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Cable Update (GBPUSD)

  • #456,221
  • Nov 2, 2017 7:11am Nov 2, 2017 7:11am
Quoting Dr.Phoenix
{quote} Hi, guys Today we can see the second attempt to overcome the 50% level of the previous month's IB and ...it has failed. We can assume the price might come back to the levels of 1.3130-1.3150. Looking forward to NFP... Best D.P. P.S. {quote} Yep. {image}
Competely so...

Best
D.P.

P.S. To be continued... Need to see what happens till the day's end.
Hunting High and Low
  • #456,222
  • Nov 2, 2017 7:14am Nov 2, 2017 7:14am
For me no sense, Will wait to Price Touch the Support and Start to Buy a Little.
  • #456,223
  • Nov 2, 2017 7:15am Nov 2, 2017 7:15am
long @0,88844 sl -20 tp +60
fortis fortuna adiuvat
  • #456,224
  • Nov 2, 2017 7:21am Nov 2, 2017 7:21am
Quoting deltaone
long @0,88844 sl -20 tp +60
no. out. +-0 waiting for the speach
fortis fortuna adiuvat
  • #456,225
  • Nov 2, 2017 7:21am Nov 2, 2017 7:21am
Quoting tma_21
rate increase..vote 7-0-2..but why gu n gj going down?
B/C we live in crazyland, that's why
  • #456,226
  • Nov 2, 2017 7:31am Nov 2, 2017 7:31am
Quoting DubaiFX
Hello guys, IMFO, after the thurdsay rate hike which is already 90% priced in so if inflation report matters most important question will be is it one and done thing or not?? if that will be the case POUND will get hit hard, as we all know BOE can surprise too, so with my money i will wait for the statement, if there is any indication of rate hike soon, then pound will hit 1.3600 and if that will be ONE AND DONE THING ( which i presume it will be) then i will wait for the spike to sell and keep selling till 1.30 maybe 1.29 for me its all about wait...
as i menioned in my last post,
afer the Hike Price will drop and it did well,
for now we will wait for retrace atleast 1.3220 and sell again
and in my Honest opinion NZD is too low and if pound os going to drop i have GBPCAD, GBPAUD and maybe GBPNZD too because it already dropped 200 pips,
let them retrace and we will sell i am not sure about you guys,
but NFP is also on the way tomorrow..
lets see how that turns out,
and if that is good them say hello to 1.29
just my analysis..
Good Luck Guys..
Don't compare your Trades with Others
  • #456,227
  • Nov 2, 2017 7:34am Nov 2, 2017 7:34am
Quoting tma_21
rate increase..vote 7-0-2..but why gu n gj going down?
Everybody and their grandma expected the rate hike, it's already priced into the market.

Note how price rallied by 40+ pips before dropping 160+ pips. It's like every move the market makes is deliberate and some psychopath is manipulating it.

Never trade on a day like this, might as well go to a casino.
  • #456,228
  • Nov 2, 2017 7:37am Nov 2, 2017 7:37am
long @0,88826 sl -20 tp +60
fortis fortuna adiuvat
  • #456,229
  • Nov 2, 2017 7:42am Nov 2, 2017 7:42am
Quoting deltaone
long @0,88826 sl -20 tp +60
sl = be now.
fortis fortuna adiuvat
  • #456,230
  • Nov 2, 2017 7:56am Nov 2, 2017 7:56am
Quoting deltaone
{quote} sl = be now.
sl hit. +-0
fortis fortuna adiuvat
  • #456,231
  • Nov 2, 2017 8:07am Nov 2, 2017 8:07am
Long for me.
BUY GBP/USD: TARGET 1.3220
It's a big game.
  • #456,232
  • Nov 2, 2017 10:38am Nov 2, 2017 10:38am
It just needs to find its bottom first the last main was 2770 so 2850 area to go long then 2550 area if if it breaks 2770
  • #456,233
  • Nov 2, 2017 10:46am Nov 2, 2017 10:46am
Quoting elbert3
It just needs to find its bottom first the last main was 2770 so 2850 area to go long then 2550 area if if it breaks 2770
you are catching falling knife billy? road to 1.29 is clear if 3040 is taken out. NFP will decide
  • #456,234
  • Nov 2, 2017 10:54am Nov 2, 2017 10:54am
cypher pattern possible on gbpNZD
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 154 KB
  • #456,235
  • Nov 2, 2017 10:55am Nov 2, 2017 10:55am
It will move up 1.3180 before moving more down....
  • #456,236
  • Nov 2, 2017 10:57am Nov 2, 2017 10:57am
its damn hairy in there, my best guess is 3015 as next support..
Look Sharp/Trade Tight
  • #456,237
  • Nov 2, 2017 10:59am Nov 2, 2017 10:59am
eurgbp 8949 is possible. a short can be tried there.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 113 KB
  • #456,238
  • Nov 2, 2017 11:01am Nov 2, 2017 11:01am
maybe a little bounce from 1.30 before resuming the downtrend
Don't Worry Be Happy
  • #456,239
  • Nov 2, 2017 11:12am Nov 2, 2017 11:12am
Quoting giveachance
{quote} you are catching falling knife billy? road to 1.29 is clear if 3040 is taken out. NFP will decide
Hi GC the knife was in my hand already .. yes NFL might be the big starter Regards B
  • #456,240
  • Nov 2, 2017 11:15am Nov 2, 2017 11:15am
Buy GU 1.3064 we will fly
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