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Cable Update (GBPUSD)

  • #343,921
  • Jul 17, 2013 1:59am Jul 17, 2013 1:59am
i really hope it gets back up to 152!
i tried to catch a leg up but timed it horribly
now in red
  • #343,922
  • Jul 17, 2013 2:09am Jul 17, 2013 2:09am
but GU turn down again 150... keeps waiting...
  • #343,923
  • Jul 17, 2013 2:27am Jul 17, 2013 2:27am
Quoting flash4
i really hope it gets back up to 152! i tried to catch a leg up but timed it horribly now in red

This is a time to wait the mofo is basically doing everything to kill the trader that overtrades..this is the time to wait and not enter
  • #343,924
  • Jul 17, 2013 2:37am Jul 17, 2013 2:37am
G/M

yesterday's daily candle a hammer-bullish body that followed Monday's Pinbar candle on the same daily t/f...no upside follow thru (so far?) from those with price selling off from yesterday's Hi so far today....Daily S1 @/around the current daily lo.

1hr/4hr remain rangy (market general indecision ?) with daily see-ing a LH and HL as last 2 x fractal swing prints in it's general downtrend. Uk data at 0930am London.

G//L
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ex member
  • #343,925
  • Jul 17, 2013 2:39am Jul 17, 2013 2:39am
Quoting nAVIN2007
{quote} This is a time to wait the mofo is basically doing everything to kill the trader that overtrades..this is the time to wait and not enter
So true...
  • #343,926
  • Jul 17, 2013 2:48am Jul 17, 2013 2:48am
Quoting nAVIN2007
market is crazy..the move down..after news now this..no way to tell

Indeed crazy is the word today. This consolidation looks like it will only be shaken by some really huge news,
maybe till Bernanke testifies later.
  • #343,927
  • Jul 17, 2013 2:51am Jul 17, 2013 2:51am
Quoting nAVIN2007
{quote} This is a time to wait the mofo is basically doing everything to kill the trader that overtrades..this is the time to wait and not enter

Great insight was shared in nAVIN2007 post - take note. I said the same thing to some fellow traders that I am in a group with......thumbs up nAVIN2007
I don't trust any move - when you have profit...take it.
  • #343,928
  • Jul 17, 2013 3:31am Jul 17, 2013 3:31am
Quoting Faller
{quote} Great insight was shared in nAVIN2007 post - take note. I said the same thing to some fellow traders that I am in a group with......thumbs up nAVIN2007

thanks buddy..good figures
  • #343,929
  • Jul 17, 2013 3:35am Jul 17, 2013 3:35am
Quoting nAVIN2007
{quote} thanks buddy..good figures
How much will this buy is going to be ? I asssume upto 53
  • #343,930
  • Jul 17, 2013 3:37am Jul 17, 2013 3:37am
everything is green for sterling today
  • #343,931
  • Jul 17, 2013 3:41am Jul 17, 2013 3:41am
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If anything but...meh
  • #343,932
  • Jul 17, 2013 3:45am Jul 17, 2013 3:45am
strong upside reaction to Uk data continues recovery off daily s1 that had begun prior to it...vote for Qe goes from 2-0-7 to 0-0-9 with new Gvr Carney, probably on back of recent positive/encouraging data out of Uk. 50% 5676-4811 & Daily R2 at/around current daily hi. Range on 1hr/4hr broken to upside - will we see some support on pullback ?

G/L
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ex member
  • #343,933
  • Jul 17, 2013 3:53am Jul 17, 2013 3:53am
Quoting nclabz
{quote} How much will this buy is going to be ? I asssume upto 53

well based on candles this can go up quite a bit..we were basing at 1.51 for ages..if this area holds it should act as a barrier raising price
  • #343,934
  • Jul 17, 2013 3:53am Jul 17, 2013 3:53am
Quoting eitan1010
{quote} u goes against the trend?... did u check eu chart?
Did i go against the trend ? no right... im just sharing with what i feel is right the market is heading to...
  • #343,935
  • Jul 17, 2013 3:59am Jul 17, 2013 3:59am
44 pips in profit.
That's why I LOVE trading the news.
Have a great one boys and girls
  • #343,936
  • Jul 17, 2013 4:04am Jul 17, 2013 4:04am
Quoting petrov
44 pips in profit. That's why I LOVE trading the news. Have a great one boys and girls

Don't be another FXMasterMind - we have not heard from him when he posted a self pat on the back post -

Be humble.......trading the news is risky and pretty much a gamble -

Enjoy the profits....but be humble.

Faller.
I don't trust any move - when you have profit...take it.
  • #343,937
  • Jul 17, 2013 4:11am Jul 17, 2013 4:11am
Quoting Faller
{quote} Don't be another FXMasterMind - we have not heard from him when he posted a self pat on the back post - Be humble.......trading the news is risky and pretty much a gamble - Enjoy the profits....but be humble. Faller.
  • #343,938
  • Jul 17, 2013 4:17am Jul 17, 2013 4:17am
Quoting Faller
{quote} Don't be another FXMasterMind - we have not heard from him when he posted a self pat on the back post - Be humble.......trading the news is risky and pretty much a gamble - Enjoy the profits....but be humble. Faller.
Of course I am. I'm very very careful... I've learned my lesson a while ago
Thanks for the post and have a great and successful trading day
  • #343,939
  • Jul 17, 2013 4:25am Jul 17, 2013 4:25am
Quoting ijan112
{quote} Did i go against the trend ? no right... im just sharing with what i feel is right the market is heading to...
hey buddy that post was pubished week ago that u said and highlight that price will reach 1.53xx area till last week end,hmmm but remind u last week end with 1.50xx area..

so please dont be smart now
when GOD brings you a challenge he also gives you the power to deal with it
  • #343,940
  • Jul 17, 2013 4:44am Jul 17, 2013 4:44am
GBPUSD stops taken out. Now I expect to see some retracement.
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