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Cable Update (GBPUSD)

  • #309,801
  • Apr 25, 2012 8:03pm Apr 25, 2012 8:03pm
Quoting bguguen
I never said Forex is a Scam, all im saying is FOREX is a BIG BOY's Game full of manipulations, doesnt mean you cant make money dude... just know what the BIG BOY's are doing and realize the tricks they are playing and you will make money....
And well ive been trading forex for 3 years now, and im still around... sooo yea.... obviously my whole "Trading the Fundies" is working otherwise i'd disappear a long long time ago...
OK.......in one side, it is hard to believe how many countries, bank, and other parties involved sistematically as what bguguen named manipulation, trick and conspiracy. But in the other side seeing how the "market" reacting to the some issues going in the some different ways than it should be (let say if you say one country in recession it is not possible the exchange rate will climbing so high).....indicates that market can be moved by big power bguguen named big boys....

Ok if everything is just the matter of the total money involved, then retail trader maybe majority as quantity but not as volume. That's why retail trader just like a rabbit compared with the bank and other giant institution as a tiger.

So just be smart rabbit......but i agree, it is full of manipulation, trick and canibal. Just think the following fact (20% winner (BEP and profit) and remaining is losser. Do you believe all 80% just stupid trader?...should be something behind this...all thi thing just shown by weird movement lately....

Bguguen very logic but BBking also realistic...both of them are reasonable...
Good luck guys...
  • #309,802
  • Apr 25, 2012 8:05pm Apr 25, 2012 8:05pm
Quoting iqyu5an
news ... manipulation ....fake move ...false signal ... TP hit ... SL hit floating ... etc etc etc and etc ....

better have a cup of cofee ...

morning everyone .....
just as you wake up, off to sleep i go, see you at london open...
tomorrow's gona be crucial..... for the US economy to look bad tomorrow is the chance with US Unemployment Claims,
but im expecting a drop in US unemployment claims as it did in last year's 5-weeks-post-easter-period and this will bring USD strength back into perspective...
The 4th week was the week when unemployment claims dropped last year's easter, and we are having our 4th week after this easter, unemployment claims report tomorrow...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,803
  • Apr 25, 2012 8:07pm Apr 25, 2012 8:07pm
take some rest mate.... sleeping beauty


Quoting bguguen
just as you wake up, off to sleep i go, see you at london open...
tomorrow's gona be crucial..... for the US economy to look bad tomorrow is the chance with US Unemployment Claims,
but im expecting a drop in US unemployment claims and this will bring USD strength back into perspective...
not euphoria follower
  • #309,804
  • Apr 25, 2012 8:18pm Apr 25, 2012 8:18pm
Quoting PoundTrader
well navin im long with you at 1.6135 with a t/p at 1.6292http://www.pic4ever.com/images/acigar.gif
hey nav your not alone, but if this fucker drop to around 1.6090 il be getting a littlehttp://www.pic4ever.com/images/2cf37ep.gif
  • #309,805
  • Apr 25, 2012 8:19pm Apr 25, 2012 8:19pm
finish my coffee ... now back to check and re check my screen

before :

http://www.forexfactory.com/attachme...1&d=1334890605

detail link : here
where are we now ??? but ... no significant rejection i see at this level ( at least .............. till now when i was writing this ). let see how the PA reacts then.

aniway prev weekly candle showed ( at least for me ) , the PA already broke top of q1 2012 with very strong momentum ( at least for me )


0.00001 cent
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not euphoria follower
  • #309,806
  • Apr 25, 2012 8:20pm Apr 25, 2012 8:20pm
Quoting bguguen
no no, do bring up this topic, because its interesting but i can tell you US are not losing their reserve status in the next 10+ years...
It is hard because the guys I have been following for the last 3-4 years consider all the technical info then break everything down into simple easy to understand parts for their readers, they don't express the highly technical stuff in great detail because they want us to understand things better. About 30 percent of the time they delve into technical details and I sometimes get lost a bit but communicating their general picture and likely outcomes are their main purpose. Like the guy in my last posted video, very simple broken down message that mums and dads can understand. Yet he is an expert in his field with a global financing business displaying his track record and publicly putting his nuts on the line forecasting catastrophe in the USA due to debt probs and global signs of less faith in USD. So continuing discussion here with you where things can get technical, I feel out of depth. I am limited to what I understand but trust other professionals who have shown time and time again they know what they are talking about.
Come with me if you want to live....
  • #309,807
  • Apr 25, 2012 8:22pm Apr 25, 2012 8:22pm
Quoting nAVIN2007

