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Cable Update (GBPUSD)

  • #362,181
  • Feb 5, 2014 6:18am Feb 5, 2014 6:18am
Quoting IveGotQuads
{quote} Just be careful going in. As you can see price is consolidating as the big players are entering their positions little by little so as not to move price in one direction sharply. Once they do this and get their dual positions they can use their orders and send price both directions to stop ppl out during news events before they acquire the main positions they wanted in the first place. Made a mistake fading the GBP news as I forgot to check for US session news, made no sense staying in the market. Better a small mistake for 7 pips than a...
i played the same move a24th jan it risky but you could go long untill the mid point of the top of the spike there i will go short again with a stop above 7 pips above yesterdays high last time it took 3 hours og get the move, but dont forget my disclaimer ps the dif today is it is on the news time line
  • #362,182
  • Feb 5, 2014 6:19am Feb 5, 2014 6:19am
GU M5

poss. IHS forming - gl
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 38 KB
  • #362,183
  • Feb 5, 2014 6:24am Feb 5, 2014 6:24am
Quoting cat
{quote} I've read some nonsense in my time, but I think that post tops the lot.
I dont expect everybody to understand and im not even going to try and explain or get into back and forth with anybody on the forums. I really really dont care what you think
  • #362,184
  • Feb 5, 2014 6:29am Feb 5, 2014 6:29am
The question where the first correction will start. For simple retail view looks like its time 6270. I see how market retailers now changing they sentiment that kept 90 days in strong bear and now quicklly opening bloody longs with expectation to get easy money at 6400. Thats what bloody insiders need ahahah. I think now better not to long even if correction will start. Wait for correction and sell sell somewhere 100-150 pips from low.
  • #362,185
  • Feb 5, 2014 6:30am Feb 5, 2014 6:30am
Quoting IveGotQuads
{quote} I dont expect everybody to understand and im not even going to try and explain or get into back and forth with anybody on the forums. I really really dont care what you think
i think you are right lets hope the play i just wrote you gets a standing round of applause , on the 24th i took 321 pips on the friday and the monday all on the thread so that it can be checked i even posted the fake on that day 4 hours before it happened
  • #362,186
  • Feb 5, 2014 6:31am Feb 5, 2014 6:31am
Quoting IveGotQuads
{quote} I dont expect everybody to understand and im not even going to try and explain or get into back and forth with anybody on the forums. I really really dont care what you think
Fair enough, I'm just bored ?
  • #362,187
  • Feb 5, 2014 6:32am Feb 5, 2014 6:32am
Historically pound drops hard with no chance to enter from correction poins or those correction waves always only 50-70 f. pips. Thats because market insider just dont give to catch a good nice hude wave down. But when it comes from 4800 it has a pottential to wait and correct 1-2-5 times before it really going up. This is the specifics of pound.
  • #362,188
  • Feb 5, 2014 6:36am Feb 5, 2014 6:36am
Quoting elbert3
The GBP/USD was unable to overcome the 1.6340 price zone, yesterday’s high, and resumed the downside on a worse than expected UK Service PMI; the reading however was pretty positive, posting a healthy 58.3, but below the 59.1 expected and the previous 58.8.
Are you fugin kidding?...
  • #362,189
  • Feb 5, 2014 6:38am Feb 5, 2014 6:38am
Now sound crazy but i think that market maker goals are:

6670 - 1670 = 5000. Long term
6670-800 = 5870. Mid term
6670-500= 6170. Short term

If it will brake 6470 then 6730 by the end of february.

Short term goal.

6170
6070
6000
  • #362,190
  • Feb 5, 2014 6:45am Feb 5, 2014 6:45am
Quoting pbylina
{quote} Are you fugin kidding?...
if you read the end i was posting something i read not my words
  • #362,191
  • Feb 5, 2014 6:48am Feb 5, 2014 6:48am
now on daily you see I think continuation pattern with high reliability ,close below the low confirms
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 USD Spot.png Size: 39 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,192
  • Feb 5, 2014 6:48am Feb 5, 2014 6:48am
Quoting pbylina
{quote} Are you fugin kidding?...
did you go back to the post and read the end it says a news clip for you ,, was that sorry i read
  • #362,193
  • Feb 5, 2014 6:48am Feb 5, 2014 6:48am
Quoting cat
{quote} Fair enough, I'm just bored ?
SMDH ? im just mad that I cant even trade with all these noise going on, and im -18 pips for the week in total
  • #362,194
  • Feb 5, 2014 6:52am Feb 5, 2014 6:52am
same

Quoting Bones
now on daily you see I think continuation pattern with high reliability ,close below the low confirms {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp JPY Spot.png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,195
  • Feb 5, 2014 6:53am Feb 5, 2014 6:53am
Quoting IveGotQuads
{quote} SMDH ? im just mad that I cant even trade with all these noise going on, and im -18 pips for the week in total
One good trade and those negative pips can quickly become green - just don't force it.
  • #362,196
  • Feb 5, 2014 6:58am Feb 5, 2014 6:58am
gbp jpy w1
Attached Image (click to enlarge)
Click to Enlarge Name: gbp JPY w1 Spot.png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,197
  • Feb 5, 2014 7:00am Feb 5, 2014 7:00am
Weird divergence between GU and the rest of USD pairs
COT: The precious data ignored
  • #362,198
  • Feb 5, 2014 7:05am Feb 5, 2014 7:05am
here ,bearish on neck


Quoting Bones
could easy be bearish pattern ,low reliability especially after fall {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPLFXDaily 5-2.png Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #362,199
  • Edited 8:20am Feb 5, 2014 7:24am | Edited 8:20am
Quoting GlobalMacro
{quote} Cable now 1.6311 = BUY STOP ORDER FILLED @ 1.6308: LONG @ 1.6308 S / L : 1.6248 T / P : OPEN
That was close...only 4 pips to S/L... Day's Low: 1.6252

Still in long position with trade parameters unchanged.
Very volatile market conditions, though.

LONG @ 1.6308
S / L : 1.6248
T / P : OPEN

Cable now 1.6280 Day's Low : 1.6252
Open P&L : -28 pips
Hear the music before the song is over ...
  • #362,200
  • Feb 5, 2014 7:26am Feb 5, 2014 7:26am
Wide public vs Goldman now 100%. Huge money on buy and huge on sell.
but when JP Morgan will come to help Goldman u know the answer what will happen.
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