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Cable Update (GBPUSD)

  • #411,781
  • Mar 18, 2015 2:57pm Mar 18, 2015 2:57pm
Congrats to everyone who had the guts to Long. Scarry cat just whatched.
  • #411,782
  • Mar 18, 2015 3:02pm Mar 18, 2015 3:02pm
Same here Gonna sit out for a few days to let the FOMC results settle and see if we resume downtrend. Can't long GU even if it heads to 1.80
  • #411,783
  • Mar 18, 2015 3:20pm Mar 18, 2015 3:20pm
> 2mb so posting the link

http://i.imgur.com/yffRFOW.gif
90% of traders use TA, indicators and prediction
  • #411,784
  • Mar 18, 2015 3:26pm Mar 18, 2015 3:26pm
I'm glad my shorts were locked. So much for the goddamn patience.
  • #411,785
  • Mar 18, 2015 3:29pm Mar 18, 2015 3:29pm
500 pips in less than 8 hrs. is something I have not seen since 2008 when the financial crash took place. I am just astounded... longs made a killing... most shorts were stopped out for sure... it pierced all 6 levels plus!!!!!
  • #411,786
  • Mar 18, 2015 3:30pm Mar 18, 2015 3:30pm
I could be wrong....
but i guess I never saw a >500 pips move in cable in 1 signle day.
90% of traders use TA, indicators and prediction
  • #411,787
  • Mar 18, 2015 3:31pm Mar 18, 2015 3:31pm
MASSIVE short squeeze in EURUSD there - at one point, it was up 200 pips in just 3 minutes. Literally breathtaking. ^MW

Bankster inside SL
  • #411,788
  • Mar 18, 2015 3:35pm Mar 18, 2015 3:35pm
Quoting Dano12
{quote} FOMOC FED - YELLON {image}
I understand this event is it made movement but i don't understand why if fed say want wait a little to hike rates, when they confirm USA economy is solid really why USD take news how very bad
Try don't lose pants never...
  • #411,789
  • Mar 18, 2015 3:38pm Mar 18, 2015 3:38pm
While it is true that it takes a lot of courage to open long positions in a strong downtrend, I think it takes even more patience to leave the TP open on long positions going against the trend. There aren't too many days out of the year that produce 500+ pips, let alone in a counter-trend scenario. I made money, but got out way too early thinking that the shorts would push the market back down to the range area during this high-impact news event. Kudos to those who were much more patient and victorious.
  • #411,790
  • Mar 18, 2015 3:42pm Mar 18, 2015 3:42pm
Quoting braintheboss
{quote} I understand this event is it made movement but i don't understand why if fed say want wait a little to hike rates, when they confirm USA economy is solid really why USD take news how very bad.Â


in such situations, when the session bankstea sl hunting and doing massive shorrt sqqze, can not help what they are not normal play, and analysis goes to the side,
  • #411,791
  • Mar 18, 2015 3:43pm Mar 18, 2015 3:43pm
Even with horrible entry, today i earn 32€ in real account. I don't believe i fixed very big mistake in last bullish squeeze. I'm happy but i had drink tea for relax myself.
Try don't lose pants never...
  • #411,792
  • Mar 18, 2015 3:47pm Mar 18, 2015 3:47pm
I took a hit on this. I had a limit sell order just under resistance on the daily with a 130 pip stop loss. My order was triggered and I was stopped out in minutes. haha dam!
  • #411,793
  • Mar 18, 2015 3:51pm Mar 18, 2015 3:51pm
Quoting Dano12
{quote} in such situations, when the session bankstea sl hunting and doing massive shorrt sqqze, can not help what they are not normal play, and analysis goes to the side,
Then this sl hunt was very big. Lol.
Try don't lose pants never...
  • #411,794
  • Mar 18, 2015 3:55pm Mar 18, 2015 3:55pm
Quoting Makavell
{quote} OOPSS!!!! Anyway, got in at 1.5045 and aiming for 1.4550. this North surge is a trap!
Indeed, I agree
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Come with me if you want to live....
  • #411,795
  • Mar 18, 2015 3:57pm Mar 18, 2015 3:57pm
Quoting Dano12
MASSIVE short squeeze in EURUSD there - at one point, it was up 200 pips in just 3 minutes. Literally breathtaking. ^MW Bankster inside SL

the same happened in everything $ related i guess
90% of traders use TA, indicators and prediction
  • #411,796
  • Mar 18, 2015 3:58pm Mar 18, 2015 3:58pm
Dollar correction has been long overdue from a fundamental and technical point of view, especially against sterling. Perhaps this is the start of it, time will tell

Nevertheless these moves are just crazy, liquidity voids causing spikes of hundreds of pips in seconds in highly liquid pairs like the euro and cable; this is no longer volatility but just plain instability
  • #411,797
  • Mar 18, 2015 4:05pm Mar 18, 2015 4:05pm
Quoting _BBKing_
{quote} the same happened in everything $ related i guess
YES
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_D.gif Size: 150 KB
  • #411,798
  • Mar 18, 2015 4:09pm Mar 18, 2015 4:09pm
un believable new car now deffo ,,where now thou
  • #411,799
  • Mar 18, 2015 4:11pm Mar 18, 2015 4:11pm
Quoting elbert3
un believable new car now deffo ,,where now thou
Congrats e
Fix up, trade sharp ...
  • #411,800
  • Mar 18, 2015 4:25pm Mar 18, 2015 4:25pm
Quoting _BBKing_
I could be wrong.... but i guess I never saw a >500 pips move in cable in 1 signle day.
Me too since 2007 i am in this field!
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