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Cable Update (GBPUSD)

  • #260,601
  • Oct 14, 2010 4:36pm Oct 14, 2010 4:36pm
Quoting Magix
Ah Brian

He is just new to the group. A lot of guys visit us and join from other places where that is what gets done. Like some sort o chalk board record keeping on calls and who was right and when...

We just gotta steer him/her like so many others to our way of doing things.

No need getting all angry, lets just ask him to back his shit up, or mock him til he quits....

Buwahahahahahahaha.

wise man whatz up

still kicking azz hope all great and green

love the old shoot still working great
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  • #260,602
  • Oct 14, 2010 4:46pm Oct 14, 2010 4:46pm
Quoting kill56
BB1 how are u bro hope all great

by 2015 we will see cable = $3 no chart no shittt

for now lets enjoy the ride between WH3 AND WL3 AND THE BREAK above or below


Hey Kill! Long time no speak. How's little kill doing? I hope he is doing great! Must be coming up to 3 months now. Jeez, does time fly! Keep bagging them green pips!
  • #260,603
  • Oct 14, 2010 4:52pm Oct 14, 2010 4:52pm
Quoting Magix
Ah Brian

He is just new to the group. A lot of guys visit us and join from other places where that is what gets done. Like some sort o chalk board record keeping on calls and who was right and when...

We just gotta steer him/her like so many others to our way of doing things.

No need getting all angry, lets just ask him to back his shit up, or mock him til he quits....

Buwahahahahahahaha.


'Tis true Magix.. I keep forgetting I was there, not even that long ago, until you, Digger and Doc took me under your wing.

I feel that I have come a long way in such a short time... but I also still have a long way to go. My Forex journey continues but at least I am on the right path.
  • #260,604
  • Oct 14, 2010 4:56pm Oct 14, 2010 4:56pm
Quoting bbakker


Hey Kill! Long time no speak. How's little kill doing? I hope he is doing great! Must be coming up to 3 months now. Jeez, does time fly! Keep bagging them green pips!
All great in here 20&30 adds up little kill is great and too much doodoo , been busy with mother , time is flying and we are geting younger as u know .
  • #260,605
  • Oct 14, 2010 4:58pm Oct 14, 2010 4:58pm
Quoting kill56
wise man whatz up

still kicking azz hope all great and green

love the old shoot still working great
Something to help out with the charts, will help speed things up...

The nolag and TCCI will have the exact same values if you load them with the same values....

TCCI doesn't seem to use up as much processing power, so, you can remove the nolags, add more tccis to match the same as what we been using, change the colors to have the charts look the same and continue to kick ass.

I got another set I been playing with for scalps and have applied to the longer terms. Trading off the 1m/5m macking market for all it's worth.

Same basic charts and I have the dolly buy buy/sell zones for quick market look...check it out. Red dotted, 24SMA, yellow 200..when multi color on top of 24, buy price moves above, shes a buy, converse for the sells. Eyes on the MACD and 200EMA to keep you on the proper side of things or let you scalp for a few sheckles.

Very nice playing off the 1m/5m for quickies and 15m for a little more.

(Dolly and settings not included with indies and tpl.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,606
  • Oct 14, 2010 5:03pm Oct 14, 2010 5:03pm
Quoting talond
I could see it hitting 1.583 if not tomorrow then early next week.
can you see a future??how can you say that last year you saw pound move???pound went up 1400 points without correction u cant' say that it will surely happen its a probability business eu is good example right now check daily chart eu just taking 20% retrace and going up no one can tell that where gu or eu can stop or from where surely drop come on we can say it can hit 58xx but we can't say it surely we are making higher high daily..and there is more space in H4 and weekly chart to send it up side..i am also expecting correction but not right now if pound has to drop so today was a good chance when pound stuck on 5960 and after 6 months pound break that high and close on upside so there is less chance to go back easily without achieving target anyways good luck..i am short too but SL in profit if it will go up it will close other wise will buy on dip

good luck

Ub
  • #260,607
  • Oct 14, 2010 5:11pm Oct 14, 2010 5:11pm
Quoting ubaidahsan
can you see a future??how can you say that last year you saw pound move???pound went up 1400 points without correction u cant' say that it will surely happen its a probability business eu is good example right now check daily chart eu just taking 20% retrace and going up no one can tell that where gu or eu can stop or from where surely drop come on we can say it can hit 58xx but we can't say it surely we are making higher high daily..and there is more space in H4 and weekly chart to send it up side..i am also expecting correction but not right...
Blind ass calls will always be worthless UB...cripes even half the ones with supporting charts are the same, and really nobody knows what the real story is until the price gets printed.

