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Cable Update (GBPUSD)

  •  Zinot
  • | Joined Dec 2015 | Status: VUIP - Very UnImportant Person | 138 Posts
still walking south too
Insanity: doing the same over and over again & expecting different results!
how will it bee seen 4430 is the bigger resistance take that 4450
Quoting amonshi
{quote} Still holding my short
Stopped out -60. Damn it's a bad day
Letting losses run is the most serious mistake made by most investors.
Quoting elbert3
how will it bee seen 4430 is the bigger resistance take that 4450
4423 pp 4457 4480
Quoting elbert3
{quote} 4423 pp 4457 4480
this mornings broker email,
CG: ‘GBPUSD remains under decent selling pressures despite a weaker USD. The bias remains comfortably negative yet deepening oversold conditions (RSI 20%) suggest that a recovery could be well around the corner. Buyers are touted at 1.4350/1.4400 area while the upside moves to face sellers pre-1.45. The BoE is expected to keep the status quo at today’s meeting and to deliver a fairly dovish accompanying statement. Expectations for the first BoE rate hike are being pushed forward and the selling pressures on Cable remain due to the divergence in Fed/BoE policy outlooks.’

GBPUSD
Bullish above 1.4360.

Market price 1.4401
Bullish case: 1.4360 support, rise expected to 1.4495 max 1.4580.
Bearish case: if 1.4360 broken, drop to 1.4240.
Quoting amonshi
{quote} Stopped out -60. Damn it's a bad day
Sorry to read about -tive trade its part of business but its better to wait and trade after the decision
hit the 200 ema on 15 min, ?? trying re entry 4412

BUY
1.44126
Stake
Stop
([COLOR=#EC174A !important]–[/color]/[COLOR=#0076C0 !important]–[/color])
Guaranteed Stop
Set Trailing Stop
Limit
([COLOR=#EC174A !important]1.43758[/color]/[COLOR=#0076C0 !important]1.44496[/color])P/L £[COLOR=#0076C0 !important]720.00[/color]
Hedging
Margin required for trade:
700.00 GBP
BOE did not do bigger impact , now waiting for US unemployment claim
day chart 10 ema sits at 4553 at this time, will it home in on that today 4392 is support
I think it's far more likely to keep falling towards 1.4300.
Can we buy again 4408 here
Quoting elbert3
Can we buy again 4408 here

Pretty sure your broker will let you.

Welcome back B.
The world you desire can be won. It exists.. it is real.. it is possible..
I'm keeping my short also!
millipede stacker
today oil is bullish, shares bullish, cable bullish, long la 1.4411
Quoting Mr. Scott
{quote} Pretty sure your broker will let you. Welcome back B.
he always does lol ,no wine hamper this xmas thou ???? , hope your good, regards as ever B
That last ones not looking good,?? Lets see if it goes sideways along 4400
last one today 4386 2nd support
Quoting Kajos2250
{quote} GU H4 GMT+2 last bearish belthold target on the weekly reached, take some profit at least pull the BE! next week more load if the PA required... good luck! {image}
GU H4 GMT+2

prepare for breaking expanding wedge sell stop .4354
bears are waiting for IB BO on the daily almost the same price.
invalidation, daily close above ~4482.
realization zone around YPS1~4225 multiple confluence...

good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 37 KB
Anything is math!
For anyone that hasn't yet seen, the vote was 8-1. The same has it has been for a while.
  • #422,220
  • Quote
  • Edited 4:11pm Jan 14, 2016 3:58pm | Edited 4:11pm
I'm feeling channel looks bit like that with a respected res line in white ,2 x inside ,markets thinking about that support
200 pip range to play in without break lower

Quoting Bones
cables at an extreme, {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 42 KB
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