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Cable Update (GBPUSD)

  • #177,721
  • Oct 20, 2009 9:49am Oct 20, 2009 9:49am
Holey Deuce!

MY EJ trades just got wings!

Weeeeeeeeeeeeeeeeeeeeeeeeeeee!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,722
  • Oct 20, 2009 9:52am Oct 20, 2009 9:52am
Quoting pipslooker
Tau, interesting chart. i have never seen this indi. what you are saying is still gbp going up, if i am correct?
Good day to you,

what I am suggesting is that GU is manipulated. There is no real momentum right at this moment, according to some benchmarks I use - although price action dictates differently.

What I am suggesting, is that GU needs to move today to where it wants to be. A retrace / reversal is expected. Thus downward.... All indications are there for a bearish week - thus having to close the week lower than the open. This is a good 150 pips away...

BUT - stranger things have happened and price can be manipulated to infinity....

Regards
  • #177,723
  • Oct 20, 2009 9:56am Oct 20, 2009 9:56am
[quote=TauTrader;3162185]Good day to you,

what I am suggesting is that GU is manipulated. There is no real momentum right at this moment, according to some benchmarks I use - although price action dictates differently.

What I am suggesting, is that GU needs to move today to where it wants to be. A retrace / reversal is expected. Thus downward.... All indications are there for a bearish week - thus having to close the week lower than the open. This is a good 150 pips away...

BUT - stranger things have happened and price can be manipulated to infinity....

i agree with you, my tp is 6365
  • #177,724
  • Edited 10:17am Oct 20, 2009 10:04am | Edited 10:17am
There is a nice bearish pin on my 15 min chart
  • #177,725
  • Oct 20, 2009 10:11am Oct 20, 2009 10:11am
Quoting TauTrader
Good day to you,

what I am suggesting is that GU is manipulated. There is no real momentum right at this moment, according to some benchmarks I use - although price action dictates differently.

What I am suggesting, is that GU needs to move today to where it wants to be. A retrace / reversal is expected. Thus downward.... All indications are there for a bearish week - thus having to close the week lower than the open. This is a good 150 pips away...

BUT - stranger things have happened and price can be manipulated to infinity....

Regards
there only manipulation i see is price staling so shorters enter and get killed..i will be very surprised if this week isnt bullish..but that just my view only

have a good one T
  • #177,726
  • Oct 20, 2009 10:14am Oct 20, 2009 10:14am
usd update
Attached Image (click to enlarge)
Click to Enlarge Name: usdix h4.gif Size: 25 KB
  • #177,727
  • Oct 20, 2009 10:16am Oct 20, 2009 10:16am
Sorry dudes, bearish pin with test of backside of UTL. Here it is.

Quoting Nene
There is a nice bullish pin on my 15 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 41 KB
  • #177,728
  • Oct 20, 2009 10:16am Oct 20, 2009 10:16am
Quoting kill
usd update

you know you have a bullish divergence on your chart there don't you
Thank You
  • #177,729
  • Oct 20, 2009 10:17am Oct 20, 2009 10:17am
[quote=pipslooker;3162199]
Quoting TauTrader
Good day to you,

what I am suggesting is that GU is manipulated. There is no real momentum right at this moment, according to some benchmarks I use - although price action dictates differently.

What I am suggesting, is that GU needs to move today to where it wants to be. A retrace / reversal is expected. Thus downward.... All indications are there for a bearish week - thus having to close the week lower than the open. This is a good 150 pips away...

BUT - stranger things have happened and price can be manipulated to...
Good day to you,

I actually expect price to close in the region of 1.6470 to 1.6480 today...

I, personally am looking at Thursday / Friday for lower movement.
  • #177,730
  • Oct 20, 2009 10:17am Oct 20, 2009 10:17am
Double tap for support for EU, grabbed a couple, lets just see what she got to say!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,731
  • Oct 20, 2009 10:23am Oct 20, 2009 10:23am
The only correlation I'm seeing atm is yen weakness...
otherwise, the GU would be following the GJ or the EU.

