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Cable Update (GBPUSD)

  • #456,261
  • Nov 2, 2017 11:00pm Nov 2, 2017 11:00pm
Can someone explainan amateur like me, From my logic if interest rate is raised, it's good for the currency, but What happend to GBP ??
Biggest Mistake ? Over Leverage
  • #456,262
  • Nov 2, 2017 11:09pm Nov 2, 2017 11:09pm
Quoting sing2x
Can someone explainan amateur like me, From my logic if interest rate is raised, it's good for the currency, but What happend to GBP ??
You should realize that news are given not for help, but foolish you. Turn off news and watch candles. I believe one more local minimum and we gonna go on 1.39.
  • #456,263
  • Nov 2, 2017 11:25pm Nov 2, 2017 11:25pm
Quoting mihrutkanik
{quote} You should realize that news are given not for help, but foolish you. Turn off news and watch candles. I believe one more local minimum and we gonna go on 1.39.
agree!
  • #456,264
  • Nov 2, 2017 11:41pm Nov 2, 2017 11:41pm
it forgot the TL
its bullish for the currency, but Carney is bearish
GBP data have been on the whole positive

Quoting sing2x
Can someone explainan amateur like me, From my logic if interest rate is raised, it's good for the currency, but What happend to GBP ??
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,265
  • Nov 3, 2017 12:03am Nov 3, 2017 12:03am
it's ticking up while shorters sleep well
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #456,266
  • Nov 3, 2017 12:09am Nov 3, 2017 12:09am
I'm up Bones....
Look Sharp/Trade Tight
  • #456,267
  • Nov 3, 2017 12:24am Nov 3, 2017 12:24am
Quoting Bones
it's ticking up while shorters sleep well {image}
hi i see you always use it-finance.i have no experience/idea about it.wold you like share some info about it ..specially attached chart what is 13068.72?mean or how to read /use it?thanks in advance
Say something meaningful or Silence!!
  • #456,268
  • Nov 3, 2017 12:26am Nov 3, 2017 12:26am
Quoting Bones
it's ticking up while shorters sleep well {image}
may be i smelled it before??/..lol

https://www.forexfactory.com/showthr...6#post10454286
Say something meaningful or Silence!!
  • #456,269
  • Nov 3, 2017 12:57am Nov 3, 2017 12:57am
Quoting elbert3
We had a 150 pip candle today . That's a big candle need to look back to see any other that size
You don't have to check back too far. The two bars between the blue parallel lines are the same size.
Attached Image (click to enlarge)
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  • #456,270
  • Nov 3, 2017 12:58am Nov 3, 2017 12:58am
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  • #456,271
  • Nov 3, 2017 2:34am Nov 3, 2017 2:34am
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Quoting Bones
its location you should be cautious of also you can see GBP AUD open useful info cable >off the back of the falling tl best way to hit a tl maybe is to let Carney do it in style but range must not break down, its noteworthy day but that's it gbp aud is now up 83 {quote} {image} {image}
nice chart B the second one is what I had as target as the above post . 3049 was a watch number
  • #456,272
  • Nov 3, 2017 2:36am Nov 3, 2017 2:36am
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Quoting Bones
it's ticking up while shorters sleep well {image}
Look at what we have now . Regards B
  • #456,273
  • Nov 3, 2017 2:38am Nov 3, 2017 2:38am
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Quoting Bones
it's ticking up while shorters sleep well {image}
Look left thou
  • #456,274
  • Nov 3, 2017 2:39am Nov 3, 2017 2:39am
We could range till NFP but my bias is still down, for now GL
  • #456,275
  • Nov 3, 2017 2:41am Nov 3, 2017 2:41am
Attached Image (click to enlarge)
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the game is afoot Watson !!!
  • #456,276
  • Nov 3, 2017 2:45am Nov 3, 2017 2:45am
the sneaky thing would be to take 3026 out by a tad, and bounce...surely after yesterdays candle that would see improbable I suspect...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 52 KB
Look Sharp/Trade Tight
  • #456,277
  • Nov 3, 2017 2:49am Nov 3, 2017 2:49am
Quoting josh11
We could range till NFP but my bias is still down, for now GL
same here,

Cheers mate.
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #456,278
  • Nov 3, 2017 2:55am Nov 3, 2017 2:55am
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Quoting Nala66
{quote} You don't have to check back too far. The two bars between the blue parallel lines are the same size. {image}
Thanks for that chart Nala here is another thought . Regards E
  • #456,279
  • Nov 3, 2017 3:03am Nov 3, 2017 3:03am
Quoting lcy723
{quote} 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.
@Icy723 what a nice explanation . Thank you
  • #456,280
  • Nov 3, 2017 3:43am Nov 3, 2017 3:43am
sorry never noticed that gap still over that number def hold
pmi good would do it maybe
Attached Image (click to enlarge)
Click to Enlarge Name: 101 hold ? gbp Screenshot 2017-11-03_08-40-00.png Size: 146 KB
Attached Image
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