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Cable Update (GBPUSD)

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  • Post #405,321
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  • Nov 17, 2014 8:13pm Nov 17, 2014 8:13pm
  •  kolor ijo
  • | Joined Sep 2013 | Status: Member | 11 Posts
Quoting Spartanholds
Disliked
{quote} would you care to elaborate???
Ignored
if gu still breaklow there will be a major reversal, but if gu break yesterday high then there will be a reversal and continued the trend
 
 
  • Post #405,322
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  • Nov 18, 2014 12:18am Nov 18, 2014 12:18am
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
GBP such a shit pair to trade.
All posts are my personal opinion
 
 
  • Post #405,323
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  • Nov 18, 2014 12:41am Nov 18, 2014 12:41am
  •  eliteincome
  • Joined Aug 2011 | Status: Member | 2,640 Posts
Quoting Rtm
Disliked
GBP such a shit pair to trade.
Ignored
Gidday RTM


Thought we would see a bounce

Been a one way trip so have

In a couple shorts 1.56 etc
 
 
  • Post #405,324
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  • Nov 18, 2014 3:24am Nov 18, 2014 3:24am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,747 Posts | Online Now
L ong GC
Intraday only.
 
 
  • Post #405,325
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  • Nov 18, 2014 4:11am Nov 18, 2014 4:11am
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
Quoting eliteincome
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{quote} Gidday RTM Thought we would see a bounce Been a one way trip so have In a couple shorts 1.56 etc
Ignored
Now we got some attention! Gidday sir, yes nicely done! What was this big move all of a sudden right before RBA Stevens?!!??! GBP dropping like a stone on nothing. DAMN
All posts are my personal opinion
 
 
  • Post #405,326
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  • Nov 18, 2014 4:37am Nov 18, 2014 4:37am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,747 Posts | Online Now
Quoting navk
Disliked
L ong GC
Ignored
Closed ++
Intraday only.
 
 
  • Post #405,327
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  • Nov 18, 2014 4:38am Nov 18, 2014 4:38am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,747 Posts | Online Now
Quoting navk
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Long GA
Ignored
Closed long ago ++
Intraday only.
 
 
  • Post #405,328
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  • Nov 18, 2014 5:02am Nov 18, 2014 5:02am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
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long time now in consolidation waiting big move maybe ???
 
 
  • Post #405,329
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  • Nov 18, 2014 5:08am Nov 18, 2014 5:08am
  •  Mr.C
  • Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Good day everyone. Added a GBP/USD short to my portfolio. Entry @ 1,5643, SL @ 1,5683.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
 
 
  • Post #405,330
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  • Nov 18, 2014 5:54am Nov 18, 2014 5:54am
  •  wasabeclaw
  • | Joined Dec 2008 | Status: Member | 108 Posts
I want to get in at 15700
 
 
  • Post #405,331
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  • Nov 18, 2014 9:31am Nov 18, 2014 9:31am
  •  USDollar
  • Joined Sep 2013 | Status: Member | 2,999 Posts
GBPUSD just hit the bottom, looking for a change in trend in the next few days
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"W. D. Gann said that time is the most important factor among all things."
 
 
  • Post #405,332
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  • Nov 18, 2014 9:42am Nov 18, 2014 9:42am
  •  Mr.C
  • Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Quoting Mr.C
Disliked
Good day everyone. Added a GBP/USD short to my portfolio. Entry @ 1,5643, SL @ 1,5683.
Ignored
Closed my today's cable sell for -13 pips & reversed to buy from 1,5653 with SL @ 1,5613.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
 
 
  • Post #405,333
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  • Nov 18, 2014 10:04am Nov 18, 2014 10:04am
  •  Greener
  • | Joined Jan 2010 | Status: Member | 1,638 Posts
Quoting Mr.C
Disliked
{quote} Closed my today's cable sell for -13 pips & reversed to buy from 1,5653 with SL @ 1,5613.
Ignored
still short
 
 
  • Post #405,334
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  • Nov 18, 2014 10:07am Nov 18, 2014 10:07am
  •  Rtm
  • Joined Jan 2011 | Status: dump and pump | 4,055 Posts
Say aye if you think GBP is pricing in the dovish monetary policy implications and negative growth forecast. Watch tomorrow will say something bearish and GBP will rally!
All posts are my personal opinion
 
 
  • Post #405,335
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  • Nov 18, 2014 10:08am Nov 18, 2014 10:08am
  •  timos
  • Joined Sep 2012 | Status: Member | 1,056 Posts
Quoting USDollar
Disliked
GBPUSD just hit the bottom, looking for a change in trend in the next few days {image}
Ignored
How do you know that?
 
 
  • Post #405,336
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  • Nov 18, 2014 10:14am Nov 18, 2014 10:14am
  •  Mr.C
  • Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Quoting Greener
Disliked
{quote} still short
Ignored
Cat and mouse game with cable today. But I can see clear targets above @ ~1,5770 and even higher, that were missed by me when entered the previous time.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
 
 
  • Post #405,337
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  • Nov 18, 2014 10:17am Nov 18, 2014 10:17am
  •  Greener
  • | Joined Jan 2010 | Status: Member | 1,638 Posts
Quoting Rtm
Disliked
Say aye if you think GBP is pricing in the dovish monetary policy implications and negative growth forecast. Watch tomorrow will say something bearish and GBP will rally!
Ignored
still heavy and margin for further downside still there...add to that all the new longs and you know what is going to happen
 
 
  • Post #405,338
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  • Nov 18, 2014 10:19am Nov 18, 2014 10:19am
  •  Mr.C
  • Joined Sep 2009 | Status: From Timex to Rolex via Forex | 3,398 Posts
Quoting Mr.C
Disliked
{quote} ..buy from 1,5653 with SL @ 1,5613.
Ignored
TP @ 1,5770. End of story for me today. Will join you guys tomorrow. Good luck!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
 
 
  • Post #405,339
  • Quote
  • Nov 18, 2014 10:20am Nov 18, 2014 10:20am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,961 Posts
there are going to be enough bids from hereon. so be careful while shorting. you can easily get trapped for 2-3 months. 1.58-1.60 is possible before next leg down.
 
 
  • Post #405,340
  • Quote
  • Nov 18, 2014 10:28am Nov 18, 2014 10:28am
  •  giveachance
  • Joined Jun 2013 | Status: Trader by hobby not by profession | 5,961 Posts
1.5972 is the target which comes immediately assuming 1.5630 is the bottom. there are 2 things against further downtrend now.

1. GBP is actually quite heavy on shorts and the move has come quite sharply from 1.62 till here.
2. seasonality favours GBP buying
 
 
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