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Cable Update (GBPUSD)

  • #387,561
  • Jul 16, 2014 9:31am Jul 16, 2014 9:31am
Quoting elbert3
{quote} where did you find 43 Mr Scott, if it holds up your getting trader of the day award from me ,looks like the price has been dragged back up false move on the 5 mins pin bar at the bottom so we could yet get there ?? Trade confirmation On 16-Jul-2014 at 14:03:28 (GMT) You sold 2 GBPUSD @ 1.71408 for value date 18-Jul-2014 Front office position id: 140104207 Account: 5589929
Hi Billy,

Glad you noticed. Saw you looking at 5 min so drummed down. Wanted it to the pip on 5 min so passed. As saw return to structure and retest likely. Not all that crazy about this chart overall at the moment.
Attached Image (click to enlarge)
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #387,562
  • Jul 16, 2014 9:32am Jul 16, 2014 9:32am
Quoting elbert3
{quote} we defo missed that eur boat,, my gold trade is paying for this f,,,ker
Yeah, for the moment it does. I'm long since 1293 on a PO I thought would never get filled. But since the last selloff I dont trust this s,,,,r either.

cheers
Be water, my friend
  • #387,563
  • Jul 16, 2014 9:36am Jul 16, 2014 9:36am
to be honest im quite happy about today's yellen speach.. i think for the 1st time she was coerent. And left us to guess the unemployment numbers for tomorrow.
Well i can only assume she knows what they'r going to be and somewhat she's playing the market to short usd again when tomorrow's numbers go worse than expected lol
what are your thoughts?
  • #387,564
  • Jul 16, 2014 9:50am Jul 16, 2014 9:50am
Quoting spocktrader
{quote} Yeah, for the moment it does. I'm long since 1293 on a PO I thought would never get filled. But since the last selloff I dont trust this s,,,,r either. cheers
hi Spoc, yes i see you post in gold thread ,i try to push it along and pp asap in a pull back area ,,its a f,,ker when it goes poor Jim got it ,, gl regards
  • #387,565
  • Jul 16, 2014 9:56am Jul 16, 2014 9:56am
Quoting Mr. Scott
{quote} Hi Billy, Glad you noticed. Saw you looking at 5 min so drummed down. Wanted it to the pip on 5 min so passed. As saw return to structure and retest likely. Not all that crazy about this chart overall at the moment. {image}
last night i placed tp on the top 3 positions 7112 and the others 709 as you saw my chart before and i took the 3 of them off ,,,well pissed ,, both ways ,
  • #387,566
  • Jul 16, 2014 9:59am Jul 16, 2014 9:59am
Quoting Mr. Scott
{quote} No offense Billy, just sharing a level that was relevant. As I said, did not take it, was not looking for much, and do not like this pair at the moment.
you still might be right 45 ,,
  • #387,567
  • Jul 16, 2014 10:40am Jul 16, 2014 10:40am
Short pattern surfaced and trigger executed on GU. Quick scalp
  • #387,568
  • Jul 16, 2014 10:41am Jul 16, 2014 10:41am
Long 7129
Everyone can see the chart, but only a few can actually read it.
  • #387,569
  • Jul 16, 2014 10:43am Jul 16, 2014 10:43am
Quoting spinozagr
{quote} Well, adding to this conversation, i have to say that this tactic is a road to catastrophy Even if the size matters, and lets assume that one has lots of money, soon or later will face his fate... Better took his losses than feeding a loosing position... Market do NOT know who you are or what you do... what the market needs is RESPECT of course thats only my thoughts... and everyone act as he thinks better.... Venceremos
you mean you acted as you think better?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #387,570
  • Jul 16, 2014 10:43am Jul 16, 2014 10:43am
Quoting pipster1
Short pattern surfaced and trigger executed on GU. Quick scalp

Done
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  • #387,571
  • Jul 16, 2014 10:48am Jul 16, 2014 10:48am
Quoting OnlineAddict
Long 7129
Good place for a reversal....what is your trigger? If there is no solid entry pattern, this reduces the probability of a profitable trade..
  • #387,572
  • Jul 16, 2014 10:53am Jul 16, 2014 10:53am
Quoting elbert3
{quote} yes we will look forward to seeing your posted positions,, and dont be shy posting any losing ones,,,,????lol E
Out from my shorts with just + 2
Intraday only.
  • #387,573
  • Jul 16, 2014 10:56am Jul 16, 2014 10:56am
Attached Image (click to enlarge)
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will it now break,,or this is to go long from here
  • #387,574
  • Jul 16, 2014 11:01am Jul 16, 2014 11:01am
Quoting pipster1
{quote} Good place for a reversal....what is your trigger? If there is no solid entry pattern, this reduces the probability of a profitable trade..
Strong support at 7123, if we close below, I'm out. Its only few pips away, so is daily low.
Everyone can see the chart, but only a few can actually read it.
  • #387,575
  • Jul 16, 2014 11:01am Jul 16, 2014 11:01am
Quoting elbert3
{image} will it now break,,or this is to go long from here
Pretty funny stuff. O/H/L - 38 pip range.
Trying to trade this today is like picking rabbit terds from a pile of bear scat. You may find a couple pellets but you'll still have a hand full of crap.
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Ghost Rider - WWTBMD?
  • #387,576
  • Jul 16, 2014 11:02am Jul 16, 2014 11:02am
Quoting navk
{quote} Out from my shorts with just + 2
I assume, Price skewed against your position...so good conservative move
  • #387,577
  • Jul 16, 2014 11:03am Jul 16, 2014 11:03am
Quoting albchr
{quote} Pretty funny stuff. O/H/L - 38 pip range. Trying to trade this today is like picking rabbit terds from a pile of bear scat. You may find a couple pellets but you'll still have a hand full of crap. {image}
It has been in range for long time.

Pushing up and re test of 1.7170 is not ruled out.

I am not going for this pair but will look at GC.
Intraday only.
  • #387,578
  • Jul 16, 2014 11:06am Jul 16, 2014 11:06am
Quoting navk
{quote} It has been in range for long time. Pushing up and re test of 1.7170 is not ruled out. I am not going for this pair but will look at GC.
Have my eye on the same for GC. Just had a nice 4H close out of supply. Hoping this reaches up for 7170/90. At least that would make an interesting short again.
Ghost Rider - WWTBMD?
  • #387,579
  • Jul 16, 2014 11:14am Jul 16, 2014 11:14am
Quoting elbert3
{image} will it now break,,or this is to go long from here
You are smart man Billy.

Some levels of interest if holds. Notice the 43 level, little greedy but liked it.

Nice confluence, no idea if I make sense to others.
Attached Image (click to enlarge)
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #387,580
  • Jul 16, 2014 11:14am Jul 16, 2014 11:14am
Quoting albchr
{quote} Have my eye on the same for GC. Just had a nice 4H close out of supply. Hoping this reaches up for 7170/90. At least that would make an interesting short again.
damm I wanted to post on your thread abt gbp/cad doesn't allow me. made 130 pips on 4 positions. closed early. my mistake. it suddenly spiked to 1.85 nd came down like a rocket but think that is normal for this pair. watch eur/gbp that is on the verge of a big rally and I am talking abt 200-300 pips. all will come bcoz of gbp falling
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