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Cable Update (GBPUSD)

  • #449,481
  • Feb 12, 2017 9:44pm Feb 12, 2017 9:44pm
within a broader wedge thingy...?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 28 KB
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  • #449,482
  • Feb 12, 2017 9:51pm Feb 12, 2017 9:51pm
Quoting Ill-b-back
looks like reverse H&S off the channel retest {image}
That's precisely what I explained here.
http://www.forexfactory.com/showthre...03#post9552903
Good analysis my friend.
  • #449,483
  • Feb 12, 2017 9:54pm Feb 12, 2017 9:54pm
Quoting A-speculator
Ok mate. Good luck bro.
Good luck to you too Sir, thank you for your input.
  • #449,484
  • Feb 12, 2017 9:56pm Feb 12, 2017 9:56pm
Quoting Mr Breakout
{quote} That's precisely what I explained here. http://www.forexfactory.com/showthre...03#post9552903 Good analysis my friend.
Thanks.
From memory, you were talking about the failed bearish H&S. This is a bullish one.

Would like to see 4165 for entry

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 27 KB
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  • #449,485
  • Feb 12, 2017 9:57pm Feb 12, 2017 9:57pm
Quoting Mr Breakout
{quote} Waiting for action... I am in no hurry... In the long run you are going to miss a lot of opportunities ($$$) with that kind of reasoning. For example let's say you wait 3 months for a Head and Shoulders formation on the daily chart or 4 charts. You finally pull the trigger and make (hopefully) 180 pips, assuming the pattern does not fail of course. In the meantime day-trader X has made 750 pips during that same period of time, just with the 15-min charts. See the problem here?
we also gone over this, I want less trades...common man, its just barely Monday morning...
Look Sharp/Trade Tight
  • #449,486
  • Feb 12, 2017 10:03pm Feb 12, 2017 10:03pm
Quoting PayTheLimit
.common man, its just barely Monday morning...
Money never sleeps pal (especially in the Forex market), you should know that by now ....
Anwyay, trade well.

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  • #449,487
  • Feb 12, 2017 10:04pm Feb 12, 2017 10:04pm
Quoting Mr Breakout
{quote} That's precisely what I explained here. http://www.forexfactory.com/showthre...03#post9552903 Good analysis my friend.
sorry, yeah, you talked about good bullish profit potential
Come with me if you want to live....
  • #449,488
  • Feb 12, 2017 10:08pm Feb 12, 2017 10:08pm
Quoting Mr Breakout
{quote} Money never sleeps pal, you should know that by now .... https://www.youtube.com/watch?v=PF_iorX_MAw
I know man, I know..but I sleep...anyways, I admire your gusto, truly, and I've been down that road, but now I'm in a different phase of my career, I just want to wet my beak, and be on my way....
Look Sharp/Trade Tight
  • #449,489
  • Feb 12, 2017 10:16pm Feb 12, 2017 10:16pm
Quoting PayTheLimit
{quote} I know man, I know..but I sleep...anyways, I admire your gusto, truly, and I've been down that road, but now I'm in a different phase of my career, I just want to wet my beak, and be on my way....
Don't worry my friend you are almost there, take it one day at a time, keep up the good work, keep studying those charts and everything will be fine
  • #449,490
  • Feb 12, 2017 10:19pm Feb 12, 2017 10:19pm
Quoting Mr Breakout
{quote} Don't worry my friend, take it one day at a time, keep up the good work, keep studying those charts and everything will be fine
lol, thanks for the words of encouragement...and keep up the good work yourself...
Look Sharp/Trade Tight
  • #449,491
  • Feb 12, 2017 11:59pm Feb 12, 2017 11:59pm
17/02/13 monday 08:50+1gmt
early morning report
Ubi maior minor cessat
  • #449,492
  • Feb 13, 2017 12:01am Feb 13, 2017 12:01am
Quoting Dr.Zain
GBP/USD s under pressure & failed to break above its key resistance at 2525 and is consolidating on the downside. The RSI is around its neutrality level atm limiting the pair under 2525. As long as this key level holds on the upside, look for a further drop toward 1.2440. A break below this level would call for a further decline toward 2420 & to 2300 (elbert3 qoutes). Only a break above 1.2525 would turn the outlook to positive with an up target at.2550/80!!!!!!!!
Sterling might take 50% retracement level near 2345, the upside momentum seems faded, the downside tone remains firm.Initial resistance near 2525 is intact, but the 2570/2600 may be a stronger one.
  • #449,493
  • Feb 13, 2017 12:04am Feb 13, 2017 12:04am
I kinda like this scenario right now...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 57 KB
Look Sharp/Trade Tight
  • #449,494
  • Feb 13, 2017 12:10am Feb 13, 2017 12:10am
Waiting movement by arrow. Balance long
Attached Image (click to enlarge)
Click to Enlarge Name: 13.02.jpg Size: 152 KB
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  • #449,495
  • Feb 13, 2017 12:25am Feb 13, 2017 12:25am
Quoting Dr.Zain
{quote} Sterling might take 50% retracement level near 2345, the upside momentum seems faded, the downside tone remains firm.Initial resistance near 2525 is intact, but the 2570/2600 may be a stronger one.
Morning Dr I have a small tl at 40 stopped it last night 26 pips . So just taking a position here let's see what happens B
  • #449,496
  • Feb 13, 2017 12:44am Feb 13, 2017 12:44am
testing 1.2535 , ok . breaks can go 2563 & 76 /2632 before break down toward 2253 or breaks top & new top signal levels 1.2794 . anyways whatever happen my views remain the same , in strong bullprobable , it is better go bottom & retest to jump fast .so bull in both scenarios . take care , fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #449,497
  • Feb 13, 2017 12:48am Feb 13, 2017 12:48am
Quoting elbert3
{quote} Morning Dr I have a small tl at 40 stopped it last night 26 pips . So just taking a position here let's see what happens B
Pp 27 now
  • #449,498
  • Feb 13, 2017 12:55am Feb 13, 2017 12:55am
its catching
http://www.smbtraining.com/blog/is-t...tern-on-the-sp


Quoting Ill-b-back
looks like reverse H&S off the channel retest {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,499
  • Feb 13, 2017 1:09am Feb 13, 2017 1:09am
hes speaking about a direct calculation

Quoting Mr Breakout
{quote} My friend, forget about correlations, sometimes they work and sometimes they don't.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #449,500
  • Feb 13, 2017 1:09am Feb 13, 2017 1:09am
this one

Quoting A-speculator
{quote} GJ follows 2 pairs which are GU & UJ.. Sometime the move offset one another.. The upmove as you see it mostly following UJ moves..
On-site guru & also FF member's' psychiatrist, when not drinking tea
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