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Cable Update (GBPUSD)

  • #319,681
  • Jul 25, 2012 8:20am Jul 25, 2012 8:20am
Quoting corpo30
My anticipation about NEW HOME SALES and its effect on GBP/USD: Most likely New Home Sales data from USA will come a bit worse than expected And will help G/U to rise.
Negative US data affect 45 or 60 minutes after to push up g/u .

What you guys think? I am writing this to discuss with you on these matter.

new home sale data from the usa has been solid of late and i dont see that changing on this release
Money never sleeps...
  • #319,682
  • Jul 25, 2012 8:32am Jul 25, 2012 8:32am
Quoting _BBKing_
this is what stop loss was born for .
of course.... this is not a bearish move. this is NY moving down to buy at best price because they were sleeping when happened.
only a clear breaking of 5468 will mean more down.
this is what i meant.
move down to lowest at NY opening, fuck 5 pips below to trigger stop loss and sell stops.
more liquidity.
pull the can on buy orders.
and go with the flow.

on and on and on.
small quantity of people have too much power.

things will change soon.
fuck you.

meanwhile.... i reloaded my position with 3xsize.
cashed 2x and leave the remaing to run.

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  • #319,683
  • Jul 25, 2012 8:34am Jul 25, 2012 8:34am
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  • #319,684
  • Jul 25, 2012 8:55am Jul 25, 2012 8:55am
Cable setting up for an upshoot to 1.5720
The only way not to think about money is to have a great deal of it
  • #319,685
  • Jul 25, 2012 9:04am Jul 25, 2012 9:04am
Quoting Makavelli7
Cable setting up for an upshoot to 1.5720
1.5374 still in play IMHO.1.5404-07 a better level to go long

1.5374 a perfect level to long for 90 pips up.
  • #319,686
  • Jul 25, 2012 9:04am Jul 25, 2012 9:04am
As my anticipation US home sales came worse than expected , but the deviation is not big. Let us see what market reacts , i am thinking that E/U will start upward move after 15-30 minutes. I am saying this because i have seen similar effect of USD on eur/usd pair. And, GBP/USD will also ..
  • #319,687
  • Jul 25, 2012 9:05am Jul 25, 2012 9:05am
Quoting Makavelli7
Cable setting up for an upshoot to 1.5720
ok & very likely also as my next big failure level still the same 1.58/59/60** + but now the problem is which level earlier than it ,1.51** or 1.4770?or not at all??
first decision present at 5392 ,present range bottom or 5263 again , next range bottom.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #319,688
  • Jul 25, 2012 9:07am Jul 25, 2012 9:07am
anyone else see that it looks likes gbp wants to hold and move higher.....?????
I don't trust any move - when you have profit...take it.
  • #319,689
  • Jul 25, 2012 9:08am Jul 25, 2012 9:08am
Quoting _BBKing_
this is what i meant.
move down to lowest at NY opening, fuck 5 pips below to trigger stop loss and sell stops.
more liquidity.
pull the can on buy orders.
and go with the flow.

on and on and on.
small quantity of people have too much power.

things will change soon.
fuck you.

meanwhile.... i reloaded my position with 3xsize.
cashed 2x and leave the remaing to run.

Yes, the bloody g/u took my stop of one long of G/u and i lost half of today's profit. And now it will go up, but i have not taken long in g/u even after bad US home sales data. Instead, i took a long in e/u now. I thought EUR is stronger than GBP today. What you think buddy ? I always read your post and you write with relevancy that i like.
  • #319,690
  • Jul 25, 2012 9:12am Jul 25, 2012 9:12am
Quoting Faller
anyone else see that it looks likes gbp wants to hold and move higher.....?????
me.
but the bastards are confusing the whole thing.

damn dirty bastards.
luckily i'm playing small lots, but waiting to see something for a good position.
problem is that when the thing will move up (or down) will simply explode.
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  • #319,691
  • Jul 25, 2012 9:13am Jul 25, 2012 9:13am
Quoting _BBKing_
me.
but the bastards are confusing the whole thing.

damn dirty bastards.
luckily i'm playing small lots, but waiting to see something for a good position.
problem is that when the thing will move up (or down) will simply explode.

