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Cable Update (GBPUSD)

  • #374,341
  • Apr 30, 2014 8:25am Apr 30, 2014 8:25am
Quoting nAVIN2007
looks like this some bitch might actually go to 1.7

still fomc ahead, monthly close today and no close above 6857 so far... Lets see..
Hero calls followed by margin calls...
  • #374,342
  • Apr 30, 2014 8:25am Apr 30, 2014 8:25am
Quoting giveachance
what a load of shit happening since morning today. euro rallies 60 pips on bad data and gbp also rallies along with it. shorted gbp @32
my god I was away from my desk and this shit rallies 30 pips more in 1 hr on mixed US data. added one more at 60 and will be ading more at 1.69. shorting it to hell
  • #374,343
  • Apr 30, 2014 8:25am Apr 30, 2014 8:25am
Lining up nicely to continue up.....perhaps after consolidating til 2PM.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-04-30 at 9.24.40 AM.png Size: 66 KB
There's always money in the banana stand.
  • #374,344
  • Apr 30, 2014 8:26am Apr 30, 2014 8:26am
Quoting nAVIN2007
looks like this some bitch might actually go to 1.7
bizarre movement today. euro rallies 80 pips from the lows. gbp does 60 pips. aussie and kiwi are well behaved but might act bitchy anytime.
  • #374,345
  • Apr 30, 2014 8:27am Apr 30, 2014 8:27am
it's gonna get ugly for some, wish all well
  • #374,346
  • Apr 30, 2014 8:28am Apr 30, 2014 8:28am
Quoting PoundTrader
it's gonna get ugly for some, wish all well
yes it may if fomc is dovish and I bet yellen will move her balls over this recent GDP data. she needs a reason to get bearish
  • #374,347
  • Apr 30, 2014 8:29am Apr 30, 2014 8:29am
Quoting JimmyC
{quote} **** **** it'll retrace and go back where it was
well done i should of left the 10% open trying again 1290.1 good call as the trend is still short regards E
  • #374,348
  • Apr 30, 2014 8:29am Apr 30, 2014 8:29am
$DX

1H view

Going into the open...
Attached Image
  • #374,349
  • Apr 30, 2014 8:30am Apr 30, 2014 8:30am
FACTUAL UPDATE

GBP/USD

1.7041 Second Bull Target
1.7000 First Bull Target (My Exit)
1.6950 Options Barrier
1.6900 Options Barrier
1.6895 Offers
1.6877 Next High
1.6875 Offers waiting to be filled
1.6850 Offers were FILLED
1.6830 Support was reached
1.6812 Support was reached
1.6800 Support was reached
1.6800 BIDs
1.6790 Support - HELD
  • #374,350
  • Apr 30, 2014 8:31am Apr 30, 2014 8:31am
Quoting giveachance
{quote} yes it may if fomc is dovish and I bet yellen will move her balls over this recent GDP data. she needs a reason to get bearish
GC watch the bbc news this morning about big trader knowing the signals before the mass market , a guy called martin lewis x trader has wrote a book about it
  • #374,351
  • Apr 30, 2014 8:32am Apr 30, 2014 8:32am
Quoting musani
{quote} Almost hit {image}{image}
1.6868 done for today
GELORE
  • #374,352
  • Apr 30, 2014 8:32am Apr 30, 2014 8:32am
Quoting elbert3
{quote} GC watch the bbc news this morning about big trader knowing the signals before the mass market , a guy called martin lewis x trader has wrote a book about it
sell order now 6873 30 pips
  • #374,353
  • Apr 30, 2014 8:32am Apr 30, 2014 8:32am
Quoting PoundTrader
it's gonna get ugly for some, wish all well
No question about that PT. How you been man? Still on holiday?
Ghost Rider - WWTBMD?
  • #374,354
  • Apr 30, 2014 8:35am Apr 30, 2014 8:35am
What happened to Sell in May? Everyone seems to be buying EUR and GBP!
A 1 pip gain is better than a 1 pip loss.
  • #374,355
  • Apr 30, 2014 8:36am Apr 30, 2014 8:36am
Quoting JimmyC
$DX 1H view Going into the open... {image}
Getting uglier by the hour isn't it Jimmy.
Ghost Rider - WWTBMD?
  • #374,356
  • Apr 30, 2014 8:36am Apr 30, 2014 8:36am
Quoting aeternum
What happened to Sell in May? Everyone seems to be buying EUR and GBP!
No, they sell the US Dollar. Lets wait for FOMC ;p
Hero calls followed by margin calls...
  • #374,357
  • Apr 30, 2014 8:37am Apr 30, 2014 8:37am
Quoting aeternum
What happened to Sell in May? Everyone seems to be buying EUR and GBP!
It's not May?
  • #374,358
  • Apr 30, 2014 8:37am Apr 30, 2014 8:37am
Quoting aeternum
What happened to Sell in May? Everyone seems to be buying EUR and GBP!
no 16700 trust me my mothers a policeman ??
  • #374,359
  • Apr 30, 2014 8:37am Apr 30, 2014 8:37am
what is hilsenrath saying on the fed move today??? that guy can move the euro by 30 pips atleast. bring on hilsenrath
  • #374,360
  • Apr 30, 2014 8:39am Apr 30, 2014 8:39am
no matter how horrible US data is 1.44 to 1.68 and still counting is a fucking 2400 pip move which is quite astonishing considering it came in 10 months
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