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Cable Update (GBPUSD)

  • #399,881
  • Sep 24, 2014 5:56am Sep 24, 2014 5:56am
Quoting IveGotQuads
{quote} Lmaooo it's ok buddy, I have to respect everybody's set-up. How are you by the way ?
ps looks like tight was right,,lol range for a while, i think before any big move out,,gl ,,scalp em
  • #399,882
  • Sep 24, 2014 6:01am Sep 24, 2014 6:01am
Quoting HDA
{quote} @The King Of Comedy You Kill Me I Swear HDA OUT
I especially like the built in sharpener.
Ghost Rider - WWTBMD?
  • #399,883
  • Sep 24, 2014 6:03am Sep 24, 2014 6:03am
Quoting elbert3
{quote} Morning Chris
Morning Billy. I posted to you before but I guess you missed it. It was very early at about 1:30am my time.
Ghost Rider - WWTBMD?
  • #399,884
  • Sep 24, 2014 6:13am Sep 24, 2014 6:13am
Quoting albchr
{quote} Morning Billy. I posted to you before but I guess you missed it. It was very early at about 1:30am my time.
Sorry just seen it now as i was roaming ,,lol your not sleeping again,,??? not good,gl B
  • #399,885
  • Sep 24, 2014 6:18am Sep 24, 2014 6:18am
Quoting albchr
{quote} Morning Billy. I posted to you before but I guess you missed it. It was very early at about 1:30am my time.
Chris-

I thought you said you were done with the Obama news thread?

I'm Walter by the way- nice to meet you.
  • #399,886
  • Sep 24, 2014 6:18am Sep 24, 2014 6:18am
Quoting elbert3
{quote} Sorry just seen it now as i was roaming ,,lol your not sleeping again,,??? not good,gl B
Midnight auto repair. Seems I can't get anything done during the day with all the phone calls, emails, texts and personal visits regarding selling the house.

One more all nighter and I might have it fixed. ....
Ghost Rider - WWTBMD?
  • #399,887
  • Sep 24, 2014 6:20am Sep 24, 2014 6:20am
Quoting Pharm0r
{quote} Chris- I thought you said you were done with the Obama news thread? I'm Walter by the way- nice to meet you.
Consequences of being a blabber board I guess.

Nice to meet you too Walter.
Ghost Rider - WWTBMD?
  • #399,888
  • Sep 24, 2014 6:25am Sep 24, 2014 6:25am
Quoting albchr
{quote} Consequences of being a blabber board I guess. Nice to meet you too Walter.
its going to be a nice day,,off to do some pool covering ,,summer over ,where does the time go to,,nov i would of been here 1 year,, omg..
  • #399,889
  • Sep 24, 2014 6:28am Sep 24, 2014 6:28am
Quoting Vic25
Firstly I would like to say hello to everyone, I am a complete newbie so I do apologise if my questions in the future will seem pretty stupid. Anyway the pound is currently sitting between 1.640-1.641, When it reaches the upper end of that bracket I am thinking for selling as over the past 3 days the pound hasnt gotten much higher than that and ends up falling at some point. What are your thought guys? Also I have not been using any technical analysis as im not really sure where to start I have just been trying to look around the news, one thing...
Hi Vic25 and welcome to the madhouse.
You'll soon find out who you should watch and who is talking bolleaux in here but, until you are one of the regular regulars and know everyone, they'll probably ignore you!
Personally, I think that, yes, it's not a bad idea to sell at that range - I just took a Sell at 6410 and am sitting in the green hoping that it'll go down to, at least, 6380.
With regard to the MBA thing, again yes, if the figures are good in theory the dollar should appreciate, driving the pound down . . . but it doesn't always work that way.
If yopu are a total Newbie, can I suggest that you go onto the Babypips.com site and work your way through their online education? I do it regularly 'cos I keep forgetting all the things I learnt last week and it really is a good way to kepp and remember your trading discipline.
Happy trading.
  • #399,890
  • Sep 24, 2014 6:32am Sep 24, 2014 6:32am
Looks like GBPUSD will be stuck in this range 1.6350 - 1.6415 until some news happens which doesn't look like until Carney speaks tomorrow.
  • #399,891
  • Sep 24, 2014 6:38am Sep 24, 2014 6:38am
Quoting elbert3
{quote} Just showing what i found,, i am not saying your wrong HDA i have respect for you and all here,,just sharing another opinion,, as we both say trade your own trades , i am just a fx prostitute,??? go any where were there is money .. best regards E ,,PS SO MUCH BETTER WITH A LITTLE COLOUR ,,
Hi billy,
I like it.........
  • #399,892
  • Sep 24, 2014 6:46am Sep 24, 2014 6:46am
Quoting elbert3
{quote} its going to be a nice day,,off to do some pool covering ,,summer over ,where does the time go to,,nov i would of been here 1 year,, omg..
It'll be nicer when G/Cad gets off it's butt and makes me some money. My pool is already covered. ... lol
Ghost Rider - WWTBMD?
  • #399,893
  • Sep 24, 2014 6:47am Sep 24, 2014 6:47am
Something of note- 4 more trading days left in the month, and on the monthly this is certainly looking like a resumption of bull trend.

