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Cable Update (GBPUSD)

  • #408,401
  • Feb 12, 2015 7:03am Feb 12, 2015 7:03am
Quoting danndc
{quote} what is your base of this calm down?
i mean.. we need to calm down dont take rush decision based on that news.. sell the high is wise choice atm based on tech n fundamental.. every fast move need to consolidation before take any move thats what i call pa calmdown other say consolidation
the true currencies here is patience and react precisely
  • #408,402
  • Feb 12, 2015 7:07am Feb 12, 2015 7:07am
Attached Image (click to enlarge)
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  • #408,403
  • Feb 12, 2015 7:16am Feb 12, 2015 7:16am
so bull signal with breaks 5200 & confirmed by 5318 start working , break & hold channel for the reverse try at least temporary . though it thought gpb as weakest currency but it gave signal at an earliest & so may be temporary , for next levels play 5484, 8840 & 5586.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #408,404
  • Feb 12, 2015 7:23am Feb 12, 2015 7:23am
Quoting Lacunoide
BoE willing to cut rates.... And why the GBP is rallying?....
Boe willing to cut rates or do moar qe.
Boe also say everything is cool and will hike rates in the near future.

They say everything, but really they say nothing.
But mostly, they (like every cb) say bullshit
  • #408,405
  • Feb 12, 2015 7:24am Feb 12, 2015 7:24am
Quoting Dano12
{image}
we had the touch down now put it at the feet for a field goal ,lol
  • #408,406
  • Feb 12, 2015 7:32am Feb 12, 2015 7:32am
Are we looking to test the 1.5500 resistance?
  • #408,407
  • Feb 12, 2015 7:44am Feb 12, 2015 7:44am
Hello

Wanted to post the 5 min scalp short. Already over.
Attached Image (click to enlarge)
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We Can
  • #408,408
  • Feb 12, 2015 7:44am Feb 12, 2015 7:44am
38 and short to 5320 sl to manage
  • #408,409
  • Feb 12, 2015 7:47am Feb 12, 2015 7:47am
Nice. Out.
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We Can
  • #408,410
  • Feb 12, 2015 7:51am Feb 12, 2015 7:51am
5 min still showing short scalp for 10 or 15.

Short again. Scalp.
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We Can
  • #408,411
  • Feb 12, 2015 8:15am Feb 12, 2015 8:15am
Quoting elbert3
38 and short to 5320 sl to manage
With you here.
Intraday only.
  • #408,412
  • Feb 12, 2015 8:20am Feb 12, 2015 8:20am
Quoting navk
{quote} With you here.
careful scalp mode only 52 /50 was res. now could be s/ i think 5400 might be pullback go long any time, charts messy still working of the last move so same chart
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  • #408,413
  • Feb 12, 2015 8:28am Feb 12, 2015 8:28am
Quoting Bren0001
Good morning, danndc, Please take this respectfully. Your understanding of fundamentals and news, and the implications of how that will affect an economy is amazing and outstanding. I enjoy reading the little articles that you inject into the cable thread. If price action responded to economic news and the implications espoused by those conditions, all economists would be traders. That is not the case. (Heck, most economists tell you there is a recession after it has been going on 2 years and the average Joe in the streets already knows that's there...
Respect
  • #408,414
  • Feb 12, 2015 8:29am Feb 12, 2015 8:29am
Quoting elbert3
{quote} careful scalp mode only 52 /50 was res. now could be s/ i think 5400 might be pullback go long any time, charts messy still working of the last move so same chart {image}
Agree with you, 1.5400 level may a level to short for today. 10 am NY time, can expect a bounce.
Intraday only.
  • #408,415
  • Feb 12, 2015 8:31am Feb 12, 2015 8:31am
Quoting elbert3
{quote} careful scalp mode only 52 /50 was res. now could be s/ i think 5400 might be pullback go long any time, charts messy still working of the last move so same chart {image}
time for another trade ..

like really quick lol
  • #408,416
  • Feb 12, 2015 8:36am Feb 12, 2015 8:36am
Attached Image (click to enlarge)
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  • #408,417
  • Feb 12, 2015 8:43am Feb 12, 2015 8:43am
Quoting Kajos2250
{quote} SL hit again in this zone, reopen and last try sl .5202 until Fakey long and IB BO are valid. Most interested price in this year was ~5166 by market profile, maybe must be touch for bulls to have better RR {image}
GU H8 GMT+2

Another nice bullish sign (engulfing marubozu) for bulls.
Last long got the BE too, and another buy limit placed .5287...

Good luck!
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Anything is math!
  • #408,418
  • Feb 12, 2015 8:58am Feb 12, 2015 8:58am
Quoting Spudforex
{quote} time for another trade .. like really quick lol
fingers ready ,, lol tea time now thou , chocy biccy too one thinks ,,like one .lol
  • #408,419
  • Feb 12, 2015 9:40am Feb 12, 2015 9:40am
Tp 1.535 hit.
Seek to reload long.
  • #408,420
  • Feb 12, 2015 9:40am Feb 12, 2015 9:40am
Attached Image (click to enlarge)
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watch now if ti bounces 32 was the target but lest see if confirm breakout or back under the line ,could test 530
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