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Cable Update (GBPUSD)

  • #370,081
  • Apr 2, 2014 11:46am Apr 2, 2014 11:46am
Quoting godim
{quote} Many times I try to tell you that I work with line. Not with the zone. The line has only one intersection with time. Precise coordinates. {image}
No offense Godim my post was not directed at you.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #370,082
  • Apr 2, 2014 11:52am Apr 2, 2014 11:52am
Quoting A-speculator
{quote} you already up for work mate? this early?
Made a few on my GJ short earlier today, Will try to make a few Before Tokyo
A good trader follows his rules, but great trader knows when to break them
  • #370,083
  • Apr 2, 2014 11:55am Apr 2, 2014 11:55am
Quoting Davit
{quote} No offense Godim my post was not directed at you. Regards
No offense. Just explain why I give the level of support to the pip. I have it calculated to pip.
Attached Image (click to enlarge)
Click to Enlarge Name: TABLICA_01.png Size: 16 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,084
  • Apr 2, 2014 11:56am Apr 2, 2014 11:56am
Quoting ill_be_back
{quote} Made a few on my GJ short earlier today, Will try to make a few Before Tokyo
ah i see.. considering UJ, i would like to make a long on GJ, just not the right price yet.. i really hope (and waited) to see significant retracement for that pair..

well, will prepare a plan for that beast when the time comes.. not easy to handle that beast eh..

well, good trading ill_be_back.
  • #370,085
  • Apr 2, 2014 11:58am Apr 2, 2014 11:58am
Quoting giveachance
{quote} well said HDA. for me there were no shorts or longs in GBP today. It was a day to stay out.
@giveachance:
@ffleo:
@DerekTrotter:



I'm still holding on to the miserable long scalp from yesterday.

Bought 1.6640 exited some at 1.6660 and holding for 1.6675 for the final 15pips

Banked +20 at 1.6660
Pending +15 to close at 1.6675

Not adding to the trade unless it meets my Game Plan Buyers (day traders/scalpers)

Please see this mornings post Wednesday, April 2, 2014 at 5:48am
http://www.forexfactory.com/showthre...69#post7377869

I say again - I lift my hat off to all scalpers, I don't know how you all do it.

I plan to die a position trader.

Which reminds me, I am still long the GBP/USD in my position trade from November 2013 targeting 1.7000

HDA OUT

P.S. Will close out all scalp trades before NFP on Friday, April 4, 2014.
  • #370,086
  • Apr 2, 2014 12:12pm Apr 2, 2014 12:12pm
We can try a long position in the euro by 3757 with a thin stop. Maybe?
Attached Image (click to enlarge)
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"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,087
  • Apr 2, 2014 12:17pm Apr 2, 2014 12:17pm
Quoting godim
We can try a long position in the euro by 3757 with a thin stop. Maybe? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 48 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,088
  • Apr 2, 2014 12:28pm Apr 2, 2014 12:28pm
Situation in Ukraine is tense.This could add lot of volatility specially on Euro

Ukraine crisis: NATO military chief warns Russian troops could invade swiftly
http://www.cnn.com/2014/04/02/world/...html?hpt=hp_t1
In trading, you have to be defensive and aggressive at the same time
  • #370,089
  • Apr 2, 2014 12:45pm Apr 2, 2014 12:45pm
un eventful day on the gbus for me still have one long closed 2 in profit ?? thinking i should of kept them on the 4 hour my tecs are fighting to push upward ranging now flat bottom triangle ,, the winner today gbnz,1st past the post by a mile, still long on that one ???
  • #370,090
  • Apr 2, 2014 12:57pm Apr 2, 2014 12:57pm
UPDATED SSA REVIEW OF GU H1. SHORT SELL ON YOUR OWN RISK.

http://www.forexfactory.com/attachme...8&d=1396461306
  • #370,091
  • Apr 2, 2014 1:05pm Apr 2, 2014 1:05pm
Quoting davit
situation in ukraine is tense.this could add lot of volatility specially on euro ukraine crisis: Nato military chief warns russian troops could invade swiftly http://www.cnn.com/2014/04/02/world/...html?hpt=hp_t1
as quoted from the most unbiased and reliable source of news on the web. :d
  • #370,092
  • Apr 2, 2014 1:20pm Apr 2, 2014 1:20pm
Quoting godim
{quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 48 KB


last for today
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,093
  • Apr 2, 2014 1:25pm Apr 2, 2014 1:25pm
end of pullback ,
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USDd1 april 2.png Size: 28 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #370,094
  • Apr 2, 2014 1:29pm Apr 2, 2014 1:29pm
Quoting Bones
end of pullback , {image}
thats deep.... Id cut a finger off if so
  • #370,095
  • Apr 2, 2014 1:42pm Apr 2, 2014 1:42pm
Quoting Bones
end of pullback , {image}
Only two inside bars. The inside bars do not change the trend. Just shrink the range.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #370,096
  • Apr 2, 2014 1:54pm Apr 2, 2014 1:54pm
Quoting needpips
{quote} thats deep.... Id cut a finger off if so
wow.. hope you can live with 9 fingers..

i think he's right bro.. price is currently drifting with no demand.. technically, i see this move is not over yet, in fact it's just started.. perhaps price will reach ~6585 and bounce up a bit during asian later, if that support hold..
  • #370,097
  • Apr 2, 2014 2:32pm Apr 2, 2014 2:32pm
Quoting Bones
end of pullback , {image}
I have 1.6260....im cutting my finger off...
  • #370,098
  • Apr 2, 2014 2:32pm Apr 2, 2014 2:32pm
GU H4 GMT+3

After couple of day this is the first evaluted signal to take a trade on bulls side. It seems to me this is a bullish flag (it can be a little bit early ).
2% risk at .6622.
Invalidation if price could close under WPP ~6582.
Another 1% buy stop and BE .6664.
First target and 2nd BE .6701 then the last long toward to ~6760.

Good luck to all!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh4.png Size: 52 KB
Anything is math!
  • #370,099
  • Apr 2, 2014 3:10pm Apr 2, 2014 3:10pm
Quoting Kajos2250
GU H4 GMT+3 After couple of day this is the first evaluted signal to take a trade on bulls side. It seems to me this is a bullish flag (it can be a little bit early ). 2% risk at .6622. Invalidation if price could close under WPP ~6582. Another 1% buy stop and BE .6664. First target and 2nd BE .6701 then the last long toward to ~6760. Good luck to all! {image}
That's how I see it, plus retail are heavily short and with a large amount of stops at 167.20 gives me indication of going higher, i'll be loading more longs if it decides to drop below 166
  • #370,100
  • Apr 2, 2014 3:44pm Apr 2, 2014 3:44pm
Quoting Tom_d
{quote} That's how I see it, plus retail are heavily short and with a large amount of stops at 167.20 gives me indication of going higher, i'll be loading more longs if it decides to drop below 166
I placed an buy limit .6604 too... just because the good RR...

Good luck!
Anything is math!
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