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Cable Update (GBPUSD)

  • #309,961
  • Apr 26, 2012 6:51am Apr 26, 2012 6:51am
Quoting FXMindset
LOl

Bro,then you should change your username to Downchenberg neh..who knows it fall hard once you change
I wish it was that easy...



Seb
  • #309,962
  • Apr 26, 2012 6:51am Apr 26, 2012 6:51am
will 1hr close as a PB / hammer candle ?

G/L
ex member
  • #309,963
  • Apr 26, 2012 7:01am Apr 26, 2012 7:01am
where is the longer term bulls' target ? Is it a fib extension of the last weekly swing down a-b or the descending trend lines ? Or something else ? (161.8% of a-b is @/around 6120)

G/L
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ex member
  • #309,964
  • Apr 26, 2012 7:03am Apr 26, 2012 7:03am
Courtesy of IngmarForex: http://www.forexfactory.com/showthre...28#post5611528



Quoting ingmarforex
http://blogs.wsj.com/marketbeat/2012...ent/tab/print/

http://blogs.wsj.com/marketbeat/2012...rms/tab/print/
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #309,965
  • Apr 26, 2012 7:19am Apr 26, 2012 7:19am
Quoting Flynchenberg
I wish it was that easy...



Seb
Trying short here stop @ 1.6210 Risk 1% TP : Open
If there was easy money lying around,no one would be forcing it into your
  • #309,966
  • Apr 26, 2012 7:34am Apr 26, 2012 7:34am
Hilarious!!!!

Britain in recession....Euro almost in recession.....USA employment numbers are crap......

NO Move in FX.......ha ha ha!!!!!!! Nobody knows what to do.....it is all shit!
I don't trust any move - when you have profit...take it.
  • #309,967
  • Apr 26, 2012 7:35am Apr 26, 2012 7:35am
Quoting Faller
Hilarious!!!!

Britain in recession....Euro almost in recession.....USA employment numbers are crap......

NO Move in FX.......ha ha ha!!!!!!! Nobody knows what to do.....it is all shit!
Bingo bro, you can all come over here and we'll send the leftovers to NZ
Come with me if you want to live....
  • #309,968
  • Apr 26, 2012 7:39am Apr 26, 2012 7:39am
To have 9 consecutive bullish or bearish candles on any t/f is a rare event and on daily very rare...probability is very low - ie less than 2%...so far we have 8 consecutive bullish on Daily. Earlier this year in January) we had 10 bullish consecutive daily candles from 5234 up to 5740 area..so there remains a low statistical chance of toady's daily candle closing green - as this would be the 9th consecutive on that t/f. But this does not mean that this low probability will not play out. We will know soon enough.

G/L
ex member
  • #309,969
  • Apr 26, 2012 7:40am Apr 26, 2012 7:40am
Well, I guess the next move will just HAVE to be technical
Come with me if you want to live....
  • #309,970
  • Apr 26, 2012 7:40am Apr 26, 2012 7:40am
Pound is BS (and EUR)!!!!
Every other USD pair is moving to the news... WTF!
  • #309,971
  • Apr 26, 2012 7:42am Apr 26, 2012 7:42am
Quoting FXMindset
Trying short here stop @ 1.6210 Risk 1% TP : Open
Stop @ BE
If there was easy money lying around,no one would be forcing it into your
  • #309,972
  • Apr 26, 2012 7:43am Apr 26, 2012 7:43am
It's goodnight from me and it's goodnight from him, goodnight
Come with me if you want to live....
  • #309,973
  • Apr 26, 2012 7:43am Apr 26, 2012 7:43am
See even the big boys are crying fowl and calling manipulation!!!!!!

The big boys do not believe the GNP numbers for GDP - they think they are fake!!!!! Wow what does that mean!!!! If all the big boys thought GDP would be positive......nAVIN may have got his 1.65 yesterday. The big boys are scratching their heads also!

http://www.thisismoney.co.uk/money/n...ngland-QE.html
I don't trust any move - when you have profit...take it.
  • #309,974
  • Apr 26, 2012 7:44am Apr 26, 2012 7:44am
wait mode.

watching news
The market will deceive you. Make your own judgement.
  • #309,975
  • Apr 26, 2012 7:51am Apr 26, 2012 7:51am
Quoting bbmac
To have 9 consecutive bullish or bearish candles on any t/f is a rare event and on daily very rare...probability is very low - ie less than 2%...so far we have 8 consecutive bullish on Daily. Earlier this year in January) we had 10 bullish consecutive daily candles from 5234 up to 5740 area..so there remains a low statistical chance of toady's daily candle closing green - as this would be the 9th consecutive on that t/f. But this does not mean that this low probability will not play out. We will know soon enough.

G/L
I'm with you there!!
GDP yesterday was the only time it flinched...
I thought it would close down. Nope.
Something is not right.
  • #309,976
  • Apr 26, 2012 7:52am Apr 26, 2012 7:52am
Old conspiracy theorists never die ! (or do they ?)

Can some one please tell me why it is that generally only traders nursing a losing position (s) and/or a bad run on their P&L cry 'manipulation ?'

Lol
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ex member
  • #309,977
  • Apr 26, 2012 7:54am Apr 26, 2012 7:54am
In the past Allen Greenspan said - and I paraphrase.....

In the shit times we must pump the money in and make the market look good......if the market looks good then people will feel good and we will get out of recession........well - they have pumped and pumped money in this time.....yes the market is flying......but that is about all.........things really are not any better. And these fake numbers prove it. Soooo many people have given up on the economy and pulled themselves out of the workforce.....therefore unemployment rate looks better but only because fewer people are actually looking for work. Things are shit.....and shit will hit the fan sooner or later.
Attached Image
I don't trust any move - when you have profit...take it.
  • #309,978
  • Apr 26, 2012 7:56am Apr 26, 2012 7:56am
No no, we have found equilibrium
Come with me if you want to live....
  • #309,979
  • Apr 26, 2012 7:58am Apr 26, 2012 7:58am
would that be the same Allan Greenspan who played fast and loose with monetary policy such that he take rates so low as to cause bubbles every where and then ramped them up to 5%+ only to see the bubbles burst and cause the biggest crash since the 1930's etc etc

No lessons from him needed I think.

G/L

Quoting Faller
In the past Allen Greenspan said - and I paraphrase.....

In the shit times we must pump the money in and make the market look good......if the market looks good then people will feel good and we will get out of recession........well - they have pumped and pumped money in this time.....yes the market is flying......but that is about all.........things really are not any better. And these fake numbers prove it. Soooo many people have given up on the economy and pulled themselves out of the workforce.....therefore unemployment rate looks better but...
ex member
  • #309,980
  • Apr 26, 2012 7:59am Apr 26, 2012 7:59am
Quoting Faller
In the past Allen Greenspan said - and I paraphrase.....

In the shit times we must pump the money in and make the market look good......if the market looks good then people will feel good and we will get out of recession........well - they have pumped and pumped money in this time.....yes the market is flying......but that is about all.........things really are not any better. And these fake numbers prove it. Soooo many people have given up on the economy and pulled themselves out of the workforce.....therefore unemployment rate looks better...
Correct
Come with me if you want to live....
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