Been short since the close of the London candle at 1.69782. Stop was about 20 points to the London open, which held the news push up. Still reckon I'll hold onto this for a while longer, previous 15m candle made a lower low since yesterdays action.
Cable Update (GBPUSD)
- #388,903
- Jul 25, 2014 3:13am Jul 25, 2014 3:13am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
all I can say is your forum name suites you perfectly ,shame you won't be around for the Christmas Saga 
{quote}nice one hot legs .. And too all you NEWBIE traders out there - pls remember dont try this at home - that is over trading and not making your pips lol Isnt that right now BONSEY .. come on be honest your tearing the roof of with negativity - ever heard a successfull trader do the same
remember we are all here to help one another ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #388,907
- Jul 25, 2014 4:08am Jul 25, 2014 4:08am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #388,908
- Jul 25, 2014 4:10am Jul 25, 2014 4:10am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #388,910
- Jul 25, 2014 4:16am Jul 25, 2014 4:16am
- Joined Jun 2013 | Status: Trader | 3,071 Posts
Howzit Partial close executed automatically @ 1.7 SL moved to 1.71050 Will execute full close at 1.6919 - not adding anymore we're approaching accumulation levels {image} Trade safe
Technical position GU, charts will be a bit messy cause there's a bit going on...
H1 - downtrend
-intraday- rebound time, deeply oversold with bullish divergence - but [color=red][email protected][/color]
H4
The 50 candle sma is now dynamic resistance / PA is trading below the 200 candle sma (sma's threatening to cross)
Daily
70 pips to target... PA is below the 50 day sma which remains tracking N and above the 200 sma technical uptrend intact, overbought conditions have been worked off looking for signs of reversal on a daily basis
No changes in trade management for now but becoming vigilant
Event risk USD core durable goods in a bit... I think the aeroplanes have finished crashing and all the wars are priced in...
.... lets wait and see but trend continuation or reversal will become topical next week
Looks like real trading... for a change
Teamwork...
Trade safe!
- #388,911
- Jul 25, 2014 4:17am Jul 25, 2014 4:17am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
So {image}
Ghost Rider - WWTBMD?
- #388,913
- Jul 25, 2014 4:22am Jul 25, 2014 4:22am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Beautiful color
<<<< Nice teeth!
Ghost Rider - WWTBMD?
- #388,914
- Jul 25, 2014 4:22am Jul 25, 2014 4:22am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
{quote} What
With me.
Intraday only.
- #388,915
- Jul 25, 2014 4:23am Jul 25, 2014 4:23am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote}
Ghost Rider - WWTBMD?
- #388,916
- Jul 25, 2014 4:26am Jul 25, 2014 4:26am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Howzit Technical position GU, charts will be a bit messy cause there's a bit going on... H1 - downtrend -intraday- rebound time, deeply oversold with bullish divergence - but [email protected] ("[email protected]") {image} H4 The 50 candle sma is now dynamic resistance / PA is trading below the 200 candle sma (sma's threatening to cross) {image} Daily 70 pips to target... PA is below the 50 day sma which remains tracking N and above the 200 sma technical uptrend intact, overbought conditions have been worked off looking for signs of reversal on a daily basis {image}...
You know what always gets me about that teamwork picture? The fact that they went ahead and connected the one rail anyway. 
Ghost Rider - WWTBMD?
- #388,917
- Jul 25, 2014 4:28am Jul 25, 2014 4:28am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
{quote} Howzit Technical position GU, charts will be a bit messy cause there's a bit going on... H1 - downtrend -intraday- rebound time, deeply oversold with bullish divergence - but [email protected] ("[email protected]") {image} H4 The 50 candle sma is now dynamic resistance / PA is trading below the 200 candle sma (sma's threatening to cross) {image} Daily 70 pips to target... PA is below the 50 day sma which remains tracking N and above the 200 sma technical uptrend intact, overbought conditions have been worked off looking for signs of reversal on a daily basis {image}...
- #388,918
- Jul 25, 2014 4:29am Jul 25, 2014 4:29am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Indeed ------>
Ghost Rider - WWTBMD?
- #388,919
- Jul 25, 2014 4:32am Jul 25, 2014 4:32am
- Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now
Hmm, no further down I see, might be still a good buy. I will wait for US to break EU's low and see how deep it brings GU, to buy 20-30 pips lower, hopefully.
Everyone can see the chart, but only a few can actually read it.
- #388,920
- Jul 25, 2014 4:34am Jul 25, 2014 4:34am
- Joined May 2014 | Status: From1toMillion | 9,471 Posts | Online Now
Everyone can see the chart, but only a few can actually read it.