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Cable Update (GBPUSD)

  • #391,001
  • Aug 1, 2014 2:39pm Aug 1, 2014 2:39pm
right ,I dont understand this kind of trading , so you bet simple above 6800 say £10,they pay £20 ?

Quoting GlobalMacro
to me this week was important, had a 1:2 payoff if 1.6800 held{quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,002
  • Aug 1, 2014 2:40pm Aug 1, 2014 2:40pm
Quoting Bones
that's very true {quote}
:nerd:
Come with me if you want to live....
  • #391,003
  • Aug 1, 2014 2:41pm Aug 1, 2014 2:41pm
Quoting eliteincome
Gidday GBP/US Chased down shorts as per normal TP 1.68 an 1.675 Also had couple longs in the mix An 2 under water. Bad dog has bad habits My cleaner is starting to look all needy better go an see what see wants {image}
Be sure to remind her to clean under the desk
Come with me if you want to live....
  • #391,004
  • Aug 1, 2014 2:43pm Aug 1, 2014 2:43pm
Quoting Bones
untrustworthy , {image}

if not a reversal? , gonna see a pullback at least ..maybe
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #391,005
  • Aug 1, 2014 2:44pm Aug 1, 2014 2:44pm
Quoting GlobalMacro
{quote} nfp I almost thought 6800 gave way, lol, I might try this next month again , need do some more stochs analysis, find a level and put on a deal.
dont know about you but this last 2 days gbusd for me was crap i had good eur that i posted to you broke out the trend,,then i had that,,,,,,,,k laughing because he thought i lost ?? bet you he was sorry he opend his gob ,,
  • #391,006
  • Aug 1, 2014 2:46pm Aug 1, 2014 2:46pm
Quoting Bones
right ,I dont understand this kind of trading , so you bet simple above 6800 say £10,they pay £20 ? {quote}
GM if he is using this systerm its stacked againts other traders is that right
  • #391,007
  • Aug 1, 2014 2:55pm Aug 1, 2014 2:55pm
Quoting giveachance
{quote} look boss instead of targetting him why don't you answer my simple question. how will 1.90 come???
@giveachance:

Go and look at the GBP/CAD monthly chart, then it will be clear to you.

HDA OUT
  • #391,008
  • Aug 1, 2014 2:57pm Aug 1, 2014 2:57pm
Quoting elbert3
{quote} GM if he is using this systerm its stacked againts other traders is that right
no not really, risk would be -10 instead of +20 if level didn't hold by today
Hear the music before the song is over ...
  • #391,009
  • Aug 1, 2014 3:03pm Aug 1, 2014 3:03pm
Quoting GlobalMacro
{quote} no not really, risk is -10 instead of +20 if level not held
what you think double bottom, look at the week and look left old support back to 1.7,, if not its going 6775 then thats got to retrace from there ..??? enough now good night,,and thanks for today,,billy
  • #391,010
  • Aug 1, 2014 3:08pm Aug 1, 2014 3:08pm
Quoting elbert3
{quote} what you think double bottom, look at the week and look left old support back to 1.7,, if not its going 6775 then thats got to retrace from there ..??? enough now good night,,and thanks for today,,billy
next week yes could break 6800, no double bottom or anything of the sort yet....enjoy the weekend.
Hear the music before the song is over ...
  • #391,011
  • Aug 1, 2014 3:11pm Aug 1, 2014 3:11pm
Quoting HDA
{quote} @giveachance: Go and look at the GBP/CAD monthly chart, then it will be clear to you. HDA OUT
Attached Image (click to enlarge)
Click to Enlarge Name: gbcad.png Size: 121 KB
i had a look before ,yes it is pulling back but the white 10 ema ,, i use emas its pulling back to the white 10 ,and it has an indi arrow,,we will have to keep this chart ,,bones and GC are right but as you say on a smaller scale their right it is pulling back,,and yes it could go up to the fibs 50 % but how long,,but then does it matter
  • #391,012
  • Aug 1, 2014 3:19pm Aug 1, 2014 3:19pm
Quoting elbert3
{quote} {image} i had a look before ,yes it is pulling back but the white 10 ema ,, i use emas its pulling back to the white 10 ,and it has an indi arrow,,we will have to keep this chart ,,bones and GC are right but as you say on a smaller scale their right it is pulling back,,and yes it could go up to the fibs 50 % but how long,,but then does it matter
@elbert3:

It matters to the day trader, not the position trader

HDA OUT
  • #391,013
  • Aug 1, 2014 3:22pm Aug 1, 2014 3:22pm
gbp cad monthly last 2 months are not to be trusted ,I have a number or reasons why
id start with lower highs ,and then they are printed in a consolidation zone ,candles in consolidation only really work reliably at extremes ,
doji cross on weekly
without break of big red ,i say bottom to go,for deeper retrace
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnCAD monthly (DFB).png Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,014
  • Aug 1, 2014 3:23pm Aug 1, 2014 3:23pm
Quoting HDA
{quote} @elbert3: It matters to the day trader, not the position trader HDA OUT
billy out ,,night night
  • #391,015
  • Aug 1, 2014 3:27pm Aug 1, 2014 3:27pm
Quoting elbert3
{quote} billy out ,,night night
@elbert3:

I continue to trade my plan - night night

Thank you Bones, remember, I am not a GURU - I remain long GBP/CAD to 1.9000

HDA OUT
  • #391,016
  • Aug 1, 2014 3:28pm Aug 1, 2014 3:28pm
I am short
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD trade (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,017
  • Aug 1, 2014 3:33pm Aug 1, 2014 3:33pm
Quoting Bones
I am short {image}
@Bones:



I remain long GBP/CAD to 1.9000

I am not a GURU

HDA OUT
  • #391,018
  • Aug 1, 2014 3:53pm Aug 1, 2014 3:53pm
Quoting ill_be_back
Anybody Expecting any GAP next week
Yes, probably small gap up...10 pips+-.
Everyone can see the chart, but only a few can actually read it.
  • #391,019
  • Edited Aug 2, 2014 1:10am Aug 1, 2014 4:13pm | Edited Aug 2, 2014 1:10am
Not a GCad trader but by the looks of it some decent action coming in that market....

Pennant, generally bullish continuation pattern, 1.8000 should support consolidation this month,
sustained resistance break of 1.8700 needed to confirm the pattern tho.

Better break out fast or consolidation could turn into quick sand if it drags on.
Attached Image (click to enlarge)
Click to Enlarge Name: 1GCAD.png Size: 6 KB
Hear the music before the song is over ...
  • #391,020
  • Aug 1, 2014 5:48pm Aug 1, 2014 5:48pm
Quoting HDA
{quote} @giveachance: Go and look at the GBP/CAD monthly chart, then it will be clear to you. HDA OUT
Ok, I have mentioned here before I have some small problems but....

Took a look longer term.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCADMonthly81.jpg Size: 223 KB
Click to Enlarge Name: GBPCADMonthly812.jpg Size: 198 KB
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