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Cable Update (GBPUSD)

  • #252,701
  • Sep 13, 2010 1:44pm Sep 13, 2010 1:44pm
Quoting pawpaw1000
Quick question on Fibre here...

We have, since Asia, had a 180 pip move even though we had quite a bit of bad news coming out. We are also looking techinically ready for a nice drop looking at previous s/r...

what do you guys think? I'm going short!
Double hulls x for further downside movement.

Close below current would give support areas a possible test run.

Euro has had some jam today, but you might score nicely on this one P.

Holding nothing current...

Good luck on your trades mango.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,702
  • Sep 13, 2010 1:46pm Sep 13, 2010 1:46pm
Quoting Gbp/usd
I learnt to stay away from the poor as they seem to have a crude sense of loyalty. It's much better to just get on with your life than to worry about others who would do the same if the roles were reversed.
JEEPERS! What is this, the queens tea party? where do you come from to say such a stereotypical thing like that! WOWIE!

"I stay away from the poor" (little cough) "alfred, bring me another scone will you, and make it snappy"...

Imagine you were born in africa, no food, water or money as a result of corruption, colonisation and industry and the very people who are benefitting off your suffering says things like these...

80% of the world live on 20% of her resources... Yeah, I also hate the poor...
@pawpaw1000 on Twitter
  • #252,703
  • Sep 13, 2010 1:49pm Sep 13, 2010 1:49pm
Quoting Magix
Double hulls x for further downside movement.

Close below current would give support areas a possible test run.

Euro has had some jam today, but you might score nicely on this one P.

Holding nothing current...

Good luck on your trades mango.
Hehe, thanks magix... put my one to BE as I'm not seeing much action on the PA... other entry has s/l just above this current m15 "mess" at 2880...

would like to give my trade more room but just not confident in this PA...

rather risk be and 15 pips than 40 pips
@pawpaw1000 on Twitter
  • #252,704
  • Sep 13, 2010 1:51pm Sep 13, 2010 1:51pm
Quoting Magix
Marking the EU chart,

Looking at the chart, finding support at open price and taking triggers with double hulls...

1. First buy area, marked 25%
2. - 5. indicate the rest of the targeted areas.

Buy zones marked as we are in the long chart, 100% daily range and took reversal here.

When we go into a sell cycle, the graduated shading is red...same targeted areas based on daily average movements.
impressive stuff, thanks for that.
  • #252,705
  • Sep 13, 2010 1:55pm Sep 13, 2010 1:55pm
Quoting pawpaw1000
Hehe, thanks magix... put my one to BE as I'm not seeing much action on the PA... other entry has s/l just above this current m15 "mess" at 2880...

would like to give my trade more room but just not confident in this PA...

rather risk be and 15 pips than 40 pips
Euro definitely got the juice today...turned right at the cross...no close below...

I was actually considering joining ya on this one, but with the turn, I think I gunna just hold off for now.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,706
  • Sep 13, 2010 2:01pm Sep 13, 2010 2:01pm
Quoting Magix
Euro definitely got the juice today...turned right at the cross...no close below...

I was actually considering joining ya on this one, but with the turn, I think I gunna just hold off for now.
yeah, need to break down to give me the courage to leave my screen...

Last two m15 bars look promising but could just be a tight range...
@pawpaw1000 on Twitter
  • #252,707
  • Sep 13, 2010 2:10pm Sep 13, 2010 2:10pm
Quoting pawpaw1000
yeah, need to break down to give me the courage to leave my screen...

Last two m15 bars look promising but could just be a tight range...
I got some errands to run...no sense taking a silly little trade here for me anyways...I am seeing cable at baseline support, wonder if she holds or folds...
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,708
  • Sep 13, 2010 2:11pm Sep 13, 2010 2:11pm
Quoting bimmerbob
impressive stuff, thanks for that.
It's just another way of seeing the same stuff we all look at Bob.

Not being altogether smart, I need a lot of color and guidance.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,709
  • Sep 13, 2010 2:13pm Sep 13, 2010 2:13pm
Quoting Magix
I got some errands to run...no sense taking a silly little trade here for me anyways...I am seeing cable at baseline support, wonder if she holds or folds...
well, looks like fibre might break in the next 3 bars but Cable, I wouldn't be able to tell you! way too much up down

EDIT: H4 pinbar just formed on fibre just below the 200 ema,,, VERY GOOD SIGN
@pawpaw1000 on Twitter
  • #252,710
  • Sep 13, 2010 2:15pm Sep 13, 2010 2:15pm
Quoting pawpaw1000
JEEPERS! What is this, the queens tea party? where do you come from to say such a stereotypical thing like that! WOWIE!

"I stay away from the poor" (little cough) "alfred, bring me another scone will you, and make it snappy"...

Imagine you were born in africa, no food, water or money as a result of corruption, colonisation and industry and the very people who are benefitting off your suffering says things like these...

