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Cable Update (GBPUSD)

  • #335,561
  • Feb 13, 2013 4:47am Feb 13, 2013 4:47am
Quoting 100PipsADay
Quick 100 pips in one hour

When did you end up getting short @ 5692?
Actually only got 5675 about 4 hours ago. Still at hospital with Mom. Placing order via smart phone is a pain in the ass....
Ghost Rider - WWTBMD?
  • #335,562
  • Feb 13, 2013 4:51am Feb 13, 2013 4:51am
Quoting albchr
Actually only got 5675 about 4 hours ago. Still at hospital with Mom. Placing order via smart phone is a pain in the ass....
You should have your full 100 pips here in the next few minutes at the rate Cable is dropping... LOL

I've never placed orders with a phone but I am constantly checking rates whenever I'm out and about

Hope your Mom is alright bro, kind regards.
  • #335,563
  • Feb 13, 2013 4:51am Feb 13, 2013 4:51am
5509 here we come (not right away of course) lol
Ghost Rider - WWTBMD?
  • #335,564
  • Feb 13, 2013 4:52am Feb 13, 2013 4:52am
shit...
i am long
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #335,565
  • Feb 13, 2013 4:54am Feb 13, 2013 4:54am
Quoting PskovFX
we observe news reaction
So what do you think of my diving board now?
Ghost Rider - WWTBMD?
  • #335,566
  • Feb 13, 2013 4:55am Feb 13, 2013 4:55am
GBP/NZD is about to make an ALL-TIME low...

Selling the breakout could be some serious pips involved. Probably best to wait for a daily close below 1.855 before going short.

**I'm sitting this one out, just pointing it out for anybody who trades that pair
  • #335,567
  • Feb 13, 2013 4:55am Feb 13, 2013 4:55am
Quoting albchr
So what do you think of my diving board now?
Extra Springy...
  • #335,568
  • Feb 13, 2013 4:56am Feb 13, 2013 4:56am
Quoting fxtyrant
shit...
i am long
news can break any scenarios. I stopped out with zero profit
  • #335,569
  • Feb 13, 2013 4:59am Feb 13, 2013 4:59am
Quoting fontu
when a chance correct down , it tries to crush again but thought not still . lets see .

BOE Governor Mervyn King may be not talking any good so far or market over reacting too early!!
fontu
- That's what bears have been waiting for.
  • #335,570
  • Feb 13, 2013 5:01am Feb 13, 2013 5:01am
Quoting albchr
So what do you think of my diving board now?
I didn't exclude this option. News can break any scenarios. Where is your short entry level?
  • #335,571
  • Feb 13, 2013 5:07am Feb 13, 2013 5:07am
Quoting albchr
Actually only got 5675 about 4 hours ago. Still at hospital with Mom. Placing order via smart phone is a pain in the ass....
Above is Albchr's entry point
  • #335,572
  • Feb 13, 2013 5:07am Feb 13, 2013 5:07am
Quoting 100PipsADay
You should have your full 100 pips here in the next few minutes at the rate Cable is dropping... LOL

I've never placed orders with a phone but I am constantly checking rates whenever I'm out and about

Hope your Mom is alright bro, kind regards.
And then some I'm hoping. This is my first experience with a phone. I don't like it and I can't post charts.

Thanks brother I had to quit my job last May to come back and care for her. Was hoping she'd get back to being self sufficient but it's not going well. Working on getting her in assisted living now as I can't "properly" care for her at her home anymore.


Quoting 100PipsADay
Extra Springy...
BOING!!!
Ghost Rider - WWTBMD?
  • #335,573
  • Feb 13, 2013 5:11am Feb 13, 2013 5:11am
Quoting fxtyrant
shit...
i am long

actually i'm still partially holding long in Gch
Attached Image
90% of traders use TA, indicators and prediction
  • #335,574
  • Feb 13, 2013 5:13am Feb 13, 2013 5:13am
Quoting _BBKing_

actually i'm still partially holding long in Gch
i am actually not hearing any real reason why the Selloff on GBPUSD...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #335,575
  • Feb 13, 2013 5:15am Feb 13, 2013 5:15am
Quoting PskovFX
I didn't exclude this option. News can break any scenarios. Where is your short entry level?
I don't trade news. The down trend is in the charts. Perhaps you should get your money back on this super secret commercial system? Just a thought.
Ghost Rider - WWTBMD?
  • #335,576
  • Feb 13, 2013 5:16am Feb 13, 2013 5:16am
Quoting albchr
And then some I'm hoping. This is my first experience with a phone. I don't like it and I can't post charts.

Thanks brother I had to quit my job last May to come back and care for her. Was hoping she'd get back to being self sufficient but it's not going well. Working on getting her in assisted living now as I can't "properly" care for her at her home anymore.
Yea I completely understand, my lady takes care of elderly and/or disabled people so I know having the proper care is very important. Especially for our loved ones!...

I should have hopped on this ride but I think next week I'll get my chance as I'm almost sure that this time the 4-Year triangle will be broken and confirmed!

By the way, is this you? http://gozonews.com/wp-content/uploa.../high_dive.jpg LOL
  • #335,577
  • Feb 13, 2013 5:17am Feb 13, 2013 5:17am
Quoting _BBKing_

actually i'm still partially holding long in Gch
- If we broke the 1.5525 (which it doesn't triggered), you are in trouble.
  • #335,578
  • Feb 13, 2013 5:18am Feb 13, 2013 5:18am
Quoting albchr
I don't trade news. The down trend is in the charts. Perhaps you should get your money back on this super secret commercial system? Just a thought.
You dont trade news... but ironically you are making money on NEWS....

while BBKing and me, us trading tech analysis before the drop showed signs of a pullback up to 1.59...

so this is all NEWS albchr
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #335,579
  • Feb 13, 2013 5:21am Feb 13, 2013 5:21am
Quoting _BBKing_

actually i'm still partially holding long in Gch
Quoting albchr
I have to agree. As a short term scalp it's not bad but I wouldn't hold it too long. I think we all saw 5580 as a logical "bounce" area as well as 5550, 5530 etc. etc.

To me, these areas are chances to load shorts on the bounce. But then, that's just me. I could be 100% wrong but I'm gunning for 5509ish today/tomorrow.
It will bounce there too buddy (although I don;t think too high). But maybe a chance to get out? Where are you long at?
Ghost Rider - WWTBMD?
  • #335,580
  • Feb 13, 2013 5:22am Feb 13, 2013 5:22am
Quoting fxtyrant
You dont trade news... but ironically you are making money on NEWS....

while BBKing and me, us trading tech analysis before the drop showed signs of a pullback up to 1.59...

so this is all NEWS albchr
I think what he means is that the chart was already speaking for itself and news (regardless of what was said) is just noise. See news is relevant only when it contributes to break sequences of measured moves induced by Program Trading on the larger time frames, i.e. daily and weekly. But very rarely news is capable of doing that: what can really change market direction is huge and coordinated participation from smart money and/or central banks. For instance, the S&P500 was turned higher twice in the last 3 years: the first time in March 2009 and the second time in May-July 2011 by the intervention of the FED with Quantitative Easing initiatives.

So by following the charts one would have already known that we have broken just about every major support and 1.53 is in the cards regardless of what was said this past hour.
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