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View Poll Results: What impact will the Bank of England Rate Decision have on the GBP/USD?

Voters
14. This poll is closed
  • Send GBP/USD Higher!

    8 57.14%
  • Send GBP/USD Lower!

    4 28.57%
  • The rate decision will not have a significant impact.

    2 14.29%
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Thread: Discuss the GBP/USD with a DailyFX Analyst

  1. #8146
    swifty is offline Member
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    Quote Originally Posted by Thomas Long View Post
    I am going to delete some of the recent posts as they are not even close to the normal spirit of this thread. I am also very close to asking somebody to leave but choose to remain patient. As a DailyFX Power Course instructor, one thing that always amazes me is when people, who don't normally speak English, come here to us to learn how to trade.....in English. We respect you guys and do our best to help. You are more than welcome here, you make our day. This has always been one of my favorite threads in this forum. I'd like to ask all of you to get back on track and share your thoughts about the GBP/USD. We are here to trade and learn. Thank you.
    Thomas,

    Censorship is not needed right now--especially when the talk of nationalization and socialism are dominating fundamentals which directly influence the Fx market.

    You can ask, request, or merely recommend that I leave anytime; and I will do so.

    All I ask is that you re-read my now censored post in its entirety.

    CodyB seems to be the only person to understand my post, takes any post for what it is worth, and refrains from adding any further innuendos.

    I am a proponent of non Native English posters using this forum, and my post was in direct defense of those very people attacked in the previous message, the one I replied to.

    I must make the assertion that you did indeed choose a bad time frame to institute censorship when Americans are wondering how much freedoms we have left. That, is another factor affecting Fx.

    I ask that you refrain from shooting from the hip the next time you choose to institute censorship.

    Now you may see why proper communication is essential, and why everyone should have this in mind when posting.

    I, for one, am interested in the input from traders outside of America.

    My post was in defense of those who use English as a second language.

    You just have to see that, and if you do not, re-read my censored post again. Good Day Sir.

    Mike



  2. #8147
    abro's Avatar
    abro is offline Member
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    Quote Originally Posted by swifty View Post
    Thomas,

    Censorship is not needed right now--especially when the talk of nationalization and socialism are dominating fundamentals which directly influence the Fx market.

    You can ask, request, or merely recommend that I leave anytime; and I will do so.

    All I ask is that you re-read my now censored post in its entirety.

    CodyB seems to be the only person to understand my post, takes any post for what it is worth, and refrains from adding any further innuendos.

    I am a proponent of non Native English posters using this forum, and my post was in direct defense of those very people attacked in the previous message, the one I replied to.

    I must make the assertion that you did indeed choose a bad time frame to institute censorship when Americans are wondering how much freedoms we have left. That, is another factor affecting Fx.

    I ask that you refrain from shooting from the hip the next time you choose to institute censorship.

    Now you may see why proper communication is essential, and why everyone should have this in mind when posting.

    I, for one, am interested in the input from traders outside of America.

    My post was in defense of those who use English as a second language.

    You just have to see that, and if you do not, re-read my censored post again. Good Day Sir.

    Mike


    thomas dint pointed you out .. and i can read every post written in english here .. for example cody b write EG and GN i thought for 2 seconds what is this so then i come to know that he is talking about gbp / nzd and euro / gbp .. so i dont come complaining that please use full words we cant understand just use ur brain and u will .. as far as american or native english people are concern so u cant determine who is native english poster and who is not .. so ur point here is not valid .. and cody b say that its a matter of respect ok i agree then y he write GN and EG ??.. in the first glance i dint understand i thought it twice then i got it ... so dont complain about any one
    . and as i say ur point here is not valid becoz if all native english people start saying that their native language is not english so how would u know that they are lieing or not ??? so i strongly suggest that dont post these kinda of comments which have no meaning regarding this thread .. and my native language is not english still i got offensed from ur comment the way u wrote it ... and thomas long was right on this one that if u people dont understand english then we cant help u people .. even lovely forex understands english here even though his english is so weak and never complains ....

    ok i was rude , arrogant and i admit it and i am sorry to you all [/COLOR][/QUOTE]
    Last edited by abro; 04-17-2009 at 02:57 AM.

  3. #8148
    abro's Avatar
    abro is offline Member
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    ok so here we are ... a perfect trend reversal indication was this that the reasitance of 1.4940 level the gbp failed to broke .. the second thing was that the gbp usd had formed a head and shoulders pattern on the hourlys ... so thnk god i hedged postion on on 1.49 ...

  4. #8149
    frehman is online now Member
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    yes i saw the head and shoulder too but was a lil late in entering a trade i only saw it after it made its move below its shoulder.. but i expect it to retract to atleast 1.4850 before i will enter again if not i have placed an entry order with an extremely short stop( i prefer to do live trade and sinceits friday dont wanna leave large stops)
    Last edited by frehman; 04-17-2009 at 03:06 AM.

  5. #8150
    jolopino's Avatar
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    Quote Originally Posted by abro View Post
    ok so here we are ... a perfect trend reversal indication was this that the reasitance of 1.4940 level the gbp failed to broke .. the second thing was that the gbp usd had formed a head and shoulders pattern on the hourlys ... so thnk god i hedged postion on on 1.49 ...
    I also was out at 1.4860, my nerves were tightened. It was always hard to me to trail this pair. I did it due to eu/usd which failed to reverse. Furthermore I exited from usd/cad short. It is also hard to exit position with less profit that it could be, but better than caught a loss. I will monitor hourly close of eur/usd fof the next hour. If we close below 1.3040 I will short, if it does not happen I will think about entering long cable position near 1.4760. As I mentioned before daily close for cable above 1.4985 will be also good entry point.