6320 may be a good L for me
  • #399,894
  • Sep 24, 2014 6:47am Sep 24, 2014 6:47am
Quoting Red Alert
{quote} Hi billy, I like it.........
Just need the money today Red ,, i am back on the 5 min ,i was going to work in the garden but its pissing down so here i am,, it wants to go down but the trend on the 30 min is long,,so we are turning around slowly back short,,or it is now going to break 6414 ,,?
  • #399,895
  • Sep 24, 2014 6:49am Sep 24, 2014 6:49am
Quoting albchr
{quote} It'll be nicer when G/Cad gets off it's butt and makes me some money. My pool is already covered. ... lol
forgive me i know you dont like me asking this,,lol long or short,,,,,,,,,,,,,,,ar sorry
  • #399,896
  • Sep 24, 2014 6:53am Sep 24, 2014 6:53am
Obviously some supply in 1.640x-1.641x

It create higher high....
But USDX still showing solid, seems like wan't to fly again so, it will be a bad thing for GU bullish......

For longer term, I think personally bullish has better prospect, but if we want to get some quick cash.....buying at this level little bit risky....

USDX need corrrection anyway, look Weekly RSI, but as long as no solid reversal pattern, i assume USD still strong...

Personally I am bullish just enter 1.639x..... (small lot)

Good luck

Happy green for you...
  • #399,897
  • Sep 24, 2014 7:10am Sep 24, 2014 7:10am
Ok Traders, here we go

The test to breach the 1.1100 options barrier USD/CAD - is getting ready to start

If that barrier goes - GBP/CAD will be taking off

Let's See What Happens


HDA OUT
  • #399,898
  • Sep 24, 2014 7:16am Sep 24, 2014 7:16am
if gbp cad cuts through that consolidation ill eat my hat
this is sellers area
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD w1 (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #399,899
  • Sep 24, 2014 7:19am Sep 24, 2014 7:19am
Quoting Bones
if gbp cad cuts through that consolidation ill eat my hat this is sellers area {image}
Careful Tony. As IBB can tell you, I said that once. Thank goodness it was a straw hat. A bit dry but at least easier to digest. ....
Ghost Rider - WWTBMD?
  • #399,900
  • Sep 24, 2014 7:22am Sep 24, 2014 7:22am
Quoting elbert3
{quote} Just need the money today Red ,, i am back on the 5 min ,i was going to work in the garden but its pissing down so here i am,, it wants to go down but the trend on the 30 min is long,,so we are turning around slowly back short,,or it is now going to break 6414 ,,?
Come out to Los Angeles Hot shot ..
u know it never rains in southern california..
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