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Cable Update (GBPUSD)

  • #433,841
  • Jun 30, 2016 3:17pm Jun 30, 2016 3:17pm
Quoting Denx
{quote} 32240 here. what's your target man.
Nice easy pips 100 plus gl
  • #433,842
  • Jun 30, 2016 3:19pm Jun 30, 2016 3:19pm
Highway to the Dangerzone
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Buying the plunge. Orders 30 to 160 pips deep all the way down to Memphis
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Demo only
  • #433,843
  • Jun 30, 2016 3:24pm Jun 30, 2016 3:24pm
Anybody shorting from 1.3370 down to 1.3270?
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Demo only
  • #433,844
  • Jun 30, 2016 3:34pm Jun 30, 2016 3:34pm
Quoting elbert3
{quote} I sold my trade from the start of the week if you read my post at 3488 and now looking at that gap fill I have auto buy at 3156 and 3000 my thinking is that it's not been this low for years so just buy it I don't endorse traders with new low accounts , regards
Nice short there you got. Gl to u. I think 1.4 is still achievable if this ny closed as pinbar candle.
  • #433,845
  • Jun 30, 2016 3:41pm Jun 30, 2016 3:41pm
Quoting elbert3
{quote} Nice easy pips 100 plus gl
Yeah. I've got decent stop loss here.
  • #433,846
  • Jun 30, 2016 7:09pm Jun 30, 2016 7:09pm
The pair is likely to increase its pressure on the downside after Carney’s dovish speech on Thursday, important psychological support level remain at 1.30 level.
  • #433,847
  • Jun 30, 2016 7:54pm Jun 30, 2016 7:54pm
Quoting csc2009
The pair is likely to increase its pressure on the downside after Carneys dovish speech on Thursday, important psychological support level remain at 1.30 level.
His speech was pretty much negated by Bullards speech. The DX reversed its move up and Cables drop was halted (ATM)...The DX has a chunky price gap from the open last Friday to be filled @93.34. Also, the markets Equilibrium and Balance Point for the prior week is at 94.93 and should trade...maybe today. Going into the 4th of July holiday may kick the $ around a bit.
I may not be right...BUT, I am never wrong
  • #433,848
  • Edited Jul 1, 2016 12:38am Jun 30, 2016 11:36pm | Edited Jul 1, 2016 12:38am
Quoting Lock
{quote} first POC at 13335 taken out second one at 13202 ...) {image}
a visual recap from yesterday: note that the last pit session POC at 13202 has been taken out "AT THE PIP" by yesterday pit action.

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major timeframes and current week profile:

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...I'll be off next hours
Ubi maior minor cessat
  • #433,849
  • Jun 30, 2016 11:42pm Jun 30, 2016 11:42pm
Quoting csc2009
The pair is likely to increase its pressure on the downside after Carneys dovish speech on Thursday, important psychological support level remain at 1.30 level.
I'd be scared if I were looking to short this in the long term.
H4:
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H1:
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Demo only
  • #433,850
  • Jul 1, 2016 3:37am Jul 1, 2016 3:37am
Nice June Markit Manufacturing PMI..

Give it to the Europeans.....
Don't Leave Money on the Table
  • #433,851
  • Jul 1, 2016 3:53am Jul 1, 2016 3:53am
Snatched a really good short entry, time to ride it

TP2: 1.326

1.33 will most probably fail to hold just like 1.34

cheers,
happy fridays
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  • #433,852
  • Jul 1, 2016 4:10am Jul 1, 2016 4:10am
Quoting openyoureyes
Snatched a really good short entry, time to ride it TP2: 1.326 1.33 will most probably fail to hold just like 1.34 cheers, happy fridays {image} {image}
Yep nice entry....

I have it as my TP for a 13300 buy and will short from there if it returns, that or close out buy early....
Don't Leave Money on the Table
  • #433,853
  • Jul 1, 2016 4:16am Jul 1, 2016 4:16am
Quoting _BBKing_
Hi everyone came here just to leave an heads up on EUR / GBP quarterly chart just in case someone forgot about. I have the feeling the value of this cross is quite low since a correct rate should be in long terem between .90 and 1.0 Will be very interesting to see how this chart will appear in 1 month from now. Maybe total no change {image}
Hi again

quoting my previous post about EURGBP.
well... not yet a month passed but chart now shows something quite clear and interesting
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90% of traders use TA, indicators and prediction
  • #433,854
  • Jul 1, 2016 4:46am Jul 1, 2016 4:46am
Sold. 1.3000 target
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #433,855
  • Jul 1, 2016 5:09am Jul 1, 2016 5:09am
Quoting iamawaited
I think GU has not found that sweet sell spot yet. The expected sweet sell spot is above the H1 high somewhere. i would only sell above that 50 FIB level. but that is just me. {image}
cable is going up from what i see. it has not found that sweet sell spot just yet. it altered the formations yesterday. i have my eyes on it though.
Trading Eternal...... Shiny & Chrome!!!!
  • #433,856
  • Jul 1, 2016 5:15am Jul 1, 2016 5:15am
Quoting openyoureyes
Snatched a really good short entry, time to ride it TP2: 1.326 1.33 will most probably fail to hold just like 1.34 cheers, happy fridays {image} {image}
Yes, you can say that. The potential for further southward move is there.

KP
Do your homework, follow the footprints of smart money
  • #433,857
  • Jul 1, 2016 5:30am Jul 1, 2016 5:30am
Quoting openyoureyes
Snatched a really good short entry, time to ride it TP2: 1.326 1.33 will most probably fail to hold just like 1.34 cheers, happy fridays
TP hit.
maybe reverse here if you daytrade, I won't long GBP

IMHO adding sell stops below ~1.32400 will make sure you don't miss out a flash sell.
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  • #433,858
  • Jul 1, 2016 5:57am Jul 1, 2016 5:57am
Quoting Lock
{quote} .... note that the last pit session POC at 13202 has been taken out "AT THE PIP" by yesterday pit action. {image} major timeframes and current week profile: {image} ...I'll be off next hours
A visual update 1 hour before preUS open.

GB very narrow range. period m30 H is inside G: possible break up or down from here.

above

  1. GB open with a gap lower: not retraced up to now.
  2. poor high for Tokyo 13348 and GB 13325.
  3. Above we have yesterday pit session minus development up to 13395.

below

  1. GB low is weak as round 13250


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Ubi maior minor cessat
  • #433,859
  • Jul 1, 2016 5:59am Jul 1, 2016 5:59am
Quoting Lock
{quote} A visual update 1 hour befor preUS open. {image}
I really wish to understand any of thous (is this just me!)
but can u provide some explanation if u like?
Investing is SIMPLE but NOT EASY
  • #433,860
  • Jul 1, 2016 6:02am Jul 1, 2016 6:02am
Quoting Lock
{quote} A visual update 1 hour befor preUS open. {image}
Hey Lock,

I have a hard time understanding your chart, also been on the PC for some hours now so going cross eyed to....So what are you saying???
Don't Leave Money on the Table
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