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Cable Update (GBPUSD)

  • #431,361
  • May 25, 2016 4:10pm May 25, 2016 4:10pm
Cheers guys - hopefully there will be some negative news on the pound on Friday and we can get even more green pips
  • #431,362
  • May 25, 2016 7:40pm May 25, 2016 7:40pm
#GBPUSD so far looking good, closed above 45D, pyramid style will begin, I have a buy order ! 1.4730..... expecting prices to go higher
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #431,363
  • May 26, 2016 12:52am May 26, 2016 12:52am
Quoting vladutz112
{quote} where did u saw this?
On FX Street following link.
http://www.fxstreet.com/news/gbp-usd...0-201605251540
  • #431,364
  • May 26, 2016 2:06am May 26, 2016 2:06am
Quoting USDollar
#GBPUSD so far looking good, closed above 45D, pyramid style will begin, I have a buy order ! 1.4730..... expecting prices to go higher {image}
London Open, it started moving up.
  • #431,365
  • May 26, 2016 2:14am May 26, 2016 2:14am
It has to come to 1.46 for moving up in better force.:nerd:
  • #431,366
  • May 26, 2016 2:15am May 26, 2016 2:15am
200 day ma at 1.4777 and I have daily pivot at 1.4673....

the 15min 30min 1hr and 4hr all look positive to me, a break over 4740 and I see 4777 easily
Don't Leave Money on the Table
  • #431,367
  • May 26, 2016 2:21am May 26, 2016 2:21am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.gif Size: 195 KB
  • #431,368
  • May 26, 2016 2:22am May 26, 2016 2:22am
Quoting HaLBot
200 day ma at 1.4777 and I have daily pivot at 1.4673.... the 15min 30min 1hr and 4hr all look positive to me, a break over 4740 and I see 4777 easily
Daily Pivot is at 1.4265 and Hourly Pivot 1.4640 as per central trade.:nerd:
  • #431,369
  • May 26, 2016 2:24am May 26, 2016 2:24am
Quoting a16908
{quote} Daily Pivot is at 1.4265 and Hourly Pivot 1.4640 as per central trade.:nerd:

hmmmmm could be old information, 4265 seems incorrect or could be a typo...

I've triple checked it and come up with 4673
Don't Leave Money on the Table
  • #431,370
  • May 26, 2016 2:35am May 26, 2016 2:35am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 42 KB
  • #431,371
  • May 26, 2016 2:36am May 26, 2016 2:36am
Quoting HaLBot
{quote} hmmmmm could be old information, 4265 seems incorrect or could be a typo... I've triple checked it and come up with 4673
one thing with indicators, it shows past data not present my rules only allow me use pivot point and the rest is market flow
  • #431,372
  • May 26, 2016 2:41am May 26, 2016 2:41am
Quoting adetola99
{quote} one thing with indicators, it shows past data not present my rules only allow me use pivot point and the rest is market flow
So you use hourly PP for entries? as I have it at 4719

I mean if trading above or below hourly PP will influence your decision?
Don't Leave Money on the Table
  • #431,373
  • May 26, 2016 2:48am May 26, 2016 2:48am
Quoting HaLBot
{quote} So you use hourly PP for entries? as I have it at 4719 I mean if trading above or below hourly PP will influence your decision?
I just ring Carney for the good oil...
Don't Leave Money on the Table
  • #431,374
  • May 26, 2016 2:51am May 26, 2016 2:51am
me thinks cable holding of until after news in 40 minutes, then we'll see some fireworks one way or the other......

Any predictions??
Don't Leave Money on the Table
  • #431,375
  • May 26, 2016 2:53am May 26, 2016 2:53am
Quoting HaLBot
{quote} I just ring Carney for the good oil...
daily
  • #431,376
  • May 26, 2016 3:03am May 26, 2016 3:03am
Quoting HaLBot
me thinks cable holding of until after news in 40 minutes, then we'll see some fireworks one way or the other...... Any predictions??
Sell GBPUSD for 200 pips
  • #431,377
  • May 26, 2016 3:05am May 26, 2016 3:05am
Quoting HaLBot
me thinks cable holding of until after news in 40 minutes, then we'll see some fireworks one way or the other...... Any predictions??
I don't try to trade the actual move as a result of the news but if GBP sells off it has solid support
TE started 6/4/19
  • #431,378
  • May 26, 2016 3:05am May 26, 2016 3:05am
Quoting mrnicecookie
{quote} Sell GBPUSD for 200 pips
Be great to sell for 200 pips..., but if GDP prelim comes in above expectations we will see 14800 easily...
Don't Leave Money on the Table
  • #431,379
  • May 26, 2016 3:09am May 26, 2016 3:09am
I can't see any confirmation for retracement yet, the more people sell it will climbing easily, 1.5750 is big level to be tested historically big supply there, seems like many sell limit above 1.4750 area, let see, if daily solid close above 1.4750 it will be wild bull to come... I can see big resistance there
  • #431,380
  • May 26, 2016 3:12am May 26, 2016 3:12am
Quoting HaLBot
{quote} Be great to sell for 200 pips..., but if GDP prelim comes in above expectations we will see 14800 easily...
But if it comes in within expectations i think a great sell off will come
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