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Cable Update (GBPUSD)

  • #432,021
  • Jun 8, 2016 3:45am Jun 8, 2016 3:45am
Quoting iamawaited
{quote} what does that mean???
It means "you will ride eternal, shiny and chrome..."
Don't Leave Money on the Table
  • #432,022
  • Jun 8, 2016 3:58am Jun 8, 2016 3:58am
Quoting HaLBot
{quote} It means "you will ride eternal, shiny and chrome..."
Hahaha.... Surely Not!
Trading Eternal...... Shiny & Chrome!!!!
  • #432,023
  • Jun 8, 2016 4:03am Jun 8, 2016 4:03am
Quoting iamawaited
{quote} Hahaha.... Surely Not!


I thinks it's Indonesian or maybe Malaysian but don't know what he's saying....
Don't Leave Money on the Table
  • #432,024
  • Jun 8, 2016 4:05am Jun 8, 2016 4:05am
Quoting iamawaited
{quote} Hahaha.... Surely Not!
Malaysia... I also don't know what it means
Libenter homines id quod volunt credunt
  • #432,025
  • Jun 8, 2016 4:11am Jun 8, 2016 4:11am
Apparently Cable is following UK Gilts lower as traders buy gilts to hedge against the uncertainty of the UK referendum, means gilt yields are falling which has a direct affect on pound...
Don't Leave Money on the Table
  • #432,026
  • Jun 8, 2016 4:35am Jun 8, 2016 4:35am
it's swinging so hard, best to only trade brexit news :/
The only true wisdom is in knowing you know nothing.
  • #432,027
  • Jun 8, 2016 4:40am Jun 8, 2016 4:40am
Quoting HaLBot
Apparently Cable is following UK Gilts lower as traders buy gilts to hedge against the uncertainty of the UK referendum, means gilt yields are falling which has a direct affect on pound...
no trade for me so far
  • #432,028
  • Jun 8, 2016 4:40am Jun 8, 2016 4:40am
Come on Pound just one little push to 4600 then I'll leave you alone.....LOL
Don't Leave Money on the Table
  • #432,029
  • Jun 8, 2016 4:41am Jun 8, 2016 4:41am
Quoting adetola99
{quote} no trade for me so far
Yep hard to trade this PA...all over the shop

And I thought euro was good for a shot at 1400 today as well....so far just ranging
Don't Leave Money on the Table
  • #432,030
  • Jun 8, 2016 5:22am Jun 8, 2016 5:22am
Trend view updated:

Numbering is on supply demand concept - under evaluation/learning. In this view, last wave of a trend seems to be supply-demand fight for new opposite trend. This could be explanation why some corrections are two-wave or abc rather than three-wave trend. Also, it does not care about extreme movements of price. At least it will prove that the market is always right

Attached Image (click to enlarge)
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...
  • #432,031
  • Jun 8, 2016 5:29am Jun 8, 2016 5:29am
Quoting iamawaited
Cable today Maybe???? {image}
I really wonder what is happening with EU and NU... they should both make good buys for 200 pips only IF they can come 100 pips down. i would love to see 1.4680 today. Still waiting to see if it goes about 70 pips down so i can load more buy lots but if it does not i hope my pips are awaited!!
Trading Eternal...... Shiny & Chrome!!!!
  • #432,032
  • Jun 8, 2016 5:46am Jun 8, 2016 5:46am
Quoting HaLBot
Come on Pound just one little push to 4600 then I'll leave you alone.....LOL
are you in the market
  • #432,033
  • Jun 8, 2016 5:48am Jun 8, 2016 5:48am
God this is a boring market this week!
  • #432,034
  • Jun 8, 2016 5:52am Jun 8, 2016 5:52am
Quoting adetola99
{quote} are you in the market
Yes I'm trading, but I'm almost about to gnaw a foot of it's so painful....LOL

I got caught out with that drop from 4552 to 4500, didn't have time to put in sl, lucky it clawed it's way back and then good news pushed it higher, had it dropped below 4500 was gonna close out trade.....phew close call..
Don't Leave Money on the Table
  • #432,035
  • Jun 8, 2016 5:56am Jun 8, 2016 5:56am
Quoting HaLBot
{quote} Yes I'm trading, but I'm almost about to gnaw a foot of it's so painful....LOL
BE presently
  • #432,036
  • Jun 8, 2016 5:59am Jun 8, 2016 5:59am
Cable is stuck in a relatively wide range between 1.4330 and 1.4740 which is most obvious on the daily time frame. Currently it's rising towards 1.4600 again. I don't think we'll see the range end before Brexit. I am not even sure I want to trade this pair, considering how undecided it is right now.
  • #432,037
  • Jun 8, 2016 6:05am Jun 8, 2016 6:05am
Gbp you are so soft "puppy". What is needed
  • #432,038
  • Jun 8, 2016 6:18am Jun 8, 2016 6:18am
Quoting adetola99
{quote} BE presently
8 pips up and closed
  • #432,039
  • Jun 8, 2016 6:20am Jun 8, 2016 6:20am
If anyone is interested over 1.13800 I think Euro is good for a buy
Don't Leave Money on the Table
  • #432,040
  • Jun 8, 2016 6:46am Jun 8, 2016 6:46am
600 pips upward move (targeting 1.50 -1.51) in next 14 days is a possible scenario on the table for Cable...

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There's no harm in being smtm wrong especially if one is promptly found out
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