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Cable Update (GBPUSD)

  • #390,461
  • Jul 31, 2014 9:11am Jul 31, 2014 9:11am
looks like a monthly close bs to me. might just go higher still but don't see it beyond 6920.
  • #390,462
  • Jul 31, 2014 9:11am Jul 31, 2014 9:11am
Quoting GlobalMacro
so @HDA the options expiration man what the facts on your side....options expired...we're still above 1.6850....up or down? facts only pls?
Those options mean nothing, its a hit or miss thing, don't trade by them. I don't think their volume(millions) means anything on a trillion dollar market.
Everyone can see the chart, but only a few can actually read it.
  • #390,463
  • Jul 31, 2014 9:12am Jul 31, 2014 9:12am
Quoting OnlineAddict
Missed the long train on GU...whats next? Short 6895 or 6905, who is with me?
I took a cheeky long @ 6870 tp 6895 .
Get Rich or Die Tryin
  • #390,464
  • Jul 31, 2014 9:12am Jul 31, 2014 9:12am
Quoting giveachance
looks like a monthly close bs to me. might just go higher still but don't see it beyond 6920.
So far, monthly looks unchanged, uptrend valid. Only if august is bearish, too, its over with bulls probably.
Everyone can see the chart, but only a few can actually read it.
  • #390,465
  • Jul 31, 2014 9:12am Jul 31, 2014 9:12am
1.6864 seems like a good level for support….. maybe now we start a rally back up to 1.7 for next wk
  • #390,466
  • Jul 31, 2014 9:13am Jul 31, 2014 9:13am
Quoting OnlineAddict
{quote} So far, monthly looks unchanged, uptrend valid. Only if august is bearish, too, its over with bulls probably.
monthly looks unchanged??? monthly is very beraish now and we can go to 6700 easily if NFP is a hit. tomorrow's NFP is going to be a 100 piper either side
  • #390,467
  • Jul 31, 2014 9:14am Jul 31, 2014 9:14am
89 Oh yeah thats what Im talkin bout.....scalpin time BABY
Hear the music before the song is over ...
  • #390,468
  • Jul 31, 2014 9:14am Jul 31, 2014 9:14am
Quoting OnlineAddict
{quote} Those options mean nothing, its a hit or miss thing, don't trade by them. I don't think their volume(millions) means anything on a trillion dollar market.
options tend to put pressure on market as a magnitude for price .dont underestimate it.
Get Rich or Die Tryin
  • #390,469
  • Jul 31, 2014 9:15am Jul 31, 2014 9:15am
Quoting JimmyC
Watching PA for potential scale in
Ghost Rider - WWTBMD?
  • #390,470
  • Jul 31, 2014 9:16am Jul 31, 2014 9:16am
Quoting GlobalMacro
{quote} what now? I mma be slappin this b/*!ct if she reverses on me one more time
i had to reboot the f,,,g pc,,,, i dont know at this time we should of went long could wait now in the middle and i have to put all my tl in ,,
  • #390,471
  • Jul 31, 2014 9:17am Jul 31, 2014 9:17am
Quoting elbert3
{quote} i had to reboot the f,,,g pc,,,, i dont know at this time we should of went long could wait now in the middle and i have to put all my tl in ,,
there is no long elbert. market is fooling you into taking a long
  • #390,472
  • Jul 31, 2014 9:19am Jul 31, 2014 9:19am
Quoting OnlineAddict
{quote} Those options mean nothing, its a hit or miss thing, don't trade by them. I don't think their volume(millions) means anything on a trillion dollar market.
Couldn't agree more. But maybe HDA can weigh in on this...he was saying market's gonna tank after 10 a.m. expiration....it rallied instead
Hear the music before the song is over ...
  • #390,473
  • Jul 31, 2014 9:19am Jul 31, 2014 9:19am
Quoting giveachance
{quote} monthly looks unchanged??? monthly is very beraish now and we can go to 6700 easily if NFP is a hit. tomorrow's NFP is going to be a 100 piper either side
Every other month so far has been bearish. Bear always smaller candle than previous bull. Where is the change? Unless we break last month's low, its unchanged. If we break it in august, its bear, yes.
Everyone can see the chart, but only a few can actually read it.
  • #390,474
  • Jul 31, 2014 9:19am Jul 31, 2014 9:19am
Quoting GlobalMacro
89 Oh yeah thats what Im talkin bout.....scalpin time BABY
Trade confirmation
On 31-Jul-2014 at 14:18:23 (GMT)
You sold 5 GBPUSD @ 1.68833 for value date 04-Aug-2014
Front office position id: 140401894
Account: 5589929

sl 90 add if past 68 pp asap
  • #390,475
  • Jul 31, 2014 9:20am Jul 31, 2014 9:20am
Quoting GlobalMacro
{quote} Couldn't agree more. But maybe HDA can weigh in on this...he was saying market's gonna tank after 10 a.m. expiration....it rallied instead
LOL Don't trade what someone else is saying, just because people think he has some secret insider information.
Everyone can see the chart, but only a few can actually read it.
  • #390,476
  • Jul 31, 2014 9:20am Jul 31, 2014 9:20am
Quoting GlobalMacro
{quote} out @ 70 , long 2X @ 70
LTF pin...OK out @ 87
Hear the music before the song is over ...
  • #390,477
  • Jul 31, 2014 9:22am Jul 31, 2014 9:22am
Quoting elbert3
{quote} Trade confirmation On 31-Jul-2014 at 14:18:23 (GMT) You sold 5 GBPUSD @ 1.68833 for value date 04-Aug-2014 Front office position id: 140401894 Account: 5589929 sl 90 add if past 68 pp asap
HDA ring them ,tell them were running late
  • #390,478
  • Jul 31, 2014 9:23am Jul 31, 2014 9:23am
Wow just wow, so many short sighted traders here... the market reverse by 15 pips and its oh sh*t the trend is changing...
Peace & Pips
  • #390,479
  • Jul 31, 2014 9:24am Jul 31, 2014 9:24am
Quoting GlobalMacro
{quote} LTF pin...OK out @ 87
OK let's see what is done today....

1 x -16 = -16

2 x 0 = 0

2 x +17 = +34

that makes: +18

Q: do I like scalpin?
A: don't know yet...but I liked the low risk.
Hear the music before the song is over ...
  • #390,480
  • Jul 31, 2014 9:25am Jul 31, 2014 9:25am
its worse than that he makes them up

Quoting OnlineAddict
{quote} Those options mean nothing, its a hit or miss thing, don't trade by them. I don't think their volume(millions) means anything on a trillion dollar market.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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