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Cable Update (GBPUSD)

  • #366,581
  • Feb 28, 2014 7:08am Feb 28, 2014 7:08am
Quoting Trader88q
Horible week. Monay tuesday + 25 + 74 then - 118 at thusday sometimes nothing works just dont know. have 10 indicators that tell me pound will crash soon but it is going up or playing nothing.
Pound will not fall before touching 1.7 or near that level.
  • #366,582
  • Feb 28, 2014 7:09am Feb 28, 2014 7:09am
Quoting PayTheLimit
try some 6688 longs, 6683 stop...for a scalp...
ship sailed...have a good weekend..
Look Sharp/Trade Tight
  • #366,583
  • Feb 28, 2014 7:13am Feb 28, 2014 7:13am
Quoting elbert3
{image} you can see were i am trying on this demo, i have been using this platform, now for 2 weeks and ting the signal that you see ,
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 101 KB
sl to 6703 lets see if it keeps in the tl which will be rising long
  • #366,584
  • Feb 28, 2014 7:28am Feb 28, 2014 7:28am
Quoting elbert3
{quote}{image} sl to 6703 lets see if it keeps in the tl which will be rising long
thats me out with profit 6715 look to go short
  • #366,585
  • Feb 28, 2014 7:58am Feb 28, 2014 7:58am
sell 722 sl 740
With a good book and quality paper you can fine wipe your ass.
  • #366,586
  • Feb 28, 2014 8:09am Feb 28, 2014 8:09am
the big guy is still collecting buyers to kill them all later
  • #366,587
  • Feb 28, 2014 8:15am Feb 28, 2014 8:15am
6880 is oct 2009 high ??
  • #366,588
  • Feb 28, 2014 8:17am Feb 28, 2014 8:17am
Quoting Suffo
sell 722 sl 740
Yo, what indicator are you using to signal short so early (at the time of your post)? Or do you trade by gut? Granted, it was overbought on many indicators, but the short term trend was/is still long my end. Just curious how you get your signal.
The trend is not your friend, it's your master.
  • #366,589
  • Feb 28, 2014 8:21am Feb 28, 2014 8:21am
6715 order , i am going short this will be the third time today i have used that number ??
  • #366,590
  • Feb 28, 2014 8:24am Feb 28, 2014 8:24am
I guess news move the market

"Euro Gains as Bonds Decline With Stocks on Inflation Data"
Eur Inflation y/y gain 0,1%

"Economy in U.S. Expanded at Slower Pace Than First Estimated"
Since US pre lim GDP is -2,4% compare to last quarter

And soon we have pending home sales from US , chigaco PMI,
FEd member speaks, and BOE governor Carney speaks

Tonght seems gonna have a turbulence !!
(I still have 2 lots open sell on GBP ),hoping this weekly and monthly closing will be
Below 1,6740
  • #366,591
  • Feb 28, 2014 8:24am Feb 28, 2014 8:24am
usdchf long 8799 lets hope this brings gbpusd down short 6720 gbpusd, short eurgbp at 8259, gold 1330 sl to manage
  • #366,592
  • Feb 28, 2014 8:26am Feb 28, 2014 8:26am
Quoting Suffo
sell 722 sl 740
out be
and good wikend
With a good book and quality paper you can fine wipe your ass.
  • #366,593
  • Feb 28, 2014 8:39am Feb 28, 2014 8:39am
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 96 KB
on the 15 min chart
  • #366,594
  • Feb 28, 2014 8:45am Feb 28, 2014 8:45am
Quoting PayTheLimit
{quote} still looking, maybe a push above 6698 will signal a turn back up..
@PayTheLimit:

PTL you are in the building shame on me, I'm just seeing your posts You are always right on the money 95% of the time. I took a 3hour 40min nap and now I'm back.

Over the wire, the talk is to shoot for 1.6818 - lets see what happens - 1.6670 is strong support.

HDA OUT
  • #366,595
  • Feb 28, 2014 8:52am Feb 28, 2014 8:52am
hello to all,

whats our opinion about about carneys speech ??

up / down / neutral ??
  • #366,596
  • Feb 28, 2014 9:00am Feb 28, 2014 9:00am
Quoting 2012fx
hello to all, whats our opinion about about carneys speech ?? up / down / neutral ??
Hard to say for me, 4H indicators a mixed, but mostly long, a 90 pip pull back from today's high says short. I could see it retesting the month's high, at least 1.68, but who knows! I'll be trading the price action in the moment
The trend is not your friend, it's your master.
  • #366,597
  • Feb 28, 2014 9:12am Feb 28, 2014 9:12am
10am eastern has past and its time for the GBP/USD to make its move.

HDA OUT
  • #366,598
  • Feb 28, 2014 9:14am Feb 28, 2014 9:14am
Quoting HDA
10am eastern has past and its time for the GBP/USD to make its move. HDA OUT
right after the Carney speech maybe
  • #366,599
  • Feb 28, 2014 9:18am Feb 28, 2014 9:18am
Quoting elbert3
usdchf long 8799 SL 8806 NOW lets hope this brings gbpusd down, short 6720 SLTP 6708 AND GO LONG OFF THE FAKE ON ENTRY, short eurgbp at 8259, gold 1330 SOLD 1325, sl to manage
SEE ABOVE
  • #366,600
  • Feb 28, 2014 9:21am Feb 28, 2014 9:21am
Quoting elbert3
{quote} see above
Attached Image (click to enlarge)
Click to Enlarge Name: 4.png Size: 97 KB
fake move and long to 6750
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