  6. #8151
    frehman is online now Member
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    lets wait and see how the swiss news comes out.. wat ever effects euro will have atleast some impact on gbp and if its in the long direction then i wil consider having a short trade just for today but thats a big maybe

    if theres gonna be a continuation of the downmove today it will in my opinion have to comme around 1.4870-80 because anything above that would lead into atleast short term consolidation especially considering its friday
    Last edited by frehman; 04-17-2009 at 03:23 AM.

  7. #8152
    CodyB's Avatar
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    Quote Originally Posted by CodyB View Post
    NOW we can see a bearish engulfing pattern for daily candle chart GBPUSD
    1.47 IS ON table
    147 was hit in overnight trading and went gone small long at 4760 now at +25 locked in
    target 4850

    out 4840 and done till sunday
    Last edited by CodyB; 04-17-2009 at 08:49 AM.

  8. #8153
    CodyB's Avatar
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    I think we see 4750 again

    look at daily chart

  9. #8154
    y_2008 is offline Member
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    Quote Originally Posted by cmellon View Post
    Hi guys,

    I will stop posting Delta chart and also analysis here from this moment. I don't want my work and chart being copied and plagiarized all over the place. I hate thieves.
    ...
    That is really disgraceful.

    There are a lot of decent people here in Dailyfx. I learn a lot from them and you are one of them. Many thanks for sharing your ideas. I understand you.
    Last edited by y_2008; 04-17-2009 at 11:11 AM.

  10. #8155
    bbbats is offline Member
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    Quote Originally Posted by cmellon View Post
    Hi guys,

    I will stop posting Delta chart and also analysis here from this moment. I don't want my work and chart being copied and plagiarized all over the place. I hate thieves.

    I was browsing the Internet and my exact words and chart were copied and posted by a guy named TMAC at forexfactory.

    The way he did it makes him look as if he is doing all this analysis by himself, and he even bragged how it all came through. I posted here before when cable was at 1.37, that Long Term Delta low has arrived and most likely it will go up

    Just see his post below which is exactly like mine here in DailyFX
    The WoRmHoLe. - Page 52

    See how he brags about being right (or is he really? I doubt he has the Dynamic Trader software at all!)
    The WoRmHoLe. - Page 55

    Each time I post a new chart and analysis, he is gonna quickly copy and paste it in that site and claim it as his own.

    So I just decide not to post update for now... I want to see what he has to say in his forexfactory trading journal.
    I agree, disgraceful is a good word for it. I too learn a great deal from the terrific analysis & discussion on these boards, particularly from you CMellon, and appreciate your sharing of your hard work. One ass is now ruining it and it makes me very angry.

  11. #8156
    jolopino's Avatar
    jolopino is offline Member
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    Angry

    Quote Originally Posted by cmellon View Post
    Hi guys,

    I will stop posting Delta chart and also analysis here from this moment. I don't want my work and chart being copied and plagiarized all over the place. I hate thieves.

    I was browsing the Internet and my exact words and chart were copied and posted by a guy named TMAC at forexfactory.

    The way he did it makes him look as if he is doing all this analysis by himself, and he even bragged how it all came through. I posted here before when cable was at 1.37, that Long Term Delta low has arrived and most likely it will go up

    Just see his post below which is exactly like mine here in DailyFX
    The WoRmHoLe. - Page 52

    See how he brags about being right (or is he really? I doubt he has the Dynamic Trader software at all!)
    The WoRmHoLe. - Page 55

    Each time I post a new chart and analysis, he is gonna quickly copy and paste it in that site and claim it as his own.

    So I just decide not to post update for now... I want to see what he has to say in his forexfactory trading journal.
    Really, thank you for your interesting analysis. I think that internet is full with ill people, especially on forums. I do not understand the reason why he does so. Maybe, to show off… The only one reason, which came to my mind. I think you should not stop posting, this guy just is ill, he will crap another posts. You should contact forum administrators.

  12. #8157
    ogals's Avatar
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    I concur!

    Cmellon,
    whatever you decide is okay but also wanted to say that as a newbie I benefit immensely from your analysis and charts.

  13. #8158
    4cfx is offline Member
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    Thumbs up

    Quote Originally Posted by ogals View Post
    Cmellon,
    whatever you decide is okay but also wanted to say that as a newbie I benefit immensely from your analysis and charts.
    Me too. I always look forward to your postings and analyses.

  14. #8159
    jolopino's Avatar
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    Quote Originally Posted by cmellon View Post
    So I just decide not to post update for now... I want to see what he has to say in his forexfactory trading journal and GBP USD thread.
    As an advice, you can mark your chart with your signature-on background, on sides. The best why to mark it on background

  15. #8160
    fx-liono is offline Member
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    Grow up!!!!!

    Oh for Pete's sake!!!! The amount of time I read ' this is my last post becasue...'

    This is the bloody internet, theres weirdo's theres peodo's there's probbaly people who make snuff movies visiting these forums! Learn to have a thicker skin man and take it on the chin!

    Who gives a toss if copy/paste is taking place, theres nothing you or anyone else can do about it for that matter apart from lock yourself away in your bedroom and cut of all contact with the outside world.

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