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Cable Update (GBPUSD)

  • #308,041
  • Apr 13, 2012 8:07am Apr 13, 2012 8:07am
Quoting Johnny Depp
cool NAV... U r right... it will go to 1.62... but let it go to 1.56 1st/ trough 1.52.. then we go to 1.62 together...

lol..no way man is it going there..unless this some bitch is going south!!
  • #308,042
  • Apr 13, 2012 8:11am Apr 13, 2012 8:11am
Quoting A-speculator
i have a PO on cable at 5940.. oh just triggered..

let's hope this thing go down..
colourfull chart mate....do you really use all of thing appear on your screen???? i like ichimoku, but still not know about this thing very well....
  • #308,043
  • Apr 13, 2012 8:13am Apr 13, 2012 8:13am
Quoting nAVIN2007
lol..no way man is it going there..unless this some bitch is going south!!
once we got a 4h closed below 5900.. the game is on for near term bearish view mate..

above 5960 will invalidate this view tho..
  • #308,044
  • Apr 13, 2012 8:13am Apr 13, 2012 8:13am
Quoting Ill-b-back
The Big Boys are probably hoping you will BOTH get fed up and close your positions, but I guess they just don't know who THEY are trying to fcuk with
u simply have to be better than them
once u understand PA to a very good level ..u understand what is happening and this strengthens yur resolve

confidence comes from ability with breeds patience and tough nuts
  • #308,045
  • Apr 13, 2012 8:15am Apr 13, 2012 8:15am
Quoting Johnny Depp
cool NAV... U r right... it will go to 1.62... but let it go to 1.56 1st/ trough 1.52.. then we go to 1.62 together...
Dude I LOVE YOUR MOVIES BUT YOUR TRADING IS JUST AS GOOD! Same Targets! Except for the 1.52 I dont see that right now!
  • #308,046
  • Apr 13, 2012 8:15am Apr 13, 2012 8:15am
Quoting Red Alert
colourfull chart mate....do you really use all of thing appear on your screen???? i like ichimoku, but still not know about this thing very well....
lol. it depends.. i don't use all that indicators for my trading decision tho.. i use PA as my entry and exit.. i just use the indicator as a gauge for the market..
  • #308,047
  • Apr 13, 2012 8:15am Apr 13, 2012 8:15am
Quoting Johnny Depp
cool NAV... U r right... it will go to 1.62... but let it go to 1.56 1st/ trough 1.52.. then we go to 1.62 together...
, , nothing i can say..i like it, release my stress on cable....
  • #308,048
  • Apr 13, 2012 8:16am Apr 13, 2012 8:16am
Quoting A-speculator
once we got a 4h closed below 5900.. the game is on for near term bearish view mate..

above 5960 will invalidate this view tho..

bro even if this touches 1.58..it will still go up..only below this level will short have any bias on a longer term aspect..

too me all else is simply noise (which is tradeable)
  • #308,049
  • Apr 13, 2012 8:16am Apr 13, 2012 8:16am
Quoting nAVIN2007
lol..no way man is it going there..unless this some bitch is going south!!
what if Im telling that 'bitch' you calling was aur mothernature / The World....
  • #308,050
  • Apr 13, 2012 8:17am Apr 13, 2012 8:17am
Quoting Allseeingeye
We are going down , If we would have made a new high before the retrace we would have been long but now I am confirmed SHORT! See you all Sunday! Down Targets remain the same as earlier post but here they are 1st Target = 1.5829 2nd Target = 1.5685
Thank you allseeingeye... when are you coming back to UK btw?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,051
  • Apr 13, 2012 8:18am Apr 13, 2012 8:18am
Quoting nAVIN2007
bro even if this touches 1.58..it will still go up..only below this level will short have any bias on a longer term aspect..

too me all else is simply noise (which is tradeable)
well for long term is the breakout of 5600 mate.. what i mean is near term bearish view.. maybe the move only valid until 5800 if we get a closed below 5900..
  • #308,052
  • Apr 13, 2012 8:20am Apr 13, 2012 8:20am
Quoting A-speculator
well for long term is the breakout of 5600 mate.. what i mean is near term bearish view.. maybe the move only valid until 5800 if we get a closed below 5900..

let me ask u ..why u are bearish short term?
show me 3 things that support this view on a chart
  • #308,053
  • Apr 13, 2012 8:22am Apr 13, 2012 8:22am
Break below 1.5925 look to 1.5875 -

Right now price is in shit zone - so like I said....I am off to the great outdoors!

