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Cable Update (GBPUSD)

  • #430,161
  • May 1, 2016 5:47am May 1, 2016 5:47am
Quoting Ill-b-back
{quote} Hi mate, yes, I was basing my idea off measurement. From what I can see, ABCD climaxes at 1.46830 (not 1.4628 as I mentioned earlier by the way). We also have not touched the TL for 3rd time yet, (Daily charts) but would at said price. Along with 4hr still looking indecisive to me. I am bullish also, but I think there is opportunity on retrace if it happens. Off to bed, thx {image} {image} {image}
Don't Leave Money on the Table
  • #430,162
  • May 1, 2016 5:54am May 1, 2016 5:54am
Quoting HaLBot
{quote}
I'll be surprised if we get a monthly close above 1.4880.Chat soon HalBot
Come with me if you want to live....
  • #430,163
  • May 1, 2016 5:58am May 1, 2016 5:58am
Quoting Don96
bulls will want 1.473x minimal once 1.466/7x is taken and IF it isn't, 1.4 Lo2 will provide cheap seats for 1.5+ (1.507x) larger swings Meanwhile, high i have producing 1.48 bull target has been taken out, and as a zone, 1.445-1.449 was best zone at shots for 1.48 before bigger retrace , it was originally 1.43 for 1.48 until high taken. not to mention - I'm most likely wrong - i FU this week closing AJ shorts from...
I'm ready for you magix, come at me
  • #430,164
  • May 1, 2016 6:07am May 1, 2016 6:07am
Quoting Don96
{quote} I'm ready for you magix, come at me


Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #430,165
  • May 1, 2016 6:15am May 1, 2016 6:15am
Quoting HaLBot
Personally, I'd almost prefer an alcoholic pedophile watching over children
I said, "Almost"!

Reality speaking, neither would be a suitable choice to trust children with.

Quoting HaLBot
, and if someones analysis doesn't agree with yours so what!!!!
Why would I need others to agree with my analysis, when market already does?

The point was, he doesn't even agree with his own analysis...trades counter his own charts.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #430,166
  • May 1, 2016 9:30am May 1, 2016 9:30am
Hello everyone.

If i may, here are my thoughts on GBPCAD big picture.

best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD_4M.png Size: 55 KB
Be careful what you think because your thoughts run your life..Solomon
  • #430,167
  • May 1, 2016 9:37am May 1, 2016 9:37am
Quoting Akt
Hello everyone. If i may, here are my thoughts on GBPCAD big picture. best wishes {image}
​where would your stops be?
  • #430,168
  • May 1, 2016 9:50am May 1, 2016 9:50am
Attached Image (click to enlarge)
Click to Enlarge Name: w.png Size: 60 KB
from the above post to mr s thread, weekly added
  • #430,169
  • May 1, 2016 10:08am May 1, 2016 10:08am
Quoting Don96
{quote} ​where would your stops be?
Hello Don96, good to meet you.

The stops will be determined once the trade actually sets up, if it does.
If and when that weekly DZ is formed, and we are looking to buy that demand then stops would go below the DZ.

In the methodology, stops for sells always go above the distal line of the supply zone we are selling at
Stops for buys go below the distal line of demand zones we are buying at.

I hope that helps.

best wishes
Be careful what you think because your thoughts run your life..Solomon
  • #430,170
  • May 1, 2016 10:20am May 1, 2016 10:20am
Quoting elbert3
{image} from the above post to mr s thread, weekly added
Hello elbert3.
thank you for sharing your ideas on GBPUSD.

I posted the first chart below here on the 26th of April
Your chart shows the scenario we were looking for is occurring, with the removal of that weekly SZ

A right shift of the supply demand curve is occurring.
Bias has shifted to the long side till we reach monthly supply

best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_repost.png Size: 138 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_response_M.png Size: 78 KB
Be careful what you think because your thoughts run your life..Solomon
  • #430,171
  • May 1, 2016 10:42am May 1, 2016 10:42am
A spinning top on the daily
Rising wegde after an uptrend on the H4
Start of a new Fib timezone
Rsi divergence

I'm still in a long trade but when the market opens I will add sell stop orders.

