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  • #805,161
  • Jun 5, 2013 6:50pm Jun 5, 2013 6:50pm
nice short oppotunity building on cable 5413 as line in sand
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  • #805,162
  • Jun 5, 2013 6:59pm Jun 5, 2013 6:59pm
Quoting KiwiTrada
nice short oppotunity building on cable 5413 as line in sand

yes sir, im eyeing the same thing, i have it as just shy of the 38 fib
Money never sleeps...
  • #805,163
  • Jun 5, 2013 7:07pm Jun 5, 2013 7:07pm
Quoting inpatient
{quote} yes sir, im eyeing the same thing, i have it as just shy of the 38 fib
Yep I have a monthly resist @ 5413 38fib and she is fliirting with 5400 psyc level, she did bounce from a nice DB but she is now running into a wee cluster of resist, could almost even call here the right shoulder on the 4hr but the drive from mid march is not very big, I am still watching in relation to geppy who has been ranging since mid may and presently lurking around the bottom,
My guess is any sign of gbp weakness and geppy breaks down cable could / should follow, problem I am having is are the other ladies in sync or not with geppy, if they are they will drop also and drop very very hard, because they are flirting with big supports also,
I normally hate June, but pa is really compressing, I think there is a massive move brewing, and considering NFP it could be the catalyst
If you are new to Forex? Say Goodbye to your account!!
  • #805,164
  • Jun 5, 2013 7:17pm Jun 5, 2013 7:17pm
Quoting ffleo
{quote} The SP500 is out of steam after reaching all time high around 1690 with a steep ramping up and now is in a correction process. There was gap of absent trading activity left over around 1600 to 1610 and the SP500 wants to fill it first. Since 1600 is a big sychological number, it will bounce a little to the resistance above at 1630-35. This bounce should not be strong since SP500 is in a major correction process and the correction may go down to the next strong support at 1550 area. It may crack 1550 and continue drop to 1500. I do not think...

i was just curios of where will the drop stop.. i see the out of steam post, but we have already started to drop.
those who can, do. those who cant, talk about those who can
  • #805,165
  • Jun 5, 2013 7:18pm Jun 5, 2013 7:18pm
I really want to focus on trading cable, way more pips to be had. But the thread sux so I trade euro lol.
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  • #805,166
  • Jun 5, 2013 7:22pm Jun 5, 2013 7:22pm
Quoting suthmo
I really want to focus on trading cable, way more pips to be had. But the thread sux so I trade euro lol.


It is people that make places brother, many people read that thread but not enough posting. If you wish to be part of it then lead by example and start posting your thoughts, opinions and ideas. I for one would like to see more people using the cable thread too...
Money never sleeps...
  • #805,167
  • Jun 5, 2013 7:26pm Jun 5, 2013 7:26pm
Quoting KiwiTrada
{quote} Yep I have a monthly resist @ 5413 38fib and she is fliirting with 5400 psyc level, she did bounce from a nice DB but she is now running into a wee cluster of resist, could almost even call here the right shoulder on the 4hr but the drive from mid march is not very big, I am still watching in relation to geppy who has been ranging since mid may and presently lurking around the bottom, My guess is any sign of gbp weakness and geppy breaks down cable could / should follow, problem I am having is are the other ladies in sync or not with geppy,...
Agreed and i think the big move is dollar strength. Not that i will be risking my house too much on it but everything seems to be pointing to a bullish Dollar in the medium term.

GBP @ 1.48
Euro @ 1.26
AUD @ 0.92
NZD @ 0.76
Money never sleeps...
  • #805,168
  • Jun 5, 2013 7:27pm Jun 5, 2013 7:27pm
Gonna jump on some AUD/USD action tonight
  • #805,169
  • Jun 5, 2013 7:27pm Jun 5, 2013 7:27pm
Quoting gatorinla
{quote} still watching.. i found a um at 3666.. we got close to it.. but it didn't trigger. i world rather 3811 before shorting... so now we may bounce from 3719 um 3701 m 3586 Lm.. a larger mid at 3705.7.. its at 3717 atm and just was at 3708..still watching atm.. R may be support now st.

