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Cable Update (GBPUSD)

  • #340,221
  • May 8, 2013 10:24pm May 8, 2013 10:24pm
that 1.5600 top looks solid... i dont think we'll break above it but be wary of BOE announcments today....
over all i just dont think GBPUSD looks bullish....
looks like the end of a retracement to me....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,222
  • May 8, 2013 10:35pm May 8, 2013 10:35pm
Yep...hope you added on the spike. I added 10
Quoting fxtyrant
that 1.5600 top looks solid... i dont think we'll break above it but be wary of BOE announcments today.... over all i just dont think GBPUSD looks bullish.... looks like the end of a retracement to me....
  • #340,223
  • May 9, 2013 12:08am May 9, 2013 12:08am
Quoting Robby
Yep...hope you added on the spike. I added 10{quote}
yep i did... later on today im gona upload a video on some trades i have been nurturing on the AUDNZD.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,224
  • Edited 12:42am May 9, 2013 12:25am | Edited 12:42am
For best quality viewing, please view it at 720p HD quality and in Full Screen.
I hope these video analysis helps
i have really got to stop stuttering in my vids....

Inserted Video


Also Please view this video after the analysis.
http://www.bloomberg.com/video/rbc-l...DNkzhTpng.html
RBC basically coming out saying they favorite Longing the AussiKiwi (AUDNZD) literally Hours after i made the call for it to reach 1.25... apparently they have the same target as me...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,225
  • May 9, 2013 12:40am May 9, 2013 12:40am
Quoting fxtyrant
For best quality viewing, please view it at 720p HD quality and in Full Screen. I hope these video analysis helps http://youtu.be/mG1PbkwKmBc Also Please view this video after the analysis. http://www.bloomberg.com/video/rbc-l...DNkzhTpng.html RBC basically coming out saying they favorite Longing the AussiKiwi (AUDNZD) literally Hours after i made the call for it to reach 1.25... apparently they have the same target as me...

Hello fxtyrant, Really good video.

thanks for sharing
  • #340,226
  • May 9, 2013 1:01am May 9, 2013 1:01am
Quoting fxtyrant
For best quality viewing, please view it at 720p HD quality and in Full Screen. I hope these video analysis helps i have really got to stop stuttering in my vids.... http://youtu.be/mG1PbkwKmBc Also Please view this video after the analysis. http://www.bloomberg.com/video/rbc-l...DNkzhTpng.html RBC basically coming out saying they favorite Longing the AussiKiwi (AUDNZD) literally Hours after i made the call for it to reach 1.25... apparently they have the same target as me...
someone is building a fan base already..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,227
  • May 9, 2013 1:04am May 9, 2013 1:04am
Quoting baherhosni
{quote} someone is building a fan base already..
Ill do my best

on the video i also forgetten to mention how a weekly bullish divergence happened on the WEEKLY chart.... supporting the fact of a potential medium term reversal. 1.20 on the AUDNZD proving to be quite the support...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,228
  • May 9, 2013 1:10am May 9, 2013 1:10am
For GBPUSD, keep your eyes on the manufacturing data coming out at 9:30 AM London Time...
previous 0.8% and forecast of 0.4% is already showing a weakness bias in the british economy....

if we get any number below 0.4%, that will have huge implication on the the British Economy....
if that comes out bad.... dont discard the chance of a potential increase in BOE QE from 375b to 400b, it would be difficult to see BOE cutting rates with it being this low.... it simply means they have little wiggling space left so if they have to resort to monetary policy, itll be more printing through QE like the rest of the world.

Understand that the majority of the world economy are struggling in interest rates....
difficult for them to go Negative Interest rates because people will simply hoard cash at home....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,229
  • May 9, 2013 2:15am May 9, 2013 2:15am
Quoting fxtyrant
For GBPUSD, keep your eyes on the manufacturing data coming out at 9:30 AM London Time... previous 0.8% and forecast of 0.4% is already showing a weakness bias in the british economy.... if we get any number below 0.4%, that will have huge implication on the the British Economy.... if that comes out bad.... dont discard the chance of a potential increase in BOE QE from 375b to 400b, it would be difficult to see BOE cutting rates with it being this low.... it simply means they have little wiggling space left so if they have to resort to monetary...

