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Cable Update (GBPUSD)

  • #317,781
  • Jun 29, 2012 4:34am Jun 29, 2012 4:34am
Quoting redbeben
can't help it

sold EU @1.2585 TP 1.2525 and 1.2495

I'll buy there and buy on GU again @ 1.5600-1.5590


in half lot @ 1.5599 will load another half @ 1.5590-82

TP the sky
  • #317,782
  • Jun 29, 2012 4:39am Jun 29, 2012 4:39am
I'm in 1.5586

I hope 50% fibo @ 1.5581 will hold and shoot it to the sky
  • #317,783
  • Jun 29, 2012 4:39am Jun 29, 2012 4:39am
Quoting Faller
@ iqyu5an

wow great insight you just wrote to all of us - thanks for sharing how you are going to position yourself in terms of price action and market sentiment - this will help many traders especially the new traders.

thank you.....

Faller.
You guys really need to bury the hatchet.

I'm on drink number 3 and doin' fine.

I got to read up on what the GOV said.
Any summary?
Come with me if you want to live....
  • #317,784
  • Jun 29, 2012 4:39am Jun 29, 2012 4:39am
selling is where the money was this week, i always pick a side before the week begin and pretty much stick to it unless a major trend change happens
  • #317,785
  • Jun 29, 2012 4:46am Jun 29, 2012 4:46am
descending 1hr trend line (green wide dotted) breeched to the upside in move up today not offering any support on test from the topside pullback...price @/around that 50% now 5483-5678

Will it hold ?

G/L
Attached Image (click to enlarge)
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ex member
  • #317,786
  • Jun 29, 2012 4:50am Jun 29, 2012 4:50am
GBPUSD in a nice move today but check the USD hammer on the USDLFX
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  • #317,787
  • Jun 29, 2012 4:56am Jun 29, 2012 4:56am
Quoting Makavelli7
Gu is in a state of total indecision, and at times like this, my money stays where it should be, IN MY F...... BANK!!
Oh Lord!!! I just checked again and my loot's stil there.
The only way not to think about money is to have a great deal of it
  • #317,788
  • Jun 29, 2012 5:02am Jun 29, 2012 5:02am
61.8% 5808-5678 the current pullback lo - is this previous 1hr swing hi zone (prev resistance) where the buyers will re-emerge ? - tested top of it at that aforementioned fib.

G/L
Attached Image
ex member
  • #317,789
  • Jun 29, 2012 5:07am Jun 29, 2012 5:07am
Quoting Makavelli7
Oh Lord!!! I just checked again and my loot's stil there.
Don't leave it there too long dude, it will be worth jack shit soon
Come with me if you want to live....
  • #317,790
  • Jun 29, 2012 5:14am Jun 29, 2012 5:14am
Quoting bbmac
61.8% 5808-5678 the current pullback lo - is this previous 1hr swing hi zone (prev resistance) where the buyers will re-emerge ? - tested top of it at that aforementioned fib.

G/L

yes yes i m a buyer
  • #317,791
  • Jun 29, 2012 5:25am Jun 29, 2012 5:25am
Quoting Ill-b-back
Don't leave it there too long dude, it will be worth jack shit soon
dont worry miss, its in US$!!!
The only way not to think about money is to have a great deal of it
  • #317,792
  • Jun 29, 2012 5:29am Jun 29, 2012 5:29am
Quoting Makavelli7
dont worry miss, its in US$!!!
Precisely
Come with me if you want to live....
  • #317,793
  • Jun 29, 2012 5:37am Jun 29, 2012 5:37am
Quoting Makavelli7
dont worry miss, its in US$!!!
wount be too surprised if we end today at 1.5400. THIS IS ACCOUNT BLOWING SEASON! Dont leave your umbrellas at home ladies!!!
The only way not to think about money is to have a great deal of it
  • #317,794
  • Jun 29, 2012 5:38am Jun 29, 2012 5:38am
Quoting redbeben
I'm in 1.5586

I hope 50% fibo @ 1.5581 will hold and shoot it to the sky
1.5691-95 is the top now....Monday looks better for this top but it might go there in the next 3 hours
  • #317,795
  • Jun 29, 2012 5:42am Jun 29, 2012 5:42am
and now with the chart attached
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  • #317,796
  • Jun 29, 2012 6:20am Jun 29, 2012 6:20am
Quoting redbeben
and now with the chart attached
now who would have guessed ???

TP1 done
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  • #317,797
  • Jun 29, 2012 7:23am Jun 29, 2012 7:23am
hmmm...playing by the book

anyway I shorted EU again @ 1.2620 now and shorted UCAD.....


please be advised we are about cloud on GU so next stop is 1.5605-08 if we go down (and we should) and the other stop up is 1.5660
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  • #317,798
  • Jun 29, 2012 7:36am Jun 29, 2012 7:36am
Quoting redbeben
hmmm...playing by the book

anyway I shorted EU again @ 1.2620 now and shorted UCAD.....


please be advised we are about cloud on GU so next stop is 1.5605-08 if we go down (and we should) and the other stop up is 1.5660

can I count 1.5658 as 1.5660

I locked all @ 1.5640 now waiting either for the very top up @ 1.5690 or 1.5605
  • #317,799
  • Jun 29, 2012 7:45am Jun 29, 2012 7:45am
Quoting redbeben
1.5691-95 is the top now....Monday looks better for this top but it might go there in the next 3 hours
damn this was fast

moved SL to 1.5655 now
  • #317,800
  • Jun 29, 2012 7:48am Jun 29, 2012 7:48am
pay attention coz we might have doubletopped now @ 1.5678...

protect your profit
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