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Cable Update (GBPUSD)

  • #303,621
  • Mar 14, 2012 4:50am Mar 14, 2012 4:50am
Quoting _BBKing_
stop hunting? uhm i don't think so. would not be so strong and fast and clean.
there is surely something cooking in GU these 2 days. let's see what happens.
You were saying?? Btw stop hunts are the only clean movement amd fast and to the pip+a bit of over flow... Thats ehat we're seeing now, i specialise on stop hunt movements and i know its stop hint because news is not supportive for gbp strength!!! Good luck next time lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,622
  • Mar 14, 2012 4:54am Mar 14, 2012 4:54am
hoping for a bounce at the 50% of the current daily lo-hi / that previous 1hr swing hi (non - immed) zone ?

G/L

Quoting Cerber.bf2
long 5695 sl 85
ex member
  • #303,623
  • Mar 14, 2012 4:56am Mar 14, 2012 4:56am
Quoting bbmac
hoping for a bounce at the 50% of the current daily lo-hi / that previous 1hr swing hi (non - immed) zone ?

G/L
yep, but my cr@ppy broker let me down today and it didn't fill on time, so i'm on UCAD pullback and go now @ 25
  • #303,624
  • Mar 14, 2012 4:59am Mar 14, 2012 4:59am
I personally think ben bernanke is the focus yet again see if that loud mouth talks of QE
QE positive is benefit for bulls here
But i doubt hes that sumb to shoot himself on the foot now seeing hes been so hawkish on us economy recovery lately
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,625
  • Mar 14, 2012 4:59am Mar 14, 2012 4:59am
Waiting to see if this 15m finishes at a doji, if so i'll put a buy order in a few pips above the high.
  • #303,626
  • Mar 14, 2012 5:00am Mar 14, 2012 5:00am
yeh I had the level marked but have no set-up to enter.

G/L

Quoting Cerber.bf2
yep, but my cr@ppy broker let me down today and it didn't fill on time, so i'm on UCAD pullback and go now @ 25
ex member
  • #303,627
  • Mar 14, 2012 5:00am Mar 14, 2012 5:00am
Quoting Faller
Hey bro.....ya doing a little....

Actually just got up and took a quick scalp short from 1.5727 down to 1.5702 right after the UK data....a clean 25 pips - very nice profit for just waking up!

Hope everyone is doing well......


Cheers, Faller
Well done bro, take the wife to diiner with that
Come with me if you want to live....
  • #303,628
  • Mar 14, 2012 5:03am Mar 14, 2012 5:03am
Quoting bbmac
yeh I had the level marked but have no set-up to enter.

G/L
it should be a devil's joke or the price was there for a second, i just checked all 3 of my data providers, it hit that level
  • #303,629
  • Mar 14, 2012 5:11am Mar 14, 2012 5:11am
As price pulled back from current daily hji - on 5min the pullback lo is below the last 2 x HL on that t/f -no set-up for me on that t/f as such but the master bulish engulfing x 3 shown did tempt me particularly with the 15min doji.

It would be unsurprising to see an attempt on the high (+) again after the pullback given the strength of the move up from current daily lo ?

