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Cable Update (GBPUSD)

  • #384,521
  • Jul 1, 2014 3:36am Jul 1, 2014 3:36am
SHORT 17130
tp open
sl 17160
  • #384,522
  • Jul 1, 2014 3:37am Jul 1, 2014 3:37am
Quoting petetong
7143 is daily r1 pivot best wishes.
i have a stop at 50 not good ,,but it does not feel right and i cant put my finger on it ,???
  • #384,523
  • Jul 1, 2014 3:37am Jul 1, 2014 3:37am
what shall happen if US PMI comes worse? 17180?
No emotions, just trade
  • #384,524
  • Jul 1, 2014 3:38am Jul 1, 2014 3:38am
Quoting Janut
{quote} i do not know if it is good for sure. The probability to be good is higher then to be worse. this is what i mean. and considering we have passed multi year highs why we cannot say i could move 100 pips higher. is it the top already?
you were rite by the way. if you are rite you should be confident about it. well done
  • #384,525
  • Jul 1, 2014 3:38am Jul 1, 2014 3:38am
Quoting julia2011
short 17130 tp open sl 17160
thats a big short i was thinking of 1 more but,,, ........
  • #384,526
  • Jul 1, 2014 3:40am Jul 1, 2014 3:40am
Quoting elbert3
{quote} thats a big short i was thinking of 1 more but,,, ........
HDA...where are you? :o/ :o)
  • #384,527
  • Jul 1, 2014 3:41am Jul 1, 2014 3:41am
Price already factored in yesterday
  • #384,528
  • Jul 1, 2014 3:42am Jul 1, 2014 3:42am
Closed +25.
  • #384,529
  • Jul 1, 2014 3:44am Jul 1, 2014 3:44am
Quoting giveachance
{quote} you were rite by the way. if you are rite you should be confident about it. well done
I made mistakes looking at HDA (with all respect to him and other good traders) saying 17050 is top. this is only my problem. Considering a pair is in top. is wrong to consider. Figures show. cable is not technical any more i think. it is a rocket . Just my 2 words.

The problem is if cable will have enough demand to be bought even at this levels. i do not know. at 170 i said i am afraid to buy it. now i also am afraid to buy it. and so on.


what next? lets think how NY shall react to better PMI.
No emotions, just trade
  • #384,530
  • Jul 1, 2014 3:44am Jul 1, 2014 3:44am
Quoting Nan-ook
{quote} HDA...where are you? :o/ :o)
He's still holding his short at 1,7045 to 1,6900 or 1,6700 I think!
  • #384,531
  • Jul 1, 2014 3:45am Jul 1, 2014 3:45am
Quoting nan-ook
{quote} hda...where are you? :o/ :o)
7045 was his short entry and be patient was the words, i wonder if he had 8 pip sl ????
  • #384,532
  • Jul 1, 2014 3:45am Jul 1, 2014 3:45am
Any reason why to short this pair?
Everybody shorted.. Thats why? Don't follow crowd...
  • #384,533
  • Jul 1, 2014 3:46am Jul 1, 2014 3:46am
Quoting Janut
{quote} I made mistakes looking at HDA (with all respect to him and other good traders) saying 17050 is top. this is only my problem. Considering a pair is in top. is wrong to consider. Figures show. cable is not technical any more i think. it is a rocket . Just my 2 words.
No one 100% right!HDA is very good trader,but he isn't always right,so trade by your own plan!
  • #384,534
  • Jul 1, 2014 3:46am Jul 1, 2014 3:46am
Quoting janut
{quote} i made mistakes looking at hda (with all respect to him and other good traders) saying 17050 is top. This is only my problem. Considering a pair is in top. Is wrong to consider. Figures show. Cable is not technical any more i think. It is a rocket . Just my 2 words.
with hindsight we would all be loaded ??
  • #384,535
  • Jul 1, 2014 3:48am Jul 1, 2014 3:48am
.... pssssst..... Bull Trend .....
Attached Image (click to enlarge)
Click to Enlarge Name: !t-gbpusdmm233.png Size: 57 KB
Ghost Rider - WWTBMD?
  • #384,536
  • Jul 1, 2014 3:48am Jul 1, 2014 3:48am
Quoting Janut
{quote} I made mistakes looking at HDA (with all respect to him and other good traders) saying 17050 is top. this is only my problem. Considering a pair is in top. is wrong to consider. Figures show. cable is not technical any more i think. it is a rocket . Just my 2 words. The problem is if cable will have enough demand to be bought even at this levels. i do not know. at 170 i said i am afraid to buy it. know i also am afraid to buy it. and so on. what next? lets think how NY shall react to better PMI.
whatever it is. it has finished many accounts. even if it reverses now I wonder how many people will have the balls to short it near 1.70
  • #384,537
  • Jul 1, 2014 3:49am Jul 1, 2014 3:49am
Quoting Azeriboy
Any reason why to short this pair? Everybody shorted.. Thats why? Don't follow crowd...
so long it then. thats the prob. only big boys who can afford to lose billions can long it here.
  • #384,538
  • Jul 1, 2014 3:50am Jul 1, 2014 3:50am
Quoting lakhan
Closed +25.
What are we supposed to take from that? No entry, no TP, no rationale. In other words, what is the point??
  • #384,539
  • Jul 1, 2014 3:51am Jul 1, 2014 3:51am
Quoting cat
{quote} What are we supposed to take from that? No entry, no TP, no rationale. In other words, what is the point??
point is he is smarter than all of us.
  • #384,540
  • Jul 1, 2014 3:51am Jul 1, 2014 3:51am
Quoting Janut
{quote} I made mistakes looking at HDA (with all respect to him and other good traders) saying 17050 is top. this is only my problem. Considering a pair is in top. is wrong to consider. Figures show. cable is not technical any more i think. it is a rocket . Just my 2 words. The problem is if cable will have enough demand to be bought even at this levels. i do not know. at 170 i said i am afraid to buy it. now i also am afraid to buy it. and so on. what next? lets think how NY shall react to better PMI.
They say, be with the trend.

But this pair has never retraced to give a long entry.

It will drop... for sure, but at what level ?

I guess from here to 7060, then below.
Intraday only.
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