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Cable Update (GBPUSD)

  • #330,661
  • Nov 23, 2012 4:20am Nov 23, 2012 4:20am
dunno...but seem there will be little correction
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not euphoria follower
  • #330,662
  • Nov 23, 2012 4:43am Nov 23, 2012 4:43am
will share my ideas, charts and leves by live @11.00gmt (in 15 minutes from now)
just join it's free and we can interact live.

topic:

1. GBP USD
2. EUR USD
3. EUR GBP
4. XAU - EJ - UJ

total 45-50 minutes max!

link here
http://www.dukascopy.com/tv/Live
it's free (...!)
90% of traders use TA, indicators and prediction
  • #330,663
  • Nov 23, 2012 4:43am Nov 23, 2012 4:43am
Quoting fataljack
Ok just last week this pair was strongly bearish now just help me with this guys
What has happend this week that has turned it from bearish to bullish ?

im interested to know your take on it?.why do u think it is bullish or is it not?
  • #330,664
  • Nov 23, 2012 4:59am Nov 23, 2012 4:59am
not sure ... but who knows ...

Quoting iqyu5an
trying to short in correction before next bull...

not sure.....am just trying ...

***
the same thing with euro but some green news give her a bit shoot for a shock
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not euphoria follower
  • #330,665
  • Nov 23, 2012 5:22am Nov 23, 2012 5:22am
Looking for a bounce off 924-ish, tight stop, close to be at first opportunity.
ST trend suggests 16020, but I'll prolly chicken out at the figure...

15924 also the 50% retrace of last week's move down, may give a bit of additional support.
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  • #330,666
  • Nov 23, 2012 6:06am Nov 23, 2012 6:06am
I seeee yooouuuuu.....

Sneaky sneaky...



I know Benny can do it, just keep pumping the economy full of gas until the ink runs out...

Then perhaps sometime late next year around 1.67 or so, when the true financial situation of the ENTIRE FUCKING GLOBE finally hits home to every investor in the entire world.

All that will be left to do,

is sell.........

Have a great weekend everyone.

I've Got to go to bed.

Goodnight all
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Come with me if you want to live....
  • #330,667
  • Nov 23, 2012 6:20am Nov 23, 2012 6:20am
Quoting Ill-b-back
I seeee yooouuuuu.....

Sneaky sneaky...



I know Benny can do it, just keep pumping the economy full of gas until the ink runs out...

Then perhaps sometime late next year around 1.67 or so, when the true financial situation of the ENTIRE FUCKING GLOBE finally hits home to every investor in the entire world.

All that will be left to do,

is sell.........

Have a great weekend everyone.

I've Got to go to bed.

Goodnight all
dude this is not an art class..
looks like u drawing a crab?
  • #330,668
  • Nov 23, 2012 6:32am Nov 23, 2012 6:32am
Quoting Ill-b-back

I know Benny can do it, just keep pumping the economy full of gas until the ink runs out...

Then perhaps sometime late next year around 1.67 or so, when the true financial situation of the ENTIRE FUCKING GLOBE finally hits home to every investor in the entire world.

All that will be left to do,

is sell.........

Have a great weekend everyone.

I've Got to go to bed.

Goodnight all
But sell which? GBP or USD?
  • #330,669
  • Nov 23, 2012 6:32am Nov 23, 2012 6:32am
Hey guys. We are now approaching a supportive zone on cable. SL is already at +1. If the line would be broken - on a pullback would consider to go short with an ID range template.
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Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #330,670
  • Nov 23, 2012 6:36am Nov 23, 2012 6:36am
Quoting nAVIN2007
dude this is not an art class..
looks like u drawing a crab?
You know me nAV, I love to chart

But to be honest mate, I think it's one of those situations where the technicals support the current BS money printing fundamentals.

I do still see the distinct and very real possibility of a break down to 52 area retesting the long red diagonal that starts from the top left corner, but then up.

This lack of volatility I think is also related to the market catching itself before it drops too far which started in ernest around Sept last year. The market was overcoming the big bear train with hopes and dreams of funny money, and they got it. This absorbing of bearish momentum is still taking place on the higher TF's from what I can see, and we have not yet created Bennies bullish momentum, but it will come I think, for a while anyway.

