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Cable Update (GBPUSD)

  • #400,141
  • Sep 25, 2014 5:02am Sep 25, 2014 5:02am
Quoting ill_be_back
{quote} I have 1.86069
@ill_be_back:

When I do the math, I keep getting 1.8500 short term and then more consolidation. I'm not getting 1.86069.

However, you could be right -

Let's See What Happens


Warm regards,
HDA
  • #400,142
  • Sep 25, 2014 5:06am Sep 25, 2014 5:06am
Quoting HDA
{quote} @ill_be_back: When I do the math, I keep getting 1.8500 short term and then more consolidation. I'm not getting 1.86069. However, you could be right - Let's See What Happens Warm regards, HDA
Will try to get more accurate numbers as we get close to destination
A good trader follows his rules, but great trader knows when to break them
  • #400,143
  • Sep 25, 2014 5:10am Sep 25, 2014 5:10am
pp at 6315 was hit plus 55 pips from 6370 wait till confirm or pass the 200 to go higher flat gbus
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short for me back under 6300 ,
  • #400,144
  • Sep 25, 2014 5:19am Sep 25, 2014 5:19am
Quoting ill_be_back
{quote} Will try to get more accurate numbers as we get close to destination
@ill_be_back:

Understood.

After those options barriers for USD/CAD, should we get by them, which may prove to a very tough challenge - between 1.1125 and 1.1200, OFFERs are lined up to keep USD/CAD from getting to 1.1200 easily.

So with the stiff challenge in front of USD/CAD to pull GBP/CAD up - we are looking at a concerted effort between both the GBP/USD and USD/CAD rising alternately or simultaneously in order to get the job done.

It is going to be a difficult task to get to 1.8500 because of the battle being fought by the bears with USD/CAD

Warm regards
HDA
  • #400,145
  • Sep 25, 2014 5:26am Sep 25, 2014 5:26am
I'm short from 1.6403 with maximum available size targeting 1.6190 for TP with NO SL!
Good luck everybody
  • #400,146
  • Sep 25, 2014 5:27am Sep 25, 2014 5:27am
Quoting HDA
{quote} @ill_be_back: When I do the math, I keep getting 1.8500 short term and then more consolidation. I'm not getting 1.86069. However, you could be right - Let's See What Happens Warm regards, HDA
Hi HDA/IBB - Can I ask how you are calculating those numbers - just curious.
  • #400,147
  • Sep 25, 2014 5:31am Sep 25, 2014 5:31am
Quoting chazzle
Try a short here between Tuesday low and flag bottom - void if we climb back inside GU D1 M15 {image} {image}
calling it a scalp and closing here - probably done for the day
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  • #400,148
  • Sep 25, 2014 5:32am Sep 25, 2014 5:32am
Trade confirmation
On 25-Sep-2014 at 10:02:15 (GMT)
You sold 1 GBPCAD @ 1.81202 for value date 29-Sep-2014
Front office position id: 141776120
sl 8137 target 1.800

Account: 5589929
Trade confirmation
On 25-Sep-2014 at 10:26:41 (GMT)
You sold GBPUSD @ 1.63015 for value date 29-Sep-2014
Front office position id: 141777616
Account: 5589929
sl 6315 target 6258, 6234

off to board meeting now,,,phone will be smuggled in ?? that if she does not search me ,?? lol i wil put it in a nice place where a man would not mind being searched???? gl see you in 2 hours
  • #400,149
  • Sep 25, 2014 5:36am Sep 25, 2014 5:36am
Quoting elbert3
i wil put it in a nice place where a man would not mind being searched???? gl see you in 2 hours


It's a Good thing Your Boss is female

  • #400,150
  • Sep 25, 2014 5:39am Sep 25, 2014 5:39am
Quoting elbert3
off to board meeting now,,,phone will be smuggled in ?? that if she does not search me ,??
is that a large cell phone in your pocket or are you just pleased to see me?
Attached Image
  • #400,151
  • Sep 25, 2014 5:42am Sep 25, 2014 5:42am
Quoting HDA
{quote} It's a Good thing Your Boss is female
its the wife lol i just chair it,, she bans me from having the phone,,lol long story ,,gl late now,, E
  • #400,152
  • Sep 25, 2014 5:43am Sep 25, 2014 5:43am
Quoting chazzle
{quote} is that a large cell phone in your pocket or are you just pleased to see me? {image}
both,, off, gl lol
  • #400,153
  • Sep 25, 2014 5:44am Sep 25, 2014 5:44am
Quoting elbert3
i wil put it in a nice place where a man would not mind being searched???? gl see you in 2 hours
You mean like ... in your Tool box? ... lol
Ghost Rider - WWTBMD?
  • #400,154
  • Sep 25, 2014 5:45am Sep 25, 2014 5:45am
Quoting stewrigh
{quote} Hi HDA/IBB - Can I ask how you are calculating those numbers - just curious.
@stewrigh:

Its too much to type out the calculations.

I use distance in terms of pips as it relates to USD/CAD from a specific point A to point B then multiply by 2 and apply that SUM to GBP/CAD for distant to trade.

Warm regards,
HDA
  • #400,155
  • Sep 25, 2014 5:47am Sep 25, 2014 5:47am
Quoting chazzle
{quote} is that a large cell phone in your pocket or are you just pleased to see me? {image}
@chazzle:

THE COMMENTATOR can't trade on that phone - lol -

You're a funny guy - lol

HDA OUT
  • #400,156
  • Sep 25, 2014 5:52am Sep 25, 2014 5:52am
Quoting HDA
{quote} @stewrigh: Its too much to type out the calculations. I use distance in terms of pips as it relates to USD/CAD from a specific point A to point B then multiply by 2 and apply that SUM to GBP/CAD for distant to trade. Warm regards, HDA
Thanks H - thought it might be something like that but thought I'd ask anyway - not for me I like to keep things simple.
  • #400,157
  • Sep 25, 2014 5:56am Sep 25, 2014 5:56am
Quoting chazzle
{quote} bearflag? GU D1 {image}
good analysis
see it
broken flag ... bearish pattern
I am waiting for trigger.
go short
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  • #400,158
  • Edited 6:07am Sep 25, 2014 5:56am | Edited 6:07am
I know that everyone seems to be saying that this pair are going down and over the next few days, it certainly looks that way but . . . .
PA looks like being rejected again at the 627x level and is currently sitting on the .382 Fib and the big number at around 6300. There have been three neutral dojis for the past three hours, it's also sitting on the Daily S1 and I can't help but think that it's about to go back up to re-test at the 64xx or even 65xx levels.
Comments please?
(Waiting to see where the 4H closes)
  • #400,159
  • Sep 25, 2014 5:59am Sep 25, 2014 5:59am
Quoting Perspolis
{quote} good analysis see it broken flag ... bearish pattern I am waiting for trigger. go short {image}
thanks mate - what's your trigger? Retest of upper pitchfork line?
Attached Image
  • #400,160
  • Sep 25, 2014 5:59am Sep 25, 2014 5:59am
Quoting Pharm0r
{quote} I'll be sticking to my L. Daily and another 4H close above.
annnnnd that didn't end well. Stopped out over night.

Mornin' folks

will be looking to short from the same position i was long yesterday
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