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Cable Update (GBPUSD)

  • #342,861
  • Jun 18, 2013 6:26am Jun 18, 2013 6:26am
Quoting Bones
maybe short ,50 pip stop ,200 target ? {quote}
Short @ 5589? or did you mean long with a 50 pip stop, 200 pip target?
  • #342,862
  • Jun 18, 2013 6:26am Jun 18, 2013 6:26am
Quoting Bones
not today {quote}
LOL.....
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  • #342,863
  • Jun 18, 2013 6:33am Jun 18, 2013 6:33am
Quoting albchr
OK wtf? This is weird. I just looked at my SIGTrader demo and it seems to have closed all my trades on it's own?? Had two GU shorts and that Gold short I've been holding for 1350 and they are gone?? DAM!! Glad it's only a demo but that pisses me off! {image} {image}
That's good Chris because you want to go long on GU here anyway ;P
  • #342,864
  • Jun 18, 2013 6:38am Jun 18, 2013 6:38am
Quoting bbakker
{quote} That's good Chris because you want to go long on GU here anyway ;P
lol...not long term. But it's never good that a platform (broker) takes over your trades man. Had this been a live account I'd be on the phone raising some cane right now. I still might even though it's demo. I mean what, they said "OK, that's enough profit for you so we're closing them out"?
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  • #342,865
  • Jun 18, 2013 6:41am Jun 18, 2013 6:41am
Quoting albchr
{quote} lol...not long term. But it's never good that a platform (broker) takes over your trades man. Had this been a live account I'd be on the phone raising some cane right now. I still might even though it's demo. I mean what, they said "OK, that's enough profit for you so we're closing them out"?

dude its a demo..it resets..its a prompt that they want an account..all demo's generally reset
  • #342,866
  • Jun 18, 2013 6:45am Jun 18, 2013 6:45am
Quoting nAVIN2007
{quote} dude its a demo..it resets..its a prompt that they want an account..all demo's generally reset
Really? That's news to me. I've never had one do that before. Interesting. Where did you get this info bro?
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  • #342,867
  • Jun 18, 2013 6:47am Jun 18, 2013 6:47am
Quoting Bones
maybe short ,50 pip stop ,200 target ? {quote}
I'm coming for your SL ;P

First barrier is 1.5649 but I think us bulls can take that
  • #342,868
  • Jun 18, 2013 6:48am Jun 18, 2013 6:48am
Quoting albchr
{quote} Really? That's news to me. I've never had one do that before. Interesting. Where did you get this info bro?

i have had many demo account infact the lfx thing has reset on me many times
  • #342,869
  • Jun 18, 2013 6:48am Jun 18, 2013 6:48am
Quoting albchr
{quote} Really? That's news to me. I've never had one do that before. Interesting. Where did you get this info bro?
Some do, some down. Best to trade with a small account first to get a feeling for the broker as the demo platforms generally are not the same as the live platforms.
  • #342,870
  • Jun 18, 2013 6:49am Jun 18, 2013 6:49am
Quoting nAVIN2007
{quote} i have had many demo account infact the lfx thing has reset on me many times
Just not fair! ...
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  • #342,871
  • Jun 18, 2013 6:52am Jun 18, 2013 6:52am
Quoting bbakker
{quote} Some do, some down. Best to trade with a small account first to get a feeling for the broker as the demo platforms generally are not the same as the live platforms.
Yes, now that I have seen before. The ole bait and switch. lol
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  • #342,872
  • Jun 18, 2013 6:54am Jun 18, 2013 6:54am
Quoting albchr
As much as I am short biased "overall", we can't ignore the SR at 5606 (50%) as pretty strong. As of now it's support and until we see a significant break and hold below that, it will likely bounce up yet again and that ranging will continue. I do believe the rollover has started but only time will tell for sure. Just my 2 cents. {image} {image}
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  • #342,873
  • Jun 18, 2013 6:56am Jun 18, 2013 6:56am
Quoting albchr
{quote} Yes, now that I have seen before. The ole bait and switch. lol
LOL

Just saw my response... Some do, some down???? I meant some do, some don't, but I am sure you knew that.
  • #342,874
  • Jun 18, 2013 7:02am Jun 18, 2013 7:02am
Quoting bbakker
{quote} LOL Just saw my response... Some do, some down???? I meant some do, some don't, but I am sure you knew that.
LOL...yep! If I traded as well as I type, I'd be in very BIG trouble!
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  • #342,875
  • Jun 18, 2013 7:05am Jun 18, 2013 7:05am
Quoting albchr
{quote}


Plus h1 200sma and sloping trendline to make it trumpet pattern... (inverse pennant... whatever you like to call it... maybe I should post a chart... LOL)

How many confluences does one need???

Higher timeframes still show consolidation...

Market sentiment is currently not favouring the $

Finally at 1.5606 (my entry) it was a basement bargain... LOL
  • #342,876
  • Jun 18, 2013 7:10am Jun 18, 2013 7:10am
Quoting bbakker
{quote} I'm coming for your SL ;P First barrier is 1.5649 but I think us bulls can take that
Oops... got that wrong!

1.5632 and then 1.5662 are the intraday resistance lines now.
  • #342,877
  • Jun 18, 2013 7:13am Jun 18, 2013 7:13am
Quoting bbakker
{quote} Plus h1 200sma and sloping trendline to make it trumpet pattern... (inverse pennant... whatever you like to call it... maybe I should post a chart... LOL) How many confluences does one need??? Higher timeframes still show consolidation... Market sentiment is currently not favouring the $ Finally at 1.5606 (my entry) it was a basement bargain... LOL
I'll post it for ya bro. Red 200ema, green 200 sma. Sentiment toward the $ is my biggest concern about GU falling further.....(anytime soon)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 32 KB
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  • #342,878
  • Jun 18, 2013 7:17am Jun 18, 2013 7:17am
Quoting albchr
{quote} I'll post it for ya bro. Red 200ema, green 200 sma. Sentiment toward the $ is my biggest concern about GU falling further.....(anytime soon) {image}
We shall see but I have to agree... sentiment is getting top heavy against the $.
  • #342,879
  • Jun 18, 2013 7:20am Jun 18, 2013 7:20am
Quoting Bones
not today {quote}
Did you hit that sell button again.. LOL
  • #342,880
  • Jun 18, 2013 7:23am Jun 18, 2013 7:23am
Quoting bbakker
{quote} We shall see but I have to agree... sentiment is getting top heavy against the $.
Yeah, for me I'd like see today's daily close below the 50% by a good amount. I think it has a shot at this point and that would make me feel better about my underwater short positions.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 46 KB
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