its out of my hands now, 3811 should be watched
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those who can, do. those who cant, talk about those who can
  • #805,170
  • Jun 5, 2013 7:35pm Jun 5, 2013 7:35pm
Quoting suthmo
I really want to focus on trading cable, way more pips to be had. But the thread sux so I trade euro lol.
yup, but need to do a little lateral thinking, eg, Asia pacific time is best to watch asia pacific prs, cable now is normally pretty static, but if you watch say gbp/yen it gives a good indication of any yen movement - +or- on yen gives good clue on cable, throw in aussie kiwi also give +- clues to them and USD, of course it changes with euro session and again with USA session,
Like right now there is good chance of geppy breaking range, I think she just running out of room and getting really compressedif she does break down, could be yen strenght or gbp weakness, if kiwi aussie breakdown also, they will be in sync, and will show their + or - or USD + or -, once you start to see where the +or- is can then look to your trade pr, and have a good clue to where she may go never garaunteed, but need every fuk clue we can get
If you are new to Forex? Say Goodbye to your account!!
  • #805,171
  • Jun 5, 2013 7:37pm Jun 5, 2013 7:37pm
Quoting gatorinla
{quote} i was just curios of where will the drop stop.. i see the out of steam post, but we have already started to drop.
It is difficult to project where it will stop. If it cracks 1540, next stop will be 1495. 1495 is a 200 point drop from the high at 1690, that is quite a drop. 1690 needs to be tested again for it to be a top for the next few years, or to break it to make a new high. To have a chance to test 1690 again, sp500 will not allowed to drop too much.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #805,172
  • Jun 5, 2013 7:40pm Jun 5, 2013 7:40pm
Wow. It's so surprising. Aussie is a pussy hair away from new lows since 2011/ trade balance news in 30 mins and there is like only 9 people on the AUD/USD thread.
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  • #805,173
  • Jun 5, 2013 7:40pm Jun 5, 2013 7:40pm
Quoting gatorinla
{quote} its out of my hands now, 3811 should be watched {image}
And now? 1000 pips down?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #805,174
  • Jun 5, 2013 7:40pm Jun 5, 2013 7:40pm
Quoting inpatient
{quote} Agreed and i think the big move is dollar strength. Not that i will be risking my house too much on it but everything seems to be pointing to a bullish Dollar in the medium term. GBP @ 1.48 Euro @ 1.26 AUD @ 0.92 NZD @ 0.76
yep I am leaning towards USD+ too, but eg aussie, go monthly she is flirting massive supports, with massive fresh air below, but ist june, and june can be a bitch and whippy, moves can be good, but equally both ways
still reckon yen will be the key, break of range and see what the other do, in sync woohoo boj inactive nice big moves, out of sync, a fuk mess ping pong crap @ S&R,s
If you are new to Forex? Say Goodbye to your account!!
  • #805,175
  • Jun 5, 2013 7:45pm Jun 5, 2013 7:45pm
Quoting gatorinla
{quote} its out of my hands now, 3811 should be watched {image}
3664 to 3668 your 1st target?....
  • #805,176
  • Jun 5, 2013 7:48pm Jun 5, 2013 7:48pm
Quoting ffleo
{quote} It is difficult to project where it will stop. If it cracks 1540, next stop will be 1495. 1495 is a 200 point drop from the high at 1690, that is quite a drop. 1690 needs to be tested again for it to be a top for the next few years, or to break it to make a new high. To have a chance to test 1690 again, sp500 will not allowed to drop too much.
got a little green showing
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those who can, do. those who cant, talk about those who can
  • #805,177
  • Jun 5, 2013 7:50pm Jun 5, 2013 7:50pm
Quoting BlueCirrus
{quote} 3664 to 3668 your 1st target?....

no target
those who can, do. those who cant, talk about those who can
  • #805,178
  • Jun 5, 2013 7:52pm Jun 5, 2013 7:52pm
Quoting KillerWhale
{quote} And now? 1000 pips down?

dono, it has to be watched
those who can, do. those who cant, talk about those who can
  • #805,179
  • Jun 5, 2013 7:52pm Jun 5, 2013 7:52pm
increasingly attractive
because she still love to play in the box
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if there is something you should keep secret,simply just save it,, so, just
  • #805,180
  • Jun 5, 2013 7:56pm Jun 5, 2013 7:56pm
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