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Cable Update (GBPUSD)

  • #327,401
  • Oct 18, 2012 2:29pm Oct 18, 2012 2:29pm
Quoting bguguen
Thank god for my persistence huh.... i guess trading is knowing that the general direction of the market and enter trades accordingly as market moves against trend... thats why ive been loading up shorts like a teenage kid on sugar/steroids!
the More against the trend market moves the BIGGER i lot trades i take against the moves to go FOR the trend direction!!!
Because Bigger lots will cover losses onthe small one providing the market direction persists.

But DUDE.... ill prolly be busy next weekend with test preparations and stuff... been hectic...
its difficult to explain but u kind of feel the market u just have to listen or be in tune with it..its hard to explain why it broke last weeks high and i didnt buy but i felt it was fake..i guess with time as u grow..u will find better words..this weekend is impossible for me..i need to find tennants
  • #327,402
  • Oct 18, 2012 2:31pm Oct 18, 2012 2:31pm
Quoting Bones
your kidding right
maybe we draw it opposite
Attached Image
  • #327,403
  • Oct 18, 2012 2:31pm Oct 18, 2012 2:31pm
eurusd ran out of breath about an hour ago - cable just keeps diggin... it does that because it thinks there are bones down below (stops!). I might consider a long around 1.6031 (38.2 fib) but I'd watch it like a hawk.
  • #327,404
  • Oct 18, 2012 2:31pm Oct 18, 2012 2:31pm
Quoting redbeben
today is a great day for me.I just opened up a bottle of 2001 La Mancha(they say it was a good year) and I am slowly sipping a glass or two.

as well it will be my last day as a sharer of info on this forum.I'll only drop by once in a while to delight you with some stories and ideas but no more trades.

Thank you for the good time we spent here.It was my pleasure.Together we learnt a lot of good things and each bad trade was a good point for future trades.


I'm going commercial starting tmr.


Good night
Sir,

Well done. All success in your venture.

I wish you all the best.

Regards
  • #327,405
  • Oct 18, 2012 2:33pm Oct 18, 2012 2:33pm
Quoting Bones
your kidding right
(Yeah, you're right. The move was a fall, I got it backwards too.) Strike that. Never mind.
  • #327,406
  • Oct 18, 2012 2:40pm Oct 18, 2012 2:40pm
Quoting redbeben
today is a great day for me.I just opened up a bottle of 2001 La Mancha(they say it was a good year) and I am slowly sipping a glass or two.

as well it will be my last day as a sharer of info on this forum.I'll only drop by once in a while to delight you with some stories and ideas but no more trades.

Thank you for the good time we spent here.It was my pleasure.Together we learnt a lot of good things and each bad trade was a good point for future trades.


I'm going commercial starting tmr.


Good night
keep in touch man!!
  • #327,407
  • Oct 18, 2012 2:43pm Oct 18, 2012 2:43pm
Quoting redbeben
today is a great day for me.I just opened up a bottle of 2001 La Mancha(they say it was a good year) and I am slowly sipping a glass or two.

as well it will be my last day as a sharer of info on this forum.I'll only drop by once in a while to delight you with some stories and ideas but no more trades.

Thank you for the good time we spent here.It was my pleasure.Together we learnt a lot of good things and each bad trade was a good point for future trades.


I'm going commercial starting tmr.


Good night

May the force be with you!
  • #327,408
  • Oct 18, 2012 2:53pm Oct 18, 2012 2:53pm
I think the mission of gbpusd is to rip every stop between here and 1.6000 I should have bought eurgbp!


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  • #327,409
  • Oct 18, 2012 2:56pm Oct 18, 2012 2:56pm
ok go. watching 6021 & 5976 next .eu & au not join the party yet, gold ok but over the support area 1735 again.that is gu may lead the party down for all , H4 & daily tf having bear candle in action!
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #327,410
  • Oct 18, 2012 3:08pm Oct 18, 2012 3:08pm
Quoting Whimtradr
I got all my money plus the dog and the kids on GBP top at .6150
Yes!
Follow me on twitter @whimtradr
  • #327,411
  • Oct 18, 2012 3:10pm Oct 18, 2012 3:10pm
it's seem bank of england start the party ....... insider trade do it again what the hack .... they always win
  • #327,412
  • Oct 18, 2012 3:14pm Oct 18, 2012 3:14pm
Quoting nAVIN2007
chris shut it!!
Ghost Rider - WWTBMD?
  • #327,413
  • Oct 18, 2012 3:18pm Oct 18, 2012 3:18pm
Quoting Whimtradr
Yes!
but mate, it went to 6177, is it yes because you lost them?
  • #327,414
  • Oct 18, 2012 3:36pm Oct 18, 2012 3:36pm
was there news i missed..to make cable drop like this..wtf..
  • #327,415
  • Oct 18, 2012 3:40pm Oct 18, 2012 3:40pm
Quoting nAVIN2007
was there news i missed..to make cable drop like this..wtf..
I don't know if there was any news diffused. I don't read them. My guess is that's a war between the eurozone and the city just before the start of the summit.
Don't be smart. Be rich.
  • #327,416
  • Oct 18, 2012 3:42pm Oct 18, 2012 3:42pm
Quoting maximinus
I don't know if there was any news diffused. I don't read them. My guess is that's a war between the eurozone and the city just before the start of the summit.
i dont know either..but man this move must be based on something quite bad
  • #327,417
  • Oct 18, 2012 3:42pm Oct 18, 2012 3:42pm
Quoting nAVIN2007
was there news i missed..to make cable drop like this..wtf..
If it was "noise" that caused this, Perhaps it was all the good news for USD finally kicked in.
Ghost Rider - WWTBMD?
  • #327,418
  • Oct 18, 2012 3:43pm Oct 18, 2012 3:43pm
Quoting nAVIN2007
was there news i missed..to make cable drop like this..wtf..
heres from forex live...
Quote
Risk assets are sinking in a big way.
EUR/USD bids at 1.3060, more at 1.3050 and stops below.
There doesn’t seem to be any concrete news behind the move. Stocks are lower on the Google miss but not terribly.
I have to point to the Chinese data. For me, just hitting 7.4% was a big miss. There were hints and signs of a better number and when you look at power consumption and other metrics, there are plenty of reasons to question 7.4%.
Cable is getting mangled here.
AUD/USD buffered by demand at 1.0350.

I tend to agree on it.... China News was actually not a very good thing earlier today... took them long enough to read between the lines....
i think the only reason why EU and AU didnt join the party was because they broke and stayed above trendline earlier... while GU unfortunately couldnt break so real money decided to sell it hard.... wasnt even end of week risk aversion flow... its thursday for god sake...

But forget about this.... I AM SHOCKED by GOOGLE!!! its like my worst fear came true.....
If anyone wants to know about GOOGLE and the shocker PM me... i dont want to be posting Equities on a GBPUSD thread.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,419
  • Oct 18, 2012 3:43pm Oct 18, 2012 3:43pm
Quoting albchr
If it was "noise" that caused this, Perhaps it was all the good news for USD finally kicked in.
lets hope so..
  • #327,420
  • Oct 18, 2012 3:44pm Oct 18, 2012 3:44pm
Quoting TauTrader
You well, sir?
Doing best I can Tau. And you buddy?
Ghost Rider - WWTBMD?
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