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Cable Update (GBPUSD)

  • #350,581
  • Oct 25, 2013 5:37am Oct 25, 2013 5:37am
Quoting nAVIN2007
{quote} chart and why?..i wanna see technicals

I don't need to give you reasons for that. I don't want your vouch. hahaha
  • #350,582
  • Oct 25, 2013 5:37am Oct 25, 2013 5:37am
whats up P.T thanks for your vouch on me

GL and best luck

Eitan
when GOD brings you a challenge he also gives you the power to deal with it
  • #350,583
  • Oct 25, 2013 5:38am Oct 25, 2013 5:38am
Quoting PipTrapper
{quote} If you can give me a good trade call for 100pips profit with a tight SL and it works out perfectly, I'll think about it.

very soon we will have a vouch scandal at forexfactory with navin and piptrapper being investigated by fbi
  • #350,584
  • Oct 25, 2013 5:42am Oct 25, 2013 5:42am
Quoting eitan1010
whats up P.T thanks for your vouch on me GL and best luck Eitan
Cheers Eitan.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,585
  • Oct 25, 2013 5:42am Oct 25, 2013 5:42am
1.6184 is bull and 1.6194 is bear. they are fighting for the fort.
  • #350,586
  • Oct 25, 2013 5:42am Oct 25, 2013 5:42am
Quoting PipTrapper
{quote} Don't say s**t like that. You'll give me nightmares
Don't know where is th s**t.

If God gave a press conference with Robert Peston (that is s**t) and Robert Peston asked: God, how much is the pound worth. And God said: 1.60. Given that 95% of the world population believes in God, how much do you think the pound would be trading at just after this announcement?
  • #350,587
  • Oct 25, 2013 5:43am Oct 25, 2013 5:43am
Quoting negrada
{quote} Don't know where is th s**t. If God gave a press conference with Robert Peston (that is s**t) and Robert Peston asked: God, how much is the pound worth. And God said: 1.60. Given that 95% of the world population believes in God, how much do you think the pound would be trading at just after this announcement?

If the floor is 1.60 i will go and sell now for 1.6030
  • #350,588
  • Oct 25, 2013 5:45am Oct 25, 2013 5:45am
Quoting giveachance
{quote} very soon we will have a vouch scandal at forexfactory with navin and piptrapper being investigated by fbi
Good one
Those who say it cannot be done should not interrupt those who are doing it
  • #350,589
  • Oct 25, 2013 5:46am Oct 25, 2013 5:46am
Quoting PipTrapper
{quote} If you can give me a good trade call for 100pips profit with a tight SL and it works out perfectly, I'll think about it.
Dude that was just to add some humor.

As far as vouches are concern, thank you very much for the offer. i do apologize that i lack interest in it.

I am neither a guru to give you a trade call with 100 pips... i would love to keep it for me ....

Well, a short setup on gbp is under progress, still not complete, may be on tuesday or wedsday, it can produce more pip than you asked for. Keep an eye on 4H lower HI with with MA declining in MACD when histogram is shorter than the previous one..

IMVHO, GBP not gonna break 6300 on daily.

Good Luck.
Enter Signature
  • #350,590
  • Oct 25, 2013 5:48am Oct 25, 2013 5:48am
6114-6256 the immediate 4hr range, with 6259 the main previous swing hi on daily/minor weekly as the real immediate upside obstacle....price struggling to get past that...right now a previous 1hr/minor 4hr swing lo zone and 50% of the 6118-6246 move is where some support is coming in. 4Hr H&S players hoping for more downside, amongst others. Price mixed re opa now on 1hr/4hr.

G/L
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ex member
  • #350,591
  • Oct 25, 2013 5:49am Oct 25, 2013 5:49am
Quoting Dapsychopath
support finding at 6180 in my mind right now.
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nailed. u know u can show appreciation via vouch or somethin.
will update my levels soon. watchin if the 6180 support failed.
then we might get a bear. positioning right now.
  • #350,592
  • Oct 25, 2013 5:49am Oct 25, 2013 5:49am
Dollar near lows against euro, shares cling to weekly gains


http://s1.reutersmedia.net/resources...=CBRE97M01B300






By Marc Jones
LONDON | Fri Oct 25, 2013 6:12am EDT





(Reuters) - The dollar was slumped near a two-year low against the euro on Friday as clear expectations of continued U.S. bond purchase left it facing its sixth weekly fall in seven and world shares close to five-year highs.

