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Cable Update (GBPUSD)

  • #310,241
  • Apr 27, 2012 9:13am Apr 27, 2012 9:13am
we're going up...........same formation as past two days at this time, down bar engulfed by up bar either side.......................
  • #310,242
  • Apr 27, 2012 9:15am Apr 27, 2012 9:15am
Quoting culibate
GU may go down after the olympic
Why do people keep saying this. Surely you would want the Olympic tourists to be getting a better rate, therefore a weaker pound would suit them?
  • #310,243
  • Apr 27, 2012 9:21am Apr 27, 2012 9:21am




The USD / CHF DownTrend will stop somewhere between 0.8992 - 0.9047

( I believe in 0.9018 ) , And The GBP / USD UpTrend Will Stop Somewhere

Between 1.6272 - 1.6309 ( I believe i 1.6284 ).









Patterns have an underlying mathematical structure.
  • #310,244
  • Apr 27, 2012 9:35am Apr 27, 2012 9:35am
Quoting Amir_Forex




The USD / CHF DownTrend will stop somewhere between 0.8992 - 0.9047

( I believe in 0.9018 ) , And The GBP / USD UpTrend Will Stop Somewhere

Between 1.6272 - 1.6309 ( I believe i 1.6284 ).








I agree with you, I think there is a big slap down waiting to happen.
  • #310,245
  • Apr 27, 2012 9:42am Apr 27, 2012 9:42am
Quoting FXConveyor
I agree with you, I think there is a big slap down waiting to happen.
There will have to be some mugs to buy it first. So only big thing I can see on that is NFP or perhaps when they revise GDP up. According to myfxbook alone there is over $1.5 billion of real money from retail shorts here averaged 150 pips below (effectively buy orders that support the price). Consider that myfxbook only has a percentage of total retails, then possible $5 billion + blocking the way down?
  • #310,246
  • Apr 27, 2012 10:12am Apr 27, 2012 10:12am
Nottttttt Yettttttt
"Sensible Trader"
  • #310,247
  • Apr 27, 2012 10:20am Apr 27, 2012 10:20am




230 - 235 were very good Chances 4 going Long

in order 2 Collect around 50 Pips !









Patterns have an underlying mathematical structure.
  • #310,248
  • Apr 27, 2012 10:39am Apr 27, 2012 10:39am
Quoting goldenmember
This is probably going to close bull - but this will be the second time in 10 years that cable has done 10 days in a row, so I think that bears can be forgiven their exuberance.
Am I not right in saying that Cable did 10 up days in Jan?
  • #310,249
  • Apr 27, 2012 10:45am Apr 27, 2012 10:45am
Quoting 16Nov16
Am I not right in saying that Cable did 10 up days in Jan?
And on the sixth day she did a down day...

Sounds similar to something else if you replace 'she' with a ...

Funny
.
  • #310,250
  • Apr 27, 2012 10:54am Apr 27, 2012 10:54am
Quoting 16Nov16
Am I not right in saying that Cable did 10 up days in Jan?
Not in a row, no.
  • #310,251
  • Edited 11:10am Apr 27, 2012 11:00am | Edited 11:10am
Hey Look what i found...
our good friend cloggie has this to say....


Quoting cloggie
I stopped trading all manipulated pairs (JPY GBP CHF) and only focus on eU, don't know how you guys do it, kudos.

I don't even pay attention to anything anymore regarding them, only if it affects eU.

Now call me superstitious or Gloating about Manipulaiton of the GBP pair... even the pros realise the GBP is FAR manipulated than the EUR.... Why??
Does anybody realise how GBPUSD sits at a certain price range of say 5-10 pips for hours then Shoots up 50 pips and no sign of a retrace and it sits there for another couple hour in a 5-10 pips range?? that my friend is how i know its manipulation because normally when it shoots up 50 pips all of a sudden it should meet sellers, but the fact it doesnt fall back down means theres no sellers and only buyers... moving the markets... knowing maybe over 80% of the retail traders are on the SELL side... makes it logical that the market is moving because the Banks are pushing it up... with absoultely NO fundamental backing for such a move, the only thing that could happen as soon as the bank's are done with their manipulation is to let the currency fall back to its original position to restart the Normal Price Action
I is Saying GBP move up is all manipulation maybe when the Real non maniuplated move down would break move GBPUSD down beyond the range of the move up.... 1.45 for GBPUSD anyone??
Well... thats got to wait, but im not dismissing the possibility
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #310,252
  • Apr 27, 2012 11:10am Apr 27, 2012 11:10am
Quoting bguguen
Hey Look what i found...
our good friend cloggie has this to say....

