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Cable Update (GBPUSD)

  • #349,901
  • Oct 22, 2013 11:20pm Oct 22, 2013 11:20pm
Quoting KillerWhale
{quote} Lol I have stop @ be +5 already, can't go wrong here.
No be + 7
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,902
  • Oct 22, 2013 11:25pm Oct 22, 2013 11:25pm
All the major currencies are about the same in the bad shape, so, fx market has become a super CASINO. Prediction of direction become weaker and weaker.
Face both Win and Lose bravely
  • #349,903
  • Oct 22, 2013 11:27pm Oct 22, 2013 11:27pm
dont play with us dolar.here we go
  • #349,904
  • Oct 22, 2013 11:31pm Oct 22, 2013 11:31pm
Quoting KillerWhale
{quote} No be + 7

Hell, keep moving that sucker down.

Kicking myself now.
  • #349,905
  • Oct 22, 2013 11:34pm Oct 22, 2013 11:34pm
Quoting Cowboy11
All the major currencies are about the same in the bad shape, so, fx market has become a super CASINO. Prediction of direction become weaker and weaker.
You haven't learned much in the 4 years you are a member.
Maybe you should accept it, some people are just not cut out for trading forex.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,906
  • Oct 22, 2013 11:35pm Oct 22, 2013 11:35pm
and finally "best Buyer" left in the up position ..........
  • #349,907
  • Oct 22, 2013 11:42pm Oct 22, 2013 11:42pm
For the guys and girls that question why I go short in a bull market ................... My stop is @ be + 15 at the moment.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,908
  • Oct 22, 2013 11:47pm Oct 22, 2013 11:47pm
Quote
U.S. nonfarm payrolls increased by 148,000 workers in September, less than expected. While the employment gain in August was revised up, the July figure was revised down to be the weakest since June 2012.

Is this the number that was supposed to come out on Thursday released just now?

Is that why the move?
  • #349,909
  • Oct 22, 2013 11:49pm Oct 22, 2013 11:49pm
Quoting KillerWhale
For the guys and girls that question why I go short in a bull market ................... My stop is @ be + 15 at the moment.
I could close @ 31 pips now, but we'll see.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,910
  • Oct 22, 2013 11:52pm Oct 22, 2013 11:52pm
yes it was the sept data due first Friday this month of October but was delayed due to U.s govt shutdown-came out y/day...that was known since lst week that it was y/day (Tuesday) - never saw Thursday anywhere ? Market knee-jerk reaction that was sustained thru the trading day thereafter was to the upside.

G/L

Quoting Baggi
{quote} Is this the number that was supposed to come out on Thursday released just now? Is that why the move?
ex member
  • #349,911
  • Oct 22, 2013 11:55pm Oct 22, 2013 11:55pm
Quoting bbmac
yes it was the sept data due first Friday this month of October but was delayed due to U.s govt shutdown-came out y/day...that was known since lst week that it was y/day (Tuesday) - never saw Thursday anywhere ? Market knee-jerk reaction that was sustained thru the trading day thereafter was to the upside. G/L {quote}

This is what I saw on the front page for Thursday.

Attached Image (click to enlarge)
Click to Enlarge Name: Thursday.JPG Size: 19 KB
  • #349,912
  • Oct 22, 2013 11:57pm Oct 22, 2013 11:57pm
That is the weekly U.s release every Thursday known as 'initial claims' - it is not the U.s NFP release.

G/L

Quoting Baggi
{quote} This is what I saw on the front page for Thursday. {image}
ex member
  • #349,913
  • Oct 23, 2013 12:00am Oct 23, 2013 12:00am
Quoting bbmac
That is the weekly U.s release every Thursday known as 'initial claims' - it is not the U.s NFP release. G/L {quote}

Ah, I see. Unemployment "claims" vs the Unemployment "rate".
  • #349,914
  • Oct 23, 2013 12:05am Oct 23, 2013 12:05am
Unemployment claims data (initial claims) is weekly on a Thursday....NFP/Unemployment rate/average hourly earnings are monthly - usually 1st Friday in the month...but this can change when stuff like a govt shutdown or bank Holiday happens.

G/L

Quoting Baggi
{quote} Ah, I see. Unemployment "claims" vs the Unemployment "rate".
ex member
  • #349,915
  • Oct 23, 2013 12:08am Oct 23, 2013 12:08am
I posted this at the w/e - obviously the monthly candle that is not closed yet looks more bullish now.....it shows why I think there is a greater probability of an upside beak thru 6259 previous swing hi at some point...could even breech upside of the 6349 previous swing hi. Uk data today (Boe minutes) and 3rd Qtr Gdp on Friday - if good and supportive may see at least an upside breech of 6259 previous swing hi ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z1.jpg Size: 183 KB
ex member
  • #349,916
  • Oct 23, 2013 12:12am Oct 23, 2013 12:12am
Quoting Cowboy11
All the major currencies are about the same in the bad shape, so, fx market has become a super CASINO. Prediction of direction become weaker and weaker.
It's Destiny... DESTINY !
Attached Images
Always looking the GREAT, never left GOOD Point...
  • #349,917
  • Oct 23, 2013 12:13am Oct 23, 2013 12:13am
On my chart I've got the descending monthly T line at right around 6180.

You think we will pull back that far before moving up again?
  • #349,918
  • Oct 23, 2013 12:13am Oct 23, 2013 12:13am
My advice is that wait until 1H complete the cycle first before long again.
Face both Win and Lose bravely
  • #349,919
  • Oct 23, 2013 12:19am Oct 23, 2013 12:19am
for market conditions like this
speculation is the strongest thing to move the market
do not be too quick to speculate on the movement simply just because technically been confirmed.
use your psychological trading.......and use your logical trading
i wish the best for all trader here.....
  • #349,920
  • Oct 23, 2013 12:25am Oct 23, 2013 12:25am
Quoting Tsar
{quote} Hi XTrade, You're WELCOME in Cable Update (GBPUSD) thread's Give you analysis for Long Terms Trade Best Regards, Tsar

Thanks mate! I will - as I am cooking up a pot of swing/position trades that I have taken on
Cable,
Aussie,
Kiwi,
Swissy.

That's my fave four.

Besides my main focus of gold and silver / USD spot.

I look forward to posting in this forum again and thank you for the welcome!
XT-
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