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Cable Update (GBPUSD)

  • #297,661
  • Jan 12, 2012 12:37pm Jan 12, 2012 12:37pm
Good day to you,

Daily chart - angle of last 2 bars - check it...

Close above 1.53250 tonight, forced open other side of TL - then a test of today's high @ 1.53650 at least somewhere tomorrow. Close lower than 1.5325 - then void.

Meh - small trick

Regards
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  • #297,662
  • Edited 1:00pm Jan 12, 2012 12:38pm | Edited 1:00pm
Quoting chess king
think we can soon see 79.xx on usdx ?
Not think any time soon ,breaks 79.50 . Hope it started the process of the big candle up/ set of candles in impulse usdx already , just may take time to .
anyway if it happen then usdx to to go bottom & down , us in very deep & profound recession at this situation while rest of the world should have entered !! or apparent in 2012!!
waiting see first though .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,663
  • Jan 12, 2012 12:53pm Jan 12, 2012 12:53pm
Quoting fontu
Not think any time soon ,breaks 79.50 . Hope it started the process of the big candle up/ set of candles in impulse usdx already , just may take time to .
anyway if it happen then usdx to to go bottom & down , us in very deep & profound recession at this situation while rest of the world should have entered !! or apparent in 2012!!
waiting see first though .
fontu
course I do not sell at this time ... was waiting to buy the 78.xx was not there .. let's see what happens...
  • #297,664
  • Jan 12, 2012 12:55pm Jan 12, 2012 12:55pm
Quoting FXMindset
Oh Here little India and I know you would coming make a fun here as usual..I like this momment
Trying prove Mr.Market you are right by holding your loses?
and trying save your face in the public by giving an excuse with your 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
You post a chart simply showing what has happened in the past with no explanation of its relevance (yes we can all see the breakout, retest then bearish confirmation) but it was a little confusing. Then someone decides to have a little fun with it and you come kicking and screaming out of your cot hell bent on giving mummy a sore nipple. It seems you can dish it out by the bucket load but can't take a little fun. Why don't you man up a little?
Come with me if you want to live....
  • #297,665
  • Jan 12, 2012 12:55pm Jan 12, 2012 12:55pm
Quoting Galation
I know. For those who haven't seen:

http://www.zerohedge.com/news/uk-deb...-you-need-know
( Borrow Money )
what about the queen?
i think and hope she will live forever!
90% of traders use TA, indicators and prediction
  • #297,666
  • Jan 12, 2012 12:59pm Jan 12, 2012 12:59pm
Quoting FXMindset
Oh Here little India and I know you would coming make a fun here as usual..I like this momment
Trying prove Mr.Market you are right by holding your loses?
and trying save your face in the public by giving an excuse with your 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
i missed this post!
i never saw navin trying to convince some one in here about anything.
i certainly can say he is in a very difficult and dangerous long position, but this doesn't mean that he is right and that he is trying to move market or convincing nobody that he is right.
just to say
90% of traders use TA, indicators and prediction
  • #297,667
  • Jan 12, 2012 1:14pm Jan 12, 2012 1:14pm
Quoting chess king
course I do not sell at this time ... was waiting to buy the 78.xx was not there .. let's see what happens...
Ok , just care to buy for sure .Nothing is so sure yet though . lets see .
Internet connection making too much trouble today , lots of sitting time , most without any job though !
gold bo taken place !

fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,668
  • Jan 12, 2012 2:00pm Jan 12, 2012 2:00pm
Quoting FXMindset
Oh Here little India and I know you would coming make a fun here as usual..I like this momment
Trying prove Mr.Market you are right by holding your loses?
and trying save your face in the public by giving an excuse with your 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
Navin has never tried to convince any poster against any move . His honesty and sense of fair play is an example to us all. His commitment to his trade is something we could all learn through... if only to learn about commitment, honesty, humility and depth of trading knowledge.
All systems of divination, like music itself,work through patterns.
  • #297,669
  • Jan 12, 2012 3:01pm Jan 12, 2012 3:01pm
Quoting kaspopsicle
Navin has never tried to convince any poster against any move . His honesty and sense of fair play is an example to us all. His commitment to his trade is something we could all learn through... if only to learn about commitment, honesty, humility and depth of trading knowledge.
Could not have said it better myself. Why anyone would attack a guy like nAV in this way is beyond me. Just because he says "are you collecting posts lol"??? what a joke
Come with me if you want to live....
  • #297,670
  • Jan 12, 2012 3:13pm Jan 12, 2012 3:13pm
Thanks for the support guys

I think he took it as a personal attack..he was just defensive..hopefully its all cleared up..i will see what happens tomorrow regarding trade

its a testing time for me now..first time in whole trade i think im now having doubts creep in..lets see what happens...may look for a swing top to exit..all depends on what happens tomorrow

thank u for the kind thoughts every1
  • #297,671
  • Jan 12, 2012 3:26pm Jan 12, 2012 3:26pm
Quoting fontu
Ok , just care to buy for sure .Nothing is so sure yet though . lets see .
Internet connection making too much trouble today , lots of sitting time , most without any job though !
gold bo taken place !

