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Cable Update (GBPUSD)

  • #424,481
  • Feb 18, 2016 9:49am Feb 18, 2016 9:49am
5 min chart ...
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  • #424,482
  • Feb 18, 2016 9:52am Feb 18, 2016 9:52am
Quoting dean1star
{quote} Looking at 143 000 exit one and 142 500 if we go there exit two. But if it goes higher then calculate worst case scenario we break even so worth the risk. Calculation being draw a straight line and then
lol dean I just missed tp on NU short by 4, EU short by spread of 1 +0.2 and then tried to jump into GBP/USD and got fucked, managed to turn +40 into B.E really hasn't been my week at all, lost way to much now, revenge traded hard and traded way too much. FML this market knows I'm here
  • #424,483
  • Feb 18, 2016 9:56am Feb 18, 2016 9:56am
on my chart 50% is where month pivot is ,of real body that big bear ,
likelihood is with me ,rather than sellers trading bounce of some kind of test today
lets see



Quoting Mr. Scott
{quote} Hmmm... {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,484
  • Feb 18, 2016 9:57am Feb 18, 2016 9:57am
Quoting Don96
{quote} lol dean I just missed tp on NU short by 4, EU short by spread of 1 +0.2 and then tried to jump into GBP/USD and got fucked, managed to turn +40 into B.E really hasn't been my week at all, lost way to much now, revenge traded hard and traded way too much. FML this market knows I'm here
Look on the bright side Don give it say 2 maybe 3 more years of the same then suddenly one day it will just click ..

Tricky trade this one today but lets see how it plays tomorrow ..
  • #424,485
  • Feb 18, 2016 9:59am Feb 18, 2016 9:59am
15 min chart - notice the large h&s bottom; IMO we just formed a flag and are looking to head up - just needed the extra oomph to gather the bulls and get rid of the bears for the next push up ... (but as soon as I write this all bets are off so take it with a grain of salt.
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  • #424,486
  • Edited 10:14am Feb 18, 2016 10:03am | Edited 10:14am
but I want to warn you (while he sleeps )nothing works including history ,pivots,trendlines and patterns according to M
the only thing that works is a home made dynamic system

Quoting meanvel
Ok, going to sleep for real now. Bulls will be back in force somewhere around 1.4300... +- 20 pips, lol... Rough estimate. We almost made it to 1.44, we just ran out of steam a few inches away!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,487
  • Feb 18, 2016 10:36am Feb 18, 2016 10:36am
#GBPUSD Glad I got out when I got out!
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"W. D. Gann said that time is the most important factor among all things."
  • #424,488
  • Feb 18, 2016 12:04pm Feb 18, 2016 12:04pm
Quoting Bones
to be honest your never learn ,your mindset is stubbon ,ill b back later today to see that daily {quote}
lol. so true.
  • #424,489
  • Feb 18, 2016 12:05pm Feb 18, 2016 12:05pm
Quoting meanvel
Ok, going to sleep for real now. Bulls will be back in force somewhere around 1.4300... +- 20 pips, lol... Rough estimate. We almost made it to 1.44, we just ran out of steam a few inches away!
can be one hell of a trade if the bottom I am talking which is closer to 3850 comes. I suspect we will be in this 1.40-1.45 band for quite a while. 1.45 and above will change the entire picture
  • #424,490
  • Feb 18, 2016 12:41pm Feb 18, 2016 12:41pm
Quoting skyhok
Kept two longs and added one, and let them do the work. 1.4480 is quite do-able. But then I'm bias while holding longs. {image}
have 10 longs on this tP 45.50-46
may take a week
regards
In trading, you have to be defensive and aggressive at the same time
  • #424,491
  • Feb 18, 2016 1:07pm Feb 18, 2016 1:07pm
Quoting Bones
I could tell you theres not one single tl on that chart ,you take offence {quote}
I wouldn't take offence Bones, I would just laugh.
They are not TLs', they are Pitchforks, anyone can see that
Come with me if you want to live....
  • #424,492
  • Feb 18, 2016 1:11pm Feb 18, 2016 1:11pm
GBP/USD starting join the rally again ?
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Stay Foolish , Stay Hungry
  • #424,493
  • Edited 2:38pm Feb 18, 2016 2:21pm | Edited 2:38pm
ok ,cool there still wrong ,anyhow ,
pitchfork I know not much about ,but then I know its a trend tool which you use straight over a consolidation zone

Quoting Ill-b-back
{quote} I wouldn't take offence Bones, I would just laugh. They are not TLs', they are Pitchforks, anyone can see that
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,494
  • Feb 18, 2016 2:41pm Feb 18, 2016 2:41pm
Quoting Bones
ok ,cool there still wrong ,anyhow , pitchfork I know not much about ,but then I know its a trend tool which you use straight over a consolidation zone {quote} {image}
price is bouncing off my midlines and edges perfectly, they are not wrong and the market seems to like them.
Come with me if you want to live....
  • #424,495
  • Feb 18, 2016 2:43pm Feb 18, 2016 2:43pm
At a conference all day today, I'm done talking, I'll let the market speak
Come with me if you want to live....
  • #424,496
  • Feb 18, 2016 3:11pm Feb 18, 2016 3:11pm
Quoting Ill-b-back
{quote} I wouldn't take offence Bones, I would just laugh. They are not TLs', they are Pitchforks, anyone can see that
You sure they are not Fork Handles ..

www.youtube.com/watch?v=tDcW65cS1oo
  • #424,497
  • Feb 18, 2016 3:25pm Feb 18, 2016 3:25pm
Quoting dean1star
{quote} No worries there Billy the hot seat is always here waiting for your return ..
Hi D got your shout, sorry not been here but i have a big multi building plots on the go somit is taking up my time,i am even getting stuck in hard working on the site , and its great to come home feeling thatbyou have worked for your dinner, even thou i train weights still doe not beet hard work , but it looks like your nailing it , you acc must be up there, . Regards B
  • #424,498
  • Feb 18, 2016 3:26pm Feb 18, 2016 3:26pm
Cable shorted,. 40 pips in green, stop is now jamed to BE.
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HumbleTraders
  • #424,499
  • Feb 18, 2016 3:28pm Feb 18, 2016 3:28pm
Quoting dean1star
{quote} You sure they are not Fork Handles .. www.youtube.com/watch?v=tDcW65cS1oo
man I loved those guys as a kid.But honestly, they could be shovels for all I care, they work beautifully
Come with me if you want to live....
  • #424,500
  • Feb 18, 2016 3:29pm Feb 18, 2016 3:29pm
Quoting dean1star
{quote} You sure they are not Fork Handles .. www.youtube.com/watch?v=tDcW65cS1oo
Lol i would of put up the same thing, have you seen my andre previn sketch .? Lol
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