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Help Me Establish The GbpUsd After Dinner Club 40 replies

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  • #15,401
  • Jul 14, 2014 4:39am Jul 14, 2014 4:39am
Quoting janpec1000
Shit, we might not see 1360 anymore, it sold off too strong already.
What is the target that you have if you don't mind me asking!

I have a sell from 1343 region but think of unloading half around 1305 and let other half run may be till 1290 or under!
  • #15,402
  • Jul 14, 2014 5:01am Jul 14, 2014 5:01am
Quoting workingforex
{quote} What is the target that you have if you don't mind me asking! I have a sell from 1343 region but think of unloading half around 1305 and let other half run may be till 1290 or under!
Gold I guess?
Fix up, trade sharp ...
  • #15,403
  • Jul 14, 2014 5:06am Jul 14, 2014 5:06am
Quoting Hickson
{quote} Gold I guess?
Oh yes, sorry did not mention, its Gold!
  • #15,404
  • Jul 14, 2014 5:07am Jul 14, 2014 5:07am
Quoting workingforex
{quote} Oh yes, sorry did not mention, its Gold!
Was a bit confusing, E/U would also have made sense ... except the shorts from 1343
Fix up, trade sharp ...
  • #15,405
  • Jul 14, 2014 6:09am Jul 14, 2014 6:09am
Quoting Rockerzeus
{quote} Hi infinitus, do you always fix this calculation with roll? or do you adjust with high/low during day/week/month? Thanks
Hi Rocker,

daily analysis with daily roll, weekly with weekly, monthly with monthly

This is important for the tables I call playing field.

For Murrey Math the rolls are meaningless, because Murrey Math automatically adjust to the high and low (in my case) of the last 32 periods.
  • #15,406
  • Jul 14, 2014 7:39am Jul 14, 2014 7:39am
Quoting workingforex
{quote} What is the target that you have if you don't mind me asking! I have a sell from 1343 region but think of unloading half around 1305 and let other half run may be till 1290 or under!


Nice trade man. 1250 is good target, current support at 1313 will react, but becouse there was vertical drop it doesnt really matter, gold will go lower and 1313 will be broken soon. 1290 is not that important level if drop will be strong on it, but it depends what happens once we go there, 1250 is more likely target where to bounce from. I am hoping to see 1320 or something around that area to try some shorts.
  • #15,407
  • Jul 14, 2014 8:49am Jul 14, 2014 8:49am
Quoting janpec1000
{quote} Nice trade man. 1250 is good target, current support at 1313 will react, but because there was vertical drop it doesn't really matter, gold will go even lower and 1313 will be broken soon. 1290 isn't an important level if drop will be strong on it, but it depends what happens once we go there, 1250 is more likely target where to bounce from. I am hoping to see 1320 or something around that area to try some shorts.
Yes that sounds nice, levels noted!

Have taken some off at 1305, now will wait for lower levels now, look quite bearish at the min, will see how it goes! Once again sound advice!
  • #15,408
  • Jul 14, 2014 9:05am Jul 14, 2014 9:05am
Quoting janpec1000
Messi failed
Actually, I don't think, he failed. That small person made me bite my nails more than once. Yesterday's match was a perfect depiction of Germany's deficiencies... after years, they finally learned to play in triangles, while they skipped "changing sides"... you can't have both, I guess.
Argentina was faster and played way better, we won by a lucky goal by a fresh man. Doesn'tamaze me one bit that Messi was pissed like hell.

The German commentator was funny, though... The first 60 minutes he repeated just any superlative the print-media have written during the past week, while the last 30 minutes he eagerly tried to relativise them again. When the goal was hit, he got excited and said "...well, and who are all the guys having their fair share in this success-story? It's the management of the team that made it possible, especially Oliver Bierhoff, who chose the accomodation facilities." WTF...

