Cable Update (GBPUSD) | Page 18497 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #369,921
  • Apr 1, 2014 9:15am Apr 1, 2014 9:15am
Traders I'm back

Resistance is now at 1.6660 and 1.6675

40pips short scalp from 1.6680 to 1.6640 worked out - no loss

New Long scalp was triggered at 1.6640, the bids at 1.6630 was filled, more bids at 1.6600

Will continue to hold long scalp and have adjusted 2nd Exit target from 1.6680 to 1.6675 in light of the resistance at 1.6675

1st Exit targetremains at1.6660

Therefore this long scalp trade has now move from a 40 pip trade to a 35 pip trade controlling greed

Lets see what happens - NO HINDSIGHT TRADING

HDA OUT
  • #369,922
  • Apr 1, 2014 9:35am Apr 1, 2014 9:35am
Quoting HDA
Traders I'm back Resistance is now at 1.6660 and 1.6675 40pips short scalp from 1.6680 to 1.6640 worked out - no loss New Long scalp was triggered at 1.6640, the bids at 1.6630 was filled, more bids at 1.6600 Will continue to hold long scalp and have adjusted 2nd Exit target from 1.6680 to 1.6675 in light of the resistance at 1.6675 1st Exit targetremains at1.6660 Therefore this long scalp trade has now move from a 40 pip trade to a 35 pip trade controlling greed Lets see what happens - NO HINDSIGHT TRADING HDA OUT
Good day to you, sir

Stop loss on your current trading plan?

If any?

Thanking you
  • #369,923
  • Apr 1, 2014 9:48am Apr 1, 2014 9:48am
Quoting TauTrader
{quote} Good day to you, sir Stop loss on your current trading plan? If any? Thanking you
Mate,

I am too trading the same pair now and I have Stop Loss on 1.6552 i guess HDA too agrees me..


Pat
  • #369,924
  • Apr 1, 2014 9:53am Apr 1, 2014 9:53am
Quoting TauTrader
{quote} Good day to you, sir Stop loss on your current trading plan? If any? Thanking you
@TauTrader:

How are you? I've been reading your posts. hope your trading is going well?

Please see Game Plan Buyers post, this morning April 1, 2014 at 4:30am
http://www.forexfactory.com/showthre...77#post7375477

My next buy order is at 1.6605 and will average out the trade as you follow along with the buyers plan with the relevant exit targets

Here is part of the post:

Game Plan Buyers (day traders/scalpers)
Buy 1.6640 and exit some 1.6660 and exit the rest 1.6680 (new addition to plan if the 1.6630 options barrier holds)

If 1.6630 Options Barrier does not hold - then this is Plan B

Buy 1.6605 and exit some 1.6625 and exit the rest 1.6645
Buy 1.6585 and exit some 1.6605 and exit the rest 1.6625/45
Buy 1.6555 and exit some 1.6575 and exit the rest 1.6595/1.6645

I hope that explanation was clear, please let me know.

HDA OUT
  • #369,925
  • Apr 1, 2014 10:05am Apr 1, 2014 10:05am
Quoting TauTrader
{quote} Good day to you, sir Stop loss on your current trading plan? If any? Thanking you
@TauTrader:

I was hoping to get a response from you before heading out on the road.

Will be back soon the wife wants me to follow her shopping and you know what that means, she needs someone to carry the bags.

HDA OUT
  • #369,926
  • Apr 1, 2014 10:31am Apr 1, 2014 10:31am
turning into a bullshit day to see the least. have a pending buy @1.6675. if we don't get to 1.6695 by tomorrow we are likely heading to 1.6360
  • #369,927
  • Apr 1, 2014 10:41am Apr 1, 2014 10:41am
if 1,6653 hold I would think about 1,6583 as a st target
swing it!
  • #369,928
  • Apr 1, 2014 1:54pm Apr 1, 2014 1:54pm
Quoting giveachance
turning into a bullshit day to see the least. have a pending buy @1.6675. if we don't get to 1.6695 by tomorrow we are likely heading to 1.6360
Hi friend
I just don't understand your logic.Why would you want to buy higher up at 6675?If you intent to go long then buying lower makes lot more sense.Price can trigger your long at 6675 and turn right back like in a spike.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #369,929
  • Apr 1, 2014 2:16pm Apr 1, 2014 2:16pm
trying long 6625 order target 6663
  • #369,930
  • Apr 1, 2014 4:03pm Apr 1, 2014 4:03pm
thought i'd share this here guys. Gj h4 wolfe wave setup. Targets seen in range of 174-175.

with that much upside on gj, will be some follow through on gu as well.

keeping eyes open for 7000, but 6940 would be ok as well.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
  • #369,931
  • Apr 1, 2014 4:09pm Apr 1, 2014 4:09pm
Quoting TauTrader
{quote} Good day to you, sir Stop loss on your current trading plan? If any? Thanking you
@TauTrader:

I'm back. I still haven't heard from you.

