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Cable Update (GBPUSD)

  • #321,861
  • Aug 18, 2012 4:27pm Aug 18, 2012 4:27pm
Quoting bguguen
oh im sorry... fucked up my analysis by a day....
ended the week below 1.5700, good stuff right there....
like i said we will see a close below 1.57, got the timing wrong since banks aimed for end of day stop hunting around 1.5740 on thursday....

oh well....
Got me nice winnings this week...
time to get back to my holiday mood....

hey man nice to see u on facebook..it crazy to finally see a face associated with the person..
  • #321,862
  • Aug 19, 2012 12:36am Aug 19, 2012 12:36am
Quoting nAVIN2007
hey man nice to see u on facebook..it crazy to finally see a face associated with the person..
i know right?? chat there la!!
dont i look young??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #321,863
  • Aug 19, 2012 5:04am Aug 19, 2012 5:04am
Trade plan.

Regards
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  • #321,864
  • Aug 19, 2012 7:10am Aug 19, 2012 7:10am
For ALL Traders,


Today, I have a confession to make GBP/USD and EUR/USD thread's for 'PUBLIC' forever... I never changes again this decision later
Everyone can make Post because need takes "ONE thread" to hold the posts of both these Currencies : GBP/USD and EUR/USD

I wish Senior Members support their knowledge about FX Trade in this thread. Help New Members and Junior Members, please...

And for Members (still) didn't got Vouch, I hope you're will make Post too.
If you doubt / have question about Trade, post it. I believe another Member will help you



Another Reason : I didn't have a Lot time anymore to make Post because my responsibility for family.
I will keep my Promise. Try will post something, if I've more time again. That's I can do for Now...






All the Best,
Tsar
Always looking the GREAT, never left GOOD Point...
  • #321,865
  • Aug 19, 2012 7:50am Aug 19, 2012 7:50am
Quoting bguguen
i know right?? chat there la!!
dont i look young??

u dont look young u are young
  • #321,866
  • Aug 19, 2012 9:39am Aug 19, 2012 9:39am
Quoting nAVIN2007
u dont look young u are young
Awww thanks.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #321,867
  • Aug 19, 2012 10:32am Aug 19, 2012 10:32am
Quoting bguguen
Awww thanks.....

I stand by what i say thou..u will be great in a few years..need time to grow and develop..tempter especailly but i do think, u have something!!..keep going and dont give up
  • #321,868
  • Aug 19, 2012 11:12am Aug 19, 2012 11:12am
Quoting nAVIN2007
I stand by what i say thou..u will be great in a few years..need time to grow and develop..tempter especailly but i do think, u have something!!..keep going and dont give up
yea im gona avoid posting that much, ive pissed enough people off, right now im working my ass off looking for an internship for next year's summer holiday.... preferably with a bank this time....

BTW for you GBPUSD fanatics out there... heres an analysis to share
Quote
If you are trading intra day then 4 hour charts is best for this method, look for clues to long at 1.5660 and short at 1.5730

Longer term charts: 1.5770 is again key to this pair. I would like to short there but if price breaks and closes above 1.5800 on the daily then some of you will look to long, standard M2 break out, pull back. Not for me. If you do take reduce your stake and get stops to entry asap.

If it races up I will definitely be looking for reasons to short at 1.6000

If it simply drops back down then you have 2 choices, look for a bounce back up at the bottom daily trend line currently around 1.5570 OR a break and close below for an M2 short.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #321,869
  • Aug 19, 2012 12:09pm Aug 19, 2012 12:09pm
Thought I'd say hello - I trade full time mainly Cable but also Euro and Swissy.

60 min chart for cable is interesting - see what the Asian session does.
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  • #321,870
  • Aug 19, 2012 12:31pm Aug 19, 2012 12:31pm
C345-
I would like to hear your thoughts after asian opens up-
  • #321,871
  • Aug 19, 2012 12:42pm Aug 19, 2012 12:42pm
I do not expect much till US board minutes and Friday GBP Gross Domestic Product. Most probably technical trading will prevail (game limits: 1.5770-1.5470). News will probably push the pair below or above those.
  • #321,872
  • Edited 12:51pm Aug 19, 2012 12:50pm | Edited 12:51pm
Quoting fxghost
I do not expect much till US board minutes and Friday GBP Gross Domestic Product. Most probably technical trading will prevail (game limits: 1.5770-1.5470). News will probably push the pair below or above those.
Probably right but for a day trader it doesn't matter too much. Markets are thin due to holidays which will continue into September - we got a bank holiday in UK a week tomorrow which wont help.
  • #321,873
  • Aug 19, 2012 2:46pm Aug 19, 2012 2:46pm
Possible bullish trend breakout? Weekly chart is showing a chart with a ascending triangle pattern. This pattern has proved me well in the past when this occurred on the daily chart of the EURUSD allowing me to catch the big down move we had.
Attached Image (click to enlarge)
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All posts are my personal opinion
  • #321,874
  • Aug 19, 2012 7:58pm Aug 19, 2012 7:58pm
I would have kicked Spain out of EZ not once but twice

I've been to a funeral..life means sh***

All problems have a solution.Now it depends if the solution will fill the pockets as the nonsolutions are

All we have to do is open the eyes and we'll see it all.
  • #321,875
  • Aug 19, 2012 8:15pm Aug 19, 2012 8:15pm
Quoting bguguen
yea im gona avoid posting that much, ive pissed enough people off, right now im working my ass off looking for an internship for next year's summer holiday.... preferably with a bank this time....

