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Cable Update (GBPUSD)

  • #307,261
  • Apr 10, 2012 10:28pm Apr 10, 2012 10:28pm
Quoting _BBKing_
and instead of taking time to post shit cartoons, and take time to post comments on other's trades, or having handjobs posting your profits

YOU ALL

ask your self if this is a bullish overall action or if it is a bearish action.

because if it is bullish and you are short, start asking your self if where and when get out.
if it is bearish, ask your self where get a damn entry.

for what i see, i have no reasons to think that price will be soon below the blue rectangle.
maybe once the blue rectangle will be broken out, shorts will be in...
just scrolling thru yesterday's posts and I came across this chart drawn by BB Kings cat. I haven't stopped laughing for the last 5 mins. Strangely he posted it the same time as I posted my chart showing the same level of potential support. OMG, I'm starting to think like a cat, watch out, watch out, their are feline TL's about.
Come with me if you want to live....
  • #307,262
  • Apr 10, 2012 11:38pm Apr 10, 2012 11:38pm
Quoting Ill-b-back
Considering "current" PA, I am curious about the 5770 area before looking below for reaction points.
It has created reactions before. 11.24pm here, I'm off to bed.
Night all
Looking at the top chart, I see we have stopped short of the 61.8 retrace, yes we are reacting to the 50 but it's not very clean with a closed candle beneath it. I am wary of price going up and sucking in longs who may hold too long, then coming down to the 61.8 retrace which coincides with support and monthly pivot and a double bottom of sorts sucking in some shorts on the way, then heading north again and screwing everybody. My thoughts.
Come with me if you want to live....
  • #307,263
  • Apr 11, 2012 12:55am Apr 11, 2012 12:55am
bull in charge all the way to 6000 now
  • #307,264
  • Apr 11, 2012 1:21am Apr 11, 2012 1:21am
Good morning there, after a good night sleep... got some time to clear my head and i've got some dire news to people whos longing...

Equities took a beating yesterday and pairs liek EURUSD, GBPUSD, AUDUSD, bounced up for no reason, leads to me thinking perhaps companies are now retracing their steps away form overseas investment back to their own currencies, as if they are planning for something seriously big to hit the markets, and something bad, and bad new for the world markets mean risk-aversion...

now i cant prove it but when this happens, i know people will be shouting what is happening....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,265
  • Apr 11, 2012 2:01am Apr 11, 2012 2:01am
im short at 1.5927, s/l 1.5987, t/p 1.5824
  • #307,266
  • Apr 11, 2012 2:06am Apr 11, 2012 2:06am
Quoting PoundTrader
im short at 1.5927, s/l 1.5987, t/p 1.5824
I dont know what to expect anymore... i just cant wait till the big boys are done with their offshore asset liquidation, so that real demand would flood into USD and YEN on risk aversion flows....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,267
  • Apr 11, 2012 2:09am Apr 11, 2012 2:09am
Quoting bguguen
I dont know what to expect anymore... i just cant wait till the big boys are done with their offshore asset liquidation, so that real demand would flood into USD and YEN on risk aversion flows....
your like me lost lol, my system gave a signal but is was a toss up 50/50 so i took it with small 100k lot.
  • #307,268
  • Apr 11, 2012 2:17am Apr 11, 2012 2:17am
Hi guys,
I am posting first time here.
Here is the chart of the short trades I have taken today.
1. sell at 1.5902 - trend line, 38,2 fib privious SR
2. sell at 1.5918- just below W pivot, D R1 pivot level,privious SR

TP 1.5870 - for both is just befor todays pivot level and 23,6 fib
SL 1.5945 - 15 pip above last swing high

Please coment.

Thanks and BR.

sasa
Attached Image (click to enlarge)
Click to Enlarge Name: gu sell trade 11.04.2012..gif Size: 23 KB
  • #307,269
  • Apr 11, 2012 2:19am Apr 11, 2012 2:19am
Quoting PoundTrader
your like me lost lol, my system gave a signal but is was a toss up 50/50 so i took it with small 100k lot.
Me not lost, me not lost, it crystal clear I say.
I learn a thing or 2 about manual analysis these last few days.
PT use 100K lots with no chart, he (permanently) insane I tells ya!!!

