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Cable Update (GBPUSD)

  • #376,361
  • May 7, 2014 9:26am May 7, 2014 9:26am
Quoting albchr
A little dropping on GJ and UJ. Not much moving on GU yet. Come on granny Yellen .... start yelling....something.
wait for Q&A
Get Rich or Die Tryin
  • #376,362
  • May 7, 2014 9:27am May 7, 2014 9:27am
Attached Image


....say something off script....

Pleeze

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  • #376,363
  • May 7, 2014 9:28am May 7, 2014 9:28am
Quoting albchr
A little dropping on GJ and UJ. Not much moving on GU yet. Come on granny Yellen .... start yelling....something.
@albchr;

Hi did u close your sell position ? It is going to bounce high

add me in skype fxtein.venkat
  • #376,364
  • May 7, 2014 9:30am May 7, 2014 9:30am
GU H4 GMT

Nicely trending, flagging... Broken ~6964 resistance is under testing. After break up the trendline of correction it is ready to touch the ~7038 resistance.
Buy stop .6984, buy limit .6913.
Invalidation if price could close under ~6880.

Good luck!
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Anything is math!
  • #376,365
  • May 7, 2014 9:52am May 7, 2014 9:52am
Crude Oil inventories were down or negative. But the dollar value seems to be going up (Barchart.com) Yellen keeps saying ...so...blah, blah, blah. It seems the sente guy keeps pressuring her to give specific answers when she can't/won't. It's now hurting the dollar I think....
  • #376,366
  • May 7, 2014 9:54am May 7, 2014 9:54am
Quoting Fxtein
{quote} @albchr; Hi did u close your sell position ? It is going to bounce high add me in skype fxtein.venkat
Quoting albchr
{quote} Not me. And I'm out with a couple 15.1 between the two I had. She's going back up at least a little now. {image}


Don't use Skype
Ghost Rider - WWTBMD?
  • #376,367
  • May 7, 2014 9:56am May 7, 2014 9:56am
Currently dragon scalping

Long @ 172.368
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Ghost Rider - WWTBMD?
  • #376,368
  • May 7, 2014 10:01am May 7, 2014 10:01am
Quoting albchr
{quote} Ummmmmm..... I remember mine. Bank em when you got em.
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the motto ,red over white good night,, i have people here cant post remain short,,, E out,, lol
  • #376,369
  • May 7, 2014 10:05am May 7, 2014 10:05am
Quoting elbert3
{quote} {image} the motto ,red over white good night,, i have people here cant post remain short,,, E out,, lol
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no 1700 /
  • #376,370
  • May 7, 2014 10:09am May 7, 2014 10:09am
Quoting JimmyC
FTSE 1H Short {image}
Had a load of shorts on the FTSE while the GBPUSD was consolidating this afternoon.

FTSE retraced up to around 6795 around 12pm London time so scalped some shorts and left some on and fell asleep for almost 2 hours!
Just woke to see them all closed for over 100 points!

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  • #376,371
  • May 7, 2014 10:10am May 7, 2014 10:10am
Quoting elbert3
{quote} {image} the motto ,red over white good night,, i have people here cant post remain short,,, E out,, lol
That's a great motto for "your" approach buddy. Go Git Em!!
Ghost Rider - WWTBMD?
  • #376,372
  • May 7, 2014 10:19am May 7, 2014 10:19am
Never ending GBP strength
  • #376,373
  • May 7, 2014 10:20am May 7, 2014 10:20am
Quoting AlexFleming
{quote} Had a load of shorts on the FTSE while the GBPUSD was consolidating this afternoon. FTSE retraced up to around 6795 around 12pm London time so scalped some shorts and left some on and fell asleep for almost 2 hours! Just woke to see them all closed for over 100 points! {image}
Fun when it works

Futures after...

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I suspect this is going to hurt equities and

Continue LONG GU
  • #376,374
  • May 7, 2014 10:22am May 7, 2014 10:22am
DX 4H
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  • #376,375
  • May 7, 2014 10:22am May 7, 2014 10:22am
Quoting HDA
{quote} @ruffryders: EUR/USD is gonna be well behaved for now, but it will make an attempt for the very large options barrier at 1.4000 I just hope TauTrader will be okay, I just looked at his trade explorer and he's fighting a battle there. Hang in there TauTrader. HDA OUT
TT is trading demo, but.
  • #376,376
  • May 7, 2014 10:31am May 7, 2014 10:31am
should be bullish once traders pick this up.
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  • #376,377
  • May 7, 2014 10:33am May 7, 2014 10:33am
The longer this lady talks.... The stronger the Pound gets & weaker the dollar gets......
  • #376,378
  • May 7, 2014 10:34am May 7, 2014 10:34am
Quoting mr.stjoeguy
The longer this lady talks.... The stronger the Pound gets & weaker the dollar gets......
fine with me.
  • #376,379
  • May 7, 2014 10:35am May 7, 2014 10:35am
Quoting albchr
Currently dragon scalping Long @ 172.368 {image}
LOL... had my stop set +5 ... Then backed it off to +2 where it was promptly hit. Soooo..... +2 ...

Think that's enough of this wildly exciting market for me today.
Ghost Rider - WWTBMD?
  • #376,380
  • May 7, 2014 10:37am May 7, 2014 10:37am
I'm still here re-formatting my special treat presentation for you all, after losing it earlier when my browser crashed

I can't believe I have to do this over

I'm patient, so I'm just taking my time. :nerd:

HDA OUT
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