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Cable Update (GBPUSD)

  • #423,901
  • Feb 10, 2016 7:48am Feb 10, 2016 7:48am
Quoting Dr.Zain
Whats happening!!! DRUNKEN Market??? She is away one hour more
Didn't you see that spike as the transcript was released fifteen minutes ago? I was like "Wtf was that, *checks headlines*... Oh, transcript..."

Wait until the market loses this ask, then look to play longs again. I'm not liking the wording that makes it feel like the rate hikes will keep on coming...
"Don't fear a bubble until it starts to burst."
  • #423,902
  • Feb 10, 2016 7:52am Feb 10, 2016 7:52am
Quoting meanvel
{quote} Didn't you see that spike as the transcript was released fifteen minutes ago? I was like "Wtf was that, *checks headlines*... Oh, transcript..." Wait until the market loses this ask, then look to play longs again. I'm not liking the wording that makes it feel like the rate hikes will keep on coming...
Text of the testimony due to be released 90 minutes earlier than the speaking time listed;wtf
  • #423,903
  • Feb 10, 2016 8:00am Feb 10, 2016 8:00am
*Twiddles thumbs*... No, I do not feel like buying the 1.4505... Take it through you dumb bears. lol....
"Don't fear a bubble until it starts to burst."
  • #423,904
  • Feb 10, 2016 8:07am Feb 10, 2016 8:07am
#GBPUSD so far so good, got in at the right price and the right time....... my calculation are telling me this pound should continue heading south until 2-12 or 2-15 then a possible turn to the upside..... lets see if this pans out
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 2-10-2016.png Size: 44 KB
"W. D. Gann said that time is the most important factor among all things."
  • #423,905
  • Feb 10, 2016 8:07am Feb 10, 2016 8:07am
Quoting shankargv
{quote} ok thanks for the reply, I am new to trading and learning things daily. What does dovish outlook mean?
Dovish-soft tone with no immediate action aka procrastinating.
Hawkish-aggressive tone,Immediate action
  • #423,906
  • Feb 10, 2016 8:15am Feb 10, 2016 8:15am
Quoting USDollar
#GBPUSD so far so good, got in at the right price and the right time....... my calculation are telling me this pound should continue heading south until 2-12 or 2-15 then a possible turn to the upside..... lets see if this pans out {image}
Whats made this Pair to Rally North on Negitive Fundamental Data? No Respect for Price Action,
  • #423,907
  • Feb 10, 2016 8:18am Feb 10, 2016 8:18am
145 400 was the sell

target now nearing completion at 144 600

close on this totals 145 pips for the day.

Plenty ..
Attached Image
  • #423,908
  • Feb 10, 2016 8:18am Feb 10, 2016 8:18am
This probably wont bottom until the Yellen speech.
"Don't fear a bubble until it starts to burst."
  • #423,909
  • Feb 10, 2016 8:21am Feb 10, 2016 8:21am
Quoting Mandariin
{quote} Toke 17 tick / pips. Time to grocery shopping
just back done the shopping and by the looks of it all free hope you guys took the short too, .
  • #423,910
  • Feb 10, 2016 8:22am Feb 10, 2016 8:22am
Quoting dean1star
145 400 was the sell target now nearing completion at 144 600 close on this totals 145 pips for the day. Plenty .. {image}
well done i auto tp before the top i think it was 66 just check ,
  • #423,911
  • Feb 10, 2016 8:24am Feb 10, 2016 8:24am
Quoting dean1star
145 400 was the sell target now nearing completion at 144 600 close on this totals 145 pips for the day. Plenty .. {image}
1.45007
Stake
Stop
([COLOR=#EC174A !important]–[/color]/[COLOR=#0076C0 !important]–[/color])
Guaranteed Stop
Set Trailing Stop
Limit
([COLOR=#EC174A !important]1.44359[/color]/[COLOR=#0076C0 !important]1.45637[/color])P/L £[COLOR=#0076C0 !important]630.00[/color]
Hedging
Margin required for trade:
350.00 GBP

63 dont know how i got that number
  • #423,912
  • Feb 10, 2016 8:25am Feb 10, 2016 8:25am
Quoting Dr.Zain
{quote} Whats made this Pair to Rally North on Negitive Fundamental Data? No Respect for Price Action,
Price action sometimes does weird things, even when data is Neg.... its like it needed to kiss that level before it starts the down trend.....
"W. D. Gann said that time is the most important factor among all things."
  • #423,913
  • Feb 10, 2016 8:29am Feb 10, 2016 8:29am
nice one mate. u rock these days.

Quoting dean1star
145 400 was the sell target now nearing completion at 144 600 close on this totals 145 pips for the day. Plenty .. {image}
  • #423,914
  • Feb 10, 2016 8:31am Feb 10, 2016 8:31am
Quoting elbert3
{quote} 1.45007 Stake Stop (/) Guaranteed Stop Set Trailing Stop Limit (1.44359/1.45637)P/L 630.00 Hedging Margin required for trade: 350.00 GBP 63 dont know how i got that number
Well scalping seems easier then positioning on a trade.
Of course no expert these things always take their time right.

145 was a good call
  • #423,915
  • Feb 10, 2016 8:31am Feb 10, 2016 8:31am
Quoting dean1star
145 400 was the sell target now nearing completion at 144 600 close on this totals 145 pips for the day. Plenty .. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 4ht.png Size: 81 KB
i remember , played it safe
  • #423,916
  • Feb 10, 2016 8:33am Feb 10, 2016 8:33am
Quoting elbert3
{quote} {image} i remember , played it safe
long order 4493 while i make the tea
  • #423,917
  • Feb 10, 2016 8:42am Feb 10, 2016 8:42am
Attached Image (click to enlarge)
Click to Enlarge Name: 1a.png Size: 87 KB
another chart we can see it hit the 1st touch tl and longs could now see 4610 and if if it crosses there trend confirm long might be ib place to buy the dips
  • #423,918
  • Feb 10, 2016 8:44am Feb 10, 2016 8:44am
Attached Image (click to enlarge)
Click to Enlarge Name: 1b.png Size: 64 KB
looking for bottom
  • #423,919
  • Feb 10, 2016 8:51am Feb 10, 2016 8:51am
Quoting dean1star
145 400 was the sell target now nearing completion at 144 600 close on this totals 145 pips for the day. Plenty .. {image}
StopLoss was 50 pips ?
I might be wrong , I have been wrong before
  • #423,920
  • Feb 10, 2016 8:52am Feb 10, 2016 8:52am
Quoting Dr.Zain
{quote} Whats made this Pair to Rally North on Negitive Fundamental Data? No Respect for Price Action,
hi Dr as posted before,, if the boys want it up then its up,,lol
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