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Cable Update (GBPUSD)

  • #295,341
  • Dec 21, 2011 10:12am Dec 21, 2011 10:12am
Quoting Mr.C
Any thoughts of how far it may go?
Still here. Half closed for 96 pips at 1.5649. The rest left running.
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Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #295,342
  • Edited 11:38am Dec 21, 2011 11:22am | Edited 11:38am
After a long time , just get in , actually could not access FF or properly open any time the site to me .
anyway all 3 ladies now broken the cretical levels for more bear next , gu last one & thinking a up spike before the start next & eu & au though ok for but gu spike master getting max. resistance to do this , may need more & more 5649 tests & so again loss the harmony . lets they do co-ordinate & work next time or next day ,in low volumes now.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,343
  • Dec 21, 2011 1:39pm Dec 21, 2011 1:39pm
Quoting fontu
Good night , hope they all doing fine . take care
fontu
Thx Fontu, thx for your correlation heads up, good luck for the rest of the year.
Come with me if you want to live....
  • #295,344
  • Dec 21, 2011 2:06pm Dec 21, 2011 2:06pm
150 pips above fair value
  • #295,345
  • Dec 21, 2011 3:31pm Dec 21, 2011 3:31pm
Quoting Mr.C
Still here. Half closed for 96 pips at 1.5649. The rest left running.
The trade didn't go by the best plan for me. But hiding SL at the very best place is sometimes the B plan which also goes with the initial plan. I don't like the idea that main move of the month has changed to up. We have already reached the TP1 point @ 1.5649 and I think that we now might jump back to ~1.5717. Afterwords the 1.5629 area is most likely to be reached. If not today - tomorrow then. But it all depends on the near future PA given. As you might see I've already saved some profits. And am moving my SL to +1 now.
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Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #295,346
  • Dec 21, 2011 4:35pm Dec 21, 2011 4:35pm
Quoting Mr.C
The trade didn't go by the best plan for me. But hiding SL at the very best place is sometimes the B plan which also goes with the initial plan. I don't like the idea that main move of the month has changed to up. We have already reached the TP1 point @ 1.5649 and I think that we now might jump back to ~1.5717. Afterwords the 1.5629 area is most likely to be reached. If not today - tomorrow then. But it all depends on the near future PA given. As you might see I've already saved some profits. And am moving my SL to +1 now.
Nice work there. I hope 5629 comes into play, good payload for last minute xmas shopping.
Come with me if you want to live....
  • #295,347
  • Edited 10:20pm Dec 21, 2011 4:48pm | Edited 10:20pm
Aaarrrggg, well its been a tight tussle all night with the old Monthly 20sma merchant ship, with some blood spilt and neither side giving an inch, but with a new day comes new opportunities.
Have just received confirmation that me old mate 55 days will be joining us in our battle. He's a fierce pirate who doesn't give up much ground and is a good man to have on your side. I think the 2 of us should be able to extract some load from this familiar merchant ship as the momentum and tide carry us south. I also expect a recent friend of mine who lives but 4 hours away and his little brother who lives even closer to join in the battle once we gain some ground. Now of course this means we'll have to split the loot 4 ways, but once it's confirmed they're in, I'll add to our position and double our haul, Aaarrrggg.
Come with me if you want to live....
  • #295,348
  • Dec 21, 2011 6:30pm Dec 21, 2011 6:30pm
Expecting a pullback to the 4hr 55ema at 61.8 retrace but see a possibility we could then shoot higher from there to resistance at 59 area. Not HIGHLY likely but something to look out for.
Come with me if you want to live....
  • #295,349
  • Dec 21, 2011 7:12pm Dec 21, 2011 7:12pm
Quoting abdul_halim
update...sell
cool bro....are u an angel?
I trade to live
  • #295,350
  • Dec 21, 2011 7:16pm Dec 21, 2011 7:16pm
Quoting Halba
the whole thing is a hot air balloon waiting to collapse. hopium is a drug...
u're totally right bro...but i believe hot air balloon doesn't collapse so fast like a stone...maybe new year then reached ground! hehe
I trade to live
  • #295,351
  • Edited 10:56pm Dec 21, 2011 10:36pm | Edited 10:56pm
Quoting Ill-b-back
Expecting a pullback to the 4hr 55ema at 61.8 retrace but see a possibility we could then shoot higher from there to resistance at 59 area. Not HIGHLY likely but something to look out for.
Morning , yeah thought a spike towards 5723 & steady fall towards 5571 before the london next but nothing happened . H4 tf now an obstackle to up it & anyway breaking level of concern last of all ladies, there was spike attempt ok and failed both up & both down with some buys still over the level . anyway frankie /London may do for the intention. all ladies ready , levels broken , spikes more or less taken place & so when in harmony they should all act together , do or die formula, spike up to great down or continue in another great hopium /scam to hunt everybody's happiness before the event, may not over the job !


