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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

Quoting HDA
{quote}P.S. albchr pop some popcorn
Melting butter now.
Ghost Rider - WWTBMD?
Quoting ruffryders
{quote} I think with that lot size you should really guide us, not ask for assistance.

Well to be honest I would want to have some sort of a crystall ball that could tell me about the future. But my friend for example has sell orders at 1.7040 of 1050 lots , that flipping crazy in my opinion but then again he has an institutional account with 50m on it!!!!!!!. But imagine 1050 lots jesus need 100 pips thats 1 million profit
I wish I could time travel, I'd be "very" rich
Quoting Mr. Scott
{quote} Hi Chris, Got to go soon, but looking at chart I posted, have baby level at 1.69762. Level would expect pause. Or a tp level. So, still acting as expected.
Probably more of a pause I would think Scott. That 6984 is just a potential scalp level for a few. If it runs a deeper retrace that's good too. "If" it get's there and bounces at all that is.

Enjoy the day and God bless you brother.
Ghost Rider - WWTBMD?
Quoting Ryan3645
{quote} Well to be honest I would want to have some sort of a crystall ball that could tell me about the future. But my friend for example has sell orders at 1.7040 of 1050 lots , that flipping crazy in my opinion but then again he has an institutional account with 50m on it!!!!!!!. But imagine 1050 lots jesus need 100 pips thats 1 million profit
Your friend works for hedge fund?
Quoting yaphets
{quote} Your friend works for hedge fund?

No hedge fund , but its a investment firm in Dublin they are working together with Pension Funds and also government funds together
I wish I could time travel, I'd be "very" rich
Quoting Ryan3645
{quote} No hedge fund , but its a investment firm in Dublin they are working together with Pension Funds and also government funds together
He must know something..
I mean what if the BOE raises rates, then he's screwed..
Quoting ryan3645
{quote} well to be honest i would want to have some sort of a crystall ball that could tell me about the future. But my friend for example has sell orders at 1.7040 of 1050 lots , that flipping crazy in my opinion but then again he has an institutional account with 50m on it!!!!!!!. But imagine 1050 lots jesus need 100 pips thats 1 million profit :d:d:d
never land on a whole number ,,???
Quoting SaiLyfee
{quote} He must know something.. I mean what if the BOE raises rates, then he's screwed..
All he said to me is that he'll hold his position between 2 weeks and 2 months, but he works on the fx desk. He said that with the 1.7000 level to me months ago.
Haven't spoken to him since then, but guess 1.7000 must be a level for reversal or so.... not sure myself to be honest
I wish I could time travel, I'd be "very" rich
Quoting elbert3
{quote} never land on a whole number ,,???
What do you mean a whole number?
I wish I could time travel, I'd be "very" rich
Quoting Ryan3645
{quote} Well to be honest I would want to have some sort of a crystall ball that could tell me about the future. But my friend for example has sell orders at 1.7040 of 1050 lots , that flipping crazy in my opinion but then again he has an institutional account with 50m on it!!!!!!!. But imagine 1050 lots jesus need 100 pips thats 1 million profit
That is a lot. But still a very small slice of the overall pie...no? I would think an order that size, at that level, would mean they have plenty more to work with and just building shorts from there?
Ghost Rider - WWTBMD?
Quoting Ryan3645
{quote} What do you mean a whole number?
Please tell me you are taking the piss, because if you have the capital to trade a 45 lot position then I really am gobsmacked.
1.7000

Standby

HDA OUT
Quoting Ryan3645
{quote} What do you mean a whole number?
... Hmmmm.....
Ghost Rider - WWTBMD?
Quoting HDA
1.7000 Standby HDA OUT
LOL... She's a pushing.
Attached Image (click to enlarge)
Click to Enlarge Name: Big Smile.PNG Size: 466 KB
Ghost Rider - WWTBMD?
Quoting ryan3645
{quote} what do you mean a whole number?
1700 watch its not sold under the nose ??
DX weakness

Technical -> flat sided triangle

Forecasts 78.15

Support is being tested... I think the implications if the daily close is below 79.10 are obvious
Attached Image (click to enlarge)
Click to Enlarge Name: DX Daily.png Size: 24 KB
Quoting GDR3k
{quote} Please tell me you are taking the piss, because if you have the capital to trade a 45 lot position then I really am gobsmacked.

HAHA like to have my fun
I wish I could time travel, I'd be "very" rich
Quoting elbert3
{quote} 1700 watch its not sold under the nose ??

I know well, to be honest 1.700 is what I'll be looking at selling to be honest, but I already have over 40 lots open but will plan to open from 1.7000 to 1.7800 an additional 150 lots, lets see first
I wish I could time travel, I'd be "very" rich
Quoting JimmyC
DX weakness Technical -> flat sided triangle Forecasts 78.15 Support is being tested... I think the implications if the daily close is below 79.10 are obvious {image}
Ummmm.... FUBAR?? LOL
Ghost Rider - WWTBMD?
Quoting ruffryders
{quote} guess who's back. {image}
Ummmm..... Totally different approach than you, but great trader!
Ghost Rider - WWTBMD?
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