grtz
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB
Click to Enlarge Name: Screenshot2.png Size: 65 KB
What's that smell? ---- I smell money!
  • #430,172
  • May 1, 2016 10:48am May 1, 2016 10:48am
dose the big picture message from price not worry you


Quoting Akt
Hello everyone. If i may, here are my thoughts on GBPCAD big picture. best wishes {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,173
  • May 1, 2016 10:51am May 1, 2016 10:51am
big picture ,is demand will fail
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,174
  • May 1, 2016 11:08am May 1, 2016 11:08am
Quoting Akt
{quote} Hello Don96, good to meet you. The stops will be determined once the trade actually sets up, if it does. If and when that weekly DZ is formed, and we are looking to buy that demand then stops would go below the DZ. In the methodology, stops for sells always go above the distal line of the supply zone we are selling at Stops for buys go below the distal line of demand zones we are buying at. I hope that helps. best wishes
so you only base your trades on supply and demand zones? what about the demand zones past your stop loss and how valid they are...
  • #430,175
  • May 1, 2016 11:09am May 1, 2016 11:09am
Quoting Bones
big picture ,is demand will fail {image}
Hello Bones,

The pair i posted up was GBPCAD.

Regarding the GBPJPY, as I have mentioned before, it is ultimately a big picture sell. My premise was and still is that, it is not a sell at the current price levels. Price needs to rally for a long term big picture sell to happen.
We are both inclined in the same direction but the difference is in the timing of entry.

best wishes
Be careful what you think because your thoughts run your life..Solomon
  • #430,176
  • May 1, 2016 11:15am May 1, 2016 11:15am
Quoting Don96
{quote} so you only base your trades on supply and demand zones? what about the demand zones past your stop loss and how valid they are...
Great question Don96, thank you. To answer it, yes, i only base my trades on supply and demand zones. Nothing else.

The concepts are pretty much those of the economic concepts of supply and demand.

The methodology looks at the current S-D curve to determine the most appropriate actions to take, based on the analysis of the current S-D curve.

Now, when there are shifts in that curve to another curve, we simply shift with it.

Demand zones below the demand zones we are buying at for example, will only come into play when there is a curve shift. As for the current curve, the demand zone we are looking to buy at will be within the current curve

I hope that helps

best wishes
Be careful what you think because your thoughts run your life..Solomon
  • #430,177
  • May 1, 2016 11:20am May 1, 2016 11:20am
Quoting Don96
{quote} so you only base your trades on supply and demand zones? what about the demand zones past your stop loss and how valid they are...
Hello Don, a pictorial to help address the question

best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd_for_don96.png Size: 108 KB
Be careful what you think because your thoughts run your life..Solomon
  • #430,178
  • May 1, 2016 11:21am May 1, 2016 11:21am
Quoting Magix
{quote}
Do you remember the come at me bro in the Aussie thread like 2 years ago? Damn, they really come and go ...
Fix up, trade sharp ...
  • #430,179
  • May 1, 2016 11:22am May 1, 2016 11:22am
Quoting Akt
{quote} Hello Bones, The pair i posted up was GBPCAD. Regarding the GBPJPY, as I have mentioned before, it is ultimately a big picture sell. My premise was and still is that, it is not a sell at the current price levels. Price needs to rally for a long term big picture sell to happen. We are both inclined in the same direction but the difference is in the timing of entry. best wishes
You reminded me to take a look at GBP/CAD again, thanks for that.
Fix up, trade sharp ...
  • #430,180
  • Edited 11:35am May 1, 2016 11:24am | Edited 11:35am
Hi A ,gbp cad I think a long focus is very risky ,tho there is a open gap higher ,aud is weaker ,my big picture is like so ,there is no doubt in my mind this chart can only retrace ,based on whats presented


Quoting Akt
{quote} Hello Bones, The pair i posted up was GBPCAD. Regarding the GBPJPY, as I have mentioned before, it is ultimately a big picture sell. My premise was and still is that, it is not a sell at the current price levels. Price needs to rally for a long term big picture sell to happen. We are both inclined in the same direction but the difference is in the timing of entry. best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp CAD (DFB).png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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