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Cable Update (GBPUSD)

  • #401,281
  • Oct 1, 2014 1:12pm Oct 1, 2014 1:12pm
Quoting GlobalMacro
Time to get busy: short @ 1.6214 , sl & rev. : 1.6253 , tp: 1.6090
same here-but I like round numbers-TP 1.600
  • #401,282
  • Oct 1, 2014 1:43pm Oct 1, 2014 1:43pm
Quoting fxtyrant
{quote} Hmmm FX (Manipulated), Shares (Valuation), Commodities (Manipulated) let me ask you a question why do you think Oil price would fall when we all know oil price will run out sooner or later? should oil price just rise rise and rise? well my friend there are tons and tons of barrel of oil in US that are in reserve and not priced into the market.... the supply is there... its just not priced in.... imagine if all those reserve oil gets priced in all at the same time... what do you think oil price be like? sooo yea there you go There is no "TRUE"...

You just confirmed my response within your reply...
Peace & Pips
  • #401,283
  • Oct 1, 2014 1:56pm Oct 1, 2014 1:56pm
Quoting ill_be_back
{quote} Me Too, Am going to LONG GCAD when it touches the white line {image}
And the line is touched LONG GCAD 1.80773
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #401,284
  • Oct 1, 2014 1:59pm Oct 1, 2014 1:59pm
Attached Image (click to enlarge)
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  • #401,285
  • Oct 1, 2014 2:34pm Oct 1, 2014 2:34pm
Quoting nAVIN2007
{quote} agree.. still early
"I'm Out" Navin,
& Global... 25 Pip's, Closed Via the "Dumb-Phone".
Gone, Done, Out, "Finit"... !

Navin,
She's all yours now buddy, i'm done w/her for now:
You can take the 'Run @the Windmill', back North Navin,
to 'HDA-Land'. *I did have 1.63 in my Extension's/Price Projections,
but... "I think not" now. -But, who knows w/this Dang Thing, -eh?

I would expect @least a Retrace back up to the Double-Zero's,
on an A-B-C of this Move, but w/o my Charts, again, "Who Knows" !
Best of All Gang,

Jeff Out
I will work to Objectively Identify my Edges
  • #401,286
  • Oct 1, 2014 2:55pm Oct 1, 2014 2:55pm
may try small long scalp at 1.61652 expect at least a little bounce
Attached Image (click to enlarge)
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  • #401,287
  • Oct 1, 2014 3:26pm Oct 1, 2014 3:26pm
Quoting TerpFan2
{quote} "I'm Out" Navin, & Global... 25 Pip's, Closed Via the "Dumb-Phone". Gone, Done, Out, "Finit"... ! Navin, She's all yours now buddy, i'm done w/her for now: You can take the 'Run @the Windmill', back North Navin, to 'HDA-Land'. *I did have 1.63 in my Extension's/Price Projections, but... "I think not" now. -But, who knows w/this...
Well done.
I'm sticking with this one tho. +36 pips in the green as of this writing but
after the whole gyrations today might be a straight line down 2moro , worth keeping it.
Hear the music before the song is over ...
  • #401,288
  • Oct 1, 2014 3:47pm Oct 1, 2014 3:47pm
Quoting adamsfun
{quote} same here-but I like round numbers-TP 1.600
yeah actually I like your T/P very much , definitely a possibility.
Hear the music before the song is over ...
  • #401,289
  • Oct 1, 2014 3:47pm Oct 1, 2014 3:47pm
Amen,

-Makes Sense to me...
Just having a Look at this thing flattening out on a 15 min chart,
i would not DARE to take a long here, and i'm not bias'd... I'm currently Flat.
I'm just saying-

LooK at that Chart Baby,
Man,
-She is just "Prime" for 'Drop, -Just like Asia did Last night,
dropped her, after 8pm EST.

