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Cable Update (GBPUSD)

  • #388,001
  • Jul 18, 2014 7:56am Jul 18, 2014 7:56am
Quoting Nate04
{quote} Well, being married to your trade can lead you to a margin call, which is kinda like getting a divorce from your account.
btw Where did you see me be married to one trade? Direction, yes, but trade? I am mostly out after 10-15 pips against me. Have no trades open.
Everyone can see the chart, but only a few can actually read it.
  • #388,002
  • Jul 18, 2014 8:01am Jul 18, 2014 8:01am
Quoting OnlineAddict
{quote} btw Where did you see me be married to one trade? Direction, yes, but trade? I am mostly out after 10-15 pips against me. Have no trades open.
I didn't say trade... I said direction. In the conversation that followed it got turned into "trade", while having some fun. You explained your thinking in your previous post.
  • #388,003
  • Jul 18, 2014 8:05am Jul 18, 2014 8:05am
Quoting Mr. Scott
{quote} Well I was going to say why is divorce so expensive? Because it's worth it. But in that case...
Yeah, if you looking for a silver lining there, you may be looking for awhile.
  • #388,004
  • Jul 18, 2014 8:10am Jul 18, 2014 8:10am
Quoting Nate04
{quote} I didn't say trade... I said direction. In the conversation that followed it got turned into "trade", while having some fun. You explained your thinking in your previous post.
Ah yes...well, I'm long biased on cable and will always rather buy the dips than sell the spikes. At least for now, until something major changes the trend. Right now, I would love to see double bottom or anywhere close to 7040, to buy again towards 1.71.
Everyone can see the chart, but only a few can actually read it.
  • #388,005
  • Jul 18, 2014 8:16am Jul 18, 2014 8:16am
Quoting OnlineAddict
{quote} Ah yes...well, I'm long biased on cable and will always rather buy the dips than sell the spikes. At least for now, until something major changes the trend. Right now, I would love to see double bottom or anywhere close to 7040, to buy again towards 1.71.
Fair enough. Good luck
  • #388,006
  • Jul 18, 2014 8:17am Jul 18, 2014 8:17am
Quoting Nate04
{quote} Well, being married to your trade can lead you to a margin call, which is kinda like getting a divorce from your account.
Amen Nate. I can think of a couple of engagement rings that never led to marriage. But If I got them back I could fund a decent account now...LOL
Ghost Rider - WWTBMD?
  • #388,007
  • Jul 18, 2014 8:23am Jul 18, 2014 8:23am
Quoting TauTrader
Good day, Just a question.. do you think these targets are remotely possible? Thanking you {image}
Ummm...I hope your trading a demo account. I vaporized my first account using your technique.


I am currently looking for a pullback sell on both EU and GU. EU triggered but not taking it until I see more dollar weakness.

Since GU daily broke support, I anticipate longer term a pullback to the trend line before heading to 1.74 or higher. But that may take some time.

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-07-18_future_GU.png Size: 50 KB
  • #388,008
  • Jul 18, 2014 8:25am Jul 18, 2014 8:25am
Back to 7071, where I got stopped out...this is unstoppable bull, I'm curious if H4 does reverse the last H4, if yes, might be a setup for new highs for next week.
Everyone can see the chart, but only a few can actually read it.
  • #388,009
  • Jul 18, 2014 8:26am Jul 18, 2014 8:26am
Well, I think I'm done for the week. I'll probably still be on here, just because I got nothing better to do til 3pm cst, but trading wise I'm done for the week. Made 4% on the week. Not great, but better than being in the red. So I'll definately take it. Hope next week rocks!
  • #388,010
  • Jul 18, 2014 8:30am Jul 18, 2014 8:30am
Quoting TauTrader
Good day, Just a question.. do you think these targets are remotely possible? Thanking you {image}
Sir Tau - Good day to you. For what it's worth, my humble view.

Wish you all success
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmweekly.png Size: 65 KB
Ghost Rider - WWTBMD?
  • #388,011
  • Jul 18, 2014 8:35am Jul 18, 2014 8:35am
Quoting Nate04
Well, I think I'm done for the week. I'll probably still be on here, just because I got nothing better to do til 3pm cst, but trading wise I'm done for the week. Made 4% on the week. Not great, but better than being in the red. So I'll definately take it. Hope next week rocks!
4% is pretty solid. Nice work!
  • #388,012
  • Jul 18, 2014 8:38am Jul 18, 2014 8:38am
Quoting pipster1
{quote} 4% is pretty solid. Nice work!
Thanks.
  • #388,013
  • Jul 18, 2014 9:14am Jul 18, 2014 9:14am
I'm just putting this out there

On a positive note at least they've found this one!
  • #388,014
  • Jul 18, 2014 9:27am Jul 18, 2014 9:27am
Rode it all the way down from .7105 to .7045 Have a great weekend all!
  • #388,015
  • Jul 18, 2014 10:45am Jul 18, 2014 10:45am
Quoting pipster1
{quote} Ummm...I hope your trading a demo account. I vaporized my first account using your technique. I am currently looking for a pullback sell on both EU and GU. EU triggered but not taking it until I see more dollar weakness. Since GU daily broke support, I anticipate longer term a pullback to the trend line before heading to 1.74 or higher. But that may take some time. Good luck. {image}
Do not comment on something you do not know of.

Another GURU..

Back to party..

Regards
  • #388,016
  • Jul 18, 2014 10:48am Jul 18, 2014 10:48am
Theres no holding this beast down. Its already going back up. Any insights?
  • #388,017
  • Jul 18, 2014 10:58am Jul 18, 2014 10:58am
4h Time Frame, its going Up again??
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 19 KB
  • #388,018
  • Jul 18, 2014 10:58am Jul 18, 2014 10:58am
Quoting albchr
{quote} Amen Nate. I can think of a couple of engagement rings that never led to marriage. But If I got them back I could fund a decent account now...LOL
always wondered why it couldn't be returned back to the store.. it's a merchandise, should be return-able.. no?
  • #388,019
  • Jul 18, 2014 10:59am Jul 18, 2014 10:59am
Waiting for the close, but as I said earlier...looks like this down move wasn't done by bears, but by bulls. I think we will only re-test 7060s next week, before a new high, 72 or more. Not shorting this before.
Everyone can see the chart, but only a few can actually read it.
  • #388,020
  • Jul 18, 2014 11:08am Jul 18, 2014 11:08am
Quoting wtfigo
{quote} always wondered why it couldn't be returned back to the store.. it's a merchandise, should be return-able.. no?
That presupposes the "ladies" give them back. Seems both of them got stuck on their fingers. Odd....no? ....
Ghost Rider - WWTBMD?
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