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Cable Update (GBPUSD)

  • #361,961
  • Feb 3, 2014 8:49pm Feb 3, 2014 8:49pm
Quoting Pip Anon
Chart on GBPUSD from 1/17. Looks like my 1.6155 target is nearing {image}
glad to see you in the same wagon, honk honk honk.

Attached Image
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #361,962
  • Feb 3, 2014 8:51pm Feb 3, 2014 8:51pm
Quoting ffleo
{quote} glad to see you in the same wagon, honk honk honk. {image}
Bahaha poor little salmon, always trying to go against the current.
Attached Image
When the facts change I change my mind, what do you do sir
  • #361,963
  • Feb 3, 2014 8:53pm Feb 3, 2014 8:53pm
Quoting Baggi
{quote} Probably smart. I got stopped out.
smart to be on one side before Construcion PMI numbers, if its positive i think the reaction will be very strong to the upside.
  • #361,964
  • Feb 3, 2014 8:53pm Feb 3, 2014 8:53pm
I'm a bit late on my entry, but good thing we have a lot of room to breathe
Attached Image (click to enlarge)
Click to Enlarge Name: gbp short.png Size: 62 KB
  • #361,965
  • Feb 3, 2014 8:54pm Feb 3, 2014 8:54pm
Quoting Pip Anon
{quote} Bahaha poor little salmon, always trying to go against the current. {image}
is that poor little salmon slim-buffett? http://www.forexfactory.com/showthre...87#post7257187
http://www.forexfactory.com/showthre...40#post7257240
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #361,966
  • Feb 3, 2014 8:56pm Feb 3, 2014 8:56pm
Quoting acidguy
im long now big with a very tight stop loss @1.6280 tp @16370 for fast profit.
So it ended in fast loss? lol There is still a bit to go IMO. I wouldn't go long myself til 1.6155
When the facts change I change my mind, what do you do sir
  • #361,967
  • Feb 3, 2014 9:03pm Feb 3, 2014 9:03pm
Quoting ffleo
{quote} is that poor little salmon slim-buffett? http://www.forexfactory.com/showthre...87#post7257187
Lol I had resistance at .882, I figured a bump but not 100 pips. Although I fully acknowledge that this is likely to be faded and is hitting daily resistance. Given the 8% drop in three day, moves like these are expected ..... not to take away from anyone who made or money trading the news.

Although there is a +/-DMI convergence.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-02-02-TOS_AUDUSD.png Size: 134 KB
When the facts change I change my mind, what do you do sir
  • #361,968
  • Feb 3, 2014 9:10pm Feb 3, 2014 9:10pm
Quoting Pip Anon
{quote} So it ended in fast loss? lol There is still a bit to go IMO. I wouldn't go long myself til 1.6155
a support lies at 1.6285 area, i just entered some few pips up, sl not hit yet, tp @ 1.6370 .

long term im short, i just closed earlier some shorts from 1.66xx area, i think well reach 1.60 soon but it does not go in a straight line down, im trading Price Action now.
  • #361,969
  • Feb 3, 2014 9:14pm Feb 3, 2014 9:14pm
Quoting acidguy
{quote} not yet, actually it has been slow, tp @ 1.6370
Yea doesn't really pick up until London Did you just put the position on? Looking to see how the dollar reacts this week. Sterling also getting pounded because the UK data is not "good enough" It's likely the last run up was optimism priced in.

Will be interesting
When the facts change I change my mind, what do you do sir
  • #361,970
  • Feb 3, 2014 10:10pm Feb 3, 2014 10:10pm
Quoting acidguy
{quote} a support lies at 1.6285 area, i just entered some few pips up, sl not hit yet, tp @ 1.6370 . long term im short, i just closed earlier some shorts from 1.66xx area, i think well reach 1.60 soon but it does not go in a straight line down, im trading Price Action now.
Broke through. Looking to extend losses. Nikkei selling off again, yen strengthening. Maybe something can happen with the construction PMI
When the facts change I change my mind, what do you do sir
  • #361,971
  • Feb 3, 2014 10:15pm Feb 3, 2014 10:15pm
Some pretty heavy selling going on right now.
  • #361,972
  • Edited 10:31pm Feb 3, 2014 10:17pm | Edited 10:31pm
having some fun with this, first sl hitted, longing now at 1.6255 with triple of lots of last long and 1.6250 sl, let see what happens.

if it falls again and sl hitted will long again after price eaction eases with 3x more lots than last time, max 4 times, 8 out times 10 this works on very overbought oversold conditions.
  • #361,973
  • Feb 3, 2014 10:32pm Feb 3, 2014 10:32pm
Quoting fxtyrant
{quote} right im gona resort to my usual state, back to the facebook group chat i go, sooo see you there. im gona go back to it before i piss anyone off here....

You, young man, can be a real asset to this thread, and so I’ll be the first to request that you don’t vanish into obscurity. I’ll also request that you do present your points of view, but slow them down a little in your writing, in order for other members to follow your logic. You have it, others know that you have it, but it can be rather difficult to find it in between the arguments and pip swinging that you often find yourself embroiled within.

P.S. I hope your dissertation ran smoothly. (Or at least as smoothly as those buggers can do when faced with four stone-faced professors throwing oddball questions your way.)
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #361,974
  • Feb 3, 2014 10:44pm Feb 3, 2014 10:44pm
Quoting ffleo
{quote} is that poor little salmon slim-buffett? http://www.forexfactory.com/showthre...87#post7257187 http://www.forexfactory.com/showthre...40#post7257240

No........... stop being an idiot. If you care to look I said I shorted G/U last week

Of course you're too blind to see that, what with your iggy list and all.
When the Joker is in the deck.. fear not and play it well
  • #361,975
  • Feb 3, 2014 10:47pm Feb 3, 2014 10:47pm
Quoting ffleo
{quote} glad to see you in the same wagon, honk honk honk. {image}

I also understand that you're one of the greatest traders that ever lived
and I can't imagine why I would dare argue.

My bad... I guess
When the Joker is in the deck.. fear not and play it well
  • #361,976
  • Feb 3, 2014 10:49pm Feb 3, 2014 10:49pm
Quoting Slim Buffett
{quote} I also understand that you're one of the greatest traders that ever lived and I can't imagine why I would dare argue. My bad... I guess
looks like you got a love struck troll
  • #361,977
  • Feb 3, 2014 11:38pm Feb 3, 2014 11:38pm
  •  ysab
  • | Joined May 2013 | Status: Love the Prophet of mercy | 33 Posts
Quoting nAVIN2007
{quote} i hope so bro..i been in this a while

Hi Nav,

Have you kept your old shorts from 1.55 and 1.6 ?
  • #361,978
  • Feb 3, 2014 11:43pm Feb 3, 2014 11:43pm
Quoting GlobalMacro
{quote} Alright settlement closed, nothing filled. All Orders Pulled. Position FLAT.
Still on the sidelines.
Attached Image (click to enlarge)
Click to Enlarge Name: 1TA.png Size: 28 KB
Hear the music before the song is over ...
  • #361,979
  • Feb 3, 2014 11:48pm Feb 3, 2014 11:48pm
1.62567 break and a clear 4HR close below should let this pair test 61430

Meanwhile, consider this: support with signs of quite significant 4hr RSI near 15

http://charts.mql5.com/3/782/gbpusd-...orporation.png
  • #361,980
  • Feb 3, 2014 11:48pm Feb 3, 2014 11:48pm
Quoting GlobalMacro
{quote} Still on the sidelines.
It's sad to see all bulls give up. I need some help to get it back up to .63
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