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Cable Update (GBPUSD)

  • #449,321
  • Feb 9, 2017 6:56pm Feb 9, 2017 6:56pm
Quoting Bones
this pa then consolidation {quote} {image}
I am telling you Bones, the party is over for the last few bulls, cable is going down.
Think about shorting rallies from now on, don't fight the trend my friend.
Just my opinion.
  • #449,322
  • Feb 9, 2017 7:06pm Feb 9, 2017 7:06pm
lets see the weekly ..

Quoting Mr Breakout
{quote} I am telling you Bones, the party is over for the last few bulls, cable is going down. Think about shorting rallies from now on, don't fight the trend my friend. Just my opinion.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,323
  • Feb 9, 2017 7:08pm Feb 9, 2017 7:08pm
Quoting Bones
lets see the weekly .. {quote}
You can also look at the Yearly they will tell you the same story.
  • #449,324
  • Feb 9, 2017 7:10pm Feb 9, 2017 7:10pm
Shorted more GBP/AUD at 1.6400 same 35 pip stop.
  • #449,325
  • Feb 9, 2017 7:27pm Feb 9, 2017 7:27pm
Quoting Mr Breakout
Shorted more GBP/AUD at 1.6400 same 35 pip stop.
If we apply the measured move concept to this GBP/AUD Head and Shoulders formation that gives us a 75 pip profit potential (see chart)
In other words this is more than a 2 to 1 reward risk ratio trade (I am risking 35 pips to earn 75 pips or more).
Attached Image (click to enlarge)
Click to Enlarge Name: yyy.png Size: 163 KB
  • #449,326
  • Feb 9, 2017 7:46pm Feb 9, 2017 7:46pm
Quoting Bones
this pa then consolidation {quote} {image}
Hi consolidation from what Tulang (uncle) aka Bones

if your view in weekly I can say this Cable Flat from early 2016

it's just point of view.

we have range Daily, Weekly, Monthly, Yearly or Century maybe,

if you say PA in weekly, wow maybe big daddy in party.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeeklyglek.png Size: 51 KB



Happy Friday and GGH!
  • #449,327
  • Feb 9, 2017 7:48pm Feb 9, 2017 7:48pm
Hi B id go along with range yea

Quoting bithedz
{quote} Hi consolidation from what Tulang (uncle) aka Bones if your view in weekly I can say this Cable Flat from early 2016 it's just point of view. we have range Daily, Weekly, Monthly, Yearly or Century maybe, if you say PA in weekly, wow maybe big daddy in party. GBPUSDWeeklyglek.png;2181487 Happy Friday and GGH! {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,328
  • Feb 9, 2017 7:50pm Feb 9, 2017 7:50pm
Quoting Bones
righto 10 years you reckon gives us somthing {quote}
Help a brother out Bones, I know what you are saying, I doubt he does....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #449,329
  • Edited 8:08pm Feb 9, 2017 7:56pm | Edited 8:08pm
Quoting eqshack
Bought 1.2500 SL 85 TP open.. let the show begin she can pop either way
.
The pair broke below the lower boundary of a bullish channel and consolidated on the downside, which confirmed a negative outlook. The declining 20-period moving average (Black) crossed below the 50-period one (Red) (bearish signal). As long as 1.2540 is resistance, look for a further drop towards 1.2470/60. A break below this level would bring a further weakness to 1.2425. Only a break above 1.2540 would turn the outlook to positive and expect a further rise to 1.2580.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-02-10 07.00.04.png Size: 95 KB
  • #449,330
  • Feb 9, 2017 7:57pm Feb 9, 2017 7:57pm
oh ok scott im asking for something more than one liners then we know hes 10 years or are you kidding ??

Quoting Mr. Scott
{quote} Help a brother out Bones, I know what you are saying, I doubt he does....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,331
  • Feb 9, 2017 8:03pm Feb 9, 2017 8:03pm
lets see how real is that weekly and that one looked super bear

Quoting Bones
guess we understand the principle {image}
Attached Image (click to enlarge)
Click to Enlarge Name: JPY (DFB).png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,332
  • Feb 9, 2017 8:25pm Feb 9, 2017 8:25pm
Quoting Bones
righto 10 years you reckon gives us somthing {quote}
I think he has a point though, I've no idea what you meant by the EG chart.
you know (what?) with high probability?

There's no analysis attached.

Just a chart...
Come with me if you want to live....
  • #449,333
  • Feb 9, 2017 8:31pm Feb 9, 2017 8:31pm
the weekly failed ,take a look at Q eur gbp is down ,down
so cable to go to 1 ..

Quoting Ill-b-back
{quote} I think he has a point though, I've no idea what you meant by the EG chart. you know (what?) with high probability? There's no analysis attached. Just a chart...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,334
  • Feb 9, 2017 8:35pm Feb 9, 2017 8:35pm
I labeled it already just thought it was clear

Quoting Bones
on the same theme gbp lfx week -bear engulf above if you look at the pattern at the top where wick was a problem very sim set up here where its poss outright fail this candles different running into that really odd gap up fall set up I can see res to the left and its under broken tl {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,335
  • Feb 9, 2017 8:44pm Feb 9, 2017 8:44pm
For what its worth I have had this weekly plotted for the past two years and I think we have hit the bottom.

This would probably be confirmed if we break back above the 1.27723 level.

The chart is plotted from the equilibrium swings... i.e. what was above swings below.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 99 KB
  • #449,337
  • Feb 9, 2017 9:11pm Feb 9, 2017 9:11pm
Quoting Mr Breakout
Shorted more GBP/AUD at 1.6400 same 35 pip stop.
+50 pips, moving all stops to break-even.
You never know with this beast...
  • #449,338
  • Feb 9, 2017 9:11pm Feb 9, 2017 9:11pm
Quoting Bones
oh ok scott im asking for something more than one liners then we know hes 10 years or are you kidding ?? {quote}
Fair enough but that chart with no analysis or words speaks to me, doubt it speaks for all.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #449,339
  • Feb 9, 2017 10:42pm Feb 9, 2017 10:42pm
Quoting Bones
the weekly failed ,take a look at Q eur gbp is down ,down so cable to go to 1 .. {quote}
Yeah that's cool.

It's just that I thought he made a reasonable enough observation and you seemed to take it personally.
Come with me if you want to live....
  • #449,340
  • Feb 9, 2017 10:53pm Feb 9, 2017 10:53pm
its not the observation
it's only that he saying stuff without a chart or any outlook
thats the reason I'm complaining and asking ok its going 200 south back it up with something

Quoting Ill-b-back
{quote} Yeah that's cool. It's just that I thought he made a reasonable enough observation and you seemed to take it personally.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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