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Cable Update (GBPUSD)

  • #189,521
  • Dec 27, 2009 5:14pm Dec 27, 2009 5:14pm
Ok guys what u think ? up or down
  • #189,522
  • Dec 27, 2009 5:20pm Dec 27, 2009 5:20pm
Quoting dil
Ok guys what u think ? up or down
I think 5-7 hours up to 1.5980
  • #189,523
  • Dec 27, 2009 5:29pm Dec 27, 2009 5:29pm
Quoting Endrju
you don't know a thing about Latvia, it's politics or even more history
Distinguished man, Calm...
  • #189,524
  • Dec 27, 2009 5:37pm Dec 27, 2009 5:37pm
Endrju, you should be banned for the bs you write here! Russia has around 150M people and you say they are bad. How can you know all them? Just because you've made some bad experience with one or a group of those people are you telling us that all are the same. Look at your charts, all are candles or bars, but none the same! If you want to be a successful trader, you most propbably should change your behaviour. And my advice to you, delete this username, open a new one and be nice. A private excuse to Privet would show you've understood that you're not on the right way.

Quoting Endrju
you don't know a thing about Latvia, it's politics or even more history
  • #189,525
  • Dec 27, 2009 5:38pm Dec 27, 2009 5:38pm
Quoting jaboo
will someone that knows Elliot wave please critique.

charts of EUR/USD and GBP/USD

thanks all!
this may help


http://www.esignalcentral.com/univer...anual_ch10.pdf
Blogging daily now at www.volume.zone
  • #189,526
  • Dec 27, 2009 5:41pm Dec 27, 2009 5:41pm
Quoting Privet
I think 5-7 hours up to 1.5980

Thanks mate!

Do you see this then continuing downward from 1.5980?

Hope your holidays were good!
  • #189,527
  • Dec 27, 2009 5:42pm Dec 27, 2009 5:42pm
8 hours charts

pretty much sideways action 6020 to 15920...

rsx is pointing up but price is not following. I have noticed with rsx when price does not follow it is bearish

breaks of 1.5920 opens 1,5744 area

I doubt this week will hold any major moves as most countries have bank holidays and US stock market closes half day on Thursday

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #189,528
  • Dec 27, 2009 5:57pm Dec 27, 2009 5:57pm
Sell gbp/usd - 1,5957 - target 1,5905 - buy here and target 1,5935
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #189,529
  • Dec 27, 2009 5:58pm Dec 27, 2009 5:58pm
Quoting malcolmb14
8 hours charts

pretty much sideways action 6020 to 15920...

rsx is pointing up but price is not following. I have noticed with rsx when price does not follow it is bearish

breaks of 1.5920 opens 1,5744 area

I doubt this week will hold any major moves as most countries have bank holidays and US stock market closes half day on Thursday

Attachment

It is a great time for scalping!!
  • #189,530
  • Dec 27, 2009 6:00pm Dec 27, 2009 6:00pm
Closed 5956 +2 pips overleveraded trade 1:30 up
  • #189,531
  • Dec 27, 2009 6:13pm Dec 27, 2009 6:13pm
short @ 1.5955 sl 1.6035 tp 1.58XX
  • #189,532
  • Dec 27, 2009 6:31pm Dec 27, 2009 6:31pm
buy @ 1.5943, any suggestion?
  • #189,533
  • Dec 27, 2009 6:31pm Dec 27, 2009 6:31pm
rofl...............
lowest draw down possible please.
  • #189,534
  • Dec 27, 2009 6:33pm Dec 27, 2009 6:33pm
Quoting ehrek
rofl...............

what?
  • #189,535
  • Dec 27, 2009 6:46pm Dec 27, 2009 6:46pm
Happy New Year All

KG
  • #189,536
  • Dec 27, 2009 6:46pm Dec 27, 2009 6:46pm
I have just seen these random posting by all these traders I dont know what your experiance is but any good trader will tell you entries of going short or long...at levels like these without any plan just seems so crazy...

Not here to debate...but ..what are you going to achieve...by posting am short and long at this level without any technical or fundamental explanation...

Most Traders who take an entry have a valid reason for taking a trade not i think so....to be honest...it disgusts me to see posts like this...

Not here to judge anyone....but just my 2 pence ....

I am taking no entries till we see extremes. ie 60205920 regions...with low stops..these are the only suitable entries...unless you are in the 1 min trending game like a techincal trader called turveyed..

Good Luck in your trades
GeppyG
Let Price determine your future!
  • #189,537
  • Dec 27, 2009 7:39pm Dec 27, 2009 7:39pm
and why even play when we have the whole year ahead of us and 99.999999% of pros are not even going to be in the market this week.

these traders are addicts ... just like me...

Quoting Geppyg
I have just seen these random posting by all these traders I dont know what your experiance is but any good trader will tell you entries of going short or long...at levels like these without any plan just seems so crazy...

Not here to debate...but ..what are you going to achieve...by posting am short and long at this level without any technical or fundamental explanation...

Most Traders who take an entry have a valid reason for taking a trade not i think so....to be honest...it disgusts me to see posts like this...

Not here to judge anyone....but...
Blogging daily now at www.volume.zone
  • #189,538
  • Dec 27, 2009 7:43pm Dec 27, 2009 7:43pm
Quoting malcolmb14
and why even play when we have the whole year ahead of us and 99.999999% of pros are not even going to be in the market this week.

these traders are addicts ... just like me...
Ello, Hows it goin malc....hope you had a lovely christmas day..knowing you probably celebrated your christmas in style in that helicopter of yours...


Hope all is well matey
Take care
Let Price determine your future!
  • #189,539
  • Edited 10:23pm Dec 27, 2009 10:12pm | Edited 10:23pm
Quoting forexstrah
Thanks mate!

Do you see this then continuing downward from 1.5980?

Hope your holidays were good!
(Thank you!!!! and you?)

I did not answer because was sleep (sorry).
May be from 1.59916 continuing downward , but I'm monitoring.
This is market
  • #189,540
  • Dec 27, 2009 10:22pm Dec 27, 2009 10:22pm
Quoting malcolmb14
and why even play when we have the whole year ahead of us and 99.999999% of pros are not even going to be in the market this week.

these traders are addicts ... just like me...
Without reading the whole history of this discussion, so true, why trade. However, this is a scalpers dream market, because short of something major happening in the world, no major supports or resistances will be broken here. Play the way down up and the way up down.
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