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Cable Update (GBPUSD)

  • #386,381
  • Jul 10, 2014 9:22am Jul 10, 2014 9:22am
Quoting giveachance
{quote} first of all it is none of your business to what he does. why don't you focus on your trading skills????
Been reading a lot of your posts lately GAC. I've gained a whole new respect for you in the past several weeks sir.
Ghost Rider - WWTBMD?
  • #386,382
  • Jul 10, 2014 9:24am Jul 10, 2014 9:24am
Good day,

I mentioned earlier that 1.7100 region may be good for long..

I'm not looking for any recognition, as I am pleased with how the indicators are progressing/performing and it would not make a difference to me. I just thought I would share the process I went through in placing a string of buys on the 15 min chart - in London time. For all purposes - trap.

The 30 min is currently supporting long, the 1hr not yet ( has 4 or 5 hrs to go) - the 4hr does. Daily not.

So waiting for the 4hr and daily to both show bear before we get serious.

See pics

Regards
Attached Image(s) (click to enlarge)
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  • #386,383
  • Jul 10, 2014 9:25am Jul 10, 2014 9:25am
Quoting elbert3
{quote} that feels like a strong sell off , i have 2 positions already ,, make you want to throw more at it{image}
I reckon we'll be here for a bit Billy. Might even push a tad further up.
Attached Image(s) (click to enlarge)
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Ghost Rider - WWTBMD?
  • #386,384
  • Jul 10, 2014 9:32am Jul 10, 2014 9:32am
haha we will never agree , oa has described the exact situ , it amazes me he has any respect from anyone
I guess he's on a beach somewhere sipping champagne ,to busy to show actual trades ,stops etc etc ,
anyway HDA I will wait for that


Quoting albchr
{quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #386,385
  • Jul 10, 2014 9:35am Jul 10, 2014 9:35am
Quoting albchr
{quote} I reckon we'll be here for a bit Billy. Might even push a tad further up. {image} {image}
yes i might pull the trade 731 is a target to late to scalp and emas not clear as yet it 10 lot so dont want to let it run up
  • #386,386
  • Jul 10, 2014 9:35am Jul 10, 2014 9:35am
Quoting Makavell
{quote} Hey TT how are u doing sir. Seems like ill be doing this dance {image} at the end of your DEMOLYMPICS!
Good day, Sir

May be.. May be..

But I'm kicking tires and when I'm ready - I'm gonna give it all to chase you down. BUT - I'll be the first to congratulate you when the time comes.

Keep walkin'

All success to you
  • #386,387
  • Jul 10, 2014 9:38am Jul 10, 2014 9:38am
Quoting albchr
{quote} I reckon we'll be here for a bit Billy. Might even push a tad further up. {image} {image}
done the sums i will hold and might add 132 area
  • #386,388
  • Jul 10, 2014 9:38am Jul 10, 2014 9:38am
its not my birthday Global just being funny ,
maybe tomorrow it will be


Quoting TauTrader
Happy Birthday, Sir Bones Enjoy.. http://www.youtube.com/watch?v=CEUg7OplvIQ Regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #386,389
  • Jul 10, 2014 9:40am Jul 10, 2014 9:40am
Quoting Bones
haha we will never agree , oa has described the exact situ , it amazes me he has any respect from anyone I guess he's on a beach somewhere sipping champagne ,to busy to show actual trades ,stops etc etc , anyway HDA I will wait for that {quote}
You're just personally biased and I understand why Tony. No matter, you're probably right bro. We will never agree. That's cool, we don't have to.
Ghost Rider - WWTBMD?
  • #386,390
  • Jul 10, 2014 9:41am Jul 10, 2014 9:41am
Quoting Bones
its not my birthday Global just being funny , maybe tomorrow it will be {quote}
Ahem, OK - thank you sir

Then time to post a girly pic for GM..

Let me go into my archives. I'll be back.

Regards
  • #386,391
  • Jul 10, 2014 9:42am Jul 10, 2014 9:42am
Quoting elbert3
{quote} done the sums i will hold and might add 132 area
Now you see? There we go again brother. I have 134... LOL ... That's why I banked one, held one and looking to add same as you. ... I could do this Shhhh...stuff all day!
Ghost Rider - WWTBMD?
  • #386,392
  • Jul 10, 2014 9:45am Jul 10, 2014 9:45am
Quoting TauTrader
{quote} Ahem, OK - thank you sir Then time to post a girly pic for GM.. Let me go into my archives. I'll be back. Regards
Oh I can't wait sir Tau. I'm all......
Attached Image
Ghost Rider - WWTBMD?
  • #386,393
  • Jul 10, 2014 9:48am Jul 10, 2014 9:48am
this damm thing is not falling today. range bound. maybe we have to wait for the employment data next week or I don't know when it is but the BOE deputy governor said that she would be looking at the wages of skilled workers to take a final call on rate hike or not. maybe traders interested in seeing that data.
  • #386,394
  • Jul 10, 2014 10:03am Jul 10, 2014 10:03am
GBPUSD Spot Weekly chart


Final candle in formation...


Haven't taken out last weeks high or low (so Inside Week?) unconvincing retrace inside a very strong uptrend, I'm still looking for lower.
If we don't go below the breakout level... Then that's what happened... price tested the breakout and will continue north after some sideways down... Thing is we are still a spot overdue for descent retrace but sideways down will do for now. (negative swap= short hold)
some banks are calling 1.72

Key support @ 1.7069 -> Watch this level for short term direction (still holding for now)

Attached Image


I remain with the bears short term...
  • #386,395
  • Jul 10, 2014 10:03am Jul 10, 2014 10:03am
Quoting giveachance
this damm thing is not falling today. range bound. maybe we have to wait for the employment data next week or I don't know when it is but the BOE deputy governor said that she would be looking at the wages of skilled workers to take a final call on rate hike or not. maybe traders interested in seeing that data.
patience patience ...lol


Trade confirmation
On 10-Jul-2014 at 15:00:21 (GMT)
You sold 10 GBPUSD @ 1.71403 for value date 14-Jul-2014
Front office position id: 140016705
Account: 5589929

step out the room 10 pips more i could of got,,
  • #386,396
  • Jul 10, 2014 10:04am Jul 10, 2014 10:04am
Here is you punishment for making me a party animal, GM

I'm celebrating BONES' birthday - and it is all your fault. No Lower Lows here..
Attached Image (click to enlarge)
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  • #386,397
  • Jul 10, 2014 10:05am Jul 10, 2014 10:05am
Quoting elbert3
{quote} patience patience ...lol Trade confirmation On 10-Jul-2014 at 15:00:21 (GMT) You sold 10 GBPUSD @ 1.71403 for value date 14-Jul-2014 Front office position id: 140016705 Account: 5589929 step out the room 10 pips more i could of got,,
Oh shit..

I'm long again..
  • #386,398
  • Jul 10, 2014 10:09am Jul 10, 2014 10:09am
Quoting elbert3
{quote} patience patience ...lol Trade confirmation On 10-Jul-2014 at 15:00:21 (GMT) You sold 10 GBPUSD @ 1.71403 for value date 14-Jul-2014 Front office position id: 140016705 Account: 5589929 step out the room 10 pips more i could of got,,
Ok - I see

You posted a short from higher up..

Regards
  • #386,399
  • Jul 10, 2014 10:16am Jul 10, 2014 10:16am
better short might be from 1.7130
  • #386,400
  • Jul 10, 2014 10:18am Jul 10, 2014 10:18am
And a short for EURDUSD to 1.3569 / 65 area
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