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Cable Update (GBPUSD)

  • #322,801
  • Aug 27, 2012 8:39pm Aug 27, 2012 8:39pm
Quoting _BBKing_
the aussie was in perfect correlation with dowjones.
never seen before such a perfect correlation, almost to the pip.

now it lost a bit since aussie going down quicker than dj.

there is a strong possible crash behind the corner just similar to 2008.
not confirmed of course, and i really hope not, but DJ is just around top levels before the epic tank 4 years ago.
Yep, the DJ has a bearish feel to it.
I'm still holding out a faint hope for 5393 support for a possible buy signal but maybe that time has passed, who knows.
Redbeben maybe right about news spike to 59.
I just find it hard to imagine they would let another 2008 right now in election year.

My own "curious" thoughts only are the DJ will fall on QE uncertainty, maybe take us into the 54's to shake out the gullible bulls like myself, have us go short after the move, then BOOM, Ben announces QE3 handing his mates a nice buy dip.
I'm finding myself becoming more like my Asian friend all the time, F^*ked off with this corrupt world.

That "inside job" video really pissed me off

Oh well,
Come with me if you want to live....
  • #322,802
  • Aug 27, 2012 9:27pm Aug 27, 2012 9:27pm
Quoting Ill-b-back
Yep, the DJ has a bearish feel to it.
I'm still holding out a faint hope for 5393 support for a possible buy signal but maybe that time has passed, who knows.
Redbeben maybe right about news spike to 59.
I just find it hard to imagine they would let another 2008 right now in election year.

My own "curious" thoughts only are the DJ will fall on QE uncertainty, maybe take us into the 54's to shake out the gullible bulls like myself, have us go short after the move, then BOOM, Ben announces QE3 handing his mates a nice buy dip.
I'm finding myself...
will look about this video!
anwyay, better not trade based in fundamentals only. i mean they are very important, but we must trade based in techs and wait some levels to get pips here n there with stops as tight as possible. a counter move of more than 100-150 pips is not good even with small lots.

recently i find much more profitable to get those 20-30 pips here and those 20-30 pips there. sometimes they become 90 some other they are stop @be.

where do you live in australia?
i will be in melbourne but i don't know yet the exact days.
maybe we can meet for a coffee
90% of traders use TA, indicators and prediction
  • #322,803
  • Aug 27, 2012 9:31pm Aug 27, 2012 9:31pm
this kind of move from 1.59 remembers me the move from 1.63.
price came down in a bad drift till near 1.60 then straight.

now price came back in a bad drfit till near 1.58 just to breake below and go directly into 1.57 area again without any sign of reverse. not yet at least.
90% of traders use TA, indicators and prediction
  • #322,804
  • Aug 27, 2012 9:45pm Aug 27, 2012 9:45pm
Quoting _BBKing_
5930 is not far.
i agree on short side but don't blow your account @5930

at least get the 1.5935
lol, you havent heard im trying to blow my account. thanks for the advice back to sleep for me, good luck to all
  • #322,805
  • Aug 27, 2012 9:46pm Aug 27, 2012 9:46pm
Quoting _BBKing_
will look about this video!
anwyay, better not trade based in fundamentals only. i mean they are very important, but we must trade based in techs and wait some levels to get pips here n there with stops as tight as possible. a counter move of more than 100-150 pips is not good even with small lots.

recently i find much more profitable to get those 20-30 pips here and those 20-30 pips there. sometimes they become 90 some other they are stop @be.

where do you live in australia?
i will be in melbourne but i don't know yet the exact days.
maybe...
I'm in Sydney but either visiting a mate in Melbourne for Xmas or he is coming over here, not sure yet. Coffee sounds good

I'd love to grab those 30 pips but no can do with my work family schedule.
Need to wait for things to line up on the daily.
I went hedged short yesterday cause weekly long still in play but got a daily short.

