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Cable Update (GBPUSD)

  • #371,241
  • Apr 9, 2014 1:31pm Apr 9, 2014 1:31pm
Quoting godim
For the cable. I guess continuing the UpTrend. {image}
6809 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
  • #371,242
  • Apr 9, 2014 1:34pm Apr 9, 2014 1:34pm
Quoting godim
For the euro. Little more complicated. {image}
maybe target...

Attached Image (click to enlarge)
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All day telling you stories of 1001 Nights ...
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,243
  • Apr 9, 2014 1:36pm Apr 9, 2014 1:36pm
Quoting Trader88q
6300 soon Short short ! ok 6600 tomorow. short
Did FOMC tapered 10 B in the meeting?
  • #371,244
  • Apr 9, 2014 1:36pm Apr 9, 2014 1:36pm
If it bounces off of 6795 again, then that could be the ceiling today with a chance for a nice short. Lets see what the bars look like.
  • #371,245
  • Apr 9, 2014 1:39pm Apr 9, 2014 1:39pm
Quoting godim
{quote} maybe target... {image} All day telling you stories of 1001 Nights ...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 62 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,246
  • Apr 9, 2014 1:42pm Apr 9, 2014 1:42pm
Quoting Trader88q
david ? are you still in game
Its people like you that puts disdain of posting on this board.Rude,arrogant and ignorant.
I am not going to explain how I trade suffice to say my equity curve is way up.
Don't build yourself a negative Karma.Stay humbled.
In trading everyone can be wrong.Its nothing to laugh about.
Since you love laughing so much I 'll post my account statement. Since Jan 2014
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In trading, you have to be defensive and aggressive at the same time
  • #371,247
  • Apr 9, 2014 1:47pm Apr 9, 2014 1:47pm
Quoting Davit
{quote} Its people like you that puts disdain of posting on this board.Rude,arrogant and ignorant. I am not going to explain how I trade suffice to say my equity curve is way up. Don't build yourself a negative Karma.Stay humbled.
Really provocative... just ignore him mate...keep up the good job
The good thing with the future is that it is progressively approaching...
  • #371,248
  • Apr 9, 2014 1:47pm Apr 9, 2014 1:47pm
Quoting Davit
{quote} Its people like you that puts disdain of posting on this board.Rude,arrogant and ignorant. I am not going to explain how I trade suffice to say my equity curve is way up. Don't build yourself a negative Karma.Stay humbled.
I do not really understand what is written, but I agree with Davit.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,249
  • Apr 9, 2014 1:50pm Apr 9, 2014 1:50pm
Quoting Davit
{quote} Its people like you that puts disdain of posting on this board.Rude,arrogant and ignorant. I am not going to explain how I trade suffice to say my equity curve is way up. Don't build yourself a negative Karma.Stay humbled.
....
Ghost Rider - WWTBMD?
  • #371,250
  • Apr 9, 2014 1:50pm Apr 9, 2014 1:50pm
wow, just came back from a business meeting, missed the train again...

hope no one is in the wrong direction of the trend.
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  • #371,251
  • Apr 9, 2014 1:52pm Apr 9, 2014 1:52pm
i'm thinking might get good chance for UJ to go upside, this is bottom picking so it's highly risky.. i put 1 small test position on this.
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  • #371,252
  • Apr 9, 2014 2:04pm Apr 9, 2014 2:04pm
Quoting godim
{quote} maybe target... {image} All day telling you stories of 1001 Nights ...

necessary a slight penetration. 1-2 pips enough.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15.gif Size: 68 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #371,253
  • Apr 9, 2014 2:11pm Apr 9, 2014 2:11pm
Quoting JimmyC
... GU Daily .... Im bored {image}
Note progression 1.68 is psychological level... If broken (definitively) -> 1.7 follow in the months ahead...

So for the intraday guys, sure there is a short on oversold bounce...

The longer term traders are just holding - Long

FX headlines on FOMC.... US rates aren't going up yet,,,, UK rates will go up before US rates... So fundamentally long and technical will show the steps long
  • #371,254
  • Apr 9, 2014 2:26pm Apr 9, 2014 2:26pm
Quick look at USDX W1 chart. The dollar did cream it's pants once again today, and prolly the whole week is bust, since Thursday Greece is back with the bond auction and this could push EUR higher yet.

Still, how much further down can the USDX go? Do you think that risk/reward is shifting towards a dollar rally?

I serioulsy can't see GU pushing above 6850 this month and EU above 3900-3950. Not trying to pick tops, however possible targets to
look for reversal.
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  • #371,255
  • Apr 9, 2014 2:28pm Apr 9, 2014 2:28pm
Quoting JimmyC
... GU Daily .... Im bored {image}
JimmyC, nice spotting, should've posted earlier but.
  • #371,256
  • Apr 9, 2014 2:31pm Apr 9, 2014 2:31pm
Quoting JimmyC
{quote} Note progression 1.68 is psychological level... If broken (definitively) -> 1.7 follow in the months ahead... So for the intraday guys, sure there is a short on oversold bounce... The longer term traders are just holding - Long FX headlines on FOMC.... US rates aren't going up yet,,,, UK rates will go up before US rates... So fundamentally long and technical will show the steps long
Not sure which CB will raise rates first, but who wants to do it first? My whole issue is who is printing less...
  • #371,257
  • Apr 9, 2014 2:33pm Apr 9, 2014 2:33pm
Quoting albchr
{quote} ....
Holy Crap, I haven't seen or talked to you in forever. How have you been?
  • #371,258
  • Apr 9, 2014 2:40pm Apr 9, 2014 2:40pm
Quoting Davit
{quote} Its people like you that puts disdain of posting on this board.Rude,arrogant and ignorant. I am not going to explain how I trade suffice to say my equity curve is way up. Don't build yourself a negative Karma.Stay humbled. In trading everyone can be wrong.Its nothing to laugh about. Since you love laughing so much I 'll post my account statement. Since Jan 2014 {image}
I think Trader88q overdid his celebration. This is the spot fx market and you can be wrong today and right tomorrow. That said, he probably was reacting to your arrogance even in the face of defeat!
  • #371,259
  • Apr 9, 2014 2:42pm Apr 9, 2014 2:42pm
will my bottom picking position work?

too early to say, need to see sustainable trading above 102.15 area first. imho.
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  • #371,260
  • Apr 9, 2014 2:43pm Apr 9, 2014 2:43pm
Quoting Ctic
{quote} Holy Crap, I haven't seen or talked to you in forever. How have you been?
I'm well my friend and you? Hope the market is treating you well.
Ghost Rider - WWTBMD?
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