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Cable Update (GBPUSD)

  • #316,361
  • Jun 14, 2012 10:30am Jun 14, 2012 10:30am
and EU... which actually is supposed to be the trigger of this whole scenario.... is already out of his fucking downtrend...

IMO, today-tomorrow GU will follow.
or something will come for euro to fuck it down heavy again
90% of traders use TA, indicators and prediction
  • #316,362
  • Jun 14, 2012 10:36am Jun 14, 2012 10:36am
rising wedge as long LTL hold.

http://content.screencast.com/users/...06-14_2237.png
Gold Expedition Return This Year: -15.9%
  • #316,363
  • Jun 14, 2012 10:47am Jun 14, 2012 10:47am
0.0000001 cent
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not euphoria follower
  • #316,364
  • Jun 14, 2012 10:49am Jun 14, 2012 10:49am
Quoting _BBKing_
and EU... which actually is supposed to be the trigger of this whole scenario.... is already out of his fucking downtrend...

IMO, today-tomorrow GU will follow.
or something will come for euro to fuck it down heavy again
Hi bb,

Why u did not kept ur bought at pinkish area?
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,365
  • Jun 14, 2012 10:50am Jun 14, 2012 10:50am
in my experience.... better stay out of this scenario.
indeed i really don't understand why i'm staying here in the hope to see something happening.

closed my position.
leaving.

good luck ladies
90% of traders use TA, indicators and prediction
  • #316,366
  • Jun 14, 2012 10:51am Jun 14, 2012 10:51am
Quoting Zircon
Hi bb,

Why u did not kept ur bought at pinkish area?
hello
since that line... i went long, short, long, short so many times that i feel tired to see charts.
90% of traders use TA, indicators and prediction
  • #316,367
  • Jun 14, 2012 10:53am Jun 14, 2012 10:53am
Quoting _BBKing_
hello
since that line... i went long, short, long, short so many times that i feel tired to see charts.


right this PA is not predictble
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,368
  • Jun 14, 2012 11:28am Jun 14, 2012 11:28am
lol ,not easy day for sure

Quoting _BBKing_
hello
since that line... i went long, short, long, short so many times that i feel tired to see charts.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,369
  • Jun 14, 2012 11:28am Jun 14, 2012 11:28am
Rising wedge is that bullish ?



Quoting budak baru
rising wedge as long LTL hold.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,370
  • Jun 14, 2012 11:30am Jun 14, 2012 11:30am
I think debatable ,techs know fundi ,I think ,how else can so much line up just my opinion


Quoting _BBKing_
yes of course, possible a slap down.
but don't forget that fundamentals don't care at all about techs.

m15 is printing a compression pattern.
price can eventually fill this but then reverse up.
let's see

actually i'm holding short.
as soon as i see something i load long in hedge.
see chart to understand what i see as possibilities
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,371
  • Jun 14, 2012 11:44am Jun 14, 2012 11:44am
Quoting Bones
I think debatable ,techs know fundi ,I think ,how else can so much line up just my opinion
The selling pressure has been diminished, but i do not think it is time to buy for long term.

What do u think Bones.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,372
  • Jun 14, 2012 11:51am Jun 14, 2012 11:51am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Bones
I think debatable ,techs know fundi ,I think ,how else can so much line up just my opinion
Agreed. Its a question of which came first really. "the chicken or the egg".

One is an indicator of another and vice verse. Price is the ultimate indicator that ultimately reflects institutional market sentiment which is driven by fundamentals. Technicals just so happen to point out where fundamentals shift, bend, or break.
  • #316,373
  • Jun 14, 2012 11:54am Jun 14, 2012 11:54am
I only see bears Z ,up trend broken ,over

target 1.5 ,1.53 first
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd d1 14 -6-12.png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,374
  • Jun 14, 2012 11:57am Jun 14, 2012 11:57am
500 not 30 ,I could have taken 30 plenty of times ,now im in red overall later I hope not
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,375
  • Jun 14, 2012 12:01pm Jun 14, 2012 12:01pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
On another note. Assuming no one here is a chief financial analyst for Goldman Sachs or working side by side Bernanke on the Obama team it should be safe to say our ability to predict the markets based on fundamental analysis is about as likely as India sweeping the Olympics this year.

Its not gonna happen. As a "general" rule forget the fundies as they're already baked into the price you see there. Trade what you see. Not what you think Core Retail Sales is gonna do. Don't be that guy... you just don't know.
  • #316,376
  • Jun 14, 2012 12:05pm Jun 14, 2012 12:05pm
very true eggs ,look guys the break below tl ,cant be good ,if you wanted to trade take break of red box as an idea

also you now have confirmed down line to hide behind ? ,or even that high tested 3 times now ,thats safest


Quoting eggs
On another note. Assuming no one here is a chief financial analyst for Goldman Sachs or working side by side Bernanke on the Obama team it should be safe to say our ability to predict the markets based on fundamental analysis is about as likely as India sweeping the Olympics this year.

Its not gonna happen. As a "general" rule forget the fundies as they're already baked into the price you see there. Trade what you see. Not what you think Core Retail Sales is gonna do. Don't be that guy... you just don't know.
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,377
  • Jun 14, 2012 12:10pm Jun 14, 2012 12:10pm
sellers below tl you know that
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,378
  • Jun 14, 2012 12:10pm Jun 14, 2012 12:10pm
buyers above that high tested 3 times ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,379
  • Jun 14, 2012 12:11pm Jun 14, 2012 12:11pm
Quoting Bones
I only see bears Z ,up trend broken ,over

target 1.5 ,1.53 first
Hope for you she goes there.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #316,380
  • Jun 14, 2012 12:14pm Jun 14, 2012 12:14pm
Thanks Z ,lol I just want to get out of this zone ideally down ,anyway low risk high reward


Quoting Zircon
Hope for you she goes there.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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