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Cable Update (GBPUSD)

  • #318,081
  • Jul 4, 2012 10:02am Jul 4, 2012 10:02am
Quoting PoundTrader
im not trading this week im partying, if i was short it would of been at 1.5692 with a t/p at 1,5585, good luck to all
Ahh good... as i suspected... ill keep my TP at 1.5550 then
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #318,082
  • Jul 4, 2012 10:03am Jul 4, 2012 10:03am
Quoting redbeben
I am long now @1.5602 and about to load again @ 1.5570-75 area for some more

TP 1.5770 area and above.

SL....I'm not gonna use any SL on this one

p.s. joking,I'll SL @ 1.5470

the lower we go the more I load long
you miss a lot of shorts,
  • #318,083
  • Jul 4, 2012 10:04am Jul 4, 2012 10:04am
Quoting bguguen
Ahh good... as i suspected... ill keep my TP at 1.5550 then
im drunk ,one thing i never do is trade while im drunk, good luck to all
  • #318,084
  • Jul 4, 2012 10:09am Jul 4, 2012 10:09am
oh boy, shit is getting deep, watch out for more downtrend, good luck to all
  • #318,085
  • Jul 4, 2012 10:29am Jul 4, 2012 10:29am
.
Quoting iqyu5an
http://www.forexfactory.com/attachme...1&d=1341308074
http://www.forexfactory.com/attachme...1&d=1341386138
Quoting iqyu5an
.
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not euphoria follower
  • #318,086
  • Jul 4, 2012 10:42am Jul 4, 2012 10:42am
Quoting bguguen
poor guy... he thought the bulls were being sucked in... all he needed to do was open up the daily chart to realise that shot up on last friday euro summit doesnt change the fact that GBPUSD's been in a long term Downtrend.... poor guy....
and tech signals are showing up as so...
Pre Olympic- weakness is also quite expected.... no economy would be stupid enough to strengthen their currency when tourists are coming to spend... you want to make ur currency cheaper so tourists will spend more!!! not the other way around....
simple economics bros.......
you have turned from an inquisitive individual to a solid asshole.

Back to your roots boy.

I'm serious.

Regards
  • #318,087
  • Jul 4, 2012 10:54am Jul 4, 2012 10:54am
Quoting TauTrader
you have turned from an inquisitive individual to a solid asshole.

Back to your roots boy.

I'm serious.

Regards
, what happen?
  • #318,088
  • Jul 4, 2012 10:59am Jul 4, 2012 10:59am
Quoting TauTrader
you have turned from an inquisitive individual to a solid asshole.

Back to your roots boy.

I'm serious.

Regards
i still am inquisitive with the techs... but mate my fundies are as solid as me being an asshole...
the bitch dived as Sterling investors fled away from the sterling as soon as they hear barclay's under investigation (didnt i say that Sterling is being manipulated?? sorry i didnt say in what means they were manipluating or Which BIG BOY was manipulating it...), QE is also hyped for 75 billion etc etc.... DIDNT I SAY 3 months back when UK had their negative GDP that they will PRINT MONEY to save their ass?? PLEASE....
I already knew the Fundies are pushing the Pound down.... i wonder are we gona visit 1.63 again anytime sooner than 1.52?? pretty sure not!
in fact i'll personally SHORT it when it gets to 1.60 again.... i already got 1.58 as a pending short too... go figure....

All i needed was some technical levels to tell me where to enter shorts... but when FUNDIES say DOWN... the LONG TERM TREND IS DOWN... DEAL WITH IT!!!

Seriously... YOU"RE A CHARTIST.... so its only normal to find you peaceful with fellow tech traders, as soon as someone says otherwise using Fundies... you'd go hammer their ass, perhaps you should be open minded as i did with using Techs to analyse where best to enter a trade??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #318,089
  • Jul 4, 2012 11:05am Jul 4, 2012 11:05am
this one ?
Attached Image (click to enlarge)
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not euphoria follower
  • #318,090
  • Jul 4, 2012 11:13am Jul 4, 2012 11:13am
I am sure nobody wants to get banned again.......
I don't trust any move - when you have profit...take it.
  • #318,091
  • Jul 4, 2012 11:22am Jul 4, 2012 11:22am
Quoting Faller
I am sure nobody wants to get banned again.......
well im sure i dont....but cant i take a little bit of credit for something i've warned about 3 months back??
and yet i get crucified all over again....
you know what... fuck it... see you all when i see you all... in the mean time ill leave the tech traders (who were wondering why GBPUSD tanked so much today) alone....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #318,092
  • Jul 4, 2012 12:02pm Jul 4, 2012 12:02pm
Quoting redbeben
sold GU @ 1.5688 TP 1 @ 1.5636 (1.5640 due to spread)
TP2 @ 1.5606-1.5610 (1.5606 is the level aimed) and last TP 1.5573-75
@PT-not quite,I've been shorting since 29th of June all the tops we had targeting the leves we saw today.still trailed some small shorts but I had no balls to enter short again as the charts were not pointing it for me.....you guys obviously saw a different thing.

I see the trends in advance but many times I exit before last TP coz it makes no sense to me to sit and wait.

so....I cashed in a lot on this down move anyway

now,I'm already 30 pips up and I target the highest highs possible

first 1.5770-5784 and later I'll see what will be



now as long term and about the QE and Olympics....I've been talking about it last week and this week,but those are no fundies at all.

there are no fundies in trading I am afraid.

