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Cable Update (GBPUSD)

  • #403,341
  • Edited 2:53am Oct 17, 2014 2:36am | Edited 2:53am
Quoting Dr.Zain
{quote} Yes agreed!!! Chief Economist of the Bank of England, hinted the hike in the rate might be later than sooner and dropped GB about 50 pips. GBP is so volatile now a days?
Low rates for longer is the new mantra for central bankers. Expect similar comments from Fed officials going forward (like Bullard's yesterday) which should put pressure on the USD....
  • #403,342
  • Oct 17, 2014 2:43am Oct 17, 2014 2:43am
Quoting chazzle
GU M15 long scalp
done
Attached Image (click to enlarge)
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  • #403,343
  • Oct 17, 2014 3:07am Oct 17, 2014 3:07am
GU M15

reloading longs - 50 pip drop between Frankfurt and LO retraced = shake-out imo
Attached Image (click to enlarge)
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  • #403,344
  • Oct 17, 2014 3:27am Oct 17, 2014 3:27am
For next week
https://charts.mql5.com/5/975/gbpusd...nvestments.png
  • #403,345
  • Oct 17, 2014 3:34am Oct 17, 2014 3:34am
Quoting chazzle
GU M15 reloading longs - 50 pip drop between Frankfurt and LO retraced = shake-out imo {image}
Sorry to bother you a little, Im still new here.. what does shake-out mean?

Appreciate all the updates by you. Still much to learn here
  • #403,346
  • Oct 17, 2014 3:37am Oct 17, 2014 3:37am
Quoting chazzle
GU M15 reloading longs
Monday low holding ... for now at least
Attached Image (click to enlarge)
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  • #403,347
  • Oct 17, 2014 3:49am Oct 17, 2014 3:49am
Quoting sam69
{quote} 1.6219
GU long started...
Attached Image (click to enlarge)
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Money is made by sitting, not trading. Jesse L. Livermore
  • #403,348
  • Oct 17, 2014 3:58am Oct 17, 2014 3:58am
Quoting chazzle
GU M15 reloading longs - 50 pip drop between Frankfurt and LO retraced = shake-out imo
done
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 39 KB
  • #403,349
  • Oct 17, 2014 4:05am Oct 17, 2014 4:05am
16150 in sight if 16110 goes ...

GU M15
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  • #403,350
  • Oct 17, 2014 4:08am Oct 17, 2014 4:08am
could see 1.6124....
  • #403,351
  • Oct 17, 2014 4:12am Oct 17, 2014 4:12am
GU M15

reloading - for 110 rt or the break
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 32 KB
  • #403,352
  • Oct 17, 2014 4:24am Oct 17, 2014 4:24am
Quoting chazzle
GU M15 reloading - for 110 rt or the break
closes for a few ... switching to EU longs ...
  • #403,353
  • Oct 17, 2014 4:25am Oct 17, 2014 4:25am
Is anyone using ProRealtime?????
  • #403,354
  • Oct 17, 2014 4:38am Oct 17, 2014 4:38am
I was in the cable trade, as well I love Price Action!
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  • #403,355
  • Oct 17, 2014 4:38am Oct 17, 2014 4:38am
I have traded the bullish-engulfing on the 15M!
  • #403,356
  • Oct 17, 2014 5:29am Oct 17, 2014 5:29am
long 1.6093 , sl: 1.6049 , tp: 1.6163
Hear the music before the song is over ...
  • #403,357
  • Oct 17, 2014 5:31am Oct 17, 2014 5:31am
Quoting GlobalMacro
long 1.6093 , sl: 1.6049 , tp: 1.6163
Went long at 1.6089
Attached Image (click to enlarge)
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Enter Signature
  • #403,358
  • Oct 17, 2014 5:55am Oct 17, 2014 5:55am
Quoting darrenware
{quote} Went long at 1.6089 {image}
All we need now is a quick thrust up and we can call it a week.
Hear the music before the song is over ...
  • #403,359
  • Oct 17, 2014 5:59am Oct 17, 2014 5:59am
Quoting GlobalMacro
{quote} All we need now is a quick thrust up and we can call it a week.
Fingers crossed…it did not do anything i wanted it to do yesterday. Just could not read where it was heading.
Enter Signature
  • #403,360
  • Oct 17, 2014 6:01am Oct 17, 2014 6:01am
Quoting GlobalMacro
{quote} All we need now is a quick thrust up and we can call it a week.
upto 1.6081........
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