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Cable Update (GBPUSD)

  • #313,521
  • May 17, 2012 6:13am May 17, 2012 6:13am
Quoting bguguen
Like i said... 1.5750.....
does anyone believe me now??
I do LOL

Seb
  • #313,522
  • May 17, 2012 6:17am May 17, 2012 6:17am
hey folks just managed to wake up but i seem to have found what happend to GBPUSD...

Look at the below graph, the grayed out area is Post New York Asia movement and it does form a short term supporting trend line, as soon as london came opening (the candle right after the grey box) below that trendline, London is bound to be on the sell side....
Goodluck to all and watch your selves as we're headed for the 50% fib line around 1.5750/80
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.17052012 edit.gif Size: 24 KB


We shall Kill the Wabbit!!!
Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,523
  • May 17, 2012 6:18am May 17, 2012 6:18am
Quoting bguguen
Like i said... 1.5750.....
does anyone believe me now??
good very good. i thought this beast was going to 1.64 when it was hovering arnd 1.61 area. many bulls are killed here now.

where is nav? the super bull on gbp
  • #313,524
  • May 17, 2012 6:18am May 17, 2012 6:18am
Here ,but 50% is big but not gonna hold eventually



Quoting jajano
where is gu going ?
1.58150?
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,525
  • May 17, 2012 6:19am May 17, 2012 6:19am
Love your signature haha


Quoting Nachiket
good very good. i thought this beast was going to 1.64 when it was hovering arnd 1.61 area. many bulls are killed here now.

where is nav? the super bull on gbp
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,526
  • May 17, 2012 6:20am May 17, 2012 6:20am
bearish bearish...let us see what happens when US market opens.

+420 pips this week (only GBP/USD) still more to add...

happy pippin...
I am a hunter...i kill both bulls and bears...
  • #313,527
  • May 17, 2012 6:20am May 17, 2012 6:20am
Quoting bguguen
Like i said... 1.5750.....
does anyone believe me now??

Do you not think we might hit some support around 5800?? Or you expecting bears to crash straight through it
  • #313,528
  • May 17, 2012 6:21am May 17, 2012 6:21am
Quoting bguguen
hey folks just managed to wake up but i seem to have found what happend to GBPUSD...

Look at the below graph, the grayed out area is Post New York Asia movement and it does form a short term supporting trend line, as soon as london came opening (the candle right after the grey box) below that trendline, London is bound to be on the sell side....
Goodluck to all and watch your selves as we're headed for the 50% fib line around 1.5750/80
Attachment

We shall Kill the Wabbit!!!
http://www.youtube.com/watch?v=Yxiv3CBMS4M
i think if 5800 breaks, cable gonna go for a freefall.. who knows where's the bottom, never really care to search for it..
  • #313,529
  • May 17, 2012 6:24am May 17, 2012 6:24am
Quoting Bones
Here ,but 50% is big but not gonna hold eventually
wow.. thats far
  • #313,530
  • May 17, 2012 6:29am May 17, 2012 6:29am
Quoting Freshpips
Do you not think we might hit some support around 5800?? Or you expecting bears to crash straight through it
like i said.... the support that will come in is not anywhere at 5800, but rather 5780, your hope is that the big boys behind (who ive been warning people around that they have been manipulating the GBP to an extreme) will finally have their books balanced so they can start to go easy on the markets...
I'm pretty sure the rally we had a month ago and the quick sell off we're having is all big boy's work....
even they know they've pushed GBPUSD too far up now its time to push it back down... your question though... where is the equilibrium....
well i tend to believe the equilibrium of GBPUSD would be Far lower than the initial area they started to push up which was around 1.5200 (they started to bounce off 5200 and pushed it up insane... now 5200 is probably not the equilibrium.... 5500 sure looks like it, but now with bad news coming on and on... im pretty sure the equilibrium is moving down and down and that the Low will be lower tha 5200 so be warned....
watch out for 5780 for now
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,531
  • May 17, 2012 6:29am May 17, 2012 6:29am
Quoting A-speculator
catching falling knife mate? careful mate.. imho, if you want to enter long, wait for significant uptrust first indicating possible retracement, don't just guess where is the bottom..
Thanks for the advice, but my MM allows for me to enter an additional long at 5765 and then see out a run to 55 if need be. This is a long term trade anyway. I still expect to see a test of 1.60 if we want to go much lower than 55.
  • #313,532
  • May 17, 2012 6:31am May 17, 2012 6:31am
should I set my SL to somewhere ?
  • #313,533
  • May 17, 2012 6:32am May 17, 2012 6:32am
Quoting FXConveyor
Thanks for the advice, but my MM allows for me to enter an additional long at 5765 and then see out a run to 55 if need be. This is a long term trade anyway. I still expect to see a test of 1.60 if we want to go much lower than 55.
long term is down mate.. well that's based on how the monthly candle pattern atm.. i don't have quarterly chart.. maybe quaterly bullish, i don't know..

anyway, good luck mate catching knife.. hope you're able to make profit out of it..
  • #313,534
  • May 17, 2012 6:33am May 17, 2012 6:33am
3 weeks old shorts just closed all with profit of 3% of account!

Those who follow my charts and my story know what I'm talking about.




Thank You,
Seb
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.jpg Size: 111 KB
  • #313,535
  • May 17, 2012 6:36am May 17, 2012 6:36am
Its not A not at all


Quoting A-speculator
long term is down mate.. well that's based on how the monthly candle pattern atm.. i don't have quarterly chart.. maybe quaterly bullish, i don't know..

anyway, good luck mate catching knife.. hope you're able to make profit out of it..
Attached Image (click to enlarge)
Click to Enlarge Name: cable q 17-5.png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,536
  • May 17, 2012 6:40am May 17, 2012 6:40am
Quoting Flynchenberg
3 weeks old shorts just closed all with profit of 3% of account!

Those who follow my charts and my story know what I'm talking about.




Thank You,
Seb

Good for you. Not a very pleasant journey, I imagine.

It's funny the way sometime the best thing to do is hang on until B/E achieved. Not good for the nerves, however.
  • #313,537
  • May 17, 2012 6:41am May 17, 2012 6:41am
Quoting Bones
Its not A not at all
Genius..... you know what though?? navin also had 1.63 in his eyes as a reversal point... but he got too greedy hoping it'll break and go to 1.65 like the rest of the bulls around here who called me crazy when i say manipulated rally....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,538
  • May 17, 2012 6:41am May 17, 2012 6:41am
Quoting Bones
Its not A not at all
thanks mate.. that's very useful.
  • #313,539
  • May 17, 2012 6:42am May 17, 2012 6:42am
Storm is over.
  • #313,540
  • May 17, 2012 6:44am May 17, 2012 6:44am
Quoting corpo30
Storm is over.
Wait till you see US employment claims....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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