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Cable Update (GBPUSD)

  • #391,601
  • Aug 6, 2014 9:44am Aug 6, 2014 9:44am
Quoting albchr
{quote} Just as I would wish you don't judge me by another. Do not judge yourself by another either. We all learn at different rates. Some faster, some slower. Doesn't matter. The Learning is all that does.
Very well said.Some don't make it.
http://www.forexfactory.com/showthread.php?t=50502
MAC quit after 9years of struggling
"
Im very disappointed and after 9 years of failure, Im just tired of it all to be honest
Thank you to all my subscribers and supporters here at FF"
In trading, you have to be defensive and aggressive at the same time
  • #391,602
  • Aug 6, 2014 9:49am Aug 6, 2014 9:49am
potentially its a bullish h1 ,if so little pullback, but I will hold for d1 or even h4
I doubt bullish signal
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,603
  • Aug 6, 2014 9:59am Aug 6, 2014 9:59am
Quoting Davit
{quote} Very well said.Some don't make it. http://www.forexfactory.com/showthread.php?t=50502 MAC quit after 9years of struggling " Im very disappointed and after 9 years of failure, Im just tired of it all to be honest Thank you to all my subscribers and supporters here at FF"
Hi Davit, Congrats on your pips brother!

We weren't talking about trading actually but the very same applies to it, as well as everything else.

For what it's worth, all I see is a typical 50% retrace of the last 4H stick here with 1 hour left to this one. Bias still short overall for me although I'm not trading today. Best wishes everyone.
Attached Image
Ghost Rider - WWTBMD?
  • #391,604
  • Aug 6, 2014 10:00am Aug 6, 2014 10:00am
cad s not to be shorted ,its time
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,605
  • Aug 6, 2014 10:06am Aug 6, 2014 10:06am
GU Daily

Howzit!

Trading plan remains active with extension targets and a re-entry at 1.6883 targeting support as per the dashed green line, the 200 sma price action / reaction is what will have me interested next...

RSI shows oversold conditions or the establishment of a downtrend. This would be the first time since July 5/6/7 2013 that the RSI has dropped below 30 on daily... So there may be merit in scaling out.... to close and begin looking for longs... next week

Attached Image


Trade safe
  • #391,606
  • Edited 10:25am Aug 6, 2014 10:11am | Edited 10:25am
ECAD LONG @ 1.46015 TP 16446 SL 3 below todays low

That dint take long S/O
A good trader follows his rules, but great trader knows when to break them
  • #391,607
  • Aug 6, 2014 10:24am Aug 6, 2014 10:24am
Quoting HDA
{quote} @Anti_Losses: It took me seven years to finally get it. Don't give up HDA OUT
cant agree more with Aniti_losses

i know forex for so long, but only getting serious about 1 year time...

coming into FF and being in this thread has taught me the most. Especially for this "patience“ technique... HDA Mr. Yelllow impressed me, and so to many others, i cant name you allllll haha. I will keep learning in here... quietly, so pls all gurus, post more LOL you have a loyal reader...

Lots love,
Wendy
  • #391,608
  • Aug 6, 2014 10:36am Aug 6, 2014 10:36am
Hi Wendy there are no gurus ,learn simple stuff , and learn to read higher tfs ,forget indicators ,forget 5 m chart

