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Cable Update (GBPUSD)

  • #340,801
  • May 13, 2013 10:52am May 13, 2013 10:52am
Quoting fxtyrant
{quote} and you know what?? if we broken 1.52 as we created the right shoulder.... watch out below because when a Left shoulder, Head and confirmed right shoulder happens... theres 1 Last move down to finish the pattern... and that pattern finishes by testing the lows we created at 1.4850 but we'll talk about that a little bit later.... its already too much to digest for the bulls when i told them this thing is gona go to 1.52.... now asking them to process the information of a possible retest of 1.4850 low... LOL they will lost their minds real...
Ha ha ha now shut up and let people keep buying. Good post and once again I looking at the same numbers.
  • #340,802
  • May 13, 2013 11:37am May 13, 2013 11:37am
Holy grail system showed buy @15280 long term
  • #340,803
  • May 13, 2013 11:39am May 13, 2013 11:39am
You might need to rethink that one. This could be a place to buy it for a few 100 ticks move north but that about all you will get out of a buy down here.
Quoting volforex
Holy grail system showed buy @15280 long term
  • #340,804
  • May 13, 2013 11:40am May 13, 2013 11:40am
Quoting volforex
Holy grail system showed buy @15280 long term
have the bulls not learnt? i am the holy grail muahahhaha
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,805
  • May 13, 2013 11:40am May 13, 2013 11:40am
WHY is this cable going down???!!! There is NO news, NO rumors, NO economic numbers, NO speeches, NO rate decisions, NO nothing!! There is NOT even any technical levels!!

It's dragging all the other currencies down. This is ridiculous!!!
Make your losses in demo. Earn your profits live.
  • #340,806
  • May 13, 2013 11:44am May 13, 2013 11:44am
15251 area coming
Loser trying to become a winner!
  • #340,807
  • May 13, 2013 11:46am May 13, 2013 11:46am
Quoting Forexia
WHY is this cable going down???!!! There is NO news, NO rumors, NO economic numbers, NO speeches, NO rate decisions, NO nothing!! There is NOT even any technical levels!!
actually if you want news... there is a lot of news today here in UK... Huge debates going on in parliament today about UK's Status as a eurozone member... people are demanding a referendum... David Cameron is losing some of his higher ranked party members who stood by him at first about staying in Eurozone, and now some of David Cameron's senior members are saying to Leave .... (I will forgive you for not knowing about this since ur not living in the UK)

As for technical... IVE BEEN SAYING GBPUSD to go down to 1.52... all the technicals are pointing there on the Daily Chart.... Look at my posts will you?? Friggin H&S pattern is on the verge of completing right shoulder at 1.5250.
Broken GBPUSD Upwards Chanel, Retested earlier today and failed to get back into it... suggests that upward channel is a bye bye....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,808
  • May 13, 2013 11:48am May 13, 2013 11:48am
Have look at EURGBP!
I think EURUSD and GBPUSD will fall together minimum 25pips in the next hours!
  • #340,809
  • May 13, 2013 11:49am May 13, 2013 11:49am
Quoting fxtyrant
{quote} actually if you want news... there is a lot of news today here in UK... Huge debates going on in parliament today about UK's Status as a eurozone member... people are demanding a referendum... David Cameron is losing some of his higher ranked party members who stood by him at first about staying in Eurozone, and now some of David Cameron's senior members are saying to Leave .... (I will forgive you for not knowing about this since ur not living in the UK) As for technical... IVE BEEN SAYING GBPUSD to go down to 1.52... all the technicals...
You make me smile just chill out! 5200 is on the cards next major news (as I know you know) is Wednesday for cable.
  • #340,810
  • May 13, 2013 11:54am May 13, 2013 11:54am
Quoting mepet
Have look at EURGBP! I think EURUSD and GBPUSD will fall together minimum 25pips in the next hours!
Sorry im actually Long EURGBP
you wana ago against me on that?? eheheh
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,811
  • May 13, 2013 11:56am May 13, 2013 11:56am
OBVIOUS at least 1.5251 area coming WHY ARE YOU TAKING SO LONG I HAVE SH!T TO DO ARGHHHH MTHFKR
Loser trying to become a winner!
  • #340,812
  • May 13, 2013 11:57am May 13, 2013 11:57am
Quoting fxtyrant
{quote} actually if you want news... there is a lot of news today here in UK... Huge debates going on in parliament today about UK's Status as a eurozone member... people are demanding a referendum... David Cameron is losing some of his higher ranked party members who stood by him at first about staying in Eurozone, and now some of David Cameron's senior members are saying to Leave .... (I will forgive you for not knowing about this since ur not living in the UK) As for technical... IVE BEEN SAYING GBPUSD to go down to 1.52... all the technicals...
Thanks for the updates but it's a little disheartening that none of these news show up in the FF news. And as far as FX concerned, this is just internal UK news, shouldn't have THAT much of an impact on the currency. Republicans and Democrats fight all the time in Congress, US$ never gets impacted like that. And besides, UK is NOT in the EU. It still keeps its own currency. Who cares if it stays or leaves?

