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Cable Update (GBPUSD)

  • #384,801
  • Jul 1, 2014 11:07pm Jul 1, 2014 11:07pm
Quoting elbert3
{quote} locked in at 150 now{image}
I hope you have locked in your account balance as well. they way you are trading on every rise it worries me.
  • #384,802
  • Jul 1, 2014 11:09pm Jul 1, 2014 11:09pm
Cable shall not stop. Until some bad fundamental shall apper. Think that this week is bullish yet. Unbelievable

Just noticed index prices in green.
No emotions, just trade
  • #384,803
  • Jul 1, 2014 11:11pm Jul 1, 2014 11:11pm
Quoting Hickson
{quote} Ne, aber manche Klischees sind schon echt .... naja, musste halt hier dran denken {image}
So lange man Klischees mit Humor annehmen kann, sollte die Welt in Ordnung sein.
  • #384,804
  • Jul 1, 2014 11:12pm Jul 1, 2014 11:12pm
Quoting Fadadio
{quote} I want to short this pair so bad, but at the drop of a hat it races higher Yellen does not have any plans to raise interest rates anytime soon Carney said there is a higher chance of raising interest rates sooner than market expects the best bet would be to long this, but I am staying out of it at the moment
p out 150 plus 11 x 4 and got out off 136 at the same time you would of expected that to go further ??? there has not been a good scalp 20 pips as there normally is look at 720 are now or a double top on the 4 hour but rsi is showing oversold ??
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  • #384,805
  • Jul 1, 2014 11:15pm Jul 1, 2014 11:15pm
Quoting giveachance
{quote} I hope you have locked in your account balance as well. they way you are trading on every rise it worries me.
i have gone back to the plan the last trade came out ok it cleared another short 11 pips 5 lot and 14 loss still have a few to rescue,, we can look at it as building shorts ??
  • #384,806
  • Jul 1, 2014 11:15pm Jul 1, 2014 11:15pm
Quoting albchr
{quote} pssssttt...hey brother, how bout an upgrade....eh? {image}
  • #384,807
  • Jul 1, 2014 11:18pm Jul 1, 2014 11:18pm
Quoting giveachance
{quote} I hope you have locked in your account balance as well. they way you are trading on every rise it worries me.
Attached Image (click to enlarge)
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popped out of its little range and back in again 42 sell order on it,, the last thing you want is ti miss any good pull back
  • #384,808
  • Jul 1, 2014 11:19pm Jul 1, 2014 11:19pm
Quoting ffleo
{quote} the key word is a "bounce" instead of "reverse". A bounce is a bounce and happens often in a down trend. EG is sitting at support made by previous lows, and also sitting at 78.6% fib retracement. The high probability is a bounce before continuing down. A couple or three weeks bounce is not sufficient long for you? If you believe euro will go down, when EG bounces up, is not cable going to drop more? {image}
Indeed cable is overdue for some retrace / pullback / just stop going up like that...

Thanks, you have a better view here
  • #384,809
  • Jul 1, 2014 11:20pm Jul 1, 2014 11:20pm
Quoting dinesh2014
will it give my capital back? {image}
try to hedge half of the postions. But if cable shall reverse you will to close these ones.
No emotions, just trade
  • #384,810
  • Jul 1, 2014 11:45pm Jul 1, 2014 11:45pm
Quoting Brynny1945
{quote} That's not funny man... There was an error in my reply... the smiley I clicked was wrong () don't mean to use this. for USD, this I was gonna use then...sorry!
ok, i´m sorry, too.
fortis fortuna adiuvat
  • #384,811
  • Jul 1, 2014 11:50pm Jul 1, 2014 11:50pm
Howdy GBP/US

Everybody happy

Must time to throw some stones

an wake the GBP Beast
  • #384,812
  • Jul 1, 2014 11:53pm Jul 1, 2014 11:53pm
Quoting kweiss10
{quote} So lange man Klischees mit Humor annehmen kann, sollte die Welt in Ordnung sein.
Ja, was schwierig ist: Die Amis denken z. T., das sei die Realität
Fix up, trade sharp ...
  • #384,813
  • Jul 1, 2014 11:53pm Jul 1, 2014 11:53pm
If it will go up 200 pips anyway ... why is nobody long now?
Fix up, trade sharp ...
  • #384,814
  • Jul 2, 2014 12:02am Jul 2, 2014 12:02am
Quoting InNeedOfHelp
{quote} I don't think anything can stop it now.
The upper trend-line resistance of an ascending channel formation on daily chart + RSI above 70 could possibly cap the upside.
Would like to see a pull-back to 1.7060-50 before resumption of further up-move to 1.7220.
Attached Image (click to enlarge)
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  • #384,815
  • Jul 2, 2014 12:02am Jul 2, 2014 12:02am
I am more in the "rescue" mission mode
I have no idea how far this intense bull drive will go.With each negative US data its basically 50-100pips up.
GU correlation with NU is .87 highest and as long as GU is going up even with NZ pathetic numbers like poor business confidence,soft dairy prices NU continues to march along with GU
I like to see some positives for Bears but fail to see sadly...
In trading, you have to be defensive and aggressive at the same time
  • #384,816
  • Jul 2, 2014 12:05am Jul 2, 2014 12:05am
Can't help thinking they're gonna use NFP to pull the plug on this monkey
Where price is now, it has been before, and will be again.
  • #384,817
  • Jul 2, 2014 12:12am Jul 2, 2014 12:12am
Do you consider we are reversing?
No emotions, just trade
  • #384,818
  • Jul 2, 2014 12:19am Jul 2, 2014 12:19am
Quoting Janut
Do you consider we are reversing?
No idea but when this thing drops ,it's gonna go like a lead balloon.
Where price is now, it has been before, and will be again.
  • #384,819
  • Jul 2, 2014 12:22am Jul 2, 2014 12:22am
I'm waiting gbpusd can go down like 300 pips
  • #384,820
  • Jul 2, 2014 12:30am Jul 2, 2014 12:30am
MM is expectind us to load on longs because of news, bla bla. May be a bull trap today ?.

triangle pattern formation. Let us see which side it will break.
No emotions, just trade
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