I hear all contries going to the Olympics are buying their pounds today.....it will rocket up!!!
I don't trust any move - when you have profit...take it.
  • #319,692
  • Jul 25, 2012 9:14am Jul 25, 2012 9:14am
Quoting corpo30
Yes, the bloody g/u took my stop of one long of G/u and i lost half of today's profit. And now it will go up, but i have not taken long in g/u even after bad US home sales data. Instead, i took a long in e/u now. I thought EUR is stronger than GBP today. What you think buddy ? I always read your post and you write with relevancy that i like.
be careful with euro.
yes today seems better than gbp.
got a great position in EJ this morning.

the gbp is never easy to trade, but today they passed the line imo.
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  • #319,693
  • Jul 25, 2012 9:14am Jul 25, 2012 9:14am
I see gbpusd likely clear break and close below previous support of 1.5500, tomorrow if we get a pullback to test 1.5500 as resistance i will look to load up shorts, h4 candle beatish doji candle shows a clear rejection at 1.5550 or as i like to say, where a pack of ema's are at, today is a clear bearish continuation pattern, good luck to people longing, i would advise these bulls to look at dauly and look what candle we have, daily we had a bullish doji yesterday which gave us that upmove today and we are likely to end the day with a bearish engulfing that bull doji yesterday.... Good luck folks
Im still holding 1.5540 shorts
We live in a finite world with infinite possibilities.
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  • #319,694
  • Jul 25, 2012 9:15am Jul 25, 2012 9:15am
Quoting Faller
anyone else see that it looks likes gbp wants to hold and move higher.....?????
Short from 1.55148 since 5:50am and getting hemorrhoids
  • #319,695
  • Jul 25, 2012 9:18am Jul 25, 2012 9:18am
i would like to have 1 trillion account and kill market fuckers in one fucking move with a 100x leverege and eat all their money.
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  • #319,696
  • Jul 25, 2012 9:21am Jul 25, 2012 9:21am
Quoting Compulsive
Short from 1.55148 since 5:50am and getting hemorrhoids

I am not perfect at all - but I have been warning for the past day or so to watch your shorts......time will tell as it always does. All the bad news out there and there is not much bad news out of UK - ok GDP missed but was it priced in? They new it would be low because of Julbiliee - I heard the other day GBP was benefiting of safe heaven inflows......so who the heck knows.

Faller.
I don't trust any move - when you have profit...take it.
  • #319,697
  • Jul 25, 2012 9:22am Jul 25, 2012 9:22am
Quoting _BBKing_
i would like to have 1 trillion account and kill market fuckers in one fucking move with a 100x leverege and eat all their money.
400x would be better
  • #319,698
  • Jul 25, 2012 9:22am Jul 25, 2012 9:22am
Quoting bguguen
I see gbpusd likely clear break and close below previous support of 1.5500, tomorrow if we get a pullback to test 1.5500 as resistance i will look to load up shorts, h4 candle beatish doji candle shows a clear rejection at 1.5550 or as i like to say, where a pack of ema's are at, today is a clear bearish continuation pattern, good luck to people longing, i would advise these bulls to look at dauly and look what candle we have, daily we had a bullish doji yesterday which gave us that upmove today and we are likely to end the day with a bearish engulfing...
i would also like to short.
but not here at these levels.
at least near 5600.
or as you also say... maybe tomorrow things will be more clear.
time will tell.
for the moment, hard work to move price below this level.
i wonder what could happen if the level goes
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  • #319,699
  • Jul 25, 2012 9:22am Jul 25, 2012 9:22am
Quoting _BBKing_
i would like to have 1 trillion account and kill market fuckers in one fucking move with a 100x leverege and eat all their money.
ho ha ha ha LMAO
  • #319,700
  • Jul 25, 2012 9:24am Jul 25, 2012 9:24am
Quoting Compulsive
Short from 1.55148 since 5:50am and getting hemorrhoids

i think today better play small lots in both sides......
scary moves
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