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Cable Update (GBPUSD)

  • #408,161
  • Feb 10, 2015 11:33am Feb 10, 2015 11:33am
Quoting danndc
{quote} would you think it could go to 150 and breach the 152 tested today?
Cant say i just follow my system from buy to sell and vice versa
100 pips on nfp down
30 pips up on this move
and waiting for a sell which will then let me close this buy..

Perpetual motion lol ..
  • #408,162
  • Feb 10, 2015 11:42am Feb 10, 2015 11:42am
Quoting Spudforex
{quote} Cant say i just follow my system from buy to sell and vice versa 100 pips on nfp down 30 pips up on this move and waiting for a sell which will then let me close this buy.. Perpetual motion lol ..
what instruments and signals do you use?
  • #408,163
  • Feb 10, 2015 11:56am Feb 10, 2015 11:56am
Quoting danndc
{quote} what instruments and signals do you use?
CCI does it for me ..
and adx on a one hour chart take a signal and usually out of position but it comes back around ..
and so forth.. but it works for me
  • #408,164
  • Feb 10, 2015 12:52pm Feb 10, 2015 12:52pm
Quoting Spudforex
{quote} Cant say i just follow my system from buy to sell and vice versa 100 pips on nfp down 30 pips up on this move and waiting for a sell which will then let me close this buy.. Perpetual motion lol ..
Attached Image (click to enlarge)
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lets see where now,
  • #408,165
  • Feb 10, 2015 12:53pm Feb 10, 2015 12:53pm
Quoting danndc
{quote} what instruments and signals do you use?
hi are you still short sl 5480 ..
  • #408,166
  • Feb 10, 2015 12:54pm Feb 10, 2015 12:54pm
Quoting mrhb30jr
{quote} hi albert u r right man ... i c the failure candle on 1m tf and reverse my position entry.... long H1 IB break out... cheers {image} {image}
did you take the money or are you in longer ,,regards
  • #408,167
  • Feb 10, 2015 1:13pm Feb 10, 2015 1:13pm
Attached Image (click to enlarge)
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  • #408,168
  • Feb 10, 2015 1:25pm Feb 10, 2015 1:25pm
Quoting elbert3
{quote} hi are you still short sl 5480 ..
yes i am why? what do you think?
  • #408,169
  • Feb 10, 2015 1:33pm Feb 10, 2015 1:33pm
Quoting jasakreatif
{quote} near big range cycle {image}
Indeed Sir, indeed

Let's see
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #408,170
  • Feb 10, 2015 2:00pm Feb 10, 2015 2:00pm
Quoting danndc
{quote} yes i am why? what do you think?
for me now watch any bounce for a possible long but might go to the blue tl on the above chart, we did have a hard time getting over the past supports so watch,
  • #408,171
  • Feb 10, 2015 2:19pm Feb 10, 2015 2:19pm
Quoting elbert3
{quote} for me now watch any bounce for a possible long but might go to the blue tl on the above chart, we did have a hard time getting over the past supports so watch,
are you considering the BOE report? do you think it will not be very influence for this pair?
  • #408,172
  • Feb 10, 2015 2:23pm Feb 10, 2015 2:23pm
Quoting danndc
{quote} are you considering the BOE report? do you think it will not be very influence for this pair?
well if they say rate rise soon the yes,lol but i dont think that will be the case ,, be a none event,, do you read any fx sites
  • #408,173
  • Feb 10, 2015 2:23pm Feb 10, 2015 2:23pm
I think we could see this pair drop back down to .4700 in the near future
Good luck and may the odds be ever in your favor!
  • #408,174
  • Feb 10, 2015 2:30pm Feb 10, 2015 2:30pm
Quoting elbert3
{quote} well if they say rate rise soon the yes,lol but i dont think that will be the case ,, be a none event,, do you read any fx sites
do you think their have any possibility for down again to 1.52xx to day?before test 1.53xx
  • #408,175
  • Feb 10, 2015 2:32pm Feb 10, 2015 2:32pm
I have added third line in my chart. Is nice, but seems cracking. Running into close though, better wait tomorrow, is holliday in Japan.
Attached Image (click to enlarge)
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"I know one thing, that I know nothing." Sokrates
  • #408,176
  • Feb 10, 2015 2:33pm Feb 10, 2015 2:33pm
Quoting elbert3
{quote} well if they say rate rise soon the yes,lol but i dont think that will be the case ,, be a none event,, do you read any fx sites
i don't think if the delay the rate it will be a no event at all...

i think they can not say they are going to hike this year, inflation is going and will keep going down

i look at fxstreet.com and efnews.com

they all say to sell cable cause it formed a hl

http://www.fxstreet.com/news/forex-n...4-b6eb9622399b
  • #408,177
  • Feb 10, 2015 2:35pm Feb 10, 2015 2:35pm
Quoting dbutton1990
I think we could see this pair drop back down to .4700 in the near future
do you think it could break 1.5350 or not? or it will go straight down from where it is now?
  • #408,178
  • Feb 10, 2015 2:45pm Feb 10, 2015 2:45pm
http://forexlive.com/!/goldman-sachs...eport-20150210 we will see :nerd:
  • #408,179
  • Feb 10, 2015 2:59pm Feb 10, 2015 2:59pm
Quoting Dano12
http://forexlive.com/!/goldman-sachs...eport-20150210 we will see :nerd:
read carefully this

"We expect the Inflation Report to show inflation reaching the 2% target earlier than in the November projections, settling above 2% at the three-year horizon. While the weakness in projected near-term inflation would suggest that rate hikes are not imminent, a faster rebound in projected inflation to the 2% target may reconnect Sterling rates to domestic macro data, steepening the front-end of the yield curve as highlighted by our rates strategists,' GS adds.

no hike imminent will be very weak

"While we remain cautious on Cable given our conviction view for broad-based USD strength (we forecast 1.48 in 12 months), we continue to think that EURGBP downside remains one of the best expressions of a positive GBP view given the clear divergence in the macro outlook and monetary policy between the UK and the Euro area. We forecast EURGBP at 0.73 in 12 months, 0.70 at end-2016 and 0.65 at end-2017,"

note cautious on cable
  • #408,180
  • Feb 10, 2015 4:07pm Feb 10, 2015 4:07pm
Quoting danndc
{quote} read carefully this "We expect the Inflation Report to show inflation reaching the 2% target earlier than in the November projections, settling above 2% at the three-year horizon. While the weakness in projected near-term inflation would suggest that rate hikes are not imminent, a faster rebound in projected inflation to the 2% target may reconnect Sterling rates to domestic macro data, steepening the front-end of the yield curve as highlighted by our rates strategists,' GS adds. no hike imminent will be very weak "While we remain cautious...
life and times change,,what were they saying before the swiss opened the door and took out brokers,, ???? enough said ..regards if i tell you we will see 1.820 what would you say ?? night guys my trade is set ,,
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