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Cable Update (GBPUSD)

  • #386,721
  • Jul 11, 2014 11:06am Jul 11, 2014 11:06am
trust me its aa1 ,look at the previous sell offs ,

Quoting Panco
I disagree Bones, take a look: {image} Strong support with 55WMA. Strong potential for a bullish correction within the next 2 weeks.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #386,722
  • Jul 11, 2014 11:08am Jul 11, 2014 11:08am
I will keep an eye on this.
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
  • #386,723
  • Jul 11, 2014 11:10am Jul 11, 2014 11:10am
Quoting Bones
I would say it will close right there ,next week at least another 100 lower {quote}
Well I agree with you, at least my positions are advantageous if they go your direction
  • #386,724
  • Jul 11, 2014 11:11am Jul 11, 2014 11:11am
course you can't get this in a book ,actually I worry for text book quoters

morning star btw

Quoting GlobalMacro
who cares what it's called in the books you memorized....it's probably not even called hammer in its original language....translated prolly means: "the snake that has no balls.." {quote}
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #386,725
  • Jul 11, 2014 11:22am Jul 11, 2014 11:22am
The cable is finally dropping ( I hope) after hanging up there for about 8 days! Don't know where it will stop, but I am surely going to ride it down hard!

Wish you all happy weekend. Be with you on Monday

TL
  • #386,726
  • Jul 11, 2014 11:35am Jul 11, 2014 11:35am
Quoting GlobalMacro
{quote} Looks like no move...
hi GM,

hope your doing fine?

thatīs why my focus is on dax/dow. my biggest mistake this year was not to buy vix
the day i read bill gross was selling vola i wondered: new neutral? crazy!
but each day offers chances...

nice we to you
fortis fortuna adiuvat
  • #386,727
  • Jul 11, 2014 11:37am Jul 11, 2014 11:37am
Quoting Trendylines
The cable is finally dropping ( I hope) after hanging up there for about 8 days! Don't know where it will stop, but I am surely going to ride it down hard! Wish you all happy weekend. Be with you on Monday TL
I am hoping it can drop too but it is still quite resilient.
  • #386,728
  • Jul 11, 2014 11:49am Jul 11, 2014 11:49am
don't trade cad but if I did that's a nice uptrend right there

text book has no place in real world trading in fact the most useless text books in any field has been written on trading techniques

Quoting Bones
course you can't get this in a book ,actually I worry for text book quoters morning star btw {quote} {image} {image}
Hear the music before the song is over ...
  • #386,729
  • Jul 11, 2014 12:01pm Jul 11, 2014 12:01pm
Quoting deltaone
{quote} hi GM, hope your doing fine? thatīs why my focus is on dax/dow. my biggest mistake this year was not to buy vix the day i read bill gross was selling vola i wondered: new neutral? crazy! but each day offers chances... nice we to you
Doing fine Delta, how about yourself?

dax is a joy to trade nowadays....huge fast breaks...great moves...


you too, have a nice weekend.
Hear the music before the song is over ...
  • #386,730
  • Jul 11, 2014 12:06pm Jul 11, 2014 12:06pm
haha GU is going back up.
  • #386,731
  • Jul 11, 2014 12:07pm Jul 11, 2014 12:07pm
Quoting Bones
course you can't get this in a book ,actually I worry for text book quoters morning star btw {quote} {image} {image}
Nice charts Bones.

I like you because I like to fight. We'll just keep it professional.

Quoting Mr. Scott
{quote} {quote} If I remember, he was long GCAD from about 1.67 or so with most of the swaps offset by a long GBPUSD trade. Now, apparently expecting a pullback he is short the pound. I was too and hope to be again soon. I am pretty sure I posted that chart here. Anyway, here are a few charts. There is more, but I guess I am trying to convey a lot of information in a couple of charts on some larger tf's. {image} {image} {image}
Some are bounce, some are reversal, some are continuation. Some need confirmation. If you don't ask, I don't tell. Otherwise, like the charts to do the talkin'.

