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Cable Update (GBPUSD)

  • #356,361
  • Dec 18, 2013 6:51am Dec 18, 2013 6:51am
Quoting PoundTrader
i can tell when traders in this thread was on the wrong side of a trade because they all disappear, oh well more room for me to dance {image}
Nice Jive!
  • #356,362
  • Dec 18, 2013 6:58am Dec 18, 2013 6:58am
Quoting PoundTrader
i can tell when traders in this thread was on the wrong side of a trade because they all disappear, oh well more room for me to dance {image}
Is that why you were away so long?
  • #356,363
  • Dec 18, 2013 7:04am Dec 18, 2013 7:04am
Quoting TauTrader
{quote} Is that why you were away so long?

  • #356,364
  • Dec 18, 2013 7:40am Dec 18, 2013 7:40am
Round two! I will never change direction until I see the giants stop hunting which we are about to see I think.
  • #356,365
  • Dec 18, 2013 7:45am Dec 18, 2013 7:45am
Quoting deltaone
no pip outside the range 1,6349/1,6365 for 1 hour. waiting for a range-breakout.
closed my long. now i´m waiting for the fed in order make a bigger bet.
fortis fortuna adiuvat
  • #356,366
  • Dec 18, 2013 7:48am Dec 18, 2013 7:48am
Scalping short on the 5min - could be a few pips there..

Looking to again test a pattern on the indi.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 88 KB
  • #356,367
  • Dec 18, 2013 7:51am Dec 18, 2013 7:51am
Quoting Trader88q
While crowd of traders will hunt for easy money by shorting till the market maker will hunt the traders to long GU. I can say even if FED will taper the market maker again can turn GU up to 6500. So its hard to play in such conditions. Thats the core and main idea of market maker. He knows the rules he knows how crowd is thinking and always act oposite.
I say that yesterday at 6220. Here you are. Price rised because most of retail traders shorting GU. No easy money. Remember that. NO way.
  • #356,368
  • Dec 18, 2013 7:54am Dec 18, 2013 7:54am
Quoting Trader88q
Market makers very slowly dropping short positions by hitting back the GU up. They are very very slowlly going down. If u looking at chart from monday it looks like we are not going down but we do. Market maker will try to hit back to 6350- 6370 tomorow after Bernanke speech. Who knows what will be but the fear is so big cause all those october, november, december market maker fcuk the traders in the side corrections 6260-5855. And after hit 6469. That killed a lot of traders who shorted at 6300. Now very the same we are at 6300 and bloody market...
One more

Guys u dont learn from your mistakes. I see from trade list that all day traders is getting SL first in 6300 level then at 6350 -6360 are and i think they will continue to 6450 and only there u stupid faking heads will start to buy. LOL
  • #356,369
  • Dec 18, 2013 7:59am Dec 18, 2013 7:59am
I bow to the bulls well done i went to manage on the 1min chart were it was looking a bit choppy had stop 1.6377 let see if we can get back out .
  • #356,370
  • Dec 18, 2013 8:00am Dec 18, 2013 8:00am
Quoting Trader88q
{quote} One more Guys u dont learn from your mistakes. I see from trade list that all day traders is getting SL first in 6300 level then at 6350 -6360 are and i think they will continue to 6450 and only there u stupid faking heads will start to buy. LOL

Who stole the jam out of your doughnut
  • #356,371
  • Dec 18, 2013 8:02am Dec 18, 2013 8:02am
EU 30 min chart shows a long trade in the making

Regards
  • #356,372
  • Dec 18, 2013 8:02am Dec 18, 2013 8:02am
Quoting elbert3
{quote} If you put a fib on the day chart 1.64693 and 1.62093 it comes out 61.8 fib at 1.6370 what a nice surprise that would be with that i will move my stop to 1.6377 lets see what happens and what the tecs say good luck
Looks like we're heading for the 76.4/78.6 level at 1.6405/11 area
Those who say it cannot be done should not interrupt those who are doing it
  • #356,373
  • Dec 18, 2013 8:04am Dec 18, 2013 8:04am
Quoting testing3000
{quote} that will only happen if FOMC good news? otherwise, it will still go UP?
No necessarily. Taper or no taper, the cycle downwards is not done yet IMO. We still need to test 1.6120 - 1.6080 area. Of course it could happen next week, but happen it should. Call it unfinished business. Only a new 2013 high will invalidate it... for now.
Those who say it cannot be done should not interrupt those who are doing it
  • #356,374
  • Dec 18, 2013 8:08am Dec 18, 2013 8:08am
Quoting Trader88q
{quote} One more Guys u dont learn from your mistakes. I see from trade list that all day traders is getting SL first in 6300 level then at 6350 -6360 are and i think they will continue to 6450 and only there u stupid faking heads will start to buy. LOL
Oh come on. Be nice.
If the retail crowd was buying, your bull trades would be losing.
Those who say it cannot be done should not interrupt those who are doing it
  • #356,375
  • Dec 18, 2013 8:09am Dec 18, 2013 8:09am
Quoting Trader88q
{quote} One more Guys u dont learn from your mistakes. I see from trade list that all day traders is getting SL first in 6300 level then at 6350 -6360 are and i think they will continue to 6450 and only there u stupid faking heads will start to buy. LOL

Oh yeah. GU is going up and up until the big speech.
Take what the market gives you.
  • #356,376
  • Dec 18, 2013 8:10am Dec 18, 2013 8:10am
GU H4 GNT+3

Hopefully this moves mirrors the data of FOMC.
Last month Hi reached. If daily close above ~6412 add one more long!
Invalidation: close under ~63.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 86 KB
Anything is math!
  • #356,377
  • Dec 18, 2013 8:10am Dec 18, 2013 8:10am
Quoting littlecraig
{quote} Who stole the jam out of your doughnut
I think it was the bears in the last 6 sessions. They love jam

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #356,378
  • Dec 18, 2013 8:11am Dec 18, 2013 8:11am
1.64370 I see you very near
Take what the market gives you.
  • #356,379
  • Dec 18, 2013 8:13am Dec 18, 2013 8:13am
Quoting TauTrader
EU 30 min chart shows a long trade in the making Regards
Can u share ur IND?thanks
  • #356,380
  • Dec 18, 2013 8:14am Dec 18, 2013 8:14am
Quoting PipTrapper
{quote} Looks like we're heading for the 76.4/78.6 level at 1.6405/11 area
i thought your 1.670 was interesting thou, i was covering with asd usd shorts looking to go short again , it seems like there is a small delay on them pair moving with gbpusd, i am hoping when and if the gbp drops should see asd down to 8882have a look
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