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Cable Update (GBPUSD)

  • #383,381
  • Jun 23, 2014 7:52am Jun 23, 2014 7:52am
Quoting Bones
gbp has promising weekly start against bullish monthly ,if it can break straight off bat {image}
Not before Karney speaks on Tuesday at 9.30AM ( local )
Intraday only.
  • #383,382
  • Jun 23, 2014 8:25am Jun 23, 2014 8:25am
well you have US news too
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #383,383
  • Edited Jun 24, 2014 6:51am Jun 23, 2014 9:05am | Edited Jun 24, 2014 6:51am
Quoting Bones
well you have US news too
US news does not seem to have much of importance compared to karney's clues again.

The positive clue is already priced. Any negative speech could push the price down to 1.6920.
Intraday only.
  • #383,384
  • Jun 23, 2014 9:25am Jun 23, 2014 9:25am
gonna chance some shorts against 1.7022....
Look Sharp/Trade Tight
  • #383,385
  • Jun 23, 2014 9:29am Jun 23, 2014 9:29am
lol true guess market will be against him ,

Quoting navk
{quote} US news does not seem to have much of importance compared to karney's clues again. The positive clue is already priced. Any negative speech could push the price down to 1.6920.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #383,386
  • Jun 23, 2014 9:31am Jun 23, 2014 9:31am
Quoting Bones
gbp has promising weekly start against bullish monthly ,if it can break straight off bat {image}
Hi buddy i think the FTSE 100 is the factor which is going to help GBP strength to decrease..
  • #383,387
  • Jun 23, 2014 10:33am Jun 23, 2014 10:33am
Been in this trade for a week now with the pair going no where. should it hit my SL I'll be looking for longs.
and does anyone see the possibility of a head and shoulders here? if the pattern completes I might add to my position.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 54 KB
  • #383,388
  • Jun 23, 2014 11:08am Jun 23, 2014 11:08am
the fall of oil prices support the greenback, and that is provisionally , so i do believe the cable is making momentum targeting new high.
  • #383,389
  • Jun 23, 2014 11:12am Jun 23, 2014 11:12am
Longed again@ 1.706. sl 1.6998. Tp@ 1.7050 or whichever number before carney speaks tmr.
  • #383,390
  • Jun 23, 2014 11:13am Jun 23, 2014 11:13am
Quoting Bones
its easy to come along and point out plausible scenarios ,consider how easy it to demo trade , start raising the stakes then ,the pressure comes {quote}

I am not trading demo, if you meant that.
No emotions, just trade
  • #383,391
  • Jun 23, 2014 11:25am Jun 23, 2014 11:25am
Good day,

I do not believe the bearish divergence mentioned earlier this morning has fully played out as yet. We may still go a little lower.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 61 KB
  • #383,392
  • Jun 23, 2014 11:32am Jun 23, 2014 11:32am
Quoting TauTrader
Good day, I do not believe the bearish divergence mentioned earlier this morning has fully played out as yet. We may still go a little lower. Regards {image}

The 4 hr thing takes time, whether bullish convergence or bearish divergence.
Intraday only.
  • #383,393
  • Jun 23, 2014 11:40am Jun 23, 2014 11:40am
Quoting navk
{quote} US news does not seem to have much of importance compared to karney's clues again. The positive clue is already priced. Any negative speech could push the price down to 1.6920.
Agree
No emotions, just trade
  • #383,394
  • Jun 23, 2014 11:55am Jun 23, 2014 11:55am
no not you
Quoting Janut
{quote} I am not trading demo, if you meant that.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #383,395
  • Jun 23, 2014 12:25pm Jun 23, 2014 12:25pm
Quoting Bones
no not you {quote}
No emotions, just trade
  • #383,396
  • Jun 23, 2014 12:44pm Jun 23, 2014 12:44pm
Entered long, tp 7040.
No emotions, just trade
  • #383,397
  • Jun 23, 2014 1:27pm Jun 23, 2014 1:27pm
Quoting Janut
Entered long, tp 7040.
good luck - my limit was too closefisted - missed because of 1,8 pips
fortis fortuna adiuvat
  • #383,398
  • Jun 23, 2014 1:40pm Jun 23, 2014 1:40pm
Gidday GBP/US

Not so sure it will roll over an retrace to far

I will hang to some longs to 1.708 to 171+ TP
  • #383,399
  • Jun 23, 2014 1:52pm Jun 23, 2014 1:52pm
Better to close all trades before speech. Too risky. Every day is new trade day. Greed is good but in limit.
No emotions, just trade
  • #383,400
  • Jun 23, 2014 1:57pm Jun 23, 2014 1:57pm
Quoting Janut
Better to close all trades before speech. Too risky.
Gidday Janut

Got a we short also

Hopefully we get a nice spike

which is great for clearing the charts
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