Need for this to break clear north for more clarity otherwise sit and wait for next signal.
Come with me if you want to live....
  • #322,806
  • Aug 27, 2012 9:48pm Aug 27, 2012 9:48pm
Quoting PoundTrader
lol, you havent heard im trying to blow my account. thanks for the advice back to sleep for me, good luck to all
Trying to blow your account.
F#%k, only YOU could say that and actually mean it you crazy trader
Come with me if you want to live....
  • #322,807
  • Aug 27, 2012 10:18pm Aug 27, 2012 10:18pm
Quoting Ill-b-back
Trying to blow your account.
F#%k, only YOU could say that and actually mean it you crazy trader
  • #322,808
  • Aug 27, 2012 10:51pm Aug 27, 2012 10:51pm
Quoting PoundTrader
Hi PT....what thell happened with you..???? ....
  • #322,809
  • Aug 27, 2012 11:27pm Aug 27, 2012 11:27pm
So far this thing still following my line...
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Money never sleeps...
  • #322,810
  • Aug 27, 2012 11:37pm Aug 27, 2012 11:37pm
Call me inpatient but i will be entering a trade when i see a break outside of these lines... (hoping its a sell but time will tell) ((yes im a poet and i dont know it))
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Money never sleeps...
  • #322,811
  • Aug 27, 2012 11:45pm Aug 27, 2012 11:45pm
Kind of uncertain. It could go up and resume up trend or go 5680 major support and reverse.
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In trading, you have to be defensive and aggressive at the same time
  • #322,812
  • Aug 28, 2012 1:50am Aug 28, 2012 1:50am
Sure looks like a good short to me.
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Made the top 10 leaderboard for yearly gain, Yay me
  • #322,813
  • Aug 28, 2012 3:23am Aug 28, 2012 3:23am
Quoting Red Alert
Hi PT....what thell happened with you..???? ....
http://www.pic4ever.com/images/Ghelyon.gif
  • #322,814
  • Aug 28, 2012 3:23am Aug 28, 2012 3:23am
Quoting Ill-b-back
I'm in Sydney but either visiting a mate in Melbourne for Xmas or he is coming over here, not sure yet. Coffee sounds good

I'd love to grab those 30 pips but no can do with my work family schedule.
Need to wait for things to line up on the daily.
I went hedged short yesterday cause weekly long still in play but got a daily short.

Need for this to break clear north for more clarity otherwise sit and wait for next signal.
sorry for the huge delay, i felt asleep after i closed all trades. was awake since 20hours. almost a zombie.

trading daily chart is great!! just need tonnes of patience but if you are busy in something else, daily chart is your only friend! you wait sometimes 2-3 days but then you are ok with the move.
sincerely, i think everybody should always give eyes in daily.

i will let you know when i will be in aus. once there i will surely try to be also in sidney
90% of traders use TA, indicators and prediction
  • #322,815
  • Aug 28, 2012 3:23am Aug 28, 2012 3:23am
G/M

More downside on Monday (Uk Bank Hol) and today so far with a downside breech of steepest ascending Daily trend line. At the current Daily lo -price arrived @ 23.6% of the main 5267-59.09 move - this in a previous 4hr/Daily/Weekly swing hi zone - the top of the previous daily tange that was broken to the upside last week in the run up to 5909. Some resistance becomes support (rbs) demand here....how strong are the bulls now ? Is this the 'true' buy the dip ?

G/L
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ex member
  • #322,816
  • Aug 28, 2012 3:24am Aug 28, 2012 3:24am
Quoting PoundTrader
lol, you havent heard im trying to blow my account. thanks for the advice back to sleep for me, good luck to all
i have a solution for this. you can move your account to 0 in just 3 clicks:
just send the whole equity to me.
90% of traders use TA, indicators and prediction
  • #322,817
  • Aug 28, 2012 3:29am Aug 28, 2012 3:29am
Quoting _BBKing_
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.
market is trying to keep every1 quessing its how the bankers make more..its placed so right up till friday (last day of month) we left not knowing

bernie open yur ass please and mention QE
  • #322,818
  • Aug 28, 2012 3:32am Aug 28, 2012 3:32am
Quoting _BBKing_
i have a solution for this. you can move your account to 0 in just 3 clicks:
just send the whole equity to me.
http://www.easyfreesmileys.com/smileys/lol-045.gif
  • #322,819
  • Aug 28, 2012 3:37am Aug 28, 2012 3:37am
Quoting PoundTrader
http://www.easyfreesmileys.com/smileys/lol-045.gif

u need my postal address?
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  • #322,820
  • Aug 28, 2012 3:40am Aug 28, 2012 3:40am
Quoting bbmac
G/M

More downside on Monday (Uk Bank Hol) and today so far with a downside breech of steepest ascending Daily trend line. At the current Daily lo -price arrived @ 23.6% of the main 5267-59.09 move - this in a previous 4hr/Daily/Weekly swing hi zone - the top of the previous daily tange that was broken to the upside last week in the run up to 5909. Some resistance becomes support (rbs) demand here....how strong are the bulls now ? Is this the 'true' buy the dip ?

G/L
Intraday upside breakout on EU, AU etc but GU holding back.. I often see this lagging before news or an opportunity for the big boys to put in the big orders..
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