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Cable Update (GBPUSD)

  • #389,841
  • Jul 30, 2014 6:16am Jul 30, 2014 6:16am
Target , this my opinion. but still SL + first
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  • #389,842
  • Jul 30, 2014 6:16am Jul 30, 2014 6:16am
nice h1 pin with confirm ,
stilll only h1 ,but in line with daily
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,843
  • Jul 30, 2014 6:20am Jul 30, 2014 6:20am
Quoting Greener
{quote} well, provided that IMF is not deemed as the most trustworthy institution when it comes to public statements, nothing is overvalued if compared to toilet paper.

Yes,but you can buy oil only for that toilet paper,remember what's happened to Gaddafi...he wanted to start selling oil for eur!
  • #389,844
  • Jul 30, 2014 6:20am Jul 30, 2014 6:20am
Quoting Wuza
{quote} There's one more thing that should be taken into consideration with what Greener said.. as Great Britain GDP is almost 80% services based and as You've said they don't export much stuff. Great Britain may gain alot on the new Europen Union Sanctions as they are the economy which should not be harmed by economic sanctions.. Also Pund should be considered as "Safe Heaven" versus Euro
Exactly. Also the geographical advantage under such circumstances which is not to be underestimated.
Hear the music before the song is over ...
  • #389,845
  • Jul 30, 2014 6:22am Jul 30, 2014 6:22am
don't take any position now. this may be book cleaning activity before imp data
  • #389,846
  • Jul 30, 2014 6:32am Jul 30, 2014 6:32am
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
Quoting GlobalMacro
{quote} Sell stop order not triggered yet. Today's low 1.6929. Still in longs. Will pull the new orders just before figures are released if not filled by then.

Price scratching at 1.6929 only, unable to break it convincingly.

Pulling the new orders, resetting the original stop loss at 1.6910.


Here's how I'm gonna be cruising through the figures:

long @ 1.6980

t/p : open

s/l : 1.6910

See y'all on the other side. Crunch Time.
Hear the music before the song is over ...
  • #389,847
  • Jul 30, 2014 6:33am Jul 30, 2014 6:33am
btw that pin is nicer gbp cad

Quoting Bones
nice h1 pin with confirm , stilll only h1 ,but in line with daily {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,848
  • Jul 30, 2014 6:34am Jul 30, 2014 6:34am
Quoting giveachance
don't take any position now. this may be book cleaning activity before imp data
True i would wait till ADP is out
  • #389,849
  • Jul 30, 2014 6:34am Jul 30, 2014 6:34am
Quoting GlobalMacro
{quote} {quote} Price scratching at 1.6929 only, unable to break it convincingly. Pulling the new orders, resetting the original stop loss at 1.6910. Here's how I'm gonna be cruising through the figures: long @ 1.6980 t/p : open s/l : 1.6910 See y'all on the other side. Crunch Time.
Might be too tight for a day like that and with US GBP numbers in less then 60 minutes. But overall it's still bullish and that move from 1,72 is to be considered as correction.
  • #389,850
  • Jul 30, 2014 6:36am Jul 30, 2014 6:36am
Quoting GlobalMacro
{quote} {quote} Price scratching at 1.6929 only, unable to break it convincingly. Pulling the new orders, resetting the original stop loss at 1.6910. Here's how I'm gonna be cruising through the figures: long @ 1.6980 t/p : open s/l : 1.6910 See y'all on the other side. Crunch Time.
i would wait till 1.6900 to see how it acts then go long
  • #389,851
  • Jul 30, 2014 6:49am Jul 30, 2014 6:49am
Quoting GlobalMacro
{quote} {quote} Price scratching at 1.6929 only, unable to break it convincingly. Pulling the new orders, resetting the original stop loss at 1.6910. Here's how I'm gonna be cruising through the figures: long @ 1.6980 t/p : open s/l : 1.6910 See y'all on the other side. Crunch Time.
@GlobalMarco:

Your stop loss at 1.6910 is going to get hit.

HDA OUT
  • #389,852
  • Jul 30, 2014 6:53am Jul 30, 2014 6:53am
Quoting HDA
Traders Just to be clear Regardless of whatever the FOMC statement says, I remain short. HDA OUT
I like this. It is a "trademark" of yours.
Just curious about what if sanctions was not announce on Tuesday, you will still be convinced that the number will come BUT delayed instead?
  • #389,853
  • Jul 30, 2014 6:54am Jul 30, 2014 6:54am
dont worry he will move it again

Quoting HDA
{quote} @GlobalMarco: Your stop loss at 1.6910 is going to get hit. HDA OUT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,854
  • Jul 30, 2014 6:58am Jul 30, 2014 6:58am
you having any trades? any positions? anything at all?




Quoting Bones
dont worry he will move it again {quote}
Hear the music before the song is over ...
  • #389,855
  • Jul 30, 2014 6:59am Jul 30, 2014 6:59am
Quoting Bones
dont worry he will move it again {quote}
@Bones:



I hope he does more money elbert3, albchr and HDA

HDA OUT

On a serious note though, Bones, lets not make fun of his trade. He is trying.
  • #389,856
  • Jul 30, 2014 7:00am Jul 30, 2014 7:00am
Quoting HDA
{quote} @GlobalMarco: Your stop loss at 1.6910 is going to get hit. HDA OUT
Strong confident words, i like it
  • #389,857
  • Jul 30, 2014 7:01am Jul 30, 2014 7:01am
bought some gbp/cad here. will load more if it goes lower.
  • #389,858
  • Jul 30, 2014 7:02am Jul 30, 2014 7:02am
The Cable continue testing the lower horizontal lines after breaking the previous ones. I wish 1.6920-10 can become important support for the pair before it tests 1.6880 and 1.6830 levels. I maintain my bearish outlook.
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  • #389,859
  • Jul 30, 2014 7:02am Jul 30, 2014 7:02am
Quoting HDA
{quote} @GlobalMarco: Your stop loss at 1.6910 is going to get hit. HDA OUT
If price reaches that low, it's ok. This is the purpose of risk control.
Don't wanna get caught in endless drawdowns.
Hear the music before the song is over ...
  • #389,860
  • Jul 30, 2014 7:03am Jul 30, 2014 7:03am
Quoting Anti_Losses
{quote} I like this. It is a "trademark" of yours. Just curious about what if sanctions was not announce on Tuesday, you will still be convinced that the number will come BUT delayed instead?

@Anti_Losses:


I only trade facts. That is the fact and I used it as added confirmation (another reason) to hold short.

I don't trade, what if?

HDA OUT
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