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Cable Update (GBPUSD)

  • #292,941
  • Nov 20, 2011 8:07pm Nov 20, 2011 8:07pm
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  • #292,942
  • Nov 20, 2011 8:33pm Nov 20, 2011 8:33pm
Quoting kaspopsicle
..who did your avatar makeover ? ....
I did. He fits as Mr.Cepot anyway..
  • #292,943
  • Nov 20, 2011 8:46pm Nov 20, 2011 8:46pm

Quoting gsantri
I did. He fits as Mr.Cepot anyway..
not euphoria follower
  • #292,944
  • Nov 20, 2011 8:47pm Nov 20, 2011 8:47pm
Quoting gsantri
I did. He fits as Mr.Cepot anyway..
So...could you do mine? You and Igu are so funny, entertaining and informative at the same time.
I suggest a small management fee of 2%... that'd be 98 to me..2 to you.
Gotta go get sleep now....X kas
All systems of divination, like music itself,work through patterns.
  • #292,945
  • Nov 20, 2011 8:49pm Nov 20, 2011 8:49pm
As we can see from GU chart,current GU is testing it previous Support at around 1.5742.However the Trend Line (Green) has broken showing a Down Trend. We need the market to close and stay below and break previous Support,1.5702, to confirm a Down trend.

Otherwise,it head North and touch few key SR Level:

1) Daily Pivot,1.5814 (1st Resistance)
2) Monthly Pivot (2nd Resistance)

Let's wait and see what will happen
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Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #292,946
  • Nov 20, 2011 9:18pm Nov 20, 2011 9:18pm
Asia stocks down. Daily gold, silver and crude not convincingly.
only one way the money will go.. dollar. that if the Congress 'supercommittee things goes smooth.

Market hesitate.
  • #292,947
  • Nov 20, 2011 11:49pm Nov 20, 2011 11:49pm
Quoting kaspopsicle
So...could you do mine?
your free trial
  • #292,948
  • Nov 21, 2011 2:41am Nov 21, 2011 2:41am
Quoting gsantri
..Shall we keep selling the rallies until 'extreme pessimism reached ?
scalps excluded.
Quoting gsantri
Asia stocks down. Daily gold, silver and crude not convincingly.
only one way the money will go.. dollar.
that if the Congress 'supercommittee things goes smooth.

Market hesitate.
not anymore.

UK and europe stocks down as well.
Mariano Rajoy's victory has helped spain's IGBM up a bit, but not for long.
dollar still safe haven.
  • #292,949
  • Edited 7:11am Nov 21, 2011 5:58am | Edited 7:11am
Target was hit today at 1.56716..easy trade.

Put me on your buddy list for many more winning trades..or use my target as an indicator..all targets will always be free..my winning % is 98. I do use a 300 pip catastropic stop..avg. 1 stop hit every 45 trades. Each trade is between 15 - 25 pips..a run of 100 trades in a row is not uncommon, but I usually wait until a trade is 50 - 75 pips away from tp before posting it. My targets will be useful to have when you get tired of losing, and you will..just sayin
entry - 1.29250 s/l 200 pips
  • #292,950
  • Nov 21, 2011 6:16am Nov 21, 2011 6:16am
Quoting PoundTrader
im short from friday at 1.5873, s/l 1.5880, t/p 1.5729
could of got about another 100 pips, shorts are still in play until n.y. closed then i will be looking to buy
  • #292,951
  • Nov 21, 2011 6:27am Nov 21, 2011 6:27am
Quoting PoundTrader
could of got about another 100 pips, shorts are still in play until n.y. closed then i will be looking to buy
Same idea here
Come with me if you want to live....
  • #292,952
  • Nov 21, 2011 6:29am Nov 21, 2011 6:29am
MARKET TALK: European Corporates Buying Euros

and what will they do with the decline in European stocks right now, which averaged over -2.5% ?

checkmate
  • #292,953
  • Nov 21, 2011 7:00am Nov 21, 2011 7:00am
time to buy up now?

look like 15 min MACD is about to change direction
  • #292,954
  • Nov 21, 2011 7:25am Nov 21, 2011 7:25am
no clear sign of it bouncing yet.. doh kept on making stupid longs, expecting rebound that never came
  • #292,955
  • Nov 21, 2011 7:37am Nov 21, 2011 7:37am
Quoting Ill-b-back
Same idea here
where thinking to much alike you sure you didn't steal my trading system
  • #292,956
  • Nov 21, 2011 7:43am Nov 21, 2011 7:43am
expecting 100 pips from this trade.
  • #292,957
  • Nov 21, 2011 8:01am Nov 21, 2011 8:01am
Quoting normfx
Target was hit today at 1.56716..easy trade.

Put me on your buddy list for many more winning trades..or use my target as an indicator..all targets will always be free..my winning % is 98. I do use a 300 pip catastropic stop..avg. 1 stop hit every 45 trades. Each trade is between 15 - 25 pips..a run of 100 trades in a row is not uncommon, but I usually wait until a trade is 50 - 75 pips away from tp before posting it. My targets will be useful to have when you get tired of losing, and you will..just sayin
your r/r is terrible broheim
Don't have an ego. Always question yourself and your ability.
  • #292,958
  • Nov 21, 2011 8:02am Nov 21, 2011 8:02am
can someone explain to me why cable is not reacting similar to the other currency versus usd? au and eu for example are moving up against usd.. but how come only this currency seems to be struggling against usd?
  • #292,959
  • Nov 21, 2011 8:06am Nov 21, 2011 8:06am
Quoting lwiharjo
can someone explain to me why cable is not reacting similar to the other currency versus usd? au and eu for example are moving up against usd.. but how come only this currency seems to be struggling against usd?

because it may be correlated but it is a different currency

how the hell is any1 supposed to know
  • #292,960
  • Nov 21, 2011 8:24am Nov 21, 2011 8:24am
no harm in asking right.. just wondering if someone had a clue..

my point is, is it because something happened in uk or are they somehow weaker fundamentally..

Quoting nAVIN2007
because it may be correlated but it is a different currency

how the hell is any1 supposed to know
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