Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #405,121
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Nov 13, 2014 11:38am Nov 13, 2014 11:38am

navk
Joined Oct 2010 | Status: Trader | 15,724 Posts | Online Now

Good first day ( only NY session ) after 3 weeks.

Intraday only.

Post #405,122
Quote
Nov 13, 2014 12:26pm Nov 13, 2014 12:26pm

Greener
| Joined Jan 2010 | Status: Member | 1,638 Posts

Quoting Dr.Zain

Disliked

{quote} GB in very much bearish mood and might go south toward 1.52 with in weeks see the weekly, the speak of Clown BOE's head yesterday

Ignored

the only comment I totally agree with. It looks like an Ipad will cost lots of £ this Christmas... which is perfectly fine for Carney

Post #405,123
Quote
Nov 13, 2014 12:33pm Nov 13, 2014 12:33pm

DailyChart
Joined Nov 2013 | Status: Equilibrium Zones | 2,356 Posts

keep holding short

Post #405,124
Quote
Nov 13, 2014 1:27pm Nov 13, 2014 1:27pm

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,146 Posts

Quoting andoseg2

Disliked

Looking for short : {image}

Ignored

Covered. Trailling stop from now

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Money moves the market, not an indicator.

Post #405,125
Quote
Nov 13, 2014 2:28pm Nov 13, 2014 2:28pm

rizkinovri
| Joined Dec 2013 | Status: Novice Day Trader | 145 Posts

At the end i close my short at 1.5712 ..
and waiting for today's news from USD to start an act..
I'm learning to minimize the risk than aiming huge profit from now..
Even if it looks like the bearish trend will keep going, but possibility for consolidation is going bigger for now, especially if more red news from USD appears..

Post #405,126
Quote
Nov 13, 2014 3:53pm Nov 13, 2014 3:53pm

eliteincome
Joined Aug 2011 | Status: Member | 2,640 Posts

Gidday GBP

We bounce would be nice

In short been taking profit,1.567 TP:nerd:

got a pending short in above 1.58

Post #405,127
Quote
Nov 13, 2014 6:13pm Nov 13, 2014 6:13pm

cybermie
| Joined Nov 2014 | Status: Member | 17 Posts

Quoting DailyChart

Disliked

keep holding short

Ignored

What is your target?

Post #405,128
Quote
Nov 13, 2014 7:06pm Nov 13, 2014 7:06pm

navk
Joined Oct 2010 | Status: Trader | 15,724 Posts | Online Now

Quoting ill_be_back

Disliked

{quote} Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target

Ignored

More downside can be expected today considering GU weakness.

Intraday only.

Post #405,129
Quote
Nov 13, 2014 7:47pm Nov 13, 2014 7:47pm

ill_be_back
Joined Sep 2011 | Status: Member | 6,363 Posts

Quoting navk

Disliked

{quote} More downside can be expected today considering GU weakness.

Ignored

Yes, I am waiting for this to touch 1.80597 to close my LONG & go SHORT( will close end of this Hr if it does not Touch)

A good trader follows his rules, but great trader knows when to break them

Post #405,130
Quote
Nov 13, 2014 7:59pm Nov 13, 2014 7:59pm

FXSayWhat
Joined Oct 2013 | Status: Member | 1,813 Posts

and 1.5700 is now cracked open whole UJ broke above 116.00

Underspeak, overdeliver.

1K Sunny Return This Year: 1,037.6%

Post #405,131
Quote
Edited 11:06pm Nov 13, 2014 8:22pm | Edited 11:06pm

ill_be_back
Joined Sep 2011 | Status: Member | 6,363 Posts

Quoting ill_be_back

Disliked

{quote} Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target

Ignored

OUT at 1.80369 only +52

A good trader follows his rules, but great trader knows when to break them

Post #405,132
Quote
Nov 13, 2014 9:29pm Nov 13, 2014 9:29pm

fxtyrant
Joined Jan 2010 | Status: Member | 10,226 Posts

Quoting fxtyrant

Disliked

{quote} Tell me. before the move up... what were teh retail positions on GBPUSD im pretty darn sure its heavily bears now tell me what would happen to these retail bears when the big boys washed them out? Retail bears are often over leveraged so they were most likely dead by now or reversed which is what the big boys wanted retail traders going against a trend or simply dead... only a select few can read into that sort of movement. Ans: the retail bears would get stopped out and reverse to become a GBPUSD bull!!!! but the dumb fucks would all be...