And even with all those news, the drop in the cable should be lot more gradual BUT at 11:00 am E stupid DT, there was just this one 45-pip drop in cable. What was that? What event triggered that one swoop drop?
Make your losses in demo. Earn your profits live.
  • #340,813
  • May 13, 2013 11:58am May 13, 2013 11:58am
hey lets face it.. there will have to bulls for bears to profit in a down trend.. and also the opposite is true..

fxtyrent, u r simply frustrated with the traders who are putting the money you will take at your target in to the market..

while u should be thanking them...
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,814
  • May 13, 2013 12:00pm May 13, 2013 12:00pm
Quoting Forexia
{quote} Thanks for the updates but it's a little disheartening that none of these news show up in the FF news. And as far as FX concerned, this is just internal UK news, shouldn't have THAT much of an impact on the currency. Republicans and Democrats fight all the time in Congress, US$ never gets impacted like that. And besides, UK is NOT in the EU. It still keeps its own currency. Who cares if it stays or leaves? And even with all those news, the drop in the cable should be lot more gradual BUT at 11:00 am E stupid DT, there was just this one 45-pip...
try BBC LONDON or BBC World Service.. they'll tell you all about this..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,815
  • May 13, 2013 12:01pm May 13, 2013 12:01pm
Market is so nervous. I can see that some traders are full of stress. Stay calm mates!
  • #340,816
  • May 13, 2013 12:03pm May 13, 2013 12:03pm
Quoting Forexia
{quote} Thanks for the updates but it's a little disheartening that none of these news show up in the FF news. And as far as FX concerned, this is just internal UK news, shouldn't have THAT much of an impact on the currency. Republicans and Democrats fight all the time in Congress, US$ never gets impacted like that. And besides, UK is NOT in the EU. It still keeps its own currency. Who cares if it stays or leaves? And even with all those news, the drop in the cable should be lot more gradual BUT at 11:00 am E stupid DT, there was just this one 45-pip...
The UK has adefferent type of economy than the US.. of course they affect each other and overlap on stuff that move them.. but there are the specifics for each economy type also..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,817
  • May 13, 2013 12:04pm May 13, 2013 12:04pm
15332---->1.5292----->1.5251 are the important levels here guys btw
Loser trying to become a winner!
  • #340,818
  • May 13, 2013 12:04pm May 13, 2013 12:04pm
Quoting baherhosni
{quote} try BBC LONDON or BBC World Service.. they'll tell you all about this..
The important point is that the general election will be held in May 2015. So, the government are preparing for that time not now. I would say that they will show a strong currency in 2015.
  • #340,819
  • May 13, 2013 12:10pm May 13, 2013 12:10pm
hi guys
i longed gu and eu a few hours ago. for GU, it seems it might down but the pair is at the bottom of a 4H uptrend channel. Right now, i am in the negative which sucks. Any longers?
thanks
  • #340,820
  • May 13, 2013 12:14pm May 13, 2013 12:14pm
Quoting Maso
{quote} The important point is that the general election will be held in May 2015. So, the government are preparing for that time not now. I would say that they will show a strong currency in 2015.
well currency _is_ in an integral part of politics and i agree.. not only do they try to workout how to win the populations approval, but also to align with international allies and partners.. it is tricky to tell u the truth..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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