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Cable Update (GBPUSD)

  • #394,661
  • Aug 24, 2014 3:00pm Aug 24, 2014 3:00pm
i got screwed
my sl was at 6555
was long from 6730
The Phoenix Trader....
  • #394,662
  • Aug 24, 2014 3:01pm Aug 24, 2014 3:01pm
Quoting sunilpawar
i got screwed my sl was at 6555 was long from 6730
complete account empty
The Phoenix Trader....
  • #394,663
  • Aug 24, 2014 3:01pm Aug 24, 2014 3:01pm
any reason for gap down opening?
The Phoenix Trader....
  • #394,664
  • Aug 24, 2014 3:05pm Aug 24, 2014 3:05pm
Quoting sunilpawar
i got screwed my sl was at 6555 was long from 6730
I have a buy at 1.70400 and two more a little more down. Don't worry, always somebody is worst than you :S
Try don't lose pants never...
  • #394,665
  • Aug 24, 2014 3:10pm Aug 24, 2014 3:10pm
As it is UK bank holiday it is most likely that pound will travel small pips into one direction. Gap on opening very possible, where - no one knows. On Sunday there was a summit of some sort, so it most likely echo on possible price opening!
There is no spoon....
  • #394,666
  • Aug 24, 2014 3:16pm Aug 24, 2014 3:16pm
Quoting sunilpawar
i got screwed my sl was at 6555 was long from 6730
did ur broker starting trading yet? tiny chance u may get away with it lol

http://i.imgur.com/YCZRp78.jpg
Do what's right for you
  • #394,667
  • Aug 24, 2014 3:18pm Aug 24, 2014 3:18pm
Quoting momochi
{quote} did ur broker starting trading yet? tiny chance u may get away with it lol {image}
no
still 45 more minutes
The Phoenix Trader....
  • #394,668
  • Aug 24, 2014 3:25pm Aug 24, 2014 3:25pm
sorry mate doenst look good another dip, EU down to 1.3187 GBP 16538
Do what's right for you
  • #394,669
  • Aug 24, 2014 3:32pm Aug 24, 2014 3:32pm
Quoting elbert3
{quote} {image} on the monthly it shows bull to me but being the monthly any retrace to ema lines are quite long,eg the price i quoted before ,if you think i always say about 20 ema,,this is where i get 6350 from ,,but it is showing an indi arrow this looks like it want price to be 1.82,??? there's a thought .

u are saying this because your moving averages are below price..this is one of the reason why i dont use them much..we develop a bias..it will be interesting billy to see if it bounces..good luck m8
  • #394,670
  • Aug 24, 2014 3:47pm Aug 24, 2014 3:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: KAble4.gif Size: 143 KB
  • #394,671
  • Aug 24, 2014 3:52pm Aug 24, 2014 3:52pm
Quoting elbert3
{quote} Hi ,, i like to complain to myself, i dont like to lose ..lol what do you think about this lot,,its a bit messy ,,here goes {image}{image}
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 64 KB
looks like option 2 was hit as soon as trading started
  • #394,672
  • Aug 24, 2014 4:11pm Aug 24, 2014 4:11pm
option 1 up option 2 down, genius
Do what's right for you
  • #394,673
  • Aug 24, 2014 4:15pm Aug 24, 2014 4:15pm
when cable falls, it just does it....next level is now 16450...I would not dare to long in August...I will get a better picture in September but continuation is possible until early October....top at 17200 was probably inclusive of an early rate hike and now is just descent...until 1600...for EURUSD 12ish Goldman's target looks quite close.....
  • #394,674
  • Aug 24, 2014 4:20pm Aug 24, 2014 4:20pm
cable is worst pair to trace
uni directional
The Phoenix Trader....
  • #394,675
  • Aug 24, 2014 4:35pm Aug 24, 2014 4:35pm
looking to close the gap to 5704 and more
  • #394,676
  • Aug 24, 2014 4:43pm Aug 24, 2014 4:43pm
And question is when close gap will go to 66200 or down to 64700? :O
Try don't lose pants never...
  • #394,677
  • Aug 24, 2014 4:57pm Aug 24, 2014 4:57pm
1.6650 is where some fat bastard put some serious longs. I think we might see it before falling further.
There is no spoon....
  • #394,678
  • Aug 24, 2014 4:59pm Aug 24, 2014 4:59pm
Gidday GBP/US

Closed some exploding shorts

Went back with a couple in case it reaches 1.647

The only thing that i have done right is keep the trade size down

Least you can survive the screw ups

Just takes longer to be right
  • #394,679
  • Aug 24, 2014 5:08pm Aug 24, 2014 5:08pm
Quoting braintheboss
And question is when close gap will go to 66200 or down to 64700? :O
like to see 6635
  • #394,680
  • Aug 24, 2014 7:55pm Aug 24, 2014 7:55pm
Gotta love the spread on xau/usd
354pips.
Wow
Wooooohooooo or Boooooohooooo
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