QE will probably be tmr or probably not

there will either be 50 bln or 75 bln or nothing at all....so....who can tell ?


as for the olympics easing...when all expect an ease there is something wrong as they will do the opposite

and there is a crysis...who's gonna go see the olympics?


there is no fundie trading in my oppinion...i sometimes think(rarely i admitt)of the reasons and global thigs but no way.

if market wants to move it will move.if fundies told us eu will drop but all it did was to climb for 400 pips....who the hell has the balls or pockets to hold such a big DD

a real trader trades some 1 lot per trade so this would be 4k DD

I don't have the balls to do it

so techs and small TFS will just bring me what I need
  • #318,093
  • Jul 4, 2012 12:05pm Jul 4, 2012 12:05pm
and now with the chart posted on the 29th
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  • #318,094
  • Jul 4, 2012 12:10pm Jul 4, 2012 12:10pm
gbpusd
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  • #318,095
  • Jul 4, 2012 12:12pm Jul 4, 2012 12:12pm
Quoting bguguen
well im sure i dont....but cant i take a little bit of credit for something i've warned about 3 months back??
and yet i get crucified all over again....
you know what... fuck it... see you all when i see you all... in the mean time ill leave the tech traders (who were wondering why GBPUSD tanked so much today) alone....
Don't get me wrong I think Fundies are great , but there are some things Fundies can't explain like Prices going up despite all the bad data out there..lol . Your chart will always tell you more about what everyone is thinking(Well, People that matter..) or better still , what majority are actually doing .
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  • #318,096
  • Jul 4, 2012 12:16pm Jul 4, 2012 12:16pm
one last fundie thing for the belivers.
tmr there might be a rate cut on EU meaning EU might rocket so GU will follow
  • #318,097
  • Jul 4, 2012 12:24pm Jul 4, 2012 12:24pm
Quoting redbeben
one last fundie thing for the belivers.
tmr there might be a rate cut on EU meaning EU might rocket so GU will follow
" ECB may surprise and do nothing; BOE will extend QE..." Another headline ..

I say " Your chart will make the first announcement " ..lol

Happy fourth ....
  • #318,098
  • Jul 4, 2012 12:48pm Jul 4, 2012 12:48pm
Quoting bguguen
i still am inquisitive with the techs... but mate my fundies are as solid as me being an asshole...
the bitch dived as Sterling investors fled away from the sterling as soon as they hear barclay's under investigation (didnt i say that Sterling is being manipulated?? sorry i didnt say in what means they were manipluating or Which BIG BOY was manipulating it...), QE is also hyped for 75 billion etc etc.... DIDNT I SAY 3 months back when UK had their negative GDP that they will PRINT MONEY to save their ass?? PLEASE....
I already knew the Fundies...
Good day to you, youngster

There you go yet again - jumping to conclusions...

I have zero issue with fundamental traders. Zero issue with chartists. Zero issue with star gazers.

It is the way you conduct yourself. That is my problem.

Anyone here can go back 3 months. I'm sure there is one or the other level hit. Somewhere. I was in front of a television in Italy in 1995. The JPY was at 130 to the USD... I wondered why so much. Today, I'll be a hero. In 1991 - I told one of my friends' dad to buy gold shares. Gold was @ $ 252.00/oz.

I'm not going to call him today and tell him " F*cken A dude - I told you so!"

Here is my gripe....

Do you ever - but ever - see a professional shouting out: I TOLD YOU SO!!! No.

go about your trades - either based on fundies - or otherwise. Make your profit. Enjoy the fact that you have analized the market correctly. But do not come here telling the world " I TOLD YOU SO!"

That's lame and immature.

BTW - I was defending you on the EU thread the other day. Going at Geppy. You jumped to conclusions and removed your V.

If you look a bit deeper - I was stirring him. Not you.

Does not matter.

Go back to your roots, dude.

Regards
  • #318,099
  • Jul 4, 2012 1:26pm Jul 4, 2012 1:26pm
good day to you,

case in point... only a few days ago I asked if EUR/JPY long and GU/JPY longs were a possible trade...

You basically told me that I would be insane...

See what happened? Both made money. Do I come on this board and shout out that I have f*cken told you so? NO. I DO NOT.

This market will kill you in an instant. Be greatful for the times you were right.

I rest my case. Take care, B - send me regards to your dad. I know you adore him.

All success to you

regards
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  • #318,100
  • Jul 4, 2012 2:42pm Jul 4, 2012 2:42pm
Quoting TauTrader
Good day to you, youngster

There you go yet again - jumping to conclusions...

I have zero issue with fundamental traders. Zero issue with chartists. Zero issue with star gazers.

It is the way you conduct yourself. That is my problem.

Anyone here can go back 3 months. I'm sure there is one or the other level hit. Somewhere. I was in front of a television in Italy in 1995. The JPY was at 130 to the USD... I wondered why so much. Today, I'll be a hero. In 1991 - I told one of my friends' dad to buy gold shares. Gold was @ $ 252.00/oz....
Actually TT, reminds me of a guy I saw walking through an inner west Sydney shopping mall in early 90's telling everyone to buy gold. He was looking kind of shabby and had this wild crazy look in his eye, so I thought nothing of it.
DAMN!, I hate those SMART down and out crazy types.
Come with me if you want to live....
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