Cable Update (GBPUSD)
i'm waiting for something good to allow me for a long position, or a pullback to short higher.
here's my complete view about GBP USD
if interested, also something in:
EUR USD
USD JPY
more in my channel.
tks
I've been waiting and itching to short the bi**h for so long now. I hope too that it goes up to re-test the trendline. This mofo stopped me out at 1.5830 while I was heavy short from 1.5750 to make a 400 pip moveto 1.5450. I've been waiting for the revenge.
I wouldn't risk a short till 1.58 is cleared. rite now its buy buy buy
seems to me it wants to touch 1.56 today or tomorrow. would be nice to take out some shorters out of this forum. 1.53 huh. some of them were shouting.
don't think so
for those who don't know me I am Nachiket. used to be part of this forum
Good morning Casper,
I'm sorry for your loss but alas, that's the cost of doing business in Forex. Think of it as an investment that will lead to greater returns and plan the next trade without emotion when you see PA confirm the move.
I'm still in the camp of a retracement from here especially with yesterday's doji at a swing low and at good support area of 5450. But yesterday was a very busy and tough day on the personal of life for me so I haven't done any anaylisis of the charts and I don't think I'll be doing much if any trading this...
to short again big time. The weekly close last week makes for a good case of confirmation to go short on re-test. The problem is that GU spikes too much before large moves. I still remember the 60 pip in 10 min move up without any resistance the week prior to last one before the straight down move of 400 pip without giving any chance to short again.
).
Thanks for the kind words. I wouldn't risk a long here. That's too much stress against the big trend. Waiting patiently
You don't need much analysis. I guess the numbers and charts are there...
The coming weeks/months are sure to be tough for the family and I appreciatete your words of support 
Thanks so Much Casper
I understand your reluctance to long and I'm certainly not "sure" I will. (still adjusting to larger TF's so NOT playing bounces both ways is still a fight for me...LOL) I think it's a very wise decision on your part because, if does retrace, it will set up a good short. If it doesn't, then there will be ample opportunity to short for the continued ride south. Discretionion (as in all life), is ALWAYS the...
Well, for one I aint's good at catching tops and bottoms. On top of that if I counter trade, there is very less margin of profit taking left (if at all LOL) with lot more stress. I guess it's not worth it when you can trade with the trend and make more and be more relaxed.
And then there's other pairs meanwhile. For one UJ, as someone said in one of the forums "like fixed income"
Yeah plus, while there may be a little action on GU as the NY crowed wakes up (I think probably not much), tomorrow there is news for both the GBP and USD that might spark some actual clues as to what it want's to do next.
the thing about risk is true. but that's what you have to take to earn money in this business. talking abt 1.53 that looks a remote possibilty. I think today's low will cap downside. I am not even thinking about that as of now. I will long aggresively if 1.5512 is taken out. I don't see that coming till americans come in. rite now it will be stuck between 85-98
On what do you base this? Perhaps a chart? Or a little anaylisis to show us how/why you would make such a general claim? I've posted much the past two weeks on why I believe a "retracement" to the 5640/80ish area is possible from the 5450 area before a drop to at "least" 5300 and then perhaps below.
On another note, why would it be "nice to take out some shorters of this forum"? Do you not like folks who sell?
Not "shouting" it but still "seeing" it.
EDIT: OK, I get it now and you need not reply. I see by this post
It was...
On what do you base this? Perhaps a chart? Or a little anaylisis to show us how/why you would make such a general claim? I've posted much the past two weeks on why I believe a "retracement" to the 5640/80ish area is possible from the 5450 area before a drop to at "least" 5300 and then perhaps below.
On another note, why would it be "nice to take out some shorters of this forum"? Do you not like folks who sell?
Not "shouting" it but still "seeing" it.
EDIT: OK, I get it now and you need not reply. I see by this post
It was...
Natchi I log in specially for you, one of your last miserable posts before you get banned from FF was wining about not trading this stupid pair now you are a "pound trader" and calling people idiots straight away after making new user name.....
I will be watching your sorry ass, you better behave.
.... 
