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Cable Update (GBPUSD)

  • #320,761
  • Aug 6, 2012 8:02pm Aug 6, 2012 8:02pm
Quoting Ill-b-back
We are now below both TF 200EMAs but best to wait for a break I'd think. Unfortunately I am impatient and not at charts at all today/tonight due to work.
so letting the chips fall where they may.
I'm out until things are clearer
Come with me if you want to live....
  • #320,762
  • Aug 6, 2012 8:28pm Aug 6, 2012 8:28pm
Inserted Video



http://www.forexfactory.com/attachme...7&d=1344284902
not euphoria follower
  • #320,763
  • Aug 6, 2012 8:54pm Aug 6, 2012 8:54pm
faller where are you
  • #320,764
  • Aug 6, 2012 9:50pm Aug 6, 2012 9:50pm
Quoting PoundTrader
ok im gonna take a long here at 1.5597, s/l 1.5542, t/p 1.5722
http://www.pic4ever.com/images/Ghelyon.gif
  • #320,765
  • Aug 6, 2012 9:56pm Aug 6, 2012 9:56pm
http://www.pic4ever.com/images/putertired.gif see you guys when news come out
  • #320,766
  • Aug 7, 2012 12:26am Aug 7, 2012 12:26am
This market is making me die of boredom....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,767
  • Aug 7, 2012 12:43am Aug 7, 2012 12:43am


Famine,
Plague,
Flood,

ANYTHING!!!
Come with me if you want to live....
  • #320,768
  • Aug 7, 2012 12:55am Aug 7, 2012 12:55am
Quoting Ill-b-back


Famine,
Plague,
Flood,

ANYTHING!!!
ummm Famine... yes pls, Plague.... hmmmm FLOOD... OH BOY best not in australia.... ill get worried bout you bro...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,769
  • Aug 7, 2012 1:02am Aug 7, 2012 1:02am
Quoting PoundTrader
ok im gonna take a long here at 1.5597, s/l 1.5542, t/p 1.5722
Its funny u ended up picking a top lol that's how it always is. It went up to touch 5597 to let you get out but I bet you didn't take it.

Funny market, it happens to me too when I play in the market during slow times, the market makers set you up for failure before it resumes in your direction.


I also have a theory that with most of our brokers when we buy we actually sell into the market since the banks require brokers to hedge, so brokers are on the hook (hence the broker PA manipulation to get you out of your trades). It makes sense because as a bank unless you are dealing with billions in transactions I'm not going to be on the hook for you, you have to pay to play.
  • #320,770
  • Aug 7, 2012 1:02am Aug 7, 2012 1:02am
Quoting bguguen
ummm Famine... yes pls, Plague.... hmmmm FLOOD... OH BOY best not in australia.... ill get worried bout you bro...
As long as it breaks this monotony, I don't care
Come with me if you want to live....
  • #320,771
  • Aug 7, 2012 1:04am Aug 7, 2012 1:04am
Quoting sidhujag
Its funny u ended up picking a top lol that's how it always is. It went up to touch 5597 to let you get out but I bet you didn't take it.

Funny market, it happens to me too when I play in the market during slow times, the market makers set you up for failure before it resumes in your direction.


I also have a theory that with most of our brokers when we buy we actually sell into the market since the banks require brokers to hedge, so brokers are on the hook (hence the broker PA manipulation to get you out of your trades). It makes sense because...
the GBPUSD is in range... the sooner we realize the better we can avoid longing at the top thinking thats a reversal...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,772
  • Aug 7, 2012 1:06am Aug 7, 2012 1:06am
Quoting bguguen
the GBPUSD is in range... the sooner we realize the better we can avoid longing at the top thinking thats a reversal...

True but I got reversal on my mind due to my MM -1/8 being hit however we just got off of a dump a few months ago and it ranges? hmmm sounds fishy, stairstep down? Maybe... but I been saying since 2011 that USD is coming out of the closet.
  • #320,773
  • Aug 7, 2012 1:09am Aug 7, 2012 1:09am
Quoting sidhujag
True but I got reversal on my mind due to my MM -1/8 being hit however we just got off of a dump a few months ago and it ranges? hmmm sounds fishy, stairstep down? Maybe... but I been saying since 2011 that USD is coming out of the closet.
and ive been saying we will visit 1.50 near the end of the year...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,774
  • Aug 7, 2012 1:12am Aug 7, 2012 1:12am
Quoting bguguen
and ive been saying we will visit 1.50 near the end of the year...
plausible I have 1.45 if it breaks this range.
  • #320,775
  • Aug 7, 2012 1:17am Aug 7, 2012 1:17am
Quoting bguguen
and ive been saying we will visit 1.50 near the end of the year...
This may sound out of this world crazy, but I see 1.63 first by my calculations.
I doubt this longer term comment will affect people's trading so why I slipped it in.
Come with me if you want to live....
  • #320,776
  • Aug 7, 2012 1:22am Aug 7, 2012 1:22am
crazy ? why ? absolutely not...my imho. but let market tell the truth and we just follow it ...

Quoting Ill-b-back
This may sound out of this world crazy, but I see 1.63 first by my calculations.
I doubt this longer term comment will affect people's trading so why I slipped it in.
not euphoria follower
  • #320,777
  • Aug 7, 2012 1:28am Aug 7, 2012 1:28am
Quoting Ill-b-back
This may sound out of this world crazy, but I see 1.63 first by my calculations.
I doubt this longer term comment will affect people's trading so why I slipped it in.
it doesnt matter bro... in fact with the lack of any movement here good god i have no idea wtf is going on.... it could get to 1.63 or it could get to 1.45... who knows...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,778
  • Aug 7, 2012 1:30am Aug 7, 2012 1:30am
right now folowing the truth

good morning everyone
  • #320,779
  • Aug 7, 2012 1:34am Aug 7, 2012 1:34am
Quoting iqyu5an
crazy ? why ? absolutely not...my imho. but let market tell the truth and we just follow it ...
Yeah I know bro, I was just talking in context of the immediate discussion that's all.
I don't/can't trade fundies, don't know how
Meant no offence to anyone, just a view on my screen
Come with me if you want to live....
  • #320,780
  • Aug 7, 2012 1:37am Aug 7, 2012 1:37am
Quoting bguguen
it doesnt matter bro... in fact with the lack of any movement here good god i have no idea wtf is going on.... it could get to 1.63 or it could get to 1.45... who knows...
I agree, but I reckon someone knows something, they just ain't tellin' us
Come with me if you want to live....
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