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Cable Update (GBPUSD)

  • #334,061
  • Jan 17, 2013 8:23am Jan 17, 2013 8:23am
Quoting TauTrader
That leg down on the cards - trading it

Regards
Closing here.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 136 KB
  • #334,062
  • Jan 17, 2013 8:24am Jan 17, 2013 8:24am
turbo.
targeted eur gbp longs (recovered morning's loss there...)
closed gbp chf
holding short GU.

i will let it run until it goes.

first bus stop 5950 in few seconds while tyiping
then is 5920
let's see if goes fast or if fakes up
90% of traders use TA, indicators and prediction
  • #334,063
  • Jan 17, 2013 8:25am Jan 17, 2013 8:25am
Quoting smikester
Hope you're enjoying the murder! It's a hold, in my opinion, and a good entry would be 1.5972, if we retest it.
yups, hope you enjoyed it as well..

guess better let the profit run for the time being.. will plan to add later on, maybe next week..
  • #334,064
  • Jan 17, 2013 8:27am Jan 17, 2013 8:27am
Quoting _BBKing_
turbo.
targeted eur gbp longs (recovered morning's loss there...)
closed gbp chf
holding short GU.

i will let it run until it goes.

first bus stop 5950 in few seconds while tyiping
then is 5920
let's see if goes fast or if fakes up
quite a number of support down there mate.. in the meantime, i am hoping to jump in on the aussie and kiwi at 0540 and 8400 respectively..

nice 1 day job there..
  • #334,065
  • Jan 17, 2013 8:34am Jan 17, 2013 8:34am
So the GBPUSD finally reached the Daily EMA 200 since the short signal up at 1.63....
This is for you ill-b-back since you do follow on how my strategy works... see the RSI signal to short? well as i said with the EMA being so flat... we can short it back to ATLEAST the EMA200 on the Daily chart....
https://dl.dropbox.com/u/52561775/Fo...pusd.daily.gif
We live in a finite world with infinite possibilities.
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  • #334,066
  • Jan 17, 2013 8:48am Jan 17, 2013 8:48am
Quoting smikester
Hi Mr Tyrant. That would annoy me if it were directed at me. But anyway, I suppose you noticed the divergence on the weekly double top?
Yes well i had the signal to short and my strategy suggests that when a signal presents where a Short signal occurs when Daily EMA 55 is above Daily EMA 200, you can short BACK to those EMAs... and today proves my strategy works problem is.... i have noooo idea if market goes beyond EMA200....

like if u look back at my chart i know to short GBPUSD from 1.63 down to 1.5950-ish (of which ive been shouting for weeks as thats where the EMA200 is at)....
but if EMA200 gets broken... i have NO other point of reference other than to Plot Trendlines, but that is not as reliable as the system.

unless my system is suggesting that if EMA200 is broken we would see a drop to that white uptrend at 1.56 again??

BTW it wasnt directed at ill-b-back for any bad purpose.. its just hes been a follower of my strategy for some time, and i was posting the chart to show him how it would work....
he already told me that the system is sound but i have never put it to the test on forward testing....
so the charts are speaking for themselves now....
We live in a finite world with infinite possibilities.
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  • #334,067
  • Jan 17, 2013 8:48am Jan 17, 2013 8:48am
Good day,

Weekly - break or bounce?

Regards
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  • #334,068
  • Jan 17, 2013 8:53am Jan 17, 2013 8:53am
Quoting TauTrader
Good day,

Weekly - break or bounce?

Regards
i suspect a weekly "flag"... in terms of price = area 1.57

problem 1: a lot of work involved.
problem 2: main supply now near 1.61
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Weekly_snapshot.jpg Size: 76 KB
90% of traders use TA, indicators and prediction
  • #334,069
  • Jan 17, 2013 9:06am Jan 17, 2013 9:06am
Quoting _BBKing_
i suspect a weekly "flag"... in terms of price = area 1.57

problem 1: a lot of work involved.
problem 2: main supply now near 1.61
im just glad GBPUSD finally reached my MOST HOPED area.... the DAILY EMA200.... been yelling for the last 2 weeks :/ 1.5950-ish....

but heres the trick part... whats gona happen if we break below it... will it wreak havoc and fall to 1.56? or will it bounce form some Previously Random S/R regions?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #334,070
  • Jan 17, 2013 9:07am Jan 17, 2013 9:07am
Quoting _BBKing_
i suspect a weekly "flag"... in terms of price = area 1.57

problem 1: a lot of work involved.
problem 2: main supply now near 1.61
Sir,

Not really a flag expert - does this count as a possible flag?

