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Cable Update (GBPUSD)

  • #376,101
  • May 6, 2014 10:21am May 6, 2014 10:21am
the rocket is running out of fuel or just planning to fly higher?
visit www.OlimpiaFX.com
  • #376,102
  • May 6, 2014 10:28am May 6, 2014 10:28am
Quoting HDA
{quote} @albchr: 1.6960 is likely HDA OUT
@HDA:

hello , you must consider this :
GBPUSD- exceeding a 99% VaR calculation…

Attached Image (click to enlarge)
Click to Enlarge Name: VaR_2.jpg Size: 57 KB


Who cares? Possibly a long position looking to take some profit. Generally, it is used to calculate exposure and possible losses. By this measure, this GBP price movement exceeds the 99% threshold, and my be one way to help you determine an exit too.
Get Rich or Die Tryin
  • #376,103
  • May 6, 2014 10:29am May 6, 2014 10:29am
great news, some zombies got ressurected, which should add to the quality of this thread.
  • #376,104
  • May 6, 2014 10:30am May 6, 2014 10:30am
Quoting olimpia
the rocket is running out of fuel or just planning to fly higher?
@olimpia:

We just have to be Patient

The market talk is that the Options barrier at 1.7000 looks more like when, rather than if, it will be taken out.

So I'm holding and will continue to earn the positive swaps

HDA OUT
  • #376,105
  • May 6, 2014 10:34am May 6, 2014 10:34am
my only request for GU is not to go parabolic, well, at least not until end of summer.
  • #376,106
  • May 6, 2014 10:36am May 6, 2014 10:36am
Quoting hoom
{quote} @HDA: hello , you must consider this : GBPUSD- exceeding a 99% VaR calculation… {image} Who cares? Possibly a long position looking to take some profit. Generally, it is used to calculate exposure and possible losses. By this measure, this GBP price movement exceeds the 99% threshold, and my be one way to help you determine an exit too.
@hoom:

Thank you very much for sharing. You mean well and I really appreciate that.

Your kindness does not go unnoticed.

I will continue to hold long to 1.7000 just the same

I'm not an algorithmic trader. I just trade facts. The facts are on the table.

Lets see what happens

HDA OUT
  • #376,107
  • May 6, 2014 10:41am May 6, 2014 10:41am
I was so hoping to share this special treat with all of you today

I have worked so hard on it. But I cant do it unless my take profit 1.7000 gets hit.

Oh well, maybe tomorrow, maybe later today.



HDA OUT
  • #376,108
  • May 6, 2014 10:43am May 6, 2014 10:43am
Quoting ruffryders
my only request for GU is not to go parabolic, well, at least not until end of summer.
lol i am going to take your jibes as jokes lol regards E buy the way was that you before running after that train,lol note if you give it then you have to take it regards E out
  • #376,109
  • May 6, 2014 10:50am May 6, 2014 10:50am
Quoting albchr
{quote} 6940 is my target but I'm not greedy. Still think she "may" have a little push left before either though. Let's see.
that will give me 50 x 4 pips and down 16 x 4 this morning fingers crossed we have to pass the 100 on the 5 min at about 65 ??
  • #376,110
  • May 6, 2014 10:51am May 6, 2014 10:51am
Quoting HDA
I was so hoping to share this special treat with all of you today I have worked so hard on it. But I cant do it unless my take profit 1.7000 gets hit. Oh well, maybe tomorrow, maybe later today. HDA OUT
i hate waiting HDA can we have a clue ,,E
  • #376,111
  • May 6, 2014 10:51am May 6, 2014 10:51am
Well, I just want to thank all the good traders here. I've learned more in the past couple weeks from all of you than I have in a long time. I think the single greatest thing I've learned is the very high level of patience and conviction from HDA. Not saying others here don't do the same but I don't know anyone personally that shows the patience and conviction to stick to a trading plan like that.

