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Cable Update (GBPUSD)

  • #303,001
  • Mar 9, 2012 5:24am Mar 9, 2012 5:24am
buy @ .5795.. take profit for 50 pips.. coz dollar going to shrink in 'bout 20 minute... im doing this b'coz after that 50 pips taken selling is the best thing to do...
  • #303,002
  • Mar 9, 2012 5:36am Mar 9, 2012 5:36am
There we go... NFP better than expected...
and Unemployment rate unchanged...
no need for QE... and no Ben talking later today...

this is Dollar Bullish...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,003
  • Mar 9, 2012 5:37am Mar 9, 2012 5:37am
Quoting Johnny Depp
buy @ .5795.. take profit for 50 pips.. coz dollar going to shrink in 'bout 20 minute... im doing this b'coz after that 50 pips taken selling is the best thing to do...
why are you buying at the resistance?
  • #303,004
  • Mar 9, 2012 5:38am Mar 9, 2012 5:38am
Not safe yet, we still need to break 5750 for a fabulous down move. It seems that GBP hasn't submitted to bears yet.
  • #303,005
  • Mar 9, 2012 5:38am Mar 9, 2012 5:38am
Quoting A-speculator
why are you buying at the resistance?
cuz hes the smartest guy i've ever seen... i have to say hes got guts to trade right before NFP...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,006
  • Mar 9, 2012 5:39am Mar 9, 2012 5:39am
Quoting bguguen
There we go... NFP better than expected...
and Unemployment rate unchanged...
no need for QE... and no Ben talking later today...

this is Dollar Bullish...
this is what normally happens.. usually PA will indicate what the outcome of the news.. i often see things like this happen again and again.. now let's see if it can get below 5750..
  • #303,007
  • Mar 9, 2012 5:39am Mar 9, 2012 5:39am
sorry... not in 20 minute.. but for 20 minute..
  • #303,008
  • Mar 9, 2012 5:42am Mar 9, 2012 5:42am
Quoting A-speculator
this is what normally happens.. usually PA will indicate what the outcome of the news.. i often see things like this happen again and again.. now let's see if it can get below 5750..
A speculator... need i explain why you have this feeling??
cuz the last couple of times the strong NFP came out... then you got Ben giving a statement after that... NFP say Strong Dollar while Ben tells everyone we need to bring QE back on the table to weaken the dollar... understand now?? we dont have ben talking today... so expect it to tank all the way to 5660 today

Ben aint talking today to keep the Dollar down on this GOOD NFP... THANK the fucking lord....!!!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,009
  • Mar 9, 2012 5:44am Mar 9, 2012 5:44am
for anyone wonder why the GBPUSDis going down... THE USD is rising hard and fast... and theres no one to stop it like the previous couple times...

Ben aint talking today after this NFP...

cuz the last couple of times the strong NFP came out... then you got Ben giving a statement after that... NFP say Strong Dollar while Ben tells everyone we need to bring QE back on the table to weaken the dollar... understand now?? we dont have ben talking today... so expect it to tank all the way to 5660 today moving from a failed break of resistance at 5800-5820 all the way down to next level of S/R at 5660

Ben aint talking today to keep the Dollar down on this GOOD NFP... THANK the fucking lord....!!!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,010
  • Mar 9, 2012 5:46am Mar 9, 2012 5:46am
Quoting bguguen
A speculator... need i explain why you have this feeling??
cuz the last couple of times the strong NFP came out... then you got Ben giving a statement after that... NFP say Strong Dollar while Ben tells everyone we need to bring QE back on the table to weaken the dollar... understand now?? we dont have ben talking today... so expect it to tank all the way to 5660 today

Ben aint talking today to keep the Dollar down on this GOOD NFP... THANK the fucking lord....!!!
just trade the PA mate.. too many things playing in your mind, and that's not good for trading.. price is everything.. too many infomation will get in the way for your decision making and that's not good for trading..

anyway, i covered my 5780 position just letting 5800 position to run its course..
  • #303,011
  • Mar 9, 2012 5:48am Mar 9, 2012 5:48am
Quoting bguguen
for anyone wonder why the GBPUSDis going down... THE USD is rising hard and fast... and theres no one to stop it like the previous couple times...

