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Cable Update (GBPUSD)

  • #283,001
  • Jul 1, 2011 5:03am Jul 1, 2011 5:03am
right 4h candle closed above 1.6 for me. and a clear rejection but still got risk on the downside for the bulls, last 4h formed a bearish engulfing, so we need the current 4h candle to close green to invalidate it..
We live in a finite world with infinite possibilities.
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  • #283,002
  • Jul 1, 2011 5:05am Jul 1, 2011 5:05am
Quoting PhAnTi'
absolutely....got stopped out on my shorts....

this is sick action : p

gratz to the ones that bought this baby
i wouldnt call it baby... rather the tazmanian devil of late... friggin ridiculous price action been killing me, thank god its working out today...

see how the big banks love to play?? friggin triggers the Sell Stops below 1.6... and let the market reverse to wipe them out... i hate these banks... seriously.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,003
  • Jul 1, 2011 5:08am Jul 1, 2011 5:08am
Quoting bguguen
i wouldnt call it baby... rather the tazmanian devil of late... friggin ridiculous price action been killing me, thank god its working out today...

see how the big banks love to play?? friggin triggers the Sell Stops below 1.6... and let the market reverse to wipe them out... i hate these banks... seriously.....
Hero calls followed by margin calls...
  • #283,004
  • Jul 1, 2011 5:26am Jul 1, 2011 5:26am
Quoting PhAnTi'
what did i tell you about it being tazmanian devil huh?? one minute bulls think they're clear the next the damn market is trying to come down again...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,005
  • Jul 1, 2011 5:29am Jul 1, 2011 5:29am
Quoting bguguen
i wouldnt call it baby... rather the tazmanian devil of late... friggin ridiculous price action been killing me, thank god its working out today...

see how the big banks love to play?? friggin triggers the Sell Stops below 1.6... and let the market reverse to wipe them out... i hate these banks... seriously.....

youre paranoid man. first - they dont care about your tiny stop orders, second they are the market so why u hate them?)
  • #283,006
  • Jul 1, 2011 5:39am Jul 1, 2011 5:39am
I'am in with short .. I lost the moment on sandwich candle stick.. ck
  • #283,007
  • Jul 1, 2011 5:50am Jul 1, 2011 5:50am
Quoting sinchan
I'am in with short .. I lost the moment on sandwich candle stick.. ck
apparently we're in consolidation between 2 trendlines, best wait for a breakout before you act...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 19 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,008
  • Jul 1, 2011 5:52am Jul 1, 2011 5:52am
Quoting bguguen
apparently we're in consolidation between 2 trendlines, best wait for a breakout before you act...

Attachment
Great Chart and Great Idea
  • #283,009
  • Jul 1, 2011 5:54am Jul 1, 2011 5:54am
Quoting bguguen
apparently we're in consolidation between 2 trendlines, best wait for a breakout before you act...

Attachment
Thanks Bro.. I am playing with a small quantity..
  • #283,010
  • Jul 1, 2011 5:57am Jul 1, 2011 5:57am
Quoting sinchan
Thanks Bro.. I am playing with a small quantity..
just make sure you dont go revenge or chase trading, the big boys will love you when they get you showing hands...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,011
  • Jul 1, 2011 5:58am Jul 1, 2011 5:58am
5 pips already I just a small fish behind the shark khekheke
  • #283,012
  • Jul 1, 2011 6:02am Jul 1, 2011 6:02am
Much delicious shark fin... enjoyable but dont go greedy and taking a big chomp at it...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,013
  • Jul 1, 2011 6:02am Jul 1, 2011 6:02am
out already ..now waiting a clear confirmation to play with a normal quantity or still a small waves..
  • #283,014
  • Jul 1, 2011 6:08am Jul 1, 2011 6:08am
I am in again with normal quantity
  • #283,015
  • Jul 1, 2011 6:09am Jul 1, 2011 6:09am
Quoting Killy
youre paranoid man. first - they dont care about your tiny stop orders, second they are the market so why u hate them?)
you must be joking... if banks are working together to manipulate the market, now i wonder why they do that??? to kill fellow banks?? no.. to kill us retail traders... tiny stop orders?? i wouldnt say tiny besides this is what you got to learn... wana know why the GBPUSD rebounded??

"Cable has had a volatile morning. Started around 1.6050 and rallied early, helped in no small part by strong buying from a UK clearer. We had already drifted back slightly from session high 1.6095, when the release of weaker than expected UK manufacturing PMI data put the skids under sterling.
Cable eventually reached a session low of 1.5987 before recovering. Major Swiss bank and corporate buying notable under 1.6000."

Now i wonder why GBPUSD rebounded so conveniently at 1.6 when Phanti helped identify that there really shouldnt be such a buying attitude but rather a diminishing Selling attitude...
im not trying to diss you off but buddy.. you arent giving any supporting proof why your "tiny stops" is irrelevant for the big banks when swissy is being bought right under 1.60 where the stops were...
if you're planning to reply to this, i recommend to tread cautiously... you're already not contributing much here... soo argue against me using facts, charts whatever to support your theory or it be the iggy list for you...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #283,016
  • Jul 1, 2011 6:19am Jul 1, 2011 6:19am
out 5 pips..

I think its better to wait the real wave then.. Scalping make tired
  • #283,017
  • Jul 1, 2011 6:38am Jul 1, 2011 6:38am
90% of traders use TA, indicators and prediction
  • #283,018
  • Jul 1, 2011 6:44am Jul 1, 2011 6:44am
i would say something....
this week price had a crazy moves into 59 area.
did you see?? usually i trade with m30-h1 left monitor n m1-m5 right monitor.

monday was 'good'
then price went in a strange continuos up n down each m1-m5 candle range 5910-5970
those were profit takings from highs, exchange positions, new entries and many other things added to confuse a bit what big flows were doing.

today's moves are very usual pullbacks near strong sup/res level where we can't expect to see price going straight down into 'new' area, also if already tested.

if one day you see a price going straight down whole day... close the platform and go for shopping.

lolz
90% of traders use TA, indicators and prediction
  • #283,019
  • Jul 1, 2011 6:48am Jul 1, 2011 6:48am
affirmative Sir..
  • #283,020
  • Jul 1, 2011 6:51am Jul 1, 2011 6:51am
now unless in last 10 minutes we get a spike, this h1 can close below all previous closings and below many previuos h1 bottoms.

and out of trendline upward.

lets see if does
90% of traders use TA, indicators and prediction
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