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Cable Update (GBPUSD)

  • #402,001
  • Oct 7, 2014 4:33am Oct 7, 2014 4:33am
Quoting poseikwame
{quote} just confused here... i think i missed out on the level... whts the next short entry level if theres any...
1.6115 was the first short level though... theres nothing below it to short....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,002
  • Oct 7, 2014 4:39am Oct 7, 2014 4:39am
Quoting fxtyrant
{quote} 1.6115 was the first short level though... theres nothing below it to short....
guess i missed the train... noticing the lowest its been today @4am was 16026 and highest has been 16117.2. do we vision it coming down to its lowest point which was 16026 area?
  • #402,003
  • Oct 7, 2014 4:42am Oct 7, 2014 4:42am
Quoting poseikwame
{quote} just confused here... i think i missed out on the level... whts the next short entry level if theres any...
No second levels, Pal , if you missed out on the original one , you gotta wait .... c est la vie ... as they say in the euro country , I think ...
Hear the music before the song is over ...
  • #402,004
  • Oct 7, 2014 4:44am Oct 7, 2014 4:44am
Quoting GlobalMacro
{quote} No second levels, Pal , if you missed out on the original one , you gotta wait .... c est la vie ... as they say in the euro country , I think ...
looool... life is really a beach!!
  • #402,005
  • Oct 7, 2014 4:51am Oct 7, 2014 4:51am
Quoting fxtyrant
{quote} its amazingly predictable that USD sold off on Monday after a data backed buying of USD on friday..... obviously brokers clearing the orders up at 1.61 before the continuation down..... 1.61 was the one they aimed for.... 1.6115 proved to be the broken support turned resistance this week.
Brokers , lol, most of the time their slimey leech a$$es r up to no good but , this was very nice of them to push the market higher for us to short the cr@p out of 'em.
Hear the music before the song is over ...
  • #402,006
  • Oct 7, 2014 4:57am Oct 7, 2014 4:57am
Going to try a long from 1.6043
  • #402,007
  • Oct 7, 2014 5:00am Oct 7, 2014 5:00am
Quoting poseikwame
{quote} looool... life is really a beach!!
P-each? Oh yeah , very delicious , lol.
Hear the music before the song is over ...
  • #402,008
  • Oct 7, 2014 5:03am Oct 7, 2014 5:03am
Quoting GlobalMacro
{quote} Brokers , lol, most of the time their slimey leech a$$es r up to no good but , this was very nice of them to push the market higher for us to short the cr@p out of 'em.
Thats because there were noobs shorting at the bottom or noobs placing long stop orders in the hopes that if it breaks 1.61, it would continue to 1.62 and so on...
lol too easy to figure where the noobs are...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,009
  • Oct 7, 2014 5:12am Oct 7, 2014 5:12am
C' mon, I want my $30
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #402,010
  • Oct 7, 2014 5:15am Oct 7, 2014 5:15am
Quoting fxtyrant
{quote} Thats because there were noobs shorting at the bottom or noobs placing long stop orders in the hopes that if it breaks 1.61, it would continue to 1.62 and so on... lol too easy to figure where the noobs are...
I hear ya man.
Vintage upthrust at work.
Hear the music before the song is over ...
  • #402,011
  • Oct 7, 2014 6:11am Oct 7, 2014 6:11am
hey guys... hows the trading day on cable going so far? Chain Store Sales WoW/YoY - Redbook MoM/YoY infos coming within the next hour and half and also the FOMC talk at 6:20pm London Time... Is there any chance the market could swing the other way?... Also there are rumours of a Major UK Bank Executive confessing to manipulating Bank Rates over the years which seems to be a huge downer but no further details on this rumour out yet.
  • #402,012
  • Oct 7, 2014 6:12am Oct 7, 2014 6:12am
Quoting GlobalMacro
short @ 1.6092 , sl & rev. 1.6115 , tp: 1.6015
C'mon , slide ... run outta bounds ...
Hear the music before the song is over ...
  • #402,013
  • Oct 7, 2014 6:15am Oct 7, 2014 6:15am
Quoting GlobalMacro
{quote} P-each? Oh yeah , very delicious , lol.
not when you bite the sour side of things lool...
  • #402,014
  • Oct 7, 2014 6:24am Oct 7, 2014 6:24am
Quoting poseikwame
{quote} not when you bite the sour side of things lool...
keep an eye on the lows , if they knock enem down , will keep pressure on ...
Hear the music before the song is over ...
  • #402,015
  • Oct 7, 2014 6:31am Oct 7, 2014 6:31am
Quoting GlobalMacro
{quote} C'mon , slide ... run outta bounds ...
No cause to worry on this one Global Macro..i am holding a short since 1.6302..its headed for 1.59 then 1.58..anybody doing counter trend trades better be of the agile kind..its deleterious to challenge a moving train on its tracks..moreso if its hellbent moving downhill..
Carpe Diem
  • #402,016
  • Oct 7, 2014 6:33am Oct 7, 2014 6:33am
Quoting nkimandi
{quote} No cause to worry on this one..i am holding a short at 1.6302..its headed for 1.59 then 1.58..anybody counter trend trades better be the agile kind..its deleterious to challenge a train on its tracks..
well a train can always be derailed... and that wouldn't be a good look.
  • #402,017
  • Oct 7, 2014 6:34am Oct 7, 2014 6:34am
Quoting GlobalMacro
short @ 1.6092 , sl & rev. 1.6115 , tp: 1.6015
Stalling ...

Out @ 1.6059 for +33 pips.
Position square now.
Hear the music before the song is over ...
  • #402,018
  • Edited 6:53am Oct 7, 2014 6:35am | Edited 6:53am
lets see if we can get past 1.6072 and make it a support..........
  • #402,019
  • Oct 7, 2014 6:43am Oct 7, 2014 6:43am
Quoting poseikwame
{quote} well a train can always be derailed... and that wouldn't be a good look.

hahahehehe...i am on top of the train and not inside it such that when you derail it mine will be a simple jump off and belly roll into the surrounding bush..watching the motha on d1 & W1 especially wick formations
Carpe Diem
  • #402,020
  • Oct 7, 2014 6:45am Oct 7, 2014 6:45am
Quoting nkimandi
{quote} No cause to worry on this one Global Macro..i am holding a short since 1.6302..its headed for 1.59 then 1.58..anybody doing counter trend trades better be of the agile kind..its deleterious to challenge a moving train on its tracks..moreso if its hellbent moving downhill..
Good trade you have on right there , NK.
I started selling for my L/T position around that level last week as well but took profit on friday around 1.5974.
Straddling for now.
Hear the music before the song is over ...
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