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Cable Update (GBPUSD)

  • #366,841
  • Mar 3, 2014 3:11pm Mar 3, 2014 3:11pm
Quoting PoundTrader
{quote}need to talk to you asap
PM sent PT
Come with me if you want to live....
  • #366,842
  • Mar 3, 2014 3:22pm Mar 3, 2014 3:22pm
GU and EU still look weak to me. But it's been a never ending circle game of up and down chop. Not fun to trade and most the time end up kicking yourself for not taking profits. Keep trying to "catch the top" or "go for the big move"


Sooner or later there's gonna be a 500-1000 pip downside move in both of them , question is when, and how high will they go before it happens. It's a little surprising how well they've held up with all this risk off action going on lately. You'd think more $$$$ would be pouring into the USD.
  • #366,843
  • Mar 3, 2014 3:24pm Mar 3, 2014 3:24pm
Armed men seize Ukrainian border checkpoint

http://www.forexfactory.com/news.php...55#post7316408

This is from a country that says it won't launch assault on Ukraine. LOL So does this mean GU is going to start to go up now? Because Russia is getting involved and "keeping peace" there now? LOL
Make your losses in demo. Earn your profits live.
  • #366,844
  • Mar 3, 2014 3:24pm Mar 3, 2014 3:24pm
Quoting Ck87
GU and EU still look weak to me. But it's been a never ending circle game of up and down chop. Not fun to trade and most the time end up kicking yourself for not taking profits. Keep trying to "catch the top" or "go for the big move" Sooner or later there's gonna be a 500-1000 pip downside move in both of them , question is when, and how high will they go before it happens. It's a little surprising how well they've held up with all this risk off action going on lately. You'd think more $$$$ would be pouring into the USD.
I wish I can be more like you. For me, I took profit too early and lost about 50 pips today from the GB slide.
Make your losses in demo. Earn your profits live.
  • #366,845
  • Mar 3, 2014 3:33pm Mar 3, 2014 3:33pm
No one wants to buy here on resistance, so another sell off tomorrow on London?
kiss the trend
  • #366,846
  • Mar 3, 2014 4:33pm Mar 3, 2014 4:33pm
Quoting Forexia
{quote} I wish I can be more like you. For me, I took profit too early and lost about 50 pips today from the GB slide.
Don't wish that upon yourself, I'm a huge loser. But like someone on here told me, if you're going for 500+ pip moves you should only look at the Daily chart. Otherwise the subconscious mind will get in the way with greed and try to catch every turn of the move.
  • #366,847
  • Mar 3, 2014 5:02pm Mar 3, 2014 5:02pm
Quoting palabara
{quote} Its not clinging, its a view, and yes I still am looking towards the southern horizon. {image}
southern horizon looking good atm haha
  • #366,848
  • Mar 3, 2014 5:13pm Mar 3, 2014 5:13pm
Quoting cheater
{quote} southern horizon looking good atm haha
Yes yes it does, this is why flip flopping to fast does not pay, but take time to do a U turn.
There are those who know, and there are those who don't know.
  • #366,849
  • Mar 3, 2014 5:14pm Mar 3, 2014 5:14pm
Hey guys, Havent been posting in a while.
since i pissed off lots of readers so i decided to clean my act up and just go away for a while.

But guys, over the recent weeks what has happened to the EURO with the situation in Ukraine, i cant help but to wonder whats going on and look at some Longer Time Frames of the EURUSD, and this is really scary how convenient the EURUSD is meeting a Downtrend since 2008 for resistance and a news a big as "War in Ukraine" might be a trigger for EURUSD correction back down to the 1.34 area and even lower....
The fact we have tested that downtrend twice shows there real resistance on this downtrend. might be difficult to break above unless the whole situation in Ukraine gets resolved...

The timing is impeccable...

Attached Image (click to enlarge)
Click to Enlarge Name: 20140303.2300.gmt.eurusd.weekly.png Size: 104 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #366,850
  • Mar 3, 2014 5:19pm Mar 3, 2014 5:19pm
Quoting fxtyrant
Hey guys, Havent been posting in a while. since i pissed off lots of readers so i decided to clean my act up and just go away for a while. But guys, over the recent weeks what has happened to the EURO with the situation in Ukraine, i cant help but to wonder whats going on and look at some Longer Time Frames of the EURUSD, and this is really scary how convenient the EURUSD is meeting a Downtrend since 2008 for resistance and a news a big as "War in Ukraine" might be a trigger for EURUSD correction back down to the 1.34 area and even lower.... The...
Wonder what you did to piss them off lol.