A little something to keep in mind here though IMO...

Previously posted USDX and current. Hrmmmmmmm...will USD really gain some brass here or completely collapse? Will we see one more spike high and see the end of long days for cable???

Again, time be the teller. Take what you can and leave the rest for others to fight over.

All the best brother.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,608
  • Oct 14, 2010 5:30pm Oct 14, 2010 5:30pm
Quoting Magix
Blind ass calls will always be worthless UB...cripes even half the ones with supporting charts are the same, and really nobody knows what the real story is until the price gets printed.

A little something to keep in mind here though IMO...

Previously posted USDX and current. Hrmmmmmmm...will USD really gain some brass here or completely collapse? Will we see one more spike high and see the end of long days for cable???

Again, time be the teller. Take what you can and leave the rest for others to fight over.

All the best brother.

wise man thanks will try dolly i like and renko is not bad at all

been working on both and the magic ema200 still the best works on any thing

RSI and 200 works magics above or below on high TF's
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  • #260,609
  • Oct 14, 2010 5:34pm Oct 14, 2010 5:34pm
That's where I think GPB/USD will pull back to.
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Pity the fool who thinks they'll make it overnight...
  • #260,610
  • Oct 14, 2010 5:36pm Oct 14, 2010 5:36pm
Quoting kill56
wise man thanks will try dolly i like and renko is not bad at all

been working on both and the magic ema200 still the best works on any thing

RSI and 200 works magics above or below on high TF's
Thanks for a little better USDX chart killer!

Looks like we could still see one more spike high. A pin bar going into the weekend would be pretty convincing....

But I mean, for what we do...does it really matter?



Not really....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,611
  • Oct 14, 2010 6:29pm Oct 14, 2010 6:29pm
A little movement again in the pair now.
Needs to break trough 1.5970 to confirm this. Was a strong support eariler after the top.
If that breaks I see support at 5925zone, and next 5885 zone.
Thoughts?
Seems like lowes at 1.5970 got well respected this try.
  • #260,612
  • Oct 14, 2010 6:30pm Oct 14, 2010 6:30pm
Quoting Magix
Thanks for a little better USDX chart killer!

Looks like we could still see one more spike high. A pin bar going into the weekend would be pretty convincing....

But I mean, for what we do...does it really matter?



Not really....
u got u spike i got my 30p and who gives a dam where it gos

fiber is so sweet with honey
  • #260,613
  • Oct 14, 2010 6:33pm Oct 14, 2010 6:33pm
gaining momentum on the downside short at 15981 looking maybe to get through 15960
  • #260,614
  • Oct 14, 2010 6:40pm Oct 14, 2010 6:40pm
Quoting chazzle
gaining momentum on the downside short at 15981 looking maybe to get through 15960
Diden`t it get bought strong at 1.5970? That was a sign of upwards movement? Or what do you think about that move?
  • #260,615
  • Oct 14, 2010 6:43pm Oct 14, 2010 6:43pm
15m chart
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  • #260,616
  • Oct 14, 2010 6:48pm Oct 14, 2010 6:48pm
Quoting Sunsi
Diden`t it get bought strong at 1.5970? That was a sign of upwards movement? Or what do you think about that move?
price spent the majority of 4 hours just before and through NY at and around this level - wasn't much of a convincing bounce,imo and 6 hours later we are there again with quite an aggressive down move testing the area again,I think we will get through this point a bit closer to 200 ema 15m which stands at 15947 at present
  • #260,617
  • Oct 14, 2010 6:53pm Oct 14, 2010 6:53pm
down move in the uptrend...obviously riskier than longing from the bottom but still viable,imo
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  • #260,618
  • Oct 14, 2010 6:56pm Oct 14, 2010 6:56pm
Quoting chazzle
down move in the uptrend...obviously riskier than longing from the bottom but still viable,imo
Check out your EG chart Chaz, see who has the juice...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,619
  • Oct 14, 2010 7:02pm Oct 14, 2010 7:02pm
but EG looking for the bounce,no?

hope you're doing well Magix and getting muchos pipsos
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  • #260,620
  • Oct 14, 2010 7:05pm Oct 14, 2010 7:05pm
Quoting chazzle
but EG looking for the bounce,no?

hope you're doing well Magix and getting muchos pipsos
Euro had its moment of weakness, waiting for the Euros to find some support.

15m support on EU, if they swing back into buy cycle, that means they all go up.

IF you're still shorting you could be caught a little like last night...Just cautioning you here mango.
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