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Cable Update (GBPUSD)

  • #331,861
  • Dec 6, 2012 8:55am Dec 6, 2012 8:55am
Quoting A-speculator
yeah, i think so.. missed my entry by 2 pips.. again.. oh well..
- they see you
  • #331,862
  • Dec 6, 2012 8:57am Dec 6, 2012 8:57am
Quoting TauTrader
- they see you
lol.. it's ok..
  • #331,863
  • Dec 6, 2012 9:08am Dec 6, 2012 9:08am
for fiber, i think things might have calm down a bit, price might pause here for a while and bring some exposure to the upside.. let's see how far this can go..

price below 1.3 i think not quite the zone for the bulls, so if there's momentum going back up, let's see how far it can go..
  • #331,864
  • Dec 6, 2012 9:20am Dec 6, 2012 9:20am
Guys, I think your in the wrong discussion group. Read the title of the forum, it says GBPUSD.
  • #331,865
  • Dec 6, 2012 9:22am Dec 6, 2012 9:22am
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  • #331,866
  • Dec 6, 2012 9:24am Dec 6, 2012 9:24am
buying cable here now 6050?
who has steel balls to do?
lol
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  • #331,867
  • Dec 6, 2012 9:26am Dec 6, 2012 9:26am
Quoting _BBKing_
buying cable here now 6050?
who has steel balls to do?
lol
indeed.... tank!
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  • #331,868
  • Dec 6, 2012 9:26am Dec 6, 2012 9:26am
I love being on the right side of a trade
  • #331,869
  • Dec 6, 2012 9:27am Dec 6, 2012 9:27am
Quoting alex1976
Guys, I think your in the wrong discussion group. Read the title of the forum, it says GBPUSD.
Good day to you, Alex1976

Fair enough.

Regards
  • #331,870
  • Dec 6, 2012 9:30am Dec 6, 2012 9:30am
Quoting TauTrader
Good day to you, Alex1976

Fair enough.

Regards

Good day brother, plenty of excitement now on cable.
  • #331,871
  • Dec 6, 2012 9:30am Dec 6, 2012 9:30am
Quoting _BBKing_
buying cable here now 6050?
who has steel balls to do?
lol
Lol buddy, i remember how i was shouting watch out GBPUSd to top out at 1.61 and attempt to re-enter the channel....
and so we did...

i announced ppl to watch out, especially those longing GBPUSD thinking 1.61 was broke for 1.6175
this was 03/12/2012
https://dl.dropbox.com/u/52561775/Fo...22012.1645.gif

And this is TODAY!!!, and for a bit more, i finally reveal the reason why 1.61 and why NAV think its gona top out there.... MUAHAHAHAH
im so evil, keeping things secret...
the 61.8% fibo....
someone mad?? (oh well i should be humble they say...)
https://dl.dropbox.com/u/52561775/Fo...22012.1726.gif

PS. still remember my 2 Scenarios for GBPUSD?? yolo...

Quoting fxtyrant
Okay pay attention....
here are the 2 scenarios i've mentioned and it all comes down to how market reacts tomorrow....

scenario 1
if tomorrow we get a retest and a confirmed bounce off that trendlien then yes its good time to long....
Attachment

And this is scenario 2, where this Spike above might actually be a bull trap...

scenario 2
If tomorrow we get a retest yet however, by close of tomorrow's candle we manage to get BACK below that downtrend... then it means the Move above today was a fakeout... also known as a bull trap... so DO BECAREFUL!!!
Attachment

Also pay attention to the RSI indicator... its suggesting the Bullish run is limited.... i will be looking to short if i get signals up at 1.62 to short all the way back down to that 1.5880 EMA 200
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,872
  • Dec 6, 2012 9:30am Dec 6, 2012 9:30am
..
Attached Image
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  • #331,873
  • Dec 6, 2012 9:32am Dec 6, 2012 9:32am
Quoting _BBKing_
buying cable here now 6050?
who has steel balls to do?
lol
lol. no mate.. it's suicide now.. let 4h settle first..
  • #331,874
  • Dec 6, 2012 9:34am Dec 6, 2012 9:34am
well done
indeed a lot of people thought the TL broken.
luckily i closed my longs.
now price approaching planned area for re-entry long.

