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Cable Update (GBPUSD)

  • #364,281
  • Feb 17, 2014 8:32pm Feb 17, 2014 8:32pm
I wonder how many swing trader we have out here. To me, most of the successful traders I know are swinger . Scalper only do well for a short period of time and disappear. How many swinger do we have here??
  • #364,282
  • Feb 17, 2014 8:34pm Feb 17, 2014 8:34pm
Quoting Capelli
I wonder how many swing trader we have out here. To me, most of the successful traders I know are swinger . Scalper only do well for a short period of time and disappear. How many swinger do we have here??
Swing on M1 or Monthly chart
  • #364,283
  • Feb 17, 2014 8:35pm Feb 17, 2014 8:35pm
Quoting Ken A
{quote} Swing on M1 or Monthly chart
Are you serious
  • #364,284
  • Feb 17, 2014 8:36pm Feb 17, 2014 8:36pm
Quoting Capelli
{quote} Are you serious
And the min pips target to be considered as a swinger
  • #364,285
  • Feb 17, 2014 8:38pm Feb 17, 2014 8:38pm
Quoting Ken A
{quote} And the min pips target to be considered as a swinger

Swing from H4 up to Monthly
  • #364,286
  • Feb 17, 2014 8:40pm Feb 17, 2014 8:40pm
Quoting Capelli
{quote} Swing from H4 up to Monthly
Yes, but minimum pips target? 500 - 1,000 pips? If so, count me in
  • #364,287
  • Feb 17, 2014 8:40pm Feb 17, 2014 8:40pm
Quoting Capelli
I wonder how many swing trader we have out here. To me, most of the successful traders I know are swinger . Scalper only do well for a short period of time and disappear. How many swinger do we have here??
Swinger
In trading, you have to be defensive and aggressive at the same time
  • #364,288
  • Feb 17, 2014 8:41pm Feb 17, 2014 8:41pm
Quoting Ken A
{quote} Yes, but minimum pips target? 500 - 1,000 pips? If so, count me in
i would say more like 50 to 300 pips. 500 to 1000 is for longterm
  • #364,289
  • Feb 17, 2014 8:43pm Feb 17, 2014 8:43pm
Quoting Davit
{quote} Swinger

We should open a club and invite all the perverts..... I mean swingers
  • #364,290
  • Feb 17, 2014 8:44pm Feb 17, 2014 8:44pm
Quoting Capelli
{quote} i would say more like 50 to 300 pips. 500 to 1000 is for longterm
I see. Long term and short term swinger

Which one is you
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  • #364,291
  • Feb 17, 2014 8:46pm Feb 17, 2014 8:46pm
Quoting Ken A
{quote} I see. Long term and short term swinger Which one is you {image}

The dialogue makes it even more funny
  • #364,292
  • Feb 17, 2014 8:47pm Feb 17, 2014 8:47pm
Swinger too
  • #364,293
  • Feb 17, 2014 8:50pm Feb 17, 2014 8:50pm
Quoting Azim
Swinger too
Good choice
  • #364,294
  • Feb 17, 2014 8:50pm Feb 17, 2014 8:50pm
Quoting Capelli
{quote} I couldnt agree more. By the way, Nice office
Thanks it serves 2 purposes.
There are those who know, and there are those who don't know.
  • #364,295
  • Feb 17, 2014 8:51pm Feb 17, 2014 8:51pm
Pound is 1.6723.. I wonder.. If its a play to get people to buy in, and then SLAM and fall down. Almost maybe a venues trap type play. Make some people feel a move to 1.68.. Buy in and then later.. Drop down.
There are those who know, and there are those who don't know.
  • #364,296
  • Feb 17, 2014 8:55pm Feb 17, 2014 8:55pm
Quoting palabara
Pound is 1.6723.. I wonder.. If its a play to get people to buy in, and then SLAM and fall down. Almost maybe a venues trap type play. Make some people feel a move to 1.68.. Buy in and then later.. Drop down.
It retraced right to the dot to Mid of Friday's candle - there must be a reason

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  • #364,297
  • Feb 17, 2014 8:56pm Feb 17, 2014 8:56pm
Quoting palabara
Pound is 1.6723.. I wonder.. If its a play to get people to buy in, and then SLAM and fall down. Almost maybe a venues trap type play. Make some people feel a move to 1.68.. Buy in and then later.. Drop down.
Veer2010 did say a London desk was selling short down to 1.63.

If he is right, then this rise is perfect for London opening to sell into.
  • #364,298
  • Feb 17, 2014 9:47pm Feb 17, 2014 9:47pm
Lot's of action right now. Must be Japan.
  • #364,299
  • Feb 17, 2014 10:05pm Feb 17, 2014 10:05pm
Quoting Baggi
{quote} Veer2010 did say a London desk was selling short down to 1.63. If he is right, then this rise is perfect for London opening to sell into.
hitting 1.673x...if this is true, it means 1.674x has turned as resistance for the basis to be shorting at this level
  • #364,300
  • Feb 17, 2014 10:08pm Feb 17, 2014 10:08pm
In my opinion the market seems divided. The price differences are growing. Which could mean their will be gaps needing to be filled. In case someone doesn't understand the correlations between the curruncies are widening, at some point they will retighten which will be closing the gaps.
There are those who know, and there are those who don't know.
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