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Cable Update (GBPUSD)

  • #387,761
  • Jul 17, 2014 7:52am Jul 17, 2014 7:52am
adjusted my stop, this baby is looking like a break even
  • #387,762
  • Jul 17, 2014 7:54am Jul 17, 2014 7:54am
Eur H4 looks like a setup for a big bull run, too bad Cable isn't.
Everyone can see the chart, but only a few can actually read it.
  • #387,763
  • Jul 17, 2014 7:54am Jul 17, 2014 7:54am
Quoting albchr
... I am officially an idiot! I went to add to my short, hit the wrong button closing the one at 1.71326. How we doing so far? But hey! At least my platform didn't freeze for the news!!!
a trading platform should never freeze on news , spread should never get wider than 4-5 pips on gbpusd during news . average spread 0.7-1.7 for me .
you can't work on a half covered building and complain on rain fall for you bad investment.
Get Rich or Die Tryin
  • #387,764
  • Jul 17, 2014 8:01am Jul 17, 2014 8:01am
Quoting hoom
{quote} a trading platform should never freeze on news , spread should never get wider than 4-5 pips on gbpusd during news . average spread 0.7-1.7 for me . you can't work on a half covered building and complain on rain fall for you bad investment.
You're right they should never freeze...at any time. Obviously they've been having some issues. You have a good spread there. Mine's a little more. Just about every retail broker's spread widens around news for a few seconds. Who cares?

Not sure what you mean about "bad investment" but, I'll figure you meant that in a good way.
Ghost Rider - WWTBMD?
  • #387,765
  • Jul 17, 2014 8:02am Jul 17, 2014 8:02am
Quoting OnlineAddict
Eur H4 looks like a setup for a big bull run, too bad Cable isn't.
I would only be interested in a buy on EU is if we had a break above the 1.35400 level followed by a pullback to support and and entry trigger. The Eu trend south is currently pretty strong. Not interested in a counter trend trade yet.
  • #387,766
  • Jul 17, 2014 8:03am Jul 17, 2014 8:03am
Quoting OnlineAddict
Eur H4 looks like a setup for a big bull run, too bad Cable isn't.
dont be so sure .. u think u know but really no one knows thats me .. u and everyone else.. or did u create the holy grail if so then pardon me for my ignorance
  • #387,767
  • Jul 17, 2014 8:03am Jul 17, 2014 8:03am
Quoting hoom
{quote} a trading platform should never freeze on news , spread should never get wider than 4-5 pips on gbpusd during news . average spread 0.7-1.7 for me . you can't work on a half covered building and complain on rain fall for you bad investment.

Not sure that issue is what albchr was referring to.
  • #387,768
  • Jul 17, 2014 8:05am Jul 17, 2014 8:05am
Quoting DerekTrotter
{quote} dont be so sure .. u think u know but really no one knows thats me .. u and everyone else.. or did u create the holy grail if so then pardon me for my ignorance
Anything can happen, but I said "looks like". Those H4 bull patterns are pretty accurate, we just need an accelerator. Some fake news that pop out of nothing wouldn't surprise me.
Everyone can see the chart, but only a few can actually read it.
  • #387,769
  • Jul 17, 2014 8:07am Jul 17, 2014 8:07am
Quoting OnlineAddict
{quote} Anything can happen, but I said "looks like". Those H4 bull patterns are pretty accurate, we just need an accelerator. Some fake news that pop out of nothing wouldn't surprise me.
see in 55 mins hey what goes .. bought at 171 how about you ?
  • #387,770
  • Jul 17, 2014 8:08am Jul 17, 2014 8:08am
Quoting DerekTrotter
{quote} see in 55 mins hey what goes .. bought at 171 how about you ?
I'm still long 7102 from earlier. I don't see a reason to close the trade, for me 7145 is minimum target, today or tomorrow.
Everyone can see the chart, but only a few can actually read it.
  • #387,771
  • Jul 17, 2014 8:09am Jul 17, 2014 8:09am
Quoting OnlineAddict
{quote} I'm still long 7102 from earlier. I don't see a reason to close the trade, for me 7145 is minimum target, today or tomorrow.
lets meet middle of the road hey.. 171 500
  • #387,772
  • Jul 17, 2014 8:11am Jul 17, 2014 8:11am
Quoting DerekTrotter
{quote} lets meet middle of the road hey.. 171 500
I wish it happened today, so I could take tomorrow off.
Everyone can see the chart, but only a few can actually read it.
  • #387,773
  • Jul 17, 2014 8:13am Jul 17, 2014 8:13am
Quoting albchr
{quote} You're right they should never freeze...at any time. Obviously they've been having some issues. You have a good spread there. Mine's a little more. Just about every retail broker's spread widens around news for a few seconds. Who cares? Not sure what you mean about "bad investment" but, I'll figure you meant that in a good way.
me neither , am not sure what I mean but in a good way for sure
I tried many broekrs and used to move money from one to another , I can tell by experience "although I am your son" that trading conditions are very very important to apply properly ones strategy. dont hesitate to change your broker
Get Rich or Die Tryin
  • #387,774
  • Jul 17, 2014 8:18am Jul 17, 2014 8:18am
Please....write what you think not what you want....
Few guys just want long....it's nice but please explain
  • #387,775
  • Jul 17, 2014 8:24am Jul 17, 2014 8:24am
Quoting hoom
{quote} me neither , am not sure what I mean but in a good way for sure I tried many broekrs and used to move money from one to another , I can tell by experience "although I am your son" that trading conditions are very very important to apply properly ones strategy. dont hesitate to change your broker
You still calling me Grandpa??.... ....

I've been with them since 2009. They're the only one I've had for a live account and other than a couple tech issues lately, I really like them. Works just fine for my strategy...... SON!
Ghost Rider - WWTBMD?
  • #387,776
  • Jul 17, 2014 8:33am Jul 17, 2014 8:33am
Quoting albchr
Where we're at right now? 2 to 1 say's we'll be here at 10am regardless of what happens between now and then. Just a theory.
Price was 1.71053 when I posted this 2 hours ago. Let's see where it is in 28 minutes.
Ghost Rider - WWTBMD?
  • #387,777
  • Jul 17, 2014 8:37am Jul 17, 2014 8:37am
Quoting albchr
{quote} You still calling me Grandpa??.... .... I've been with them since 2009. They're the only one I've had for a live account and other than a couple tech issues lately, I really like them. Works just fine for my strategy...... SON!
Get Rich or Die Tryin
  • #387,778
  • Jul 17, 2014 8:53am Jul 17, 2014 8:53am
classic bear flag on GU. Have my stop placed really tight. I hate this low volume summer trading
  • #387,779
  • Jul 17, 2014 8:56am Jul 17, 2014 8:56am
Quoting JimmyC
GU M5 Non event on news... {image}
As the volatility session comes to an end...

small down day... Not much to it. Tomorrow then..

Attached Image
  • #387,780
  • Jul 17, 2014 8:57am Jul 17, 2014 8:57am
Let's see if the Philly Fed has any effect. But we'll sit right here within a couple pips until then. 7100/7105 ish
Ghost Rider - WWTBMD?
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