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Cable Update (GBPUSD)

  • #380,701
  • Jun 6, 2014 5:24am Jun 6, 2014 5:24am
Quoting DerekTrotter
{quote} Gonna go the distance on this one.. still long .. http://www.youtube.com/watch?v=8g_GeQR8fJo
Yeah if I were in where you are I wouldn't dream of closing now. But being flat, I'll wait for the excitement to subside.
Ghost Rider - WWTBMD?
  • #380,702
  • Jun 6, 2014 5:24am Jun 6, 2014 5:24am
6830 hit, looks like a setup...might drop right from here...
Everyone can see the chart, but only a few can actually read it.
  • #380,703
  • Jun 6, 2014 5:26am Jun 6, 2014 5:26am
price setup will change in 4hr candle later
GELORE
  • #380,704
  • Jun 6, 2014 5:29am Jun 6, 2014 5:29am
so straddle NFP I think.......order to buy at 6835, and to sell at 6815...may be a bit tight but will see...will close manually as appropriate re what happens on the release of the data.

best wishes.
it's all gone a bit........
  • #380,705
  • Jun 6, 2014 5:29am Jun 6, 2014 5:29am
Quoting onlineaddict
6830 hit, looks like a setup...might drop right from here...
yes on the 200 4 hour ??? I am like a gunslinger lap top ,pc then it will be a flop lol
  • #380,706
  • Jun 6, 2014 5:33am Jun 6, 2014 5:33am
Quoting albchr
{quote} I think at least partly yes. NFP hasn't been as big a bang lately as it usually is. I keep in mind it's an election cycle here. So one must look good now no? Given that the NFP is such a low forecast, I'd expect better than that even if not great. And I'm "almost" willing to bet the UP will drop a point or more. Just guesses here of course but should be interesting anyway.
Ghost Rider - WWTBMD?
  • #380,707
  • Jun 6, 2014 5:34am Jun 6, 2014 5:34am
Quoting elbert3
{quote} yes on the 200 4 hour ??? I am like a gunslinger lap top ,pc then it will be a flop lol
f me delayed action,,
  • #380,708
  • Jun 6, 2014 5:34am Jun 6, 2014 5:34am
not bad news. but.... Someone big is pushing US down. Let's monitor
No emotions, just trade
  • #380,709
  • Jun 6, 2014 5:37am Jun 6, 2014 5:37am
50% 6995-6691 at present high.
it's all gone a bit........
  • #380,710
  • Jun 6, 2014 5:40am Jun 6, 2014 5:40am
Couple of months ago, had the same situation. NFP almost in touch with plan, but a little lower. What happened? big crazy moves on the market like now. after strong cable uptrend. time will show. Good luck to everybody!!!!!
No emotions, just trade
  • #380,711
  • Jun 6, 2014 5:40am Jun 6, 2014 5:40am
[quote=Janut;7518323]not bad news. but.... Someone big is pushing US down. Let's monitor[et /quote]
give it time .. early yet for some ..
  • #380,712
  • Jun 6, 2014 5:41am Jun 6, 2014 5:41am
it is hunting the sl and very sonn will see it way below 6750
  • #380,713
  • Jun 6, 2014 5:43am Jun 6, 2014 5:43am
Quoting Janut
not bad news. but.... Someone big is pushing US down. Let's monitor
Yep
Attached Image (click to enlarge)
Click to Enlarge Name: USDLFXH1.png Size: 40 KB
Ghost Rider - WWTBMD?
  • #380,714
  • Jun 6, 2014 5:44am Jun 6, 2014 5:44am
Quoting Janut
Couple of months ago, had the same situation. NFP almost in touch with plan, but a little lower. What happened? big crazy moves on the market like now. after strong cable uptrend. time will show. Good luck to everybody!!!!!
  • #380,715
  • Jun 6, 2014 5:49am Jun 6, 2014 5:49am
Looks like a trap for bulls, I wouldn't enter long here.
Everyone can see the chart, but only a few can actually read it.
  • #380,716
  • Jun 6, 2014 5:52am Jun 6, 2014 5:52am
[quote=DerekTrotter;7518351]
Quoting Janut
not bad news. but.... Someone big is pushing US down. Let's monitor[et /quote] give it time .. early yet for some ..
Since i trade in both direction, it's ok for me even if cable shall fall or not. But according to my conclusions Cable falls more then 100 pips if 1. Really bad news for Cable 2. Big retrace or sell off. Because of good us news cable falls but do not change trend direct. Just expressing my vision.
No emotions, just trade
  • #380,717
  • Jun 6, 2014 5:53am Jun 6, 2014 5:53am
Quoting OnlineAddict
Looks like a trap for bulls, I wouldn't enter long here.
Neither would I ...

Quoting albchr
{quote} Buy at 6820
Ghost Rider - WWTBMD?
  • #380,718
  • Jun 6, 2014 5:55am Jun 6, 2014 5:55am
[quote=Janut;7518404]
Quoting DerekTrotter
{quote} Since i trade in both direction, it's ok for me even if cable shall fall or not. But according to my conclusions Cable falls more then 100 pips if 1. Really bad news for Cable 2. Big retrace or sell off. Because of good us news cable falls but do not change trend direct. Just expressing my vision.
Totally agree but is that not the question was it good news or not - the question i ask if how much was invested in the economy for those numbers to appear - and also what level of jobs are we talking about here .. I went long at 167 150 .. on the 28th may am .. if that makes sense ..
  • #380,719
  • Jun 6, 2014 5:55am Jun 6, 2014 5:55am
Quoting DerekTrotter
{quote} Can u hear her .. its the that fat lady again she has started singing ..
i can hear that fat bitch loud and clear
  • #380,720
  • Jun 6, 2014 5:58am Jun 6, 2014 5:58am
Quoting PoundTrader
{quote}i can hear that fat bitch loud and clear
sweet
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