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Cable Update (GBPUSD)

  • #344,141
  • Jul 22, 2013 6:56am Jul 22, 2013 6:56am
Quoting claudia1
{quote} So how would you define an up trend? If this is a down trend why are we going up? Doesn't matter to me I day trade currencies but just seemed a strange post when your charts show up. Oh well each to their own I guess.
Everyone are drawing their pictures and said that it is nice.

There are no right or wrong answers. Trading is an Art.

As long as is a profitable trade, the picture is considering as A+
  • #344,142
  • Jul 22, 2013 7:07am Jul 22, 2013 7:07am
Quoting siewhf
{quote} Everyone are drawing their pictures and said that it is nice. There are no right or wrong answers. Trading is an Art. As long as is a profitable trade, the picture is considering as A+

Good Luck to all,

Bears and Bulls
when GOD brings you a challenge he also gives you the power to deal with it
  • #344,143
  • Jul 22, 2013 7:09am Jul 22, 2013 7:09am
more shorts? cable will reach 1.54 today. then slowly go up from there.
  • #344,144
  • Jul 22, 2013 7:11am Jul 22, 2013 7:11am
Quoting Maso
{quote} I don't think so. As your analysis in June 19, I believe that the main driver now is Yen and the Asian&aussie&kiwi.
From what I have seen in past.. every time when YEN or AUSSIE dominates, we see a long bull run.. and when DOLLAR dominates we see crashes.
  • #344,145
  • Jul 22, 2013 7:56am Jul 22, 2013 7:56am
Quoting siewhf
{quote} Everyone are drawing their pictures and said that it is nice. There are no right or wrong answers. Trading is an Art. As long as is a profitable trade, the picture is considering as A+
It sure is an art with those charts 5350 is where to start shorting but no doubt most ff people already in. Oh dear.
  • #344,146
  • Jul 22, 2013 8:07am Jul 22, 2013 8:07am
Quoting Lucky_FX
Got a short position too 1.5287. SL: 1.5315 Btw my metatrader showed this news flash: Flash: Cable is going down - HSBC 2013-07-22 03:49 GMT | FXStreet.com FXstreet.com (Barcelona) - According to HSBC, the U.K. and U.S. monetary policies are in the early stage of an unusual situation, what they call a rare divergence in direction of policy, which should lead to further falls in GBP/USD. Key quotes "UK monetary policy is seeking to distance itself from the less dovish tone emanating...
For heavens sake cable might go up down or sideways - start believing what the press say you done for. And can you explain further falls unless I'm upside down its going up.
  • #344,147
  • Edited 9:29am Jul 22, 2013 8:17am | Edited 9:29am
Quoting claudia1
{quote} It sure is an art with those charts 5350 is where to start shorting but no doubt most ff people already in. Oh dear.
Everyone wants to be the one that calls "the top", so they can brag to the forum.

I've seen charts here going from bottom left to top right, and the poster saying they're going to short it...
Some people just like to lose money. I say leave them to it.

You'll drive yourself nuts trying to give some usefull advice to those who don't want to hear it.

Just keep doing your thing.
Works for me.
Carpe Divitiae
  • #344,148
  • Jul 22, 2013 8:28am Jul 22, 2013 8:28am
Quoting claudia1
{quote} It sure is an art with those charts 5350 is where to start shorting but no doubt most ff people already in. Oh dear.
Hi Claudia,

Why do you propose to start shorting at 1.5350 ? Should not that be 1.5381 (R3) ?
  • #344,149
  • Jul 22, 2013 8:31am Jul 22, 2013 8:31am
Quoting claudia1
{quote} It sure is an art with those charts 5350 is where to start shorting but no doubt most ff people already in. Oh dear.

please stop the condensing attitude.You trade what you trade and stop acting elitist about FF people.If you try to lough less maybe you can focus more on trading.
In trading, you have to be defensive and aggressive at the same time
  • #344,150
  • Jul 22, 2013 8:34am Jul 22, 2013 8:34am
Quoting claudia1
{quote} For heavens sake cable might go up down or sideways
Thanks for the obvious brilliance
In trading, you have to be defensive and aggressive at the same time
  • #344,151
  • Jul 22, 2013 8:36am Jul 22, 2013 8:36am
Quoting Davit
{quote} Thanks for the obvious brilliance
You nissed the point completely. That was : do not trust blindly what the press is writing.
(Read the whole post next time).
  • #344,152
  • Jul 22, 2013 8:37am Jul 22, 2013 8:37am
Quoting Davit
{quote} please stop the condensing attitude.You trade what you trade and stop acting elitist about FF people.If you try to lough less maybe you can focus more on trading.
I will do what I want and please improve your grammar.
  • #344,153
  • Jul 22, 2013 8:40am Jul 22, 2013 8:40am
Quoting claudia1
{quote} It sure is an art with those charts 5350 is where to start shorting but no doubt most ff people already in. Oh dear.
anyone can say anything to comfort their feelings.. We'll see where this pair will go after news. Long, short or sideway..
your trade is on your on control and decision. Suggestion will make the decision strong or weak.
  • #344,154
  • Jul 22, 2013 8:42am Jul 22, 2013 8:42am
Quoting fsiltd
{quote} I've seen charts here going from bottom left to top right, and the poster saying their going to short it...
Haha that line was very funny..
  • #344,155
  • Jul 22, 2013 8:45am Jul 22, 2013 8:45am
Its buy time, dont sell time.
  • #344,156
  • Jul 22, 2013 8:49am Jul 22, 2013 8:49am
still my view..
Attached Image (click to enlarge)
Click to Enlarge Name: usindex.png Size: 65 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 22.7 call.png Size: 69 KB

G/L all
when GOD brings you a challenge he also gives you the power to deal with it
  • #344,157
  • Jul 22, 2013 8:51am Jul 22, 2013 8:51am
Quoting Davit
{quote} please stop the condensing attitude.You trade what you trade and stop acting elitist about FF people.If you try to lough less maybe you can focus more on trading.
Don't worry yourself about her mate, she agreed with Rexio that 5250 probably be the high of last week and good place to short then started her own campaign against those shorting from that level.
No need to concern yourself with that type of hypocrisy.
Come with me if you want to live....
  • #344,158
  • Jul 22, 2013 8:53am Jul 22, 2013 8:53am
Quoting eitan1010
still my view..{image}{image} G/L all
What is R3 in your chart based on ?
My R3 is 1.5381
  • #344,159
  • Jul 22, 2013 8:54am Jul 22, 2013 8:54am
Quoting rexio
{quote} What is R3 in your chart based on ?
just indi bro
when GOD brings you a challenge he also gives you the power to deal with it
  • #344,160
  • Jul 22, 2013 8:59am Jul 22, 2013 8:59am
Quoting eitan1010
{quote} just indi bro
its inside my t.sys and calculate by P.A history
when GOD brings you a challenge he also gives you the power to deal with it
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