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Cable Update (GBPUSD)

  • #317,581
  • Edited 11:59pm Jun 27, 2012 11:48pm | Edited 11:59pm
just turn ON my chart again

how many ? hohohoo i have 3 persian kitten ( beside bat.gartley,butterfly& shark ) in my room ..they're my friends while trading so no stress needed here

when market play crazy with me .... i skip my chart and play with my kitten hahhaha...
Quoting Ill-b-back
Well I'll be a dogs breakfast, how many pets do you have man?
These are crazy times so anything can happen I guess.
not euphoria follower
  • #317,582
  • Jun 27, 2012 11:53pm Jun 27, 2012 11:53pm
u're welcome bro...

about harsh words ....... which one and when ? i forgot...... ah just skipped if it's really occured hhahahha no big problem .

past is past but i do really forgot ....
Quoting eggs
iqyu5an. First I would like to say I appreciate the time you take to post the harmonic patterns. It is an outlook on the market that is often overlooked here on the forum. Secondly. I would like to offer you a sincere apology for my harsh words to you a couple of months ago. I had no right to say the things that I did nor take the tone I did. I hope you will accept my apology.
not euphoria follower
  • #317,583
  • Jun 28, 2012 12:07am Jun 28, 2012 12:07am
Quoting bguguen
Loaded Short @ 1.5592, SL@ 1.5610, Initial TP (Scale out 70% on approach) @ 1.5550

Reasoning... We are under the EMA200 Green line on the M15, with previous rejections
MACD and Stochs are Rolling over to the downside
Top right indicators signalling an overall bearish trend, though H1 is a disagreeing, longer TF will prevail...
Attachment
Hi mate, i agree with your reason....but i am too worry with london season.... early in asian season EU was jump 40 pips so fast, i am worry this is indicate something fundamental...or it just a pullback..that's why i am waiting mate....but you have SL already, nothing you have to worry...Good luck Mate....nice you to be arround here again
  • #317,584
  • Jun 28, 2012 12:09am Jun 28, 2012 12:09am
Quoting iqyu5an
u're welcome bro...

about harsh words ....... which one and when ? i forgot...... ah just skipped if it's really occured hhahahha no big problem .

past is past but i do really forgot ....
Now we have the same pets...., so far i love it...unless they dissapoint me someday, I will put them to my fry pan for my dinner...
  • #317,585
  • Jun 28, 2012 12:19am Jun 28, 2012 12:19am
Quoting Red Alert
Hi mate, i agree with your reason....but i am too worry with london season.... early in asian season EU was jump 40 pips so fast, i am worry this is indicate something fundamental...or it just a pullback..that's why i am waiting mate....but you have SL already, nothing you have to worry...Good luck Mate....nice you to be arround here again
Hey red alert, you do realize Angela Merkel just dismissed Spain and Italy's Request for aid right??
as long as merkel is running the ECB..... we wont be seeing Europe Recovery....
the move up could very well be Short Covering Before the EURO summit.... just a precautionary move,
but i remain bearish as long TF charts suggests...

BTW learn not to trust Asian Session Moves, they are often Stop Hunting flows...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,586
  • Jun 28, 2012 12:28am Jun 28, 2012 12:28am
Good day to you,

Looks like the EURJPY and GBPJPY is setting up for reasonable longs... is it going to be JPY intervention or will we see EUR and GBP move higher over the next few sessions?

EURJPY currently @ 99.413
GBPJPY currently @ 123.883

Thoughts?

Regards
  • #317,587
  • Jun 28, 2012 12:29am Jun 28, 2012 12:29am
Quoting bguguen
Hey red alert, you do realize Angela Merkel just dismissed Spain and Italy's Request for aid right??
as long as merkel is running the ECB..... we wont be seeing Europe Recovery....
the move up could very well be Short Covering Before the EURO summit.... just a precautionary move,
but i remain bearish as long TF charts suggests...

BTW learn not to trust Asian Session Moves, they are often Stop Hunting flows...
Thank you for the information mate..... sure it will be part of my consideration, but i still need to find something to make me more confidence.......maybe next 2-3 hours .....
Regards
  • #317,588
  • Jun 28, 2012 12:33am Jun 28, 2012 12:33am
Quoting TauTrader
Good day to you,

Looks like the EURJPY and GBPJPY is setting up for reasonable longs... is it going to be JPY intervention or will we see EUR and GBP move higher over the next few sessions?