To be honest, I bet any German shat their pants, yesterday
  • #15,409
  • Jul 14, 2014 11:08am Jul 14, 2014 11:08am
Ye that was very cruel selloff today, completly expected but sadly i have missed my shorts as 1360 will not be meet now for while.
http://prntscr.com/42lcf7
  • #15,410
  • Jul 14, 2014 3:31pm Jul 14, 2014 3:31pm
thought messi was gave a great performance, yet what he missed was a better team
  • #15,411
  • Jul 15, 2014 4:08am Jul 15, 2014 4:08am
GJ shorts coming in this area, look for lower TFs for entries.
http://prntscr.com/42uhsf

CJ:
http://prntscr.com/42uigs
  • #15,412
  • Jul 15, 2014 4:23am Jul 15, 2014 4:23am
Another fact why James Rickards is insider, while he was so firm on SDRs being next worlds reserve currency, here is now nailed down that Bricks will use yuan as reserve.
http://www.zerohedge.com/news/2014-0...nch-brics-bank

So the real story is that we will have two worlds reserve currencies soon.
  • #15,413
  • Jul 15, 2014 6:51am Jul 15, 2014 6:51am
Quoting janpec1000
Another fact why James Rickards is insider, while he was so firm on SDRs being next worlds reserve currency, here is now nailed down that Bricks will use yuan as reserve. http://www.zerohedge.com/news/2014-0...nch-brics-bank So the real story is that we will have two worlds reserve currencies soon.
real economical data?
Where do people really know how many yuans will be printed year by year.
It's the same sh*t with europe, USA & additively their enormous book money...
An equivalent value doesn't exist anymore.
FXcube
  • #15,414
  • Jul 15, 2014 10:16am Jul 15, 2014 10:16am
Quoting Forexcube
{quote} real economical data? Where do people really know how many yuans will be printed year by year. It's the same sh*t with europe, USA & additively their enormous book money... An equivalent value doesn't exist anymore. FXcube
The missing link is that i should point out that my asumption is based on that China will back yuan with gold. Anyone who thinks gold holdings on Chinese central bank are there for hedge of T bills is mistaken in my opinion. I do not believe that BRICKS would simply be jumping yuan vagon just becouse its counter dollar reserve, there is bigger picture cooking behind.
  • #15,415
  • Edited 1:19pm Jul 15, 2014 1:08pm | Edited 1:19pm
Quoting janpec1000
{quote} The missing link is that i should point out that my asumption is based on that China will back yuan with gold. Anyone who thinks gold holdings on Chinese central bank are there for hedge of T bills is mistaken in my opinion. I do not believe that BRICKS would simply be jumping yuan vagon just becouse its counter dollar reserve, there is bigger picture cooking behind.
Oh yes, I hear you right, but when chinese money print machines are going and producing paper money to "nirwana" (so also the european & the american) where can you say you could have any equivalent value? What you have to do is only switching on the print machine & are shopping gold till one drops.

To use clever tactics - gold protection
If so it could only be a clever (or not so clever) publicity gimmick.
FXcube

Most subject is the fattest Soyle to Weeds.
(Am meisten Unkraut trägt der fetteste Boden).
Heinrich IV - Teil 2, 4. Akt, 8. Szene / Heinrich, William Shakespeare
  • #15,416
  • Jul 15, 2014 11:14pm Jul 15, 2014 11:14pm
Good morning friends,

sorry for not being around much. I am preparing my next weeks full of mountaineering. So I am occupied with preparations and training
  • #15,417
  • Jul 15, 2014 11:18pm Jul 15, 2014 11:18pm
EU

Murrey Math levels and direction


I expect a further drop towards 3550 area. The following corrective upside should be contained below of the 3611 level.

After that, near term target toward the 3488 level on the downside
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  • #15,418
  • Jul 15, 2014 11:24pm Jul 15, 2014 11:24pm
EU

playing field and VPOC's
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  • #15,419
  • Jul 15, 2014 11:26pm Jul 15, 2014 11:26pm
EU

volume distributions

shorter TF distributions show tail-risk at the lower side. So we should see more ranging soon
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  • #15,420
  • Jul 15, 2014 11:41pm Jul 15, 2014 11:41pm
Gold EW by Lara

http://www.safehaven.com/article/345...nt+Articles%29
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