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Cable Update (GBPUSD)

  • #362,781
  • Feb 11, 2014 12:47am Feb 11, 2014 12:47am
Dictionary

lalochezia
(n.) the emotional relief gained from using abusive or profane language.

I trust everyone now feels better and we can carry on trading discussions in the thread?

Regards,

J
  • #362,782
  • Feb 11, 2014 12:49am Feb 11, 2014 12:49am
Quoting PayTheLimit
{quote} today I'm keeping an eye on support 6400/10, perhaps a break of this will signal some weakness, still think we are in resistance, but need to wait for a sign of weakness me thinks..
It's floating at the retracement level now @1.6410. If break below 1.6400 should start a short sell?
  • #362,783
  • Feb 11, 2014 12:52am Feb 11, 2014 12:52am
S1 1.6383
R1 1.6427

Lets see if can break anything...
  • #362,784
  • Feb 11, 2014 12:52am Feb 11, 2014 12:52am
Quoting Makavell
{quote} Yea! Ill be starting a similar contest next year but this time with live accounts like you suggest and the thread name should be PUT YA MONEY WERE YA MOUTH AT!
I will put my money in my eating bowl then
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #362,785
  • Feb 11, 2014 1:06am Feb 11, 2014 1:06am
In my most humble of opinions, "competition trading" is not that great and likely bad.

You may take extreme risk in order to win but unlike NASCAR. you don't have a sponser
to cover you ?

Losses are on you.
When the Joker is in the deck.. fear not and play it well
  • #362,786
  • Feb 11, 2014 1:08am Feb 11, 2014 1:08am
Quoting Slim Buffett
In my most humble of opinions, "competition trading" is not that great and likely bad. You may take extreme risk in order to win but unlike NASCAR. you don't have a sponser to cover you ? Losses are on you.

only a spoon to cover the ass
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #362,787
  • Feb 11, 2014 1:13am Feb 11, 2014 1:13am
Quoting ffleo
{quote} only a spoon to cover the ass
Would you care to elaborate or are you simply in the
mood for some abusive mind games ??
When the Joker is in the deck.. fear not and play it well
  • #362,788
  • Feb 11, 2014 1:13am Feb 11, 2014 1:13am
Lets see if London sells.That would be great.
EU spike is down already from 3677 to 3660 getting closer
bunch of us took shorts on that spike.
In trading, you have to be defensive and aggressive at the same time
  • #362,789
  • Feb 11, 2014 1:17am Feb 11, 2014 1:17am
Quoting Slim Buffett
{quote} Would you care to elaborate or are you simply in the mood for some abusive mind games ??
No mind games. I agreed with you
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #362,790
  • Feb 11, 2014 1:22am Feb 11, 2014 1:22am
Quoting ffleo
{quote} No mind games. I agreed with you

My apologies then.

Sometimes I misunderstand . It happens.
When the Joker is in the deck.. fear not and play it well
  • #362,791
  • Feb 11, 2014 1:36am Feb 11, 2014 1:36am
Quoting PayTheLimit
{quote} today I'm keeping an eye on support 6400/10, perhaps a break of this will signal some weakness, still think we are in resistance, but need to wait for a sign of weakness me thinks..
placing some pending shorts at 6420 now, risking 6430, will play for 6360...
Look Sharp/Trade Tight
  • #362,792
  • Feb 11, 2014 1:37am Feb 11, 2014 1:37am
We always get to buy territory just as I'm about to head to bed. Bah.
  • #362,793
  • Feb 11, 2014 1:53am Feb 11, 2014 1:53am
GU M15

bought this pullback - 384 holds to break 424 is what I'm thinking
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 58 KB
  • #362,794
  • Feb 11, 2014 2:08am Feb 11, 2014 2:08am
Quoting Hickson
This thread is turning out as a disgrace. Pathetic private battle of egos. Nobody wants to be involved and waste time reading all these weak posts. It has nothing to do with the topic of this thread.
here here , i am new to this thread, and the night time posting {uk based} it like children arguing , i like too have points on view from all traders, but i think unless it changes i will just read the day traders , we are far more civilized, please note not all night time traders get involved and it must also be a bit of a pain in the aaaa when all you want is info,and not crap, respectfully,E
  • #362,795
  • Feb 11, 2014 2:18am Feb 11, 2014 2:18am
Quoting Rtm
{quote} Thank you sir! Trading goals turn out today or what? Little bit of money to be made today, EURUSD looks like about the only viable thing right now to trade shorter term.
Well , i am short on EU now from 3670 , lets see what happens !!!
  • #362,796
  • Feb 11, 2014 2:19am Feb 11, 2014 2:19am
Quoting Slim Buffett
In my most humble of opinions, "competition trading" is not that great and likely bad. You may take extreme risk in order to win but unlike NASCAR. you don't have a sponser to cover you ? Losses are on you.
the competition is not a sprint but a freaking marathon ( full year)
  • #362,797
  • Feb 11, 2014 2:44am Feb 11, 2014 2:44am
GU15

Remains supported to the up-side
Contained in a range

Note reverse hidden +ve Divergence
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15.png Size: 28 KB
  • #362,798
  • Feb 11, 2014 3:11am Feb 11, 2014 3:11am
GU 15

Daily Pivots for those who are interrested
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15.png Size: 28 KB
  • #362,799
  • Feb 11, 2014 3:15am Feb 11, 2014 3:15am
Quoting JimmyC
GU 15 Daily Pivots for those who are interrested {image}
thank i was just going to put that on my chart , looks like a move back to the res line, i think waiting for that if it happens may be the best time for some confluence as i dont seem to have the full entry anywhere as yet,
  • #362,800
  • Feb 11, 2014 3:23am Feb 11, 2014 3:23am
Quoting Davit
{quote} in a nut shell I am a position trader and not a scalper.Hate scalping.Tried and stressed the crap out of me.I don't have the personality of a scalper. I am an artist a painter website here So to see the painting whole you must step back.When you do little details are not important anymore as overall effect.Scalping is putting your face close to canvas while that could be interesting you will never see the image unless you step back. Lot of similarities with painting and trading. Anyway green pips
thanks! that is a really good anaolgy to put things into perspective! are you still bearish? I'm beginning to doubt my position!
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