Cable Update (GBPUSD) | Page 18028 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #360,541
  • Jan 24, 2014 9:01am Jan 24, 2014 9:01am
GU M15

bought at Jan17/24 swing mid - see if we cant get a rt to 550 ish
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 50 KB
  • #360,542
  • Jan 24, 2014 9:03am Jan 24, 2014 9:03am
My shorts was heavily loaded with all of your longs, have a nice weekend
  • #360,543
  • Jan 24, 2014 9:06am Jan 24, 2014 9:06am
Quoting MrAmazing
{quote} Yellow area touched. Congratz to you who short this. Nice movement by MM, asian season bring the price higher with less volume to catch stop loss and make bear to surender so they close their short or to make them margin call. London session bring the price to support area to make retailers add their long position. And then, bye bye bull... Keep patience and discipline. Green circle = heavy accumulation for short. {image}
I have absolute to agree with you, last couple days was very uncomfortable scalping gbpusd for shorts. So we late in a trend, rise higher and higher. Look for boom down. And that came today.
  • #360,544
  • Jan 24, 2014 9:12am Jan 24, 2014 9:12am
Quoting Rtm
AND we are off, let us see what buying at the top does us here! Bought on the break of this candle 1.6624 PS what is with all the bashing today? Lets see Bash it up bitches {image}

and im stopped for the weekend, lovely time. enjoy weekend!
All posts are my personal opinion
  • #360,545
  • Edited 9:13am Jan 24, 2014 9:12am | Edited 9:13am
Quoting Hickson
Another lesson: Walking away from the computer to the restroom for 2 minutes during such a speech robs you of the opportunity to gain some serious pips.
That's why I have a wireless laptop for that very reason. Been hood winked too many times like that .

Just be sure to wash your hands before using the keyboard when your done. ..... oh ya. Don't forget to flush the toilet and lower the seat if there are females in the house.
  • #360,546
  • Jan 24, 2014 9:14am Jan 24, 2014 9:14am
Quoting paul-fx
My shorts was heavily loaded with all of your longs, have a nice weekend
good job. the bull circus is quiet now.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,547
  • Jan 24, 2014 9:15am Jan 24, 2014 9:15am
GBP early morning bulls got silent and scared
  • #360,548
  • Jan 24, 2014 9:17am Jan 24, 2014 9:17am
Quoting paul-fx
GBP early morning bulls got silent and scared
honk honk, let us honk, honk, while bulls are hiding in their corner to smell their bullshit.

Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #360,549
  • Jan 24, 2014 9:17am Jan 24, 2014 9:17am
Quoting _BBKing_
{quote} true! but i also consider that a good point for many beginners.... something like "if you want to buy cable, don't do know into 1.66 just wait price to come back where other poeple are waiting for"
I would to say this also when it come to the 6600/7000 i holds the bearish mind set knowing that we are selling the rallies waiting to buy the dips
Keep the Lights on then you can catch the rise from the dark.
  • #360,550
  • Jan 24, 2014 9:18am Jan 24, 2014 9:18am
GBP weakens while JPY strenghthens. GBP/JPY has been like a cash cow if anyone got in on it early.
  • #360,551
  • Jan 24, 2014 9:19am Jan 24, 2014 9:19am
Quoting el_duende
{quote} I did the opposite and went short at 6630 Very small S/L Looking for a pullback to 1.65
My shorts have hit their target too.

However closed too early? Carneys speech is trying to encourage short GBP in my view. On the weekly chart there is a chance the bar will close as a Pinbar. Enough for bears to take a foothold?

Food for thought over the weekend.
  • #360,552
  • Jan 24, 2014 9:20am Jan 24, 2014 9:20am
The daily candle clearly is a bearish engulfing pattern
  • #360,553
  • Jan 24, 2014 9:48am Jan 24, 2014 9:48am
any body see a rising wedge if GBP breaks 1.64- 1.6425 target will be 1.59 can any body agree
  • #360,554
  • Jan 24, 2014 9:54am Jan 24, 2014 9:54am
yes i am having fun ...I took your money 150++ pips so far and wait more coming ..lol hahaha
  • #360,555
  • Jan 24, 2014 9:56am Jan 24, 2014 9:56am
Quoting ffleo
{quote} honk honk, let us honk, honk, while bulls are hiding in their corner to smell their bullshit. {image}
ffleo, how old are you?
Be water, my friend
  • #360,556
  • Jan 24, 2014 10:19am Jan 24, 2014 10:19am
I have a dilemma
Close all my shorts with -270 loss or let it ride and collect lot more as profit if bear continues to 6320 which is my original TP.
Feb is just around the corner which could be good for USD
My only reservation is Bull is just getting foothold at 1.65 for higher targets.I rather lose 300 then end of holding the bag
tough decision
In trading, you have to be defensive and aggressive at the same time
  • #360,557
  • Jan 24, 2014 10:21am Jan 24, 2014 10:21am
Quoting Davit
I have a dilemma Close all my shorts with -270 loss or let it ride and collect lot more as profit if bear continues to 6320 which is my original TP. Feb is just around the corner which could be good for USD My only reservation is Bull is just getting foothold at 1.65 for higher targets.I rather lose 300 then end of holding the bag tough decision
sorry about your loss, your make a good come back
  • #360,558
  • Jan 24, 2014 10:23am Jan 24, 2014 10:23am
Quoting Davit
I have a dilemma Close all my shorts with -270 loss or let it ride and collect lot more as profit if bear continues to 6320 which is my original TP. Feb is just around the corner which could be good for USD My only reservation is Bull is just getting foothold at 1.65 for higher targets.I rather lose 300 then end of holding the bag tough decision
damn near 200 pips straight down in an uptrend - close and reload higher?
  • #360,559
  • Jan 24, 2014 10:29am Jan 24, 2014 10:29am
Quoting Davit
I have a dilemma Close all my shorts with -270 loss or let it ride and collect lot more as profit if bear continues to 6320 which is my original TP. Feb is just around the corner which could be good for USD My only reservation is Bull is just getting foothold at 1.65 for higher targets.I rather lose 300 then end of holding the bag tough decision
I can really understand how you feel. I was in the same position yesterday, but got lucky since my shorts were put up higher. If you rather lose the 300 than being angry afterwards, I think you already decided to hold. Judging from the daily candle, it would not be a surprise if the selling continues. Maybe just see how things develop next week?
Fix up, trade sharp ...
  • #360,560
  • Jan 24, 2014 10:33am Jan 24, 2014 10:33am
Quoting PoundTrader
{quote} sorry about your loss, your make a good come back

I am going to wait after London close action see how that unfolds.I still have bruises from this bull run.
thanks for the post.Overall Jan profits up 11% better then my projected target
regards
In trading, you have to be defensive and aggressive at the same time
239 traders viewing now, 2 are registered:
bblizardd
,
SublimeSear