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Cable Update (GBPUSD)

  • #138,641
  • Jun 20, 2009 4:45am Jun 20, 2009 4:45am
Quoting RichLadyFX
What makes you expect "good gap"? Upside?
reason being ..1.6610 r2..have proven to be a good supply area.and after the 2 failed attempt to bridge that area..we saw some,not so high a volume up and down range between 1.6530r1-1.6190s1(looks like accumulation 2 me..)..we sustained a close above this range area..if PA was to take out that area,the best way will be to either gap price through that area,or rapid price mark up..as some site are already reporting as i post of some price gap over the weekend quote.let's see where price open's as we have had a gazillion cases of such quote's over the wkend that never come to life.more adding's coming up..HOLLA
CAPTAIN Sycho..
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Imanuel Parsifal
  • #138,642
  • Jun 20, 2009 4:50am Jun 20, 2009 4:50am
Quoting LAO
Pound was always in a habit of making fast up movement to touch upper TL, Res or even make false break out before the drop. Besides, the correction in stock market seems to continue strengthening demand for dollar.

I wish we will be given a good price for short on Monday !
1.6610..should be a nice area to watch for sell opportunity..as it's clear shown to be proven area of supply..i will watch closely as we test r1 there..and short on 1st sight of reversal patterns on smaller tf's.1min,5m &15min..i will short her down..let's see how it all play's out..would be one interesting week..HOLLA
CAPTAIN Sycho..
Imanuel Parsifal
  • #138,643
  • Jun 20, 2009 5:02am Jun 20, 2009 5:02am
thank's for your advice. I'll keep an eye on that level too.
  • #138,644
  • Jun 20, 2009 5:12am Jun 20, 2009 5:12am
Quoting slykyn
don't wanna bitch arround but geppyg is right, the calls of sycho are annoying. 1.8 gu, 118gj.

so people trust urself, not what other ppl say. if not, its the way to lose ur shirt.
Brov...I dont mean to have a dig at him either...90% of traders here on these forum are short term traders not monthly traders...they are day traders...

There are traders like BIG_BRUV who give excellent long term calls but even he has a limit lol...

Leave cartoon sycho to his own mate....

My bet with syco is still on 1.5300 before 1.8000
Let Price determine your future!
  • #138,645
  • Jun 20, 2009 6:16am Jun 20, 2009 6:16am
After having checked the previous huge Cable's rallys and it's movement at the top of them when they begin consolidating I found only 2 possible scenarios both ending at 1.5300-1.5500.
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  • #138,646
  • Jun 20, 2009 6:36am Jun 20, 2009 6:36am
lets stick together weather times are good or bad, happy or sad.
  • #138,647
  • Jun 20, 2009 7:33am Jun 20, 2009 7:33am
Didn't think people would hang out here on the weekend but guess I am very wrong. Dame its bad weather so am stuck indoors and very surprise to see people posting..... dedicated traders
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #138,648
  • Jun 20, 2009 7:37am Jun 20, 2009 7:37am
Quoting MoeFx
lets stick together weather times are good or bad, happy or sad.
are u suggesting to get married?
  • #138,649
  • Jun 20, 2009 7:44am Jun 20, 2009 7:44am
Quoting Alihuzaifa
are u suggesting to get married?
who know's
  • #138,650
  • Jun 20, 2009 9:11am Jun 20, 2009 9:11am
Quoting Geppyg
1.8000
I dont care....where it goes....cos i am in profit of more than 150% on my account because of malcomb....
I only left the intresting part here....

You expect to trade based on what people say here?

I`ll bet you will eventually lose your account... i just don`t see anyone getting rich trading like that.

And don`t blame him... if his calls make him profitabile he is doing it right for him..... maybe your trading style doesn`t work with his calls... ok... but don`t blame him for sharing his views... if you lose money on the calls made here it`s YOUR fault, YOU are entering the trade...

Funny to see you are blaming the people posting here for your losses.

And to be on topic... looking at the daily and weekly candles... i`ll keep my bullish view... not sure for how long... but if you look at the weekly candles of GBP and S&P you will see GBP is pushed up no matter what....

We can see a very strong resistance @ 6600-6660... but i think there are good chances we will get through it... we had a double top and it refused to go lower... for me that means it`s determined to go at it again... and again untill it goes higher...(just a reminder don`t trade what i say trade your own systems)

And in the long run i think 1.8000 is a sure thing... but it depends on the stock market and the news when we will get there...

Green pips!
  • #138,651
  • Jun 20, 2009 9:16am Jun 20, 2009 9:16am
Quoting alexandru987
I only left the intresting part here....

You expect to trade based on what people say here?

I`ll bet you will eventually lose your account... i just don`t see anyone getting rich trading like that.

And don`t blame him... if his calls make him profitabile he is doing it right for him..... maybe your trading style doesn`t work with his calls... ok... but don`t blame him for sharing his views... if you lose money on the calls made here it`s YOUR fault, YOU are entering the trade...

