Cable Update (GBPUSD) | Page 19423 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #388,441
  • Jul 23, 2014 6:53am Jul 23, 2014 6:53am
Quoting HDA
{quote} @albchr: Bank those pips - make that money - Well done Sir - I hope to be joining you soon. I continue to be patient HDA OUT
Thanks HDA. Still caught between the same old rock and hard place. Mindset of a position trader, account of a day trader/scalper...

So I have to keep taking little bites. I'm still gunning for 6900 and more. Either she pops up to the levels I see and gives me a better price again, or keeps going and I get back onboard. Either way, I don't care. I'm easy...
Ghost Rider - WWTBMD?
  • #388,442
  • Jul 23, 2014 6:54am Jul 23, 2014 6:54am
@albchr:

Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they?

Forex Factory Members and Guests - This is what I mean, IF YOU DON'T SEE IT - DONT TRADE IT.

Always trade your plan, regardless of what other traders think in the forum.

LETS SEE WHAT HAPPENS


HDA OUT
  • #388,443
  • Jul 23, 2014 6:54am Jul 23, 2014 6:54am
107.03x tough nut to crack. marktets still digesting the news.
  • #388,444
  • Jul 23, 2014 6:54am Jul 23, 2014 6:54am
The GU is likely to test 1.7018, breaking which 1.6990 can become important support. However, upside resistance of 1.7100 seems strong and the decline in MACD line also support the sellers.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 49 KB
  • #388,445
  • Jul 23, 2014 7:04am Jul 23, 2014 7:04am
Carneys platform must have frozen.............is opening short potions or long?
  • #388,446
  • Jul 23, 2014 7:04am Jul 23, 2014 7:04am
Quoting HDA
@albchr: Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they? Forex Factory Members and Guests - This is what I mean, IF YOU DON'T SEE IT - DONT TRADE IT. Always trade your plan, regardless of what other traders think in the forum. LETS SEE WHAT HAPPENS HDA OUT
Ehhh... you know how that goes buddy. Same ole same ole really. It rolls right by me anymore.

I was checking the big charts again last night and you know, I'm "almost" ready to say we're witnessing the end of a trend here. The structure of this turn (so far) is remarkably similar to the structure of the entire up trend. Next few weeks should prove.....interesting.
Ghost Rider - WWTBMD?
  • #388,447
  • Jul 23, 2014 7:09am Jul 23, 2014 7:09am
BTW, that last 4H / 1H close was significant in the overall scheme of things.
Ghost Rider - WWTBMD?
  • #388,448
  • Jul 23, 2014 7:14am Jul 23, 2014 7:14am
Looks like 4pm and Dell boy gets a whooping outside the school gates - OK then Bones i am getting ready and remember i go down fighting .. just do me a favour hey and dont bring ur mates.. as all of mine are quite literally still doing time ..
  • #388,449
  • Jul 23, 2014 7:15am Jul 23, 2014 7:15am
Quoting albchr
{quote} Ehhh... you know how that goes buddy. Same ole same ole really. It rolls right by me anymore. I was checking the big charts again last night and you know, I'm "almost" ready to say we're witnessing the end of a trend here. The structure of this turn (so far) is remarkably similar to the structure of the entire up trend. Next few weeks should prove.....interesting.
@albchr:



Lets See What happens

HDA OUT
  • #388,450
  • Jul 23, 2014 7:24am Jul 23, 2014 7:24am
Quoting HDA
{quote} @albchr: Lets See What happens HDA OUT
... sorry ...