Anyway, me not trust manual analysis right now, PA is totally screwed and the GU seems to be chasing its own tail.

Can the GU draw TL's like a cat I ask???

NO!!!!!!
Wine anyone??
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade50gif.gif Size: 16 KB
Come with me if you want to live....
  • #307,270
  • Apr 11, 2012 2:22am Apr 11, 2012 2:22am
Quoting PoundTrader
im short at 1.5927, s/l 1.5987, t/p 1.5824
It's odd that one of my hedged buys from the other week is exactly at your sell price PT.
Come with me if you want to live....
  • #307,271
  • Apr 11, 2012 2:29am Apr 11, 2012 2:29am
GBP/USD, what the ........
I am just expecting 5950
  • #307,272
  • Apr 11, 2012 2:35am Apr 11, 2012 2:35am
Quoting sasavisnic67
Hi guys,
I am posting first time here.
Here is the chart of the short trades I have taken today.
1. sell at 1.5902 - trend line, 38,2 fib privious SR
2. sell at 1.5918- just below W pivot, D R1 pivot level,privious SR

TP 1.5870 - for both is just befor todays pivot level and 23,6 fib
SL 1.5945 - 15 pip above last swing high

Please coment.

Thanks and BR.

sasa
To be honest, considering PA below, ordinarily i would have thought buys would be the order of the day, but this pair has been strange with its PA lately, very strange, so all bets are off as far as I am concerned.
It's just wrong.
Come with me if you want to live....
  • #307,273
  • Apr 11, 2012 2:36am Apr 11, 2012 2:36am
Quoting Ill-b-back
It's odd that one of my hedged buys from the other week is exactly at your sell price PT.
this fucker is ranging betweem 1.5920's and 1.5810. i got in on long at 1.5856 took profit at 1.5924. now im short 1,5927, t/p 1,5824
  • #307,274
  • Apr 11, 2012 2:39am Apr 11, 2012 2:39am
Quoting Ill-b-back
To be honest, considering PA below, ordinarily i would have thought buys would be the order of the day, but this pair has been strange with its PA lately, very strange, so all bets are off as far as I am concerned.
It's just wrong.
and you think PA is the only thing thats strange??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,275
  • Apr 11, 2012 2:41am Apr 11, 2012 2:41am
Quoting PoundTrader
this fucker is ranging betweem 1.5920's and 1.5810. i got in on long at 1.5856 took profit at 1.5924. now im short 1,5927, t/p 1,5824
Like I said before, 8 years training for the ping pong Olympics. At 100,000 lots ($1million/pip) why are you here man? Go get drunk and arrested bro What do you mean by 100kLOTS, is that 1 lot?
Come with me if you want to live....
  • #307,276
  • Apr 11, 2012 2:42am Apr 11, 2012 2:42am
Quoting bguguen
and you think PA is the only thing thats strange??
You or me bro??
Come with me if you want to live....
  • #307,277
  • Apr 11, 2012 2:44am Apr 11, 2012 2:44am
Quoting Ill-b-back
Like I said before, 8 years training for the ping pong Olympics. At 100,000 lots ($1million/pip) why are you here man? Go get drunk and arrested bro What do you mean by 100kLOTS, is that 1 lot?
Lol trade size 100,000 is 1 standard lot... not 100,000 lot...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,278
  • Apr 11, 2012 2:45am Apr 11, 2012 2:45am
Quoting PoundTrader
this fucker is ranging betweem 1.5920's and 1.5810. i got in on long at 1.5856 took profit at 1.5924. now im short 1,5927, t/p 1,5824
I actually am going short to test out that TL just to see, tight SL and small 1000,000 lots.
Come with me if you want to live....
  • #307,279
  • Apr 11, 2012 2:46am Apr 11, 2012 2:46am
Quoting Ill-b-back
You or me bro??
You and me both??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,280
  • Apr 11, 2012 2:47am Apr 11, 2012 2:47am
Quoting bguguen
Lol trade size 100,000 is 1 standard lot... not 100,000 lot...
Oh ok, that must be how I blew my first 2 accounts.
Thanks.
Come with me if you want to live....
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