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Cable Update (GBPUSD)

  • #388,801
  • Jul 24, 2014 10:10am Jul 24, 2014 10:10am
Quoting albchr
{quote} Hi Ally ... No actually. I have 646 and I've not received any auto update notice when starting up. Hmmm....perhaps I should do a manual update? I know you mentioned you had some problems but they cleared up. Do you have 670?
I do have 670. it was rolled out on july 4th. wouldn't hurt to try it
  • #388,802
  • Jul 24, 2014 10:11am Jul 24, 2014 10:11am
Quoting SpotPip
GBPUSD Aiming at 1.73/1.74 zone {image}
Still thinking about the same...not sure if to close 2nd long from today in small profit or let it run towards tomorrow...I guess day's close will give me a better clue. I don't mind this going lower before going higher, but too many people waiting for 1.69 to get into longs...thats why I don't trust the number much.

Btw your trendline shows the touch of the bottom of an uptrend range...my daily trendline shows 6870 as the bottom of the uptrend trendline.

Attached Image (click to enlarge)
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Everyone can see the chart, but only a few can actually read it.
  • #388,803
  • Jul 24, 2014 10:27am Jul 24, 2014 10:27am
Quoting AllyB
{quote} I do have 670. it was rolled out on july 4th. wouldn't hurt to try it
I will do so. Thank you Ally
Ghost Rider - WWTBMD?
  • #388,804
  • Jul 24, 2014 10:29am Jul 24, 2014 10:29am
Folks, dont get insecure by the posts here.

Stick to your plan and ride it to the END.

Depending what you see and what your TF is !!
Thats whats makes the difference from loosers who will never make it in forex vs. people who trade for a living !!!

Im thankful for all the posts here (with charts) and i choose what fits to me and my idea and ignore the rest.

Otherwise you can only got crazy and you will never find your own Style.
Gbp/Usd will go UP !! then 1 1/2 days later, im short on G/U aso aso.. Whooo carees

Learn how to use the information's here and dont . Im big in green, but i also think it will first go up (NOW, not yesterday) before it goes down.

So what ? Patience is the key. And i started as a scalper making minute trades, he he

Greets, and happy trading.
How to opt out annoying user signatures ??
  • #388,805
  • Jul 24, 2014 10:30am Jul 24, 2014 10:30am
Quoting SpotPip
GBPUSD Aiming at 1.73/1.74 zone {image}
Still a viable target but....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly724.jpg Size: 163 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #388,806
  • Jul 24, 2014 10:41am Jul 24, 2014 10:41am
Quoting Toranaga
Folks, dont get insecure by the posts here. Stick to your plan and ride it to the END. Depending what you see and what your TF is !! Thats whats makes the difference from loosers who will never make it in forex vs. people who trade for a living !!! Im thankful for all the posts here (with charts) and i choose what fits to me and my idea and ignore the rest. Otherwise you can only got crazy and you will never find your own Style. Gbp/Usd will go UP !! then 1 1/2 days later, im short on G/U aso aso.. Whooo carees Learn how to use the information's...
Did you trade profitably as a scalper?
Fix up, trade sharp ...
  • #388,807
  • Jul 24, 2014 10:54am Jul 24, 2014 10:54am
Though i do not trust this move, it is a welcomed development
The fragrance remains in the hands of those that gves the rose
  • #388,808
  • Jul 24, 2014 10:59am Jul 24, 2014 10:59am
Quoting Hickson
{quote} Did you trade profitably as a scalper?

Yes !!

Buuut..

It took me a lot of live strength, sitting there for hours, 185% concentrated,
smoking and smoking and.. and coffee.. And waiting for the right setup.
Then sometimes you are starting to be bored after 5 green trades in a row,
what is verry much as a scalper..
starting to think you are a Forex God, yeah, ok let try thisss even if it looks not so well..

And baam. Nope. I did not had the discipline to WAIT. Is heavy on a such small timeframe with a big lot.
Expecialy when you are impatient, what is a no go for a scalper, i know
You cant understand it till you did not tried it.

So it happened often that i destroyed 1/2 of my daily gain with 1 or 2 trades red trades
that always followed caused by boredom.. and 'Lets try it attitude"

So, i thought about, life it to short for this, lets try H1, then H4 and now im somewhere between D1 and W1 and its COOL.

And its super cool. And much calmer. I always say, thats like scalping in slow motion !!!

Essay end
How to opt out annoying user signatures ??
  • #388,809
  • Jul 24, 2014 11:05am Jul 24, 2014 11:05am
Quoting GlobalMacro
In longs here @ 1.7079 initial stop @ 1.6999 T/P: Open
Got stopped out of the remaining long position earlier today.

