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Cable Update (GBPUSD)

  • #365,421
  • Feb 21, 2014 11:10am Feb 21, 2014 11:10am
It would be nice to be under 66 weeks close today.
Approaching fast
In trading, you have to be defensive and aggressive at the same time
  • #365,422
  • Feb 21, 2014 11:12am Feb 21, 2014 11:12am
Quoting Suffo
i will probably close this bitch-before close
Its always better to stop and rest after a bad trade. If you keep on adding or try to revenge on the market, you will lose even more.
  • #365,423
  • Feb 21, 2014 11:12am Feb 21, 2014 11:12am
Quoting Suffo
sell 661 sl 690
out 617
With a good book and quality paper you can fine wipe your ass.
  • #365,424
  • Feb 21, 2014 11:13am Feb 21, 2014 11:13am
Quoting Capelli
{quote} Its always better to stop and rest after a bad trade. If you keep on adding or try to revenge on the market, you will lose even more.
THX!!
With a good book and quality paper you can fine wipe your ass.
  • #365,425
  • Feb 21, 2014 11:13am Feb 21, 2014 11:13am
Quoting Davit
It would be nice to be under 66 weeks close today. Approaching fast
bird changes face fast
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #365,426
  • Feb 21, 2014 11:13am Feb 21, 2014 11:13am
Quoting taomql4
{quote} Funny you say that !!! lol - I'm expecting some kind of a Zig Zag pattern( 4hr chart..) to finish the week .. Short now , will go long , then short to end the week .. Will see how she goes .. {image}
Alright , That concludes the Zig-Zag ( M) Pattern - Opened my last SELL order .. Sorry to those that got caught Up there , Pretty nasty move .. ..

It's Going to be a Fire Place , and Music weekend for me ..


Nice Weekend ..


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  • #365,427
  • Feb 21, 2014 11:14am Feb 21, 2014 11:14am
Quoting Davit
{quote} Hi Citiboy I enjoy reading your posts breath of fresh air however Cable run up from 1.49 June of 2013 had probably nothing to do with Verizon deal which I believe is recent transaction. REgards

This has been hanging over our head for almost a year ...

http://www.forexlive.com/blog/2013/0...odaphone-news/
Twitter: @TrendersGame
  • #365,428
  • Feb 21, 2014 11:14am Feb 21, 2014 11:14am
Now EU has to go down a bit and I will have made myself a 2nd salary this month with the E&G drops.
  • #365,429
  • Feb 21, 2014 11:14am Feb 21, 2014 11:14am
we do sit on tl now but things look very much like that won't hold ,high prob weekly bearish ,



Quoting Bones
if you think about it although a higher high was made price is within consolidation ,huge res off that high {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #365,430
  • Feb 21, 2014 11:15am Feb 21, 2014 11:15am
Atlas the bear has awaken from hibernation...next week will be fun
  • #365,431
  • Feb 21, 2014 11:16am Feb 21, 2014 11:16am
Quoting Citiboy
{quote} This has been hanging over our head for almost a year ... http://www.forexlive.com/blog/2013/0...odaphone-news/
I was unaware.Changes everything.Thanks bro.
In trading, you have to be defensive and aggressive at the same time
  • #365,432
  • Feb 21, 2014 11:18am Feb 21, 2014 11:18am
expect gap down-i still hold one position
good luck!!
With a good book and quality paper you can fine wipe your ass.
  • #365,433
  • Feb 21, 2014 11:19am Feb 21, 2014 11:19am
and drink some bear
With a good book and quality paper you can fine wipe your ass.
  • #365,434
  • Feb 21, 2014 11:21am Feb 21, 2014 11:21am
Haha! Bears have prevailed.
There are those who know, and there are those who don't know.
  • #365,435
  • Feb 21, 2014 11:23am Feb 21, 2014 11:23am
Question is will we have the same scenario as 30/04/2012, PA is the same.
COT: The precious data ignored
  • #365,436
  • Feb 21, 2014 11:23am Feb 21, 2014 11:23am
Quoting ffleo
{quote} bird changes face fast
I get bored of same avatar.I often change my works on my studio.Keeps things fresh.
In trading, you have to be defensive and aggressive at the same time
  • #365,437
  • Feb 21, 2014 11:26am Feb 21, 2014 11:26am
Quoting palabara
Haha! Bears have prevailed.
I closed the short which I opened at 1.6721 2 hours ago -- at 1.6625ish. I still holding 3 shorts till 1.6553
There are those who know, and there are those who don't know.
  • #365,438
  • Feb 21, 2014 11:29am Feb 21, 2014 11:29am
Quoting palabara
{quote} I closed the short which I opened at 1.6721 2 hours ago -- at 1.6625ish. I still holding 3 shorts till 1.6553
i've closed too
see you next week
  • #365,439
  • Feb 21, 2014 11:30am Feb 21, 2014 11:30am
Quoting zoolc
{quote} i've closed too see you next week
Nice job bud, enjoy your weekend!
There are those who know, and there are those who don't know.
  • #365,440
  • Feb 21, 2014 11:31am Feb 21, 2014 11:31am
Quoting JeremyWS
{quote} Interesting read on GBP flow from barx - https://www.dropbox.com/s/i1u4f7cgbissbme/barx.pdf There is still a lot of this flow thats going to hit the market next week. Todays drop after the WMR fix was short term specs expecting there to be some vodafone flow today, but that didnt happen and they unwound quickly in the low liquid times just after the fix. I've said before - from the traders I know, most see next tuesday being the most likely date for the biggest flow on the fix, but they could be wrong. It will be interesting none...
It's possible that there's more flow to be filtered through, but Verizon was doing quite a lot of transfers leading up to today with the Sterling certificates they issued as well as the transfers completed by fund managers. The M&A wasn't a pure cash play, with around 60B going to shareholders in the form of stocks. But you may be right about next Tuesday, so we'll have to wait and see.

BTW Jeremy, it's not a good idea to post personal Bloomberg chat conversations on the net. You never know if there might be information contained in them that Nigel or the lads at G-10 might not want out there.

Just a thought.

Have a great weekend.
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