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Cable Update (GBPUSD)

  • #383,621
  • Jun 25, 2014 5:58am Jun 25, 2014 5:58am
Quoting elbert3
{quote} lol why did you put nerd on the end lol
best fit I could find I guess.
Ghost Rider - WWTBMD?
  • #383,622
  • Jun 25, 2014 5:58am Jun 25, 2014 5:58am
Quoting elbert3
{quote} Hi GC,, i am short but 950 could've been a buy level ,it was on a 61% extention,,we are looking at things from a short basics, because we are short, but on the same hand if we were long we would also see the same picture but in a long view , if that makes sense , its like one candle tells a tail many candles tell a story ?? so we have to be open minded in both directions , this could go back up for the reasons i just posted ..
elbert today's GDP would be nothing less than dismal. if this positioning for that then it could have taken out 1.7000. if we see a -1% GDP print also cable will retest lows of the day and break it.
  • #383,623
  • Jun 25, 2014 6:04am Jun 25, 2014 6:04am
Quoting giveachance
{quote} elbert today's GDP would be nothing less than dismal. if this positioning for that then it could have taken out 1.7000. if we see a -1% GDP print also cable will retest lows of the day and break it.
Attached Image (click to enlarge)
Click to Enlarge Name: 4H.png Size: 105 KB
4 hour not yet in full short trend for me,, until we have yellow 50 ema on top,, so we are still in the middle,, so risk is still on short selling, hence pp at 60 ??/ was it right? was it wrong? if we all knew the answer great loads of money..lol so for now we give our opinions , and hope that we all help each of us out on this thread,, which i think is a great place with some great traders in,, you too .. lol regards Billy
  • #383,624
  • Jun 25, 2014 6:09am Jun 25, 2014 6:09am
Quoting elbert3
{quote} {image} 4 hour not yet in full short trend for me,, until we have yellow 50 ema on top,, so we are still in the middle,, so risk is still on short selling, hence pp at 60 ??/ was it right? was it wrong? if we all knew the answer great loads of money..lol so for now we give our opinions , and hope that we all help each of us out on this thread,, which i think is a great place with some great traders in,, you too .. lol regards Billy
That's the problem with 4H. Another hour for mine close. ... How long does an hour last?? lol
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmh4.png Size: 62 KB
Ghost Rider - WWTBMD?
  • #383,625
  • Jun 25, 2014 6:11am Jun 25, 2014 6:11am
Quoting albchr
{quote} That's the problem with 4H. Another hour for mine close. ... How long does an hour last?? lol
i think 239 minutes ???? not sure though could be wrong ????
  • #383,626
  • Jun 25, 2014 6:14am Jun 25, 2014 6:14am
Quoting elbert3
{quote} i think 239 minutes ???? not sure though could be wrong ????
I thought it was 88.8 minutes ... .... ... lol
Ghost Rider - WWTBMD?
  • #383,627
  • Jun 25, 2014 6:16am Jun 25, 2014 6:16am
Quoting albchr
{quote} That's the problem with 4H. Another hour for mine close. ... How long does an hour last?? lol {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 102 KB
on the 30 you can see its having a go to move higher another rejection then load past 63 short for me,, sl is 83 going back to the percentage trades
  • #383,628
  • Jun 25, 2014 6:17am Jun 25, 2014 6:17am
Quoting albchr
{quote} I thought it was 88.8 minutes ... .... ... lol
  • #383,629
  • Jun 25, 2014 6:20am Jun 25, 2014 6:20am
Quoting elbert3
{quote} {image} on the 30 you can see its having a go to move higher another rejection then load past 63 short for me,, sl is 83 going back to the percentage trades
Yep. Top of those wicks is my short. It's acting as great resistance right now.....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmm30.png Size: 60 KB
Ghost Rider - WWTBMD?
  • #383,630
  • Jun 25, 2014 6:22am Jun 25, 2014 6:22am
Quoting nAVIN2007
{quote} this is what every1 thinks who does not trade..my guess is u havent been trading very long? Its a lot deeper than this..to trade and make money from it, the kind that gives u the sort of money where u do not depend on a job requires u to totally believe u can be successful ..this mean seeing things in a positive way when many would be negative positive thoughts keep at bay fear..fear comes from trying to protect yourself which is not bad and needed but u need to find a balance where it does not turn into a negative but is positive (provide...
It is true that you will not get far without a positive attitude. However, saying f*ck it and ending up with 10 % of equity change on one trade is mostly pure gambling. Beating randomness by consistency? Mathematically illogical. Everyone has to make a choice for oneself though.
Fix up, trade sharp ...
  • #383,631
  • Jun 25, 2014 6:24am Jun 25, 2014 6:24am
Quoting Hickson
{quote} It is true that you will not get far without a positive attitude. However, saying f*ck it and ending up with 10 % of equity change on one trade is mostly pure gambling. Beating randomness by consistency? Mathematically illogical. Everyone has to make a choice for oneself though.
if you trade with the fear of losing 10% you will always lose. when george soros won 2 billion bet on gbp he had betted more than 7-8 billion on gbp. had he feared he would have been blogging here like us.
  • #383,632
  • Jun 25, 2014 6:28am Jun 25, 2014 6:28am
Quoting giveachance
{quote} if you trade with the fear of losing 10% you will always lose. when george soros won 2 billion bet on gbp he had betted more than 7-8 billion on gbp. had he feared he would have been blogging here like us.
if i had that much i think 50% would not harm ah,,lol still have to buy dresses for the wife lol
  • #383,633
  • Jun 25, 2014 6:29am Jun 25, 2014 6:29am
i think the cable wait USA GDP to drive north or south ????

