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Cable Update (GBPUSD)

  • #399,401
  • Sep 19, 2014 11:43am Sep 19, 2014 11:43am
Quoting fxtyrant
{quote} Dont worry im only 80 pips in profit too bad it did t want to retest high for my second pending short oh well gona be grateful for what market gives ps. Btw i work in a treasury for an international bank in HK now {image}
Closed for 82 pip profit
dont wana hold the position over the weekend
still expecting GBPUSD to test recent lows around 1.6150.... will see how price reacts there before i make any move.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #399,402
  • Sep 19, 2014 11:52am Sep 19, 2014 11:52am
Quoting GlobalMacro
{quote} Raising T/P to 1.6700 temporarily in case of a spike ... ---> long @ 1.6360 sl: 1.6279 tp : 1.6700

Closing longs here @ 1.6306 and Entering shorts:

short @ 1.6306

sl: 1.6404

tp: 1.6200
Hear the music before the song is over ...
  • #399,403
  • Sep 19, 2014 1:41pm Sep 19, 2014 1:41pm
Quoting GlobalMacro
{quote} Closing longs here @ 1.6306 and Entering shorts: short @ 1.6306 sl: 1.6404 tp: 1.6200
Dark Cloud Cover at its best.

Increasing my T/P size to 1.6100 from 1.6200 , S/L Unchanged.

---->
short @ 1.6306

sl : 1.6404

tp : 1.6100
Attached Image
Hear the music before the song is over ...
  • #399,404
  • Sep 19, 2014 2:06pm Sep 19, 2014 2:06pm
Quoting GlobalMacro
{quote} Dark Cloud Cover at its best. Increasing my T/P size to 1.6100 from 1.6200 , S/L Unchanged. ----> short @ 1.6306 sl : 1.6404 tp : 1.6100 {image}
This is going DOWN, My Target 1.60834
A good trader follows his rules, but great trader knows when to break them
  • #399,405
  • Sep 19, 2014 2:12pm Sep 19, 2014 2:12pm
Quoting GlobalMacro
{quote} Dark Cloud Cover at its best. Increasing my T/P size to 1.6100 from 1.6200 , S/L Unchanged. ----> short @ 1.6306 sl : 1.6404 tp : 1.6100 {image}
hi GM,

do daily candelstick patterns work these days? i got stopped out in cable several times the last 48 hours (different time frame).
hopefully iŽll do better next week...

all the best
d1
fortis fortuna adiuvat
  • #399,406
  • Sep 19, 2014 2:18pm Sep 19, 2014 2:18pm
This action was a given (actual result was never going lead to further upside.. for now).

Those that were hoping for extra pips (long on the no vote) need to understand that contrarian mindsets will rule here (TP before news!). The market will not obey logic nor hindsight.

Seemingly found a floor here at 1.6310
Corripe Cervisiam!
  • #399,407
  • Sep 19, 2014 2:24pm Sep 19, 2014 2:24pm
Quoting ill_be_back
{quote} This is going DOWN, My Target 1.60834
I like the way you wrote DOWN and your 84 even more ... I'm happy with 1.6100 tho this time ...
Hear the music before the song is over ...
  • #399,408
  • Sep 19, 2014 2:25pm Sep 19, 2014 2:25pm
Quoting deltaone
{quote} hi GM, do daily candelstick patterns work these days? i got stopped out in cable several times the last 48 hours (different time frame). hopefully iŽll do better next week... all the best d1
Like I Said before All you need is


Quoting ill_be_back
DATA release, S&R, FIBS, Clock, Is All U Need
A good trader follows his rules, but great trader knows when to break them
  • #399,409
  • Sep 19, 2014 2:26pm Sep 19, 2014 2:26pm
Quoting deltaone
{quote} hi GM, do daily candelstick patterns work these days? i got stopped out in cable several times the last 48 hours (different time frame). hopefully iŽll do better next week... all the best d1
Howdy D1,
they only work when they match my analysis
Hear the music before the song is over ...
  • #399,410
  • Sep 19, 2014 2:29pm Sep 19, 2014 2:29pm
Quoting paddlepip
This action was a given (actual result was never going lead to further upside.. for now). Those that were hoping for extra pips (long on the no vote) need to understand that contrarian mindsets will rule here (TP before news!). The market will not obey logic nor hindsight. Seemingly found a floor here at 1.6310
its actually logical if u ask me..
before the verdict there was a chance of the vote being yes..this opened major risk to the downside. Hence the big move south..but a no vote means normality (the same as b4)...so why would gbp rise to the moon when nothing has actually changed?..i do not understand the logic in a big rise

