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Cable Update (GBPUSD)

  • #323,081
  • Aug 30, 2012 9:48am Aug 30, 2012 9:48am
I took 101 pips today in 4 trades and I still have 30 open...but all on 0.10

biggest one was Gold I was brave and had 0.30
  • #323,082
  • Aug 30, 2012 9:49am Aug 30, 2012 9:49am


this could be the very first sign of what i'm waiting since 2 weeks
90% of traders use TA, indicators and prediction
  • #323,083
  • Aug 30, 2012 9:51am Aug 30, 2012 9:51am
1.5751 is MA 200 on daily so we might get a bit of S there and 1.5701 is in play same on daily with a better support

all in the hands of Ben now

see ya tmr

be good,trade lil and lock profits...there will be blood
  • #323,084
  • Aug 30, 2012 9:54am Aug 30, 2012 9:54am
Quoting _BBKing_


this could be the very first sign of what i'm waiting since 2 weeks
in the past... everytime price fail in 1.58 area was directly teleported in 1.56 and 1.55 area.

now, i don't know if we get there and in how much time... but is very possible from a technical point of view.

maybe next week will be better for this.

good luck you all
90% of traders use TA, indicators and prediction
  • #323,085
  • Aug 30, 2012 10:00am Aug 30, 2012 10:00am
Another touch of the line at 1.5789 coming

Then long to test the highs then crash down tomorrow again.

Lots of fun...
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Money never sleeps...
  • #323,086
  • Aug 30, 2012 10:19am Aug 30, 2012 10:19am
Good day-

going to attempt 1.5775.

I believe still a little more down to come.

Regards
  • #323,087
  • Aug 30, 2012 11:05am Aug 30, 2012 11:05am
Closing all here

Both GU and EU shorts.

Sideline

Regards
  • #323,088
  • Aug 30, 2012 11:23am Aug 30, 2012 11:23am
good day,

So the pips came..

I'm looking at a possible long from 1.5782

25% of normal position

Regards
  • #323,089
  • Aug 30, 2012 11:24am Aug 30, 2012 11:24am
DJ30 back under 13000.
EU double top in h1 against 1.26.
usdx? lol

GU bearish outlook against 1.59 (61% fibo of main down move) with a lower High @5860-70 in h1.

now......
let's say that is better never trade biased in one direction or the other.
but starting from now i will be very carefull in being short the US Dollars.

scaled out main Gu short plan is to wait patiently and see what happens at previous low area or near the famous 5720-30 (which would be a great LL in hourly)
90% of traders use TA, indicators and prediction
  • #323,090
  • Aug 30, 2012 11:28am Aug 30, 2012 11:28am
Quoting TauTrader
good day,

So the pips came..

I'm looking at a possible long from 1.5782

25% of normal position

Regards
i'm leaving for a while the idea about longs. good for some pips ok, but unless a quick change tomorrow, bear side could be more profitable.
time will tell, it's early now to say
90% of traders use TA, indicators and prediction
  • #323,091
  • Aug 30, 2012 11:48am Aug 30, 2012 11:48am
You know You are crazy when you go against Weekly Supply - Funny thing is , I did a moment ago and almost paid for it..
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  • #323,092
  • Aug 30, 2012 11:51am Aug 30, 2012 11:51am
Precipitous sell-off at the previous minor 4hr/1hr swing hi zone with 76.4% 5909-5753...the current daily lo being at the 76.4% of 5753-5873. Daily S2 @/around 5776 below current lo.

G/L
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ex member
  • #323,093
  • Aug 30, 2012 12:20pm Aug 30, 2012 12:20pm
Quoting redbeben
if it falls like this in the next 20 min it might be today..or tmr under that support
  • #323,094
  • Aug 30, 2012 12:20pm Aug 30, 2012 12:20pm
Quoting redbeben
1.5751 is MA 200 on daily so we might get a bit of S there and 1.5701 is in play same on daily with a better support

all in the hands of Ben now

see ya tmr

be good,trade lil and lock profits...there will be blood
  • #323,095
  • Aug 30, 2012 12:26pm Aug 30, 2012 12:26pm
bad think that all the bull traders happy with each fart of Merkel and Draghi and hoping for QE lost this battle....actually it is a pitty for all the nice pictures with a bull farting against a bear... bla bla bla
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  • #323,096
  • Aug 30, 2012 12:27pm Aug 30, 2012 12:27pm


there's no shame to cry
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  • #323,097
  • Aug 30, 2012 12:29pm Aug 30, 2012 12:29pm
but I bet tmr market will be..... as still nobody knows what Ben will say.this is why I said this is not uptrend but just range with a bit of a spice.afterall we are right back to where we started.

will be see 1.5550 and 1.5490 or 1.59 again and 1.60 ?
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  • #323,098
  • Aug 30, 2012 12:43pm Aug 30, 2012 12:43pm
what i see in houry charts...
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90% of traders use TA, indicators and prediction
  • #323,099
  • Aug 30, 2012 12:54pm Aug 30, 2012 12:54pm
a simple chart
1.53 or 1.62 in fact
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  • #323,100
  • Aug 30, 2012 12:58pm Aug 30, 2012 12:58pm
my target now 5756
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