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Cable Update (GBPUSD)

  • #402,981
  • Oct 15, 2014 8:33am Oct 15, 2014 8:33am
found opportunity to short EURUSD at 1.28.
lol i still have my SL for the GBPUSD at 1.6088 shorted from 1.6250 soo thats still good...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,982
  • Oct 15, 2014 8:44am Oct 15, 2014 8:44am
10s below 2% --> -12%
Hear the music before the song is over ...
  • #402,983
  • Oct 15, 2014 8:54am Oct 15, 2014 8:54am
sling shot ring... rollercoaster day!! Hold your hearts people... don't derail!!
  • #402,984
  • Oct 15, 2014 8:56am Oct 15, 2014 8:56am
Quoting ill_be_back
{quote} As this is my Bounce LEVEL, I will not be SHORTING this any more
GU
A good trader follows his rules, but great trader knows when to break them
  • #402,985
  • Oct 15, 2014 8:58am Oct 15, 2014 8:58am
Quoting ill_be_back
{quote} GU
Any tips for GA?? looks like GU is going through its menstrual circle...
  • #402,986
  • Oct 15, 2014 9:00am Oct 15, 2014 9:00am
Quoting fxtyrant
found opportunity to short EURUSD at 1.28. lol i still have my SL for the GBPUSD at 1.6088 shorted from 1.6250 soo thats still good...
Still holding to that short. was a scary 80 pip drawdown on that trade though....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,987
  • Oct 15, 2014 9:03am Oct 15, 2014 9:03am
Business Inventories m/m!! one word = WOOOOOOOOOOW!!
  • #402,988
  • Oct 15, 2014 9:06am Oct 15, 2014 9:06am
Quoting poseikwame
{quote} Any tips for GA?? looks like GU is going through its menstrual circle...
Just woke up have not done my homework, But the way I see it might go DOWN to 1,80993 before UP
A good trader follows his rules, but great trader knows when to break them
  • #402,989
  • Oct 15, 2014 9:07am Oct 15, 2014 9:07am
Quoting poseikwame
Business Inventories m/m!! one word = WOOOOOOOOOOW!!
you do realize a smaller inventory number is good for the USD?
it actually means businesses are actually selling stuff...
so my guess is that the retail figures are phony.... just to wash out all the shorters... as EURUSD was pretty darn one sided short.... a lot of shorters are washed out now the thing can fall... as retail traders turned bullish after they got wiped out as bears....
i see the EURUSD gaining enough momentum to head for 1.22 now...
a 4H close below 1.2750 would confirm my case.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,990
  • Oct 15, 2014 9:13am Oct 15, 2014 9:13am
Bloody hell come back from a meeting and cables thrown a tantrum!
Enter Signature
  • #402,991
  • Oct 15, 2014 9:18am Oct 15, 2014 9:18am
Quoting fxtyrant
{quote} you do realize a smaller inventory number is good for the USD? it actually means businesses are actually selling stuff... so my guess is that the retail figures are phony.... just to wash out all the shorters... as EURUSD was pretty darn one sided short.... a lot of shorters are washed out now the thing can fall... as retail traders turned bullish after they got wiped out as bears.... i see the EURUSD gaining enough momentum to head for 1.22 now... a 4H close below 1.2750 would confirm my case.
Am i right in saying the data is lagging and if we see big inventory builds then we’ll have cause for concern?
Enter Signature
  • #402,992
  • Oct 15, 2014 9:19am Oct 15, 2014 9:19am
Quoting darrenware
{quote} Am i right in saying the data is lagging and if we see big inventory builds then we’ll have cause for concern?
lol i bet you read that from forexlive...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,993
  • Oct 15, 2014 9:20am Oct 15, 2014 9:20am
Quoting fxtyrant
{quote} lol i bet you read that from forexlive...
Enter Signature
  • #402,994
  • Oct 15, 2014 9:22am Oct 15, 2014 9:22am
Quoting nAVIN2007
{quote}
Hear the music before the song is over ...
  • #402,995
  • Oct 15, 2014 9:25am Oct 15, 2014 9:25am
Quoting navk
{quote} Why did you go across the running train ? {image}
My Bounce level was touched, Next was DOWN, But went higher then my expectation
A good trader follows his rules, but great trader knows when to break them
  • #402,996
  • Oct 15, 2014 9:26am Oct 15, 2014 9:26am
Quoting ill_be_back
{quote} GU
Long GA. here
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM5.png Size: 70 KB
Intraday only.
  • #402,997
  • Oct 15, 2014 9:36am Oct 15, 2014 9:36am
Quoting navk
{quote} Long GA. here {image}
Waiting for this to touch 1.80993
A good trader follows his rules, but great trader knows when to break them
  • #402,998
  • Oct 15, 2014 9:38am Oct 15, 2014 9:38am
Quoting ill_be_back
{quote} Waiting for this to touch 1.80993
I have adding program too, but today's level has reached, so confident of taking this trades.
Intraday only.
  • #402,999
  • Oct 15, 2014 9:40am Oct 15, 2014 9:40am
Quoting nAVIN2007
{quote} very clear and the reason why im long cable..needs a pullback {image}
Yeah, longing GBP/USD is a fundamentally sound trade - IMO. Given that USD is on shaky ground, and GBP looks oversold.
  • #403,000
  • Oct 15, 2014 9:55am Oct 15, 2014 9:55am
Cable is just embarrasing... crooked information got the market shuffling....
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