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Oktoberfest Nightclub

  • #4,361
  • Apr 21, 2014 10:51pm Apr 21, 2014 10:51pm
Quoting Schickeria
{quote} UK PRESS: The FT says UK companies are having mixed thoughts on the strength of sterling and how it may impact on their business. The paper says many, including retailer Burberrys, have issued warnings that the higher exchange rate will impact profits this fiscal year. However, the paper also noted how some, mainly domestic-based operations, see the strength of the pound capping inflation and helping consumer spending
My plan is once I reach my TP on GU to leave it alone and focus shorting EU
EU is lot weaker currency and cheaper on swap.
Regards

GU still in daily pivot zone
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In trading, you have to be defensive and aggressive at the same time
  • #4,362
  • Apr 21, 2014 10:55pm Apr 21, 2014 10:55pm
Quoting Ken A
{quote} Morning Schic, I won't go that far to 1.70 although technical is pointing in that direction. First target for me is still lower mofu 1.6879x 2009 old supplies.
I'm watching week to week and no longer for my trading. may be you right with your level. for this week i expect a drop of GBPUSD.

my system shows me good reasons to drop to 1.6651.

Month May was most time bearish on GBPUSD. 1.6651 is the mirror for 1.69666
  • #4,363
  • Apr 21, 2014 10:59pm Apr 21, 2014 10:59pm
Quoting Schickeria
Gold long @ 1287.170 tp1 = 1305 tp2 = 1318 tp3 = 1346
for this week GOLD is my favourite and has the best setup for me.

and i want to invest my money in GOLD.
  • #4,364
  • Apr 21, 2014 11:06pm Apr 21, 2014 11:06pm
Quoting Davit
{quote} My plan is once I reach my TP on GU to leave it alone and focus shorting EU EU is lot weaker currency and cheaper on swap. Regards GU still in daily pivot zone {image}
morning davit,

what do you have on GBPUSD as TP Level ?

thanx
  • #4,365
  • Apr 21, 2014 11:10pm Apr 21, 2014 11:10pm
Quoting Schickeria
{quote} UK PRESS: The FT says UK companies are having mixed thoughts on the strength of sterling and how it may impact on their business. The paper says many, including retailer Burberrys, have issued warnings that the higher exchange rate will impact profits this fiscal year. However, the paper also noted how some, mainly domestic-based operations, see the strength of the pound capping inflation and helping consumer spending

Hi Schickeria, I hope you don't mind if I participate with your thread.

I think a bit hard for Pound to go higher (though its possible) with these heavy supply on each top (red-line)..

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  • #4,366
  • Apr 21, 2014 11:19pm Apr 21, 2014 11:19pm
Quoting Schickeria
{quote} morning davit, what do you have on GBPUSD as TP Level ? thanx
1.6980 this week
  • #4,367
  • Apr 21, 2014 11:20pm Apr 21, 2014 11:20pm
Quoting Mad Russian
{quote} 1.6980 this week
never ever
  • #4,368
  • Apr 21, 2014 11:21pm Apr 21, 2014 11:21pm
Quoting Schickeria
{quote} never ever
  • #4,369
  • Apr 21, 2014 11:28pm Apr 21, 2014 11:28pm
Quoting Mad Russian
{quote} 1.6980 this week
if wee reach 1.6980 this week i will stop my trading forever and go to work as a farmer!
  • #4,370
  • Apr 21, 2014 11:31pm Apr 21, 2014 11:31pm
Quoting Schickeria
{quote} if wee reach 1.6980 this week i will stop my trading forever and go to work as a farmer!
let me correct somewhere between 1.6980-1.7000
  • #4,371
  • Edited 11:46pm Apr 21, 2014 11:34pm | Edited 11:46pm
Quoting Schickeria
{quote} morning davit, what do you have on GBPUSD as TP Level ? thanx
Good morning to you as well

GU as you know it already can dive rather quickly and good distance.I have 2 accounts. 1 for Longer TP and another for shorter TP short 67 long 66
I must admit that GU is not my favorite pair.Partly is that market thinks very highly of it.Carney can say one word and sent this flying high as he did last 6months.
My goal is stop trading it and only get in when it hits upper ceilings
I find EU as nice pink porky that needs trimming.To me I can see 1.35 in next 3months on EU.Fundamentally Euro is on shaky grounds.
In trading, you have to be defensive and aggressive at the same time
  • #4,372
  • Apr 21, 2014 11:35pm Apr 21, 2014 11:35pm
Quoting Mad Russian
{quote} let me correct somewhere between 1.6980-1.7000
may be but first down to

67517
67101
66428 in extension if we can count 1-2
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  • #4,373
  • Apr 21, 2014 11:40pm Apr 21, 2014 11:40pm
Quoting Schickeria
{quote} may be but first down to 67517 67101 66428 in extension if we can count 1-2 {image}
GBPUSD 5 min chart

lets see this move possible now to 6802-10 area
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  • #4,374
  • Apr 21, 2014 11:52pm Apr 21, 2014 11:52pm
Quoting Mad Russian
{quote} let me correct somewhere between 1.6980-1.7000
have you long orders atm ????

if not what is your Long entry for 1.6980
  • #4,375
  • Apr 22, 2014 12:02am Apr 22, 2014 12:02am
Quoting Schickeria
{quote} have you long orders atm ???? if not what is your Long entry for 1.6980
no i dont have open orders

we may go lower not below 1.6655, would wait for break out higher or wait for lower price to join with uptrend ,1.6730-1.6700 would be nice to long, just my personal 2 cents
  • #4,376
  • Apr 22, 2014 12:02am Apr 22, 2014 12:02am
Quoting Mad Russian
{quote} let me correct somewhere between 1.6980-1.7000
what is your reason for 1.6980-1.7000 ?????
  • #4,377
  • Apr 22, 2014 12:22am Apr 22, 2014 12:22am
Quoting Schickeria
{quote} what is your reason for 1.6980-1.7000 ?????
just basic stuff , its just my opinion dont yell at me
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FF live orders not a indicator same as fxcm open orders , more sell orders more meat to go up , ripping buttholes
  • #4,378
  • Apr 22, 2014 12:23am Apr 22, 2014 12:23am
Quoting Mad Russian
{quote} just basic stuff , its just my opinion dont yell at me {image}{image}{image} FF live orders not a indicator same as fxcm open orders , more sell orders more meat to go up , ripping buttholes
im keeping right to be wrong
  • #4,379
  • Apr 22, 2014 12:34am Apr 22, 2014 12:34am
Quoting Mad Russian
{quote} im keeping right to be wrong
Can't do no one said I reserve the wrongs
  • #4,380
  • Apr 22, 2014 12:35am Apr 22, 2014 12:35am
Quoting Ken A
{quote} Can't do no one said I reserve the wrongs
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