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Cable Update (GBPUSD)

  • #374,121
  • Apr 29, 2014 1:55pm Apr 29, 2014 1:55pm
Quoting TauTrader
{quote} I thank you sir. I will clear you out. My art wins. PA ( price action) is a myth. Indicators only 2. regards
k
  • #374,122
  • Apr 29, 2014 1:57pm Apr 29, 2014 1:57pm
Quoting Kanzler
{quote} It's hard to see anything when you have a billion indicators on your chart. No offense intended, just saying you can't talk about missing price action when you're not watching it. Reminds me of abstract art.
I want to get back to your post sir -

I really want to call you an asshole - but I cannot.

Let us measure dicks in December

Regards
  • #374,123
  • Apr 29, 2014 2:09pm Apr 29, 2014 2:09pm
Quoting Kanzler
{quote} k
Looking at your signature. Compounded interest is actually interest on your own funds. Another myth. Break free my friend. Break free..
  • #374,124
  • Apr 29, 2014 2:11pm Apr 29, 2014 2:11pm
Quoting TauTrader
{quote} Looking at your signature. Compounded interest is actually interest on your own funds. Another myth. Break free my friend. Break free..
Only a myth for people suffering from math illiteracy.

Quoting TauTrader
{quote} I want to get back to your post sir - I really want to call you an asshole - but I cannot. Let us measure dicks in December Regards
Oh let's cut the formalities. You pretty much did just call me that - but I don't mind. We shall measure dicks in December...when your account is drained. You want to put on some fake show here about how you can't "see" what other people are seeing, and that's fine - just don't expect polite replies in return. Anyway I have some errands to run, I'll be on to reply later.
  • #374,125
  • Apr 29, 2014 2:20pm Apr 29, 2014 2:20pm
Quoting Kanzler
{quote} Only a myth for people suffering from math illiteracy. {quote} Oh let's cut the formalities. You pretty much did just call me that - but I don't mind. We shall measure dicks in December...when your account is drained. You want to put on some fake show here about how you can't "see" what other people are seeing, and that's fine - just don't expect polite replies in return. Anyway I have some errands to run, I'll be on to reply later.
Cool

Will enjoy

regards
  • #374,126
  • Apr 29, 2014 2:26pm Apr 29, 2014 2:26pm
Well, gonna see 1.70 this month or not??
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #374,127
  • Apr 29, 2014 2:30pm Apr 29, 2014 2:30pm
Quoting Zircon
Well, gonna see 1.70 this month or not??
Just after MH370 is spotted I suspect
  • #374,128
  • Apr 29, 2014 2:34pm Apr 29, 2014 2:34pm
Gidday GBP/US

Clipped the ticket on some longs

Will keep 3 small ones running 1.69+ etc

Did the same EUR/US

Sure it might climb some more

prefer to keep my gains.

There will plenty off chances to load before 1.70
  • #374,129
  • Apr 29, 2014 2:41pm Apr 29, 2014 2:41pm
Quoting JimmyC
{quote} Just after MH370 is spotted I suspect
yes logic.

Trading the monthly candles can be easy , this pair print the same candles, seeing this logic 1.70 could be touched this month.?? after that level we can short selling but maybe not long term....
Attached Image
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #374,130
  • Apr 29, 2014 2:46pm Apr 29, 2014 2:46pm
Quoting JimmyC
{quote} Just after MH370 is spotted I suspect
@JimmyC:

Come on, post a chart, you know you're usual and very objective quality posts, and give Zircon something to think about as he continues to do his own analysis.

HDA OUT
  • #374,131
  • Apr 29, 2014 2:55pm Apr 29, 2014 2:55pm
last one 6825 short sl 5 pips above for 20 pip target x 4 lots HDA jim tau nav gc dell good night and gl ,, elbert out //lol
  • #374,132
  • Apr 29, 2014 2:58pm Apr 29, 2014 2:58pm
OK first of all, I want to thank everyone for allowing me to have a bit of fun in here today. It was a rather boring day all in all so it was nice to laugh a bit.

I normally don't post my views outside my humble little corner (don't want to sway the views of newer traders with my newbie outlooks) but, this was my last Friday night take on GU "long term" which hasn't changed for quite some time now. Everything is the same except price now is roughly 20/30 pips higher than shown on this weekly chart from Friday night. Not meant to change anyone's mind or open any debates. Just my humble view and offering something actually trade realated.

******************

GU - Weekly chart.

