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Cable Update (GBPUSD)

  • #298,741
  • Jan 20, 2012 9:36am Jan 20, 2012 9:36am
Quoting starlazer
had called up 0044 1274 2993 00 is not GCM International Ltd but is Commisioner in Bradford, it is scam wed site??

http://www.patrickpretty.com/2010/07...nar-deception/

found this online, sorry dude, hope you didn't have too much in there?
  • #298,742
  • Jan 20, 2012 9:44am Jan 20, 2012 9:44am
Quoting Shaggy_rock
i'm out of all longs for the week, my targets taken,
sym action under this major down trendline.
still no real sign of selling, but the itchy finger clicked the sell button already... :-) have a good weekend all see ya...
See you dude, have a great weekend, and thx for the Gold heads up, much appreciated, helped put the pieces together.
Come with me if you want to live....
  • #298,743
  • Jan 20, 2012 9:50am Jan 20, 2012 9:50am
yes, this upmove will continue till 56 for sure but it cannot be in a straight line so becareful guys will fake move also....at times it can touch the down channel till
  • #298,744
  • Jan 20, 2012 9:50am Jan 20, 2012 9:50am
Quoting nAVIN2007
yes..i agree
at least it improved..should at least attempt the high
I have read a headline that US and China are working together to devalue the dollar. Have not read the article yet, and while I can understand the US interest here, I'm a little confused with China's. Anyway, seems to be playing into your hands bro (and mine most RECENTLY )
Come with me if you want to live....
  • #298,745
  • Edited 10:32am Jan 20, 2012 9:53am | Edited 10:32am
551 again to test & break for 5504 , waiting 24 to down it seems
fontu
gu & usdx mofu , flags .how long it may play , will wait .
level breaks for the down next if 5511, 5501 , 5450 confirm .ma level 5490-84
upside 5546/50 us usdx pressure down still , 1 leg full if .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #298,746
  • Jan 20, 2012 9:55am Jan 20, 2012 9:55am
Hey guys im jumping from another forum to hopefully find a home here on forex factory, i usually follow dailyfx and i have seen it deteriorate to the point of an occassional post every 5 hours. I have been reading the posts on this site and have found some helpful informative posts from some solid members.

Hopefully we can help each other through the treachorous waters ahead.

PartyBoy
  • #298,747
  • Jan 20, 2012 9:58am Jan 20, 2012 9:58am
Buying at my sell entry, that is just bad manners NY.
  • #298,748
  • Jan 20, 2012 10:01am Jan 20, 2012 10:01am
Don't stop now honey xxx
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Come with me if you want to live....
  • #298,749
  • Jan 20, 2012 10:09am Jan 20, 2012 10:09am
Quoting Ill-b-back
I have read a headline that US and China are working together to devalue the dollar. Have not read the article yet, and while I can understand the US interest here, I'm a little confused with China's. Anyway, seems to be playing into your hands bro (and mine most RECENTLY )

US dollar weakness is a popular goal for a variety of reasons but mainly to fuel exports and reduce the value of debt. The Chinese side of this is worrying, the transfer of their dollar reserves into precious metals (particularly silver) and then with a weak dollar an entry into banking and commodities within the US.

Im not sure why but it seems the US is slowly allowing China to become more and more in control of world affairs. On a recent trip to China i even heard it mentioned from certain people in the Chinese public that they think the world will trade in Yuan eventually as the worlds reserve currency.

