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Cable Update (GBPUSD)

  • #381,881
  • Jun 13, 2014 11:42am Jun 13, 2014 11:42am
Quoting Carlicus
{quote} I replied "Time will tell", and well, time told me the answer. You were right bro! Congrats and very well done
She played everyone for 1.5 months so it was easy to get trapped....
You're a standup man, I appreciate that.
Hope you're doing well nonetheless...
Hear the music before the song is over ...
  • #381,882
  • Jun 13, 2014 11:47am Jun 13, 2014 11:47am
Quoting GlobalMacro
{quote} She played everyone for 1.5 months so it was easy to get trapped.... You're a standup man, I appreciate that. Hope you're doing well nonetheless...
Hey brother. So do you think it's "finally" ready or do we have to endure some more screwing around yet? lol
Ghost Rider - WWTBMD?
  • #381,883
  • Edited 10:56pm Jun 13, 2014 12:08pm | Edited 10:56pm
Quoting albchr
{quote} Hey brother. So do you think it's "finally" ready or do we have to endure some more screwing around yet? lol
She HAS been pretty hardnosed -- riled -- around this zone...
Looks like bulls got enough to back it up this time tho.
Hear the music before the song is over ...
  • #381,884
  • Jun 13, 2014 12:23pm Jun 13, 2014 12:23pm
GBP/CHF
well weekend and time to close the buy order, rising wedge... on 5m chart.
time to close but on the watchlist for next week...

price between long term (May 2013) 1.50 and 1.618 fibo extension.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPHF.PNG Size: 41 KB
just do it
  • #381,885
  • Jun 13, 2014 12:34pm Jun 13, 2014 12:34pm
Quoting thodie
GBP/CHF well weekend and time to close the buy order, rising wedge... on 5m chart. time to close but on the watchlist for next week... price between long term (May 2013) 1.50 and 1.618 fibo extension. {image}
how do you think about this?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPHF.PNG Size: 37 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #381,886
  • Jun 13, 2014 12:36pm Jun 13, 2014 12:36pm
Quoting thodie
GBP/CHF well weekend and time to close the buy order, rising wedge... on 5m chart. time to close but on the watchlist for next week... price between long term (May 2013) 1.50 and 1.618 fibo extension. {image}
and this?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPHF.PNG Size: 62 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #381,887
  • Jun 13, 2014 12:39pm Jun 13, 2014 12:39pm
Quoting thodie
GBP/CHF well weekend and time to close the buy order, rising wedge... on 5m chart. time to close but on the watchlist for next week... price between long term (May 2013) 1.50 and 1.618 fibo extension. {image}
and this?

Attached Image (click to enlarge)
Click to Enlarge Name: EG - id81_260.png Size: 46 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #381,888
  • Jun 13, 2014 12:56pm Jun 13, 2014 12:56pm
Quoting ffleo
{quote} and this? {image}
pretty similar, already in 2long trades but had to hedge that one to 80%, work most of the time with pendings or small lot EA´s
as i am no daytrader, have a 12hour job during london until late US session...
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP.PNG Size: 39 KB
just do it
  • #381,889
  • Jun 13, 2014 1:03pm Jun 13, 2014 1:03pm
Quoting GlobalMacro
{quote} Getting screwed around..hmmm..now that's the problem with trading, isn't it bro...lol But...seriously,she HAS been pretty hardnosed -- riled -- around this zone... Looks like bulls got enough to back it up this time tho.
lol .. yeah. As a half assed day trader I don't mind the ranges. They're fun to play in. After a while though, I tend to get a bit impatient waiting for trend continuation or reversal. As I've held by my charts we're still in the bull trend, I guess I've become impatient to see it move along now. I guess I want the next higher range please...lol

Just as years ago, I value your view on the matter. Have a great weekend bro and thanks.
Ghost Rider - WWTBMD?
  • #381,890
  • Edited 10:48pm Jun 13, 2014 1:24pm | Edited 10:48pm
Quoting albchr
{quote} lol .. yeah. As a half assed day trader I don't mind the ranges. They're fun to play in. After a while though, I tend to get a bit impatient waiting for trend continuation or reversal. As I've held by my charts we're still in the bull trend, I guess I've become impatient to see it move along now. I guess I want the next higher range please...lol Just as years ago, I value your view on the matter. Have a great weekend bro and thanks.
Respect, brother

We're in a transition phase right now so things can get fast and furious from here on - either way -
no ranges around here for me....at least I hope not ....so it pays to be a bit more patient and
let the dust settle before embarking on range trading again.
Hear the music before the song is over ...
  • #381,891
  • Jun 13, 2014 1:38pm Jun 13, 2014 1:38pm
Hi everybody
my name is Abdul and i am new in here.
what is up?
  • #381,892
  • Jun 13, 2014 1:48pm Jun 13, 2014 1:48pm
Quoting GlobalMacro
{quote} Respect, brother We're in a transition phase right now so things can get fast and furious from here on - either way - no ranges around here for me....at least I hope not ....so it pays to be a bit more patient and let the dust settle before embarking on range trading again. Anyway... Can you believe we're 5 years on since we first spoke....almost scary... lots has changed, yet we're still trading... Geez, don't know if that's a good or bad thing Lord have mercy!
I hear ya about the ranges. lol

I know right? And to think today seemed forever away back then. Perception of time is still funny that way. LOL... I figure still breathing is a good thing. Still trading is just a plus.

