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Cable Update (GBPUSD)

  • #331,701
  • Dec 5, 2012 6:53am Dec 5, 2012 6:53am
Quoting Zircon
Haha, just buy no worry

buy? why? any reasonong?
  • #331,702
  • Dec 5, 2012 6:55am Dec 5, 2012 6:55am
Quoting Nachiket
buy? why? any reasonong?
I am buyer.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #331,703
  • Dec 5, 2012 6:59am Dec 5, 2012 6:59am
Here is an update on the cable 4 hour Chart. This is the second flag forming & it looks like we are going to break 1.6168x but don't know when this will happen. Cable looks stable & strong for now & I will stay away from selling.

GL & Green Pips to All
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Numbers NEVER Lie
  • #331,704
  • Dec 5, 2012 7:38am Dec 5, 2012 7:38am
Quoting tunera
It's about wait, wait and do nothing, somehow very hard thing to do in nowadays life.

Great buy!
I think it's also the influence of "Fast Food Syndrome".. as after being immersed under this phenomenon, a few generation of grass hoppers had come to expect everything FAST in life nowadays.. everybody want fast results.. and when it doesn't happen, they get very impatient & start blaming everything under the sun..

Another mini term lead lag line dance here between Euro+EURGBP+GBP.. Euro upside temporary stalled by it's crosses.. a bounce in-front of 1.3020 & slinging above 1.31 with EURGBP & USDJPY side to up PA could see the Cable 80~90 bids flushing out the stops above 1.6150..

http://slackbastard.anarchobase.com/.../10/whyuno.jpg
  • #331,705
  • Dec 5, 2012 7:54am Dec 5, 2012 7:54am
Quoting cdndollar
I think it's also the influence of "Fast Food Syndrome".. as after being immersed under this phenomenon, a few generation of grass hoppers had come to expect everything FAST in life nowadays.. everybody want fast results.. and when it doesn't happen, they get very impatient & start blaming everything under the sun..

Another mini term lead lag line dance here between Euro+EURGBP+GBP.. Euro upside temporary stalled by it's crosses.. a bounce in-front of 1.3020 & slinging above 1.31 with EURGBP & USDJPY side to up PA could see the Cable...
Hehe -

Mr.C

I have come to really enjoy your sense of humour.. very sharp indeed... sharp like a bus ticket.

Enjoy your posts.
Attached Image
  • #331,706
  • Dec 5, 2012 8:27am Dec 5, 2012 8:27am
Quoting TauTrader
Hehe -

Mr.C

I have come to really enjoy your sense of humour.. very sharp indeed... sharp like a bus ticket.

Enjoy your posts.
morning Mr.Tau.. nothing thing happening today.. perhaps all the young Hedgies are away from their desks & hanging out at McDonald slurping down big Macs.. so how about if you buy a few yard here & send this lazy cable car up to 1.6250?

http://blogs.library.ucla.edu/specia...07/co-csh3.jpg
  • #331,707
  • Dec 5, 2012 8:45am Dec 5, 2012 8:45am
Quoting cdndollar
morning Mr.Tau.. nothing thing happening today.. perhaps all the young Hedgies are away from their desks & hanging out at McDonald slurping down big Macs.. so how about if you buy a few yard here & send this lazy cable car up to 1.6250?

http://blogs.library.ucla.edu/specia...07/co-csh3.jpg
Would love to, kind sir

But I have this mental block... EU target 1.2910... so in two minds.. could very well be when 1.6250 is reached - only lower then.

I'm unfortunately involved in EU short here - so funds are tied up. ( provision - you know..)

Friday be interesting

Regards
  • #331,708
  • Dec 5, 2012 8:46am Dec 5, 2012 8:46am
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....
imo, gj will no nowhere and might move slowly to the upside, except confirmed breakout of the 131.50..
  • #331,709
  • Dec 5, 2012 9:11am Dec 5, 2012 9:11am
Quoting TauTrader
Would love to, kind sir

But I have this mental block... EU target 1.2910... so in two minds.. could very well be when 1.6250 is reached - only lower then.

I'm unfortunately involved in EU short here - so funds are tied up. ( provision - you know..)

