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Cable Update (GBPUSD)

  • #310,301
  • Apr 27, 2012 1:07pm Apr 27, 2012 1:07pm
Quoting 853efx
crazy PA on GU - not seen a divergence on charts like this for ages - but i'm ready to defend bears big time...
the higher it climbs the faster and (hopefully) deeper it will fall soon...
  • #310,302
  • Apr 27, 2012 1:15pm Apr 27, 2012 1:15pm
-33% of account.

Looking for some ret. to kill most of the position. 1.5900 will do


Seb
  • #310,303
  • Apr 27, 2012 1:17pm Apr 27, 2012 1:17pm
it depends on the next day GU can break 1.629 (EMA200 weekly) or not
  • #310,304
  • Apr 27, 2012 1:22pm Apr 27, 2012 1:22pm
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 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,...
honestly there is no manipulation..its just a question of reading chart..i hate that i hedged but it was a win situation for me because the amount i lose im happy with..assuming the sum bitch doesnt fall

trust me when i tell u..GU might break so high people could blow account..and its in the chart..
all this talk about manipulation is shit..its an excuse to say..i didnt get it wrong!!..nobody take this personal ..im just saying the truth

when u were all short i was bulish
  • #310,305
  • Apr 27, 2012 1:23pm Apr 27, 2012 1:23pm
http://seekingalpha.com/article/5356...ong-u-s-dollar
  • #310,306
  • Apr 27, 2012 1:24pm Apr 27, 2012 1:24pm
Quoting culibate
it depends on the next day GU can break 1.629 (EMA200 weekly) or not
most likely not - look at the charts...i'm short several lots (mami, i'm scared, LOL)
  • #310,307
  • Apr 27, 2012 1:25pm Apr 27, 2012 1:25pm
Quoting Fawlty
You are the biggest bullshit poster in this thread. Can you put yourself on ignore? Forex is heavily manipulated you newbie trader. Look at the Swiss and the Yen this year. Look at all the indirect statements and carefully selected phrases by CB talking heads...all said with a purpose in mind.
man.... or should i say... monkey...
listen:

trading is 1 thing.

listening to chit chat and 'is supposed to be' and words, and blah blah blah, is another thing.

trading GU or any other pair is not talk and or think about what television says whyle you are watching cartoons.

trading need to read what is on price and come here and say that there is manipulation there is this there is that and price will go down or will go up will not help you, me, and nobody else.

and, for what i know, this forum is dedicated in interactive TRADING not chitchat.

i repeat for last time:

if people want to chitchat open a room, and talk about everything you like.

here is a place to post TRADES and analysis to pick a TRADE.

not what your small stupid brain tells you in that day or in that hour because some one said this or wrote down that.

and people should be responsible of what they say in here.

i am saying that gbp is in upward direction, since price was 1.52.

you?? what are you saying??

and other people? what are they saying?

got it?

you are the 2nd one going directly in ignore list.

bguen was the first.

let's see who will be the third monkey. so you will have a party all together.
90% of traders use TA, indicators and prediction
  • #310,308
  • Apr 27, 2012 1:27pm Apr 27, 2012 1:27pm
Quoting nAVIN2007
honestly there is no manipulation..its just a question of reading chart..i hate that i hedged but it was a win situation for me because the amount i lose im happy with..assuming the sum bitch doesnt fall

trust me when i tell u..GU might break so high people could blow account..and its in the chart..
all this talk about manipulation is shit..its an excuse to say..i didnt get it wrong!!..nobody take this personal ..im just saying the truth

when u were all short i was bulish
if the uptrend wants to remain healthy, there's gonna be a retracement to 1.615 soon, otherwise it's a bubble that i'm gonna short all in
  • #310,309
  • Apr 27, 2012 1:30pm Apr 27, 2012 1:30pm
posted this chart earlier this evening on the EU thread - my reason to short GU - MM is in place - "You miss one hundred percent of the chances you never take" - so i took my chances, we'll c...
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 108 KB
  • #310,310
  • Apr 27, 2012 1:34pm Apr 27, 2012 1:34pm
Quoting 853efx
if the uptrend wants to remain healthy, there's gonna be a retracement to 1.615 soon, otherwise it's a bubble that i'm gonna short all in
even to 1.60
nearly 90% sure price will get 1.60 in weekly chart.

there is only 1 problem:

where will be the top?
can be here around 1.63 or else 200 pips higher. Gu can print 200 pips in 1 day like nothing.

better wait a confirmation in price setup!

