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Cable Update (GBPUSD)

  • #317,681
  • Jun 28, 2012 4:42am Jun 28, 2012 4:42am
Good day to you.

Long scalp @ 1.5541

Regards
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  • #317,682
  • Jun 28, 2012 4:50am Jun 28, 2012 4:50am
Quoting PoundTrader
yep i can GUARANTEE we will see 1.5000 and 1.6000 again, i just don't know when but trust me will will see those prices gain i bet my life on it
i stutter in real life now im typing the way i talk
  • #317,683
  • Jun 28, 2012 4:53am Jun 28, 2012 4:53am
Quoting PoundTrader
i stutter in real life now im typing the way i talk
mate if you make loads of pips every day nobody will notice...it's like beautiful women with soccer players...they never notice the amount of words they can speak ...it's all bout the money
  • #317,684
  • Jun 28, 2012 4:54am Jun 28, 2012 4:54am
Quoting bguguen
Well heres the thing... UK in negative GDP...
even if US GDP falls i suspect it stays Positive...
Investors dont really care when they trade wether if the coming USD GDP is gona come out shit...

the USD has an advantage, nearly the whole world uses it as a medium today.... so when investors hold stuff like GDP, regardless if GDP fell in US or not...
Investors would definitely flood to the economy with a Higher GDP...

atleast US is growing better than UK even if US gdp may slow... still growing... against UK's Shrinking....
which one will you...
true!! in fact i'm closing my EUR trading account and moving to USD (already done 1) and something else. maybe AUD (still around parity, despite all these things around).
i don't believe in EUR at all. so much that i really don't trade it anymore!!
GBP better than EUR but still so much correlated economies.
GDP data i agree, can be lower but still better than UK ones.
Actually pressure in EU GU etc... is still very high so looking for shorts is better. Infact whole week i shorted a lot the GU. ok also went long but mainly in short.

this situation will change if wee see EU price stable again between 1.25-1.27 area. light years far actually.

now the problems in GU techs: even if we see a double bottom at actual lows (1.52 area) means a clear breaking of upward momentum.
everything is lined up for more down. God knows what the hell could come out from the fucking summit to change this situation.
90% of traders use TA, indicators and prediction
  • #317,685
  • Jun 28, 2012 4:55am Jun 28, 2012 4:55am
Quoting redbeben
mate if you make loads of pips every day nobody will notice...it's like beautiful women with soccer players...they never notice the amount of words they can speak ...it's all bout the money
Hehe, that is true.

Cable testing hourly low now.
  • #317,686
  • Jun 28, 2012 4:56am Jun 28, 2012 4:56am
Quoting redbeben
mate if you make loads of pips every day nobody will notice...it's like beautiful women with soccer players...they never notice the amount of words they can speak ...it's all bout the money
thats why my girlfirend is still with me
  • #317,687
  • Jun 28, 2012 4:56am Jun 28, 2012 4:56am
Was this candle a bull trap?
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"Men who can both be right and sit tight are uncommon."
  • #317,688
  • Jun 28, 2012 4:56am Jun 28, 2012 4:56am
nice drop
  • #317,689
  • Jun 28, 2012 4:58am Jun 28, 2012 4:58am
Quoting PoundTrader
thats why my girlfirend is still with me
You better make sure she didnt catch you cheating on her for that girl called... whats that name again?? Pips as in Pippa... AHAHAH
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #317,690
  • Jun 28, 2012 5:00am Jun 28, 2012 5:00am
Quoting PoundTrader
thats why my girlfirend is still with me
90% of traders use TA, indicators and prediction
  • #317,691
  • Jun 28, 2012 5:00am Jun 28, 2012 5:00am
Quoting TauTrader
Good day to you.

