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Cable Update (GBPUSD)

  • #389,661
  • Jul 29, 2014 7:56am Jul 29, 2014 7:56am
Quoting Piters
{quote} thanks mate.. all is great there.. just hate when I have to explain that taking profit at some levels has nothing to do with long position.. [especially when PA ranging for 4 days at very tight range] Just different level of Risk Assessment.. @HDA good job mate.. all the best..
@Piters:

Thanks man - just trying to make some money like everyone else


1.6750 is now in play - Extended take profit

Let's See What Happens

HDA OUT
  • #389,662
  • Jul 29, 2014 7:56am Jul 29, 2014 7:56am

Quoting Mr.Kane
{quote} EXACTLY !! {image}
1.7159 closed 1.6939
+220 pips
  • #389,663
  • Jul 29, 2014 7:56am Jul 29, 2014 7:56am
Quoting albchr
{quote} Why bother explaining really? Everybody has their frame of reference to go by and from what I've seen, nobody is ever likely to change that. So it's exactly the way it should be I reckon. I enjoy all the different views and methods of trading we see here. Doesn't mean I have to agree/disagree with any of them or change mine. I see it all as an advantage really. Having a grasp of all the different levels of trading just means we're prepared to deal with each as we reach them. It's all good.
I have to say..

I like your hat ...
  • #389,664
  • Jul 29, 2014 7:56am Jul 29, 2014 7:56am
Quoting Bones
your right Nav actually these are the easiest conditions to trade {quote}
the setup was quite clear i thought
  • #389,665
  • Jul 29, 2014 7:57am Jul 29, 2014 7:57am
@JimmyC:

Where you getting out? Talk to Me Mah Boy LoL


HDA OUT
  • #389,666
  • Jul 29, 2014 7:58am Jul 29, 2014 7:58am
Quoting elbert3
{quote} {image} as i said last time it hit ,price likes 20 ema,,
  • #389,667
  • Jul 29, 2014 7:58am Jul 29, 2014 7:58am
I am at lock profit. Targeting 1.69260 unless price begins to consolidate
  • #389,668
  • Jul 29, 2014 8:00am Jul 29, 2014 8:00am
Quoting thegmann
woke up to a nice 40+ pip gain short hit at 1.6989 last night TP set at +20 pips letting rest ride.
closed out my short +50 pips waiting game now on whether it goes up and continues the uptrend its had since around October/September of last year or if we see a break of this and a new downtrend. Time to get your popcorn ready
  • #389,669
  • Jul 29, 2014 8:03am Jul 29, 2014 8:03am
gbp cad is bearish consolidation don't let hda know


Quoting giveachance
Gbp/cad is doing a reversal. Shorts flipped to longs. Usd/cad. Support [email protected]
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD w1 (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,670
  • Jul 29, 2014 8:03am Jul 29, 2014 8:03am
Well, it's taken longer then I thought it would (not exactly our typical cable tank) but, let's see what happens when it gets here.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmdaily.PNG Size: 69 KB
Ghost Rider - WWTBMD?
  • #389,671
  • Jul 29, 2014 8:04am Jul 29, 2014 8:04am
Quoting HDA
@JimmyC: Where you getting out? Talk to Me Mah Boy LoL HDA OUT
if they don't know what to do.... today then...

Attached Image
  • #389,672
  • Jul 29, 2014 8:05am Jul 29, 2014 8:05am
Quoting Piters
{quote} I have to say.. I like your hat ...
It was given to me.
Ghost Rider - WWTBMD?
  • #389,673
  • Jul 29, 2014 8:07am Jul 29, 2014 8:07am
Quoting ill_be_back
{quote} Jackpot
... Nicely done!
Ghost Rider - WWTBMD?
  • #389,674
  • Jul 29, 2014 8:09am Jul 29, 2014 8:09am
That oblique rising support is at 1.69314 - > bulls? Its not looking good... As I said last week, this weeks debate will be trend reversal... Granny should clear the air tomorrow
  • #389,675
  • Jul 29, 2014 8:11am Jul 29, 2014 8:11am
Quoting albchr
{quote} ... Nicely done!

Should go DOWN some more for today
A good trader follows his rules, but great trader knows when to break them
  • #389,676
  • Jul 29, 2014 8:12am Jul 29, 2014 8:12am
Lets see if EU will follow
  • #389,677
  • Jul 29, 2014 8:12am Jul 29, 2014 8:12am
Quoting HDA
@JimmyC: Where you getting out? Talk to Me Mah Boy LoL HDA OUT
Put 1.671 -> noted momentum

Its now that moment

Weekly

Attached Image
  • #389,678
  • Jul 29, 2014 8:17am Jul 29, 2014 8:17am
Quoting nAVIN2007
{quote} look at the weekly chart..its crystal clear connect 3 lows to make a trendline (descending), u will see last weekly candle, closed below the trendline..the movement up today formed a trendline on the upside (descending as well)..there was only one place this mofo was going hope that helps
NZD? Well, was up on the weekly until the trendline was just broken. Still not so clear. How could you know before the facts?
Fix up, trade sharp ...
  • #389,679
  • Jul 29, 2014 8:19am Jul 29, 2014 8:19am
Quoting Bones
gbp cad is bearish consolidation don't let hda know {quote} {image}
What makes you say bearish consolidation. Its rather bullish to me and it gives me headaces becouse everything aligns well with GBP weakness except this beast
  • #389,680
  • Jul 29, 2014 8:19am Jul 29, 2014 8:19am
possibly that is a bearish pattern ,
Attached Image (click to enlarge)
Click to Enlarge Name: _DJIDaily in neck.png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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