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Cable Update (GBPUSD)

  • #322,761
  • Aug 27, 2012 5:31am Aug 27, 2012 5:31am
Quoting PoundTrader
http://www.pic4ever.com/images/www_M...m__fishing.gif
Bahahaha... keep fishing budddy
GELORE
  • #322,762
  • Aug 27, 2012 5:40am Aug 27, 2012 5:40am
Quoting fontu
With breaks 2 possible limits for up but still 2 ones there for . smaller moves in lower time frames , it may seems all over & possible weekly bull may takes place or just wave b up before next down continue. anyway what thought pullback towards 5763 , possible 5792 or say 5702 now ok to fire up 5744 though next real limit .wrote before after the daily down move to ready the weekly up ( even below limit or breaks also though > favourable failure bull then ) , at whatever situation, able continue up retest the existing top before next decision up...
ok for smaller moves , position activated & waiting next action .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 16 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #322,763
  • Aug 27, 2012 6:06am Aug 27, 2012 6:06am
Quoting PoundTrader
http://www.pic4ever.com/images/www_M...m__fishing.gif
Good to see you around these halls...are you still hangin in there?

Regards
  • #322,764
  • Aug 27, 2012 6:11am Aug 27, 2012 6:11am
Quoting TauTrader
Good to see you around these halls...are you still hangin in there?

Regards
  • #322,765
  • Aug 27, 2012 7:06am Aug 27, 2012 7:06am
Quoting PoundTrader
Good to have you back PT
  • #322,766
  • Aug 27, 2012 7:07am Aug 27, 2012 7:07am
Finally a breakout on GBPUSD!! This 1.5780-5800 resistance zone has been a major pivotal point since Nov 2011. Will the bulls be able to hold onto their victory? I am cheering for the bulls this week.

If price retraces to re-test the 1.5780-5800 level, i am expecting strong demand to appear. The strong demand should push GBPUSD up and continue on its bullish trend.

LONG GBPUSD @ 1.5780-5800
Stop loss below 1.5750
Final target profit 1.6300

http://i47.tinypic.com/b55yts.png
  • #322,767
  • Aug 27, 2012 7:20am Aug 27, 2012 7:20am
Quoting Caeser
Good to have you back PT
http://www.pic4ever.com/images/Bananeyessss.gif
  • #322,768
  • Aug 27, 2012 7:28am Aug 27, 2012 7:28am
Quoting PoundTrader
now im short at 1.5738, 1.5755, 1.5777. and 1.5801, s/l 1.5933, t/p 1.5640. this is it for me, holding trade till s/l or t/p get hit, if s/l get hit it will whipe my account out
  • #322,769
  • Aug 27, 2012 7:53am Aug 27, 2012 7:53am
If i'll see later something on charts we might head to 1.5700
  • #322,770
  • Aug 27, 2012 8:07am Aug 27, 2012 8:07am
Quoting redbeben
If i'll see later something on charts we might head to 1.5700
now I see it

if no news or farts this is a 50 drops min
max 100 pips 1.5690
  • #322,771
  • Aug 27, 2012 8:27am Aug 27, 2012 8:27am
Quoting redbeben
now I see it

if no news or farts this is a 50 drops min
max 100 pips 1.5690
I am waiting for that

Hope I see it today

My tp @ 5770
  • #322,772
  • Aug 27, 2012 8:58am Aug 27, 2012 8:58am
Quoting aarash
I am waiting for that

Hope I see it today

My tp @ 5770
5770 should be easy to reach

but anyway bank holiday,Fed talk later...low volume high volatility.

anything can happen
  • #322,773
  • Aug 27, 2012 9:06am Aug 27, 2012 9:06am
4 days meaning Friday meaning Jackson's Hole and GU might be down @ PT's TP aka 1.5640-30

we might go even lower to 1.5585 and below

depends how fas we develop this move if we develop it

W and M still bear for me for now
  • #322,774
  • Aug 27, 2012 4:50pm Aug 27, 2012 4:50pm
what the fuck.
what a kind of fucking shit pattern is GU printing these days?

ok 1.59 supply
ok no reasons of demand
ok slow market today
ok everything

but this is a total non sense.
fuck!
90% of traders use TA, indicators and prediction
  • #322,775
  • Aug 27, 2012 4:53pm Aug 27, 2012 4:53pm
lol..yup dats epic SHIT ( MACD 4h wants to turn bearish soon)
Quoting _BBKing_
what the fuck.
what a kind of fucking shit pattern is GU printing these days?

ok 1.59 supply
ok no reasons of demand
ok slow market today
ok everything

but this is a total non sense.
fuck!
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #322,776
  • Aug 27, 2012 5:13pm Aug 27, 2012 5:13pm
Quoting _BBKing_
what the fuck.
what a kind of fucking shit pattern is GU printing these days?

ok 1.59 supply
ok no reasons of demand
ok slow market today
ok everything

but this is a total non sense.
fuck!
love the expression
It's a bank holiday and we are retracing back towards the range we broke out of last week.
There is also a bit to look out for news wise on Friday.

Perhaps the market maybe just being cautious
Come with me if you want to live....
  • #322,777
  • Aug 27, 2012 5:20pm Aug 27, 2012 5:20pm
no.
this is purely non sense.
was a non sense the move to 1.59 straight and this fucking drift is more non sense now.

who bought to move price to 1.59 simply left market to buy again later or to short.

i expect a dirty move up.
90% of traders use TA, indicators and prediction
  • #322,778
  • Aug 27, 2012 5:22pm Aug 27, 2012 5:22pm
and what about the fomc??
they want money?
more qe? to do what?!

what an illogical thing.

this market is becoming unreal day after day.
90% of traders use TA, indicators and prediction
  • #322,779
  • Aug 27, 2012 5:24pm Aug 27, 2012 5:24pm
Quoting PoundTrader
5930 is not far.
i agree on short side but don't blow your account @5930

at least get the 1.5935
90% of traders use TA, indicators and prediction
  • #322,780
  • Aug 27, 2012 5:37pm Aug 27, 2012 5:37pm
Quoting _BBKing_
and what about the fomc??
they want money?
more qe? to do what?!

what an illogical thing.

this market is becoming unreal day after day.
My own take on it is that we are at an economic extreme (globally).

We are too soft and too corrupt nowadays to let this economic tsunami flow.

They either take drastic action to (try) and tackle this problem or just let the problem happen (and that scares the shit out of everyone).

I think the buy to 59 was based on Ben comments of QE soon, just market getting ahead of the pack I think.

Everything is stuffed, it is fake I agree, but market boss.

Just grab what we can and leave the mess to them while everyone comes to Australia
Come with me if you want to live....
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