the rise was priced in when cable was around 1.6 when news was suggesting there was more in favour of no vote, risk reduced and people bought
  • #399,411
  • Sep 19, 2014 2:31pm Sep 19, 2014 2:31pm
Quoting GlobalMacro
{quote} Howdy D1, they only work when they match my analysis
good luck
fortis fortuna adiuvat
  • #399,412
  • Sep 19, 2014 2:31pm Sep 19, 2014 2:31pm
Quoting nAVIN2007
{quote} its actually logical if u ask me.. before the verdict there was a chance of vote being yes..this open major risk to the downside hence the big move south..but a no vote just means normality...so why would gbp rise to the moon when nothing has actually changed?..i do not understand the logic in a big rise the rise was priced in when cable was around 1.6 when news was suggesting there was more in favour of no vote
A good trader follows his rules, but great trader knows when to break them
  • #399,413
  • Sep 19, 2014 2:37pm Sep 19, 2014 2:37pm
Quoting ill_be_back
{quote}
"Everyone wants to go to heaven, but no one wants to die."

exactly
  • #399,414
  • Sep 19, 2014 2:50pm Sep 19, 2014 2:50pm
Alright... All you wonderful traders. It's time for the finer things in life.

Have a great weekend. Make sure you enjoy it.

Attached Image
Hear the music before the song is over ...
  • #399,415
  • Sep 19, 2014 3:03pm Sep 19, 2014 3:03pm
Quoting GlobalMacro
Alright... All you wonderful traders. It's time for the finer things in life. Have a great weekend. Make sure you enjoy it. {image}
ok, wish you a productive weekend, "teacher"

https://encrypted-tbn1.gstatic.com/i...yPNGy_1FDGcrmw
fortis fortuna adiuvat
  • #399,416
  • Edited 3:57pm Sep 19, 2014 3:27pm | Edited 3:57pm
Quoting GlobalMacro
Alright... All you wonderful traders. It's time for the finer things in life. Have a great weekend. Make sure you enjoy it. {image}

enjoy bro..by the way u have good taste in women
  • #399,417
  • Sep 19, 2014 3:40pm Sep 19, 2014 3:40pm
Quoting fxtyrant
{quote} Dont worry im only 80 pips in profit too bad it did t want to retest high for my second pending short oh well gona be grateful for what market gives ps. Btw i work in a treasury for an international bank in HK now {image}
Well done, nice to have a challenge
Come with me if you want to live....
  • #399,418
  • Sep 19, 2014 4:31pm Sep 19, 2014 4:31pm
Quoting nAVIN2007
{quote} enjoy bro..by the way u have good taste in women
Thanks bro , you too , make it a great one.

I know You and Billy appreciate fine ladies as well but I have my doubts about our colleague Deltaone

See you next week
Hear the music before the song is over ...
  • #399,419
  • Sep 19, 2014 4:43pm Sep 19, 2014 4:43pm
Quoting GlobalMacro
{quote} Thanks bro , you too , make it a great one. I know You and Billy appreciate fine ladies as well but I have my doubts about our colleague Deltaone See you next week
?
women come and go, a lady stays when sheŽs meeting an equal gentleman
she is mine since 17 years and gave me two wonderfull children. maybe you sould move from a boy to a man and get children
have a great we, my friend.
cu
fortis fortuna adiuvat
  • #399,420
  • Sep 19, 2014 5:09pm Sep 19, 2014 5:09pm
Quoting deltaone
{quote} ? women come and go, a lady stays when sheŽs meeting an equal gentleman she is mine since 17 years and gave me two wonderfull children. maybe you sould move from a boy to a man and get children have a great we, my friend. cu
WhoooWeee....Did I hit a nerve or what ... I knew something was up ... No problems If you don't like ladies.

Is that why you cook and go shopping all day long ? ( you keep mentioning this in your posts while you trade )..I mean seriously , lol

Anyway you're way too tense ... Cheer up it's weekend.

By the way I have a fine lady already and she's waiting otherwise she thinks I got something going on the side with you

Anyway thanks again for your advice Mrs. Man ...

Take it easy , I gotta run.
Hear the music before the song is over ...
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