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Cable Update (GBPUSD)

  • #349,881
  • Oct 22, 2013 8:00pm Oct 22, 2013 8:00pm
Quoting Baggi
Nevermind, I see it. Thursday. For some reason I thought the data was always released on a friday.
Government shutdown delayed it. The impact was suggested to be lower given how late it was and the next one right around the corner but apparently that wasn't the case.
  • #349,882
  • Oct 22, 2013 8:43pm Oct 22, 2013 8:43pm
Quoting Mr.C
{quote} Added one more cable short @ 1,6241. Might close the previous order when at least b/e will be reached. Both 1% risk positions. SLs on both orders @ 1,6270.
Second GU short from 1,6241 closed at +1. Done for today. Take care and trade safe guys!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #349,883
  • Oct 22, 2013 8:58pm Oct 22, 2013 8:58pm
We are coming up against that resistance once again.

Without news though, I don't see us breaking up through.
  • #349,884
  • Oct 22, 2013 9:01pm Oct 22, 2013 9:01pm
Given up shorts for now
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,885
  • Oct 22, 2013 9:14pm Oct 22, 2013 9:14pm
Quoting Baggi
We are coming up against that resistance once again. Without news though, I don't see us breaking up through.

I see it breaking through.
  • #349,886
  • Oct 22, 2013 9:16pm Oct 22, 2013 9:16pm
most of the usd majors have already break the supports/resistances of 2 years time-range.

But there is still one within such range.

Gbp-Usd!

Coming soon
  • #349,887
  • Oct 22, 2013 9:18pm Oct 22, 2013 9:18pm
Quoting KillerWhale
Given up shorts for now
why were you trying to short when market was going up? I don't understand?
Anything can happen in FOREX. There's no 100% sure
  • #349,888
  • Oct 22, 2013 9:36pm Oct 22, 2013 9:36pm
The market is consolidating, stay side line till completion.
Face both Win and Lose bravely
  • #349,889
  • Oct 22, 2013 9:37pm Oct 22, 2013 9:37pm
Quoting piptastic
{quote} why were you trying to short when market was going up? I don't understand?
Price was not going up when I shorted.
Just trying to catch the retrace, nothing more. I even had a few pips profit but I thought the retrace would be more.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,890
  • Oct 22, 2013 9:55pm Oct 22, 2013 9:55pm
The cycle of consolidation should be somewhere 1/2 day. Let see.
Face both Win and Lose bravely
  • #349,891
  • Oct 22, 2013 9:58pm Oct 22, 2013 9:58pm
Quoting bbmac
....good news for the bulls - on this site's trade explorer currently 77% of lots are short ! lol daily is below...candle not closed yet. G/L {image}
Found 4 Crazy Traders : 2 in Long & 2 in Short


They wanted to get rich quick and his dream fulfilled in an instant
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Always looking the GREAT, never left GOOD Point...
  • #349,892
  • Oct 22, 2013 10:16pm Oct 22, 2013 10:16pm
Quoting giveachance
I think most of you guys are short from 1.59-1.60 area. correct me if i am wrong?
Your estimation correct




Quoting forexalien
{quote} Never yell at the market....it might go against you.............
Wise Word
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Always looking the GREAT, never left GOOD Point...
  • #349,893
  • Oct 22, 2013 10:20pm Oct 22, 2013 10:20pm
Quoting JimmyC
{quote} No Sir, Just scalping to 1.365 for 20 (shameful I know but profitable) off -ve divergence

OK I see --- NP,

does anyone in this thread POSITION TRADE cable?

I do, and would like to share my analysis but I usually only post about Gold and Silver in my thread.

I can see that a lot of the A$$holes who used to post here are gone.

I also focus on AUSSIE/KIWI/SWISSY - other than AU and AG.

Cable is on the VERGE of a MAJOR resistance, should it break we can expect at least 300 to 500 pips.

Again I am NOT a day trader.............
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #349,894
  • Oct 22, 2013 10:25pm Oct 22, 2013 10:25pm
I position trade, or swing trade per say. Lot harder here in the US to position trade with leverage issues. However i do it on four hour and daily charts.
  • #349,895
  • Oct 22, 2013 10:29pm Oct 22, 2013 10:29pm
Quoting KillerWhale
{quote} Price was not going up when I shorted. Just trying to catch the retrace, nothing more. I even had a few pips profit but I thought the retrace would be more.
She moved UP... after you taken
Always looking the GREAT, never left GOOD Point...
  • #349,896
  • Oct 22, 2013 10:32pm Oct 22, 2013 10:32pm
Quoting Tsar
{quote} She moved UP... after you taken
Now I'm again short @ 1.6255 for retrace from 1.6258 double top, 2 pips in profit, stop 10 pips away
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,897
  • Oct 22, 2013 10:35pm Oct 22, 2013 10:35pm
Quoting sepuluh
mmhh... market sleep on the upstairs.......
Too early decision for SHORT

Take a Look @ Price 1.6262 first... Wait
Always looking the GREAT, never left GOOD Point...
  • #349,898
  • Oct 22, 2013 10:39pm Oct 22, 2013 10:39pm
Quoting KillerWhale
{quote} Now I'm again short @ 1.6255 for retrace from 1.6258 double top, 2 pips in profit, stop 10 pips away
Excellent move. I was visiting with family and my computer was off and my phone alerted me to me being stopped out. Went, loaded my computer to re establish a short position and it's already moved down 6+ pips.

Bah.
  • #349,899
  • Oct 22, 2013 11:17pm Oct 22, 2013 11:17pm
Quoting XTrade
{quote} OK I see --- NP, does anyone in this thread POSITION TRADE cable? I do, and would like to share my analysis but I usually only post about Gold and Silver in my thread. I can see that a lot of the A$$holes who used to post here are gone. I also focus on AUSSIE/KIWI/SWISSY - other than AU and AG. Cable is on the VERGE of a MAJOR resistance, should it break we can expect at least 300 to 500 pips. Again I am NOT a day trader.............
Hi XTrade,

You're WELCOME in Cable Update (GBPUSD) thread's

Give you analysis for Long Terms Trade


Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
  • #349,900
  • Oct 22, 2013 11:19pm Oct 22, 2013 11:19pm
Quoting Baggi
{quote} Excellent move. I was visiting with family and my computer was off and my phone alerted me to me being stopped out. Went, loaded my computer to re establish a short position and it's already moved down 6+ pips. Bah.
Lol I have stop @ be +5 already, can't go wrong here.
New voice message: Why are you calling me? If I need you, I'll call you!
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