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Cable Update (GBPUSD)

  • #237,481
  • Jul 13, 2010 3:35am Jul 13, 2010 3:35am
Quoting budak baru
peace....
jangan dok bagi muka kat depa ni bro. taruk balik.
Thank You
  • #237,482
  • Jul 13, 2010 3:38am Jul 13, 2010 3:38am
alright guys....if enough folks are short right now this should squeeze them outta their positions and resolve the congestion to the upside...but we need lots & lotsa shorties for this to happen... 1.5080 and will see the pop...
Hear the music before the song is over ...
  • #237,483
  • Jul 13, 2010 3:39am Jul 13, 2010 3:39am
I still think we will touch 1.55 before fall down. This can take a week or two, but till then I'm more bullish
  • #237,484
  • Jul 13, 2010 3:40am Jul 13, 2010 3:40am
Re last post: increase in the core cpi rate and rpi rate causing the kneejerk data react buy £

G/L
ex member
  • #237,485
  • Jul 13, 2010 3:47am Jul 13, 2010 3:47am
my TP closed, waiting for another good position
  • #237,486
  • Jul 13, 2010 3:48am Jul 13, 2010 3:48am
Quoting GlobalMacro
alright guys....if enough folks are short right now this should squeeze them outta their positions and resolve the congestion to the upside...but we need lots & lotsa shorties for this to happen... 1.5080 and will see the pop...
Moved to B/E +2

What are you thinking, maybe back up to the daily pivot?
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,487
  • Jul 13, 2010 3:49am Jul 13, 2010 3:49am
Quoting GlobalMacro
alright guys....if enough folks are short right now this should squeeze them outta their positions and resolve the congestion to the upside...but we need lots & lotsa shorties for this to happen... 1.5080 and will see the pop...
very true brother!! took me a while to understand these dynamics and i believe its essential to understand inorder not to be caught..market will not go nowhere unless the majority are taken out..

80% lose so 20% win..

percentage may be wrong but u get the point

"Whenever you find you are on the side of the majority, it is time to pause and reflect" - Mark Twain
  • #237,488
  • Jul 13, 2010 3:51am Jul 13, 2010 3:51am
Quoting damonl
Moved to B/E +2

What are you thinking, maybe back up to the daily pivot?
yup...once 5080 cleared we're ready to take off...
Hear the music before the song is over ...
  • #237,489
  • Jul 13, 2010 3:57am Jul 13, 2010 3:57am
Quoting GlobalMacro
yup...once 5080 cleared we're ready to take off...

Wish I would have had a clearer signal at the bottom... well, I guess the 1Hr pin bar was pretty clear, but because of the 14 hour range, I had no divergence on M5, M15, or M30, and so I opted to stay out... would have been in with at least 3 -5 additional trades once I first went to B/E +2.

Wow.. this bar is huge.. could be we could see 1.52 afterall.. this bar is bigger than the bar on 7/1 that gave us 250 pips.
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,490
  • Jul 13, 2010 3:58am Jul 13, 2010 3:58am
Quoting nAVIN2007
very true brother!! took me a while to understand these dynamics and i believe its essential to understand inorder not to be caught..market will not go nowhere unless the majority are taken out..

80% lose so 20% win..

percentage may be wrong but u get the point

"Whenever you find you are on the side of the majority, it is time to pause and reflect" - Mark Twain
that's right bro...things don't happen just outta thin air...there's always a reason for everything ....
now this market looks real sexy don't you think?
Attached Image (click to enlarge)
Click to Enlarge Name: M30.gif Size: 12 KB
Hear the music before the song is over ...
  • #237,491
  • Jul 13, 2010 3:59am Jul 13, 2010 3:59am
Quoting wormboy
jangan dok bagi muka kat depa ni bro. taruk balik.
la ingat kan org putih.hehehe
Gold Expedition Return This Year: -16.4%
  • #237,492
  • Jul 13, 2010 4:02am Jul 13, 2010 4:02am
Quoting budak baru
la ingat kan org putih.hehehe
Is this even a language? lol
"Keep your eyes on the helpers" - Mr. Rogers
  • #237,493
  • Jul 13, 2010 4:02am Jul 13, 2010 4:02am
i think retracement to daily 5 sma is completed.we may go down now...
Gold Expedition Return This Year: -16.4%
  • #237,494
  • Jul 13, 2010 4:03am Jul 13, 2010 4:03am
Quoting damonl
Wish I would have had a clearer signal at the bottom... well, I guess the 1Hr pin bar was pretty clear, but because of the 14 hour range, I had no divergence on M5, M15, or M30, and so I opted to stay out... would have been in with at least 3 -5 additional trades once I first went to B/E +2.

Wow.. this bar is huge.. could be we could see 1.52 afterall.. this bar is bigger than the bar on 7/1 that gave us 250 pips.
1.4970 was an interesting one...
Hear the music before the song is over ...
  • #237,495
  • Jul 13, 2010 4:05am Jul 13, 2010 4:05am
timberrrrrrrrrrrrrrr
Attached Image
Thank You
  • #237,496
  • Jul 13, 2010 4:06am Jul 13, 2010 4:06am
Quoting wormboy
timberrrrrrrrrrrrrrr
What, no dancing bull? 5086 next
  • #237,497
  • Jul 13, 2010 4:08am Jul 13, 2010 4:08am
Quoting wormboy
timberrrrrrrrrrrrrrr

someone let that bear know...wrong party!!!
Hear the music before the song is over ...
  • #237,498
  • Jul 13, 2010 4:08am Jul 13, 2010 4:08am
Quoting wormboy
timberrrrrrrrrrrrrrr
Reached yesterdays entry point...
Don't be emo... don't be emo....
  • #237,499
  • Jul 13, 2010 4:09am Jul 13, 2010 4:09am
Quoting budak baru
la ingat kan org putih.hehehe
haha, besa la cover
Thank You
  • #237,500
  • Jul 13, 2010 4:10am Jul 13, 2010 4:10am
Quoting cloggie
What, no dancing bull? 5086 next
no
Thank You
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