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Cable Update (GBPUSD)

  • #200,081
  • Feb 17, 2010 3:21am Feb 17, 2010 3:21am
Quoting negro wolf
activated
Seems like you are lucky enter a short at the current level !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #200,082
  • Feb 17, 2010 3:21am Feb 17, 2010 3:21am
Quoting fendi
[color=Blue]Are you refering to me. If you are look at my first post in here today, and you would read my analysis and even the one's i sent out for this move now....... I really don't have to explain to you in details, everyone shld know area's of entry's as support and resistance..... so what's the big deal in explaining, when i have people online to train and signal out to......... Give me a simple analysis of G/U and potential area's and look at all my post with area's on entry and exit both in the long term and in the short term........ My...

They need attitude adjustment. Citic you have to learn to respect other ppl an their opinions. I am sure u have loosing trades. And for every lost trade do u bang ur heard from the table and call yourself a clown?
  • #200,083
  • Feb 17, 2010 3:21am Feb 17, 2010 3:21am
Quoting fendi
[color=Blue]Are you refering to me. If you are look at my first post in here today, and you would read my analysis and even the one's i sent out for this move now....... I really don't have to explain to you in details, everyone shld know area's of entry's as support and resistance..... so what's the big deal in explaining, when i have people online to train and signal out to......... Give me a simple analysis of G/U and potential area's and look at all my post with area's on entry and exit both in the long term and in the short term........ My...

They need attitude adjustment. Citic you have to learn to respect other ppl an their opinions. I am sure u have loosing trades. And for every lost trade do u bang ur head from the table and call yourself a clown?
  • #200,084
  • Feb 17, 2010 3:22am Feb 17, 2010 3:22am
Quoting fendi
[color=blue]Are you refering to me. If you are look at my first post in here today, and you would read my analysis and even the one's i sent out for this move now....... I really don't have to explain to you in details, everyone shld know area's of entry's as support and resistance..... so what's the big deal in explaining, when i have people online to train and signal out to......... Give me a simple analysis of G/U and potential area's and look at all my post with area's on entry and exit both in the long term and in the short term........ My...
Why have you not placed me on ignore yet. First off, I have never once quoted anything you said...look back through my posts so NO I AM NOT REFERING TO YOU NOR HAVE I EVER.

Second I don't give a crap if you are Warren Buffet. I never came onto this thread to learn how to trade, I came on here to pass the time.

SO I ASK OF YOU ONE MORE TIME. PLEASE PLACE ME ON IGNORE SO YOU DON'T GET CONFUSED IF I AM TALKING ABOUT YOU OR NOT, SINCE OBVIOUSLY YOU THINK THE WORLD REVOLVES AROUND YOU.
  • #200,085
  • Feb 17, 2010 3:23am Feb 17, 2010 3:23am
hello guys, in my opinion (still newbie ) it's a common behaviour of Cable just before GBP data (in 7minutes) price falls and after that shoot up
I am shorting right now from 1.5786 but this is only a very short-term trade with TP at 1.5750.
Lets look at daily candle it's bullish
  • #200,086
  • Feb 17, 2010 3:27am Feb 17, 2010 3:27am
Quoting omiunu
mr. Bullbear sir! You've been a source of inspiration and enlightenment to a lot of us in this forum and i personally have developed the habit of comparing your analysis to mine b4 taking trades. And i have seen over time that when my analysis, yours and wormboy's are in alignment we are always right. Right now my analysis says down, but i keep hearing up, up, up from you. Dear sir, i honestly think you've made a mistake in your analysis. Please reconsider. Much respect to you. I knw a close of the hourly candle below 1.5745 spells the end for anything...
Omiunu, I'm glad you have taken a bite out of the apple. To short now is premature to me, but thats me. Two points of interest to me are 1.5840 and 1.5870... probably the later

Good Luck
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #200,087
  • Feb 17, 2010 3:29am Feb 17, 2010 3:29am
Quoting negro wolf
pending sell order @ 1.57760

T.P = 1.5728


News Boys are all around...
  • #200,088
  • Feb 17, 2010 3:30am Feb 17, 2010 3:30am
Quoting omiunu
. I knw a close of the hourly candle below 1.5745 spells the end for anything bullish right now.

