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Cable Update (GBPUSD)

  • #439,621
  • Sep 9, 2016 10:30am Sep 9, 2016 10:30am
Maybe need another low no bullish PA in this moment.
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  • #439,622
  • Sep 9, 2016 10:30am Sep 9, 2016 10:30am
Quoting SadiaQureshi
{quote} anybody can please tell me how to Draw Trendline and Support and Resistance on Chart ?
I don't think there is a unified basic rules. But this is from babypips.

http://www.babypips.com/school/eleme...esistance.html
  • #439,623
  • Sep 9, 2016 11:22am Sep 9, 2016 11:22am
Quoting Sammih
{quote} sorry buddy, I draw fibs like this. 3250 is a significant level, 50% of the move, I expect price wont go far beyond this before going back up. I'd only turn bearish if price closed below 3200 with a 4hr candle The way mades drew his fibs http://www.forexfactory.com/showthre...88#post9129888 show he's a bear, and I draw mine vise versa because Im a bull {image}
thanks Sam in j am in jersey selling my car and on iPhone so no charts regards E
  • #439,624
  • Sep 9, 2016 11:22am Sep 9, 2016 11:22am
forums a funny place ,lets be honest know knows what locks talking about yet there considerable posts
bully for saying that ok right

Quoting actionmoney
Lock has been the only real motivator on here, fuck others with their bully mentality. I'm on here with my personal money and its no one's business if I win or lose; so fuck your bullbearlogomachi (terminology). No one needs your ideology except you are on this cable to assist people positively. I am OFF FROM; Contributing to the thread, I got virus twice from predicting positively and thanks to Halbot and others... Hal--Name..Bot--Botnet(virus). Coming back with RECORDS OF PIPS MADE BY 30TH SEP. 2016. DEVELOP YOUR PERSONAL TRADING SKILLS, STOP...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,625
  • Sep 9, 2016 11:24am Sep 9, 2016 11:24am
Quoting SadiaQureshi
{quote} anybody can please tell me how to Draw Trendline and Support and Resistance on Chart ?
You tube any thing that you need to educate your self you will find a lot of good info and the vidio will help you understand but careful . Regards E
  • #439,626
  • Sep 9, 2016 11:25am Sep 9, 2016 11:25am
these are ambiguous posts ,theres no way to know what to draw from literally any posts ,good use of language tho
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,627
  • Sep 9, 2016 11:28am Sep 9, 2016 11:28am
I mean come on ,is it up or down

Quoting Lock
{quote} A poor high or poor low could mean two opposite things: in one case it could mean that the current auction is not over yet in one particular direction. So contiuation in that direction is expected (maybe after a retracement) In the second case it could be lack of sellers (for a poor low) or lack buyers (for a poor high). In both cases it underlines the absence of stronger timeframes, because when they enter a market they do not enter in it on the spot at a precise level. So overall this market is totally weak: this is clear and sure. And...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,628
  • Sep 9, 2016 11:32am Sep 9, 2016 11:32am
Quoting Bones
I mean come on ,is it up or down {quote}
A lot of hot smoke.
  • #439,629
  • Sep 9, 2016 11:47am Sep 9, 2016 11:47am
nice and simple I think that falling tl is not true direction is up ideally it close bit higher ,or enough to open through
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,630
  • Sep 9, 2016 11:52am Sep 9, 2016 11:52am
i think thats particularly pretty ,and not a test of a break out,rather a false one
nice and easy judge when you have time
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,631
  • Sep 9, 2016 12:05pm Sep 9, 2016 12:05pm
cable h1
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,632
  • Sep 9, 2016 12:10pm Sep 9, 2016 12:10pm
Staying short for a few more days ..
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  • #439,633
  • Sep 9, 2016 12:11pm Sep 9, 2016 12:11pm
Quoting SadiaQureshi
{quote} anybody can please tell me how to Draw Trendline and Support and Resistance on Chart ?
I think there can be a bit of hesitation putting on Trend Lines to begin with but once you start and then after a few attempts you find price following the line it gives you the confidence that your doing it right.

You can also copy the TLs from the charts that are put up here as long as you make the effort to understand why those lines are there..

