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Cable Update (GBPUSD)

  • #297,601
  • Jan 12, 2012 6:14am Jan 12, 2012 6:14am
sometime trading to me simply impossible to call

gbp strength is reducing and usd is falling harder..why? no idea but cable is rising so cant ask for more..

but wtf??
  • #297,602
  • Jan 12, 2012 6:15am Jan 12, 2012 6:15am
Quoting bguguen
Call me a genius or what ever.. it's like i KNOW....
anyways 5270 On its way!
Heres the updated picture of the quoted one that i suspected it was the retracement, now the down move kicks in...
Attachment
Not yet genius
Come with me if you want to live....
  • #297,603
  • Jan 12, 2012 6:15am Jan 12, 2012 6:15am
Quoting FXMindset
He ask me stop make him a post,but now he started and try deliberate make fun with my post,so if he want to play with me he absolutelly need to play hard now

I even have more cool data about him,and you would be surprise laugh on the floor

Btw,Its nice to see you here mate


Happy New Year 2012 and God bless
That's hilarious

Happy New Year 2u2!
Don't get mad, get even!
  • #297,604
  • Jan 12, 2012 6:16am Jan 12, 2012 6:16am
Am not seeing the pair @ 1.5380
  • #297,605
  • Jan 12, 2012 6:19am Jan 12, 2012 6:19am
Quoting FXMindset
Oh Here little India?
Trying prove Mr.Market you are right by holding your loses?
and trying save your face in the public by giving an excuse with longterm chart?
and when other members share a bearish view,then you keep trying convince them its bullish outlook?
and said Wormboy No clue at all about his view about USD Bullish? Lol...You are still far away Kiddo

Good Luck with your margin call dude and keep convince Mr.Market that you are right

dude it is a long term trade and for azim, i respect him, he knows it!!! infact i complement him all the time.. will respect u regardless.

nobody is god therefore fortune is unknown to some extent..but i stand by my trade..might be wrong!! and looking so to be honest..

i wish u good fortune in all areas of life
  • #297,606
  • Jan 12, 2012 6:22am Jan 12, 2012 6:22am
Quoting iqyu5an
Europe stocks rise after Spain, Italy debt sales
High demand for government debt in Spain and Italy boosts mood
who would stop when the markets wanna go higher lol..

no tech no fundi nothing.. we just have to go with it
  • #297,607
  • Jan 12, 2012 6:23am Jan 12, 2012 6:23am
Quoting nAVIN2007
dude it is a long term trade and for azim, i respect him, he knows it!!! infact i complement him all the time.. will respect u regardless.

nobody is god therefore fortune is unknown to some extent..but i stand by my trade..might be wrong!! and looking so to be honest..

i wish u good fortune in all areas of life
then am hope Brahma blessing you well,simple like that
If there was easy money lying around,no one would be forcing it into your
  • #297,608
  • Jan 12, 2012 6:24am Jan 12, 2012 6:24am
Quoting FXMindset
then am hope Brahma blessing you well,simple like that

I have nothing against u at all..please stop thinking so..
  • #297,609
  • Jan 12, 2012 6:28am Jan 12, 2012 6:28am
Quoting nAVIN2007
I have nothing against u at all..please stop thinking so..
Amen with that
If there was easy money lying around,no one would be forcing it into your
  • #297,610
  • Jan 12, 2012 6:32am Jan 12, 2012 6:32am
Not seeing usdx chart from home but should be correcting before the bull candle to start from d turning point & no question about it being aborted with just d top , more than usual just & should be time for short myself , taking test ones here & next after news effects .
all ok then moderate to big candle there again .lets see .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,611
  • Jan 12, 2012 6:47am Jan 12, 2012 6:47am
Quoting fontu
Not seeing usdx chart from home but should be correcting before the bull candle to start from d turning point & no question about it being aborted with just d top , more than usual just & should be time for short myself , taking test ones here & next after news effects .
all ok then moderate to big candle there again .lets see .
fontu
here you go.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 110 KB
Click to Enlarge Name: gut.png Size: 109 KB
  • #297,612
  • Jan 12, 2012 7:09am Jan 12, 2012 7:09am
Quoting smikester
I'm wondering why no one has mentioned the fact that yesterday close below the lower trend line, daily, and we are now approaching 1.5360?
uhm i think i dont have the TL you mentioning!
could be wrong im not in front of charts actually...
well nobody mentioned! which tl do you mean?

