Cable Update (GBPUSD)

To all my fellow traders.....

if there is anyone out there that is able to provide me with a vouche for my past posts and charting I would greatly appreciate it.

I am trying to obtain 10 votes so that I can post in a closed forum....the forum requires 10 vouches before you are allowed to post.

If anyone feels that I deserve a vouche I would appreciate your support.

I am 2 vouches away from being able to post in another forum....however, I will not leave this forum.......I am a cable guy through and through.....but not like Larry The Cable Guy.

Thank you to anyone that will vouch for me.

Faller.

hehhe...ok

great call Faller......excellent charts also!!!

exactly as planned i closed now every position in GU.
h1 chart shows price bouncing at that previous line also in supply area, ok.

now, i let dirty games to be done!
i think price need all the way to test weekply pivot before any upmove out of daily downtrend. just my idea!!
matter is that going now near weekly pivot could mean take out uptrend line in hourly.

price is late imo. some one should be very angry at boe today!
i can both expect a strong full upmove above to go for 57 and 58 area then pivot will be retested next week..... or a crash today, clean all positions and re-start.

i will watch this movie!!!

Closed and take profit at 1.556 good pips !

A nice psychological 1.5500 level. Going fast to meet it. SL @ +1.

Market talk of bids in GBP/USD at 1.5550 -

Last couple of upthrusts have failed to touch the top bollie band, momentum studies all slowing. Testing support at middle band. Waiting for short entry, but big news day so not willing to enter ahead of the BS

newz in 25 mints...........gu will be more down

hahahhaha..... maybe sell the rumors buy the fact....dont be trap!!!

agree on that one.

numbers out of Britain have been good lately....could be a big surprise here!

G/M

Uk Boe Mpc meeting minutes and Uk Q4 GDP - 1st print are the main news/data releases at 0930am gmt

A drop in Gdp from the final Q3 +0.6% is expected - but how far ? 0.2 to -0.1% difficult to say most likley market reaction on the knee-jerk (+)..-0.3% and worse would likely see some £ weakness on the knee-jerk and conversely 0.3% and above may see a relief rally on the knee-jerk. Gdp should be the one that gets the market moving but any further mention of imminent Qe expansion in the minutes may see a reaction too.

G/L

what did you do to gbp while i was gone?


Edit: you hit my buy limit =/

taking a position now= take same amount of money and throw it to the WC.

wait! market will be here whole day.

Half closed for 60 pips.

Knee-jerk bounce up then on data release - from the previous 4hr swing hi/lo / prev 1hr sw lo zone....1 and 3min bullish div plays there - 3min shown below.

G/L

5532 not broken , ok but tp1 takes there & now next short at top to see for tp2 5443 ( over it )
similarly eu bo now , next tp1 2952 level & ok tp2 2816 ( over it ) . will watch closely at times .all yesterday correction targets .
fontu

I shorted gbpcad and gu. One moment i was up 50pips each and next the price rebounded like wtf..

Will be looking for a short around 5600 area.

gbp/jpy is almost at todays high also. If it can't break its a long road down.