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Cable Update (GBPUSD)

  • #396,561
  • Sep 4, 2014 10:32pm Sep 4, 2014 10:32pm
Quoting Makavell
1.6746 was the red line. Im already in at 1.6744 target 1.6250

The Yanks should take it to 1.6250 main target today. As always - LET'S SEE WHAT HAPPENS.
  • #396,562
  • Sep 4, 2014 11:21pm Sep 4, 2014 11:21pm
Quoting eliasahmar
{quote} no retrace before 1.60 and to be more specific no retrace before 18th of September ((the Scottish referendum polls))
Kind of thinking the same as a firm possibility to the 50 fib
Come with me if you want to live....
  • #396,563
  • Sep 4, 2014 11:24pm Sep 4, 2014 11:24pm
Quoting Ill-b-back
{quote} Ok found it and quoting it
Now where is he?
C'mon bro, your made of stronger stuff I'm sure.
Come with me if you want to live....
  • #396,564
  • Sep 5, 2014 12:29am Sep 5, 2014 12:29am
Much of movements depends How None Farm comes out in the morning
220k jobs would be seen as green 200k or under USD sell off
220k all USD pairs will get highjacked to cleaners
I am hoping 200k or under...and it could since August is not typical hiring time but more vacation time...
Its funny entire FEds projections depends on 20k jobs... if come out under 200k you can bet IR will set further away.
In trading, you have to be defensive and aggressive at the same time
  • #396,565
  • Sep 5, 2014 12:39am Sep 5, 2014 12:39am
My first long on 60 pips DD now. Probably taking the second one on Monday.
It is interesting how pound was dragged down almost as much as euro, however the pound fundamentals look significantly better. After this storm settles down, i see pound regaining its strenght at least to the 1.64.
  • #396,566
  • Sep 5, 2014 12:44am Sep 5, 2014 12:44am
Quoting Pipaddiction
My first long on 60 pips DD now. Probably taking the second one on Monday. It is interesting how pound was dragged down almost as much as euro, however the pound fundamentals look significantly better. After this storm settles down, i see pound regaining its strenght at least to the 1.65.
Pound could go to 1.60
Don't forget Scottish independence vote.If Yes significant weakening of pound.That could bring it under 1.60
Just Google " Scottish independence vote" you'll find lot of interesting articles including pertaining to forex
In trading, you have to be defensive and aggressive at the same time
  • #396,567
  • Sep 5, 2014 12:48am Sep 5, 2014 12:48am
Quoting Ill-b-back
{quote} Kind of thinking the same as a firm possibility to the 50 fib
exactly i said 1.60 based on the 50 fib, but it already hit the 61.8 fib level and it looks a good support level for the cable...
  • #396,568
  • Sep 5, 2014 12:56am Sep 5, 2014 12:56am
Quoting Ill-b-back
{quote} Now where is he? C'mon bro, your made of stronger stuff I'm sure.
If he doesn't wanna answer you "after quoting him" at least he should say something to his followers! it's like he kept on calling to buy from 6720 area and then when it went totally the opposite side and broke his bottom line (6500) he just vanished!! wonder if he gonna show up again when it starts to retrace to tell us it's going based on his plan
  • #396,569
  • Sep 5, 2014 1:16am Sep 5, 2014 1:16am
hi all,
any chance of the bulls trying again from here?
Attached Image
  • #396,570
  • Sep 5, 2014 1:16am Sep 5, 2014 1:16am
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morning that what longing will have to overcome ,1 get back into the tc,2,normally the 10 ema is a good retrace for scalping,but it looks like the tl and 10 will be right on the line .. question is support strong enough ,on the weekly it stopped on 50 smoothed ema ,which as we know is a long period ema hence having it on the weekly ,,plus oversold rsi,,plus long term monthly support,,if all that fails then you cant fight the slaughter,,
  • #396,571
  • Sep 5, 2014 1:17am Sep 5, 2014 1:17am
Just want to say this

