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Cable Update (GBPUSD)

  • #398,141
  • Sep 11, 2014 7:41am Sep 11, 2014 7:41am
Quoting PoundTrader
Navin i tried my best to keep this pair going down but then the real big boys showed up and showed me who's boss {image}
it might rip back up here ??? i was looking a t 1.82 ..same as you where plenty of time yet i thought it would of went straight up,, ?? must be some tight reins on this thing ,,lets see if they get out of shorts
  • #398,142
  • Sep 11, 2014 8:14am Sep 11, 2014 8:14am
Quoting elbert3
{quote} going for the full 161 on the last move 290 area ???
1.6290 is game Billy. Good chance it'll be reached.
But entry was lower , now's too late unless it retrace quick.
Are you on it ?
Hear the music before the song is over ...
  • #398,143
  • Sep 11, 2014 8:30am Sep 11, 2014 8:30am
Just when you think are good...that is when you get beat.

Took a stupid freaking breakout trade long. Never should have done it. -25 pips.

Move was way over extended, never take the initial breakout long when the move is over done. 6th wave on the midrange chart. Great example of what NOT to do!

Totally lost focus and got greedy.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-09-11_Loss.png Size: 44 KB
  • #398,144
  • Sep 11, 2014 8:38am Sep 11, 2014 8:38am
I think we sell tomorrow? Next week?
The daily looks dodgy to me.

Johnny Pants Down....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 24 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 35 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 43 KB
Come with me if you want to live....
  • #398,145
  • Sep 11, 2014 8:41am Sep 11, 2014 8:41am
Closing all longs here for 180 pips. Flat now.
  • #398,146
  • Sep 11, 2014 8:57am Sep 11, 2014 8:57am
Quoting GlobalMacro
{quote} 1.6290 is game Billy. Good chance it'll be reached. But entry was lower , now's too late unless it retrace quick. Are you on it ?
been having tea, no stress all off at 47 before not worth going in ,,always time i am not rushing into it,,posted before i thought that 250 are would of been dicey should of went short at the same time,,but flat no trades cad brill flat there ahhhhhhh lol
  • #398,147
  • Sep 11, 2014 8:59am Sep 11, 2014 8:59am
So much for that gap huh?
  • #398,148
  • Sep 11, 2014 9:07am Sep 11, 2014 9:07am
It's possible the reason behind PA cascading to 6213 from 6269 (56 pips) is to gather the momentum to close the gap
  • #398,149
  • Sep 11, 2014 9:10am Sep 11, 2014 9:10am
Quoting Pharm0r
So much for that gap huh?
patience


Trade confirmation
On 11-Sep-2014 at 14:05:04 (GMT)
You bought 2 GBPUSD @ 1.62368 for value date 15-Sep-2014
Front office position id: 141438595
Account: 5589929

sl 6210
  • #398,150
  • Sep 11, 2014 9:11am Sep 11, 2014 9:11am
Quoting Bydyke
It's possible the reason behind PA cascading to 6213 from 6269 (56 pips) is to gather the momentum to close the gap
Attached Image (click to enlarge)
Click to Enlarge Name: 30.png Size: 62 KB
6194,possible long too i might hold the sl and see what it looks like here
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 58 KB
  • #398,151
  • Sep 11, 2014 9:13am Sep 11, 2014 9:13am
Allow me to correct you......

PATIENCE
  • #398,152
  • Sep 11, 2014 9:15am Sep 11, 2014 9:15am
Quoting elbert3
{quote} been having tea, no stress all off at 47 before not worth going in ,,always time i am not rushing into it,,posted before i thought that 250 are would of been dicey should of went short at the same time,,but flat no trades cad brill flat there ahhhhhhh lol
I'm eyeing levels for short entry. This puppy can drop in a heartbeat...case in point from 670 to 614 ... whoops...
Good thing Nav got out of his longs , no ?
Hear the music before the song is over ...
  • #398,153
  • Sep 11, 2014 9:16am Sep 11, 2014 9:16am
I see people are still not selling each spike...well, its your money, guys.
Everyone can see the chart, but only a few can actually read it.
  • #398,154
  • Sep 11, 2014 9:18am Sep 11, 2014 9:18am
Quoting Pharm0r
Allow me to correct you...... PATIENCE
lol dsorry dickliksick ????
  • #398,155
  • Sep 11, 2014 9:20am Sep 11, 2014 9:20am
Quoting GlobalMacro
{quote} I'm eyeing levels for short entry. This puppy can drop in a heartbeat...case in point from 670 to 614 ... whoops... Good thing Nav got out of his longs , no ?
yes some good calls there ,, well done all i would say at that level 250 area but lets see if it loads up,,
  • #398,156
  • Sep 11, 2014 9:20am Sep 11, 2014 9:20am
Quoting GlobalMacro
{quote} I'm eyeing levels for short entry. This puppy can drop in a heartbeat...case in point from 670 to 614 ... whoops... Good thing Nav got out of his longs , no ?
u can say that again bro..my nuts nearly got chop
  • #398,157
  • Sep 11, 2014 9:25am Sep 11, 2014 9:25am
Quoting elbert3
{quote} yes some good calls there ,, well done all i would say at that level 250 area but lets see if it loads up,,
i have a micro short from 1.7 which is the only one in the higher range that i didnt cash in
i almost cashed it this money..i wonder what HDA must be thinking, especailly with u turn?
  • #398,158
  • Sep 11, 2014 9:27am Sep 11, 2014 9:27am
Lets try a sell from 1.6252
  • #398,159
  • Sep 11, 2014 9:28am Sep 11, 2014 9:28am
Quoting elbert3
{quote} {image} 6194,possible long too i might hold the sl and see what it looks like here {image}
I also believe EMA 20 on H1 has a solid say on the direction of GU for the rest of the day
  • #398,160
  • Sep 11, 2014 9:30am Sep 11, 2014 9:30am
Quoting elbert3
{quote} yes some good calls there ,, well done all i would say at that level 250 area but lets see if it loads up,,
Thanks , man.
It could. It won't get on without shaking out the weak shorties first.
Hear the music before the song is over ...
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