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Cable Update (GBPUSD)

  • #356,621
  • Dec 20, 2013 12:48pm Dec 20, 2013 12:48pm
Quoting Davit
{quote} not marriage but healthy temporary relationship with full of sex I am happy that my shorts are at decent levels all 64 or above.TP 60

Well then , You must be having a blast ( No pun intended...) ..
I'm not doing much , Just watching ( As creepy as that may sound ..lol) ..
Maybe sell orders will run out , and we test daily supply again ..

Nice Weekend ..
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  • #356,622
  • Dec 20, 2013 1:11pm Dec 20, 2013 1:11pm
Quoting Ill-b-back
{quote} Not retail traders, we are mega numbers of tiny plankton in an ocean controlled by a relative few market whales...


Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #356,623
  • Dec 20, 2013 1:54pm Dec 20, 2013 1:54pm
Quoting Ill-b-back
{quote} But that won't stop it continue it's climb sooner or later after the retest... {image} {image}
I'm thinking a push down to 1.62 next week to complete the broken monthly TL/4hr wedge retest would be a good spot to look for bullish signs.
Come with me if you want to live....
  • #356,624
  • Dec 20, 2013 1:58pm Dec 20, 2013 1:58pm
Quoting PipTrapper
{quote} http://www.youtube.com/watch?v=byusSqu9bgM
Nature reveals the "natural order" of things the elites often talk about.
We don't have to out swim the shark, we just got to be faster than the next guy
Come with me if you want to live....
  • #356,625
  • Dec 20, 2013 4:02pm Dec 20, 2013 4:02pm
any support is futile, 1.6300 monday
  • #356,626
  • Dec 20, 2013 5:02pm Dec 20, 2013 5:02pm
Quoting acidguy
any support is futile, 1.6300 monday
Agreed, 1.6250 would not surprise me by Mon/Tues
Come with me if you want to live....
  • #356,627
  • Dec 20, 2013 7:34pm Dec 20, 2013 7:34pm
Quoting PipTrapper
{quote} Under normal market conditions I would fully agree with you, but the fact remains that the market doesn't give a toss about the current account deficit right now. All they care about is what Carney and Bernanke said. Carney said that QE has ended. Bernanke said that rates will remain low way past the time that UE rate falls below 6.5% On top of all that, - The market is still trying to digest the last FOMC decisions and will probably not fully commit to a sentiment until they see the minutes in Jan. - This is holiday season. It is time to...
Had to walk off my machine earlier on but thanks for that, was very informative. You should try some single barrel bourbons i.e. Four Roses - was my fav when I was in NYC last month.
  • #356,628
  • Edited 12:03pm Dec 21, 2013 10:56am | Edited 12:03pm
Well, that 61.8 FE really is proving to be a ceiling at the moment, and will, in my opinion, likely remain so until the start of next year. The Dollar, too, seems to be sitting back and waiting for the indulgence in contemporary Christmas to leave its debt behind.

But enough of my bah humbug attitude to this corporate hijacking of pagan celebration.

I hope all are well, and that the end of the year heralds new beginnings for you.
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #356,629
  • Dec 21, 2013 12:27pm Dec 21, 2013 12:27pm
Quoting PipTrapper
Okay, I don't think anyone will be interested in reading what a slightly tipsy guy has to write, so I'm signing off now. {image}
Hiccup!!! Done. Next bottle please

Now this is what I call "Christmas Spirit"

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Those who say it cannot be done should not interrupt those who are doing it
  • #356,630
  • Dec 21, 2013 1:23pm Dec 21, 2013 1:23pm
Quoting 45Condor
Well, that 61.8 FE really is proving to be a ceiling at the moment, and will, in my opinion, likely remain so until the start of next year. The Dollar, too, seems to be sitting back and waiting for the indulgence in contemporary Christmas to leave its debt behind. But enough of my bah humbug attitude to this corporate hijacking of pagan celebration. I hope all are well, and that the end of the year heralds new beginnings for you. {image} {image} {image} {image}
Christmas a pagan celebration?
it is not Saturnalia.
Come with me if you want to live....
  • #356,631
  • Dec 21, 2013 1:46pm Dec 21, 2013 1:46pm
Quoting Ill-b-back
{quote} Agreed, 1.6250 would not surprise me by Mon/Tues
Yeap - Potentially tested again
  • #356,632
  • Dec 21, 2013 3:20pm Dec 21, 2013 3:20pm
Quoting DailyChart
{quote} Yeap - Potentially tested again
and then 1.67
Those who say it cannot be done should not interrupt those who are doing it
  • #356,633
  • Dec 21, 2013 11:53pm Dec 21, 2013 11:53pm
Quoting PipTrapper
{quote} and then 1.67