1.6960
  • #383,634
  • Jun 25, 2014 6:30am Jun 25, 2014 6:30am
Quoting Barbaroosa
i think the cable wait USA GDP to drive north or south ???? 1.6960
is that the same as 50/50 ??? mmmm lol
  • #383,635
  • Jun 25, 2014 6:31am Jun 25, 2014 6:31am
Quoting Barbaroosa
i think the cable wait USA GDP to drive north or south ???? 1.6960
80% south for me at this time
  • #383,636
  • Jun 25, 2014 6:34am Jun 25, 2014 6:34am
but note if the GDP is less than expected, how the cable will drive south????

under 1.6960 indicator for more falll
  • #383,637
  • Jun 25, 2014 6:39am Jun 25, 2014 6:39am
Quoting Barbaroosa
but note if the GDP is less than expected, how the cable will drive south???? under 1.6960 indicator for more falll
I'm not sure I understand you here sir.

The way I see it, if the GDP comes in as expected or worse, cable will be a rocket for 7100+ again. If it comes in better than expected it will be good for cable shorts.
Ghost Rider - WWTBMD?
  • #383,638
  • Jun 25, 2014 6:40am Jun 25, 2014 6:40am
Gidday GBP/US

Man got 2 shorts an 2 longs running

Have to get some shut eye

My eyes are starting to look like piss holes in the snow
  • #383,639
  • Jun 25, 2014 6:44am Jun 25, 2014 6:44am
Where the indexes stand 45 minutes prior to news. Place your "bets??" everyone....
Attached Image (click to enlarge)
Click to Enlarge Name: Index.PNG Size: 61 KB
Ghost Rider - WWTBMD?
  • #383,640
  • Jun 25, 2014 6:49am Jun 25, 2014 6:49am
Quoting albchr
Where the indexes stand 45 minutes prior to news. Place your "bets??" everyone.... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.png Size: 106 KB
we are stuck inside the blue res to the bottom and top,, question how can the price be held for 3 hours in the more or less same place ,,yes place your bets , i think what B means to say that fall either side of 60 then thats the call , we are held in the top of the bull candle ,so the strength could be bullish ???
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