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Cable Update (GBPUSD)

  • #389,621
  • Jul 29, 2014 7:13am Jul 29, 2014 7:13am
for d1 we should look for confirmation of a high proberbility pattern ,


Quoting SpotPip
Uptrend still intact - adding fresh longs at 1.6950/55 zone.. Daily chart is Over-Sold now. Price is still above major uptrend-line
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,622
  • Jul 29, 2014 7:14am Jul 29, 2014 7:14am
Quoting Bones
6700 is a better target ,lets see how day close ,but bear in mind it just bounced off 1.7 these last few days consolidation , {quote}
oh well guess we can see who is in the minority here then
  • #389,623
  • Jul 29, 2014 7:16am Jul 29, 2014 7:16am
Quoting nAVIN2007
{quote}
ah u see he who laughs last laughes the loudest
or is it he who laughs loudest laughs the longest
.. well look anyways a picture can paint a thousand words u know .. just like this one ..

  • #389,624
  • Jul 29, 2014 7:17am Jul 29, 2014 7:17am
Quoting Bones
for d1 we should look for confirmation of a high proberbility pattern , {quote} {image}
  • #389,625
  • Jul 29, 2014 7:21am Jul 29, 2014 7:21am
Quoting DerekTrotter
{quote} ah u see he who laughs last laughes the loudest or is it he who laughs loudest laughs the longest .. well look anyways a picture can paint a thousand words u know .. just like this one ..

I wish u luck bro..honestly
as for myself i have no doubt i will make my target and i aint looking at 1.67

lets get lucky

dont F&^^k with bones
  • #389,626
  • Jul 29, 2014 7:23am Jul 29, 2014 7:23am
Quoting Hickson
{quote} Never mind ... Napoleon was short too. Try to make the best out of it.


HDA OUT
  • #389,627
  • Jul 29, 2014 7:24am Jul 29, 2014 7:24am
Quoting nAVIN2007
{quote} I wish u luck bro..honestly as for myself i have no doubt i will make my target and i aint looking at 1.67 lets get lucky dont F&^^k with bones
Nice one Nav and btw Hotlegs is cool think he kinda likes it
after all he is a pro u know ..
for sure
  • #389,628
  • Jul 29, 2014 7:25am Jul 29, 2014 7:25am
Quoting nAVIN2007
{quote} I wish u luck bro..honestly as for myself i have no doubt i will make my target and i aint looking at 1.67 lets get lucky dont F&^^k with bones
LOL ...
Ghost Rider - WWTBMD?
  • #389,629
  • Jul 29, 2014 7:26am Jul 29, 2014 7:26am
Quoting HDA
{quote} HDA OUT
hey dont get me wrong here - but if u ever saw the size of napoleans bed then i tell u it puts the word dimension into perspective .. short story Elba Island off italy he was imprisoned there then escaped but they managed to keep his bed lol .. think COT and u aint far off .. but then who said size is not everything ?
  • #389,630
  • Jul 29, 2014 7:27am Jul 29, 2014 7:27am
now you can see how accuarate my red line is


Quoting Bones
I would refer to $ again that last week was a bullish break ,and its unlikly to me that this week is then bearish without higher on a purley candle view I recognise as bullish enough for same again and that now I assume consolidation , I would also say out we sit just under 1.7 now cable {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,631
  • Jul 29, 2014 7:27am Jul 29, 2014 7:27am
Quoting albchr
{quote} LOL ...
  • #389,632
  • Jul 29, 2014 7:29am Jul 29, 2014 7:29am
While looking across the board, not being into a single trade now, I really think: USD is rigged ^^ The dead presidents are bought as if everyone wanted to go to the Cash Game in Las Vegas tomorrow ... and I do not like trading, if the dollar is pumped. Market is unpredictable for me during these times.
Fix up, trade sharp ...
  • #389,633
  • Jul 29, 2014 7:30am Jul 29, 2014 7:30am
Quoting DerekTrotter
{quote} ah u see he who laughs last laughes the loudest or is it he who laughs loudest laughs the longest .. well look anyways a picture can paint a thousand words u know .. just like this one ..
didn't get the joke......
  • #389,634
  • Jul 29, 2014 7:32am Jul 29, 2014 7:32am
Quoting cspip
{quote} He didn't get the joke......
ah but u did hey CSP IP nice one - so u joining me around the camp fire later drink some vodka sing a few old polish folk songs - or did u catch the sell like 99.9 percent did today .. kinda sensing i will be sitting on my jacks around the camp fire but hey such is life
Glad u got the Joke comrade
nice one
  • #389,635
  • Jul 29, 2014 7:34am Jul 29, 2014 7:34am
Took one more scalp on the GU. Two on the EU short. Would like to see a pullback sell on the EU as it just broke support
  • #389,636
  • Jul 29, 2014 7:34am Jul 29, 2014 7:34am
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  • #389,637
  • Jul 29, 2014 7:35am Jul 29, 2014 7:35am
Quoting DerekTrotter
{quote} ah but u did hey CSP IP nice one - so u joining me around the camp fire later drink some vodka sing a few old polish folk songs - or did u catch the sell like 99.9 percent did today .. kinda sensing i will be sitting on my jacks around the camp fire but hey such is life Glad u got the Joke comrade nice one
...................................

nah i dont drink.............i like the liver i was born with.............i'll have some Ribena though.......... .....or 'pop'
  • #389,638
  • Jul 29, 2014 7:35am Jul 29, 2014 7:35am
Quoting Hickson
While looking across the board, not being into a single trade now, I really think: USD is rigged ^^ The dead presidents are bought as if everyone wanted to go to the Cash Game in Las Vegas tomorrow ... and I do not like trading, if the dollar is pumped. Market is unpredictable for me during these times.

what drives the market is greed
the big nuts love money..so u kinda have to reverse think everything

bottom line if u think like the majority u cannot keep money in this..u have to think like yur the shark trying to get the bait and keep this mentality..the game is completely rigged if u ask me
many times when think something the complete opposite happens simply because of orders are known and the majority have to lose
  • #389,639
  • Jul 29, 2014 7:37am Jul 29, 2014 7:37am
woke up to a nice 40+ pip gain short hit at 1.6989 last night TP set at +20 pips letting rest ride.
  • #389,640
  • Jul 29, 2014 7:39am Jul 29, 2014 7:39am
Quoting iaveight
{quote} month is up, need i really say more???? its not a yearly chart, for the last 13 months the monthly has been trending higher , there for its up based on a trend line which even broke the consolidation high.... anyone who says the monthly chart is down and bearish needs a shake lol ( in a good way of course) monthly demand in control if you had taken a trade 12 months ago short would you be in profit, NO, if you took a trade short 6 months ago would you be in profit NO, if you took a trade short 3 months ago would you be in profit NO............

Depends how you look at it .....Monthly chart over all is Down but from the mid 2013 to last months candle close was up . This could be a potential reversal for a retrace down based on that rally.
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