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Cable Update (GBPUSD)

  • #417,461
  • Jul 23, 2015 3:45am Jul 23, 2015 3:45am
Quoting davood13
i can't get it. why this happen
aww of course . retail sales
And falling's just another way to fly...
  • #417,462
  • Jul 23, 2015 3:47am Jul 23, 2015 3:47am
potential triple top on 4hr ? maybe - see if a fractal swing forms at today's present daily hi. bids to 5580 reported...5550 too then stronger at 5500 ?

best wishes
it's all gone a bit........
  • #417,463
  • Jul 23, 2015 3:47am Jul 23, 2015 3:47am
Quoting elbert3
{image} morning at this time we are coming up 61% off that tl bounce ,and the bigger picture {image}
With all those lines and things why not just put up that ur either buying or selling
what does the bigger picture mean - thats like saying whats a Pony ? that is if your a jockey perhaps a smaller one
  • #417,464
  • Jul 23, 2015 3:48am Jul 23, 2015 3:48am
Quoting petetong
potential triple top on 4hr ? maybe - see if a fractal swing forms at today's present daily hi. bids to 5580 reported...5550 too then stronger at 5500 ? best wishes
That is what I see. Triple top on h4
  • #417,465
  • Jul 23, 2015 3:49am Jul 23, 2015 3:49am
Quoting user954
{quote} bad retail sales number - -0.2% actual vs +0.4% expected
yeah.i get it.thank u so much
And falling's just another way to fly...
  • #417,466
  • Jul 23, 2015 3:52am Jul 23, 2015 3:52am
Quoting davood13
i can't get it. why this happen
some times cable will do this even thou you see that big move down, in an uptrend it will find its last support ,and could possibly come back even if it is bad news, the market goe where the bigger money wants it to, we are just small fish that try to follow the sperm whale, and it just swallowed all the retails with no pp or sl on their trades 5650 ??? see if the theory works .if not it could see 5415 again before coming back up, ,if this would of failed inside the 4 hour tl, then i would be more on the side that it goes to 5414 before the 5650,,, if you follow that ,regards E
  • #417,467
  • Jul 23, 2015 3:53am Jul 23, 2015 3:53am
Quoting davood13
{quote} yeah.i get it.thank u so much
But the question surely is why was the bench mark set to double the previous months results. When was the last time anyone went out shopping for retail stuff can anyone see we are not have not and cant get out off the 2008 recession and u think job stats in UK and Stateside are as good as we are being told - lol
  • #417,468
  • Jul 23, 2015 3:57am Jul 23, 2015 3:57am
Quoting elbert3
{quote} some times cable will do this even thou you see that big move down, in an uptrend it will find its last support ,and could possibly come back even if it is bad news, the market goe where the bigger money wants it to, we are just small fish that try to follow the sperm whale, and it just swallowed all the retails with no pp or sl on their trades 5650 ??? see if the theory works .if not it could see 5415 again before coming back up, ,if this would of failed inside the 4 hour tl, then i would be more on the side that it goes to 5414 before...
Surprised if they dont buy back to 30 pips above 156
  • #417,469
  • Jul 23, 2015 3:57am Jul 23, 2015 3:57am
Quoting Kajos2250
{quote} GU H4 GMT+2 Bullish belt hold arrived on the H4, let it get the 50% entry, .5768 buy limit added... Good luck! {image}
GU D1 GMT+2

Previous bullish belt hold 50% retrace in the game, let us see!
Maybe rising three methon can be created.
Buy stop .5620, do the high!