Enjoy the day my fellow traders.....

Faller.
I don't trust any move - when you have profit...take it.
  • #308,054
  • Apr 13, 2012 8:25am Apr 13, 2012 8:25am
Quoting nAVIN2007
let me ask u ..why u are bearish short term?
well, 4h we have confluence of fibo around 5960.. price did manage to get to 5980, but we closed at about the resistance level.. now, today, we got strong rejection on the 5960 area..

once ucad sort itself up, and going up again, this pair will move heavily downwards.. and if price can closed below 5900, it will be the first minor indication of it will move lower..

swissy has move quite strongly to the upside but atm candy and swissy is out of sync.. as long as swissy can trade above the 9140 level, that will bring bearish view to fiber which in turn will bring bearish view to cable as well..

what i want to see atm is how the move in candy and how well will candy and swissy move together..

hope that answers your question. Please do comment on anything that you think is wrong. thanks.
  • #308,055
  • Apr 13, 2012 8:26am Apr 13, 2012 8:26am
Quoting nAVIN2007
let me ask u ..why u are bearish short term?
show me 3 things that support this view on a chart

oh oh oh let me let me.....can!!!!

Inserted Video
I don't trust any move - when you have profit...take it.
  • #308,056
  • Apr 13, 2012 8:26am Apr 13, 2012 8:26am
Quoting nAVIN2007
let me ask u ..why u are bearish short term?
show me 3 things that support this view on a chart
I can show you an easy one! take a 4 hr chart count 5 waves down then you have 3 waves up with a break of wave 1 which signifies a retracement & it should bring us to around 1.56. That can change on a dime with a new high from here before break of 1.5900. but it doesnt look possible if you look at euro you have major stops 80 pips away they are hunting them down plus dollar index up.
  • #308,057
  • Apr 13, 2012 8:29am Apr 13, 2012 8:29am
Quoting Allseeingeye
I can show you an easy one! take a 4 hr chart count 5 waves down then you have 3 waves up with a break of wave 1 which signifies a retracement & it should bring us to around 1.56. That can change on a dime with a new high from here before break of 1.5900. but it doesnt look possible if you look at euro you have major stops 80 pips away they are hunting them down plus dollar index up.
yeah, i forgot to mention about DX.. thank mate. anyway, i think we can see quite a close relation DX and swissy, and i think not all traders here have the access on the DX chart, but they can see swissy tho..
  • #308,058
  • Apr 13, 2012 8:32am Apr 13, 2012 8:32am
Quoting A-speculator
well, 4h we have confluence of fibo around 5960.. price did manage to get to 5980, but we closed at about the resistance level.. now, today, we got strong rejection on the 5960 area..

once ucad sort itself up, and going up again, this pair will move heavily downwards.. and if price can closed below 5900, it will be the first minor indication of it will move lower..

swissy has move quite strongly to the upside but atm candy and swissy is out of sync.. as long as swissy can trade above the 9140 level, that will bring bearish view to fiber which...
OK, nice data from US...seems like good catalist to push this shit down below...
  • #308,059
  • Apr 13, 2012 8:35am Apr 13, 2012 8:35am
Quoting nAVIN2007
u simply have to be better than them
once u understand PA to a very good level ..u understand what is happening and this strengthens yur resolve

confidence comes from ability with breeds patience and tough nuts
Fighting bears for 6 months would give you tough nuts I guess.
Come with me if you want to live....
  • #308,060
  • Apr 13, 2012 8:36am Apr 13, 2012 8:36am
Quoting Ill-b-back
Fighting bears for 6 months would give you tough nuts I guess.
Then what does me fighting bulls for 6 months give me?
actually fighting bears for 6 months doesnt give him tough nuts... its been easy for it....
We live in a finite world with infinite possibilities.
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