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Scrat replied Oct 22, 2007agree. easy to trade&predict when it's not your money at stake.
Cable Update (GBPUSD)
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Scrat replied Oct 22, 2007not quite crazy. how about something close to 2.05, like 2.0480?
Cable Update (GBPUSD)
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Scrat replied Oct 22, 2007yes, it should be a bounce. but i don't see any reversal signs so i'm not going long yet. if 2.0260 is broken, i will pay attention next to 2.0240, then 2.0200 and then 2.0160. i'll go long at one of these levels IF I SEE A REVERSAL PATTERN.
Cable Update (GBPUSD)
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Scrat replied Oct 22, 2007it's not magic...
now? nothing new from the last time: a new daily wave probably started and it's going down. short term, probably a retracement to anywhere between 2.0422 - 2.0499 (but mostly around 2.0422, 2.0454, 2.0478, 2.0499). long term... ...Cable Update (GBPUSD)
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Scrat replied Oct 22, 2007i thought I was alone. when i put my chart with EW count, everybody was long... bullrock almost made fun of me with a chart that only had trendlines... lol... oh well.
Cable Update (GBPUSD)
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Scrat replied Oct 22, 2007so it went down after all. hm. just when i was about to give up my shorts... i shorted at 2.0538... nice profit so far. but i don't have a tp.
Cable Update (GBPUSD)
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Scrat replied Oct 21, 2007i have also explained this on auslanco's thread: if you look at weekly chart, the last high (240.66) was not that close to a fib ratio (i wanted to see either 0.618, or 0.707/0.786, not the plain 0.67 that is now). this suggests the move up is not ...
Karmo's trading strategy trading GBP/JPY
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Scrat replied Oct 18, 2007or not. i wanted to show this chart with a possible evolution (i posted something similar some time ago). price is at wave b level, and as you can see, still in the potential reversal zone (which goes from 0.618 to 0.886, sometimes even 0.93). run a ...
Cable Update (GBPUSD)
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Scrat replied Oct 18, 2007i don't know what got into me... usually i'm not like this, but these days i can't escape from this bearish view on cable. i still have a pending short @ 2.0530... help. p.s. i guess i need some rest so see you all later.
Cable Update (GBPUSD)
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Scrat replied Oct 18, 2007right. and until 2.05 is broken, i don't imagine a bull run. after that, i'm all bull
. Cable Update (GBPUSD)
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Scrat replied Oct 18, 2007thanks for the reply. needless to say, i also could be wrong... and that's why there's always SL.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Oct 18, 2007Aus, i don't have the time for a chart now so i'll be short... and when time permits, i'll come back with a pic. i think we're still on an uptrend (long term) since weekly chart shows a 0.67 retracement from the last big drop... (not a very nice ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Oct 18, 2007long at 236.50. i'm risking 60 pips for 300.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Scrat replied Oct 18, 2007thanks... i am having fun already. i set my tp at 2.02. first tp. let's see.
Cable Update (GBPUSD)
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Scrat replied Oct 18, 2007i am short from 2.0470, with a SL at 2.05. that's what i see on my chart. i guess i'm the only one with a bearish view at this moment. but unless g-u breaks 2.05... my charts say it's going down.
Cable Update (GBPUSD)
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Scrat replied Oct 18, 2007this is exactly what i've been expecting. 2.0470. another h4 cycle completed. if 2.0493 holds, i think we'll see a nice drop. IF. if not, all bullish scenarios might come true.
Cable Update (GBPUSD)
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Scrat replied Oct 17, 2007since i'm again the only one without a bearish view, i would like to remind you all that we are in a bullish trend (still...) and that most probable we just started another h4 wave up (from 235.90). in this case, i would expect a rebound up from ...
Auslanco - GBP/JPY and GBP/USD (newstrade)