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GBP/USD outlook

  • #1,041
  • Dec 27, 2013 12:10am Dec 27, 2013 12:10am
Attached Image
  • #1,042
  • Dec 27, 2013 12:21am Dec 27, 2013 12:21am
Quoting acidguy
{image}
He is biting off way more than he can chew

I'm going to thoroughly enjoy watching that bear choke
Come with me if you want to live....
  • #1,043
  • Dec 27, 2013 12:26am Dec 27, 2013 12:26am
Quoting Ill-b-back
{quote} He is biting off way more than he can chew I'm going to thoroughly enjoy watching that bear choke
liquidity in fx is almost none right now, this is why analisys could not work so well, let see how a bull and bears play it.
  • #1,044
  • Dec 27, 2013 12:27am Dec 27, 2013 12:27am
Tell me,

Where is the bear in this picture?

You are all a bunch of serious fruitcakes if you think this thing is going down
Attached Image(s) (click to enlarge)
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  • #1,045
  • Dec 27, 2013 12:30am Dec 27, 2013 12:30am
Quoting acidguy
{quote} liquidity in fx is almost none right now, this is why analisys could not work so well, let see how a bull and bears play it.
I believe the bulls have shown their "risk on" hand, low liquidity or not.
Come with me if you want to live....
  • #1,046
  • Dec 27, 2013 12:53am Dec 27, 2013 12:53am
Quoting Ill-b-back
Euro Wonderland?? {image} {image} {image}
Yes, Euro Wonderland...

FF Bearish Euro article rubbish strikes again
Attached Image (click to enlarge)
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  • #1,047
  • Dec 27, 2013 12:56am Dec 27, 2013 12:56am
Quoting Ill-b-back
{quote} Yes, Euro Wonderland... FF Bearish Euro article rubbish strikes again {image}
Amazing how Euro analysis articles can get it wrong so often in here huh?

Amazing...

But then, we need to know the truth first if we are going to lie

Come with me if you want to live....
  • #1,048
  • Dec 28, 2013 2:25am Dec 28, 2013 2:25am
Can you guess this MA?

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdweekly1.png Size: 29 KB
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  • #1,049
  • Dec 28, 2013 6:30pm Dec 28, 2013 6:30pm
Quoting Ill-b-back
Can you guess this MA? {image} {image} {image}
No takers?

666 ema
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  • #1,050
  • Dec 28, 2013 10:24pm Dec 28, 2013 10:24pm
I think GBPUSD will go down to 1.6300.
might be a correction
  • #1,051
  • Dec 29, 2013 11:11pm Dec 29, 2013 11:11pm
Quoting S M Hasib
I think GBPUSD will go down to 1.6300. might be a correction
Could do, I'm watching 1.64 myself
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  • #1,052
  • Dec 30, 2013 5:12pm Dec 30, 2013 5:12pm
The DOW one more time.

Wait for the retest, and buy the dip
Attached Image(s) (click to enlarge)
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  • #1,053
  • Edited 1:08am Jan 2, 2014 12:58am | Edited 1:08am
Gold

$894 looks interesting as an area to look for PA reasons to buy.

Coincidence?

Or something else?

If I traded Gold, $894-$900 would look interesting.

The Cynic in me says that if Gold does poke its head below $1000, all and sundry in the media will proclaim Gold is dead and heading towards $500 as the DOW continues to rise.

"SELL THE RALLIES" they will scream, it's "FOOLS GOLD" they will proclaim.

Meanwhile, they are gobbling up your sell orders and planning their 2014 Christmas bonus expenditure...
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdmonthly.png Size: 22 KB
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  • #1,054
  • Jan 3, 2014 5:31am Jan 3, 2014 5:31am
.
Attached Image (click to enlarge)
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  • #1,055
  • Jan 25, 2014 2:39am Jan 25, 2014 2:39am
Euro weekly seems to be just stepping higher.

Will it be the broken daily TL retest before moving higher?

Will it be the 4hr retest before moving higher?

Will it just fall through the floor?

Will I ever trade this pair again?

Hell no.....!
Attached Image(s) (click to enlarge)
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  • #1,056
  • Jan 29, 2014 10:47pm Jan 29, 2014 10:47pm
I don't trade the Aussie, but if you do,

Set your pending buy at 0.8, then just,


go to sleep.........
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  • #1,057
  • Jan 30, 2014 3:08pm Jan 30, 2014 3:08pm
Quoting Ill-b-back
Meanwhile on the DOW. Wait for the pullback and buy off the yellow. (wait for PA confirmation of course) As odd as it may seem, this major bull run is just getting started {image}
Closer,

slowly creeping closer....
Attached Image (click to enlarge)
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  • #1,058
  • Mar 11, 2014 4:36pm Mar 11, 2014 4:36pm
Has the Euro sentiment finally shifted with the closed break of the long standing descending TL with last weeks strong bull candle?

Also note the higher swing low of July 2012.

With all the continuing chin wagging of ECB officials on what they "can" do to control this rising currency, my bullshitameter is not reading a major bearish reversal yet.

Will we reach the top of the channel?

Medium/Longer term Fundamental Bears beware......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdweekly.png Size: 35 KB
Click to Enlarge Name: eurusdweekly1.png Size: 42 KB
Click to Enlarge Name: eurusddaily.png Size: 34 KB
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  • #1,059
  • Mar 11, 2014 4:48pm Mar 11, 2014 4:48pm
DOW could be ready to drop back to 16000
Attached Image (click to enlarge)
Click to Enlarge Name: dj30daily.png Size: 33 KB
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  • #1,060
  • Mar 11, 2014 7:30pm Mar 11, 2014 7:30pm
Quoting Ill-b-back
DOW could be ready to drop back to 16000 {image}
Agreed. Imho a good strategy would be to sell as close as possible to January High with tight SL right above. Entry: reasons for entry are divergence (SPX made HH and DOW still LH), and plenty RR down with risk clearly defined. Exit SL: if DOW High gets taken then the core trade idea is wrong, hence the suggested SL placement. Exit TP: to be decided, downside offers plenty of room as mentioned. It may take a while to bring this elephant down though.
"To hold, you must first open your hand. Let go." - Lao Tzu
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