G/L
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ex member
  • #303,630
  • Mar 14, 2012 5:20am Mar 14, 2012 5:20am
Double top at 200 ema? what do you think?
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  • #303,631
  • Mar 14, 2012 5:22am Mar 14, 2012 5:22am
Quoting Il Pres
Double top at 200 ema? what do you think?
Attachment
Well Done
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,632
  • Mar 14, 2012 5:24am Mar 14, 2012 5:24am
Quoting Il Pres
Double top at 200 ema? what do you think?
Attachment
This chart's indis look familiar...did u get this from Tsar?
I trade to live
  • #303,633
  • Mar 14, 2012 5:26am Mar 14, 2012 5:26am
To be honest, pattern looks bullish but think we will have some consolidation after the fast upmove against the immediate trend.
No need to rush in today perhaps
Come with me if you want to live....
  • #303,634
  • Mar 14, 2012 5:28am Mar 14, 2012 5:28am
Quoting UbuFamily
This chart's indis look familiar...did u get this from Tsar?
Yes sir
  • #303,635
  • Mar 14, 2012 5:30am Mar 14, 2012 5:30am
Quoting bguguen
You were saying?? Btw stop hunts are the only clean movement amd fast and to the pip+a bit of over flow... Thats ehat we're seeing now, i specialise on stop hunt movements and i know its stop hint because news is not supportive for gbp strength!!! Good luck next time lol
i was saying that a stop hunt is not like the move from 5660 to 5740 today.
a stop hunt is another thing. nothing else. i'm not a specialist in stop hunts, since i really don't know what they are and personally i think is a kind of "said". already posted about in the past. they might exists, ok, but what really moves market is money flow. money buy and money sell a pair at a level. said this, for what i'm used to look in markets, i noticed yesterday an heavy and purely strong orders filling when price went from 5648 to 5624. that was really not a down move. was simply an "order hunt". people used to say that some one moved price down to fill those trillions orders long. i'm used to imagine price moving down because there were reasons to move down but then found strong orders long and bombed up. indeed look where price today stopped and reversed: 5649. lol

actually price is showing strenghten not weakness. doesn't matter what is the reason. there is surely a reason that you me and maybe many other can't actually understand. is it a stop hunt? is it an anticipation of monthly closing? is it because queen is buying it to hold the more she can above 5650? is it because simply gbp is stronger that usd in the proportion of 1.5660 -1.5700 and not less? i really don't know and i really don't care

i look how price moves. and that's all.
please try to listen what i say. i'm not kind of guru or teacher or nothing like this. i'm simply sharing what i see in this market where i trade every day seriously. so, again, stop talikng to me with that kind of arrogance "you were saying??" like i'm attacking you or i'm against your ideas or like you are the only one able to pick a trade around the world, or something like this. because it is really not like that.

thanks
90% of traders use TA, indicators and prediction
  • #303,636
  • Mar 14, 2012 5:30am Mar 14, 2012 5:30am
i'm leaving.
busy day.

bybye and good luck.
90% of traders use TA, indicators and prediction
  • #303,637
  • Mar 14, 2012 5:31am Mar 14, 2012 5:31am
with those 3 sell orders in and showing on your chart lower down - I guess youy are hoping it is ?

Time will tell

G/L

Quoting Il Pres
Double top at 200 ema? what do you think?
Attachment
ex member
  • #303,638
  • Mar 14, 2012 5:34am Mar 14, 2012 5:34am
A rat in a trap
he he..
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Come with me if you want to live....
  • #303,639
  • Mar 14, 2012 5:35am Mar 14, 2012 5:35am
Quoting _BBKing_
i was saying that a stop hunt is not like the move from 5660 to 5740 today.
a stop hunt is another thing. nothing else. i'm not a specialist in stop hunts, since i really don't know what they are and personally i think is a kind of "said". already posted about in the past. they might exists, ok, but what really moves market is money flow. money buy and money sell a pair at a level. said this, for what i'm used to look in markets, i noticed yesterday an heavy and purely strong orders filling when price went from 5648 to 5624. that was really...
Very well said - thanks for taking the time to write your thoughts down.

Faller.
I don't trust any move - when you have profit...take it.
  • #303,640
  • Mar 14, 2012 5:36am Mar 14, 2012 5:36am
In respect of OPA (overall price action ) coinditions are mixed on 1hr and somewhat mixed-bearish on 4hr although with close of this present 4hr candle could see 2 x fractal HL's on that t/f - time will tell. Daily remains mixed - bearish too with a LL at the 5601 and a pullback inside the recent 5927-5643 range after the 1st failed upside b/o to 5991.

Nothing is that clear re indications of future near-term direction at the moment on 1hr + ?

G/L
ex member
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