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Cable Update (GBPUSD)

  • #352,161
  • Nov 7, 2013 2:07am Nov 7, 2013 2:07am
Quoting okanemici
{quote} Experience.Watch and see.
experience?
my experience tells me that coming in a cable thread, calling for a move in any instrument, without at least a bit of reasoning just saying "will go there because this move was in my experience a fake" it's one of most stupid things in which one could ever lose his/her time.

you should pay 10$ to all those who lost their 45seconds to read your posts.
actually there are 50traders viewing this room

50x10=14500. yes because in my experience 50x10=450 is something fake and soon it will be shared the correct result by all scientists around the world.

90% of traders use TA, indicators and prediction
  • #352,162
  • Nov 7, 2013 2:28am Nov 7, 2013 2:28am
Quoting _BBKing_
{quote} experience? my experience tells me that coming in a cable thread, calling for a move in any instrument, without at least a bit of reasoning just saying "will go there because this move was in my experience a fake" it's one of most stupid things in which one could ever lose his/her time. you should pay 10$ to all those who lost their 45seconds to read your posts. actually there are 50traders viewing this room 50x10=14500. yes because in my experience 50x10=450 is something fake and soon it will be shared the correct result by all scientists...
ROFL..

No offense folks... no hart feeling please.. but your comment is just so true and funny..
  • #352,163
  • Nov 7, 2013 2:47am Nov 7, 2013 2:47am
Quoting Rf7
{quote} ROFL.. No offense folks... no hart feeling please.. but your comment is just so true and funny..

90% of traders use TA, indicators and prediction
  • #352,164
  • Nov 7, 2013 2:52am Nov 7, 2013 2:52am
Quoting Baggi
Take a look at this four hour chart of GBPUSD: {image} Take away the wicks after each surge up and look how flat it is. Step up, flat, step up, flat, step up, flat. I don't know that I've ever seen such a consistent pattern before.
I have. Take a look at the Euro after Draghi's "We will do whatever it takes..." speech
Those who say it cannot be done should not interrupt those who are doing it
  • #352,165
  • Nov 7, 2013 2:55am Nov 7, 2013 2:55am
does any know why the currencies have come to standstill today?
  • #352,166
  • Nov 7, 2013 3:02am Nov 7, 2013 3:02am
Hello EUR/US

Can't wait for the Turd throwing competition.

The big boys will come out to play

Loads of fun trying to raid the charts

Just wish they would hurry up
  • #352,167
  • Nov 7, 2013 3:17am Nov 7, 2013 3:17am
Quoting spirogyra
does any know why the currencies have come to standstill today?

Big impact GBP, EUR and USD news coming. The day the Earth stood still...I have a feeling USD news is gonna be negative, driving cable upwards.
  • #352,168
  • Nov 7, 2013 3:22am Nov 7, 2013 3:22am
Quoting Jorsik
{quote} Big impact GBP, EUR and USD news coming. The day the Earth stood still...I have a feeling USD news is gonna be negative, driving cable upwards.
Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #352,169
  • Nov 7, 2013 3:22am Nov 7, 2013 3:22am
Quoting 45Condor
{quote} I'm not attempting to argue, but would be inclined to look the other way. The support so far offered by the extension level has been under pressure for most of the week. {image} {image} {image}
I totally agree you but they release a data in this situations to completely change the direction.And they did this many many times lately.Haven't they ? Usdlfx,gold charts suggest that, usdlfx is going down and gold is going up.Either today or tomorrow the latest.
Attached Image (click to enlarge)
Click to Enlarge Name: gold8.jpg Size: 149 KB
  • #352,170
  • Nov 7, 2013 3:26am Nov 7, 2013 3:26am
GU - 4hr with important levels and 15 min for scalps.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 74 KB
Click to Enlarge Name: gbpusdm15.png Size: 63 KB
  • #352,171
  • Nov 7, 2013 3:27am Nov 7, 2013 3:27am
Quoting okanemici
{quote} I totally agree you but they release a data in this situations to completely change the direction.And they did this many many times lately.Haven't they ? Usdlfx,gold charts suggest that, usdlfx is going down and gold is going up.Either today or tomorrow the latest. {image}
There is no denying that this pair looks bullish, but nobody knows what the data says. If the data is dovish, then this pair goes down and if it is hawkish, it goes up. What happens after that is a different story. If the market still wants to bid it afterwards, then so be it.