but i stay out.
lol
gonna tank more imo.

tomorrow nfp could change things for a while.....
but definetly scenario is almost reversed:
xxx/chf up
xxx/usd down.
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  • #331,875
  • Dec 6, 2012 9:35am Dec 6, 2012 9:35am
Quoting _BBKing_
well done
indeed a lot of people thought the TL broken.
luckily i closed my longs.
now price approaching planned area for re-entry long.

but i stay out.
lol
gonna tank more imo.

tomorrow nfp could change things for a while.....
but definetly scenario is almost reversed:
xxx/chf up
xxx/usd down.
Gona tank more? lol buddy you know my target... as soon as Blue EMA 55 on daily gives way... im eyeing at that Red EMA 200 retested... which is around 5880.. LOL
btw Navin and i are in cahoots LOL... havent heard much from him but i knew hes gona get out as soon as it hits 1.61 muahahah

BTW you in Short EURJPY?? cuz my trade is looking juicy as hell... RSI has lots to drop so forgive me if my TP looks ambitious...
https://dl.dropbox.com/u/52561775/Fo...22012.1737.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,876
  • Dec 6, 2012 9:38am Dec 6, 2012 9:38am
My buy order got expired right when price was about to hit. Opened it manually at this level. Expecting some good upwards movement from this point.
  • #331,877
  • Dec 6, 2012 9:39am Dec 6, 2012 9:39am
Quoting A-speculator
lol. no mate.. it's suicide now.. let 4h settle first..
yes don't worry! mine was just an attempt sarcastic
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  • #331,878
  • Dec 6, 2012 9:39am Dec 6, 2012 9:39am
Quoting alex1976
Good day brother, plenty of excitement now on cable.
Yip - sure is.

We are at a very interesting point here... Normally, this down arrow ( rsi of rsi) will print to announce 2 possible things - the start of longer term directional change in the direction of the signal / or an excellent retrace point to go long. Since all other indicators are still supporting long and we have this beautiful trendline as support, the second scenario has higher probability..

But I am going to wait to see what my Renko charts do - will enter there when the right time comes.( for long). I will not enter short here - as I have other short on that other pair we can not mention here..
Attached Image (click to enlarge)
Click to Enlarge Name: gulongterm.jpg Size: 94 KB
  • #331,879
  • Dec 6, 2012 9:41am Dec 6, 2012 9:41am
Quoting TauTrader
Yip - sure is.

We are at a very interesting point here... Normally, this down arrow ( rsi of rsi) will print to announce 2 possible things - the start of longer term directional change in the direction of the signal / or an excellent retrace point to go long. Since all other indicators are still supporting long and we have this beautiful trendline as support, the second scenario has higher probability..

But I am going to wait to see what my Renko charts do - will enter there when the right time comes.( for long). I will not enter short here...
NZDJPY? that pair is a b***h but im glad you're in it with me now.... fucking B***H!!! i just want that b***h to drop hard... 1 day... juts ONE F**KING DAY the BOJ shut the hell up!!!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,880
  • Dec 6, 2012 9:43am Dec 6, 2012 9:43am
Quoting fxtyrant
Gona tank more? lol buddy you know my target... as soon as Blue EMA 55 on daily gives way... im eyeing at that Red EMA 200 retested... which is around 5880.. LOL
btw Navin and i are in cahoots LOL... havent heard much from him but i knew hes gona get out as soon as it hits 1.61 muahahah

BTW you in Short EURJPY?? cuz my trade is looking juicy as hell... RSI has lots to drop so forgive me if my TP looks ambitious...
GU can be going lower than 1.58. not confirmed now. need retest etc... but possible 1.57 area and lower.. pure personal idea of course!!
EJ??
LOL!! cashed short +60today +30yesterday. enough.
best move was today with Gch + CHF JPY
sadly i forgot to replicate them in the challenge :/
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