Friday be interesting

Regards
ok.. looks like we stay in snooze until tomorrow or Friday's uncle Sam'e No Fun Party report..
so I'll go snooze too..
Best to you sir..
  • #331,710
  • Dec 5, 2012 9:31am Dec 5, 2012 9:31am
so, yesterday 40pips range, today not even that, seriously.. come on...
  • #331,711
  • Dec 5, 2012 9:39am Dec 5, 2012 9:39am
Simple chart.

Busy building something.. bull flag? if so - time to break north.

Another bar down? then 250 pips south it is - as the bar is close to it's natural top. I'm going for the latter - but on EU.
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  • #331,712
  • Dec 5, 2012 9:43am Dec 5, 2012 9:43am
Quoting TauTrader
Simple chart.

Busy building something.. bull flag? if so - time to break north.

Another bar down? then 250 pips south it is - as the bar is close to it's natural top. I'm going for the latter - but on EU.
yeah, hopefully mate it will go down.. i'm waiting at 1.3, i hope it doesn't takes weeks to get there..
  • #331,713
  • Dec 5, 2012 10:26am Dec 5, 2012 10:26am
Quoting cdndollar
I think it's also the influence of "Fast Food Syndrome".. as after being immersed under this phenomenon, a few generation of grass hoppers had come to expect everything FAST in life nowadays.. everybody want fast results.. and when it doesn't happen, they get very impatient & start blaming everything under the sun..

Another mini term lead lag line dance here between Euro+EURGBP+GBP.. Euro upside temporary stalled by it's crosses.. a bounce in-front of 1.3020 & slinging above 1.31 with EURGBP & USDJPY side to up PA could see the Cable...

this post is way too much long.
took almost 30seconds to read half of it!
90% of traders use TA, indicators and prediction
  • #331,714
  • Dec 5, 2012 10:28am Dec 5, 2012 10:28am
Woke up this Morning and kept wondering - The Hell was eating away at my Profit ? And there it was ... @50 ..
There 's a 6 day demand behinde it , so it might get absorbed ..

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  • #331,715
  • Dec 5, 2012 10:31am Dec 5, 2012 10:31am
Quoting A-speculator
imo, gj will no nowhere and might move slowly to the upside, except confirmed breakout of the 131.50..
hello
GJ i'm waiting to see if get the 133.40/50
check it on daily zoom out.
should find problems there.
maybe not 5.000.000pips down like last time but..... some 50pips pullback is possible
90% of traders use TA, indicators and prediction
  • #331,716
  • Dec 5, 2012 10:33am Dec 5, 2012 10:33am
Quoting taomql4
Woke up this Morning and kept wondering - The Hell was eating away at my Profit ? And there it was ... @50 ..
There 's a 6 day demand behinde it , so it might get absorbed ..

http://www.youtube.com/watch?v=QuoKN...eature=mh_lolz

http://www.youtube.com/watch?v=5qm8PH4xAss
why h50?
90% of traders use TA, indicators and prediction
  • #331,717
  • Dec 5, 2012 10:39am Dec 5, 2012 10:39am
Quoting _BBKing_
why h50?
It's was the only Time-Frame that clearly showed the Supply Level ...

BTW - When is Your next Webinar ?
  • #331,718
  • Dec 5, 2012 10:46am Dec 5, 2012 10:46am
Quoting _BBKing_
hello
GJ i'm waiting to see if get the 133.40/50
check it on daily zoom out.
should find problems there.
maybe not 5.000.000pips down like last time but..... some 50pips pullback is possible
yups, i'm not shorting it mate.. but i'm not comfortable to long it either.. atm i just trade other pairs, the aussie, kiwi, candy and looking closely on the swissy..
  • #331,719
  • Dec 5, 2012 11:04am Dec 5, 2012 11:04am
Nightmare PA today. I went short this morning at 1.6113 and I'm currently up 6 pips after watching EU have a nice ride down. Sick as a parrot. LOL That's 10 hours screen watching for zip.

I saw the big fall in EURGBP was keeping GU propped up but figured if I waited for EURGBP to find support then GU would finally have it's turn to fall. Looks like I was wrong.
  • #331,720
  • Dec 5, 2012 11:06am Dec 5, 2012 11:06am
hopefully, we can see breakout of 9900 on candy by today, i hope this will be the 4h breakout candle.
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