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Cable Update (GBPUSD)

  • #441,941
  • Sep 30, 2016 5:10am Sep 30, 2016 5:10am
Better yet why don't we create a new forex factory bank we will be privy to better data then
  • #441,942
  • Sep 30, 2016 5:12am Sep 30, 2016 5:12am
Quoting el_duende
Better yet why don't we create a new forex factory bank we will be privy to better data then
Count me in. You be the banker or treasurer!

KP
Do your homework, follow the footprints of smart money
  • #441,943
  • Sep 30, 2016 5:12am Sep 30, 2016 5:12am
Quoting dean1star
{quote} They wont move the market but it has been done from here before and yes they are still going successfully. Ever heard the saying when two minds come together a third is created .. it only takes a few good traders and there have been more than a few .. however traders in here are too isolated - too self calculating and beyond the realms of team spirit.
I'm a team player and open to suggestion .... ask Mrs Wdfx ....
Friday night in Auz .. HalBot's on the FourXXX..
I'm stopped out yet again on GU ... This currency pair cracks me up. I make money on other pairs and seem to give it back on GU
Striving for consistency
  • #441,944
  • Sep 30, 2016 5:15am Sep 30, 2016 5:15am
change plan. play this scenario for now.
Attached Image (click to enlarge)
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  • #441,945
  • Sep 30, 2016 5:15am Sep 30, 2016 5:15am
EG on heavy bearish, i guess lots of euros s streaming to the UK
  • #441,946
  • Sep 30, 2016 5:16am Sep 30, 2016 5:16am
Quoting dean1star
{quote} They wont move the market but it has been done from here before and yes they are still going successfully. Ever heard the saying when two minds come together a third is created .. it only takes a few good traders and there have been more than a few .. however traders in here are too isolated - too self calculating and beyond the realms of team spirit.
That's what I have to do....here in Melbourne, Australia I don't know anyone personally I can get together with and trade in a group environment. That would be the ideal way to move forward because I find it difficult just over the net trying to understand certain aspects.....a skype group would be the next best thing....
Don't Leave Money on the Table
  • #441,947
  • Sep 30, 2016 5:16am Sep 30, 2016 5:16am
Quoting yuddy
EG on heavy bearish, i guess lots of euros s streaming to the UK
Yep Deutshe Bank I suspect the main cause.
  • #441,948
  • Sep 30, 2016 5:19am Sep 30, 2016 5:19am
Quoting Don96
GBPJPY at 129.642 producing 143 number... its 1400 from here... it also matches my 1.37 target for GU..., this all goes without either of them going lower than the current low... UJ looks to me like it wants to bounce... if that is the case and cable rises then GJ rises more... I did have 129.64 on GJ... if i wasnt so indulged in GU i would have taken GJ, Swing on GU isnt as clear but GJ is a 'super' mover, it tends to over and undershoot (not always) levels to watch for shorts/resistance before 143 are on chart... EG has a head and shoulders forming,...
another 75 or so here will be looking for reaction
  • #441,949
  • Sep 30, 2016 5:22am Sep 30, 2016 5:22am
Quoting HaLBot
{quote} That's what I have to do....here in Melbourne, Australia I don't know anyone personally I can get together with and trade in a group environment. That would be the ideal way to move forward because I find it difficult just over the net trying to understand certain aspects.....a skype group would be the next best thing....
Best advice i could suggest is do that - and get out of this place ..
December i am finished here .. December's decison already made as i bought a yacht already..
Planned all this a year ago you see.
But a few newbies wanted a system which could net them 500 pips monthly reasonable and totally realistic 25 pips aday .. - which i am now working on for them which i think falls under the banner Team Spirit ..
  • #441,950
  • Sep 30, 2016 5:24am Sep 30, 2016 5:24am
Quoting dean1star
{quote} Best advice i could suggest is do that - and get out of this place .. December i am finished here .. December's decison already made as i bought a yacht already.. Planned all this a year ago you see. But a few newbies wanted a system which could net them 500 pips monthly reasonable and totally realistic - which i am now working on for them which i think falls under the banner Team Spirit ..
Striving for consistency
  • #441,951
  • Sep 30, 2016 5:30am Sep 30, 2016 5:30am
Daily high of 2990 hit twice now and I'll be going long above there on the third hit targeting 3030

Always good to see price on the 5 minute chart above 200ema and both 20 & 50 emas above 200ema for some upside action...

