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Cable Update (GBPUSD)

  • #325,381
  • Sep 28, 2012 3:24am Sep 28, 2012 3:24am
Quoting fxprocessor
Cable found initial resistance at the 78.6 Fib level after breaking through R1 and trapping longs.

The 78.6 Fib level now marks the high of the day. Great bearish outside bar (30 min) followed for a nice move lower - squeezing weak shorts.
  • #325,382
  • Sep 28, 2012 3:28am Sep 28, 2012 3:28am
Quoting _BBKing_
yes of course! only need to pay 5000$ each member of the room!
jokes a part, everyone is welcome
Damned, can you indicate me the exit ;-) It's beyond my means
Don't be smart. Be rich.
  • #325,383
  • Sep 28, 2012 3:32am Sep 28, 2012 3:32am
Quoting fxprocessor
The 78.6 Fib level now marks the high of the day. Great bearish outside bar (30 min) followed for a nice move lower - squeezing weak shorts.
6230 is day open.
let's see if goes or if this move was just buyers willing to buy at lower price...
90% of traders use TA, indicators and prediction
  • #325,384
  • Sep 28, 2012 3:36am Sep 28, 2012 3:36am
Quoting fxprocessor
Cable found initial resistance at the 78.6 Fib level after breaking through R1 and trapping longs.
I had my entry at 65 on the R1 but knew that a lot of the unfilled orders would sit around the 70 mark like last time that didnt get triggered, so i used my bonce for once and put my stop at 77 which works lovely with my -12 rule!!
Trading comes quickly, patience and discipline does not!
  • #325,385
  • Sep 28, 2012 3:37am Sep 28, 2012 3:37am
Quoting maximinus
Damned, can you indicate me the exit ;-) It's beyond my means
i will be happy with 100 pounds
discount for u
  • #325,386
  • Sep 28, 2012 3:37am Sep 28, 2012 3:37am
Quoting maximinus
Damned, can you indicate me the exit ;-) It's beyond my means
We can also negotiate for something less
Attached Image (click to enlarge)
Click to Enlarge Name: the_godfather_new_by_donvito62-d32govk.jpg Size: 57 KB
90% of traders use TA, indicators and prediction
  • #325,387
  • Sep 28, 2012 3:41am Sep 28, 2012 3:41am
Quoting nAVIN2007
i will be happy with 100 pounds
discount for u
Thank you Sir ;-) 100 pounds + my tiny knowledge in fx that's my discount for You.
Don't be smart. Be rich.
  • #325,388
  • Sep 28, 2012 3:45am Sep 28, 2012 3:45am
Quoting _BBKing_
We can also negotiate for something less
I'll negotiate with you only if you make a call to wake up BOJ or send your mafiosis to them. Bang ! Bang !
Don't be smart. Be rich.
  • #325,389
  • Sep 28, 2012 3:47am Sep 28, 2012 3:47am
Quoting maximinus
Thank you Sir ;-) 100 pounds + my tiny knowledge in fx that's my discount for You.

u have paypal?
  • #325,390
  • Sep 28, 2012 3:51am Sep 28, 2012 3:51am
the only reason to justify this kind of moves in GBP is about end of month corrections in cross pairs: EurGBP first then gbp aud etc.....
90% of traders use TA, indicators and prediction
  • #325,391
  • Sep 28, 2012 3:51am Sep 28, 2012 3:51am
Quoting nAVIN2007
u have paypal?
No paypal, no credit card, no cheques. Only fresh printed money. But I'm not Bernanke, I'm a very little craftsman in this industry. You have to come to my place, Vatican city. We have also some good banksters
Don't be smart. Be rich.
  • #325,392
  • Sep 28, 2012 3:53am Sep 28, 2012 3:53am
Quoting maximinus
I'll negotiate with you only if you make a call to wake up BOJ or send your mafiosis to them. Bang ! Bang !
ahha
they are already going!
90% of traders use TA, indicators and prediction
  • #325,393
  • Sep 28, 2012 3:54am Sep 28, 2012 3:54am
Quoting maximinus
No paypal, no credit card, no cheques. Only fresh printed money. But I'm not Bernanke, I'm a very little craftsman. You have to come to my place, Vatican city. We have also some good banksters
You just answered my question, I wondered if you were a priest?

No seriously welcome to our world where despite all being from different cultures, countries and backgrounds, we are all bound in the common goal of extracting as much money as possible out of the market.
  • #325,394
  • Sep 28, 2012 3:56am Sep 28, 2012 3:56am
Quoting maximinus
No paypal, no credit card, no cheques. Only fresh printed money. But I'm not Bernanke, I'm a very little craftsman in this industry. You have to come to my place, Vatican city. We have also some good banksters
tell us the truth... are you this one?
Attached Image
90% of traders use TA, indicators and prediction
  • #325,395
  • Sep 28, 2012 3:57am Sep 28, 2012 3:57am
Quoting _BBKing_
ahha
they are already going!
That's an excellent news for my AJ longs. But with UJ we had so many fake break out... I'm fed up with UJ but very stubborn also.
Don't be smart. Be rich.
  • #325,396
  • Sep 28, 2012 3:57am Sep 28, 2012 3:57am
PO filled. Have to manage this.
Don't be smart. Be rich.
  • #325,397
  • Sep 28, 2012 4:01am Sep 28, 2012 4:01am
Quoting _BBKing_
the only reason to justify this kind of moves in GBP is about end of month corrections in cross pairs: EurGBP first then gbp aud etc.....
I am still wondering if this is either the market taking a breather and the drop is just to begin an almighty ascent back up, or if it will break the h1 lows and crash to earth. End of the month, so either way is usually a biggie.

Its on my last levels of support on H1 which is also the fibo 50 so I guess we will find out soon enough. If it bounces off this, I will be going long with a very tight SL.
  • #325,398
  • Sep 28, 2012 4:02am Sep 28, 2012 4:02am
Quoting gavalar
You just answered my question, I wondered if you were a priest?

No seriously welcome to our world where despite all being from different cultures, countries and backgrounds, we are all bound in the common goal of extracting as much money as possible out of the market.
Yes, but for what ? What do we want to do with ? That's the real question may be ?
Don't be smart. Be rich.
  • #325,399
  • Sep 28, 2012 4:03am Sep 28, 2012 4:03am
Quoting _BBKing_
tell us the truth... are you this one?
  • #325,400
  • Sep 28, 2012 4:05am Sep 28, 2012 4:05am

Quoting _BBKing_
tell us the truth... are you this one?
Don't be smart. Be rich.
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