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Cable Update (GBPUSD)

  • #391,381
  • Aug 5, 2014 10:17am Aug 5, 2014 10:17am
Quoting HDA
{quote} @Davit: Understood "Let's See What Happens" HDA OUT
Got triggered in minutes
20pips in profit already 2 positions combined
In trading, you have to be defensive and aggressive at the same time
  • #391,382
  • Aug 5, 2014 10:22am Aug 5, 2014 10:22am
Quoting Davit
{quote} Got triggered in minutes 20pips in profit already 2 positions combined
@Davit

So you got in at 1.8500 short

Understood



I would've waited higher, but I know you know how to handle your business

Make that money my friend

There is more than one way to skin a cat



HDA OUT
  • #391,383
  • Aug 5, 2014 10:31am Aug 5, 2014 10:31am
Quoting HDA
{quote} @Davit So you got in at 1.8500 short Understood I would've waited higher, but I know you know how to handle your business Make that money my friend There is more than one way to skin a cat HDA OUT
HDA
Here is my thought process
Since March of 2014 GC has been in a range.Notice sharp zig zag price movement.
Today we had 106 pip move on average 20days 80 meaning day is done correction most likely to follow
REgards
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.Daily.png Size: 60 KB
In trading, you have to be defensive and aggressive at the same time
  • #391,384
  • Aug 5, 2014 10:32am Aug 5, 2014 10:32am
Quoting Hickson
{quote} Well done ...watching you stacking the money on this one from the beach.
All the Beautiful things to watch on the Beach & u have your eyes on the Green Monster
A good trader follows his rules, but great trader knows when to break them
  • #391,385
  • Aug 5, 2014 10:36am Aug 5, 2014 10:36am
Quoting Davit
{quote} HDA Here is my thought process Since March of 2014 GC has been in a range.Notice sharp zig zag price movement. Today we had 106 pip move on average 20days 80 meaning day is done correction most likely to follow REgards {image}
@Davit:

Please look at the WEEKLY - USD/CAD

There is a 200pip run USD/CAD to go long which is a 400pip run on the GBP/CAD long

Let's See What Happens

HDA OUT
  • #391,386
  • Aug 5, 2014 10:38am Aug 5, 2014 10:38am
Quoting grayd22
{quote} Why do you think it will go down ? some fundametal reasons?
The Daily DOWNTREND is not over yet, This is just a pullback on the Daily
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #391,387
  • Aug 5, 2014 10:45am Aug 5, 2014 10:45am
Quoting cspip
{quote} {quote} Our GJ 173.000 from 4 days ago got hit and ..........also 173.256 just today to the pip.........
A good trader follows his rules, but great trader knows when to break them
  • #391,388
  • Aug 5, 2014 11:13am Aug 5, 2014 11:13am
dreamer ,
im still short

Quoting HDA
@albchr: GBP/CAD is running away again I remain long GBP/CAD to 1.9000 http://www.youtube.com/watch?v=v3qlBM9vAW8 {quote} {image} HDA OUT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,389
  • Aug 5, 2014 11:13am Aug 5, 2014 11:13am
1.7 here we come!
All posts are my personal opinion
  • #391,390
  • Aug 5, 2014 11:20am Aug 5, 2014 11:20am
Quoting HDA
{quote} @Davit: Please look at the WEEKLY - USD/CAD There is a 200pip run USD/CAD to go long which is a 400pip run on the GBP/CAD long Let's See What Happens HDA OUT
Sometimes you actually make sense.