Soft U.S. jobs data this week has bolstered the view that the Federal Reserve will not tamper with its huge bond-buying program until well into next year, triggering a drop in the dollar and lifting both shares and bonds.

The broad weakness of the dollar remained the dominant theme for markets and a dip in Germany's Ifo business index and euro zone lending data failed to dull the euro as it hovered at $1.3820 after hitting $1.3833 overnight.



http://www.reuters.com/article/2013/...96S00E20131025
Always looking the GREAT, never left GOOD Point...
  • #350,593
  • Oct 25, 2013 5:49am Oct 25, 2013 5:49am
Quoting negrada
{quote} Don't know where is th s**t. If God gave a press conference with Robert Peston (that is s**t) and Robert Peston asked: God, how much is the pound worth. And God said: 1.60. Given that 95% of the world population believes in God, how much do you think the pound would be trading at just after this announcement?
All depends where it was before God said 1.60
If it was 1.50, then it would be trading at 1.80
and if it was 1.70 then it would be trading at 1.40

The market has a habit of making exaggerated moves because they just follow the crowds like lemmings.
Only 5% of the crowd would hear God saying 1.60... the other 95% would just follow and keep going.

Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #350,594
  • Oct 25, 2013 5:50am Oct 25, 2013 5:50am
Quoting basitata
{quote} Dude that was just to add some humor. As far as vouches are concern, thank you very much for the offer. i do apologize that i lack interest in it. I am neither a guru to give you a trade call with 100 pips... i would love to keep it for me .... Well, a short setup on gbp is under progress, still not complete, may be on tuesday or wedsday, it can produce more pip than you asked for. Keep an eye on 4H lower HI with with MA declining in MACD when histogram is shorter than the previous one.. IMVHO, GBP not gonna break 6300 on daily....


I call the ones with vouches as privileged members of forexfactory or the vouch club
  • #350,595
  • Oct 25, 2013 5:51am Oct 25, 2013 5:51am
A typical day on Wall Street...

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Those who say it cannot be done should not interrupt those who are doing it
  • #350,596
  • Oct 25, 2013 5:52am Oct 25, 2013 5:52am
bull lost it to the bear i am afraid. bears take the fort
  • #350,597
  • Oct 25, 2013 5:54am Oct 25, 2013 5:54am
Quoting PipTrapper
{quote} All depends where it was before God said 1.60 If it was 1.50, then it would be trading at 1.80 and if it was 1.70 then it would be trading at 1.40 The market has a habit of making exaggerated moves because they just follow the crowds like lemmings. Only 5% of the crowd would hear God saying 1.60... the other 95% would just follow and keep going. http://www.youtube.com/watch?v=AOOs8MaR1YM
That's true for the immediate impact, as nobody would really care investigating why the price jumped to one direction, but after it went to all newspapers with a huge headline: BBC EXCLUSIVE: GOD TELLS ROBERT PESTON POUND IS WORTH 1.60 the price go straight back to 1.60 and wouldn't move a pip (or maybe between 1.5990-1.6010 because of Atheist trading...)
  • #350,598
  • Oct 25, 2013 5:56am Oct 25, 2013 5:56am
Quoting giveachance
bull lost it to the bear i am afraid. bears take the fort
A true F**ng truth
Enter Signature
  • #350,599
  • Oct 25, 2013 5:57am Oct 25, 2013 5:57am
Quoting negrada
{quote} That's true for the immediate impact, as nobody would really care investigating why the price jumped to one direction, but after it went to all newspapers with a huge headline: BBC EXCLUSIVE: GOD TELLS ROBERT PESTON POUND IS WORTH 1.60 the price go straight back to 1.60 and wouldn't move a pip (or maybe between 1.5990-1.6010 because of Atheist trading...)
Those who say it cannot be done should not interrupt those who are doing it
  • #350,600
  • Oct 25, 2013 5:59am Oct 25, 2013 5:59am
Quoting giveachance
bull lost it to the bear i am afraid. bears take the fort
Not quite yet. 6180/70 is a key level. Price has to get below before the bears can claim victory.
However, it is true that bulls have lost their mojo.
Overall we are now in neutral territory.
Let's see what NY does.
Those who say it cannot be done should not interrupt those who are doing it
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