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Cable Update (GBPUSD)

  • #358,981
  • Jan 17, 2014 2:53am Jan 17, 2014 2:53am
Quoting IveGotQuads
{quote} yeah both long from the initial stop run in the opening and short from the highs...and yes the news may make this set up invalid but If I would make this trade without the news AND by chance the trade i would take happened to fall into the sentiment of the potential news then both fundamental and technicals plus sentiments align here. We are dealing with odds here , no certainty. Im comfortable with this
yes the best trade for me nz so glad i got back in yesterday the pin stoped right on the 50% fib pull bak so i went short tight stop but double my lot size, and wow what a great trade right in at the top, so you are ok to with this trade, well done that man
  • #358,982
  • Jan 17, 2014 2:54am Jan 17, 2014 2:54am
Picked up a 1.6320 entry with target for 1.6400 (close between 1.6390-1.6400 depending on the initial push after the data) with stop at 1.6270
After that will look for opportunities to sell.
Let's see. Good luck
  • #358,983
  • Jan 17, 2014 2:59am Jan 17, 2014 2:59am
Quoting chazzle
GU M15 Cable attempting it's LO bullish reversal - this time, at 2012 high
What does LO mean?
  • #358,984
  • Jan 17, 2014 3:03am Jan 17, 2014 3:03am
Quoting elbert3
{quote} yes the best trade for me nz so glad i got back in yesterday the pin stoped right on the 50% fib pull bak so i went short tight stop but double my lot size, and wow what a great trade right in at the top, so you are ok to with this trade, well done that man
men I pulled like 100 + pips from Nzd/USd in 3 days so far and closed it yesterday . I got out because my position size in it was so small anyway and I didnt want to pyramid. Its ok though besides it was really preventing me from other trades as I dont like to have coorelation trades open at the same time
  • #358,985
  • Jan 17, 2014 3:08am Jan 17, 2014 3:08am
Quoting IveGotQuads
sell order @ 1.6307 Sl 1.6337 adjusted position size.TP till further notice, good luck guys . I get filled in good . It goes up for the bulls good luck as well
Good trade yesterday, g/l man.
Hear the music before the song is over ...
  • #358,986
  • Jan 17, 2014 3:10am Jan 17, 2014 3:10am
Quoting IveGotQuads
{quote} men I pulled like 100 + pips from Nzd/USd in 3 days so far and closed it yesterday . I got out because my position size in it was so small anyway and I didnt want to pyramid. Its ok though besides it was really preventing me from other trades as I dont like to have coorelation trades open at the same time
LOL strange the way thing go and the way traders see things, if your short you wont see anything but short, and vice versa, the had part is even thou at the start of the week i was saying it going short, as soon as you take a long its going long even thou you really know it is short ,if that makes sense. i dont know if you know Morecome and wise, but it was like i was making tha right call but just not at the right time,
  • #358,987
  • Jan 17, 2014 3:14am Jan 17, 2014 3:14am
Quoting GlobalMacro
{quote} Good trade yesterday, g/l man.
Thanks men, so far right now Its been nothing but bullish pin bars there. Its always good to wait for a pull back continuation so I may have dodged a bullet here. The news is keeping the heavy hitters holding on to their triggers for now. Guess we will see in the next 20 mins
  • #358,988
  • Jan 17, 2014 3:15am Jan 17, 2014 3:15am
Quoting elbert3
{quote} LOL strange the way thing go and the way traders see things, if your short you wont see anything but short, and vice versa, the had part is even thou at the start of the week i was saying it going short, as soon as you take a long its going long even thou you really know it is short ,if that makes sense. i dont know if you know Morecome and wise, but it was like i was making tha right call but just not at the right time,
http://www.bing.com/videos/search?q=...97EE5A52B1EC47
  • #358,989
  • Jan 17, 2014 3:17am Jan 17, 2014 3:17am
Quoting IveGotQuads
{quote} Thanks men, so far right now Its been nothing but bullish pin bars there. Its always good to wait for a pull back continuation so I may have dodged a bullet here. The news is keeping the heavy hitters holding on to their triggers for now. Guess we will see in the next 20 mins
click the link if you dont know what i mean , a bit of fun
http://www.bing.com/videos/search?q=...97EE5A52B1EC47
  • #358,990
  • Jan 17, 2014 3:20am Jan 17, 2014 3:20am
Quoting sakisf
{quote} What does LO mean?
Correct me if i'm wrong but LO should be London Open. Dunno if its something else.
  • #358,991
  • Jan 17, 2014 3:21am Jan 17, 2014 3:21am
Quoting elbert3
{quote} click the link if you dont know what i mean , a bit of fun http://www.bing.com/videos/search?q=...97EE5A52B1EC47
yeah ill check it later , im looking at this bullish move as an opportunity to get better short entries .
  • #358,992
  • Jan 17, 2014 3:24am Jan 17, 2014 3:24am
GBP all

I hope this moves in pound are the forewind of news.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh1.png Size: 55 KB
Anything is math!
  • #358,993
  • Jan 17, 2014 3:24am Jan 17, 2014 3:24am
This is what I was looking for.
  • #358,994
  • Jan 17, 2014 3:24am Jan 17, 2014 3:24am
Quoting sakisf
{quote} What does LO mean?
London Open - 8am UK time
  • #358,995
  • Jan 17, 2014 3:25am Jan 17, 2014 3:25am
Quoting chazzle
GU M15 Cable attempting it's LO bullish reversal - this time, at 2012 high {image}
ok I'm a believer
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 63 KB
  • #358,996
  • Jan 17, 2014 3:26am Jan 17, 2014 3:26am
I suppose this is good news for all those who are short and want to add to their shorts.

As for me, I jumped out with a small profit. Don't care to gamble on the news.
  • #358,997
  • Jan 17, 2014 3:27am Jan 17, 2014 3:27am
Quoting Kajos2250
GBP all I hope this moves in pound are the forewind of news. Good luck! {image}
Pounds looks bearish. I doubt if the news would reverse it. Time will tell.
To become a better trader, think discipline.
  • #358,998
  • Jan 17, 2014 3:28am Jan 17, 2014 3:28am
Quoting WatChaWaitin
{quote} Correct me if i'm wrong but LO should be London Open. Dunno if its something else.
Thanks, it's most probably that. My mind had me thinking something like Low-****.
  • #358,999
  • Jan 17, 2014 3:29am Jan 17, 2014 3:29am
Quoting Baggi
I suppose this is good news for all those who are short and want to add to their shorts. As for me, I jumped out with a small profit. Don't care to gamble on the news.
Hey baggi yeah I dont play the news I was never filled here. If this goes up with the news ill just wait till after the move and see what happens next.
  • #359,000
  • Jan 17, 2014 3:30am Jan 17, 2014 3:30am
Wow, too bad I sold so soon. Har!
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