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Cable Update (GBPUSD)

  • #313,621
  • May 17, 2012 8:39am May 17, 2012 8:39am

AH... this is a manipulation in markets, because price goes down too fast and too deep without retrace in mai levels and usd is no strong but the manipulator is buying it to manipulate all prices against the small traders to build a stop hunt to take their total 1-2 million stop loss. In a 3 trillion liquidity market we need retailers stop loss and so the manipulator will keep manipulating prices up and down creating fake moves of 1000pips. indeed all market is fake, because every single move is a fake. you think it is in the charts but it is not: the manipulator have different charts and while he smoke cigars with other manipulators, thei secretaries will work to change candlesticks in charts of all those some 1-2 million retailers.



good luck guys!
really good luck!!
90% of traders use TA, indicators and prediction
  • #313,622
  • May 17, 2012 8:58am May 17, 2012 8:58am
How far you think it's going to retrace? 1.5990 - not breach 1.6

I just shorted gbp/jpy for first time - shit it moves, it ate 20 pips off me in 1 minute.
when gbp/usd retraces - this will retrace as well?
VB
  • #313,623
  • May 17, 2012 9:02am May 17, 2012 9:02am
Quoting belekas
Scale out #3 @ AWR for +200.)
Target @ 125.50 hit for +270. Calling it a day. GL ya'll ;-)
  • #313,624
  • May 17, 2012 9:03am May 17, 2012 9:03am
(couple of months on site - once every 10 days trades)
set up a sell on aus/usd - for over weekend, tp at 0.9760
which is quite a way - over 200 pips.
VB
  • #313,625
  • Edited 9:17am May 17, 2012 9:09am | Edited 9:17am
Quoting Vikingbarde
(couple of months on site - once every 10 days trades)
set up a sell on aus/usd - for over weekend, tp at 0.9760
which is quite a way - over 200 pips.
VB
just be careful mate on aussie mate, as long as 9900 not broken, seems like the aussie might retrace or in range of 9960-9900.. once 9900 taken out, i think we can assume that then it's safe to short again..
  • #313,626
  • May 17, 2012 9:19am May 17, 2012 9:19am
Quoting Vikingbarde
I'm out working all day tmr, back 1-2 hours after london opening time, - which way you think it will break - any more confirmation on that? pretty please !
I have few trades (bull) - wasnt expecting this to happen tday - or be so big
when you say break - it means either way?

another crazy friday?

VB
hey Vikingbarde
this is my analysis but don't think this an confirmation but you can keep it as your hindsight...entire week look at the daily candles there was very less retracement in bullish way and there was strong move down side...i haven't seen any weak candle in downward direction in past 4 days(i.e., having a long wick and it doesn't know which way to go)...so trend has to be down.All are strong down candles with complete body and short wicks.

I consider downward trend is over only when price close above previous down bar open in daily candle....and vice verse in uptrend.

for 2morow there is no such formation so my bias is downward.

i will be looking to short even tomorrow....i was short all this week from 1.60

this is my hindsight so plan your trade and trade your plan...

happy pippin....
I am a hunter...i kill both bulls and bears...
  • #313,627
  • May 17, 2012 9:35am May 17, 2012 9:35am
while u guys have been cleaning up on cable down (me waiting for it for ages) i was shorting and longing aud/usd that was in a 30-40 pip day movement.
we had been recommended that it was going to go to parity today .. didnt happen (like u say - maybe tmr)
VB



Quoting A-speculator
just be careful mate on aussie mate, as long as 9900 not broken, seems like the aussie might retrace or in range of 9960-9900.. once 9900 taken out, i think we can assume that then it's safe to short again..
  • #313,628
  • May 17, 2012 9:38am May 17, 2012 9:38am
Quoting Vikingbarde
while u guys have been cleaning up on cable down (me waiting for it for ages) i was shorting and longing aud/usd that was in a 30-40 pip day movement.
we had been recommended that it was going to go to parity today .. didnt happen (like u say - maybe tmr)
VB
maybe tmr, maybe next week, who knows.. as long 9900 hold, i see the price trading in the range i mentioned above.. no valid trend yet.
  • #313,629
  • May 17, 2012 9:39am May 17, 2012 9:39am
I'm out - i dont think i will place orders, - not sure they would play my way. - I have 2 long trades, one plays out at 1.57 - so i better increase that, in the hope of a retrace to 1.59
VB


