Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#424,941
Feb 22, 2016 9:52am Feb 22, 2016 9:52am

alayinizAMK
| Joined Nov 2014 | Status: Trader | 1,140 Posts

Quoting dean1star

Disliked

{quote} Well funny you say that - they say his family history is Turkish ?? and his brokers in the Square mile EC2 lol ..

Ignored

wow interesting the amount of information/gossip on boris flooding into this thread already

let's hope his not going down as the most disliked turk in uk's history.

#424,942
Feb 22, 2016 10:06am Feb 22, 2016 10:06am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

Amazing. Was busy whole day in work. I understand the move from 1.44 to 1.4270 but what caused the drop to 4056. I bet if this is not a move in despair. 4056 was uncalled for. 4082 is still doable. 4200 will stand as barrier

#424,943
Feb 22, 2016 10:21am Feb 22, 2016 10:21am

meanvel
| Joined Aug 2014 | Status: Trader | 431 Posts

I already told you the trade hours ago, dean... Thirty five minutes after open... Judged the situation, posted that I decided not to do any longs until a hard break of 1.4145 swing low which I even posted a chart of earlier tonight.

Hard break occurred, long trade set up a little while after.

"Don't fear a bubble until it starts to burst."

#424,944
Feb 22, 2016 10:34am Feb 22, 2016 10:34am

Dr.Zain
Joined Sep 2008 | Status: Trader | 2,383 Posts

Quoting meanvel

Disliked

long trade set up a little while after.

Ignored

@17:00 GMT ?

#424,945
Feb 22, 2016 10:42am Feb 22, 2016 10:42am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

timing ofthe day does not allow me to take longs. London gone. I still suspect one roud of selling is left to clear bottom pickers. Tom will long

#424,946
Feb 22, 2016 11:02am Feb 22, 2016 11:02am

edyraper
Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts

Quoting edyraper

Disliked

{quote} 45 ish retrace wouldn't be surprise before 4037 voids if 4037 get's hit bought 4072 SL 4036 if got S/O will try at 3857 nothing else to do at these levels ...{image}

Ignored

waiting for drop a bit to add around lows again

Attached Image

#424,947
Feb 22, 2016 11:06am Feb 22, 2016 11:06am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

Quoting giveachance

Disliked

timing ofthe day does not allow me to take longs. London gone. I still suspect one roud of selling is left to clear bottom pickers. Tom will long

Ignored

still one weird thing I am seeing today why is eur/gbp making new lows since past 3 hrs

#424,948
Feb 22, 2016 11:08am Feb 22, 2016 11:08am

meanvel
| Joined Aug 2014 | Status: Trader | 431 Posts

Quoting giveachance

Disliked

timing ofthe day does not allow me to take longs. London gone. I still suspect one roud of selling is left to clear bottom pickers. Tom will long

Ignored

Don't be paranoid... All prices below 1.4140 were a bubble... Frenzy of shorting and weak longs puking out...

"Don't fear a bubble until it starts to burst."

#424,949
Feb 22, 2016 11:10am Feb 22, 2016 11:10am

Dr.Zain
Joined Sep 2008 | Status: Trader | 2,383 Posts

Quoting meanvel

Disliked

{quote} Don't be paranoid... All prices below 1.4140 were a bubble... Frenzy of shorting and weak longs puking out...

Ignored

GBPUSD failed to form a bat pattern, as it couldn’t form PRZ and trading below 88.6% Fibonacci at 1.4145 should bring a test of 1.40 psychological followed by 1.3920.(ICN)

#424,950
Feb 22, 2016 11:10am Feb 22, 2016 11:10am

giveachance
Joined Jun 2013 | Status: Trader by hobby not by profession | 7,045 Posts

Quoting meanvel

Disliked

{quote} Don't be paranoid... All prices below 1.4140 were a bubble... Frenzy of shorting and weak longs puking out...

Ignored

I know I know but i need confirmation and I am slowly getting that from the crosses. I think gbp is about to jump but before that the crosses have to rise. gbp/aud needs to take out 1.97 and eur/gbp same level 7760

#424,951
Feb 22, 2016 11:19am Feb 22, 2016 11:19am

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

To me, below 1.4117 is temporarily out of focus for now and more retracement is to come.

Logic is, the initial fear has faded, and the Remain side is probably on a stronger side than the Leave side, with the EU deals in hand, David Cameron got more explanatory works to, however, any sensible human being should be able to see that stay is the better option than leave, at least for now, once they dig into the details. And I believe that more Britons are sufficiently educated to make that rational choice well.

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#424,952
Feb 22, 2016 11:22am Feb 22, 2016 11:22am

alayinizAMK
| Joined Nov 2014 | Status: Trader | 1,140 Posts

Quoting giveachance

Disliked

{quote} I know I know but i need confirmation and I am slowly getting that from the crosses. I think gbp is about to jump but before that the crosses have to rise. gbp/aud needs to take out 1.97 and eur/gbp same level 7760

Ignored

why do you suggest that ga is going to take out 1.97?