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Cable Update (GBPUSD)

  • #305,121
  • Mar 28, 2012 6:51am Mar 28, 2012 6:51am
1hr 100sma is just below 59, be careful of a small NY drop and recovery
Come with me if you want to live....
  • #305,122
  • Mar 28, 2012 6:52am Mar 28, 2012 6:52am
Quoting _BBKing_
heheh yes of course! i mean 50/50 probability to see price going down or up out of this 5890-5990. until into here, will simply ping pong or something similar and show every where reasons to go long or short, then reverse V turn to a pip for a reason etc...... you know what GU can do when in these situations!
meanwhile, scalping is always allowed

very good.....
I don't trust any move - when you have profit...take it.
  • #305,123
  • Mar 28, 2012 6:55am Mar 28, 2012 6:55am
Quoting A-speculator
hello mate, you know that i am one of the bears.. but imho until eu and gu are in sync.. i think we might not see price below 5900..

just TPed my positions on cable and shorted fiber at 3360 .. perhaps tomorrow we will see cable tanking.. i don't think today..

but if cable is able to break the 5900, will eager to short after the pullback..

respectfully - being in sync or not being in sync does not mean much lately or for that fact since at least the beginning of this year.......I stopped looking for correlations as the past while they just do not make sense - I do monitor other pairs and other markets - but try very very hard to just trade what I see on the instrument I am trading rather then say - oh....this thing is here or doing that and therefore my instrument must do this.......you can get burnt.
I don't trust any move - when you have profit...take it.
  • #305,124
  • Mar 28, 2012 7:01am Mar 28, 2012 7:01am
Quoting Faller
respectfully - being in sync or not being in sync does not mean much lately or for that fact since at least the beginning of this year.......I stopped looking for correlations as the past while they just do not make sense - I do monitor other pairs and other markets - but try very very hard to just trade what I see on the instrument I am trading rather then say - oh....this thing is here or doing that and therefore my instrument must do this.......you can get burnt.
if you cannot find the correlations does not mean that there's no correlations at all.. perhaps you have to try harder.. what i am studying atm is to find the correlation on the planetary aspect in relation to the price behavior which is more insane than correlation between pairs, but there somehow is a correlations..

you just have to know how to find it..
  • #305,125
  • Mar 28, 2012 7:03am Mar 28, 2012 7:03am
Quoting A-speculator
if you cannot find the correlations does not mean that there's no correlations at all.. perhaps you have to try harder.. what i am studying atm is to find the correlation on the planetary aspect in relation to the price behavior which is more insane than correlation between pairs, but there somehow is a correlations..

you just have to know how to find it..

I am not the SmArt -
I don't trust any move - when you have profit...take it.
  • #305,126
  • Mar 28, 2012 7:06am Mar 28, 2012 7:06am
Quoting Faller
I am not the SmArt -
don't say that mate.. we're all in the same ship, same journey. hopefully someday i can share what i found.. it might takes some years to develop since i only started reading the literature about 1-2 month ago..

good luck mate.. green pips.
  • #305,127
  • Mar 28, 2012 7:12am Mar 28, 2012 7:12am
Quoting Fx.Fishermen
hoping ot het 2st target with in 2 hours then will move to +5 and will see if it hit my 2nd target or not.
First Target Reched.
Moved Stop to +2
looking for second target.
Cheers..
  • #305,128
  • Mar 28, 2012 7:13am Mar 28, 2012 7:13am
Quoting A-speculator
if you cannot find the correlations does not mean that there's no correlations at all.. perhaps you have to try harder.. what i am studying atm is to find the correlation on the planetary aspect in relation to the price behavior which is more insane than correlation between pairs, but there somehow is a correlations..

you just have to know how to find it..
theres a correlation with everything in life because it all connected..when its summer the sun is out and people become happy and horny, condom sales increase ecomony booms

is this cause of planets, or the sun, alignment of stars, storms or polictics etc (u get my point)

I say :-bit of everything cause its friggin connected..i wish u well thou..interesting journey of discovery
  • #305,129
  • Mar 28, 2012 7:19am Mar 28, 2012 7:19am
Quoting Faller
Cable is currently breaking important support at 1.5925

watch all the things around....

