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Cable Update (GBPUSD)

  • #388,881
  • Jul 25, 2014 3:31am Jul 25, 2014 3:31am
nice one
  • #388,882
  • Jul 25, 2014 3:32am Jul 25, 2014 3:32am
Trying so hard to get above .70 again.
  • #388,883
  • Jul 25, 2014 3:32am Jul 25, 2014 3:32am
Quoting Darkforce
London morning, cable run down to collect some orders before moving up. Old trick.
This is a trader after my own heart...no fancy words, no bullshit moving averages, no noodle trendlines. Just basic bank manipulation explained in 1 line...BTW im in @ 1.6971 At the end of the day we need people to lose so the select few can make money. Its Friday hope everyone has a good weekend
  • #388,884
  • Jul 25, 2014 3:35am Jul 25, 2014 3:35am
nothing fantastic. usual as expected. markets doing the flush out a bit and will take out 6952 today. will britian's biggest trading partner which is EU not growing I cannot see how GBP can go up.
  • #388,885
  • Jul 25, 2014 3:40am Jul 25, 2014 3:40am
Quoting IveGotQuads
{quote} This is a trader after my own heart...no fancy words, no bullshit moving averages, no noodle trendlines. Just basic bank manipulation explained in 1 line...BTW im in @ 1.6971 At the end of the day we need people to lose so the select few can make money. Its Friday hope everyone has a good weekend
Morning ,,any charts for us,, regards E
  • #388,886
  • Jul 25, 2014 3:43am Jul 25, 2014 3:43am
Quoting IveGotQuads
{quote} This is a trader after my own heart...no fancy words, no bullshit moving averages, no noodle trendlines. Just basic bank manipulation explained in 1 line...BTW im in @ 1.6971 At the end of the day we need people to lose so the select few can make money. Its Friday hope everyone has a good weekend
  • #388,887
  • Jul 25, 2014 3:43am Jul 25, 2014 3:43am
Not buying until 6899 and looks like there won't be any opportunity to short for me now, I would need it back at least at 6985-6990 to short.
Everyone can see the chart, but only a few can actually read it.
  • #388,888
  • Jul 25, 2014 3:48am Jul 25, 2014 3:48am
when i go to a hotel,resturant , and i dont like it i dont go back ????
  • #388,889
  • Jul 25, 2014 3:51am Jul 25, 2014 3:51am
Quoting elbert3
when i go to a hotel,resturant , and i dont like it i dont go back ????
That was for me?

I hope we won't be stuck in this range the whole day, 70 to 90.
Everyone can see the chart, but only a few can actually read it.
  • #388,890
  • Jul 25, 2014 3:54am Jul 25, 2014 3:54am
Looking for one of these two scenarios on the GU. But we may head sideways for a while. Summer BS PA.
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  • #388,891
  • Jul 25, 2014 3:55am Jul 25, 2014 3:55am
Either way not interested until we see a break. Same goes for EU

Was tempted to take the GU long up to 1.69900 1 minute after news release, but that is not my game. Too soon after a red news release to open a position. High potential for gaps..
  • #388,892
  • Jul 25, 2014 3:57am Jul 25, 2014 3:57am
Quoting OnlineAddict
{quote} That was for me? I hope we won't be stuck in this range the whole day, 70 to 90.
No mate ,,not at all i a, ok with you i even put you in my post last night after a few wines,, lol regards E
  • #388,893
  • Jul 25, 2014 3:59am Jul 25, 2014 3:59am
1.6919 -JimmyC's take Profit - coming up

Patience & It's Not That Easy


HDA OUT
  • #388,894
  • Jul 25, 2014 4:00am Jul 25, 2014 4:00am
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  • #388,895
  • Jul 25, 2014 4:00am Jul 25, 2014 4:00am
Quoting elbert3
{quote} No mate ,,not at all i a, ok with you i even put you in my post last night after a few wines,, lol regards E
I didn't take it as an offend, I just thought you are trying to say something in a metaphore. I guess I missed the post, but I didn't sleep much this week, I'm a walking zombie by now, can't wait for tomorrow and my 12 hour sleep.

Stupid H4 close...no setup for me, too low to sell and too bad of a candle to buy, so I better get my 2 hours of sleep, at least.
Everyone can see the chart, but only a few can actually read it.
  • #388,896
  • Jul 25, 2014 4:02am Jul 25, 2014 4:02am
Quoting OnlineAddict
Long 68, only a 3 pip SL.
Addict, you still in the trade? usually if I take a counter trend trade like that I stay conservative with my take profit. 1-1 or a few pips below short term resistance.
  • #388,897
  • Jul 25, 2014 4:09am Jul 25, 2014 4:09am
I am thinking for going short now. TP may be 1.6955-60.
  • #388,898
  • Jul 25, 2014 4:15am Jul 25, 2014 4:15am
this is GBPNZD since last night
and if GBP strengthens then further more chances for long on it
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  • #388,899
  • Jul 25, 2014 4:23am Jul 25, 2014 4:23am
inverse hammer I reckon - long with 20 pip sl .... for 17020

GU H1
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  • #388,900
  • Jul 25, 2014 4:28am Jul 25, 2014 4:28am
What worries me about being short here is trading into strong support on mid range and Daily time frames. Will probably pass for now
Attached Image (click to enlarge)
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