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Cable Update (GBPUSD)

  • #309,141
  • Apr 20, 2012 4:41am Apr 20, 2012 4:41am
87 or 77 to resume up-move till 130-ish, then will look to short for later day profit taking for some 30-40 pips..
69
  • #309,142
  • Apr 20, 2012 4:55am Apr 20, 2012 4:55am
Quoting bguguen
I'm sure it will im just surprised i hasnt happened yet.... seriously waiting for some sort of retracement atm....
Sometimes I'm impressed by your analysis and at others, less so. What about the figures out of the USA this week? Now look at the figures out of the UK. I know what you are going to say - Yes, but.. - well the market sees what it sees. Yes, but - is next week or the week after.
Gone to a better place
  • #309,143
  • Apr 20, 2012 4:56am Apr 20, 2012 4:56am
in my opinion g/u touch 6200 today
More on my Blog...
  • #309,144
  • Apr 20, 2012 4:58am Apr 20, 2012 4:58am
Quoting iqyu5an
we just broke resistance...

there is 2 type person in common business.

1) person with high risk taker.....jump in at certain level in bottom or top that others did not see it.

2) person with low risk taker ...sometimes they jump after resistance/support broken


example : for nokia..as cellular device. who made it first that we call the product initiator........ now when everybody already use hand phone.......china produced it also with similar products. the initiator.....we can call it as the risk taker person. and china is the follower...

how...
I dont care if a person is a high or low risk taker... as long as you can make money out of forex, you are a winner...
i do see your analogy but in china, cell phone brand names who copy other brands dont last for 2 years, while Nokia i believe over 60 years in the cell phone business??
sooo that analogy is kind of not fit for this purpose my dear friend...
i know all too well about Chinese cell phone brands... they come up and they disappear within months... and you call them the Followers.... yea follower of technology but thats just saying as much as a Blind guy lead by a Guide Dog... you can only trust that the dog is faithful....

http://www.cartoonstock.com/newscart...s/jkon477l.jpg
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,145
  • Apr 20, 2012 5:02am Apr 20, 2012 5:02am
Quoting smikester
Sometimes I'm impressed by your analysis and at others, less so. What about the figures out of the USA this week? Now look at the figures out of the UK. I know what you are going to say - Yes, but.. - well the market sees what it sees. Yes, but - is next week or the week after.
Im most interested with the the next US Job seeker report... if we continue to rise anywhere near 400k then i'll start to worry....
reason why im not is because Last year's easter was the same... the first 3 reports after easter holiday came in rising until the 4th, the 4th report started going down

The markets are a mess right now.... pairs arent corresponding to the movements of the US equities and stuff while it does 99% of the time...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,146
  • Apr 20, 2012 5:06am Apr 20, 2012 5:06am
success for you then with your way.

and let other people running with their own way too ....


Quoting bguguen
I dont care if a person is a high or low risk taker... as long as you can make money out of forex, you are a winner...
i do see your analogy but in china, cell phone brand names who copy other brands dont last for 2 years, while Nokia i believe over 60 years in the cell phone business??
sooo that analogy is kind of not fit for this purpose my dear friend...
i know all too well about Chinese cell phone brands... they come up and they disappear within months... and you call them the Followers.... yea follower of technology but thats just saying...
not euphoria follower
  • #309,147
  • Apr 20, 2012 5:20am Apr 20, 2012 5:20am
Quoting nAVIN2007
i wonder if u are looking at some of these comments posted and thinking oh man!! this place is making my head hurt..u just wanna shout at some of these folks

sick puppies
Not working today nAV?
Come with me if you want to live....
  • #309,148
  • Apr 20, 2012 5:21am Apr 20, 2012 5:21am
Quoting Ill-b-back
Not working today nAV?
I have to leave in around 35 minutes..got a blasted headahe
  • #309,149
  • Apr 20, 2012 5:23am Apr 20, 2012 5:23am
Quoting nAVIN2007
I have to leave in around 35 minutes..got a blasted headahe
Take a rest nav you're in the green anyways... i myself am stressing over the fact that GBPNZD is flying....

GBPUSD is the least of my concerns for now....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,150
  • Apr 20, 2012 5:26am Apr 20, 2012 5:26am
Quoting nAVIN2007
I have to leave in around 35 minutes..got a blasted headahe
Too much time out in the dry sun will do that bro, got to get back into the pool soon my man and start swimming with the rest of us eh?...
Come with me if you want to live....
  • #309,151
  • Apr 20, 2012 5:27am Apr 20, 2012 5:27am
Quoting bguguen
Take a rest nav you're in the green anyways... i myself am stressing over the fact that GBPNZD is flying....

