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Cable Update (GBPUSD)

  • #299,881
  • Feb 3, 2012 8:33am Feb 3, 2012 8:33am
Quoting Ill-b-back
I understand. I am a tech trader with a short attention span. I have learnt however that being too sure of myself can be embarrassing.
dont worry too much... short attention span doesnt mean you cant win money... jsut means your winnings are intraday or daily with perhaps say 100-200 pip wins while mine are potentially bigger moves as i wait till techs reacting along the lines of the fundies...
soo by this im saying you could trade 1 week with 3 times 200 pips profit while i wait 1 week just to step in 1 time for a 600 pip profit...
same deal

as for now im gona hold my positions even over the weekend, but i think EU has potential to test all the way down at 1.2950 by the end of today...

gona head off agian and let the trades run, see you maybe in a weeks time.. ill be busy moving back to UK lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,882
  • Feb 3, 2012 8:41am Feb 3, 2012 8:41am
Quoting Ill-b-back
It pays to read between the lines. That candle between the lines was my entry, why would I bullshit you? Go Markets pride themselves on tight spreads. I have seen less that 1 pip spread on this pair at times.
My system gave a short signal when I got home from work so I took it before heading out to dinner.
I actually won't move to SL BE, I will hold and let the chips fall as they may. Stop above yesterdays high. Good luck with your trade.
I don't know between what lines I was supposed to read, I read you saying it was a pending order triggered, now you say it was your system giving you the short signal so you took it.
I have never seen less then 1 pip spread on this pair on my Go Markets Razor account and I also have no idea why you would bullshit me or anybody else, it's just that it doesn't add up at all.
Either way, good luck to you to.
Don't get mad, get even!
  • #299,883
  • Feb 3, 2012 8:43am Feb 3, 2012 8:43am
Quoting stulic
I don't know between what lines I was supposed to read, I read you saying it was a pending order triggered, now you say it was your system giving you the short signal so you took it.
I have never seen less then 1 pip spread on this pair on my Go Markets Razor account and I also have no idea why you would bullshit me or anybody else, it's just that it doesn't add up at all.
Either way, good luck to you to.
oh stullic leave him be, come lets celebrate ill open a bottle of champagne and we shall get drunk together lol
its the weekends man!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,884
  • Feb 3, 2012 8:45am Feb 3, 2012 8:45am
Quoting bguguen
guys wanting to know what effect the NFP has...

Look at US30 or US stock Indices
Look at USDX
both US Stocks and US dollar is strengthening...
meaning people are in a Fire Buy Dollar situation...

normall US stock indices fall translates to USD strength but the fact its rising together with USDX means USDX has MORE room to rise when US indices exhausts
thats the fundie basics. and its the likely scenario as good US figure attracts people to pull out from RISK pairs and to buy US Dollar across the board...
I agree, looking at USDX gives a 'better' perspective on GU.

Quick question.
Where do you view US30?
What US stock index do you look at?
  • #299,885
  • Feb 3, 2012 8:48am Feb 3, 2012 8:48am
Quoting bguguen
oh stullic leave him be, come lets celebrate ill open a bottle of champagne and we shall get drunk together lol
its the weekends man!
Cheers!
Don't get mad, get even!
  • #299,886
  • Feb 3, 2012 8:50am Feb 3, 2012 8:50am
Quoting delorean
I agree, looking at USDX gives a 'better' perspective on GU.

Quick question.
Where do you view US30?
What US stock index do you look at?
US30 i got it on FXCM... think thats the dow jones...
a brief look and i see FXCM's metatrader also has SPX500 (S&P500)
and NAS100 (NasDaq 100)

good equities to look at but the figures may vary with what other websites are showing... but you can atleast see the movements which is somewhat the accurate part to watch...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,887
  • Feb 3, 2012 8:56am Feb 3, 2012 8:56am
Quoting stulic
I don't know between what lines I was supposed to read, I read you saying it was a pending order triggered, now you say it was your system giving you the short signal so you took it.
I have never seen less then 1 pip spread on this pair on my Go Markets Razor account and I also have no idea why you would bullshit me or anybody else, it's just that it doesn't add up at all.
Either way, good luck to you to.
My system told me to short, so I put on the fib tool, measure the 61.8 retrace, put the trade in about 5-10 pips earlier to be sure of entry. Adds up to me. I don't know why you got so hung up on this trivial matter in the first place.
Come with me if you want to live....
  • #299,888
  • Feb 3, 2012 9:00am Feb 3, 2012 9:00am
Quoting bguguen
US30 i got it on FXCM... think thats the dow jones...
a brief look and i see FXCM's metatrader also has SPX500 (S&P500)
and NAS100 (NasDaq 100)

good equities to look at but the figures may vary with what other websites are showing... but you can atleast see the movements which is somewhat the accurate part to watch...
Thanks! I will be adding those into my watch list. Cheers!
  • #299,889
  • Feb 3, 2012 9:04am Feb 3, 2012 9:04am
waiting see if next limit level 5735 hold or not .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 14 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,890
  • Feb 3, 2012 9:05am Feb 3, 2012 9:05am
I wonder where the british bulls are gona get supporting evidence that UK is in better shape than Europe... when i say UK is in worse shape than Europe.. with EURO surely dying in the current 1-2year time and situation...

apparently the brits are holding the dying currencies, explains the drop in EURGBP over the last year lol

http://www.forexlive.com/blog/2012/0...ped-off-shore/
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,891
  • Feb 3, 2012 9:12am Feb 3, 2012 9:12am
Quoting fontu
waiting see if next limit level 5735 hold or not .
fontu
I'd like to see ur view on this though....
note the bearish trendline dated way back from 31 oct 2011 till now.. and how the recent movement in GBPUSD is respecting it once again...