After hitting 1.6966 low of the day reversal emerging on the LTFs,

therefore in:

Long @ 1.6980

s/l : 1.6910

t/p: open
Hear the music before the song is over ...
  • #388,810
  • Jul 24, 2014 11:09am Jul 24, 2014 11:09am
Quoting GlobalMacro
{quote} Got stopped out of the remaining long position earlier today. After hitting 1.6966 low of the day reversal emerging on the LTFs, therefore in: Long @ 1.6980 s/l : 1.6910 t/p: open

Timeframe ? A chart would be also nice
How to opt out annoying user signatures ??
  • #388,811
  • Jul 24, 2014 11:12am Jul 24, 2014 11:12am
Quoting HDA
{quote} @Greener: This is why I stated to re-evaluate upon reaching 1.6900 whether to hold to my extended take profit of 1.6750 or to close trade at 1.6900 Please see previous post, dated, Sunday, July 6, 2014 at 7:00pm http://www.forexfactory.com/showthre...20#post7585320 Lets See What Happens HDA OUT
Same here. Not sure if im gonna gonna hold or not. We'll see when we get there!

Quoting Shug
In the short term, hopping to see 1.69 get hit soon. Medium - longer term hoping for 1.67, or lower. From my technical perspective GU is super over extended. 290 days since a touch of the daily 200 EMA...That's crazy!
  • #388,812
  • Jul 24, 2014 11:15am Jul 24, 2014 11:15am
Quoting albchr
{quote} I will do so. Thank you Ally
let us know if it helps
  • #388,813
  • Jul 24, 2014 11:23am Jul 24, 2014 11:23am
Quoting AllyB
{quote} let us know if it helps
I will for sure Ally. ... I can't believe this though.
Now I have to wait for news for TWO reasons and they seem oddly paradoxical. One, so the market moves and Two, to see if my platform doesn't? .....
Ghost Rider - WWTBMD?
  • #388,814
  • Jul 24, 2014 11:41am Jul 24, 2014 11:41am
Gbp nzd head and shoulders. Any thoughts?
No emotions, just trade
  • #388,815
  • Jul 24, 2014 12:50pm Jul 24, 2014 12:50pm
Quoting Janut
Gbp nzd head and shoulders. Any thoughts?
Good day Janut,

My thoughts are, not H&S yet overnight PA will tell us more.

I've tested other timeframes and it seems this pair is in a technical downtrend so looking for positions short is the higher probability trade.
However recently the PA has been sideways so non trending strategies would be needed (I don't have a recommendation, I won't trade this analysis)

Stop loss comes in above 1.9940 the range target is 1.94 and it may take weeks to reach.

Intraday view break below 1.97530 calls for 1.96215

GN 1H

needs more info... good luck and trade safe....

Attached Image
  • #388,816
  • Jul 24, 2014 1:10pm Jul 24, 2014 1:10pm
Weekly cable, clear breach today on the daily at 1.7043 which was the 2009 high

1.6877 looks likely target, watch for strength here then up to 1.7043 then watch for strength or weakness.

01.01.2006 cable took off from 1.7187 to over 2.00

8 days ago cable touched that price 1.7187 again from underneath and has fallen off..

personally want cable to fall off a cliff ...sick of it just going up!
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  • #388,817
  • Jul 24, 2014 1:16pm Jul 24, 2014 1:16pm
Quoting slimcat
personally want cable to fall off a cliff ...sick of it just going up! {image}
Why? Does your broker pay you more $ per pip on short orders? Isn't it the same, if it goes up or down fast?
Everyone can see the chart, but only a few can actually read it.
  • #388,818
  • Jul 24, 2014 1:26pm Jul 24, 2014 1:26pm
Quoting OnlineAddict
{quote} Why? Does your broker pay you more $ per pip on short orders? Isn't it the same, if it goes up or down fast?

hi online addict,

I gave up trading when I lost my micro account, for a year and just got back into demo trading in February,

so I have missed getting in on a massive trend , so just want it to do something different now, no other reason.

you are right tho doesn't matter really as long as you are on the right side up or down
  • #388,819
  • Jul 24, 2014 1:27pm Jul 24, 2014 1:27pm
Quoting elbert3
{quote} HDA good afternoon it looks like your time is near could even be today , {image} as posted price has hit the 10 ema on the weekly and looks strong enough to take it all the way to the 20 ema ,, even past the 61% {image} regards E
@elbert3:

I'm still waiting patiently

Lets See What Happens

HDA OUT
  • #388,820
  • Jul 24, 2014 1:30pm Jul 24, 2014 1:30pm
Its all cool chris ,I'm not sure who your talking about then
but ego I suspect comes with territory not such a bad thing

Quoting albchr
{quote} Simply not true Tony. If I were talking to or about you, you KNOW I'd talk straight TO YOU. Right? It's only your ego that makes you think I am. Think about it bro. By this very comment of yours YOU'RE looking to start something. I'm not. If I was, I'd come to you and start it. I don't pull that "hide behind the curtain" crap like some others I won't mention.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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