GBPUSD is the least of my concerns for now....

remember gbp strength will increase its written in the charts..i havent even looked at the other pairs but i bet long anything with gbp..will make money
  • #309,152
  • Apr 20, 2012 5:29am Apr 20, 2012 5:29am
Quoting Ill-b-back
Too much time out in the dry sun will do that bro, got to get back into the pool soon my man and start swimming with the rest of us eh?...

well hopefully soon i will join u..i have plenty of equity so i could have placed trades but i might do something that would make me nervous so i stayed the hell out!!

hopefully soon i can post intraday trades and try get them all on point
  • #309,153
  • Apr 20, 2012 5:29am Apr 20, 2012 5:29am
Quoting nAVIN2007
remember gbp strength will increase its written in the charts..i havent even looked at the other pairs but i bet long anything with gbp..will make money
yea well charts say its Bullish and i cannot disagree... as much as the fundies are bad for UK to be so strong....
but im hoping GBP takes a breath and retrace some.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,154
  • Apr 20, 2012 5:29am Apr 20, 2012 5:29am
Quoting bguguen
Take a rest nav you're in the green anyways... i myself am stressing over the fact that GBPNZD is flying....

GBPUSD is the least of my concerns for now....
careful my friend if you have any shorts.. i don't see any sign of retracement just yet..

and as a friend, i would like to remind you that technically it is not safe on picking top atm.. at least not yet..

i've been waiting for 2 days to get in on cable but it seems that there's still no valid retracement yet and i can't just enter by reversal on a single candle.

perhaps, it is better to wait and enter long at valid s&r level

stay safe my friend, always..
  • #309,155
  • Apr 20, 2012 5:31am Apr 20, 2012 5:31am
Watch mode...

:-)

anything can happen in the fx market. sometimes you will be surprised that what has been anticipated may not be the actual result.

stay calm .
The market will deceive you. Make your own judgement.
  • #309,156
  • Apr 20, 2012 5:32am Apr 20, 2012 5:32am
Quoting A-speculator
careful my friend if you have any shorts.. i don't see any sign of retracement just yet..

and as a friend, i would like to remind you that technically it is not safe on picking top atm.. at least not yet..

i've been waiting for 2 days to get in on cable but it seems that there's still no valid retracement yet and i can't just enter by reversal on a single candle.

perhaps, it is better to wait and enter long at valid s&r level

stay safe my friend, always..
yea well i've got no choice but to hope for a 200 pip retracement starting from the top.... on GBPNZD not GBPUSD....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,157
  • Apr 20, 2012 5:35am Apr 20, 2012 5:35am
Quoting bguguen
yea well i've got no choice but to hope for a 200 pip retracement starting from the top.... on GBPNZD not GBPUSD....
there's no hope in this business mate, you always know when you're wrong.. don't let a bad trade turns to worse..

i really can't comment on that pair as i don't trade any synthetic pair anymore..

just best wishes to you.. losing large capital of money does not only damage your account, but it also damage you soul..
  • #309,158
  • Apr 20, 2012 5:36am Apr 20, 2012 5:36am
Quoting bguguen
yea well charts say its Bullish and i cannot disagree... as much as the fundies are bad for UK to be so strong....
but im hoping GBP takes a breath and retrace some.....

i didnt want to say anything but u need to be careful im serious..pound move is just starting..im already eyeing up 1.67 as a target i think even 1.65 might be tough to stop it..the index is building so well

USD is right up at resistance and cable is this high up..so if that falls (usd) or gives way..cable can rise quite high ..1.67-1.7
and still hold a bearish stance at these levels
1.73 above is complete bull

remember one thing..and i will only say this once fundamentals is what trading is all about..but technicals are a leading indicator for the fundamentals

and the technicals are not bearish at all..trade safe
  • #309,159
  • Apr 20, 2012 5:40am Apr 20, 2012 5:40am
Quoting nAVIN2007
i didnt want to say anything but u need to be careful im serious..pound move is just starting..im already eyeing up 1.67 as a target i think even 1.65 might be tough to stop it..the index is building so well

USD is right up at resistance and cable is this high up..so if that falls (usd) or gives way..cable can rise quite high ..1.67-1.7
and still hold a bearish stance at these levels
1.73 above is complete bull

remember one thing..and i will only say this once fundamentals is what trading is all about..but technicals are a leading indicator...
Im fine with GBPUSD going to 1.67....
but i need GBPNZD to revisit 1.96....
Im struggling to find a reason why the Kiwi is weak....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,160
  • Apr 20, 2012 5:41am Apr 20, 2012 5:41am
Quoting nAVIN2007
i didnt want to say anything but u need to be careful im serious..pound move is just starting..im already eyeing up 1.67 as a target i think even 1.65 might be tough to stop it..the index is building so well

USD is right up at resistance and cable is this high up..so if that falls (usd) or gives way..cable can rise quite high ..1.67-1.7
and still hold a bearish stance at these levels
1.73 above is complete bull

remember one thing..and i will only say this once fundamentals is what trading is all about..but technicals are a leading indicator for...
hey wait for me man.. are you gonna leave me? i hate you nav..

oh well, maybe my rezeki just on the aussie and fiber.. i have pending on the kiwi and missed by 1 pip.. damn it.. lol..
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