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Cable Update (GBPUSD)

  • #387,701
  • Jul 17, 2014 1:51am Jul 17, 2014 1:51am
Quoting OnlineAddict
{quote} Out with only +7 at 3533...this shit wants to go down, waiting for 3535 to enter short, if I don't get it or close to it, I'm out and possibly long 3470 tomorrow. EDIT: Short 3534, will wait for hourly close, if we don't break last hour high, my SL will be only 3 pips.
thats why i call you a gambler. you jump in and out very quickly. atleast you could have waited for the data in 10 mins
  • #387,702
  • Jul 17, 2014 1:54am Jul 17, 2014 1:54am
Quoting giveachance
{quote} thats why i call you a gambler. you jump in and out very quickly. atleast you could have waited for the data in 10 mins
  • #387,703
  • Jul 17, 2014 1:57am Jul 17, 2014 1:57am
If unemployment claims from USD shows green color, then it will be really sure GBP is falling..

The only thing that holds GBP now is that news..
GTS V8 Return This Month: 0.1%
  • #387,704
  • Jul 17, 2014 1:58am Jul 17, 2014 1:58am
GU 4H

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  • #387,705
  • Jul 17, 2014 1:59am Jul 17, 2014 1:59am
Quoting giveachance
{quote} check eur/gbp for cues on this pair. gbp has weakened against JPY, CHF, CAD. what is remaining is euro. after data at 2:30 it will come
Thanks bud I already know where it's going (as best as I can anyway) I'm just waiting...and waiting...and waiting for it get there...lol Also waiting for EU to bounce up a bit and short that as well.

G/CAD shorts are doing well and GN is close but waiting for confirmation on that. If NU drops like I expect it might, GN will reach my projected high first and then I'll short it. If not, GN is in a good spot now. At least those are my plans. So... more waiting there too.
Ghost Rider - WWTBMD?
  • #387,706
  • Jul 17, 2014 2:01am Jul 17, 2014 2:01am
Quoting giveachance
{quote} thats why i call you a gambler. you jump in and out very quickly. atleast you could have waited for the data in 10 mins
I trade what I see, not what I think or hope for. Plans change...My SLs are tight, so I'm safe, don't worry.
Everyone can see the chart, but only a few can actually read it.
  • #387,707
  • Jul 17, 2014 2:03am Jul 17, 2014 2:03am
Quoting rizkinovri
If unemployment claims from USD shows green color, then it will be really sure GBP is falling.. The only thing that holds GBP now is that news..
But then u never know .. how many times have u seen the opposite effect to news? .. never an open and shut case or indeed that easy if it were then we would all be driving lambos..i prefer my r n r though..
  • #387,708
  • Jul 17, 2014 2:05am Jul 17, 2014 2:05am
Quoting OnlineAddict
{quote} I trade what I see, not what I think or hope for. neighPlans change...My SLs are tight, so I'mn safe, don't worry.
not convinced.. sorry on line if u did then why all the if's but's and maybe's.. u know maybe it will do this or if it does that then u get the gig bro we all watch an observe eachother .. even me i got faults lots of em .. problems none for sure.. but hey thats life online - btw u sure ur not related to cspip ?
  • #387,709
  • Jul 17, 2014 2:08am Jul 17, 2014 2:08am
Quoting DerekTrotter
{quote} But then u never know .. how many times have u seen the opposite effect to news? .. never an open and shut case or indeed that easy if it were then we would all be driving lambos..i prefer my r n r though..
Instead of that, one thing i can be so sure..

Because the major trend is still uptrend..
Red color on USD news will make GBP bounce back to 1.7150 or even breaking out..