I agree with that! Welcome back..
There are those who know, and there are those who don't know.
  • #366,851
  • Mar 3, 2014 5:25pm Mar 3, 2014 5:25pm
Quoting palabara
{quote} Wonder what you did to piss them off lol. I agree with that! Welcome back..
Well i was a downright "know it all" prick, besides im only 21 so some traders here get offended when a hot headed, over confident ego manic kid like me comes along to start dissing their analysis.

Well i decided to just step back since i have other priorities, like my studies....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #366,852
  • Mar 3, 2014 5:35pm Mar 3, 2014 5:35pm
Quoting fxtyrant
{quote} Well i was a downright "know it all" prick, besides im only 21 so some traders here get offended when a hot headed, over confident ego manic kid like me comes along to start dissing their analysis. Well i decided to just step back since i have other priorities, like my studies....
Lol well it looks like you were able to come out with that, and its a big step. To admit that you were ego manic know it all. Its also a big step to be like, I need to cool off, and get my head straight. So Kudos on both.

Nothing wrong with being young, I started Forex when I was 15. I'm 28 now, like to think still kinda young. Everyone subject to their opinion, and view wouldn't be interesting if we all thought the same way. Then there would be no one to blame.

Welcome back, I'm looking forward to seeing your opinion and analysis.
There are those who know, and there are those who don't know.
  • #366,853
  • Mar 3, 2014 5:39pm Mar 3, 2014 5:39pm
Quoting fxtyrant
Hey guys, Havent been posting in a while. since i pissed off lots of readers so i decided to clean my act up and just go away for a while. But guys, over the recent weeks what has happened to the EURO with the situation in Ukraine, i cant help but to wonder whats going on and look at some Longer Time Frames of the EURUSD, and this is really scary how convenient the EURUSD is meeting a Downtrend since 2008 for resistance and a news a big as "War in Ukraine" might be a trigger for EURUSD correction back down to the 1.34 area and even lower.... The...

Don't forget... This thread still Cable Update (GBPUSD) http://s19.rimg.info/77f1ce29b8018b9...3d9f95eb78.gif
Always looking the GREAT, never left GOOD Point...
  • #366,854
  • Mar 3, 2014 6:07pm Mar 3, 2014 6:07pm
look like "Big fish - small fish" pattern
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 64 KB
  • #366,855
  • Mar 3, 2014 7:05pm Mar 3, 2014 7:05pm
Quoting Zappa
This pair going to be boring for a couple weeks, I think. I'll be in other pairs. Probably going to be in an upward moving range, building steam. This is what I expect (see chart). If I'm right, it will make a few moves to get more people to think its topping, then explode out of this long-term range. {image}
I told you this pair would suck for a couple weeks.
  • #366,856
  • Mar 3, 2014 7:48pm Mar 3, 2014 7:48pm
This is the 1st Asian session in how long we had bearish WITH movement! yay
There are those who know, and there are those who don't know.
  • #366,857
  • Mar 3, 2014 8:32pm Mar 3, 2014 8:32pm
CNN: "U.S. suspends upcoming bilateral trade and investment engagement with Russia"

expect a fucked up market this week! short chances are much better than long
  • #366,858
  • Mar 3, 2014 9:45pm Mar 3, 2014 9:45pm


she was flying without wings
Quoting iqyu5an
https://www.youtube.com/watch?v=fZOW...e_gdata_player
Attached Image (click to enlarge)
Click to Enlarge Name: march01gbpusddaily.png Size: 58 KB
not euphoria follower
  • #366,859
  • Mar 3, 2014 9:53pm Mar 3, 2014 9:53pm
Quoting Tsar
{quote} Don't forget... This thread still Cable Update (GBPUSD) {image}
agree with Tsar. let us limit our posts to what this is about. i'm tired of reading posts about this pair and that pair. open the forum for that and post it there.
  • #366,860
  • Mar 3, 2014 10:12pm Mar 3, 2014 10:12pm
Quoting Davit
{quote} Beautiful Jimmy Once applied AForks area you circled is middle fork which is strong support once broken lower fork is target. According to Andrews theory it has 80% chance of hitting lower median line if middle line is violated. Regards {image}
Are those sell stops or open short trades?
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