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Cable Update (GBPUSD)

  • #443,301
  • Oct 11, 2016 7:19am Oct 11, 2016 7:19am
sell limit 2291
SL 2341
TP 2128
I'm high on trading, cant you tell?
  • #443,302
  • Oct 11, 2016 7:31am Oct 11, 2016 7:31am
We have some Dollar selling for a change.....anyone know why?
Don't Leave Money on the Table
  • #443,303
  • Oct 11, 2016 7:32am Oct 11, 2016 7:32am
Quoting Sammih
sell limit 2291 SL 2341 TP 2128
mate my target is 2330 .
  • #443,304
  • Oct 11, 2016 7:32am Oct 11, 2016 7:32am
Quoting Sammih
sell limit 2291 SL 2341 TP 2128
sell limit triggered, short the GU

Reason for entry, price is trading in a declining channel on 30m TF. We are at the top of that channel
I'm high on trading, cant you tell?
  • #443,305
  • Oct 11, 2016 7:33am Oct 11, 2016 7:33am
Quoting Sammih
sell limit 2291 SL 2341 TP 2128
Hello,
why TP 1.2128?
  • #443,306
  • Oct 11, 2016 7:33am Oct 11, 2016 7:33am
Quoting Sammih
{quote} sell limit triggered, short the GU
I also near this level

Attached Image (click to enlarge)
Click to Enlarge Name: xEBSv9E.jpg Size: 298 KB
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,307
  • Oct 11, 2016 7:35am Oct 11, 2016 7:35am
Quoting HaLBot
We have some Dollar selling for a change.....anyone know why?
America opened and they can different look on the prices than Europe.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,308
  • Oct 11, 2016 7:37am Oct 11, 2016 7:37am
Quoting pointlessfor
{quote} mate my target is 2330 .
Ill put another sell limit T 2333

my first limit was at the top of this channel
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30declining.png Size: 41 KB
I'm high on trading, cant you tell?
  • #443,309
  • Oct 11, 2016 7:40am Oct 11, 2016 7:40am
Quoting Ramadas
{quote} America opened and they can different look on the prices than Europe.
For sure......

Hope all the bears on this Thread are wrong this time as I'm sick of all this selling, there's always good cheer when Cable rallys and due for an uptick of a couple of hundred ticks according to Elliot wave but everyones in such a morose state all they can do is talk Cable down....

I mean were talking about the 5th biggest economy....
Don't Leave Money on the Table
  • #443,310
  • Oct 11, 2016 7:42am Oct 11, 2016 7:42am
Quoting Sammih
{quote} Ill put another sell limit T 2333 my first limit was at the top of this channel {image}
if this going down then i will join you soon. i put sell stop and sl 2273
  • #443,311
  • Oct 11, 2016 7:43am Oct 11, 2016 7:43am
Quoting Devart
{quote} Hello, why TP 1.2128?
Im basing it on a fib extension level. Draw the fib from todays low of 2255 to the high of 2476 reached on 7th this month. Should we break 2255, I see 2183 and 2107 as targets, I'm just placing my TP somewhere in between
I'm high on trading, cant you tell?
  • #443,312
  • Oct 11, 2016 7:44am Oct 11, 2016 7:44am
Quoting HaLBot
{quote} For sure...... Hope all the bears on this Thread are wrong this time as I'm sick of all this selling, there's always good cheer when Cable rallys and due for an uptick of a couple of hundred ticks according to Elliot wave but everyones in such a morose state all they can do is talk Cable down.... I mean were talking about the 5th biggest economy....
You try to think rationally here. But panic is not rational. Or greed - Fed rate hike in Dec has 66% of probability today.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,313
  • Oct 11, 2016 7:46am Oct 11, 2016 7:46am
Quoting HaLBot
{quote} For sure...... Hope all the bears on this Thread are wrong this time as I'm sick of all this selling, there's always good cheer when Cable rallys and due for an uptick of a couple of hundred ticks according to Elliot wave but everyones in such a morose state all they can do is talk Cable down.... I mean were talking about the 5th biggest economy....
don't let your attachment to the cable lose you money m8. This is a ruthless game
I'm high on trading, cant you tell?
  • #443,314
  • Oct 11, 2016 7:48am Oct 11, 2016 7:48am
Quoting Ramadas
{quote} You try to think rationally here. But panic is not rational.

I know your being serious there but I had a good laugh........Thanks

Yes panic is a very bad thing, creates dispersal in peoples minds and in their actions, ever notice what happens if there is danger? Dispersal, which might not be the best course of action...
Don't Leave Money on the Table
  • #443,315
  • Oct 11, 2016 7:48am Oct 11, 2016 7:48am
Quoting Sammih
{quote} Im basing it on a fib extension level. Draw the fib from todays low of 2255 to the high of 2476 reached on 7th this month. Should we break 2255, I see 2183 and 2107 as targets, I'm just placing my TP somewhere in between
I have understood, thank you.
I have never used fibonacci on this way.
  • #443,316
  • Oct 11, 2016 7:51am Oct 11, 2016 7:51am
Quoting Sammih
{quote} don't let your attachment to the cable lose you money m8. This is a ruthless game
Thanks Sammih for your good advice.....it's just this whole talking down of Britains financial future that I'm getting tired of. I like to be able to trade both ways but I take your point....
Don't Leave Money on the Table
  • #443,317
  • Oct 11, 2016 8:10am Oct 11, 2016 8:10am
Quoting Sammih
sell limit 2291 SL 2341 TP 2128
here we go my target 2330 hit soon.
  • #443,318
  • Oct 11, 2016 8:11am Oct 11, 2016 8:11am
GU Sell 1.2323 Target 1.2252
Just 20 pips a day to riches
  • #443,319
  • Oct 11, 2016 8:11am Oct 11, 2016 8:11am
Interestingly Cable is being bought across the board.....

Dollar index down and oil up.....
Don't Leave Money on the Table
  • #443,320
  • Oct 11, 2016 8:12am Oct 11, 2016 8:12am
Im out of my short from 2291 at 2322. My reason for being short is no longer valid. Price has broken out of the channel
I'm high on trading, cant you tell?
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