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Cable Update (GBPUSD)

  • #394,401
  • Aug 21, 2014 12:17pm Aug 21, 2014 12:17pm
Quoting Zircon
more falling daily chart calling for 16573?? In Trading Praying help sometimes. making pi pi may help also.. If you are losing do not be stupid close your trade.

You bought what you called the marker (the fluctuation curves) that was the sharp buying intraday traders my friend and they were right.
No scale in for you yet why are you in doubt?, intraday traders buy and sell at any time.

long term trade cable yes she gonna hit the high but in the right time.



Trade safe and good luck
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #394,402
  • Aug 21, 2014 12:18pm Aug 21, 2014 12:18pm
Quoting hwonda
{quote} The question is...how many pips in relation to percentage drawdown does HDA allow on a negative trade. Because in this market no strategy is 100% successful. Assuming his Long position keeps going down(although i believe we are close to a turning point), what will be his approach then? I admire many traders with their entry plans but i differentiate traders with their exit(bailout) plan if they are wrong in a trade position.
that some thing we will never know,,as far as i am concerned ,that HDAs business and he does not have to explain himself,as we all have the same right,,i dont understand it but i never criticize another fellow trader.hda is a fruitful topic of conversation ,,which makes for good reading ,we should all respect each other and our opinions ,,right or wrong,,we have the choice in life to agree or disagree ,,trade our own trades . regards E
  • #394,403
  • Aug 21, 2014 12:18pm Aug 21, 2014 12:18pm
What I find interesting here is, all the sub 6400/6300 (or more) perma bears are bailing from their short positions faster than rats jumping from a sinking ship. If so convinced it's going down so deep, Why? You'd think they'd be adding more short positions ... no?

Especially those who had shorts from up top and are still yelling lower. I can understand those waiting a long time to get out of bad positions. That's an obvious just in case relief to shed a couple.

Anywho, just thought that was interesting. :nerd: .. Have fun folks and green pips to all.
Ghost Rider - WWTBMD?
  • #394,404
  • Aug 21, 2014 12:20pm Aug 21, 2014 12:20pm
Quoting albchr
What I find interesting here is, all the sub 6400/6300 (or more) perma bears are bailing from their short positions faster than rats jumping from a sinking ship. If so convinced it's going down so deep, Why? You'd think they'd be adding more short positions ... no? Especially those who had shorts from up top and are still yelling lower. I can understand those waiting a long time to get out of bad positions. That's an obvious just in case relief to shed a couple. Anywho, just thought that was interesting. :nerd: .. Have fun folks and green...

Hi, Alb, how are you, hope fine and Long.

Like me and HDA

How to opt out annoying user signatures ??
  • #394,405
  • Aug 21, 2014 12:24pm Aug 21, 2014 12:24pm
Good trader you are no doubt.


GL
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #394,406
  • Aug 21, 2014 12:25pm Aug 21, 2014 12:25pm
Quoting Toranaga
{quote} Hi, Alb, how are you, hope fine and Long. Like me and HDA
Good afternoon Toranaga I'm doing fine thank you and yourself? As always, I'm building positions as I see fit.
Ghost Rider - WWTBMD?
  • #394,407
  • Aug 21, 2014 12:26pm Aug 21, 2014 12:26pm
if a gaps real it will always be filled at some point ,even weeks later,