I dont think QE is on the cards..remember what i said yesterday and how the mofo played out
damnit it did exactly what i told u it would..for once the scenero fitted
  • #340,230
  • May 9, 2013 2:31am May 9, 2013 2:31am
bearish abcd setup ( if yesterday high broken and 38 daily fib support this ) ???
564x-566x ? stucked in weekly and daily pivot ( which is about 50 - 61.8 daily fib ) range at the moment
Attached Image (click to enlarge)
Click to Enlarge Name: abcd gu setup.png Size: 56 KB
not euphoria follower
  • #340,231
  • May 9, 2013 2:34am May 9, 2013 2:34am
This thread discuss GU or Gold, Aud, Nzd and every other currency. Why not post that in other related threads? Some respect to the thread starter

Had bought GU 1.5535, my risk would be low(25-30pip some 1.550*sl, will exit if find it somewhere there before BOE) compared to my tp 115 pip on 1.565, may extend to 1.57
Trade according to current market condition, not what you think would be.
  • #340,232
  • May 9, 2013 2:49am May 9, 2013 2:49am
Quoting J.Clinton
This thread discuss GU or Gold, Aud, Nzd and every other currency. Why not post that in other related threads? Some respect to the thread starter Had bought GU 1.5535, my risk would be low(25-30pip some 1.550*sl, will exit if find it somewhere there before BOE) compared to my tp 115 pip on 1.565, may extend to 1.57

yur comment is about as useful as nothing
how about u actually post something of some use instead of trolling..like how u entered a trade to get 115 pips

I wanna learn from u..u seem good??
  • #340,233
  • May 9, 2013 2:53am May 9, 2013 2:53am
  • #340,234
  • May 9, 2013 3:03am May 9, 2013 3:03am
I'm sleepy... Mine is already been set for the day so will see when I woke tomorrow.... If i got the green or not! Hoping though...
  • #340,235
  • May 9, 2013 3:04am May 9, 2013 3:04am
Quoting nAVIN2007
{quote} yur comment is about as useful as nothing how about u actually post something of some use instead of trolling..like how u entered a trade to get 115 pips I wanna learn from u..u seem good??
Navin,

I take it you are bullish GBP/USD, what are your mid to long term targets?
  • #340,236
  • May 9, 2013 3:17am May 9, 2013 3:17am
Quoting 100PipsADay
{quote} Navin, I take it you are bullish GBP/USD, what are your mid to long term targets?

short term 1.5715..then bounce
longer term 1.64..then i will be looking for sell if PA gives a clue to reject, which i expecting to be honest
  • #340,237
  • May 9, 2013 3:36am May 9, 2013 3:36am
Quoting J.Clinton
This thread discuss GU or Gold, Aud, Nzd and every other currency. Why not post that in other related threads? Some respect to the thread starter Had bought GU 1.5535, my risk would be low(25-30pip some 1.550*sl, will exit if find it somewhere there before BOE) compared to my tp 115 pip on 1.565, may extend to 1.57
Its all related trust me.. Gives you more of the bigger picture..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,238
  • May 9, 2013 4:37am May 9, 2013 4:37am
It's not going there now target 1.5240
Eu 1.2850


Quoting nAVIN2007
{quote} short term 1.5715..then bounce longer term 1.64..then i will be looking for sell if PA gives a clue to reject, which i expecting to be honest
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,239
  • May 9, 2013 4:47am May 9, 2013 4:47am
sell stop 1.55307 tp 1= 1.55 tp2=1.5456
  • #340,240
  • May 9, 2013 4:54am May 9, 2013 4:54am
Quoting Bones
It's not going there now target 1.5240 Eu 1.2850 {quote}

i think yur wrong buddy..
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