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Cable Update (GBPUSD)

  • #397,881
  • Sep 10, 2014 10:12am Sep 10, 2014 10:12am
Quoting ez0770
{quote} I think the probability of price rebalancing and filling the gap 1 week ahead of the referendum is relatively low unless there is a substantial trigger event that would skew the probability in favour of a NO result in a meaningful way. We could see some aggressive short covering leading right into the referendum as well, as people might choose not risk gambling their profits away. After the referendum if the NO camp wins, then I would expect gap to be filled very quickly and cable to move back to 1.66 area within 1-2 days. If the YES camp...
Two separate polls putting the NO camp ahead, one of them at least was rumoured to give the lead to the YES camp. Still a very close call and the uncertainty before the 18th remains, but let's see if the market puts enough weight to this event to build up momentum to close the gap. First short term resistance area at 1.6190 has held so far. Watching 16230-35 area next if we break above.....
  • #397,882
  • Sep 10, 2014 10:15am Sep 10, 2014 10:15am
Sell order just filled at 1.618 TP at 1.6070 , just above Fib S1
  • #397,883
  • Sep 10, 2014 10:20am Sep 10, 2014 10:20am
Quoting cspip
{quote} Bounced on 84, then drop a little and now another bounce on 84...........maybe now it can go to 1.6161 and 92, if not more
Finally............

.......and now 1.6202 ?
  • #397,884
  • Sep 10, 2014 10:27am Sep 10, 2014 10:27am
Quoting milano
{quote} If you have good information you can help the new users like me say it, if not keep your words for yourself.
I just did!

All I said was - read and learn which you will need, even before you can ask a reasonable question, so that the answer can be any GOOD INFORMATION to you!

It's like, explaining the inner workings of a helicopter while you can't differentiate between a bicycle to a truck.

So yes, I do have good information, but, as I keep pointing AGAIN and AGAIN.

If the WikiPedia.com servers, set on your face, you couldn't see any good information.

Enough with this - I want all the info but don't understand at all.

Wishing you the best luck for the rest of your daily life...
If you know how to trade, you don't need to sell any services!!!
  • #397,885
  • Sep 10, 2014 10:27am Sep 10, 2014 10:27am
Quoting ill_be_back
{quote} Dint even let me finish typing
Next could be 1.6278...........with a blockage of some sort at 1.6246..............
  • #397,886
  • Sep 10, 2014 10:31am Sep 10, 2014 10:31am
Must i pull out the "HDA"-
"GLOSS"...

"It will Defy ALL Logic!'!
I will work to Objectively Identify my Edges
  • #397,887
  • Sep 10, 2014 10:34am Sep 10, 2014 10:34am
Quoting cspip
{quote} Next could be 1.6278...........with a blockage of some sort at 1.6246..............
Now that it made a new HIGH & I was Wrong, Need to get OUT of My SHORT then Reevaluate

Overall still positive My EU short still GREEN
A good trader follows his rules, but great trader knows when to break them
  • #397,888
  • Sep 10, 2014 10:37am Sep 10, 2014 10:37am
Quoting Brotyboy
{quote} Since you are obviously not based in Scotland there is some excuse for your lack of awareness. My original post on this subject included a link to the Wee Blue Book. Here it is again as an attachment. Please read it. When you have finished it I would recommend you read Jim Sillars' book, 'In Place of Fear II' and 'Common Weal' from the Jimmy Reid Foundation. Alternatively you could read the Scottish Government's White Paper at; http://scotgov.publishingthefuture.i...otlands-future Even if you choose not to read...
All about the oil........

And what if the oil had not been found yet ? Or there was none? Or it was like 5 years away from drying up? (It will dry up sooner than later.......but thats something the future generation can sort out, lets party for now...)
  • #397,889
  • Sep 10, 2014 10:43am Sep 10, 2014 10:43am
exceed expectations ,, 1.6202 then the gap
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 73 KB
  • #397,890
  • Sep 10, 2014 10:45am Sep 10, 2014 10:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 56 KB
  • #397,891
  • Sep 10, 2014 10:49am Sep 10, 2014 10:49am
GBPUSD has a surprise for you

TASHKENT IS OUT
As Above, So Below
  • #397,892
  • Sep 10, 2014 10:57am Sep 10, 2014 10:57am
This Puppy was breaking "Pennants",
To the South, Turning them into "Flags",
-Then "Bursting" to the Upside, each time.

Just My Observation...

I really didn't like the weakness of it,
-Then came the Bond Boy's "Action".

Here come the 'Next', "Run @the 'Windmill'",
@Least maybe for a 'Test' of the 'High'...
Not sure if the "Gap Filler's" are gonna get pleased,
-or not.
Here's what has been broken, on it's advance back:

Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 9_10_2014 GBP_USD Pennants_n_Flags Broken North All Day long towards Gap.png Size: 43 KB
I will work to Objectively Identify my Edges
  • #397,893
  • Sep 10, 2014 10:58am Sep 10, 2014 10:58am
Getting ready for dump. Fasten your seat belts. New low is coming by friday
  • #397,894
  • Sep 10, 2014 11:06am Sep 10, 2014 11:06am
Last one to 1.6234's a "Rotten Egg" !
I will work to Objectively Identify my Edges
  • #397,895
  • Sep 10, 2014 11:08am Sep 10, 2014 11:08am
Quoting GlobalMacro
Entering stop buy order to open a position: stop buy order @ 1.6202 if filled : t/p : open s/l : 1.6140 Cable now trading 1.6170
Order filled -->

long @ 1.6202

t/p : open

s/l : 1.6140
Hear the music before the song is over ...
  • #397,896
  • Sep 10, 2014 11:10am Sep 10, 2014 11:10am
May be shorting this before the gap...

S 6218 giving 11
  • #397,897
  • Sep 10, 2014 11:11am Sep 10, 2014 11:11am
Navin, "Baby",
'Train's a Callin'...

Where are you my Friend!
"All Aboard"! !
I will work to Objectively Identify my Edges
  • #397,898
  • Sep 10, 2014 11:11am Sep 10, 2014 11:11am
aaahhhhhhhhhhh
  • #397,899
  • Sep 10, 2014 11:12am Sep 10, 2014 11:12am
Now GU Bulls are pushing their way up , where there is light for 'No' vote , there is room for Bulls in the train .
Get Rich or Die Tryin
  • #397,900
  • Sep 10, 2014 11:16am Sep 10, 2014 11:16am
Quoting GlobalMacro
{quote} Order filled --> long @ 1.6202 t/p : open s/l : 1.6140
Setting t/p @ 1.6264

-->
long @ 1.6202

s/l : 1.6140

t/p : 1.6264
Hear the music before the song is over ...
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