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Cable Update (GBPUSD)

  • #332,781
  • Dec 24, 2012 10:06am Dec 24, 2012 10:06am
Buy Entry triggered at 1.6120 SL 1.6050 TP Open
Numbers NEVER Lie
  • #332,782
  • Dec 24, 2012 10:14am Dec 24, 2012 10:14am
Quoting taomql4
Have a Nice Holiday , Tsar ..
Thank's Mate...

I'm FLAT, Now. Just SHARE the H4 Chart...
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-12-24_GU in H4 Chart.png Size: 29 KB
Always looking the GREAT, never left GOOD Point...
  • #332,783
  • Dec 24, 2012 10:36am Dec 24, 2012 10:36am
Quoting fxtyrant
Im still seeing 1.58 on my charts... Nice weekly fakeout to the top had bulls thinking pf a breakout to long... Way to trap the bulls me thinks....
Audusd also dying... As i remarked months ago... Bearish anywhere below 1.0550/80
Right now still waiting for my yen trades on demo to turn profitable
Die GBP Die... sames goes for AUDUSD... funny i did make a prediction back in octber/november saying if AUDUSD stays below that weekly trendline at 1.055x/8x (and it did) we may still have a trading range from 0.98 to 1.06 on the AUDUSD..... watching AUDUSD playout...

in the mean time..... me going against the BOJ.... Meh... not the best game ive played....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,784
  • Dec 24, 2012 10:47am Dec 24, 2012 10:47am
Quoting Tsar
Thank's Mate...

I'm FLAT, Now. Just SHARE the H4 Chart...
Nice Chart ( As Always) , Tsar ..
  • #332,785
  • Dec 24, 2012 10:49am Dec 24, 2012 10:49am
Quoting fxtyrant
Die GBP Die... sames goes for AUDUSD... funny i did make a prediction back in octber/november saying if AUDUSD stays below that weekly trendline at 1.055x/8x (and it did) we may still have a trading range from 0.98 to 1.06 on the AUDUSD..... watching AUDUSD playout...

in the mean time..... me going against the BOJ.... Meh... not the best game ive played....
LOL ..

GU is in the Demand Hole , I need it to slow down ..lol- Maybe a nice song will do ...

Inserted Video
Attached Image (click to enlarge)
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  • #332,786
  • Dec 24, 2012 10:51am Dec 24, 2012 10:51am
Quoting taomql4
Nice Chart ( As Always) , Tsar ..
Hi Tao,

Hope you are having a good xmas holiday. I pulled the trigger on a long position already. What's your chart saying. Would like to know you view on cable. Thanks
Numbers NEVER Lie
  • #332,787
  • Dec 24, 2012 10:53am Dec 24, 2012 10:53am
Hey Folks... im back to HK for my christmas break... gona see if i can keep up providing you guys with some analysis... im looking at GBPUSD and EURGBP.... and im seeing Hints EURGBP may get up to 0.8250/0.83, suggesting that EURO may float around or dip... but GBPUSD is looking rather heavy right now, all the way down to 1.5950 is my view right now...

As for AUDUSD.... interestingly enough i made a remark back in october saying..... with AUDUSD trading range of 1.06-0.98 if we stay below 1.06 (which we did) i will be interested to see this range playout... and it seems AUDUSD is already down 300 pips targeting for the iterim mid point of the range at 1.0180 to be retested... if broken, i wont be surprised to see 0.98 on AUDUSD again....

This'll conclude my analysis and wishing everyone a merry xmas....

PS... still battling against god damn shinzo abe and his Yen Weakening plan....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,788
  • Dec 24, 2012 10:55am Dec 24, 2012 10:55am
Quoting taomql4
LOL ..

GU is in the Hole , I need it to slow down ..lol- Maybe a nice song will do ...

http://www.youtube.com/watch?v=Auz-rtBWO8k
sorry bro for being too aggressive there... but yea and sorry i dont have any charts... i need to reset my trading rig back in HK before i can post anything up :/

in the mean time still holding on the trades betting for Yen Strength which is biting my ass somewhat lol but we'll see in time if my analysis on the Yen is flawed or not....
but i can say my trading system is not doing so well against fundamentals....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,789
  • Dec 24, 2012 11:01am Dec 24, 2012 11:01am
Quoting ZizoFX
Hi Tao,

