Cable Update (GBPUSD) | Page 19762 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #395,221
  • Aug 28, 2014 6:04pm Aug 28, 2014 6:04pm
Quoting HDA
{quote} @hollowhead: I know right The last time I posted an account here in Forex Factory - a trader by the name of Mr. Hatch took a screen shot of it before I could delete it and then he reposted it. That's why I know longer post any information to prove anything to anyone. Here it is: Wednesday, January 19, 2011 {image} Up to this day - it still has not been deleted HDA OUT
nice!
unfortunately Oanda doesn´t count the swap is it positive or negative to the profit / loss collum.
just do it
  • #395,222
  • Aug 28, 2014 6:12pm Aug 28, 2014 6:12pm
Quoting thodie
{quote} nice! unfortunately Oanda doesn´t count the swap is it positive or negative to the profit / loss collum.
@thodie:

That is an old post - remember - I moved on to an institutional account - so no more OANDA

HDA OUT
  • #395,223
  • Aug 28, 2014 6:19pm Aug 28, 2014 6:19pm
Quoting HDA
{quote} @srt: Always remember this and in the future, I want you to observe what happens everytime bear stops are cleared at the DEMAND ZONE or bull stops are cleared at the SUPPLY ZONE. 1.6610 stops were cleared (weak probability to be short) at the DEMAND ZONE - whenever that happens, the way is being cleared to move in that direction. The market has been heavy short and the first set of bearish stops have been cleared (HINT) What causes the explosive move up is that sellers will start to exit there shorts, profit taking....
One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher if so many stops @ that location? My hunch is large players place the orders on the order flow sheet so it's common knowledge they exist then gunners try to clear the stops but the players placing the orders remove them right before they get hit & dump shorts on the market as the gunners bought to hit the stops so gunners are already loaded long & now get stuck with no follow-through so now have to dump the longs adding to the retreat.

Sorry, just trying to guess how the "game" is played.

***There was another similar "pause" in the decline around 1.6800 which also spiked above 1.6810 (stop clearing?) only to see a strong fall the same day.
  • #395,224
  • Aug 28, 2014 6:26pm Aug 28, 2014 6:26pm
Quoting srt
{quote} One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher...
@srt:

OMG - yes - you are learning that's exactly how the game is played.

Many fake orders are set and removed just to get the market to go where you want it to go.

WoW!!!! You have got a real future in trading.

Now Shhhhhhhhh!!!!!!!!

HDA OUT
  • #395,225
  • Aug 28, 2014 6:28pm Aug 28, 2014 6:28pm
Quoting hollowhead
{quote} Not bad for a kid on demo
Ghost Rider - WWTBMD?
  • #395,226
  • Aug 28, 2014 6:48pm Aug 28, 2014 6:48pm
Bull .. bear .. I don't care. But until we see a lower high the daily chart looks very bullish to me
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 40 KB
  • #395,227
  • Aug 28, 2014 8:50pm Aug 28, 2014 8:50pm
Quoting safhammer
Twee needs to lighten up. The trend is up, is it your friend Twee? The masses have spoken. Pleeease!
rainbow colorssss, so delighted...
  • #395,228
  • Aug 28, 2014 8:52pm Aug 28, 2014 8:52pm

Quoting srt
{quote} His 150 point drawdown with 400 point target is the same as your 15 point drawdown & 40 point target. Not sure why so many can't do a little math or just move the decimal point. When he has a losing trade, I'm sure he'll admit it & move on to the next trade. Until then, I've only seen winning trades. Why not learn from a winner?
  • #395,229
  • Edited 9:28pm Aug 28, 2014 9:10pm | Edited 9:28pm
Quoting hollowhead
Came in expecting to see HDA bashing - and I wasn't disappointed. I really don't get it. If he's a kid on demo, then jeez he's good and I'm impressed. Especially with his knowledge of specific options barriers; and wow, a kid who really understands fib trading, and supply and demand, and, and.... I just don't get why someone who shares how he trades, makes calls before time, sticks to his plan, speaks about a critical element of his plan a lot (ie patience), and all of a sudden folk are hating on him, calling him out as a fraud and declaring anyone...
Recently saw a website that can help a person to understand which category he/she is in under www.fullcolortest.com
This website, it categorize people into 4 different types (All 4 types, each have his/her own strengths and weaknesses depending on how others look at it). I think why all those bashing occur is because that group of people most likely belong to "RED". It is a trait in them, cannot fault them.
I guess we have to be forgiving for their action just like they also need to be a bit more forgiving for our criticism on their wordings...
I hereby apologized to those who are most probably strong "RED" that I comment harshly.
  • #395,230
  • Aug 28, 2014 9:21pm Aug 28, 2014 9:21pm
so much to absorb

can i have a request to see your fib drawing?

