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Cable Update (GBPUSD)

  • #345,221
  • Aug 15, 2013 1:32am Aug 15, 2013 1:32am
Looks like a statement

http://i43.tinypic.com/2vxpvle.png

Inserted Video


  • #345,222
  • Aug 15, 2013 1:45am Aug 15, 2013 1:45am
Quoting 1pipperhour
Looks like a statement {image} http://www.youtube.com/watch?v=o6Tv4_5j4G0
Come with me if you want to live....
  • #345,223
  • Aug 15, 2013 1:46am Aug 15, 2013 1:46am
Quoting 1pipperhour
Looks like a statement {image} http://www.youtube.com/watch?v=o6Tv4_5j4G0
The song says going up but the bulk of traders are short. That the way I read it.
  • #345,224
  • Aug 15, 2013 1:52am Aug 15, 2013 1:52am
Quoting Ill-b-back
{quote} What on earth would be the implications if it was not there?
CURRENCY ARMAGEDDON!!! everyone will start jumping ship including the Chinese who hold a huge chunk of US debts.
  • #345,225
  • Aug 15, 2013 1:59am Aug 15, 2013 1:59am
Quoting ferreira1239
{quote} The song says going up but the bulk of traders are short. That the way I read it.
Exactly, retail "contrarion" indicator signal, and it's a strong one.
Come with me if you want to live....
  • #345,226
  • Aug 15, 2013 2:03am Aug 15, 2013 2:03am
Quoting Makavell
{quote} CURRENCY ARMAGEDDON!!! everyone will start jumping ship including the Chinese who hold a huge chunk of US debts.
I honestly thought it was assumed all this debt was not backed by gold.
How can it be?
Or am I missing the point of your post?
Come with me if you want to live....
  • #345,227
  • Aug 15, 2013 2:03am Aug 15, 2013 2:03am
Quoting Ill-b-back
{quote} Exactly, retail "contrarion" indicator signal, and it's a strong one.
Thanks for the explination
  • #345,228
  • Aug 15, 2013 2:09am Aug 15, 2013 2:09am
Quoting ferreira1239
{quote} Thanks for the explination
No problem
Come with me if you want to live....
  • #345,229
  • Aug 15, 2013 2:21am Aug 15, 2013 2:21am
I'm buying, TP 1.5725, who followed me?
  • #345,230
  • Aug 15, 2013 2:25am Aug 15, 2013 2:25am
Quoting vezefq
I'm buying, TP 1.5725, who followed me?
I am buying as well....till 1,5600 then a little short after that again UP 1,5720 I hope OK..
  • #345,231
  • Aug 15, 2013 2:36am Aug 15, 2013 2:36am
Quoting fxtyrant
{quote} i wish US and China good luck too... LLOOK US is trade partner with majority of the world and China is the driving force of the Emerging market.... So really US and China are the dynamo of the world economy... if either of the fail... the world's gona be in trouble.... Thats why China cant start no econnomic war with US and US cant start no economic war with China, they need each other... or the world collapses...{image}
  • #345,232
  • Aug 15, 2013 2:42am Aug 15, 2013 2:42am
Gidday

Man this pair closed a couple longs early on.

An it crawls back up again

if I had just sucked it up an grew a pair

The other long is at 15600

What a dick

I will take a pending short higher up:nerd:
  • #345,233
  • Aug 15, 2013 2:48am Aug 15, 2013 2:48am
Quoting eliteincome
Gidday Man this pair closed a couple longs early on. An it crawls back up again if I had just sucked it up an grew a pair The other long is at 15600 What a dick I will take a pending short higher up:nerd:

dont think like this, one thing i know every1 short will feel pain and all long as well..right till new is released and the mofo can go either way..basicallly to win u going to have to earn it!! ..everytime

off to work ..typical 5 days off, achieved nothing but this mess
trade safe ladies
  • #345,234
  • Aug 15, 2013 3:03am Aug 15, 2013 3:03am
Still long everyone ???
  • #345,235
  • Aug 15, 2013 3:06am Aug 15, 2013 3:06am
Quoting Ill-b-back
{quote} I honestly thought it was assumed all this debt was not backed by gold. How can it be? Or am I missing the point of your post?
I know the gold money standard ended a long time ago but todays money is backed by "good faith'. What is that worth in the mist of eroding confidence in an entity or state. Its a fact that most currencies are not worth the paper they are printed on. The EU now has first hand experience of this fact and Germany leading that team has its hands full. Its very likely the gold standard might just be making a comeback
  • #345,236
  • Aug 15, 2013 3:07am Aug 15, 2013 3:07am
Hi Navin

All good just been out played

trading in the minute chart

GBP/US need to change my style of trading for this pair.

Bit loaded up in the YEN pairs

But will move funds into this pair

trying not to get shorts an longs in the same chart.:nerd:
  • #345,237
  • Aug 15, 2013 3:07am Aug 15, 2013 3:07am
Quoting eliteincome
Gidday Man this pair closed a couple longs early on. An it crawls back up again if I had just sucked it up an grew a pair The other long is at 15600 What a dick I will take a pending short higher up:nerd:

5-10 pips is enough as long as i enter a huge lot
  • #345,238
  • Aug 15, 2013 3:10am Aug 15, 2013 3:10am
Short on GC 2 live 4 waiting to join
love to see huge spike up trigger the rest then plummet down.Which is exactly what I anticipate to happen.
TP previous support at 5950
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcadh4.png Size: 26 KB
In trading, you have to be defensive and aggressive at the same time
  • #345,239
  • Aug 15, 2013 3:12am Aug 15, 2013 3:12am
cable going down the data?
  • #345,240
  • Aug 15, 2013 3:15am Aug 15, 2013 3:15am
Quoting zbinow3411
cable going down the data?
I think we may see quick bullish surge on release, follwed by a slow meander down...
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