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Cable Update (GBPUSD)

  • #369,941
  • Apr 1, 2014 7:44pm Apr 1, 2014 7:44pm
Quoting ffleo
{quote} 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.
Yeah neither do I, not in this weekly cycle anyway
Come with me if you want to live....
  • #369,942
  • Apr 1, 2014 8:57pm Apr 1, 2014 8:57pm
I'm joining the Bear camp this quarter.
we could end up at 6050 area
Come with me if you want to live....
  • #369,943
  • Apr 1, 2014 10:48pm Apr 1, 2014 10:48pm
Quoting Davit
{quote} 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
yes it can but it may prove to be a breakout as well. anyways that long at 6675 will have its wings clipped off at 6830. no more than that. if reverses I sell at 6620 and go on selling till I see 6360
  • #369,944
  • Apr 1, 2014 11:09pm Apr 1, 2014 11:09pm
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 of completed review as promised in Geppy's Geppy Thread (GBP/JPY)
http://www.forexfactory.com/showthre...12#post7377312

HDA OUT

Off to bed
  • #369,945
  • Apr 1, 2014 11:35pm Apr 1, 2014 11:35pm
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...
Good day to you, HDA

My apology. Got busy at home and also caught up on some sleep. Month end and a lot of paperwork to be dealt with...

I do not trade with a physical stop loss. Only on rare occasions - when I may not be around. My question was an honest one in terms of how you approach the trade. You are therefor scaling in if I understand correctly and adjusting TP accordingly. I therefor assume you scale in with larger positions as the trade develops with your TP following with a nett green result?

I have closed my GU short and now sideline. Will re-enter short again if we can move higher. Longer term focus remains short.

All success to you and thank you for your time.

Regards
  • #369,946
  • Apr 1, 2014 11:53pm Apr 1, 2014 11:53pm
Good day to you,

Herewith my personal view on what I expect on the 4hr chart over the next few days/weeks. We have soft pressure downward. Short trades would make more sense to me and I will therefor look for short entries as a longer term approach. This does not exclude long scalps on shorter time frames..if these present themselves.

Just my opinion.

Regards
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  • #369,947
  • Apr 2, 2014 12:06am Apr 2, 2014 12:06am
GU options levels update for today
Attached Image
  • #369,948
  • Apr 2, 2014 1:23am Apr 2, 2014 1:23am
Still long from yesterday
  • #369,949
  • Apr 2, 2014 2:06am Apr 2, 2014 2:06am
c'mon GU you can do it.
  • #369,950
  • Apr 2, 2014 2:14am Apr 2, 2014 2:14am
which think push gbp up why he donot stop
  • #369,951
  • Apr 2, 2014 2:14am Apr 2, 2014 2:14am
GU will go more up today!!
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #369,952
  • Apr 2, 2014 2:17am Apr 2, 2014 2:17am
Quoting aviz12
GU will go more up today!!
GU up until GJ reaches 174-175, then we can expect a sort of pullback.
  • #369,953
  • Apr 2, 2014 3:02am Apr 2, 2014 3:02am


Fed to consider final bank leverage rules on April 8 : http://www.reuters.com/article/2014/...A301X920140401
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not euphoria follower
  • #369,954
  • Apr 2, 2014 3:13am Apr 2, 2014 3:13am
Quoting elbert3
{quote} i have been away from the pc, just had a look and i think the cavalry is on its way , si if it is a rescue job first lol gl
Morning Dell boy, looks like the cavalry got there in time lol
  • #369,955
  • Apr 2, 2014 3:15am Apr 2, 2014 3:15am
perhaps some resistance at 6664...
Look Sharp/Trade Tight
  • #369,956
  • Apr 2, 2014 3:17am Apr 2, 2014 3:17am
Quoting elbert3
trying long 6625 order target 6663
taking 90% off here 6650 before pmi as big lot, greed could kill it better money in the bank sl on the 10% 6645
  • #369,957
  • Apr 2, 2014 3:20am Apr 2, 2014 3:20am
the estimate for pmi is bullish this could take us to my target 6717 and above 2nd long tp is now 6741
  • #369,958
  • Apr 2, 2014 3:26am Apr 2, 2014 3:26am
todays call option bariers taken out, expecting further UP.
  • #369,959
  • Apr 2, 2014 3:28am Apr 2, 2014 3:28am
heiken ashi figure 6840 ...???
  • #369,960
  • Apr 2, 2014 3:30am Apr 2, 2014 3:30am
.1 in red ??????????????????
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