Cable Update (GBPUSD)
Hay man don’t want to look a goody 2 shoes here (joke)
D you think I should be looking at other pairs now while learning ??
I have noted these traders
Gbp/Usd
Happy New Year to you all ......
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Just wanted to stop by and give you guys some eye candy .
Tomorrow, if the US Dollar ( Swissy ) starts moving up and closing
-Then the Gbp/Usd may be on it's way to Bear Heaven ....
See Chart posted just below :
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( Double click on chart to enlarge )
Thats very intersting I will look at another GBP pair and post soon
nice charT friend... I was also loking at the swissy....here is mine! do you new people notice anything? ok i'll just tell ya the deal.... we have broken a tiny litlle minor trendline to the upside after breaking out of a channel to the downside and returning back into that channel..... now we are looking in the face of a 100 fib which lines up just about perfectly with previous support now turned resitance......(stopping to take a breath) when ok..... now...if that resistance to the upside breaks we are headed for the 138 fib at least....(not on my chart) and if not she goes back down ..... but our spidey senses tell us that the gap should get filled and wwen she breaks out of a channel and backinto it she might be inclined to push on right through it...well so we know what price usually likes to do.....and then we have resistance above that as well in 2 spots.... so we are monitoring the trade VERY carefully moving our stop to break even as soon as possible and wary that we are in a downtrend....now heres the kicker we are only looking at a 1 hour chart and we have resistance(s) to the upside....so we also know that trendlines/ resistance areas hold there resistance 80% of the time....... OH NO!!!!! so...... what are the possibilities and how can you trade this with little risk( like with a 5 pip stop loss) .... and if that upper trendline and resistance is in fact broken? can you all say party time!!!!! woohoo! good stuff! keep them charts coming!
ok thats it... you are being bad little boys and girls.... enough of the bullcrud amateur trade calls with absolutely NO anayis no cahrt no attempt to learn.... this is not a very good strategy jacob! ok giving you the benefit of the doubt.... you obviously made a techincal analysis backed up by fundamentals with charts on many differnt time frames and your 10 years of experience tol,d you that x y and z?!
OK new people are you in this thread for a reason besides trying to be right on your guesses once in a while so you can post a brag about it? some of are trying to make a living and trying to helop others that want to learn to do the same.....Are you prepared to work hard? are you willing to do whats neccesary to succeed? if not go play your games somewhere else.... here is the thing if you want the good traders to stick around and help out...you all better start asking nicely and getting involved with CHARTS and anaysis and asking for critiques and being open to other views so you can learn!
PLEASE REFRAIN FROM MAKING TRADE CALLS! ESPECIALLY IF YOU HAVE ABSOLUTELY NOTHING TO BACK IT UP WITH!
IF YOU ARE JUST GOING TO GUESS TO TRY TO IMPRESS SOMEBODY GO TELL YOUR SISTER! DON'T POST IT HERE! AND IF YOU ARE TRADING REAL MONEY WITHOUT KNOWING WHAT YOU ARE DOING GO GIVE IT TO CHARITY!'
sorry to all the nice people that want to learn and the good traders but its hard work trading and posting AND TRYING TO HELP EACH OTHER.... ok now go try to analyze a chart post it and then we can talk!
IF I see one more ridiculous post like that one........
Hay man don’t want to look a goody 2 shoes here (joke)
D you think I should be looking at other pairs now while learning ??
I have noted these traders
Gbp/Usd
This is closer look at Fibonacci Lines at work.........
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( Double click on chart to enlarge )
easy big guy, easy! lol!
