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Cable Update (GBPUSD)

  • #385,161
  • Jul 2, 2014 3:52pm Jul 2, 2014 3:52pm
Seems like nobody cares about september vote for scotland independence, they buy pounds like there is no tomorrow,
maybe the only explanation is that all this climb is just a manipulation allowed from BOE
cause they know IF finally scottish go away this thing will landing below 1, 40
  • #385,162
  • Jul 2, 2014 4:04pm Jul 2, 2014 4:04pm
Tomorrow NFP, unemployment and cable services. As the market reacted today on brilliant Adr they know tomorrow news. In any case it is a manipulation. But we cannot do anything with that.
No emotions, just trade
  • #385,163
  • Jul 2, 2014 4:05pm Jul 2, 2014 4:05pm
Quoting artocarpus
Seems like nobody cares about september vote for scotland independence, they buy pounds like there is no tomorrow, maybe the only explanation is that all this climb is just a manipulation allowed from BOE cause they know IF finally scottish go away this thing will landing below 1, 40
true, nice post
  • #385,164
  • Jul 2, 2014 4:41pm Jul 2, 2014 4:41pm
Where is thi idiot heading to or is it going to 3.866?
The fragrance remains in the hands of those that gves the rose
  • #385,165
  • Jul 2, 2014 4:53pm Jul 2, 2014 4:53pm
I am going to wait till it is 2.95, then i will add another short, until then no more trading
The fragrance remains in the hands of those that gves the rose
  • #385,166
  • Jul 2, 2014 8:22pm Jul 2, 2014 8:22pm
this pair is going down
use leverage with caution...
  • #385,167
  • Jul 2, 2014 9:18pm Jul 2, 2014 9:18pm
Time to Sell Pound
Follow the trend
  • #385,168
  • Jul 2, 2014 9:46pm Jul 2, 2014 9:46pm
Anyone know where HDA is?I want to see his comment!
  • #385,169
  • Jul 2, 2014 10:21pm Jul 2, 2014 10:21pm
Everyone said it's going down ...
That's why it keep going up!!!
  • #385,170
  • Jul 2, 2014 10:50pm Jul 2, 2014 10:50pm
Quoting aarontdang
Everyone said it's going down ... That's why it keep going up!!!
If some one says it is going down, they want it to go down.
Intraday only.
  • #385,171
  • Jul 2, 2014 11:18pm Jul 2, 2014 11:18pm
Quoting aarontdang
Everyone said it's going down ... That's why it keep going up!!!

the problem with pound is shorts were heavily accumulated from 1.58-1.66 area in anticipation of a fall. these shorts were heavily squeezed after the carney speech on monday June 11. there are probably some more shorts bought around 1.68-1.69 area that need to be squeezed. after that it falls. longs are still not heavy and shorts keep on piling against good data. if shorts are pilled when data is bad pressure comes on the longs boougt higher to close.
  • #385,172
  • Jul 2, 2014 11:20pm Jul 2, 2014 11:20pm
Quoting kaka_ht
Anyone know where HDA is?I want to see his comment!
don't worry about him boss. he occasionally gets wrong. he must have bagged a good 1000-1500 pips on his last gbp/usd position and he trades big lots. so he is already doing good irrespective of the small loses he may have
  • #385,173
  • Jul 2, 2014 11:44pm Jul 2, 2014 11:44pm
Quoting giveachance
{quote} don't worry about him boss. he occasionally gets wrong. he must have bagged a good 1000-1500 pips on his last gbp/usd position and he trades big lots. so he is already doing good irrespective of the small loses he may have
Morning all cant sleep ...wounder why ??? lol i have more shorts then Marks and Spencer

Trade confirmation
On 02-Jul-2014 at 19:38:04 (GMT)
You sold 1GBPUSD @ 1.71632 for value date 07-Jul-2014
Front office position id: 139877161
Account: 5589929
  • #385,174
  • Jul 3, 2014 12:03am Jul 3, 2014 12:03am
Quoting navk
{quote} If some one says it is going down, they want it to go down.

I am sure if I said now its going up,she will fall...
Story of my life!
  • #385,175
  • Jul 3, 2014 12:42am Jul 3, 2014 12:42am
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 113 KB
cross over 50 ema is on top so we should be ok to the 200 below,break that then head down to the bottom tl
  • #385,176
  • Jul 3, 2014 12:45am Jul 3, 2014 12:45am
Quoting elbert3
{image} cross over 50 ema is on top so we should be ok to the 200 below,break that then head down to the bottom tl
The price has dropped below Asia open.

Today is a selling ( Correction ) day for GBP.
Intraday only.
  • #385,177
  • Jul 3, 2014 1:05am Jul 3, 2014 1:05am
Quoting navk
{quote} The price has dropped below Asia open. Today is a selling ( Correction ) day for GBP.
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 100 KB
here we go fingers crossed looks good ema side if it breaks that 2oo
  • #385,178
  • Jul 3, 2014 1:17am Jul 3, 2014 1:17am
Quoting Davit
{quote} Not happy how I traded last 3weeks. Its mostly negative data on USD specially shocking GDP lot lower then expected took the wind out of USD bulls. In retrospect after severe long winter,tornadoes (wiped out lot of towns),floods and droughts in California overall numbers is not shocking.We had the worst weather last 6months. Not justifying my DD but should of been lot more diligent. Regards

what u did is something many would have done.its moved up from 1.48 to 1.71+ and u added at 1.7 which should in normal situation be a good trade..anyway it happens just take it as an alert.
I am not sure sure if i will get out of this..but if i do ..i will change the way i have been trading for sure..
  • #385,179
  • Jul 3, 2014 1:21am Jul 3, 2014 1:21am
Quoting navk
{quote} The price has dropped below Asia open. Today is a selling ( Correction ) day for GBP.

relax london desk is still not open. even if this asshole falls 100 pips now I wouldn't trust it because in 1 hr it rallies 80 pips. I read a report on one of the sites that 14 out of 15 forex fund managers are in loss and the one that is in profit has made a whooping 0.5% returns
  • #385,180
  • Jul 3, 2014 1:31am Jul 3, 2014 1:31am
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