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Cable Update (GBPUSD)

  • #346,501
  • Sep 6, 2013 6:42am Sep 6, 2013 6:42am
Quoting Ambar
{quote} Would you please explain me the indicators that belong to red line and blue line, where you sold yesterday?? From your H1 last chart
Do you mean #3150935 sell and #3150935 sl?

The number is the order number of my trade. Sell is my entry (Green line) and SL is my Stop Loss (Red line) so I have already locked in profit for this trade as with NFP, anything can happen...
  • #346,502
  • Sep 6, 2013 6:55am Sep 6, 2013 6:55am
Nice fake rise to get people on the long, heading south now from 5590 to take out daily support on nfp release
  • #346,503
  • Sep 6, 2013 7:00am Sep 6, 2013 7:00am
Quoting mrfigure
Nice fake rise to get people on the long, heading south now from 5590 to take out daily support on nfp release
Well the GBPUSD is kind of ready to tank... but i think the good NFP may have a very dimmed effect on EURUSD given how much EURUSD has fallen into oversold conditions....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #346,504
  • Sep 6, 2013 7:02am Sep 6, 2013 7:02am
Quoting samiru
{quote} scalped 20 from the first.must say i have little doubt we would see new lows most espesially after the decissive break of 5457 and fact that the market holding the 1-factor(5418) to 5378 is standing on thin air. so where exactly the turn will happen is very tricky to me right now cus i have so many valid prices/points. 5591(currently tested) 5628-37 5664-8 5705 anyone really can hold but i have decided to patiently wait to play the last two to minimize risk,if i miss the move i lose nothing.
my 5664 s looks good for now anyway..
but the 5572 temporary low seem to want the 5668 again.i think the 5666 high was well taking so i see no reason why they would want to visit it again;however the 5666 has an x-factor at 5625 which will do,maybe thats all its about.
now i decided would stick to my s and draw another a smaller limit s at 5625 with 5640 sl. GL to all
  • #346,505
  • Sep 6, 2013 7:22am Sep 6, 2013 7:22am
buckle up your seat belts
  • #346,506
  • Sep 6, 2013 7:24am Sep 6, 2013 7:24am
If 20+ pips down break the 2 months channel.
  • #346,507
  • Sep 6, 2013 7:25am Sep 6, 2013 7:25am
Quoting dexter393
buckle up your seat belts
Depending on data, I believe the sell orders are between 1.5594-1.5604 and the buy orders are between 1.5554-1.5564, so price will fake spike to one of these areas first before seeing true direction.
  • #346,508
  • Sep 6, 2013 7:37am Sep 6, 2013 7:37am
Quoting bbakker
{quote} Depending on data, I believe the sell orders are between 1.5594-1.5604 and the buy orders are between 1.5554-1.5564, so price will fake spike to one of these areas first before seeing true direction.
1.5562 it was with buy orders and price stopped me out with 0.9 pips slippage which is not bad under these conditions...

So, NFP came in lower but total unemployment was 0.1% lower. Mixed bag and now hitting those sell orders just below 1.57.

I am out of here... Have a great weekend!
  • #346,509
  • Sep 6, 2013 7:37am Sep 6, 2013 7:37am
Quoting samiru
{quote} my 5664 s looks good for now anyway.. but the 5572 temporary low seem to want the 5668 again.i think the 5666 high was well taking so i see no reason why they would want to visit it again;however the 5666 has an x-factor at 5625 which will do,maybe thats all its about. now i decided would stick to my s and draw another a smaller limit s at 5625 with 5640 sl. GL to all
flat and waiting 5705
  • #346,510
  • Sep 6, 2013 7:38am Sep 6, 2013 7:38am
AAAARRRGGGG!!!! Cable is one mean son of a B.....h!!!! bought at 1.5593 and 1.5572 and my target of 1.5676 just got taken out with RAGE!!!
  • #346,511
  • Sep 6, 2013 7:42am Sep 6, 2013 7:42am
Hi bbakker, i'm relatively new to this forum can you tell me where you get that data form, regarding open and closing prices, shorts and longs.

Thanks in advance

MP
  • #346,512
  • Sep 6, 2013 7:42am Sep 6, 2013 7:42am
Quoting Makavell
AAAARRRGGGG!!!! Cable is one mean son of a B.....h!!!! bought at 1.5593 and 1.5572 and my target of 1.5676 just got taken out with RAGE!!!
He he nice one
Ever seen a currency "tank" north before?
lol...
Come with me if you want to live....
  • #346,513
  • Sep 6, 2013 7:44am Sep 6, 2013 7:44am
Quoting dexter393
buckle up your seat belts
Enjoy the ride ?
Come with me if you want to live....
  • #346,514
  • Sep 6, 2013 7:46am Sep 6, 2013 7:46am
Strong knee-jerk upside react on the U.s NFP etc release (don't ask me why ? - risk on ?)...anyways, above current hi Daily R2 and weekly R2 leading up to that previous 4hr/daily/minor weekly swing hi @ 5716...this at bottom of that previous daily/weekly/minor monthly swing hi to 5751...

G/L
ex member
  • #346,515
  • Sep 6, 2013 7:47am Sep 6, 2013 7:47am
Quoting mrfigure
Nice fake rise to get people on the long, heading south now from 5590 to take out daily support on nfp release
I'm thinking a fake down to get traders on the short?
Come with me if you want to live....
  • #346,516
  • Sep 6, 2013 7:49am Sep 6, 2013 7:49am
Nice for you to come off the fence and say what you think after the event. Thankfully i made profit prior to the spike.
  • #346,517
  • Sep 6, 2013 7:54am Sep 6, 2013 7:54am
I caught the short on the USD/JPY.. But holy cow.. Hope some of you guys caught that monster rally.. That could have padded your capital for some time >.<
Fall down 7 times, Stand up 8.
  • #346,518
  • Sep 6, 2013 7:54am Sep 6, 2013 7:54am
Quoting Ill-b-back
{quote} He he nice one Ever seen a currency "tank" north before? lol...

Happens all the time like freaking lightning!!! tonight is an example, after a ton of black weed and booze, guess whats gonna tank north Thank God its Friday!!!
  • #346,519
  • Sep 6, 2013 8:06am Sep 6, 2013 8:06am
Quoting mrfigure
Nice for you to come off the fence and say what you think after the event. Thankfully i made profit prior to the spike.
Off the fence? I've been long since early August.
I actually quoted you by accident sorry, I meant to quote the other guy who thought he could predict the market intra-day price action 30mins before NFP lol...
Pretty much one of the silliest things a trader could do in my opinion.
Come with me if you want to live....
  • #346,520
  • Sep 6, 2013 8:08am Sep 6, 2013 8:08am
Quoting Makavell
{quote} Happens all the time like freaking lightning!!! tonight is an example, after a ton of black weed and booze, guess whats gonna tank north Thank God its Friday!!!
he he, that sounds like fun
You got a partner though right?
Come with me if you want to live....
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