Good stuff.
dp is @5735 so you're not far off. But, since you already know it has to close below dp to flip bearish, wisest thing to do is to buy the dip. If you've sold from 5800, don't be greedy
We're still buying the dips. Good luck
Thank You
  • #200,089
  • Feb 17, 2010 3:31am Feb 17, 2010 3:31am
Quoting bonus76
They need attitude adjustment. Citic you have to learn to respect other ppl an their opinions. I am sure u have loosing trades. And for every lost trade do u bang ur head from the table and call yourself a clown?
Bonus,

I have always treated everyone with respect in this forum. Long or short, win or lose it doesn't matter. But posting this:


this level -> 1.5780
Its a good time to short from here

There is no way it is going north.
Long term it is much drop from here

Is not a good reason to short. No explaination, no chart, no analysis, no fundamental reason. I am just to short because THERE IS NO WAY IT IS GOING NORTH. I am sorry, that is a clown post. Like I said before, why not put something like:

this level -> 5780
Its a good time to short from here

Long term we are in a downtrend and we see a point of resistance slightly above. Candlestick pattern that has formed is a continuation pattern thus should continue south.

Now, that reason gives something to argue or agree with, win or lose at least it adds something to the discussion.
  • #200,090
  • Feb 17, 2010 3:34am Feb 17, 2010 3:34am
Quoting wormboy
Good stuff.
dp is @5735 so you're not far off. But, since you already know it has to close below dp to flip bearish, wisest thing to do is to buy the dip. If you've sold from 5800, don't be greedy
We're still buying the dips. Good luck
Wormie,

How you doing today. I am getting hammered by people that think I am bashing them.

C.
  • #200,091
  • Feb 17, 2010 3:36am Feb 17, 2010 3:36am
Retrace zone is proving to so far be a tuff nut to crack for the bulls. Because we are still above support lines, I don't show the full on bear yet, but am expecting the monthly/weekly trend to prevail throughout the balance of the week.

Rode the retrace to top, caught a few on the way down. Going for a nap and see whats a shaking for NY.

Happy trading campers!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #200,092
  • Feb 17, 2010 3:44am Feb 17, 2010 3:44am
Quoting Ctic
Bonus,

I have always treated everyone with respect in this forum. Long or short, win or lose it doesn't matter. But posting this:


this level -> 1.5780
Its a good time to short from here

There is no way it is going north.
Long term it is much drop from here

Is not a good reason to short. No explaination, no chart, no analysis, no fundamental reason. I am just to short because THERE IS NO WAY IT IS GOING NORTH. I am sorry, that is a clown post. Like I said before, why not put something like:

this level -> 5780
Its a good time to short from...

i have learn so much from you guys. i was hopless trader before i started following this tread and i have learn so much since than. Now i have lot more winning than loosing trades.. I always be thankful for that. Just i belive everyone should be respected.
Thanks
  • #200,093
  • Feb 17, 2010 3:47am Feb 17, 2010 3:47am
For me there is still more dip, only if the news changes event. My entry from early hours of today has been targeted at 1.5710 pending order. Thats my best shot for LONG, but in the event it doesn't wld take a swing


Quoting wormboy
Good stuff.
dp is @5735 so you're not far off. But, since you already know it has to close below dp to flip bearish, wisest thing to do is to buy the dip. If you've sold from 5800, don't be greedy
We're still buying the dips. Good luck
  • #200,094
  • Feb 17, 2010 3:48am Feb 17, 2010 3:48am
Quoting bonus76
i have learn so much from you guys. i was hopless trader before i started following this tread and i have learn so much since than. Now i have lot more winning than loosing trades.. I always be thankful for that. Just i belive everyone should be respected.
Thanks
I agree with you 100%. My whole point is Newbie or not, try to add something positive to the discussion. Give a reason why you think it is going to go one way or the other. Win or lose at least you had your reasons for going the way you did. I wish everyone in the forum won every day. Remember it is us (all us little guys) against the big boys (banks, governments, businesses, etc..)

C.
  • #200,095
  • Feb 17, 2010 3:49am Feb 17, 2010 3:49am
The question is can we go under 1.5730 Also my daily PVT
Watching 1H
  • #200,096
  • Feb 17, 2010 3:51am Feb 17, 2010 3:51am
15 minutes after GBP news stuck exactly at DP 1.5734 ---> So what we do ? Please do what ever you do !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #200,097
  • Feb 17, 2010 3:56am Feb 17, 2010 3:56am
Quoting bonus76
i have learn so much from you guys. i was hopless trader before i started following this tread and i have learn so much since than. Now i have lot more winning than loosing trades.. I always be thankful for that. Just i belive everyone should be respected.
Thanks
Sound nice !!!!!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #200,098
  • Feb 17, 2010 4:01am Feb 17, 2010 4:01am
I'm LONG with BB. He's the MAN!!
May the forex be with you |
  • #200,099
  • Feb 17, 2010 4:04am Feb 17, 2010 4:04am
Quoting egkid
The question is can we go under 1.5730 Also my daily PVT
Watching 1H
Direction in my view clear depends on 1H But (Daily down)
Long or short that depends on ur TF and TP

GL All
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  • #200,100
  • Feb 17, 2010 4:06am Feb 17, 2010 4:06am
Yep, the horse has got it.

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