But seeing that previous unemployment claims in 304k and forecast at 310k, it has a really small probability if USD Unemployment turns red.. Looks like it will turn green..
Good luck..
GTS V8 Return This Month: 0.1%
  • #387,710
  • Jul 17, 2014 2:08am Jul 17, 2014 2:08am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 104 KB
we just hit 61 on the 4 hour,,emas are bull but flat this for me means 1, it could have a big move coming,,2, flat emas 50/50 direction wise
  • #387,711
  • Jul 17, 2014 2:11am Jul 17, 2014 2:11am
Quoting rizkinovri
If unemployment claims from USD shows green color, then it will be really sure GBP is falling.. The only thing that holds GBP now is that news..
its all about positioning boss. they are adding to euro longs since yesterday NY cut.
  • #387,712
  • Jul 17, 2014 2:13am Jul 17, 2014 2:13am
Quoting rizkinovri
{quote} Instead of that, one thing i can be so sure.. Because the major trend is still uptrend.. Red color on USD news will make GBP bounce back to 1.7150 or even breaking out.. But seeing that previous unemployment claims in 304k and forecast at 310k, it has a really small probability if USD Unemployment turns red.. Looks like it will turn green.. Good luck..
Not that u have to convince anyone but yourself and especially not me .. but not convinced.. been there seen it - bought the t shirt - cd's and then the mansion.. time is great for one thing it always tells ..

BTW i am in a SELL but not for any of these reasons .. touching 60 pips up since the last high
  • #387,713
  • Jul 17, 2014 2:16am Jul 17, 2014 2:16am
Quoting DerekTrotter
{quote} not convinced.. sorry on line if u did then why all the if's but's and maybe's.. u know maybe it will do this or if it does that then u get the gig bro we all watch an observe eachother .. even me i got faults lots of em .. problems none for sure.. but hey thats life online - btw u sure ur not related to cspip ?
There is always buts, I don't trade maybes. I still trade towards 1.37 for eurusd and 1.73 for cable, but I won't start longing from any level, then add as we drop and pray to god to turn the trade already. The lower I enter, the better for me, so I don't mind closing bad longs on the way with a 10-20 pip SL. Some people prefer to add, I prefer to close, simple as that.

If we break 1.35, I will long from 1.3460-70, if we break 1.71 on cable, I will long from 7030-55, see you all tomorrow.
Everyone can see the chart, but only a few can actually read it.
  • #387,714
  • Jul 17, 2014 2:21am Jul 17, 2014 2:21am
Fast chart + Dustbin levels

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  • #387,715
  • Jul 17, 2014 2:26am Jul 17, 2014 2:26am
GU Daily

50,100,200 sma's...

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  • #387,716
  • Jul 17, 2014 2:29am Jul 17, 2014 2:29am
Looking at 4h it might snap down big time. But who knows. GBPUSD lately just want to go up.
  • #387,717
  • Jul 17, 2014 2:32am Jul 17, 2014 2:32am
Quoting OnlineAddict
{quote} There is always buts, I don't trade maybes. I still trade towards 1.37 for eurusd and 1.73 for cable, but I won't start longing from any level, then add as we drop and pray to god to turn the trade already. The lower I enter, the better for me, so I don't mind closing bad longs on the way with a 10-20 pip SL. Some people prefer to add, I prefer to close, simple as that. If we break 1.35, I will long from 1.3460-70, if we break 1.71 on cable, I will long from 7030-55, see you all tomorrow.
respect for not giving up or in brother .. total respect on line ..
  • #387,718
  • Jul 17, 2014 3:13am Jul 17, 2014 3:13am
Quoting elbert3
{image} we just hit 61 on the 4 hour,,emas are bull but flat this for me means 1, it could have a big move coming,,2, flat emas 50/50 direction wise
u counting your winnings then E - on the ole qt as in quiet
  • #387,719
  • Jul 17, 2014 3:25am Jul 17, 2014 3:25am
Quoting KarlHakan
Looking at 4h it might snap down big time. But who knows. GBPUSD lately just want to go up.
with these fundaments i'd pay to see that happening. the only thing we can do at the moment is enjoy the ride on retracement and hope for a better than expected unemployment data on usd. Because after yellen's testemony yesterday if it goes bad dollar will crumble 3/4% or even 1%
  • #387,720
  • Jul 17, 2014 3:35am Jul 17, 2014 3:35am
Quoting Windstrown
{quote} with these fundaments i'd pay to see that happening. the only thing we can do at the moment is enjoy the ride on retracement and hope for a better than expected unemployment data on usd. Because after yellen's testemony yesterday if it goes bad dollar will crumble 3/4% or even 1%
my system is saying a buy is coming up .. like an old faithfull friend it never lets me down ..
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