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Cable Update (GBPUSD)

  • #409,161
  • Feb 18, 2015 10:06am Feb 18, 2015 10:06am
Quoting GrowthHack
this is finding a better place before london close to stay until FOMC
hold it...
  • #409,162
  • Feb 18, 2015 10:08am Feb 18, 2015 10:08am
Quoting kk300
{quote} hold it...
can you tell me your ideas? i can't understand what you are trading! just to understand if you stay in the same side
  • #409,163
  • Feb 18, 2015 10:12am Feb 18, 2015 10:12am
Quoting kk300
{quote} hold it...
do you think that bulls shot their last bullet?
  • #409,164
  • Feb 18, 2015 10:20am Feb 18, 2015 10:20am
hmmmm 154 200
now that is looking very interesting ...
  • #409,165
  • Feb 18, 2015 10:23am Feb 18, 2015 10:23am
Quoting Spudforex
hmmmm 154 200 now that is looking very interesting ...
what for?
  • #409,166
  • Feb 18, 2015 10:25am Feb 18, 2015 10:25am
retailers will be punished as always.
  • #409,167
  • Feb 18, 2015 10:29am Feb 18, 2015 10:29am
Quoting danndc
{quote} what for?
SUPPORT ..
  • #409,168
  • Feb 18, 2015 10:30am Feb 18, 2015 10:30am
Quoting Noob Trader
retailers will be punished as always.
do you think it will go up or down?
  • #409,169
  • Feb 18, 2015 10:41am Feb 18, 2015 10:41am
Quoting kk300
{quote} hold it...
your opinion?
  • #409,170
  • Feb 18, 2015 10:42am Feb 18, 2015 10:42am
Quoting danndc
{quote} do you think it will go up or down?
FOMC minutes will suggest interest hike sooner than expected. It would have negative impact on non $ currency. I am noob so not have much knowledge.
  • #409,171
  • Feb 18, 2015 10:46am Feb 18, 2015 10:46am
What is the expectation of FOMC ?
  • #409,172
  • Feb 18, 2015 10:51am Feb 18, 2015 10:51am
Quoting Kajos2250
{quote} GU H8 GMT+2 out of sellers Another closer buy limit .5368 for the next candle... Good luck! {image}
GU H8 GMT+2

Last one stopped, reopened a little bit lower in the pin.
Previous bullish marubozu ask me to place another buy limit .5403, some longs wil be booked at ~5500

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH8.png Size: 40 KB
Anything is math!
  • #409,173
  • Feb 18, 2015 11:05am Feb 18, 2015 11:05am
if 1.5415 is broken and sustain then real drama ahead.
  • #409,174
  • Feb 18, 2015 11:07am Feb 18, 2015 11:07am
Quoting Noob Trader
if 1.5415 is broken and sustain then real drama ahead.
do you mean a reversal? DO YOU THINK AT THE END OF CORRECTIVE UPTREND?
  • #409,175
  • Feb 18, 2015 11:12am Feb 18, 2015 11:12am
Blame BoE's McAfferty. Says that IR should remain low for longer. No IR changes until elections.
  • #409,176
  • Feb 18, 2015 11:12am Feb 18, 2015 11:12am
Quoting danndc
{quote} do you mean a reversal? DO YOU THINK AT THE END OF CORRECTIVE UPTREND?
Simple YES.
  • #409,177
  • Feb 18, 2015 11:23am Feb 18, 2015 11:23am
Quoting danndc
{quote} do you mean a reversal? DO YOU THINK AT THE END OF CORRECTIVE UPTREND?
Never forget, trends will be held until the conditions are valid!!! HH,HL,HH,HL...
Anything is math!
  • #409,178
  • Feb 18, 2015 11:25am Feb 18, 2015 11:25am
Quoting danndc
{quote} can you tell me your ideas? i can't understand what you are trading! just to understand if you stay in the same side
im holding a sell... from 5296... still thinking of bearish trend... reversal not confirmed according to my analysis...
  • #409,179
  • Feb 18, 2015 11:40am Feb 18, 2015 11:40am
It has been bouncing from 1.5415-20, but EURO is clearly a sell, any bad outcome will push it below recent low... if Euro gets below low, then i don't see reason for cable to jump without news, it will sail with EUR.
  • #409,180
  • Feb 18, 2015 11:45am Feb 18, 2015 11:45am
Quoting Noob Trader
It has been bouncing from 1.5415-20, but EURO is clearly a sell, any bad outcome will push it below recent low... if Euro gets below low, then i don't see reason for cable to jump without news, it will sail with EUR.
What do you think about EURGBP?
Anything is math!
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