Cable Update (GBPUSD) | Page 16060 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #321,181
  • Aug 9, 2012 10:43pm Aug 9, 2012 10:43pm
Quoting TauTrader
Good day to you,

Indicator based trade. Hope the bull is busy in a seedy bar somewhere...

Regards
Closing sell here.

Will look to enter again later. Looks like a bit of upward pressure my be coming in

Regards
  • #321,182
  • Aug 9, 2012 11:16pm Aug 9, 2012 11:16pm
Quoting TauTrader
Good day to you, sir

I know you are. There has been exponential progress this year - yes. More urgency - if you like...

I'm worried about getting older. The economy is on a limp, so there is uncertainty. With Black Economic Empowerment laws in place, things will only get tougher going forward. I'm basically in the very last classification group the formal sector will employ.

Have been doing my own thing for the past 12 years. Will have to continue providing for my family on own steam. Have a few commercial properties that is supposed to...
I think this is the strangest GU market I have been in.
I began trading during the GFC and just kept shorting for 20 pips as per my limited education. Only lost 1 trade while sliding down the slope for 2 months, thought this would be easy.
Those weekly tails fighting gravity look so artificial, so odd, just my take on it.
Come with me if you want to live....
  • #321,183
  • Aug 9, 2012 11:22pm Aug 9, 2012 11:22pm
Off to bed guys,

A bit ballsy but i've had a long day, here is where i am,

5 x long at half lots each

T/P's set between 1.57 and 1.574

average 100 pips x 5 by the time it triggers. 500 total

upward trend on the H4 and H1, gives me confidence that were still in the channels on the chart. (been struggling with confidence lately). Might need to go down a little first to gather some strength but it will happen at some point for sure.


Good luck everyone,
Attached Image (click to enlarge)
Click to Enlarge Name: 0809.jpg Size: 192 KB
Money never sleeps...
  • #321,184
  • Aug 10, 2012 12:00am Aug 10, 2012 12:00am
Quoting Ill-b-back
I think this is the strangest GU market I have been in.
I began trading during the GFC and just kept shorting for 20 pips as per my limited education. Only lost 1 trade while sliding down the slope for 2 months, thought this would be easy.
Those weekly tails fighting gravity look so artificial, so odd, just my take on it.
this is the worst gbp/usd market i seen since i started trading back in 2003
  • #321,185
  • Aug 10, 2012 12:01am Aug 10, 2012 12:01am
Quoting inpatient
Off to bed guys,

A bit ballsy but i've had a long day, here is where i am,

5 x long at half lots each

T/P's set between 1.57 and 1.574

average 100 pips x 5 by the time it triggers. 500 total

upward trend on the H4 and H1, gives me confidence that were still in the channels on the chart. (been struggling with confidence lately). Might need to go down a little first to gather some strength but it will happen at some point for sure.


Good luck everyone,
Personally, I agreed that the GU will head up soon or late in perfect channel. However, be careful to set SL a bit large as it seems head down to 15500 area before bouncing back up. Good pips to all
  • #321,186
  • Aug 10, 2012 12:10am Aug 10, 2012 12:10am
Quoting PoundTrader
this is the worst gbp/usd market i seen since i started trading back in 2003
Good day to you,

Yes - the current conditions will surely test any system to the max. But things work in cycles. So - if one can progress still, it's a good sign that one's way of trading will probably remain sustainable.

Do you not think?

Regards
  • #321,187
  • Aug 10, 2012 12:11am Aug 10, 2012 12:11am
Quoting PoundTrader
this is the worst gbp/usd market i seen since i started trading back in 2003
Hi PoundTrader which broker you are with??
GBP/USD
  • #321,188
  • Aug 10, 2012 12:35am Aug 10, 2012 12:35am
Quoting TauTrader
Good day to you,

Yes - the current conditions will surely test any system to the max. But things work in cycles. So - if one can progress still, it's a good sign that one's way of trading will probably remain sustainable.

Do you not think?

Regards
i agree, my system has held up pretty good thru all of this i was just talking about market condition, it's been the worst i seen
  • #321,189
  • Aug 10, 2012 12:35am Aug 10, 2012 12:35am
Quoting deepak925
Hi PoundTrader which broker you are with??
citifx
  • #321,190
  • Aug 10, 2012 12:38am Aug 10, 2012 12:38am
market is fuck boring...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #321,191
  • Aug 10, 2012 1:08am Aug 10, 2012 1:08am
Quoting PoundTrader
this is the worst gbp/usd market i seen since i started trading back in 2003
Someone said a while back that this market was not allowed to find its natural floor due to bailouts, printing etc. I remember thinking the same thing.
Zooming out on the monthly and weekly it's like their is this artificial line beneath the 52 region that just says NO to price.

Considering the progressive nature of this crisis from institutions to whole nations, can't help but feel we are in an artificial market.

Just looks odd.
Come with me if you want to live....
  • #321,192
  • Aug 10, 2012 1:10am Aug 10, 2012 1:10am
Quoting Ill-b-back
Someone said a while back that this market was not allowed to find its natural floor due to bailouts, printing etc. I remember thinking the same thing.
Zooming out on the monthly and weekly it's like their is this artificial line beneath the 52 region that just says NO to price.

Considering the progressive nature of this crisis from institutions to whole nations, can't help but feel we are in an artificial market.

Just looks odd.
manipulation?....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #321,193
  • Aug 10, 2012 1:14am Aug 10, 2012 1:14am
Quoting bguguen
manipulation?....



Come with me if you want to live....
  • #321,194
  • Aug 10, 2012 1:16am Aug 10, 2012 1:16am
Quoting Ill-b-back



The Chonchy
  • #321,195
  • Aug 10, 2012 1:17am Aug 10, 2012 1:17am
Quoting chonchy
Chonchy!!!
Come with me if you want to live....
  • #321,196
  • Aug 10, 2012 1:20am Aug 10, 2012 1:20am
Quoting Ill-b-back
Chonchy!!!
The Chonchy
  • #321,197
  • Aug 10, 2012 1:23am Aug 10, 2012 1:23am
Quoting chonchy
Very nice to see you here.

Love that bike video man and the chinese currency vid in your thread, watched them at least 5 times each.

Hilarious

See you soon
Come with me if you want to live....
  • #321,198
  • Aug 10, 2012 1:25am Aug 10, 2012 1:25am
Quoting Ill-b-back
Very nice to see you here.

Love that bike video man and the chinese currency vid in your thread, watched them at least 5 times each.

Hilarious

See you soon
The Chonchy
  • #321,199
  • Aug 10, 2012 2:01am Aug 10, 2012 2:01am
Good day to you,

Hope to see 1.5604 hold . Going long here @ 1.5612 with SL @ 1.5592

Regards
  • #321,200
  • Aug 10, 2012 2:05am Aug 10, 2012 2:05am
funny that UK PPI goes out together with China GDP.
90% of traders use TA, indicators and prediction
408 traders viewing now, 3 are registered:
,
CPUmice
,
makeme