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Cable Update (GBPUSD)

  • #391,881
  • Aug 7, 2014 11:14am Aug 7, 2014 11:14am
holy sheep ,I hope your watching jpy pairs

Quoting GlobalMacro
Hi Tony, consolidation agreed but may be short-lived if stuff gets messy outside of forex markets , tl would be up for grabs as a result but eur would have to go first in a situation like that , it's deeper in {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,882
  • Aug 7, 2014 11:18am Aug 7, 2014 11:18am
tl could be problem on toes ,jpy

Quoting Bones
its major bear ,please see dow, {quote}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #391,883
  • Aug 7, 2014 11:19am Aug 7, 2014 11:19am
Quoting Nate04
Put in a Long order @ 1.68369 SL @ 1.68133 TP @ 1.68843 Risking 5% to make 10%
Trade was taken. Now to see what happens.
  • #391,884
  • Aug 7, 2014 11:20am Aug 7, 2014 11:20am
A/J most dramatic locked on swing , then double top........." See ya , don't wanna be ya "

Quoting Bones
holy sheep ,I hope your watching jpy pairs {quote}
Hear the music before the song is over ...
  • #391,885
  • Aug 7, 2014 11:34am Aug 7, 2014 11:34am
Quoting Beli
{quote} Dont want to sell it there,just see as strong resistance,price try twice at 06.08 here to break up but didn't make it... Also H4 have many candles in that zone on actual chart We'll see whats gona happened if come here again,next could be 1.692x
Good one. You're doing well
Hear the music before the song is over ...
  • #391,886
  • Aug 7, 2014 11:41am Aug 7, 2014 11:41am
Quoting ill_be_back
{quote} Was S/O of my GJ Short earlier, But I am Back IN I think GJ is Going DOWN BIG

Should go to 171.00 then up to 171.4xx then DOWN TO 170.2XX
A good trader follows his rules, but great trader knows when to break them
  • #391,887
  • Aug 7, 2014 11:44am Aug 7, 2014 11:44am
Quoting cspip
{quote} lots of lines....... what did you mean though ?
Attached Image (click to enlarge)
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sorry i had to go
  • #391,888
  • Aug 7, 2014 11:55am Aug 7, 2014 11:55am
Have a pending L at 6825

RSI is too low, need a retrace to 6972
  • #391,889
  • Aug 7, 2014 12:01pm Aug 7, 2014 12:01pm
Quoting Donny_aw
{quote} If we use ichimoku indicator, there is kijun sen line at 6842... need time to break thru.

owww tht was finally broken
  • #391,890
  • Aug 7, 2014 12:03pm Aug 7, 2014 12:03pm
Quoting sami4240
{quote} owww tht was finally broken
i think greed has got me i dont know when to pull the profit
  • #391,891
  • Aug 7, 2014 12:06pm Aug 7, 2014 12:06pm
Quoting elbert3
{quote} i think greed has got me i dont know when to pull the profit


greed is the one thing which can make you a billionaire or zerolinare...
  • #391,892
  • Aug 7, 2014 12:07pm Aug 7, 2014 12:07pm
Quoting elbert3
{quote} i think greed has got me i dont know when to pull the profit

is there any seprate thread for AUD pairs?
  • #391,893
  • Aug 7, 2014 12:08pm Aug 7, 2014 12:08pm
Quoting Pharm0r
Have a pending L at 6825 RSI is too low, need a retrace to 6972
Careful with that one Pharm0r. Especially if using the 8 setting. RSI can remain low for days or longer even with the default 14 setting. Not saying it will, just saying it can.
Ghost Rider - WWTBMD?
  • #391,894
  • Aug 7, 2014 12:10pm Aug 7, 2014 12:10pm
Quoting elbert3
{quote} i think greed has got me i dont know when to pull the profit
LOL... easy fix. Bank em when you got em.

Anyway folks, have a great day. I'm beat.
Ghost Rider - WWTBMD?
  • #391,895
  • Aug 7, 2014 12:14pm Aug 7, 2014 12:14pm
Quoting sami4240
{quote} is there any seprate thread for AUD pairs?
yes any pairs you will find most majors
  • #391,896
  • Aug 7, 2014 12:15pm Aug 7, 2014 12:15pm
Quoting albchr
{quote} LOL... easy fix. Bank em when you got em. Anyway folks, have a great day. I'm beat.
Attached Image (click to enlarge)
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this could fall out of bed,,do you remember last week i clicked sell by mistake and i kept it,,,thats fate i think Chris .lol
  • #391,897
  • Aug 7, 2014 12:17pm Aug 7, 2014 12:17pm
Quoting albchr
{quote} Careful with that one Pharm0r. Especially if using the 8 setting. RSI can remain low for days or longer even with the default 14 setting. Not saying it will, just saying it can.
Absolutely: I'm aware RSI is tricky, and often lies.

But once we tag 10 or below (or 90+) at a heavy support/resistance, then the trade becomes obvious to me.

That and the following reasons in order of importance

1. USD is over valued, I've been saying this since GDP was 4%.
2. RR for me is about 1:6 (not counting any additional trades)
3. Weekly/Monthly bullish as well
4. 6972 is right on a mid (fib)

Mostly though, the RSI and Dollar are driving this trade.

Thanks for looking out
  • #391,898
  • Aug 7, 2014 12:18pm Aug 7, 2014 12:18pm
Quoting sami4240
{quote} greed is the one thing which can make you a billionaire or zerolinare...
Trade confirmation
On 07-Aug-2014 at 17:16:53 (GMT)
You bought 5 GBPJPY @ 171.939 for value date 11-Aug-2014
Front office position id: 140597681
Account: 5589929

that will do
  • #391,899
  • Aug 7, 2014 12:18pm Aug 7, 2014 12:18pm
Quoting albchr
{quote} LOL... easy fix. Bank em when you got em. Anyway folks, have a great day. I'm beat.

im thinking to arrest draghi and carney so that both pairs can go up...lol

kidding don't be serious Bears..
  • #391,900
  • Aug 7, 2014 12:21pm Aug 7, 2014 12:21pm
Just wondered ,why you don't just post chart with trade ?

Quoting elbert3
{quote} Trade confirmation On 07-Aug-2014 at 17:16:53 (GMT) You bought 5 GBPJPY @ 171.939 for value date 11-Aug-2014 Front office position id: 140597681 Account: 5589929 that will do
On-site guru & also FF member's' psychiatrist, when not drinking tea
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