Also can expect price to retrace to one of those 3 emas before heading back up so oppotunity to go long there however it sometimes does not respect those emas and retraces deeper
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
Don't Leave Money on the Table
  • #441,952
  • Sep 30, 2016 5:31am Sep 30, 2016 5:31am
Quoting Wdfx
{quote} I'm a team player and open to suggestion .... ask Mrs Wdfx .... Friday night in Auz .. HalBot's on the FourXXX.. I'm stopped out yet again on GU ... This currency pair cracks me up. I make money on other pairs and seem to give it back on GU
You know WD this pair might be a slow train running sometimes but as they say when it breaks it moves nicely, which is always worth the wait, in my view that is. Two pairs is enough for me lol ..
  • #441,953
  • Sep 30, 2016 5:36am Sep 30, 2016 5:36am
Quoting dean1star
{quote} You know WD this pair might be a slow train running sometimes but as they say when it breaks it moves nicely, which is always worth the wait, in my view that is. Two pairs is enough for me lol ..
I'll wait patiently. GU is the pair I want to trade. I just struggle with it at times.
Striving for consistency
  • #441,954
  • Sep 30, 2016 5:39am Sep 30, 2016 5:39am
Quoting dean1star
{quote} Best advice i could suggest is do that - and get out of this place .. December i am finished here .. December's decison already made as i bought a yacht already.. Planned all this a year ago you see. But a few newbies wanted a system which could net them 500 pips monthly reasonable and totally realistic 25 pips aday .. - which i am now working on for them which i think falls under the banner Team Spirit ..
Hey M8 that's sensational news about the yacht....

Do you plan to sail the mediterranean?
Don't Leave Money on the Table
  • #441,955
  • Sep 30, 2016 5:43am Sep 30, 2016 5:43am
the more sceptical might say no one has had any idea to date why your long or short ,
and
your leaving Dec because the wink icon is close to the 1000 time limit


Quoting dean1star
{quote} Best advice i could suggest is do that - and get out of this place .. December i am finished here .. December's decison already made as i bought a yacht already.. Planned all this a year ago you see. But a few newbies wanted a system which could net them 500 pips monthly reasonable and totally realistic 25 pips aday .. - which i am now working on for them which i think falls under the banner Team Spirit ..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,956
  • Sep 30, 2016 5:46am Sep 30, 2016 5:46am
Quoting HaLBot
{quote} Hey M8 that's sensational news about the yacht.... Do you plan to sail the mediterranean?
Master the Med first Hal then when i am brave enough lol head out past Gib, - past Portugal and into the Bay of Biscay, upto the English channel and into a southern port. I know my limits on this - have even thought to begin with find the ferry routes and follow a few just to get used to it ..
  • #441,957
  • Sep 30, 2016 5:49am Sep 30, 2016 5:49am
Quoting el_duende
{quote} Yep Deutshe Bank I suspect the main cause.
whoa! what really happened wit d bank? a heist? or something????
  • #441,958
  • Sep 30, 2016 5:50am Sep 30, 2016 5:50am
Quoting Bones
the more sceptical might say no one has had any idea to date why your long or short , and your leaving Dec because the wink icon is close to the 1000 time limit {quote}
  • #441,959
  • Sep 30, 2016 5:55am Sep 30, 2016 5:55am
Quoting dean1star
{quote} Master the Med first Hal then when i am brave enough lol head out past Gib, - past Portugal and into the Bay of Biscay, upto the English channel and into a southern port. I know my limits on this - have even thought to begin with find the ferry routes and follow a few just to get used to it ..
Me and my mate sailed a yacht in the Ionian Sea for 2 weeks, taking in the sights of Greece coastline and Corfu. I would highly recommend sailing here as all the little islands are great places to visit and they have great communities unspoilt by the masses
  • #441,960
  • Sep 30, 2016 5:57am Sep 30, 2016 5:57am
Quoting yuddy
{quote} whoa! what really happened wit d bank? a heist? or something????
The bank is near collapse and could trigger another banking crisis in Germany and more far a field.

Share price has collapsed and all the big funds have taken their money out of the bank.

Merkel has sais she wont bail them out.
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