The world you desire can be won. It exists.. it is real.. it is possible..
  • #386,732
  • Jul 11, 2014 12:07pm Jul 11, 2014 12:07pm
Quoting GlobalMacro
{quote} Doing fine Delta, how about yourself? dax is a joy to trade nowadays....huge fast breaks...great you too, have a nice weekend.
me too. getting myself ready for the final
right, any rumor causes movements there. intraday-pivot-strategy and selling day-low -1 tick sl 10 tp 30 or more is really fine...

cheers!
fortis fortuna adiuvat
  • #386,733
  • Jul 11, 2014 12:55pm Jul 11, 2014 12:55pm
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  • #386,734
  • Jul 11, 2014 12:57pm Jul 11, 2014 12:57pm
theres no bringing this thing down
  • #386,735
  • Jul 11, 2014 1:33pm Jul 11, 2014 1:33pm
Quoting GlobalMacro
don't trade cad but if I did that's a nice uptrend right there text book has no place in real world trading in fact the most useless text books in any field has been written on trading techniques {quote}
GBPCAD Long 10 1.82810 1.83690880 CAD 820.48 you right gm
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  • #386,736
  • Jul 11, 2014 1:48pm Jul 11, 2014 1:48pm
Quoting Bones
chris ,why is it you think I don't understand so much ,and you got it ,jeeps {quote}
I guess maybe it's your words Tony (which really is all I have to go by), and what seems to be a consistent and rather condescending attitude towards anyone who doesn't see, or do trading exactly the way you do.

Folks like HDA (or myself for that matter) post views that stretch beyond a single day or two and you're very quick to mock and dismiss us. "just a demo trader, untradeable chit chat" and such. You openly laugh at "trend traders" and have said so many times.

Then, all you want is to "see the charts or trades" whether we're in them or not. Or the time to BE in them "at that moment" is right or not.

It's funny actually. For some folks I need to see charts because their words are rather empty and/or vague. With others, their words are so detailed and precise, I don't need to see any charts at all to know what they're saying and also that they know the markets well. In some cases, very well.

Maybe it's because I've been self employed my whole life and dealt with all kinds from the standpoint of my very survival. Maybe it's my nature and the fact that I've always been a natural student of human nature. Maybe it's both (I tend to think so ) but, I'm a fairly good reader of folks. What lies "between the lines" for many, is often in pretty clear view for me.

Regardless of, or hell, maybe BECAUSE of any of that, I have this CRAZY notion of "innocent until proven guilty". Something many others I've noticed in life don't have. I'm a pretty laid back and patient slug. But I have little to no tolerance for "accusations without proof". Something these forums, and yes, I'm sorry Tony, your words seem to be full of.

Anyway, you asked. All the best and have a great weekend bro.
Ghost Rider - WWTBMD?
  • #386,737
  • Jul 11, 2014 1:51pm Jul 11, 2014 1:51pm
Quoting elbert3
{quote} GBPCAD Long 10 1.82810 1.83690880 CAD 820.48 you right gm {image}
Hi Billy,

Be good.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #386,738
  • Jul 11, 2014 1:56pm Jul 11, 2014 1:56pm
Quoting Mr. Scott
{quote} Hi Billy, Be good. {image}
Ground floor opportunity in my book Mr. Scott.
Ghost Rider - WWTBMD?
  • #386,739
  • Jul 11, 2014 2:04pm Jul 11, 2014 2:04pm
Quoting Mr. Scott
{quote} Hi Billy, Be good. {image}
This is what I see - bullish pennant(continuation).

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  • #386,740
  • Jul 11, 2014 2:05pm Jul 11, 2014 2:05pm
Quoting albchr
{quote} Ground floor opportunity in my book Mr. Scott.
Hi Al posted it last week i was short and did not take any profit jumped out for a loss i am just level now on the trade ,,looks like a move up gbusd again,, to end the day 125 and drop it like it did 3 weeks ago if you remember it was about 20 min before the close ? meeting was ok the phones were handed in and mine well guess who had it ????
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