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Cable Update (GBPUSD)

  • #444,401
  • Oct 25, 2016 8:54am Oct 25, 2016 8:54am
viewed just went up to 250 traders , so much for the bull things
  • #444,402
  • Oct 25, 2016 8:58am Oct 25, 2016 8:58am
Quoting mades
{quote} You seem to be new here. Catching the falling shit is most traders favorite strategy. I don't get it, I myself got burnt doing it many many times, it just never works, especially when we see a break like this coming from the weekly pivot. Unless we see a super strong reversal (=USD weakness) very soon i can't imagine going this to anywhere close last week's top. It's rather probable we will test the bottom which some of the experienced traders here were predicting.
I dont quite understand what you mean about catching the falling sht, your message instead seems to go along with what I was saying that the price would have falled. It was in reference to what I had posted earlier.
  • #444,403
  • Oct 25, 2016 8:59am Oct 25, 2016 8:59am
if price had shot up, buyers wouldve been taunting sellers. Great circle of life
  • #444,404
  • Oct 25, 2016 9:03am Oct 25, 2016 9:03am
beautiful short that I missed. Now it's time to try and fade this from 1.21

See if it can bounce from weekly s1
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #444,405
  • Edited 7:18pm Oct 25, 2016 9:07am | Edited 7:18pm
Quoting USD-charts
{quote} I dont quite understand what you mean about catching the falling sht, your message instead seems to go along with what I was saying that the price would have falled. It was in reference to what I had posted earlier.
Catching a falling knife is a trading term for when people are trying to guess a bottom and go long in a strong down move.
  • #444,406
  • Oct 25, 2016 9:13am Oct 25, 2016 9:13am
Mr. Carney coming soon, might add some more selling interest
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #444,407
  • Oct 25, 2016 9:13am Oct 25, 2016 9:13am
Quoting Wdfx
{quote} Hey Dean, I'm back from my hols, looking at cable, can't keep away... now where is it going now???
He returns right in the drop zone lol .. all is good - had been waiting for a drop below 122 just did not think it would hit 121 but its going lower for sure.
Game plan was an up today but wall st deemed that to easy i guess hence the down move after the up was played out early so they left all the up movers sitting out on a ledge but such is this game .. i dont know was it carney who said something or just usual wall st zionist stuff who knows..
  • #444,408
  • Oct 25, 2016 9:17am Oct 25, 2016 9:17am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_H4.gif Size: 155 KB
  • #444,409
  • Oct 25, 2016 9:18am Oct 25, 2016 9:18am
Quoting dean1star
{quote} He returns right in the drop zone lol .. all is good - had been waiting for a drop below 122 just did not think it would hit 121 but its going lower for sure. Game plan was an up today but wall st deemed that to easy i guess hence the down move after the up was played out early so they left all the up movers sitting out on a ledge but such is this game .. i dont know was it carney who said something or just usual wall st zionist stuff who knows..
Some may say I'm the kiss of death... ts at the weekly low. Time for a punt say 10 pips
Striving for consistency
  • #444,410
  • Oct 25, 2016 9:18am Oct 25, 2016 9:18am
Nice movement

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 58 KB
  • #444,411
  • Oct 25, 2016 9:19am Oct 25, 2016 9:19am
Quoting Wdfx
{quote} Some may say I'm the kiss of death... ts at the weekly low. Time for a punt say 10 pips
In long at 2090 10 pip stop
Striving for consistency
  • #444,412
  • Oct 25, 2016 9:21am Oct 25, 2016 9:21am
Quoting batus
Nice movement {image}
Yep, got this level too - in fairness its the only significant one since the flash crash and liquidity here for sure..But surely a test of 1.20?
  • #444,413
  • Oct 25, 2016 9:23am Oct 25, 2016 9:23am
Quoting niubee
{quote} It's okay, I also use demo at first time. In real trading, I have MC 30 times
i had over 50 margin calls in over 7 years, MONEY MANAGEMENT IS THE KEY, know when you are wrong, clean the slate and begin again
wash rinse and do it again
  • #444,414
  • Oct 25, 2016 9:24am Oct 25, 2016 9:24am
Quoting FXClarity
{quote} Yep, got this level too - in fairness its the only significant one since the flash crash and liquidity here for sure..But surely a test of 1.20?
Well I gotta admit what I have to admit... I got my ass kicked by this pair today. Back to paper and pen.
Demo only
  • #444,415
  • Oct 25, 2016 9:30am Oct 25, 2016 9:30am
Quoting Wdfx
{quote} In long at 2090 10 pip stop
Carney about to speak, stop back to BE. thinking about taking my 8 pips..
Striving for consistency
  • #444,416
  • Oct 25, 2016 9:32am Oct 25, 2016 9:32am
Quoting Wdfx
{quote} Some may say I'm the kiss of death... ts at the weekly low. Time for a punt say 10 pips
Waiting for a while - was keeping an eye on that monthly level views as if its going lower maybe thought that was thur fri - more than likely it is but lets see with the gap over the weekend ahead as Monday is the 31st last day of Oct. Tried to play ahead of the game lol- patience now.
  • #444,417
  • Oct 25, 2016 9:32am Oct 25, 2016 9:32am
anyone got a link to the speech?
  • #444,418
  • Oct 25, 2016 9:32am Oct 25, 2016 9:32am
Quoting Wdfx
{quote} Carney about to speak, stop back to BE. thinking about taking my 8 pips..
Out until after the speach
Striving for consistency
  • #444,419
  • Oct 25, 2016 9:33am Oct 25, 2016 9:33am
is carney speech gonna rock this pair even more? i swear to god if this reverses all the way up, i'm gonna smash my computer
  • #444,420
  • Oct 25, 2016 9:34am Oct 25, 2016 9:34am
Quoting Fadadio
anyone got a link to the speech?
I think it will be on Bloomberg

http://www.bloomberg.com/live/europe
Striving for consistency
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