on HDA
Anyone anytime can be proven wrong.As much as I remember his posts he did mention his stop loss is around 300pips and I am sure he closed his losing trades.
Does he have to come here and announce it?No! obligated? No!
Did some follow him? Sure and that's trading everyone is responsible for his trades.
Some rather arrogantly and rudely commented "his muppets" come to defend him.This is not even close.I am just stating my view rather objectively.
Has anyone here never been in a losing trade? Impossibility so what's the fuss.Let the guy be.
In trading, you have to be defensive and aggressive at the same time
  • #396,572
  • Sep 5, 2014 1:29am Sep 5, 2014 1:29am
Quoting Davit
Just want to say this on HDA Anyone anytime can be proven wrong.As much as I remember his posts he did mention his stop loss is around 300pips and I am sure he closed his losing trades. Does he have to come here and announce it?No! obligated? No! Did some follow him? Sure and that's trading everyone is responsible for his trades. Some rather arrogantly and rudely commented "his muppets" come to defend him.This is not even close.I am just stating my view rather objectively. Has anyone here never been in a losing trade? Impossibility so what's the...
+ 1

Even if his SL is 1000 pips. What does it matter? His style His plan.
  • #396,573
  • Sep 5, 2014 1:47am Sep 5, 2014 1:47am
Quoting 2012mysterio
{quote} + 1 Even if his SL is 1000 pips. What does it matter? His style His plan.
There are traders here actually reading now that progressively kept buying on every dip and kept hitting stops and kept doing the same over and over.
Not going to mention name but you know who you are.
Does it matter? No.None of my business.Not my account.
In trading, you have to be defensive and aggressive at the same time
  • #396,574
  • Sep 5, 2014 2:08am Sep 5, 2014 2:08am
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1st hurdle
  • #396,575
  • Sep 5, 2014 2:10am Sep 5, 2014 2:10am

62xx
all is good.
carry on
  • #396,576
  • Sep 5, 2014 2:18am Sep 5, 2014 2:18am
Quoting Davit
{quote} There are traders here actually reading now that progressively kept buying on every dip and kept hitting stops and kept doing the same over and over. Not going to mention name but you know who you are. Does it matter? No.None of my business.Not my account.
Yes, everyone has their methods, that may work some times, but not every time.

In the end, only thing that matters, is consistent gains, week after week for any of us.
Can we grow it every week? every month? every year? if Yes, you have arrived.

If someone trades completely different from how another person trades, but they make their account
grow month after month, year after year, its all good no matter how they trade..IMO.

I dont come from conventional rules thinking..
  • #396,577
  • Sep 5, 2014 2:21am Sep 5, 2014 2:21am
Quoting eliasahmar
{quote} If he doesn't wanna answer you "after quoting him" at least he should say something to his followers! it's like he kept on calling to buy from 6720 area and then when it went totally the opposite side and broke his bottom line (6500) he just vanished!! wonder if he gonna show up again when it starts to retrace to tell us it's going based on his plan
I'm not into bagging people for losing trades.
BUT, I feel it is naïve to classify him as just another trader who got it wrong on a trade.
We all make mistakes but his presence, assurance and "secret" as he called it comes with some responsibility to keep people informed when things look awry.
He disappears when things go wrong?
No problem, but he could do much better given the posturing etc that he did.
I'm trying a long here back "towards" the weekly 55 ema at 1.65ish.

and will report the result lol...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDWeekly.png Size: 40 KB
Come with me if you want to live....
  • #396,578
  • Sep 5, 2014 2:23am Sep 5, 2014 2:23am
Quoting chazzle
FTSE 100 H1 lacking momentum for b/o north? {image}
still going with this idea
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  • #396,579
  • Sep 5, 2014 2:24am Sep 5, 2014 2:24am
Good Morning!
Today's S/R Levels on MT4 Templates

EURO
CABLE
AUDUSD
EURJPY
S&P 500
GOLD

http://www.forexfactory.com/showthre...13#post7718813

EURO PINK
CABLE PINK
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #396,580
  • Sep 5, 2014 2:25am Sep 5, 2014 2:25am
Quoting Ill-b-back
{quote} I'm not into bagging people for losing trades. BUT, I feel it is naïve to classify him as just another trader who got it wrong on a trade. We all make mistakes but his presence, assurance and "secret" as he called it comes with some responsibility to keep people informed when things look awry. He disappears when things go wrong? No problem, but he could do much better given the posturing etc that he did. I'm trying a long here back "towards" the weekly 55 ema at 1.65ish. and will report the result lol... {image} {image}
Your Money is Mine Coz I am SHORT to GU 1.62055
SHORT EJ to 134.947
A good trader follows his rules, but great trader knows when to break them
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Ahsan