Cable Update (GBPUSD) | Page 21282 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #425,621
  • Mar 2, 2016 7:10am Mar 2, 2016 7:10am
Quoting dean1star
{quote} Tempted to do the same but waiting just a few more mins definately got a sell near too
I got 20 pips stop, so survived that push, not sure if gonna survive another spike though.
  • #425,622
  • Mar 2, 2016 7:11am Mar 2, 2016 7:11am
Quoting Darkforce
{quote} I got 20 pips stop, so survived that push, not sure if gonna survive another spike though.
We shall see lol .. jumped in for the scalp
  • #425,623
  • Mar 2, 2016 7:12am Mar 2, 2016 7:12am
Quoting Darkforce
{quote} I got 20 pips stop, so survived that push, not sure if gonna survive another spike though.
I'll put sell limit at your stop see if it spike up lol
Letting losses run is the most serious mistake made by most investors.
  • #425,624
  • Mar 2, 2016 7:15am Mar 2, 2016 7:15am
Quoting Darkforce
{quote} I got 20 pips stop, so survived that push, not sure if gonna survive another spike though.

Ha that spike hit my SO with one pip to spare.
  • #425,625
  • Mar 2, 2016 7:19am Mar 2, 2016 7:19am
Quoting amonshi
{quote} I'll put sell limit at your stop see if it spike up lol
Sell limit @1.4040 didn't hit, shorted at current price
Letting losses run is the most serious mistake made by most investors.
  • #425,626
  • Mar 2, 2016 7:19am Mar 2, 2016 7:19am
Got ADP comes in favour, need to see what happens till US session opens to decide how to exit this, ideally I wish for a re-test of 3881, but this maybe a wishful thinking as the bottom has been rejected twice. However, if 4040 not taken out before NFP, then we are still making LH and LL, think overall down trend is still there.

But this is a time to be cautious given the PA to the UK data. The rally after the bad PMI data can either be interpreted as market short squeeze ahead of NFP, or market establishing a mid-term bottom, hard to tell ATM.
  • #425,627
  • Mar 2, 2016 7:25am Mar 2, 2016 7:25am
Quoting Blackopal
{quote} Ha that spike hit my SO with one pip to spare.
were you long? There was no spike up at my chart
Letting losses run is the most serious mistake made by most investors.
  • #425,628
  • Mar 2, 2016 7:28am Mar 2, 2016 7:28am
A look at weekly,

We retraced 38.2% of last week, ADP's out green, two UK PMI's out red with manufacturing below 50

Time to reverse and making a LL?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFWeekly.png Size: 36 KB
  • #425,629
  • Mar 2, 2016 7:29am Mar 2, 2016 7:29am
Would not be surprised if they take it higher first ..
staying in the sell
  • #425,630
  • Mar 2, 2016 7:33am Mar 2, 2016 7:33am
Quoting dean1star
Would not be surprised if they take it higher first .. staying in the sell
M15 cable may try to stay above that 38.2% fib line, nasty bitch
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFM15.png Size: 53 KB
  • #425,631
  • Mar 2, 2016 7:38am Mar 2, 2016 7:38am
Quoting Darkforce
{quote} M15 cable may try to stay above that 38.2% fib line, nasty bitch {image}
Got that right there Bitch is the word - usa unemployment claims tomorrow so there might be a poss that they go higher sell down into uk 4pm range till tomorrow and if claims hit the mark then lower or halfway lower for friday mark their position - yeh fcking bitch is about right .. flame me for swearing but its worth it lol
how many traders got in on a sell at one mins past the news .. so higher for sure
  • #425,632
  • Mar 2, 2016 7:44am Mar 2, 2016 7:44am
Quoting alayinizAMK
{quote} why pure gamble?
That's all it was.
Still bearish biased tho only above 1.4060 would convince me otherwise.

Wasted 100 pips by waiting for a bigger drop not taking any profits but scaling in instead. Will have another go now. Short 1.4030 SL 1.4066 TP 1.3480
Don't get mad, get even!
  • #425,633
  • Mar 2, 2016 7:46am Mar 2, 2016 7:46am
Quoting stulic
{quote} That's all it was. Still bearish biased tho only above 1.4060 would convince me otherwise. Wasted 100 pips by waiting for a bigger drop not taking any profits but scaling in instead. Will have another go now. Short 1.4030 SL 1.4066 TP 1.3480
Brave trader there
  • #425,634
  • Mar 2, 2016 7:55am Mar 2, 2016 7:55am
Quoting dean1star
{quote} Brave trader there
Weekly DAX
Attached Image (click to enlarge)
Click to Enlarge Name: GER30Weekly.png Size: 51 KB
Don't get mad, get even!
  • #425,635
  • Mar 2, 2016 8:02am Mar 2, 2016 8:02am
115 pips and we haven't even got below the MA5 properly, very impressive
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFM15.png Size: 50 KB
  • #425,636
  • Mar 2, 2016 8:05am Mar 2, 2016 8:05am
Quoting Darkforce
115 pips and we haven't even got below the MA5 properly, very impressive {image}
thats the point why i am really sceptical about that bull move. there wasnt any possibility for retrace.

Edit: I mean it was not "natural buy moves".
  • #425,637
  • Mar 2, 2016 8:08am Mar 2, 2016 8:08am
Game play if u gonna jump from the cliff find a higher one .. and then choose the moment right ..

But the news was good u know so they gonna sell arent they - well really do they have too .. ??

ka boom
  • #425,638
  • Mar 2, 2016 8:10am Mar 2, 2016 8:10am
Quoting dean1star
Game play if u gonna jump from the cliff find a higher one .. and then choose the moment right .. But the news was good u know so they gonna sell arent they - well really do they have too .. ?? ka boom
I am stopped out already, maybe it will drop now.
  • #425,639
  • Mar 2, 2016 8:12am Mar 2, 2016 8:12am
Quoting Darkforce
{quote} I am stopped out already, maybe it will drop now.
Would be surprised - maybe higher then a drop for uk 4pm london close.
Difficult to say but they bought today for a reason so soon it will come back round for sure.
Prefer today but lets see
  • #425,640
  • Mar 2, 2016 8:18am Mar 2, 2016 8:18am
Quoting dean1star
{quote} Would be surprised - maybe higher then a drop for uk 4pm london close. Difficult to say but they bought today for a reason so soon it will come back round for sure. Prefer today but lets see
Indeed....Cable in berserk mode. Trying to brake through 1.4040.
326 traders viewing now, 1 is registered:
Ahsan