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Cable Update (GBPUSD)

  • #157,101
  • Aug 12, 2009 3:47am Aug 12, 2009 3:47am
Quoting Bull_Bear
All Good Geppy... I have a BEER still riding on this one
On bullish engulfing
Two bullish engulfing
Third one take you straigt to 575 imho..

Those 2 scared my positions at 47.....lol
Out for now...Will reconsider on the third bullish engulfing...hahaha
Let Price determine your future!
  • #157,102
  • Aug 12, 2009 3:48am Aug 12, 2009 3:48am
Cable must take back the 1.6450 level, otherwise 1.6400 may not hold
Attached Image (click to enlarge)
Click to Enlarge Name: untitled1.JPG Size: 108 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,103
  • Aug 12, 2009 3:48am Aug 12, 2009 3:48am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Yes I am here, and very active. Also made sure everyone understands that coming from 135 to 170 is bullish not bearish.

I am like everyone else on this forum. I loose, I win and I predict, sometimes right, sometimes wrong but I do not criticize people because they were right or wrong or hold any grudge against anyone. I only argue which is healthy for reconsidering one's analysis.

Market has taught me a lesson long ago. It will teach all the loud mouths.
Sometimes again and again if they don't learn by one.




Quoting Geppyg
Good Luck mate,
I did not mean to offend you was praising you for not ....disappearing...
lol
Apologies...
  • #157,104
  • Aug 12, 2009 3:50am Aug 12, 2009 3:50am
I think she is back for 1.65
  • #157,105
  • Aug 12, 2009 3:52am Aug 12, 2009 3:52am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
DT mate, need your chart analysis....
  • #157,106
  • Aug 12, 2009 3:58am Aug 12, 2009 3:58am
For shorts now now 453 is a hards stop cos if we break it then there should be atleast a minimal 75 pips to 520 init for the short term bulls... close above that...on an 4 hourly and pheww..

10:30 is decision time inflation report time.....
Let Price determine your future!
  • #157,107
  • Aug 12, 2009 4:06am Aug 12, 2009 4:06am
Quoting Geppyg
For shorst now now 453 is a hards stop cos if we break it then there should be atleast a minimal 75 pips to 520 init for the short term bulls... close above that...on an 4 hourly and pheww..
It's like peeling off an onion mate..... Each layer needs to be taken off before the next layer can be exposed.

One lawyer at a time Geppyg, I try not to get ahead of myself mate.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,108
  • Aug 12, 2009 4:10am Aug 12, 2009 4:10am
Quoting Geppyg
Just added another [email protected]...
Wormie......still riding this from 6900...

My Best year ever...now stop moved down to 1.6700..
Once we clear 350 and close below it ..I guess we will have confimation for our long term shorts...
Trust me.....Best year ever.........

Good Luck Azim........

Have I actually caught the top...Will have to photograph this momment..for my kids........
Excellent trading bro
I'm holding from 6869 myself, stop @6565. Still gunning for 6350 before I move my stop.
Good luck to you too bro!
Thank You
  • #157,109
  • Aug 12, 2009 4:11am Aug 12, 2009 4:11am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Guess I wasn't wrong...

Same thing will happen before BOE news....

IMO, technically, gbp is oversold atm... I know this seems a bearish trend in a major bullish one but this is all technicals and they are all based on fundamentals....

What will happen if BOE gives indication of increase in IR within a month or 2...all tech charts will fail.

On the contrary, if they have don't they would be considered damn right later...

So all in all, follow the PA lead and forget the rest :-)






Quoting UncleSam123
GBP is going down before the news ha ha means its gonna go up after lol
  • #157,110
  • Aug 12, 2009 4:13am Aug 12, 2009 4:13am
Quoting Bull_Bear
Hi Guys,

Wormie I buy you that BEER if my stop @ 1.6380 is hit otherwise my longs is still alive. Last line of defence is 1.6400 level for me buddy
lol okay bro, make sure it's ice cold.
Thank You
  • #157,111
  • Aug 12, 2009 4:14am Aug 12, 2009 4:14am
Quoting wormboy
Excellent trading bro
I'm holding from 6869 myself, stop @6565. Still gunning for 6350 before I move my stop.
Good luck to you too bro!
Pardon me for my ignorance your stop at 565 to protect profits...could you tell me why you have selected this actuall figure brov..:-)

Thanks
Let Price determine your future!
  • #157,112
  • Aug 12, 2009 4:21am Aug 12, 2009 4:21am
If anyone want to see the speech alive.
http://www.bankofengland.co.uk/

http://streamstudio.world-television...m=wm-video-300
I am back. Actually, I never left...
  • #157,113
  • Aug 12, 2009 4:21am Aug 12, 2009 4:21am
Quoting wormboy
lol okay bro, make sure it's ice cold.
Not over till the fat lady sings..... but whats a beer between friends

Hang on, just tastes nicer when you buy
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,114
  • Aug 12, 2009 4:29am Aug 12, 2009 4:29am
Quoting Geppyg
Pardon me for my ignorance your stop at 565 to protect profits...could you tell me why you have selected this actuall figure brov..:-)

Thanks
Okay ... I put this up yesterday:
http://www.forexfactory.com/showpost...stcount=156845

Here's the same chart attached below, as you can see there's a lot of wood to chop before I could get stopped out. Hope that helps bro
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 62 KB
Thank You
  • #157,115
  • Aug 12, 2009 4:31am Aug 12, 2009 4:31am
Quoting Bull_Bear
Not over till the fat lady sings..... but whats a beer between friends

Hang on, just tastes nicer when you buy
forget singing, that fat lady's screaming short now
anyway, good luck with your trade bro
Thank You
  • #157,116
  • Aug 12, 2009 4:35am Aug 12, 2009 4:35am
Jiiiihaaa speek, man speek, hahaha, and i "m earning.
I am back. Actually, I never left...
  • #157,117
  • Aug 12, 2009 4:41am Aug 12, 2009 4:41am
Morning all,

as King is on the wires I thought i'd make & upload the review to my Non- farm payroll trade which I did on the 07-08-09.

Ended up taking +93 pips - not bad for 10 mins work

Inserted Video


Please comment / rate the video as it helps others learn.

Cheers WG
  • #157,118
  • Aug 12, 2009 4:42am Aug 12, 2009 4:42am
Quoting wormboy
forget singing, that fat lady's screaming short now
anyway, good luck with your trade bro
Cheers bro either way it will taste just as sweet.

I now have two positions to the upside.....

1.6400 and 1.6470 SL... for both is 1.6380 total loss would be -110pips

ALL good for pippen bro
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,119
  • Aug 12, 2009 4:45am Aug 12, 2009 4:45am
Quoting Bull_Bear
Cheers bro either way it will taste just as sweet.

I now have two positions to the upside.....

1.6400 and 1.6470 SL... for both is 1.6380 total loss would be -110pips

ALL good for pippen bro
DONT WORRY IT WILL NOT HIT UR S/L
BEST OF LUCK
  • #157,120
  • Aug 12, 2009 4:48am Aug 12, 2009 4:48am
What will happen then with me? My targets are 1.634 and 1.6295.

Well, we will see.
I am back. Actually, I never left...
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