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Cable Update (GBPUSD)

  • #305,201
  • Mar 28, 2012 6:45pm Mar 28, 2012 6:45pm
Quoting Faller
which blue line? there are 4 of them.
the circled one bro
I trade to live
  • #305,202
  • Mar 28, 2012 7:36pm Mar 28, 2012 7:36pm
Quoting UbuFamily
the circled one bro

sorry.....me not so smart sometimes.

going to bed.....see you for London.

Faller.
I don't trust any move - when you have profit...take it.
  • #305,203
  • Mar 28, 2012 8:12pm Mar 28, 2012 8:12pm
Quoting redbeben
well if you read my previous posts for the past 2 days you will see that I explained my long term view over there

but I will post a chart now just to see exactly where I look at

so we have the rejection @ 1.3502 and a flat kumo and flat blue line attracting the price.

price went very close to that level(it is a 50% on fibo as well) but was tanked by the recession and all the bad news so we did not have the chance to touch that level.
in this view I still wait to test that one which is 1.7333(Navin knows it already ) but for that we...
It took many years to get to the levels you are claiming will take days. Your analysis is way off based on fundamental reasons alone.

Another guy in this thread has had a position since October...Navin I think. All of his proclamations are centered around being a perma bull as that is what he needs to exit his half a year position.

Taking a position and then looking for reasons to justify your position will not have a lucrative outcome.

All amusing stuff to read though.
  • #305,204
  • Mar 28, 2012 11:32pm Mar 28, 2012 11:32pm
bump
  • #305,205
  • Mar 28, 2012 11:32pm Mar 28, 2012 11:32pm
added 2 new long position at around 60 monthly fibo after soft rejection ( +/- 150 pips in 3 days ) at monthly high .

pullback or what next ....never know

1 cent
Quoting iqyu5an
trying to break monthly high...
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not euphoria follower
  • #305,206
  • Mar 28, 2012 11:41pm Mar 28, 2012 11:41pm
Quoting iqyu5an
added 2 new long position at around 60 monthly fibo after soft rejection ( +/- 150 pips in 3 days ) at monthly high .

pullback or what next ....never know

1 cent
i think you're right regarding the upwards trendline, just be extra careful as i think market will stall at about current level @ ~5925 area.. which is the previous high..
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  • #305,207
  • Edited Mar 29, 2012 12:10am Mar 28, 2012 11:44pm | Edited Mar 29, 2012 12:10am
Quoting Fawlty
It took many years to get to the levels you are claiming will take days. Your analysis is way off based on fundamental reasons alone.

Another guy in this thread has had a position since October...Navin I think. All of his proclamations are centered around being a perma bull as that is what he needs to exit his half a year position.

Taking a position and then looking for reasons to justify your position will not have a lucrative outcome.

All amusing stuff to read though.
Amusing but sad really. This is the second time redbeben has taken over this thread with his nonsensical ramblings and I notice that he has already started to get newbie followers. He talks with authority and uses double spaces so that his posts take up as much of the thread as possible. Not only that, but posts irrelevant charts with primary school scribblings. Again, all nonsense.

This thread often slips into a school playground state of mind and sometimes it's fun but serious traders won't post here if it continues.
Gone to a better place
  • #305,208
  • Mar 28, 2012 11:44pm Mar 28, 2012 11:44pm
yea dude ... daily candle is so bearish too

daily open 2 and 3 days ago is so tight also at 594x-596x

fasten the seat belt always ...

Quoting A-speculator
i think you're right regarding the upwards trendline, just be extra careful as i think market will stall at about current level @ ~5925 area.. which is the previous high..
not euphoria follower
  • #305,209
  • Mar 29, 2012 12:05am Mar 29, 2012 12:05am
try to short
SL 5966
TP:open
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  • #305,210
  • Mar 29, 2012 12:15am Mar 29, 2012 12:15am
Quoting Fawlty
It took many years to get to the levels you are claiming will take days. Your analysis is way off based on fundamental reasons alone.

Another guy in this thread has had a position since October...Navin I think. All of his proclamations are centered around being a perma bull as that is what he needs to exit his half a year position.

Taking a position and then looking for reasons to justify your position will not have a lucrative outcome.

All amusing stuff to read though.
redbeben is talking in long term in that post about that level.
90% of traders use TA, indicators and prediction
  • #305,211
  • Mar 29, 2012 12:17am Mar 29, 2012 12:17am
Quoting smikester
Amusing but sad really. This is the second time redbeben has taken over this thread with his nonsensical ramblings and I notice that he has already started to get newbie followers. He talks with authority and uses double spaces so that his posts take up as much of the thread as possible. Not only that, but posts irrelevant charts with primary school scribblings. Again, all nonsense.

