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Cable Update (GBPUSD)

  • #401,881
  • Oct 6, 2014 7:27am Oct 6, 2014 7:27am
Quoting Xxavier
{quote} Good trade GM.... Looks like its getting ready to move down... Thoughts on shorting now???
I'm with you, eyes on november 2013 lows
  • #401,882
  • Oct 6, 2014 7:46am Oct 6, 2014 7:46am
Quoting Xxavier
{quote} Good trade GM.... Looks like its getting ready to move down... Thoughts on shorting now???
Cheers Xxavier. Too choppy right now. Waiting for shorts to set up ...
Hear the music before the song is over ...
  • #401,883
  • Oct 6, 2014 7:56am Oct 6, 2014 7:56am
Quoting GlobalMacro
{quote} Cheers Xxavier. Too choppy right now. Waiting for shorts to set up ...
Thank you GM... I am waiting for confirmation before i go short... I am in Gold shorts from 1234... Do you trade metals?
  • #401,884
  • Oct 6, 2014 7:56am Oct 6, 2014 7:56am
Quoting darrenware
{quote} Cable is really struggling to get there...
even 1.6065..........
  • #401,885
  • Edited 8:56am Oct 6, 2014 8:03am | Edited 8:56am
Quoting Xxavier
{quote} Thank you GM... I am waiting for confirmation before i go short... I am in Gold shorts from 1234... Do you trade metals?
Sometimes. Lately seems Gold mostly running stops. Friday had a good move tho.
Hear the music before the song is over ...
  • #401,886
  • Oct 6, 2014 9:03am Oct 6, 2014 9:03am
Quoting thegmann
hey guys, was gone most of last week from Wednesday till today so sadly missed the bulk of this downtrend continuation. Looks like shorts from 1.62500 area would of put me in a nice profit but ah well life called. Level to watch now is 1.59000 obviously huge support level and I would expect some bounce from these level will be setting up small longs from here and then continue to sell the retraces on the way down to 1.58-1.578 levels. Setting short at 1.60 s/l 1.60350 tp open toward 1.59 {image} {image} {image}
short triggered 1.60 lets see what happens.
  • #401,887
  • Oct 6, 2014 9:39am Oct 6, 2014 9:39am
interesting-Cable about Cable:



http://www.bloomberg.com/news/2014-1...k-exports.html
  • #401,888
  • Oct 6, 2014 9:53am Oct 6, 2014 9:53am
Pending Buy GCAD 1.78722
A good trader follows his rules, but great trader knows when to break them
  • #401,889
  • Oct 6, 2014 10:08am Oct 6, 2014 10:08am
Think we found our top at 1.60100, anyone else short from here?
non si dimentichi mai
  • #401,890
  • Oct 6, 2014 10:14am Oct 6, 2014 10:14am
Quoting plus50
Think we found our top at 1.60100, anyone else short from here?
Not yet will go to 1.6038
A good trader follows his rules, but great trader knows when to break them
  • #401,891
  • Oct 6, 2014 10:18am Oct 6, 2014 10:18am
Quoting ill_be_back
{quote} Not yet will go to 1.6038
why's that?
  • #401,892
  • Oct 6, 2014 10:19am Oct 6, 2014 10:19am
Quoting ill_be_back
{quote} Not yet will go to 1.6038
Thnx for the input, will keep SL tight.
non si dimentichi mai
  • #401,893
  • Oct 6, 2014 10:26am Oct 6, 2014 10:26am
Quoting Xxavier
{quote} Thank you GM... I am waiting for confirmation before i go short... I am in Gold shorts from 1234... Do you trade metals?
Trying a small long here @ 1.6011.. sL: 1.5990.. looking for a 10-20 pips
  • #401,894
  • Oct 6, 2014 10:27am Oct 6, 2014 10:27am
Quoting ill_be_back
{quote} Not yet will go to 1.6038
not yet will go to 1.6057
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 21 KB
Money is made by sitting, not trading. Jesse L. Livermore
  • #401,895
  • Oct 6, 2014 10:42am Oct 6, 2014 10:42am
Quoting sam69
{quote} not yet will go to 1.6057 {image}
Max High I have is 1.60456
A good trader follows his rules, but great trader knows when to break them
  • #401,896
  • Oct 6, 2014 11:11am Oct 6, 2014 11:11am
Quoting Xxavier
{quote} Trying a small long here @ 1.6011.. sL: 1.5990.. looking for a 10-20 pips
Done. Closed for 14 pips
  • #401,897
  • Oct 6, 2014 11:22am Oct 6, 2014 11:22am
Quoting ill_be_back
{quote} Today its going UP to 1.603xx
Touched 1.6030
But waiting for this to go a bit Higher 1.60375 to SHORT
A good trader follows his rules, but great trader knows when to break them
  • #401,898
  • Oct 6, 2014 11:53am Oct 6, 2014 11:53am
Looking for the 78.6% fib retracement @1.6050 on my hourly. I wonder if it will touch?
  • #401,899
  • Oct 6, 2014 12:07pm Oct 6, 2014 12:07pm
Quoting ill_be_back
{quote} Touched 1.6030 But waiting for this to go a bit Higher 1.60375 to SHORT
And the pending sell @ 1.60375 Triggered
Lets see what happens
A good trader follows his rules, but great trader knows when to break them
  • #401,900
  • Oct 6, 2014 12:21pm Oct 6, 2014 12:21pm
Quoting Dr.Blue
Looking for the 78.6% fib retracement @1.6050 on my hourly. I wonder if it will touch?
That was the low of the Scottish referendum meltdown. I would expect a few limit sell orders at that level and I would expect it to be tested eventually, possibly even today...
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