fontu
sorry had to leave for a moment when we had to exchange some ideas...
my target point is 50% of 2010/11 which was 82.5 ...
  • #297,672
  • Jan 12, 2012 3:55pm Jan 12, 2012 3:55pm
Quoting PhAnTi'
im long 5380 tg
sorry for delay!
yes, 5380 is a good target.
if goes more up will be more time to pick it again
actually im still waiting to load a position...
90% of traders use TA, indicators and prediction
  • #297,673
  • Jan 12, 2012 4:10pm Jan 12, 2012 4:10pm
Quoting _BBKing_
sorry for delay!
yes, 5380 is a good target.
if goes more up will be more time to pick it again
actually im still waiting to load a position...
To load short? or long? I know you scalp so not sure.
Come with me if you want to live....
  • #297,674
  • Jan 12, 2012 4:20pm Jan 12, 2012 4:20pm
Quoting nAVIN2007
Thanks for the support guys

I think he took it as a personal attack..he was just defensive..hopefully its all cleared up..i will see what happens tomorrow regarding trade

its a testing time for me now..first time in whole trade i think im now having doubts creep in..lets see what happens...may look for a swing top to exit..all depends on what happens tomorrow

thank u for the kind thoughts every1
hello bro,
i was looking at h4 chart posted here with what i thought following price from old highs.
i think you must have a clear exit plan if things goes wrong at these levels.
is better for you to know exactly what you need to see to definetly close it or not: is it a breaking into 1.40 area? or is it a weekly breaking of main uptrend line?
looking here PA suggest more down imo but this is a very strong level. indeed today 5280 bounced strong up to 5340 or more.
what caused that?!?
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #297,675
  • Jan 12, 2012 4:23pm Jan 12, 2012 4:23pm
Quoting Ill-b-back
To load short? or long? I know you scalp so not sure.
i mean: im still out of gu, waiting something clear. still no clear to me!
so no shorts no longs
well, today was also busy in a lot of things so i didnt watch to charts too much!

personally im in favour of longs in this area.
at least some pick n run to near 5380 5400 max max.
downtrend channel still there both in EU n GU so also possible shorts near upper line. depends on tomorrow's moves imo!
90% of traders use TA, indicators and prediction
  • #297,676
  • Jan 12, 2012 4:27pm Jan 12, 2012 4:27pm
Quoting bguguen
Now i wonder where the haters gone... where did all the Bull enthusiasts gone?? back from nap, absolutely panic free day as much as it got up to 5360... all in the plans...

Hilarious day though... one single news release and market temporarily not following the bad news down you get guys like johnny depp, shocfacter, Repco(and his Bloomberg Terminal LOL) doubting and stuff lol

this is another good one


Sell the rally bearish types have always remained in the market no matter how high this GBPUSD goes.... knew it was a stop hunt... but...
Hey dude, I am a bear also. The way these weekly candles are lining up, I think we will go past 5270 without too much trouble. I was having some fun as it looked a little like you thought the bearish breakout below the previous days low was going to continue without a retrace back up. You made a reference that perhaps we should call you a genius
Perhaps I should have put a smile at the end of my previous post to show I am having a little fun. Here is 2 for you
Come with me if you want to live....
  • #297,677
  • Jan 12, 2012 4:32pm Jan 12, 2012 4:32pm
Quoting _BBKing_
i mean: im still out of gu, waiting something clear. still no clear to me!
so no shorts no longs
well, today was also busy in a lot of things so i didnt watch to charts too much!

personally im in favour of longs in this area.
at least some pick n run to near 5380 5400 max max.
downtrend channel still there both in EU n GU so also possible shorts near upper line. depends on tomorrow's moves imo!
Yes, my thoughts too. Descending TL's getting steeper. I don't scalp anymore as it drive me nuts so just picking your mind to see your thoughts. Thx dude
Come with me if you want to live....
  • #297,678
  • Jan 12, 2012 4:50pm Jan 12, 2012 4:50pm
Quoting _BBKing_
hello bro,
i was looking at h4 chart posted here with what i thought following price from old highs.
i think you must have a clear exit plan if things goes wrong at these levels.
is better for you to know exactly what you need to see to definetly close it or not: is it a breaking into 1.40 area? or is it a weekly breaking of main uptrend line?
looking here PA suggest more down imo but this is a very strong level. indeed today 5280 bounced strong up to 5340 or more.
what caused that?!?
yeah it is getting very close..anyway this is a swing low..so it may break but it needs to form a swing high the last one was 1.66..so i assume after breaking the low it needs to go up ..it is there i will either hedge or cut loss..

right now market needs to make that choice..
i have no idea if up or down long term..it looks like down is on but we really have to sink heavy on these support and still dont feel confident selling at these levels longer term..

all depends on tomorrow..weekly will let us know one way or other
  • #297,679
  • Jan 12, 2012 4:53pm Jan 12, 2012 4:53pm
Quoting Ill-b-back
Hey dude, I am a bear also. The way these weekly candles are lining up, I think we will go past 5270 without too much trouble. I was having some fun as it looked a little like you thought the bearish breakout below the previous days low was going to continue without a retrace back up. You made a reference that perhaps we should call you a genius
Perhaps I should have put a smile at the end of my previous post to show I am having a little fun. Here is 2 for you
Lol thanks next time to avoid confusion, put a smile to it
The market conditions this time around this area is that it does seem wanting to break 5270 and stay below it at 5280 we did experience a minor retracement but 5270 is the ultimate fib support which plenty of orders are lined below all the way to 5240...
That should give interest to the big boys to take it out i suppose
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #297,680
  • Jan 12, 2012 4:53pm Jan 12, 2012 4:53pm
daily..

***

kang doji say good morning kang GS

Quoting iqyu5an
good night KGS

***
sarua sunduhhhhhhhhhhhhhhhhhhhhhhhhh
aya salam ti mr doji jang isukan kang meureunnnnnnnnnnnnnnnnnnnnnnnnn
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