Ignored

This was me a few weeks back when USD was posting what people thought were bad numbers from the US.... pushing GBPUSD to a small pull back...
a lot of bulls came in excited saying we see the bottom and its going to bounce back up to 1.63 and all that stuff....

Big Boys were literally washing out stops, Clearing out the Late shorters at the bottom (1.5850) at the time who had their SL around 1.59 once they cleared them, the big boys allowed the GBPUSD to continue with its trend... meaning down....
otherwise why on earth are we creating lower lows after lower low.... previous lower low was around 1.5850, rebounded back to 1.61 but the downtrend was still intact around 1.61, should've loaded short there and let the trend continue to create lower lows.... now aiming for 1.5600 and below... come on guys..... you guys should have figured out what a Stop run is by now.... especially you Navin... you are in the group chat in facebook and paul has continuously explained what a stop run is....

We live in a finite world with infinite possibilities.

Post #405,133
Quote
Nov 13, 2014 10:32pm Nov 13, 2014 10:32pm

wendyqq
| Joined May 2014 | Status: Member | 121 Posts

awwwww i didnt expect such big move down, i stop my short at 1.572

can someone enlighten me with a chart, on the retrace? any possible retrace on the coming levels? and to where it could retrace up to? hehe...

Post #405,134
Quote
Nov 13, 2014 10:41pm Nov 13, 2014 10:41pm

shivam332
| Commercial Member | Joined Jul 2013 | 441 Posts

Quoting wendyqq

Disliked

awwwww i didnt expect such big move down, i stop my short at 1.572 can someone enlighten me with a chart, on the retrace? any possible retrace on the coming levels? and to where it could retrace up to? hehe...

Ignored

I expect bounce from this level, but most probably it will be broken IMO

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Money never sleeps I can hear the dollar calling me

Post #405,135
Quote
Nov 13, 2014 10:48pm Nov 13, 2014 10:48pm

Greener
| Joined Jan 2010 | Status: Member | 1,638 Posts

Quoting shivam332

Disliked

{quote} I expect bounce from this level, but most probably it will be broken IMO {image}

Ignored

second option sounds correct...no sign whatsoever of any correction

Post #405,136
Quote
Nov 13, 2014 10:50pm Nov 13, 2014 10:50pm

shivam332
| Commercial Member | Joined Jul 2013 | 441 Posts

Quoting Greener

Disliked

{quote} second option sounds correct...no sign whatsoever of any correction

Ignored

Money never sleeps I can hear the dollar calling me

Post #405,137
Quote
Nov 13, 2014 10:57pm Nov 13, 2014 10:57pm

wendyqq
| Joined May 2014 | Status: Member | 121 Posts

Quoting Greener

Disliked

{quote} second option sounds correct...no sign whatsoever of any correction

Ignored

lol seems stilll long way of down move

Post #405,138
Quote
Nov 13, 2014 11:05pm Nov 13, 2014 11:05pm

fxtyrant
Joined Jan 2010 | Status: Member | 10,226 Posts

Quoting wendyqq

Disliked

{quote} lol seems stilll long way of down move

Ignored

70 pips down is nothing compared to what my target is.... if we close the mont below 1.57, confident to say we will visit 1.5350
fundamental wise things in UK are looking bad compared to US

We live in a finite world with infinite possibilities.

Post #405,139
Quote
Nov 13, 2014 11:13pm Nov 13, 2014 11:13pm

SohaibKhan
| Joined Apr 2013 | Status: Trading demands discipline | 113 Posts

Looking at my charts it seems like its going up. All of my three charts , harmonic pattern, daily ending diagnol & GBP index it seems we are going up

In Love with Genesis

Post #405,140
Quote
Nov 13, 2014 11:17pm Nov 13, 2014 11:17pm

fxtyrant
Joined Jan 2010 | Status: Member | 10,226 Posts

Quoting SohaibKhan

Disliked

Looking at my charts it seems like its going up. All of my three charts , harmonic pattern, daily ending diagnol & GBP index it seems we are going up

Ignored

i've been short GBPUSD since 1.61, even if you go long now, the bulls will only be catching back up my profits.... sooo good luck. what time frame are you looking at??
im looking at the Weekly + Monthly and these thing are pointing to more misery in GBPUSD downwards.

We live in a finite world with infinite possibilities.