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Cable Update (GBPUSD)

  • #274,981
  • Mar 30, 2011 4:51am Mar 30, 2011 4:51am
Quoting redbeben
deal a barrel of magners my place in Gibraltar if I loose with and the NFP is good for USD or London sometime in summer if USD will go down with NFP


anyway it's a win win situation
i gone for the hancock special..
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  • #274,982
  • Mar 30, 2011 4:57am Mar 30, 2011 4:57am
Quoting nAVIN2007
i gone for the hancock special..
your choice....actually I can afford to buy the drinks even if you will loose the bet as I am gonna be rich

frankly I like the idea of your chart
  • #274,983
  • Mar 30, 2011 5:14am Mar 30, 2011 5:14am
Quoting redbeben
your choice....actually I can afford to buy the drinks even if you will loose the bet as I am gonna be rich

frankly I like the idea of your chart

its certainly possible isnt it..i certainly cant rule it out, i came close to exiting it but i was on the phone now im stuck with it..

here hoping
I also think yur correlation trade is a damn good one too..its basically a coin toss
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  • #274,984
  • Mar 30, 2011 5:20am Mar 30, 2011 5:20am
Pullback sees some buy the dip players come in at the previouys 5min swing hi x 2/previous 15min swing hi...coexistant with Daily r1 pivot and 61.8% of the last 5/15min swing up (a-b)...move was aided by reaction to that 1100am Uk time Cbi data (uk)

So how much supply round the top and higher ? how striong are bulls today?

G/L
Attached Image
ex member
  • #274,985
  • Mar 30, 2011 5:24am Mar 30, 2011 5:24am
m8 go back to 1.60

edit..good reaction
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  • #274,986
  • Mar 30, 2011 5:29am Mar 30, 2011 5:29am
as I mentioned this morning a pull back to 1.599X -1.6 as per the following chart
H4 trendline broke and now we need to test it in order to rely on it for a higher move....and the test is circled in red on the chart + a 1.6110 flat KS on ichi H1
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  • #274,987
  • Mar 30, 2011 5:31am Mar 30, 2011 5:31am
Quoting nAVIN2007
m8 go back to 1.60

edit..good reaction
Snap

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Nice entry into the zone, double top formation on m5/m15 for confirmation and PA is showing weakness.

1.60 is a good place to take some of the profit off the table... but anything can happen between now and then!!!
  • #274,988
  • Mar 30, 2011 5:34am Mar 30, 2011 5:34am
Quoting bbakker
Snap

Attachment

Nice entry into the zone, double top formation on m5/m15 for confirmation and PA is showing weakness.

1.60 is a good place to take some of the profit off the table... but anything can happen between now and then!!!
u nailed the entry
  • #274,989
  • Mar 30, 2011 6:07am Mar 30, 2011 6:07am
where the hell is GM and Q??
  • #274,990
  • Mar 30, 2011 6:11am Mar 30, 2011 6:11am
Quoting nAVIN2007
where the hell is GM and Q??
probably having a shit.
Enter Signature
  • #274,991
  • Mar 30, 2011 6:19am Mar 30, 2011 6:19am
Quoting nAVIN2007
..
collapse is twillight talk..so im going with dollar bulls
Hi Nav,
Did you notice the UCAD H4? price is approaching 0.9680 for the third time.

knock knock knocking on..
  • #274,992
  • Mar 30, 2011 6:30am Mar 30, 2011 6:30am
Looks like cable is beginning to rise after the past few days fall.
Enter Signature
  • #274,993
  • Mar 30, 2011 6:33am Mar 30, 2011 6:33am
Quoting gsantri
Hi Nav,
Did you notice the UCAD H4? price is approaching 0.9680 for the third time.

knock knock knocking on..

usd best knock harder this is becoming rediculous
any idea whats happening in the match?

Quoting vosterfxandy
probably having a shit.
lol
  • #274,994
  • Mar 30, 2011 6:42am Mar 30, 2011 6:42am
33 mins then we should see some movement.
  • #274,995
  • Mar 30, 2011 6:53am Mar 30, 2011 6:53am
[quote=nAVIN2007;4509317]any idea whats happening in the match?

Tendulkar mo fo OUT haha!! needed get him out he's too good
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  • #274,996
  • Mar 30, 2011 6:54am Mar 30, 2011 6:54am
Picked up a buy @ 1.6057
Daily Chart
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  • #274,997
  • Mar 30, 2011 7:00am Mar 30, 2011 7:00am
Quoting nAVIN2007
usd best knock harder this is becoming rediculous
any idea whats happening in the match?
I'm just following my chart, been riding her down from 9740 and closed.
She didn't reach my limit order @9683, manually opened long @9695 aiming for.. 300
  • #274,998
  • Mar 30, 2011 7:07am Mar 30, 2011 7:07am
I was talking about the nuclear plants some weeks ago and I said that they might reconsider this energy source.
I wonder what will they do now?

are they going to do anything? are we going to see it dive or not?..hmmmm

bbakker came with some good arguments last time but I just think that if 2-3 more plants go boom there will be no more Japan inhabited.

''Osaka was packed with refugees from Tokyo. Anyone with relatives in this massive city 300 miles west of Tokyo had moved for the duration, at least until the nuclear thing blew over. Tokyo water and supplies were testing positive for radioactive Iodine, infants were limited to drinking bottled water, the rolling power outages were annoying, and there was no food anyway. All trains heading west were packed. I learned with great relief that the one friend I had in Sendai, a former analyst of mine, was on vacation in Thailand chasing girls. Thank goodness for small mercies.

Given the news from Japan yesterday, those visitors to Osaka may have to start looking for long term leases. Radioactive plutonium is leaking into the ground at the troubled Fukushima plant. The only way this could have happened is for there to have been a partial core melt down at one of the reactors. This highly unstable element has a half-life of 2 billion years, which means the entire site will have to be entombed in concrete, permanently taking all six reactors there off line. There were rumors that Tokyo Electric Power would be nationalized, and the distressed company was seen attempting to raise $25 billion in emergency financing in the market place. Suffice to say that one way or the other, this company is toast.

I was most fascinated by the new GDP forecasts put out by JP Morgan, which were remarkably similar to the ones I put out two weeks ago. The latest estimate for the Sendai damage is $300 billion, which means that the country has to spend 6% of GDP to get whole again . Morgan sees the same “V” scenario that I did, with Japanese growth shrinking as much as -1% in the first half of 2011, then roaring back to a 3.5% rate in the second half. The “V” goes global, with the impact of the multiple disasters creating a drag on the world economy of -1.2% in the first half, followed by a rebound of 1.3% in the second half. The car industry is expected to lose production of 650,000 units this year. That is a lot of cars. ''
  • #274,999
  • Mar 30, 2011 7:16am Mar 30, 2011 7:16am
Quoting nAVIN2007



lol
must have been a long shit eh
Enter Signature
  • #275,000
  • Mar 30, 2011 7:16am Mar 30, 2011 7:16am
Quoting SannaCBranno
Picked up a buy @ 1.6057
Daily Chart

bro dont br fooled by daily vhart if you are a short term trader,

well iam short term trader and i am going short for a little 30-40 pips

short 1.6030
target 1.5990

my chart 15MIN.
lets see how it works..
i will waitfor 1h and will close if it is not workig..
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