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Cable Update (GBPUSD)

  • #370,101
  • Apr 2, 2014 4:48pm Apr 2, 2014 4:48pm
closed my shorts from 6635 area
2 positions +30pips
We may get push up 1st before plunging down
limit shorts placed 67 and up

For HDA
big Smiley
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In trading, you have to be defensive and aggressive at the same time
  • #370,102
  • Apr 2, 2014 5:27pm Apr 2, 2014 5:27pm
Quoting Davit
closed my shorts from 6635 area 2 positions +30pips We may get push up 1st before plunging down limit shorts placed 67 and up For HDA big Smiley {image}
@Davit:

WoW!!!!!

Looks like one happy trader, I'm stealing that photo.

Yep, that will be my future green pip smile

Congratulations again, enjoy your green pips

HDA OUT
  • #370,103
  • Apr 2, 2014 6:33pm Apr 2, 2014 6:33pm
Quoting Davit
closed my shorts from 6635 area 2 positions +30pips We may get push up 1st before plunging down limit shorts placed 67 and up For HDA big Smiley {image}
@Davit:

I stole the photo and my lawyers are on standby should you have any objections

HDA OUT
  • #370,104
  • Apr 2, 2014 7:27pm Apr 2, 2014 7:27pm
Quoting HDA
{quote} @Davit: I stole the photo and my lawyers are on standby should you have any objections HDA OUT

It suits you perfectly
In trading, you have to be defensive and aggressive at the same time
  • #370,105
  • Apr 2, 2014 7:54pm Apr 2, 2014 7:54pm
Quoting Davit
{quote} It suits you perfectly
@Davit:



HDA OUT
  • #370,106
  • Apr 2, 2014 8:11pm Apr 2, 2014 8:11pm
short at 6645
2x
In trading, you have to be defensive and aggressive at the same time
  • #370,107
  • Apr 2, 2014 8:12pm Apr 2, 2014 8:12pm
significant otc options levels expiry this thu and fri (otc, non-institutional)
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  • #370,108
  • Apr 2, 2014 8:12pm Apr 2, 2014 8:12pm
Quoting Davit
short at 6645 2x
too early
  • #370,109
  • Apr 2, 2014 8:14pm Apr 2, 2014 8:14pm
Quoting eliasahmar
{quote} too early
that's fine just building a position.Used to it
In case of abrupt PA nose dive at minimum I have minimum lots.This is one instance that I don't mind some drawdown
In trading, you have to be defensive and aggressive at the same time
  • #370,110
  • Apr 2, 2014 8:56pm Apr 2, 2014 8:56pm
Quoting Davit
{quote} that's fine just building a position.Used to it In case of abrupt PA nose dive at minimum I have minimum lots.This is one instance that I don't mind some drawdown

Good way to trade. I am waiting to jump in short or long, either way should be a steep move worth many pips over many positions.
  • #370,111
  • Apr 2, 2014 9:09pm Apr 2, 2014 9:09pm
Quoting Davit
{quote} that's fine just building a position.Used to it In case of abrupt PA nose dive at minimum I have minimum lots.This is one instance that I don't mind some drawdown
sure hope you got a tight SL there, we are going for 6770 - 6800 this week.
  • #370,112
  • Apr 2, 2014 9:27pm Apr 2, 2014 9:27pm
Quoting ruffryders
{quote} sure hope you got a tight SL there, we are going for 6770 - 6800 this week.
If that's the case (and I believe it well could be), then I would have thought a broader SL would be more suitable.
Come with me if you want to live....
  • #370,113
  • Apr 2, 2014 9:28pm Apr 2, 2014 9:28pm
Quoting ruffryders
{quote} sure hope you got a tight SL there, we are going for 6770 - 6800 this week.
Not going to disagree with you since markets can do anything however latest fundies on UK were not positive so in your mind you are thinking continuous uptrend while I am thinking we are in C leg.
6685 is 61.8 fib retrace of AB C is valid up to 88.6fib
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In trading, you have to be defensive and aggressive at the same time
  • #370,114
  • Apr 2, 2014 9:34pm Apr 2, 2014 9:34pm
Quoting ruffryders
{quote} sure hope you got a tight SL there, we are going for 6770 - 6800 this week.

Remember this thing .. If news will positive today then we will go 6460
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  • #370,115
  • Apr 2, 2014 9:41pm Apr 2, 2014 9:41pm
Market likes to squeeze at the top.
need to crack 1.66 convincingly I think to negate a possible upswing towards 6780/90
Come with me if you want to live....
  • #370,116
  • Apr 2, 2014 10:36pm Apr 2, 2014 10:36pm
?
  • #370,117
  • Apr 2, 2014 10:39pm Apr 2, 2014 10:39pm
Hi all this is My take on GU
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  • #370,118
  • Apr 2, 2014 11:11pm Apr 2, 2014 11:11pm
all my 6 shorts in profit now
1st target 6480
In trading, you have to be defensive and aggressive at the same time
  • #370,119
  • Apr 2, 2014 11:17pm Apr 2, 2014 11:17pm
GU touched 1.6619 level every day since Monday. Also 1.6619 is the 200SMA in the monthly chart.
  • #370,120
  • Apr 2, 2014 11:59pm Apr 2, 2014 11:59pm
Quoting Ill-b-back
Market likes to squeeze at the top. need to crack 1.66 convincingly I think to negate a possible upswing towards 6780/90

Yes...but what's happening...pound take up last week on one good news,after that every news was bad for gbp and good for usd,but before every good news for usd someone try to get pound higher,nvery news 20-30 pips up and that wan't spikes...someone just dont want pound bellow 1.66,think bellow that number even "them" cant defend gbp!
Someone has big money stucked somewhere up and hardly trying to get there but fall is just natural....
only my opinion..
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