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  • #49,941
  • Nov 14, 2016 1:45am Nov 14, 2016 1:45am
Speculation.
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Combat crazy markets with crazy trading
  • #49,942
  • Nov 14, 2016 2:06pm Nov 14, 2016 2:06pm
got a long on here
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  • #49,943
  • Edited 6:39pm Nov 14, 2016 4:51pm | Edited 6:39pm
The GBP/USD keeps bouncing off the EMA50 on the 4-hourly. Overall, I'm much more confident in GBP strength against the EUR. This pair wants that SMA200 (red line), which is also the 62.8 retrace of the move from .7599 to .9225.


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Mark
  • #49,944
  • Nov 14, 2016 5:38pm Nov 14, 2016 5:38pm
Tin can
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  • #49,945
  • Nov 14, 2016 6:36pm Nov 14, 2016 6:36pm
Quoting CrazyOz
{quote} Yo mateee. You stand to make some profit on those shorts so don't be too hasty closing them yet. I see 1.0650- 1.0540 at this stage. A bounce then ???? {image}
Good call Sir. CrazyOz, great call, but I hesitate and miss the bus at 1.0708, I should have close them all there Sir. , but let see maybe I get a second chance....
I need a bit below 1.07xx.....

and I would love to see those 1.0650 you mention

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The Chonchy
  • #49,946
  • Nov 14, 2016 6:38pm Nov 14, 2016 6:38pm
Here's the rationale for my GBP/USD long...

Daily- SMA200 on the daily has been good resistance on the move down from the 1.5500. The fib 50 on the move from 1.5019 to 1.1992 rests on this SMA200 line.

4 hour- At 1.2250, we broke through the EMA50, which has changed from resistance to support.

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Mark
  • #49,947
  • Edited 7:05pm Nov 14, 2016 6:44pm | Edited 7:05pm
Quoting CrazyOz
Speculation. {image}

.....I would love for that speculation to take place Sir.
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first things, first, 1.0650, .......
The Chonchy
  • #49,948
  • Nov 14, 2016 6:47pm Nov 14, 2016 6:47pm
Quoting pilottrader
Here's the rationale for my GBP/USD long... Daily- SMA200 on the daily has been good resistance on the move down from the 1.5500. The fib 50 on the move from 1.5019 to 1.1992 rests on this SMA200 line. 4 hour- At 1.2250, we broke through the EMA50, which has changed from resistance to support. {image} {image}

....Nice to see you again around here Sir. Pilottrader, being a long time, on vacation? nice trading by the way, very nice....
The Chonchy
  • #49,949
  • Nov 14, 2016 6:54pm Nov 14, 2016 6:54pm
Quoting Squiggles
got a long on here {image}

nice long sir. Squiggles, nice long....catching the retrace.....
The Chonchy
  • #49,950
  • Nov 14, 2016 6:56pm Nov 14, 2016 6:56pm
Quoting chonchy
{quote} ....Nice to see you again around here Sir. Pilottrader, being a long time, on vacation? nice trading by the way, very nice....
Thanks, Chonchy. Great to see you again. Vacation from trading. Full time job and 2 kids under 5. Hope you're well!
Mark
  • #49,951
  • Nov 14, 2016 6:57pm Nov 14, 2016 6:57pm
Quoting pilottrader
Here's the rationale for my GBP/USD long... Daily- SMA200 on the daily has been good resistance on the move down from the 1.5500. The fib 50 on the move from 1.5019 to 1.1992 rests on this SMA200 line. 4 hour- At 1.2250, we broke through the EMA50, which has changed from resistance to support. {image} {image}
nice going Sir. Pilottrader, hope all come satisfactory for you in this trade Sir.
The Chonchy
  • #49,952
  • Nov 14, 2016 6:59pm Nov 14, 2016 6:59pm
Quoting pilottrader
{quote} Thanks, Chonchy. Great to see you again. Vacation from trading. Full time job and 2 kids under 5. Hope you're well!
I know what you mean Sir. not my kids but my grandkids, wish is the same.....

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The Chonchy
  • #49,953
  • Nov 14, 2016 7:11pm Nov 14, 2016 7:11pm
Quoting chonchy
{quote} nice going Sir. Pilottrader, hope all come satisfactory for you in this trade Sir.
Thanks! Loving the EUR/GBP short. Should be good regardless of whether the $ retraces a little after this huge move.
Mark
  • #49,954
  • Nov 14, 2016 7:12pm Nov 14, 2016 7:12pm
Quoting chonchy
{quote} I know what you mean Sir. not my kids but my grandkids, wish is the same..... {image}
Beautiful! Congratulations!
Mark
  • #49,955
  • Nov 14, 2016 7:17pm Nov 14, 2016 7:17pm
Quoting chonchy
{quote} I know what you mean Sir. not my kids but my grandkids, wish is the same..... {image}
Here's who kept me from currency.

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Mark
  • #49,956
  • Nov 15, 2016 12:41am Nov 15, 2016 12:41am
Quoting pilottrader
{quote} Here's who kept me from currency. {image}
lovely family Sir. are those aples, Sir.? nice....

this are my aples....

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The Chonchy
  • #49,957
  • Edited 1:23am Nov 15, 2016 1:11am | Edited 1:23am
Quoting chonchy
{quote} nice long sir. Squiggles, nice long....catching the retrace.....
thanks buddy, I see your short
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t1 here
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  • #49,958
  • Nov 15, 2016 5:34am Nov 15, 2016 5:34am
Quoting chonchy
{quote} Good call Sir. CrazyOz, great call, but I hesitate and miss the bus at 1.0708, I should have close them all there Sir. , but let see maybe I get a second chance.... I need a bit below 1.07xx..... and I would love to see those 1.0650 you mention {image}
Ohh wow mate. I see the account input. Now you can trade the account to it's full potential.
Combat crazy markets with crazy trading
  • #49,959
  • Nov 15, 2016 6:28pm Nov 15, 2016 6:28pm
Quoting chonchy
{quote} lovely family Sir. are those aples, Sir.? nice.... this are my aples.... {image}
Apple picking, then beer drinking. Great hobby in October in Massachusetts. Your family is wonderful. Congrats!
Mark
  • #49,960
  • Nov 15, 2016 9:32pm Nov 15, 2016 9:32pm
Quoting Squiggles
{quote} thanks buddy, I see your short {image} t1 here{image}
...I have being long short and what not, no not long just shorts, pick some sherries and get out, pick and get out, but only shorts, I can't go long anymore, unless I'm pretty sure......good luck to all of you today....all rite...
The Chonchy
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