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Cable Update (GBPUSD)

  • #372,321
  • Apr 17, 2014 3:41am Apr 17, 2014 3:41am
Quoting godim
{quote} Hey, the guy from China, you do not review and assesses others. Watch yourself. The market is the judge of all.
  • #372,322
  • Apr 17, 2014 3:42am Apr 17, 2014 3:42am
Quoting Ill-b-back
{quote} Hi Luther, it's true emotions are crazy and can blind us to things. I over reacted to some Forex "Facts" being thrown at me which I can never trust so may have sparked things. Im watching out for a daily fractal around 6870 or so, we go momentum for sure but cable has a regular and nasty habit of taking out minor swing highs then the lows, so watching this. Cheers Mate
dont worry bro..minor glitches happen

trade safe
  • #372,323
  • Apr 17, 2014 3:43am Apr 17, 2014 3:43am
Quoting Abrar1299
{quote} Traders like you think they are smart? ......... so keep on revenge trading!!!
I apologize for all the bad words. Enjoy your day!
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,324
  • Apr 17, 2014 3:43am Apr 17, 2014 3:43am
Quoting godim
{quote} Hey, the guy from China, you do not review and assesses others. Watch yourself. The market is the judge of all.
Lolz!!!!!!so what if where i am from? What are you trying to imply here? That revenge trading is a healthy habit?
  • #372,325
  • Apr 17, 2014 3:45am Apr 17, 2014 3:45am
Quoting nAVIN2007
{quote} dont worry bro..minor glitches happen trade safe
Indeed, not a glitch I needed though lol...
how you doing NAV?
Come with me if you want to live....
  • #372,326
  • Apr 17, 2014 3:46am Apr 17, 2014 3:46am
Quoting Nocturnes
{quote} Stopped reading @ Abrar1299 I'm handeling my emotions, can't be arsed to type so much...all time reading and typing on emotional shit is wasted time. I should be focusing on the market cause at end....thats where the things happen and not in your childish replies. I shouldn't even be replying, this isn't me...i tend to get upset when a bitch like you goes nuts when people do the opposite while his pips are green....but don't worry....no harm has been done. I still love your enthousiasm! I rly do! Keep it up and good trading!!!
Thats the difference ...kids tend to get emotional at times while mature adult people dont!
  • #372,327
  • Apr 17, 2014 3:47am Apr 17, 2014 3:47am
Here's the GU gvt bond yield for 10 years chart from Bloomberg, this goes back to the yields argument I posted previously. The spread is currently widening GU vs USD. The yield is currently rising.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB
  • #372,328
  • Apr 17, 2014 3:49am Apr 17, 2014 3:49am
Oil Options Turn Bullish as Ukraine Fans Risk: Chart of the Day
2014-04-16 23:00:01.2 GMT

By Grant Smith
April 17 (Bloomberg) -- Options traders are anticipating rising crude prices for the first time in eight months as the risk of a Russian incursion in Ukraine exacerbates rising supply disruptions elsewhere in the oil market.
The CHART OF THE DAY (attached) shows that Brent options contracts betting on higher prices, known as calls, are commanding a higher premium than puts, which are used to prepare for a decline. The emergence of a “call-skew” for the first time since last August, when the west was weighing a strike against Syria, is driven by a “cocktail of factors,” from the delayed return of Libyan exports, outages in the North Sea and Iraq, to concern of escalation after Russia’s annexation of Crimea, according to BNP Paribas SA.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 349 KB
  • #372,329
  • Apr 17, 2014 3:50am Apr 17, 2014 3:50am
Quoting Abrar1299
{quote} Lolz!!!!!!so what if where i am from? What are you trying to imply here? That revenge trading is a healthy habit?
I mean that everyone is old enough, each risking their own money. Nobody needs of our estimates. Normally such behavior leads to the loss of membership.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,330
  • Apr 17, 2014 3:50am Apr 17, 2014 3:50am
Quoting Abrar1299
{quote} Thats the difference ...kids tend to get emotional at times while mature adult people dont!
Lets call it a day shall we. Enjoy the rest of your day!
A word to the wise ain't necessary - it's the stupid ones that need advice
  • #372,331
  • Apr 17, 2014 3:52am Apr 17, 2014 3:52am
Quoting godim
{quote} I mean that everyone is old enough, each risking their own money. Nobody needs of our estimates. Normally such behavior leads to the loss of membership.
Twee must have left early for holiday??...
Ghost Rider - WWTBMD?
  • #372,332
  • Apr 17, 2014 3:55am Apr 17, 2014 3:55am
Nice Place for Short position ...!!
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 25 KB
  • #372,333
  • Apr 17, 2014 3:57am Apr 17, 2014 3:57am
Quoting Ill-b-back
{quote} Indeed, not a glitch I needed though lol... how you doing NAV?
been very occupied, my mother had a glaucoma surgery so i have been nursing her too and from hospital at the same time as working really odd shifts but its been taking up my whole week, trading hasnt had the attention because of everything..so i have decided since my boss is an arsehole to give it up