Where is your stop loss on the short that you took 1.34pm at 1.66434 based on your trade explorer.
I am scalping long at 1.66400 and you are short at 1.6643

Please respond when you have the chance

My trading plan remains the same as earlier stated.

Stay tuned who will win the battle between the bulls and the bears? So far the bears are winning at the time of writing this post 5:09pm eastern. The bears have turned my green pips intored pips.

Come on bulls, fight back, fight back

Just having some fun traders.

Gone to take a nap - tired.

HDA OUT
  • #369,932
  • Apr 1, 2014 4:14pm Apr 1, 2014 4:14pm
Quoting hda
{quote} @tautrader: I'm back. I still haven't heard from you. Where is your stop loss on the short that you took 1.34pm at 1.66434 based on your trade explorer. I am scalping long at 1.66400 and you are short at 1.6643 please respond when you have the chance my trading plan remains the same as earlier stated. Stay tuned who will win the battle Between the bulls and the bears? So far the bears are winning at the time of writing this post 5:09pm eastern. The bears have turned my green pips intored pips. Come on bulls, fight back, fight...
hda when you got time, let's catch up. Gu-gj corr is 80%. With gj rallying recently, in part due to yen gaining traction / nikkei db on d1 charts, however gu needs to follow through.

Let me know.

Rr
  • #369,933
  • Apr 1, 2014 4:22pm Apr 1, 2014 4:22pm
Quoting ruffryders
{quote} hda when you got time, let's catch up. Gu-gj corr is 80%. With gj rallying recently, in part due to yen gaining traction / nikkei db on d1 charts, however gu needs to follow through. Let me know. Rr
@ruffryders:

Sure no problem, I will respond in Geppy's Geppy Thread (GBP/JPY)

Hope you don't mind, I'm gonna take a nap, when I get up, I will do a full review with all the information I have available to me regarding that pair. (THE DRAGON/BEAST)

I don't trade it though.

Walking around with shopping bags all day, wears you out.

HDA OUT
  • #369,934
  • Apr 1, 2014 4:37pm Apr 1, 2014 4:37pm
Quoting ruffryders
thought i'd share this here guys. Gj h4 wolfe wave setup. Targets seen in range of 174-175. with that much upside on gj, will be some follow through on gu as well. keeping eyes open for 7000, but 6940 would be ok as well. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 104 KB
hi , i have been having a look myself to see where it might go, as the gbus looks to mirror it ???
  • #369,935
  • Apr 1, 2014 4:42pm Apr 1, 2014 4:42pm
Quoting elbert3
{quote} {image} hi , i have been having a look myself to see where it might go, as the gbus looks to mirror it ???
80% CORRELATION.
  • #369,936
  • Apr 1, 2014 5:52pm Apr 1, 2014 5:52pm
I guess until we break decisively below support, we could still revisit 6785 area
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 33 KB
Click to Enlarge Name: gbpusddaily1.png Size: 28 KB
Click to Enlarge Name: gbpusdh4.png Size: 32 KB
Come with me if you want to live....
  • #369,937
  • Apr 1, 2014 6:29pm Apr 1, 2014 6:29pm
Closed all my longs over the last few days for green and am still wary of a short move. Looking for confirmation of a longer move down with a breaks around 6600 (tons of room to move south). Just looking at S/R levels. I will look long again it breaks this flag.
  • #369,938
  • Apr 1, 2014 6:54pm Apr 1, 2014 6:54pm
Quoting ffleo
{quote} median: 143/103.7 = 1.3790, 145/105.5 = 1.3744, average 1.3767. high : 145/103.7 = 1.3982, low: 143/105.5 = 1.3555 mid : 1.3768. {image} {image}
this post of Feb 18 makes a lot sense now.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #369,939
  • Apr 1, 2014 6:59pm Apr 1, 2014 6:59pm
Quoting ruffryders
{quote} hda when you got time, let's catch up. Gu-gj corr is 80%. With gj rallying recently, in part due to yen gaining traction / nikkei db on d1 charts, however gu needs to follow through. Let me know. Rr
@ruffryders:

Please see post in Geppy's Geppy Thread (GBP/JPY)
http://www.forexfactory.com/showthre...44#post7377044

HDA OUT
  • #369,940
  • Apr 1, 2014 7:09pm Apr 1, 2014 7:09pm
Quoting ffleo
{quote} median: 173.35/103.7 = 6716 175/105.5 = 6587 median average : 6651 high: 175 / 103.7 = 6875 low : 173.35/105.5 = 6431. mid of high and low : (6875+6431)/2 = 6653. {image} {image}
This post of Feb 18 makes a lot sense now, and will continue to make a lot sense.

I just do not see how cable can easily get to 1.7 and above.
ignore wackos and psychos, including myself. But I can't add myself to iggy
875 traders viewing now