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Cable Update (GBPUSD)

  • #340,361
  • May 9, 2013 3:05pm May 9, 2013 3:05pm
ucad quarterly...
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  • #340,362
  • May 9, 2013 3:32pm May 9, 2013 3:32pm
expect the price to hit 1.5380 tommorow. The GU is trading at extreme levels so keep an eye on RSI.
  • #340,363
  • May 9, 2013 3:41pm May 9, 2013 3:41pm
Quoting _BBKing_
byebye damn f@|/king support of my @s§ {image}
yo bbking i dunno if you were there when i posted a lot on the AUDUSD, theres this guy called Sidhujag who competes with me... he was like bullish AUDUSD up to 1.08 and shit... and i kept loading shorts saying we will test bottom of the audusd range of which its at 0.98 LOL
that sidhujag.
We live in a finite world with infinite possibilities.
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  • #340,364
  • May 9, 2013 3:46pm May 9, 2013 3:46pm
Quoting fxtyrant
{quote} yo bbking i dunno if you were there when i posted a lot on the AUDUSD, theres this guy called Sidhujag who competes with me... he was like bullish AUDUSD up to 1.08 and shit... and i kept loading shorts saying we will test bottom of the audusd range of which its at 0.98 LOL that sidhujag.
hey
yes .98 area is good nearest (possible) support!

but imo we will see somewhere around .90 in long run.....
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  • #340,365
  • May 9, 2013 3:48pm May 9, 2013 3:48pm
The feds latest concern was the job market. Recent data has shown the US job market is significantly improving. Tommorow bernanke gives his speech, and any hawkish comments such as raising interest rates or stopping/reducing QE would drive the GU downwards. Expect hawkish comments tommorow as the main worries are now behind them.
  • #340,366
  • May 9, 2013 3:49pm May 9, 2013 3:49pm
Quoting _BBKing_
{quote} hey yes .98 area is good nearest (possible) support! but imo we will see somewhere around .90 in long run..... {image}
.....some has to say even lower than .90....... but there is time for that and a lot of things......
90% of traders use TA, indicators and prediction
  • #340,367
  • May 9, 2013 3:55pm May 9, 2013 3:55pm
Quoting _BBKing_
{quote} .....some has to say even lower than .90....... but there is time for that and a lot of things......
that idiot sidhujag has no idea who he was messing with.... i mean everythign is pointing to a potential end to the era of free money....
US interest rate has no wehre to go but UP....
US jobs and housing markets are in sustained recovery..... that should prompt an end to QE by the FED....

and we are seeing the effects now... GOLD getting dumped... US equities getting dumped at record highs (and more equity dumping coming soon)

it never made any sense for an economy so small ike the Australian to have an exchange rate higher than the USD... friggin 1 AUD makes 1.02 USD?! wtf?
its like someone forgot who the biggest economy in the world in terms of resources is....

anyways im not going back to that damn AUDUSD idiot thread. NEVER, im telling you NEVER!
We live in a finite world with infinite possibilities.
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  • #340,368
  • May 9, 2013 3:56pm May 9, 2013 3:56pm
Quoting mintfx
The feds latest concern was the job market. Recent data has shown the US job market is significantly improving. Tommorow bernanke gives his speech, and any hawkish comments such as raising interest rates or stopping/reducing QE would drive the GU downwards. Expect hawkish comments tommorow as the main worries are now behind them.
that would be great!
i mean... if dollar start increasing which is already happening since 1-2 months!
bigs are already positioned imo.
just need the final trigger to push more buttons and we go for parity in EU
90% of traders use TA, indicators and prediction
  • #340,369
  • May 9, 2013 3:58pm May 9, 2013 3:58pm
look to me meh bulls are stuck in moscow..bastards
  • #340,370
  • May 9, 2013 4:02pm May 9, 2013 4:02pm
Quoting fxtyrant
{quote} that idiot sidhujag has no idea who he was messing with.... i mean everythign is pointing to a potential end to the era of free money.... US interest rate has no wehre to go but UP.... US jobs and housing markets are in sustained recovery..... that should prompt an end to QE by the FED.... and we are seeing the effects now... GOLD getting dumped... US equities getting dumped at record highs (and more equity dumping coming soon) it never made any sense for an economy so small ike the Australian to have an exchange rate higher than the USD......
bah... who?
truth is on charts not on words!
S&P 500 wil experience downmove very soon. i mean... large move.
aud usd is the most hyper valuated currency ever seen on earth (together with Euro)
if things line up.... short that (those) damn there's a lot of room on downside!
comparing actual economic data between europe/usa - and - australia/usa... fair rates should be far lower than actual.