hopefully this change bring something positive
  • #372,334
  • Apr 17, 2014 3:59am Apr 17, 2014 3:59am
Quoting godim
{quote} No {image} All remained in an hour, maybe?
Bulls seek closing over Hi -> 6833.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 121 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,335
  • Apr 17, 2014 4:01am Apr 17, 2014 4:01am
Quoting nAVIN2007
{quote} been very occupied, my mother had a glaucoma surgery so i have been nursing her too and from hospital at the same time as working really odd shifts but its been taking up my whole week, trading hasnt had the attention because of everything..so i have decided since my boss is an arsehole to give it up hopefully this change bring something positive
Hope she recovers quickly and completely NAV.

God bless
Ghost Rider - WWTBMD?
  • #372,336
  • Apr 17, 2014 4:03am Apr 17, 2014 4:03am
Quoting albchr
{quote} Twee must have left early for holiday??...

good to see u back chris!!..how u been bro?

Quoting albchr
{quote} Hope she recovers quickly and completely NAV. God bless
thank u brother!!
  • #372,337
  • Apr 17, 2014 4:03am Apr 17, 2014 4:03am
Quoting nAVIN2007
{quote} been very occupied, my mother had a glaucoma surgery so i have been nursing her too and from hospital at the same time as working really odd shifts but its been taking up my whole week, trading hasnt had the attention because of everything..so i have decided since my boss is an arsehole to give it up hopefully this change bring something positive
the good thing in fx is that you are the boss to yourselft and only all depends on you how much salary will you get at the end of month.
generally speaking working 8h day on a boss is hard psychologically cause the amount of stress you get is huge.
  • #372,338
  • Apr 17, 2014 4:04am Apr 17, 2014 4:04am
Quoting godim
{quote} Bulls seek closing over Hi -> 6833. {image}
NO

Support is at 6828. Openings 6830. This means support. Price should not fall below 6828 in the next 4 hours.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 61 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #372,339
  • Apr 17, 2014 4:05am Apr 17, 2014 4:05am
OK lets go agains the strong up trend 4800. fak it again. i recomend to short at 6855 with small SL 6870 TP 6600
i am loosing control when i see 6 year highs. hand automatically push on sell button.
  • #372,340
  • Apr 17, 2014 4:09am Apr 17, 2014 4:09am
Quoting nAVIN2007
{quote} not sure about this things here in UK arent looking bad sun is out! problem is these levels are all tricky, it could turn at a instant but needs news to trigger it..im losing a lot of money here.. but looking for an option to do something.. i resigned from my job, last day is tuesday because i cant monitor the market and have swing trade the wrong way.. as usual
Gidday Nav

What are you going to do now

Trying to be care full not to get caught

if this sucker retraces.

The turds are starting to stack up now

See what happens soon enough:nerd:
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