Ben aint talking today after this NFP...

cuz the last couple of times the strong NFP came out... then you got Ben giving a statement after that... NFP say Strong Dollar while Ben tells everyone we need to bring QE back on the table to weaken the dollar... understand now?? we dont have ben talking today... so expect it to tank all the way to 5660 today

Ben aint talking today to keep the Dollar down...
Now testing final minor support line @ 5698, if this breaks too then we will kiss 5660.
  • #303,012
  • Mar 9, 2012 5:53am Mar 9, 2012 5:53am
Quoting A-speculator
just trade the PA mate.. too many things playing in your mind, and that's not good for trading.. price is everything.. too many infomation will get in the way for your decision making and that's not good for trading..

anyway, i covered my 5780 position just letting 5800 position to run its course..
Actually for me... everything is clear as fuck... in fact we had a Sell signal coming in 4 hours back at 1.5799 exactly

Heres why.. MACD is on the Downward trend, already from yesterday... all we needed is Standard Deviation to pick up and MA5 to cross MA14... towards the downside... and you get a clear sell signal...
i didnt enter because i had a sell already...

it was a great signal because it was a clear Open below rejected resistance at 5800

I just didnt wana make noise... anyways Good luck folks... ironic how many people were Like i was mad bro... its a clear bullish signal and shit... hmmm ill just shut up and enjoy this...

Hey GBPUSD Bulls.. im so sorry didnt work out for you guys... Blame Friggin Ben Bernanke for not makeing a speech today HAHAHA

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.gif Size: 18 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,013
  • Mar 9, 2012 5:54am Mar 9, 2012 5:54am
The DARK CLOUD is coming...

Chart Pattern & Candle Signal is the BEST & PERFECT Indicators... !!!
Attached Image (click to enlarge)
Click to Enlarge Name: Dark Cloud Month.jpg Size: 51 KB
Always looking the GREAT, never left GOOD Point...
  • #303,014
  • Mar 9, 2012 5:56am Mar 9, 2012 5:56am
Quoting Tsar
The DARK CLOUD is coming...
I love you tsar, GBPUSD bears standing their ground haha!
Too bad for the bulls that Ben Bernanke didnt come out to stress how US needs QE... That'll send this thing straight back up...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,015
  • Mar 9, 2012 6:00am Mar 9, 2012 6:00am
Quoting bguguen
I love you tsar, GBPUSD bears standing their ground haha!
Too bad for the bulls that Ben Bernanke didnt come out to stress how US needs QE... That'll send this thing straight back up...


At the Last... Winner come, Bro
Always looking the GREAT, never left GOOD Point...
  • #303,016
  • Mar 9, 2012 6:01am Mar 9, 2012 6:01am
Quoting bguguen
Actually for me... everything is clear as fuck... in fact we had a Sell signal coming in 4 hours back at 1.5799 exactly

Heres why.. MACD is on the Downward trend, already from yesterday... all we needed is Standard Deviation to pick up and MA5 to cross MA14... towards the downside... and you get a clear sell signal...
i didnt enter because i had a sell already...

it was a great signal because it was a clear Open below rejected resistance at 5800

I just didnt wana make noise... anyways Good luck folks... ironic how many people were Like...
why are you selling at support? i just couldn't understand, you should already cut the position yesterday when the price break 5770 area and not holding it..
  • #303,017
  • Mar 9, 2012 6:02am Mar 9, 2012 6:02am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
waiting to short..but hesistant becos not much meat at the bottom..considering support 15695 looks quite strong. Also the slide in eur/gbp might have prevented cable from going down as fast as i want to. If support holds..cable may pullback a little and then decline but in a more slanting sideway movement. will just wait and see what happens. Just my 2 cents opinion.
Hindsight is useless if you never learn anything out from it
  • #303,018
  • Mar 9, 2012 6:05am Mar 9, 2012 6:05am
Quoting A-speculator
why are you selling at support? i just couldn't understand, you should already cut the position yesterday when the price break 5770 area and not holding it..
because im a long term trader and my expectations is to see GBPUSD down to 1.5210 on Dollar strength and dollar strength alone... Today as we see a Strong Demand for USD... thing will go smoothly now... dont worry... 5660 and 5450 where i take my profit
and 5210 is where i want the support to be tested there...
Otherwise.. everything is just bullshit...
this 200 pip above 5660 is all bullshit move anyways... besides i can handle the drawdown so dont try lecture me... you have much to learn before you try anything funny with me my friend...

but from what i see patience is yet a virtue you have to learn... took me 4 years of forex trading to learn it so i wont blame you... but people in this thread can tell you're a hot headed short term trader who cant hold a bit of drawdown... sometimes you need to calm down and look at the bigger picture... if 200 pip drawdown is what i have to take for a 500 pip profit, So be it...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,019
  • Mar 9, 2012 6:13am Mar 9, 2012 6:13am
yep, this is my direction
TP manually
Attached Image (click to enlarge)
Click to Enlarge Name: gbp fibo.gif Size: 26 KB
  • #303,020
  • Mar 9, 2012 6:17am Mar 9, 2012 6:17am
Quoting Tsar
Not Zircon species. I'm another type, I'm Phoenix
Type of Birds that can fly reach Higher places. Unique species...


Attention : This is NOT Signal for Trade !
Well...

Zircon, did you believe me Now ?
Always looking the GREAT, never left GOOD Point...
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