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Cable Update (GBPUSD)

  • #431,221
  • May 24, 2016 12:33am May 24, 2016 12:33am
UK news out in 1 hour and Carney 1.5 hours...
Don't Leave Money on the Table
  • #431,222
  • May 24, 2016 12:36am May 24, 2016 12:36am
Rise in Nikkei and Dow fueling Cable and price well above Daily PP of 4490
Don't Leave Money on the Table
  • #431,223
  • May 24, 2016 12:48am May 24, 2016 12:48am
Quoting HaLBot
I'd be careful about expecting a decline.....due diligence required whether up or down
I am with you on this
  • #431,224
  • May 24, 2016 12:49am May 24, 2016 12:49am
Yeah I asked for a rally, and they gave 50 pips so far.....LOL
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  • #431,225
  • May 24, 2016 12:52am May 24, 2016 12:52am
I Guess they always know what to do and you are always right with your point
  • #431,226
  • May 24, 2016 12:59am May 24, 2016 12:59am
Quoting adetola99
I Guess they always know what to do and you are always right with your point
No way, not always right but I did see that yesterdays Daily candle was an indecision candle so market could go either way and 4hr candles were gradually rising so possibility of bull run, and then rises on Dow and Nikkei fueled Cable
Because stronger Nikkei means weaker Yen, drives up Dollar and Cable as yen is a safe haven currency, so weaker yen means it's a risk on day.....oh yeah....
Don't Leave Money on the Table
  • #431,227
  • May 24, 2016 1:08am May 24, 2016 1:08am
Just goes to show it's no over till it's over, one very lucky Buffalo

Inserted Video
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  • #431,228
  • May 24, 2016 1:11am May 24, 2016 1:11am
Quoting HaLBot
{quote} Why is that, because 4hr building a flag pattern???? {image}
you just see the move a bit right?...
  • #431,229
  • May 24, 2016 1:19am May 24, 2016 1:19am
Quoting HaLBot
"Rally Rally Rally" "Whata want" "A Rally" "When do you want it!" "NOW!!!!!!!"..........LOL
Kucink I demanded a rally, and they gave one....

I didn't know it was going to rally just had a feeling it would...glad to be right this time..
Don't Leave Money on the Table
  • #431,230
  • May 24, 2016 1:21am May 24, 2016 1:21am
Quoting HaLBot
{quote} No way, not always right but I did see that yesterdays Daily candle was an indecision candle so market could go either way and 4hr candles were gradually rising so possibility of bull run, and then rises on Dow and Nikkei fueled Cable Because stronger Nikkei means weaker Yen, drives up Dollar and Cable as yen is a safe haven currency, so weaker yen means it's a risk on day.....oh yeah....
I guess you should be a mentor on this forum because I look at your view on the market flow and I made 40 pips. I was about to short when I saw your post so I had to look at the chart again and I went long and it pays thank you
  • #431,231
  • May 24, 2016 1:22am May 24, 2016 1:22am
Quoting adetola99
{quote} I guess you should be a mentor on this forum because I look at your view on the market flow and I made 40 pips. I was about to short when I saw your post so I had to look at the chart again and I went long and it pays thank you
That's bloody awesome

Yeah I grabbed 40 too, makes up for drop yesterday when I went backwards because I didn't expect it to drop so much, always expect unexpected with cable, I noticed a lot of trading houses were caught by sudden sell of from 4664, saying they didn't expect it.
Don't Leave Money on the Table
  • #431,232
  • May 24, 2016 1:29am May 24, 2016 1:29am
Quoting HaLBot
{quote} Kucink I demanded a rally, and they gave one.... I didn't know it was going to rally just had a feeling it would...glad to be right this time..
I read somewhere, that brexit poll is the reasn for the jump, last time it is jump 200 Pips, brexit the sentiment used by bigboys to shake Pound..
Seems like your rally have strong reason now
  • #431,233
  • May 24, 2016 1:36am May 24, 2016 1:36am
yes I was in the long yesterday but I was saved by using my reversal move to get back my negative trade
  • #431,234
  • May 24, 2016 1:37am May 24, 2016 1:37am
Quoting KucinkGaronk
{quote} I read somewhere, that brexit poll is the reasn for the jump, last time it is jump 200 Pips, brexit the sentiment used by bigboys to shake Pound.. Seems like your rally have strong reason now
There could be something in that...Brexit but also look at rallys in Nikkei and Dow today and you'll see they pretty much mirror GU GP and UJ, means it's a risk-on day, meaning investors are more likely to buy riskier assets like the Pound...
One of my favourite times to buy cable when Eur/Gbp is plummeting and GU, GP and UJ are all rallying, guaranteed to make money in my books....
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  • #431,235
  • May 24, 2016 1:39am May 24, 2016 1:39am
Quoting adetola99
yes I was in the long yesterday but I was saved by using my reversal move to get back my negative trade
Yeah same here I covered my long trade but tried to go long later and got caught
Don't Leave Money on the Table
  • #431,236
  • May 24, 2016 1:43am May 24, 2016 1:43am
Carney in 20minutes and don't talk down the poundunless your a Bear trader then he's your best friend.....
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  • #431,237
  • May 24, 2016 1:52am May 24, 2016 1:52am
listening to this at the moment waiting for Carney.......effing love this song hahaha

Inserted Video
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  • #431,238
  • May 24, 2016 1:54am May 24, 2016 1:54am
Quoting HaLBot
Carney in 20minutes and don't talk down the poundunless your a Bear trader then he's your best friend.....
Take some breath between.............................. post !!!hhaah
Say something meaningful or Silence!!
  • #431,239
  • May 24, 2016 1:56am May 24, 2016 1:56am
Quoting classy
{quote} Take some breath between.............................. post !!!hhaah
hahahahahaha.....sorry M8 if no one else posts I'll just keep doing it.....I'll ease up, someone throw down a chart...
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  • #431,240
  • May 24, 2016 2:14am May 24, 2016 2:14am
quick 100 move
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