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Cable Update (GBPUSD)

  • #390,101
  • Jul 30, 2014 10:12am Jul 30, 2014 10:12am
Quoting Fx-gtg
{quote} 1.7159 closed 1.6939 +220 pips
is that u hold for a month ?
  • #390,102
  • Jul 30, 2014 10:18am Jul 30, 2014 10:18am
Quoting HDA
{quote} @elbert3: I have demonstrated from start to finish, planned entry, execution, patience, reasoning and the profit to show with previous targets met and surpassed. Thank you for your lovely chart, I see all lines have crossed I remain short GBP/USD to 1.6760 I remain long GBP/CAD to 1.9000 HDA OUT
Holy COW, HDA!!

Although I did BLOW my account of 5 digit account as part of SHORT term Myopic VIEW, I must say that I could not believe how things move so far in your favour...

Look like Technical Analysis is just a nice TOY. Question remains how to know TRUTHs or make TRUTH available for so called average JOE kind of traders before I restart my journey with 5 digit account again.

In the meantime, have fun around!
  • #390,103
  • Jul 30, 2014 10:18am Jul 30, 2014 10:18am
Quoting Carlicus
{quote} Hi Chris!! I have been waiting veeery patiently (2 months I think) till I have recovered a little bit from my last stupid trade. I haven't posted cause i couldn't trade more since that would have been quite risky. How have you been my dear friend?
I am sorry for your loss but glad to see you back.

Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Ghost Rider - WWTBMD?
  • #390,104
  • Edited 10:32am Jul 30, 2014 10:22am | Edited 10:32am
Quoting HDA
{quote} @elbert3 Here we go again multiple nick names @nAVIN2007: I wasn't trying to prove anything to anyone, I was just sharing my trading plan. Thank you for the compliment Please provide authentic prove of these multiple nicknames that you say I have. Please share with absolute certainty the accusations you are suggesting. I have only one account with Forex Factory and none other. Waiting patiently. Please see previous post that I shared with elbert3, Sunday, July 27, 2014, at 6:20pm http://www.forexfactory.com/showthre...00#post7633900...



Quoting HDA
@nAVIN2007: I await your authentic proof of me having multiple usernames, I am calling you out SIR HDA OUT
i just read what i have perhaps missed seriously!!!!!!! can a guy simply not ask. I cannot believe from all that i have wrote it is taking negatively by most of this thread..i wasnt trying to be funny. HDA u dont need to show me a thing. I am sorry i asked, I meant the compliment

now lets get lucky
  • #390,105
  • Jul 30, 2014 10:24am Jul 30, 2014 10:24am
Looks like they are building up for another short wave.
Everyone can see the chart, but only a few can actually read it.
  • #390,106
  • Jul 30, 2014 10:26am Jul 30, 2014 10:26am
Quoting HDA
{quote} @Mr. Scott: Please answer that question HDA OUT EDIT: The reason I get alot of slack sometimes is that when I take a 3 months break or 6 months break or two year break from Forex Factory and have not been posting my calls and I come back and say I am long or short, its like, LIAR LIAR - but if you look at my history, I take breaks from Forex Factory because of my marriage and the issues my wife have with me sitting in front of a pc all day taking to traders and sharing everything I know for free and robbing her of her quality time with me....
Hi HDA,

Sorry must have missed that post.

1.67 from memory sir.

Can't sit in front of the pc all day.