I maintain my view this puppy, although ranging, is undeniably, unquestionably BULLISH as hell overall with upside pressure. Aside from busting back through the bottom and top of the 4 year triangle, the 38.2 is clear support and it's rising away. Not only have all my standard ma's not even caught up (even on daily) but, the 800ema (arrow) is now support for the first time since October 2008 and right in line with the 38.2 as well.

While the August 2009 high of 1.7041 (orange line) is clearly a strong SR and may well reject price if reached, I still have to hold that shorts are counter trend as of now and while plenty of chances on lower TF's will exist, should be taken cautiously. I can see a real possibility for this to reach that 1.7041 and possibly even the 50% (1.7321) price loves so much. Coming weeks/months should be interesting at least.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 62 KB
Ghost Rider - WWTBMD?
  • #374,133
  • Apr 29, 2014 3:02pm Apr 29, 2014 3:02pm
Quoting HDA
{quote} @JimmyC: Come on, post a chart, you know you're usual and very objective quality posts, and give Zircon something to think about as he continues to do his own analysis. HDA OUT
No worry he is always a good contributor in this thread.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #374,134
  • Apr 29, 2014 3:14pm Apr 29, 2014 3:14pm
Quoting Zircon
Well, gonna see 1.70 this month or not??
@Zircon:

While we are patiently waiting on JimmyC chart. The question is not a fair question for JimmyC. He cant say YES we will see 1.7000 this month. This month ends tomorrow and then May starts.

The reason so many traders are shouting Bears Bears Bears, Short Short Short, is because on the highs that we are at and they expect the GBP/USD to start retracing. They also look at the fundamentals and the technicals, but what has price action been saying, regardless of fundamental and technicals.

Price Action has been showing us though, that no matter how hard the Bears try to send the GBP/USD down it gets pumped right back up.

All retraces are short lived and support keeps rising and rising.

The first significant support the bears will have to negotiate is between 1.6840/50. After that, the next significant level of support they have to negotiate is 1.6640 and after that 1.6580 then 1.6480.

Can money be made trading the retraces, YES and traders here have been doing so.

I'm still long to 1.7000, and I've been waiting for 6 months now holding my longs, just like all the other Bull traders who have been holding longer that I have and earning their positive swaps just as I am.

The best answer I could give you is "Lets See What Happens"

HDA OUT
  • #374,135
  • Apr 29, 2014 3:15pm Apr 29, 2014 3:15pm
Whoever these fuckers are - thinking to manipulate the currencies as they please to do.

Message for you.

Got you figured out fucknuts..

Come on = take me out. I beg you. Losers.
  • #374,136
  • Apr 29, 2014 3:16pm Apr 29, 2014 3:16pm
Quoting elbert3
last one 6825 short sl 5 pips above for 20 pip target x 4 lots HDA jim tau nav gc dell good night and gl ,, elbert out //lol
@elbert3:

Sleep well

HDA OUT
  • #374,137
  • Apr 29, 2014 3:20pm Apr 29, 2014 3:20pm
Quoting albchr
OK first of all, I want to thank everyone for allowing me to have a bit of fun in here today. It was a rather boring day all in all so it was nice to laugh a bit. I normally don't post my views outside my humble little corner (don't want to sway the views of newer traders with my newbie outlooks) but, this was my last Friday night take on GU "long term" which hasn't changed for quite some time now. Everything is the same except price now is roughly 20/30 pips higher than shown on this weekly chart from Friday night. Not meant to change anyone's...
@albchr:

Very Very very well done

You are spot on

HDA OUT
  • #374,138
  • Apr 29, 2014 3:21pm Apr 29, 2014 3:21pm
Quoting Zircon
{quote} No worry he is always a good contributor in this thread.

Others get bored waiting a big move to decide and enter a trade,
good traders entered shorts , others in doubt, others gone long and hoping 1.70 or more, all are waiting
Market is waiting the right time to move, and do not care who are long or short, it is about intrinsic dynamic..
Charts are plotted and all traders see it.
no worry.
trade safe
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #374,139
  • Apr 29, 2014 3:22pm Apr 29, 2014 3:22pm
Quoting HDA
{quote} @JimmyC: Come on, post a chart, you know you're usual and very objective quality posts, and give Zircon something to think about as he continues to do his own analysis. HDA OUT
http://www.forexfactory.com/showthre...89#post7435789
  • #374,140
  • Apr 29, 2014 3:29pm Apr 29, 2014 3:29pm
Quoting JimmyC
{quote} http://www.forexfactory.com/showthre...89#post7435789
LOL... you fooled me. I thought it was a link to a chart...
Ghost Rider - WWTBMD?
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