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Cable Update (GBPUSD)

  • #405,621
  • Dec 1, 2014 7:12am Dec 1, 2014 7:12am
Quoting GlobalMacro
{quote} Good one. I TPed @ 1.5727 as well.
Re-entering @ 1.5712
Hear the music before the song is over ...
  • #405,622
  • Dec 1, 2014 7:26am Dec 1, 2014 7:26am
GU TP 1.5860/900 GOD BLESS ALL TRADERS
  • #405,623
  • Dec 1, 2014 7:36am Dec 1, 2014 7:36am
Quoting Barca
GU TP 1.5860/900 GOD BLESS ALL TRADERS
Next entry above weekly R1 pt. at R2 .. BUt im careful because the data at 16:00
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  • #405,624
  • Dec 1, 2014 8:11am Dec 1, 2014 8:11am
Quoting GlobalMacro
{quote} Re-entering @ 1.5712
good one in a pip more ,,gl taking a chance pp on 33 that's another plus 20 pips add over the 46 and sl on the same 33 give 2 free trades
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  • #405,625
  • Dec 1, 2014 8:35am Dec 1, 2014 8:35am
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took a small long in this add if it breaks ,,if it is of interest hope it wil get to 2000
  • #405,626
  • Dec 1, 2014 8:41am Dec 1, 2014 8:41am
Quoting GlobalMacro
{quote} Re-entering @ 1.5712
Out here @ 1.5753 for +41 pips.
Position flat.
Hear the music before the song is over ...
  • #405,627
  • Dec 1, 2014 9:14am Dec 1, 2014 9:14am
Quoting GlobalMacro
{quote} Out here @ 1.5753 for +41 pips. Position flat.
i come off 5748 but it looks a little strange ,,so buy order on 5760 for now ,and might add lower might see 5715 scalping is worth a try here sl on 42 small money for direction ???
  • #405,628
  • Dec 1, 2014 9:25am Dec 1, 2014 9:25am
Quoting elbert3
{quote} i come off 5748 but it looks a little strange ,,so buy order on 5760 for now ,and might add lower might see 5715 scalping is worth a try here sl on 42 small money for direction ???
u bought 5760?
Hero calls followed by margin calls...
  • #405,629
  • Dec 1, 2014 9:33am Dec 1, 2014 9:33am
Quoting PhAnTi'
{quote} u bought 5760?
no order on
  • #405,630
  • Dec 1, 2014 9:46am Dec 1, 2014 9:46am
reload orders 5710 on retest of previous highs
  • #405,631
  • Dec 1, 2014 10:17am Dec 1, 2014 10:17am
Quoting elbert3
{quote} i come off 5748 but it looks a little strange ,,so buy order on 5760 for now ,and might add lower might see 5715 scalping is worth a try here sl on 42 small money for direction ???
e sold and long sl no 09 add higher if possible order on ,,going off ,
  • #405,632
  • Dec 1, 2014 10:49am Dec 1, 2014 10:49am
Quoting elbert3
{quote} i come off 5748 but it looks a little strange ,,so buy order on 5760 for now ,and might add lower might see 5715 scalping is worth a try here sl on 42 small money for direction ???
1.5640-1.5760 was a straightforward bullish move today and the gist of it is done and dusted. I'm not taking any more positions for the rest of the day.
Hear the music before the song is over ...
  • #405,633
  • Dec 1, 2014 11:24am Dec 1, 2014 11:24am
Haha just call me Nostradamus, missed by one pip but that's quite good...will re-test...now looking to test 5825...
Quoting YardiFX
It's not over yet folks... Looking to hit at least 5584...
Peace & Pips
  • #405,634
  • Dec 1, 2014 12:32pm Dec 1, 2014 12:32pm
Hi All

1st post as a new trader.

I've been scanning the financial calendars and news but cant find an explanation for the sudden strength of GBP against USD this morning. Any help or direction would be most appreciated.

Many thanks
  • #405,635
  • Dec 1, 2014 1:21pm Dec 1, 2014 1:21pm
Did you look at pmi today ?just wondering your time zone is uk but your 5 hours off ,you might need to set time zone ,

9:30amGBPManufacturing PMI53.553.153.3

Quoting MarkyB
Hi All 1st post as a new trader. I've been scanning the financial calendars and news but cant find an explanation for the sudden strength of GBP against USD this morning. Any help or direction would be most appreciated. Many thanks
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #405,636
  • Dec 1, 2014 1:23pm Dec 1, 2014 1:23pm
My view remains the same till end of week ,consolidation zone until break,
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #405,637
  • Dec 1, 2014 4:45pm Dec 1, 2014 4:45pm
Big Boys are building there long base position

long from 1.5611 bear trap got a few trader today
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"W. D. Gann said that time is the most important factor among all things."
  • #405,638
  • Dec 1, 2014 5:03pm Dec 1, 2014 5:03pm
Maybe, but they have a target.
do you have one?

Trade safe guys.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #405,639
  • Dec 2, 2014 1:20am Dec 2, 2014 1:20am
Looks like we are going down.....
  • #405,640
  • Dec 2, 2014 2:23am Dec 2, 2014 2:23am
Morgan Stanley enters GBPUSD Short from 1.567, with a target at 1.53 and a stop at 1.576.
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