anyway, i said yesterday im careful at this lvl until something clear happens in charts. when i left, there was good rejection @5280
Eu did a nice retrace move and double bottoming 2670.
Gu bit unclear to me actually, so i prefere say nothing
90% of traders use TA, indicators and prediction
  • #297,613
  • Edited 7:41am Jan 12, 2012 7:18am | Edited 7:41am
Quoting _BBKing_
uhm i think i dont have the TL you mentioning!
could be wrong im not in front of charts actually...
well nobody mentioned! which tl do you mean?
g
Have a look at Fudomyo's chart above. He's nailed it.

1.5360 is the monthly low of December 2011. Wonder why the price chose to reverse here? (Well, within 5 pips) ...
Gone to a better place
  • #297,614
  • Jan 12, 2012 7:28am Jan 12, 2012 7:28am
Daily close below the main 2 trend lines and also below September 2011 low. That was the 2011 low we just closed under...

Quite an important level.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd120112d1.gif Size: 31 KB


This does not mean we are definitely going further down, but gives us levels to trade off...
Gone to a better place
  • #297,615
  • Jan 12, 2012 7:34am Jan 12, 2012 7:34am
The bear roars again... Can it reach downside lower than 5270 area?
  • #297,616
  • Jan 12, 2012 7:51am Jan 12, 2012 7:51am
Quoting gsantri
Nice trade Mr.TT

welcome back and best of luck in 2012. a good start btw..
Good day to you,

Appreciate the wishes - may 2012 be a super year for you and your loved ones.

I must admit that I am encouraged over the past few days as I am testing. The little beartrap this morning aside. ( we might have another one on the cards...)

Still a lot of testing to do - but it seems that the effort will be justified...

So i'm happy.

Wish you all the best

Regards
  • #297,617
  • Jan 12, 2012 8:06am Jan 12, 2012 8:06am
Quoting Fudomyo
here you go.
ok , some more turmoils with h1 & h4 tf offensive premature , usdx bull set up perfect still , us news come negative & will wait more . may be friday end with bottom ranging only without great action anyside .
lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd3.gif Size: 11 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,618
  • Jan 12, 2012 8:29am Jan 12, 2012 8:29am
Quoting TauTrader
Good day to you,

Appreciate the wishes - may 2012 be a super year for you and your loved ones.

I must admit that I am encouraged over the past few days as I am testing. The little beartrap this morning aside. ( we might have another one on the cards...)

Still a lot of testing to do - but it seems that the effort will be justified...

So i'm happy.

Wish you all the best

Regards
Quick one..

On lower timeframes - (15min and 5 min) setups differ between EU and GU - so this makes me a bit confused ( non confident). GU shows up cycle on 15 min still in place, EU shows start of down on 15 min.

They differ up to 1hr timeframe.

Will be interesting to see if both stick to their own set of rules

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu151.jpg Size: 109 KB
  • #297,619
  • Jan 12, 2012 8:53am Jan 12, 2012 8:53am
Quoting smikester
Daily close below the main 2 trend lines and also below September 2011 low. That was the 2011 low we just closed under...

Quite an important level.

Attachment

This does not mean we are definitely going further down, but gives us levels to trade off...
i must admit that i totally missed those TL!!
i am studying something about timing cycles...
lot of work to do there, but i think will be well paid!
what im looking about GU is this retrace scenario @ 61% fibo of last fall.
perfect time to touch it @ 5360 (near) which is also thousands of other main things!

every candle closed... gives me more ideas about actual setup and next possible moves.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 18 KB
90% of traders use TA, indicators and prediction
  • #297,620
  • Jan 12, 2012 9:08am Jan 12, 2012 9:08am
Not much to wait perhaps usdx , eu & gold doing great ! uj down again but gbpchf great down continues . lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd3.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
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