Regards
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Click to Enlarge Name: gu.jpg Size: 182 KB
  • #334,071
  • Jan 17, 2013 9:11am Jan 17, 2013 9:11am
Quoting TauTrader
Sir,

Not really a flag expert - does this count as a possible flag?

Regards
uhm guess you're right! !
but overall if price fail at these levels.... 1.57 area is in the air.
still lot of hours left before day ends so let's see.

longs will be in play now only if price will breakut of descending hourly channel imo.
90% of traders use TA, indicators and prediction
  • #334,072
  • Jan 17, 2013 9:12am Jan 17, 2013 9:12am
Quoting fxtyrant
im just glad GBPUSD finally reached my MOST HOPED area.... the DAILY EMA200.... been yelling for the last 2 weeks :/ 1.5950-ish....

but heres the trick part... whats gona happen if we break below it... will it wreak havoc and fall to 1.56? or will it bounce form some Previously Random S/R regions?
yes 59 area finally came.
let's now be patient and careful!
i will be looking how price develops in faster tf s
gold rising meawhile! insane move out there!!
90% of traders use TA, indicators and prediction
  • #334,073
  • Jan 17, 2013 9:13am Jan 17, 2013 9:13am
i dont see no flag, lol

Trend is down, period.
  • #334,074
  • Jan 17, 2013 9:16am Jan 17, 2013 9:16am
Quoting _BBKing_
yes 59 area finally came.
let's now be patient and careful!
i will be looking how price develops in faster tf s
gold rising meawhile! insane move out there!!
Talk about insane moves...
i see EURCHF potential to fly all the way up to 1.30-1.32 at this momentum....
but its already too late to long....
my trader friend in new jersey kept telling me to start stacking up longs in EURCHF when it was stalled around 1.2012 half a year ago....
should've listened to him....

https://dl.dropbox.com/u/52561775/Fo...chf.weekly.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #334,075
  • Jan 17, 2013 9:17am Jan 17, 2013 9:17am
Quoting alex1976
i dont see no flag, lol

Trend is down, period.
Can you prove it Sir

Regards
Numbers NEVER Lie
  • #334,076
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting _BBKing_
uhm guess you're right! !
but overall if price fail at these levels.... 1.57 area is in the air.
still lot of hours left before day ends so let's see.

longs will be in play now only if price will breakut of descending hourly channel imo.
Sir - no.no.

Was not trying to indicate something different. An honest observation and question. Checking if I'm understanding the flag concept.

No agenda.

Regards
  • #334,077
  • Jan 17, 2013 9:29am Jan 17, 2013 9:29am
Quoting ZizoFX
Can you prove it Sir

Regards

Hahahahahahahahahahahahaha, can I prove it???

Dude I dont have to prove anything, price speaks I listen.

My short trade from last night though is proving it.


You guys need to stop treating tradign like its some trigenometry exam and just look at price.

Good luck Bro!
  • #334,078
  • Jan 17, 2013 9:32am Jan 17, 2013 9:32am
anyone can draw a bunch of lines on a chart and come up with several different possible scenarios, it simply doesnt work cause when you do that you lose focus of your system and start hesitating.
  • #334,079
  • Jan 17, 2013 9:33am Jan 17, 2013 9:33am
Quoting alex1976
Hahahahahahahahahahahahaha, can I prove it???

Dude I dont have to prove anything, price speaks I listen.

My short trade from last night though is proving it.


You guys need to stop treating tradign like its some trigenometry exam and just look at price.

Good luck Bro!
Demo or Live?
care to show?
ive seen a lot of newcomers on the forum who sees price move up and they say they longed last night, pretending they actually did....
not that im calling you a liar but care to show us charts because id be interested to hear the analysis rather than hearing people who say "oh their short trade from last night is proving it..."
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #334,080
  • Jan 17, 2013 9:35am Jan 17, 2013 9:35am
Quoting fxtyrant
Demo or Live?
care to show?
ive seen a lot of newcomers on the forum who sees price move up and they say they longed last night, pretending they actually did....
not that im calling you a liar but care to show us charts because id be interested to hear the analysis rather than hearing people who say "oh their short trade from last night is proving it..."
Thank You Sir. This is exactly what I meant.
Numbers NEVER Lie
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