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Cable Update (GBPUSD)

  • #403,881
  • Oct 24, 2014 4:36am Oct 24, 2014 4:36am
Quoting Ill-b-back
a little breakout with some follow thru? Or is this pair messing with me again? {image} {image}
Freaky Friday .... eh?
Ghost Rider - WWTBMD?
  • #403,882
  • Oct 24, 2014 4:36am Oct 24, 2014 4:36am
Quoting poseikwame
{quote} pair seems confused
it's not alone...
Come with me if you want to live....
  • #403,883
  • Oct 24, 2014 4:37am Oct 24, 2014 4:37am
Quoting albchr
{quote} Freaky Friday .... eh?
piss me off forex is what it is lol...
Come with me if you want to live....
  • #403,884
  • Oct 24, 2014 4:39am Oct 24, 2014 4:39am
Quoting Ill-b-back
{quote} piss me off forex is what it is lol...
... It's like the weather here. Don't like it? Wait 10 minutes it'll change.
Ghost Rider - WWTBMD?
  • #403,885
  • Oct 24, 2014 4:43am Oct 24, 2014 4:43am
Quoting albchr
{quote} Freaky Friday .... eh?
I know right, more like freaky, freaky Friday. And who knows what will happen next week it's a spooktacular Halloween on a Friday.
It's time we stop entertaining ourselves and start realizing ourselves!
  • #403,886
  • Oct 24, 2014 4:43am Oct 24, 2014 4:43am
Quoting albchr
{quote} ... It's like the weather here. Don't like it? Wait 10 minutes it'll change.
just nuts!! absolutely crazy...
  • #403,887
  • Oct 24, 2014 4:49am Oct 24, 2014 4:49am
Quoting poseikwame
{quote} south to 1600 range? dont forget major news due NY open
eyes n ears open hombre ..
  • #403,888
  • Oct 24, 2014 4:55am Oct 24, 2014 4:55am
Quoting moneyflow21
{quote} I know right, more like freaky, freaky Friday. And who knows what will happen next week it's a spooktacular Halloween on a Friday.
Quoting poseikwame
{quote} just nuts!! absolutely crazy...
Pretty typical really. Unless you're in and holding longer term positions, today is a perfect example of market conditions to avoid as a day trader. I've had a good week and a very good month so far. I won't mess with it .... much.

Come NY open I "may" drop down to 30M and under to play the Friday profit taking action a little. Maybe.
Ghost Rider - WWTBMD?
  • #403,889
  • Oct 24, 2014 4:57am Oct 24, 2014 4:57am
gong long 6036 sl 30 add over this mornings high 6070
  • #403,890
  • Oct 24, 2014 4:59am Oct 24, 2014 4:59am
Quoting DerekTrotter
{quote} 161 650 sold..since 21st so trains heading south for a while .. how u doing hombre .. ;-)
Dell boy ,,i am ok,,,and you ?? still in the film world ?
  • #403,891
  • Oct 24, 2014 5:06am Oct 24, 2014 5:06am
Quoting elbert3
{quote} Dell boy ,,i am ok,,,and you ?? still in the film world ?
taking a sabatical her indoors fancied some shopping so over in the UK..for a few days then sunny espania gringo .. well always nice to spend money and see here indoors smile - sure u looking after the boss ur end .. expensive game hey hombre.. but yes few months now for trading so cool ..
  • #403,892
  • Oct 24, 2014 5:06am Oct 24, 2014 5:06am
Quoting Kajos2250
{quote} GU H4 GMT+3 Buy stop triggered, previous long got BE too. Expected break out happened by bullish engulfing. Maybe some retrace is coming to the box of IB where more bulls will join. Invalidation price changed to closing under ~6000... Good luck! {image}
GU H4 GMT+3

Another buy stop .6068...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 53 KB
Anything is math!
  • #403,893
  • Oct 24, 2014 5:10am Oct 24, 2014 5:10am
Quoting elbert3
gong long 6036 sl 30 add over this mornings high 6070
oh and promise no more max bygraves jokes u have my word .. but he does look cool in this still lol ;-)
Attached Image
  • #403,894
  • Oct 24, 2014 5:11am Oct 24, 2014 5:11am
Quoting albchr
{quote} ... It's like the weather here. Don't like it? Wait 10 minutes it'll change.
Yeah, just like my equity curve...
Come with me if you want to live....
  • #403,895
  • Edited 10:31am Oct 24, 2014 5:14am | Edited 10:31am
Will try a short from 1.6052.....


*edit......and out......
  • #403,896
  • Oct 24, 2014 5:19am Oct 24, 2014 5:19am
Quoting Ill-b-back
{quote} Yeah, just like my equity curve...
Sometimes it's better to view it as a heartbeat monitor.
Ghost Rider - WWTBMD?
  • #403,897
  • Oct 24, 2014 5:32am Oct 24, 2014 5:32am
Quoting albchr
{quote} Sometimes it's better to view it as a heartbeat monitor.
more like sometimes the best trade is not trading at all
  • #403,898
  • Oct 24, 2014 5:45am Oct 24, 2014 5:45am
Quoting DerekTrotter
{quote} oh and promise no more max bygraves jokes u have my word .. but he does look cool in this still lol ;-) {image}
lol i like the jokes it makes the day brighter , just back from hols and still under pressure to go back into work,, i might do 3 days a week just to keep her happy ,lol ,,dont send all that money on dresses now,???
  • #403,899
  • Oct 24, 2014 5:51am Oct 24, 2014 5:51am
Quoting elbert3
{quote} lol i like the jokes it makes the day brighter , just back from hols and still under pressure to go back into work,, i might do 3 days a week just to keep her happy ,lol ,,dont send all that money on dresses now,???
If only they had my size

Oh yes u mean her in doors well said hombre - ..

btw u say three days a week.. hmmm.. try for 2 always good to compromise say a friday and monday lol then u get the best days to trade and make more pips .. nice one E.. player ;-)
  • #403,900
  • Oct 24, 2014 6:01am Oct 24, 2014 6:01am
For me cable is at a key level. Take a look at the weekly candles.
Last week price action formed a nice pinbar . These pinbars have a tendency to get tested right at the middle of the candle -which is exactly what happened. Should the middle of the last weeks' pinbar be broken to the downside I will enter short with Target of 1.57XX. BTW this level is 1.6000.
For me we are in range and I will not enter long unless 1.6120 is broken to the upside, or 1.600 to the downside.
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