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Cable Update (GBPUSD)

  • #363,241
  • Feb 13, 2014 7:53am Feb 13, 2014 7:53am
no your fooled by market my friend ,this hasn't moved from range ,and it wont imo


Quoting petetong
Move up to 6673 present hi of day which is above that 6668 former hi - short squeeze / going for the stops / or a sign of things to come ie - higher ? Best Wishes.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,242
  • Feb 13, 2014 7:54am Feb 13, 2014 7:54am
if it fails ill be at £20 p/p
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #363,243
  • Feb 13, 2014 7:54am Feb 13, 2014 7:54am
Quoting IveGotQuads
{quote} I just went short on the gbp/jpy @ 169.79
hehehe you may be right ..closed short position for 10+ pips ...price action looks bullish right now on the gbp/jpy
  • #363,244
  • Feb 13, 2014 8:00am Feb 13, 2014 8:00am
AHA we found some nice stops there! Price closed off the highs at our resistance there very bearish.
All posts are my personal opinion
  • #363,245
  • Feb 13, 2014 8:01am Feb 13, 2014 8:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 14.png Size: 68 KB
this is the update of the chart i posted last night i just jumped out of a shot for 7 pips to be on the safe side you can see my short order which strangely last time it was in 666 area i went short on the same number that is 1,6610
  • #363,246
  • Feb 13, 2014 8:04am Feb 13, 2014 8:04am
Quoting Rtm
AHA we found some nice stops there! Price closed off the highs at our resistance there very bearish.
Yes sir But not a short (at least not yet).
If you DID happen to go short at 6x though I don't see the rush to take 5-10 pips. Just risk the highs again.
HIGH REWARD/RISK guys, won't you be upset if you caught the top and then failed to run it.
Now I'm not saying this is the top but the point is you would have ran it more than 10pips if it went agianst you
  • #363,247
  • Feb 13, 2014 8:05am Feb 13, 2014 8:05am
Quoting IveGotQuads
{quote} hehehe you may be right ..closed short position for 10+ pips ...price action looks bullish right now on the gbp/jpy
short order 13662 it did not go long it is coming down now with gb
  • #363,248
  • Feb 13, 2014 8:07am Feb 13, 2014 8:07am
Quoting eurusd_trade
{quote} Yes sir But not a short (at least not yet)
I am a greedy fuck!
All posts are my personal opinion
  • #363,249
  • Feb 13, 2014 8:11am Feb 13, 2014 8:11am
Quoting elbert3
{image} this is the update of the chart i posted last night i just jumped out of a shot for 7 pips to be on the safe side you can see my short order which strangely last time it was in 666 area i went short on the same number that is 1,6610
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 67 KB
sorry this chart i am going of posted the wrong one with all the
Excitement
  • #363,250
  • Feb 13, 2014 8:17am Feb 13, 2014 8:17am
Quoting elbert3
{quote}{image} sorry this chart i am going of posted the wrong one with all the Excitement
Try to calm down. I generally find it's hard to trade well wtih all the emotions. You just took a 7 pip profit on a short, suggests you're being very jumpy.
Trade at key levels to maximize chances, the sell at 6x satisfies this criterion, a buy back at 55 "just to be on the safe side" didn't make much sense
  • #363,251
  • Feb 13, 2014 8:25am Feb 13, 2014 8:25am
Looks like red news was priced in.
With so much corruption specially in London lately it won't surprise me tipped off data since yesterday.
Even in Asia there was no hesitation.
In trading, you have to be defensive and aggressive at the same time
  • #363,252
  • Feb 13, 2014 8:29am Feb 13, 2014 8:29am
Quoting Davit
Looks like red news was priced in. With so much corruption specially in London lately it won't surprise me tipped off data since yesterday. Even in Asia there was no hesitation.
Well, I don't know if it's that. We haven't had much good data recently, and the forecasts were low. Everyone, including us was talking about red data in the UJ thread as well (I said this as early as Tuesday). China data is leaked but not US data
  • #363,253
  • Feb 13, 2014 8:35am Feb 13, 2014 8:35am
Moved SL 6647 for 6650 shorts
I kind of feel ok.Even with 1.65 I'll be in decent profit but aiming lower
My DD never went above 15% of account
In trading, you have to be defensive and aggressive at the same time
  • #363,254
  • Feb 13, 2014 8:40am Feb 13, 2014 8:40am
Short @1,6652 with TP @1,6305.

My sell signal was the big upside wick which formed on the last 1H candle
  • #363,255
  • Feb 13, 2014 8:41am Feb 13, 2014 8:41am
Quoting Pipocrates
im going to short the sh*t out of this 666
  • #363,256
  • Feb 13, 2014 9:05am Feb 13, 2014 9:05am
Long that shit ! again i am in 6600 level. last time was closed short 6600 at 6598 +2 pips profit and at 6250 just remembered that i was having 6600 with +2 pips profit. u know guys and not guys the psyhology beats technicals dont u think?
now very the same. i want to keep my short but again the pressure is big. i know we go back to 6450 then maybe to 6300 but i am unable to wait that long. this week is pretty interesting.
remember my monday forecast
  • #363,257
  • Feb 13, 2014 9:11am Feb 13, 2014 9:11am
Ill go long when i close my short at 6480

  • #363,258
  • Feb 13, 2014 9:12am Feb 13, 2014 9:12am
Quoting Trader88q
i dont count on one metodology i got 5 or 6 of them. I count on all methods both smashed togother in one and making decition where to buy or sell. Now the situation is so. As i told if we will brake 6460 and hit 6500 be sure we are not gona go back to 6250 soon. No. Not that way. We will definetlly again will returt to 6700. I see the side chanell 6670-6250 like it was in october november 5920-6260 remember? Look: {image}
My monday forecast
  • #363,259
  • Feb 13, 2014 9:14am Feb 13, 2014 9:14am
Quoting Trader88q
Long that shit ! again i am in 6600 level. last time was closed short 6600 at 6598 +2 pips profit and at 6250 just remembered that i was having 6600 with +2 pips profit. u know guys and not guys the psyhology beats technicals dont u think? now very the same. i want to keep my short but again the pressure is big. i know we go back to 6450 then maybe to 6300 but i am unable to wait that long. this week is pretty interesting. remember my monday forecast
sorry but you sound like me today , you want to get on with something but it just ant happening i think we both need a cup of tea regards lol
  • #363,260
  • Feb 13, 2014 9:15am Feb 13, 2014 9:15am
Hi All...though US data is weak still why GBP/USD is falling? Any thoughts?
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