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Cable Update (GBPUSD)

  • #405,381
  • Edited 4:01am Nov 19, 2014 3:49am | Edited 4:01am
Quoting tantra
{quote} very good double bottom , buy limit {image}
This was a fundamental move, the double bottom pattern was just a coincidence, especially on something as noisy as the 1hr 15m TF.
  • #405,382
  • Nov 19, 2014 3:51am Nov 19, 2014 3:51am
Quoting Greener
{quote} 156 is a fake one. It was broken a number of times already...I expect 15475 this week....a strong dollar for Christmas should not be surprising....this is probably going sub 1.5
Agree, it's a fakey. Good entries for sorts.
  • #405,383
  • Nov 19, 2014 4:00am Nov 19, 2014 4:00am
I suspect some buy stop orders might be present above 1.5680 which might be targeted from these levels. Probably, more interesting orders in terms of size above 1.5750 area, but I doubt that we will get to those before the FOMC, which by the way might spoil the party for the bulls if the minutes reveal the relatively hawkish stance from the last meeting....
  • #405,384
  • Nov 19, 2014 4:06am Nov 19, 2014 4:06am
Quoting DonaldPump
{quote} This was a fundamental move, the double bottom pattern was just a coincidence, especially on something as noisy as the 1hr 15m TF.
I just traded what I see there is no way to know what will be news!
  • #405,385
  • Nov 19, 2014 4:15am Nov 19, 2014 4:15am
Quoting elbert3
{quote} {image} you may,,lol gl

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH419NOV.png Size: 53 KB
  • #405,386
  • Nov 19, 2014 4:16am Nov 19, 2014 4:16am
Quoting Mr.C
{quote} TP @ 1,5770. End of story for me today. Will join you guys tomorrow. Good luck!
Hello everyone. What an unpleasant adventure with cable yesterday. -40 on this one. Looking at the PA now I might say that it simply wasn't the best choice when picking a pair to trade.

Anyways - best of luck to everyone hunting the pips today!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #405,387
  • Nov 19, 2014 4:18am Nov 19, 2014 4:18am
Quoting Greener
{quote} 156 is a fake one. It was broken a number of times already...I expect 15475 this week....a strong dollar for Christmas should not be surprising....this is probably going sub 1.5
Yes i know that's the fake one..
that's why i told ya, it's still need a one correction before it falls more..
And i still wait to that moment..
GTS V8 Return This Month: 2.8%
  • #405,388
  • Nov 19, 2014 4:55am Nov 19, 2014 4:55am
Seems like GJ is going to 186.70.....
  • #405,389
  • Nov 19, 2014 4:58am Nov 19, 2014 4:58am
Quoting cspip
Seems like GJ is going to 186.70.....
Sorry but why 186.70?
Thanks
Regards
  • #405,390
  • Nov 19, 2014 4:58am Nov 19, 2014 4:58am
Quoting cspip
If it goes down.......1.5588.........1.5560........1.5550/45 and if up then theres 1.5775........
Nice bounce of that level this morning........
  • #405,391
  • Nov 19, 2014 4:59am Nov 19, 2014 4:59am
Quoting cescof
{quote} Sorry but why 186.70? Thanks Regards
Sorry, meant 185.70........(for now.....)..........and GU to 1.5733........
  • #405,392
  • Nov 19, 2014 5:04am Nov 19, 2014 5:04am
this market is overcrowded. IMO, there will be (more) pips when snaps back into trend - may not be until after FOMC.
  • #405,393
  • Nov 19, 2014 5:52am Nov 19, 2014 5:52am
Long GBPUSD @ 1.5593
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 11-19-14.png Size: 167 KB
"W. D. Gann said that time is the most important factor among all things."
  • #405,394
  • Nov 19, 2014 5:56am Nov 19, 2014 5:56am
Quoting USDollar
Long GBPUSD @ 1.5593 {image}
nice.
  • #405,395
  • Nov 19, 2014 5:57am Nov 19, 2014 5:57am
Quoting Didgeridoo
{quote} nice.
cycle bottom is in,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 11-18-14.png Size: 200 KB
"W. D. Gann said that time is the most important factor among all things."
  • #405,396
  • Nov 19, 2014 6:06am Nov 19, 2014 6:06am
Quoting USDollar
Long GBPUSD @ 1.5593 {image}
What's your target if I may ask?
  • #405,397
  • Nov 19, 2014 6:08am Nov 19, 2014 6:08am
1.6300 by 1-2-15
"W. D. Gann said that time is the most important factor among all things."
  • #405,398
  • Nov 19, 2014 6:28am Nov 19, 2014 6:28am
Quoting USDollar
1.6300 by 1-2-15
great job sir
  • #405,399
  • Nov 19, 2014 6:30am Nov 19, 2014 6:30am
Good morning pip pickers... it took a while but we got there... still holding on longs.... bag some shorts this morning...

Quoting YardiFX
good afternoon pip pickers...just woke up to my nice little over the weekend spike, just for it to fall like a drunk northerner. I am however looking for it to crawl up to 1.5686 and beyond...but first a little more tester to the down side.... from a yardi on a Tunisian beach...
Peace & Pips
  • #405,400
  • Nov 19, 2014 6:53am Nov 19, 2014 6:53am
Quoting DailyChart
{quote} keep holding
still holding short
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