Ill-b-back :- the guy is messing with the guys wife..if u didnt get it
  • #309,808
  • Apr 25, 2012 8:23pm Apr 25, 2012 8:23pm
Quoting Ill-b-back
It is hard because the guys I have been following for the last 3-4 years consider all the technical info then break everything down into simple easy to understand parts for their readers, they don't express the highly technical stuff in great detail because they want us to understand things better. About 30 percent of the time they delve into technical details and I sometimes get lost a bit but communicating their general picture and likely outcomes are their main purpose. Like the guy in my last posted video, very simple broken down message that...
hmmm perhaps you should read this... the UK economic recovery(more or less no recovery at all) compared to US and Germany... i mean dude Even germany is outperforming agains the brits...
i just dont see the hype of proping up the pound when stuff are looking really doom and gloomy here in uk...
Besides, perhaps its better for you to not be so biased into supporting guys who SEEM to know what they are talking about, instead open up your mind to accept other point of views, and take everything in with a pinch of salt, including your trust worthy friend who seem to know what he talks about...
BTW tech trading is much easier then fundies, i really dont need to explain it as i did way too many times.... its like.. asking a kid you learn maths of which repetition makes perfect, while fundies is like asking a kid to use his intuition, but then again intuition cannot be created, you either have it or you dont, if you do have it, carefully nurturing this skill would make you a good poker trader and a master of minds, thats why REALLY professional fundies traders can see past the Big Boy's Trick and make a living out of it....

http://www.guardian.co.uk/business/2...?newsfeed=true
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,809
  • Apr 25, 2012 8:28pm Apr 25, 2012 8:28pm
PT, taken it as a given mate, I have never been offended by anything you say, and I doubt I ever will sweet dreams
Come with me if you want to live....
  • #309,810
  • Apr 25, 2012 8:30pm Apr 25, 2012 8:30pm
Quoting Ill-b-back
PT, taken it as a given mate, I have never been offended by anything you say, and I doubt I ever will sweet dreams
come smoke with me my friend http://www.pic4ever.com/images/Ghelyon.gif
  • #309,811
  • Apr 25, 2012 8:34pm Apr 25, 2012 8:34pm
Quoting bguguen
hmmm perhaps you should read this... the UK economic recovery(more or less no recovery at all) compared to US and Germany... i mean dude Even germany is outperforming agains the brits...
i just dont see the hype of proping up the pound when stuff are looking really doom and gloomy here in uk...
Besides, perhaps its better for you to not be so biased into supporting guys who SEEM to know what they are talking about, instead open up your mind to accept other point of views, and take everything in with a pinch of salt, including your trust worthy...
If you read my post again you will notice I agreed tech trading is easy Bguguen, I said when trading my hard earned money I am not a proud man, I prefer easier, (why make it hard??). It allows me to control my risk and use larger lot sizes. It is also accurate (if I wait patiently). I don't feel the need to make it hard, I see forex as a business, so I think "why make it hard" when I can make money with easier method?
Come with me if you want to live....
  • #309,812
  • Apr 25, 2012 8:36pm Apr 25, 2012 8:36pm
Quoting bguguen
hmmm perhaps you should read this... the UK economic recovery(more or less no recovery at all) compared to US and Germany... i mean dude Even germany is outperforming agains the brits...
i just dont see the hype of proping up the pound when stuff are looking really doom and gloomy here in uk...
Besides, perhaps its better for you to not be so biased into supporting guys who SEEM to know what they are talking about, instead open up your mind to accept other point of views, and take everything in with a pinch of salt, including your trust worthy...
Oh, I've also said I don't follow public media, how about opening your own mind and consider alternatives yourself??
Come with me if you want to live....
  • #309,813
  • Apr 25, 2012 8:40pm Apr 25, 2012 8:40pm
Quoting PoundTrader
come smoke with me my friend http://www.pic4ever.com/images/Ghelyon.gif

I have to go as I am down to 20 percent battery already and have a phone interview later. Chat soon bro.
Come with me if you want to live....
  • #309,814
  • Apr 25, 2012 8:54pm Apr 25, 2012 8:54pm
Quoting Ill-b-back

I have to go as I am down to 20 percent battery already and have a phone interview later. Chat soon bro.
new job?
  • #309,815
  • Apr 25, 2012 9:04pm Apr 25, 2012 9:04pm
Quoting goldenmember
I don't think people think that far ahead. They just want to make the most money as quick as possible, and that means overcharging the influx of tourists and increased activity during the Olympics. If you were a money changer, and you knew that lots of people were to come over to London this summer, you would be charging lots for your sterling, no matter what.


nice thoughts
I trade to live
  • #309,816
  • Apr 25, 2012 10:37pm Apr 25, 2012 10:37pm
Good day to you all,

I want to do the right thing and extend a sincere apology to the thread for my behaviour on here yesterday.