BTW for you GBPUSD fanatics out there... heres an analysis to share

hi there billy the kid

I'm really tired so I'll try to make it short and not offensive

you seem to be confident in what you say and you have the young stubborness that we all had and never listen to anybody else except your own person.

you also seem to make money for a living so take this as an advice and start trading for real during summer holiday and do not take any stupid internship in a stupid bank.

what in the world could you learn there more than you already know ??? aaa...maybe how to bankrupt a system or how to steal legally from the taxpayers...you'd be robbing your parents

I know people that work for 20 years in banks that you only heard of...they buy and sell when they think market is down or up and hold it with a DD of 1000 pips(now that they retired probably think they have time to wait)

so if you have some trading money just be yourself and do what you know best.

if you want to be an investment banker (and this is valid for the rest of the so called traders out there) just google for forex trading jobs and you will find a lot for salaries starting 100k a year.

it is always better to trade some others money instead of yours as it takes away the pressure

the question is : are you able to keep your human value and still fight for what you dream or you will be just another Barclays traders that earns 10k a month,drives a leased Porche,drinks 300 eur/bottle cognac,screws 1000 eur a night hookers and at one point posts of facebook ''only God can save me now'' ?

let's face it,we're all in this business for the easy money as if we would have liked to work for the money we'd have a min of 2 jobs and some extra for the weekend.
  • #321,876
  • Aug 19, 2012 8:24pm Aug 19, 2012 8:24pm
Quoting redbeben
...you'd be robbing your parents

inside job
  • #321,877
  • Aug 19, 2012 9:46pm Aug 19, 2012 9:46pm

http://www.forexfactory.com/attachme...1&d=1344427315

tq Kang KG ............

m5 :
http://www.forexfactory.com/attachme...5&d=1345430391

Quoting Kang_Gun
hello nAVIN2007, here is my big map view on H4 base on down wave AB (see picture). I assume GBPUSD will trying to move up if price could play above 1.5682.....

Regards,

KG
not euphoria follower
  • #321,878
  • Aug 19, 2012 10:46pm Aug 19, 2012 10:46pm
Keeping it simple,

steady up trend on the hourly and daily charts with price behaving as expected within the range.

A break below 1.566 might signal a further break down to 1.556, beyond here 1.546 and beyond that to test the lows in the 1.52's.

From my charts i will be long at the red trend line support.

However, my instinct tells me that the bullish trends are somehow fake. state of the UK economy and the risks in Europe should have weighed more heavily by now.

Fundamentally i would be bearish but the chart is bullish for me.
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Money never sleeps...
  • #321,879
  • Aug 19, 2012 11:38pm Aug 19, 2012 11:38pm
Let's see what will happened on europe/london session...

KG
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  • #321,880
  • Aug 19, 2012 11:42pm Aug 19, 2012 11:42pm
Quoting redbeben
hi there billy the kid

I'm really tired so I'll try to make it short and not offensive

you seem to be confident in what you say and you have the young stubborness that we all had and never listen to anybody else except your own person.

you also seem to make money for a living so take this as an advice and start trading for real during summer holiday and do not take any stupid internship in a stupid bank.

what in the world could you learn there more than you already know ??? aaa...maybe how to bankrupt a system or how to steal...
Okay buddy heres the thing.... i want to be an investment banker but now adays its either connection (which i dont have) or actual skills/qualifications...
Im too young to have either one of them, so really its down to work experience... to work for an investment bank even as a teller give me access to these so called connections which i need...
BTW to trade people's money in HK, UK or in the US needs a license, of which i probably cant get on my own... you can only get one by having atleast 2 years of work experience with a bank.... OR... be referred by a company you are working for (mostly investment banks) to take on these license exams...
You are probably in your 30s or 40s but, the job environment has changed....
its virtually IMPOSSIBLE to get in investment banking if you dont have connection or qualification....
Even an internship with an investment bank requires atleast a year of work experience or a major in related studies....

All the more reason ive been gearing myself up lately.... taking up exams for a license in real estates in HK, and also Insurance in HK, though not usable in the UK it sure adds value to my CV, thus allowing me to grab that opportunity....

By the way as for Robbing my Parents while i work for an investment bank?? not a chance buddy... my parents are already holding Inflation related Bonds in Hong Kong (known as iBonds) to prevent loss of value to their money...
Also Taxes in HK is nearly Inexistient to a point my parents dont need to worry at all.... another thing.... Dad's started up a limited liability company in Hong Kong of which gives him tax rebates in HK.... any spending on transportation, or work related expenses can be recovered.... not gona go into details (not that its illegal, its just not average population's knowledge about the tax system in Hong Kong...)
oh well....

Im not being stubborn here... but it just seems like you dont really know much about me... you dont even know my parents live in Hong Kong and Hong Kong's Tax is ridiculously low.... talk about robbing my parents... pfft...

Benefit of a Free Market economy and a High Population Density country like Hong Kong?? well... Ridiculously LOW taxes... im talking about single digit tax for individuals....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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