i will now let things to stabilize. next week will be good
90% of traders use TA, indicators and prediction
  • #340,371
  • May 9, 2013 4:05pm May 9, 2013 4:05pm
Quoting nAVIN2007
look to me meh bulls are stuck in moscow..bastards
hey!
5360-80 is last barrier... daily close out below == maybe the plane crashed somewhere in romania
90% of traders use TA, indicators and prediction
  • #340,372
  • May 9, 2013 4:12pm May 9, 2013 4:12pm
Quoting nAVIN2007
look to me meh bulls are stuck in moscow..bastards
tough day for you my friend... ive been hinting at you to perhaps not get too greedy with ur longs....
the scenario you described to me the other day on the phone was not gona happen up where the WIlliams percent range is in the top zone....
what you described happened about 2 weeks back when a lot of retail traders got caught shorting at 1.53 ish or as i call the sucker zone because the Wiliams %range was at 50.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,373
  • May 9, 2013 4:16pm May 9, 2013 4:16pm
Quoting fxtyrant
{quote} tough day for you my friend... ive been hinting at you to perhaps not get too greedy with ur longs.... the scenario you described to me the other day on the phone was not gona happen up where the WIlliams percent range is in the top zone.... what you described happened about 2 weeks back when a lot of retail traders got caught shorting at 1.53 ish or as i call the sucker zone because the Wiliams %range was at 50.
ah ... forgot about:
NZD/USD????

weekly @ 0.75
monthly @ 0.71

leaving.
bybye good luck every1
90% of traders use TA, indicators and prediction
  • #340,374
  • May 9, 2013 4:20pm May 9, 2013 4:20pm
Quoting _BBKing_
{quote} ah ... forgot about: NZD/USD???? weekly @ 0.75 monthly @ 0.71 leaving. bybye good luck every1
AHAHAH i have the same numbers WTF!
but im long AUDNZD :/ so maybe NZD is gona drop faster than AUD perhaps?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,375
  • May 9, 2013 4:22pm May 9, 2013 4:22pm
Quoting fxtyrant
{quote} AHAHAH i have the same numbers WTF! but im long AUDNZD :/ so maybe NZD is gona drop faster than AUD perhaps?
possible!
actually i'm long gbp/nzd but weeekly could make me change my mind soon :nerd:
let's see!
90% of traders use TA, indicators and prediction
  • #340,376
  • May 9, 2013 4:46pm May 9, 2013 4:46pm
Quoting _BBKing_
{quote} pure french
OI! im half french you.... watch your language you M&^%# F#&*! AHAHAHA
We live in a finite world with infinite possibilities.
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  • #340,377
  • May 9, 2013 7:36pm May 9, 2013 7:36pm
this is my view
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  • #340,378
  • May 9, 2013 8:37pm May 9, 2013 8:37pm
Quoting _BBKing_
{quote} possible! actually i'm long gbp/nzd but weeekly could make me change my mind soon :nerd: let's see!
hi bb
Same here eurnzd, gbpnzd, long
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #340,379
  • May 9, 2013 8:39pm May 9, 2013 8:39pm
long gbpusd .
long eurusd.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #340,380
  • May 9, 2013 8:44pm May 9, 2013 8:44pm
Quoting bestgoldfx
this is my view {image}
Looking at your chart, the sell off looks no more powerful than the previous ones.
I'm keeping a very open mind for one of cables bullish tricks off the 23 fib.
Come with me if you want to live....
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