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Cable Update (GBPUSD)

  • #395,241
  • Aug 29, 2014 1:33am Aug 29, 2014 1:33am
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Ghost Rider - WWTBMD?
  • #395,242
  • Aug 29, 2014 1:38am Aug 29, 2014 1:38am
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just debating to take the trades again 3 mornings in a row taking 6 trades every day as you can see we nearly lost control of the longs as price went below the 50 ema yellow, 10 and 20 crossed at the same time, but now crossed again strengthening longs,,as long as we trade above the yellow line we can buy long but tight sl as we are counter trading like to see 6634 ,
  • #395,243
  • Aug 29, 2014 1:41am Aug 29, 2014 1:41am
Hopefully, today will be a little better for me compared to the rest of the week. Started with a GJ long entry on my autotrader overnight. Missed the GU long entry but, appears to be pulling back so not a bad thing. Have a pending buy on the EU at 136.855. target 137.25.

Lets see how things play out after EU news.

Cheers
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  • #395,244
  • Aug 29, 2014 1:44am Aug 29, 2014 1:44am
Quoting albchr
LOL
Morning Chris yes lol,,, news time
  • #395,245
  • Aug 29, 2014 1:47am Aug 29, 2014 1:47am
Quoting elbert3
Trade confirmation On 28-Aug-2014 at 13:38:17 (GMT) You bought 10 GBPUSD @ 1.65794 for value date 02-Sep-2014 Front office position id: 141045473 Account: 5589929 sl on this one 5600
pp on this one 6594 to big to lose 15 iish pips 6613 /20/34/ then up ,,
  • #395,246
  • Aug 29, 2014 1:48am Aug 29, 2014 1:48am
Quoting elbert3
{quote} Morning Chris yes lol,,, news time
Morning Billy. That's not what I was chuckling about.
Ghost Rider - WWTBMD?
  • #395,247
  • Aug 29, 2014 1:50am Aug 29, 2014 1:50am
Quoting elbert3
{image} just debating to take the trades again 3 mornings in a row taking 6 trades every day as you can see we nearly lost control of the longs as price went below the 50 ema yellow, 10 and 20 crossed at the same time, but now crossed again strengthening longs,,as long as we trade above the yellow line we can buy long but tight sl as we are counter trading like to see 6634 ,
http://www.forexfactory.com/showthre...55#post7705155

http://www.forexfactory.com/showthre...48#post7705248

Ghost Rider - WWTBMD?
  • #395,248
  • Aug 29, 2014 1:52am Aug 29, 2014 1:52am
Quoting albchr
{quote} http://www.forexfactory.com/showthre...55#post7705155 http://www.forexfactory.com/showthre...48#post7705248
ah yes now i see just checked the links out,,good ah...lol
  • #395,249
  • Aug 29, 2014 1:53am Aug 29, 2014 1:53am
EU gaining traction before news.
  • #395,250
  • Aug 29, 2014 1:56am Aug 29, 2014 1:56am
Quoting albchr
{quote} http://www.forexfactory.com/showthre...55#post7705155 http://www.forexfactory.com/showthre...48#post7705248
with the house price news i am just hoping 6600 will become support and not take the trades off this morning but pp them at 6595 ,,??
  • #395,251
  • Aug 29, 2014 1:58am Aug 29, 2014 1:58am
EJ long triggered. GJ long rocking about to hit TP
  • #395,252
  • Aug 29, 2014 1:58am Aug 29, 2014 1:58am
Quoting elbert3
{quote} with the house price news i am just hoping 6600 will become support and not take the trades off this morning but pp them at 6595 ,,??
I have 6591 actually but we could see whipsawing on the noise. Let's see what happens.
Ghost Rider - WWTBMD?
  • #395,253
  • Aug 29, 2014 2:05am Aug 29, 2014 2:05am
Quoting albchr
{quote} I have 6591 actually but we could see whipsawing on the noise. Let's see what happens.
i got that cheap long in yesterday at the bottom ,,so all good on that one the rest are smaller bar i which is x 2 cutting back on the money risk as buying to many small trades ,,but all count ,,gl buddy
  • #395,254
  • Aug 29, 2014 2:07am Aug 29, 2014 2:07am
Got in EU long at 1.31700. Hit TP at +23. EJ is at lock profit +17. GJ at lock profit +29

will let things ride...probably done for the day.

However if we get a pullback to 1.318 on EU, will be looking for a long entry trigger.
  • #395,255
  • Aug 29, 2014 2:09am Aug 29, 2014 2:09am
Quoting albchr
{quote} I have 6591 actually but we could see whipsawing on the noise. Let's see what happens.
chris drop kick it over the 6600 for a field goal,,please lol
  • #395,256
  • Aug 29, 2014 2:11am Aug 29, 2014 2:11am
Quoting elbert3
morning Chaz you still in from yesterday ,,gbcad is starting to look good check the day and 30 min
no, closed yesterday pre-US data, as had and still have EU longs - this morning , saw something moving , so re-entered - waiting for 606 to go and we might have some inside bar traders push it up ...

don't trade pound crosses, cable is enough to deal with

GU H1
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  • #395,257
  • Aug 29, 2014 2:18am Aug 29, 2014 2:18am
Quoting chazzle
{quote} no, closed yesterday pre-US data, as had and still have EU longs - this morning , saw something moving , so re-entered - waiting for 606 to go and we might have some inside bar traders push it up ... don't trade pound crosses, cable is enough to deal with GU H1 {image}
ok Chaz good luck ..E
  • #395,258
  • Aug 29, 2014 2:25am Aug 29, 2014 2:25am
Quoting elbert3
{quote} chris drop kick it over the 6600 for a field goal,,please lol
Oh yes, I'll throw my 5 bucks at it. That will surely make a BIG difference.
Ghost Rider - WWTBMD?
  • #395,259
  • Aug 29, 2014 2:25am Aug 29, 2014 2:25am
Quoting elbert3
{quote} ok Chaz good luck ..E
cheers mate - are you in or flat?
  • #395,260
  • Aug 29, 2014 2:26am Aug 29, 2014 2:26am
oh yes she's flying now
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