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Cable Update (GBPUSD)

  • #306,141
  • Apr 4, 2012 4:13am Apr 4, 2012 4:13am
Quoting PoundTrader
im killing bulls right now. :nerd:
lets see who kills whom. 1.5850 is heavily protected by bulls.
  • #306,142
  • Apr 4, 2012 4:13am Apr 4, 2012 4:13am
Quoting Nachiket
didn't get you?
SO FULL OF SHIT! sorry mate, i'm getting annoyed by you telling impossible target without backing up with anything..
  • #306,143
  • Apr 4, 2012 4:13am Apr 4, 2012 4:13am
Quoting Nachiket
actually data may or may not play role. sometimes even after good data pair falls. the logic behind that is somebody is already positioned for sell and inspite of the good data he sells.
oic...but that person/lots of people has to have some massive position to make market move that much no..?
  • #306,144
  • Apr 4, 2012 4:14am Apr 4, 2012 4:14am
Quoting Nachiket
yes i thought so but guessed a lower price.
speed is no problem for me, if i even think about going to a website thats site pops up before i start typing in the website, same as trading, this fcker is super fast
  • #306,145
  • Apr 4, 2012 4:14am Apr 4, 2012 4:14am
Quoting PoundTrader
I don't judge no one trading style, i don't use charts and some traders judge me becuase of that but when they see my account they be like damn you makes money like that

Quoting PoundTrader
this pair is about to POP
Quoting PoundTrader
got my new trading computer yesterday, here's the spec:

Intel Core i7-3930K Sandy Bridge-E 3.2GHz (4.4GHz Turbo) Liquid Cooling

32 GB DDR3 Memory

12 Monitors Predator 612

1.0TB SATA2 Hard Disk Drive

DVD-RW / Blue-Ray Reader

Microsoft Windows 7 Ultimate 64-bit

MS Office 2010 Professional

Ok...you sucked me in here this morning....sorry if this comes out as me calling you out - but........

You say you don't use charts to trade

You comment that this pair is going to pop - when it is actually dropping
(how can you comment on price action if you don't trade using charts?)

You are buying a 12 monitor trading desk setup

None of it makes sense -

Bro.....help me out.

Faller.
I don't trust any move - when you have profit...take it.
  • #306,146
  • Apr 4, 2012 4:14am Apr 4, 2012 4:14am
Quoting PoundTrader
trading is so boring, who every said this sh!t was fun needs to be delt with
Its the money that made us happy
I trade to live
  • #306,147
  • Apr 4, 2012 4:15am Apr 4, 2012 4:15am
Quoting _BBKing_
when price was here in the picture below, a lot of people were claiming for 1.54 1.51 1.48 etc...

yes, now better give an eye on lower levels because price could easy go more down, since broken hourly uptrend.

talking in larger view we are near great levels were price could find a sit to go covering those levels not so far here above. everything shown in weekly.

impossible to predict anything, but surely market is not only done by USA QE yes/QE not. and usa economy is not that so much better than others. only politicans say one day a thing,...

I'm not think of 1.54 at all. infact no reason to go to 1.54 now.
  • #306,148
  • Apr 4, 2012 4:15am Apr 4, 2012 4:15am
Quoting _BBKing_
when price was here in the picture below, a lot of people were claiming for 1.54 1.51 1.48 etc...

yes, now better give an eye on lower levels because price could easy go more down, since broken hourly uptrend.

talking in larger view we are near great levels were price could find a sit to go covering those levels not so far here above. everything shown in weekly.

impossible to predict anything, but surely market is not only done by USA QE yes/QE not. and usa economy is not that so much better than others. only politicans say one day a thing, one...
i think we might have a bit of retrace at about current price to give way to fiber going down..
  • #306,149
  • Apr 4, 2012 4:15am Apr 4, 2012 4:15am
Good morning folks...
right from what i see today is that even good news coming out from UK is not enough to withstand the enormous US dollar buying initiated from after yesterday's FOMC...

Trading this week though requires a bit more caution as NFP comes out on friday with a very illiquid market, with Europe, UK and Canada, and china all having bank holidays...
US data together with some Big boys who decide to move market will make some big mess during an illiquid time such as this friday...

