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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #7,381
  • Sep 10, 2013 9:44am Sep 10, 2013 9:44am
Quoting godim
{quote} The goal, I think, is over 9409. {image} There is already a breakthrough. No one not yet knows.

agreed...
System targets are as follows:
94164
95361
95422 (this is my Stretch Target Price)

just sayin 161.8 before maybe a pause of some kind... cant totally ignore those momentum divergences...
unless they are gone by then... which isn't likely...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,382
  • Sep 10, 2013 9:45am Sep 10, 2013 9:45am
Quoting PipTrapper
{quote} Finally the retail crowd has gone short the Aussie for the first time since April. This is probably a good signal that we shall get that correction to 95/95 area I have been waiting for. As I posted in AUDUSD thread yesterday... Well, see for your self. >>> {quote}
+1

you and me both buddy!
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,383
  • Sep 10, 2013 9:54am Sep 10, 2013 9:54am
Cable:

On the prowl...

H4 w/ daily fibs painted

Attached Image (click to enlarge)
Click to Enlarge Name: Cable H4 09.10.13.png Size: 44 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,384
  • Sep 10, 2013 9:56am Sep 10, 2013 9:56am
Quoting Sober_Colm
{quote} Triple divergence now on the 8h & the tl may hold. MACD also in a nice place on 8h/4h as far as I'm concerned. I think this could be the time to get in so gonna go for a long from 1.036 up to the 1.51x area.

No worries. I'm not bailing on my longs. I still believe we will see a US dollar bull market resurgence sooner or later. I am patient.
Those who say it cannot be done should not interrupt those who are doing it
  • #7,385
  • Sep 10, 2013 11:06am Sep 10, 2013 11:06am
Commerzbank likes cable longs
35 minutes ago | September 10th, 2013 15:29:57 GMT by Adam Button | 4 Comments

Commerzbank is recommending buying GBP/USD at current levels anticipating strong UK jobs tomorrow and upbeat retail sales data on Thursday.
A cluster of resistance looms around yesterday’s high, the 200-week moving average and the June high of 1.5752. I prefer to buy on a break but if the data is good, it could be a swift move.
They recommend taking profit at 1.5990 with a stop at 1.5610.

http://www.forexlive.com/blog/2013/0...s-cable-longs/
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,386
  • Sep 10, 2013 11:33am Sep 10, 2013 11:33am
Quoting theDHT
Commerzbank likes cable longs 35 minutes ago | September 10th, 2013 15:29:57 GMT by Adam Button | 4 Comments Commerzbank is recommending buying GBP/USD at current levels anticipating strong UK jobs tomorrow and upbeat retail sales data on Thursday. A cluster of resistance looms around yesterday’s high, the 200-week moving average and the June high of 1.5752. I prefer to buy on a break but if the data...
So when (not if) the numbers come in as (or weaker than) expected, price will make a technical move down to 5630 where the big boys will push price through support to trigger all those retail stop losses at 5610. Nice strategy.
Those who say it cannot be done should not interrupt those who are doing it
  • #7,387
  • Sep 10, 2013 11:53am Sep 10, 2013 11:53am
Quoting theDHT
Commerzbank likes cable longs 35 minutes ago | September 10th, 2013 15:29:57 GMT by Adam Button | 4 Comments Commerzbank is recommending buying GBP/USD at current levels anticipating strong UK jobs tomorrow and upbeat retail sales data on Thursday. A cluster of resistance looms around yesterday’s high, the 200-week moving average and the June high of 1.5752. I prefer to buy on a break but if the data...
#7385

GBPUSD is at it's top weekly SMA200 just now. The market has to bring up enorm energy to pulverizes this line when it will push up this pair more up.

Pumpkin?
The Commerzbank is a Hillbilly Institution cash paid from the tax payer.
If I do exactly the contrary of their comments (e.g. #7388) I often do the right thing!
FXcube

GBPUSD, Weekly, 2013 September 10
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, Weekly, 2013 September 10.jpg Size: 150 KB
  • #7,388
  • Sep 10, 2013 12:00pm Sep 10, 2013 12:00pm
GBPUSD, Daily, 2013 September 10
Longer Term Trade
Short @ 1.5730, Target @ 1.5080
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, Daily, 2013 September 10.jpg Size: 73 KB
  • #7,389
  • Sep 10, 2013 12:06pm Sep 10, 2013 12:06pm
Quoting Forexcube
{quote} #7385 GBPUSD is at it's top weekly SMA200 just now. The market has to bring up enorm energy to pulverizes this line when it will push up this pair more up. Pumpkin? The Commerzbank is a Hillbilly Institution cash paid from the tax payer. If I do exactly the contrary of their comments (e.g. #7388) I often do the right thing! FXcube GBPUSD, Weekly, 2013 September 10 {image}