It's like any skill, the more you practice the better you get and I find I'm always learning and refining TL skills, everyday...
Don't Leave Money on the Table
  • #439,634
  • Edited Sep 10, 2016 6:58am Sep 9, 2016 12:29pm | Edited Sep 10, 2016 6:58am
all I said is be careful with fundi to you from memory ,i don't care if you take no notice ,if you think I have the slightest clue why today happened ...


Quoting actionmoney
Lock has been the only real motivator on here, fuck others with their bully mentality. I'm on here with my personal money and its no one's business if I win or lose; so fuck your bullbearlogomachi (terminology). No one needs your ideology except you are on this cable to assist people positively. I am OFF FROM; Contributing to the thread, I got virus twice from predicting positively and thanks to Halbot and others... Hal--Name..Bot--Botnet(virus). Coming back with RECORDS OF PIPS MADE BY 30TH SEP. 2016. DEVELOP YOUR PERSONAL TRADING SKILLS, STOP...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #439,635
  • Sep 9, 2016 12:30pm Sep 9, 2016 12:30pm
Complete market manipulation accomplished. Especially usdchf and gold.
  • #439,636
  • Sep 9, 2016 1:02pm Sep 9, 2016 1:02pm
Well, we have the following facts:

1/ The price has broken out the 1/2 of this week's initial balance and it is about to be closed below this line of 32946. Even if the price is closed right at this level, there is the 50/50 chance of what the price is going higher than the 34451 level (the high of the week).

2/ The next week's IB high is actually lower than the current week's IB high, the next week's IB low is lower than the current week's IB low. The price is trying to change its direction.

3/ However there are a bunch of reference points above:
- W#0.POC 16.09.04 1.3301 is equal to D#0.POC 16.09.09 1.3300 - these are to be VPOCs on monday;
- D#1.VPOC 16.09.08 1.3349 untouched;
- D#2.VPOC 16.09.07 1.3413 untouched;
- D#3.VPOC 16.09.06 1.3432 untouched;

In order for price to go lower, these reference points need being dissolved.

So, I am thinking of price's moving up, but now I can not exactly say if the price might go upper than this week's high.

Best
D.P.

P.S. I will not be surprised if the price is closed directly at the level of the current week's IB low (it is @32520).
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Hunting High and Low
  • #439,637
  • Sep 9, 2016 1:30pm Sep 9, 2016 1:30pm
Quoting Dr.Phoenix
...In order for price to go lower, these reference points need being dissolved...
Sorry Dr., what are the rules that oblige market to dissolve your reference points before it goes further down? Your reference points "will" be touched when the market decides to retrace or change direction to uptrend in the future. I might be wrong?
  • #439,638
  • Sep 9, 2016 1:56pm Sep 9, 2016 1:56pm
Quoting Fadhl
{quote} Sorry Dr., what are the rules that oblige market to dissolve your reference points before it goes further down? Your reference points "will" be touched when the market decides to retrace or change direction to uptrend in the future. I might be wrong?
The answer is VOLUME.

I might be wrong as well...

Best
D.P.
Hunting High and Low
  • #439,639
  • Sep 9, 2016 3:11pm Sep 9, 2016 3:11pm
Still, I hold no one responsible for My predicament; and appreciate everyone that has contribute and/or critisized constructively. Thank you all for taking positive actions towards me on my path of successful trading.

Things can only get better! I do not see losers around here, You quotes my beautiful imperfection... I will say it's your call(decision) you don't... same (same) . We all can decide to enrich each other politely; after all... No one is an island of knowledge.


You follow/subscribe to my profile... I will say it's your call (decision), you ignore... same (same) .
"Now (if I may suggest it) calm down anyone. We can all be friend here or at least be usefull one each other.
All the best, L." - Lock

http://www.forexfactory.com/showthre...96#post9130096

Only real, positive minded fellows are welcome on board... Yet "Bad belle is allowed-
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Good luck to all traders.

On Monday we will back to same station and No bad language on the radio
  • #439,640
  • Sep 9, 2016 3:14pm Sep 9, 2016 3:14pm
sideway continue for monday if green line not break, or red line not break.


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