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Cable Update (GBPUSD)

  • #331,821
  • Dec 6, 2012 8:05am Dec 6, 2012 8:05am
Quoting A-speculator
that is just your personal perception/opinion only.. maybe market has another opinion on that..
well i have to be persistent to my opinion and guess what what i just typed to you about equilibrium, is a true fact from economics 101, i know a lot of people are gona say its time to drop the books, market moves where it moves and it doesnt matter what the books say....

Well im sorry to say.... when market gets TOOO disequilibriumed, one example i want to hint at is the US housing market collapse.... at 2008, when every analysts were saying oh its going up going up to infinity and beyond... BAM.... 2008 hit them in the face and banks collapses....
so dont tell me about how market is not into the rule of demand and supply my friend because you are just kidding yourself to ignore the fact that it is....

anyways.... enough with my talk.... but im still intrigued to find out what is the fate of my trades..... technically speaking the yen pairs should pull back and im totally buying the yen up for pullback.

anyways... This picture my friend is one sight for sore eyes....
that white line i plotted on the EURUSD... and the 1.31... man.... ingenius...
im eyeing EURUSD to perhaps go back down to 1.2900
https://dl.dropbox.com/u/52561775/Fo...22012.1400.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,822
  • Dec 6, 2012 8:07am Dec 6, 2012 8:07am
Quoting fxtyrant
well i have to be persistent to my opinion and guess what what i just typed to you about equilibrium, is a true fact from economics 101, i know a lot of people are gona say its time to drop the books, market moves where it moves and it doesnt matter what the books say....

Well im sorry to say.... when market gets TOOO disequilibriumed, one example i want to hint at is the US housing market collapse.... at 2008, when every analysts were saying oh its going up going up to infinity and beyond... BAM.... 2008 hit them in the face and banks collapses....
so...
i have a PO at 3015 on that pair mate..
  • #331,823
  • Dec 6, 2012 8:09am Dec 6, 2012 8:09am
Quoting A-speculator
i have a PO at 3015 on that pair mate..
okay and looking from the daily you maybe right... EURUSD may go up from 1.30 back to retest 1.31 but if that 2nd test on 1.31 fails... im eying 1.25 in longer term.... heading into 2013
i'll give you a hint Italy, Spain and France are next in line of the EURO shitcan.....

may i ask if French Corporation tax at 70% is sustainable? for the eurozone's economy thats shrinking? ehehe....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,824
  • Dec 6, 2012 8:12am Dec 6, 2012 8:12am
Quoting fxtyrant
okay and looking from the daily you maybe right... EURUSD may go up from 1.30 back to retest 1.31 but if that 2nd test on 1.31 fails... im eying 1.25 in longer term.... heading into 2013
i'm not right mate, market always right. i'm just a small speculator trying to take advantage on the bigger positions out there. market can invalidate my price any time.
  • #331,825
  • Dec 6, 2012 8:18am Dec 6, 2012 8:18am
Quoting A-speculator
i'm not right mate, market always right. i'm just a small speculator trying to take advantage on the bigger positions out there. market can invalidate my price any time.
just to show you my counter trend strategy works as a technical trading system...
USDCHF is finally showing some promises fromt he long i made 2 days ago
as for the Yen trades i got... if only the japs quit yapping on the easing rumors....
https://dl.dropbox.com/u/52561775/Fo...22012.1417.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,826
  • Dec 6, 2012 8:21am Dec 6, 2012 8:21am
Quoting fxtyrant
just to show you my counter trend strategy works as a technical trading system...
USDCHF is finally showing some promises fromt he long i made 2 days ago
as for the Yen trades i got... if only the japs quit yapping on the easing rumors....
https://dl.dropbox.com/u/52561775/Fo...22012.1417.gif
perhaps 9300 is the price you would like to take into account mate..
  • #331,827
  • Dec 6, 2012 8:23am Dec 6, 2012 8:23am
Quoting A-speculator
perhaps 9300 is the price you would like to take into account mate..
nah... daily signal came in as you can see and RSI has plenty more room upwards... im stick to 0.9350/9400 take profit as thats where the DAILY EMA55 or daily EMA200 is at....
in a couple days we shall see.... charts dont lie.... trending or counter trend....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,828
  • Dec 6, 2012 8:57am Dec 6, 2012 8:57am
Quoting A-speculator
imho, with just sustained trading below 9920 is not good enough.. we must have confirmed breakout of 9900 and sustained trading below it..
Looking for daily close below 2 months low..
Attached Image (click to enlarge)
Click to Enlarge Name: capture-20121206-141448 USDCAD D1.png Size: 54 KB



Euro & EURGBP approaching good aggressive buy on dips windows.. Cable may be the sole S/T beneficiary with a pop over 30..
  • #331,829
  • Dec 6, 2012 9:00am Dec 6, 2012 9:00am
just sharing the link to today's live session where i discussed some setups on GU and minor pairs:
CHF crosses mostly.

no adversting. no selling. no spamming. no merchandising. no need of youtube views. nothing at all.
simply putting few words in addition to my posts.
good for swing traders
90% of traders use TA, indicators and prediction
  • #331,830
  • Dec 6, 2012 9:07am Dec 6, 2012 9:07am
Quoting cdndollar
Looking for daily close below 2 months low..
Attachment


