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Cable Update (GBPUSD)

  • #350,881
  • Oct 28, 2013 10:16am Oct 28, 2013 10:16am
Quoting PatienceFx
pa struggling at day open, going short with tight stop {image}
booked
  • #350,882
  • Oct 28, 2013 10:46am Oct 28, 2013 10:46am
price starting to call my attention for a long -> but I'm not long yet as didn't like how things turned out after the bad US numbers, I wasn't expecting this retrace
  • #350,883
  • Oct 28, 2013 10:57am Oct 28, 2013 10:57am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m15-fxopen-investments-inc-2.png Size: 43 KB
  • #350,884
  • Oct 28, 2013 11:07am Oct 28, 2013 11:07am
Quoting Dapsychopath
{quote} hello..ok u nice-hearted guys can vouch me now. my levels will be updated from time to time. right now, it stays with 6138 then 6125. for proofing, please take a look at my levels since my last 3 posts.
Done with precise value without any vouch for me
next if it failed to drop below then 6125, we might go for another retest of 6177 before a major drop!
get a grip peeps!
  • #350,885
  • Oct 28, 2013 11:26am Oct 28, 2013 11:26am
Quoting Dapsychopath
{quote} Done with precise value without any vouch for me next if it failed to drop below then 6125, we might go for another retest of 6177 before a major drop! get a grip peeps!

how are u so good!!
  • #350,886
  • Oct 28, 2013 11:27am Oct 28, 2013 11:27am
Quoting Dapsychopath
{quote} Done with precise value without any vouch for me next if it failed to drop below then 6125, we might go for another retest of 6177 before a major drop! get a grip peeps!
Vouches mean nothing. Less is more.

Regards
  • #350,887
  • Oct 28, 2013 11:29am Oct 28, 2013 11:29am
Quoting Dapsychopath
Done with precise value without any vouch for me next if it failed to drop below then 6125, we might go for another retest of 6177 before a major drop! get a grip peeps!
Quoting nAVIN2007
how are u so good!!

yep, there is value in attending this forum, there are some good fella here...
  • #350,888
  • Oct 28, 2013 11:45am Oct 28, 2013 11:45am
just got long at 1.6135 for a quick buck, very wary of the strong bear force going on.
  • #350,889
  • Oct 28, 2013 12:04pm Oct 28, 2013 12:04pm
http://www.reuters.com/article/2013/...99J02S20131020 <---- will GBP increase the Official Bank Rate (interest rate) to <2% on 7.nov ?
  • #350,890
  • Oct 28, 2013 12:18pm Oct 28, 2013 12:18pm
Quoting 0nlyProfit
http://www.reuters.com/article/2013/...99J02S20131020 <---- will GBP increase the Official Bank Rate (interest rate) to <2% on 7.nov ?
If/When inflation creeps up above 3.5%, then would be a good time to start speculating a BOE rate increase, unless the unemployment rate falls towards 7% first.
Those who say it cannot be done should not interrupt those who are doing it
  • #350,891
  • Oct 28, 2013 12:19pm Oct 28, 2013 12:19pm
Quoting TauTrader
{quote} Vouches mean nothing. Less is more. Regards
but... you just killed my confidence
Don't have an ego. Always question yourself and your ability.
  • #350,892
  • Oct 28, 2013 12:25pm Oct 28, 2013 12:25pm
Quoting PipTrapper
{quote} If/When inflation creeps up above 3.5%, then would be a good time to start speculating a BOE rate increase, unless the unemployment rate falls towards 7% first.

BoE's Miles says would be "pretty catastrophic" to raise interest rates before unemployment down by meaningful amount
Those who say it cannot be done should not interrupt those who are doing it
  • #350,893
  • Oct 28, 2013 12:38pm Oct 28, 2013 12:38pm
My box broke South
short GC 6860 2x
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.h1.png Size: 33 KB
In trading, you have to be defensive and aggressive at the same time
  • #350,894
  • Oct 28, 2013 12:45pm Oct 28, 2013 12:45pm
Quoting nAVIN2007
{quote} how are u so good!!
im not good my brother. u r better. mine is just a simple fibo n some others perhaps. cheers!
  • #350,895
  • Oct 28, 2013 12:46pm Oct 28, 2013 12:46pm
Quoting TauTrader
{quote} Vouches mean nothing. Less is more. Regards
ya i was joking. hv a nice trade tau brother!
  • #350,896
  • Oct 28, 2013 12:57pm Oct 28, 2013 12:57pm
Quoting KillerWhale
{quote} You call that smart? let it go 370 pips against you without taking profit?
I have had zero draw down since opening my trade, I could pull out 1000 pips on this! Im not going to close a trade at just over 300 pips just because we are consolidating a bit. Trend is still young!
All posts are my personal opinion
  • #350,897
  • Oct 28, 2013 12:59pm Oct 28, 2013 12:59pm
Hi folks I have been in the business since 2011 but later chilled out 'cause of big loss but now am back and I believe for good. Please can someone be kind enough to teach me the way to use the fundamental analysis ?
  • #350,898
  • Oct 28, 2013 1:11pm Oct 28, 2013 1:11pm
Daily chart GU .... in consolidation to go down

http://i43.tinypic.com/2m2tmdy.jpg
  • #350,899
  • Oct 28, 2013 1:26pm Oct 28, 2013 1:26pm
Analysis from the weekend going good so far, looking for a test of the green line where I plan to offload my current long position. If it goes to the top blue line it is time to short.

Attached Image
  • #350,900
  • Oct 28, 2013 1:27pm Oct 28, 2013 1:27pm
This has just turned MEGA bullish via my system.... 1.6124 support line perfectly rejected.... as long as that holds good bye bears.
Loser trying to become a winner!
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