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Cable Update (GBPUSD)

  • #424,921
  • Feb 22, 2016 8:43am Feb 22, 2016 8:43am
Quoting goosebone
{quote} I have same thinking. I will likely wait for that retrace to short gu. Do you have similar short term outlook in eu? Looking for retrace from current levels then a decent drop lower.
yes , 125x is normal retrace though ... already long EU too looking for 1050ish to close half (covering stops) ... let's see ...
  • #424,922
  • Feb 22, 2016 8:47am Feb 22, 2016 8:47am
Quoting edyraper
{quote} yes , 125x is normal retrace though ... already long EU too looking for 1050ish to close half (covering stops) ... let's see ...
Thanks. I took a long eu here too. Small though as I see it as counter in the mt/lt. Appreciate your posts. You are one of the few level heads over there in the other room.
  • #424,923
  • Feb 22, 2016 8:53am Feb 22, 2016 8:53am
for sellers watch out .big support .price can re-bounce from here .i think pound will ranging here .if tomorrow or so on break this i will take shorts here

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Stay Foolish , Stay Hungry
  • #424,924
  • Feb 22, 2016 9:04am Feb 22, 2016 9:04am
I wonder if I was the only person crazy enough here to have loaded the boat long as the market crashed into new lows...
"Don't fear a bubble until it starts to burst."
  • #424,925
  • Feb 22, 2016 9:12am Feb 22, 2016 9:12am
Please help, been looking for my bulls since morning, wait I think that's them coming!
  • #424,926
  • Edited 9:23am Feb 22, 2016 9:12am | Edited 9:23am
Quoting meanvel
I wonder if I was the only person crazy enough here to have loaded the boat long as the market crashed into new lows...
No, you're not the only one. I'm long at 1.41152
exit just with 3 pips, i think i dont trade this shit today. already lost much in GU today
Don't be greedy! Sooner or later it will kill you! "Droneox Dragon"
  • #424,927
  • Feb 22, 2016 9:14am Feb 22, 2016 9:14am
Quoting meanvel
I wonder if I was the only person crazy enough here to have loaded the boat long as the market crashed into new lows...
Your not the only one i did long at 4070 but with tight SL
  • #424,928
  • Feb 22, 2016 9:25am Feb 22, 2016 9:25am
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1 simple mistake makes you become 1000x better.
  • #424,929
  • Feb 22, 2016 9:26am Feb 22, 2016 9:26am
long at 1.40760
  • #424,930
  • Feb 22, 2016 9:27am Feb 22, 2016 9:27am
I'm taking profits here above 30... Waiting for some kind of retrace now.

The amount of sustained price pressure on that move down was absurd... That last thrust just puked out every single weak long in existence... And sucked in every single bearish short seller in existence. Well, that's an exaggeration, but barely...

Talk about an overreaction to a London mayor... LoL!

Attached Image (click to enlarge)
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"Don't fear a bubble until it starts to burst."
  • #424,931
  • Feb 22, 2016 9:29am Feb 22, 2016 9:29am
Quoting meanvel
I wonder if I was the only person crazy enough here to have loaded the boat long as the market crashed into new lows...
Nice try but you didn't you always come out with these facts after the event markets moved 80 pips since the low and now you say these things .. come on man you think we were all born yesterday lol
  • #424,932
  • Feb 22, 2016 9:30am Feb 22, 2016 9:30am
lol you can't blame boris for whats happening
  • #424,933
  • Feb 22, 2016 9:31am Feb 22, 2016 9:31am
Quoting meanvel
I'm taking profits here above 30... Waiting for some kind of retrace now. The amount of sustained price pressure on that move down was absurd... That last thrust just puked out every single weak long in existence... And sucked in every single bearish short seller in existence. Well, that's an exaggeration, but barely... Talk about an overreaction to a London mayor... LoL! {image}
why not put those trades up when you make em, u know its easy to do .. end off ..
  • #424,934
  • Feb 22, 2016 9:32am Feb 22, 2016 9:32am
Quoting alayinizAMK
lol you can't blame boris for whats happening
true but boris is wise enough to know the impact of his words - that you can be sure off.
  • #424,935
  • Feb 22, 2016 9:32am Feb 22, 2016 9:32am
Quoting gwas
Please help, been looking for my bulls since morning, wait I think that's them coming!
you are long from morning . lol even morning gap hint market will down more. btw now pound is super weak .it will fall for sure but dont know how much it will correction.be careful and be safe
Stay Foolish , Stay Hungry
  • #424,936
  • Feb 22, 2016 9:35am Feb 22, 2016 9:35am
Quoting kingakp
{quote} you are long from morning . lol even morning gap hint market will down more. btw now pound is super weak .it will fall for sure but dont know how much it will correction.be careful and be safe
Agreed with you, GBP are really weak, might going lower, be careful with LONG positions.
1 simple mistake makes you become 1000x better.
  • #424,937
  • Feb 22, 2016 9:40am Feb 22, 2016 9:40am
Quoting oswell
{quote} Agreed with you, GBP are really weak, might going lower, be careful with LONG positions.
I dunno man, i mean how far lower can it really go?
It's always part of a bigger plan
  • #424,938
  • Feb 22, 2016 9:41am Feb 22, 2016 9:41am
Quoting dean1star
{quote} true but boris is wise enough to know the impact of his words - that you can be sure off.
true about impact on discussions, the guy became a celebrity in a single day. who knew his name before the news? he looks more russian than putin do
  • #424,939
  • Feb 22, 2016 9:45am Feb 22, 2016 9:45am
Quoting alayinizAMK
{quote} true about impact on discussions, the guy became a celebrity in a single day. who knew his name before the news? he looks more russian than putin do
Well funny you say that - they say his family history is Turkish ??
and his brokers in the Square mile EC2 lol ..
  • #424,940
  • Feb 22, 2016 9:45am Feb 22, 2016 9:45am
Quoting edyraper
{quote} 45 ish retrace wouldn't be surprise before 4037 voids if 4037 get's hit bought 4072 SL 4036 if got S/O will try at 3857 nothing else to do at these levels ...{image}
nice bounce on cable ... looking to close %50
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