Quoting Toranaga
{quote} Or the Price in a down spiral since weeks, simply did not make it above the Weekly Pivot. After 7 tries in H4, it does not need to be a genius to notice that the price could go to the south again, especially when a positive Gap happened, and a over top the Weeks opening is not in sight. If the price, in this constellation, at Tuesday morning hits the Fridays close, and goes thru it, its not a closing the Gap automatism, its simply business as usual. Imo {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,408
  • Aug 21, 2014 12:30pm Aug 21, 2014 12:30pm
Quoting elbert3
{quote} that some thing we will never know,,as far as i am concerned ,that HDAs business and he does not have to explain himself,as we all have the same right,,i dont understand it but i never criticize another fellow trader.hda is a fruitful topic of conversation ,,which makes for good reading ,we should all respect each other and our opinions ,,right or wrong,,we have the choice in life to agree or disagree ,,trade our own trades . regards E
Yup... Fully agree... When anyone looks up to HDA let that person A do what he/she wants cos it is their decision to follow HDA. No one here have any rights to stop that person A. If there is anyone who wants to stop, can that "stopper" guarantee that by stopping and asking that person A to follow his idea instead of HDA, this "stopper" want to help to pay for any loss incurred by person A when things goes wrong? I believe the answer is NO.

I ever saw HDA asking people not to follow another person plan was when he knows it is seriously flawed and he was proven right. BUT he NEVER ask those people to follow him.

HDA had always emphasized that it his trading plan. He never ask people to follow him, he only share what he is doing.
  • #394,409
  • Aug 21, 2014 12:32pm Aug 21, 2014 12:32pm
Quoting elbert3
{quote} that some thing we will never know,,as far as i am concerned ,that HDAs business and he does not have to explain himself,as we all have the same right,,i dont understand it but i never criticize another fellow trader.hda is a fruitful topic of conversation ,,which makes for good reading ,we should all respect each other and our opinions ,,right or wrong,,we have the choice in life to agree or disagree ,,trade our own trades . regards E


do u know anyone working with ironfx ?
  • #394,410
  • Aug 21, 2014 12:35pm Aug 21, 2014 12:35pm
Quoting nAVIN2007
{quote} i did not mean it personally bro..i take what i said back!! u are certainly not silly but i do think 2 people wanting to raise trades just suggests some folks on the panel want an increase, 2 from 9
I take nothing personal... all I'm showing the thread is that there is now a certain sentiment within the boe that a rate rise is acceptable.... even knowing the figures that have recently been published.... this is what has drove me long GU.....I shorted from way up high as I have stated now I think its time for steady climb back up.
Peace & Pips
  • #394,411
  • Aug 21, 2014 12:36pm Aug 21, 2014 12:36pm
I like you Jeff

Quoting TerpFan2
{quote} Navin Get's it, So do Bones, Chris & 'Others... People don't let people who say they see "Large Institutional BUY / SELL Order's", coming right in, for say, the "1.67 area", and that they are going to the Beach for two weeks & will come back to "Discuss It". -DO NOT Make Trade Decision's OFF Of their Coat-Tails, and other Fools who were doing the Buying, when a Neckline was just Broken, and when a wave 4 on a Monthly Chart of the Pound is Spent. -(I'm still chasing the desire of a 'Violent' wave-5 down sometime). the "Free-Fall", of what...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,412
  • Aug 21, 2014 12:37pm Aug 21, 2014 12:37pm
don't tell everyone where its going
but I wouldn't want to long $ right now, hence its better to take something else


Quoting albchr
What I find interesting here is, all the sub 6400/6300 (or more) perma bears are bailing from their short positions faster than rats jumping from a sinking ship. If so convinced it's going down so deep, Why? You'd think they'd be adding more short positions ... no? Especially those who had shorts from up top and are still yelling lower. I can understand those waiting a long time to get out of bad positions. That's an obvious just in case relief to shed a couple. Anywho, just thought that was interesting. :nerd: .. Have fun folks and green...
Attached Image (click to enlarge)
Click to Enlarge Name: USDXDaily 21-8-14.png Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,413
  • Aug 21, 2014 12:41pm Aug 21, 2014 12:41pm
Quoting Anti_Losses
Looks like a nice profit for me in a few weeks time. Usually the deeper the RED figures I am seeing, the equivalent numbers or more in GREEN will come as always. Only that HDA is going to exit at 1.71 and 1.73 whereas I am getting out at a lower number. I am still very impressed with his numbers. I believe his $1.71/1.73 will come but I had to exit earlier than his numbers as my system ask for it. For those who still believe in HDA style, continue to have faith in it. IGNORE all news. Just ensure that your capital can withstand the draw down. Give...
Make that 1.6250
  • #394,414
  • Aug 21, 2014 12:42pm Aug 21, 2014 12:42pm
Quoting Bones
if a gaps real it will always be filled at some point ,even weeks later, {quote}
Yep, thats about, is that then 'a filled gap' prophecy or simply the Price reached a new level..



ps. Of course we could go short, because the filling gap aso,

wait 3 weeks with 3 Lots and then.. Toldya..

