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Cable Update (GBPUSD)

  • #275,801
  • Apr 8, 2011 2:56am Apr 8, 2011 2:56am
Quoting ndsouz
Doing okay. I gotta big target for this month, bumper target.
I'm kinda on my way to drinkin up a whole bottle of 100% country alcohol lol...

I'm not watching the market... busy watching youtube video reviews for the computer components i just ordered..

How're you doin?

Best Regards,
Nick
Doing well.
Fell in love with the renkos

just sent u a pm ... hope you gonna check it soon, got some questions !

Wish you a peacful and sunny weekend ,

kindest regards
Jonas from Germany.
Hero calls followed by margin calls...
  • #275,802
  • Edited 3:32am Apr 8, 2011 3:31am | Edited 3:32am
Still bullish at xxx70, if this bar closes here at 12:00, sl xxx65, tp xx400
  • #275,803
  • Apr 8, 2011 3:38am Apr 8, 2011 3:38am
Sell @ 16377
SL @ 16390
TP @ 16200 (hopefully)
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  • #275,804
  • Apr 8, 2011 3:42am Apr 8, 2011 3:42am
Quoting Mrleeforex
Sell @ 16377
SL @ 16390
TP @ 16200 (hopefully)
Bears seem to be here so my buy's a no go...
I'll sell at 1.6385 (If it retraces)
  • #275,805
  • Apr 8, 2011 3:44am Apr 8, 2011 3:44am
Still VERY bullish, shorting it right now is the worse thing you can do as far as im concerned. after this bounce due of overbought and some shorts triggered, it will RESUME the rally back to 1.65.
The Black Swan: The Impact of the Highly Improbable
  • #275,806
  • Apr 8, 2011 3:51am Apr 8, 2011 3:51am
so what is it? some of you say bear some say rally back to 1.65 ?
  • #275,807
  • Apr 8, 2011 3:53am Apr 8, 2011 3:53am
Quoting sphinx8
so what is it? some of you say bear some say rally back to 1.65 ?
me seeing this as a retracement to 1.3365 areas then a resume uptrend due to US unforseeable future with the budget talk... or the government shut down... need to watch out on NY open many back may have a hickup in liquidity due to the Shut down of federal bank for the day....

Best not to trade against the trend
both technical and fundamental shows a GU Bull rather than a bear

Gu been in a bull trend for a long time now... best stick to bulls
fundamentally no problems with GBP but issues with USD continues, debt issue being regarded, inflationary pressure due to high oil prices and a government shutdown on the way....
Any move down is due to shoot back up in EU or GU
Buy the dips is the strategy of the day.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #275,808
  • Apr 8, 2011 4:00am Apr 8, 2011 4:00am
Bear comes so easy? I don't think so. Ready to buy any minute.
Believe what you see instead of what you think!
  • #275,809
  • Apr 8, 2011 4:00am Apr 8, 2011 4:00am
Problem is that the market does not always move according to fundamentals, news etc. It can be profit taking for big banks for the week... Maybe Obama comes up with a solution at any time and we'll see a 200 pip candle down... Better stay off this market today...

Unless you have shorts like I do.
  • #275,810
  • Apr 8, 2011 4:08am Apr 8, 2011 4:08am
Quoting JasmineQu
Bear comes so easy? I don't think so. Ready to buy any minute.
Bear is coming , so watch out . the bear has controlled the game since two hours ago , I was shocked as well , but luckily I am able to reverse cause I'm always in front of the screen
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  • #275,811
  • Apr 8, 2011 4:12am Apr 8, 2011 4:12am
Quoting Mrleeforex
Bear is coming , so watch out . the bear has controlled the game since two hours ago , I was shocked as well , but luckily I am able to reverse cause I'm always in front of the screen
Well i am always in front of the screen, but i think the USDX is worth watching... because its about to tank below a support...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #275,812
  • Apr 8, 2011 4:18am Apr 8, 2011 4:18am
Quoting bguguen
Well i am always in front of the screen, but i think the USDX is worth watching... because its about to tank below a support...
That explains why the bear is so slow
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  • #275,813
  • Apr 8, 2011 4:19am Apr 8, 2011 4:19am
Bearish engulfing on H4, (or Doji, at a different broker)

http://img819.imageshack.us/img819/4568/bearish2.gif

http://img689.imageshack.us/img689/8143/bearish1.gif
  • #275,814
  • Apr 8, 2011 4:19am Apr 8, 2011 4:19am
hMM Alot think there is room for short, i don't think so, the only room is a retracement, we would close on the upside for sure.... Hey bro. where u at??? Haven't seen ur break light.

Quoting ndsouz
brothers n sis, if you want me get out of this place.. pls let me know.. i understand. Maybe i am a disturbance to you. I just wanted to be a better trader and also show folks. trading aint about a microlot , a mini lot, a lot .. but it can go to multi lots n mega lots.
But if this place is about being sarcastic,, about being I'm right and this guy being a phony.

Oh well... i dont wanna prove anything. ill leave u happy. I m a phony u are right.. im gone B Bye
  • #275,815
  • Apr 8, 2011 4:22am Apr 8, 2011 4:22am
so far it is 50x50 what people say here up or down
  • #275,816
  • Apr 8, 2011 4:24am Apr 8, 2011 4:24am
Quoting fendi
hMM Alot think there is room for short, i don't think so, the only room is a retracement, we would close on the upside for sure.... Hey bro. where u at??? Haven't seen ur break light.

Exactly, and it has just started to resume to the upside. I hope those putting early shorts, were on DEMO and not LIVE.

Cable wants to close the week, following gold insane increase and as up as possible.
The Black Swan: The Impact of the Highly Improbable
  • #275,817
  • Apr 8, 2011 4:24am Apr 8, 2011 4:24am
Quoting sphinx8
so far it is 50x50 what people say here up or down
yea well unfortunately GU is not as predictable as EU since EU has a reason to Long it.. interest rate hike reason, japan more likely to buy EURO than GBP umm and US government shut down and stuff....


This just in...
http://www.forexlive.com/179201/all/...-govt-shutdown
i fear they aren't gona make it before the shut down.... sigh...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #275,818
  • Apr 8, 2011 4:30am Apr 8, 2011 4:30am
Quoting MapleLeaf
Exactly, and it has just started to resume to the upside. I hope those putting early shorts, were on DEMO and not LIVE.

Cable wants to close the week, following gold insane increase and as up as possible.

LIVE acc all the way down

1.61-1.609

I can tell the future )
  • #275,819
  • Apr 8, 2011 4:34am Apr 8, 2011 4:34am
Quoting Mrleeforex
I was dreaming that I was chased by bull because I was wearing red T-shirt in the dream Hopefully I will get hit by Bull today

The Bull is BACK! YAY My Dream is indeed a signal for me
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  • #275,820
  • Apr 8, 2011 4:45am Apr 8, 2011 4:45am
Quoting redbeben
LIVE acc all the way down

1.61-1.609

I can tell the future )


now it is above R1 of yesterday pv calculation. so it is up up up
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