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Cable Update (GBPUSD)

  • #429,381
  • Apr 25, 2016 3:08am Apr 25, 2016 3:08am
there are both bids and offers equal atm 4400-4410 is defended.
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  • #429,382
  • Apr 25, 2016 3:32am Apr 25, 2016 3:32am
hmm, ive just been informed that PP is around 1.4405? interesting how it lies next to the bottom of gap fill eh, wonder if it'll hold... certainly getting consolidation here and its trying to do something, dig?
  • #429,383
  • Apr 25, 2016 3:35am Apr 25, 2016 3:35am
Quoting Don96
hmm, ive just been informed that PP is around 1.4405? interesting how it lies next to the bottom of gap fill eh, wonder if it'll hold... certainly getting consolidation here and its trying to do something, dig?
I have it at 4390....
Don't Leave Money on the Table
  • #429,384
  • Apr 25, 2016 3:36am Apr 25, 2016 3:36am
Quoting HaLBot
{quote} I have it at 4390....
hmmmm, I see ​

I suppose its dependent on the type of PP you use eh
  • #429,385
  • Apr 25, 2016 3:37am Apr 25, 2016 3:37am
but I'm new to all this so just saying....could be wrong
Don't Leave Money on the Table
  • #429,386
  • Apr 25, 2016 3:39am Apr 25, 2016 3:39am
Quoting HaLBot
but I'm new to all this so just saying....could be wrong
standard action forex pivots and your matching, but again depends on type of pivot... there is no right or wrong
  • #429,387
  • Apr 25, 2016 3:40am Apr 25, 2016 3:40am
Hmm.. I see long GU atm.
I'm waiting to short @1.4510 (18 March high)
Don't trust me. I'm still newbie
  • #429,388
  • Apr 25, 2016 3:40am Apr 25, 2016 3:40am
Yeh, pivot is from last week as I have mentioned before. 1.4404/05
However, got resistance at the following areas.

1.4438 and 1.4448 and 1.4503

Support 1.4301 and 1.4266
  • #429,389
  • Apr 25, 2016 3:42am Apr 25, 2016 3:42am
Quoting niubee
Hmm.. I see long GU atm. I'm waiting to short @1.4510 (18 March high)
hmm it is recognised by some then
  • #429,390
  • Apr 25, 2016 4:38am Apr 25, 2016 4:38am
Quoting Ill-b-back
Bla, bla, bla...TL this and TL that...your presumption was wrong.
I'ma gunna stick to the same in that your trendlines are worthless.

I made a forecast for loading zone and if you could read a chart, you'd see that I am pretty much, Dead on Balls!

Quoting Magix
If one was looking for a loading zone by way of a "Hidden Gap", pretty easy pick'ns on the daily, hey Ruf?
Link
Attached Image (click to enlarge)
Click to Enlarge Name: TD.png Size: 31 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,391
  • Apr 25, 2016 4:41am Apr 25, 2016 4:41am
Quoting Magix
{quote} I'ma gunna stick to the same in that your trendlines are worthless. I made a forecast for loading zone and if you could read a chart, you'd see that I am pretty much, Dead on Balls! {quote} Link {image}
​depends on how many your after...but it was a good call if you wanted 30 pips I suppose
  • #429,392
  • Apr 25, 2016 4:44am Apr 25, 2016 4:44am
Quoting Don96
{quote} ​depends on how many your after...but it was a good call if you wanted 30 pips I suppose

If you made 30 pips a day at $5.00 a pip(Aussie for me) by 250 trading days a year that's $37500.00(Aussie) , no complaints from me with that sort of return
Don't Leave Money on the Table
  • #429,393
  • Apr 25, 2016 4:47am Apr 25, 2016 4:47am
Quoting Don96
{quote} ​depends on how many your after...but it was a good call if you wanted 30 pips I suppose

You suppose?

What's been available?
lol

I cannot create market range, all I can do is try to forecast playable areas.

Quoting Magix
Hrmmmm....
Link

I was off by 4 on this one...Mr Scott would say that I'm losing my edge. I blame the renko.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,394
  • Apr 25, 2016 4:48am Apr 25, 2016 4:48am
Quoting asgcorp
heavy buying in GU not many sellers in this market now {image}
Hi ASGCORP,

Can I ask for that mt4 bid-ask indicator please? I have been looking for it for weeks now.
  • #429,395
  • Apr 25, 2016 4:52am Apr 25, 2016 4:52am
now for the push up to 1.4470....I hope LOL
Don't Leave Money on the Table
  • #429,396
  • Apr 25, 2016 4:53am Apr 25, 2016 4:53am
Can anybody explain why did we open with such a big gap overnight? Thanks in advance.
  • #429,397
  • Apr 25, 2016 4:54am Apr 25, 2016 4:54am
got into a buy and was stop out for 25 pips lost kind of funny waiting for my next trade
  • #429,398
  • Apr 25, 2016 4:57am Apr 25, 2016 4:57am
Quoting Magix
{quote} You suppose? What's been available? lol I cannot create market range, all I can do is try to forecast playable areas. {quote} Link I was off by 4 on this one...Mr Scott would say that I'm losing my edge. I blame the renko. {image}
well the max available has been what 36? if you got very bottom to the top. I didn't say anything about you creating market range... its just merely the idea that its each to their own and you've come here and said that other people are wrong and making out that you are right... I'm not saying your wrong at all, just saying each to their own strategy some may only want 30 pips, others hold out for more etc etc
  • #429,399
  • Apr 25, 2016 5:09am Apr 25, 2016 5:09am
Quoting Don96
just saying each to their own strategy some may only want 30 pips, others hold out for more etc etc
So, maybe you missed my Weekly/Monthly supply charts?
Link

If I am correct in my assumptions and for playable areas, there's a lot of topside room from where I nutted demand, wouldn't you say?

You don't have to like my delivery, nor me, nor the colors I use on my charts.

Hell, add me to your ignore list...as if I give a shit.

I provided a chart analysis, and a critique of another traders charts.

Stack up the evidence...you tell me which idea of markets seems more reasonable.

That dipstick and his trend lines?
or
My simple supply and demand charts?

Or you know...do whatever...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #429,400
  • Apr 25, 2016 5:12am Apr 25, 2016 5:12am
Up, up and up. This is too long. I think that the final stop - it is the resistance of 1.44950.
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