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Cable Update (GBPUSD)

  • #421,081
  • Nov 3, 2015 7:52am Nov 3, 2015 7:52am
Quoting Dr.Zain
{quote} Yesterdays Manufacturing PMI was strongly Positive and today's Construction PMI there was a gain and GBP Plunging???
The fecking FED dope is stronger than everything else atm.

Pure bullshit and extremely sad.
  • #421,082
  • Nov 3, 2015 7:55am Nov 3, 2015 7:55am
Quoting Darkforce
{quote} The fecking FED dope is stronger than everything else atm. Pure bullshit and extremely sad.
Yellen, Dudley, Fischer all speak tomorrow, they will talk about Dec hike blah blah blah and dollar bulls are going to like it, so dollar bulls decide to buy the dollar what-so-ever.
  • #421,083
  • Nov 3, 2015 8:03am Nov 3, 2015 8:03am
Quoting Dr.Zain
{quote} Yesterdays Manufacturing PMI was strongly Positive and today's Construction PMI there was a gain and GBP Plunging???
move is clearly technical. it has no support now till 5258. so it will fall now
  • #421,084
  • Nov 3, 2015 8:08am Nov 3, 2015 8:08am
Is it a retracement or reversal?
Attached Image (click to enlarge)
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  • #421,085
  • Nov 3, 2015 9:09am Nov 3, 2015 9:09am
Quoting giveachance
{quote} move is clearly technical. it has no support now till 5258. so it will fall now
1.5365-1.5355 is a clear support/1H flip-zone
  • #421,086
  • Nov 3, 2015 9:10am Nov 3, 2015 9:10am
Quoting alexpi
{quote} 1.5365-1.5355 is a clear support/1H flip-zone
no support boss. this rebound will be sold.
  • #421,087
  • Nov 3, 2015 9:19am Nov 3, 2015 9:19am
Quoting Darkforce
{quote} The fecking FED dope is stronger than everything else atm. Pure bullshit and extremely sad.
You mean Feds Officials are Publicly Barking about December??
  • #421,088
  • Nov 3, 2015 9:29am Nov 3, 2015 9:29am
Quoting giveachance
{quote} no support boss. this rebound will be sold.
I will take your opinion as the voice of reason and put my SL on BE. Looking for partial TP 1.546 and then 1.5517
  • #421,089
  • Nov 3, 2015 9:31am Nov 3, 2015 9:31am
was good support around 1.5360
  • #421,090
  • Nov 3, 2015 9:32am Nov 3, 2015 9:32am
and tp 2 done
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 193 KB
  • #421,091
  • Nov 3, 2015 9:47am Nov 3, 2015 9:47am
buying this retrace with a stoploss of 5368. want to catch some pips on the upside. break of 5399 will cause a run towards 5414
  • #421,092
  • Nov 3, 2015 9:58am Nov 3, 2015 9:58am
Quoting giveachance
buying this retrace with a stoploss of 5368. want to catch some pips on the upside. break of 5399 will cause a run towards 5414
ok 5414 is next.5368 is invalidated
  • #421,093
  • Nov 3, 2015 12:39pm Nov 3, 2015 12:39pm
I'm short at 1.5416 with first tp at 1.5344
Attached Image (click to enlarge)
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  • #421,094
  • Nov 3, 2015 2:03pm Nov 3, 2015 2:03pm
Quoting edyraper
so , who bought the deeps ?
some underwater , some above (longs) targetting 5600/5700 area for close and shorts ...
  • #421,095
  • Nov 3, 2015 2:06pm Nov 3, 2015 2:06pm
Quoting Cornelis
I'm short at 1.5416 with first tp at 1.5344 {image}
Sounds good , thanks for sharing.
  • #421,096
  • Nov 3, 2015 3:06pm Nov 3, 2015 3:06pm
Nice bounce off the 50 fib/PA support area and TL retest.
Daily shows good upside potential from here I think
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Come with me if you want to live....
  • #421,097
  • Nov 3, 2015 9:34pm Nov 3, 2015 9:34pm
Could also revisit 5350 area
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 30 KB
Come with me if you want to live....
  • #421,098
  • Nov 4, 2015 3:15am Nov 4, 2015 3:15am
11 30 London time data UK and tomorrow BOA - SHS or BIG ABC
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 209 KB
  • #421,099
  • Nov 4, 2015 3:58am Nov 4, 2015 3:58am
GBP USD SHS if, broken 15450 if not broken waiting for data from the US and consolidation
  • #421,100
  • Nov 4, 2015 6:20am Nov 4, 2015 6:20am
Another bad data coming for Yellen to testify why rate not increased yet...
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