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Cable Update (GBPUSD)

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  • Post #344,601
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  • Aug 2, 2013 9:21am Aug 2, 2013 9:21am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 6,601 Posts
go go go go add long full lot go go

Discussion Group at Telegram: ParisVanJafaThread
  • Post #344,602
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  • Aug 2, 2013 9:22am Aug 2, 2013 9:22am
  •  4rextrader
  • | Joined Aug 2011 | Status: conceive and believe to achieve | 342 Posts
Quoting Makavell
Disliked
{quote} if you really need others to tell you youre screwed, then somthins definitely wrong with dat!
Ignored
Im not screwed, i know im not. Cuz i follow my charts. If it tells me to get ou, i will. Jus was interested to see whom if any tradeers r short
  • Post #344,603
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  • Aug 2, 2013 9:38am Aug 2, 2013 9:38am
  •  irongoose
  • | Joined May 2013 | Status: Member | 1,210 Posts
To think I almost shorted the pound last night, I guess this is why I close all trades before the big time news events like this ,because they've become nothing more then stop loss hunting events.

Plus it seems that most of the time now the numbers are mixed.......leaving traders wondering if they guessed right and whether or not they should hold that trade or close it!!

I guess I like trading more then gambling. <--------- This little guy loves gamblers.
  • Post #344,604
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  • Aug 2, 2013 9:42am Aug 2, 2013 9:42am
  •  Red Alert
  • | Joined Mar 2012 | Status: Member | 730 Posts
Quoting pipsclip
Disliked
market is going crazy...
Ignored
No..no...no...this is what we named a PARTY.....
and to be honest, I hate to not join this party ........congratulation for all trader with "sixth sense" here and harvesting the green pips easily....
  • Post #344,605
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  • Aug 2, 2013 9:58am Aug 2, 2013 9:58am
  •  OMGtrader
  • | Joined Jul 2011 | Status: Market Junkie | 693 Posts
pending how the cable closes today. Weekly still showing bearish engulfing.
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Trade what you see, not what you think!
  • Post #344,606
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  • Aug 2, 2013 10:04am Aug 2, 2013 10:04am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,137 Posts
Quoting OMGtrader
Disliked
pending how the cable closes today. Weekly still showing bearish engulfing. {image}
Ignored
but it does indicate a wick to buy from..i think
  • Post #344,607
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  • Aug 2, 2013 10:05am Aug 2, 2013 10:05am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 6,601 Posts
bro just to close weekly ... imho
Quoting nAVIN2007
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{quote} but it does indicate a wick to buy from..i think
Ignored
Discussion Group at Telegram: ParisVanJafaThread
  • Post #344,608
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  • Aug 2, 2013 10:21am Aug 2, 2013 10:21am
  •  irongoose
  • | Joined May 2013 | Status: Member | 1,210 Posts
Here is what the GBP/USD looks like on the Daily chart, whether or not it forms a Bearish ABCD pattern or a Bearish Crab is a little off in the future,but never the less this little move up hasn't canceled out the possibility of that happening in the long run and well worth keeping an eye on.
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  • Post #344,609
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  • Aug 2, 2013 10:23am Aug 2, 2013 10:23am
  •  Darkforce
  • | Joined Feb 2011 | Status: Member | 1,236 Posts
Another few hours to go, who knows where the weekly gonna close at? We are only about 30 pips from last weeks open, that's not too far to reach
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  • Post #344,610
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  • Aug 2, 2013 10:25am Aug 2, 2013 10:25am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 6,601 Posts
just focus on your 88.6 . could be lower but who knows... once there is false break on that level... forget D point....
Quoting irongoose
Disliked
Here is what the GBP/USD looks like on the Daily chart, whether or not it forms a Bearish ABCD pattern or a Bearish Crab is a little off in the future,but never the less this little move up hasn't canceled out the possibility of that happening in the long run and well worth keeping an eye on. {image}
Ignored
Discussion Group at Telegram: ParisVanJafaThread
  • Post #344,611
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  • Aug 2, 2013 10:39am Aug 2, 2013 10:39am
  •  inpatient
  • | Joined Dec 2011 | Status: Rags to riches | 1,316 Posts
just woke up and charts are all over the place. Oil shorts grabbed me 4% so im happy.

