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Cable Update (GBPUSD)

  • #379,061
  • May 26, 2014 1:31am May 26, 2014 1:31am
Quoting Davit
{quote} No disrespect but what does Pound Trader position has anything to do with your trades. He is one among million traders In fact I have been opposite of him last 3 months on GU and won consistently.Trade what you believe
http://www.easyfreesmileys.com/smile...mileys-495.gif
  • #379,062
  • May 26, 2014 1:32am May 26, 2014 1:32am
Morning traders!

GU plan this week. 6780 - 6820 BUY ZONE. 6880-6920 SELL ZONE. Pretty much rangebound conditions expected this week.
  • #379,063
  • May 26, 2014 1:38am May 26, 2014 1:38am
Hi Davit

Yeah bit annoyed at myself

for not taking full advantage

of the down move.

Held on to some longs thinking it would

bounce back.

Ended up chasing shorts

Account has plenty off Moolaa

so its just going to longer to be right
  • #379,064
  • May 26, 2014 2:23am May 26, 2014 2:23am
Quoting 45Condor
{quote} I can think of no better person to start with than TheLastCoke. His first post on this thread here is, in my opinion, an absolutely brilliant place to start to learn. And this little chart here is an excellent quick-reference illustration. I have no affiliation with him in any commercial sense, and will state that his thread was presented to all before his skills took him commercial. That is...
Absolutely Before I was forced away from trading I went though every post there....except harmonics. ... lol

At the time, I didn't understand the importance. Especially to how it applies to my logic and way of seeing things.
Ghost Rider - WWTBMD?
  • #379,065
  • May 26, 2014 2:46am May 26, 2014 2:46am
Quoting Davit
short G/CHF 2x 5095
out at 78 +32pips
In trading, you have to be defensive and aggressive at the same time
  • #379,066
  • May 26, 2014 2:50am May 26, 2014 2:50am
Quoting Davit
{quote} out at 78 +32pips
Congrats
Fix up, trade sharp ...
  • #379,067
  • May 26, 2014 2:52am May 26, 2014 2:52am
Quoting Hickson
{quote} Congrats
Thanks bro
Set a limit at 5116 2x previous HH just in case it gets spiked in while I am sleeping.
green pips
In trading, you have to be defensive and aggressive at the same time
  • #379,068
  • May 26, 2014 2:57am May 26, 2014 2:57am
Quoting Davit
{quote} while I am sleeping. green pips
The best trades
Fix up, trade sharp ...
  • #379,069
  • May 26, 2014 3:02am May 26, 2014 3:02am
added
4 more shorts at 6850 total 6 so far
TP looking 1st target 6750'sh
Done for tonight.Green Pips
In trading, you have to be defensive and aggressive at the same time
  • #379,070
  • May 26, 2014 3:05am May 26, 2014 3:05am
GBPUSD M15

Scalp Short @ 1.6850 pre ECB President Draghi Speaks, following H4 down direction.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 33 KB
  • #379,071
  • May 26, 2014 3:09am May 26, 2014 3:09am
Quoting Davit
{quote} Thanks bro Set a limit at 5116 2x previous HH just in case it gets spiked in while I am sleeping. green pips

Gidday

Yeah nice one

I need one of thoses

I seem to be missing the good moves

lately
  • #379,072
  • May 26, 2014 3:09am May 26, 2014 3:09am
Quoting tomspin
After yesterdays bearish continuation I have lower targets as follow Buy limit @ 1.6804 with SL at 1.6781 - ...
Canceled above limit since 1.6850 failed
Currently short if this take me to 1.6774 (current target) I will be looking at 1.6667 area
1.6774 is also daily support so this is high prob trade
gl
Attached Image
swing it!
  • #379,073
  • May 26, 2014 4:31am May 26, 2014 4:31am
I like this set up for a 3rd TP around the end of June or so
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 38 KB
Click to Enlarge Name: gbpusddaily1.png Size: 34 KB
Come with me if you want to live....
  • #379,074
  • May 26, 2014 4:38am May 26, 2014 4:38am
Quoting eliteincome
Hi Davit Yeah bit annoyed at myself for not taking full advantage of the down move. Held on to some longs thinking it would bounce back. Ended up chasing shorts Account has plenty off Moolaa so its just going to longer to be right
don't be down on yourself because some traders tells you could made money if you did this, you be surprise why people here post there trade results with no proof, stick with your plan bro if you truly believe in it, and remember everybody wants to be a forex factory rock star trader
  • #379,075
  • May 26, 2014 4:52am May 26, 2014 4:52am
Quoting PoundTrader
{quote}don't be down on yourself because some traders tells you could made money if you did this, you be surprise why people here post there trade results with no proof, stick with your plan bro if you truly believe in it, and remember everybody wants to be a forex factory rock star trader
Not me .... A rock star trader? YES! But a "forex factory" rock star trader? Couldn't care less.

So far, I'm still just a roadie for the band.... .....
Ghost Rider - WWTBMD?
  • #379,076
  • May 26, 2014 4:55am May 26, 2014 4:55am
Quoting PoundTrader
{quote}don't be down on yourself because some traders tells you could made money if you did this, you be surprise why people here post there trade results with no proof, stick with your plan bro if you truly believe in it, and remember everybody wants to be a forex factory rock star trader
Inserted Video


  • #379,077
  • May 26, 2014 4:59am May 26, 2014 4:59am
Quoting JimmyC
{quote} http://youtu.be/DmeUuoxyt_E
.. One of my favorites but never saw that video of it. Love it Jimmy!
Ghost Rider - WWTBMD?
  • #379,078
  • May 26, 2014 5:02am May 26, 2014 5:02am
Quoting JimmyC
{quote} http://youtu.be/DmeUuoxyt_E
Hooooowwwllllll

Hooww

Hooww

Hoooooowwwllll
Come with me if you want to live....
  • #379,079
  • Edited 5:25am May 26, 2014 5:02am | Edited 5:25am
Quoting BogiFX
{quote} Nice chart
Ok dear , I just destroyed ur clean chart , sorry, Just trying to point the patterns or simply the PA those can be very malleable to fit for time frame to time frame to take shape the last !!that is ,any side can be changed to convert any length, bull set up into bear set up ( again they are just abcd or any convertible patterns only, described as PA also ) & vise-versa . so be flexible when see a pattern .I am not fan of any either but use whatever come forward in the process of my understanding market.
Thanks

fontu

why not 1 chart fit here too!!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly1.png Size: 43 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #379,080
  • May 26, 2014 5:10am May 26, 2014 5:10am
I always get nervous when someone like davit starts on loading shorts.
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