After waiting from November 2013 to hit the exit of 7000 and coming to 6995 today, just FIVE pips from it, I've never met anyone who wouldn't have jumped all over closing out and scrapping "the plan" to bank the profit.

While I'm sure collecting the daily swap that's more than some folks take home for a weeks work helps, I'm a touch awed by the conviction and patience no matter what happens next.

A pleasure to be in the company of all you folks. ...

By the way... this guy... .... to me means respect not, not worthy.
Ghost Rider - WWTBMD?
  • #376,112
  • May 6, 2014 10:58am May 6, 2014 10:58am
Quoting elbert3
{quote} i hate waiting HDA can we have a clue ,,E
@elbert3:

I shared the clue already.

Here it is again:

As for the surprise, here's a sneak preview.

Coming to a GBP/USD Forex Factory Cinema near you.



Inserted Video



HDA OUT

P.S. albchr you are going to have to pop fresh popcorn
  • #376,113
  • May 6, 2014 11:02am May 6, 2014 11:02am
Quoting HDA
{quote} P.S. albchr you are going to have to pop fresh popcorn
And buy more butter it seems....
Ghost Rider - WWTBMD?
  • #376,114
  • May 6, 2014 11:03am May 6, 2014 11:03am
Quoting albchr
Well, I just want to thank all the good traders here. I've learned more in the past couple weeks from all of you than I have in a long time. I think the single greatest thing I've learned is the very high level of patience and conviction from HDA. Not saying others here don't do the same but I don't know anyone personally that shows the patience and conviction to stick to a trading plan like that. After waiting from November 2013 to hit the exit of 7000 and coming to 6995 today, just FIVE pips from it, I've never met anyone who wouldn't have jumped...
@albchr:

You are too kind. Thank you and its my pleasure also and you will see why I say, its my pleasure also, once I share the special surprise I worked so hard on for everyone in this GBP/USD thread.

HDA OUT
  • #376,115
  • May 6, 2014 11:05am May 6, 2014 11:05am
Quoting HDA
{quote} @elbert3: I shared the clue already. Here it is again: As for the surprise, here's a sneak preview. Coming to a GBP/USD Forex Factory Cinema near you. http://www.youtube.com/watch?v=rAipNNtvwP4 HDA OUT P.S. albchr you are going to have to pop fresh popcorn
I HAVE SEE THIS ON YOU TUBE ?? NO SURPRISE NOW LOL
  • #376,116
  • May 6, 2014 11:05am May 6, 2014 11:05am
Quoting albchr
{quote} But are you feeling better bro? I hope so.
IM FEELING REAL GOOD
  • #376,117
  • May 6, 2014 11:07am May 6, 2014 11:07am
Quoting albchr
{quote} And buy more butter it seems....
DO YOU REMEMBER YESTERDAY I SENT YOU,,, USD CAD WAS GOOD FOR 200, I FORGOT IT 70 PIPS UP NOW
  • #376,118
  • May 6, 2014 11:07am May 6, 2014 11:07am
Quoting PoundTrader
{quote}IM FEELING REAL GOOD
... Fantastic! Good to hear.
Ghost Rider - WWTBMD?
  • #376,119
  • May 6, 2014 11:10am May 6, 2014 11:10am
Quoting elbert3
{quote} I HAVE SEE THIS ON YOU TUBE ?? NO SURPRISE NOW LOL
@elbert3:

It's just a clue. That's the best thing I could find to use as a clue. You will see when it comes out

You will be surprised, Trust me, My mom is a policeman

HDA OUT
  • #376,120
  • May 6, 2014 11:11am May 6, 2014 11:11am
Quoting HDA
{quote} @albchr: You are too kind. Thank you and its my pleasure also and you will see why I say, its my pleasure also, once I share the special surprise I worked so hard on for everyone in this GBP/USD thread. HDA OUT
Well then, let's hope we see 7000 before the greatest wealth transfer known to man takes place. I'm a little behind... lol
Ghost Rider - WWTBMD?
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