80% of the world live on 20% of her resources... Yeah, I also hate the poor...

we all have different versions of utopia, but the reality is it can never exist untill you eliminate the human traits of greed and envy.
The poor revolt when they have nothing to lose, the english/french/russian revolutions changed those nations destinies. If a 100,000 or a million people went on rampage against the a corrupt government in session or on a primeministers home or palace, i dont care how many bullets or guards, it can be overcome...the problem is which leader then emerges who can no be corrupted by power or wealth and will genuinely improve the lot of the people...The west could give billions to africa and send advisors, but how could you ensure that money is spent on improving infrastructure and agricultural to make a country more self-reliant? which forward looking visionary exists that can overcome a corrupt government only to be tied down by previous government contracts, IMF laws, trade barriers...you could be a dictator and then refuse to abide by these agreements, but who will supply you the weapons to ensure the safety of your people and your thinking...its an impossible task and thankless and because we as humans are so short thinking it often ends with a bullet in the head, hence africa will always be a mess till the rest of the world and africa changes with it

Ps...still short on cable and euro
  • #252,711
  • Sep 13, 2010 2:18pm Sep 13, 2010 2:18pm
Quoting pawpaw1000
Easy to say while living in Europe ay?

Come to Africa and see what colonisation and brain drain has left us...

Kinda 1st world thing to say, give only what you can afford to give? well, one always finds better uses for ones money in this world of ours (flat screen TV's, Ipods, etc...) while 50% of the world is starving...

If you don't want me to talk about this, please don't say things like that! Most poor people have never been given the chances some of us have had! yes in Europe things might be different but social and other forces...
There you go again. Take it to the lounge.
All systems of divination, like music itself,work through patterns.
  • #252,712
  • Sep 13, 2010 2:20pm Sep 13, 2010 2:20pm
Quoting kaspopsicle
There you go again. Take it to the lounge.
You started it... I didn't have any intentions to continue until you put forward a statement like that!

Anyways, still short Fibre but with a small lot size...

PA SOO BORING, Might just go if nothing happens in next 15min...
@pawpaw1000 on Twitter
  • #252,713
  • Sep 13, 2010 2:30pm Sep 13, 2010 2:30pm
And, in other charts...

5m 200 seems to be holding up EJ...Would watch for this and see if Euro gets a little jiggy from here into roll over.

Could be a good sign for continuation of longs here.

Yeah, I know this is the cable thread, but with so many people off topic, at least this is trade and PA related....


Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #252,714
  • Sep 13, 2010 2:31pm Sep 13, 2010 2:31pm
Yeah, I know this is the cable thread, but with so many people off topic, at least this is trade and PA related....
This space intentionally left blank.
  • #252,715
  • Sep 13, 2010 2:34pm Sep 13, 2010 2:34pm
Quoting Magix
And, in other charts...

5m 200 seems to be holding up EJ...Would watch for this and see if Euro gets a little jiggy from here into roll over.

Could be a good sign for continuation of longs here.

Yeah, I know this is the cable thread, but with so many people off topic, at least this is trade and PA related....




looks like my short is gonna take alot longer or not gonna happen tonight... Will leave my trade open and let it run where it wants to go...

I'm off!

thanks for all the interesting view points
@pawpaw1000 on Twitter
  • #252,716
  • Sep 13, 2010 2:48pm Sep 13, 2010 2:48pm
Quoting pawpaw1000
You started it... I didn't have any intentions to continue until you put forward a statement like that!

Anyways, still short Fibre but with a small lot size...

PA SOO BORING, Might just go if nothing happens in next 15min...
Take everything other than forex to the lounge. Monkeys political insight intrigued me. initially he seemed to have been cut off mid stream. i wanted to hear the rest of what he had to say. he has a right on a public forum to reply. as per his last post i fully applaud and agree with his considered response. i have to say that calling someone a Madam is not
a Christian, (or in any other religion ) or proper form of adressing someone that you quite clearly feel aggressive towards. It implies that you feel that the person is way beneath you. You should try living in UK and see what P.C. does for you. As for Africa i truly wish i had the money to visit and understand.i'm beginning to get the feeling that you are just about anger
All systems of divination, like music itself,work through patterns.
  • #252,717
  • Sep 13, 2010 2:56pm Sep 13, 2010 2:56pm
Quoting kaspopsicle
Take everything other than forex to the lounge. Monkeys political insight intrigued me. initially he seemed to have been cut off mid stream. i wanted to hear the rest of what he had to say. he has a right on a public forum to reply. as per his last post i fully applaud and agree with his considered response. i have to say that calling someone a Madam is not
a Christian, (or in any other religion ) or proper form of adressing someone that you quite clearly feel aggressive towards. It implies that you feel that the person is way beneath you. You should...
Ok, you're great... turned all of this into a "cat" fight...

I'm off to bed, hopefully you are in a happier mood 2moro...

@pawpaw1000 on Twitter
  • #252,718
  • Sep 13, 2010 3:06pm Sep 13, 2010 3:06pm
[quote=pawpaw1000;4018691]Ok, you're great... turned all of this into a "cat" fight...

I'm off to bed, hopefully you are in a happier mood 2moro..ote]Not a cat fight.. simply a response to rude behavior..which suprise, suprise came from a "religious person". Seriously hope you have grown up by 2moro
All systems of divination, like music itself,work through patterns.
  • #252,719
  • Sep 13, 2010 4:19pm Sep 13, 2010 4:19pm
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Continuation of last weeks consolidation, keeping the door wide open for strenght to come. Pair is lagging on todays risk taking.

http://www.forexfactory.com/showpost...stcount=252022

60 DMA is crossing up 200 DMA on daily chart.

Consumer date and CPI data tomorrow might prove essential for a break out.
Attached Image (click to enlarge)
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Being right is one, taking it from the table is two.
  • #252,720
  • Sep 13, 2010 4:30pm Sep 13, 2010 4:30pm


hello
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