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Cable Update (GBPUSD)

  • #362,521
  • Feb 7, 2014 7:42am Feb 7, 2014 7:42am
sold gbp @ 1.6366. will close all if it touches 1.64
  • #362,522
  • Feb 7, 2014 7:49am Feb 7, 2014 7:49am
Have an OK to sell on the daily - but would have liked to see higher before an attempt. Could miss the boat - but will wait a while.

Regards
  • #362,523
  • Feb 7, 2014 7:58am Feb 7, 2014 7:58am
just gone short 75% of the spike up on the 15 min dangerous now, i want to sell all of mine to danska bank 6255 lol , you would of had to be reading the threads to get that one
  • #362,524
  • Feb 7, 2014 8:02am Feb 7, 2014 8:02am
Long all week. And probably next week too looking for a break out above 16450's
Waiting for NY open but this ain't the day to be stubborn long or short. Never be stubborn on a friday....
  • #362,525
  • Feb 7, 2014 8:07am Feb 7, 2014 8:07am
Quoting elbert3
just gone short 75% of the spike up on the 15 min dangerous now, i want to sell all of mine to danska bank 6255 lol , you would of had to be reading the threads to get that one
http://www.orderflowtrading.com/ForexNews.aspx

They post reports from the CBs every morning including their positions etc. Also have a free squawk service for the news.
  • #362,526
  • Feb 7, 2014 8:09am Feb 7, 2014 8:09am
Quoting GlobalMacro
{quote} Alright, price comes back to fill the sell stop entry order. Cable now 1.6322 = SELL STOP ENTRY ORDER FILLED @ 1.6323. SHORT @ 1.6323 S / L : 1.6388 T / P : OPEN
Stopped. P&L : - 65 pips
Hear the music before the song is over ...
  • #362,527
  • Feb 7, 2014 8:11am Feb 7, 2014 8:11am
Quoting elbert3
my f ing platform shut there site down i dont believe it
you making too much money and killing their profits
  • #362,528
  • Feb 7, 2014 8:11am Feb 7, 2014 8:11am
Quoting elbert3
my f ing platform shut there site down i dont believe it
not 4XP is it?
  • #362,529
  • Feb 7, 2014 8:12am Feb 7, 2014 8:12am
Quoting eurusd_trade
{quote} right because everyone is in SUCH a rush to sell EG after breaking above trendline again. granted we are at daily channel highs but after all the real money GBP buying recently the macro movers aren't exactly rushing into the currency, especially not unti GBP/XXX retests LT support. a retest of 1.6410 doesn't count. for a big LT move higher, try again in 3-6 months, maybe, after more pain around 1.60xx and 1.61xx
Looks like you were the only one buying when everyone else was selling. How's that working out for you?
  • #362,530
  • Feb 7, 2014 8:13am Feb 7, 2014 8:13am
come on cable - some nice stops over 164
  • #362,531
  • Feb 7, 2014 8:14am Feb 7, 2014 8:14am
Quoting Zappa
{quote} Looks like you were the only one buying when everyone else was selling. How's that working out for you?
Me too and going well to the upside.

Very technical move playing out. Looking to break higher and hold above 6450's.
If not then back to the 6350s to buy back in at that level
  • #362,532
  • Feb 7, 2014 8:16am Feb 7, 2014 8:16am
Quoting Jofan
{quote} Me too and going well to the upside. Very technical move playing out. Looking to break higher and hold above 6450's. If not then back to the 6350s to buy back in at that level
I was referring to a smart-ass comment he made about EURGBP. But yeah, I'm long GBPUSD from 1.6275 and have added more. This has a long way to go.
  • #362,533
  • Feb 7, 2014 8:18am Feb 7, 2014 8:18am
Quoting Zappa
{quote} I was referring to a smart-ass comment he made about EURGBP. But yeah, I'm long GBPUSD from 1.6275 and have added more. This has a long way to go.
No worries

Lots of smart asses on these forums :-)

I prefer to control my emotions - Its how I stay safe
  • #362,534
  • Feb 7, 2014 8:30am Feb 7, 2014 8:30am
Quoting sakisf
{quote} http://www.orderflowtrading.com/ForexNews.aspx They post reports from the CBs every morning including their positions etc. Also have a free squawk service for the news.
thanks i will take a look , regards
  • #362,535
  • Feb 7, 2014 8:30am Feb 7, 2014 8:30am
Closed my longs. Still think it should take out 6400 in awhile, but I cant chart watch anymore. GL all!
  • #362,536
  • Feb 7, 2014 8:37am Feb 7, 2014 8:37am
Quoting IveGotQuads
{quote} you making too much money and killing their profits
lol not today tho, sold one short before in profit and now just gone again back to 3 shorts i am hoping it stops on the 38% fib at 6410 from 6600 just before that we have 55 ema , so 2 hopes for now on the 4 hour i find the 4 hour gives the best indication of trend
  • #362,537
  • Feb 7, 2014 8:41am Feb 7, 2014 8:41am
Quoting chazzle
{quote} not 4XP is it?
no mate not sure to say i use 2 the spread betting site was the one , it would not of made any change but it happened right in the nfp it will make some news somewhere, i could not get through on the phone, it must of been red hot lol
  • #362,538
  • Feb 7, 2014 8:43am Feb 7, 2014 8:43am
Quoting elbert3
{quote} no mate not sure to say i use 2 the spread betting site was the one
which one?
  • #362,539
  • Feb 7, 2014 8:45am Feb 7, 2014 8:45am
Quoting chazzle
{quote} which one?
it begins with a CAPITAL letter you can work it out
  • #362,540
  • Feb 7, 2014 8:47am Feb 7, 2014 8:47am
does it mean the trend is up now?
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