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Cable Update (GBPUSD)

  • #443,941
  • Oct 17, 2016 1:46pm Oct 17, 2016 1:46pm
Quoting iran_trader
{quote} Hello dear friend. Im price action trader and trade with real fact of market. Good luck.
best one buddy
  • #443,942
  • Oct 17, 2016 2:06pm Oct 17, 2016 2:06pm
Quoting hilmy83
initially i wanted to short at 2208, but then, i have a feeling that there is going to be asian session bull thrust to 2240 (which by the way is the weekly pivot still not tested , i'll let it ride {image}
Hmmm, there is some sense in that. It's quite precautionary for any bearish intention. Nice one pal.
  • #443,943
  • Oct 17, 2016 2:14pm Oct 17, 2016 2:14pm
Quoting yuddy
{quote} Hmmm, there is some sense in that. It's quite precautionary for any bearish intention. Nice one pal.
i am short from 2195 lets see
  • #443,944
  • Oct 17, 2016 2:31pm Oct 17, 2016 2:31pm
Quoting pointlessfor
{quote} i am short from 2195 lets see
closed 2184. and long 2184
  • #443,945
  • Oct 17, 2016 3:06pm Oct 17, 2016 3:06pm
Quoting pointlessfor
{quote} closed 2184. and long 2184
2196 target . sl 100 pips. ok GN.
  • #443,946
  • Oct 17, 2016 3:39pm Oct 17, 2016 3:39pm
Quoting pointlessfor
{quote} closed 2184. and long 2184
I guess you are not confy about ur short position
  • #443,947
  • Oct 17, 2016 4:33pm Oct 17, 2016 4:33pm
Quoting Peruvian80
{quote} Agree. no prove of nothing.
miss the old time when this thread crowded because smart peoples arguing about Cable technical and fundamental analysis,
@pointlessfor filling this thread like his own trading journal
  • #443,948
  • Oct 17, 2016 5:17pm Oct 17, 2016 5:17pm
Quoting voeltoez
{quote} miss the old time when this thread crowded because smart peoples arguing about Cable technical and fundamental analysis, @pointlessfor filling this thread like his own trading journal
I agree. It's become a bit scarce on the analysis front. Do you think everyone left because Cable ripped up a few accounts recently?
Attached Image
Ever stop to think, and forget to start again?
  • #443,949
  • Oct 17, 2016 5:17pm Oct 17, 2016 5:17pm
Quoting voeltoez
{quote} miss the old time when this thread crowded because smart peoples arguing about Cable technical and fundamental analysis, @pointlessfor filling this thread like his own trading journal
Stay calm.do your own way to trade ..doesnt matter how he wrote here ..if you dont like just ignore the post
  • #443,950
  • Oct 17, 2016 5:21pm Oct 17, 2016 5:21pm
I've returned from my 2 month break (which I took due to a 20% drawdown).

Trying to catch this bottom with 1:10+ R:R

So who thinks we will break the 1.05 low and who thinks we will hold it?
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #443,951
  • Oct 17, 2016 5:25pm Oct 17, 2016 5:25pm
Quoting thewindow
Hi, everyone is selling Cable, but I see a different view. Buy orders have been triggered and I am looking for a retracement to the +1.32 level and above (between the 23.6 (1.2950)and 61.8 (1.4411) Fibs). I compound with numerous positions with no stop loss. No indicators, just PA and fibs. I am prepared for another fast spike down before rising, so further Buy orders spaced right down to 1.10 level just in case Cable offers me the opportunity to pick up extra troops. TP will be adjusted depending on momentum if we rise towards the TP levels shown...
Rag2richesFX, I'm with you there. Could be a low right here for now till retest of 1.32-1.34 before 1.05. Scaled in just above here and down.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 65 KB
Ever stop to think, and forget to start again?
  • #443,952
  • Oct 17, 2016 5:26pm Oct 17, 2016 5:26pm
Quoting thewindow
{quote} I agree. It's become a bit scarce on the analysis front. Do you think everyone left because Cable ripped up a few accounts recently? {image}
lol, so true

Come with me if you want to live....
  • #443,953
  • Oct 17, 2016 5:26pm Oct 17, 2016 5:26pm
Quoting hilmy83
initially i wanted to short at 2208, but then, i have a feeling that there is going to be asian session bull thrust to 2240 (which by the way is the weekly pivot still not tested , i'll let it ride {image}
Nice one.

Took the same trade for +44 pips intraday.
Swing account? Still long. I see a restest of 1.2800 former support now resistance.
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #443,954
  • Oct 17, 2016 5:29pm Oct 17, 2016 5:29pm
Quoting voeltoez
{quote} miss the old time when this thread crowded because smart peoples arguing about Cable technical and fundamental analysis, @pointlessfor filling this thread like his own trading journal
Good lesson for you..just a few traders like pointlessfor that got a big confidence but others just wrote than draw like a super pro trader but at the end just said if break than go deep or bla bla all unsure..try to read back all.post than you will got it
  • #443,955
  • Oct 17, 2016 5:29pm Oct 17, 2016 5:29pm
Quoting Rag2RichesFX
I've returned from my 2 month break (which I took due to a 20% drawdown). Trying to catch this bottom with 1:10+ R:R So who thinks we will break the 1.05 low and who thinks we will hold it? {image}
I'm thinking 1.20 to 1.32, 1.32 to 1.05-110. 1.05 sustained break would result in BoE chairman talking about raising rates quickly (he mentioned it), so expect to hold.
Ever stop to think, and forget to start again?
  • #443,956
  • Oct 17, 2016 5:38pm Oct 17, 2016 5:38pm
Quoting hierro-scalp
{quote} Good lesson for you..just a few traders like pointlessfor that got a big confidence but others just wrote than draw like a super pro trader but at the end just said if break than go deep or bla bla all unsure..try to read back all.post than you will got it
Good English lesson for you too..
Attached Image
Ever stop to think, and forget to start again?
  • #443,957
  • Oct 17, 2016 5:39pm Oct 17, 2016 5:39pm
Quoting Rag2RichesFX
I've returned from my 2 month break (which I took due to a 20% drawdown). Trying to catch this bottom with 1:10+ R:R So who thinks we will break the 1.05 low and who thinks we will hold it? {image}
Yeah, I think will break the low of 1.05
Come with me if you want to live....
  • #443,958
  • Oct 17, 2016 5:42pm Oct 17, 2016 5:42pm
Quoting thewindow
{quote} Good English lesson for you too.. {image}
I.m aceh asia still can wrote in english better than you ..use your brain pal..can you wrote in indonesia or aceh language ?
  • #443,959
  • Oct 17, 2016 5:46pm Oct 17, 2016 5:46pm
in ten hours they are going to release inflation data, i beleive price will move sideways until then, and i beleive data will be worst than forecast and price will go down again to 1.2140. Trading range for today is 1.214-1.2200
Im a Crocodile, Im a Sniper. Patience is everything.
  • #443,960
  • Oct 17, 2016 5:50pm Oct 17, 2016 5:50pm
Quoting thewindow
{quote} I'm thinking 1.20 to 1.32, 1.32 to 1.05-110. 1.05 sustained break would result in BoE chairman talking about raising rates quickly (he mentioned it), so expect to hold.
Still unsure ... "thinking" lol....maybe good english can make profit i.m "thinking"LOL ..
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