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Cable Update (GBPUSD)

  • #393,341
  • Aug 13, 2014 3:11pm Aug 13, 2014 3:11pm
Quoting Hickson
{quote} Did he die or is he at some lonely beach island with cocktails and two girls waving fresh air via palm leaves?
idk. hope its the latter.
  • #393,342
  • Aug 13, 2014 3:12pm Aug 13, 2014 3:12pm
Quoting ill_be_back
{quote} Whats your SL
100pips trailing
  • #393,343
  • Aug 13, 2014 3:12pm Aug 13, 2014 3:12pm
Quoting bodkins
{quote} idk. hope its the latter.
Yeah, probably.
Fix up, trade sharp ...
  • #393,344
  • Aug 13, 2014 3:15pm Aug 13, 2014 3:15pm
Quoting bodkins
{quote} 100pips trailing
why put SL so far away when resistance is so close?
Que Sera
  • #393,345
  • Aug 13, 2014 3:28pm Aug 13, 2014 3:28pm
Attached Image (click to enlarge)
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night all
  • #393,346
  • Aug 13, 2014 3:44pm Aug 13, 2014 3:44pm
long 6692 sl 6660 tp 6745
  • #393,347
  • Aug 13, 2014 3:52pm Aug 13, 2014 3:52pm
Quoting Stonar901
long 6692 sl 6660 tp 6745
Quite an outing on this short biased cable thread ...
Fix up, trade sharp ...
  • #393,348
  • Aug 13, 2014 3:55pm Aug 13, 2014 3:55pm
Quoting Stonar901
long 6692 sl 6660 tp 6745
Mate thats quite a close SL...

Also long @ 6691
Que Sera
  • #393,349
  • Aug 13, 2014 3:59pm Aug 13, 2014 3:59pm
Quoting Catempire
{quote} Mate thats quite a close SL... Also long @ 6691

I can understand why you are long, double bottom and all, but wow there a lot of pressure to the downside. I hope it works out for ya! Im short gbp/jpy atm but will bail if I start to see some strength. Risk aversion is right around the corner.. Trade what you see not what we want or wish to see lol!
  • #393,350
  • Aug 13, 2014 4:05pm Aug 13, 2014 4:05pm
Very strong resistance aswel tho mate and is in a position to have a tight stop loss with another order bellow if it breaks, if it gets time to be filled that is.
Que Sera
  • #393,351
  • Aug 13, 2014 4:05pm Aug 13, 2014 4:05pm
Quoting Stonar901
long 6692 sl 6660 tp 6745
balls moment, I like your attitude...I will be probably following shortly but just don't like your sl
  • #393,352
  • Aug 13, 2014 4:09pm Aug 13, 2014 4:09pm
Quoting Hickson
{quote} Quite an outing on this short biased cable thread ...
why is that?
  • #393,353
  • Aug 13, 2014 4:09pm Aug 13, 2014 4:09pm
Quoting Greener
{quote} balls moment, I like your attitude...I will be probably following shortly but just don't like your sl
what would be urs?
  • #393,354
  • Aug 13, 2014 4:11pm Aug 13, 2014 4:11pm
SL @ 6684
Que Sera
  • #393,355
  • Aug 13, 2014 4:12pm Aug 13, 2014 4:12pm
Quoting Catempire
{quote} Mate thats quite a close SL... Also long @ 6691
totally agree with u when i checked my charts i found that this stop loss is exactly on the 200DMA so i moved it to 6640
  • #393,356
  • Aug 13, 2014 4:14pm Aug 13, 2014 4:14pm
Quoting Greener
{quote} balls moment, I like your attitude...I will be probably following shortly but just don't like your sl
There is a big misunderstanding on this forum: People are massively short everything, and most are scalpers. So for someone position trading their info is useless and vice versa. If I just call "I am short from blablabla" it does not really help someone without telling about targets, SL and strategy.
Fix up, trade sharp ...
  • #393,357
  • Aug 13, 2014 4:15pm Aug 13, 2014 4:15pm
Quoting lakhan
We will see this around 6691 before to go long me thinks. Lak
Long filled. sl very wide at the moment. Give it some room. TP at 70 initially. tempted for 69 but we'll see in due course.

Good night
  • #393,358
  • Aug 13, 2014 4:15pm Aug 13, 2014 4:15pm
Quoting Hickson
{quote} There is a big misunderstanding on this forum: People are massively short everything, and most are scalpers. So for someone position trading their info is useless and vice versa. If I just call "I am short from blablabla" it does not really help someone without telling about targets, SL and strategy.
true thats why i put my tp st 6745 and the fib is 6737 so i will wait around this area and see how the market will react
  • #393,359
  • Aug 13, 2014 4:27pm Aug 13, 2014 4:27pm
Quoting HDA
GOOD MORNING FOREX FACTORY MEMBERS AND GUESTS There are option expiry's for the GBP/USD 10am Eastern tomorrow, Thursday, August 14, 2014 that you will need to bear in mind. 1.6850 - pay out US$286 million -this is the one to watch 1.6793 - resistance 1.6757 - resistance 1.6720 - HDA's first scale in long entry 1.6700 Mega Bids have been filled 1.6635 - pay out US$179 million I only trade FACTS Have a lovely afternoon when it comes. I'm off to the BEACH Lets' See What Happens HDA OUT
Do you calculate *in* 0-day sentiment if that means anything .
  • #393,360
  • Aug 13, 2014 4:28pm Aug 13, 2014 4:28pm
Quoting Stonar901
{quote} totally agree with u when i checked my charts i found that this stop loss is exactly on the 200DMA so i moved it to 6640
exactly...that's my point I would place it around 6635-40...I closed my short on cable this morning at 16725 and I was expecting a bounce at around 16710, which didn't happen...next levels are 16685 or 16658. Problem is that I have mixed feelings about GBP recovery in mid August...However, I was also expecting 1.1 on USDCAD which didn't materialize and left me baffled...so USD strength is not so sure thing in S/T....I am bearish on USD in M/T and L/T
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