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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #1,321
  • Jul 12, 2013 8:59am Jul 12, 2013 8:59am
drinking beer and trading

i'm driving in 2 days @ holiday
  • #1,322
  • Jul 12, 2013 9:00am Jul 12, 2013 9:00am
1.3045 strong support

fucking 1.30xx area - i hate that
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  • #1,323
  • Jul 12, 2013 9:01am Jul 12, 2013 9:01am
Quoting kbmoonshinex
{quote} looking not good. i dont buy. i see it can go lower now


right now, it looks like your analysis of the wedge was right


we will see...
  • #1,324
  • Jul 12, 2013 9:13am Jul 12, 2013 9:13am
Quoting PipTrapper
{quote} You might be absolutely right on that, and technically after closing the gap, it should do as you say. The only question is if it will have any follow-through afterwards to make a new lower low. I doubt it. Support for USD is very high right now unless we get some crappy US data. BTW. Although you have more than enough Vs, I still think you deserve at least one more. Well done on all your great analysis.

Hi PT,

i hate the 1.30xx EUR USD Point. We are now in a neverland and i dont trade this shit @ 1.30xx. I'm watching for another pairs to trade.

After this strong move all is possible - better to wait or look for 10-20 Pips - that is the best for me and i thing for another trader.

I saw yesterday some order books of banks, and I think they are pissed because their losses

Don't forget today is Friday!
  • #1,325
  • Jul 12, 2013 9:13am Jul 12, 2013 9:13am
Quoting infinitus
{quote} Hi bzzz, welcome here. If you have questions feel free to ask them. Even so I would like to encourage you and others to express your view and to share your ideas. As you can see we do use many different methods like S/R, fibs, Gann, Murrey Math, Market Profiles or for example "dustbin-trading" or "mofus". I think we are open to everything.
yeah i noticed that but i have no idea of some of them,anyway thank's for encouraging newbie like me
better be not enough salt than too much salt
  • #1,326
  • Jul 12, 2013 9:13am Jul 12, 2013 9:13am
Quoting PipTrapper
{quote} godim and morob.. you also get a V. This is a great thread. Special thanks to Marcus and all who participate
Thank You !!!
  • #1,327
  • Jul 12, 2013 9:20am Jul 12, 2013 9:20am
Quoting infinitus
Edward Snowden: US officials are preventing me claiming asylum NSA whistleblower calls meeting with Amnesty International and Human Rights Watch at Sheremetyevo airport http://www.guardian.co.uk/world/2013...-international

http://www.zerohedge.com/news/2013-0...ssia-after-all


Snowden Wants To Stay In Russia After All - Zerohedge



Well, that is a damn shame for all involved countries, to make it not possible for him to get a secure flight to South America.

It can be not the case, that he was not able to get the 200.000 USD for a private plane. The interviews he gave are more worth than that. I am sure that even I could have managed to get some people to give that money.

This is a sad day for democracy and moral in the soooooooo developed western world, especially for the Muppet governments in Europe (as..-lickers)
  • #1,328
  • Jul 12, 2013 9:20am Jul 12, 2013 9:20am
found that now
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  • #1,329
  • Jul 12, 2013 9:22am Jul 12, 2013 9:22am
Quoting Schickeria
{quote} Hi PT, i hate the 1.30xx EUR USD Point. We are now in a neverland and i dont trade this shit @ 1.30xx. I'm watching for another pairs to trade. After this strong move all is possible - better to wait or look for 10-20 Pips - that is the best for me and i thing for another trader. I saw yesterday some order books of banks, and I think they are pissed because their losses Don't forget today is Friday!
Yes this 1.30 level is a tough spot. It has been this way for a very long time. Open a daily or weekly chart and put a horizontal line anywhere between 1.30 and 1.31 and you will see that it is a major visual pivot for this pair.

Add to that the fact that the ECB is very very comfortable with the 1.30 level and that makes it all the harder to penetrate it to the downside. However, we must not forget the other side of this pair which is the USD. Fundamentally and sentiment wise, the USD has really nowhere to go but up. US corporate profits are very strong whilst European corporate profits are faltering. With all the monetary policy accommodation in place, investors are being squeezed out of the bond markets and have no choice but to invest in equities... and of course nobody wants to over expose themselves in the Asian or European markets, so they all pile in to the US instead. That's USD bullish.

Of course just because it makes logical sense, it does not mean that it will be so. The market is often irrational so I would not be surprised if it turns upside down for a while until things return to normal... if they ever do
Those who say it cannot be done should not interrupt those who are doing it
  • #1,330
  • Jul 12, 2013 9:24am Jul 12, 2013 9:24am
Quoting infinitus
{quote} http://www.zerohedge.com/news/2013-0...ssia-after-all Snowden Wants To Stay In Russia After All - Zerohedge Well, that is a damn shame for all involved countries, to make it not possible for him to get a secure flight to South America. It can be not the case, that he was not able to get the 200.000 USD for a private plane. The interviews he gave are more worth than that. I am sure that even I could have managed to get some people to give that money. This is a sad day for democracy and moral in the soooooooo...

Maybe he can work for the Russian government as a typewriter technician
Those who say it cannot be done should not interrupt those who are doing it
  • #1,331
  • Jul 12, 2013 9:25am Jul 12, 2013 9:25am
Quoting infinitus
{quote} right now, it looks like your analysis of the wedge was right we will see...
i missed that train cos i was with my dog. be back later guys. safe trading
looking for investors . pm me
  • #1,332
  • Jul 12, 2013 9:27am Jul 12, 2013 9:27am
Quoting Schickeria
1.3045 strong support fucking 1.30xx area - i hate that {image}
we are here now 1.3045
  • #1,333
  • Jul 12, 2013 9:28am Jul 12, 2013 9:28am
Quoting PipTrapper
{quote} godim and morob.. you also get a V. This is a great thread. Special thanks to Marcus and all who participate
I was taught when you get recognition to pass it back.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #1,334
  • Jul 12, 2013 9:33am Jul 12, 2013 9:33am
dustbin saying buy here 3042 ok bbl
looking for investors . pm me
  • #1,335
  • Jul 12, 2013 9:35am Jul 12, 2013 9:35am
Quoting infinitus
{quote} right now, it looks like your analysis of the wedge was right we will see...
and the buy point have always the same way
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  • #1,336
  • Jul 12, 2013 9:35am Jul 12, 2013 9:35am
just fast trade
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looking for investors . pm me
  • #1,337
  • Jul 12, 2013 9:38am Jul 12, 2013 9:38am
Quoting kbmoonshinex
just fast trade {image}

nice
  • #1,338
  • Jul 12, 2013 9:54am Jul 12, 2013 9:54am
Quoting Retek
{quote} LOL morob, it seems as if I were trying to copy you. A chart about my thoughts when I'm looking at daily ichimoku/MM chart: {image}

Retek

Very good and clear chart

And Yes it was great idea
  • #1,339
  • Jul 12, 2013 9:59am Jul 12, 2013 9:59am
Quoting Schickeria
{quote} and the buy point have always the same way {image}
before and after for some pips

Sold @ 30639

SL @ 30676 (3.7 Pips)

TP min. 30547 (12.9 Pips) Risk/Reward 3.48
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  • #1,340
  • Jul 12, 2013 9:59am Jul 12, 2013 9:59am
E/U

5M TF

Update
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