{quote} Male. Do you know guys where my country is located? I mean do you know such country exists.
Ghost Rider - WWTBMD?
Cable Update (GBPUSD)
- #380,901
- Jun 7, 2014 7:28am Jun 7, 2014 7:28am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Moldova? Between the Ukraine and Romania I think? Small but nice I hear.
. The exchange rate is awfull 1eur -18.8 mdl. People abroad send money to their relatives and such a way the country exists.
No emotions, just trade
If you guys would have gathered sometime all together i could have sent a couple of wine boxes just to know we have good wine, not worse then french or italian and even better 
. if you will see in the market sometimes a bottle just try it. By the way russians have almost totally refused our wines, with minor exceptions, since the economical issues are always related to political ones. We want in EU they wanted us in Euroasiatic union, so here is what we hame as a result to out choose . i am not blaming them for that. i respect russians for their external policy and even for what they did in crimea inclusively. They are always consecutive in their steps and this brings results sooner or later (it suits to Forex also by the way). If you had the access to the information i have (it is not secret or smth) you would have said the same. So drink Moldavian wines and have fun!!!!
. if you will see in the market sometimes a bottle just try it. By the way russians have almost totally refused our wines, with minor exceptions, since the economical issues are always related to political ones. We want in EU they wanted us in Euroasiatic union, so here is what we hame as a result to out choose . i am not blaming them for that. i respect russians for their external policy and even for what they did in crimea inclusively. They are always consecutive in their steps and this brings results sooner or later (it suits to Forex also by the way). If you had the access to the information i have (it is not secret or smth) you would have said the same. So drink Moldavian wines and have fun!!!! No emotions, just trade
{quote} Male. Do you know guys where my country is located? I mean do you know such country exists
{quote} For Sure - Moldova is one of the best kept secrets in the region, the people are so warm and friendly, the food is just amazing think fresh organic, the countryside is wonderfull and best of all the wine is just amazing and the girls .. wow so friendly and warm and i tell u Moldova is paradise and i hope after they get into europe that it stays that way.. beautiufll
No emotions, just trade
- #380,908
- Jun 7, 2014 10:47am Jun 7, 2014 10:47am
- Joined May 2014 | Status: From1toMillion | 9,484 Posts
{quote} You mention all this and thats cool but then Thursday ur thought of the day was the 100 pip up was because there was a sell off on NFP coming and u knew this as u have seen this pattern many times .. ur words btw.. just crossing the I's and dotting the T's .. Del B
I'm a day trader most of time, I'm better at predicting the next day or two. I think if it wasn't friday and the volume was bigger, we would break 6780 and go to 6750, that was my TP of the day, not more than that. I never said this is the turning point and we keep going down from here, I can see both versions happening, 1.65 or 1.70 and I rather be prepared for both. For next week all I see it down to 6750-6760, then up to 6780, after that I have no idea, the market will tell. What made me bullish, as per my last post, is euro. Euro weekly is very bullish and will probably take gbp higher with itself.
Everyone can see the chart, but only a few can actually read it.
- #380,909
- Jun 7, 2014 10:51am Jun 7, 2014 10:51am
- Joined May 2014 | Status: From1toMillion | 9,484 Posts
Everyone can see the chart, but only a few can actually read it.
- #380,911
- Jun 7, 2014 2:53pm Jun 7, 2014 2:53pm
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Priced in or not, the rate cut last week for the Euro zone certainly caused some tears for those trapped by the whiplash.
I still remain of the opinion that 0.50% with Sterling will attract money more than the even more measly 0.10% given out by the ECB.
Cable daily: Awful doji, but, above the ascending Guppy profile, and looking very likely to do what it has done numerous times before, and that is, dip below the ascending Guppy profile, lock in the shorters, and then head back north.
Cable weekly: Not much to say other than it appears to be doing its normal thing, and wants to continue north.
FXCM Dollar daily: Again, an awful doji, and right in the middle of the Guppy profile.
FXCM Dollar weekly: Interestingly, the weekly appears to be down, with last week’s candle performing an almost classic retrace back up the inverting red MAs of the Guppy profile. In summary, I think the FXCM Dollar is heading down.
EU daily: Yuck, and maybe due some more upside to kiss the descending Guppy profile.
EU weekly: That spike last week has thrown a spanner in the works, that’s for sure… with indecision perhaps prevalent for those that wonder if price will break back down and fall under the ascending Guppy profile.
EG daily: I think it is poised for a continuation south, and with correlation in mind, will be helped by any move north by Cable.
EG weekly: Hmm, I would like to call down, but that last candle sure looks like a pin that could surprise… particularly if the ECB play tricks with funny money following last week’s announcement.
I still remain of the opinion that 0.50% with Sterling will attract money more than the even more measly 0.10% given out by the ECB.
Cable daily: Awful doji, but, above the ascending Guppy profile, and looking very likely to do what it has done numerous times before, and that is, dip below the ascending Guppy profile, lock in the shorters, and then head back north.
Cable weekly: Not much to say other than it appears to be doing its normal thing, and wants to continue north.
FXCM Dollar daily: Again, an awful doji, and right in the middle of the Guppy profile.
FXCM Dollar weekly: Interestingly, the weekly appears to be down, with last week’s candle performing an almost classic retrace back up the inverting red MAs of the Guppy profile. In summary, I think the FXCM Dollar is heading down.
EU daily: Yuck, and maybe due some more upside to kiss the descending Guppy profile.
EU weekly: That spike last week has thrown a spanner in the works, that’s for sure… with indecision perhaps prevalent for those that wonder if price will break back down and fall under the ascending Guppy profile.
