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Cable Update (GBPUSD)

  • #368,021
  • Mar 12, 2014 2:28am Mar 12, 2014 2:28am
every currency pair across the board is going crazy
  • #368,022
  • Mar 12, 2014 2:31am Mar 12, 2014 2:31am
Quoting elbert3
trying long 6596
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that has to be worth a go, some times dont wait where the trades a quoted to be trade the unexpected ??
  • #368,023
  • Mar 12, 2014 2:32am Mar 12, 2014 2:32am
here comes the zoom off 1.6600. Yawn.
Twitter: @TrendersGame
  • #368,024
  • Mar 12, 2014 2:33am Mar 12, 2014 2:33am
Selling Eur/Gbp around here ( .8340 ) might not be a bad idea...just a thought.
Writer, currency trader, madman
  • #368,025
  • Mar 12, 2014 2:35am Mar 12, 2014 2:35am
Quoting elbert3
{quote} {image} that has to be worth a go, some times dont wait where the trades a quoted to be trade the unexpected ??
Attached Image (click to enlarge)
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price need to break 6636 which it has before then on to the 200sma one would think ,,
  • #368,026
  • Mar 12, 2014 2:39am Mar 12, 2014 2:39am
Quoting elbert3
{quote} {image} price need to break 6636 which it has before then on to the 200sma one would think ,,
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better chart , i have sl and reverse on the trade
  • #368,027
  • Mar 12, 2014 2:48am Mar 12, 2014 2:48am
6600 area / yesterday's low bids kick in again and a stronger rise than 1st test earlier this morning.....can bulls build on this or are we being in this immediate 6652-6595 for a time longer ?

Best Wishes.
it's all gone a bit........
  • #368,028
  • Mar 12, 2014 2:48am Mar 12, 2014 2:48am
fuck this pair IM OUT http://www.easyfreesmileys.com/smile...mileys-945.gif
  • #368,029
  • Mar 12, 2014 2:54am Mar 12, 2014 2:54am
Quoting PoundTrader
fuck this pair IM OUT {image}

haha man chill try trading EU ))
Loosening is not an option
  • #368,030
  • Mar 12, 2014 2:55am Mar 12, 2014 2:55am
Quoting Vilkas
{quote} haha man chill try trading EU ))
EU even more mysterious atm. Just wait for 3917 or 3820 breakout
You cannot learn better without losing
  • #368,031
  • Mar 12, 2014 2:59am Mar 12, 2014 2:59am
Quoting PoundTrader
fuck this pair IM OUT {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 108 KB
poundy try gold lot of movement i was in to 1360 and reversed so short now but i will look for a long again,, just trying to help hope you ok ,regards E
  • #368,032
  • Mar 12, 2014 3:01am Mar 12, 2014 3:01am
Quoting Vilkas
{quote} haha man chill try trading EU ))
i took a long at 1.6618, s/l 1.6590, t/p 1.6730
  • #368,033
  • Mar 12, 2014 3:01am Mar 12, 2014 3:01am
Quoting forexings
{quote} EU even more mysterious atm. Just wait for 3917 or 3820 breakout
eu gb looks like it might be capped i am short hoping that gbpusd just ,,,just might come up check the 1 hour
  • #368,034
  • Mar 12, 2014 3:03am Mar 12, 2014 3:03am
Quoting PoundTrader
{quote}i took a long at 1.6618, s/l 1.6590, t/p 1.6730
COT: The precious data ignored
  • #368,035
  • Mar 12, 2014 3:05am Mar 12, 2014 3:05am
Quoting PoundTrader
{quote}i took a long at 1.6618, s/l 1.6590, t/p 1.6730
nice, I considered it, and if we take out 6652/57, could argue for some sort of double bottom I guess...I wait myself, but good luck
Look Sharp/Trade Tight
  • #368,036
  • Mar 12, 2014 3:06am Mar 12, 2014 3:06am
Quoting elbert3
{quote} {image} poundy try gold lot of movement i was in to 1360 and reversed so short now but i will look for a long again,, just trying to help hope you ok ,regards E
im doing good with gbp/nzd gbp/aud, eur/nzd and gbp/cad these pairs move about 200 - 400 pips a day, btw i can't trade spot gold in the u.s. i would have to trade gold future
  • #368,037
  • Mar 12, 2014 3:08am Mar 12, 2014 3:08am
Quoting PoundTrader
{quote}i took a long at 1.6618, s/l 1.6590, t/p 1.6730
good luck to all
  • #368,038
  • Mar 12, 2014 3:16am Mar 12, 2014 3:16am
situation seems mixed in this moment...the 4 hour is pic. Strong bounce at yesterday's low zone on 2nd test this morning....fxlive saying strong sellers at 6650 ?...wondering if strong bids at 6600 have been used up if a 3rd test ? then test strong bids at 6585 ? sell stops start at 6580 ? if steam right thru bids at 6585 will be watching PA for any stop hunt or maybe too steam thru those too as buyers disappear ?

Best Wishes.
Attached Image (click to enlarge)
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it's all gone a bit........
  • #368,039
  • Mar 12, 2014 3:20am Mar 12, 2014 3:20am
Quoting PoundTrader
{quote}im doing good with gbp/nzd gbp/aud, eur/nzd and gbp/cad these pairs move about 200 - 400 pips a day, btw i can't trade spot gold in the u.s. i would have to trade gold future
Some of those certainly look lively pairs, so long as the spreads are not unreasonable

I've added gbp/nzd and aud just to see what they do

  • #368,040
  • Mar 12, 2014 3:23am Mar 12, 2014 3:23am
My 1.6715 shorts are in the money with SL at BE

Now adding Sell stops at 1.6590 SL 1.6597, with a huge sell stop at 1.6578 SL 1.6585
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