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Cable Update (GBPUSD)

  • #433,441
  • Jun 24, 2016 10:40am Jun 24, 2016 10:40am
Quoting iamawaited
1.477X working wonders as i called about 3 weeks back. i promised to bet my neighbours house on a downward spiral too.. i am running an account aiming for 200 consecutive wins and also playing those trades on Demo on my T.E. lets see how the gamble goes!!!! Woohh! {image}
Well Well Well..... NO LEVELS ON CABLE MEANS NO TRADING!! Trade at your Own risk. Meanwhile my 200 consecutive wins project is on!!! 15 Consecutive wins so far! 185 Left! 3,000 pips in the bag though!

LEVEL LESS CABLE CHARTS... NO TRADING TILL LEVELS POP UP!!
BYE.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 23 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 34 KB
Trading Eternal...... Shiny & Chrome!!!!
  • #433,442
  • Jun 24, 2016 10:46am Jun 24, 2016 10:46am
Quoting Bones
Im not political at all ,apathy is high UK ,but certainly its now brought to my attention whats happened ,the vote I'm feeling confident will be leave and Boris will become PM the best man to hammer a future deals {quote}
Hey Toney, about the other day - i owe you an apology, i was just a bit out of line with my words, even so i know your an understanding person and pro trader, about the issue which came about well i am starting to see ones chosen point of view, but that said an apology is owed regardless and offered.
  • #433,443
  • Jun 24, 2016 10:59am Jun 24, 2016 10:59am
Quoting iamawaited
{quote} Well Well Well..... NO LEVELS ON CABLE MEANS NO TRADING!! Trade at your Own risk. Meanwhile my 200 consecutive wins project is on!!! 15 Consecutive wins so far! 185 Left! 3,000 pips in the bag though! LEVEL LESS CABLE CHARTS... NO TRADING TILL LEVELS POP UP!! BYE. {image} {image}
Let me encourage you to start small on a micro live account. Demo success and experience don't count much in live trading.
Do your homework, follow the footprints of smart money
  • #433,444
  • Jun 24, 2016 11:16am Jun 24, 2016 11:16am
Quoting keenpips
{quote} let me encourage you to start small on a micro live account. Demo success and experience don't count much in live trading.
read my posts. Your questions are answered.
Trading Eternal...... Shiny & Chrome!!!!
  • #433,445
  • Jun 24, 2016 11:17am Jun 24, 2016 11:17am
Quoting user954
Institutions liquidating positions around 1.38 as mentioned earlier. Should get bounce to 1.4 soon (very certain) and then higher possible too in short term up to 1.44 (perhaps)
1.4264....was the 2009 recovery level...2010 support level and the pivotal point for 2016. A drop such as this would require a 50% retrace at the least. If any one looks at the Chf PA from 2015 and where the currency crosses trade today it is clear that knee jerk reactions and reality are quite different. So 1.42/44 may very well be the consolidation range as the markets reality and behavior begin to come back into focus. Markets do seek Equilibrium.
I may not be right...BUT, I am never wrong
  • #433,446
  • Jun 24, 2016 11:37am Jun 24, 2016 11:37am
Quoting iamawaited
{quote} read my posts. Your questions are answered.
No questions asked, advice given. You decide what to do with any advice/suggestion from FF threads. No hurts.
Do your homework, follow the footprints of smart money
  • #433,447
  • Jun 24, 2016 12:07pm Jun 24, 2016 12:07pm
Holding on to a short at 1.3550. Ride it back down or close?
  • #433,448
  • Jun 24, 2016 12:20pm Jun 24, 2016 12:20pm
Fib circles on 1H .
Holding buys.
FREEDOM IS SECURITY.
  • #433,449
  • Jun 24, 2016 12:35pm Jun 24, 2016 12:35pm
I used to get trades from some of the banks - and a live chat feed

