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Cable Update (GBPUSD)

  • #326,181
  • Oct 9, 2012 2:43am Oct 9, 2012 2:43am
Quoting bbakker
Looks like London has other ideas... thanks to Draghi!
this is what I was talking about this morning

Draghi will move up or down

now it is down

but I will not short @ 1.6020 yet if I missed the train so be it I already had 20 pips on the up + 50 on EU + the rest on the short

this low will only get me closer to the 1.5900 limit by friday as per calculation

there we will see if we go back up or 1.57-5650 and below 1.5394

for now flat with short bias
  • #326,182
  • Oct 9, 2012 2:44am Oct 9, 2012 2:44am
Quoting nAVIN2007
one day u will realise when the trend is in yur face dont try and go against it..trying to get a better price as far as im concerned buddy is an emotional issue..and hancock moves result in flatline

if the news come in like what is expected the puppy may sink hard
yea but heres the problem.... GBPUSD looked eerie when i last saw it in Asia session, no retracement at all or very little... if you call 20 pip up from the low of yesterday a retracement then fine.... but GOD!!! i was worried draghi had something in his sleeves so better bag whatever profits i had.... now im looking to find opportunities to load shorts.
1.6020 is gona be my first place to load short since that is the Broken Asian Low of which i expect to see a retest it... and hopefully my order fills when it does.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,183
  • Oct 9, 2012 2:44am Oct 9, 2012 2:44am
Cable gonna hit 1.5983 , at least
  • #326,184
  • Oct 9, 2012 2:44am Oct 9, 2012 2:44am
Quoting bguguen
and i exited my Shorts a little too early... but im gona shorting as soon as 1.6020 and 1.6080 if it extends up.

I'm short at 6025, exit 6015, finger crossing
deep RoT is essential for everlasting happyness
  • #326,185
  • Oct 9, 2012 2:47am Oct 9, 2012 2:47am
trick or treat ?
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  • #326,186
  • Oct 9, 2012 2:48am Oct 9, 2012 2:48am
Quoting X.work
I'm short at 6025, exit 6015, finger crossing
how are you short at 1.6025? you opened the trade manually as it fell or a sell stop order?? cuz i know you didnt get filled on a sell limit order since we havent retested it since the breakout.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,187
  • Oct 9, 2012 2:49am Oct 9, 2012 2:49am
Quoting dav7
Cable gonna hit 1.5983 , at least
that's true

and if that fails freefall to 5880 area

but one step at a time
  • #326,188
  • Oct 9, 2012 2:50am Oct 9, 2012 2:50am
Quoting bguguen
how are you short at 1.6025? you opened the trade manually as it fell or a sell stop order?? cuz i know you didnt get filled on a sell limit order since we havent retested it since the breakout.
might still retest 6040

the truth is that I have no clue what Draghi said
  • #326,189
  • Oct 9, 2012 2:51am Oct 9, 2012 2:51am
Quoting redbeben
trick or treat ?
OMG, euro dragging everything down, I have never seen E/U dive down like that.
deep RoT is essential for everlasting happyness
  • #326,190
  • Oct 9, 2012 2:51am Oct 9, 2012 2:51am
Quoting redbeben
might still retest 6040

the truth is that I have no clue what Draghi said
Draghi saying reformation setbacks in the EU meeting
http://www.forexlive.com/
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,191
  • Oct 9, 2012 2:52am Oct 9, 2012 2:52am
Quoting bguguen
yea but heres the problem.... GBPUSD looked eerie when i last saw it in Asia session, no retracement at all or very little... if you call 20 pip up from the low of yesterday a retracement then fine.... but GOD!!! i was worried draghi had something in his sleeves so better bag whatever profits i had.... now im looking to find opportunities to load shorts.
1.6020 is gona be my first place to load short since that is the Broken Asian Low of which i expect to see a retest it... and hopefully my order fills when it does.

we were never going back up there!!..if that happened yesterday..that would have changed the direction potentially..these moves arent hard to see..once u get a grip on the emotions

i just need to be right with euro so far..not bad
  • #326,192
  • Oct 9, 2012 2:52am Oct 9, 2012 2:52am
Quoting X.work
OMG, euro dragging everything down, I have never seen E/U dive down like that.
I have... all too often when you got people like ben bernanke or mario draghi talking....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,193
  • Oct 9, 2012 2:52am Oct 9, 2012 2:52am
EU TP's 2872 and second 2807

later I don't know

timespan do not care as I will probably scale out and trail anyway
  • #326,194
  • Oct 9, 2012 2:53am Oct 9, 2012 2:53am
Quoting nAVIN2007
we were never going back up there!!..if that happened yesterday..that would have changed the direction potentially..these moves arent hard to see..once u get a grip on the emotions

i just need to be right with euro so far..not bad
You are right with the EURUSD short... in fact put your SL at 1.2780 and ill see you with a big smile next week
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,195
  • Oct 9, 2012 2:55am Oct 9, 2012 2:55am
Quoting bguguen
how are you short at 1.6025? you opened the trade manually as it fell or a sell stop order?? cuz i know you didnt get filled on a sell limit order since we havent retested it since the breakout.
My thinking is that it will bounce off Bollinger Band on H4, but not all the way to 6040.

still finger crossing
deep RoT is essential for everlasting happyness
  • #326,196
  • Oct 9, 2012 2:55am Oct 9, 2012 2:55am
WAHAHAHHAH, i manually opened a GBPUSD short at 1.6016/19 missed the order by 1 pip but wtever.... see you down at the bottom folks... if not i got another short at 1.6080 (but as nav says... very much doubt itll reach there)
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,197
  • Oct 9, 2012 2:56am Oct 9, 2012 2:56am
Quoting X.work
OMG, euro dragging everything down, I have never seen E/U dive down like that.
have you been trading for a long time ? or it is just a hobby ?

this was a small move

when Draghi farts mountains tumble and rivers boil
  • #326,198
  • Oct 9, 2012 2:57am Oct 9, 2012 2:57am
Quoting X.work
My thinking is that it will bounce off Bollinger Band on H4, but not all the way to 6040.

still finger crossing
Buddy, the thing i learned in pain is bollingerband is not 60% accurate most of the time... when market starts to trend, you'll see bollinger band expand and extend on and on and on..... makes you wonder why you'd even use bollinger band in the first place...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,199
  • Oct 9, 2012 2:57am Oct 9, 2012 2:57am
Quoting bguguen
WAHAHAHHAH, i manually opened a GBPUSD short at 1.6016/19 missed the order by 1 pip but wtever.... see you down at the bottom folks... if not i got another short at 1.6080 (but as nav says... very much doubt itll reach there)
1.6121 line in sand
if we close above we go 1.6032 and 1.6043 from where short

I'lll try to wait for at least above 6020 to short....me being patient
  • #326,200
  • Oct 9, 2012 2:57am Oct 9, 2012 2:57am
Quoting redbeben

when Draghi farts mountains tumble and rivers boil
yeah!!
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