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1.gif Size: 23 KB

Hourly
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1.gif Size: 20 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,892
  • Feb 3, 2012 9:18am Feb 3, 2012 9:18am
Quoting bguguen
I wonder where the british bulls are gona get supporting evidence that UK is in better shape than Europe... when i say UK is in worse shape than Europe.. with EURO surely dying in the current 1-2year time and situation...

apparently the brits are holding the dying currencies, explains the drop in EURGBP over the last year lol

http://www.forexlive.com/blog/2012/0...ped-off-shore/
if I had a nickle for every time forexlive called it wrong I wouldn't have to trade.

the big news today is we have a real market again for the first time since May 2011.

game is back on.
  • #299,893
  • Feb 3, 2012 9:20am Feb 3, 2012 9:20am
Quoting Fudomyo
if I had a nickle for every time forexlive called it wrong I wouldn't have to trade.

the big news today is we have a real market again for the first time since May 2011.

game is back on.
ummmm i hardly believe they are wrong all the time... good friend... i just use their news source, but not their trade recommendation and stuff...
and so far?? it works...
anything else to add??
oh yes... dont wana start a fight... soo talk to you later
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,894
  • Feb 3, 2012 9:25am Feb 3, 2012 9:25am
Quoting bguguen
ummmm i hardly believe they are wrong all the time... good friend... i just use their news source, but not their trade recommendation and stuff...
and so far?? it works...
anything else to add??
oh yes... dont wana start a fight... soo talk to you later
don't take it the wrong way. I wasn't talking about you so there's no fight.

news is news. how they trade is what I refering to.
  • #299,895
  • Feb 3, 2012 9:27am Feb 3, 2012 9:27am
Yeah Forexlive usually go both ways so they're always right, no difference to many other news sources really.
Don't get mad, get even!
  • #299,896
  • Feb 3, 2012 9:29am Feb 3, 2012 9:29am
Quoting stulic
Yeah Forexlive usually go both ways so they're always right, no difference to many other news sources really.
You know whats the irony... they got 4 guys in forex live... so they can literallly say we have 2 of our guys right and 2 wrong... so we are still right... the fact that we put up something right is what's right about us...

oh and the reason they would give out when they're wrong... on they're just quoting from another source...
sooo Read the source... dont read their analysis and recommendation
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,897
  • Feb 3, 2012 9:32am Feb 3, 2012 9:32am
Quoting Fudomyo
don't take it the wrong way. I wasn't talking about you so there's no fight.

news is news. how they trade is what I refering to.
just posted but ill post again lol
i dont care shit about how they trade... just reading the news sources... since new source has to come from somewhere... not from them soo they can always blame the source if anything wrong...

trade recommendations?? not gona give a shit...

Them giving out where the Stop orders and shit are?? useful to know... can trade the if you want but beware the fact that they cant tell the exact size of these orders means theres always a bigger fish that could come in to eat the smaller fish and you wont know the order they quoted was the smaller fish until the market goes against them...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #299,898
  • Feb 3, 2012 9:42am Feb 3, 2012 9:42am
Quoting bguguen
just posted but ill post again lol
i dont care shit about how they trade... just reading the news sources... since new source has to come from somewhere... not from them soo they can always blame the source if anything wrong...

trade recommendations?? not gona give a shit...

Them giving out where the Stop orders and shit are?? useful to know... can trade the if you want but beware the fact that they cant tell the exact size of these orders means theres always a bigger fish that could come in to eat the smaller fish and you wont know the...
ok you are missing the point.

news is news. get a reuters feed if you want news. or if you can't afford reuters get talkFX.

this is news.

the "inside" market rumor bullshit they spin is wrong so much of the time it's laughable.

do whatever you like.

I'm allowed my opinion and you're allowed yours. let's leave it there.
  • #299,899
  • Edited 10:33am Feb 3, 2012 10:20am | Edited 10:33am
Quoting bguguen
I'd like to see ur view on this though....
note the bearish trendline dated way back from 31 oct 2011 till now.. and how the recent movement in GBPUSD is respecting it once again...

Daily
Attachment
Hourly
Attachment
Ok , tl if the target of all crazies so far , it is done already & some relaxation must come next & so not expecting specially pullback to it & again bull heavy . some ok still , as wrote before there can be benefit of doubt ,1 more last leg up to end apparent start over nearest limit for bull 5735. no over? correct below it then next , no crazy may work so soon & ready for correction the full crazy up .

now price over 5735 bounced enough & seems bull taking action but to me not yet , 5822 to break for as limit for bear it is .without, bear to bottom or down to that bull limit test again 5735 .
good fight for who will controll next .No free soup for any , specially previliged bull .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,900
  • Feb 3, 2012 10:31am Feb 3, 2012 10:31am
Altough according to oanda,majority is short on eur and gbp,but if closely looked at daily chart theres enough bulls trapped to bring pound to aleast 5700.but time will tell.
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