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Cable Update (GBPUSD)

  • #364,141
  • Feb 17, 2014 8:59am Feb 17, 2014 8:59am
Quoting Davit
15 shorts TP moved to 1.63
may i ask what TF are you looking at?
  • #364,142
  • Edited 9:16am Feb 17, 2014 9:05am | Edited 9:16am
Quoting cheater
{quote} may i ask what TF are you looking at?
If numbers come out negative 1week more or less.We already had 100pip drop in 8hrs.Not worried hitting TP
I don't worry anyway.

Hi Surgeon
Had a great night in Chess. Won 9 consecutive games 5min each
beats watching charts
In trading, you have to be defensive and aggressive at the same time
  • #364,143
  • Feb 17, 2014 9:16am Feb 17, 2014 9:16am
took profit on 2 shorts 6715 little false move i think on the 15min i will see were it goes i have a sell order 6993 still look 6744 to short again
  • #364,144
  • Feb 17, 2014 9:24am Feb 17, 2014 9:24am
Quoting Davit
15 shorts TP moved to 1.63
if u are looking 6300 area i would take 6350 level cause its strong support. It could brake 6600 easy and maybe 6475 support but at 6350 it will strongly could retrace by 76% of fibobachi level. So u will need to wait one more or few weeks it even trend will go down.
Now in coming days the 6600 will be under attack by i think here strong bulls come again and defend it to brake down the spirit of bear for more attacks.
so this week low 6600 i think and high 6855.

Why 6855 because the huge freaky impulse wave started from 5855 at november 13 2013. Remember that day so well. Most of us was thinking about 5700.
  • #364,145
  • Feb 17, 2014 9:37am Feb 17, 2014 9:37am
Quoting Davit
... Hi Surgeon Had a great night in Chess. Won 9 consecutive games 5min each beats watching charts
Yeah, Chess. It allows me sit through nervy trades. And, it's like trading in a strange way.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #364,146
  • Feb 17, 2014 9:38am Feb 17, 2014 9:38am
Quoting Trader88q
{quote} if u are looking 6300 area i would take 6350 level cause its strong support. It could brake 6600 easy and maybe 6475 support but at 6350 it will strongly could retrace by 76% of fibobachi level. So u will need to wait one more or few weeks it even trend will go down. Now in coming days the 6600 will be under attack by i think here strong bulls come again and defend it to brake down the spirit of bear for more attacks. so this week low 6600 i think and high 6855. Why 6855 because the huge freaky impulse wave started from 5855 at november...
entire area is support not just 6350 .To me its "safe " TP 6250 too low 6350 too high 63 right on target Bulls eye.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.daily.png Size: 39 KB
In trading, you have to be defensive and aggressive at the same time
  • #364,147
  • Feb 17, 2014 9:45am Feb 17, 2014 9:45am
Quoting surgeon
{quote} Yeah, Chess. It allows me sit through nervy trades. And, it's like trading in a strange way.
Trained my 2 sons.My younger one is in New Jersey now competing in nationals.
Love Chess.I like even playing drunk.Fun part is after 2drinks you start using right side of the brain,creative part,daring great moves.After 4th drink your neurons start firing slower and that's when you put a bishop in front of pawn
I am glad you like it.Great mental sport.
In trading, you have to be defensive and aggressive at the same time
  • #364,148
  • Feb 17, 2014 9:46am Feb 17, 2014 9:46am
Hi my name is Nitsan
Trade about seven years
I will start to raise here deals I take