Limited room now perhaps spike up & so let it done with frankie /London & they to decide the fall /breaks the level , gu 5647 breaks for 100+ down take minimum & will wait for the fall if .
au 170+ below 1.0051, eu not showing this pattern but next down should the bottom .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,352
  • Dec 21, 2011 11:22pm Dec 21, 2011 11:22pm
Not sure if the 15min 200ema is broken yet with a closed 1hr candle or at least a 15min candle as not at charts but this would be a signal for me to travel towards the 56 level and the 1hr 200ema
Come with me if you want to live....
  • #295,353
  • Dec 21, 2011 11:24pm Dec 21, 2011 11:24pm
Quoting Ill-b-back
Not sure if the 15min 200ema is broken yet with a closed 1hr candle or at least a 15min candle as not at charts but this would be a signal for me to travel towards the 56 level and the 1hr 200ema
Or watch 30min 200ema
Come with me if you want to live....
  • #295,354
  • Dec 21, 2011 11:34pm Dec 21, 2011 11:34pm
This Asian creep lately has been getting a little frustrating when in Australia and can monitor its lack of movement
Come with me if you want to live....
  • #295,355
  • Dec 21, 2011 11:41pm Dec 21, 2011 11:41pm
Anyone know who is keeping the 1.5660 level? Options or year end bonuses tied to this level for some reason? I expect it so break sometime, but it
seems someone(s) is nursing that level. And probably much easier with thin volumes now.
  • #295,356
  • Dec 21, 2011 11:55pm Dec 21, 2011 11:55pm
Quoting MasterElf1
Anyone know who is keeping the 1.5660 level? Options or year end bonuses tied to this level for some reason? I expect it so break sometime, but it
seems someone(s) is nursing that level. And probably much easier with thin volumes now.
No idea but some says Santa looking to EZ with great blessings this christmas , they identify german as the Santa , may be it then doing to protect for another hopium if works & if can keep till Christmas event with joy !! not think so though .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,357
  • Dec 22, 2011 12:26am Dec 22, 2011 12:26am
Quoting Ill-b-back
Nice work there. I hope 5629 comes into play, good payload for last minute xmas shopping.
Thanks man. Would also like to see that. It is the 100% yesterday range zone and a quite nice support level there. Was waiting for it yesterday as the main move of the day has been changed to down during the second part of the trading day. But having in mind what is recently going on there in the markets you might never know. The second TP point will be adjusted today I think. Banked some already have a free ride - nothing to worry about. As I said a jump back to ~1.5717 is a great possibility now and that is 27 pips to my SL place. Not a very big breathing space. Green pips to all of us though.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #295,358
  • Edited 1:50am Dec 22, 2011 1:12am | Edited 1:50am
Baby hopium run in advance and doubt if pass through frankie & London taking over & so may fail & restart again , afterall an almost round bottom was likely the formation to try up sustain than hit & kill mode today , at higher level though .possible action potential today , sudden raise to sudden fall followed by plateau if any mistake rather sustain .
fontu

so it choice sudden up , towards 5700 & shorted all before London to see with precaution & temporary scalping > near validation/support level if possible .
London open approaching so closed all & expecting gu retest 5700 & + before next short session .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #295,359
  • Dec 22, 2011 1:45am Dec 22, 2011 1:45am
Quoting PoundTrader
short at 1.5660, s/l 1.5822, t/p 1.5535
im short at 1.5660 and 1.5696, s/l 1.5822, t/p 1.5603
  • #295,360
  • Dec 22, 2011 1:47am Dec 22, 2011 1:47am
Quoting bangcool
Can you give me a link there?
It must be enjoyable learning from expert trader around the world
Hi Bangcool,

Would you please share with me the EA you are using on the trades on forex factory.

Where the take profit is 5 pips gbpusd.

Would you please. PM me if you would.

Thanks in advance.

Sav
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