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Cable Update (GBPUSD)

  • #393,201
  • Aug 13, 2014 5:59am Aug 13, 2014 5:59am
Quoting HDA
{quote} @Bones: If you don't see it, don't trade it Lets See What Happens Please note, let it be clearly said, that when everyone was calling short - HDA albchr aka KING OF COMEDY JimmyC aka THE CONSCIENCE called long and everyone thinks I'm crazy. Lets See What Happens HDA OUT
That is human behavior. I have always reminded myself that when everyone is calling in whatever direction, and it seems so real that even my emotion is telling me that it is true, I just tell myself to do the opposite. Just looking at the history of the major pairs, match those up and down trend with what most people at the forums had said, usually it is near the top or near the bottom. And in the recent 1 year or so, I saw that usually the reverse is coming when in a downtrend suddenly a flush down or in an uptrend a sudden rush up, it is about time to do the opposite... This usually holds true. But do not bet the whole fortune on it, rather do a proper MM and decide the right sizing for such entries. Many people would disagree with me but that is the way I trade.
  • #393,202
  • Aug 13, 2014 6:10am Aug 13, 2014 6:10am
your be ok next year

Quoting Darkforce
{quote} You talked about 1.6760 when we were above 1.71, it does take a bit patience but we got here. Now how much patience do we need to see 1.71 again?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,203
  • Aug 13, 2014 6:10am Aug 13, 2014 6:10am
Quoting forexings
Another drop pending today. No matter what US data come out. Bear will use that volatility
nice call on that forexings, same values on my charts
forex forex forex
  • #393,204
  • Aug 13, 2014 6:11am Aug 13, 2014 6:11am
Attached Image (click to enlarge)
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could be no let up till 6630 ?
  • #393,205
  • Aug 13, 2014 6:11am Aug 13, 2014 6:11am
What a fantastic spike up pound made on us news....
  • #393,206
  • Aug 13, 2014 6:26am Aug 13, 2014 6:26am
Quoting GlobalMacro
{quote} Hi Jhon, in full agreement with your levels here as well. Catalyst will be the speech , this time 2moro things will be clearer .
Hi G!, nice trade, we need a close today below 1.67
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #393,207
  • Aug 13, 2014 6:34am Aug 13, 2014 6:34am
Quoting Darkforce
{quote} You talked about 1.6760 when we were above 1.71, it does take a bit patience but we got here. Now how much patience do we need to see 1.71 again?
6 weeks, give or take.
Ghost Rider - WWTBMD?
  • #393,208
  • Aug 13, 2014 6:45am Aug 13, 2014 6:45am
Quoting HDA
{quote} @Bones: My Dear Friend Bones Yes HDA is long GBP/USD to 1.7100 and 1.7300 Thank you for the reminder Happy Trading I hope this goes against me so I can add my second scaling in trade - come on GBP/USD - go against me - head for the DEMAND ZONE This is my Trading plan if you don't see it - don't trade it HDA OUT
Demand zone @200 dma
Get Rich or Die Tryin
  • #393,209
  • Aug 13, 2014 6:45am Aug 13, 2014 6:45am
How will Scottisch Independence factor in the GU movement? any insights?
  • #393,210
  • Aug 13, 2014 6:56am Aug 13, 2014 6:56am
Quoting albchr
{quote} 6 weeks, give or take.
6 weeks for 400 pips sounds very attractive, I think I am in for this!!!
  • #393,211
  • Aug 13, 2014 6:57am Aug 13, 2014 6:57am
Quoting Bones
your be ok next year {quote}
lol.....
  • #393,212
  • Aug 13, 2014 7:01am Aug 13, 2014 7:01am
Quoting 21vs7
{quote} do you have any stat to confirm this or are we just saying this rather


Ok,no everytime....meny times just
  • #393,213
  • Aug 13, 2014 7:05am Aug 13, 2014 7:05am
open a sell then

Quoting Darkforce
{quote} 6 weeks for 400 pips sounds very attractive, I think I am in for this!!!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,214
  • Aug 13, 2014 7:11am Aug 13, 2014 7:11am
Quoting Bones
open a sell then {quote}
I am thinking more about a long.

6 weeks of red bars in a streak, last time this kind of streak happened was in 2008!
Attached Image (click to enlarge)
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  • #393,215
  • Aug 13, 2014 7:16am Aug 13, 2014 7:16am
1.6685 ?
  • #393,216
  • Aug 13, 2014 7:16am Aug 13, 2014 7:16am
Quoting cspip
1.6685 ?
looking possible at the moment
  • #393,217
  • Aug 13, 2014 7:16am Aug 13, 2014 7:16am
there is no long
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,218
  • Aug 13, 2014 7:18am Aug 13, 2014 7:18am
here some thoughts from citifx ,
Attached Image

I think longs are somehow vulnerable at the moment .
Get Rich or Die Tryin
  • #393,219
  • Aug 13, 2014 7:21am Aug 13, 2014 7:21am
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fast through the chance of a double bottom to make it to the line i hope 26 looked to be the number
  • #393,220
  • Aug 13, 2014 7:24am Aug 13, 2014 7:24am
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cant see the ext, 61% today ,,but you never know with this thing
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