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Cable Update (GBPUSD)

  • #399,141
  • Sep 18, 2014 4:58pm Sep 18, 2014 4:58pm
Quoting YardiFX
{quote} Ahhh the virtues of text.... what I meant I thought you be glued to the news to see what's happening... my misunderstanding
LOL ... No worries. I wish I could be glued to my charts like usual. But the house first. The good news I think I'll get my second offer from these folks.


Quoting chazzle
{quote} vote counting going for hours - smaller places which are predicted to vote yes release the results for their area first - so i read anyway
Thanks Chazzle. That's what I was expecting. No real results until around London open (give or take) or so. Didn't think about the smaller places.
Ghost Rider - WWTBMD?
  • #399,142
  • Sep 18, 2014 4:59pm Sep 18, 2014 4:59pm
YouGov poll saying No's will win by 54%........causing up movement........(the same pollsters that had Yes winning and causing the 150 pip drop on the weekend)
  • #399,143
  • Sep 18, 2014 4:59pm Sep 18, 2014 4:59pm
Quoting elbert3
{quote} you cant go now,,,,
I have to watch myself. When I'm tired first sign of movement and I start doing silly things. I remember staying up trading the impact of the Obama win, and thorughly screwed it up. I went the right way, too early had my stop hit, tried to recover it and got whip sawed all over the place. That tired night cost me alot.

I'm in long, planning to add, if it goes that way, but need to be careful and not throw on trades with every vote count of the Outer Hebredes that's anounced.
  • #399,144
  • Sep 18, 2014 5:02pm Sep 18, 2014 5:02pm
back in the upward channel lets see where this goes...
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  • #399,145
  • Sep 18, 2014 5:06pm Sep 18, 2014 5:06pm
1.6475 and 1.6520 / 30 still to do
  • #399,146
  • Sep 18, 2014 5:08pm Sep 18, 2014 5:08pm
Quoting thegmann
http://yougov.co.uk/news/2014/09/18/...um-prediction/ interesting could help explain spike.
2600 is a very small sample for a poll exit study.
Don't be smart. Be rich.
  • #399,147
  • Sep 18, 2014 5:11pm Sep 18, 2014 5:11pm
Quoting chazzle
shorting this nice m5 pin at weekly level GU M5 W1 {image} {image}
adding
  • #399,148
  • Sep 18, 2014 5:11pm Sep 18, 2014 5:11pm
Quoting maximinus
{quote} 2600 is a very small sample for a poll exit study.
tell that to the markets when they dropped it from 1.64 to 1.60 on the whim of a slight 51-49 yes poll...oh wait...

Not saying its a significant sample at all but stupid stuff like this that moves the markets
  • #399,149
  • Sep 18, 2014 5:16pm Sep 18, 2014 5:16pm
1.64647...next level im watching

but it wont come until after this voting nonsense, NO vote of course YES vote = no wayyyy
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  • #399,150
  • Sep 18, 2014 5:18pm Sep 18, 2014 5:18pm
Quoting GlobalMacro
{quote} Raising T/P to 1.6700 temporarily in case of a spike ... ---> long @ 1.6360 sl: 1.6279 tp : 1.6700
Can't get any better than this...
High 1.6459 position up +100 pips so far.

Will leave T/P up @ 1.6700 for now

BBL @LDN
Hear the music before the song is over ...
  • #399,151
  • Sep 18, 2014 5:22pm Sep 18, 2014 5:22pm
Quoting thegmann
{quote} tell that to the markets when they dropped it from 1.64 to 1.60 on the whim of a slight 51-49 yes poll...oh wait... Not saying its a significant sample at all but stupid stuff like this that moves the markets
Agree with the stupid stuffs moving the market. But there is a major difference , the 51/49 was not an exit poll result (so 1800 is a normal sample) and that was the first result with a Yes winning.

Today is different. Banksters will not wait for the official results to take position. But unfortunately the move we saw after de daily roll could as well be a pump before a drop or a clear sign that the No leads.