Aren't you little jumpy!
1st we go all the way to 1.60 median mean then care less after.
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In trading, you have to be defensive and aggressive at the same time
  • #356,634
  • Dec 22, 2013 12:35am Dec 22, 2013 12:35am
Y'all ready for this...?


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Come with me if you want to live....
  • #356,635
  • Dec 22, 2013 12:49am Dec 22, 2013 12:49am
Quoting Ill-b-back
{quote} Christmas a pagan celebration? it is not Saturnalia.

Hi IBB,

Yes, it is/was, and from what I know, Roman in origin, and thus of a Pagan nature... with the week being filled with a suspension of law, in order to facilitiate a week of rioting, eating, drinking, public orgies and, finally, the sacrificing of one poor sap that was deemed to represent the bad in society... poor bugger was usually tied up and abused for the week - innocent or not.

Maybe that is where the phrase Christmas stuffing come from.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #356,636
  • Dec 22, 2013 12:58am Dec 22, 2013 12:58am
Quoting 45Condor
{quote} Hi IBB, Yes, it is/was, and from what I know, Roman in origin, and thus of a Pagan nature... with the week being filled with a suspension of law, in order to facilitiate a week of rioting, eating, drinking, public orgies and, finally, the sacrificing of one poor sap that was deemed to represent the bad in society... poor bugger was usually tied up and abused for the week - innocent or not. Maybe that is where the phrase Christmas stuffing come from.
Christmas celebrates the birth of Christ.
From what I know, the date was changed to the 25th to coincide with the sacrifices of Saturnalia in an effort to redirect the Pagans from the sacrifices which they found abhorrent.
Come with me if you want to live....
  • #356,637
  • Dec 22, 2013 1:11am Dec 22, 2013 1:11am
Quoting Ill-b-back
{quote} Christmas celebrates the birth of Christ. From what I know, the date was changed to the 25th to coincide with the sacrifices of Saturnalia in an effort to redirect the Pagans from the sacrifices which they found abhorrent.
I agree.

That said, we could have left all but the rioting and sacrifice as it was. Alcohol-fuelled orgies do not strike me as abhorrent. Indeed, with such practices in place, it could help to pacify a culture for the rest of the year.

My problem with contemporary Christmas is that it has been hijacked by corporatism, and deceiving deities.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #356,638
  • Dec 22, 2013 1:20am Dec 22, 2013 1:20am
Quoting 45Condor
{quote} My problem with contemporary Christmas is that it has been hijacked by corporatism, and deceiving deities.
I don't think anyone could argue with that
Come with me if you want to live....
  • #356,639
  • Dec 22, 2013 1:39am Dec 22, 2013 1:39am
Quoting 45Condor
{quote} I agree. That said, we could have left all but the rioting and sacrifice as it was. Alcohol-fuelled orgies do not strike me as abhorrent. Indeed, with such practices in place, it could help to pacify a culture for the rest of the year. My problem with contemporary Christmas is that it has been hijacked by corporatism, and deceiving deities.
Depending on what we read, the early Christians allowed people to convert and keep their celebration as a kind of carrot/goodwill.
it was only the sacrifices they found abhorrent and were looking to stop hence moving the date to the end of the festival when the sacrifices occurred.

I agree, it's paints a terrible picture for the poor sods that were sacrificed.
Come with me if you want to live....
  • #356,640
  • Dec 22, 2013 2:57am Dec 22, 2013 2:57am
Trend on the smaller time frames are bullish for now ....moreover when you look at past history we can see that early in the year(January) i marked it with an ellipse, this pair seems to be quite bullish. Although this is bullish for now , we are coming into a very strong resistance at 1.6471 zone. So use that as a precaution. There is a great opportunity to make loads of pips on the way down. Happy piphunting !!!
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