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 53 KB
Anything is math!
  • #417,470
  • Jul 23, 2015 3:58am Jul 23, 2015 3:58am
Quoting elbert3
{quote} some times cable will do this even thou you see that big move down, in an uptrend it will find its last support ,and could possibly come back even if it is bad news, the market goe where the bigger money wants it to, we are just small fish that try to follow the sperm whale, and it just swallowed all the retails with no pp or sl on their trades 5650 ??? see if the theory works .if not it could see 5415 again before coming back up, ,if this would of failed inside the 4 hour tl, then i would be more on the side that it goes to 5414 before...
we are just small fish that try to follow the sperm whale.
it's greatest advice i ever heard.thanks. a lot.
And falling's just another way to fly...
  • #417,471
  • Jul 23, 2015 3:59am Jul 23, 2015 3:59am
Quoting elbert3
{quote} some times cable will do this even thou you see that big move down, in an uptrend it will find its last support ,and could possibly come back even if it is bad news, the market goe where the bigger money wants it to, we are just small fish that try to follow the sperm whale, and it just swallowed all the retails with no pp or sl on their trades 5650 ??? see if the theory works .if not it could see 5415 again before coming back up, ,if this would of failed inside the 4 hour tl, then i would be more on the side that it goes to 5414 before...
you are right about cable move.
we are just small fish that try to follow the sperm whale.
it's greatest advice i ever heard.thanks. a lot.
And falling's just another way to fly...
  • #417,472
  • Jul 23, 2015 4:00am Jul 23, 2015 4:00am
Quoting Algorerythmn
{quote} With all those lines and things why not just put up that ur either buying or selling what does the bigger picture mean - thats like saying whats a Pony ? that is if your a jockey perhaps a smaller one
i do , i also get newbies who always ask ,,,when should i go long or short or long, ?? where is the price going,??? how much of my money should i put on,etc etc, i just now give my opinions ,i do put up copys of trade tickets ,no other trader does this, i even get new traders who followed my trade and i did not put stopped out or tp on the post and because of this they are holding a lost trade when i was out a long time ago,,,,, always trade your own trade, hope that puts light on it,regards E
  • #417,473
  • Jul 23, 2015 4:00am Jul 23, 2015 4:00am
1hr bearish engulf close of the previous several candles. some weak stops for long positions under 5579 more under 5527 swings.

best wishes
it's all gone a bit........
  • #417,474
  • Jul 23, 2015 4:03am Jul 23, 2015 4:03am
Quoting Algorerythmn
{quote} With all those lines and things why not just put up that ur either buying or selling what does the bigger picture mean - thats like saying whats a Pony ? that is if your a jockey perhaps a smaller one
  • #417,475
  • Jul 23, 2015 4:12am Jul 23, 2015 4:12am
Quoting elbert3
{quote}
Just call me Algo short for Algor nice to meet you Billy
  • #417,476
  • Jul 23, 2015 4:13am Jul 23, 2015 4:13am
Quoting davood13
{quote} you are right about cable move. we are just small fish that try to follow the sperm whale. it's greatest advice i ever heard.thanks. a lot.
Thanks, this thread has some very good traders and they all give opinions Kajos has just come on , after some time, i like his trading style and many others ,but they will or should hold up their hands an say i got it wrong,, we do all get it wrong, if we did not them we would all have a fortune , i just look at all the time charts on look,, yes as our friend said , with all the lines and things i have on my chart , where am i going long or short,, see above post why ?? if you follow cable you will know that it will, f,,,k you over many times, expect the unexpected and dont take it for granted unless you have a big acc that can pull you out of the pit,think out side the box with it. regards E
  • #417,477
  • Jul 23, 2015 4:14am Jul 23, 2015 4:14am
Quoting Algorerythmn
{quote} Just call me Algo short for Algor nice to meet you Billy
how long have you had that name ??
  • #417,478
  • Jul 23, 2015 4:18am Jul 23, 2015 4:18am
what will this 'generally bullish' market do with this data after the initial knee-jerk drop ?...will it ignore it and go back to it's previous bullishness or range from now ? or turn bearish ? The size of the initial drop suggests that it has put a big dent in the bullishness at least ?

best wishes.
it's all gone a bit........
  • #417,479
  • Jul 23, 2015 4:22am Jul 23, 2015 4:22am
Quoting arinforex
IMHO, news just to provide small retracement before going North. The north momentum is unstoppable. IMHO

i still believe this. "news just to provide small retracement before going North."
  • #417,480
  • Jul 23, 2015 4:26am Jul 23, 2015 4:26am
Quoting elbert3
{quote} Thanks, this thread has some very good traders and they all give opinions Kajos has just come on , after some time, i like his trading style and many others ,but they will or should hold up their hands an say i got it wrong,, we do all get it wrong, if we did not them we would all have a fortune , i just look at all the time charts on look,, yes as our friend said , with all the lines and things i have on my chart , where am i going long or short,, see above post why ?? if you follow cable you will know that it will, f,,,k you over many...
yeah.i understand what u saying.i reading disciplined trader book by mark douglas.i belive traders must accept their wrong , or their account will margin call. i see many unexpected move and there are so many others. forex is not for those man that can't accept their mistakes,even for good traders that can't accept their mistake.
sorry if there are mistake in my response.i'm not good in speaking english. best wishes
And falling's just another way to fly...
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