Dr. D.
Attached Images
  • #177,732
  • Oct 20, 2009 10:25am Oct 20, 2009 10:25am
Quoting wormboy
you know you have a bullish divergence on your chart there don't you
salam bro

its looks like it i hope we we cross 60's on it and we are on thanks bro for the info
  • #177,733
  • Oct 20, 2009 10:27am Oct 20, 2009 10:27am
Quoting wormboy
you know you have a bullish divergence on your chart there don't you


bro whats u input for the dow
  • #177,734
  • Oct 20, 2009 10:27am Oct 20, 2009 10:27am
Quoting Magix
Double tap for support for EU, grabbed a couple, lets just see what she got to say!
Well, them tripped out s/l @ support....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,735
  • Oct 20, 2009 10:28am Oct 20, 2009 10:28am
Quoting kill
salam bro

its looks like it i hope we we cross 60's on it and we are on thanks bro for the info
wsalam.

watch the dow. If it breaks 10025 level you'll get your 60 no problem.

Good luck with your trading
Thank You
  • #177,736
  • Oct 20, 2009 10:30am Oct 20, 2009 10:30am
Quoting kill
sir what u think about the dow shell we go up to 10300 and come down or from here we shell see the reversal
I am selling everything with a very good gain
I am not shorting the DOW

I am gathering cash in case of a 3% pull back - then it all goes in

UK/netherlands/france/germany etf's plus oil/miners in UK/France

v happy at the mo

making dosh on shorts euro/cable

My biggest problems is that I make money but I am too tight to spend it

Flew manchester-heathrow-seattle sunday and all cattle class....

I need a self help manual for tight ass yorkshiremen
  • #177,737
  • Oct 20, 2009 10:31am Oct 20, 2009 10:31am
Quoting nAVIN2007
there only manipulation i see is price staling so shorters enter and get killed..i will be very surprised if this week isnt bullish..but that just my view only

have a good one T
Good day to you, Sir

Is this not the best? The forum is filled with different views, expectancies, hopes and fears.... this is exactly what is keeping this market going. Without this, there is nothing to trade.

I have to give you the benefit of the doubt - you are far, far more experienced. I am just voicing my opinion....

Side note.. 2 of my 3 shorts are now green... - Maybe I am a bit of a maverick...

You are respected...

Regards
  • #177,738
  • Oct 20, 2009 10:33am Oct 20, 2009 10:33am
Quoting allserene
I am selling everything with a very good gain
I am not shorting the DOW

I am gathering cash in case of a 3% pull back - then it all goes in

UK/netherlands/france/germany etf's plus oil/miners in UK/France

v happy at the mo

making dosh on shorts euro/cable

My biggest problems is that I make money but I am too tight to spend it

Flew manchester-heathrow-seattle sunday and all cattle class....

I need a self help manual for tight ass yorkshiremen
Next time make sure you use leeds/bradford so you can attend the sunday carboot sale .
You've got to be IN IT to WIN IT!
  • #177,739
  • Oct 20, 2009 10:33am Oct 20, 2009 10:33am
Quoting kill
bro whats u input for the dow
I am bearish for the dow & there's a possible selloff in the works. The dollar gaining ground does support the theory for now at least.
Chart below shows what I mean. Stay tuned
Attached Image (click to enlarge)
Click to Enlarge Name: dow.JPG Size: 74 KB
Thank You
  • #177,740
  • Oct 20, 2009 10:36am Oct 20, 2009 10:36am
Quoting allserene
I am selling everything with a very good gain
I am not shorting the DOW

I am gathering cash in case of a 3% pull back - then it all goes in

UK/netherlands/france/germany etf's plus oil/miners in UK/France

v happy at the mo

making dosh on shorts euro/cable

My biggest problems is that I make money but I am too tight to spend it

Flew manchester-heathrow-seattle sunday and all cattle class....

I need a self help manual for tight ass yorkshiremen

thnks for the info bro spend it befor u loss it
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