Some of the traders on here blow them out of the water
  • #433,450
  • Jun 24, 2016 12:49pm Jun 24, 2016 12:49pm
Quoting KidSupreme
Holding on to a short at 1.3550. Ride it back down or close?
Can you handle 900 points of draw down? That was a bad entry...imho...but good luck.
I may not be right...BUT, I am never wrong
  • #433,451
  • Jun 24, 2016 1:11pm Jun 24, 2016 1:11pm
Quoting Spartanholds
{quote} Can you handle 900 points of draw down? That was a bad entry...imho...but good luck.
I hold 2 times more and i'm growing the account... Its just know how live with DD and dont die
Try don't lose pants never...
  • #433,452
  • Jun 24, 2016 1:14pm Jun 24, 2016 1:14pm
Quoting Spartanholds
{quote} Can you handle 900 points of draw down? That was a bad entry...imho...but good luck.
900, don't think so but I'm going to stick this one out a bit longer. And yes, TERRIBLE entry!
  • #433,453
  • Jun 24, 2016 1:25pm Jun 24, 2016 1:25pm
thats great !
all cool Dean ,don't worry

Quoting dean1star
{quote} Hey Toney, about the other day - i owe you an apology, i was just a bit out of line with my words, even so i know your an understanding person and pro trader, about the issue which came about well i am starting to see ones chosen point of view, but that said an apology is owed regardless and offered.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,454
  • Jun 24, 2016 1:42pm Jun 24, 2016 1:42pm
Wedge on 5min chart will likely break before close this evening so will be clearer then.
FREEDOM IS SECURITY.
  • #433,455
  • Jun 24, 2016 1:48pm Jun 24, 2016 1:48pm
if brussels had given Cameron a better deal in the first place ,things would be different ,all they had to do was bend on our problem immergation
If Uk is 2nd biggest contributor ,

biggest milatary
1 U.S.
2 Russia
3 China
4 India
5 U.K

​5th largest economy

biggest german customer ,then surely were not the same country to lose and now deal with after as the other models outside ,

If anyone is at fault its Brussels now painted in a corner ,as they have to make a deal ,but then have to look firm not to create a Domino Effect with remaining members
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 q Germany 30 (DFB).png Size: 18 KB
Click to Enlarge Name: 1 month Germany 30 (DFB).png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,456
  • Jun 24, 2016 1:51pm Jun 24, 2016 1:51pm
Quoting KidSupreme
{quote} 900, don't think so but I'm going to stick this one out a bit longer. And yes, TERRIBLE entry!
I was just commenting on what could be the worst case scenario...but then is there such a thing as "worst case"...
I may not be right...BUT, I am never wrong
  • #433,457
  • Jun 24, 2016 1:55pm Jun 24, 2016 1:55pm
I'm sure everyone has seen the latest petition...
https://petition.parliament.uk/petitions/131215
I may not be right...BUT, I am never wrong
  • #433,458
  • Edited Jun 25, 2016 8:36am Jun 24, 2016 2:26pm | Edited Jun 25, 2016 8:36am
I think that monthly has defined the channel ,roughly speaking
that always look a little wrong prior ,
fact is it did build that 1k up buffer ,
close this month + Q is super important as 1.3,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11 gbp USD q (DFB).png Size: 24 KB
Click to Enlarge Name: 11 q clear USD (DFB).png Size: 15 KB
Click to Enlarge Name: 13 month USD (DFB).png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #433,459
  • Jun 24, 2016 3:12pm Jun 24, 2016 3:12pm
Is it good to open a short before market close? Do you expect this pair fall when market opens on Monday!
  • #433,460
  • Edited 4:36pm Jun 24, 2016 3:53pm | Edited 4:36pm
you have to say who drove that up above range,on poll of polls showing 50-50 ,
not normally conspiracy theorist,
could reinforce the concept stay is good before
or maybe intervention prior is better than trying on the day
lots high ranking EU ,UK jobs on line
most of it s fall within range
Don't think anyone could say just yet this is hugely bearish ,no stopping down,bearing in mind where we are on chart
gauge true picture from month close

Quoting attilafx
{quote} I think it would be epic if the market will be saved and wouldn't close on the low of the day. That way, UKIP can prove again that they where right all along and that everybody was fearmongering. That proves to other countries like the Netherlands, France, Sweden that it would have little to no impact on their economy to leave the EU. So yeah, let them not close on the low of the day and see who's next to hold a referendum. :-) I would definitely use that argument to hold a referendum and not to be afraid against leaving the EU :-)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12 gbp d1 USD (DFB).png Size: 30 KB
Click to Enlarge Name: 12 gbp w1 USD (DFB).png Size: 25 KB
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
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