Hope you are having a good xmas holiday. I pulled the trigger on a long position already. What's your chart saying. Would like to know you view on cable. Thanks
I think You can still hold on to it - Your SL(1.6050) seems far enough ( 1.6035 would be my SL - bottom of 12hr candle ..) .. I'm still bullish on the Pair with the Top 1.63964 as my Potential Target . Just waiting for it to slow down a bit and VSA buy signals on lower timeframes..
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  • #332,790
  • Dec 24, 2012 11:08am Dec 24, 2012 11:08am
Quoting taomql4
I think You can still hold on to it - Your SL(1.6050) seems far enough ( 1.6035 would be my SL - bottom of 12hr candle ..) .. I'm still bullish on the Pair with the Top 1.63964 as my Potential Target . Just waiting for it to slow down a bit and VSA buy signals on lower timeframes..
I was neutral for this week on Cable but i got a buy signal so I took the trade. Don't forget we have a pin bar on weekly. If it plays out by the end of the week then i will turn bearish. Thank you for your response Tao. GL with your trades
Numbers NEVER Lie
  • #332,791
  • Dec 24, 2012 11:08am Dec 24, 2012 11:08am
Quoting fxtyrant
sorry bro for being too aggressive there... but yea and sorry i dont have any charts... i need to reset my trading rig back in HK before i can post anything up :/

in the mean time still holding on the trades betting for Yen Strength which is biting my ass somewhat lol but we'll see in time if my analysis on the Yen is flawed or not....
but i can say my trading system is not doing so well against fundamentals....
No worries - I was really referring to the Pair .. Just laughing at the screaming ( die die ..lol)
  • #332,792
  • Dec 24, 2012 11:10am Dec 24, 2012 11:10am
Quoting taomql4
No worries - I was really referring to the Pair .. Just laughing at the screaming ( die die ..lol)
wait till i go DIE Shinzo ABE DIE!!! lol....
that'll be the day you'll realize the YEN is gaining strength!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #332,793
  • Dec 24, 2012 11:15am Dec 24, 2012 11:15am
Quoting ZizoFX
I was neutral for this week on Cable but i got a buy signal so I took the trade. Don't forget we have a pin bar on weekly. If it plays out by the end of the week then i will turn bearish. Thank you for your response Tao. GL with your trades
You are welcome - I'm thinking the 12 days demand could neutralize the Weekly bearish Candle ( 7 days.. ) .
Price is holding at the 1,2 & 3 days demand for the moment ..

Will see !!

Talk later ..
  • #332,794
  • Dec 24, 2012 11:54am Dec 24, 2012 11:54am
Quoting taomql4
You are welcome - I'm thinking the 12 days demand could neutralize the Weekly bearish Candle ( 7 days.. ) .
Price is holding at the 1,2 & 3 days demand for the moment ..

Will see !!

Talk later ..
Weekly candle was formed at a major supply zone, and given the strong reaction I'm putting my money on the idea that there's no buying power left up there. This thing is probably headed longer term for 1.5830.
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  • #332,795
  • Dec 24, 2012 12:56pm Dec 24, 2012 12:56pm
Quoting fxtyrant
Die GBP Die... sames goes for AUDUSD... funny i did make a prediction back in octber/november saying if AUDUSD stays below that weekly trendline at 1.055x/8x (and it did) we may still have a trading range from 0.98 to 1.06 on the AUDUSD..... watching AUDUSD playout...

in the mean time..... me going against the BOJ.... Meh... not the best game ive played....
lol...


Indeed Sir Tyrant, indeed

lol...
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Come with me if you want to live....
  • #332,796
  • Dec 24, 2012 1:45pm Dec 24, 2012 1:45pm
Quoting fxtyrant
wait till i go DIE Shinzo ABE DIE!!! lol....
that'll be the day you'll realize the YEN is gaining strength!
I'm with you now. I've myself taken a short position in GBP/JPY. If all goes well, it could turn out to be trade of the year. I'm hoping for 2000 pip down move in next several weeks from here.
  • #332,797
  • Dec 25, 2012 8:05am Dec 25, 2012 8:05am
Well this is all kind of fucked up
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  • #332,798
  • Dec 25, 2012 9:20am Dec 25, 2012 9:20am
hope nobody is long as Reuters is quoting a really low figure, 1.5950
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  • #332,799
  • Dec 25, 2012 9:35am Dec 25, 2012 9:35am
no way
  • #332,800
  • Dec 25, 2012 9:38am Dec 25, 2012 9:38am
Quoting nAVIN2007
no way
at this point i'm not really believing it.....

1.5910
Attached Image (click to enlarge)
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