Technicals levels are broken downside and fail to recover upside....
heres some pictures to show what happen

GBPUSD: Yesterday i mentioned 1.5905-1.5900 area was a key area to watch, a break of that area opens up possibility towards 5800 as we can see GBPUSD fell further below 5905 in tokyo open today on London Open, we can see it attempting to test upside but failed at the drawn 23.8% fib retracement line AND one of the upwards trendline, the Upwards momentum we saw lastweek as died down.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.gif Size: 16 KB


EURUSD: Yesterday this beast broke key levels 23.8% and 50% on its way down, today we see a H4 candle closing below 50% on it attempt back up during tokyo open, but failed to recover gives EURUSD the further fuel to head downwards targeting 61.8% which is always the trendchange level if 61.8% breaks we shall see further downside to 1.30 on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.gif Size: 17 KB
We live in a finite world with infinite possibilities.
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  • #306,150
  • Apr 4, 2012 4:16am Apr 4, 2012 4:16am
Quoting Nachiket
lets see who kills whom. 1.5850 is heavily protected by bulls.
il be out by then so hold your mud
  • #306,151
  • Apr 4, 2012 4:16am Apr 4, 2012 4:16am
Quoting A-speculator
SO FULL OF SHIT! sorry mate, i'm getting annoyed by you telling impossible target without backing up with anything..

and u think you are full of wisdom. abusing people here. u are full of junk.
  • #306,152
  • Apr 4, 2012 4:17am Apr 4, 2012 4:17am
Quoting PoundTrader
il be out by then so hold your mud

I don't think market will give you a chance to exit.
  • #306,153
  • Apr 4, 2012 4:17am Apr 4, 2012 4:17am
Quoting PoundTrader
got my new trading computer yesterday, here's the spec:

Intel Core i7-3930K Sandy Bridge-E 3.2GHz (4.4GHz Turbo) Liquid Cooling

32 GB DDR3 Memory

12 Monitors Predator 612

1.0TB SATA2 Hard Disk Drive

DVD-RW / Blue-Ray Reader

Microsoft Windows 7 Ultimate 64-bit

MS Office 2010 Professional
very impressive PC u got there....but I think the hard disk not suit with the rest of the spec...should be 3.0TB more or less...the 4.4GHz is superb as well as the ram...cool bro...
I trade to live
  • #306,154
  • Apr 4, 2012 4:17am Apr 4, 2012 4:17am
Quoting Faller
Ok...you sucked me in here this morning....sorry if this comes out as me calling you out - but........

You say you don't use charts to trade

You comment that this pair is going to pop - when it is actually dropping
(how can you comment on price action if you don't trade using charts?)

You are buying a 12 monitor trading desk setup

None of it makes sense -

Bro.....help me out.

Faller.
you think forex is my only business
  • #306,155
  • Apr 4, 2012 4:19am Apr 4, 2012 4:19am
Quoting Nachiket
what the heck is going on here? lets discuss strategies guys. stop targetting each other.

HELLO~

u should check out our previous post....this is not targetting..this is jokes...too serious in trading is like living in hell u know..
I trade to live
  • #306,156
  • Apr 4, 2012 4:20am Apr 4, 2012 4:20am
Quoting UbuFamily
very impressive PC u got there....but I think the hard disk not suit with the rest of the spec...should be 3.0TB more or less...the 4.4GHz is superb as well as the ram...cool bro...
why 3tb, i don't dowload shit.
  • #306,157
  • Apr 4, 2012 4:21am Apr 4, 2012 4:21am
Quoting PoundTrader
calm down little fellow, take a deep breath, now look up
Come on....
I trade to live
  • #306,158
  • Apr 4, 2012 4:22am Apr 4, 2012 4:22am
Quoting PoundTrader
you think forex is my only business

Quoting PoundTrader
got my new trading computer yesterday, here's the spec:

Intel Core i7-3930K Sandy Bridge-E 3.2GHz (4.4GHz Turbo) Liquid Cooling

32 GB DDR3 Memory

12 Monitors Predator 612

1.0TB SATA2 Hard Disk Drive

DVD-RW / Blue-Ray Reader

Microsoft Windows 7 Ultimate 64-bit

MS Office 2010 Professional
when your post says I got my new trading computer yesterday - what else are we to think.....sorry I don't know of many mind readers - you said in your post that it is your new trading computer......again - sorry bro - just trying to understand your comments.

Faller
I don't trust any move - when you have profit...take it.
  • #306,159
  • Apr 4, 2012 4:22am Apr 4, 2012 4:22am
Quoting Nachiket
I don't think market will give you a chance to exit.
i can't exit
  • #306,160
  • Apr 4, 2012 4:23am Apr 4, 2012 4:23am
Quoting UbuFamily
HELLO~

u should check out our previous post....this is not targetting..this is jokes...too serious in trading is like living in hell u know..
yeah we just having a little fun
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