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Cable Update (GBPUSD)

  • #431,101
  • May 20, 2016 4:26am May 20, 2016 4:26am
One day we have a poll saying overwhelming support for Bremain and today one for Brexit, us traders are getting whip-lashed.....sheeeeeez

http://news.forexlive.com/!/pound-di...sults-20160520
Don't Leave Money on the Table
  • #431,102
  • May 20, 2016 4:34am May 20, 2016 4:34am
seems to be decent support 550 with 630 in sight imo
  • #431,103
  • May 20, 2016 4:45am May 20, 2016 4:45am
Quoting HaLBot
{quote} painfully inching up....LOL
See support line and the Hourly Candle Wicks. Yes painfuly inching up.
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  • #431,104
  • May 20, 2016 4:47am May 20, 2016 4:47am
Quoting HaLBot
One day we have a poll saying overwhelming support for Bremain and today one for Brexit, us traders are getting whip-lashed.....sheeeeeez http://news.forexlive.com/!/pound-di...sults-20160520

Polls are created by people with vested interests and are skewing the results.

I'm from the North of England and working class. My friends, family and neighbours are all voting Out. Out of around 40 people only 1 wants to remain in. If that is representive of other working class people its pretty damning.
  • #431,105
  • May 20, 2016 4:47am May 20, 2016 4:47am
Quoting chazzle
seems to be decent support 550 with 630 in sight imo
Looks like it, I think 4600 is being defended by option expiries at 10.00am ET, looking like put options, that's my guess
Don't Leave Money on the Table
  • #431,106
  • May 20, 2016 4:52am May 20, 2016 4:52am
Quoting el_duende
{quote} Polls are created by people with vested interests and are skewing the results. I'm from the North of England and working class. My friends, family and neighbours are all voting Out. Out of around 40 people only 1 wants to remain in. If that is representive of other working class people its pretty damning.
Statistics shows that 73% of the statistics are made up.
The only true wisdom is in knowing you know nothing.
  • #431,107
  • May 20, 2016 5:02am May 20, 2016 5:02am
Quoting el_duende
{quote} Polls are created by people with vested interests and are skewing the results. I'm from the North of England and working class. My friends, family and neighbours are all voting Out. Out of around 40 people only 1 wants to remain in. If that is representive of other working class people its pretty damning.
Yeah I here you...as I see it the problem is you have these bureaucrats on another continent telling you what to do and creating laws detrimental to you without any understanding of the British people.
Euroland is about forcing a monetary policy onto everyone who joins and not caring about the social and political aspects of that country, thinking that's all they have to do is have a common currency to make it work. Basically run by Germany. France & Belgium and feeling leftout the P.I.I.G.S screwed up their economies as revenge. Well maybe not Ireland, that was different situation.
Don't Leave Money on the Table
  • #431,108
  • May 20, 2016 5:27am May 20, 2016 5:27am
Quoting arasheed
{quote} See support line and the Hourly Candle Wicks. Yes painfuly inching up.{image}
I am with you on this
  • #431,109
  • May 20, 2016 5:39am May 20, 2016 5:39am
Quoting arasheed
{quote} See support line and the Hourly Candle Wicks. Yes painfuly inching up.{image}
You sure it's not inching lower?

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Indentify > Plan > Accept > Execute
  • #431,110
  • May 20, 2016 5:40am May 20, 2016 5:40am
CBI Industrial Order Expectations came at-8 than projected-13 and previous-11
It is better better than expected -13.
  • #431,111
  • May 20, 2016 5:46am May 20, 2016 5:46am
Quoting arasheed
CBI Industrial Order Expectations came at-8 than projected-13 and previous-11 It is better better than expected -13.
yep it's a better figure, if it came in worse cable might have dropped below 4550...
Don't Leave Money on the Table
  • #431,112
  • May 20, 2016 5:48am May 20, 2016 5:48am
Quoting wizlon32
{quote} You sure it's not inching lower? {image}
Because it is neither moving moving lower since last 4 hours and CBI Industrial Order Expectations came less worse. IMHO.
  • #431,113
  • May 20, 2016 5:49am May 20, 2016 5:49am
Quoting HaLBot
{quote} yep it's a better figure, if it came in worse cable might have dropped below 4550...
Yes you think right.
  • #431,114
  • May 20, 2016 5:50am May 20, 2016 5:50am
Quoting arasheed
{quote} Yes you think right.
I always think right
Don't Leave Money on the Table
  • #431,115
  • May 20, 2016 6:00am May 20, 2016 6:00am
Quoting HaLBot
{quote} I always think right
Thats why I read your postings?
  • #431,116
  • May 20, 2016 6:22am May 20, 2016 6:22am
Quoting arasheed
{quote} Thats why I read your postings?
Thanks M8, I have a bit of knowledge of FX and try to post accurately about it but there are many guys and girls here that know way way more than me and I'm always learning
I learn from your posts to...
Don't Leave Money on the Table
  • #431,117
  • May 20, 2016 6:38am May 20, 2016 6:38am
Quoting HaLBot
{quote} Thanks M8, I have a bit of knowledge of FX and try to post accurately about it but there are many guys and girls here that know way way more than me and I'm always learning I learn from your posts to...
what is the next move been trying to manage my long position
  • #431,118
  • May 20, 2016 6:39am May 20, 2016 6:39am
going up and down are the big boys out of ideals
  • #431,119
  • May 20, 2016 6:46am May 20, 2016 6:46am
Quoting HaLBot
{quote} Thanks M8, I have a bit of knowledge of FX and try to post accurately about it but there are many guys and girls here that know way way more than me and I'm always learning I learn from your posts to...
Last hour candle of London session is Down,so NY open may go UP??
  • #431,120
  • May 20, 2016 6:49am May 20, 2016 6:49am
It's friday and she not going anywhere,

between dynamic S/D weekly and S/D monthly.

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