Cable Update (GBPUSD) | Page 19382 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #387,621
  • Jul 16, 2014 2:27pm Jul 16, 2014 2:27pm
Dear Forex Factory Members and Guests

Yesterday I posted the 10am Eastern options expiry for today, Wednesday, July 16, 2014.

I posted the current market price at the time I made the post - please see below in red.

GBP/USD
Options Expiry for Wednesday, July 16, 2014

1.7155 - pay out US$200 million
1.7152 - Current Market Price at 12:05pm easterm
1.7100/05 pay out US$388 million
1.7075 pay out US$201 million
1.7050 pay out US$200 million
1.7025 pay out US$152 million
1.6925 pay out US$130 million

Lets look at what happened today.

Since 12:05pm eastern yesterday, up until today, Wednesday, July 16, 2014 10am Eastern options expiry, a total of 22 hours past and what did price action do?

Price action respected the 1.7155 level above the current market price 1.7152 at the time and it also respected the 1.7100/05 level below.

See Example below

1.7155 Options Expiry 10am Eastern
1.7151 High For The Day - the time was 4:15am eastern
1.7109 Low For The Day - the time was 4:30am eastern
1.7100/05 Options Expiry 10am Eastern

Do you now see how these Options Expiry's can give you a strong indication of how price will react. Its not 100% bulletproof, but it can be used as another factual and valuable tool when analyzing the market and planning your trade.

HDA OUT
  • #387,622
  • Jul 16, 2014 2:30pm Jul 16, 2014 2:30pm
closing long with a small profit in order to avoid overnight-risk.

good night
fortis fortuna adiuvat
  • #387,623
  • Jul 16, 2014 2:38pm Jul 16, 2014 2:38pm
30min hell
Was outside clearing street drains
Managed to save my furnace and heater
http://www.wickedlocal.com/storyimag...-301259741.jpg
In trading, you have to be defensive and aggressive at the same time
  • #387,624
  • Jul 16, 2014 2:54pm Jul 16, 2014 2:54pm
Quoting HDA
Dear Forex Factory Members and Guests Yesterday I posted the 10am Eastern options expiry for today, Wednesday, July 16, 2014. I posted the current market price at the time I made the post - please see below in red. GBP/USD Options Expiry for Wednesday, July 16, 2014 1.7155 - pay out US$200 million 1.7152 - Current Market Price at 12:05pm easterm 1.7100/05 pay out US$388 million 1.7075 pay out US$201 million 1.7050 pay out US$200 million 1.7025 pay out US$152 million 1.6925 pay out US$130 million Lets look at what happened today. Since 12:05pm eastern...
That's great HDA.

Too bad that information doesn't come in an indicator we can slap on our charts. Because without it, it's not much help. So for the little guy, it kind of feels like just another unfair advantage for some. You know?
Ghost Rider - WWTBMD?
  • #387,625
  • Jul 16, 2014 3:11pm Jul 16, 2014 3:11pm
GBP obviously supported from Britain CB
any other money had been exploded with this reports.
but i am bear in cable.
  • #387,626
  • Jul 16, 2014 3:14pm Jul 16, 2014 3:14pm
Quoting elbert3
{quote} i think we get a bounce sl 13517 scalp trade based 20 pips target Trade confirmation On 16-Jul-2014 at 18:13:09 (GMT) You bought 5 EURUSD @ 1.35241 for value date 18-Jul-2014 Front office position id: 140108905 Account: 5589929 s
Good to know someone else bought into this plunge. I'm in nearly at the same price. Can't believe I did that.
But: two consecutive days of heavy losses+massive demand zone+bat pattern on the Daily+long term RSI buried+bullish divergence on short term RSI sould do for a rebound.

Let's see if it works out.

cheers
Be water, my friend
  • #387,627
  • Jul 16, 2014 3:33pm Jul 16, 2014 3:33pm
Quoting spocktrader
{quote} Good to know someone else bought into this plunge. I'm in nearly at the same price. Can't believe I did that. But: two consecutive days of heavy losses+massive demand zone+bat pattern on the Daily+long term RSI buried+bullish divergence on short term RSI sould do for a rebound. Let's see if it works out. cheers
ashed in 3 trades yesterday toooo early the money looked good on the level it was at, so i thought try long it,,, as you said it has a lot going for it ,,gl,
  • #387,628
  • Jul 16, 2014 3:37pm Jul 16, 2014 3:37pm
Quoting HDA
Dear Forex Factory Members and Guests Yesterday I posted the 10am Eastern options expiry for today, Wednesday, July 16, 2014. I posted the current market price at the time I made the post - please see below in red. GBP/USD Options Expiry for Wednesday, July 16, 2014 1.7155 - pay out US$200 million 1.7152 - Current Market Price at 12:05pm easterm 1.7100/05 pay out US$388 million 1.7075 pay out US$201 million 1.7050 pay out US$200 million 1.7025 pay out US$152 million 1.6925 pay out US$130 million Lets look at what happened today. Since 12:05pm eastern...
hi HDA, thanks for explaining..
where we can find this options expiry for every day? thanks for answer
  • #387,629
  • Jul 16, 2014 3:41pm Jul 16, 2014 3:41pm
Quoting HDA
Dear Forex Factory Members and Guests Yesterday I posted the 10am Eastern options expiry for today, Wednesday, July 16, 2014. I posted the current market price at the time I made the post - please see below in red. GBP/USD Options Expiry for Wednesday, July 16, 2014 1.7155 - pay out US$200 million 1.7152 - Current Market Price at 12:05pm easterm 1.7100/05 pay out US$388 million 1.7075 pay out US$201 million 1.7050 pay out US$200 million 1.7025 pay out US$152 million 1.6925 pay out US$130 million Lets look at what happened today. Since 12:05pm eastern...
These are great tools/info, so thanks for posting them.

