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Cable Update (GBPUSD)

  • #365,001
  • Feb 20, 2014 6:28am Feb 20, 2014 6:28am
Quoting Trader88q
if 6635 will be dramatically blowen up then 6535 in 1 hour candle. Another thing id 6635 will stand today then it will shoot up to 6735 again.
just read your post took my sl below and on the 1 min looks like we had a bounce at 64435 loaded again 6650 need to break out off this range now
  • #365,002
  • Feb 20, 2014 6:40am Feb 20, 2014 6:40am
Quoting PoundTrader
{quote}i pick my side so the world can see, good luck to all
Nice to have you on Bear side PT
In trading, you have to be defensive and aggressive at the same time
  • #365,003
  • Feb 20, 2014 6:43am Feb 20, 2014 6:43am
sold and gone short ,fight between 6643 and 6659 i think i will just scalp the range the way it is going
  • #365,004
  • Feb 20, 2014 6:48am Feb 20, 2014 6:48am
if you look at the candles on the 30 min its crazy , do you scalp, or breakout trade there is no clue best to breakout trade i think sold few pips profit tea time break out to the long i think
  • #365,005
  • Feb 20, 2014 7:08am Feb 20, 2014 7:08am
Up up up! placed a long at .6648 closed at.6679
  • #365,006
  • Feb 20, 2014 7:12am Feb 20, 2014 7:12am
Quoting Davit
{quote} Nice to have you on Bear side PT
im not to much of a forum poster on my trades like i was back in the day, to me it's blurs your vision a little
  • #365,007
  • Feb 20, 2014 7:19am Feb 20, 2014 7:19am
Quoting Davit
{quote} I played 2games and nobody I can log in again.I play 5min games just like fast games. Edit I am in
thanks davit! much appreciated it!
A handful of patience is worth a bushel of brains
  • #365,008
  • Feb 20, 2014 7:26am Feb 20, 2014 7:26am
any trade idea pros , I put a buy stop and sell stop at both sides of the current value with a 20 pip profit and 10 pip loss orders. Is that a good idea Lol
Everything you want lies on the other side of fear.
  • #365,009
  • Feb 20, 2014 7:47am Feb 20, 2014 7:47am
sell 682 sl 709 tp 635+
With a good book and quality paper you can fine wipe your ass.
  • #365,010
  • Feb 20, 2014 7:50am Feb 20, 2014 7:50am
Quoting Neeraj_Raj
any trade idea pros , I put a buy stop and sell stop at both sides of the current value with a 20 pip profit and 10 pip loss orders. Is that a good idea Lol
Clearly you have no idea what you are doing. 10 pip stop will be shaken out like a bag of bird's eggs. Use S/R
All posts are my personal opinion
  • #365,011
  • Feb 20, 2014 7:51am Feb 20, 2014 7:51am
If the market can maintain this elevated level without going to the 38 fib until Yellen testifies on Tuesday, I think that's a good sign for bears.

We get a daily close below 66 after Yellen, and I think it's on...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily1.png Size: 27 KB
Come with me if you want to live....
  • #365,012
  • Feb 20, 2014 7:55am Feb 20, 2014 7:55am
looks like pound will back to 6800 level this week
cha cha ! MM is playing with retailers as usually nothing new.
  • #365,013
  • Feb 20, 2014 7:55am Feb 20, 2014 7:55am
Quoting Rtm
{quote} Clearly you have no idea what you are doing. 10 pip stop will be shaken out like a bag of bird's eggs. Use S/R
thanks a lot, by the time I see the financial calendar for data, the market has already reacted. And I keep getting requotes. How to trade news I have a hard time figuring it out ...
Everything you want lies on the other side of fear.
  • #365,014
  • Feb 20, 2014 7:55am Feb 20, 2014 7:55am
Quoting Suffo
sell 682 sl 709 tp 635+
out 687
With a good book and quality paper you can fine wipe your ass.
  • #365,015
  • Feb 20, 2014 7:56am Feb 20, 2014 7:56am
Price didnt drop below 6635 as i said. so in 24h it will hit 6770 as minimum or even will make new high suppose 6843
  • #365,016
  • Feb 20, 2014 7:59am Feb 20, 2014 7:59am
sell 688 sl 709 tp 635+
With a good book and quality paper you can fine wipe your ass.
  • #365,017
  • Feb 20, 2014 7:59am Feb 20, 2014 7:59am
6845

i will short 6800 maybe 6825 and will take profit at 6050. Will keep that f.b 1 2 3 months.
  • #365,018
  • Feb 20, 2014 7:59am Feb 20, 2014 7:59am
Quoting Trader88q
Price didnt drop below 6635 as i said. so in 24h it will hit 6770 as minimum or even will make new high suppose 6843
how about the Philadelphia manufacturing index ? if that turns out to be better could it go down ???? or thisa is it for today
Everything you want lies on the other side of fear.
  • #365,019
  • Feb 20, 2014 8:03am Feb 20, 2014 8:03am
Quoting Neeraj_Raj
{quote} how about the Philadelphia manufacturing index ? if that turns out to be better could it go down ???? or thisa is it for today
Philadelphia manufacturing index? look ! how do you think one indicator can rule the price?? CPI is more importand than this one and this week we had UK CPI DOWN 1.9 UK UNEMP. UP 7.2% and that didnt have a huge bears. So if that didnt work then there is only two directions. If one fails another comes. UP UP dont short now.
  • #365,020
  • Feb 20, 2014 8:05am Feb 20, 2014 8:05am
Quoting Trader88q
{quote} Philadelphia manufacturing index? look ! how do you think one indicator can rule the price?? CPI is more importand than this one and this week we had UK CPI DOWN 1.9 UK UNEMP. UP 7.2% and that didnt have a huge bears. So if that didnt work then there is only two directions. If one fails another comes. UP UP dont short now.
I am getting the drift now, thanks a ton
Everything you want lies on the other side of fear.
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