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Cable Update (GBPUSD)

  • #308,141
  • Apr 13, 2012 11:29am Apr 13, 2012 11:29am
Quoting Johnny Depp
cut the crap dude.... it still to early to party of this bearish movement.. the party only begin after its break 1.58 and 1.56... untill that well ..I dont know 'bout u.. but for me.. I just take this bearish piece by ... someone remind me not to be that greedy.. well, it was a good advice..... anyway... have a great weekend...
let's just wait and see then.. have a great weekend to you too..
  • #308,142
  • Apr 13, 2012 11:30am Apr 13, 2012 11:30am
Quoting A-speculator
well, i don't know anything about fundies mate.. it's just like you have to relax yourself after 100m sprint, before going another 100m of running..
Yea I know what u mean but I don't know what Ben mean..I dislike that dude..
I trade to live
  • #308,143
  • Apr 13, 2012 11:32am Apr 13, 2012 11:32am
Quoting A-speculator
are you not? well mate, if you trade based on PA, then putting a long after the long bearish candle like that is not a good idea, in fact it is insane to do just that.. well, if price wanna move up, it will consolidate a bit, telling us that accumulation is taking place..

i don't know what you basing your position mate, but certainly by the way it is, it is not using PA..
Check the price like I said climbing up already.Not much time passed correct? like 2min?
So where was the "accumulation?"
In trading, you have to be defensive and aggressive at the same time
  • #308,144
  • Apr 13, 2012 11:34am Apr 13, 2012 11:34am
Quoting Johnny Depp
cut the crap dude.... it still to early to party of this bearish movement.. the party only begin after its break 1.58 and 1.56... untill that well ..I dont know 'bout u.. but for me.. I just take this bearish piece by ... someone remind me not to be that greedy.. well, it was a good advice..... anyway... have a great weekend...
It is courageous to say to others ur position early and u win at the end.

any way u deserve it.

About greedy or not this is the first rule in this business.

hope for all success.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #308,145
  • Apr 13, 2012 11:35am Apr 13, 2012 11:35am
Quoting Davit
Check the price like I said climbing up already.Not much time passed correct? like 2min?
So where was the "accumulation?"
if it's gonna move up, i'm sure we will see 4h accumulation.. just sit down and wait mate..

i'm sure if it's gonna move up, we will see price consolidate above 5850 for some time.. 4h hasn't finished yet..
  • #308,146
  • Apr 13, 2012 11:36am Apr 13, 2012 11:36am
Quoting Fudomyo
DXY follows technicals perfectly.
very nice charts and analysis
  • #308,147
  • Apr 13, 2012 11:39am Apr 13, 2012 11:39am
Quoting A-speculator
if it's gonna move up, i'm sure we will see 4h accumulation.. just sit down and wait mate..

i'm sure if it's gonna move up, we will see price consolidate above 5850 for some time.. 4h hasn't finished yet..
Are we talking about Forex?
4hr? Are you joking? PA can move 100 pips in 30 min or less on any given day!
One thing is certain about Trading "rule of uncertainty is paramount"
In trading, you have to be defensive and aggressive at the same time
  • #308,148
  • Apr 13, 2012 11:40am Apr 13, 2012 11:40am
Quoting Davit
Are we talking about Forex?
4hr? Are you joking? PA can move 100 pips in 30 min or less on any given day!
One thing is certain about Trading "rule of uncertainty is paramount"
oh my.. alright, i give up, u win mate..
  • #308,149
  • Apr 13, 2012 11:42am Apr 13, 2012 11:42am
Quoting Fudomyo
DXY follows technicals perfectly.

Here.

Chart 1

A. Breakout line for yesterday's longs on the EU GU EY.
B. Prior resistance / TP area.

Chart 2

A. Prior Resistance Held as Support

B. 4H Channel LTL / Break out line for continuation of shorts on EU GU EY.

C. Confluence / TP Area

D. Over shoot Target

(posted this trade 13 hours ago)

Chart 3

Current Chart (next continuation target above descending TL is 79.96)
  • #308,150
  • Apr 13, 2012 11:43am Apr 13, 2012 11:43am
Quoting Davit
Check the price like I said climbing up already.Not much time passed correct? like 2min?
So where was the "accumulation?"
Hey Mr.Davit, forgive me for my rudeness, this is not a place to brag your previous statements which indeed correct. Everybody makes mistakes and no one is perfect. If you're correct, so be it. If you're wrong, so be it.

