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Cable Update (GBPUSD)

  • #325,841
  • Oct 4, 2012 7:03am Oct 4, 2012 7:03am
Quoting bbakker
I added to my short at 1.6121... maybe premature but we shall see...
1.6103 is key support for bulls here... it is also the London session low... well 1.6100 is!
  • #325,842
  • Oct 4, 2012 7:03am Oct 4, 2012 7:03am
Quoting bbakker
I added to my short at 1.6121... maybe premature but we shall see...
Still hoping for higher but we may have to accept that. I'd like 40/60 even 80 but this pull back is weak at best me thinks.

Last two 4H closed under 4H LTL (red). Perhaps as Red said, we'll get a news spike for a better price.
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #325,843
  • Oct 4, 2012 7:08am Oct 4, 2012 7:08am
Quoting bbakker
Too late... lol

Hacking is a hobby of mine. bwhahahahaha!
I'm specialized in bank robberies...I am planning to rob fort knox I just need to get a few billions loan to produce my drillmobile ....but nobody will give me any loans this big unless.....I am a finance minister.

see why I want to be dumb
  • #325,844
  • Oct 4, 2012 7:10am Oct 4, 2012 7:10am
Quoting albchr
Still hoping for higher but we may have to accept that. I'd like 40/60 even 80 but this pull back is weak at best me thinks.

Last two 4H closed under 4H LTL (red). Perhaps as Red said, we'll get a news spike for a better price.
Right... like unemployment claims in 20 mins.

I will probably close the entry as a scalp for 15 pips and wait for news!
  • #325,845
  • Oct 4, 2012 7:11am Oct 4, 2012 7:11am
Quoting redbeben
I'm specialized in bank robberies...I am planning to rob fort knox I just need to get a few billions loan to produce my drillmobile ....but nobody will give me any loans this big unless.....I am a finance minister.

see why I want to be dumb
LOL
  • #325,846
  • Oct 4, 2012 7:13am Oct 4, 2012 7:13am
Quoting albchr
Still hoping for higher but we may have to accept that. I'd like 40/60 even 80 but this pull back is weak at best me thinks.

Last two 4H closed under 4H LTL (red). Perhaps as Red said, we'll get a news spike for a better price.
1.6126 is the line in the sand as I said

if PA is as it is now we would need a 1 H closed above this level in 4-5 hours and next stop is 1.6159 and last 1.6192 (don't look at 1.6187 as a short as it will test 6192 but close below 6187)

there you can short for 30 pips ...back to 6159 to be precise with a tight 10 pips SL

or we can go straight before the 4-5 h pass but the momentum has to be stroooong for the bulls...like a leaked news or something

or we close a H1 below 1.6100 and we go 1.6060 and 6013 (I'd go for the 6013) but keep an eye on NFP

H1 is the key

either perfect sell or continuation of buy
  • #325,847
  • Oct 4, 2012 7:16am Oct 4, 2012 7:16am
Quoting redbeben
I'm specialized in bank robberies...I am planning to rob fort knox I just need to get a few billions loan to produce my drillmobile ....but nobody will give me any loans this big unless.....I am a finance minister.

see why I want to be dumb
Better pick a better place bud. Ain't been no gold in that fort for over 40 years now. Would be a shame to get past all that security just to find an empty box bro.
Ghost Rider - WWTBMD?
  • #325,848
  • Oct 4, 2012 7:20am Oct 4, 2012 7:20am
Quoting bbakker
Right... like unemployment claims in 20 mins.

I will probably close the entry as a scalp for 15 pips and wait for news!
Welp, I'ma no can close as I'm under water ATM...LOL

But I may have to move my stop off a bit for news. I'll not close this for a loss as I'm a stubborn bear on this puppy to 5800 or bust!...LOL
Ghost Rider - WWTBMD?
  • #325,849
  • Oct 4, 2012 7:25am Oct 4, 2012 7:25am
Quoting redbeben
I can see your account number

all I have to do now is log on facebook,like your company and then hack your email address,steal your alpari password,change your account outpayment details and.....