EG daily: I think it is poised for a continuation south, and with correlation in mind, will be helped by any move north by Cable.
EG weekly: Hmm, I would like to call down, but that last candle sure looks like a pin that could surprise… particularly if the ECB play tricks with funny money following last week’s announcement.
Author of: For Pip's Sake! (Available at Amazon... :-) )
- #380,912
- Jun 7, 2014 3:57pm Jun 7, 2014 3:57pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #380,913
- Jun 7, 2014 4:53pm Jun 7, 2014 4:53pm
- | Joined Feb 2013 | Status: Trader | 1,365 Posts
{quote} I am trying to benefit from all regions : eu, russia, moldova. Flexibility is the key to success!
hum... I think this is 2 way process. what makes you think what you get will be more than what you have to give as member of EU?
don't you think germans have same equation in mind and trying to optimise what they get is more than what hey give ? sure they try to make it look as if they are some kind of spiritual leaders and not concerned about $$$, but are they really ?
- #380,915
- Jun 8, 2014 12:25am Jun 8, 2014 12:25am
- Joined Aug 2009 | Status: Technical fundamentalist | 2,202 Posts
Author of: For Pip's Sake! (Available at Amazon... :-) )
- #380,916
- Jun 8, 2014 4:05am Jun 8, 2014 4:05am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} I'm exactly the opposite and think it will go up 1000 pips lol!!! Just hit a quarterly level and look at the pin bar on weekly, daily, even though stoch cycles on all timeframes point south..price action prevails and with a pin like that expect 200 pips up this week just my opinion
In the end on a yearly view based on a Q chart? I can agree with a northern view soon but not this week. And yes, those weekly and daily pins are quite impressive "looking" aren't they? (although my last daily here shows weakness) But for me, location location location. Given this location on weekly?
first in my humble book. This also fits with my view of a bit more up on GU and a bit more down on EU. BB and RSI on EG agree on both weekly and daily. On the daily view I have, that's a tough resistance being tested, rejected and holding atm. And I agree with you on price action too (my sig?). Just look at it on 4H and 1H. 
But isn't the great thing about this business? You buy, I sell and that's what makes our zero sum game go round.
Best wishes this week to you and all.
Ghost Rider - WWTBMD?
{quote} Good morning Russ.
morning, afternoon, Chris....
I will email you my charts, ping me private email your email. Yes and I agree I was looking re quarterly chart and 80.60 was bottom for me... I too agree Cable will go up to 8025 which will ping EUR GBP down to 80.90 area... but anyway let me ping you some charts.
I am debating where I can make the most money this week and I think I can make an astronomical amount on Euro where as cable I have to take more risk in more trades etc in the intraday which I don't want to do.. but I have Euro 1.3670 going down Monday too 1.3586... then ending the week at 1.3808. It will drift then back Friday, Sunday evening and Monday too 1.67.40 then will ping up too !.3837 then it will immediately collapse, first testing 1.38 and getting rejected and finishing the day at 1.3660.. massive drop... the week (That is next week) will attempt to make a new swing low, below 1.35
{quote} Good morning Russ.
Just checked Weekly chart, can see where your thinking off.. my weekly shows area being 7970 but quarterly shows 8065 area it came off creating inverted H & S on Quarterly.. people waiting for the lower entry may have missed.
But I certainly agree EUR USD is coming off 80 pips from Friday's close before it goes higher and Cables got more up and downs intraday so its quite possible but for me I think people are going to try 8094/81 too take it higher... sometimes people miss waiting the perfect entry... and after all higher timeframe takes precedence over the lower time frame.. but it could happen, not disputing it, Good luck
- #380,919
- Jun 8, 2014 6:37am Jun 8, 2014 6:37am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Just checked Weekly chart, can see where your thinking off.. my weekly shows area being 7970 but quarterly shows 8065 area it came off creating inverted H & S on Quarterly.. people waiting for the lower entry may have missed. But I certainly agree EUR USD is coming off 80 pips from Friday's close before it goes higher and Cables got more up and downs intraday so its quite possible but for me I think people are going to try 8094/81 too take it higher... sometimes people miss waiting the perfect entry... and after all higher timeframe takes...
But I don't trade EG. Never have, likely never will. I only opened a chart on it because some were calling GU bearish and EU bullish this week. So as a "joke", I said if that's the case, I guess I should open a chart and bet the farm long on EG huh? Funny thing is, that joke actually wound up confirming my views on both GU and EU. GU up a bit more, EU down a bit more. While I'll always keep the "overall" big trends in mind, as a day trader I seldom look beyond a couple days to a week maximum.
What these pairs will do 2 weeks, a month or year from now is not only completely irrelevant to me, but in my humble opinion, ludicrous to even try and guess at. Lets see what happens this week.
Ghost Rider - WWTBMD?
{quote} Thanks for checking my thinking buddy.
So whats your short term view on Cable then??? my pm to Elbert was exactly correct Friday on NFP... put a few scenarios up but he one I called in the morning was correct and it suggested where Friday left off it would continue too 1.6872...
However, now I think 1.6787 will take it up too 1.6823 were it will be shorted too 1.6740..... I see it there go back too 1.68 and when its shorted too 1.6730 I have a problem with it.. if it breaks gets too 1.6724 the target or finishes the day at 1.6707 2nd target I have no problem with it then going to 1.6587... seen another site or forum her and they think down as well on Cable outlook.. but a lot of professionals are believing its still going up I notice on their analysis etc some based on the fundamentals as well.
Either way, think Euro is easier tradable for more cash... Cables profitable but euro much easier this week, my opinion, can grab easy 400 pips - 500 ips with not many trades roughly 5 trades