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Cable Update (GBPUSD)

  • #425,421
  • Feb 26, 2016 10:03am Feb 26, 2016 10:03am
Quoting giveachance
typical friday end of month pa. Wanta to clean up as many traders as possible. HFT s are working today. Stay away. It does not demand this low today
H4 closed, maybe now it wants to retrace a bit? Don't know how far the market manipulators wants to push it, 3853 is the low and it seems quite far for me already.
  • #425,422
  • Feb 26, 2016 10:03am Feb 26, 2016 10:03am
Quoting giveachance
You people are buying the dips??? Dont get caught badly like last week
I wanted it, but no signal at all, it just crashing down like a hammer.
  • #425,423
  • Feb 26, 2016 10:05am Feb 26, 2016 10:05am
Quoting Darkforce
{quote} H4 flag, classic, now what? {image}

1,3663 in the next couple of days/weeks??
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB
persistence and determination alone are omnipotent
  • #425,424
  • Feb 26, 2016 10:05am Feb 26, 2016 10:05am
Quoting Darkforce
{quote} H4 closed, maybe now it wants to retrace a bit? Don't know how far the market manipulators wants to push it, 3853 is the low and it seems quite far for me already.
It may close badly bcoz it wants to cleanup as many traders as possible
  • #425,425
  • Feb 26, 2016 10:07am Feb 26, 2016 10:07am
Quoting giveachance
{quote} It may close badly bcoz it wants to cleanup as many traders as possible
Today there's just too many weight on cable, US data positive, month end flow, and the usually Brexit factor, perfect environment for the dealers to push it down with ease.
  • #425,426
  • Feb 26, 2016 10:09am Feb 26, 2016 10:09am
Reality is market has taken brexit very seriously. It is more bad for europe than britian. Arnd march first or 2nd week gbp will bottom out.
  • #425,427
  • Feb 26, 2016 10:13am Feb 26, 2016 10:13am
Quoting giveachance
Reality is market has taken brexit very seriously. It is more bad for europe than britian. Arnd march first or 2nd week gbp will bottom out.
Nobody knows for sure what brexit may bring and what consequences it entails
persistence and determination alone are omnipotent
  • #425,428
  • Feb 26, 2016 10:14am Feb 26, 2016 10:14am
Quoting Ll1979
{quote} Nobody knows for sure what brexit may bring and what consequences it entails
Reality is there will be no Brexit, serious British people are inherently conservative, Leave seems too radical for the majorities.
  • #425,429
  • Feb 26, 2016 10:17am Feb 26, 2016 10:17am
Closed out GU for +3.9 lmao, missed by TP by less than that for +30, story of my life with forex... anyway we will see below 1.3950 now for sure 100%
  • #425,430
  • Feb 26, 2016 10:22am Feb 26, 2016 10:22am
Quoting Darkforce
{quote} Reality is there will be no Brexit, serious British people are inherently conservative, Leave seems too radical for the majorities.
true..ask elbert if he wants to leave gbp will tank to 1.3
  • #425,431
  • Feb 26, 2016 10:39am Feb 26, 2016 10:39am
Quoting giveachance
{quote} true..ask elbert if he wants to leave gbp will tank to 1.3
I will, but I doubt he will trade on that kind of directional bias. 1.3 ..... that's just .... too far .... aw...a....y.....
  • #425,432
  • Feb 26, 2016 10:47am Feb 26, 2016 10:47am
Quoting Darkforce
{quote} Reality is there will be no Brexit, serious British people are inherently conservative, Leave seems too radical for the majorities.
I disagree I think there is goin to be an exit.

The majority of the working classes (where I live) are voting out that's for sure.
2/3 of business leaders want out.
Half the Tory party want out.

There is huge scare mongering in the press going on to try and persuade people Europe is a good thing as the prime minister is looking very stupid atm with his crap deal.
  • #425,433
  • Feb 26, 2016 10:50am Feb 26, 2016 10:50am
I'm going short. Break of 1.3877 will target 1.3503 key support level next.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-riston-capital-ltd-2.png Size: 24 KB
  • #425,434
  • Feb 26, 2016 10:53am Feb 26, 2016 10:53am
up, down or sideways from here?
  • #425,435
  • Feb 26, 2016 10:53am Feb 26, 2016 10:53am
Quoting Dunno67
I'm going short. Break of 1.3877 will target 1.3503 key support level next. {image}
short from?
  • #425,436
  • Feb 26, 2016 10:57am Feb 26, 2016 10:57am
This pair is incredible, haha.
  • #425,437
  • Feb 26, 2016 11:08am Feb 26, 2016 11:08am
Quoting Ll1979
{quote} 1,3663 in the next couple of days/weeks?? {image}
Historically this is the strongest level of support you can find. I would be very surprised if this is broken without another USD interest rate rise.
  • #425,438
  • Feb 26, 2016 11:08am Feb 26, 2016 11:08am
Quoting el_duende
{quote} I disagree I think there is goin to be an exit. The majority of the working classes (where I live) are voting out that's for sure. 2/3 of business leaders want out. Half the Tory party want out. There is huge scare mongering in the press going on to try and persuade people Europe is a good thing as the prime minister is looking very stupid atm with his crap deal.
Isnt that the beauty of having a vote referendum - where we live everyone wishes to stay in Europe as such - going to be interesting thats for sure
even had a local raffle at the church for the migrants stuck in calais .. cool hey
  • #425,439
  • Feb 26, 2016 11:11am Feb 26, 2016 11:11am
Quoting dean1star
{quote} Isnt that the beauty of having a vote referendum - where we live everyone wishes to stay in Europe as such - going to be interesting thats for sure even had a local raffle at the church for the migrants stuck in calais .. cool hey
Illegal and many of them bad people... stop them altogether
  • #425,440
  • Feb 26, 2016 11:35am Feb 26, 2016 11:35am
Quoting Don96
{quote} Illegal and many of them bad people... stop them altogether
Oh .. thing is and guess we are lucky being able to trade as such - but imagine for a moment if that was you, all said and done its always going to be a glass half empty half full scenario .. take your point though for sure - the wife said the same but kept on smiling .. my glass is half empty lets refill - as one does
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