This thread often slips into a school playground state of mind and sometimes it's fun but serious traders won't post here if it continues.
hello,
ok... but redbeben is posting good stuff IMo....
edit: and far far better than so many other thousands things sometimes appears here...
90% of traders use TA, indicators and prediction
  • #305,212
  • Mar 29, 2012 12:22am Mar 29, 2012 12:22am
going south or north

I have plan for short position but not yet get good entry
" Pips by pips to my pocket "
  • #305,213
  • Edited 12:55am Mar 29, 2012 12:24am | Edited 12:55am
Quoting Fawlty
It took many years to get to the levels you are claiming will take days. Your analysis is way off based on fundamental reasons alone.

Another guy in this thread has had a position since October...Navin I think. All of his proclamations are centered around being a perma bull as that is what he needs to exit his half a year position.

Taking a position and then looking for reasons to justify your position will not have a lucrative outcome.

All amusing stuff to read though.

How did u come to this conclusion it amazing me how negative people can actually be..is there a right way to trade? u do whatever u can to make money ..i pass no judgement on u..why??

because i dont care to be frank

maybe im a bull because i look at the chart and see bull, maybe i can trade and u cant..why dont u think about that!!
U come in here talking about fundamentalist reasoning, even economists, lets take 100 cannot agree on the same outlook..its the most widely talked subject amongst them..because there such diversity..

yet u come in here all KNOWING and at the same time try and discredit a fellow trader, doing the very thing yourself.
  • #305,214
  • Mar 29, 2012 12:28am Mar 29, 2012 12:28am
Quoting redbeben
Hi there thanks for the advice
I always used what I am using now and always been on profit.

Only diff now is that I use as well some fundies for the entries and some levels of buy sell and SL provided by some banks.

till last year I had more than 1100 consecutive winning trades using what I use so no need to change anything so far.only thing that I changed now is the MM as I use heavier lots and cannot afford to stay trapped for long periods of time.

PA never used as I have no idea how to use it

I just look at the charts and if they...

If this guy can post 1100 consecutive winning trades I'll eat my hats. All of them.
Gone to a better place
  • #305,215
  • Mar 29, 2012 12:30am Mar 29, 2012 12:30am
oh my, are we going to 56-5650 area AGAIN??
Come with me if you want to live....
  • #305,216
  • Mar 29, 2012 12:34am Mar 29, 2012 12:34am
Quoting smikester
If this guy can post 1100 consecutive winning trades I'll eat my hats. All of them.
heheheh
how many hats do you have? hihiih (joking!)

anyway everyone once or the other can post his/her daily/weekly bullshit!!
what i'm saying is that i know redbeben for his trades, and sincerely, if i'm short somewhere and in the same place he's long, times come for me to give another look at charts.....
90% of traders use TA, indicators and prediction
  • #305,217
  • Mar 29, 2012 12:36am Mar 29, 2012 12:36am
Quoting Ill-b-back
oh my, are we going to 56-5650 area AGAIN??
That would be great news for the short position I hold at present . Unfortunately, my crystal ball looks very cloudy so who knows? However, on balance (based on some bad economic data) it should go down a little.

All the best
  • #305,218
  • Mar 29, 2012 12:37am Mar 29, 2012 12:37am
Quoting Ill-b-back
oh my, are we going to 56-5650 area AGAIN??
mmmmmmmmmmmmmmmmm
let this daily candle close. something still cooking in price, and AU is looking for a bottom. the double bottom.
not confirmed yet, but very possible
90% of traders use TA, indicators and prediction
  • #305,219
  • Mar 29, 2012 12:47am Mar 29, 2012 12:47am
Quoting _BBKing_
mmmmmmmmmmmmmmmmm
let this daily candle close. something still cooking in price, and AU is looking for a bottom. the double bottom.
not confirmed yet, but very possible
mate, i think you are being biased on that analysis mate.. regarding the aussie, if you look at 4h, we have lower high.. the bottom is not yet completed.. taking the high as the basis of analysis, i think we might see lower low basing by the higher TF.

It's dangerous if you are biased towards 1 direction, and put value to the price.. what i mean is in a bearish market, how low is too low? sorry mate if i offended you in any way, just expressing my thoughts..
  • #305,220
  • Mar 29, 2012 12:52am Mar 29, 2012 12:52am
Bit of scalping going on.

+2.58% equity I'm done for the day.

Enjoy your trading!

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