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Cable Update (GBPUSD)

  • #393,641
  • Aug 15, 2014 2:15am Aug 15, 2014 2:15am
it seems that the road to north is postponed. GBP news could come in red. Too high plan.
No emotions, just trade
  • #393,642
  • Aug 15, 2014 2:20am Aug 15, 2014 2:20am
Quoting Janut
it seems that the road to north is postponed. GBP news could come in red. Too high plan.
The last 3 i think were red all prices up, cost of living up,wages down or mostly the same,borrowing is up,,????what colour should we have ??
  • #393,643
  • Aug 15, 2014 2:29am Aug 15, 2014 2:29am
Quoting Bones
funny enough 5 weeks up ,5weeks down almost exact speed if you count this week as 6 ,the breaking candle {quote}
5 weeks up 5 down sounds like a pin to me
  • #393,644
  • Aug 15, 2014 2:31am Aug 15, 2014 2:31am
http://www.fxstreet.com/analysis/dai...ng/2014/08/15/ some reading, but it tells 2 stories ??? which one it going to be right ??
  • #393,645
  • Aug 15, 2014 2:33am Aug 15, 2014 2:33am
6th August - GDP growth NIESR came 0,6 vs 0.8 plan
No emotions, just trade
  • #393,646
  • Aug 15, 2014 3:09am Aug 15, 2014 3:09am
Quoting xetrader
{quote} Thanks HDA will wait for 1.6500 for best buy
Youll be trying to catch a molten hot knife at that level
  • #393,647
  • Aug 15, 2014 3:13am Aug 15, 2014 3:13am
GU definitely a bull
  • #393,648
  • Aug 15, 2014 3:22am Aug 15, 2014 3:22am
Quoting allisonmagic
GU definitely a bull
agree with u，and where is the goal，67 or 6750？
  • #393,649
  • Aug 15, 2014 3:25am Aug 15, 2014 3:25am
where can you get option expiry
  • #393,650
  • Aug 15, 2014 3:33am Aug 15, 2014 3:33am
uk has the strongest economy
No emotions, just trade
  • #393,651
  • Aug 15, 2014 3:37am Aug 15, 2014 3:37am
Quoting Janut
uk has the strongest economy
game playing ?? how can you have a shit load of news out in the media that paints a bad picture of peoples income compared to their out goings and then get better gdp figures
  • #393,652
  • Aug 15, 2014 3:40am Aug 15, 2014 3:40am
Well, me for sure have not expected such GDP. One more hint is that market has not rocketed it to north. This is all crazy
No emotions, just trade
  • #393,653
  • Aug 15, 2014 3:40am Aug 15, 2014 3:40am
Quoting elbert3
{quote} game playing ?? how can you have a shit load of news out in the media that paints a bad picture of peoples income compared to their out goings and then get better gdp figures
CNN said something similiar yesterday that the UK has a strong economy but wages are still falling which would mean spending would fall too. Wierd.
  • #393,654
  • Aug 15, 2014 3:46am Aug 15, 2014 3:46am
Quoting kweiss10
{quote} CNN said something similiar yesterday that the UK has a strong economy but wages are still falling which would mean spending would fall too. Wierd.
yes all over the news even a trader here posted the costings of daily living and no wage increase lets see what the market makes of it ,, res 705 regardsE
  • #393,655
  • Aug 15, 2014 3:52am Aug 15, 2014 3:52am
hit testing 6700 RN
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There has never been a statue erected in honor of a critic
  • #393,656
  • Aug 15, 2014 3:52am Aug 15, 2014 3:52am
Quoting YardiFX
{quote} The perfect entry can only be found with hindsight, the beauty of positional trades are that you pick a position based on your own reasoning or 'facts' and make sure you can grow with it..most people here could not wait 6 weeks to see a trade through but that is what a positional trader does wait like bloody crocodile in the out back swamp.... just the eyes peering from beneath the water line....mmmm pips...
Well this entry for a better than 1-1 is exactly what I look for..... and this one was in hind sight only because I was asleep when it triggered.

If you use PA in a good area supported by multiple timeframes and have specific entry triggers that provide a high probability on success, then the chance of cashing in on winning trades is very high. You can see on the chart where my long entries from yesterday were. If I was awake this would have been a 5.0 lot trade for 18 to 20 pips. I posted this example because it is exactly what I look when placing a trade, and my entries are never hindsight.

My question for the crocodile is what happens when you continually buy into falling pound that may trade at or below 1.64500 for a year or more? Well then I believe the best use of the old croc would be to make a nice set of boots.

Cheers!
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  • #393,657
  • Aug 15, 2014 3:54am Aug 15, 2014 3:54am
no big moves till 20th
gbpxxx
  • #393,658
  • Aug 15, 2014 3:55am Aug 15, 2014 3:55am
Quoting kibrul
{quote} Dear @HDA can u pls give us a snap short(image) for Real Order Book . It is for those who have no institutional account and till now unable to see what really look like DOM. Just for one time. we r bored in MT4 terminal....
Not speaking for HDA here but, this should give a "decent" idea of what an institutional trader looks at. (Those in the know can correct me if I'm wrong)

http://www.dawtradingdiv.com/ttxtraderscreenlrg.html

There's no "book" (as far as I know) and it's why I often chuckle when folks ask for a "chart" with orders on it as proof of an entry. As if an institutional trader is clicking MT4 buttons or something ......

For the record, I click MT4 buttons .... still ... LOL
Ghost Rider - WWTBMD?
  • #393,659
  • Aug 15, 2014 4:03am Aug 15, 2014 4:03am
Quoting albchr
{quote} Not speaking for HDA here but, this should give a "decent" idea of what an institutional trader looks at. (Those in the know can correct me if I'm wrong) http://www.dawtradingdiv.com/ttxtraderscreenlrg.html There's no "book" (as far as I know) and it's why I often chuckle when folks ask for a "chart" with orders on it as proof of an entry. As if an institutional trader is clicking MT4 buttons or something ...... For the record, I click MT4 buttons .... still ... LOL
Morning Chris, i just clicked that then closed it right away,,lol toooo much for me to take on today ,lol board meeting soon hand your phones in time,lol i have been told by the boss this morning ,,,no fi,,,,ing phones lol thing is they cant sack me,,lol gl buddy ps still short
  • #393,660
  • Aug 15, 2014 4:06am Aug 15, 2014 4:06am
the link is trojan
pretty much fooked up
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