In the meantime, on the higher timeframes, we are still pushing bear shit up hill

Anyway, it was fun to do.

Goodnight mate, have a great weekend
Come with me if you want to live....
  • #330,671
  • Nov 23, 2012 6:38am Nov 23, 2012 6:38am
Quoting nAVIN2007
dude this is not an art class..
looks like u drawing a crab?


The Correct One, The Art Picture of Trading

Or DIAMOND Art Spider's in Shadow...
Always looking the GREAT, never left GOOD Point...
  • #330,672
  • Nov 23, 2012 6:39am Nov 23, 2012 6:39am
Quoting Typeface
But sell which? GBP or USD?
Sell every equity on earth and buy USD.

In other words, risk off like never before.

Dude,this is just something that came into my mind. It's a bit fanciful but I see it as possible, particularly in the basic monthly chart showing just the "M".
Come with me if you want to live....
  • #330,673
  • Nov 23, 2012 6:40am Nov 23, 2012 6:40am
Quoting Ill-b-back
You know me nAV, I love to chart

But to be honest mate, I think it's one of those situations where the technicals support the current BS money printing fundamentals.

I do still see the distinct and very real possibility of a break down to 52 area retesting the long red diagonal that starts from the top left corner, but then up.

This lack of volatility I think is also related to the market catching itself before it drops too far which started in ernest around Sept last year. The market was overcoming the big bear train with hopes and dreams...
Good A lot Charts

Defferent Charts time frime with another View
Always looking the GREAT, never left GOOD Point...
  • #330,674
  • Nov 23, 2012 6:42am Nov 23, 2012 6:42am
Quoting Ill-b-back
You know me nAV, I love to chart

But to be honest mate, I think it's one of those situations where the technicals support the current BS money printing fundamentals.

I do still see the distinct and very real possibility of a break down to 52 area retesting the long red diagonal that starts from the top left corner, but then up.

This lack of volatility I think is also related to the market catching itself before it drops too far which started in ernest around Sept last year. The market was overcoming the big bear train with hopes and dreams...
i think we are going to break the low..but it going to be slow..but have no real idea thou..no conviction really
night buddy
  • #330,675
  • Nov 23, 2012 6:44am Nov 23, 2012 6:44am
Quoting Tsar


The Correct One, The Art Picture of Trading

Or DIAMOND Art Spider's in Shadow...

u have to one thing thou..its bloody creative
  • #330,676
  • Nov 23, 2012 6:47am Nov 23, 2012 6:47am
Quoting Mr.C
Hey guys. We are now approaching a supportive zone on cable. SL is already at +1. If the line would be broken - on a pullback would consider to go short with an ID range template.
great chart as always C
  • #330,677
  • Nov 23, 2012 6:48am Nov 23, 2012 6:48am
Quoting nAVIN2007
i think we are going to break the low..but it going to be slow..but have no real idea thou..no conviction really
night buddy
So I'm the artist and you're the poet

Need more of our tree hugging kind in this messed up world brother
Come with me if you want to live....
  • #330,678
  • Nov 23, 2012 6:51am Nov 23, 2012 6:51am
Quoting Ill-b-back
Sell every equity on earth and buy USD.

In other words, risk off like never before.

Dude,this is just something that came into my mind. It's a bit fanciful but I see it as possible, particularly in the basic monthly chart showing just the "M".
I get that. Better yet, buy gold.
  • #330,679
  • Nov 23, 2012 6:53am Nov 23, 2012 6:53am
Quoting nAVIN2007
u have to one thing thou..its bloody creative
Yup... Agreed with you

Market's ran out of energy to move and it will take a long time...
Wait for what ? Until London Market's closed ??
Always looking the GREAT, never left GOOD Point...
  • #330,680
  • Nov 23, 2012 6:54am Nov 23, 2012 6:54am
Quoting Typeface
I get that. Better yet, buy gold.
Horde it like hell, it's the only thing along with Silver I guess that's going to be worth diddly squat once the ink runs out
Come with me if you want to live....
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