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Cable Update (GBPUSD)

  • #393,461
  • Aug 14, 2014 3:35am Aug 14, 2014 3:35am
Quoting Greener
{quote} I don't have any level below 1.6580...and have mixed feelings about buying cable now...many are trying longs at this point and cable likes squeezes...but trend looks exhausted...I will try a small long at 16658 as previously anticipated with sl at 16610
executed...let'see how it goes
  • #393,462
  • Aug 14, 2014 3:36am Aug 14, 2014 3:36am
fighting trend but direction is down ,

Quoting Bones
res is there but I dont see offers med term , {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CHF 14 (DFB).png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,463
  • Aug 14, 2014 3:46am Aug 14, 2014 3:46am
Quoting Bones
fighting trend but direction is down , {quote} {image}
I agree but it will always be down...you need to check some exhaustion indicator
  • #393,464
  • Aug 14, 2014 3:48am Aug 14, 2014 3:48am
just warming up for the drop it looks like on the 5 min
  • #393,465
  • Aug 14, 2014 3:58am Aug 14, 2014 3:58am
Not always. Last couple of days yeah but wouldn't use it as indicator.
you still holding your dax shorts?
Quoting Bones
uj down ,dax down is that right ? {quote}
Hear the music before the song is over ...
  • #393,466
  • Aug 14, 2014 4:02am Aug 14, 2014 4:02am
yea I added , what drives the dax ?

Quoting GlobalMacro
Not always. Last couple of days yeah but wouldn't use it as indicator. you still holding your dax shorts? {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,467
  • Aug 14, 2014 4:08am Aug 14, 2014 4:08am
dax is made of 30 highest Capitaliz. stocks , so company earnings outlook very important obviously.
It's extremely sensitive to event risks as well.
you might wanna keep an eye on Dow, S&Ps and Nikkei as well when trading dax.
Quoting Bones
yea I added , what drives the dax ? {quote}
Hear the music before the song is over ...
  • #393,468
  • Aug 14, 2014 4:12am Aug 14, 2014 4:12am
right yea I saw sim to dow hence I thought jpy up dax down ,
carefull eu ,the monthly is bearish ,sideways ,bear ,break

Quoting GlobalMacro
dax is made of 30 highest Capitaliz. stocks , so company earnings outlook very important obviously. It's extremely sensitive to event risks as well. you might wanna keep an eye on Dow, S&Ps and Nikkei as well when trading dax. {quote}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,469
  • Aug 14, 2014 4:13am Aug 14, 2014 4:13am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 06.png Size: 48 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #393,470
  • Aug 14, 2014 4:13am Aug 14, 2014 4:13am
Engulfing on H1. Bulls seem to be warming up. Further confirmation still required though
  • #393,471
  • Aug 14, 2014 4:17am Aug 14, 2014 4:17am
Seems a lot of people got are scared to long GU now…. perfect time for short term bottom… my target at 6761 is very conservative, should really higher it because I'm pretty sure if it goes up there it will pass 1.68. But for now keeping 1.6714 as TP and will see how mkt acts after that for more long possibilities
  • #393,472
  • Aug 14, 2014 4:17am Aug 14, 2014 4:17am
got no yooros running right now...

Quoting Bones
right yea I saw sim to dow hence I thought jpy up dax down , carefull eu ,the monthly is bearish ,sideways ,bear ,break {quote} {image}
Hear the music before the song is over ...
  • #393,473
  • Aug 14, 2014 4:19am Aug 14, 2014 4:19am
Quoting chazzle
rebuilding both - single GU entry at 1.6763 as it stands with a p/o at 16685 in case of an overshoot past the May low - can also now afford a lower stop
ok - added from this morning's lows also - but getting out here for a smallish loss - survived the crash lol
  • #393,474
  • Aug 14, 2014 4:29am Aug 14, 2014 4:29am
6690 hit
  • #393,475
  • Aug 14, 2014 4:33am Aug 14, 2014 4:33am
Quoting moneymove
Buy at 1.666
666 rule
That which does not kill us makes us stronger
  • #393,476
  • Aug 14, 2014 4:34am Aug 14, 2014 4:34am
I went long yesterday at 167.00. SL hit this morning when it fell another 40+ pips. Now its back up. hmmmm
  • #393,477
  • Aug 14, 2014 4:47am Aug 14, 2014 4:47am
GOOD MORNING FOREX FACTORY MEMBERS AND GUEST

I remain long, first take profit 1.7100

LET'S SEE WHAT HAPPENS

Happy Trading



Gone Back To Bed


HDA OUT
  • #393,478
  • Aug 14, 2014 4:51am Aug 14, 2014 4:51am
how lucky are you im shattered

Quoting HDA
GOOD MORNING FOREX FACTORY MEMBERS AND GUEST I remain long, first take profit 1.7100 LET'S SEE WHAT HAPPENS Happy Trading Gone Back To Bed HDA OUT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,479
  • Aug 14, 2014 4:59am Aug 14, 2014 4:59am
Quoting HDA
GOOD MORNING FOREX FACTORY MEMBERS AND GUEST I remain long, first take profit 1.7100 LET'S SEE WHAT HAPPENS Happy Trading Gone Back To Bed HDA OUT
What's your stoploss HDA? If you want to keep it secret, just tell me, and I won't insist ever again. I respect your privacy, but just as you share your TP and entries I wonder your stoploss level. May I know it, Sir?
  • #393,480
  • Aug 14, 2014 5:01am Aug 14, 2014 5:01am
Quoting Bones
how lucky are you im shattered {quote}
have you been up all night ,?? set and forget lol E
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