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Cable Update (GBPUSD)

  • #295,241
  • Dec 21, 2011 12:35am Dec 21, 2011 12:35am
Quoting Ill-b-back
Yep, what I mean is that the lack of Asian movement makes me think a decent move south could happen. I am short already with a visual SL above the high and quick move to Break even.
Almost enough to make you go and trade the EUR-USD...

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It takes a lot for me to IGNORE you, but you can try.
  • #295,242
  • Dec 21, 2011 12:40am Dec 21, 2011 12:40am
Quoting Erebus
Almost enough to make you go and trade the EUR-USD...

Yes, though I'm only a part time trader so I focus on just 1 pair. I used to trade 3-4 pairs to stay in the action, but lost focus and found myself guessing and losing lots of money. I wish I could trade full time as I love it but not to be unfortunately.
Come with me if you want to live....
  • #295,243
  • Dec 21, 2011 12:44am Dec 21, 2011 12:44am
Quoting Ill-b-back
Yes, though I'm only a part time trader so I focus on just 1 pair. I used to trade 3-4 pairs to stay in the action, but lost focus and found myself guessing and losing lots of money. I wish I could trade full time as I love it but not to be unfortunately.
I do like the Aussie also but only when the trend and setups are obvious.
Come with me if you want to live....
  • #295,244
  • Dec 21, 2011 1:02am Dec 21, 2011 1:02am
Euro land Euphoria news item likely to drive this higher before any pullback possibly.
Come with me if you want to live....
  • #295,245
  • Dec 21, 2011 1:08am Dec 21, 2011 1:08am
Quoting Ill-b-back
Euro land Euphoria news item likely to drive this higher before any pullback possibly.
anything possible, even lower. but there wont be a massive move higher as the fund committment by IMF is short. id be surprised with a sustained price above resistance levels for more than 6 days. every time a price has sustained higher for over 6-7 days, it has fallen well because the eurozone fundamentals are weak.
  • #295,246
  • Dec 21, 2011 1:12am Dec 21, 2011 1:12am
Quoting Halba
anything possible, even lower. but there wont be a massive move higher as the fund committment by IMF is short. id be surprised with a sustained price above resistance levels for more than 6 days. every time a price has sustained higher for over 6-7 days, it has fallen well because the eurozone fundamentals are weak.
Yep, we could range below 5780
Come with me if you want to live....
  • #295,247
  • Dec 21, 2011 2:00am Dec 21, 2011 2:00am
update..
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  • #295,248
  • Dec 21, 2011 2:04am Dec 21, 2011 2:04am
Quoting UbuFamily
seems like all the big players holding back their finger

yahoo..! as i said earlier the giant players holding back their finger...so i put buy about an hour ago and see.....its a boom rise for 50pips...and yes..i got it!
I trade to live
  • #295,249
  • Dec 21, 2011 2:08am Dec 21, 2011 2:08am
Quoting abdul_halim
update..
the SALE movement realy tease us...lol but not till new year
I trade to live
  • #295,250
  • Dec 21, 2011 2:09am Dec 21, 2011 2:09am
what has gotten into this pair? the rise is astonishing to say the least.
  • #295,251
  • Dec 21, 2011 2:10am Dec 21, 2011 2:10am
Quoting Ill-b-back
Yep, we could range below 5780
y 5780? how did u see the limit?
I trade to live
  • #295,252
  • Dec 21, 2011 2:11am Dec 21, 2011 2:11am
quick its heading toward 2.00 averaging 1 pip a second. this is really silly.
  • #295,253
  • Dec 21, 2011 2:12am Dec 21, 2011 2:12am
Quoting Tyoon
Worth watching out for this.

..
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Gone to a better place
  • #295,254
  • Dec 21, 2011 2:13am Dec 21, 2011 2:13am
Quoting Halba
what has gotten into this pair? the rise is astonishing to say the least.
the JPY events at 3pm my local time GMT +8
I trade to live
  • #295,255
  • Dec 21, 2011 2:15am Dec 21, 2011 2:15am
SORRY..Swissy...break SMA monthly (Aqua Colour)
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  • #295,256
  • Dec 21, 2011 2:17am Dec 21, 2011 2:17am


90% of traders use TA, indicators and prediction
  • #295,257
  • Dec 21, 2011 2:22am Dec 21, 2011 2:22am
be careful shortin guys
this thing can be going again 1.61 start of the year

no signs of strong taking profits or pullbacks till now.

lets see 5750

my long went target when i was sleeping!
would have been better for me to wake up earlier and change target price in 1.65. doesnt matter will take another entry next week (.....)
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90% of traders use TA, indicators and prediction
  • #295,258
  • Dec 21, 2011 2:32am Dec 21, 2011 2:32am
Perhaps enough high, looking for breaks 5723 , eu 3127 & au 1.0185 to take weakness next , usdx should have rest on next support 79.34. or another leg up for all .
waiting.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,259
  • Dec 21, 2011 2:39am Dec 21, 2011 2:39am
Quoting fontu
Perhaps enough high, looking for breaks 5723 , eu 3127 & au 1.0185 to take weakness next , usdx should have rest on next support 79.34. or another leg up for all .
waiting.
fontu
yes 1st test as supply area in EU 3130. but looks like its going higher... maybe into 32's. i could be wrong, im out of EU since i closed shorts now waiting...

i leave charts for a while.

will come back after london noon!
90% of traders use TA, indicators and prediction
  • #295,260
  • Dec 21, 2011 2:40am Dec 21, 2011 2:40am
Quoting fontu
Perhaps enough high, looking for breaks 5723 , eu 3127 & au 1.0185 to take weakness next , usdx should have rest on next support 79.34. or another leg up for all .
waiting.
fontu
EU is going to go up a lot today, GBP/USD is like I said, going to the moon, should reach 1.5886 at least
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