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Cable Update (GBPUSD)

  • #425,441
  • Feb 26, 2016 11:37am Feb 26, 2016 11:37am
Quoting dean1star
{quote} Oh .. thing is and guess we are lucky being able to trade as such - but imagine for a moment if that was you, all said and done its always going to be a glass half empty half full scenario .. take your point though for sure
​yeah very true, I do feel for those trying to do good but my overall balance is stop them, if they weren't given the idea/chance in the first place then we wouldn't have this situation
  • #425,442
  • Feb 26, 2016 12:40pm Feb 26, 2016 12:40pm
Quoting Don96
{quote} if they weren't given the idea/chance in the first place then we wouldn't have this situation

Inserted Video
  • #425,443
  • Feb 26, 2016 12:42pm Feb 26, 2016 12:42pm
Quoting Ill-b-back
{quote} lol, it's ok Squiggles the tide's just coming back in for a bit
When you’ve finally finished with those elusive mermaids and decide to get back on board be sure to bring a good supply of rum or you’ll be had for treason
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  • #425,444
  • Feb 26, 2016 12:47pm Feb 26, 2016 12:47pm
going to set a couple of triggers on this thing. one for when the BO/Momentum subside, might take some small exposure at that point, then another for a BO higher. I never set my triggers on the G/J and am currently kicking myself in the ass for it... was a very nice move.
Attached Image (click to enlarge)
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When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #425,445
  • Feb 26, 2016 1:01pm Feb 26, 2016 1:01pm
Quoting TheFxAnalyst
going to set a couple of triggers on this thing. one for when the BO/Momentum subside, might take some small exposure at that point, then another for a BO higher. I never set my triggers on the G/J and am currently kicking myself in the ass for it... was a very nice move. {image}
Do you think gbpusd will reverse to the upside , and where is the bottom?
  • #425,446
  • Feb 26, 2016 1:03pm Feb 26, 2016 1:03pm
Quoting Maks
{quote} http://www.youtube.com/watch?v=srWQLp8A6Yg
Its not just Hillery Entire US Policy in Middle East has been shaped by special interest groups starting from G Bush.
As long as US government gets hijacked by AIPAC and the likes we won't see true honest policy for the region.
In trading, you have to be defensive and aggressive at the same time
  • #425,447
  • Feb 26, 2016 1:15pm Feb 26, 2016 1:15pm
Quoting tuty1311
{quote} Do you think gbpusd will reverse to the upside , and where is the bottom?
if I knew where the bottom was going to be we'd all be rich... I'm "hoping" there is going to be a cyclical move back up. Across the daily and weekly time frames there is some asymmetry and it looks like the pair might be over-sold. Once the momentum subsides I'll look at it again and I might establish a small amount of longs. If it should move higher with any authority, if I can get in early, I'll add to that position and continue to hope for the best. That's about all we can do, guess, risk and hope. How do you like that for a trading plan?
When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #425,448
  • Feb 26, 2016 1:25pm Feb 26, 2016 1:25pm
Quoting TheFxAnalyst
{quote} if I knew where the bottom was going to be we'd all be rich... I'm "hoping" there is going to be a cyclical move back up. Across the daily and weekly time frames there is some asymmetry and it looks like the pair might be over-sold. Once the momentum subsides I'll look at it again and I might establish a small amount of longs. If it should move higher with any authority, if I can get in early, I'll add to that position and continue to hope for the best. That's about all we can do, guess, risk and hope. How do you like that for a trading...
thank you for your reply ,

