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Cable Update (GBPUSD)

  • #384,821
  • Jul 2, 2014 2:35am Jul 2, 2014 2:35am
Quoting Janut
MM is expectind us to load on longs because of news, bla bla. May be a bull trap today ?.
Not convinced either cant see the uk pmi over that level .. close to being as expected for sure so no bid moves or shakers on the uk market later on nyc time.
  • #384,822
  • Jul 2, 2014 2:42am Jul 2, 2014 2:42am
Gbp Jpy i ready to go down? H4 candle formed.
No emotions, just trade
  • #384,823
  • Jul 2, 2014 2:44am Jul 2, 2014 2:44am
Trade confirmation
On 02-Jul-2014 at 07:08:10 (GMT)
You sold 5GBPUSD @ 1.71498 for value date 07-Jul-2014
Front office position id: 139837485
Account: 5589929

sl 56 target 7120
  • #384,824
  • Jul 2, 2014 3:01am Jul 2, 2014 3:01am
Quoting Janut
MM is expectind us to load on longs because of news, bla bla. May be a bull trap today ?. triangle pattern formation. Let us see which side it will break.
Or maybe just a trap for more retailers going even shorter
Fix up, trade sharp ...
  • #384,825
  • Jul 2, 2014 3:04am Jul 2, 2014 3:04am
Quoting Hickson
{quote} Ja, was schwierig ist: Die Amis denken z. T., das sei die Realität
Leider in Deutschland auch so
  • #384,826
  • Jul 2, 2014 3:06am Jul 2, 2014 3:06am
Quoting kucindacat
I'm waiting gbpusd can go down like 300 pips
these kinds of comments make me wonder why people are so bear. I have shorts too but not that 'optimistic' it will go that far
  • #384,827
  • Jul 2, 2014 3:09am Jul 2, 2014 3:09am
In my opinion, it s all fundamentaly based. It can go down, but some really good US news must happen or very bad news for GBP. WOndering where can this pair cap for correction. I think then it ll go even further to the north.
  • #384,828
  • Jul 2, 2014 3:11am Jul 2, 2014 3:11am
GU Daily...

Flat going into news watch the downside reaction on meets or disappoints upside surprise capped @ 161,8 extension 1.72 is R take care she is very overbought lots of profit taking 40 pips away...

Supports 706 area

trade safe
Attached Image
  • #384,829
  • Jul 2, 2014 3:20am Jul 2, 2014 3:20am
Quoting elbert3
Trade confirmation On 02-Jul-2014 at 07:08:10 (GMT) You sold 5GBPUSD @ 1.71498 for value date 07-Jul-2014 Front office position id: 139837485 Account: 5589929 sl 56 target 7120
target on manage in case we get lucky ???????
  • #384,830
  • Jul 2, 2014 3:20am Jul 2, 2014 3:20am
Important level:1.7321
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.gif Size: 13 KB
  • #384,831
  • Jul 2, 2014 3:22am Jul 2, 2014 3:22am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 95 KB
let sell order 120
  • #384,832
  • Jul 2, 2014 3:24am Jul 2, 2014 3:24am
From the downside, stabilizing above 1.7080 is significant to keep the positive possibility, while breaking 1.7035 could end the current bullish wave. Generally, its significant to breach 1.7185 to confirm extending the upside move.
  • #384,833
  • Jul 2, 2014 3:24am Jul 2, 2014 3:24am
Quoting kweiss10
{quote} these kinds of comments make me wonder why people are so bear. I have shorts too but not that 'optimistic' it will go that far
I'm joking only.. haha.. maybe can drop half of it..
  • #384,834
  • Jul 2, 2014 3:27am Jul 2, 2014 3:27am
so another run to 1.72 or this time down???
  • #384,835
  • Jul 2, 2014 3:30am Jul 2, 2014 3:30am
GBPUSD is overbought right now and i am selling many Pound pairs including Exotic pairs like,
GBPNOK
GBPSEK
and
GBPNZD
GBPUSD
all sell with 1:1 leverage,
looking for pull back at least 150 pips and that will be enough for SEK and NOK to drop 300-400 pips.
just my Analysis.
you guys are guying but some one have to sell for you to buy right??
i might be wrong about Pound but Some one has to loose money for other to make profit.
so its just matter of Time we will find out who was winner.
follow me on Twitter i Post my Trades there
Twitter: @Forex_Mechanic
Good Luck Guys
i hope to be wrong for you guys to make money, but i have been wrong some times, no one is perfect.
but its Forex Zero Sum Game some one's loss is your profit, so don't let your loss be some one's profit.
Green Pips to All.
Regards,
Pip.Sniper Team.
The Ones who make it, are the the ones who Manage RISK
  • #384,836
  • Jul 2, 2014 3:32am Jul 2, 2014 3:32am
damm this pair. account killer.
  • #384,837
  • Jul 2, 2014 3:33am Jul 2, 2014 3:33am
lol
  • #384,838
  • Jul 2, 2014 3:33am Jul 2, 2014 3:33am
overshot on PMI hahaha
  • #384,839
  • Jul 2, 2014 3:33am Jul 2, 2014 3:33am
It was just too easy to buy this haha.
Fix up, trade sharp ...
  • #384,840
  • Jul 2, 2014 3:33am Jul 2, 2014 3:33am
[quote=Pip.Sniper;7575863]GBPUSD is overbought right now
No such thing!
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