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Cable Update (GBPUSD)

  • #326,121
  • Oct 8, 2012 6:58am Oct 8, 2012 6:58am
Quoting bguguen
LIBOR rate was never regulated... however the forex market IS.... and CFTC is doing its job, especially after the LIBOR incident happened... regulators have to do their jobs RIGHT.
Besides.... you can be like Angela Merkel or Rajoy, say that your country isnt gona need a bailout and what happens after?? Europe needs a bailout.... but why does EURUSD go up? OH RIGHT now i know... CUZ THEY ARE LONGING IT! as the SENTIMENT SUGGESTS.... RETAIL TRADERS ARE NET SHORT EURUSD when EURUSD shot up!
im in no mood to argue with you, things always seem like...
I'm not arguing I'm just pointing out why I do not trade what I see online and I only trust charts.

at least there are 50% chances to be right or wrong

in the meanwhile I took 40 pips on EU long so far and aiming for some more and if all well on GU we will see 1.6080-1.6120 soon

no matter how many shorters are out there...calculations say 50 pips up from 6026 so far 10 pips achieved.we'll see later.
  • #326,122
  • Oct 8, 2012 7:05am Oct 8, 2012 7:05am
Quoting redbeben
I'm not arguing I'm just pointing out why I do not trade what I see online and I only trust charts.

at least there are 50% chances to be right or wrong

in the meanwhile I took 40 pips on EU long so far and aiming for some more and if all well on GU we will see 1.6080-1.6120 soon

no matter how many shorters are out there...calculations say 50 pips up from 6026 so far 10 pips achieved.we'll see later.
you might get it but im aiming for a big time drop to 57xx area
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,123
  • Oct 8, 2012 7:22am Oct 8, 2012 7:22am
Quoting bguguen
you might get it but im aiming for a big time drop to 57xx area
You are right ,drop starts
  • #326,124
  • Oct 8, 2012 7:42am Oct 8, 2012 7:42am
Quoting volforex
You are right ,drop starts

Think we go higher first... maybe retest the bottom of decending channel first. Confirm well and truely broken. Then we drop.
  • #326,125
  • Oct 8, 2012 7:54am Oct 8, 2012 7:54am
Quoting redbeben
I'm not arguing I'm just pointing out why I do not trade what I see online and I only trust charts.

at least there are 50% chances to be right or wrong

in the meanwhile I took 40 pips on EU long so far and aiming for some more and if all well on GU we will see 1.6080-1.6120 soon

no matter how many shorters are out there...calculations say 50 pips up from 6026 so far 10 pips achieved.we'll see later.
long time no see. hope your day been good. meanwhile i have been enjoying 200 pip GB/NZD fall today .
NZD/USD and gb/nzd i need to understand and will be succesfull if it happend
  • #326,126
  • Oct 8, 2012 8:01am Oct 8, 2012 8:01am
Quoting nAVIN2007


u might not know a flag..but when u trading like u..dont need to know either
very well said
  • #326,127
  • Oct 8, 2012 8:17am Oct 8, 2012 8:17am
Quoting bguguen
you might get it but im aiming for a big time drop to 57xx area
yeap

long term or mid term I could not agree more
  • #326,128
  • Oct 8, 2012 8:18am Oct 8, 2012 8:18am
Quoting Niranj
long time no see. hope your day been good. meanwhile i have been enjoying 200 pip GB/NZD fall today .
NZD/USD and gb/nzd i need to understand and will be succesfull if it happend
wow,that's a fast moving pair I must say.it's a pitty it's out of my time zone and can't trade it
  • #326,129
  • Oct 8, 2012 9:04am Oct 8, 2012 9:04am
It will continue uptrend untill tommorow .We get sell between london and US open
  • #326,130
  • Oct 8, 2012 9:37am Oct 8, 2012 9:37am
Quoting volforex
It will continue uptrend untill tommorow .We get sell between london and US open
Agreed. Ain't cool enough yet to post charts (as this is my first post on FF) but we are currently on the downward support - closed my short.

Will re-consider going short around .6094 which is 38.2 retracement & close to what seems to be a pivot point in the downward channel.
  • #326,131
  • Oct 8, 2012 9:38am Oct 8, 2012 9:38am
Quoting volforex
It will continue uptrend untill tommorow .We get sell between london and US open
it will..very strong conviction, based on what?
  • #326,132
  • Oct 8, 2012 9:43am Oct 8, 2012 9:43am
Quoting nAVIN2007
it will..very strong conviction, based on what?
me thinks Asia will keep shorting the GBPUSD
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,133
  • Oct 8, 2012 9:56am Oct 8, 2012 9:56am
Quoting redbeben

no matter how many shorters are out there...calculations say 50 pips up from 6026 so far 10 pips achieved.we'll see later.
How to make certain that we are at the end of the down fall.

thanks
deep RoT is essential for everlasting happyness
  • #326,134
  • Oct 8, 2012 10:17am Oct 8, 2012 10:17am
Don't usually do long term analysis but...

I am long based on 50% FIB
Hitting bottom of channel

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  • #326,135
  • Oct 8, 2012 11:36am Oct 8, 2012 11:36am
Quoting nAVIN2007
it will..very strong conviction, based on what?
Going up to retest broken channel/4hr 200ema. But then down like he says I think
Come with me if you want to live....
  • #326,136
  • Oct 8, 2012 11:38am Oct 8, 2012 11:38am
Quoting nAVIN2007
it will..very strong conviction, based on what?
Im with you navin mabe a little up but the overall trend is down, good luck to all
  • #326,137
  • Oct 8, 2012 11:46am Oct 8, 2012 11:46am
Quoting PoundTrader
Im with you navin mabe a little up but the overall trend is down, good luck to all
You trading this pair again PT?
Come with me if you want to live....
  • #326,138
  • Oct 8, 2012 11:48am Oct 8, 2012 11:48am
Quoting Ill-b-back
You trading this pair again PT?
no not yet im short gbp/jpy at 126.21 and im short gbp/nzd at 1.9636
  • #326,139
  • Oct 8, 2012 11:56am Oct 8, 2012 11:56am
Quoting PoundTrader
no not yet im short gbp/jpy at 126.21 and im short gbp/nzd at 1.9636
Sounds shnazzy...
Come with me if you want to live....
  • #326,140
  • Oct 8, 2012 12:04pm Oct 8, 2012 12:04pm
why not 5th wave....
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