Now call me superstitious or Gloating about Manipulaiton of the GBP pair... even the pros realise the GBP is FAR manipulated that the EUR.... sooo yea...
I is Saying GBP move up is all manipulation maybe when the Real non maniuplated move down would break move GBPUSD down beyond the range of the move up.... 1.45 for GBPUSD anyone??
Well... thats got to wait, but im not dismissing the possibility
How is GBP manipulated and who by?? I have never had any issues trading cable or run into anything I would call foul play.
  • #310,253
  • Apr 27, 2012 11:11am Apr 27, 2012 11:11am
Quoting zpiders
How is GBP manipulated and who by?? I have never had any issues trading cable or run into anything I would call foul play.
Re-read my post... i added a more detailed explanation
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #310,254
  • Apr 27, 2012 11:11am Apr 27, 2012 11:11am
Well.....hope all had a good week.

Will be doing my homework and taxes this weekend.....

Have a good one everyone.....

Faller.
I don't trust any move - when you have profit...take it.
  • #310,255
  • Apr 27, 2012 11:21am Apr 27, 2012 11:21am
The only good thing about this week is that it's over...
Have a good weekend!
  • #310,256
  • Apr 27, 2012 11:24am Apr 27, 2012 11:24am
Quoting Tnfx
The only good thing about this week is that it's over...
Have a good weekend!
...

And now for some Robert Plant - gig volume.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #310,257
  • Apr 27, 2012 11:27am Apr 27, 2012 11:27am




1.6243

The Talisman

Has already been broken






Patterns have an underlying mathematical structure.
  • #310,258
  • Apr 27, 2012 11:36am Apr 27, 2012 11:36am
i promised i would have came back in thread after we see 1.6230 in price.
now we saw price 6230 today.

and i come back to say:

"where were all these great price reversal predictors when price in GU was 1.58 and when was 1.52?!?!"

would be interesting to see what there is into people heads when they talk about manipulations. maybe water.

anyway i will not be interested in any discussion about where price will be in 1-2-15 -11500 weeeks. i have my plan in gu and i'm following it since price was 1.57 to go in 1.52 to come here 1.62 area etc..

just to say: it is not that when usdchf goes up, GU must go down! and soon SNB will remove their interventetions in EUR CHF price, so the mirroring between EU and Uch will come to an end and Ech price will finally move again.

good luck with your predictions about market based in words and good luck with your paranoia about manipulations in price and markets.

i will come back when price will be around 1.67.

so this time will require bit more than 1 week.. maybe!

byebye
90% of traders use TA, indicators and prediction
  • #310,259
  • Apr 27, 2012 11:41am Apr 27, 2012 11:41am
Quoting _BBKing_
i promised i would have came back in thread after we see 1.6230 in price.
now we saw price 6230 today.

and i come back to say:

"where were all these great price reversal predictors when price in GU was 1.58 and when was 1.52?!?!"

would be interesting to see what there is into people heads when they talk about manipulations. maybe water.

anyway i will not be interested in any discussion about where price will be in 1-2-15 -11500 weeeks. i have my plan in gu and i'm following it since price was 1.57 to go in 1.52 to come here 1.62 area...
prick...
you might as well go talk to cloggie about theres no manipulation and see how he will kick your ass....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #310,260
  • Apr 27, 2012 11:42am Apr 27, 2012 11:42am
Quoting _BBKing_
i will come back when price will be around 1.67.
I have extension levels at the 1.64/5 levels, and then up towards the 1.67 region.

Would post a chart, but already two glasses of '97 Loire Valley rouge into the weekend, so the resolution may not be up to much.
Author of: For Pip's Sake! (Available at Amazon... :-) )
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