Best of All Global,
Navin, i now "doubt" she will have a run back up, i hate to say it.
-For you buddy, though i would sure hope so.
-I had to cut my losses earlier & head back w/Trend.
'Pray you'll do what's best friend w/your decision...

'Very Best of All Guys,

Jeff Out...
I will work to Objectively Identify my Edges
  • #401,290
  • Oct 1, 2014 6:59pm Oct 1, 2014 6:59pm
Quoting ill_be_back
{quote} Me Too, Am going to LONG GCAD when it touches the white line {image}
I am in too.
Intraday only.
  • #401,291
  • Oct 1, 2014 7:44pm Oct 1, 2014 7:44pm
Quoting thegmann
may try small long scalp at 1.61652 expect at least a little bounce {image}
6130 is safer for a small bounce.
Everyone can see the chart, but only a few can actually read it.
  • #401,292
  • Oct 1, 2014 9:13pm Oct 1, 2014 9:13pm
Fallen to 1.8000 - GC
Intraday only.
  • #401,293
  • Oct 1, 2014 9:22pm Oct 1, 2014 9:22pm
Well... GC STILL GOING DOWN
Intraday only.
  • #401,294
  • Oct 1, 2014 10:08pm Oct 1, 2014 10:08pm
Quoting navk
Well... GC STILL GOING DOWN
I was S/O, Now I have a pending BUY GA at 1.84220,

That was Triggered before I could finish typing this Post

Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #401,295
  • Oct 1, 2014 10:15pm Oct 1, 2014 10:15pm
Quoting ill_be_back
{quote} I was S/O, Now I have a pending BUY GA at 1.84220,
It is true that sometimes the price retraces in Asia and sometimes does'nt.

Better to take trades trades only in trend otherwise take trades only on confirmation of reversal.

Currently the bottom 1.7965 holds, and I am still holding it. Let us see.
Intraday only.
  • #401,296
  • Oct 1, 2014 10:21pm Oct 1, 2014 10:21pm
Quoting navk
{quote} It is true that sometimes the price retraces in Asia and sometimes does'nt. Better to take trades trades only in trend otherwise take trades only on confirmation of reversal. Currently the bottom 1.7965 holds, and I am still holding it. Let us see.
If this goes up 100 pip easy, If it makes a new LOW i will be OUT
A good trader follows his rules, but great trader knows when to break them
  • #401,297
  • Oct 1, 2014 10:30pm Oct 1, 2014 10:30pm
Quoting HDA
Good Morning Forex Factory Members and Guests The GBP/USD options expiry for Thursday, October 2, 2014 are as follows: 1.6285 -pay out US$181 million 1.6265/70 -pay out US$319 million 1.6240 -pay out US$270 million 1.6215 -Market Price at 10:55am Eastern, Wednesday, October 01, 2014 1.6200 -pay out US$308 million 1.6100 -pay out US$1.64 Billion -Do Not Ignore AND The USD/CAD options expiry for Thursday, October 2, 2014 are as follows: 1.1670 - BULLS TARGET 1.1185 - Market Price at 10:55am Eastern, Wednesday, October 1, 2014 1.1150 - pay out US$150...
Many Many Thanks for ur information.
  • #401,298
  • Oct 1, 2014 10:43pm Oct 1, 2014 10:43pm
Quoting kibrul
{quote} Many Many Thanks for ur information.
Funny how most of your posts are in reply to HDA and even your first post on FF was a reply to HDA.
  • #401,299
  • Oct 1, 2014 11:18pm Oct 1, 2014 11:18pm
Quoting ill_be_back
{quote} If this goes up 100 pip easy, If it makes a new LOW i will be OUT
My system clearly shows "no " buy entry at all and only to sell.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM5.png Size: 79 KB
Intraday only.
  • #401,300
  • Oct 1, 2014 11:30pm Oct 1, 2014 11:30pm
Quoting navk
{quote} My system clearly shows "no " buy entry at all and only to sell.
Agree with your system.!!!
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