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Cable Update (GBPUSD)

  • #360,121
  • Jan 23, 2014 1:11am Jan 23, 2014 1:11am
I'd like a chance to buy at 6469...
Look Sharp/Trade Tight
  • #360,122
  • Jan 23, 2014 1:12am Jan 23, 2014 1:12am
Quoting elbert3
took profit now i dont like the look at the 15 m candle ,any body got a view on this please
you didnt short this ?
  • #360,123
  • Jan 23, 2014 1:13am Jan 23, 2014 1:13am
GU 1H

I note mass insanity retail traders are 80% short, should be a blood bath.... Excellent liquidity... Go boys and girls thats it F#^k the trend!
Attached Image (click to enlarge)
Click to Enlarge Name: GU 1H.png Size: 12 KB
  • #360,124
  • Jan 23, 2014 1:14am Jan 23, 2014 1:14am
Quoting Davit
Closed G/CHF short +104 pips {image}

Well done Davit, nice quick trade.
  • #360,125
  • Jan 23, 2014 1:16am Jan 23, 2014 1:16am
Quoting IveGotQuads
{quote} you didnt short this ?
28 pips up geppy 23 pips down geppy , cable is doing the same because im watching cable as the signal
  • #360,126
  • Jan 23, 2014 1:22am Jan 23, 2014 1:22am
Quoting JimmyC
GU 1H I note mass insanity retail traders are 80% short, should be a blood bath.... Excellent liquidity... Go boys and girls thats it F#^k the trend! {image}


so you are still long?
fortis fortuna adiuvat
  • #360,127
  • Jan 23, 2014 1:25am Jan 23, 2014 1:25am
Quoting deltaone
{quote} so you are still long?
You should have to!
Anything is math!
  • #360,128
  • Jan 23, 2014 1:30am Jan 23, 2014 1:30am
Quoting deltaone
{quote} so you are still long?
You'll love this

Yep long from 20 Jan...

Just don't get why the retail crowd insists on counter trending... it explains the 95% / 5% split tho

Eish!
  • #360,129
  • Jan 23, 2014 1:31am Jan 23, 2014 1:31am
Quoting Kajos2250
{quote} You should have to!
would have been nice, indeed. but i do not have any open position, i´m just waiting for the cbi in order to trade the event-driven volatility breakout, regardless which direction.
fortis fortuna adiuvat
  • #360,130
  • Jan 23, 2014 1:31am Jan 23, 2014 1:31am
Quoting PayTheLimit
I'd like a chance to buy at 6469...
you would have to wait till tomorrow for that.
  • #360,131
  • Jan 23, 2014 1:32am Jan 23, 2014 1:32am
Quoting JimmyC
{quote} You'll love this Yep long from 20 Jan... Just don't get why the retail crowd insists on counter trending... it explains the 95% / 5% split tho Eish!
+1 ...counter trend at your accounts risk
  • #360,132
  • Jan 23, 2014 1:35am Jan 23, 2014 1:35am
Quoting JimmyC
{quote} You'll love this Yep long from 20 Jan... Just don't get why the retail crowd insists on counter trending... it explains the 95% / 5% split tho Eish!
congratulation.
fortis fortuna adiuvat
  • #360,133
  • Jan 23, 2014 1:36am Jan 23, 2014 1:36am
Quoting IveGotQuads
{quote} +1 ...counter trend at your accounts risk
Thats what I need, I get nervous when the BoE joins in though
  • #360,134
  • Jan 23, 2014 1:39am Jan 23, 2014 1:39am
Quoting IveGotQuads
{quote} you didnt short this ?
yes went short on the next candle 6607 sl 6615 sorry i have a few things to do today so i cannot spend time at the pc
  • #360,135
  • Jan 23, 2014 1:47am Jan 23, 2014 1:47am
Quoting GlobalMacro
{quote} -- Jan 2 swing high broken -- Multi-Year High of 1.6615 Raising Profit Protection Stop up to 1.6549 and letting her run: LONG @ 1.6349 Profit Protection Stop : 1.6549 T / P : OPEN Cable now 1.6605 Today's High: 1.6615 P&L : + 256 pips GBP/USD - H8 {image}
good call i am short to 1.65509 but manage , sod the other work today to much going on
  • #360,136
  • Jan 23, 2014 1:56am Jan 23, 2014 1:56am
Quoting GlobalMacro
{quote} -- Jan 2 swing high broken -- Multi-Year High of 1.6615 Raising Profit Protection Stop up to 1.6549 and letting her run: LONG @ 1.6349 Profit Protection Stop : 1.6549 T / P : OPEN Cable now 1.6605 Today's High: 1.6615 P&L : + 256 pips GBP/USD - H8 {image}
Global do you think its time to reverse down to 1.6400? whats your analysis for now
  • #360,137
  • Jan 23, 2014 1:59am Jan 23, 2014 1:59am
Quoting elbert3
{quote} good call i am short to 1.65509 but manage , sod the other work today to much going on
oh ok, good luck im done for now anyway. 86 pips so far today, not trying to give any back so ill be back at Ny open. cheers
  • #360,138
  • Jan 23, 2014 2:02am Jan 23, 2014 2:02am
Quoting elbert3
{quote} good call i am short to 1.65509 but manage , sod the other work today to much going on
Thanks and g/l.
Hear the music before the song is over ...
  • #360,139
  • Edited 10:57am Jan 23, 2014 2:09am | Edited 10:57am
Quoting xetrader
{quote} Global do you think its time to reverse down to 1.6400? whats your analysis for now
I just raised my profit protection stop to 1.6549, just in case of some temporary profit taking,
but still t/p open, so still bullish here.

I don't know how your situation is and obviously can't advise but generally if can afford to get out and wait....this way at least you are not exposed to more risk.
If it drops back down,you can still get back in.

Good luck to you.
Hear the music before the song is over ...
  • #360,140
  • Jan 23, 2014 2:10am Jan 23, 2014 2:10am
1 Hour to Cable event risk... CBI number will either confirm a bad holiday season for retailers or... 1.670xx is next resistance
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