Right back atcha bro...

Anyway...HUGE storm roiling in. Better shut down now. Have a great weekend everyone.
Ghost Rider - WWTBMD?
  • #381,893
  • Jun 13, 2014 2:16pm Jun 13, 2014 2:16pm
Quoting albchr
{quote} I hear ya about the ranges. lol I know right? And to think today seemed forever away back then. Perception of time is still funny that way. LOL... I figure still breathing is a good thing. Still trading is just a plus. Right back atcha bro... Anyway...HUGE storm roiling in. Better shut down now. Have a great weekend everyone.
You too. Enjoy your weekend.
Hear the music before the song is over ...
  • #381,894
  • Jun 13, 2014 3:46pm Jun 13, 2014 3:46pm
Gidday Traders

Left my longs in to 1.70+

Got one a short running also

Not that keen on loading up at 1.70

an have it retrace to 1.67

Hate been caught out
  • #381,895
  • Jun 13, 2014 5:47pm Jun 13, 2014 5:47pm
F$ck Carney
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdweekly1.png Size: 29 KB
Click to Enlarge Name: gbpusddaily.png Size: 29 KB
Come with me if you want to live....
  • #381,896
  • Jun 13, 2014 7:20pm Jun 13, 2014 7:20pm
Quoting JimmyC
I see that today was a little quiet after all last nights excitement. Some of the chatter I picked up didn't make any sense lets explain why. Punter says Cable can't go above 1.705 unless EUR at 1.4 or above. First we're trading Cable and the market can do anything its like saying the pound can't go above 2 unless aliens land its... nonsense FX speculation is the art of understanding the impact of currency demand based on the underlying interest rate as set by the central bank in this case the BOE vs the FED This is FX 101 So FX 101 EUR -> NEGATIVE...
Very nice post Jimmy. Noted with tahnks.
  • #381,897
  • Jun 13, 2014 7:25pm Jun 13, 2014 7:25pm
Quoting Mr. Scott
{quote} Hi Jimmy, Can do whatever she wants when interest rate policies diverge. 1.7047 then 1.7240. {image} {image} {image}
looking at 6863 or lower as a possible L entry. atm its probably bouncing from R (6995 ish). i will probably not trade 6863 and wait for 6643/6464 and target 7173 or more. after 7173 i will look for a indication of a drop to short. if am wrong about 6643, that's ok, i have no position. i have waited for 6643 since april to long. above 6995 is 7017. i may take a shot at a short there if all looks right for a few or more
those who can, do. those who cant, talk about those who can
  • #381,898
  • Jun 13, 2014 7:42pm Jun 13, 2014 7:42pm
Quoting gatorinla
{quote} looking at 6863 or lower as a possible L entry. atm its probably bouncing from R (6995 ish). i will probably not trade 6863 and wait for 6643/6464 and target 7173 or more. after 7173 i will look for a indication of a drop to short. if am wrong about 6643, that's ok, i have no position. i have waited for 6643 since april to long. above 6995 is 7017. i may take a shot at a short there if all looks right for a few or more

Hey Gator, Nice to see your still on after the clock haha. I'm new to forex factory and to trading but have been reading the forum here for some time. Nice to get others insight on the market. What are your thoughts for next week? I have a few shorts underwater at the moment and am not sure whether or not to keep the open any longer
  • #381,899
  • Jun 13, 2014 8:29pm Jun 13, 2014 8:29pm
Quoting JimmyC
I see that today was a little quiet after all last nights excitement. Some of the chatter I picked up didn't make any sense lets explain why. Punter says Cable can't go above 1.705 unless EUR at 1.4 or above. First we're trading Cable and the market can do anything its like saying the pound can't go above 2 unless aliens land its... nonsense FX speculation is the art of understanding the impact of currency demand based on the underlying interest rate as set by the central bank in this case the BOE vs the FED This is FX 101 So FX 101 EUR -> NEGATIVE...
you are really chicken . Your crappy chart does not cut it. Is the pound rate raise in effect yet? what others trade is none of your business.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #381,900
  • Jun 13, 2014 8:37pm Jun 13, 2014 8:37pm
Quoting GlobalMacro
{quote} Luckily managed to not get caught in the swings....still riding on up...wanna see her go all wild...

Hey GM...

Seems market still beating ya down, huh?

Even the rubes still post when they get their shit wrong...you still bag holding?

I thought it was nice to see you back...

I can't always be right.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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