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Cable Update (GBPUSD)

  • #410,701
  • Mar 3, 2015 12:42am Mar 3, 2015 12:42am
Attached Image (click to enlarge)
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entry was 61% on the chart , i think 5313 would be the final long frontier, pmi coming need a good 64
  • #410,702
  • Mar 3, 2015 12:51am Mar 3, 2015 12:51am
Quoting hetfield
{quote} My expectation is that is below the current forecast 59.0 and thereby influence and strengthen further the selling force
Ok noted thanks.
I am not good at fundamental, too complicated for me.
  • #410,703
  • Mar 3, 2015 12:54am Mar 3, 2015 12:54am
PMI would be positive then expected.
  • #410,704
  • Mar 3, 2015 1:02am Mar 3, 2015 1:02am
Quoting Idkurv
{quote} Ok noted thanks. I am not good at fundamental, too complicated for me.
Me neither, but as the elbert3 said it takes a good number of pmi to force a rise in the pair, I think so too. But closely watching the movement I am subject to change position
  • #410,705
  • Mar 3, 2015 1:07am Mar 3, 2015 1:07am
Difficult to expect anything at the moment

We stay inside a structure.

The current candle is going to close negative, I have difficulty to expect a big down move....
Attached Image (click to enlarge)
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  • #410,706
  • Mar 3, 2015 1:07am Mar 3, 2015 1:07am
Maybe my goal is reached before the pmi
  • #410,707
  • Mar 3, 2015 1:09am Mar 3, 2015 1:09am
Quoting hetfield
{quote} Me neither, but as the elbert3 said it takes a good number of pmi to force a rise in the pair, I think so too. But closely watching the movement I am subject to change position
bad numbers then possible to hit the bottom line ,,
Attached Image (click to enlarge)
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  • #410,708
  • Mar 3, 2015 1:20am Mar 3, 2015 1:20am
The value is undefined at the moment ..... market this side .... seems to be waiting for the pmi to take direction
  • #410,709
  • Mar 3, 2015 1:29am Mar 3, 2015 1:29am
1 min to go and price stays above the 350 i think what ever long or short we will see a lot of pips from this news ,,gl
not 64 but green ,is it green for long thou .. 5610 ???? 5050 ???
  • #410,710
  • Mar 3, 2015 1:31am Mar 3, 2015 1:31am
Quoting Noob Trader
PMI would be positive then expected.
Construction PMI 60.1
  • #410,711
  • Mar 3, 2015 1:32am Mar 3, 2015 1:32am
Numbers better than anticipated, but no big move so far ...
Fix up, trade sharp ...
  • #410,712
  • Mar 3, 2015 1:33am Mar 3, 2015 1:33am
Reversal in direction, seemed so convinced the fall ... pmi higher than expected
  • #410,713
  • Mar 3, 2015 1:36am Mar 3, 2015 1:36am
Quoting Hickson
Numbers better than anticipated, but no big move so far ...
Morning H, if it goes high then test 5420 5450 5478 5500,
  • #410,714
  • Mar 3, 2015 1:36am Mar 3, 2015 1:36am
1.544 - 1.547 should be printed on screen.
  • #410,715
  • Mar 3, 2015 1:38am Mar 3, 2015 1:38am
Quoting elbert3
{quote} Morning H, if it goes high then test 5420 5450 5478 5500,
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 65 KB
will the line in blue hold , then 5350
  • #410,716
  • Mar 3, 2015 1:40am Mar 3, 2015 1:40am
Quoting mahooo
Try add long 1.5402
Add more long 1.5362
  • #410,717
  • Mar 3, 2015 1:40am Mar 3, 2015 1:40am
Good news and very small pop upwards. USD seems to be stronger. I locked my longs.
  • #410,718
  • Mar 3, 2015 1:41am Mar 3, 2015 1:41am
IMHO, Improved Construction PMI release from UK couldn't fuel the GBPUSD towards 1.5400 and the pair is likely heading towards 1.5330 re-test.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 32 KB
  • #410,719
  • Edited 1:59am Mar 3, 2015 1:41am | Edited 1:59am
Quoting Idkurv
{quote} Also SMA 50 Daily + SMA 800 30m + SMA400 H1 Imho gu standing at strong support. will need very strong sellers to break. I myself bullish bias. I entered long good r:r i think. dont follow me blindly. my 2 cents.
good pmi construction data.
will see.

Ok..pmi construction data did nothing ..
at least help defending support..
  • #410,720
  • Mar 3, 2015 1:43am Mar 3, 2015 1:43am
Quoting elbert3
{quote} {image} will the line in blue hold , then 5350
Hi e, i would like to see up to fill my orders in the mentioned region, then big DOWN lol ...
Fix up, trade sharp ...
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