Funny to see you are blaming the people posting here...
I aint got time for yu ignore list...done
Let Price determine your future!
  • #138,652
  • Jun 20, 2009 9:19am Jun 20, 2009 9:19am
Geppyg....I think everybody understands where you are coming from...

Dont let people like alexandru etc...affect your trading brov....Just stop posting here .

These guys come out of no where and post there crap...

Good Luck Mate....

Well done last week on your trades buddy...
  • #138,653
  • Jun 20, 2009 10:20am Jun 20, 2009 10:20am
Quoting rav700
Geppyg....I think everybody understands where you are coming from...

Dont let people like alexandru etc...affect your trading brov....Just stop posting here .

These guys come out of no where and post there crap...

Good Luck Mate....

Well done last week on your trades buddy...
So you are saying it`s ok to trade and risk your money based on what x and y say on this forum?

I thought what i said was common sense... you trade what you think, not what other say on a forum...

And since he had a 150% account growth i take it he is just starting with a small account, i only wanted to help him by saying what i said...

It`s his money after all...
  • #138,654
  • Jun 20, 2009 10:35am Jun 20, 2009 10:35am
Quoting slykyn
don't wanna bitch arround but geppyg is right, the calls of sycho are annoying. 1.8 gu, 118gj.

so people trust urself, not what other ppl say. if not, its the way to lose ur shirt.
oddly enough shyco can be really annoying at times and i have my issues with way he posts.

then out of the blue he makes an awesome call . like one he made in gj last week. He was bang on one day on thee trades 350 pip total . I do not think he took them all . But posted clearly what was going to happen
Blogging daily now at www.volume.zone
  • #138,655
  • Jun 20, 2009 10:37am Jun 20, 2009 10:37am
Quoting alexandru987
I only left the intresting part here....

You expect to trade based on what people say here?

I`ll bet you will eventually lose your account... i just don`t see anyone getting rich trading like that.

And don`t blame him... if his calls make him profitabile he is doing it right for him..... maybe your trading style doesn`t work with his calls... ok... but don`t blame him for sharing his views... if you lose money on the calls made here it`s YOUR fault, YOU are entering the trade...

Funny to see you are blaming the people posting...
you will get rich trading what I see ..lol .... so Geppy is all right following me

JUst kidding !!!
Blogging daily now at www.volume.zone
  • #138,656
  • Jun 20, 2009 10:42am Jun 20, 2009 10:42am
ok getting back to business

here is my thought on week ahead

this is a long post and covers all aspects of the markets with dollar index , dj , gj , eu and gu

the basics of it are that the trend on dj will continue down, the dollar index if that 4 hour stopping volume plays out will move up , bearish fo gu . Gu test 1.6600 and eu down as long as utl holds.

If the charts play out minimum targets are shown on the charts and are :

500 pip gj ,
250 - 400 gu
and 200 - 400 eu

should be a fun week ahead

now these charts could be completely wrong as these trade set ups look almost to easy . I will be watching the tops to form London / US on Monday

http://www.forexfactory.com/showpost...stcount=182725
Blogging daily now at www.volume.zone
  • #138,657
  • Jun 20, 2009 12:03pm Jun 20, 2009 12:03pm
Quoting sycho
1.6610..should be a nice area to watch for sell opportunity..as it's clear shown to be proven area of supply..i will watch closely as we test r1 there..and short on 1st sight of reversal patterns on smaller tf's.1min,5m &15min..i will short her down..let's see how it all play's out..would be one interesting week..HOLLA
CAPTAIN Sycho..
Hehe Captain Sycho, I'm agree with you, take a look at this daily chart on GBPLFX, I see an interesting double top, time to short the pound at least until 2.92, against the $ and yen

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Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #138,658
  • Jun 20, 2009 2:01pm Jun 20, 2009 2:01pm
I love the handbag fights on here - they are so gentle. When I post on a certain expats site, I am called all sorts of obscentities for no reason by a gang of bullies, but on here its more like a fun pillow fight between giggly young nuns - long may it remain so

I am going to try a long range short and just grit my teeth if it goes up 500 points. If it stays there, I will just bring more GBP from the UK to the US at the new rate and tell myself I lost nothing and still got a good rate

If it goes down I will cash the profit

Self deception is the key to happiness - reality was always unacceptable

Serenity IS achievable glasshopper
  • #138,659
  • Jun 20, 2009 3:22pm Jun 20, 2009 3:22pm
  • #138,660
  • Jun 20, 2009 4:33pm Jun 20, 2009 4:33pm
Quoting allserene
I love the handbag fights on here - they are so gentle. When I post on a certain expats site, I am called all sorts of obscentities for no reason by a gang of bullies, but on here its more like a fun pillow fight between giggly young nuns - long may it remain so

I am going to try a long range short and just grit my teeth if it goes up 500 points. If it stays there, I will just bring more GBP from the UK to the US at the new rate and tell myself I lost nothing and still got a good rate

If it goes down I will cash the profit

Self...
How old are these nuns .. virgins i assume
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