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Cable Update (GBPUSD)

  • #442,861
  • Oct 6, 2016 6:50pm Oct 6, 2016 6:50pm
Quoting PaulDaemon
Support will be at 1.26000
ha ha , pull the other leg Paul

It takes a lot for me to IGNORE you, but you can try.
  • #442,862
  • Oct 6, 2016 6:51pm Oct 6, 2016 6:51pm
what are your speculations about what caused this?
  • #442,863
  • Oct 6, 2016 6:51pm Oct 6, 2016 6:51pm
Quoting elbert3
Just bought it as iit went take the money but it's going back to 2150 1 trade now 8k down God help small account just work at it to recover you can make money here
Yo man , I know you will be fine , been busy harvesting no time to post . joined the sell train a while ago, monthly looks ugly poles should end up bout the same length according to the trading manual,,,,, lol sigh and eyeroll , takes a lot of patience but appears 2 years worth of selling is starting to show lol . ........... When 1.3480 gave out that was just a retest of the break , I have a tgt left at 1.12 or so may take a bit for that , anyhoo, monthly chart lots of ups and downs , carry on my friend ,
Attached Image (click to enlarge)
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  • #442,864
  • Oct 6, 2016 6:52pm Oct 6, 2016 6:52pm
Quoting JackintheBox
Highly market manipulation. I think the finance system will collapse soon. This was first hit. It's very fragile. I love forex/stocks but folks I think it will end soon, may be a new start but crash is coming. I mean there were no f*cking news, till now ! No one knows anything. 1600 Pips move,do you know how much capital you need to execute such a move ??? Central banks ??? Wtf, I really really hope it was a clever short but I think currencies run out of control. No wonder on ECB-politics, omg, start praying.
imo this wasn't an issue of 'massive capital' throughout, it may have started with a sizable order that hit the market when there are not that many orders waiting above or below; but once that happens the risk measure dry up liquidity and what is left is price jumping to fill what 'naked' orders are left sitting around by sleeping folk
  • #442,865
  • Oct 6, 2016 6:55pm Oct 6, 2016 6:55pm
I know how markets work...I had 60% (now 59% p.a. last 12 month) but THIS was not an ordinary unusual move. You don't understand the dimension of that move, I think. I hope it was a clever short of some banks or whatever but I believe this time it was the fragile system of financies around the globe and THAT scares me hell. It is also a different move to Eur/Chf, everyone knows they (SNB) supported it. That move here came out of nowhere, pray to God is was market manipulation. I don't think so. News tomorrow will talk of nonsense, a freaky reason to calm the finance markets, if no investigation follows, we now know clock is ticking... hard to imagine.
  • #442,866
  • Oct 6, 2016 6:55pm Oct 6, 2016 6:55pm
I knew this would happen ,brexit is the clue, but damn it's too fast.
  • #442,867
  • Oct 6, 2016 6:55pm Oct 6, 2016 6:55pm
I love fxopen, still a 3 pip spread on GU, even now...scalping shorts above 2400.
Everyone can see the chart, but only a few can actually read it.
  • #442,868
  • Oct 6, 2016 6:56pm Oct 6, 2016 6:56pm
Quoting digger1
{quote}Yo man , I know you will be fine , been busy harvesting no time to post . joined the sell train a while ago, monthly looks ugly poles should end up bout the same length according to the trading manual,,,,, lol sigh and eyeroll , takes a lot of patience but appears 2 years worth of selling is starting to show lol . ........... When 1.3480 gave out that was just a retest of the break , I have a tgt left at 1.12 or so may take a bit for that , anyhoo, monthly chart lots of ups and downs , carry on my friend , {image}
Well done in rescue mode made some back but it looks like 2150 will be hit again sell scalps buy the big dip on the 2 nd wave down
  • #442,869
  • Oct 6, 2016 6:57pm Oct 6, 2016 6:57pm
Quoting sebas1987
{quote} Real?
Yes...i blew my account ...first i thought it was another pair or a technical error...i was just going for a cup of tea ...i cant beleive what just happened ..it took me 3 years to build up this amount of money from trading
  • #442,870
  • Oct 6, 2016 6:57pm Oct 6, 2016 6:57pm
Can't find the reason . France minister made some reference to uk having to pay the price
  • #442,871
  • Oct 6, 2016 6:58pm Oct 6, 2016 6:58pm
Please anyone interested in signing a petition especially if you suffered a loss in this day light robbery.
  • #442,872
  • Oct 6, 2016 6:58pm Oct 6, 2016 6:58pm
October, 7 2016
Completely unprecedented, historically ..... in Sydney Session
What the hell just happened ??
591 points ...
Attached Image (click to enlarge)
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  • #442,873
  • Oct 6, 2016 6:59pm Oct 6, 2016 6:59pm
BREAKING NEWS:
The British Pound tumbled more than 4% on average against its major peers, this event occured as Financial Times reported that French President Hollande said that Britain must suffer the consequences of leaving the EU to save it from an existential crisis.
  • #442,874
  • Oct 6, 2016 6:59pm Oct 6, 2016 6:59pm
So Hollande put the market into panic ... these french guys have nerves at night time in europe ...
Fix up, trade sharp ...
  • #442,875
  • Oct 6, 2016 6:59pm Oct 6, 2016 6:59pm
Quoting elbert3
Can't find the reason . France minister made some reference to uk having to pay the price
This is a big bank/fund that caused the crash playing on weakness of the GBP. Will have caught many big boys out too.
  • #442,876
  • Oct 6, 2016 7:00pm Oct 6, 2016 7:00pm
Don't trade this. I tested 0.01 lot limit order and it was slipped 2 pips.
  • #442,877
  • Oct 6, 2016 7:00pm Oct 6, 2016 7:00pm
2398 could sell of here to 2150 tight switch
  • #442,878
  • Oct 6, 2016 7:01pm Oct 6, 2016 7:01pm
Quoting lcast
{quote} When the daylight is falling down into the night ... And the sharks try to cut a big piece out of life ... ( Scorpions Big City Nights ) Its sooo clear ... anyone can see it ... but they are trying to feel the bottom ... GET OUT OF THE WATER !!! It as been hunting since yesterday ... and I've feel it then ... So did my analisys, this setup didn't occur so outlook is short ... {quote}
This was 9 hours ago ... 16:05 GMT ...
The WARNING ... THERE ARE BIG SHARKS IN THE WATER ...

Sorry about that ...
Don't swim with the sharks ...
  • #442,879
  • Oct 6, 2016 7:01pm Oct 6, 2016 7:01pm
Quoting rimazuc
Please anyone interested in signing a petition especially if you suffered a loss in this day light robbery.
ha ha like that will do anything rofl
  • #442,880
  • Oct 6, 2016 7:02pm Oct 6, 2016 7:02pm
Shorted from 12400 on a guarenteed stop of 12520 just incase lol hoping for a retest of that bottom!!!
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