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Cable Update (GBPUSD)

  • #366,901
  • Mar 4, 2014 1:32am Mar 4, 2014 1:32am
Quoting nAVIN2007
i think i am a fairly descent trader but this market has me stumped completely..this bull strength is unbelievable
try German DAX if you like unexpected flips



Attached Image (click to enlarge)
Click to Enlarge Name: ger30mar14_h1_040314.png Size: 37 KB
Hero calls followed by margin calls...
  • #366,902
  • Mar 4, 2014 1:33am Mar 4, 2014 1:33am
Quoting Mr Mao
{quote} I have no idea on this pair,prefer to buy EUR/GBP @.8230. that's more tamed to me.
dont trade if you have no idea. Market will offer us reliable setups time by time

best,
Jonas
Hero calls followed by margin calls...
  • #366,903
  • Mar 4, 2014 1:35am Mar 4, 2014 1:35am
triple shoot
  • #366,904
  • Mar 4, 2014 1:47am Mar 4, 2014 1:47am
Quoting zoolc
triple shoot
yes peel the red candle away to green
  • #366,905
  • Mar 4, 2014 1:48am Mar 4, 2014 1:48am
cable drop dead​
With a good book and quality paper you can fine wipe your ass.
  • #366,906
  • Mar 4, 2014 1:52am Mar 4, 2014 1:52am
Quoting SmallPaul
{quote} I Agree, i just went long at 1.6702, s/l 1.6657, t/p 1.6773. we shall see
in toooo early should of been looking at the 15 min chart long at 6677 if it makes that that will be 2 lots ?? crazy got a headache and it is only 10 am
  • #366,907
  • Mar 4, 2014 1:53am Mar 4, 2014 1:53am
Quoting Suffo
cable drop dead​
it is about time...
  • #366,908
  • Mar 4, 2014 1:54am Mar 4, 2014 1:54am
Quoting Suffo
cable drop dead​
wait until satisfied
  • #366,909
  • Mar 4, 2014 1:54am Mar 4, 2014 1:54am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd_h1_040314.png Size: 63 KB
Hero calls followed by margin calls...
  • #366,910
  • Mar 4, 2014 1:56am Mar 4, 2014 1:56am
Things I love about the FX market

Construction PMI above 50 = expansion 62.6 vs 63.6 is small change

A small miss printing in the 60's and we blast through minor support levels with a huge over-reaction to the fact the economy is expanding and doing well still... Maybe what we're really seeing is an over-valued currency looking for excuses to return to normal levels....
  • #366,911
  • Mar 4, 2014 1:56am Mar 4, 2014 1:56am
Quoting Suffo
sell 710 sl 736 tp 580+
out 674
With a good book and quality paper you can fine wipe your ass.
  • #366,912
  • Mar 4, 2014 1:57am Mar 4, 2014 1:57am
one more scalpers heaven week.
  • #366,913
  • Mar 4, 2014 1:59am Mar 4, 2014 1:59am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 102 KB
looking for help now 3o min chart
  • #366,914
  • Mar 4, 2014 1:59am Mar 4, 2014 1:59am
Quoting elbert3
{quote} yes peel the red candle away to green
congrats on the pips but still... cant deny the stress that came with it
  • #366,915
  • Mar 4, 2014 1:59am Mar 4, 2014 1:59am
bears look set to retake 655
  • #366,916
  • Mar 4, 2014 1:59am Mar 4, 2014 1:59am
Quoting PhAnTi'
{image}
Yup
  • #366,917
  • Mar 4, 2014 2:04am Mar 4, 2014 2:04am
We had enough of the rise...time to head back to 1.64xx this time. Maybe lower
COT: The precious data ignored
  • #366,918
  • Mar 4, 2014 2:07am Mar 4, 2014 2:07am
Quoting IveGotQuads
{quote} congrats on the pips but still... cant deny the stress that came with it
no mate re read the posts i missed the 61 fib entry bu 4 pips i think, that is why i am rethinking the move??? losing money now but the second long i just took might come off i will pull the plug if it breaks the trending line on the last chart ??
  • #366,919
  • Mar 4, 2014 2:11am Mar 4, 2014 2:11am
Quoting PhAnTi'
{quote} try German DAX if you like unexpected flips {image}
that look like a beast to trade
  • #366,920
  • Mar 4, 2014 2:12am Mar 4, 2014 2:12am
by the way guys im still short but rather fedup
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