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Cable Update (GBPUSD)

  • #343,821
  • Jul 11, 2013 10:15am Jul 11, 2013 10:15am
Just sitting tight today, I don't see any low risk high reward set ups
  • #343,822
  • Jul 11, 2013 10:21am Jul 11, 2013 10:21am
Small bull flag still running , lets see
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #343,823
  • Jul 11, 2013 2:04pm Jul 11, 2013 2:04pm
I have no idea why this thing is on steroids.
It went up 80pips in 1hour or so
In trading, you have to be defensive and aggressive at the same time
  • #343,824
  • Jul 11, 2013 2:35pm Jul 11, 2013 2:35pm
Quoting Davit
I have no idea why this thing is on steroids. It went up 80pips in 1hour or so
  • #343,825
  • Jul 11, 2013 3:27pm Jul 11, 2013 3:27pm
Quoting FXMastermind
{quote} well in the money...SL @ BE.

tick tock....tick tock......I wonder how is that watch?

We have not seen you since you threw mud in someone's face........you could at least come back an apologize to sibajnok for your ignorant comments the other day.


Hope all are trading well -

Faller.
I don't trust any move - when you have profit...take it.
  • #343,826
  • Jul 11, 2013 3:33pm Jul 11, 2013 3:33pm
- Fibo Time Zone

- Regards
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  • #343,827
  • Jul 11, 2013 3:52pm Jul 11, 2013 3:52pm
Quoting fxtyrant
hmmm technicals are looking ready for a buying opportunity but 1.50 was one heck of a support and a round number which we've broken.... i have a pending long at 1.4905 waiting to be triggered to take profit at 1.5200 Stop Loss will the move up, the higher it moves up from 1.4905, the more i can walk away with even if it hits my SL... , then at 1.5200 ill begin loading a multi position short on the GBPUSD with the trend, the multi position is expected to end at 1.5500, so i am short GBPUSD below 1.5500 PS. be aware that i did say that i have a PENDING...
Sooo i took profit on my hedged long, so now im left with my 2 short positions from 1.56 and 1.57, not bad for a 300 pip retracement trade, quite surprise it went straight for my tp instead of trying to get my slowly adjusting higher sl hit....
nice 300 pip hedged trade profit, now im in neutral zone, wont begin to add shorts untili see the higher end of my 1.52-1.55 short zone
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #343,828
  • Jul 11, 2013 3:56pm Jul 11, 2013 3:56pm
Hello NAV. Have not posted for over four years now, but its good to see your still going strong. Had my fingers burnt way back on cable, but have come back in a new frame of mind. Will be doing a lot of following on this thread before I really start posting much more.
Would just like to say hi to all the guys that were posting on cable 4 years ago and hi to all the new guys. I hope that times have been good for you all and you have the pips to show for it. I expect there have been some bad times and some bad losses, such is the nature of forex. But maybe its not so much the nature of the beast but more the nature of the Trader. I can't blame cable for any of my losses, I can only blame myself for not sticking to my own rules. Mostly MM and only make a trade when there's a trade to be made. I wish you all the best and look forward to reading your future posts.
  • #343,829
  • Jul 11, 2013 4:03pm Jul 11, 2013 4:03pm
Quoting Chris_35
Hello NAV. Have not posted for over four years now, but its good to see your still going strong. Had my fingers burnt way back on cable, but have come back in a new frame of mind. Will be doing a lot of following on this thread before I really start posting much more. Would just like to say hi to all the guys that were posting on cable 4 years ago and hi to all the new guys. I hope that times have been good for you all and you have the pips to show for it. I expect there have been some bad times and some bad losses, such is the nature of forex....
hi buddy
good to see u back..i wish much fortune..nothing is set in stone and every trade u do is a probability..no matter what always approach this with mm in mind

be lucky my friend
  • #343,830
  • Jul 11, 2013 4:15pm Jul 11, 2013 4:15pm
Quoting nAVIN2007
{quote} hi buddy good to see u back..i wish much fortune..nothing is set in stone and every trade u do is a probability..no matter what always approach this with mm in mind be lucky my friend
Thank you Nav. I wish very good fortune for the future. I will be watching you

ps no more hedging
  • #343,831
  • Jul 11, 2013 4:17pm Jul 11, 2013 4:17pm
Quoting fxtyrant
{quote} Sooo i took profit on my hedged long, so now im left with my 2 short positions from 1.56 and 1.57, not bad for a 300 pip retracement trade, quite surprise it went straight for my tp instead of trying to get my slowly adjusting higher sl hit.... nice 300 pip hedged trade profit, now im in neutral zone, wont begin to add shorts untili see the higher end of my 1.52-1.55 short zone
I am trading something on your opposite.
- Hold my long from 149000, SL to BE, TP @ 15600 at this stage
- Hedge short @ round number 15200 with tight SL of 25 pips, small TP of 80 pips

GU formed double top in 1H TF, would see small retrace in short time.

In the other hand, Friday market behaviour would slow and prefer range trade rather than making new high or low. Let see
  • #343,832
  • Jul 11, 2013 4:17pm Jul 11, 2013 4:17pm
Quoting fxtyrant
{quote} Sooo i took profit on my hedged long, so now im left with my 2 short positions from 1.56 and 1.57, not bad for a 300 pip retracement trade, quite surprise it went straight for my tp instead of trying to get my slowly adjusting higher sl hit.... nice 300 pip hedged trade profit, now im in neutral zone, wont begin to add shorts untili see the higher end of my 1.52-1.55 short zone
Your 1.4905 pending long got triggered in that time?
Come with me if you want to live....
  • #343,833
  • Jul 11, 2013 4:24pm Jul 11, 2013 4:24pm
Quoting Ill-b-back
{quote} Your 1.4905 pending long got triggered in that time?
hmmmm very good Q..and very intresting if he will say yes...
when GOD brings you a challenge he also gives you the power to deal with it
  • #343,834
  • Jul 11, 2013 4:41pm Jul 11, 2013 4:41pm
update smaller moves up for now .5141/5 limit for up , breaks next should down 4950 /towards bottom.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #343,835
  • Jul 11, 2013 4:56pm Jul 11, 2013 4:56pm
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Never test the depth of water with both feet.
  • #343,836
  • Jul 11, 2013 4:57pm Jul 11, 2013 4:57pm
Quoting Ill-b-back
{quote} Your 1.4905 pending long got triggered in that time?
dont think so...!!!chart below will give u the answer
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when GOD brings you a challenge he also gives you the power to deal with it
  • #343,837
  • Jul 11, 2013 4:58pm Jul 11, 2013 4:58pm
Quoting Davit
I have no idea why this thing is on steroids. It went up 80pips in 1hour or so
US BB
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The More You Learn, The More You Earn.....
  • #343,838
  • Jul 11, 2013 5:37pm Jul 11, 2013 5:37pm
Quoting forexalien
{quote} US BB {image}

I saw that news but did not convince me minor news and in green numbers so it must be yesterday's Bernake bubbling about QE "delay" exit strategy.
I am short from 5127 -52 and pondering if I should take the loss as bad entry or wait....
This up move does not convince me fundamentally
In trading, you have to be defensive and aggressive at the same time
  • #343,839
  • Jul 11, 2013 5:55pm Jul 11, 2013 5:55pm
Quoting Ill-b-back
{quote} Your 1.4905 pending long got triggered in that time?
Yes my broker filled it
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #343,840
  • Jul 11, 2013 6:11pm Jul 11, 2013 6:11pm
Quoting fxtyrant
{quote} Yes my broker filled it
Ummmm....
Yeah ok mate, I believe you

lol.....
Come with me if you want to live....
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