Buut, that would be similar with HDAs trading style, or ?

With a little scale in..
How to opt out annoying user signatures ??
  • #394,415
  • Aug 21, 2014 12:43pm Aug 21, 2014 12:43pm
Quoting Anti_Losses
{quote} Yup... Fully agree... When anyone looks up to HDA let that person A do what he/she wants cos it is their decision to follow HDA. No one here have any rights to stop that person A. If there is anyone who wants to stop, can that "stopper" guarantee that by stopping and asking that person A to follow his idea instead of HDA, this "stopper" want to help to pay for any loss incurred by person A when things goes wrong? I believe the answer is NO. I ever saw HDA asking people not to follow another person plan was when he knows it is seriously flawed...
yes read his opinions like any other traders,but in the end the trades have to be your own. well said .regards E
  • #394,416
  • Aug 21, 2014 12:43pm Aug 21, 2014 12:43pm
Quoting ill_be_back
{quote} And how will you know that, He never declares his SL
i dont see 1.70 on the cards..i see potential bullish diverence on the chart for for this not to playout 1.6450 needs to be reached and i think its more likely to go there..i trade very differently to most

for example on the weekly chart price formed the third touch on a trendline to bounce from..now that mean price has given a barrier to cross unless that line crosses 1.70 is not on the cards..a close above 1.6520 area is needed for the direction to change

even if price on monthly closes here..the next candle will form a trendline sending this thing further down..1.70 is just not on unless this week close above 1.6650 any further down..kiss that target goodbye

this is how i setup trades!
  • #394,417
  • Aug 21, 2014 12:45pm Aug 21, 2014 12:45pm
Quoting sami4240
{quote} do u know anyone working with ironfx ?
can i ask you why that question,,respectfully
  • #394,418
  • Aug 21, 2014 12:45pm Aug 21, 2014 12:45pm
im def worried for buyers of gbp cad ,,if them lows go ,
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD d1 21 (DFB).png Size: 44 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,419
  • Aug 21, 2014 12:45pm Aug 21, 2014 12:45pm
Quoting YardiFX
{quote} I take nothing personal... all I'm showing the thread is that there is now a certain sentiment within the boe that a rate rise is acceptable.... even knowing the figures that have recently been published.... this is what has drove me long GU.....I shorted from way up high as I have stated now I think its time for steady climb back up.
i hear u bro..and yur point is noted

Quoting Devonsent
{quote} I didn't think that Yardi suggested that they were a majority, simply that,for the first time in goodness knows how any months, it hasn't been a 0-0-9 result. If two can change their minds, and it was always going to happen at some point, there's nothng to say that another two weren't just on the edge of doing so but bottled out. A rate rise won't cripple anybodies mortgage as it will only be, probably, 0.25% and with the way the banks are covering their arses in handing them out (reluctantly) it'll make little difference imho to the average Joe but could make a difference to the £.
i see..its a different point of view which i didnt share but the market did rise..thank u for the explanation..this is this forum is all about
  • #394,420
  • Aug 21, 2014 12:47pm Aug 21, 2014 12:47pm
its filled gap to me , traders will note and look for target ,lets be honest these charts are completely man made ,but have an air of unbelievable accuracy to events to me

Quoting Toranaga
{quote} Yep, thats about, is that then 'a filled gap' prophecy or simply the Price reached a new level..
On-site guru & also FF member's' psychiatrist, when not drinking tea
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