Cable Update (GBPUSD) | Page 20414 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #408,261
  • Feb 11, 2015 8:41am Feb 11, 2015 8:41am
great post

Quoting skyhok
Beautiful short setup. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #408,262
  • Feb 11, 2015 8:48am Feb 11, 2015 8:48am
Does anyone sometimes think there's a room somewhere where a few guys sit around a table and say something like.....

"OK all the retail traders are set up for longs, lets just take out their stops before we get going up" ??
  • #408,263
  • Feb 11, 2015 8:54am Feb 11, 2015 8:54am
To plan

Closed short scalps
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 68 KB
We Can
  • #408,264
  • Feb 11, 2015 8:54am Feb 11, 2015 8:54am
Quoting MarkyB
Does anyone sometimes think there's a room somewhere where a few guys sit around a table and say something like..... "OK all the retail traders are set up for longs, lets just take out their stops before we get going up" ??
The market goes to these places because that's where the liquidity is. That is just how the market moves, imo.
  • #408,265
  • Feb 11, 2015 8:55am Feb 11, 2015 8:55am
Quoting MarkyB
Does anyone sometimes think there's a room somewhere where a few guys sit around a table and say something like..... "OK all the retail traders are set up for longs, lets just take out their stops before we get going up" ??
I think so. Always is same history...
Try don't lose pants never...
  • #408,266
  • Feb 11, 2015 8:57am Feb 11, 2015 8:57am
Quoting elbert3
{image} lol that is guys took it all off 31 pips 10 lot ,,,2nd line attraction,, watch it does not dump you here to 519 /5090 al posted ,, gl hope you get a big one too,,
just back ,as i said careful not to get dumped ,,lets see
  • #408,267
  • Feb 11, 2015 8:57am Feb 11, 2015 8:57am
not really , try not to think like that imo ,lets keep in mind there dark cloud from the 6 feb ,its the bulls that are being faked at this point ,

Quoting MarkyB
Does anyone sometimes think there's a room somewhere where a few guys sit around a table and say something like..... "OK all the retail traders are set up for longs, lets just take out their stops before we get going up" ??
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #408,268
  • Feb 11, 2015 8:59am Feb 11, 2015 8:59am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 57 KB
ow dont know to jump in for a few ,line attraction ?? thats a big sell off ,,
  • #408,269
  • Feb 11, 2015 9:01am Feb 11, 2015 9:01am
Tomorrow is the trigger point for bear.

I'm seeing 1.51 or lower
Read the entire market, money is made on the main trend not the fluctuation
  • #408,270
  • Feb 11, 2015 9:03am Feb 11, 2015 9:03am
Quoting MarkyB
Does anyone sometimes think there's a room somewhere where a few guys sit around a table and say something like..... "OK all the retail traders are set up for longs, lets just take out their stops before we get going up" ??
Interesting view there, I bet sometimes it does feel that way especially when the unexpected happens. Personally, I try to monitor institutional traders activities by looking at the major swings. That's how I identify my price action points, but as you pointed out.. Surprises do happen even when least expected, and you sit down and wonder.. what the hell?
  • #408,271
  • Feb 11, 2015 9:06am Feb 11, 2015 9:06am
Quoting elbert3
{image} ow dont know to jump in for a few ,line attraction ?? thats a big sell off ,,
Sold at 152 950 ...
Next stop
The Big Apple lol ..

chocs away
  • #408,272
  • Feb 11, 2015 9:06am Feb 11, 2015 9:06am
long support 47 in at 51 scalp mode to 73 and more sl 46 reverse at stop but look to 5223
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 72 KB
  • #408,273
  • Feb 11, 2015 9:07am Feb 11, 2015 9:07am
I should add that fortunately I was just sitting watching what seemed a very static situation.....so no pain for me today PHEW !
  • #408,274
  • Feb 11, 2015 9:16am Feb 11, 2015 9:16am
Sell Order triggered at 1.5295 at 132.8% of my FIBO level and resistance level with SL 1.5305.
seem like 1.53 is hard to break and we might see 1.49 or lower low before nx week.
  • #408,275
  • Feb 11, 2015 9:25am Feb 11, 2015 9:25am
Gu is falling like a rock.
as I said before, seek to reload long.
I long at 1.525
well it still can go to 1.5235, or even 1.5215.
so small lot only, risky entry.
  • #408,276
  • Feb 11, 2015 9:30am Feb 11, 2015 9:30am
this pair looks stuck in a trading range until tomorrow's news.

maybe 1.5200 will hit again with this selling to add more confusion.
  • #408,277
  • Feb 11, 2015 9:38am Feb 11, 2015 9:38am
Gn is complicated for me right now, seems wants to fly instead of down, but why i hesitate...
  • #408,278
  • Feb 11, 2015 9:38am Feb 11, 2015 9:38am
First target near bottom of ending diagonal.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 12Feb15.png Size: 37 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #408,279
  • Feb 11, 2015 9:43am Feb 11, 2015 9:43am
Quoting Idkurv
Gn is complicated for me right now, seems wants to fly instead of down, but why i hesitate...
Gn should go down to make my life easier, made me headache right now.
will see...
  • #408,280
  • Feb 11, 2015 9:47am Feb 11, 2015 9:47am
Quoting Idkurv
{quote} Gn should go down to make my life easier, made me headache right now. will see...
just wait for a bit dont jump in and out might be better to lose a few its half way in and out of my line so not clear yet shorts looks the way ??
997 traders viewing now, 1 is registered:
masteranuj