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Cable Update (GBPUSD)

  • #379,501
  • May 28, 2014 8:24am May 28, 2014 8:24am
Quoting Donika
{quote}
What's up Donika?
Ghost Rider - WWTBMD?
  • #379,502
  • May 28, 2014 8:25am May 28, 2014 8:25am
Howzit

now @support it matters if it breaks 1.6594 is the call bear diamond reversal target
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  • #379,503
  • May 28, 2014 8:25am May 28, 2014 8:25am
Quoting albchr
Touch down .... and Bounce now? {image}
Oh no... No bounce...she just go BOOM again! Oh well, I'm still happy.

The push before the turn perhaps?
Ghost Rider - WWTBMD?
  • #379,504
  • May 28, 2014 8:29am May 28, 2014 8:29am
This is end of the month profit taking
June could be a corrective waves up again.

EU has not had correction yet.Something to look to anticipate.
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In trading, you have to be defensive and aggressive at the same time
  • #379,505
  • May 28, 2014 8:31am May 28, 2014 8:31am
Quoting elbert3
{quote} looks like gold shorted again where i said 67, target 55-37 extended pp now more money in the bank
one thing which is proving quite tough for us traders speaking of myself anyway is friggin timing

I have USD building over time GBP, EUR and gold sinking longer term..FTSE 100 falling (main driver for GBP to sink)
I can only hope this is correct over longer term..as im going to have the market prove otherwise b4 i do different
  • #379,506
  • May 28, 2014 8:32am May 28, 2014 8:32am
Quoting Davit
This is end of the month profit taking June could be a corrective waves up again. EU has not had correction yet.Something to look to anticipate. {image}

excellent trading from as always bro
  • #379,507
  • May 28, 2014 8:32am May 28, 2014 8:32am
Quoting Davit
This is end of the month profit taking June could be a corrective waves up again. EU has not had correction yet.Something to look to anticipate. {image}
My thinking as well Davit. Should be interesting.
Ghost Rider - WWTBMD?
  • #379,508
  • May 28, 2014 8:32am May 28, 2014 8:32am
Quoting albchr
{quote} Oh no... No bounce...she just go BOOM again! Oh well, I'm still happy. The push before the turn perhaps?
No bounce bear came live chasing after me
Heed the lessons of failure.
  • #379,509
  • May 28, 2014 8:33am May 28, 2014 8:33am
Quoting nAVIN2007
{quote} one thing which is proving quite tough for us traders speaking of myself anyway is friggin timing I have USD building over time GBP, EUR and gold sinking longer term..FTSE 100 falling (main driver for GBP to sink) I can only hope this is correct over longer term..as im going to have the market prove otherwise b4 i do different
Feel good now not taking those massive losses back at 69 insisted by HDA?
You must of saved hundreds already.
In trading, you have to be defensive and aggressive at the same time
  • #379,510
  • May 28, 2014 8:36am May 28, 2014 8:36am
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before and after to with in 1 pip of the posted inverted flag,,
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  • #379,511
  • May 28, 2014 8:36am May 28, 2014 8:36am
Quoting Davit
EU has not had correction yet.Something to look to anticipate. {image}
As per the book it should be before Friday right!
Heed the lessons of failure.
  • #379,512
  • May 28, 2014 8:37am May 28, 2014 8:37am
Quoting Davit
{quote} Feel good now not taking those massive losses back at 69 insisted by HDA? You must of saved hundreds already.

yes for sure but my target is actually very low..i pretty much am in this for at least 1 year more minimum

if it gets to 1.6 i may try a hedge for a few and release to ride the mofo down not sure where but this year i need to see us back at the open otherwise i may have to get a hit..i have a long way to go b4 i do anything
  • #379,513
  • May 28, 2014 8:39am May 28, 2014 8:39am
I've chickened out and closed all my short positions.
My best results this month so far +33% Lucky me! I wish every month I could do that haha
  • #379,514
  • May 28, 2014 8:41am May 28, 2014 8:41am
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  • #379,515
  • May 28, 2014 8:42am May 28, 2014 8:42am
Quoting Carlicus
I've chickened out and closed all my short positions. My best results this month so far +33% Lucky me! I wish every month I could do that haha
well done you will of upset trader by not taking 300 pips out of that trade i am staying in because of the breakout cad
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tp is the 200 pp 811 when it passes
  • #379,516
  • May 28, 2014 8:43am May 28, 2014 8:43am
Quoting Donika
{quote} No bounce bear came live chasing after me
Oh... I'm sorry. I didn't know you were long? Next shot at bounce for correction here. But she has some steam for sure. Wish I had held a bit longer but. Oh well
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Ghost Rider - WWTBMD?
  • #379,517
  • May 28, 2014 8:45am May 28, 2014 8:45am
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and this 55 area target
  • #379,518
  • May 28, 2014 8:48am May 28, 2014 8:48am
Quoting elbert3
{quote} well done you will of upset trader by not taking 300 pips out of that trade i am staying in because of the breakout cad{image} tp is the 200 pp 811 when it passes
I agree with you that 1.6650 it was a much better area to get out of the trade, but I've read that there is a barrier option @1.6700 and I didn't like the way it has stopped at 1.6717 looking at the volume, so I'm better out and let's see if I'm right and I can reenter short higher
  • #379,519
  • May 28, 2014 8:48am May 28, 2014 8:48am
Quoting nAVIN2007
{quote} yes for sure but my target is actually very low..i pretty much am in this for at least 1 year more minimum if it gets to 1.6 i may try a hedge for a few and release to ride the mofo down not sure where but this year i need to see us back at the open otherwise i may have to get a hit..i have a long way to go b4 i do anything
You just need to free up funds to trade other pairs if you are not doing already.
Because your situation has turned into investor rather trader.
Its a skill that needs constant honing.When not practicing you kind of get stale.
Wish you the best
In trading, you have to be defensive and aggressive at the same time
  • #379,520
  • May 28, 2014 8:50am May 28, 2014 8:50am
Quoting Davit
{quote} You just need to free up funds to trade other pairs if you are not doing already. Because your situation has turned into investor rather trader. Its a skill that needs constant honing.When not practicing you kind of get stale. Wish you the best

yes that true..infact thats exactly how i feel..
thanks bro
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