Scott Out
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #390,107
  • Jul 30, 2014 10:27am Jul 30, 2014 10:27am
Quoting Fx-gtg
{quote} 1.7159 closed 1.6939 +220 pips
how many pips was your SL ?
  • #390,108
  • Jul 30, 2014 10:30am Jul 30, 2014 10:30am
Quoting HDA
{quote} @Carlicus: I remember you - The GREEN D extension has hit and I'm trading the retrace Please see your previous post with the exercise we did together when I was explaining to you how to analyze the GBP/USD using only FIBS and nothing else at all - on Thursday, May 8, 2014 at 7:32pm eastern, not Spain time http://www.forexfactory.com/showthre...18#post7458218 Here is your chart: {image} HDA OUT
Here you have the chart updated. Would you like me to trace some more fibs?
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  • #390,109
  • Jul 30, 2014 10:33am Jul 30, 2014 10:33am
Quoting albchr
{quote} I am sorry for your loss but glad to see you back. Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Don't worry Chris, I haven't had any losses for the moment. I only had negative trades in equity, but not in balance
Anyway, this shows I still have a lot to learn I have to be humble and learn the lessons mother market has taught me
  • #390,110
  • Jul 30, 2014 10:39am Jul 30, 2014 10:39am
Quoting albchr
{quote} I am sorry for your loss but glad to see you back. Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Hi matey you seem a good at heart type of guy.... and at the moment I sense some in security in your post above. Allow me to give you some advice... look more into fundamentals, understand local politics and economics of the pair you trade. Put aside the crutch of technical analysis for a while and trade with your eyes and mind open. Please take this as it is intended.
Peace & Pips
  • #390,111
  • Jul 30, 2014 10:40am Jul 30, 2014 10:40am
Quoting albchr
{quote} He's back! You've been missed Carlicus.
I second that i was saying just the thing ah Al,, hope your ok E
  • #390,112
  • Jul 30, 2014 10:44am Jul 30, 2014 10:44am
Looking at the rally in USD, it seems to me that Yellen won't want to prod it further. Anyone agree?
  • #390,113
  • Jul 30, 2014 10:45am Jul 30, 2014 10:45am
Quoting Didgeridoo
Looking at the rally in USD, it seems to me that Yellen won't want to prod it further. Anyone agree?
Sometimes, when I listen to her, I think she has no idea what she is talking about.
Everyone can see the chart, but only a few can actually read it.
  • #390,114
  • Jul 30, 2014 10:46am Jul 30, 2014 10:46am
Entering buy stop order 1X @ 1.6935 to open a long position.

Cable now trading 1.6904
Hear the music before the song is over ...
  • #390,115
  • Jul 30, 2014 10:48am Jul 30, 2014 10:48am
Quoting giveachance
{quote} well done if it gets executed. remember if usd/cad prints one more high for the day this pair may get doomed. 1.8450 acted as string resistance first time around.
Trade confirmation
On 30-Jul-2014 at 17:47:10 (GMT)
You sold USDCAD @ 1.09015 for value date 31-Jul-2014
Front office position id: 140375969
Account: 5589929

10 pip sl
  • #390,116
  • Jul 30, 2014 10:48am Jul 30, 2014 10:48am
Quoting elbert3
{quote} I second that i was saying just the thing ah Al,, hope your ok E
Hi Elbert!

Thanks for your nice words too my friend! For the moment I'm ok, although June was really really painful! Anyway, at least I haven't lost any money, all of the months this year I've been positive with the exception of June, when my earnings were plain 0.

I hope you have been fine too
  • #390,117
  • Jul 30, 2014 10:51am Jul 30, 2014 10:51am
Quoting OnlineAddict
{quote} Sometimes, when I listen to her, I think she has no idea what she is talking about.
Yeah. I don't know if she's doing that on purpose - to be as vague as humanly possible. I'm sure she's not that confusing when she goes drive-thru.
  • #390,118
  • Jul 30, 2014 10:59am Jul 30, 2014 10:59am
the big surprise to me was a weak jpy , don't think that's right

Quoting Bones
dow {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #390,119
  • Jul 30, 2014 11:00am Jul 30, 2014 11:00am
Quoting Greener
{quote} if GDP number disappoints, I would not advise following technicals...as it would be clear that you are trading gold for toilet paper. I am just curious to see how the market will weigh that possibility today
@greener

sorry for late reply, I don't bother with news since I trade longer term support/resistance, I don't trust any numbers what ever they are.

We are at the end of the month again 1.6875 could very well be support for next month up, we are in up trend still.

However price traded between 1.71/72 for 14 days, in my opinion major distribution occurred at historic resistance.

So if it moves up it will be capped somewhere, I will look for weakness on the daily chart at 1.7043 if it gets there, meanwhile holding short

for 1.66. Demo trader only so no personal risk and could be entirely wrong!
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  • #390,120
  • Jul 30, 2014 11:05am Jul 30, 2014 11:05am
Quoting OnlineAddict
Hmm, anyone buying 6886? Seems risky...but might be worth it. But if 6880 breaks, its better to wait for 6850-60.
Hmm, only see 6888 on my broker, too bad.
Everyone can see the chart, but only a few can actually read it.
362 traders viewing now, 1 is registered:
TKSoast