I looked into subscribing to this info at one point in time, but the subscription rates looked a little pricey ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #387,630
  • Jul 16, 2014 3:42pm Jul 16, 2014 3:42pm
Quoting Davit
30min hell Was outside clearing street drains Managed to save my furnace and heater {image}
Kinda looks like the every other spring we get here in Iowa ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #387,631
  • Jul 16, 2014 3:48pm Jul 16, 2014 3:48pm
Cautiously bearish from these levels on a very short-term basis. Negative US data tomorrow could change that in a hurry, though.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #387,632
  • Jul 16, 2014 3:50pm Jul 16, 2014 3:50pm
Quoting ZebraSquirl
{quote} Kinda looks like the every other spring we get here in Iowa ... .
Haha... I hear that!! Only to be outdone by the greasy snow falls and winds...
Ghost Rider - WWTBMD?
  • #387,633
  • Jul 16, 2014 3:55pm Jul 16, 2014 3:55pm
Here's one reason (of several) why I'm very cautious about buying EUR/XXX at this point. Not that it can't change but, it hasn't so far...lol
Attached Image (click to enlarge)
Click to Enlarge Name: Index.PNG Size: 64 KB
Ghost Rider - WWTBMD?
  • #387,634
  • Jul 16, 2014 4:07pm Jul 16, 2014 4:07pm
Quoting HDA
Dear Forex Factory Members and Guests Yesterday I posted the 10am Eastern options expiry for today, Wednesday, July 16, 2014. I posted the current market price at the time I made the post - please see below in red. GBP/USD Options Expiry for Wednesday, July 16, 2014 1.7155 - pay out US$200 million 1.7152 - Current Market Price at 12:05pm easterm 1.7100/05 pay out US$388 million 1.7075 pay out US$201 million 1.7050 pay out US$200 million 1.7025 pay out US$152 million 1.6925 pay out US$130 million Lets look at what happened today. Since 12:05pm eastern...
Where do you get this information and are you still targeting 1.69?
  • #387,635
  • Jul 16, 2014 4:08pm Jul 16, 2014 4:08pm
The problem with fib ratios is that you dont know which peak and trough to the draw it from.. The choices are as infinate as there are molcules in the universe
  • #387,636
  • Jul 16, 2014 4:09pm Jul 16, 2014 4:09pm
Quoting Kajos2250
{quote} GU D1 GMT+3 Buy stop triggered too. Bullish enguilfing helps bulls to break ~7161 to comfirm the trend again! Another buy limit .7113, buy stop .7182, invalidation remain. Targetting ~7268... Good luck! {image}
GU D1 GMT+3

Buy limit triggered again, buy stop is still alive.
Today close can confirm the bullish trend again if there will be an bullish D1.
Invalidation stayed price closeing under ~7038...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicrodaily.png Size: 54 KB
Anything is math!
  • #387,637
  • Jul 16, 2014 4:14pm Jul 16, 2014 4:14pm
Quoting OnlineAddict
Long 7129
Target 7160-7170, lets see if we can make it there. Short scalp from there towards 30s again. But the next 3 hours will tell more...will probably set a SL in BE after.
Everyone can see the chart, but only a few can actually read it.
  • #387,638
  • Jul 16, 2014 4:19pm Jul 16, 2014 4:19pm
Yeah I'd have to agree. Those who don't understand fibs definitely shouldn't use them. They can be very misleading when used improperly.

Anyway, back to work
Ghost Rider - WWTBMD?
  • #387,639
  • Jul 16, 2014 4:19pm Jul 16, 2014 4:19pm
Quoting elbert3
{quote}
Weekly channel did hold, you should be safe until 3540-50, maybe more, if it breaks up from there. I still think we will see 1.36 and above, before down, if any.

Attached Image (click to enlarge)
Click to Enlarge Name: eurnew.png Size: 23 KB
Everyone can see the chart, but only a few can actually read it.
  • #387,640
  • Jul 16, 2014 4:25pm Jul 16, 2014 4:25pm
Quoting HDA
{quote} Nothing has changed. I remain short to 1.6900 Unless I indicate that I have closed my trade, My trade remains the same. Short - 1.7045 TP - 1.6900 If the need arises to scale in Higher, I will adjust - once again - You have not lost on a trade, until it closes. AND NOW TODAY, Tuesday, July 15, 2014 Added Short at 1.7190 - Tuesday, July 15, 2014 Two short positions running now 1.7200 - options barrier 1.7190 - short and holding - Tuesday, July 15, 2014 1.7045 - short and holding - Thursday, June 26, 2014 1.6900 - Take Profit remains...
Ghost Rider - WWTBMD?
167 traders viewing now