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Cable Update (GBPUSD)

  • #319,701
  • Jul 25, 2012 9:25am Jul 25, 2012 9:25am
Quoting Compulsive
400x would be better
lol
can you imagine?
SBAMMMM!!!!
90% of traders use TA, indicators and prediction
  • #319,702
  • Jul 25, 2012 9:25am Jul 25, 2012 9:25am
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.
Quote of the day.
  • #319,703
  • Jul 25, 2012 9:28am Jul 25, 2012 9:28am
Quoting _BBKing_
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
i have a bad feeling after that move today before GDP came out bad... i have a bad feeling we have enough momentum now to fall straight down to 5250.... , i wish im wrong because i also want to load more shorts.. but that Daily bearish continuation candle.... my god....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,704
  • Jul 25, 2012 9:30am Jul 25, 2012 9:30am
Quoting bguguen
i have a bad feeling after that move today before GDP came out bad... i have a bad feeling we have enough momentum now to fall straight down to 5250.... , i wish im wrong because i also want to load more shorts.. but that Daily bearish continuation candle.... my god....

which daily candle are you referring to?> yesterday?

if you are looking at today's candle how can you assess what it is until it closes?
I don't trust any move - when you have profit...take it.
  • #319,705
  • Jul 25, 2012 9:32am Jul 25, 2012 9:32am
Quoting bguguen
i have a bad feeling after that move today before GDP came out bad... i have a bad feeling we have enough momentum now to fall straight down to 5250.... , i wish im wrong because i also want to load more shorts.. but that Daily bearish continuation candle.... my god....
yes a tank if strong means we see price reaching 53 area like nothing to go for 52 then 1.5150. etc....
but actually i don't see daily bearish continuation. ok, if daily closes here or lower. but if closes higher can mean a strong reversal in demand area.
still a lot of hours left....
let's see.
90% of traders use TA, indicators and prediction
  • #319,706
  • Jul 25, 2012 9:33am Jul 25, 2012 9:33am
Quoting Flynchenberg
Quote of the day.
90% of traders use TA, indicators and prediction
  • #319,707
  • Jul 25, 2012 9:34am Jul 25, 2012 9:34am
uff.
tired to see these moves.
i leave for a while.
scaled out my position.

if goes up will get some profits.
if down... the stop loss is small % so no worry.

byebye and good luck
90% of traders use TA, indicators and prediction
  • #319,708
  • Jul 25, 2012 9:35am Jul 25, 2012 9:35am
Quoting bguguen
i have a bad feeling after that move today before GDP came out bad... i have a bad feeling we have enough momentum now to fall straight down to 5250.... , i wish im wrong because i also want to load more shorts.. but that Daily bearish continuation candle.... my god....
One more demand level @1.544350...They are very close to hitting it ...
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  • #319,709
  • Jul 25, 2012 9:38am Jul 25, 2012 9:38am
Quoting Faller
which daily candle are you referring to?> yesterday?

if you are looking at today's candle how can you assess what it is until it closes?
What close of the latest daily candle have you?..
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  • #319,710
  • Jul 25, 2012 9:39am Jul 25, 2012 9:39am
Quoting Paulenok
What close of the latest daily candle have you?..

I trade futures so my numbers will be different then yours.....I was just wondering what bearish candle he was referring to......
I don't trust any move - when you have profit...take it.
  • #319,711
  • Jul 25, 2012 9:43am Jul 25, 2012 9:43am
Quoting Faller
which daily candle are you referring to?> yesterday?

if you are looking at today's candle how can you assess what it is until it closes?
Yesterday gave me a Bullish Doji Daily candle, and indeed we made a rise today up to 555x, but 5540 is where the BIG EMA's came in on Higher TF charts... around 1.5550, i shorted at 1.5540
Knowing that move up was gona be bad... i even forcasted UK 's GDP to be at -0.5%, sorry for missing the target but -0.7% was the actual... but still its a bad bad data, bad enough to trigger a sell off.... what is so significant about those support at 1.5500 that you think is capable of blocking a dying UK economy??
All i see is on H4 charts we already broken and close below psych support of 1.5500, all i need is a Daily close below 1.5500 to be VERY sure that we are plummeting, if it closes below, ill be SHORTING again on a pullback.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,712
  • Jul 25, 2012 9:45am Jul 25, 2012 9:45am
Quoting bguguen
Yesterday gave me a Bullish Doji Daily candle, and indeed we made a rise today up to 555x, but 5540 is where the BIG EMA's came in on Higher TF charts... around 1.5550, i shorted at 1.5540
Knowing that move up was gona be bad... i even forcasted UK 's GDP to be at -0.5%, sorry for missing the target but -0.7% was the actual... but still its a bad bad data, bad enough to trigger a sell off.... what is so significant about those support at 1.5500 that you think is capable of blocking a dying UK economy??
All i see is on H4 charts we already broken...

