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Cable Update (GBPUSD)

  • #382,281
  • Jun 17, 2014 8:26am Jun 17, 2014 8:26am
Quoting Nan-ook
Think....time to buy?
63 i might short again lets see
  • #382,282
  • Jun 17, 2014 8:27am Jun 17, 2014 8:27am
Quoting elbert3
{quote} i had extention to 51 so tp was there not taking any chances i will enter again but i still have 4 more as you know,, just want to chip away
I hear you brother.

I'm looking for a more sustained run but we're not even close to that yet. If it looks like it will head back up hard again, I'll bank what I have and reload if PA is still short. If it can get out of this range box, test it and fall? We'll have a nice sort run I think.
Ghost Rider - WWTBMD?
  • #382,283
  • Jun 17, 2014 8:29am Jun 17, 2014 8:29am
Quoting Nan-ook
Think....time to buy?
Careful of those falling knives. Just saying.... If it's to be long, wait for PA to say so.
Ghost Rider - WWTBMD?
  • #382,284
  • Jun 17, 2014 8:37am Jun 17, 2014 8:37am
Here is my chart. The retail buy line is a good sized chunk of buys on Oanda's position report. I'm more interested in the blue box for a possible buy, which is right around the 61.8 fib from 05/29 to yesterday. The line at 1.67336 is another place I'm interested in, as it is more in line with the average retracement pip count. Time will tell.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 47 KB
  • #382,285
  • Jun 17, 2014 8:38am Jun 17, 2014 8:38am
Quoting elbert3
{image} 56 is resistance
Ohhh ... BILLY!! ....
Ghost Rider - WWTBMD?
  • #382,286
  • Jun 17, 2014 8:40am Jun 17, 2014 8:40am
TP on GU shorts, it's just too ridiculous for me right now
  • #382,287
  • Jun 17, 2014 8:41am Jun 17, 2014 8:41am
At some biggest brokers, 85% of retailers shorted GBP/USD.. haven't seen such a big short orders in GBP/USD..
and never seen falling knives when everybody is short in any currency pair.
  • #382,288
  • Jun 17, 2014 8:43am Jun 17, 2014 8:43am
Quoting albchr
{quote} Ohhh ... BILLY!! ....
you know the level of the account anything thats adding up to tp i am going to take it,, all my trades will be 5- 8 pip sl from now on,, its worked, you have seen it, 32 eur this morning 2 lots 30,and 29. a 6 and only 8 pips loss come on give a guy a break,,,lol
  • #382,289
  • Jun 17, 2014 8:43am Jun 17, 2014 8:43am
Quoting Nate04
Here is my chart. The retail buy line is a good sized chunk of buys on Oanda's position report. I'm more interested in the blue box for a possible buy, which is right around the 61.8 fib from 05/29 to yesterday. The line at 1.67336 is another place I'm interested in, as it is more in line with the average retracement pip count. Time will tell. {image}
Nice view Nate
Ghost Rider - WWTBMD?
  • #382,290
  • Jun 17, 2014 8:44am Jun 17, 2014 8:44am
Quoting albchr
{quote} Ohhh ... BILLY!! ....
Attached Image (click to enlarge)
Click to Enlarge Name: scalper.jpg Size: 219 KB
i dont want to be the guy at the bottom lol ,,you know i am no your side,,
  • #382,291
  • Jun 17, 2014 8:47am Jun 17, 2014 8:47am
Quoting elbert3
{quote} you know the level of the account anything thats adding up to tp i am going to take it,, all my trades will be 5- 8 pip sl from now on,, its worked, you have seen it, 32 eur this morning 2 lots 30,and 29. a 6 and only 8 pips loss come on give a guy a break,,,lol
Yes I have bro. If she breaks up through here and past this ma, I'm banking cause it's more than likely going back up in the range again. I took 30 off it this morning. I have no problem taking 58 more today.
Attached Image (click to enlarge)
Click to Enlarge Name: !t-gbpusdmm233_2.png Size: 84 KB
Ghost Rider - WWTBMD?
  • #382,292
  • Jun 17, 2014 8:49am Jun 17, 2014 8:49am
Quoting elbert3
{quote} {image} i dont want to be the guy at the bottom lol ,,you know i am no your side,,
LOL... you know what's funny about that picture? The guy getting scalped is showing with his right hand what he's more afraid of loosing.
Ghost Rider - WWTBMD?
  • #382,293
  • Jun 17, 2014 8:50am Jun 17, 2014 8:50am
Quoting albchr
{quote} Yes I have bro. If she breaks up through here and past this ma, I'm banking cause it's more than likely going back up in the range again. I took 30 off it this morning. I have no problem taking 58 more today. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 110 KB
thinking the 61 sits nice ,,rr again could,,,could be ok let try 63 then sl 5 pips
  • #382,294
  • Jun 17, 2014 8:50am Jun 17, 2014 8:50am
I'm trading using my personal account and on bank's account lol. I'll keep on shorting on 60-70 levels with 500k lots and 2k lots for my personal LOL. SL on 80.
  • #382,295
  • Jun 17, 2014 8:52am Jun 17, 2014 8:52am
Quoting Ck87
TP on GU shorts, it's just too ridiculous for me right now
It starts to move up again. Sh....

I have shorts too.
Intraday only.
  • #382,296
  • Jun 17, 2014 8:57am Jun 17, 2014 8:57am
Quoting albchr
{quote} Nice view Nate
Thank you sir. Hope your day is going good.
  • #382,297
  • Jun 17, 2014 9:00am Jun 17, 2014 9:00am
1 minute to close? Nope...not getting through here just yet.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmh1.png Size: 71 KB
Ghost Rider - WWTBMD?
  • #382,298
  • Jun 17, 2014 9:02am Jun 17, 2014 9:02am
Quoting Nate04
{quote} Thank you sir. Hope your day is going good.
It is sir, thank you Lot's of fun, lots of waiting...lol
Ghost Rider - WWTBMD?
  • #382,299
  • Jun 17, 2014 9:07am Jun 17, 2014 9:07am
Dragon

@R now

Attached Image
  • #382,300
  • Jun 17, 2014 9:07am Jun 17, 2014 9:07am
Quoting albchr
{quote} It is sir, thank you Lot's of fun, lots of waiting...lol
I hear ya, waiting seems to be the order of the week so far.
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