but now I don't have hope , as I am long at high entry point and this week destroy me ., so I don't see any hope for reversal , It down 1400 in just two moth and still go down further ,
  • #425,449
  • Feb 26, 2016 1:32pm Feb 26, 2016 1:32pm
Quoting tuty1311
{quote} thank you for your reply , but now I don't have hope , as I am long at high entry point and this week destroy me ., so I don't see any hope for reversal , It down 1400 in just two moth and still go down further ,
I'm sorry to hear that. Big losses always suck, hope you can grind your way back.
When you hit 50, coffee becomes part of a proper modeling pipeline.
  • #425,450
  • Feb 26, 2016 1:38pm Feb 26, 2016 1:38pm
Quoting TheFxAnalyst
{quote} I'm sorry to hear that. Big losses always suck, hope you can grind your way back.
I think what happened is a scum for our money , the all kind of analysis it doesn't work for gu
  • #425,451
  • Feb 26, 2016 1:42pm Feb 26, 2016 1:42pm
Quoting tuty1311
{quote} thank you for your reply , but now I don't have hope , as I am long at high entry point and this week destroy me ., so I don't see any hope for reversal , It down 1400 in just two moth and still go down further ,
i am not a predictor i just trade my own trades and an i am getting ready for a buy on pound dollar - on my system it shows a buy ZONE no signal yet.
A new candle for the month is near - my personal take is that i am waiting in a buy zone for a buy signal.
Maybe that helps .. i cant say and dont pretend to say i am just saying where i am at which may reflect on your own situation - just wonder why your not on a stop loss as it sounds that way?
  • #425,452
  • Feb 26, 2016 1:51pm Feb 26, 2016 1:51pm
Quoting dean1star
{quote} i am not a predictor i just trade my own trades and an i am getting ready for a buy on pound dollar - on my system it shows a buy ZONE no signal yet. A new candle for the month is near - my personal take is that i am waiting in a buy zone for a buy signal. Maybe that helps .. i cant say and dont pretend to say i am just saying where i am at which may reflect on your own situation - just wonder why your not on a stop loss as it sounds that way?
thank you for your help , I don't have a good experience for trading , If you could help me I will be appreciated .
  • #425,453
  • Feb 26, 2016 1:57pm Feb 26, 2016 1:57pm
Hi Dean ,13500 looks a good buy


Quoting dean1star
{quote} i am not a predictor i just trade my own trades and an i am getting ready for a buy on pound dollar - on my system it shows a buy ZONE no signal yet. A new candle for the month is near - my personal take is that i am waiting in a buy zone for a buy signal. Maybe that helps .. i cant say and dont pretend to say i am just saying where i am at which may reflect on your own situation - just wonder why your not on a stop loss as it sounds that way?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #425,454
  • Feb 26, 2016 2:16pm Feb 26, 2016 2:16pm
Quoting Bones
Hi Dean ,13500 looks a good buy {quote} {image}
Hey Tony Copy that seems we are on the same page
  • #425,455
  • Edited 2:37pm Feb 26, 2016 2:21pm | Edited 2:37pm
did you see EC
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #425,456
  • Feb 26, 2016 2:42pm Feb 26, 2016 2:42pm
double check the monthly ,

Quoting tuty1311
{quote} Do you think gbpusd will reverse to the upside , and where is the bottom?
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #425,457
  • Feb 26, 2016 3:33pm Feb 26, 2016 3:33pm
while that holds ,
test flag-upper great pivot

Quoting Bones
I don't know about that I wouldn't be longing that chart just yet ,its gonna move lower could be ugly move ,like the last but what about usd on the cot ? {quote} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #425,458
  • Edited 4:05pm Feb 26, 2016 3:42pm | Edited 4:05pm
try projection could work out

Quoting Darkforce
{quote} H4 flag, classic, now what? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD flag out (DFB).png Size: 31 KB
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #425,459
  • Feb 26, 2016 4:55pm Feb 26, 2016 4:55pm
Quoting Luzbay
I'm only in the market for 40-50 pips, if I can get them, and bought at 1.39859. SL - 19 pips TP - 50.7 pips (but trailing stop in place)
For those that were/are interested, this trade closed out with a 15.5 pip profit (trailing stop).

Had I not needed to go to work, which is why I put the trailing stop in place, this would have resulted in a 40.2 pip profit (per my strategy).

Happy weekend, all.
  • #425,460
  • Feb 26, 2016 6:16pm Feb 26, 2016 6:16pm
Quoting Bones
try projection could work out {quote} {image} {image}
Fabulous chart, this flag is classic!
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