I don't trust any move - when you have profit...take it.
  • #319,713
  • Jul 25, 2012 9:51am Jul 25, 2012 9:51am
Quoting bguguen
Yesterday gave me a Bullish Doji Daily candle, and indeed we made a rise today up to 555x, but 5540 is where the BIG EMA's came in on Higher TF charts... around 1.5550, i shorted at 1.5540
Knowing that move up was gona be bad... i even forcasted UK 's GDP to be at -0.5%, sorry for missing the target but -0.7% was the actual... but still its a bad bad data, bad enough to trigger a sell off.... what is so significant about those support at 1.5500 that you think is capable of blocking a dying UK economy??
All i see is on H4 charts we already broken...

Just remember if Merkle farts a nice juicy one that smells likes roses euro and pound will sky rocket....now that is an if........but she has been quite lately......
I don't trust any move - when you have profit...take it.
  • #319,714
  • Edited 10:11am Jul 25, 2012 9:53am | Edited 10:11am
Heres what i see... When Daily tells me to Short... and H4 telling me to Short and M30 tells me to short... Ignore the Top signal of M30... No way im taking a Bullish SIgnal when the Trend Gauge is showoing Bearish....
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Bullshit print driver... but as you can see.... trend gauges are saying bearish everywhere... so only take shorts on signaled candles...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,715
  • Jul 25, 2012 9:56am Jul 25, 2012 9:56am
Quoting Faller
Just remember if Merkle farts a nice juicy one that smells likes roses euro and pound will sky rocket....now that is an if........but she has been quite lately......

I just heard that Merkle squeaked out a puffer - waiting for comments on the scent.....
I don't trust any move - when you have profit...take it.
  • #319,716
  • Jul 25, 2012 10:01am Jul 25, 2012 10:01am
Wow the up move we had today closed the weekend gap we had on EURUSD....
Look and be impressed....
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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,717
  • Jul 25, 2012 10:15am Jul 25, 2012 10:15am
Weekly rejection at ma's with due rejection candle & follow through , not any visible temporary support over 5361 here also .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #319,718
  • Jul 25, 2012 10:19am Jul 25, 2012 10:19am
Quoting fontu
Weekly rejection at ma's with due rejection candle & follow through , not any visible temporary support over 5361 here also .
fontu
Thank you fontu, and i thought i was mad when everyone here is trying to Long and already broken psych 5500 support....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,719
  • Jul 25, 2012 10:28am Jul 25, 2012 10:28am
Quoting Faller
Just remember if Merkle farts a nice juicy one that smells likes roses euro and pound will sky rocket....now that is an if........but she has been quite lately......
Actually No.... if Merkel makes a fart to push EURO up, ill see EURO up to 1.25 and ill prolly short there...
MERKEL's Fart only affects the EURO, EURO can get a temporary rally but will fall back down on Dollar Strength
but i see nothing but down for the GBP Especially when UK may have to increase QE, meaning ease the POUND further, together with a Rising Dollar Strength... in fact im a strong believer of EURGBP revisiting 0.80, i could be wrong but we'll see....

Like i said... my Yearly target is for EURO to reach 1.25 and Euro reached and breached... so im expecting a pull back on EURO, but as for GBP... im expecting GBPUSD to reach 1.50 by year end.... so still further drop to come....

By the way... the way EURGBP acted lately, the correlation of EURO and the GBP though strong, is ever so slightly losing that Golden Linkage....
i guess if that has anything to do with Cameron's idea of disconnecting itself from the Eurozone thinking hes the big boss... now he must feel like an idiot, calming the UK citizens after 2 quarters of negative GDP saying this quarter we will see GDP back in positive.... only to see GDP now at -0.7%, i wonder if this has anything to do with manipulating with LIBOR interest rates...
OH YES it does..... their pushing up of LIBOR interest rates does bring up demand for POUND from abroad due to Hot Money Flow... But with Higher interest rates, UK people will borrow less to spend on domestic consumption and investment... HENCE the GDP formula of C+I+G+(X-M) gives us EVEN LOWER GDP as we've witnessed...
SIMPLE economics there....

And they say Manipulation dont exist.... i wonder what cloggie meant when he said the GBPUSD is too manipulated for him to trade.... oh well I guess he's just as nuts as i am....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,720
  • Jul 25, 2012 10:41am Jul 25, 2012 10:41am
Quoting bguguen
Actually No.... if Merkel makes a fart to push EURO up, ill see EURO up to 1.25 and ill prolly short there...
MERKEL's Fart only affects the EURO, EURO can get a temporary rally but will fall back down on Dollar Strength
but i see nothing but down for the GBP Especially when UK may have to increase QE, meaning ease the POUND further, together with a Rising Dollar Strength... in fact im a strong believer of EURGBP revisiting 0.80, i could be wrong but we'll see....

Like i said... my Yearly target is for EURO to reach 1.25 and Euro reached and breached......
One piece of advice for you - be more flexible to other peoples thoughts - every time someone mentions something to you....you always say...no no no...this is the way it is and this is the only way it is. Keep your young mind open to many options....be humble. You know as well as I do....that yesterday or the day before you said that you shorted at 1.5501 then added at 1.5519 and then added at 1.5540 - well you have taken more heat on the short trade then you have in gains..........try and be flexible to other people....you can rub people the wrong way when you come off so high and mighty.............take my words for what they are.....just words.....no harm meant.
I don't trust any move - when you have profit...take it.
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