GBP SHORT ..see pic..my first entery was in the open..in fibo 127.2
Attached Image (click to enlarge)
Click to Enlarge Name: GBPSHORTDAILYNITSAN2.jpg Size: 90 KB
  • #364,149
  • Feb 17, 2014 9:52am Feb 17, 2014 9:52am
Quoting Davit
{quote} entire area is support not just 6350 .To me its "safe " TP 6250 too low 6350 too high 63 right on target Bulls eye. {image}
Davit what is your reason for sell at those prices and where is your stop loss?
  • #364,150
  • Feb 17, 2014 9:55am Feb 17, 2014 9:55am
Quoting Davit
{quote} Trained my 2 sons.My younger one is in New Jersey now competing in nationals. Love Chess.I like even playing drunk.Fun part is after 2drinks you start using right side of the brain,creative part,daring great moves.After 4th drink your neurons start firing slower and that's when you put a bishop in front of pawn I am glad you like it.Great mental sport.
Yes, always fun. I just wanted to play some games on chess.com. Some guy wanted to troll me how stupid I was and the usual stuff. I lost some games on purpose, then when he felt so confident won all lol. Do not give trolls a chance to troll you.
Fix up, trade sharp ...
  • #364,151
  • Feb 17, 2014 10:00am Feb 17, 2014 10:00am
Quoting Trader88q
{quote} if u are looking 6300 area i would take 6350 level cause its strong support. It could brake 6600 easy and maybe 6475 support but at 6350 it will strongly could retrace by 76% of fibobachi level. So u will need to wait one more or few weeks it even trend will go down. Now in coming days the 6600 will be under attack by i think here strong bulls come again and defend it to brake down the spirit of bear for more attacks. so this week low 6600 i think and high 6855. Why 6855 because the huge freaky impulse wave started from 5855 at november...
Call me crazy but i may hold a short for 1.57xx or lower !
COT: The precious data ignored
  • #364,152
  • Feb 17, 2014 10:01am Feb 17, 2014 10:01am
Quoting Nitsan_Levi
Hi my name is Nitsan Trade about seven years I will start to raise here deals I take GBP SHORT ..see pic..my first entery was in the open..in fibo 127.2 {image}
GL

I know of a few Nitzan, cute ladies
COT: The precious data ignored
  • #364,153
  • Feb 17, 2014 10:12am Feb 17, 2014 10:12am
Quoting trexy123
{quote} Davit what is your reason for sell at those prices and where is your stop loss?
Hi
I posted here many times how I trade and got too many troll attacks, method,lot sizes distorted etc.In short people like to tell you "I am going to blow my account"
Most people wired negatively.I am not going into details anymore how I trade suffice to say my SL has not been reached.
In trading, you have to be defensive and aggressive at the same time
  • #364,154
  • Feb 17, 2014 10:15am Feb 17, 2014 10:15am
Quoting Nitsan_Levi
Hi my name is Nitsan Trade about seven years I will start to raise here deals I take GBP SHORT ..see pic..my first entery was in the open..in fibo 127.2 {image}
Hi Nitsan
Yes I posted same fib extension 127.2 as high probability area for shorts.
GL to you
In trading, you have to be defensive and aggressive at the same time
  • #364,155
  • Feb 17, 2014 10:16am Feb 17, 2014 10:16am
6711 is a sell signal not sure what this is like it is the first time i have used one, i have to sl myself i think 6735 see how it comes off ,i will post results
  • #364,156
  • Feb 17, 2014 10:20am Feb 17, 2014 10:20am
Quoting elbert3
6711 is a sell signal not sure what this is like it is the first time i have used one, i have to sl myself i think 6735 see how it comes off ,i will post results
You are selling into support. Good luck though, who knows how far it'll drop...
  • #364,157
  • Feb 17, 2014 10:23am Feb 17, 2014 10:23am
Quoting elbert3
6711 is a sell signal not sure what this is like it is the first time i have used one, i have to sl myself i think 6735 see how it comes off ,i will post results
If you have ammunition left hold your shorts until data release.In case jumps to 1.69
I have not entered any new shorts.
In trading, you have to be defensive and aggressive at the same time
  • #364,158
  • Feb 17, 2014 10:26am Feb 17, 2014 10:26am
The top is only short-term. No way in hell would market let people in so easy for a long-term, big move top. We'll be back at the highs soon. Can definitely go a little lower, though, first.
  • #364,159
  • Feb 17, 2014 10:26am Feb 17, 2014 10:26am
Quoting kuroro001
{quote} Call me crazy but i may hold a short for 1.57xx or lower !
Its not crazy.We are top of 5yr range. 1.57 is doable depending how dollar does next 6months.If Yellen starts tapering aggressively we can see serious drop on GU and EU
In trading, you have to be defensive and aggressive at the same time
  • #364,160
  • Feb 17, 2014 10:28am Feb 17, 2014 10:28am
I think there will be buying interest at the 1.66 region. Then a final push towards the 1.6850 area and then a free fall.
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