Cable Update (GBPUSD)

Quoting TauTrader

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Good day to you,

I swear - one day - I will grasp your analysis...

It's my life's mission...

Just kidding. Thank you for always posting a very detailed set of numbers. I do not believe all of our fellow traders see the value that you bring to the thread.

I imagine that it takes a lot of your precious time. So - thank you BBMac.

I, for one, appreciate your efforts.

Thanks again!

Regards

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Quoting bbmac

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I read a lot these tales of so-called market manipulation. I can tell you it's nonsense. Yes there are HFT's, automated HFT's. algorithm's, big players etc but in a worldwide interbak market it would be virtually impossible to ' manipulate ' price. Providing liquidity and placing big orders is not maniulation. Price is a function of supply and demand howsoever derived - that's it ! There is nothing else. It is very possible to gain a technically derived edge in this market, and specifically as this is the cable thread on gbpusd cash instrument....

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Quoting bbmac

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Thank you for your kind words, it is a pleasure. Yes you will crack the code - Lol ! Continued success to you.

G/L

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Quoting Fudomyo

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have you ever read "Dr. Bloodmoney"?

bbmac is the guy in the satellite who will be transmitting charts on his own special frequency long after this thread is laid to waste.

he held this place together completely on his own after the 2010 implosion that wiped out most of the traders here.

I don't understand them either btw, but I like them.

....just kidding too.

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Quoting bbmac

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I read a lot these tales of so-called market manipulation. I can tell you it's nonsense. Yes there are HFT's, automated HFT's. algorithm's, big players etc but in a worldwide interbak market it would be virtually impossible to ' manipulate ' price. Providing liquidity and placing big orders is not maniulation. Price is a function of supply and demand howsoever derived - that's it ! There is nothing else. It is very possible to gain a technically derived edge in this market, and specifically as this is the cable thread on gbpusd cash instrument....

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Quoting TauTrader

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Thank you for the attempt.

Look at the below screenshots. A few pairs indicated a "thrust" during "closed" market to return and open for us retail traders as if nothing happened. Only to be driven to those levels with intent - no matter what.

Who will be doing this?

What is really going on?

Regards

TT

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Quoting bbmac

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I read a lot these tales of so-called market manipulation. I can tell you it's nonsense. Yes there are HFT's, automated HFT's. algorithm's, big players etc but in a worldwide interbak market it would be virtually impossible to ' manipulate ' price. Providing liquidity and placing big orders is not maniulation. Price is a function of supply and demand howsoever derived - that's it ! There is nothing else. It is very possible to gain a technically derived edge in this market, and specifically as this is the cable thread on gbpusd cash instrument....

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Quoting A-speculator

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wah, byk dapat pip ari nie bro.. lol..

apa macam?

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Quoting TauTrader

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Hehe - no, I do not know the book. But I like them too If only for the record.

Keep safe

All respect

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Quoting UbuFamily

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lol aku tertidur bro!! haha

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Quoting Fudomyo

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you saw this clip, right? go to 9:30

http://www.zerohedge.com/news/there-...ops+to+zero%29

someone finally admitted it.

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Quoting A-speculator

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you have been very humble in replying as well as in confronting your ideas...

i like u mate.. hope you will be here forever..

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Quoting TauTrader

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good day to you,

Let us build a thread where all feel welcome to attempt analysis, charts, chat, banter and serious discussion.

Surely - we must come out the other side as better individuals.

We are often on opposing sides - but I respect you equally.

I hope you are long....

Regards to you

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Quoting A-speculator

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aku dah agak dah..

i have the same situation also.. fell asleep while waiting for the move.. lol.

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Quoting UbuFamily

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what's wrong with cable bro? lambat betul bertindak? u see ucad, aktif giler bro...kantoi betul usd dibuatnya...

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Quoting A-speculator

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no, i'm not long, at least not yet.. still holding my short at 5960 area..

why are you favoring long? i see it has not been confirmed yet in 4h, if i may ask..

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Quoting A-speculator

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that's because news from cad region.. i'm not trading that pair atm.. just have short on fiber and cable and long on swissy..

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Quoting TauTrader

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good day to you,

Was just kidding. Not favouring long. I was saying that we are often on opposing sides . I'm short. ( my trade position )

Regards

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Quoting Fudomyo

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The beauty of this clip is so simple. if you put Jamie Dimon in a room with a smart player, he plays chess. But when you put a guy up against a big banker who simply doesn't get it, the banker loses his cool. The banker got cocky and went for the slap down, and revealed his hand.

Classic.

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Quoting Fudomyo

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Yes, but....

this is not an organic market at the moment, not in the sense of pure supply and demand driving price. It's smaller market cycles dependent on larger interventions which are driving market direction.

The QE on/off trade is the MM, and has been since Operation Twist went into effect. The SNB peg screwed up the metrics somewhat by removing the European hedge from the equation, BOJ "watching the market carefully" while they plow the yen down late NY session on the sly, and ECB bond buying on a tick formula which makes normal chart...

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