Quoting HDA
{quote} @srt: Always remember this and in the future, I want you to observe what happens everytime bear stops are cleared at the DEMAND ZONE or bull stops are cleared at the SUPPLY ZONE. 1.6610 stops were cleared (weak probability to be short) at the DEMAND ZONE - whenever that happens, the way is being cleared to move in that direction. The market has been heavy short and the first set of bearish stops have been cleared (HINT) What causes the explosive move up is that sellers will start to exit there shorts, profit taking. Those who sold at support...
  • #395,231
  • Aug 28, 2014 9:28pm Aug 28, 2014 9:28pm
Quoting srt
{quote} One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher...
It's something I haven't applied enough thought to.
My interpretation was that clearing stops, weather SL's or Buy stops (In this current context), both represented buy orders and provide liquidity to the main players who need someone to sell to as well as getting a good (high) price to sell.
I am not strong on some of the basics as some may tell.
Come with me if you want to live....
  • #395,232
  • Aug 28, 2014 9:40pm Aug 28, 2014 9:40pm
Quoting wendyqq
so much to absorb can i have a request to see your fib drawing? {quote}
Fibo is a very powerful tool in chart analysis... I used it since I started trading Forex 32 months ago. It is what makes my trading successful up till now. My entries and exit uses it together with S/R. It just allow you to improve your entries and exit dramatically. I had never bother about news too much because I believe in the following statement.

A quote from a book
While the known fundamentals have already been discounted and are already "in the market," prices are now reacting to the unknown fundamentals.
  • #395,233
  • Aug 28, 2014 9:49pm Aug 28, 2014 9:49pm
Quoting HDA
{quote} @srt: OMG - yes - you are learning that's exactly how the game is played. Many fake orders are set and removed just to get the market to go where you want it to go. WoW!!!! You have got a real future in trading. Now Shhhhhhhhh!!!!!!!! HDA OUT
exposed , and that's why HFT's are rigging mr market nowadays.
Get Rich or Die Tryin
  • #395,234
  • Aug 28, 2014 10:11pm Aug 28, 2014 10:11pm
Quoting srt
{quote} One of the first things I'm trying to figure out is the stops @ 1.6610 that were taken out. If it's common knowledge that there's lots of stops @ 1.6610 & I'm a large player, why would I put my stop there knowing someone is gunning for it? This knowledge of the stops, is this something large players can see on institutional order flow sheets or how do we know that's where they're at? If there were a ton of short stops that got hit @ 1.6610 that should have created a large order of buys pushing prices higher. Why only a 3 pip move higher...
I saw this type of false support "lots of orders queuing to buy" or false resistance "lots of orders queuing to sell" when I was trading stocks. And they like to queue and cancel and re-queue the orders so that it is always the "victims" who are buying or selling cos their orders will always be at the back of the queue. The "victims" are helping them to clear or supplying the stocks to these people.
  • #395,235
  • Aug 29, 2014 2:12am Aug 29, 2014 2:12am
The CABLE confirmed a small positive closing while remaining interior the inside day with 1,6610 – 1,6500 still the levels to follow in the coming hours. While above 1,6565 we expect a test on the upside. Already an hourly closing above the 200 hours line at 1,6589 will support a move up!! The indicators of the daily chart are still well negative and oversold while showing potential positive reversals; The indicators of the s/t charts are instead showing a mixed picture suggesting some more consolidation/ correction. Only an hourly closing above 1,6607 will support higher levels toward 1,6650!!
We wait for possibly higher levels to sell! Resistance 1.6610 1.6675 Support 1.6565 1.6510 Read more
  • #395,236
  • Aug 29, 2014 2:19am Aug 29, 2014 2:19am
long here for 620 .... deja vu
  • #395,237
  • Aug 29, 2014 2:30am Aug 29, 2014 2:30am
Quoting Kajos2250
{quote} Take place on the herd is the best thing!!! That is why the next few H4 close is important in my mind in my plan! My long term target is ~7100 and i'd like to catch the best RR witch is 16-40 depending on the place of the future positions. More stop loss are enabled for this and i already had 5 in a row... These trades on the moment have just few points target which are made by my EAs... {image}
BE activated, hoping WPP and yesterday high will be defeated to sterngthening the bullish trend on th H4...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.mfM15.png Size: 52 KB
Anything is math!
  • #395,238
  • Aug 29, 2014 3:05am Aug 29, 2014 3:05am
Quoting chazzle
long here for 620 .... deja vu
morning Chaz you still in from yesterday ,,gbcad is starting to look good check the day and 30 min
  • #395,239
  • Aug 29, 2014 3:30am Aug 29, 2014 3:30am
Quoting HDA
{quote} @srt: I want you to imagine that the options for tomorrow expired at 10am and regardless of whether 1.6550 and 1.6600 defend their level. Just imagine that all options have expired, what are you now left with to analyze? Please see your chart below - and give me all the high probability reasons why 1.6550 should hold? There is only one condition. YOU MUST GIVE ME FACTUAL REASONS Tell me everything that has happened factually to support the high probability. {image} HDA OUT
its nice to see a chart from u..
  • #395,240
  • Aug 29, 2014 3:33am Aug 29, 2014 3:33am
LOL
Ghost Rider - WWTBMD?
543 traders viewing now, 1 is registered:
CPUmice