Quoting oathbreaker
hey Vikingbarde
this is my analysis but don't think this an confirmation but you can keep it as your hindsight...entire week look at the daily candles there was very less retracement in bullish way and there was strong move down side...i haven't seen any weak candle in downward direction in past 4 days(i.e., having a long wick and it doesn't know which way to go)...so trend has to be down.All are strong down candles with complete body and short wicks.

I consider downward trend is over only when price close above previous down bar open in daily...
  • #313,630
  • May 17, 2012 11:11am May 17, 2012 11:11am
Quoting _BBKing_

AH... this is a manipulation in markets, because price goes down too fast and too deep without retrace in mai levels and usd is no strong but the manipulator is buying it to manipulate all prices against the small traders to build a stop hunt to take their total 1-2 million stop loss. In a 3 trillion liquidity market we need retailers stop loss and so the manipulator will keep manipulating prices up and down creating fake moves of 1000pips. indeed all market is fake, because every single move is a fake. you think it is in the charts but...
i see you're still kicking and still the narrow minded techie trader... well good luck to you... atleast GBPUSD fell before we saw nav's 1.65 target...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,631
  • May 17, 2012 11:14am May 17, 2012 11:14am
Quoting _BBKing_
ok switching off definetly.

have a good week end, week, month, year everybody.

see you all when price will be 1.65-1.66 area.
maybe never, who knows?!

good luck and green pips
BTW BBKING.... you're not supposed to be back... Go hide back in your cave dear friend.... we havent seen your 1.65 so go go hide
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,632
  • May 17, 2012 1:06pm May 17, 2012 1:06pm
critical in level in VIX reached...stock crash risk increased ...better trade with seatbells
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  • #313,633
  • May 17, 2012 2:01pm May 17, 2012 2:01pm
Retailers continue buying cable having sold it all the way up to 1.63. Until they decide its time to short I still look for sells. One day the punters might get it right, one day.
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  • #313,634
  • May 17, 2012 2:48pm May 17, 2012 2:48pm
Yes I agree with you, flatfish. FXCM retail traders are heavily long, 4 to 1 yet futures data still at extremes, OI been dropping last few days so longs being squeezed, should still see cable drop significantly
  • #313,635
  • May 17, 2012 3:13pm May 17, 2012 3:13pm
heres my view I just got very bearish this pair
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,636
  • May 17, 2012 3:15pm May 17, 2012 3:15pm
Quoting Bones
heres my view I just got very bearish this pair
Not yet bones... need to watch how it closes....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,637
  • May 17, 2012 3:19pm May 17, 2012 3:19pm
what daily ? mines closed and broke ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,638
  • May 17, 2012 3:25pm May 17, 2012 3:25pm
Quoting Bones
what daily ? mines closed and broke ?
Strange... whats the low on the daily close?? i got 1.57855 and thats exactly where i have my 50% fib level... the new daily candle we are in right now is attempting to break it but the day is still young dude... we might bounce frmo this 50% fib level
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,639
  • May 17, 2012 3:28pm May 17, 2012 3:28pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting bguguen
Not yet bones... need to watch how it closes....
NY close bug. 1.5792 on my end.
  • #313,640
  • May 17, 2012 3:30pm May 17, 2012 3:30pm
Quoting eggs
NY close bug. 1.5792 on my end.
Exactly....
thats my point... we havent broken below yet man...
we close above the 50% fib, though the new daily we have is already attempting to break below it this early...
im am expecting some profit booking action today from London and NY... this should give a bit of retracement for GBPUSD before we continue down next week....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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