Euro & EURGBP approaching good aggressive buy on dips windows.. Cable may be the sole S/T beneficiary with a pop over 30..
maybe, but first we must clear 9900 first, no break no shaq.. lol.
  • #331,831
  • Dec 6, 2012 9:10am Dec 6, 2012 9:10am
Quoting A-speculator
maybe, but first we must clear 9900 first, no break no shaq.. lol.
btw your eurusd pending triggered at 1.3015... and you're now in -20 pips under water....
i hope youhave a Sl on it...

and the GBP folds... 1.61 meh haha...Nav saw it too btw guys... he said hes out after 1.61 reached...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,832
  • Dec 6, 2012 9:15am Dec 6, 2012 9:15am
BTW folks, dont be surprised if we end the week back in the channel... i did mention that it will attempt to....
also look were we managed to get multiple rejection at the 61.8% fibo??
meh...
https://dl.dropbox.com/u/52561775/Fo...22012.1514.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,833
  • Dec 6, 2012 9:17am Dec 6, 2012 9:17am
Quoting fxtyrant
btw your eurusd pending triggered at 1.3015... and you're now in -20 pips under water....
i hope youhave a Sl on it...

and the GBP folds... 1.61 meh haha...Nav saw it too btw guys... he said hes out after 1.61 reached...
yeah it's currently in red mate.. i do have SL.. no worry..
  • #331,834
  • Dec 6, 2012 9:18am Dec 6, 2012 9:18am
Quoting A-speculator
yeah it's currently in red mate.. i do have SL.. no worry..
anyways wishing you green pips... im just glad my EURJPY is back in Green.... now waiting for the GBPJPY to go in green..... if only the god damn japs shut their mouth up.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,835
  • Dec 6, 2012 9:20am Dec 6, 2012 9:20am
Quoting fxtyrant
anyways wishing you green pips... im just glad my EURJPY is back in Green.... now waiting for the GBPJPY to go in green..... if only the god damn japs shut their mouth up.....
it's ok mate, i have other pairs supporting the position.. currently i'm working out on the exit, i hate to hold red position too long..
  • #331,836
  • Dec 6, 2012 9:23am Dec 6, 2012 9:23am
Quoting A-speculator
it's ok mate, i have other pairs supporting the position.. currently i'm working out on the exit, i hate to hold red position too long..
my god.... my yen trades are finally coming back closer to greenish-ness... USDCHF already in green
EURJPY already in green...
GBPJPY will be back in green if GBPUSD gets back in the downwards channel i predicted it would then yea my acocunt is safe EVEN without flooding hte acocunt with more money...

:/ damn the trades wouldve survived even before i flood the account with money... i should've had a bit more trust on my system wtf...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,837
  • Dec 6, 2012 9:28am Dec 6, 2012 9:28am
Quoting fxtyrant
my god.... my yen trades are finally coming back closer to greenish-ness... USDCHF already in green
EURJPY already in green...
GBPJPY will be back in green if GBPUSD gets back in the downwards channel i predicted it would then yea my acocunt is safe EVEN without flooding hte acocunt with more money...

:/ damn the trades wouldve survived even before i flood the account with money... i should've had a bit more trust on my system wtf...
why are you inject your account with more money? it's just like 4 trades only.. are you over leveraging mate?

i'm currently watching swissy testing the resistance at ~9315 area.. if that area breaks, i'll take my loss..
  • #331,838
  • Dec 6, 2012 9:30am Dec 6, 2012 9:30am
I closed my longs (usd lfx break des. tl + gbplfx build a SHS pattern + 100 pip down eu). Strong bearish play...(we will go lower than 1606)
  • #331,839
  • Dec 6, 2012 9:32am Dec 6, 2012 9:32am
Quoting A-speculator
why are you inject your account with more money? it's just like 4 trades only.. are you over leveraging mate?

i'm currently watching swissy testing the resistance at ~9315 area.. if that area breaks, i'll take my loss..
i flooded more money into the account cuz i realized i was trading dangerously... 1 Standard Lot on pairs like GBPJPY when my initial account for the demo was a 8k....
and i had 6 standard lots running on that account... i realized the account would probably margin call before i could fully test out my strategy....

my priority is
1. Test out the strategy to see if it works or not (if it doesnt work then money management wouldnt even help)
2. If strategy turns out to work, then need to work out the money managment implications.....
with an 8k account i should've traded at 0.1 lot instead of 1 standard lot lol.... oh well....
now account flooded with 60k im sure i can still test my strategy on 1 standard lot lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,840
  • Dec 6, 2012 9:33am Dec 6, 2012 9:33am
Quoting fxtyrant
i flooded more money into the account cuz i realized i was trading dangerously... 1 Standard Lot on pairs like GBPJPY when my initial account for the demo was a 8k....
and i had 6 standard lots running on that account... i realized the account would probably margin call before i could fully test out my strategy....

my priority is
1. Test out the strategy to see if it works or not (if it doesnt work then money management wouldnt even help)
2. If strategy turns out to work, then need to work out the money managment implications.....
with...
my god... lol.
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