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Cable Update (GBPUSD)

  • #364,381
  • Feb 18, 2014 3:45am Feb 18, 2014 3:45am
If unemployment misses..............................................
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Twitter: @TrendersGame
  • #364,382
  • Feb 18, 2014 3:45am Feb 18, 2014 3:45am
Quoting iqyu5an
Dreamin' already stay below ma200 m15...say for simple it's going to kiss ma200 H1 next .. tha thaa... {quote}
it's trying to stay below ma 200 m30.. then ma 200 h1 ....
not euphoria follower
  • #364,383
  • Feb 18, 2014 3:46am Feb 18, 2014 3:46am
Quoting kuroro001
{quote} Market tested supply right before the news make it go down...and they found sellers again Can't long that thing
not euphoria follower
  • #364,384
  • Feb 18, 2014 3:47am Feb 18, 2014 3:47am
Quoting Suffo
buy 685 sl 657 tp 820
SL again ?
not euphoria follower
  • #364,385
  • Feb 18, 2014 3:49am Feb 18, 2014 3:49am
sold my 10% short and gone long of the 38% fib line on chart
  • #364,386
  • Feb 18, 2014 3:53am Feb 18, 2014 3:53am
Quoting elbert3
sold my 10% short and gone long of the 38% fib line on chart
don't reckon it to hit 61.8% target at 6605? looks like a good solid AB-CD move to me...2 cents
  • #364,387
  • Feb 18, 2014 3:55am Feb 18, 2014 3:55am
Quoting Davit
{quote} BOE wants lower Pound.You can't stimulate economy and create jobs by having high currency.
Well, that sounds logical of course. On the other hand, last week they stated a higher pound would not hurt export right now. It is a bit ambivalent. I do not have any opinion. On a technical view, I will keep buying the dips.
Fix up, trade sharp ...
  • #364,388
  • Feb 18, 2014 3:56am Feb 18, 2014 3:56am
Quoting cheater
{quote} don't reckon it to hit 61.8% target at 6605? looks like a good solid AB-CD move to me...2 cents
agree with that. this is also area for equal legs from the top and should produce bounce
  • #364,389
  • Feb 18, 2014 3:57am Feb 18, 2014 3:57am
Quoting Kelllcie
Why is GBP going down on weak inflation numbers? anyone knows?
Because that is what normally happens and is how you should interpret CPI data. However, this can't really be considered weak. Forecast was 2.0%, Actual was 1.9%. The difference is very small and probably won't have any lasting effects. Of course a bear (90%+ of people here), will see it as a very weak number. Nonetheless, the idea still holds, weak inflation numbers are bad for the currency.
  • #364,390
  • Feb 18, 2014 3:59am Feb 18, 2014 3:59am
Quoting zaghloul
{quote} Because that is what normally happens and is how you should interpret CPI data. However, this can't really be considered weak. Forecast was 2.0%, Actual was 1.9%. The difference is very small and probably won't have any lasting effects. Of course a bear (90%+ of people here), will see it as a very weak number. Nonetheless, the idea still holds, weak inflation numbers are bad for the currency.
LOL sorry. I lack sleep, ofcourse it should go down. I complety mixed it up in my head.

Yes so if its only a small beat and it did this reaction then its safe to say there is some temporarly weakness on the bulls.
  • #364,391
  • Feb 18, 2014 4:00am Feb 18, 2014 4:00am
reason for going long support on the left 38% fib ext, price now needs to close above the high on the left and the 200 sma
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just a pull back thou i think i bit early to post the chart as the 30 min candle is still burning
  • #364,392
  • Feb 18, 2014 4:02am Feb 18, 2014 4:02am
come on guys they just needed it to come back to the levels they left it yesterday they wouldnt want to miss out on the pips that asian session gave...wouldnt be fair would it now?
  • #364,393
  • Feb 18, 2014 4:02am Feb 18, 2014 4:02am
Feed the bears pls...more!
COT: The precious data ignored
  • #364,394
  • Feb 18, 2014 4:03am Feb 18, 2014 4:03am
Quoting eurusd_trade
{quote} 1.6748 = 1.3650 / 0.8150 is one possible way to get there on normalish PA 1.6810 = 1.3700 / 0.8150 would be a disaster (more likely outcome on a GBP NEWS event) time will tell
cashed my sure profit of 50+ Pips and more

Quoting Schickeria
added more shorts on GU @ 1.6720 1.6667 should be norm and minimum target maybe we go to 1.6747 before but my 50 Profit are for me sure {image}
  • #364,395
  • Feb 18, 2014 4:03am Feb 18, 2014 4:03am
Quoting Fx-gtg
{quote} closed 1.6733 short 1.6736 . leave open over weekend
took profit at 1.6665
  • #364,396
  • Feb 18, 2014 4:05am Feb 18, 2014 4:05am
Quoting elbert3
reason for going long support on the left 38% fib ext, price now needs to close above the high on the left and the 200 sma{image} just a pull back thou i think i bit early to post the chart as the 30 min candle is still burning
ah i see what you mean, but it just closed below 38.2% at H1...open target for 6605 in sight it seems
  • #364,397
  • Feb 18, 2014 4:07am Feb 18, 2014 4:07am
Quoting stormtrader
come on guys they just needed it to come back to the levels they left it yesterday they wouldnt want to miss out on the pips that asian session gave...wouldnt be fair would it now?
lookin at 1.66 -1.6620 is what i am waiting for to see if it holds then we re heading for 1.70
  • #364,398
  • Feb 18, 2014 4:08am Feb 18, 2014 4:08am
Quoting zaghloul
{quote} Because that is what normally happens and is how you should interpret CPI data. However, this can't really be considered weak. Forecast was 2.0%, Actual was 1.9%. The difference is very small and probably won't have any lasting effects. Of course a bear (90%+ of people here), will see it as a very weak number. Nonetheless, the idea still holds, weak inflation numbers are bad for the currency.
Its the CORE that matters, which missed a bit more.
  • #364,399
  • Feb 18, 2014 4:12am Feb 18, 2014 4:12am
looks like its gonna hover until the hungry US bears start feasting...
  • #364,400
  • Feb 18, 2014 4:14am Feb 18, 2014 4:14am
Quoting kimisiow83
Considering to exit all my SELL on 1.676, and final 1.667 if it can reach there. It is still in good profit even if I exit all SELL on 1.676 actually.
BEAR feeding frenzy end. Waiting for EUR/USD Bear Feeding to end. Once both finish, BULL is ready to hit the BEAR.
I am not the SMARTEST person in the world, I am the PERSISTENT one.
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