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Cable Update (GBPUSD)

  • #355,541
  • Dec 6, 2013 11:50am Dec 6, 2013 11:50am
Quoting TauTrader
{quote} Here you go, kind sir {image}
Nice one, Tau......she must be a trader....

Have a great weekend!
Hear the music before the song is over ...
  • #355,542
  • Dec 6, 2013 11:52am Dec 6, 2013 11:52am
Quoting elbert3
{quote} i got short were i said i think we will havea small pull back few pips then short again i was watching the fight at the farm ?? on the hour chart it went up 1 candle with no follow throu so a waited were i have said for the last 3 days below the 200 sma and went short on a res line which happened to be on the pull back from yesterday at 76 fib i am still a little worried so came out at 1.6322 with nice profit just waiting now
don't need to wait, it almost the end of trading session, what's the point trading at time like this, right?.. let's start over next week..
  • #355,543
  • Dec 6, 2013 12:08pm Dec 6, 2013 12:08pm
I am short from the break of the trendline down, I got a little bit scared when it popped up. But, decide it to wait for the break of the upper trendline in conjuction with 100% retarcenet of weekly candle which was not even touched! buyer's were not able to push price beyond 1.6384 100% of weekly candle and now is forming a doji. As I stated I am short and looking for a good move down to pivot point 1.5854.
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  • #355,544
  • Dec 6, 2013 12:14pm Dec 6, 2013 12:14pm
Quoting A-speculator
{quote} don't need to wait, it almost the end of trading session, what's the point trading at time like this, right?.. let's start over next week..
I was thinking that the gov wont want the gbp ti high,mr cam is in china selling uk goods eg a 50k range rover at 1.65 or a range at 1.59 is 3500 k cheaper a RR phantom you would save 23k imagine how much you save on a airbus ?????? this is what happens to you mind candle watching have a good weekend you might come back to 1.6250 or 1.6410 then you will know the way lol
  • #355,545
  • Dec 6, 2013 12:16pm Dec 6, 2013 12:16pm
Good day to you,

Long again

All the best
  • #355,546
  • Dec 6, 2013 12:45pm Dec 6, 2013 12:45pm
Quoting e061578
I am short from the break of the trendline down, I got a little bit scared when it popped up. But, decide it to wait for the break of the upper trendline in conjuction with 100% retarcenet of weekly candle which was not even touched! buyer's were not able to push price beyond 1.6384 100% of weekly candle and now is forming a doji. As I stated I am short and looking for a good move down to pivot point 1.5854. {image}
yes i went the same way, i was ready to long at 1.6410 but for 3 days waiting for the move. lets hope we are right
  • #355,547
  • Dec 6, 2013 1:12pm Dec 6, 2013 1:12pm
I've been long all week.

And at the moment I'm down, but not by nearly as much as I'd thought I could be by now.

Looks like we will get a red candle print on the weekly. Will be interesting to see what next week brings.
  • #355,548
  • Dec 6, 2013 1:18pm Dec 6, 2013 1:18pm
Is it just me or are we staying right above the 200 day simple moving average?

1 hour chart.
  • #355,549
  • Dec 6, 2013 1:24pm Dec 6, 2013 1:24pm
Dear all,

have my short hold at 1.6299 with stop 1.6406
profits or loss its ok,as long cut your loss short and ride your profits


Thanks
  • #355,550
  • Dec 6, 2013 1:25pm Dec 6, 2013 1:25pm
Quoting Baggi
Is it just me or are we staying right above the 200 day simple moving average? 1 hour chart.
yes baggi if you read one of my annal posts i was in the move for 3 weeks and i hope this will be the same what about you??
  • #355,551
  • Dec 6, 2013 1:28pm Dec 6, 2013 1:28pm
Quoting DailyChart
Dear all, have my short hold at 1.6299 with stop 1.6406 profits or loss its ok,as long cut your loss short and ride your profits Thanks
hi after our chat i thought you were long ?
  • #355,552
  • Dec 6, 2013 1:30pm Dec 6, 2013 1:30pm
Quoting elbert3
{quote} hi after our chat i thought you were long ?
I have long and Take profits already,now have short
  • #355,553
  • Dec 6, 2013 1:41pm Dec 6, 2013 1:41pm
Quoting Baggi
Is it just me or are we staying right above the 200 day simple moving average? 1 hour chart.
you are reading it right mate.. that long wick tells us that quite a number of buyers holding at 6300 and not enough sellers to push it through.. weekly almost print out as doji but still unable to print or confirmed bears taking over yet.. wait for next week and perhaps during asian we can get retracement/consolidation at about 6330 area..
  • #355,554
  • Dec 6, 2013 1:42pm Dec 6, 2013 1:42pm
Quoting DailyChart
{quote} I have long and Take profits already,now have short
I am might close my short if we have daily close above 1.6345


Thanks
  • #355,555
  • Dec 6, 2013 1:44pm Dec 6, 2013 1:44pm
Quoting DailyChart
{quote} I have long and Take profits already,now have short
after the last profit i took a small position i was sick of waiting ...and i should know better i went short 1.6378 sold 1.6322 long there and just sold and gone short 1.6345 thats it now stop same place as youhope to see at least 1.6140 in a perfect world. thanks and have a nice weekend
  • #355,556
  • Dec 6, 2013 1:53pm Dec 6, 2013 1:53pm
Quoting elbert3
{quote} after the last profit i took a small position i was sick of waiting ...and i should know better i went short 1.6378 sold 1.6322 long there and just sold and gone short 1.6345 thats it now stop same place as youhope to see at least 1.6140 in a perfect world. thanks and have a nice weekend
I have the same position with u before several years ago,sick of waiting...but experience tell me,the fruit of waiting always sweet in the end - patient
  • #355,557
  • Dec 6, 2013 2:10pm Dec 6, 2013 2:10pm
Quoting elbert3
{quote} yes baggi if you read one of my annal posts i was in the move for 3 weeks and i hope this will be the same what about you??

I've been buying it up for the last three weeks, but when there are big moves up I get nervous and sell, then start buying small lots again.

Yes, I'm kicking myself.
  • #355,558
  • Edited 3:36pm Dec 6, 2013 3:21pm | Edited 3:36pm
Quoting TauTrader
{quote} Seriously? Where has all this fundamental jibber jabber brought you, young man.. You will come and go like a rash. Managed account my ass. Not happening - if so, start running Regards

great to see u doing so well mr T
  • #355,559
  • Dec 6, 2013 3:34pm Dec 6, 2013 3:34pm
Quoting PipTrapper
{quote} Hey Navin. Hope you enjoyed your holiday. Welcome back
thanks buddy ..nothing left to do other than wait for this mofo
hope u keeping well?
  • #355,560
  • Dec 6, 2013 5:20pm Dec 6, 2013 5:20pm
Quoting nAVIN2007
{quote} thanks buddy ..nothing left to do other than wait for this mofo hope u keeping well?
I'm always well... so far
Those who say it cannot be done should not interrupt those who are doing it
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