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Cable Update (GBPUSD)

  • #360,381
  • Jan 24, 2014 2:13am Jan 24, 2014 2:13am
Quoting Ill-b-back
{quote} Lol... thats a cow you have there... we have range traders and more detailed chart traders, I get that, but this one sided fundy analysis is bemusing.
That's right...it's in reference to monday morning quarterbackers in here who can't man up and admit their mistakes....
Hear the music before the song is over ...
  • #360,382
  • Jan 24, 2014 2:14am Jan 24, 2014 2:14am
hard times for those who believe in the opportunities that arise from investing through anti-cyclical behaviour. i hope no one had a margin call.
fortis fortuna adiuvat
  • #360,383
  • Jan 24, 2014 2:16am Jan 24, 2014 2:16am
Picking The Top Is No Fun
  • #360,384
  • Jan 24, 2014 2:17am Jan 24, 2014 2:17am
GBP/CAD target revised from 1.8480 to temporarily 1.9000 and just partial some.
  • #360,385
  • Jan 24, 2014 2:21am Jan 24, 2014 2:21am
Pound against Yen and Swissy actually lost from yesterday to today.So its true this is more of USD weakness....still perplexed US stocks getting killed yesterday.
What was the catalyst?I have been reading but can't find the reason of serious dumping
In trading, you have to be defensive and aggressive at the same time
  • #360,386
  • Jan 24, 2014 2:22am Jan 24, 2014 2:22am
Hello Circus, it is really fun to watch shows here. Hope it lasts.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,387
  • Jan 24, 2014 2:22am Jan 24, 2014 2:22am
Quoting monaghan
You must have the Holy Grail as it sounds like you have never been wrong???
It's not about being right or wrong, price could reverse here who knows...
Its simply about trying to consider both sides of the coin.
I've been trying to prompt discussion about risk flows, the Feds policy, printing and interest rates for ages, but it simply gets a blind eye.
No holy grail, just balanced common sense...
Come with me if you want to live....
  • #360,388
  • Jan 24, 2014 2:22am Jan 24, 2014 2:22am
Attached Image (click to enlarge)
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  • #360,389
  • Jan 24, 2014 2:22am Jan 24, 2014 2:22am
i think this is the fastest exchange rate move ever(outside of GFC)

i mean GBP versus AUD is advancing at over 200 pips a day for 3 days.
  • #360,390
  • Jan 24, 2014 2:23am Jan 24, 2014 2:23am
this is just a straight fucking BULL market, like if you jump in you can't go wrong kind of market, it's to good to be true
  • #360,391
  • Jan 24, 2014 2:23am Jan 24, 2014 2:23am
Quoting Ken A
GBP/CAD target revised from 1.8480 to temporarily 1.9000 and just partial some.

Attached Image (click to enlarge)
Click to Enlarge Name: gbcad.PNG Size: 30 KB
  • #360,392
  • Jan 24, 2014 2:25am Jan 24, 2014 2:25am
1.74/1.76 would be a place to look for a spot...remind me when we get up there...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmonthly.png Size: 39 KB
Look Sharp/Trade Tight
  • #360,393
  • Jan 24, 2014 2:26am Jan 24, 2014 2:26am
see you tomorrow, Circus.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,394
  • Jan 24, 2014 2:26am Jan 24, 2014 2:26am
Quoting Dano12
{quote} {image}
Congrats if you jumped in before BOC statement
  • #360,395
  • Jan 24, 2014 2:28am Jan 24, 2014 2:28am
Quoting GlobalMacro
{quote} That's right...it's in reference to monday morning quarterbackers in here who can't man up and admit their mistakes....
lol...
You mean COW-ards??

I think that's harsh, we tend to piss off when we are in drawdown/wrong, but there's room yet, FOMC could be interesting.
Come with me if you want to live....
  • #360,396
  • Jan 24, 2014 2:28am Jan 24, 2014 2:28am
Quoting Ken A
I was buying the top for GBP/AUD 1.89641 shouldn't do that next time +500 pips in less than 48 hrs

fastest move ever in forex history, outside of the GFC
  • #360,397
  • Jan 24, 2014 2:29am Jan 24, 2014 2:29am
Quoting PoundTrader
this is just a straight fucking BULL market, like if you jump in you can't go wrong kind of market, it's to good to be true

to say this is technically overbought is an understatement
  • #360,398
  • Jan 24, 2014 2:31am Jan 24, 2014 2:31am
Quoting PoundTrader
this is just a straight fucking BULL market, like if you jump in you can't go wrong kind of market, it's to good to be true
I've got a grand vision for this pair.
If my vision is correct, we need a massive continual upsurge to shift the balance before the real fun begins
Come with me if you want to live....
  • #360,399
  • Jan 24, 2014 2:35am Jan 24, 2014 2:35am
GBP CAD triple top ??
  • #360,400
  • Jan 24, 2014 2:36am Jan 24, 2014 2:36am
Quoting Ill-b-back
{quote} lol... You mean COW-ards?? I think that's harsh, we tend to piss off when we are in drawdown/wrong, but there's room yet, FOMC could be interesting.
I guess it wasn't "harsh" when I was the one feeling the heat buying down @ 1.6349

But I always showed up posting everything including my S/Ls

But I haven't seen those vocal bears for a couple of days now who were criticizing every move bulls made.
Hear the music before the song is over ...
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