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Cable Update (GBPUSD)

  • #360,401
  • Jan 24, 2014 2:38am Jan 24, 2014 2:38am
Quoting Ill-b-back
{quote} I've got a grand vision for this pair. If my vision is correct, we need a massive continual upsurge to shift the balance before the real fun begins

in my view(my view means nothing in light of my red positions) it has been massive already from 6320 last retrace to 6660 that's significant move in one direction but if you take weekly from 1.48 this is staggering indeed.

I could be wrong when EU starts falling that would instigate cable correction as well.EU is at 3680 solid so far showing no weakness
In trading, you have to be defensive and aggressive at the same time
  • #360,402
  • Jan 24, 2014 2:38am Jan 24, 2014 2:38am
Quoting Dano12
GBP CAD triple top ??
Watch USD/CAD
  • #360,403
  • Jan 24, 2014 2:38am Jan 24, 2014 2:38am
Why are most traders on here more obsessed about trying to prove they are right and rejoice in other traders misfortunes.

This type of mindset is detrimental to your trading.
  • #360,404
  • Jan 24, 2014 2:39am Jan 24, 2014 2:39am
Quoting PayTheLimit
1.74/1.76 would be a place to look for a spot...remind me when we get up there... {image}
Okey.

Remind me if I forget, please...
Always looking the GREAT, never left GOOD Point...
  • #360,405
  • Jan 24, 2014 2:40am Jan 24, 2014 2:40am
Quoting Davit
Pound against Yen and Swissy actually lost from yesterday to today.So its true this is more of USD weakness....still perplexed US stocks getting killed yesterday. What was the catalyst?I have been reading but can't find the reason of serious dumping
i think it´s because of fears the earning-season will be disappointing. i´m short (dow) and will close when sma100 (actuall at 15882) will be touched.
fortis fortuna adiuvat
  • #360,406
  • Jan 24, 2014 2:40am Jan 24, 2014 2:40am
Quoting Tsar
{quote} Okey. Remind me if I forget, please...

lol, ok, I'll remind you to remind me..
Look Sharp/Trade Tight
  • #360,407
  • Jan 24, 2014 2:42am Jan 24, 2014 2:42am
Quoting GlobalMacro
{quote} I guess it wasn't "harsh" when I was the one feeling the heat buying down @ 1.6349 But I always showed up posting everything including my S/Ls But I haven't seen those vocal bears for a couple of days now who were criticizing every move bulls made.
Ahhh yes, 6349, I feel your glory
I miss the main Action here in Australia, so I was probably sleeping during your pain.

Sorry about that...
Come with me if you want to live....
  • #360,408
  • Jan 24, 2014 2:43am Jan 24, 2014 2:43am
Quoting Halba
{quote} to say this is technically overbought is an understatement

Go short pleeeeze, make it 20 lots... I need the money. On what TF are you commenting?
  • #360,409
  • Jan 24, 2014 2:44am Jan 24, 2014 2:44am
Quoting GlobalMacro
{quote} I guess it wasn't "harsh" when I was the one feeling the heat buying down @ 1.6349 But I always showed up posting everything including my S/Ls But I haven't seen those vocal bears for a couple of days now who were criticizing every move bulls made.

Be happy you are making money.Why you must feel revengeful.

To make you happy.Yes I made serious errors shorting cable early.I am not happy with my trading now.Feel better?
In trading, you have to be defensive and aggressive at the same time
  • #360,410
  • Jan 24, 2014 2:46am Jan 24, 2014 2:46am
Quoting Davit
{quote} in my view(my view means nothing in light of my red positions) it has been massive already from 6320 last retrace to 6660 that's significant move in one direction but if you take weekly from 1.48 this is staggering indeed. I could be wrong when EU starts falling that would instigate cable correction as well.EU is at 3680 solid so far showing no weakness
It is I agree, but I'm not at all ruling out a return to pre crisis highs, that would require a move to the 50 fib at 1.73 before a MAJOR reversal in my opinion.

Ok, now you can all laugh
Come with me if you want to live....
  • #360,411
  • Jan 24, 2014 2:48am Jan 24, 2014 2:48am
Keep buying DDD
  • #360,412
  • Jan 24, 2014 2:49am Jan 24, 2014 2:49am
Quoting ffleo
Hello Circus, it is really fun to watch shows here. Hope it lasts.
Quoting ffleo
see you tomorrow, Circus.

I'm OUT Now !

Because I'm TRADER... Wkwkwkkkkkk

You does NOT meet to find me tomorrow.

I come in ROOM if I like & Not be bound by Time.... LOL



Ciao
Always looking the GREAT, never left GOOD Point...
  • #360,413
  • Jan 24, 2014 2:50am Jan 24, 2014 2:50am
Quoting GlobalMacro
{quote} I guess it wasn't "harsh" when I was the one feeling the heat buying down @ 1.6349 But I always showed up posting everything including my S/Ls But I haven't seen those vocal bears for a couple of days now who were criticizing every move bulls made.
right, it needs balls to report beforehand and complete, I always liked to do so but fed upped with all the ego's in forums.
On the other hand this I got it right, You got it wrong thing comes in the same league and can hurt You badly over time, please stop it.
Don't be a hero. Don't have an ego. Always question yourself
  • #360,414
  • Jan 24, 2014 2:52am Jan 24, 2014 2:52am

Quoting USD-Bear
{quote} right, it needs balls to report beforehand and complete, I always liked to do so but fed upped with all the ego's in forums. On the other hand this I got it right, You got it wrong thing is comes in the same league and can hurt You badly over time, please stop it.
Closing there is trouble in papradise
  • #360,415
  • Jan 24, 2014 2:53am Jan 24, 2014 2:53am
Attached Image (click to enlarge)
Click to Enlarge Name: 23rd.png Size: 83 KB
before
  • #360,416
  • Jan 24, 2014 2:54am Jan 24, 2014 2:54am
YEAH BULLS
  • #360,417
  • Jan 24, 2014 2:56am Jan 24, 2014 2:56am
Quoting Ill-b-back
{quote} Ahhh yes, 6349, I feel your glory I miss the main Action here in Australia, so I was probably sleeping during your pain. Sorry about that...
You always sleep when there is action....you gotta change your schedule, man
Hear the music before the song is over ...
  • #360,418
  • Jan 24, 2014 2:58am Jan 24, 2014 2:58am
Quoting JimmyC
{quote} Closing there is trouble in papradise
1.63982 -> 1.66438 pips actual = 2456 pips going to do something else big wins are very bad for your trading. WOW... I'm a bit speechless will try be of use Monday sorry that's unprofessional sheesh career best, sorry
  • #360,419
  • Jan 24, 2014 2:59am Jan 24, 2014 2:59am
Quoting elbert3
{image} before
Attached Image (click to enlarge)
Click to Enlarge Name: after.png Size: 86 KB
after, hit all marked crosses one left but now i am clear gbp long and went short on the 61, fib line, short auus long us chf,long nz us,
  • #360,420
  • Jan 24, 2014 3:02am Jan 24, 2014 3:02am
im in wrong direction..but i still believe cable not going down now..
the true currencies here is patience and react precisely
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