Long scalp @ 1.5541

Regards
price is playing a dirty game!
90% of traders use TA, indicators and prediction
  • #317,692
  • Jun 28, 2012 5:07am Jun 28, 2012 5:07am
anyway... talking about EU n GU...
giving the sum of:
no central government, no central banking system, no cetral fiscal laws etc... bad economy, huge debts, crack in banking system etc.... actually EU rate should be at least 1:1. but still 25% stronger than usd.

what the hell is holding it?
the hope? the speculation?

at least GBP has a centralized governement and fiscal+banking system. so of course, it will keep being stronger than EU infact the Egbp rate is good.

but in the same time, too much lower Egbp, could become a problem for UK economy. So that's why GU follows EU in the down move.

damn damn EURO. i think the whole world is hating it very much!!
90% of traders use TA, indicators and prediction
  • #317,693
  • Jun 28, 2012 5:08am Jun 28, 2012 5:08am
just for fun
http://www.dukascopy.com/tv/#79162
90% of traders use TA, indicators and prediction
  • #317,694
  • Jun 28, 2012 5:21am Jun 28, 2012 5:21am
Quoting redbeben
1.5593 is the limit.if we close above that one we see 1.5611

1.5777 and above it 1.5906 ...later 1.6060 and 1.628X area

I don't want to be and idiot here but I can ''GUARANTEE'' 1.6060 level

but ....dunno when...

for now I will be pleased to see 1.5593 so I can lock some pips then I can go to sleep

p.s. is anyone here a position trader ? I mean anybody else trying to be brave like me and hold a position for more than 50 pips ?

oopps plans changed

1.5645 as it looks now and 1.5610-11 as half move
  • #317,695
  • Jun 28, 2012 5:23am Jun 28, 2012 5:23am
Quoting _BBKing_
anyway... talking about EU n GU...
giving the sum of:
no central government, no central banking system, no cetral fiscal laws etc... bad economy, huge debts, crack in banking system etc.... actually EU rate should be at least 1:1. but still 25% stronger than usd.

what the hell is holding it?
the hope? the speculation?

at least GBP has a centralized governement and fiscal+banking system. so of course, it will keep being stronger than EU infact the Egbp rate is good.

but in the same time, too much lower Egbp, could become...

one hint ?

Arabs

EU goes down oil exports go lower ..with the price as well.

so....in order to have a healthy economy in EU meaning more money for the oil...arabs have to push EU higher....at least they kick the can as much as they can


or a much more simple explanation....EU keeps high or low just to be on the opposite with all your trades

I think this forum is in the middle of a conspiracy wortex.....we're all gonna be sucked in
  • #317,696
  • Jun 28, 2012 5:40am Jun 28, 2012 5:40am
Quoting _BBKing_
price is playing a dirty game!
Good day to you,

Can be dirty too...

Regards
  • #317,697
  • Jun 28, 2012 5:41am Jun 28, 2012 5:41am
sold USD CAD @ 1.0267 TP 1.0235-1.0226

sold USD CHF @ 0.9660 first TP 0.9630 and last 0.9600
  • #317,698
  • Jun 28, 2012 5:54am Jun 28, 2012 5:54am
Quoting redbeben
one hint ?

Arabs

EU goes down oil exports go lower ..with the price as well.

so....in order to have a healthy economy in EU meaning more money for the oil...arabs have to push EU higher....at least they kick the can as much as they can


or a much more simple explanation....EU keeps high or low just to be on the opposite with all your trades

I think this forum is in the middle of a conspiracy wortex.....we're all gonna be sucked in
main problems with lower oil prices will bu in russia....
arabs? if west side of the world will not spend money to go visit dubai, maybe will be the east side or the southern.
arabs are not worried imo....

anyway, about your earlier questioN. me! i'm trying something more than 30-50 pips but not in forex, not in these conditions and not now.
forex is way much volatility
90% of traders use TA, indicators and prediction
  • #317,699
  • Jun 28, 2012 5:55am Jun 28, 2012 5:55am
Quoting TauTrader
Good day to you,

Can be dirty too...

Regards
90% of traders use TA, indicators and prediction
  • #317,700
  • Jun 28, 2012 6:24am Jun 28, 2012 6:24am
uhm
was it my long entry to move so much price up??


ok done last scalp of the week.
see you all next week (maybe)

good luck with the summit farts and with end of month corrections.
enjoy your weekend
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