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Cable Update (GBPUSD)

  • #349,721
  • Oct 22, 2013 7:41am Oct 22, 2013 7:41am
Outstanding
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Founder of Sutherland Wave Principle
  • #349,722
  • Oct 22, 2013 7:43am Oct 22, 2013 7:43am
This is what Barclays had to say about EU before NFP http://www.efxnews.com/story/21313/e...p-tue-barclays
For real, you could make a fortune taking the other side of these banksters predictions
  • #349,723
  • Oct 22, 2013 7:44am Oct 22, 2013 7:44am
soooo who here was shorting? lol
Anything can happen in FOREX. There's no 100% sure
  • #349,724
  • Oct 22, 2013 7:45am Oct 22, 2013 7:45am
Quoting nAVIN2007
{quote} that is normal for zone 1..it has always been like this west end is a great place to live..id say it is worth it..believe me..that is nothing


For that money - you can rent a posh 5 bedroom mansion with a view of table bay here in Cape Town.

Scary!
  • #349,725
  • Oct 22, 2013 7:47am Oct 22, 2013 7:47am
Quoting negrada
Big jump, time to move my stop up from my long at 1.6129. Soon the market will start to think "you know what, I think that non-farm payrolls wasn't that bad!" and retrace. If moves a little more up, TP in action - will let you know when I get my TP.
Sir Negrada

Well done!

Regards
  • #349,726
  • Oct 22, 2013 7:48am Oct 22, 2013 7:48am
Quoting TauTrader
{quote} For that money - you can rent a posh 5 bedroom mansion with a view of table bay here in Cape Town. Scary!
over here that is nothing bro.. seriously

http://www.kfh.co.uk/residential-pro...earch-results/

check this out..holland park..now this is what i call over budget
  • #349,727
  • Oct 22, 2013 7:49am Oct 22, 2013 7:49am
SL hit for half of position at 1.6180. still undecided on what to do with the other half.
  • #349,728
  • Oct 22, 2013 7:49am Oct 22, 2013 7:49am
Quoting sepuluh
market rampage ! up 90 points in 1 second.......
Sepuluh, you should know by now, why i say it will be long.
Face both Win and Lose bravely
  • #349,729
  • Oct 22, 2013 7:51am Oct 22, 2013 7:51am
nice chance to get out here shorts.... clearly needs higher look at the euro obvious bull move coming
Loser trying to become a winner!
  • #349,730
  • Oct 22, 2013 7:51am Oct 22, 2013 7:51am
Quoting Tsar
{quote} To be Continued ??? {image}
Of course...
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Always looking the GREAT, never left GOOD Point...
  • #349,731
  • Oct 22, 2013 7:53am Oct 22, 2013 7:53am
Quoting nAVIN2007
{quote} that is normal for zone 1..it has always been like this west end is a great place to live..id say it is worth it..believe me..that is nothing
No way mate. I prefer living in my 1600sqft 4-bed house just outside of the M25 with ensuite master bedroom, conservatory, garden and private heated and covered swimming pool that cost me just £270,000 to buy and renovate and is on the banks of the Thames with a nice park just across the road and 8-min walk to the train station that will leave me in Zone 1 in 37 mins.
  • #349,732
  • Oct 22, 2013 7:54am Oct 22, 2013 7:54am
GU Post NFP

It is interesting that:
The High 1.625 is intact
The more recent High 1.622 also has not been taken out we spiked 1.621 on very poor US Data and
The recent swing low is a lower low

The Medium Term View would therefore suggest a bearish declining channel forming with opportunity for bulls and bears (probably more bearish now)

Lets wait a few hours and let the dust settle and fade



Enjoy!
  • #349,733
  • Oct 22, 2013 7:57am Oct 22, 2013 7:57am
Quoting Cowboy11
{quote} Sepuluh, you should know by now, why i say it will be long.

hahaha okey cowboy.....
i will fight with you one by one like a real cowboy sometimes.....hahaha
  • #349,734
  • Oct 22, 2013 7:59am Oct 22, 2013 7:59am
The most devastation I have ever seen NFP do is rock price 30 pips above and below projected range. This is textbook price pattern action for me, NFP didn't change anything. I just don't think it's the game changer it's hyped up to be? I don't think they effect whats happening on the macro scale so much as people are lead to believe. http://www.forexfactory.com/showthre...44#post6744744
Founder of Sutherland Wave Principle
  • #349,735
  • Oct 22, 2013 7:59am Oct 22, 2013 7:59am
I trade all long against U, and Gold as well. Don't forget to set protection.
The D will not give up so easy.
Face both Win and Lose bravely
  • #349,736
  • Oct 22, 2013 8:00am Oct 22, 2013 8:00am
and the rest of my cable long went at 1.617, now I'm neutral. bye bye FRIENDS!
  • #349,737
  • Oct 22, 2013 8:03am Oct 22, 2013 8:03am
Data was not so bad for US. GU is in its way to 1.63xx. I wish GU will get its top and USD index get its bottom soon. Bulls are tired now they need long rest...
Never test the depth of water with both feet.
  • #349,738
  • Oct 22, 2013 8:04am Oct 22, 2013 8:04am
Quoting Tsar
{quote} I hope not happen the Fifth times
OMG !!!
Attached Images
Always looking the GREAT, never left GOOD Point...
  • #349,739
  • Oct 22, 2013 8:04am Oct 22, 2013 8:04am
stopped out of my shorts at BE this time...
Enter Signature
  • #349,740
  • Oct 22, 2013 8:04am Oct 22, 2013 8:04am
91% of 20 day atr covered now.

G/L
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