delete the attachement and resend it without the acc no be safe

p.s. you're lucky today as I don't know how to use FB
I dont use facebok personally And I dont think its so simple to steal the money from the acc..
  • #325,850
  • Oct 4, 2012 7:34am Oct 4, 2012 7:34am
Quoting volforex
I dont use facebok personally And I dont think its so simple to steal the money from the acc..
it was a piece of advice
  • #325,851
  • Oct 4, 2012 7:35am Oct 4, 2012 7:35am
Quoting bbakker
From that DOM, tell me how you distinguish between retailers and the big players in the market? I am intrigued!
Like every trader has its own strategy or look at the markets .I can see when they come in exactly .Now we heading up ,and can tell you when they will be selling at exact price
  • #325,852
  • Oct 4, 2012 7:43am Oct 4, 2012 7:43am
Quoting volforex
Like every trader has its own strategy or look at the markets .I can see when they come in exactly .Now we heading up ,and can tell you when they will be selling at exact price
unless you are an insider working for a huge bank that sells huge amounts you cannot tell who and where ...you might have rough values but what's the point in having the values public if everybody can follow them ?

what's the point ? if all sell or buy at those levels who's gonna lose ?

they will always skip some levels.

the only levels you have are the general ones and are based on S and R

if you really are an insider there would be no point in posting on forums as you'd be rich

my sell levels are 1.6159 and 1.6192

I bet you have something like 1.6145 and 1.6180-90
  • #325,853
  • Oct 4, 2012 7:47am Oct 4, 2012 7:47am
Quoting redbeben
unless you are an insider working for a huge bank that sells huge amounts you cannot tell who and where ...you might have rough values but what's the point in having the values public if everybody can follow them ?

what's the point ? if all sell or buy at those levels who's gonna lose ?

they will always skip some levels.

the only levels you have are the general ones and are based on S and R

if you really are an insider there would be no point in posting on forums as you'd be rich

my sell levels are 1.6159 and 1.6192

I bet you...

As a wise man once told me, give some margin to the market...
  • #325,854
  • Oct 4, 2012 7:51am Oct 4, 2012 7:51am
Quoting volforex
Like every trader has its own strategy or look at the markets .I can see when they come in exactly .Now we heading up ,and can tell you when they will be selling at exact price
So was redbeben right with the exact price they're selling at?

He's pretty good with his numbers!
  • #325,855
  • Oct 4, 2012 7:53am Oct 4, 2012 7:53am
Quoting Freshpips
As a wise man once told me, give some margin to the market...
as I mentioned I am flat as I had a sell from 1.6128 that was closed half @ 20 pips the rest BE

now unless I see 1.6159 or 1.6192 I will not add any short

could have done it for a 20 pips scalp but newsdays and I follow some rules...or trying to
  • #325,856
  • Oct 4, 2012 7:53am Oct 4, 2012 7:53am
Quoting bbakker
So was redbeben right with the exact price they're selling at?

He's pretty good with his numbers!
Yes he is which has me re-thinking my pending sell at 6165
Ghost Rider - WWTBMD?
  • #325,857
  • Oct 4, 2012 7:55am Oct 4, 2012 7:55am
Quoting redbeben
unless you are an insider working for a huge bank that sells huge amounts you cannot tell who and where ...you might have rough values but what's the point in having the values public if everybody can follow them ?

what's the point ? if all sell or buy at those levels who's gonna lose ?

they will always skip some levels.

the only levels you have are the general ones and are based on S and R

if you really are an insider there would be no point in posting on forums as you'd be rich

my sell levels are 1.6159 and 1.6192

I bet you have something...
I think cable can go down if aussie (just as my personal favorite pair) can push though the daily support level at about current price and swissy stop trending down (obviously).. imho.
  • #325,858
  • Oct 4, 2012 7:57am Oct 4, 2012 7:57am
Quoting redbeben
as I mentioned I am flat as I had a sell from 1.6128 that was closed half @ 20 pips the rest BE

now unless I see 1.6159 or 1.6192 I will not add any short

could have done it for a 20 pips scalp but newsdays and I follow some rules...or trying to

Im not doing anything until I can short from high 1.61xx and able to have sl other side of 1.6200...

It may happen or may not. I got in too early last time and got burnt.

1.6173 absolute minimum, but preferably higher...
  • #325,859
  • Oct 4, 2012 7:58am Oct 4, 2012 7:58am
Cable facing resistance at 1.615
Make pips, not war!
  • #325,860
  • Oct 4, 2012 8:00am Oct 4, 2012 8:00am
redben ,I will tell you when I have sell open .I know you are very good to catch good points ...
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