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Cable Update (GBPUSD)

  • #413,061
  • Apr 8, 2015 7:02am Apr 8, 2015 7:02am
Quoting openyoureyes
1.4970x seems to hold. who agress? edit: 5min-bulltrap?
Cap at 1.513... in a couple of hours?
  • #413,062
  • Apr 8, 2015 7:06am Apr 8, 2015 7:06am
Quoting elbert3
{quote} heads or tails,, were you going long short,, ??
Well if it goes higher then it is now then placing a sell
150 seems a pretty awesome number and its been a good up today ..
so lets hit 150 then sell ..
150 plus some change of course as they have to take those stops out too right
  • #413,063
  • Apr 8, 2015 7:11am Apr 8, 2015 7:11am
Attached Image (click to enlarge)
Click to Enlarge Name: 1b.png Size: 68 KB
57 no close , watch for any spike down as 4 hour emas look long again but flat
  • #413,064
  • Apr 8, 2015 7:12am Apr 8, 2015 7:12am
nice pull back 14970
  • #413,065
  • Apr 8, 2015 7:52am Apr 8, 2015 7:52am
Quoting Dano12
nice pull back 14970
Are you going long pre-FOMC?
  • #413,066
  • Apr 8, 2015 8:02am Apr 8, 2015 8:02am
Quoting Bmitchell
{quote} Are you going long pre-FOMC?

Better don't put your nails pre fomc, and during fomc
  • #413,067
  • Apr 8, 2015 8:06am Apr 8, 2015 8:06am
Quoting karolisl
{quote} Better don't put your nails pre fomc, and during fomc
Concur!
  • #413,068
  • Apr 8, 2015 8:36am Apr 8, 2015 8:36am
Head and shoulders in M5. Implied target 1.4860.
Observation is the path to discovery.
  • #413,069
  • Apr 8, 2015 8:39am Apr 8, 2015 8:39am
Going for the sell ..
  • #413,070
  • Apr 8, 2015 8:59am Apr 8, 2015 8:59am
tomorrow

GBPOfficial Bank Rate0.50%0.50%
GBPAsset Purchase Facility

FOMC hmm PUMP AND DUMP or DUMP
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 226 KB
  • #413,071
  • Apr 8, 2015 9:11am Apr 8, 2015 9:11am
50 min until FOMC,
Short Target: 1.48845
Price Ceiling: 1.49970
Attached Image (click to enlarge)
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  • #413,072
  • Apr 8, 2015 9:14am Apr 8, 2015 9:14am
Quoting Bmitchell
{quote} Are you going long pre-FOMC?
Then I'll see what they do and I will have candles he thought what to do next
tomorrow BOE
  • #413,073
  • Apr 8, 2015 9:14am Apr 8, 2015 9:14am
Quoting openyoureyes
50 min until FOMC, Short Target: 1.48845 Price Ceiling: 1.49970
1h 50 min
  • #413,074
  • Apr 8, 2015 9:17am Apr 8, 2015 9:17am
Sorry, my bad.
  • #413,075
  • Apr 8, 2015 10:16am Apr 8, 2015 10:16am
Was hoping for short from 1.513 but does not look like it, unless FOMC let it spike. Leaving my Sell limit and will see what happens. 1.497.. seem to be strong resistance.
  • #413,076
  • Apr 8, 2015 10:38am Apr 8, 2015 10:38am
at least 60 pip up..
  • #413,077
  • Apr 8, 2015 10:43am Apr 8, 2015 10:43am
GBP tried 6 times to break 1.4980 since last FOMC but fail. I wonder where will today FOMC bring us
  • #413,078
  • Apr 8, 2015 10:47am Apr 8, 2015 10:47am
pending short 1.5028. Tp 1.4810.
  • #413,079
  • Apr 8, 2015 11:02am Apr 8, 2015 11:02am
i changed my trades. Buy stop 1.4990 sell stop 1.48. Both sides with long term tp 500 pips.
  • #413,080
  • Apr 8, 2015 11:24am Apr 8, 2015 11:24am
Quoting openyoureyes
50 min until FOMC, Short Target: 1.48845 Price Ceiling: 1.49970 {image}
TP hit,
more shorts from here.
Attached Image (click to enlarge)
Click to Enlarge Name: EvK5d7V.png Size: 67 KB
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