Not only unprofessional, but silly too.

There was no need to carry on the way I did. I have a twin brother inside me that only comes out to play under certain conditions....

So - back to my corner. Twin brother banned.

So sorry.

Trade well and all success to you

Regards
  • #309,817
  • Apr 25, 2012 11:09pm Apr 25, 2012 11:09pm
Quoting TauTrader
Good day to you all,

I want to do the right thing and extend a sincere apology to the thread for my behaviour on here yesterday.

Not only unprofessional, but silly too.

There was no need to carry on the way I did. I have a twin brother inside me that only comes out to play under certain conditions....

So - back to my corner. Twin brother banned.

So sorry.

Trade well and all success to you

Regards
God Day to you

No worried...as your Inner beauty always show in this thread,


am Long Target 1.633


Cheers
If there was easy money lying around,no one would be forcing it into your
  • #309,818
  • Apr 25, 2012 11:11pm Apr 25, 2012 11:11pm
my 2pence worth.
Everyone whos going to olympics is going, goesnt matter now if GBP +10%.
Uk going to have biggest tourist revenue single year in last 20 yrs probably - (last huge international draw Prince charles wedding, then son's)
So say it generates extra 150billion in revenue - (didnt check $)if GBP is higher the extra money generated by this event, is worth "pushing/propping it up after all "thats gonna buy a lot of bread".
Re all banks working together.
Foreign exchange / credit cards
say 50,000 italians go to olympics - they go to their local italian banks and change euro to GBP, local bank gets comission ( if that national bank had bough reserves of GBP already in expectation -- it will also make a fdouble profit on side - if GBP is now higher ) , and through their italian bank credit cards, they will be cleaning up. So definately each countries banking system buy GBP in advance in bulk for max exchange rate profit - on calc for eg olympics.
2ND REASON .. bit more conspiracy .. like chatting on here.
Head of US Fed said he would devalue the USD, if needed, with recession.
US people more than in 2008 are collecting food stamps (or whatever they're called for low income support).
Discussions are 30% over 15 years 2% a year.
USD took over reigns of Base currency for world at end of 2nd world war, - UK lost it - because it was bankrupt.
If USD devalues - How will it keep this position? I dont think so.
Transfer of power to a new world base currency.
Will it be in the western world? Will it be China? too early . Can't be Japan, not steady enough, can't be euro, perhaps Russia - LoL perhaps Norway - LoL Canada - theres a thought ?
People talk about the "world rulers" and say they are western, - so maybe there is a "steerage" back to GBP as the only western currency that can take over the reins. Must be major financial centre; - Germanys in Euro so they're out. Middle east countries want to create own central currency and get all Oil quoted in that new currency. (maybe thats the main reason why the middle east wars - or at least the last one - that move would have devistated the US economy - trillions of USD back to US shores, as dont need for treading oil anymore.
anyway enough .... (didnt reread or check this ..just types as i thought hope it makes sense )
VB
  • #309,819
  • Apr 25, 2012 11:28pm Apr 25, 2012 11:28pm
Quoting FXMindset
God Day to you

No worried...as your Inner beauty always show in this thread,


am Long Target 1.633


Cheers
Good luck, gbp is bullish but we need a pullback to reach 1.633. Not the best r:r to be long at current levels.

I think the London session will start to drag us down
  • #309,820
  • Apr 25, 2012 11:39pm Apr 25, 2012 11:39pm
am anticipating there will be profit taking around 6250-6300 to close weekly/monthly. but no one knows

0.000001 cent

Quoting iqyu5an
finish my coffee ... now back to check and re check my screen

before :

http://www.forexfactory.com/attachme...1&d=1334890605

detail link : here
where are we now ??? but ... no significant rejection i see at this level ( at least .............. till now when i was writing this ). let see how the PA reacts then.

aniway prev weekly candle showed ( at least for me ) , the PA already broke top of q1 2012 with...
not euphoria follower
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