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Cable Update (GBPUSD)

  • #327,761
  • Oct 22, 2012 1:50pm Oct 22, 2012 1:50pm
Quoting Ill-b-back


Come on man, I thought it was Black Rock...
  • #327,762
  • Oct 22, 2012 1:51pm Oct 22, 2012 1:51pm
Quoting fxtyrant
my Aussie Buddy, dude... dont you remember me?? its me bguguen.....
I am so glad you changed your name to protect your identity
  • #327,763
  • Oct 22, 2012 1:51pm Oct 22, 2012 1:51pm
Quoting fxtyrant
Nah its Goldman Sachs here...
I got Morgan Stanley Next to me....
I heard someone tried to attack the US economy by blowing up the Fed.

Wouldn't that help the economy and remove a lot of corruption?
Come with me if you want to live....
  • #327,764
  • Oct 22, 2012 1:58pm Oct 22, 2012 1:58pm
Quoting Ill-b-back
I heard someone tried to attack the US economy by blowing up the Fed.

Wouldn't that help the economy and remove a lot of corruption?
oh it would...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,765
  • Oct 22, 2012 1:58pm Oct 22, 2012 1:58pm
Quoting gavalar
I am so glad you changed your name to protect your identity
Then stop quoting me!!! argh....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,766
  • Oct 22, 2012 2:01pm Oct 22, 2012 2:01pm
Quoting fxtyrant
Then stop quoting me!!! argh....
I'm not ya little tyrant you
  • #327,767
  • Oct 22, 2012 2:03pm Oct 22, 2012 2:03pm
Quoting gavalar
I'm not ya little tyrant you
Wooo hooo! actually i think the username tyrant fits me well.... im like the cute little tazmanian devil around here wakakak....
but then again i can make shit loads of mess Muahahahha
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,768
  • Oct 22, 2012 2:14pm Oct 22, 2012 2:14pm
Quoting fxtyrant
oh it would...

the FED is the economy
  • #327,769
  • Oct 22, 2012 2:17pm Oct 22, 2012 2:17pm
Quoting nAVIN2007
the FED is the economy
The British OWNS the world... Conspiracy much??

Talk about conspiracy.... Heres a brief video about the Fed....
Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,770
  • Oct 22, 2012 2:30pm Oct 22, 2012 2:30pm
Quoting redbeben
coming closer to the point of no return.

eyeball 1.0263-80 if that fails( I doubt it will fail on first attempt and consolidation will be seen) we go to last TP
Try the commercial section Red, it's clearly where you belong.
Come with me if you want to live....
  • #327,771
  • Oct 22, 2012 2:34pm Oct 22, 2012 2:34pm
Quoting fxtyrant
The British OWNS the world... Conspiracy much??

Talk about conspiracy.... Heres a brief video about the Fed....
http://www.youtube.com/watch?feature...&v=a2roews2_1c

yeah thats why i held the pound the sum bitch always rises..except when im long
  • #327,772
  • Oct 22, 2012 3:17pm Oct 22, 2012 3:17pm
this market is fuck boring...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,773
  • Oct 22, 2012 3:26pm Oct 22, 2012 3:26pm
Quoting nAVIN2007
yeah thats why i held the pound the sum bitch always rises..except when im long
I wouldn't mind if it rose a little bit more, so that I could re-enter with a short
  • #327,774
  • Oct 22, 2012 3:50pm Oct 22, 2012 3:50pm
Quoting Nachiket
you are rite. but their orders are in millions and urs in 1000 or probably 100's. for you losing 1000's is a big deal. for them losing millions is nothing. they don't trade with their money. it is client's money. their margins are on the spreads and on the client recommendation newsletter services/tips
Hi Nachiket, Whats the meaning of "their margins are on the spreads" ?
To Your Success!!
  • #327,775
  • Oct 22, 2012 3:56pm Oct 22, 2012 3:56pm
Quoting ndsouz
Hi Nachiket, Whats the meaning of "their margins are on the spreads" ?
Actually i tooo wana know what he meant by that...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,776
  • Oct 22, 2012 3:57pm Oct 22, 2012 3:57pm
Quoting fxtyrant
The British OWNS the world... Conspiracy much??

Talk about conspiracy.... Heres a brief video about the Fed....
http://www.youtube.com/watch?feature...&v=a2roews2_1c
Great video and sadly... oh so true.

Although I prefer using the word "plan" rather than conspiracy. Why? The word conspiracy instantly portrays some whacked out thinking that is easily dismissed.

The word "plan" describes PRECISELY what it is, and what it was from the start.

BTW, you're indentity is safe with me.
Ghost Rider - WWTBMD?
  • #327,777
  • Oct 22, 2012 3:58pm Oct 22, 2012 3:58pm
Quoting ndsouz
I'm Buy @1.6040 SL-1.6009 TP-1.6100 , But I may want to jump off the trade at 1.6080 ish. Keeping fingers crossed & Lets hope for the best!

Here is dollar index on renko chart. Not clearly in short side, but do have a bear candle formation. So if its going down "Great", if its not .. I'll only tolerate till it decides to close a bull candle to exit GBP/USD buy in a loss. No worries either way, max SL for me is 31 pips soo...
Attachment
My Stoploss is increased to 1.5979 as my last stand to my trade, a little below the weeks low.

update on dollar index...
Attached Image (click to enlarge)
Click to Enlarge Name: dollar_index4.gif Size: 47 KB


I'm Expecting that its just a dummy breakout on the upside in Dollar Index, Its still on resistance area and also without making a retrace, so maybe if it goes down now.. it should be a clear move to the downside for the USD.

BTW, my view is not biased because I'm long on GBP/USD. But even if I wasn't in any trade and would decide to take a trade at this point. The better chance of Dollar going down and Buy GBP/USD at this price with my Stoploss 10 pips below the weeks low would be my bet.

Anyways... I can be wrong and trade at your own risk and your own decision.. Cheers.
To Your Success!!
  • #327,778
  • Oct 22, 2012 4:03pm Oct 22, 2012 4:03pm
Quoting albchr
Great video and sadly... oh so true.

Although I prefer using the word "plan" rather than conspiracy. Why? The word conspiracy instantly portrays some whacked out thinking that is easily dismissed.

The word "plan" describes PRECISELY what it is, and what it was from the start.

BTW, you're indentity is safe with me.
Thanks alb, dont want no conspiracy PLAN discussion coming out as part of my interview with a bank... that would obviously get me on their blacklist before i even work for them... LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,779
  • Oct 22, 2012 4:08pm Oct 22, 2012 4:08pm
The pair is still under constructive for now. there is no point of jumping into a position without clear view of the direction.
forexpillariscipline & patience Trader
  • #327,780
  • Oct 22, 2012 4:21pm Oct 22, 2012 4:21pm
Quoting fxtyrant
Thanks alb, dont want no conspiracy PLAN discussion coming out as part of my interview with a bank... that would obviously get me on their blacklist before i even work for them... LOL
LOL...I wouldn't worry about that. Whatever "bank" you intend applying to is now nothing more than a tool for the FED and I'm sure those who work there even at the top know nothing of the big picture. (Beyond conspiracy "theory's" that is)

Now if this were the 1800's? you "may" have cause for concern...LOL
Ghost Rider - WWTBMD?
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