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Cable Update (GBPUSD)

  • #384,321
  • Jun 30, 2014 1:42am Jun 30, 2014 1:42am
Last week cable is sticked to euro. Last spike was mirrored to euro. Or it was a quick usd sell of. Usd index felt and recovered quickly.
No emotions, just trade
  • #384,322
  • Jun 30, 2014 1:53am Jun 30, 2014 1:53am
Triangle pattern broken down on h1. Let.s see.
No emotions, just trade
  • #384,323
  • Jun 30, 2014 2:36am Jun 30, 2014 2:36am
Attached Image (click to enlarge)
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morning, yes out of the triangle tried to get back in,or if you like supported confirm breakout, but if you se it hit the emas which have crossed so a good possibility of shorter move down i will get and indi soon i think 704 is a target for now
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on the day white ema si the target 1 point then look to break 700 and so on if it breaks 704 pp for me
  • #384,324
  • Jun 30, 2014 2:51am Jun 30, 2014 2:51am
Attached Image (click to enlarge)
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just careful around this area 200 100 sitting just outside on the resistance 705 ish
  • #384,325
  • Jun 30, 2014 3:00am Jun 30, 2014 3:00am
Gidday GBP/US

Man down to a minute chart now

Assholes

They are my pips now give them back

Lesson don't go for a coffee

while the market is buzzing
  • #384,326
  • Jun 30, 2014 3:04am Jun 30, 2014 3:04am
Quoting eliteincome
Gidday GBP/US Man down to a minute chart now Assholes They are my pips now give them back Lesson don't go for a coffee while the market is buzzing
think it might do 700 in this morning ,fingers crossed
  • #384,327
  • Jun 30, 2014 5:00am Jun 30, 2014 5:00am
where are the traders ,, i hope we have not lost any body ???
  • #384,328
  • Jun 30, 2014 5:11am Jun 30, 2014 5:11am
Quoting elbert3
where are the traders ,, i hope we have not lost any body ???
long @ 1,7012, SL 1,7082
fortis fortuna adiuvat
  • #384,329
  • Jun 30, 2014 5:19am Jun 30, 2014 5:19am
Quoting deltaone
{quote} long @ 1,7012, SL 1,7082
morning i just put pp on 18 in case ..gl
  • #384,330
  • Jun 30, 2014 5:33am Jun 30, 2014 5:33am
Quoting elbert3
{quote} morning i just put pp on 18 in case ..gl
morning
thanks
lack of coffee: long @1,7012 and sl = 1,6982
fortis fortuna adiuvat
  • #384,331
  • Jun 30, 2014 5:43am Jun 30, 2014 5:43am
Attachment
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  • #384,332
  • Jun 30, 2014 5:52am Jun 30, 2014 5:52am
Quoting deltaone
{quote} morning thanks lack of coffee: long @1,7012 and sl = 1,6982
  • #384,333
  • Jun 30, 2014 5:52am Jun 30, 2014 5:52am
can someone please explain to me what is going on here? it goes up, then it goes down, then it goes up. Is there any clear path this is taking.
  • #384,334
  • Jun 30, 2014 5:55am Jun 30, 2014 5:55am
Quoting kweiss10
can someone please explain to me what is going on here? it goes up, then it goes down, then it goes up. Is there any clear path this is taking.
monthly order flow. it will happen in the US session also. don't be surprised to see it back at 1.7012
  • #384,335
  • Jun 30, 2014 5:55am Jun 30, 2014 5:55am
When you look at a yearly chart we're actually extremely overbought in a down trend.
And there we've all been, trading with our balls out,going long against the trend for nearly 2 years!
Where price is now, it has been before, and will be again.
  • #384,336
  • Jun 30, 2014 5:58am Jun 30, 2014 5:58am
Quoting kweiss10
can someone please explain to me what is going on here? it goes up, then it goes down, then it goes up. Is there any clear path this is taking.
As giveachance says, it's monthly OF. The last day of the trading month causes these kinds of erratic movements as the big boys gun for targets/stops to meet profit targets and close up positions. These days are usually volatile. The net movement of price usually isn't that remarkable.
"Serenity, you sound like a frustrated Canadian living your life in the US"
  • #384,337
  • Jun 30, 2014 5:58am Jun 30, 2014 5:58am
Quoting elbert3
who would of thought it,, bombed out ASl at 31 - 12 715 order now for Monday scalp it back just took this one sl open Trade confirmation On 27-Jun-2014 at 20:09:17 (GMT) You sold 5GBPUSD @ 1.70392 for value date 01-Jul-2014 acc. Front office position id: 139692496 Account:5589929
out plus 21 and 9, scalp again still no run down ,??? order still sell 66,, and 20
  • #384,338
  • Jun 30, 2014 6:02am Jun 30, 2014 6:02am
Goldman Sachs brings forward forecast for first UK rate hike
by Gerry Davies
To Q1 2015 from previous Q3 2015.
Reflects banks' upward revisions to UK growth forecasts and recent hawkish shift in some MPC communication.
After first hike, Goldmans expect pace of subsequent tightening to be gradual.
See bank rate at 1% by end-2015, 1.75% by end-2016 and 2.5% by end-2017.
  • #384,339
  • Jun 30, 2014 6:03am Jun 30, 2014 6:03am
Quoting giveachance
{quote} monthly order flow. it will happen in the US session also. don't be surprised to see it back at 1.7012
sorry , but shall you explain more?
thanks
  • #384,340
  • Jun 30, 2014 6:06am Jun 30, 2014 6:06am
closed long @1,7042 +30 pips.
fortis fortuna adiuvat
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