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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #11,461
  • Edited 8:15am Nov 11, 2013 5:53am | Edited 8:15am
Sandwich and cappuccino time for me and the wife.
I'll be back for NY open... even though it's probably going to be dead.

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Those who say it cannot be done should not interrupt those who are doing it
  • #11,462
  • Nov 11, 2013 6:03am Nov 11, 2013 6:03am
Quoting PipTrapper
Sandwich and cappuccino time for me and the wife. I'll be back for NY open... even though it's probably going to be dead. {image}
I see only AU for a lower low to app 0.9300 and then bounce. Closed my GU chickened out . Shorted EY but no big players to sell the TL all retailers are buying? Anyway i closed for -25.

Will watch this week probably NU GU AU and EU
  • #11,463
  • Nov 11, 2013 6:31am Nov 11, 2013 6:31am
Trying gj and gu short tight stopa
  • #11,464
  • Edited 7:36am Nov 11, 2013 7:11am | Edited 7:36am
Closed GU short for 6 pips meanwhile, its gona bounce here on previous low i will short it higher. Closed GJ +7.

As i said yesterday we shoudlnt see any bounce on AU before 0.9355 and so it was. This is area of previous low but bounce here is highly unlikely.

EJ on decision point, break of 132.88 is bullish for another 40.

NZDCHF bullish wedge and head and shoulders broker, we are gona go lower.

I have just redrawn Gold trendline bellow seems like i drawn it wrong on daily chart. Overall angle is quite steep and considering PA i am not that sure about bounce upside so quick. Maybe 1250 or 1222 seems better before we turn up.
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  • #11,465
  • Nov 11, 2013 7:29am Nov 11, 2013 7:29am
Quoting janpec1000
Go gbp bears and go usd bulls...those that are not hollidays hehe. Waiting for higher low on gold to long it meanwhile also waiting to see if au will play bounce here.
Yes. I understand that you can not see. Many times I explained that my graphics are just one map. Map with the location of the power of bulls and bears. You just have to see.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,466
  • Nov 11, 2013 7:33am Nov 11, 2013 7:33am
5967 long cable
looking for investors . pm me
  • #11,467
  • Nov 11, 2013 7:49am Nov 11, 2013 7:49am
eurusd short 3410
looking for investors . pm me
  • #11,468
  • Nov 11, 2013 7:55am Nov 11, 2013 7:55am
Quoting kbmoonshinex
eurusd short 3410
Me too. Looking for 3350 kb?
  • #11,469
  • Nov 11, 2013 8:00am Nov 11, 2013 8:00am
Quoting progressa
{quote} Me too. Looking for 3350 kb?
yes. 3300 will buy i think
looking for investors . pm me
  • #11,470
  • Nov 11, 2013 8:09am Nov 11, 2013 8:09am
Quoting PipTrapper
Sandwich and cappuccino time for me and the wife. I'll be back for NY open... even though it's probably going to be dead. {image}
looking for investors . pm me
  • #11,471
  • Nov 11, 2013 8:15am Nov 11, 2013 8:15am
Quoting PipTrapper
Sandwich and cappuccino time for me and the wife. I'll be back for NY open... even though it's probably going to be dead. {image}
Okay I'm back and just as expected, market is in a coma.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,472
  • Nov 11, 2013 8:16am Nov 11, 2013 8:16am
Quoting BlueGas
Maybe potential trade on gu on green line, the time sure isnt the best {image} {image}
Trying some on gu @ 70
  • #11,473
  • Nov 11, 2013 8:20am Nov 11, 2013 8:20am
My EUR/USD analysis today:
After a strong plunging after NFP on Friday,we can see the bullish divergence causing EU a retracing now!The 50sma is very steep and angling down to show the strong bearish trend now!The significant resistance is at 1,345 level!We can look for a bearish price action signal when PA go towards this level to take a short with SL 20-30 pips and target at least at the previous bottom(1,3285).

In EW’s view,I think we’re in the corrective wave 2 of wave V.And we tend to catch the beginning of wave 3 of wave V at the ending of wave 2!


If PA can throw out the 1,345 level,we will have a momentum shift from bearish to bullish,so we will look for a buy if so!
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  • #11,474
  • Nov 11, 2013 8:20am Nov 11, 2013 8:20am
Quoting godim
{quote} important level 5983. bulls in defense... {image} normal breakout objective is 5907, but ... there are many support
resistance at 5986

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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #11,475
  • Nov 11, 2013 8:26am Nov 11, 2013 8:26am
Quoting PipTrapper
{quote} Okay I'm back and just as expected, market is in a coma.

Cable, AU is going down, but EU is already in the up mode since the market open, is there any news or do you know what triggers it? us banks are closed today, so what is going on with euro?
  • #11,476
  • Nov 11, 2013 8:39am Nov 11, 2013 8:39am
Quoting lovesuccess
{quote} Cable, AU is going down, but EU is already in the up mode since the market open, is there any news or do you know what triggers it? us banks are closed today, so what is going on with euro?
First off we have low liquidity due to Veterans Day in the US
Second, the Germans resolved some key banking union issues they had which should be good for EU bank stocks.
Third, and probably most importantly, nothing goes in a straight line... the Euro needs a correction after such a hard fall... especially since the bulls have not yet capitulated and likely will not until 1.3110 is violated with a weekly close below.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,477
  • Nov 11, 2013 8:51am Nov 11, 2013 8:51am
Quoting PipTrapper
{quote} First off we have low liquidity due to Veterans Day in the US Second, the Germans resolved some key banking union issues they had which should be good for EU bank stocks. Third, and probably most importantly, nothing goes in a straight line... the Euro needs a correction after such a hard fall... especially since the bulls have not yet capitulated and likely will not until 1.3110 is violated with a weekly close below.

I was expecting a reversal to bear side at 3396 but seemingly it is not going to do that anytime soon
  • #11,478
  • Nov 11, 2013 8:55am Nov 11, 2013 8:55am
Quoting PipTrapper
{quote} First off we have low liquidity due to Veterans Day in the US Second, the Germans resolved some key banking union issues they had which should be good for EU bank stocks. Third, and probably most importantly, nothing goes in a straight line... the Euro needs a correction after such a hard fall... especially since the bulls have not yet capitulated and likely will not until 1.3110 is violated with a weekly close below.
but first a move to 3620 please.i have quite a few long positions from 1.3320
Allah has permitted trade and has forbidden interest [koran]
  • #11,479
  • Nov 11, 2013 9:22am Nov 11, 2013 9:22am
Quoting drzakir123
{quote} but first a move to 3620 please.i have quite a few long positions from 1.3320
It's certainly possible, but from where I am seeing things also highly unlikely we will see 1.36xx. But hey, I've been wrong before and it probably wasn't the last time
Those who say it cannot be done should not interrupt those who are doing it
  • #11,480
  • Nov 11, 2013 9:23am Nov 11, 2013 9:23am
Quoting PipTrapper
{quote} It's certainly possible, but from where I am seeing things also highly unlikely we will see 1.36xx. But hey, I've been wrong before and it probably wasn't the last time
In my books i have 6005 as first ress, next 6060-70, gbp/usd i mean
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