Probably not today and running into some roadblocks, but can we look longer term? Also, look there are some short set ups as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADDaily85.jpg Size: 202 KB
Click to Enlarge Name: GBPCADDaily85.jpg Size: 159 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #391,391
  • Aug 5, 2014 11:21am Aug 5, 2014 11:21am
Quoting Bones
dreamer , im still short {quote}
@Bones:



I'm still long

I am not a GURU

HDA OUT
  • #391,392
  • Aug 5, 2014 11:23am Aug 5, 2014 11:23am
Quoting ill_be_back
{quote} All the Beautiful things to watch on the Beach & u have your eyes on the Green Monster
Market addicted I guess. Btw Cable did not break higher ...interesting.
Fix up, trade sharp ...
  • #391,393
  • Aug 5, 2014 11:24am Aug 5, 2014 11:24am
Quoting Mr. Scott
{quote} Sometimes you actually make sense. Probably not today and running into some roadblocks, but can we look longer term? Also, look there are some short set ups as well. {image} {image}
@Mr. Scott:

I know - sometimes that's why I keep saying, I'm not a GURU

Love your levels

Let's See What Happens

HDA OUT
  • #391,394
  • Aug 5, 2014 11:24am Aug 5, 2014 11:24am
Quoting IveGotQuads
{quote} Thanks I usually trade the 15 min time frames as I would consider myself an intraday trader but I have never had the patience for a positional sort of trade that involved pyramiding due to the occasional break even nature that occurs. Markets have been trending lately and I feel like I have been missing these opportunities to bank shattering year-like profits. Keep up the good work I shall try and post more trades often
It's funny - I've tried all sorts of time frames - but for me nothing beats the satisfaction of building positions and holding them. I try and enter like an intraday trader get it to break in, forget about it and look for the next one. Eventually (and it can take a long time), you find you have a total position bigger than you could have ever had with a simple one in, one out approach.

I can genuinly say I find position/long term swing trading more exciting than any other type of trading... but that's just me.
  • #391,395
  • Aug 5, 2014 11:26am Aug 5, 2014 11:26am
Quoting HDA
@albchr: GBP/CAD is running away again I remain long GBP/CAD to 1.9000 http://www.youtube.com/watch?v=v3qlBM9vAW8 {quote} {image} HDA OUT
... the mean people will come out.... ...
Ghost Rider - WWTBMD?
  • #391,396
  • Aug 5, 2014 11:26am Aug 5, 2014 11:26am
Quoting Hickson
{quote} Market addicted I guess. Btw Cable did not break higher ...interesting.
@Hickson:

I remain short GBP/USD to 1.6760

HDA OUT
  • #391,397
  • Aug 5, 2014 11:27am Aug 5, 2014 11:27am
Quoting Mr. Scott
{quote} Sometimes you actually make sense. Probably not today and running into some roadblocks, but can we look longer term? Also, look there are some short set ups as well. {image} {image}
Ghost Rider - WWTBMD?
  • #391,398
  • Aug 5, 2014 11:30am Aug 5, 2014 11:30am
I know what I'm gonna do ,I'm gonna keep telling you I'm short till it comes back to me ,actually not far from my entry now ,
haha

Quoting HDA
{quote} @Bones: I'm still long I am not a GURU HDA OUT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,399
  • Aug 5, 2014 11:35am Aug 5, 2014 11:35am
Quoting hollowhead
{quote} It's funny - I've tried all sorts of time frames - but for me nothing beats the satisfaction of building positions and holding them. I try and enter like an intraday trader get it to break in, forget about it and look for the next one. Eventually (and it can take a long time), you find you have a total position bigger than you could have ever had with a simple one in, one out approach. I can genuinly say I find position/long term swing trading more exciting than any other type of trading... but that's just me.
@hollowhead:

The intraday traders, keep the market moving for us, so in a sense, position traders, buy hold and let the intraday traders do all the work to take the market to our target.

Stress Free Trading. for the position trader

Some position traders view it from the stand point that intraday traders work for position traders

As long as we are both making money, I'm cool with everyone being happy

HDA OUT
  • #391,400
  • Aug 5, 2014 11:38am Aug 5, 2014 11:38am
Quoting Bones
I know what I'm gonna do ,I'm gonna keep telling you I'm short till it comes back to me ,actually not far from my entry now , haha {quote}
@Bones:



Understood

Your entry is 1.8393 short, correct??? Please correct me if I'm wrong, I do make mistakes a lot.

http://www.forexfactory.com/attachme...1&d=1406932129


Hang in there my friend, let us both make some money


HDA OUT
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