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Cable Update (GBPUSD)

  • #457,001
  • Dec 13, 2017 3:55am Dec 13, 2017 3:55am
Good day,

Caught some nice profit going short on the last rise. Now scalping long on 30 min. Entered @ 1.3340. Will continue to enter if lower for the current 30 min bar. Then hold for 30 min and close.
We Can
  • #457,002
  • Dec 13, 2017 5:13am Dec 13, 2017 5:13am
Quoting dean1star
This amazing great big move that everyone is talking about. DO you really think market makers are just going let everyone jump on board the train - you really think thats the case - they gonna make it so fcking easy for you and every retail trader, well seeing as its so well known even in the press the planned move IF ANY will not be what you expect as nothing in this game is easy and the talk about this move is becoming too easy .. 800 pip move coming, big reversal on its way yardi yardi yardi .. check the move on the last uk BOE rate increase...
I do think that another rise in GU is coming over the next few days/weeks. I didn't say I thought that it would be easy to time an entry, but did express my sentiment showing where I have tried to read the right of the chart and not the left. All of it was meant harmlessly and meant to stimulate discussion and further elaboration and sharing of ideas. With this in mind I thought your tone and language a bit overboard. I would have private messaged you this but I have no facility as yet.
  • #457,003
  • Dec 13, 2017 5:35am Dec 13, 2017 5:35am
Quoting discotaxi
{quote} I do think that another rise in GU is coming over the next few days/weeks. I didn't say I thought that it would be easy to time an entry, but did express my sentiment showing where I have tried to read the right of the chart and not the left. All of it was meant harmlessly and meant to stimulate discussion and further elaboration and sharing of ideas. With this in mind I thought your tone and language a bit overboard. I would have private messaged you this but I have no facility as yet.

u can private message actually.....on the top of the profile it says message.
  • #457,004
  • Dec 13, 2017 6:16am Dec 13, 2017 6:16am
Quoting destroyer69
{quote} u can private message actually.....on the top of the profile it says message.
why dont you hold his hand while he is at it and show him how it is done ? Man this place just aint what it used to be ..
  • #457,005
  • Dec 13, 2017 6:22am Dec 13, 2017 6:22am
Quoting dean1star
{quote} why dont you hold his hand while he is at it and show him how it is done ? Man this place just aint what it used to be ..
What a pathetic childish response. I was merely guiding him.
  • #457,006
  • Dec 13, 2017 7:23am Dec 13, 2017 7:23am
132 600 - 700 zone if we get there and looking to go long when the signal appears ..
IRR is worth what a max 2 cents on the dollar so the pair stays in range of PMH and PML
  • #457,007
  • Dec 13, 2017 7:30am Dec 13, 2017 7:30am
Quoting dean1star
132 600 - 700 zone if we get there and looking to go long when the signal appears .. IRR is worth what a max 2 cents on the dollar so the pair stays in range of PMH and PML
i agree with that, i sold from 1.3363 yesterday TP 1.3290 This point is Articulated point for me
good luck
  • #457,008
  • Dec 13, 2017 9:42am Dec 13, 2017 9:42am
Quoting destroyer69
{quote} u can private message actually.....on the top of the profile it says message.
Thanks for the guidance, however as a junior member my ability to pm is blocked on my profile.
  • #457,009
  • Dec 13, 2017 9:58am Dec 13, 2017 9:58am
Quoting PayTheLimit
this move lower feels weird, looks weird too...and only one decent bear bar under 1.3330 thus far... {image}
I took this into account on my last analysis. The bulls have momentum it's taking the bears ages to pull back, that's why I think the bulls will push out of this pennant until bearish momentum changes.
  • #457,010
  • Dec 13, 2017 11:35am Dec 13, 2017 11:35am
Quoting discotaxi
{quote} I took this into account on my last analysis. The bulls have momentum it's taking the bears ages to pull back, that's why I think the bulls will push out of this pennant until bearish momentum changes.
I'm still favoring the short side, we have traded mostly down last few days, granted its been rather wicky...still think 1.3420 is a damn good resistance...and yes, there is a little support forming down here, but I don't think its that strong...

I will offer some at 1.3420, risk 30, try for a new low later in the week...
Attached Image (click to enlarge)
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Look Sharp/Trade Tight
  • #457,011
  • Dec 13, 2017 11:37am Dec 13, 2017 11:37am
Quoting tito5615104
{quote} i agree with that, i sold from 1.3363 yesterday TP 1.3290 This point is Articulated point for me
See how it plays if i dont get the zone this time i will get the short from the move - play the game as they say - but have 3 longs open on euro usd that is in the zone .. good luck lol
Attached Image (click to enlarge)
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  • #457,012
  • Dec 13, 2017 12:56pm Dec 13, 2017 12:56pm
Most of us are waiting for the Fed to rise interest rates !

But .... are we sure that they are going to rise it ?

Most of us are short !
What a surprise could be !

Be prepared !

S.
  • #457,013
  • Dec 13, 2017 2:09pm Dec 13, 2017 2:09pm
3458 area looks to be the best RR to short
Come with me if you want to live....
  • #457,014
  • Dec 13, 2017 2:12pm Dec 13, 2017 2:12pm
i cannot view my account, as per the company the trading platform is stuck. can i sue them?
  • #457,015
  • Dec 13, 2017 2:18pm Dec 13, 2017 2:18pm
Quoting honesttrader
i cannot view my account, as per the company the trading platform is stuck. can i sue them?
As a result, did you loose any trade?
  • #457,016
  • Dec 13, 2017 2:34pm Dec 13, 2017 2:34pm
Quoting shabirsaleem
{quote} As a result, did you loose any trade?
the take profit transactions didnt get executed
  • #457,017
  • Dec 13, 2017 2:46pm Dec 13, 2017 2:46pm
Quoting honesttrader
{quote} the take profit transactions didnt get executed
Usually, these guys have waiver clauses in the contract when you first open the account. Further, you must consider the feasibility of the lawsuit. Sometimes cutting one's losses and finding a better broker is a much better solution.
luck is a loser's excuse
  • #457,018
  • Dec 13, 2017 3:05pm Dec 13, 2017 3:05pm
Quoting honesttrader
i cannot view my account, as per the company the trading platform is stuck. can i sue them?
Read your small print - it will say your broker is not responsible for any losses incurred via the disruption of services because of a bad internet connection ..
Check third party responsibilities it will be in there somewhere ..
  • #457,019
  • Edited 3:32pm Dec 13, 2017 3:10pm | Edited 3:32pm
220 pips up looking to close on 390 pips see how it plays tomorrow. EuroUsd

61/8 fibs seems to be the return point.

No trades open on Pound Dollar.
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  • #457,020
  • Dec 13, 2017 4:04pm Dec 13, 2017 4:04pm
Attached Image (click to enlarge)
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