I dislike your posting stating "So where was the accumulation?"

All good
I trade to live
  • #308,151
  • Apr 13, 2012 11:59am Apr 13, 2012 11:59am
Quoting UbuFamily
Hey Mr.Davit, forgive me for my rudeness, this is not a place to brag your previous statements which indeed correct. Everybody makes mistakes and no one is perfect. If you're correct, so be it. If you're wrong, so be it.

I dislike your posting stating "So where was the accumulation?"

All good
Calm down mate......seems like he really wanna see this thing up immediately....maybe fast falling of cable down a bit shock him and now he want to get back what he loss, as far as i know, A spec clearly made good analysis and it is working very well.....
  • #308,152
  • Apr 13, 2012 12:02pm Apr 13, 2012 12:02pm
Quoting A-speculator
oh my.. alright, i give up, u win mate..
, for me you won already mate......
  • #308,153
  • Apr 13, 2012 12:03pm Apr 13, 2012 12:03pm
me as a new trader sees GU going for 1.5959. but i doubt it with my technical ability. whats your opinion?
Attached Image (click to enlarge)
Click to Enlarge Name: gu m30.jpg Size: 162 KB
  • #308,154
  • Apr 13, 2012 12:06pm Apr 13, 2012 12:06pm
Quoting Red Alert
Calm down mate......seems like he really wanna see this thing up immediately....maybe fast falling of cable down a bit shock him and now he want to get back what he loss, as far as i know, A spec clearly made good analysis and it is working very well.....
ucad has gained its ground on closing above 9970.. if ucad managed to sustain above that price and in sync with swissy, we have a lot more room for cable to go down..

relax and wait.. maybe he's a scalper, so every move is important to him, perhaps our timeframe is different.. that is all..
  • #308,155
  • Apr 13, 2012 12:06pm Apr 13, 2012 12:06pm
Quoting bguguen
Friend of mine said Absolutely NO QE3 wow... i mean im not as certain as this guy but what do i know...
As far as i know Ben Bernanke can still come up with a lame reason for QE3 and the market would buy whatever crap's coming out of his mouth...

In case you dont know who this guy is...
http://hk.linkedin.com/in/stevebernstein1

Attachment
Tada! i win...well my friend won.... no mention of QE3... so no shocks today.... have fun shorting...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,156
  • Apr 13, 2012 12:07pm Apr 13, 2012 12:07pm
OMG, she gonna squeeze out again,

All the best for our princess.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #308,157
  • Apr 13, 2012 12:08pm Apr 13, 2012 12:08pm
Quoting bguguen
Tada! i win...well my friend won.... no mention of QE3... so no shocks today.... have fun shorting...
there's no fun when price don't move mate..
  • #308,158
  • Apr 13, 2012 12:08pm Apr 13, 2012 12:08pm
Quoting Red Alert
Calm down mate......seems like he really wanna see this thing up immediately....maybe fast falling of cable down a bit shock him and now he want to get back what he loss, as far as i know, A spec clearly made good analysis and it is working very well.....
No I'm not mad...not fair for a good trader like A-spec...It just that...and Davit is a new guy here..
I trade to live
  • #308,159
  • Apr 13, 2012 12:10pm Apr 13, 2012 12:10pm
Quoting UbuFamily
No I'm not mad...not fair for a good trader like A-spec...It just that...and Davit is a new guy here..
hey, don't say that mate.. i'm just an ordinary guy..

ko nie, buat malu aku je la.. adesss..
  • #308,160
  • Apr 13, 2012 12:13pm Apr 13, 2012 12:13pm
Quoting A-speculator
ucad has gained its ground on closing above 9970.. if ucad managed to sustain above that price and in sync with swissy, we have a lot more room for cable to go down..

relax and wait.. maybe he's a scalper, so every move is important to him, perhaps our timeframe is different.. that is all..
I trade to live
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