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Help Me Establish The GbpUsd After Dinner Club 40 replies

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The Club!

  • #11,921
  • Nov 20, 2013 9:02am Nov 20, 2013 9:02am
Quoting kbmoonshinex
6165 cable short
Cable is nasty to shorts today it seems.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,922
  • Nov 20, 2013 9:03am Nov 20, 2013 9:03am
Quoting kbmoonshinex
6165 cable short
wait for 210
69
  • #11,923
  • Nov 20, 2013 9:06am Nov 20, 2013 9:06am
Quoting Likerty
{quote} wait for 210
my sl is just 6179. on daily i see 6240
looking for investors . pm me
  • #11,924
  • Nov 20, 2013 9:11am Nov 20, 2013 9:11am
Quoting PipTrapper
{quote} It already reached 3579 on my charts. Is that not close enough? Anyway, I still feel it may hit 3630, but it has to do it before the FOMC minutes are released. Maybe at or after the London Fix?
No, because that was yesterday at rollover ... was just a short squeeze move ... and count .. you still NEED one more upmove to complete, that move should end 1.3583-1.3614.

They will probably ve done drop, by drop after London Close till 1.3583-1.3596 ... then sudlenly up to catch '1.36xx' 'breakovers' ... bull trap ... fomc release ... and BANG!!!!!!!!!!!!!
  • #11,925
  • Nov 20, 2013 9:12am Nov 20, 2013 9:12am
Quoting PipTrapper
{quote} Cable is nasty to shorts today it seems.
Cable is No. 1 sucker, at least to me... LOL
  • #11,926
  • Nov 20, 2013 9:18am Nov 20, 2013 9:18am
Quoting rbetancor
{quote} No, because that was yesterday at rollover ... was just a short squeeze move ... and count .. you still NEED one more upmove to complete, that move should end 1.3583-1.3614. They will probably ve done drop, by drop after London Close till 1.3583-1.3596 ... then sudlenly up to catch '1.36xx' 'breakovers' ... bull trap ... fomc release ... and BANG!!!!!!!!!!!!!
Yep. Makes sense. Those shorts have to be wiped out.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,927
  • Nov 20, 2013 9:21am Nov 20, 2013 9:21am
now closed cable 6150
looking for investors . pm me
  • #11,928
  • Nov 20, 2013 9:24am Nov 20, 2013 9:24am
Quoting andexQ
{quote} Cable is No. 1 sucker, at least to me... LOL
Ah.. not sucker anymore.
  • #11,929
  • Nov 20, 2013 9:25am Nov 20, 2013 9:25am
Quoting andexQ
{quote} Ah.. not sucker anymore.
ECB is saying that they are considering -0.1% deposit rate.
Who said negative deposit rates were impossible?
Those who say it cannot be done should not interrupt those who are doing it
  • #11,930
  • Nov 20, 2013 9:28am Nov 20, 2013 9:28am
Quote
Who said negative deposit rates were impossible?


Not me i was saying all from start that rate cut will happen when most people didnt agree with 0.25%


Anyways got nicely screwed over this USD news , -25 pips on EU long atm.
  • #11,931
  • Nov 20, 2013 9:30am Nov 20, 2013 9:30am
Quoting janpec1000
{quote} Not me i was saying all from start that rate cut will happen when most people didnt agree with 0.25% Anyways got nicely screwed over this USD news , -25 pips on EU long atm.
i got +10 and catch that one +50.
looking for investors . pm me
  • #11,932
  • Nov 20, 2013 9:33am Nov 20, 2013 9:33am
Quoting janpec1000
{quote} Not me i was saying all from start that rate cut will happen when most people didnt agree with 0.25% Anyways got nicely screwed over this USD news , -25 pips on EU long atm.
Maybe Nowotny will come out and say the ECB is not considering negative deposit rates and it will shoot up again.

Anyway, my question about who said negative deposit rates were impossible was a rhetorical one
In fact Bernanke once said it. Sorry I don't have a source document to quote, but I specifically remember him saying it at one time.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,933
  • Nov 20, 2013 9:33am Nov 20, 2013 9:33am
Quoting PipTrapper
{quote} ECB is saying that they are considering -0.1% deposit rate. Who said negative deposit rates were impossible?
so that's the trigger the move down..
  • #11,934
  • Nov 20, 2013 9:35am Nov 20, 2013 9:35am
Quoting rbetancor
{quote} No, because that was yesterday at rollover ... was just a short squeeze move ... and count .. you still NEED one more upmove to complete, that move should end 1.3583-1.3614. They will probably ve done drop, by drop after London Close till 1.3583-1.3596 ... then sudlenly up to catch '1.36xx' 'breakovers' ... bull trap ... fomc release ... and BANG!!!!!!!!!!!!!
Does this last move by the ECB jawboning change your view?
Those who say it cannot be done should not interrupt those who are doing it
  • #11,935
  • Nov 20, 2013 9:41am Nov 20, 2013 9:41am
9147 short usdchf
looking for investors . pm me
  • #11,936
  • Nov 20, 2013 9:44am Nov 20, 2013 9:44am
Quoting PipTrapper
{quote} Does this last move by the ECB jawboning change your view?
Yes ... because H1 trendline broken ... but you know ... they could still go up till 1.3614 and then drop like a stone ...

But whit this movement ... umm ... a retrace to 1.3518-1.3522 ... to retest the trendline ... and go ... all this week we have been playing the 'extensions' ... from H4 point of view ... as far as 1.3553 was crossed ... the sell could begin .. and that was Monday view ..
  • #11,937
  • Nov 20, 2013 9:46am Nov 20, 2013 9:46am
Well i am done for today, got screwed on some and some i lost due to not paying attention to lower tfs and charts at all, not to mention not reading and planning ahead of news calendar properly.
  • #11,938
  • Nov 20, 2013 9:48am Nov 20, 2013 9:48am
Why do i let people talk me out of trades? My setups were there but because of tight stop losses i lost 2%. If i would have stuck to my plan i would have gained 6%. That's an 8% swing. Never again do i let someone talk me out of good setups.
  • #11,939
  • Nov 20, 2013 9:49am Nov 20, 2013 9:49am
think we got it now...
Attached Image (click to enlarge)
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Don't have an ego. Always question yourself and your ability.
  • #11,940
  • Nov 20, 2013 9:51am Nov 20, 2013 9:51am
Quoting lonewolf1
Why do i let people talk me out of trades? My setups were there but because of tight stop losses i lost 2%. If i would have stuck to my plan i would have gained 6%. That's an 8% swing. Never again do i let someone talk me out of good setups.
Men ... Do always YOU setups ... study the graphs ... put you in and out points ... never let other people told you what you have to do.

If you win ... ok ... if you loss ... accept it and go to the next trade
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