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Cable Update (GBPUSD)

  • #376,921
  • May 9, 2014 4:20am May 9, 2014 4:20am
Quoting Bones
guys do you see any sellers of usdx today a gift has occurred ,understand pretty ,reasonable size in great location {image}
Tony, not everyone is looking for a position to "hold" for days/weeks or longer here. Think intraday brother.
Ghost Rider - WWTBMD?
  • #376,922
  • May 9, 2014 4:24am May 9, 2014 4:24am
gbp cad no buyers beraish weekly ,and monthly
freefall
im not trading as im already postioned on other pairs

Quoting Bones
Lets be honest its not going to your target for quite some time, ,actullly looks great short , {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcaddaily 9 may.png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,923
  • May 9, 2014 4:26am May 9, 2014 4:26am
Quoting zaghloul
Why is it going down on good news? WHY!
cause you are only retailer who want to be a millioner.
its too stupid to buy on high even if good fundamentals. you better additionally listen cnbc what woman in tv will say. and if she will say the bank of england enjoys UK economic grow and good perspective you better put all on that news. ye all your capital with 1:500 leverage ok and buy foking pound
  • #376,924
  • May 9, 2014 4:27am May 9, 2014 4:27am
lol ,chris your see ,interday theres no buy at all ,im thinkinhg of making a lot of money call me greedy if you like ,

Quoting albchr
{quote} Tony, not everyone is looking for a position to "hold" for days/weeks or longer here. Think intraday brother.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,925
  • May 9, 2014 4:28am May 9, 2014 4:28am
Quoting gjgjg
{quote} I also make the 61fib of yesterday's rally to be @~6906, so im pondering a bounce up around now too
Morning gjgjg, I typically jump in a bit early so trade only what you see. I'm willing to cough up 10 or 15 to find out if I'm wrong.
Ghost Rider - WWTBMD?
  • #376,926
  • May 9, 2014 4:32am May 9, 2014 4:32am
Quoting Trader88q
{quote} cause you are only retailer who want to be a millioner. its too stupid to buy on high even if good fundamentals. you better additionally listen cnbc what woman in tv will say. and if she will say the bank of england enjoys UK economic grow and good perspective you better put all on that news. ye all your capital with 1:500 leverage ok and buy foking pound
Very cute. I'm a fundamental trader, and thats why I'm surprised at the strength and magnitude of the down movement.
  • #376,927
  • May 9, 2014 4:32am May 9, 2014 4:32am
Attached Image
  • #376,928
  • May 9, 2014 4:32am May 9, 2014 4:32am
Quoting Bones
lol ,chris your see ,interday theres no buy at all ,im thinkinhg of making a lot of money call me greedy if you like , {quote}
That's great buddy. Your not greedy and you're a great trader. You see the trend perhaps turning, I don't. We all see what we see and trade it. Right now, in this low volume, there's no serious buying OR selling that "I can see". As such "for now", I'll stick with trend.
Ghost Rider - WWTBMD?
  • #376,929
  • May 9, 2014 4:35am May 9, 2014 4:35am
Quoting zaghloul
Why is it going down on good news? WHY!
Don't worry it is going to be bull potential of more than 100 pips target must b 1.7020+
  • #376,930
  • May 9, 2014 4:35am May 9, 2014 4:35am
Quoting mn786
{quote} Don't worry it is going to be bull potential of more than 100 pips target must b 1.7020+
one more
  • #376,931
  • May 9, 2014 4:38am May 9, 2014 4:38am
Quoting albchr
{quote} Morning Tony You could be right. I still have one eye open and making coffee now. That said, in my experience a 4H 50 bounce in a strong trend is always worth a few pips risk to test it. Small long, one finger on the button, the other making a Cup O Jo. We'll see... EDIT: I rather like the 1H 200's as well. Maybe at least a 50% retrace of that last 1H bar. Added chart. {image} {image}
Albchr, I agree with you, it can be a great entry since it seems it found support at 1.69

By the way, do you wake up at 5 in the morning?
  • #376,932
  • May 9, 2014 4:41am May 9, 2014 4:41am
ok chris you stick with that trend ,
I see whats happening as I said trend traders been holding for 150 pips when on a two month chart it fell 300 +pips before rising slighly on close
only time will tell



Quoting albchr
{quote} That's great buddy. Your not greedy and you're a great trader. You see the trend perhaps turning, I don't. We all see what we see and trade it. Right now, in this low volume, there's no serious buying OR selling that "I can see". As such "for now", I'll stick with trend.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #376,933
  • May 9, 2014 4:47am May 9, 2014 4:47am
Quoting zaghloul
Why is it going down on good news? WHY!
it is overbought
  • #376,934
  • May 9, 2014 4:49am May 9, 2014 4:49am
Quoting Bones
ok chris you stick with that trend , I see whats happening as I said trend traders been holding for 150 pips when on a two month chart it fell 300 +pips before rising slighly on close only time will tell {quote}
I too am shocked people are buying into this reversal/dip whatever you want to call it.

Getting long on the dollar seems the only sensible thing to do here for longer term
  • #376,935
  • May 9, 2014 4:49am May 9, 2014 4:49am
Quoting Carlicus
{quote} Albchr, I agree with you, it can be a great entry since it seems it found support at 1.69 By the way, do you wake up at 5 in the morning?
No sir, normally 3am for London open. I slept late this morning. I was really tired... lol. Between the class with HDA and nursing a weak EJ long I was up too late last night.

As for the entry, we'll see..... Fib is this week's climb.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 55 KB
Ghost Rider - WWTBMD?
  • #376,936
  • May 9, 2014 4:50am May 9, 2014 4:50am
6915 is now resistance it has broken the 900 i look to short 9609 sl manage
  • #376,937
  • May 9, 2014 4:52am May 9, 2014 4:52am
Quoting PipLand
{quote} I too am shocked people are buying into this reversal/dip whatever you want to call it. Getting long on the dollar seems the only sensible thing to do here for longer term
Its all relative what timeframe you are looking at!
All posts are my personal opinion
  • #376,938
  • May 9, 2014 4:52am May 9, 2014 4:52am
Quoting Bones
ok chris you stick with that trend , I see whats happening as I said trend traders been holding for 150 pips when on a two month chart it fell 300 +pips before rising slighly on close only time will tell {quote}
I am doing no such thing my woodworking brother. Just a few will do. In either or BOTH directions.
Ghost Rider - WWTBMD?
  • #376,939
  • May 9, 2014 4:52am May 9, 2014 4:52am
Quoting albchr
{quote} No sir, normally 3am for London open. I slept late this morning. I was really tired... lol. Between the class with HDA and nursing a weak EJ long I was up too late last night. As for the entry, we'll see..... Fib is this week's climb. {image}
your doing it wrong you should of been in my short trade class ,lol then a bottle of red wine then sleep ,, up early this morning check my posts all trades booked nearly to the pip,, gl to day regards E
  • #376,940
  • May 9, 2014 4:53am May 9, 2014 4:53am
Quoting albchr
{quote} No sir, normally 3am for London open. I slept late this morning. I was really tired... lol. Between the class with HDA and nursing a weak EJ long I was up too late last night. As for the entry, we'll see..... Fib is this week's climb. {image}
Your SL is right where my buy order is
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