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Cable Update (GBPUSD)

  • #394,261
  • Aug 21, 2014 3:15am Aug 21, 2014 3:15am
this looks to good to be true. afraid it might be prop to drop. awaiting UK news in a few minutes
  • #394,262
  • Edited 3:30am Aug 21, 2014 3:17am | Edited 3:30am
[quote=kweiss10;7688833]this looks to good to be true. afraid it might be prop to drop. awaiting UK news in a few minutes[/quote

Hi all,

Long entry, trailing stop with sell stop ....

cheers,
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  • #394,263
  • Aug 21, 2014 3:28am Aug 21, 2014 3:28am
Quoting ill_be_back
{quote} So you think this is not going DOWN any more

1.6544 is possible and more down to 1.6470 ish
  • #394,264
  • Aug 21, 2014 3:35am Aug 21, 2014 3:35am
doesnt look like it'll drop further
  • #394,265
  • Aug 21, 2014 3:45am Aug 21, 2014 3:45am
Downtrend + Negative news for GBP retail sales .. it's already enough to short..
And next, unemployment claims left.. If it shows green news, no matter what, whoever still buying, i don't know what to say anymore..

Downtrend + negative news GBP + positive news USD..
IT will pretty good day..
GTS V8 Return This Month: na
  • #394,266
  • Aug 21, 2014 3:58am Aug 21, 2014 3:58am
Quoting rizkinovri
Downtrend + Negative news for GBP retail sales .. it's already enough to short.. And next, unemployment claims left.. If it shows green news, no matter what, whoever still buying, i don't know what to say anymore.. Downtrend + negative news GBP + positive news USD.. IT will pretty good day..
Even after this if you are Buying there is nothing more left to say

Will be looking to BUY friday Morning (Profit Taking)
A good trader follows his rules, but great trader knows when to break them
  • #394,267
  • Aug 21, 2014 4:03am Aug 21, 2014 4:03am
Quoting ill_be_back
{quote} Even after this if you are Buying there is nothing more left to say
I'm bying
  • #394,268
  • Aug 21, 2014 4:03am Aug 21, 2014 4:03am
Good Morning Guys:

Took a counter trend position long on the GU at 1.65830. Going for 1-1. Decent entry pattern after news cleared. A little risky but lower lot and tight stop so risk is minimal.

Cheers
  • #394,269
  • Aug 21, 2014 4:03am Aug 21, 2014 4:03am
did not take out the low up we go ??? 6602 1st target
  • #394,270
  • Aug 21, 2014 4:10am Aug 21, 2014 4:10am
Quoting cspip
{quote} 1.6544 is possible and more down to 1.6470 ish
Is when I start BUYING
A good trader follows his rules, but great trader knows when to break them
  • #394,271
  • Edited 4:33am Aug 21, 2014 4:16am | Edited 4:33am
Quoting elbert3
did not take out the low up we go ??? 6602 1st target
Me Think
Should go DOWN to 1.650x today,( Then Bounce UP to 1.65375) Tomorrow to 1.64.70( Or 1.64475) then should reverse
A good trader follows his rules, but great trader knows when to break them
  • #394,272
  • Aug 21, 2014 4:18am Aug 21, 2014 4:18am
Quoting eliasahmar
{quote} I'm bying
Will Join you FRIDAY
A good trader follows his rules, but great trader knows when to break them
  • #394,273
  • Aug 21, 2014 4:49am Aug 21, 2014 4:49am
Quoting deltaone
{quote} hey Hickson, getting flamed by cable? look at this one: https://www.youtube.com/watch?v=DS4xtWU6yjQ keep cool... and manage your losses...
Yes, closed all longs for a pathetic loss. But I guess I am among the few people here who post their losses. Most would only post their wins, even if they lose more. But whatever, what do I have to prove here?! I am learning, nothing else.
Fix up, trade sharp ...
  • #394,274
  • Aug 21, 2014 4:54am Aug 21, 2014 4:54am
Quoting Hickson
{quote} Yes, closed all longs for a pathetic loss. But I guess I am among the few people here who post their losses. Most would only post their wins, even if they lose more. But whatever, what do I have to prove here?! I am learning, nothing else.
Don't worry dude...went counter trend on GU, appears as if I will post mine very soon!
  • #394,275
  • Aug 21, 2014 4:55am Aug 21, 2014 4:55am
Hmm entered long at 1.6600...and only 25 pips down after mmixed news indicates to me GU is ready to pop up... Go on USA pull the trigger....
Peace & Pips
  • #394,276
  • Aug 21, 2014 4:55am Aug 21, 2014 4:55am
Quoting ill_be_back
{quote} Me Think Should go DOWN to 1.650x today,( Then Bounce UP to 1.65375) Tomorrow to 1.64.70( Or 1.64475) then should reverse
i have 6547 as a buy area ,,happy to trade it as going long till that area ,but gl E ,,THANKS
  • #394,277
  • Aug 21, 2014 5:00am Aug 21, 2014 5:00am
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  • #394,278
  • Aug 21, 2014 5:01am Aug 21, 2014 5:01am
Quoting YardiFX
Hmm entered long at 1.6600...and only 25 pips down after mmixed news indicates to me GU is ready to pop up... Go on USA pull the trigger....
this thing was looking for a reason to pop but there was none found. I would be careful. I am long too as I stated earlier. Contemplating to close at the moment.
  • #394,279
  • Aug 21, 2014 5:06am Aug 21, 2014 5:06am
Quoting kweiss10
{quote} this thing was looking for a reason to pop but there was none found. I would be careful. I am long too as I stated earlier. Contemplating to close at the moment.
This is a long term position I'm holding... If it drops further I'll add again to it... Good luck
Peace & Pips
  • #394,280
  • Aug 21, 2014 5:13am Aug 21, 2014 5:13am
Quoting Hickson
{quote} Yes, closed all longs for a pathetic loss. But I guess I am among the few people here who post their losses. Most would only post their wins, even if they lose more. But whatever, what do I have to prove here?! I am learning, nothing else.
well done. I closed my long for a small loss yesterday after I saw the reaction to MPC. It is going down for sure.
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