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Cable Update (GBPUSD)

  • #328,441
  • Oct 26, 2012 9:43am Oct 26, 2012 9:43am
entered

small TP...

its still not clear if break false or not... if not then TP to small
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  • #328,442
  • Oct 26, 2012 9:44am Oct 26, 2012 9:44am
you here?
  • #328,443
  • Oct 26, 2012 9:44am Oct 26, 2012 9:44am
Quoting bbakker
It's a classic retailers trap! They see green, buy and before they know it, they are in the red!

Have a great weekend!
Yeap, They got me on EURJPY. Went long. Shit man!
  • #328,444
  • Oct 26, 2012 9:50am Oct 26, 2012 9:50am
Quoting Typeface
False break - just some stophunting, I imagine. The market may turn up, but I don't see why it should be dictated to by some random marketmaker looking to catch a few stops.

That's what I'm hoping, anyway...

Still short - the buggers didn't get MY stop (whisper it).
1.6107 +/-2 becomes resistance. Lower flag line broken. Good response.
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Click to Enlarge Name: 121026 GU 24 HRS b.jpg Size: 133 KB
  • #328,445
  • Oct 26, 2012 9:55am Oct 26, 2012 9:55am
Quoting Nachiket
if I understand correctly what just happened in the gbp is 1.6140 was tried to break but unsuccessful attempt reversed the entire swing and now 1.6095 is in danger break of which targets 1.6060. robots playing their part again
Yeah that's right, Skynet was switched on this afternoon... countdown to nuclear oblivion has started!
  • #328,446
  • Oct 26, 2012 9:59am Oct 26, 2012 9:59am
Shorted the spike from 6140..close trade at 6087... clean 53pips. Done for this week.

Have a great weekend guys!
  • #328,447
  • Oct 26, 2012 9:59am Oct 26, 2012 9:59am
Quoting Nachiket
you here?
Wassup yo?? Too busy bashing muppets all day on audusd thread
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,448
  • Oct 26, 2012 10:00am Oct 26, 2012 10:00am
Quoting Snooze
Yeap, They got me on EURJPY. Went long. Shit man!
I said earlier...

Quoting bbakker
Up, down, up, down... the big boys like to fcuk with your mind!

If it does go up, I would sell into it but being a Friday today I think any big moves down will not come until next week now. Plenty of time to find a sell next week.
I didn't trade it but I had a feeling this play would be on...

I have been there and got the t-shirt... you're not the first and certainly won't be the last. Learn from it and you will become a better trader for it.
  • #328,449
  • Oct 26, 2012 10:03am Oct 26, 2012 10:03am
Quoting bbakker
I said earlier...



I didn't trade it but I had a feeling this play would be on...

I have been there and got the t-shirt... you're not the first and certainly won't be the last. Learn from it and you will become a better trader for it.
Like i say... Friday afternoon risk off flows gona bring us back down, chill....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,450
  • Oct 26, 2012 10:05am Oct 26, 2012 10:05am
i closed my shorts at 6086 almost to the pip, i will try to reload if get lucky above 6150, for target 6066 and 5999/6003,

if not lucky enough i will miss the flight south and call it a day and wont chase it ...
good luck!
Learning Requires Failure
  • #328,451
  • Oct 26, 2012 10:05am Oct 26, 2012 10:05am
Quoting fxtyrant
Wassup yo?? Too busy bashing muppets all day on audusd thread
I see. I was on the aussie trade in the morning. made 2 smart sells and made 60 pips. I think it aud/usd is way too difficult to understand. I did not understand the reason for the rally from 1.0304. But yes I will not long it definitely even if it goes to 1.0420.


As far as the GBP goes excitement done for the day. we will have a quite day now is what I feel. robots played their part. also it does not seem ready to break 1.6075. lets take that one first on monday
  • #328,452
  • Oct 26, 2012 10:07am Oct 26, 2012 10:07am
Quoting fxtyrant
Like i say... Friday afternoon risk off flows gona bring us back down, chill....
that is not the reason. i think auto traders or bots as they are called had a big part to play in the fall I think
  • #328,453
  • Oct 26, 2012 10:07am Oct 26, 2012 10:07am
I think game on we still have 1.6120 in play here
  • #328,454
  • Oct 26, 2012 10:10am Oct 26, 2012 10:10am
Quoting Nachiket
...As far as the GBP goes excitement done for the day. we will have a quite day now is what I feel. robots played their part. also it does not seem ready to break 1.6075. lets take that one first on monday
You mean these two -

Inserted Video
  • #328,455
  • Oct 26, 2012 10:11am Oct 26, 2012 10:11am
Quoting bbakker
Yeah that's right, Skynet was switched on this afternoon... countdown to nuclear oblivion has started!
Ghost Rider - WWTBMD?
  • #328,456
  • Oct 26, 2012 10:12am Oct 26, 2012 10:12am
Quoting bbakker
You mean these two -

http://www.youtube.com/watch?v=Qhi0CdZkEq4
no the programmed bots. may be you can keep a retailer and a investment bank on autotrade option to fight.
  • #328,457
  • Oct 26, 2012 10:13am Oct 26, 2012 10:13am
I want to apologize if I have hurt anyone here. I just lost my control
  • #328,458
  • Oct 26, 2012 10:14am Oct 26, 2012 10:14am
Quoting Nachiket
no the programmed bots. may be you can keep a retailer and a investment bank on autotrade option to fight.
Don't you know what HFT stands for?

You really are clueless...

Have a nice weekend!
  • #328,459
  • Oct 26, 2012 10:17am Oct 26, 2012 10:17am
Quoting Nachiket
that is not the reason. i think auto traders or bots as they are called had a big part to play in the fall I think
Lol and what made u think that risk off flows are not executed by automated institutional bots especially at top of trendline...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,460
  • Oct 26, 2012 10:19am Oct 26, 2012 10:19am
see u on monday
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