In a nutshell, today's PA will be shaped by news events. If the news events are a surprise, then it will change the technical landscape.
Those who say it cannot be done should not interrupt those who are doing it
  • #352,172
  • Nov 7, 2013 3:28am Nov 7, 2013 3:28am
I would love to stick around and debate this issue, but I have to go out for a while now. I'll be back before news release.
Those who say it cannot be done should not interrupt those who are doing it
  • #352,173
  • Nov 7, 2013 3:28am Nov 7, 2013 3:28am
Quoting _BBKing_
{quote} experience? my experience tells me that coming in a cable thread, calling for a move in any instrument, without at least a bit of reasoning just saying "will go there because this move was in my experience a fake" it's one of most stupid things in which one could ever lose his/her time. you should pay 10$ to all those who lost their 45seconds to read your posts. actually there are 50traders viewing this room 50x10=14500. yes because in my experience 50x10=450 is something fake and soon it will be shared the correct result by all scientists...
BBKing so please send me your bank account and I'll wire the money
Sorry about that answer, because when I was writing it audjpy and audusd was crazy and I was taking positions, I had to cut it short.Even if I tried to tell my reason nobody probably would find it reasonable with that falling knife on their charts.They do this kind of falling knife drops and the opposite when they are about to change direction in a pair and that is where I'm experienced at.3 months ago I 'd have shorted that audusd and audyen and busted, but today I learned to wait for that drop and open the opposite position.That is all I can tell about that experience.Hope it helps
  • #352,174
  • Nov 7, 2013 3:32am Nov 7, 2013 3:32am
Quoting okanemici
{quote} BBKing so please send me your bank account and I'll wire the money Sorry about that answer, because when I was writing it audjpy and audusd was crazy and I was taking positions, I had to cut it short.Even if I tried to tell my reason nobody probably would find it reasonable with that falling knife on their charts.They do this kind of falling knife drops and the opposite when they are about to change direction in a pair and that is where I'm experienced at.3 months ago I 'd have shorted that audusd and audyen and busted, but today...
I suggest you go and get some fresh air!
  • #352,175
  • Nov 7, 2013 3:45am Nov 7, 2013 3:45am
Quoting _BBKing_
{quote} experience? my experience tells me that coming in a cable thread, calling for a move in any instrument, without at least a bit of reasoning just saying "will go there because this move was in my experience a fake" it's one of most stupid things in which one could ever lose his/her time. you should pay 10$ to all those who lost their 45seconds to read your posts. actually there are 50traders viewing this room 50x10=14500. yes because in my experience 50x10=450 is something fake and soon it will be shared the correct result by all scientists...

I didn't knew people have to take your permission to post their views here. wtf. let him post his views. you ignore them. I support oka
  • #352,176
  • Nov 7, 2013 3:46am Nov 7, 2013 3:46am
i'm long 6074
sl 6064
tp 6165
  • #352,177
  • Nov 7, 2013 3:50am Nov 7, 2013 3:50am
Quoting giveachance
{quote} I didn't knew people have to take your permission to post their views here. wtf. let him post his views. you ignore them. I support oka

ahhhhhhhhh dont worry this always happens its a time passer
  • #352,178
  • Nov 7, 2013 3:54am Nov 7, 2013 3:54am
Quoting julia2011
i'm long 6074 sl 6064 tp 6165
Face both Win and Lose bravely
  • #352,179
  • Nov 7, 2013 3:56am Nov 7, 2013 3:56am
Quoting giveachance
{quote} I didn't knew people have to take your permission to post their views here. wtf. let him post his views. you ignore them. I support oka
It's one of the unwritten ( sometimes written ) rules of ff to at least make an effort to explain any particular view you have as to why the price may move up, down, or sideways. To merely come onto a thread with a load of wild and unsubstantiated statements, with not a whisp of analysis turns any thread into a farce. So yes, say what you like, but let others see the reasoning behind what you say. That is all these forums and we as traders ask of each other.
  • #352,180
  • Nov 7, 2013 3:59am Nov 7, 2013 3:59am
Good Day Gents,

Map looking up now - and to me it's obviously up too, so perhaps time has come for shorts

Best Regards
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