTERN image, to trade for the 1.4501 level on route for 1.4569 level. Any price push up towards the 1.4501 level in the current bullish triangle will be a risk on trade.
SHORT PATTERN
And for a sell trade to occur, the price has to break through the now support green trend line as indicated in the SHORT PATTERN image to target the 1.4283 level.
The trendforecast_v1.2.ex4 can be download at http://www.forexfactory.com/showthre...53#post8841453
- #427,013
- Mar 30, 2016 3:31am Mar 30, 2016 3:31am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
sold 4405, tp 4360
if reach tp, buy 4360, tp 4450
if reach tp, buy 4360, tp 4450
Come with me if you want to live....
- #427,015
- Mar 30, 2016 3:52am Mar 30, 2016 3:52am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Good luck..
Come with me if you want to live....
- #427,017
- Mar 30, 2016 5:39am Mar 30, 2016 5:39am
- Joined May 2015 | Status: Trader | 1,148 Posts
I note talk of an inverse head & shoulders but is not the monthly depiction going back years one massive head & shoulders. Also one seems to have formed on the 4 hour timeframe {image}
What's that smell? ---- I smell money!
- #427,019
- Mar 30, 2016 6:10am Mar 30, 2016 6:10am
- Joined Dec 2008 | Status: Trader | 2,931 Posts
persistence and determination alone are omnipotent
- #427,020
- Mar 30, 2016 7:09am Mar 30, 2016 7:09am
- Joined Feb 2014 | Status: trading bank levels | 8,143 Posts
watch 4470 very likely to reverse there. 