Surprised to see some experienced guys entering trades right now, surely this is just choppy water people?

I asked yesterday if anyone seen Albchr or know him in the real world? Not like him to be awol for so long?
Money never sleeps...
  • Post #344,612
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  • Aug 2, 2013 10:41am Aug 2, 2013 10:41am
  •  irongoose
  • | Joined May 2013 | Status: Member | 1,210 Posts
Quoting iqyu5an
Disliked
just focus on your 88.6 . could be lower but who knows... once there is false break on that level... forget D point.... {quote}
Ignored
Note: I meant a Bullish ABCD pattern not a Bearish.


So what you're saying is because we will be looking at a Bullish ABCD pattern if the .886 fails go long around .886 and don't sweet it if it keeps going south a little bit?
  • Post #344,613
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  • Aug 2, 2013 10:44am Aug 2, 2013 10:44am
  •  iNSIELD
  • | Joined Mar 2012 | Status: Member | 638 Posts
1.53061 may be last hope for bears
  • Post #344,614
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  • Aug 2, 2013 10:48am Aug 2, 2013 10:48am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,137 Posts
Quoting inpatient
Disliked
just woke up and charts are all over the place. Oil shorts grabbed me 4% so im happy. Surprised to see some experienced guys entering trades right now, surely this is just choppy water people? I asked yesterday if anyone seen Albchr or know him in the real world? Not like him to be awol for so long?
Ignored

he is a good guy but man ..he hasnt got a clue..worse thing is he is so head strong, he cant see his weakness
i hope where ever he is..he is ok.. i kinda miss him too
  • Post #344,615
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  • Aug 2, 2013 10:51am Aug 2, 2013 10:51am
  •  Emanuel
  • | Joined Jun 2011 | Status: Member | 244 Posts
Quoting Ill-b-back
Disliked
{quote} Would you believe me if I told you I just shorted again at around 5235 and still looking for 5060 area? F#*k I can't watch, I'm off to bed... Night all
Ignored
I agree, it could be just a bleep! $1.50 seems reasonable to me.
  • Post #344,616
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  • Aug 2, 2013 10:52am Aug 2, 2013 10:52am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,137 Posts
Quoting Emanuel
Disliked
{quote} I agree, it could be just a bleep! $1.50 seems reasonable to me.
Ignored
nothing is a blimp..
  • Post #344,617
  • Quote
  • Aug 2, 2013 10:52am Aug 2, 2013 10:52am
  •  irongoose
  • | Joined May 2013 | Status: Member | 1,210 Posts
Quoting irongoose
Disliked
{quote} Note: I meant a Bullish ABCD pattern not a Bearish. So what you're saying is because we will be looking at a Bullish ABCD pattern if the .886 fails go long around .886 and don't sweet it if it keeps going south a little bit?
Ignored
There is an 235 pip difference between the .886 Fib level and the 1.272 level if the real out come is a Bullish ABCD pattern.
  • Post #344,618
  • Quote
  • Aug 2, 2013 10:54am Aug 2, 2013 10:54am
  •  Emanuel
  • | Joined Jun 2011 | Status: Member | 244 Posts
Quoting inpatient
Disliked
just woke up and charts are all over the place. Oil shorts grabbed me 4% so im happy. Surprised to see some experienced guys entering trades right now, surely this is just choppy water people? I asked yesterday if anyone seen Albchr or know him in the real world? Not like him to be awol for so long?
Ignored
Indeed, the daily charts seem to indicate dollar preference across the board. The water is certainly choppy, wouldn't be too discouraged! It's still summer, we need the big guys to give us some stability.
  • Post #344,619
  • Quote
  • Aug 2, 2013 10:54am Aug 2, 2013 10:54am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 6,601 Posts
entering resistance zone.. gonna watch carefully around this zone... tic toc
Discussion Group at Telegram: ParisVanJafaThread
  • Post #344,620
  • Quote
  • Aug 2, 2013 10:56am Aug 2, 2013 10:56am
  •  Emanuel
  • | Joined Jun 2011 | Status: Member | 244 Posts
Quoting nAVIN2007
Disliked
{quote} nothing is a blimp..
Ignored
Your face certainly is ! Yes there are, I've witnessed them.
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