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Cable Update (GBPUSD)

  • #375,081
  • May 1, 2014 7:59am May 1, 2014 7:59am
Quoting elbert3
{quote} its going to the 20 ema on the day chart

add the 150 ema on monthly
  • #375,082
  • May 1, 2014 8:00am May 1, 2014 8:00am
Quoting nAVIN2007
{quote} nope!! its more like cable planned me into this hole
Don't fk with da pound... eh brother?
Ghost Rider - WWTBMD?
  • #375,083
  • May 1, 2014 8:00am May 1, 2014 8:00am
Nzus short for 75 to 100 pips 8610 not a big lot ,, i have sh..t loads going on
  • #375,084
  • May 1, 2014 8:01am May 1, 2014 8:01am
Quoting navin2007
{quote} add the 150 ema on monthly
ok i will look busy now all over the place
  • #375,085
  • May 1, 2014 8:01am May 1, 2014 8:01am
Quoting albchr
{quote} Don't fk with da pound... eh brother?
yes i need to listen/notice my own saying..trust me next on more this crazy ass trading
  • #375,086
  • May 1, 2014 8:03am May 1, 2014 8:03am
Quoting nAVIN2007
if cable breaks below 1.6800 anytime b4 breaking the high..i will feel like im gonna get out of this hole
I am afraid if cable will going down just after you quit NAV,
What will you do after quit?..... reverse to buy?......
  • #375,087
  • May 1, 2014 8:05am May 1, 2014 8:05am
Quoting elbert3
{quote} ok i will look busy now all over the place
on 1hr ..a good ema to use is the 60ema especially

generally dailly to monthly add 60,150 and 365 ema (j16 material) this is the foundation of my trading, thou right now im probably bringing his name down right now
  • #375,088
  • May 1, 2014 8:05am May 1, 2014 8:05am
$SPX500 going into the open

If it breaks support -> DX will strengthen
If it holds...

FTSE is a raging bull pushing GBP...
Attached Image
  • #375,089
  • May 1, 2014 8:06am May 1, 2014 8:06am
Quoting Red Alert
{quote} I am afraid if cable will going down just after you quit NAV, What will you do after quit?..... reverse to buy?......

I will not quit..not an option
one way or other the sum bitch will be tamed..even if i have to scalp my way out of this
  • #375,090
  • May 1, 2014 8:07am May 1, 2014 8:07am
THANK YOU
  • #375,091
  • May 1, 2014 8:08am May 1, 2014 8:08am
Quoting Luther
In the meantime shorts closed and buy order triggered. I hope you made good pips on that one. {quote} {image}

Closed all longs on the 4H close. It's been a nice run up. We could go higher, but this is good enough for me. Not shorting GU until we close below 6880 support. Potential rising wedge developing.

Hopefully soon we'll get some news item that will facilitate a proper drop.


Quoting AllyB
{quote} Gleneagles is the master and creator of dustbin trading I am just hoping to be as good as him one day
This way of trading has been around a long time. It's called fading. You can trade it on spikes or extreme moves, false break outs, gaps, and even time based closes.

If you Google the regular name people use, you can find a lot of information on the web how to implement this strategy under a few different types of conditions.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4out.png Size: 20 KB
Click to Enlarge Name: attachment.png Size: 18 KB
  • #375,092
  • May 1, 2014 8:08am May 1, 2014 8:08am
Daily Open = 6871
Monthly Open = 6871
Weekly Open = 6801
not euphoria follower
  • #375,093
  • May 1, 2014 8:08am May 1, 2014 8:08am
Quoting nAVIN2007
{quote} I will not quit..not an option one way or other the sum bitch will be tamed..even if i have to scalp my way out of this
, good luck brother....
  • #375,094
  • May 1, 2014 8:09am May 1, 2014 8:09am
Quoting JimmyC
$SPX500 going into the open If it breaks support -> DX will strengthen If it holds... FTSE is a raging bull pushing GBP... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: _uk100monthly.png Size: 75 KB
  • #375,095
  • May 1, 2014 8:10am May 1, 2014 8:10am
Quoting Red Alert
{quote} , good luck brother....
  • #375,096
  • May 1, 2014 8:10am May 1, 2014 8:10am
Quoting iqyu5an
Daily Open = 6871 Monthly Open = 6871 Weekly Open = 6801
Would you tell me what it is mean?
  • #375,097
  • May 1, 2014 8:11am May 1, 2014 8:11am
Quoting jimmyc
$spx500 going into the open if it breaks support -> dx will strengthen if it holds... Ftse is a raging bull pushing gbp... {image}
5 pairs all shorting ,,
  • #375,098
  • May 1, 2014 8:11am May 1, 2014 8:11am
Quoting albchr
{quote} I wish folks would actually READ the posts. I called no one a buffalo. Try again please.
We can still go hunting buffalo if your up for it.
But leave me the pretty ones....
Come with me if you want to live....
  • #375,099
  • May 1, 2014 8:13am May 1, 2014 8:13am
Quoting Luther
{quote} Closed all longs on the 4H close. It's been a nice run up. We could go higher, but this is good enough for me. Not shorting GU until we close below 6880 support. Hopefully soon we'll get some news item that will facilitate a proper drop. {quote} This way of trading has been around a long time. It's called fading. You can trade it on spikes or extreme moves, false break outs, gaps, and even time based closes. If you Google the regular name people use, you can find a lot of information on the web how to implement this strategy under a few...
Hi Luther, you sound like a smart cookie! Can you start your own thread and give us muppets some trading tips please?
  • #375,100
  • May 1, 2014 8:13am May 1, 2014 8:13am
A little bounce off The DP with the 1H 50ema right there might make a nice little long.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 49 KB
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