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Cable Update (GBPUSD)

  • #358,061
  • Jan 10, 2014 9:02am Jan 10, 2014 9:02am
Quoting reclude82
{quote} ok, sir, i hope it's gonna work
Sir,

These shorts work. I'm quite confident..

Let us see..

Regards
  • #358,062
  • Jan 10, 2014 9:03am Jan 10, 2014 9:03am
Quoting TauTrader
{quote} Sir, These shorts work. I'm quite confident.. Let us see.. Regards
ok, i'm more than curious )
  • #358,063
  • Jan 10, 2014 9:05am Jan 10, 2014 9:05am
looks like its going up to me.
  • #358,064
  • Jan 10, 2014 9:06am Jan 10, 2014 9:06am
Quoting TauTrader
{quote} Sir, These shorts work. I'm quite confident.. Let us see.. Regards

and why 1,6175?
  • #358,065
  • Jan 10, 2014 9:11am Jan 10, 2014 9:11am
Quoting reclude82
{quote} and why 1,6175?
That's a very good question. I don't see that price anywhere in the realm of probabilities any time soon. Possibly yes, but probably not.
Those who say it cannot be done should not interrupt those who are doing it
  • #358,066
  • Jan 10, 2014 9:12am Jan 10, 2014 9:12am
Quoting reclude82
{quote} and why 1,6175?
That is a level calculated from CME data - in fact, you can add 1.6000 as well. Both will be visited as we progress. When? I do not know...

Just follow these posts. Do not trade it. Just look... you will see..

All the best
  • #358,067
  • Jan 10, 2014 9:14am Jan 10, 2014 9:14am
The yellow projection lines were drawn by me last Friday.
As you can see, my timing was off, but the levels are perfect on a H4 close basis.
As such, I expect it to play out all the way now.

G/U H4
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 36 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #358,068
  • Jan 10, 2014 9:16am Jan 10, 2014 9:16am
Quoting PipTrapper
{quote} That's a very good question. I don't see that price anywhere in the realm of probabilities any time soon. Possibly yes, but probably not.
Sir,

In your world - they cannot exist - I understand.

But let me not run my mouth here..

I'm just trying..

Sorry for offending.

Regards
  • #358,069
  • Jan 10, 2014 9:16am Jan 10, 2014 9:16am
Quoting TauTrader
{quote} Sir, These shorts work. I'm quite confident.. Let us see.. Regards
i am in with you guys 1st target 1.6463 sorry
  • #358,070
  • Jan 10, 2014 9:20am Jan 10, 2014 9:20am
Quoting TauTrader
{quote} Sir, Thanks for the heads-up.. I forgot about CAD.. Shorted straight away - target 1.0819 Regards
Hi Tau,

Possible....Know it is not CAD thread, but they seem kind of snarky over there today.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadweekly110.jpg Size: 187 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #358,071
  • Jan 10, 2014 9:27am Jan 10, 2014 9:27am
Quoting Mr. Scott
{quote} Hi Tau, Possible....Know it is not CAD thread, but they seem kind of snarky over there today. {image}
Sir, S

Thank you.. You do know how it gets...

I took the short based on the fact that for the past 2 years, these extensions pulled back sharply. I do not pretend to have a clue on CAD ( did however call the 1.0180 long to 1.0715)

So - just playing levels.. wishing for 1.0871 then 1.0819..

Thank you for your chart. It does assist.

Regards and trade well
  • #358,072
  • Jan 10, 2014 9:38am Jan 10, 2014 9:38am
Guppy Monthly Expansion
Attached Image (click to enlarge)
Click to Enlarge Name: GBP-20140110-MN1 Guppy.png Size: 86 KB


Quoting cdndollar
{quote} Here you go.. "Newton's Second Law of Motion" in Speculation..? {image} Another probe at the Wedge's upper TL coming up.. F = M A.. Mofu Asset prices diverge from pure fundamental value in real life trading..
  • #358,073
  • Jan 10, 2014 9:54am Jan 10, 2014 9:54am
It seems everyone has had a great day today.
  • #358,074
  • Jan 10, 2014 9:59am Jan 10, 2014 9:59am
Quoting TauTrader
{quote} Sir, In your world - they cannot exist - I understand. But let me not run my mouth here.. I'm just trying.. Sorry for offending. Regards
HaHa. No offence taken my kind Sir.
You are a great trader with a good mind set.
I was just saying that I do not see 1.6195 in the probabilities. Perhaps when you have some time, you can explain it to me
Those who say it cannot be done should not interrupt those who are doing it
  • #358,075
  • Jan 10, 2014 10:07am Jan 10, 2014 10:07am
Quoting GlobalMacro
Cable now 1.6415 BUY LIMIT : 1.6414 S/L : 1.6349 T/P: OPEN
Raising S/L up to 1.6370:

LONG @ 1.6414


S / L : 1.6370


T / P : OPEN

Cable now 1.6487 Today's High: 1.6517
P&L : + 73 pips
Hear the music before the song is over ...
  • #358,076
  • Jan 10, 2014 10:09am Jan 10, 2014 10:09am
Can we conclude a close of trades for today?
  • #358,077
  • Jan 10, 2014 10:11am Jan 10, 2014 10:11am
Quoting PipTrapper
{quote} HaHa. No offence taken my kind Sir. You are a great trader with a good mind set. I was just saying that I do not see 1.6195 in the probabilities. Perhaps when you have some time, you can explain it to me
Sir,



Cannot explain.. just keep an eye on this space over the next few days.

Regards to you

May you prosper
  • #358,078
  • Jan 10, 2014 10:14am Jan 10, 2014 10:14am
usd chf d1
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,079
  • Jan 10, 2014 10:18am Jan 10, 2014 10:18am
My longs closed and short again.

See how the close of week pans out.
Attached Image (click to enlarge)
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  • #358,080
  • Jan 10, 2014 10:23am Jan 10, 2014 10:23am
Quoting PipTrapper
{quote} HaHa. No offence taken my kind Sir. You are a great trader with a good mind set. I was just saying that I do not see 1.6195 in the probabilities. Perhaps when you have some time, you can explain it to me
If you go back on my posts i quoted the same figure, it was 1st week in dec but forgot how i came about it , i will try to find it and jog my mind
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