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Cable Update (GBPUSD)

  • #421,061
  • Nov 2, 2015 6:20am Nov 2, 2015 6:20am
1.5462 is a big resistance on H4 now. sold here with 1.55 as stop
  • #421,062
  • Nov 2, 2015 7:30am Nov 2, 2015 7:30am
Well, the asset moves as I’ve predicted.
  • #421,063
  • Nov 2, 2015 7:30am Nov 2, 2015 7:30am
Quoting giveachance
1.5462 is a big resistance on H4 now. sold here with 1.55 as stop
another failure to the upside. ohlalala
  • #421,064
  • Nov 2, 2015 7:57am Nov 2, 2015 7:57am
Quoting giveachance
{quote} another failure to the upside. ohlalala
spot on. bagged 50 pips.
  • #421,065
  • Nov 2, 2015 7:59am Nov 2, 2015 7:59am
sold again.
  • #421,066
  • Nov 2, 2015 7:59am Nov 2, 2015 7:59am
That was one hell of a drop - with no news releases can anyone explain the catalyst behind that? Thanks in advance.
Focus.
  • #421,067
  • Nov 2, 2015 8:00am Nov 2, 2015 8:00am
Quoting Marco-Kanto
That was one hell of a drop - with no news releases can anyone explain the catalyst behind that? Thanks in advance.
Read giveachance's posts

Purely technical move
  • #421,068
  • Nov 2, 2015 8:02am Nov 2, 2015 8:02am
one more time not broken the resistance, pull bac
  • #421,069
  • Nov 2, 2015 8:07am Nov 2, 2015 8:07am
Quoting alexpi
{quote} Read giveachance's posts Purely technical move
it was broken bcoz 15432 broke and there were sell stops below. this pullback is bcoz 5400 is bought i expect a retest of 5395 in any case
  • #421,070
  • Nov 2, 2015 8:10am Nov 2, 2015 8:10am
trying long at 186.113 GBPJPY
  • #421,071
  • Nov 2, 2015 8:12am Nov 2, 2015 8:12am
Daily gap is filled.....
  • #421,072
  • Nov 2, 2015 8:20am Nov 2, 2015 8:20am
so , who bought the deeps ?
  • #421,073
  • Nov 2, 2015 11:06am Nov 2, 2015 11:06am
If it falls below 1.5400 I will sell again with sell limit at 1.5350.
  • #421,074
  • Nov 2, 2015 11:14am Nov 2, 2015 11:14am
Short sell is the save way i think from the 1.5350 and 1.5450
  • #421,075
  • Nov 2, 2015 9:22pm Nov 2, 2015 9:22pm
GBPUSD confirmed a negative closing even below the opening forming a negative day reversal. Only a daily closing tonight below 1,5404 will however confirm a s/t top!!
The indicators of the daily chart are however still well positive for now while those of the s/t charts are showing a mixed picture suggesting some consolidation/ correction. Bearish divergences are still confirming the positive tone. Possible s/t pressure is therefore corrective and a buying opportunity.
I waiting for a possible extension of the correction toward the 200 hours line, still found at 1,5357, to buy!!
  • #421,076
  • Nov 3, 2015 12:19am Nov 3, 2015 12:19am
Quoting Hanmd
GBPUSD confirmed a negative closing even below the opening forming a negative day reversal. Only a daily closing tonight below 1,5404 will however confirm a s/t top!! The indicators of the daily chart are however still well positive for now while those of the s/t charts are showing a mixed picture suggesting some consolidation/ correction. Bearish divergences are still confirming the positive tone. Possible s/t pressure is therefore corrective and a buying opportunity. I waiting for a possible extension of the correction toward the 200 hours line,...
I fully agree with your analysis.
  • #421,077
  • Nov 3, 2015 1:45am Nov 3, 2015 1:45am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 211 KB
  • #421,078
  • Nov 3, 2015 5:42am Nov 3, 2015 5:42am
rebound possible till 15407 otherwise its clear bearish. next support not there till 5258. sell sell sell. if it bounces i would still sell 5415 is cleared.
  • #421,079
  • Nov 3, 2015 5:45am Nov 3, 2015 5:45am
:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 205 KB
  • #421,080
  • Nov 3, 2015 5:48am Nov 3, 2015 5:48am
Quoting giveachance
rebound possible till 15407 otherwise its clear bearish. next support not there till 5258. sell sell sell. if it bounces i would still sell 5415 is cleared.
Yesterdays Manufacturing PMI was strongly Positive and today's Construction PMI there was a gain and GBP Plunging???
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