hahaha
Those who say it cannot be done should not interrupt those who are doing it
  • #7,390
  • Sep 10, 2013 12:08pm Sep 10, 2013 12:08pm
Quoting Forexcube
GBPUSD, Daily, 2013 September 10 Longer Term Trade Short @ 1.5730, Target @ 1.5080 {image}
I am short at 1.5710 (from yesterday)
My target is 1.48xx
Those who say it cannot be done should not interrupt those who are doing it
  • #7,391
  • Sep 10, 2013 12:39pm Sep 10, 2013 12:39pm
Quoting Forexcube
{quote} #7385 GBPUSD is at it's top weekly SMA200 just now. The market has to bring up enorm energy to pulverizes this line when it will push up this pair more up. Pumpkin? The Commerzbank is a Hillbilly Institution cash paid from the tax payer. If I do exactly the contrary of their comments (e.g. #7388) I often do the right thing! FXcube GBPUSD, Weekly, 2013 September 10 {image}
Your comments made me look at the weekly picture, and I am glad I did..

this is what i see:

the bear:
unqualified breakout
61.8 fib (could be major overhead resistance)

the bull:
bullish momentum divergence

to me, this means we are in a bit of a no trade zone... maybe rub one out till the market gives us a direction!!

i tend on lean on fibs heavily for my discretionary work, so if i were to take a short it would be something like this:
short at the 61.8, stop above the 88, target T1/2 at the 127/161.8... but being weekly, this would take a year or so to play out!!!

ftr, i am sitting on a half size long which i took yesterday, currently up a few pips, but trailing it tightly

good luck!

Cable
W1
Attached Image (click to enlarge)
Click to Enlarge Name: Cable Weekly 09.10.13.png Size: 52 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,392
  • Sep 10, 2013 1:51pm Sep 10, 2013 1:51pm
Comment?
Questions?
Ideas?
Criticism?
Jokes?
I accept them all

Latest M5 count for E/U
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 82 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #7,393
  • Sep 10, 2013 1:58pm Sep 10, 2013 1:58pm
Quoting PipTrapper
Syria has accepted Russia’s proposal to surrender control over its chemical weapons, the Syrian finance minister said. http://www.cnbc.com/id/101008667
Probably because Syria would like some Sukhoi
  • #7,394
  • Sep 10, 2013 2:02pm Sep 10, 2013 2:02pm
Quoting Delta1One
{quote} Probably because Syria would like some Sukhoi
from Russia with love
http://www.zerohedge.com/news/2013-0...sia-love-redux
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,395
  • Sep 10, 2013 2:12pm Sep 10, 2013 2:12pm
Quoting theDHT
{quote} from Russia with love http://www.zerohedge.com/news/2013-0...sia-love-redux
"Thank you, Russia… we love you back!"
Those who say it cannot be done should not interrupt those who are doing it
  • #7,396
  • Sep 10, 2013 2:15pm Sep 10, 2013 2:15pm
Quoting Delta1One
{quote} Probably because Syria would like some Sukhoi
http://www.jewishpress.com/news/brea...ns/2013/09/09/
Those who say it cannot be done should not interrupt those who are doing it
  • #7,397
  • Sep 10, 2013 2:15pm Sep 10, 2013 2:15pm
Quoting PipTrapper
{quote} "Thank you, Russia… we love you back!"
especially my brent short!

90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,398
  • Sep 10, 2013 2:51pm Sep 10, 2013 2:51pm
Hi DHT

How did you get on with your EUR/YEN

This 133 to 134 level

jumping around a bit

still YEN only the 100

Do think EUR/YEN 136 to 138

Not sure about that retrace

thought we would have one before it zoomed to higher levels:nerd:
  • #7,399
  • Sep 10, 2013 2:58pm Sep 10, 2013 2:58pm
Quoting eliteincome
Hi DHT How did you get on with your EUR/YEN This 133 to 134 level jumping around a bit still YEN only the 100 Do think EUR/YEN 136 to 138 Not sure about that retrace thought we would have one before it zoomed to higher levels:nerd:

shes being a very bad girl

she keeps me up at night
and never goes down...
90% of people, are wrong about 90% of everything, 90% of the time...
  • #7,400
  • Sep 10, 2013 3:01pm Sep 10, 2013 3:01pm
US JOLTS >>>> http://www.forexfactory.com/showthre...00#post6954900
Those who say it cannot be done should not interrupt those who are doing it
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