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Cable Update (GBPUSD)

  • #369,781
  • Mar 31, 2014 8:47am Mar 31, 2014 8:47am
done for just 5 pips. Hope it works.
  • #369,782
  • Mar 31, 2014 8:47am Mar 31, 2014 8:47am
Quoting Didgeridoo
{quote} I think you're on the right side of the market (my opinion)
took the sell at 166460 so gonna stay in for a while, kinda realised my system was kinda out of synch but now its back on track so staying in for a while but expect and up soon ish - u know it mak es sense now .. ;-)
  • #369,783
  • Mar 31, 2014 8:53am Mar 31, 2014 8:53am
Quoting DerekTrotter
{quote} took the sell at 164 460 so gonna stay in for a while, kinda realised my system was kinda out of synch but now its back on track so staying in for a while but expect and up soon ish - u know it makes sense now .. ;-)
buy as in kinda like now ;-)
  • #369,784
  • Mar 31, 2014 8:55am Mar 31, 2014 8:55am
Took shorts on EU 2x at 38 2x at 3790
In trading, you have to be defensive and aggressive at the same time
  • #369,785
  • Mar 31, 2014 8:57am Mar 31, 2014 8:57am
placed pending at 1.6648 and eu at 1.3808 but don't expect them to be triggered soon
  • #369,786
  • Mar 31, 2014 9:01am Mar 31, 2014 9:01am
Forex Factory Members and Guests

If you are not in a trade, remain neutral, watch for the significant levels I had shared with you and wait for price action to then place your trade. If it goes up you know the levels to look for. If it goes down, you know the levels to look for and that's how, with patience, you will make an excellent entry, when you wait for it.

If you are in a trade make sure you have your stops to protect yourself. If you got out early and it went your way, don't beat up yourself, watch for the levels to place your next trade.

Happy Trading

HDA OUT
  • #369,787
  • Mar 31, 2014 9:04am Mar 31, 2014 9:04am
Quoting HDA
Forex Factory Members and Guests If you are not in a trade, remain neutral, watch for the significant levels I had shared with you and wait for price action to then place your trade. If it goes up you know the levels to look for. If it goes down, you know the levels to look for and that's how, with patience, you will make an excellent entry, when you wait for it. If you are in a trade make sure you have your stops to protect yourself. If you got out early and it went your way, don't beat up yourself, watch for the levels to place your next trade....
no positions on GU +36pips and happy for that in a day.
Loaded shorts on EU 38 3790
REgards
In trading, you have to be defensive and aggressive at the same time
  • #369,788
  • Mar 31, 2014 9:27am Mar 31, 2014 9:27am
Got a nice ride from 1.6618 till 1.6649. Enough for GU today .
  • #369,789
  • Edited 9:40am Mar 31, 2014 9:27am | Edited 9:40am
Quoting Davit
{quote} no positions on GU +36pips and happy for that in a day. Loaded shorts on EU 38 3790 REgards
@Davit:

Well done Davit show us all how its done. Sometimes we get it wrong, sometimes we get it right, but we must always have a plan in place for either direction, beforehand, so that you know what to do, when the market moves.

If we don't have a plan for both directions beforehand, one can find him or herself saying this:

Quoting OMGtrader
zzzzz got my face ripped off in that upswing... NEVER AGAIN.... Anyways, shorts closed...
Quoting Suffo
...man i'm confused today
Quoting Nocturnes
Bear or Bull....i'm confused. I'm short on GBP/USD & long on EUR/GBP Good news from the UK will kill me pretty much.
Quoting capetown
{quote} I am watching this pair with You..I am also confused....these spikes are amazing for me..I understand SL hunting, but also EU is for me??? I had long before news, close it because spikes are crazy.. But to all of You who dedicate time..thanks..suffo, elbert3 and others....
OR

If you do have a plan and understand what is going on, you would find yourself saying this:

Quoting TauTrader
There is no real confusion - it is clear. The pressure is lower on the 4hr at this time. Just have to be patient with the entries to bank some.
So the essence of what should be taking from all of this is, ALWAYS HAVE A PLAN!!!!

HDA OUT
  • #369,790
  • Mar 31, 2014 9:32am Mar 31, 2014 9:32am
Quoting OMGtrader
zzzzz got my face ripped off in that upswing... NEVER AGAIN.... Anyways, shorts closed...
how can a 50 pip rise rip off your face?? how leveraged you are?? seems like you take lot of risk
  • #369,791
  • Mar 31, 2014 9:44am Mar 31, 2014 9:44am
Quoting giveachance
{quote} how can a 50 pip rise rip off your face?? how leveraged you are?? seems like you take lot of risk
@givaachance:

The quotes I shared are from traders who posted them at various different dates and times throughout the thread. It is not a reflection of today's price action.

The quotes are just meant to convey a point and not to belittle anyone.

HDA OUT
  • #369,792
  • Mar 31, 2014 9:47am Mar 31, 2014 9:47am
going for 167
  • #369,793
  • Mar 31, 2014 9:49am Mar 31, 2014 9:49am
The guys trading cable are doing a great job these days. The most accurate mover these days for sure. Those levels are just fantastic

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 29 KB
Learn from yesterday, live for today and hope for tomorrow.
  • #369,794
  • Mar 31, 2014 9:52am Mar 31, 2014 9:52am
Quoting TraderRolf
The guys trading cable are doing a great job these days. The most accurate mover these days for sure. Those levels are just fantastic {image}
Well said ..
  • #369,795
  • Mar 31, 2014 9:53am Mar 31, 2014 9:53am
Traders

Remember the levels

The market has respected the 1.6615 options barrier. With the barrier being respected, we are looking at a possible trading range between 1.6615 and 1.6750 but please again, note the following on the way to 1.6750

OFFERS are currently at 1.6650, 1.6684, 1.6700 and the stops 1.6675
Significant Levels of Resistance are 1.6650, 1.6716, 1.6743 (note what happens IF price gets to those levels)

Pay Attention

Real Time - NO HindSight Trading

HDA OUT
  • #369,796
  • Mar 31, 2014 10:05am Mar 31, 2014 10:05am
This pair is so beautiful, its shadow on the daily is beauty sign .
love it.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #369,797
  • Mar 31, 2014 10:09am Mar 31, 2014 10:09am
Out on EU
+40pips in 15min

Edit limit shorts on 67 2x
Carney may trigger it today
In trading, you have to be defensive and aggressive at the same time
  • #369,798
  • Mar 31, 2014 10:23am Mar 31, 2014 10:23am
Quoting Davit
Out on EU +40pips in 15min Edit limit shorts on 67 2x Carney may trigger it today
@Davit:

Congratulations

Just for triva - please show us the emotion you would use if you made a loss

When you make a profit this is your emotion -

HDA OUT
  • #369,799
  • Mar 31, 2014 10:27am Mar 31, 2014 10:27am
Quoting HDA
{quote} @Davit: Congratulations Just for triva - please show us the emotion you would use if you made a loss When you make a profit this is your emotion - HDA OUT
Thanks HDA
I sure will post my losses as well with proper face
Managed to make 76pips in 12hrs.Funny all against the main trend.....
Green pips to you
In trading, you have to be defensive and aggressive at the same time
  • #369,800
  • Mar 31, 2014 10:29am Mar 31, 2014 10:29am
Quoting Davit
{quote} Thanks HDA I sure will post my losses as well with proper face Managed to make 76pips in 12hrs.Funny all against the main trend..... Green pips to you
@Davit:



HDA OUT
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