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Cable Update (GBPUSD)

  • #393,541
  • Aug 14, 2014 7:09am Aug 14, 2014 7:09am
Quoting DerekTrotter
{quote} way to go best summary have heard in a long time .. respect for sure DF
Dell Boy welcome back,i posted just before that i mis the laugh,,you ok Mr Film star lol
  • #393,542
  • Aug 14, 2014 7:12am Aug 14, 2014 7:12am
Quoting Bones
yes but eur usd is capped {quote} {image}
Off topic Bones, I thought you were in Kent and not Hawaii??!!
  • #393,543
  • Aug 14, 2014 7:16am Aug 14, 2014 7:16am
I am its a saying ,I think ill change as people get wrong idea I'm not HDA yet
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,544
  • Aug 14, 2014 7:21am Aug 14, 2014 7:21am
still waiting for 65xx area to go long!
Attached Image
  • #393,545
  • Aug 14, 2014 7:21am Aug 14, 2014 7:21am
Quoting Janut
Tomorrow we have GBP - GDP. The plan is in top of latest months. High probability to be lower since forecast estimates was 0,6% instead of 0,8% planned. I think big guys know already what shall be the figure. Could dive lower. lets us see if can pass 167. Best to wait till tomorrow news and react.
what if it spikes to 1.68 tomorrow. what will you do then???
  • #393,546
  • Aug 14, 2014 7:22am Aug 14, 2014 7:22am
Quoting Bones
I am its a saying ,I think ill change as people get wrong idea I'm not HDA yet
I am in Rochester and the way you trade, you surely will end up in Hawaii.
Good Luck and thank you for the wonderful and unselfish insight you and guys like HDA etc. give out.
Really appreciated in this extremely dense forex jungle.

PS. Not much between you and HDA, you are both on the upper echelons of trading excellence.
  • #393,547
  • Aug 14, 2014 7:25am Aug 14, 2014 7:25am
Quoting Bones
yes but eur usd is capped {quote} {image}
Hi Bones,

You have eg?
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily814.jpg Size: 173 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #393,548
  • Edited 8:03am Aug 14, 2014 7:32am | Edited 8:03am
Quoting safhammer
{quote} Hi GlobalMacro, Your analysis has been good. How long do you think the buy position should be held? Regards.
Hi Safhammer,
Thank you. Well, the downtrend may not have been over yet , but I didn't want to give back profits on the bounce off support....
If this is a pull back then I'm expecting the descending wedge in the chart I posted to be tested , but only a pullback if anything at this point.

I closed my short position and took profits. Right now I don't have any buy or sell positions , my position's flat.
Hear the music before the song is over ...
  • #393,549
  • Aug 14, 2014 7:37am Aug 14, 2014 7:37am
GOOD MORNING AGAIN FOREX FACTORY MEMBERS AND GUESTS

There is only one option expiry for the GBP/USD 10am Eastern tomorrow, Friday, August 15, 2014 that you will need to bear in mind.

1.6793 - resistance
1.6757 - resistance
1.6740 - pay out US$364 million -this is the one to watch
1.6720 - HDA's first scale in long entry
1.6700 Mega Bids have been filled


I only trade FACTS

Have a lovely afternoon when it comes.

I'm remain LONG

As I always say - this is my trading plan, create your own plan, trade your own plan.

Please see AGAIN previous post dated, TWO WEEKS AGO - Friday August 1, 2014 at 12:48pm
http://www.forexfactory.com/showthre...33#post7646533 - GBP/USD Position Trading Plan


Everything is going according to plan so far


Lets' See What Happens




Traders, the reason why I will never post my stop loss is because, traders are blindly following me into these trades and if they don't know my stop loss, then it should act as a deterrent to following me into these trades. If you don't know where I'm getting out then you will always be apprehensive to trade my trade blindly. I do this to protect traders from themselves.


HDA OUT
  • #393,550
  • Aug 14, 2014 7:38am Aug 14, 2014 7:38am
really its a small world ,thanks

Quoting safhammer
{quote} I am in Rochester and the way you trade, you surely will end up in Hawaii. Good Luck and thank you for the wonderful and unselfish insight you and guys like HDA etc. give out. Really appreciated in this extremely dense forex jungle. PS. Not much between you and HDA, you are both on the upper echelons of trading excellence.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,551
  • Aug 14, 2014 7:40am Aug 14, 2014 7:40am
Quoting HDA
GOOD MORNING AGAIN FOREX FACTORY MEMBERS AND GUESTS There is only one option expiry for the GBP/USD 10am Eastern tomorrow, Friday, August 15, 2014 that you will need to bear in mind. 1.6793 - resistance 1.6757 - resistance 1.6740 - pay out US$364 million -this is the one to watch 1.6720 - HDA's first scale in long entry 1.6700 Mega Bids have been filled I only trade FACTS Have a lovely afternoon when it comes. I'm remain LONG As I always say - this is my trading plan, create your own plan, trade your own plan. Please see AGAIN previous post dated,...
Dear HDA,

What do you mean by "1.6700 Mega Bids have been filled"
Appreciate your analysis as always

Thanks!
  • #393,552
  • Aug 14, 2014 7:41am Aug 14, 2014 7:41am
looks good I'm not trading eur gbp ,but gbp chf ,I'm looking rn

Quoting Mr. Scott
{quote} Hi Bones, You have eg? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,553
  • Aug 14, 2014 7:44am Aug 14, 2014 7:44am
cable consolidates but still under RN , huge bearish candle yesterday 160 pip range ,but agree location not the best
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,554
  • Aug 14, 2014 7:45am Aug 14, 2014 7:45am
1.6718 i try a short from
  • #393,555
  • Aug 14, 2014 7:46am Aug 14, 2014 7:46am
if uj falls back so will dow and dax
Attached Image (click to enlarge)
Click to Enlarge Name: usd JPY d1 14 (DFB).png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,556
  • Aug 14, 2014 7:48am Aug 14, 2014 7:48am
Quoting Bones
looks good I'm not trading eur gbp ,but gbp chf ,I'm looking rn {quote}
What's that like 99% correlation?

Don't trade it, but have small problem here.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFDaily814.jpg Size: 213 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #393,557
  • Aug 14, 2014 7:50am Aug 14, 2014 7:50am
eur/gbp may have formed a short term top and is heading back to 7800. short eur/gbp @8022
  • #393,558
  • Aug 14, 2014 7:52am Aug 14, 2014 7:52am
well I don't suppose its going in straight line ,


Quoting Mr. Scott
{quote} What's that like 99% correlation? Don't trade it, but have small problem here. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,559
  • Edited 8:11am Aug 14, 2014 7:59am | Edited 8:11am
usdx is not clear mainly cause eu consolidates
bullish move and above pivot , break confirms ,id say up
Attached Image (click to enlarge)
Click to Enlarge Name: USDXDaily 14-8.png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #393,560
  • Aug 14, 2014 7:59am Aug 14, 2014 7:59am
could also get to 1.6746 from the other day
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