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Cable Update (GBPUSD)

  • #328,941
  • Nov 2, 2012 8:08am Nov 2, 2012 8:08am
Hi how do you know ,just wondered


Quoting ZeroCool
Hi again ... if cable break 1.6013 it will reach 1.5964
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,942
  • Nov 2, 2012 8:10am Nov 2, 2012 8:10am
Quoting fxtyrant
Pound drop, pound drop...
Whatcha gona do? Whatcha gona do
When the pound falls down....

Sing it like the bad boys theme song hehe

For a change goldman were rite. they were saying watch out for 1.6070 and they were so fucking right. it dropped like a stone after that. also aussie is rising and now can go to 1.05
  • #328,943
  • Nov 2, 2012 8:13am Nov 2, 2012 8:13am
Quoting fxtyrant
Pound drop, pound drop...
Whatcha gona do? Whatcha gona do
When the pound falls down....

Sing it like the bad boys theme song hehe
  • #328,944
  • Nov 2, 2012 8:13am Nov 2, 2012 8:13am
for a bounce back to 1.6070
  • #328,945
  • Nov 2, 2012 8:14am Nov 2, 2012 8:14am
gbp aud
gbp aud
gbp aud !



Quoting Nachiket
For a change goldman were rite. they were saying watch out for 1.6070 and they were so fucking right. it dropped like a stone after that. also aussie is rising and now can go to 1.05
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,946
  • Nov 2, 2012 8:14am Nov 2, 2012 8:14am
Quoting Nachiket
for a bounce back to 1.6070

im glad u said this..might tank now
  • #328,947
  • Nov 2, 2012 8:15am Nov 2, 2012 8:15am
Quoting Nachiket
for a bounce back to 1.6070
I am surprised it fell to 1.6025. it should have bounced from 33
  • #328,948
  • Nov 2, 2012 8:16am Nov 2, 2012 8:16am
sell
Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud 2-11-12.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,949
  • Nov 2, 2012 8:16am Nov 2, 2012 8:16am
Quoting nAVIN2007
Btw im absolutely destroying this idiot on the aussie thread called sidhujag, he called for gold to bottom out and to shoot up to 18xx i called for gold bear continuation to atleast 1650.... Lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,950
  • Nov 2, 2012 8:16am Nov 2, 2012 8:16am
Quoting nAVIN2007
im glad u said this..might tank now
I said it yesterday Nav. I am a visionary u know
  • #328,951
  • Nov 2, 2012 8:17am Nov 2, 2012 8:17am
Quoting fxtyrant
Btw im absolutely destroying this idiot on the aussie thread called sidhujag, he called for gold to bottom out and to shoot up to 18xx i called for gold bear continuation to atleast 1650.... Lol
yes I know. both of you are good friends. bash each other
  • #328,952
  • Nov 2, 2012 8:18am Nov 2, 2012 8:18am
Quoting Nachiket
I am surprised it fell to 1.6025. it should have bounced from 33
Lol it shouldve this it shouldve that buddy... Its friday, its nfp day... Technicals arent really meaning much unless bigger timeframes like weekly and daily.... The fact ur talking bout levels at 33 and shit tells me ur a short tf traders and ppl like u get burned on news days like these....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,953
  • Nov 2, 2012 8:18am Nov 2, 2012 8:18am
Quoting Snooze
Thanks Tau! The pass 2 days was hell of a ride for me. Almost blew my account.. Stupid EA Stack so much Shorts that i have to intervene. Now i can have a good night sleep!
Sounds to me like a crap EA. Ditch it before it does blow your account up! In matter of fact all trading EAs are crap and will lose you money over time... just saying.

Have a nice weekend.
  • #328,954
  • Nov 2, 2012 8:19am Nov 2, 2012 8:19am
Quoting fxtyrant
Lol it shouldve this it shouldve that buddy... Its friday, its nfp day... Technicals arent really meaning much unless bigger timeframes like weekly and daily.... The fact ur talking bout levels at 33 and shit tells me ur a short tf traders and ppl like u get burned on news days like these....

calm down bro. I have made 100 pips already today. I don't have any position on GBP now. I am long aussie since yesterday.
  • #328,955
  • Nov 2, 2012 8:24am Nov 2, 2012 8:24am
Quoting Nachiket
I am surprised it fell to 1.6025. it should have bounced from 33
Your intraday support and resistance levels are wrong. Nearest support is 6019 and resistance is 6049. Should reach at least 6019 before London close.
  • #328,956
  • Nov 2, 2012 8:26am Nov 2, 2012 8:26am
Quoting bbakker
Your intraday support and resistance levels are wrong. Nearest support is 6019 and resistance is 6049. Should reach at least 6019 before London close.
33 was the price it stopped last time when it fell from 1.6120 to 1.6033 then from 1.6033 to 1.6066 back to 1.5997 and then to 1.5930
  • #328,957
  • Nov 2, 2012 8:27am Nov 2, 2012 8:27am
Quoting bbakker
Your intraday support and resistance levels are wrong. Nearest support is 6019 and resistance is 6049. Should reach at least 6019 before London close.
may be. Yes. but i would look for a bounce first
  • #328,958
  • Nov 2, 2012 8:28am Nov 2, 2012 8:28am
U.s Nfp etc.....T-60secs

G/L
ex member
  • #328,959
  • Edited 8:45am Nov 2, 2012 8:29am | Edited 8:45am
Quoting Nachiket
33 was the price it stopped last time when it fell from 1.6120 to 1.6033 then from 1.6033 to 1.6066 back to 1.5997 and then to 1.5930
Nah... you look too much! Keep it simple...

http://gyazo.com/6510b9f41e3c606992a2e4c72fcc8dfb

I look for hourly closes above S/R as you do get spikes, better known as false break outs. The key is to know when they are false break outs and trade of them for really good R/R ratio. Match up intraday S/R with Supply and demand zones for better probabilities. NOTE: These S/R sometimes change slightly between Asia / Europe and US sessions. Throw up the hourly on GU and look for ~30 pips S/R and on EU it is 20 pips. KEEP IT SIMPLE!
  • #328,960
  • Nov 2, 2012 8:30am Nov 2, 2012 8:30am
Quoting bbakker
Sounds to me like a crap EA. Ditch it before it does blow your account up! In matter of fact all trading EAs are crap and will lose you money over time... just saying.

Have a nice weekend.
Yeah at times it can rack up a lot of trades. So far it perform as it states. Average 10% gain a month but when there is big news than it will start to rack up more n more big lots, thats when human intervention is needed. To be honest, i was quite worried that some of you guys said it will go up to 6220. Gonna off the EA for the time being!

You too have a nice weekend!
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