just my idea.
90% of traders use TA, indicators and prediction
  • #310,311
  • Apr 27, 2012 1:35pm Apr 27, 2012 1:35pm
Quoting 853efx
if the uptrend wants to remain healthy, there's gonna be a retracement to 1.615 soon, otherwise it's a bubble that i'm gonna short all in

if u read my analysis..everything is there..it isnt a bubble..its all in the chart and it easy to read as well..any1 understand price action and using technicals would see this as a technical formation playing out to the T

every1 on the wrong side..simply thought with there head and i warn u people..i entered a cheeky sell..because i thought it would at least taste 1.62..the strength is unbelievable but its weak right now

and thats what u people dont get..its USD weakness that caused this..
  • #310,312
  • Apr 27, 2012 1:39pm Apr 27, 2012 1:39pm
i think short around 16320-50 with sl 16410 is good.
1620 first target, for catwomans 16080
Attached Image (click to enlarge)
Click to Enlarge Name: fd.jpg Size: 179 KB
There shall be no QE3
  • #310,313
  • Apr 27, 2012 1:41pm Apr 27, 2012 1:41pm
Quoting nAVIN2007
if u read my analysis..everything is there..it isnt a bubble..its all in the chart and it easy to read as well..any1 understand price action and using technicals would see this as a technical formation playing out to the T

every1 on the wrong side..simply thought with there head and i warn u people..i entered a cheeky sell..because i thought it would at least taste 1.62..the strength is unbelievable but its weak right now

and thats what u people dont get..its USD weakness that caused this..
yes USD weakness + GBP strenght!
there is nothing else to buy in market actually.

i agree that UK is blah blah blah but if we do a comparison between GBP EURO USD JPY CHF AUD etc... the best of them actually is GBP. indeed market is buying her while people don't buy because they think it is not like this.

unbelievable.
90% of traders use TA, indicators and prediction
  • #310,314
  • Apr 27, 2012 1:45pm Apr 27, 2012 1:45pm
Quoting nAVIN2007
if u read my analysis..everything is there..it isnt a bubble..its all in the chart and it easy to read as well..any1 understand price action and using technicals would see this as a technical formation playing out to the T

every1 on the wrong side..simply thought with there head and i warn u people..i entered a cheeky sell..because i thought it would at least taste 1.62..the strength is unbelievable but its weak right now

and thats what u people dont get..its USD weakness that caused this..
i usually don't post on this forum, but i keep looking into it from time to time =) - u r the longterm trader as what i know - i like to trade swings of 89-276 pips only - and i don't care about the fundamentals at all i try to read charts only - and this time there's one hell of a divergence on GU - if USD really is going to weaken in a dramatic way, it has to test resistance on the USD index from below at least once...and that's where i c my chance to short this lady
  • #310,315
  • Apr 27, 2012 1:47pm Apr 27, 2012 1:47pm
lost 180 pips shorting AU
It just baffled me why such furious drive up.Then it made sense its following GU lead.
Again GU.I hate the Sterling with passion. I can only short this.I just can't buy it.Never!
In trading, you have to be defensive and aggressive at the same time
  • #310,316
  • Apr 27, 2012 1:50pm Apr 27, 2012 1:50pm
btw i just turned 2 small loosing trades on GU on two different accounts into winners by opening two more positions each 5 times bigger - i would love to keep those positions alive, but that's unfortunately not going to happen over the week-end...monday is full of new chances and i'm short biased - have a good one fellow traders
  • #310,317
  • Apr 27, 2012 1:52pm Apr 27, 2012 1:52pm
Quoting Davit
lost 180 pips shorting AU
It just baffled me why such furious drive up.Then it made sense its following GU lead.
Again GU.I hate the Sterling with passion. I can only short this.I just can't buy it.Never!
AUD will be going to the moon.
i only hope to be possible to buy again after interest rates decisions soon
90% of traders use TA, indicators and prediction
  • #310,318
  • Apr 27, 2012 1:53pm Apr 27, 2012 1:53pm
Quoting 853efx
btw i just turned 2 small loosing trades on GU on two different accounts into winners by opening two more positions each 5 times bigger - i would love to keep those positions alive, but that's unfortunately not going to happen over the week-end...monday is full of new chances and i'm short biased - have a good one fellow traders
i did the same shot at 16260 and 74 and want to close 16260 at breakeven but cant fall 10pips!!!
There shall be no QE3
  • #310,319
  • Apr 27, 2012 1:57pm Apr 27, 2012 1:57pm
Quoting Helloguys
i did the same shot at 16260 and 74 and want to close 16260 at breakeven but cant fall 10pips!!!
if u would use a momentum indicator, u would not have opened a short position at 1.6260 - but i don't know anything about ur risk management, but still...i'm out
  • #310,320
  • Apr 27, 2012 2:09pm Apr 27, 2012 2:09pm
Quoting 45Condor
...

And now for some Robert Plant - gig volume.
Glad I was afk today. Looks like someone could have wound me up. Still time, though...
Gone to a better place
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