Lets' see what happens.
Ghost Rider - WWTBMD?
  • #388,451
  • Jul 23, 2014 7:25am Jul 23, 2014 7:25am
Quoting HDA
@albchr: Where are the traders that were mocking my trading plan when I was in the red holding? Where are they, now that I am 160pips in the GREEN - Where are they? Forex Factory Members and Guests - This is what I mean, IF YOU DON'T SEE IT - DONT TRADE IT. Always trade your plan, regardless of what other traders think in the forum. LETS SEE WHAT HAPPENS HDA OUT
Hi HDA, there is nothing wrong if your trade is in the red if it fits the rules of your MM and you still have trust in your setup. However, it can be uncomfortable and sure is not everyone's cup of tea. As you pointed out rightly, patience is the key. I need to work a lot on this.
Fix up, trade sharp ...
  • #388,452
  • Jul 23, 2014 7:38am Jul 23, 2014 7:38am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
cable likely to target 16980
Hindsight is useless if you never learn anything out from it
  • #388,453
  • Jul 23, 2014 7:39am Jul 23, 2014 7:39am
Quoting cspip
{quote} certainly 1.7024
Well thats 1.7024 done
  • #388,454
  • Jul 23, 2014 7:43am Jul 23, 2014 7:43am
closed all GU shorts
8 positions at 7025+940pips!
Closed all G/CHF shorts at 5363 Total of +180pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 58 KB
In trading, you have to be defensive and aggressive at the same time
  • #388,455
  • Jul 23, 2014 7:45am Jul 23, 2014 7:45am
Quoting albchr
{quote} Ahhhhh..... the FOREX Gods are kind indeed. Let's see how high.... if at all... {image}
Quoting cspip
{quote} Maybe not till we get 7024.....
Now after 1.7024, if it does go up, could be 1.7064 or upto 1.7077
  • #388,456
  • Jul 23, 2014 7:46am Jul 23, 2014 7:46am
Quoting Hickson
{quote} Hi HDA, there is nothing wrong if your trade is in the red if it fits the rules of your MM and you still have trust in your setup. However, it can be uncomfortable and sure is not everyone's cup of tea. As you pointed out rightly, patience is the key. I need to work a lot on this.
@Hickson:

Everything comes with time. As I have been sharing before, the key to trading the forex is understanding factually, why the market is doing what its doing.

Only Trade Facts.

Traders use indicators as a guide or edge to trading profitably and it works for some.
Traders use fundamentals and it works for some
Traders just guess and it works for some.

But just imagine, you knowing the facts, while being guided by price action.
Imagine where that can take you.
Imagine the level of confidence you will have holding your trade, because you are trading facts.
Imagine knowing why to hold and when to hold and where to enter because of certain facts.

I keep stressing facts, because I trade facts.

So when I say to everyone in the room, I remain short and I immediately say after, IF YOU DONT SEE IT, DONT TRADE IT -
I see the facts,
I know the facts,
I am trading the facts
And those facts gives me an edge to be confident.

I post my trade and I'm mocked, but I continue just the same to trade my plan.

Trade Your Plan Always - "It's Your Account, It's Your Money, It's Your Profit, It's Your Loss."

HDA OUT
  • #388,457
  • Jul 23, 2014 7:46am Jul 23, 2014 7:46am
Quoting Davit
closed all GU shorts 8 positions at 7025+940pips! Closed all G/CHF shorts at 5363 Total of +180pips {image}

Wooow... congratzz davit..
  • #388,458
  • Jul 23, 2014 7:48am Jul 23, 2014 7:48am
Good morning friends. Just now stepping into the office today. See alot of you made some good pips good last night. Good job! I never did get the setup I was looking for at 3am. Which is fine. I'll kindly step aside today and watch you guys make the green for awhile. Then when the time is right, I'll be set to step right back in the fray!
  • #388,459
  • Jul 23, 2014 7:50am Jul 23, 2014 7:50am
Attached Image (click to enlarge)
Click to Enlarge Name: week.png Size: 92 KB
Attached Image (click to enlarge)
Click to Enlarge Name: day.png Size: 96 KB
any body who reads my posts will see thar i post,,price has to get back to the emas,,,,,take your pick gentlemen regards E still 20 i would say thou to get past
  • #388,460
  • Jul 23, 2014 7:53am Jul 23, 2014 7:53am
Quoting HDA
{quote} @Hickson: Everything comes with time. As I have been sharing before, the key to trading the forex is understanding factually, why the market is doing what its doing. Only Trade Facts. Traders use indicators as a guide or edge to trading profitably and it works for some. Traders use fundamentals and it works for some Traders just guess and it works for some. But just imagine, you knowing the facts, while being guided by price action. Imagine where that can take you. Imagine the level of confidence you will have holding your trade, because...
Impressive speach. looking foward to the end of this downside i have a buy entry at 1,6985 where my fibo hits. but your "facts" intimidate me so i think i will keep the entry postponed untill im sure the correction is over lol.
Again nice speach
340 traders viewing now