EURJPY currently @ 99.413
GBPJPY currently @ 123.883

Thoughts?

Regards
LONG?!?! with all that fear you're better going to move to safe havens like YEN dude...
still holding short on EJ....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,589
  • Jun 28, 2012 12:36am Jun 28, 2012 12:36am
no perfect system buddy ....

please check here
Quoting Red Alert
Now we have the same pets...., so far i love it...unless they dissapoint me someday, I will put them to my fry pan for my dinner...
not euphoria follower
  • #317,590
  • Jun 28, 2012 12:50am Jun 28, 2012 12:50am
Quoting iqyu5an
no perfect system buddy ....

please check here
I know it.....i don't ask my pet to give me 100% accuracy....70% is good, the next is = "the man behind the gun".....
  • #317,591
  • Jun 28, 2012 12:55am Jun 28, 2012 12:55am
Quoting bguguen
Hey red alert, you do realize Angela Merkel just dismissed Spain and Italy's Request for aid right??
as long as merkel is running the ECB..... we wont be seeing Europe Recovery....
the move up could very well be Short Covering Before the EURO summit.... just a precautionary move,
but i remain bearish as long TF charts suggests...

BTW learn not to trust Asian Session Moves, they are often Stop Hunting flows...
Lol...reading this comment at first I thought you were saying spain and Italy are predicted to be the final match team...hahaha..I thought you are the second elephant
I trade to live
  • #317,592
  • Jun 28, 2012 1:02am Jun 28, 2012 1:02am
i scaled out my position long in GU...
now it is a small one.

i let it run free till monday when i come back with a small stop loss near 5400.

good luck you all,

i'm switching off trading for some days
i need to relax!

hopefully when i will come back, euro will be disappeared from charts, and world economy will be in super growth.
90% of traders use TA, indicators and prediction
  • #317,593
  • Jun 28, 2012 1:02am Jun 28, 2012 1:02am
Quoting UbuFamily
Lol...reading this comment at first I thought you were saying spain and Italy are predicted to be the final match team...hahaha..I thought you are the second elephant
Jus kidding, ...i think italy won't win against germany in semifinal euro 2012...You know why?.....because angela merkel has the ace card..........otherwise the aid will be dismissed just like bguguen said.....???, or it really dismmised already.....???? italy will make revenge for what angela merkel did......

Peace.....

I just make long at 1587 targetting for 10-15 pips...just small size......
  • #317,594
  • Jun 28, 2012 1:04am Jun 28, 2012 1:04am
Quoting Red Alert
Jus kidding, ...i think italy won't win against germany in semifinal euro 2012...You know why?.....because angela merkel has the ace card..........otherwise the aid will be dismissed just like bguguen said.....???, or it really dismmised already.....???? italy will make revenge for what angela merkel did......

Peace.....

I just make long at 1587 targetting for 10-15 pips...just small size......
You do know italy had a riot yesterday??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,595
  • Jun 28, 2012 1:11am Jun 28, 2012 1:11am
Quoting PoundTrader
I did take another short at 1.5595, s/l 1.5673, t/p 1.5525 with half the lots i always trades, trying to keep 90% of the pips i made this week, good luck to all
not looking good for you,
  • #317,596
  • Jun 28, 2012 1:11am Jun 28, 2012 1:11am
You me both...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,597
  • Jun 28, 2012 1:12am Jun 28, 2012 1:12am
bad data on gbp still push up gbp/usd,weird
  • #317,598
  • Jun 28, 2012 1:13am Jun 28, 2012 1:13am
anyway... just after last look at charts.... the 5540-50 gives a good balance between supp and demand.
every time price was there recently, went slowly sideway and finally up.

this mean only 1 clear thing: a breake below it will give more pressure down in price. at least for further 80-100 pips to 5460-70 area.

so: stop loss for longs must be just below that level (5510-5520-5500).

good luck,
goodbye

p.s. italy - germany??? 3-2
90% of traders use TA, indicators and prediction
  • #317,599
  • Jun 28, 2012 1:14am Jun 28, 2012 1:14am
Quoting mikok730
bad data on gbp still push up gbp/usd,weird
Yep... weirdest Asian session ever... BTW London hasnt opened yet incase u were wondering....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,600
  • Jun 28, 2012 1:14am Jun 28, 2012 1:14am
Quoting PoundTrader
not looking good for you,
typical: lowering the size is to justify a possible mistake!
90% of traders use TA, indicators and prediction
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