love bones x



Quoting wendyqq
{quote} cant agree more with Aniti_losses i know forex for so long, but only getting serious about 1 year time... coming into FF and being in this thread has taught me the most. Especially for this "patience“ technique... HDA Mr. Yelllow impressed me, and so to many others, i cant name you allllll haha. I will keep learning in here... quietly, so pls all gurus, post more LOL you have a loyal reader... Lots love, Wendy
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,609
  • Aug 6, 2014 10:40am Aug 6, 2014 10:40am
Quoting wendyqq
{quote} cant agree more with Aniti_losses i know forex for so long, but only getting serious about 1 year time... coming into FF and being in this thread has taught me the most. Especially for this "patience“ technique... HDA Mr. Yelllow impressed me, and so to many others, i cant name you allllll haha. I will keep learning in here... quietly, so pls all gurus, post more LOL you have a loyal reader... Lots love, Wendy
be caution when taking in to much info, the best way is to learn on your own :nerd:
  • #391,610
  • Aug 6, 2014 10:47am Aug 6, 2014 10:47am
Equities moving up now , will cable follow suit ?
C'mon....Les do move som''in'
Hear the music before the song is over ...
  • #391,611
  • Aug 6, 2014 10:48am Aug 6, 2014 10:48am
Quoting JimmyC
GU Daily Howzit! Trading plan remains active with extension targets and a re-entry at 1.6883 targeting support as per the dashed green line, the 200 sma price action / reaction is what will have me interested next... RSI shows oversold conditions or the establishment of a downtrend. This would be the first time since July 5/6/7 2013 that the RSI has dropped below 30 on daily... So there may be merit in scaling out.... to close and begin looking for longs... next week {image} Trade safe
After some review, lowering stops to 1.69528 (risk control and profit lock)

Approx 80 pips to target.

Holding short
  • #391,612
  • Aug 6, 2014 10:54am Aug 6, 2014 10:54am
Quoting JimmyC
{quote} After some review, lowering stops to 1.69528 (risk control and profit lock) Approx 80 pips to target. Holding short
I like it

Would like it even more if it were an 8 after 6 instead of a 9 ...
Hear the music before the song is over ...
  • #391,613
  • Aug 6, 2014 10:57am Aug 6, 2014 10:57am
Quoting GlobalMacro
{quote} I like it Would like it even more if it were an 8 after 6 instead of a 9 ...
Im sure you would GM.... looking for some liquidity eh!

Cheers
  • #391,614
  • Aug 6, 2014 11:00am Aug 6, 2014 11:00am
Quoting Zircon
Watch out Gbpjpy huge profit made selling short/ watch out gbpcad next soon?? 1.84050 next ??
Quoting cspip
{quote} 1.83900
Quoting Zircon
{quote} may your number is more accurate:??


May also get to 1.83515.........
  • #391,615
  • Aug 6, 2014 11:03am Aug 6, 2014 11:03am
cable has done what you said G up to ,850 ,now wait for break ..
consolidation as of now thats all
hda should close any longs at this point

Quoting GlobalMacro
Equities moving up now , will cable follow suit ? C'mon....Les do move som''in'
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD d1 6 engulf (DFB).png Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,616
  • Aug 6, 2014 11:07am Aug 6, 2014 11:07am
Quoting JimmyC
{quote} Im sure you would GM.... looking for some liquidity eh! Cheers
not at all Jimmy more than enough liquidity in the market ... it's just so that 1.6823 held earlier , looks like she's heading towards 1.6870-90 and then higher

what do you think ?
Hear the music before the song is over ...
  • #391,617
  • Aug 6, 2014 11:09am Aug 6, 2014 11:09am
this puppy slides good


Quoting GlobalMacro
GN not my thing. Rather trade futures , more lucrative.{quote}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp NZD h1 (DFB).png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,618
  • Aug 6, 2014 11:11am Aug 6, 2014 11:11am
Quoting Bones
I guess your looking at tl , {quote} {image}
Hey Bones,

That's a really cool layout on your trading platform. Really like the colors. What platform do you use?

PS… I realize it's got "Zip" to do with the current pathetic market, so I would like to take opportunity to spruce up my color schemes.
  • #391,619
  • Aug 6, 2014 11:12am Aug 6, 2014 11:12am
I wanna see her test 1.6870 too Tony , wasn't her own move earlier she got dragged down by the likes of gbp/jpy

That daily gcad is a monster

Quoting Bones
cable has done what you said G up to ,850 ,now wait for break .. consolidation as of now thats all hda should close any longs at this point {quote} {image}
Hear the music before the song is over ...
  • #391,620
  • Aug 6, 2014 11:15am Aug 6, 2014 11:15am
Quoting PoundTrader
{quote}be caution when taking in to much info, the best way is to learn on your own :nerd:
yes that's noted. i stick to my own plan and adjust it time to time...
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