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Cable Update (GBPUSD)

  • #367,461
  • Mar 6, 2014 12:00pm Mar 6, 2014 12:00pm
ok. Maybe tommorow.
  • #367,462
  • Mar 6, 2014 12:02pm Mar 6, 2014 12:02pm
and next week be ready
With a good book and quality paper you can fine wipe your ass.
  • #367,463
  • Mar 6, 2014 12:03pm Mar 6, 2014 12:03pm
all right then
  • #367,464
  • Mar 6, 2014 12:03pm Mar 6, 2014 12:03pm
GL-man
With a good book and quality paper you can fine wipe your ass.
  • #367,465
  • Mar 6, 2014 12:07pm Mar 6, 2014 12:07pm
ok. Thanx. You too
  • #367,466
  • Mar 6, 2014 12:10pm Mar 6, 2014 12:10pm
Quoting Suffo
GL-man
hi did you check your inbox
  • #367,467
  • Mar 6, 2014 12:13pm Mar 6, 2014 12:13pm
thx elbert i will check!
With a good book and quality paper you can fine wipe your ass.
  • #367,468
  • Mar 6, 2014 12:16pm Mar 6, 2014 12:16pm
short to 6725 to 67415 sl 7 pips
  • #367,469
  • Mar 6, 2014 12:19pm Mar 6, 2014 12:19pm
Quoting Suffo
thx elbert i will check!
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same move on the day i missed it could of had a fortune
  • #367,470
  • Mar 6, 2014 12:20pm Mar 6, 2014 12:20pm
sometimes it's hard to admit your in a bad trade you want to believe your right when your wrong, there's more upside to go, it broke the top channel but im staying away from this pair because it's to late in the week to go long and i don't hold trades into friday unless i got in early in the week. good luck to all http://www.easyfreesmileys.com/smileys/dancing-baby.jpg
  • #367,471
  • Mar 6, 2014 12:37pm Mar 6, 2014 12:37pm
Quoting PoundTrader
sometimes it's hard to admit your in a bad trade you want to believe your right when your wrong, there's more upside to go, it broke the top channel but im staying away from this pair because it's to late in the week to go long and i don't hold trades into friday unless i got in early in the week. good luck to all {image}
Hi Pound trader,
GU is terribly overbought at the moment. There is also a rather amazing band squeeze and price is far above the upper band. Within the next 24 hours, I expect price to dip below 1.6674 from where it can find fresh buyers.
Happy trading!
  • #367,472
  • Mar 6, 2014 12:49pm Mar 6, 2014 12:49pm
Quoting pipcenturion
{quote} Hi Pound trader, GU is terribly overbought at the moment. There is also a rather amazing band squeeze and price is far above the upper band. Within the next 24 hours, I expect price to dip below 1.6674 from where it can find fresh buyers. Happy trading!
happy trading to you too http://www.easyfreesmileys.com/smileys/computer-13.gif
  • #367,473
  • Mar 6, 2014 1:22pm Mar 6, 2014 1:22pm
Quoting PoundTrader
{quote}happy trading to you too {image}
jeez I hope this is true right now. I've got some sell positions open
  • #367,474
  • Mar 6, 2014 2:05pm Mar 6, 2014 2:05pm
Quoting chazzle
{quote} funny you say that , I was looking at Jay Norris' (Trout) site yesterday after he had a post in the news section ... went to a post of his from OCT31 2012 - where he points out a solid case for long USDJPY, citing "the golden age of FX is upon us..." then at the end states a disclaimer ..."I don't have a position in any instrument mentioned..." I thought "shit!! Why not?" lol .... I myself had a long position in EURJPY in November of that year after a H4 morning star pattern - I stupidly closed it way early .... I still put a ruler tool...
Oh, Chazzle, don’t remind me. Hindsight is a painful thing to practise. I dare not put any ruler on my Geppy chart - having shouted quite a lot at the time about the green standard fib at 118 probably marking the bottom.

Right, that’s all I’ll say on the matter... in a hotel at the moment, and quite high up, so don’t want depression to help push me off the ledge.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #367,475
  • Mar 6, 2014 2:06pm Mar 6, 2014 2:06pm
Bears Situation these days
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  • #367,476
  • Mar 6, 2014 2:24pm Mar 6, 2014 2:24pm
Quoting needpips
{quote} i see excel on the right....what predictve input produces the future patterns? seems like your spot on on every call
I only use the excel to plot charts , and keep track of data points ( Accumulation & distribution levels using V.S.A ...) so as to link them up where it makes the most sense ..

Accumulation levels moves++> Distribution levels moves++>Accumulation Levels .. e.t.c The way Price moves ...


.....
Already in SHORT position , because I suspect we are moving down ...will post later..
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  • #367,477
  • Mar 6, 2014 2:47pm Mar 6, 2014 2:47pm
long again 1.6737 sl manage
  • #367,478
  • Mar 6, 2014 2:53pm Mar 6, 2014 2:53pm
Quoting elbert3
long again 1.6737 sl manage
base on price action she looks like she wanna go upto 1.6850 area
  • #367,479
  • Mar 6, 2014 2:59pm Mar 6, 2014 2:59pm
Quoting PoundTrader
{quote}base on price action she looks like she wanna go upto 1.6850 area
yes crazy ?? i cant complain i have done very well, but it might come down a bit more , just trying to get in .
  • #367,480
  • Mar 6, 2014 3:08pm Mar 6, 2014 3:08pm
Looks like we might get a little retrace on top , not too sure how big ...
Will probably open up another short , if it does happen ...


As Always - Do Your own analysis ..
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