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Cable Update (GBPUSD)

  • #320,681
  • Aug 6, 2012 2:25am Aug 6, 2012 2:25am
Quoting redbeben
morning

when ?
When what?? i woke up 8AM GMT+8 this morning to see a massive stop hunt happen from 1.2390 to 1.2440 managed to short near the top at 1.2430.... still holding that short btw.... Target is Pre Friday move up so yea im expecting to see 1.2175 on EURUSD...

Im still holding on my GBPUSD shorts too from 1.5600, 5650 and 5767
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,682
  • Aug 6, 2012 2:30am Aug 6, 2012 2:30am
added long 5605 with tight stop loss.
will see how it develops at these levels.
90% of traders use TA, indicators and prediction
  • #320,683
  • Aug 6, 2012 2:33am Aug 6, 2012 2:33am
Quoting bguguen
Perfect day for me today!
EURGBP longs edging closer to my target at 0.80
and i got the opportunity to short on that fake out stop hunt earlier today that saw us shooting EURUSD up to 1.2440, not the best entry at 1.2430 but ill bite on it lol....

When im shorting EURUSD at 1.2440 and longing EURGBP im expecting a fallin GBPUSD to be of larger magnitude than the drop in EURUSD... possibly one that sees GBPUSD down to 1.53 again
If we drop to the 53's dude, watch (roughly) 1.53922 , it maybe different slightly on your broker.
Come with me if you want to live....
  • #320,684
  • Aug 6, 2012 2:41am Aug 6, 2012 2:41am
Quoting _BBKing_
added long 5605 with tight stop loss.
will see how it develops at these levels.
out - 10.
90% of traders use TA, indicators and prediction
  • #320,685
  • Aug 6, 2012 2:44am Aug 6, 2012 2:44am
Quoting Ill-b-back
If we drop to the 53's dude, watch (roughly) 1.53922 , it maybe different slightly on your broker.
Personally, I feel we have unfinished business at 5393 and will be shorting rallies this week to this point.
I just don't believe in the last 2 swing lows as bottoms, I can't say exactly why, it just doesn't look right at all. We are coming off the daily 200sma and daily TL from last weeks high.
Come with me if you want to live....
  • #320,686
  • Aug 6, 2012 2:45am Aug 6, 2012 2:45am
Loaded some shorts @1.5617 waiting to see what happens now, in my opinion 1.550 should be reached @ about 12:30 GMT +1

have a nice day
  • #320,687
  • Aug 6, 2012 2:45am Aug 6, 2012 2:45am
Quoting Ill-b-back
If we drop to the 53's dude, watch (roughly) 1.53922 , it maybe different slightly on your broker.
indeed that 1.54xx area is one hefty SOB... might be an area of consolidation before we make our next move... we might still be stuck in this 1.54-1.5680 area, and i wont be surprised if we are stuck since its summer....\
but i really want EURGBP to reach 0.80, i got some hefty lots on a less active pair...
hell with EURGBP moving half the range of EURUSD, i could actually afford trading 1 standard lots on that pair haha
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,688
  • Aug 6, 2012 2:50am Aug 6, 2012 2:50am
dont see any momentum to go down at this moment.still valid uptrend.maybe 1.57 or double top h8 on us season.


note: desktop down,lappy collapse.using mobile
patient is my attitude, rushing is a dog
  • #320,689
  • Aug 6, 2012 2:52am Aug 6, 2012 2:52am
short 5605.
retest?
let's see.

tight stop loss.
just scalping small sizes until things are bit more clear.
90% of traders use TA, indicators and prediction
  • #320,690
  • Aug 6, 2012 2:53am Aug 6, 2012 2:53am
Quoting bguguen
indeed that 1.54xx area is one hefty SOB... might be an area of consolidation before we make our next move... we might still be stuck in this 1.54-1.5680 area, and i wont be surprised if we are stuck since its summer....
but i really want EURGBP to reach 0.80, i got some hefty lots on a less active pair...
hell with EURGBP moving half the range of EURUSD, i could actually afford trading 1 standard lots on that pair haha
Could be.
I got to bath the baby.
See ya
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Come with me if you want to live....
  • #320,691
  • Aug 6, 2012 2:53am Aug 6, 2012 2:53am
Quoting _BBKing_
short 5605.
retest?
let's see.

tight stop loss.
just scalping small sizes until things are bit more clear.

mistake!
out +2.
waiting new h1 candle.
90% of traders use TA, indicators and prediction
  • #320,692
  • Aug 6, 2012 2:59am Aug 6, 2012 2:59am
Quoting muskatnuss
Loaded some shorts @1.5617 waiting to see what happens now, in my opinion 1.550 should be reached @ about 12:30 GMT +1

have a nice day
I dont think soooo
The only way not to think about money is to have a great deal of it
  • #320,693
  • Aug 6, 2012 3:06am Aug 6, 2012 3:06am
Quoting Ill-b-back
Could be.
I got to bath the baby.
See ya
oh the baby, how old is he now?? must be a bundle of fun soon... but itll wreak havoc in its teenage... i mean look at me lol...
how much chaos ive caused in these forums...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,694
  • Aug 6, 2012 3:07am Aug 6, 2012 3:07am
Quoting Makavelli7
I dont think soooo
dont think... just look at daily
turn up an EMA 55 and EMA 200 adn see where we rejected... LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,695
  • Aug 6, 2012 3:10am Aug 6, 2012 3:10am
Quoting _BBKing_
mistake!
out +2.
waiting new h1 candle.
Why not?
  • #320,696
  • Aug 6, 2012 3:11am Aug 6, 2012 3:11am
1.5536 next stop down and last one 1.5488 from where we head up for 40 pips again
  • #320,697
  • Aug 6, 2012 3:12am Aug 6, 2012 3:12am
Quoting bguguen
dont think... just look at daily
turn up an EMA 55 and EMA 200 adn see where we rejected... LOL
hmmm
The only way not to think about money is to have a great deal of it
  • #320,698
  • Aug 6, 2012 3:16am Aug 6, 2012 3:16am
Quoting Makavelli7
hmmm
What makes you think the EURO is in anyways improving especially against the dollar?
im intrigued to understand your theory
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #320,699
  • Aug 6, 2012 3:26am Aug 6, 2012 3:26am
Quoting Makavelli7
I dont think soooo
Come on dude, that line when judging others calls just isn't working for you lately brother.
Just kidding mate
Come with me if you want to live....
  • #320,700
  • Aug 6, 2012 3:27am Aug 6, 2012 3:27am
Quoting bguguen
What makes you think the EURO is in anyways improving especially against the dollar?
im intrigued to understand your theory
I dont do Euro. its not like i have a buy position, just a view based on my calc
The only way not to think about money is to have a great deal of it
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