euro, cad, aud, and oil - keep your ear to the ground.

also watch that USDX - it is currently moving up on small good volume.
I don't trust any move - when you have profit...take it.
  • #305,130
  • Mar 28, 2012 7:20am Mar 28, 2012 7:20am
Quoting nAVIN2007
theres a correlation with everything in life because it all connected..when its summer the sun is out and people become happy and horny, condom sales increase ecomony booms

is this cause of planets, or the sun, alignment of stars, storms or polictics etc (u get my point)

I say :-bit of everything cause its friggin connected..i wish u well thou..interesting journey of discovery
yeah, from my findings, its due to the rays we received from the planets, moon void of course and sun spots. And i also found that the degrees the planets to each other will have good/bad effects on our planet including our psychology.

Anyway, thanks mate.

Green pips y'all and later guys.
  • #305,131
  • Mar 28, 2012 7:29am Mar 28, 2012 7:29am
Quoting UbuFamily
the long leg of 5903 shows buying pressure right? Hence, few candles include now able to climb a little bit up..hmmm...opinion only..

add: totally PA assumption...
my bad...sorry
I trade to live
  • #305,132
  • Mar 28, 2012 7:29am Mar 28, 2012 7:29am
Quoting nAVIN2007
the area i was talking about is the last weekly high..we are testing this area..anything above it is bullish not bearish

alright bro
I trade to live
  • #305,133
  • Mar 28, 2012 7:31am Mar 28, 2012 7:31am
it will be always there are many reasons for everything, perception of the chart sometime different among trader. The only thing i would like to remind you all, majority position is killing field. It was happened so many time, cable always find a way to beat what we tought the strongest indicator where the cable would go.
  • #305,134
  • Mar 28, 2012 7:34am Mar 28, 2012 7:34am
with all of this bad economic news coming from everywhere - all we need now is for the UK to say yes......we are easing more......flood the market with pounds........

I think that will be the next headline - UK to Ease more -
I don't trust any move - when you have profit...take it.
  • #305,135
  • Mar 28, 2012 7:39am Mar 28, 2012 7:39am
Quoting Fx.Fishermen
First Target Reched.
Moved Stop to +2
looking for second target.
Cheers..

very nice.

I don't trust any move - when you have profit...take it.
  • #305,136
  • Mar 28, 2012 7:43am Mar 28, 2012 7:43am
Quoting Faller
with all of this bad economic news coming from everywhere - all we need now is for the UK to say yes......we are easing more......flood the market with pounds........

I think that will be the next headline - UK to Ease more -

I trade to live
  • #305,137
  • Mar 28, 2012 7:48am Mar 28, 2012 7:48am
Quoting A-speculator
yeah, from my findings, its due to the rays we received from the planets, moon void of course and sun spots. And i also found that the degrees the planets to each other will have good/bad effects on our planet including our psychology.

Anyway, thanks mate.

Green pips y'all and later guys.

great..let me know yur finding..either way its very interesting
  • #305,138
  • Mar 28, 2012 7:48am Mar 28, 2012 7:48am
funny how i didnt have to say anything today and people are already so negative about the GBP
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #305,139
  • Mar 28, 2012 8:04am Mar 28, 2012 8:04am
This was the chart I posted earlier today - and when I took my position - I gave everyone here a hint.....hope you took it!

http://www.forexfactory.com/showthre...82#post5519082

Cheers Faller....

And for anyone new here....no I am not making a call after the fact so I am posting my trading platform to show position -

Cheers again.....Faller.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Cable Important Information.jpg Size: 166 KB
Click to Enlarge Name: Trading Platform Position.png Size: 110 KB
I don't trust any move - when you have profit...take it.
  • #305,140
  • Mar 28, 2012 8:08am Mar 28, 2012 8:08am
Quoting bguguen
funny how i didnt have to say anything today and people are already so negative about the GBP
After 3 months of your view, it is bound to rub off and leave its mark
Come with me if you want to live....
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