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Cable Update (GBPUSD)

  • #188,281
  • Dec 18, 2009 2:06am Dec 18, 2009 2:06am
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  • #188,282
  • Dec 18, 2009 2:07am Dec 18, 2009 2:07am
Its in! its in!
lowest draw down possible please.
  • #188,283
  • Dec 18, 2009 2:07am Dec 18, 2009 2:07am
Quoting joemiami
you think she headed back down ?
It just broke the resistance, i managed to anticipate it and currenly long +11 pips and stop already break even. I see strong buy orders, maybe it keeps heading up. Dont know, its a bit risky to enter now, it may retrace back. I made a "gamble" and entered at 1.6208 with tight stop. Huh, pretty agressive price movement we see here guys
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  • #188,284
  • Dec 18, 2009 2:09am Dec 18, 2009 2:09am
Here is that Fib 50 and the 4hr 24SMA...

WHOA
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #188,285
  • Dec 18, 2009 2:16am Dec 18, 2009 2:16am
Seems that a compression chart is in order... 5m chart,
look at the energy generated and the sudden release.

You figure the direction from your other devises.

Dr. D.
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  • #188,286
  • Dec 18, 2009 2:18am Dec 18, 2009 2:18am
http://www.marketwatch.com/story/boe...ons-2009-12-18

read that does it sound gbp bullish ? that is why this is going up?

I smell bs
Blogging daily now at www.volume.zone
  • #188,287
  • Dec 18, 2009 2:21am Dec 18, 2009 2:21am
Quoting malcolmb14
http://www.marketwatch.com/story/boe...ons-2009-12-18

read that does it sound gbp bullish ? that is why this is going up?

I smell bs
Watching with VSA...doesn't it look like the typical fake run to sell at better price? Greedy B@st@%&$....hope I'm right and the upmove was a manipulation.
"Hate the sin, love the sinner." - Gandhi
  • #188,288
  • Dec 18, 2009 2:26am Dec 18, 2009 2:26am
Quoting TheGabriel
Watching with VSA...doesn't it look like the typical fake run to sell at better price? Greedy B@st@%&$....hope I'm right and the upmove was a manipulation.

yes 100 % ... but how long this lasts for who knows.
Blogging daily now at www.volume.zone
  • #188,289
  • Dec 18, 2009 2:27am Dec 18, 2009 2:27am
Hello,

Resistance at 1.6243 will not break as I think,why?

I see a bearish divergence on hourly chart,a little bit risky trade to take.
May be I am wrong

atheer1
atheer1
  • #188,290
  • Dec 18, 2009 2:28am Dec 18, 2009 2:28am
I'm seeing this top at 6250 and big volume was withdrawn to me so I'm seeing this down from now.

As soon as I've seen it i removed my stop loss, this looked fake from the start... and it's nothing we haven't already seen. If I'd be a nasty hedge fund with big & damn i'd sell this big time. My sells are still opened on AUD and GBP, same thing happened. this is about the dollar to me.
"Hate the sin, love the sinner." - Gandhi
  • #188,291
  • Dec 18, 2009 2:30am Dec 18, 2009 2:30am
Quoting malcolmb14
http://www.marketwatch.com/story/boe...ons-2009-12-18

read that does it sound gbp bullish ? that is why this is going up?

I smell bs
Well. forex full of BS dont u think? i just woke up, and add a short @ 1.6235. Fibo 50 percent.. everything is about short. so i just pick my top. Good luck.
  • #188,292
  • Dec 18, 2009 2:30am Dec 18, 2009 2:30am
Quoting malcolmb14
http://www.forexfactory.com/showpost...stcount=188214

now there is a post .. not coming out of the woodworks after the drop has happened

This was a TEST of the ltl .... lol ...last time you argued this point we dropped 300 pip... pl;ease please as a good luck charm argue it again lol


**snickers**
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #188,293
  • Dec 18, 2009 2:31am Dec 18, 2009 2:31am
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  • #188,294
  • Dec 18, 2009 2:32am Dec 18, 2009 2:32am
Quoting dstryr
Why must everyone here bash each other ? Its an online forum....take everything with a grain of salt.
Agree. I think it's "the need to be right". We can't be right all the the time.
We are the TREND. Resistance is futile...
  • #188,295
  • Dec 18, 2009 2:33am Dec 18, 2009 2:33am
I'm short at the 1h 100ema (magenta dotted)
and the 30m 200ema (aqua dotted) @1.6239
with a tight stop in this craziness.

Dr. D.
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  • #188,296
  • Dec 18, 2009 2:34am Dec 18, 2009 2:34am
Quoting smuksin
I hope you've already closed it at it's peak ....don't get greedy my friend this is coming down.
"Hate the sin, love the sinner." - Gandhi
  • #188,297
  • Dec 18, 2009 2:36am Dec 18, 2009 2:36am
Im short from 6232
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  • #188,298
  • Dec 18, 2009 2:37am Dec 18, 2009 2:37am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
thoughts?
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  • #188,299
  • Dec 18, 2009 2:38am Dec 18, 2009 2:38am
Quoting joemiami
Im short from 6232
Reward very big compared to risk, good trade
"Hate the sin, love the sinner." - Gandhi
  • #188,300
  • Dec 18, 2009 2:42am Dec 18, 2009 2:42am
Quoting TheGabriel
I'm seeing this top at 6250 and big volume was withdrawn to me so I'm seeing this down from now.

As soon as I've seen it i removed my stop loss, this looked fake from the start... and it's nothing we haven't already seen. If I'd be a nasty hedge fund with big & damn i'd sell this big time. My sells are still opened on AUD and GBP, same thing happened. this is about the dollar to me.
I'm with you.....slight retracement on the hourly in my opinion......likely fake as you said.
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