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Cable Update (GBPUSD)

  • #413,061
  • Apr 8, 2015 9:02am Apr 8, 2015 9:02am
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 9:06am Apr 8, 2015 9:06am
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 9:11am Apr 8, 2015 9:11am
Attached Image (click to enlarge)
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57 no close , watch for any spike down as 4 hour emas look long again but flat
  • #413,064
  • Apr 8, 2015 9:12am Apr 8, 2015 9:12am
nice pull back 14970
  • #413,065
  • Apr 8, 2015 9:52am Apr 8, 2015 9:52am
Quoting Dano12
nice pull back 14970
Are you going long pre-FOMC?
  • #413,066
  • Apr 8, 2015 10:02am Apr 8, 2015 10:02am
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 10:06am Apr 8, 2015 10:06am
Quoting karolisl
{quote} Better don't put your nails pre fomc, and during fomc
Concur!
  • #413,068
  • Apr 8, 2015 10:36am Apr 8, 2015 10:36am
Head and shoulders in M5. Implied target 1.4860.
Observation is the path to discovery.
  • #413,069
  • Apr 8, 2015 10:39am Apr 8, 2015 10:39am
Going for the sell ..
  • #413,070
  • Apr 8, 2015 10:59am Apr 8, 2015 10:59am
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 11:11am Apr 8, 2015 11:11am
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 11:14am Apr 8, 2015 11:14am
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 11:14am Apr 8, 2015 11:14am
Quoting openyoureyes
50 min until FOMC, Short Target: 1.48845 Price Ceiling: 1.49970
1h 50 min
  • #413,074
  • Apr 8, 2015 11:17am Apr 8, 2015 11:17am
Sorry, my bad.
  • #413,075
  • Apr 8, 2015 12:16pm Apr 8, 2015 12:16pm
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 12:38pm Apr 8, 2015 12:38pm
at least 60 pip up..
  • #413,077
  • Apr 8, 2015 12:43pm Apr 8, 2015 12:43pm
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 12:47pm Apr 8, 2015 12:47pm
pending short 1.5028. Tp 1.4810.
  • #413,079
  • Apr 8, 2015 1:02pm Apr 8, 2015 1:02pm
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 1:24pm Apr 8, 2015 1:24pm
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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