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Cable Update (GBPUSD)

  • #380,281
  • Jun 4, 2014 8:18am Jun 4, 2014 8:18am
Quoting Makavell
You all should hold on to your pants cause this fucker is heading for 1.7031. bought at 1.6713 stop is rigid at 1.6581.
on the same page hombre..
  • #380,282
  • Jun 4, 2014 8:18am Jun 4, 2014 8:18am
Quoting Makavell
You all should hold on to your pants cause this fucker is heading for 1.7031. bought at 1.6713 stop is rigid at 1.6581.
Why ..31? I think some big money has sell orders at 1.7040-45. If Draghi cuts the rate tomorrow, GBP might make a nice downmove, so we can load up for longs a lot lower than now.
Everyone can see the chart, but only a few can actually read it.
  • #380,283
  • Jun 4, 2014 8:19am Jun 4, 2014 8:19am
Quoting carlicus
{quote} i'll keep the secret too haha :d by the way, elbert, as an expert on emas, have you seen the price touched the 200 ema on the 1h tf? And it is below the 4h 200 ema as well
you guys are taking the pi......s , this is taking an age on this 1 hour candle,, how long does a hour candle last for ???????? God
  • #380,284
  • Jun 4, 2014 8:19am Jun 4, 2014 8:19am
Quoting elbert3
{quote} a,,,,,, steady tiger ,,,, i only have eyes for 1 lol
Thanks Beautifull ..
  • #380,285
  • Jun 4, 2014 8:21am Jun 4, 2014 8:21am
Quoting DerekTrotter
{quote} Thanks Beautifull ..
XX
  • #380,286
  • Jun 4, 2014 8:21am Jun 4, 2014 8:21am
Quoting JimmyC
{quote} Definitely not you, I just giggled at the comment about both stop being hit, no profit and a trader chasing a trade.... aka news trading...
Oh ok. You know how I tend to be a blabber keyboard......sometimes...lol
Ghost Rider - WWTBMD?
  • #380,287
  • Jun 4, 2014 8:24am Jun 4, 2014 8:24am
Eur doings its job...now lets see how deep it can bring gbp.
Everyone can see the chart, but only a few can actually read it.
  • #380,288
  • Jun 4, 2014 8:25am Jun 4, 2014 8:25am
Quoting OnlineAddict
{quote} Why ..31? I think some big money has sell orders at 1.7040-45. If Draghi cuts the rate tomorrow, GBP might make a nice downmove, so we can load up for longs a lot lower than now.
Highly unlikely I would think? If he didn't when EU was near 4000, and GU near 7000, why would he now?
Ghost Rider - WWTBMD?
  • #380,289
  • Jun 4, 2014 8:26am Jun 4, 2014 8:26am
Quoting albchr
{quote} Highly unlikely I would think? If he didn't when EU was near 4000, and GU near 7000, why would he now?
I think the same, I think he won't do anything, but I would really love if he did...I would love to load up longs for gbpusd 100-200 pips lower.
Everyone can see the chart, but only a few can actually read it.
  • #380,290
  • Jun 4, 2014 8:28am Jun 4, 2014 8:28am
Quoting onlineaddict
eur doings its job...now lets see how deep it can bring gbp.
yes same boat as gb looking to break down to 52
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 118 KB
  • #380,291
  • Jun 4, 2014 8:29am Jun 4, 2014 8:29am
Quoting elbert3
{quote} dont tell him chris not yet any way x

lol
  • #380,292
  • Jun 4, 2014 8:30am Jun 4, 2014 8:30am
Quoting elbert3
{quote} you guys are taking the pi......s , this is taking an age on this 1 hour candle,, how long does a hour candle last for ???????? God
how long does this hour candle last,,, come on
  • #380,293
  • Jun 4, 2014 8:32am Jun 4, 2014 8:32am
Quoting GlobalMacro
{quote} See?It didn't work with adp...why...because numbers came out worse than expected and usd got sold. Like I said market's become extremely data driven lately...
It has dropped since the news.
Ever thought about how much money you could earn wagering against yourself?
  • #380,294
  • Jun 4, 2014 8:32am Jun 4, 2014 8:32am
Quoting elbert3
{quote} how long does this hour candle last,,, come on
Twice as long as this darn 15M does!
Ghost Rider - WWTBMD?
  • #380,295
  • Jun 4, 2014 8:33am Jun 4, 2014 8:33am
Quoting elbert3
{quote} how long does this hour candle last,,, come on
I'll help you out, this is exactly what you need
I even opened the doors for you so that you can enter faster haha
Just configure the desired date and hour bro

http://www.centraldetasacion.es/blog...delorean-1.jpg

https://lh4.ggpht.com/bYjt5Ig-CNC2lB...fmyfgEJZ4=h900
  • #380,296
  • Jun 4, 2014 8:33am Jun 4, 2014 8:33am
Quoting elbert3
{quote} yes same boat as gb looking to break down to 52{image}
Looking at a LL for eurusd, too...bulls there are so weak, something is holding them back, they want it lower. We might see a nice run down before the news tomorrow...and then a spike up. Whatever happens, I don't want to have eur trades open until then.
Everyone can see the chart, but only a few can actually read it.
  • #380,297
  • Jun 4, 2014 8:43am Jun 4, 2014 8:43am
Quoting OnlineAddict
{quote} I think the same, I think he won't do anything, but I would really love if he did...I would love to load up longs for gbpusd 100-200 pips lower.
Ummm...ok, I'm the first to admit I don't know these things but now I'm confused.

If he does nothing, (leaves rates as is) GBP will rise....no? If he cuts rates, doesn't it then fall through the floor?

Or...has this fall already priced it in so either way, GBP rises? God my head hurts now.
Ghost Rider - WWTBMD?
  • #380,298
  • Jun 4, 2014 8:44am Jun 4, 2014 8:44am
If we get a good PMI number and eurusd will retest the lows, it might get interresting on gbpusd. Its getting safer to keep my short now, while volume will slowly go down.
Everyone can see the chart, but only a few can actually read it.
  • #380,299
  • Jun 4, 2014 8:46am Jun 4, 2014 8:46am
Quoting albchr
{quote} Ummm...ok, I'm the first to admit I don't know these things but now I'm confused. If he does nothing, (leaves rates as is) GBP will rise....no? If he cuts rates, doesn't it then fall through the floor? Or...has this fall already priced it in so either way, GBP rises? God my head hurts now.
Look at last rate cut...eur dropped 300 pips, just to retrace back within a few days(the move retraced 50% within a few hours). If it goes down from here, I will definitely long after bears get tired. I think both eur and gbp are still bullish, so even if they drop 200 pips, I will be buying.

But yes, I think, if there is no rate cut, eur and gbp will skyrocket(after cleaning some long stops first).
Everyone can see the chart, but only a few can actually read it.
  • #380,300
  • Jun 4, 2014 8:49am Jun 4, 2014 8:49am
Quoting OnlineAddict
{quote} Look at last rate cut...eur dropped 300 pips, just to retrace back within a few days(the move retraced 50% within a few hours). If it goes down from here, I will definitely long after bears get tired. I think both eur and gbp are still bullish, so even if they drop 200 pips, I will be buying.
Oh ok.. gotcha. A temporary fall/spike. ... Yes I would then be betting the farm long too. Thank you.
Ghost Rider - WWTBMD?
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