GL for those with an open position.
Don't be smart. Be rich.
  • #399,152
  • Sep 18, 2014 5:23pm Sep 18, 2014 5:23pm
Yougov chief sees 99% chance of `no' winning:bbg
  • #399,153
  • Sep 18, 2014 5:23pm Sep 18, 2014 5:23pm
Quoting hollowhead
{quote} I have to watch myself. When I'm tired first sign of movement and I start doing silly things. I remember staying up trading the impact of the Obama win, and thorughly screwed it up. I went the right way, too early had my stop hit, tried to recover it and got whip sawed all over the place. That tired night cost me alot. I'm in long, planning to add, if it goes that way, but need to be careful and not throw on trades with every vote count of the Outer Hebredes that's anounced.
yes your right we should heeeeeeed them words,,tomorrow is another day, this is gamble territory ..buddy either way B
  • #399,154
  • Sep 18, 2014 5:28pm Sep 18, 2014 5:28pm
Quoting Dano12
Yougov chief sees 99% chance of `no' winning:bbg
If the No wins, you'll have more and more leaks. And the opposite if Yes wins.
Don't be smart. Be rich.
  • #399,155
  • Sep 18, 2014 5:28pm Sep 18, 2014 5:28pm
Quoting maximinus
{quote} Agree with the stupid stuffs moving the market. But there is a major difference , the 51/49 was not an exit poll result (so 1800 is a normal sample) and that was the first result with a Yes winning. Today is different. Banksters will not wait for the official results to take position. But unfortunately the move we saw after de daily roll could as well be a pump before a drop or a clear sign that the No leads. GL for those with an open position.
I agree it definitely warranted bigger response due to uncertainty at the time and the reality that YES could in fact stand a chance but I was just using it as a similar concept lol. And I'm long from 1.62670 about as perfect of a long setup as I could have dreamed of holding on till the end
  • #399,156
  • Sep 18, 2014 5:33pm Sep 18, 2014 5:33pm
Quoting thegmann
{quote} I agree it definitely warranted bigger response due to uncertainty at the time and the reality that YES could in fact stand a chance but I was just using it as a similar concept lol. And I'm long from 1.62670 about as perfect of a long setup as I could have dreamed of holding on till the end
Well done, you have a good buffer. I'm flat and my trading pc is shut down. I disconnected everything
Don't be smart. Be rich.
  • #399,157
  • Sep 18, 2014 5:37pm Sep 18, 2014 5:37pm
Im feeling another consolidation phase and then another big move up as more news trickles out of a NO vote winning (although I could be completely shutdown if YES vote news start trickling )
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  • #399,158
  • Sep 18, 2014 5:38pm Sep 18, 2014 5:38pm
Quoting hoom
entering a position on cable at the moment using SL is a bad idea especially if you're not scalping . a yes vote could make 6408 a medium [long] term TOP in place and 6000 is due to be next goal in a very short term . in the other hand market seems to be pricing in a "no" vote but we reached a critical zone where bears and bulls might freeze things til the final vote comes in .
Quote
what we see now is that some traders are taking the "no" vote for sure and eager to buy any dip , 1.6500/1.6525 are in sight for any rally .

I would love to see the raction upon a "yes" vote at these levels , but that's impossible for me at least .
Get Rich or Die Tryin
  • #399,159
  • Sep 18, 2014 5:40pm Sep 18, 2014 5:40pm
next breakout retest coming perhaps on a no vote. Maybe up to 1.66?
After that?...
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Come with me if you want to live....
  • #399,160
  • Sep 18, 2014 5:46pm Sep 18, 2014 5:46pm
Copy of the mail that my broker sent one hour ago.

Forex Client:

Please be advised we expect there to be periods of extreme volatility in the Forex markets today and tomorrow as poll results for Scotland's independence referendum are made public. Use extra caution trading all EUR and GBP pairs. It is estimated that regional results could start being released as early as 8:00pm ET on Thursday (9/18).
Don't be smart. Be rich.
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