This is finally looking good for my options. It's too late for my April options, but May is looking good. Can we please go up and over 1.7? Pretty please?
Cable Update (GBPUSD)
- #372,242
- Apr 16, 2014 10:07pm Apr 16, 2014 10:07pm
- | Commercial User | Joined Jan 2011 | 4,044 Posts
- #372,243
- Apr 16, 2014 10:38pm Apr 16, 2014 10:38pm
- | Commercial User | Joined Jan 2011 | 4,044 Posts
{quote} go ahead with your plan... and let other do their own plan too. no matter what it is ... everybody has their own strategy and account
- #372,246
- Apr 16, 2014 10:48pm Apr 16, 2014 10:48pm
- | Commercial User | Joined Jan 2011 | 4,044 Posts
- #372,247
- Apr 16, 2014 10:49pm Apr 16, 2014 10:49pm
- | Commercial User | Joined Jan 2011 | 4,044 Posts
{quote} Where your target on GU, ruff?
- #372,248
- Edited 11:28pm Apr 16, 2014 10:51pm | Edited 11:28pm
- | Commercial User | Joined Jan 2011 | 4,044 Posts
- #372,250
- Apr 16, 2014 10:52pm Apr 16, 2014 10:52pm
- Joined Jun 2013 | Status: Trader | 3,071 Posts
Howzit GU!
GU Daily
I'll be looking to close this position (Long) today
Personal reasons why: 
GU 1H
No further technical patterns identified.
Trade safe!
GU Daily
I'll be looking to close this position (Long) today
Personal reasons why:
- Decreasing volatility
- Decreasing liquidity
- Price is near target 1.687xx
- The swaps are getting expensive and no longer worth the hold
So I'm time expiring the trade.
Technical reasons
- Daily RSI shows negative divergence
Note I'm a position trader so I'll be waiting for that RSI to cool off and support to be found before this security forms part of my portfolio 2% risk 7% reward, held for 21 days 2 positions entered. (Patience tested)
This is not a recommendation to short, but do note that the R/R on the long side will be getting smaller till things cool down
Daily
GU 1H
No further technical patterns identified.
Trade safe!
- #372,252
- Apr 16, 2014 10:57pm Apr 16, 2014 10:57pm
Howzit GU! GU Daily I'll be looking to close this position (Long) today Personal reasons why: Decreasing volatility Decreasing liquidity Price is near target 1.687xx The swaps are getting expensive and no longer worth the hold So I'm time expiring the trade. Technical reasons Daily RSI shows negative divergence Note I'm a position trader so I'll be waiting for that RSI to cool off and support to be found before this security forms part of my portfolio 2% risk 7% reward, held for 21 days 2 positions entered. (Patience tested) This is not a recommendation...
Very good analysis brooo..
- #372,255
- Apr 16, 2014 11:12pm Apr 16, 2014 11:12pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #372,256
- Apr 16, 2014 11:13pm Apr 16, 2014 11:13pm
- Joined Jun 2013 | Status: Trader | 3,071 Posts
2xshort at 6833 My system says sell.That's it. {image}
- #372,257
- Apr 16, 2014 11:14pm Apr 16, 2014 11:14pm
- Joined Jun 2013 | Status: Trader | 3,071 Posts
{quote} Sir D, I'll close... lets see if that helps
- #372,258
- Apr 16, 2014 11:15pm Apr 16, 2014 11:15pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Sir D, I'll close... lets see if that helps
green pips
In trading, you have to be defensive and aggressive at the same time
- #372,259
- Apr 16, 2014 11:22pm Apr 16, 2014 11:22pm
- Joined Mar 2012 | Status: Trader | 10,087 Posts
{quote} Guys, I already posted the strong levels on GU. There is not much of an overhead resistance until 6840-60 area. Once this is cleared all the way to 7000. Let's see what gives. RR. 1.7740 ULTIMATE RESISTANCE 1.7440 STRONG RESISTANCE 1.7140 RESISTANCE 1.7120 RESISTACE 1.7040 STRONG RESISTANCE 1.6900 RESISTANCE 1.6860 RESISTANCE 1.6840 RESISTANCE
Everyone can post some upper and lower levels. But the only question is - in which time we reach your TROLL LEVELS.
Some members asked you normal and you are not able to give a NORMAL answer of your trolling shit.
You can not say if you are LONG or SHORT atm.... or your SL (yes i know = you will post now = i'm long and @ BE - this is real trolling mate)
The next answer from you is = I'm rich and i don't need a SL.
Schickeria!