It is just a slow march towards the new world, one which i will not be happy with but it seems to be going in that direction.
  • #298,750
  • Jan 20, 2012 10:11am Jan 20, 2012 10:11am
Quoting wormboy
Agreed .. the nut crossing wasn't an entirely good idea either

Welp ... leaving this one alone & let it work itself out. Hopefully we get to cash in sometime this week. Later bro! Good luck!
Just wee bit more cable come on ...
Thank You
  • #298,751
  • Jan 20, 2012 10:27am Jan 20, 2012 10:27am
Quoting bguguen
THis is for the haters who needs some evidence i made 275 pips this week in a single trade...
Read'em and weep


Attachment

Today aint over but im done for hte week

Now to the champagne party, cya next week, ill be eyeing for 1.51 just to piss someone off... but no its dependent on today's close AND Next week's open gap...
what happened to this? who got pissed off?
  • #298,752
  • Jan 20, 2012 10:33am Jan 20, 2012 10:33am
Quoting PartyBoy
US dollar weakness is a popular goal for a variety of reasons but mainly to fuel exports and reduce the value of debt. The Chinese side of this is worrying, the transfer of their dollar reserves into precious metals (particularly silver) and then with a weak dollar an entry into banking and commodities within the US.

Im not sure why but it seems the US is slowly allowing China to become more and more in control of world affairs. On a recent trip to China i even heard it mentioned from certain people in the Chinese public that they think the...
Yep ok. It seems America has no choice to be honest. Too much debt and China holding all the cards (and lots of its debt). US clearly sees the writing on the wall and willing to co operate with the new kid on the block. The Bear and the Eagle will become friends, but beware of the Dragon (Nostradamous)
Come with me if you want to live....
  • #298,753
  • Jan 20, 2012 10:37am Jan 20, 2012 10:37am
Quoting PartyBoy
what happened to this? who got pissed off?
Now, now, water under the bridge
Come with me if you want to live....
  • #298,754
  • Jan 20, 2012 10:43am Jan 20, 2012 10:43am
Quoting Ill-b-back
Yep ok. It seems America has no choice to be honest. Too much debt and China holding all the cards (and lots of its debt). US clearly sees the writing on the wall and willing to co operate with the new kid on the block. The Bear and the Eagle will become friends, but beware of the Dragon (Nostradamous)

well put and very true IMO.
  • #298,755
  • Jan 20, 2012 10:51am Jan 20, 2012 10:51am
Quoting Ill-b-back
Yep ok. It seems America has no choice to be honest. Too much debt and China holding all the cards (and lots of its debt). US clearly sees the writing on the wall and willing to co operate with the new kid on the block. The Bear and the Eagle will become friends, but beware of the Dragon (Nostradamous)

and also very dissapointing, this is coming from someone that has alot of experience in both countries. I am British, live in the USA and have seen alot of China and Chinese ways, customs.
  • #298,756
  • Jan 20, 2012 11:17am Jan 20, 2012 11:17am
Good afternoon,
i'm trying to pick a possible top,
sell limit 1.555, seeing this,
criticism is welcome

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  • #298,757
  • Jan 20, 2012 11:24am Jan 20, 2012 11:24am
What I posted a couple of nights ago....this is not my chart....I just made changes to another members chart. He was bearish....I pointed out the slanted inverted head and shoulders pattern......hope all had good pips on this run!

Cheers....Faller.
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I don't trust any move - when you have profit...take it.
  • #298,758
  • Jan 20, 2012 11:24am Jan 20, 2012 11:24am
Channel break on the 4hr.
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  • #298,759
  • Jan 20, 2012 11:35am Jan 20, 2012 11:35am
Quoting fontu
551 again to test & break for 5504 , waiting 24 to down it seems
fontu
gu & usdx mofu , flags .how long it may play , will wait .
level breaks for the down next if 5511, 5501 , 5450 confirm .ma level 5490-84
upside 5546/50 us usdx pressure down still , 1 leg full if .
bo with extreme hardship usdx at last , short scalping then again to see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd4.gif Size: 10 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #298,760
  • Jan 20, 2012 11:46am Jan 20, 2012 11:46am
Quoting Faller
What I posted a couple of nights ago....this is not my chart....I just made changes to another members chart. He was bearish....I pointed out the slanted inverted head and shoulders pattern......hope all had good pips on this run!

Cheers....Faller.
talking about reversed H&S??!
i think the one shown below explains better where we are going next week!
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