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Cable Update (GBPUSD)

  • #395,821
  • Sep 2, 2014 4:55am Sep 2, 2014 4:55am
Quoting Fadadio
{quote} This statement is ignorance incarnate, tell me that fundamentals dont matter when a central banker talks down a currency
Thats more like manipulating...........even then the movement won't match what is being said the banker.....

Also about forex bloggers.........sometimes something happens / does not happen.........and they say it was 'priced in already'......other times they say, 'yes, fundamentals work......' cuz it went the 'right' way..........other times they say 'its cuz its waiting for the another big impact release, so the news just released won't matter that much.........'

.....forex does what forex wants.........
  • #395,822
  • Sep 2, 2014 4:56am Sep 2, 2014 4:56am
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  • #395,823
  • Sep 2, 2014 4:58am Sep 2, 2014 4:58am
1.6470 is now open.
  • #395,824
  • Sep 2, 2014 5:00am Sep 2, 2014 5:00am
false or not
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  • #395,825
  • Sep 2, 2014 5:07am Sep 2, 2014 5:07am
Quoting cspip
{quote} Thats more like manipulating...........even then the movement won't match what is being said the banker..... Also about forex bloggers.........sometimes something happens / does not happen.........and they say it was 'priced in already'......other times they say, 'yes, fundamentals work......' cuz it went the 'right' way..........other times they say 'its cuz its waiting for the another big impact release, so the news just released won't matter that much.........' .....forex does what forex wants.........

Exactly. It all has to do with where "They" want the price to move.

I would imagine the Scotch thing is priced in already...unless it's not.
Call it manipulation. Whatever. They want the price to go there, price goes there. End of story. The trick is to know the levels they are shooting for.
I, for one, don't get those memos.

  • #395,826
  • Sep 2, 2014 5:08am Sep 2, 2014 5:08am
lol,
I see.
But you didn't show us the trade yesterday....so it doesn't count.
Quoting Bones
I took trade yesterday , based on posted analysis , {quote}
Hear the music before the song is over ...
  • #395,827
  • Sep 2, 2014 5:08am Sep 2, 2014 5:08am
Quoting wendyqq
I cant yet. cuz it just went against my entry... can i ask one more, how long is this free pips thingy gonna go............................................... LOL i mean in your view, i knw there is no precise answer in this game! thanks {quote}
It depends on how they see the long term value of the pound, 88.6 is a very important number in Fibonacci.... so depending on where strong buy comes in we can see what is their longer term value for the pound on retracement
Peace & Pips
  • #395,828
  • Sep 2, 2014 5:13am Sep 2, 2014 5:13am
Quoting Orly
{quote} The trick is to know the levels they are shooting for. I, for one, don't get those memos.
Can you PM me when you get the link?
it's worth a carton
Lets go grab some PIPS
  • #395,829
  • Sep 2, 2014 5:21am Sep 2, 2014 5:21am
1hr looking strong, bearish daily off the 200ema/23.6fib, Looking for next fib and main support below.
Got to punch through the weekly 55ema/support area.
It will need the BIG GUNS...
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #395,830
  • Sep 2, 2014 5:22am Sep 2, 2014 5:22am
well thats true only I did make very clear what I thought ,just busy

Quoting GlobalMacro
lol, I see. But you didn't show us the trade yesterday....so it doesn't count. {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,831
  • Sep 2, 2014 5:26am Sep 2, 2014 5:26am
Daily TL got rejected on the first touch. Now remains to be seen if there's any real follow-through.
Quoting Bones
well thats true only I did make very clear what I thought ,just busy {quote}
Hear the music before the song is over ...
  • #395,832
  • Sep 2, 2014 5:26am Sep 2, 2014 5:26am
fair warning
against overall thread sentiment ,

http://www.forexfactory.com/showthre...21#post7706821


Quoting Bones
,bearish monthly says 35 pip real body =consolidation ,continuation , {image} {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,833
  • Sep 2, 2014 5:28am Sep 2, 2014 5:28am
really I doubt it remains to be seen G ,

Quoting GlobalMacro
Daily TL got rejected on the first touch. Now remains to be seen if there's any real follow-through.{quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,834
  • Sep 2, 2014 5:34am Sep 2, 2014 5:34am
30min Inside Bar. So i Buy small
GELORE
  • #395,835
  • Sep 2, 2014 5:35am Sep 2, 2014 5:35am
Someone will wear it.

Question is

who....?
Attached Image
Come with me if you want to live....
  • #395,836
  • Edited Sep 3, 2014 4:32am Sep 2, 2014 5:37am | Edited Sep 3, 2014 4:32am
Quoting Orly
{quote} Exactly. It all has to do with where "They" want the price to move. I would imagine the Scotch thing is priced in already...unless it's not. Call it manipulation. Whatever. They want the price to go there, price goes there. End of story. The trick is to know the levels they are shooting for. I, for one, don't get those memos.
I agree somewhat.......but what I'm also saying is that (and my "They" is the forex talkers / bloggers who try to explain what happened)..........they say something happens cuz this or that, they try to explain fundamentals...........sometimes something happened cuz news was -ve or +ve and it went in the right direction (easy to explain)............other times it didn't go the right direction cuz it was already priced in,.......... other times something didn't happen yet, cuz waiting for another news the following day, ........other times it was cuz the majority was short/long and market went other way...........other times taking out stops....................make your minds up!.............always trying to fit the curve in explaining why it happened.......

Nothing works..........forex does what it wants.......
  • #395,837
  • Sep 2, 2014 5:38am Sep 2, 2014 5:38am
Good Morning Traders

Just Woke Up - another test of 1.6500, oh ok

Heading back to bed

CONGRATULATIONS ON YOUR TRADE BONES!!!

Let's See What Happens



HDA OUT
  • #395,838
  • Sep 2, 2014 5:40am Sep 2, 2014 5:40am
Quoting Ill-b-back
1hr looking strong, bearish daily off the 200ema/23.6fib, Looking for next fib and main support below. Got to punch through the weekly 55ema/support area. It will need the BIG GUNS... {image} {image} {image}
Good morning my brother

Just curious here. Why didn't you close that long you have when you could have?
Ghost Rider - WWTBMD?
  • #395,839
  • Sep 2, 2014 5:41am Sep 2, 2014 5:41am
Quoting Bones
well thats true only I did make very clear what I thought ,just busy having passive aggressive digs at HDA {quote}
it's ok, we understand
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  • #395,840
  • Sep 2, 2014 5:41am Sep 2, 2014 5:41am
Okay Scotland is a big play here. It is pretty much on course for crash. Not knowing what could potentially happen is the real killer here. People can't forget that this is one of the developed central that had to succumb to an investor. People remember a guy named Soros who broke their bank? Do you really think their central bank have everything under control? I highly doubt it.
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