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Cable Update (GBPUSD)

  • #418,961
  • Sep 3, 2015 3:15am Sep 3, 2015 3:15am
Quoting Algorerythmn
{quote} Just closed both sell trades at 152 555 NOt sure how to call it for 9 .30 am so gonna wait for a BUY might be before nfp or after. 290 pips not bad .. could go lower but whatever
i have a tenner hedge from last break out 5285, just moved long order to 5295, might pull that , i have a little fake out on tl on 1 min ??? which does not make sense ???lets see ,, ps well done
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  • #418,962
  • Sep 3, 2015 3:19am Sep 3, 2015 3:19am
Quoting Algorerythmn
{quote} Just closed both sell trades at 152 555 NOt sure how to call it for 9 .30 am so gonna wait for a BUY might be before nfp or after. 290 pips not bad .. could go lower but whatever
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weekly look , big gap inside them tl,??
  • #418,963
  • Sep 3, 2015 3:20am Sep 3, 2015 3:20am
Good Morning All !

Why the market's move is soooooooooo slow ?
is there any reason ?
  • #418,964
  • Sep 3, 2015 3:21am Sep 3, 2015 3:21am
GBPUSD and EURGBP

Banco Santander: ‘The services PMIs are going to be more relevant than the construction data. If we get a deadly cocktail of weak UK services PMI and a stonrg payroll number from America then you are looking at going back to $1.50.’

LCG: ‘GBPUSD is on its path to 1.5248 (Fib 50% on Apr-Jun recovery). Trend and momentum indicators remain steadily negative. Traders are likely to remain seller on rallies below 1.5350/60 supply zone (optionality / 200d MA). Vanilla puts are placed at 1.5300/50 before the weekly closing bell.’

GBPUSD
Market price 1.5273
Bearish below 1.5355
Preferred case: bearish with resistance at 1.5355, drop expected to 1.5250 before 1.5215.
Alternative case: if 1.5355 surpassed, rise to 1.5400 before 1.5475 max 1.5580 mid-term resistance.
  • #418,965
  • Sep 3, 2015 3:21am Sep 3, 2015 3:21am
Quoting AwB
Good Morning All ! Why the market's move is soooooooooo slow ? is there any reason ?
Because VERY important news release today, in 4h

Attached Image (click to enlarge)
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After those it will move 100 pip

Also GBP news now, in 5 min:
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I want to buy PATIENCE
  • #418,966
  • Sep 3, 2015 3:24am Sep 3, 2015 3:24am
Quoting elbert3
GBPUSD and EURGBP Banco Santander: The services PMIs are going to be more relevant than the construction data. If we get a deadly cocktail of weak UK services PMI and a stonrg payroll number from America then you are looking at going back to $1.50. LCG: GBPUSD is on its path to 1.5248 (Fib 50% on Apr-Jun recovery). Trend and momentum indicators remain steadily negative. Traders are likely to remain seller on rallies below 1.5350/60 supply zone (optionality / 200d MA). Vanilla puts are placed at 1.5300/50 before the weekly closing bell. GBPUSD Market...
Hi E, good luck. Regards
Fix up, trade sharp ...
  • #418,967
  • Sep 3, 2015 3:24am Sep 3, 2015 3:24am
Quoting elbert3
{quote} i have a tenner hedge from last break out 5285, just moved long order to 5295, might pull that , i have a little fake out on tl on 1 min ??? which does not make sense ???lets see ,, ps well done{image}
SO ur hedged on an Aryton -

Surely thats an out lap before qualifying after NFP ..

VROOM VROOM ..
  • #418,968
  • Sep 3, 2015 3:32am Sep 3, 2015 3:32am
Quoting algorerythmn
{quote} so ur hedged on an aryton - Surely thats an out lap before qualifying after nfp .. vroom vroom ..
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there we go fingers on the button
  • #418,969
  • Sep 3, 2015 3:36am Sep 3, 2015 3:36am
done
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  • #418,970
  • Sep 3, 2015 3:38am Sep 3, 2015 3:38am
HAS S BECOME R ????
  • #418,971
  • Sep 3, 2015 3:40am Sep 3, 2015 3:40am
Quoting Dano12
done {image}
  • #418,972
  • Sep 3, 2015 3:53am Sep 3, 2015 3:53am
Quoting elbert3
HAS S BECOME R ????
seems like daily low puts up resistance now
Attached Image
Fix up, trade sharp ...
  • #418,973
  • Sep 3, 2015 3:57am Sep 3, 2015 3:57am
Daily chart though ...
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Fix up, trade sharp ...
  • #418,974
  • Sep 3, 2015 3:59am Sep 3, 2015 3:59am
Quoting Hickson
{quote} seems like daily low puts up resistance now {image}
Hi H hope your good, looks like resistance ???
  • #418,975
  • Sep 3, 2015 4:03am Sep 3, 2015 4:03am
Bullish divergence on H4, bought, tp 155.20, stop below 1.5170
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  • #418,976
  • Sep 3, 2015 4:06am Sep 3, 2015 4:06am
Quoting elbert3
{quote} Hi H hope your good, looks like resistance ???
Hi E, sticking around somehow, what about you? Finally healthy again?
Fix up, trade sharp ...
  • #418,977
  • Sep 3, 2015 4:11am Sep 3, 2015 4:11am
Quoting Hickson
{quote} Hi E, sticking around somehow, what about you? Finally healthy again?
yes all good thanks , 100 k on the bench again 12 reps lol,,
  • #418,978
  • Sep 3, 2015 4:12am Sep 3, 2015 4:12am
Attached Image (click to enlarge)
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resistance areas
  • #418,979
  • Sep 3, 2015 4:36am Sep 3, 2015 4:36am
GBP start short squeeze
  • #418,980
  • Sep 3, 2015 4:43am Sep 3, 2015 4:43am
Quoting Dano12
GBP start short squeeze
Bear trap.
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