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Cable Update (GBPUSD)

  • #358,421
  • Jan 14, 2014 12:51am Jan 14, 2014 12:51am
Quoting ffleo
{quote} Soros broke the BOE once.

True but the conditions fundamentally stacked against the Pound at the time and Soros saw an opportunity.If the conditions were not right he would of lost badly.
In trading, you have to be defensive and aggressive at the same time
  • #358,422
  • Jan 14, 2014 12:53am Jan 14, 2014 12:53am
Quoting ffleo
{quote} Soros broke the BOE once. They just need to spike down cross the trendline, and the masses will reverse and follow
Yepp a broken trendline is what we need. What is the probability it will go up after a broken trendline south? People think like that and start pressing short.
  • #358,423
  • Edited 1:32am Jan 14, 2014 12:56am | Edited 1:32am
Quoting elSueco
{quote} Yepp a broken trendline is what we need. What is the probability it will go up after a broken trendline south? People think like that and start pressing short.

No disrepect but seriously you should have healthy respect for the market.Have you seen evidence for Bear? Nope! so why are you shorting now!Move was at 6480 not at support where we are now.I had 12 shorts starting from 6480 area and closed them all today.WAit for higher up
Please read my signature
In trading, you have to be defensive and aggressive at the same time
  • #358,424
  • Jan 14, 2014 1:06am Jan 14, 2014 1:06am
The market would actually decide. But as it stands, the probability of GBPUSD going here is more compared to a bearish move. Let is keep our fingers crossed. Time will actually tell.
To become a better trader, think discipline.
  • #358,425
  • Jan 14, 2014 1:10am Jan 14, 2014 1:10am
Quoting ffleo
{quote} if they want to spike it down, both good data and bad data will do it. Data itself does not matter. They just need an excuse to trigger. Same for aussie.
Who are they?

Quote
Soros broke the BOE once. They just need to spike down cross the trendline, and the masses will reverse and follow

And another appearance of "they".

Who are "they"?
  • #358,426
  • Jan 14, 2014 1:14am Jan 14, 2014 1:14am
Quoting Baggi
{quote} Who are they? {quote} And another appearance of "they". Who are "they"?
people that move market
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #358,427
  • Jan 14, 2014 1:15am Jan 14, 2014 1:15am
Will get long even before LO if I see a entry here...

Watching 6370 and 6357
@pawpaw1000 on Twitter
  • #358,428
  • Jan 14, 2014 1:15am Jan 14, 2014 1:15am
Quoting Baggi
{quote} Who are they? {quote} And another appearance of "they". Who are "they"?

"They" means Market Makers / Big Players.


Regards
  • #358,429
  • Jan 14, 2014 1:16am Jan 14, 2014 1:16am
Quoting RavBRD
{quote} "They" means Market Makers / Big Players. Regards
I did not say market makers. market makers and market movers are not the same
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #358,430
  • Jan 14, 2014 1:24am Jan 14, 2014 1:24am
pending 63712
@pawpaw1000 on Twitter
  • #358,431
  • Jan 14, 2014 1:26am Jan 14, 2014 1:26am
Quoting pawpaw1000
pending 63712


Triggered, sl 68
@pawpaw1000 on Twitter
  • #358,432
  • Jan 14, 2014 1:27am Jan 14, 2014 1:27am
Quoting pawpaw1000
{quote} Triggered, sl 68


Out -3

Jumped the gun a bit on that entry...
@pawpaw1000 on Twitter
  • #358,433
  • Jan 14, 2014 1:30am Jan 14, 2014 1:30am
Quoting ffleo
{quote} people that move market
Ok, this question is going to be completely different from my last question.

Who are the people that move the market?
  • #358,434
  • Jan 14, 2014 1:33am Jan 14, 2014 1:33am
WOW!

Some people in and out of the market in less than 1....that's....one...whole minute !

Hopefully nothing else takes less than 1 minute for them............
Hear the music before the song is over ...
  • #358,435
  • Jan 14, 2014 1:34am Jan 14, 2014 1:34am
Quoting ffleo
{quote} if they want to spike it down, both good data and bad data will do it. Data itself does not matter. They just need an excuse to trigger. Same for aussie.
Hi all ,

agree with that
  • #358,436
  • Jan 14, 2014 1:35am Jan 14, 2014 1:35am
Quoting GlobalMacro
WOW! Some people in and out of the market in less than 1....that's....one...whole minute ! Hopefully nothing else takes less than 1 minute for them............
SEX
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #358,437
  • Jan 14, 2014 1:38am Jan 14, 2014 1:38am
Quoting Baggi
{quote} Ok, this question is going to be completely different from my last question. Who are the people that move the market?
hope you do not mind if I put you on ignore.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #358,438
  • Jan 14, 2014 1:39am Jan 14, 2014 1:39am
Quoting GlobalMacro
WOW! Some people in and out of the market in less than 1....that's....one...whole minute ! Hopefully nothing else takes less than 1 minute for them............
Yeah, that was a 3min trade with pending like you asked and levels before.

3 pip loss, doesn't matter, can make 25 trades like that and make it up with 1 winner.

Not saying much for your trade from Friday...
@pawpaw1000 on Twitter
  • #358,439
  • Jan 14, 2014 1:40am Jan 14, 2014 1:40am
Quoting Baggi
I don't expect another leg up or down to happen for another 8 or 9 hours. Until then we'll be tradinging in a range. Perhaps an hour before London open is when things will start to get interesting.

Hrmmmm, I wonder how long from now before London opens.....

  • #358,440
  • Jan 14, 2014 1:40am Jan 14, 2014 1:40am
  •  sym
  • Joined Apr 2011 | Status: Working... (too much) :) | 356 Posts
Quoting GlobalMacro
WOW! Some people in and out of the market in less than 1....that's....one...whole minute ! Hopefully nothing else takes less than 1 minute for them............
What's wrong with that?
--- nothing to say ---
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