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Cable Update (GBPUSD)

  • #331,681
  • Dec 5, 2012 4:33am Dec 5, 2012 4:33am
Quoting fxtyrant
just when i wanted a day without anymore yen easing news... a fucking guy from the BOJ called Nasimura came out and talked up the yen easing.... my trades took a beating....
fuck sakes... cant the japs simply shut the hell up? its going to be a delayed profit for my trades now....
jpy is known to be an ass, during crisis situation or major risk off due to fundamental, yen take a huge appreciation against others, they rise and rise, and they always call themselves to be over-valued as strong yen will hurt their economy, now that the recent trend change [short term], they will take more opportunities to fill the market, so their yen can get weaker. Yen pairs are always seems as if one end to another, very trending and scary especially gbp/jpy.
  • #331,682
  • Dec 5, 2012 4:34am Dec 5, 2012 4:34am
Quoting fxtyrant
just when i wanted a day without anymore yen easing news... a fucking guy from the BOJ called Nasimura came out and talked up the yen easing.... my trades took a beating....
fuck sakes... cant the japs simply shut the hell up? its going to be a delayed profit for my trades now....

have to live up with those idiots. I agree with you. I sold eur/jpy at 107.82 and got out 15 mins back @55.
  • #331,683
  • Dec 5, 2012 4:36am Dec 5, 2012 4:36am
Quoting 5percent
jpy is known to be an ass, during crisis situation or major risk off due to fundamental, yen take a huge appreciation against others, they rise and rise, and they always call themselves to be over-valued as strong yen will hurt their economy, now that the recent trend change [short term], they will take more opportunities to fill the market, so their yen can get weaker. Yen pairs are always seems as if one end to another, very trending and scary especially gbp/jpy.
indeed... but what pisses me off most is that Abe isnt even elected yet and his loud mouth is taken in like kids with sugar.. its pissing me off dude... big time.... Abe needs to realise... He wants to weaken the Yen but not the world wide investors, japan has been in one heck of a down trend in growth, the last thing he needs is to ease up the yen to cause inflation that their population cannot afford (their population aging)
We live in a finite world with infinite possibilities.
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  • #331,684
  • Dec 5, 2012 4:37am Dec 5, 2012 4:37am
Quoting Nachiket
have to live up with those idiots. I agree with you. I sold eur/jpy at 107.82 and got out 15 mins back @55.
im in for the long haul.... i very much doubt with the japanese economy in stagnation that they can afford to have inflation...
We live in a finite world with infinite possibilities.
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  • #331,685
  • Dec 5, 2012 4:40am Dec 5, 2012 4:40am
Quoting fxtyrant
im in for the long haul.... i very much doubt with the japanese economy in stagnation that they can afford to have inflation...
forget the JAPS. lets concentrate on our baby GBP. another shit move happening after going down below 90
bounces so sharply. what is your view on that?
  • #331,686
  • Dec 5, 2012 4:45am Dec 5, 2012 4:45am
Quoting Nachiket
forget the JAPS. lets concentrate on our baby GBP. another shit move happening after going down below 90
bounces so sharply. what is your view on that?
i did mention last night's pinbar is vulnerable to a bearish candle today that could engulf the body of that pin to trigger a down move...
but im getting uneasy with how GBPUSD is moving as of late..... ever since that 100 pip shoot up its stuck below 1.61....
We live in a finite world with infinite possibilities.
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  • #331,687
  • Dec 5, 2012 5:00am Dec 5, 2012 5:00am
Hi All,

Looks like a head and shoulders forming on the 60min chart, I could be wrong any views on that ?
  • #331,688
  • Dec 5, 2012 5:14am Dec 5, 2012 5:14am
another divergent move. waiting for the autumn report looks like. damm gbp
  • #331,689
  • Dec 5, 2012 5:23am Dec 5, 2012 5:23am


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  • #331,690
  • Dec 5, 2012 5:24am Dec 5, 2012 5:24am
Quoting fxtyrant
i did mention last night's pinbar is vulnerable to a bearish candle today that could engulf the body of that pin to trigger a down move...
but im getting uneasy with how GBPUSD is moving as of late..... ever since that 100 pip shoot up its stuck below 1.61....

market is nuts..i havent seen so many fake signals or signal i have which arent working..its like candlestick formation arent working..lol
take the last 4hr..and this 4hr..they are keeping gbp up..
  • #331,691
  • Dec 5, 2012 5:26am Dec 5, 2012 5:26am
Quoting Scorpion786
Hi All,

Looks like a head and shoulders forming on the 60min chart, I could be wrong any views on that ?

not ideal but its kinda in the making especially if it breaks 1.6080
  • #331,692
  • Dec 5, 2012 5:32am Dec 5, 2012 5:32am
Quoting nAVIN2007
not ideal but its kinda in the making especially if it breaks 1.6080
i know you're in short bias after your bullish 1.61 target reached... but MAN its like market's not giving us that damn sugar...... i havent seen market so tight... and dont even get me started on the stinking japs....
We live in a finite world with infinite possibilities.
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  • #331,693
  • Dec 5, 2012 5:38am Dec 5, 2012 5:38am
Quoting nAVIN2007
not ideal but its kinda in the making especially if it breaks 1.6080
yep agree with you on lets see what happens if it breaks. Also seems to be a lot of confusing signals out there.
  • #331,694
  • Dec 5, 2012 6:07am Dec 5, 2012 6:07am
Quoting Scorpion786
yep agree with you on lets see what happens if it breaks. Also seems to be a lot of confusing signals out there.

the lower time frame is a blood bath
  • #331,695
  • Dec 5, 2012 6:08am Dec 5, 2012 6:08am
Quoting fxtyrant
i know you're in short bias after your bullish 1.61 target reached... but MAN its like market's not giving us that damn sugar...... i havent seen market so tight... and dont even get me started on the stinking japs....

u know me to well.lol
  • #331,696
  • Dec 5, 2012 6:10am Dec 5, 2012 6:10am
Quoting fxtyrant
i know you're in short bias after your bullish 1.61 target reached... but MAN its like market's not giving us that damn sugar...... i havent seen market so tight... and dont even get me started on the stinking japs....

I think no positioning before autumn report. buyers and sellers simply not touching it.
  • #331,697
  • Dec 5, 2012 6:18am Dec 5, 2012 6:18am
Quoting nAVIN2007
u know me to well.lol
buddy, you free to meetup on the 13th? or 15th? thats the 2 days i got left that i can come out to meet you before i leave...
We live in a finite world with infinite possibilities.
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  • #331,698
  • Dec 5, 2012 6:35am Dec 5, 2012 6:35am
Quoting PskovFX
you mean Сable at present? or Forex as a whole?
I can't really answer for Forex generally, but if the other pairs are as awful as Cable, then I mean Forex generally!
  • #331,699
  • Dec 5, 2012 6:38am Dec 5, 2012 6:38am
Quoting 16Nov16
I can't really answer for Forex generally, but if the other pairs are as awful as Cable, then I mean Forex generally!
except EURCHF.... i was long on that bitch but took profit at 1.2070.... looking at that shoot up... wish i held it for another 70 pips... :/
We live in a finite world with infinite possibilities.
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  • #331,700
  • Dec 5, 2012 6:52am Dec 5, 2012 6:52am
Haha, just buy no worry
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