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Cable Update (GBPUSD)

  • #353,181
  • Nov 14, 2013 6:12am Nov 14, 2013 6:12am
GU H4 GMT+3

My view if close above monthly PP.... and then a perfect risk reward for huge falling...
Sorry for my english
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 110 KB
Anything is math!
  • #353,182
  • Nov 14, 2013 6:14am Nov 14, 2013 6:14am
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  • #353,183
  • Nov 14, 2013 6:26am Nov 14, 2013 6:26am
Quoting Ck87
Such a total fucking joke.

what did i miss?
  • #353,184
  • Nov 14, 2013 6:31am Nov 14, 2013 6:31am
Quoting nAVIN2007
{quote} what did i miss?
One last push up to get everyone on the elevator, one stop direct to the groundfloor all aboard TOD 13:30
  • #353,185
  • Nov 14, 2013 6:35am Nov 14, 2013 6:35am
Quoting RodMca
{quote} One last push up to get everyone on the elevator, one stop direct to the groundfloor all aboard TOD 13:30

what concerns me is every1 is short thats never good
  • #353,186
  • Nov 14, 2013 6:36am Nov 14, 2013 6:36am
Yeah, that's why this is happening I think, it's the only reason I can think of that GBP would keep going back up over and over. Gonna have to take profits quickly from now on or just stick to shorting AU and EU. This currency is ridiculous right now.
  • #353,187
  • Nov 14, 2013 6:41am Nov 14, 2013 6:41am
Quoting nAVIN2007
{quote} what concerns me is every1 is short thats never good
I think there is still room for the heavy ones in the lift, well at least I hope so! Unconfirmed reports that Carnage will up interest rates early nexy year causing a bounce, 38 pips? Not much of a bounce. Lets hope good USD data
  • #353,188
  • Nov 14, 2013 6:42am Nov 14, 2013 6:42am
Quoting Ck87
Yeah, that's why this is happening I think, it's the only reason I can think of that GBP would keep going back up over and over. Gonna have to take profits quickly from now on or just stick to shorting AU and EU. This currency is ridiculous right now.
Don't complain. This pair is moneymaker right now. Reacting almost to every s/r level.
  • #353,189
  • Nov 14, 2013 6:44am Nov 14, 2013 6:44am
Quoting RodMca
{quote} I think there is still room for the heavy ones in the lift, well at least I hope so! Unconfirmed reports that Carnage will up interest rates early nexy year causing a bounce, 38 pips? Not much of a bounce. Lets hope good USD data
i dont think he is that stupid..unless he want to go back to canada
  • #353,190
  • Nov 14, 2013 7:08am Nov 14, 2013 7:08am
free markets , sure.
  • #353,191
  • Nov 14, 2013 7:09am Nov 14, 2013 7:09am
That's what I'm afraid of... It always going the opposite direction when everyone is so sure of one way...
Now I'm not too sure anymore about my short....

Quoting nAVIN2007
{quote} what concerns me is every1 is short thats never good
  • #353,192
  • Nov 14, 2013 7:12am Nov 14, 2013 7:12am
Quoting grand_dra9on
That's what I'm afraid of... It always going the opposite direction when everyone is so sure of one way... Now I'm not too sure anymore about my short.... {quote}
Forget about shorting this pair, it's rigged to the upside , we should all be buying it
  • #353,193
  • Nov 14, 2013 7:16am Nov 14, 2013 7:16am
Quoting grand_dra9on
That's what I'm afraid of... It always going the opposite direction when everyone is so sure of one way... Now I'm not too sure anymore about my short.... {quote}
Mind games. What to do? Entered a trade and it went against me. When I close it I'm sure it goes right back there where I wanted. If I don't close it I'll surely get margin called. Sounds familiar?

Just have proper mind set, money management strategy and you'll be fine.
  • #353,194
  • Nov 14, 2013 7:28am Nov 14, 2013 7:28am
now we have JObs data coming..

i thought i might out this up here so that people like the guy whoi was talking to before do understand this a bit more

the consensus number you see was the result of a Poll of economist a month ago... and they take that poll and put it up as a consensus. but lot keeps changing during that poll and final result.. hence what it priced in is not actually 330K but something different... 330K is what they thought it would be after last months numbers were out...

so everything is dynamic..if whats priced in now is 250k then even 300K will disappoint!!!
  • #353,195
  • Nov 14, 2013 7:28am Nov 14, 2013 7:28am
Quoting nAVIN2007
{quote} i dont think he is that stupid..unless he want to go back to canada
Canada doesn't want him anymore.
If UK kicks him out, send him to Washington
Those who say it cannot be done should not interrupt those who are doing it
  • #353,196
  • Nov 14, 2013 7:29am Nov 14, 2013 7:29am
Quoting Ck87
{quote} Forget about shorting this pair, it's rigged to the upside , we should all be buying it
Yes please lead the retail crowd to buy it so I can sell it
Those who say it cannot be done should not interrupt those who are doing it
  • #353,197
  • Nov 14, 2013 7:32am Nov 14, 2013 7:32am
Quoting PipTrapper
{quote} Canada doesn't want him anymore. If UK kicks him out, send him to Washington
lol
  • #353,198
  • Nov 14, 2013 7:45am Nov 14, 2013 7:45am
Quoting PipTrapper
{quote} Yes please lead the retail crowd to buy it so I can sell it
My limit is waiting @ 1.6200.

How you doing buddy? I been so busy lately...this is first time in months I've had time to post and thought it appropriate to quote my Bud!
  • #353,199
  • Nov 14, 2013 7:47am Nov 14, 2013 7:47am
Quoting PipTrapper
{quote} Yes please lead the retail crowd to buy it so I can sell it
Good, I hope they take it to new highs
  • #353,200
  • Nov 14, 2013 7:55am Nov 14, 2013 7:55am
Quoting Gofer Pips
{quote} My limit is waiting @ 1.6200. How you doing buddy? I been so busy lately...this is first time in months I've had time to post and thought it appropriate to quote my Bud!
WooHoo. The Gofer is back!!!!!
I thought the aliens got you.
Those who say it cannot be done should not interrupt those who are doing it
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