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Cable Update (GBPUSD)

  • #433,921
  • Jul 4, 2016 3:07am Jul 4, 2016 3:07am
Attached Image (click to enlarge)
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I''m waiting in Pound one more shot to down/ Global balance is short. The best point will on long provocation which will be.
  • #433,922
  • Jul 4, 2016 3:15am Jul 4, 2016 3:15am
Total range since 8am has been 26 pips!
  • #433,923
  • Jul 4, 2016 3:26am Jul 4, 2016 3:26am
Quoting Fader123
Total range since 8am has been 26 pips!
Hey Fader

Yep and my spreads out to 3 pips now.....sheeeeeeez

Sometimes I wanna ring up some of these trading houses and say..."GROW SOME BALLS YOU PUSSIES AND START TRADING.."
Don't Leave Money on the Table
  • #433,924
  • Jul 4, 2016 3:35am Jul 4, 2016 3:35am
Quoting HaLBot
{quote} Hey Fader Yep and my spreads out to 3 pips now.....sheeeeeeez Sometimes I wanna ring up some of these trading houses and say..."GROW SOME BALLS YOU PUSSIES AND START TRADING.."
Someone must have heard us...LOL
Don't Leave Money on the Table
  • #433,925
  • Jul 4, 2016 3:38am Jul 4, 2016 3:38am
Quoting Lock
{quote} ....while below 132705 level is weaker and weaker.
Eventually taken out, but during news. And we come from 13289 that is friday GB unch: weak. I do not like this market at all.
Ubi maior minor cessat
  • #433,926
  • Jul 4, 2016 3:39am Jul 4, 2016 3:39am
GBPUSD, July 4th, 2016
.
.
Inserted Video
  • #433,927
  • Jul 4, 2016 3:40am Jul 4, 2016 3:40am
Wow that construction number is the worst since about 2010
  • #433,928
  • Jul 4, 2016 3:40am Jul 4, 2016 3:40am
Quoting Lock
{quote} Eventually taken out, but during news. And we come from 13289 that is friday GB unch: weak. I do not like this market at all.
Yep woeful figure and market looking for a reason to sell of pound
Don't Leave Money on the Table
  • #433,929
  • Jul 4, 2016 3:46am Jul 4, 2016 3:46am
Quoting Lock
[...]

below

  1. 13281 friday GB 07.01 close Tokyo cluster: weak
  2. 132705 today Tokyo 07.04 poor low
  3. 132435 bacl to back Sydney current week low with friday SU pit low: weak

and current 13250 is round weak also. Anyway not a market in which I would like to be involved with real money.
Ubi maior minor cessat
  • #433,930
  • Jul 4, 2016 3:53am Jul 4, 2016 3:53am
Quoting HaLBot
{quote} Yep woeful figure and market looking for a reason to sell of pound

Yes, and watch out below 13250, very bad things above, volatility, low liquidity: what a good cocktail for a tricky day.
Ubi maior minor cessat
  • #433,931
  • Jul 4, 2016 4:01am Jul 4, 2016 4:01am
Good morning! Here is my S/R zones setup for today's trading. Today I expect more pullbacks than breakouts due to a lack of fundamental news and bank holiday. If we will break the current support I see next supports somewhere around 1.3230 - 1.3235 and 1.3204 - 1.3213.

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Acta non verba
  • #433,932
  • Jul 4, 2016 4:05am Jul 4, 2016 4:05am
I'm not saying it will head south but looks that way and theres a lot of analysts who want to be proved right tipping Cable will be at 125 or lower by Christmas....I want them to be proved wrong because that means the politicians have bit the bullet and set about making UK economy strong after Brexit
Don't Leave Money on the Table
  • #433,933
  • Jul 4, 2016 4:11am Jul 4, 2016 4:11am
Quoting Lock
{quote} Yes, and watch out below 13250, very bad things above, volatility, low liquidity: what a good cocktail for a tricky day.

...and this is exactly how a tricky day looks like.. Current 13370 is GB hb so weak. Below still unresolved anyway..
Ubi maior minor cessat
  • #433,934
  • Jul 4, 2016 4:13am Jul 4, 2016 4:13am
Quoting tandixo
GBPUSD, July 4th, 2016 . . https://www.youtube.com/watch?v=b381WYaCYmo
Good call, from support bounced up to at least 20pips
  • #433,935
  • Jul 4, 2016 4:15am Jul 4, 2016 4:15am
Quoting Lock
{quote} Yes and today there is huge volatility due to low liquidity: so there is no shame in not to trade in such environment.
You do realize that low liquidity and high volatility are the great circumstances to make a fast buck. EURCHF 15.1.2015. From ca. 0.85 to 0.90 in 2 minutes? It is a shame to not trade today (actually an day)
Demo only
  • #433,936
  • Jul 4, 2016 4:19am Jul 4, 2016 4:19am
Quoting bg_sunny
{quote} You do realize that low liquidity and high volatility are the great circumstances to make a fast buck. EURCHF 15.1.2015. From ca. 0.85 to 0.90 in 2 minutes? It is a shame to not trade today (actually an day)

Well, if you're fast enough and able to decipher such a day, go ahead! You're welcome. I know I'm not, so I'll not be in this party (with real money-edit).
Ubi maior minor cessat
  • #433,937
  • Jul 4, 2016 4:29am Jul 4, 2016 4:29am
Quoting Lock
{quote} Well, if you're fast enough and able to decipher such a day, go ahead! You're welcome. I know I'm not, so I'll not be in this party (with real money-edit).
Admittedly I would be too scared to just trade one position in such a scenario (actually any scenario).
Demo only
  • #433,938
  • Jul 4, 2016 4:49am Jul 4, 2016 4:49am
Quoting bg_sunny
{quote} Admittedly I would be too scared to just trade one position in such a scenario (actually any scenario).
maybe one of the thing that helps me more is to simply look at market informations. For instance, where is price now compared to friday? Price is exactly 2 pips above fridey GB close. So, what this info means to me? It means that nothing is happening. When market is saying me that nothing is happening why have I to do something?
Ubi maior minor cessat
  • #433,939
  • Jul 4, 2016 4:55am Jul 4, 2016 4:55am
Quoting HaLBot
{quote} Someone must have heard us...LOL
Lol- spreads have been very poor for me almost like an Asian session
Going to take the day off
Have a good one
  • #433,940
  • Jul 4, 2016 5:02am Jul 4, 2016 5:02am
Quoting Fader123
{quote} Lol- spreads have been very poor for me almost like an Asian session Going to take the day off Have a good one
Cheers Fader....
Don't Leave Money on the Table
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