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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

kuma666 Mar 14, 2017 12:56am | Post# 450881

{quote} ------- no no , that good job was from fasttrade1 = http://www.myfxbook.com/members/fast...eurusd/2025865

Props to all those who are profitable. However, I don't see a 4 lot bet being sustainable on that margin. I wish you the best of luck though!

diana91 Mar 14, 2017 2:09am | Post# 450882

The bears have gained control again... I am very near closing my position. I will wait just by a little bit, this bearish pressure was from Asian session, if bearish pressure continues during London session...that's it.

pedrosa Mar 14, 2017 2:32am | Post# 450883

Hi guys, what caused this south move ? No news etc.

diana91 Mar 14, 2017 2:32am | Post# 450884

Just as I was writing that, my stop loss was triggered. Green it is, but still not very happy, don't know what kind of news affected this pair so much...

Marianne Mar 14, 2017 2:45am | Post# 450885

Some that lost yesterdays rise or someone changing their positions? Ihave loaded up 121.54 the same amount as I sold at 122.47 yesterday but I am not very comfortable with this pair. Keeps me lookin at the screen the whole day . Dont have time to work.

Quickly out of this pair if it continious to go down

diana91 Mar 14, 2017 3:04am | Post# 450886

What I think happens now:

This was a panic sell, and market will quickly correct itself.

I have been taken out of my trade, and have not enough courage to open new long again. When I see it going up again, I will be quietly dying inside.

KpsFX89 Mar 14, 2017 3:12am | Post# 450887

Hallo, seems like cable will break out the floor for further..
anyone can help me know what the cause it?

Sorry for my bad grammar

Marianne Mar 14, 2017 3:16am | Post# 450888

What I think happens now: This was a panic sell, and market will quickly correct itself. I have been taken out of my trade, and have not enough courage to open new long again. When I see it going up again, I will be quietly dying inside.
Sold the ones bought at 1.2154 and bought again 121.3 so lets see

fontu Mar 14, 2017 3:26am | Post# 450889

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Though it is ok for the action but yet waiting for 1.2016/1.1985 test . so almost maturing , & eu should test lows towards 1.0619 break or not , even to 1,0550 ok for next bull try towards 1.700 to 1.08 . it may take the whole day or so but perhaps this week/ or simply next day with rates Hikes !! , though try only & may not hold ultimately . In that case some days or week to retest again. not know where usdx now but it should test low around 97 again with this bull action if !take care , fontu
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ConceptFX Mar 14, 2017 3:30am | Post# 450890

Guys, seriously, GBP/USD and EUR/GBP have quadruple the volume of the EUR/USD today. Today these are the much better markets.
UK is nervous...
These are very interesting markets today. (they MOVE!)
I prepare for more snipes, but I don't sweat it. 3.2%+ before 8:30 makes me happy.
I love you Brits! Keep going!

Marianne Mar 14, 2017 3:33am | Post# 450891

out of these ones too downward too strong

DonMalaya Mar 14, 2017 4:04am | Post# 450892

i dont see any buyer yet

stop at 1.2100

DonMalaya Mar 14, 2017 4:05am | Post# 450893

1 Attachment(s)
Hi guys, what caused this south move ? No news etc.

orderflow move the market..

news only the perception of participant to make a trade...

*fact

market are too thin..

a lot of vacumm
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KpsFX89 Mar 14, 2017 4:18am | Post# 450894

If I look in the time frame 5m 15m 30m and 1H, its look like that the market still continuous down. didn't see going to change upward..
Any suggestion guys???

Jevan Mar 14, 2017 4:27am | Post# 450895

1 Attachment(s)
Testing January low, 2nd profit target
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DwainUK Mar 14, 2017 4:37am | Post# 450896

It took the whole move from yesterday in like 10 min. time going to new low. How corrective could that be. I was long too but have to wait now all this article 50 triggering. It would defo test the 1.21 and pretty sure the 1.20 too before getting up again. Fontu said it pretty wisely. Cheers

lucvoia Mar 14, 2017 5:13am | Post# 450897

Next support 1.20, end March. After T.May will send Art.50, GBP/USD will go 1,15.
End 2017, i think will go to 1,10. GO GO Brexit!!

MyOpinion Mar 14, 2017 5:21am | Post# 450898

I've set 2 buys for 1.2267 + 1.2225 stops 1.2132. I think there's a decent chance this is the bottom and back up to 1.28ish, lets see.
Took my stops finally but i'm not convinced so have re-entered long at 1.2135 stops 1.2032 take profit 1.2365. Thankfully took some profit from 1.2165 to 1.222.

elbert3 Mar 14, 2017 6:16am | Post# 450899

We have a cross 10 20 ema on 1 hour but it's just over the 50 so hence the battle . I would of liked a bounce from weekly tl around 2080 but 2200 is there so it's going to be hairy best way to play it is don't play nfp . Unless small lots or look for s/r and play off that . I have 2080 buy order at this time but see how it goes
See your 4 hour make it small chart and stick tl on you will see the 50 ema stopped it as posted above as thought . 2140 was a inner tl breakout now watch lower tl at about 2060 area for the bounc up or next would be breakout lower to the low it could be false

DonMalaya Mar 14, 2017 6:34am | Post# 450900

be careful...we are on support daily ..

watch out daily chart....big boy can squezze all those seller

liquidity nearly drop at this level


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