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Cable Update (GBPUSD)

  • #393,821
  • Aug 18, 2014 6:15am Aug 18, 2014 6:15am
Quoting Makavell
{quote} Took profit at at 1.6670. waiting now for a revisit of 1.6780-90 region to reload shorts for final destination 1.6250
Waiting now to get back in at 1.6755. Riding the f..r down to 1.6250
  • #393,822
  • Aug 18, 2014 6:39am Aug 18, 2014 6:39am
Quoting GlobalMacro
{quote} Wow..that's from 2 weeks ago. It's like cold coffee in forex. LOL Anyway , I sold short 1.6827 Wednesday and took profit @ 1.6787 a day later. Check it out here: http://www.forexfactory.com/showthre...23#post7675123
Moldy coffee. Haven't really been around FF since the 7th.

Well done on your trade.

Barely a ripple in the market today; almost "homeostatic". More movement in the Asian session.

Cheers.
  • #393,823
  • Edited 8:09am Aug 18, 2014 7:55am | Edited 8:09am
Quoting GlobalMacro
{quote} Here we are. Price pulled back up and retested the descending wedge. It's going to be interesting from here on... {image}
hi GM,

do you have any position?

i got short @1,6731 sl 1,6741 tp 1,6703

http://td.md.it-finance.com/ProRealT...g&purpose=file
fortis fortuna adiuvat
  • #393,824
  • Aug 18, 2014 8:31am Aug 18, 2014 8:31am
Lol, my (hopefully quick) closing gap short is going nowhere for hours. Considering to scrap this trade...
That which does not kill us makes us stronger
  • #393,825
  • Aug 18, 2014 8:42am Aug 18, 2014 8:42am
It looks heavy going upward because so many shorts from 1.673x area expecting filling the gap, but historically not every gap directly filled, ...
  • #393,826
  • Aug 18, 2014 8:57am Aug 18, 2014 8:57am
Quoting Red Alert
It looks heavy going upward because so many shorts from 1.673x area expecting filling the gap, but historically not every gap directly filled, ...
this is what i fear after that heavy drop last week
  • #393,827
  • Aug 18, 2014 8:57am Aug 18, 2014 8:57am
Quoting moneymove
Lol, my (hopefully quick) closing gap short is going nowhere for hours. Considering to scrap this trade...
Glad not scrap it yet
That which does not kill us makes us stronger
  • #393,828
  • Edited 9:08am Aug 18, 2014 8:58am | Edited 9:08am
Quoting Didgeridoo
{quote} Moldy coffee. Haven't really been around FF since the 7th. Well done on your trade. Barely a ripple in the market today; almost "homeostatic". More movement in the Asian session. Cheers.
Oh no , not that kind of coffee ...


Thank you ... I think market's waiting until Wednesday. Tomorrow CPI though.
Hear the music before the song is over ...
  • #393,829
  • Aug 18, 2014 9:01am Aug 18, 2014 9:01am
Quoting deltaone
{quote} hi GM, do you have any position? i got short @1,6731 sl 1,6741 tp 1,6703 {image}
sl = be now.
fortis fortuna adiuvat
  • #393,830
  • Aug 18, 2014 9:03am Aug 18, 2014 9:03am
Quoting deltaone
{quote} hi GM, do you have any position? i got short @1,6731 sl 1,6741 tp 1,6703 {image}
Hi Delta,

Good to see you back on cable thread.
No positions today.
Was expecting her to climb back up here , but price action lackluster. Don't think I will do anything today.
Lots of important data coming up this week.
G/L
Hear the music before the song is over ...
  • #393,831
  • Aug 18, 2014 9:07am Aug 18, 2014 9:07am
Quoting GlobalMacro
{quote} Hi Delta, Good to see you back on cable thread. No positions today. Was expecting her to climb back up here , but price action lackluster. Don't think I will do anything today. Lots of important data coming up this week. G/L
thanks.
i agree. will close my position manually if neither sl nor tp will be hit at latest at ny close - daytrading. the exception proves the rule...
fortis fortuna adiuvat
  • #393,832
  • Aug 18, 2014 9:20am Aug 18, 2014 9:20am
stop @ +10 pips now

http://td.md.it-finance.com/ProRealT...g&purpose=file
fortis fortuna adiuvat
  • #393,833
  • Aug 18, 2014 9:21am Aug 18, 2014 9:21am
looks like it's filling the gap now
  • #393,834
  • Aug 18, 2014 9:24am Aug 18, 2014 9:24am
Quoting eliasahmar
looks like it's filling the gap now
if so, i will be lucky
fortis fortuna adiuvat
  • #393,835
  • Aug 18, 2014 9:30am Aug 18, 2014 9:30am
Quoting deltaone
{quote} if so, i will be lucky
I have a buy limit at 6705 let's see if it can reach it
  • #393,836
  • Aug 18, 2014 9:39am Aug 18, 2014 9:39am
still locked above 6715 for the moment
Do what's right for you
  • #393,837
  • Aug 18, 2014 9:39am Aug 18, 2014 9:39am
Quoting eliasahmar
{quote} I have a buy limit at 6705 let's see if it can reach it
would be great - we´re aiming at the same region i guess (R1)?
fortis fortuna adiuvat
  • #393,838
  • Edited 10:05am Aug 18, 2014 9:52am | Edited 10:05am
Quoting eliasahmar
{quote} I have a buy limit at 6705 let's see if it can reach it
I don't think gap is going to be filled today, this will stay in this range go to 1.67486 then DOWN to 1.6636 ( Expecting the NEWS to be RED)
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A good trader follows his rules, but great trader knows when to break them
  • #393,839
  • Aug 18, 2014 10:01am Aug 18, 2014 10:01am
Quoting deltaone
stop @ +10 pips now {image}
out with +10 while i was smoking
fortis fortuna adiuvat
  • #393,840
  • Aug 18, 2014 10:08am Aug 18, 2014 10:08am
Quoting ill_be_back
{quote} I don't think gap is going to be filled today, this will stay in this range go to 1.67486 then DOWN to 1.6636 ( Expecting the NEWS to be RED)
I don't think it's gonna fill it today either and i'm not bothered about it
I just wanna have my buy limit at a decent level for now... (I'm building a long position)
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