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Cable Update (GBPUSD)

  • #309,101
  • Apr 20, 2012 3:49am Apr 20, 2012 3:49am
Quoting pinkiaiii
i dare you to long it now,one or another way its cooming down eventually,its strong but the strenght isnt coming from economical climate,sales are up but look into numbers and whats counted as sales.
according to oanda theres 22% long rest are short.So how do we straighten this number up ?
coming down "eventually", brilliant insight, BRILLIANT!!!
Come with me if you want to live....
  • #309,102
  • Apr 20, 2012 3:50am Apr 20, 2012 3:50am
Quoting pinkiaiii
i dare you to long it now,one or another way its cooming down eventually,its strong but the strenght isnt coming from economical climate,sales are up but look into numbers and whats counted as sales.
according to oanda theres 22% long rest are short.So how do we straighten this number up ?
I have no open positions but looking to short this in major way as soon as it hits 6160
Looking to short G/J in major way as well once the paint starts peeling.
In trading, you have to be defensive and aggressive at the same time
  • #309,103
  • Apr 20, 2012 3:51am Apr 20, 2012 3:51am
Quoting pinkiaiii
i dare you to long it now,one or another way its cooming down eventually,its strong but the strenght isnt coming from economical climate,sales are up but look into numbers and whats counted as sales.
according to oanda theres 22% long rest are short.So how do we straighten this number up ?
Does those percentages measure volume of each trade or number of traders?
Come with me if you want to live....
  • #309,104
  • Apr 20, 2012 3:51am Apr 20, 2012 3:51am
Quoting nAVIN2007
it cant go down man..monthly close is to near
it better otherwise im phoning soros
perhaps i might increase my PO from 5960 to 6060 now, if we get 4h closed like this.. maybe next week i reckon we can get to 6060 again?..
  • #309,105
  • Apr 20, 2012 3:52am Apr 20, 2012 3:52am
there is butterfly at GU. even on daily chart. anyone got words?
  • #309,106
  • Apr 20, 2012 3:52am Apr 20, 2012 3:52am
Quoting A-speculator
that's because only 5% made money in this business.. the others? you know it, don't you..

personally, i won't long until i see valid retracement in the higher TF..


Why dont u just hit him in the nuts, why dont u!

Quoting A-speculator
perhaps i might increase my PO from 5960 to 6060 now, if we get 4h closed like this.. maybe next week i reckon we can get to 6060 again?..

lets see how it closes today..generally new month opening will bring the retrace, if weekly body is full ..might get nothing..its waiting game for u my friend
  • #309,107
  • Apr 20, 2012 3:54am Apr 20, 2012 3:54am
Quoting rufaz
there is butterfly at GU. even on daily chart. anyone got words?
Confirmed,

Good reason to go short.
Firts PRZ area is 1.6126 on H1 TF and on D1 TF there is ABCD Bearish pattern on 1.6126 as well ( red square)


Seb
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  • #309,108
  • Apr 20, 2012 3:56am Apr 20, 2012 3:56am
this doesnt look good.
  • #309,109
  • Apr 20, 2012 3:57am Apr 20, 2012 3:57am
is that what u mean ?

look at the PRZ area. she still give room up to around 624x

better..waiting till clear and clead rejection at higher level first. then trying to be short risk taker for monthly profit taking ...

but ... that's in my side only... will appreciate yours....

just 0.001 cent

***
indi is just an indi ... still need lot to confirm ( imho )

Quoting rufaz
there is butterfly at GU. even on daily chart. anyone got words?
Attached Image (click to enlarge)
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not euphoria follower
  • #309,110
  • Apr 20, 2012 3:58am Apr 20, 2012 3:58am
Quoting A-speculator
that's because only 5% made money in this business.. the others? you know it, don't you..

personally, i won't long until i see valid retracement in the higher TF..
very good,i see u have trading skills,to even out shorts and longs there has to be a retracement,that way it makes some take profit and others enter the market,while creating confusion whchi direction it is going
  • #309,111
  • Apr 20, 2012 4:01am Apr 20, 2012 4:01am
And guys, EURUSD is not happy so far by the good Spanish auction and IFO climate and stuff. Maybe it is only ret. now but I dare to think it is time to short it along with GBP.


Seb
  • #309,112
  • Apr 20, 2012 4:02am Apr 20, 2012 4:02am
Quoting Ill-b-back
Does those percentages measure volume of each trade or number of traders?
i suppose number of traders choosing direction,would be hard to measure volume even for oanda.
  • #309,113
  • Apr 20, 2012 4:02am Apr 20, 2012 4:02am
I have suggestion for you guys.. better you buy a damn good mouse !
because of this mouse, I could not close my position ..
Golden Goose Return This Month: na
  • #309,114
  • Apr 20, 2012 4:03am Apr 20, 2012 4:03am
Just heard on the radio: The main reason such good retail figures posted was panic buying of fuel last month when the tanker drivers were threatening to strike!
Gone to a better place
  • #309,115
  • Apr 20, 2012 4:03am Apr 20, 2012 4:03am
Quoting iqyu5an
is that what u mean ?

look at the PRZ area. she still give room up to around 624x

better..waiting till clear and clead rejection at higher level first. then trying to be short risk taker for monthly profit taking ...

but ... that's in my side only... will appreciate yours....

just 0.001 cent

***
indi is just an indi ... still need lot to confirm ( imho )
  • #309,116
  • Apr 20, 2012 4:04am Apr 20, 2012 4:04am
Quoting nAVIN2007

Why dont u just hit him in the nuts, why dont u!




lets see how it closes today..generally new month opening will bring the retrace, if weekly body is full ..might get nothing..its waiting game for u my friend
yeah, i use to wait like this.. not a problem.. in the meantime, just got my PO triggered for aussie long at 0325 and stop at 0300 just below the 4h hammer.. damn, i hate to trade this slow moving pair.. lol.

anyway, good luck to you bro..

see u later, really got to go..
  • #309,117
  • Apr 20, 2012 4:05am Apr 20, 2012 4:05am
ladies short gbp/aud and collect interest rate while enjoying weekend

Inserted Video
  • #309,118
  • Apr 20, 2012 4:05am Apr 20, 2012 4:05am
Quoting smikester
Just heard on the radio: The main reason such good retail figures posted was panic buying of fuel last month when the tanker drivers were threatening to strike!
YES!!!YES!!!
  • #309,119
  • Apr 20, 2012 4:08am Apr 20, 2012 4:08am
Not only that....
IF Uk were to have any hopes to gain anything form the Olympic games, or to attract any buying from tourists in august...
the Strong pound is gona kill the UK....
Their Olympic project will push the UK economy into much more debt if the GBP is staying this strong till august....
It's going to come down before Queens Jubilee that i can be sure
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,120
  • Apr 20, 2012 4:09am Apr 20, 2012 4:09am
any problem with this situation ?


Quoting bguguen
Not only that....
IF Uk were to have any hopes to gain anything form the Olympic games, or to attract any buying from tourists in august...
the Strong pound is gona kill the UK....
Their Olympic project will push the UK economy into much more debt if the GBP is staying this strong till august....
It's going to come down before Queens Jubilee that i can be sure
not euphoria follower
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