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Cable Update (GBPUSD)

  • #434,381
  • Jul 12, 2016 9:19am Jul 12, 2016 9:19am
Closed longs from 129 450 - 200 pips each.
Looking to re Load tomorrow or short it.

..
  • #434,382
  • Jul 12, 2016 10:32am Jul 12, 2016 10:32am
Thank GOD I followed what was on my chart and not some trade idea given in this forum
I stuck to my long trade.
when the chart says short, then I will do that.
  • #434,383
  • Jul 12, 2016 10:52am Jul 12, 2016 10:52am
Price Daily End,

see you tomorrow

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 128 KB
  • #434,384
  • Jul 12, 2016 10:55am Jul 12, 2016 10:55am
gbp looks like this ,


Quoting Bones
gbp itself is at support zone ,would be super bad to take it this month ,the month close /open next week will give the true extent what next {quote} {image}
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #434,385
  • Jul 12, 2016 11:02am Jul 12, 2016 11:02am
Quoting Bones
gbp looks like this , {quote} {image}
Nice pinbar is forming.
Looks like bulls are back for good.
youtube.com/@pantherfxt
  • #434,386
  • Jul 12, 2016 11:05am Jul 12, 2016 11:05am
good news for tech traders since mostly fundi is doom and gloom ,but technically down is not easy at that location


Quoting Bones
Hi H , yea I went into week bullish ,prior to that bearish for some time ,only really huge fall into that location ,longer term questionable clearly downtrend within a range what were looking at is large ,fresh ,pretty supply higher high TF I would note though 13500 is a previous swing jan 2009 {quote} {image}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 gbp USD 6 month (DFB).png Size: 28 KB
Click to Enlarge Name: 1 2 day USD (DFB).png Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #434,387
  • Jul 12, 2016 11:17am Jul 12, 2016 11:17am
i believe i u fly i believe u can touch the sky .... but i don't think this day and but now .....
this day i'm lose i'm not hold my buy order on 3 hr later

THIS IT "CABLE" FIGHT LIKE "Sparta" 3000 point in one day congratulation for all trader time for my sleep bye be have a nice day trade

someone say this it just intro see the next no thursday
  • #434,388
  • Jul 12, 2016 11:19am Jul 12, 2016 11:19am
a way to go ,sure would be interesting for close ,w1 is engulf where you might want it ,but monthly price is close to open gbp lfx ,somehow I don't see over 1.4 cable anytime soon if it went there id be looking to sell it

Quoting Polleczko
{quote} Nice pinbar is forming. Looks like bulls are back for good.
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #434,389
  • Jul 12, 2016 11:26am Jul 12, 2016 11:26am
Quoting adetola99
Thank GOD I followed what was on my chart and not some trade idea given in this forum I stuck to my long trade. when the chart says short, then I will do that.
Good for you. You need the ideas on the forum to check what you are thinking but trading your chart and what you are comfortable with is key. Bottom line? Consistent profitability, lol.

KP
Do your homework, follow the footprints of smart money
  • #434,390
  • Jul 12, 2016 11:56am Jul 12, 2016 11:56am
Quoting KeenPips
{quote} Good for you. You need the ideas on the forum to check what you are thinking but trading your chart and what you are comfortable with is key. Bottom line? Consistent profitability, lol. KP
thanks bro
  • #434,391
  • Jul 12, 2016 12:46pm Jul 12, 2016 12:46pm
could well be its unlikely to see 1.3 again this week ,good to see Carney questioned on the independence of BOE today ,clearly they went too far in favour of EU the governments position .there is still this open gap

Quoting Bones
half day is a pin ,price is diverging ,one good thing is this is really moving range wise ,my reading data would need to be super good USD for rise given situ Wall Streets odds have reversed since the Brexit vote. Wall Street is betting Brexit will change the minds of the Janet Yellen and the Federal Reserve. The probability of a federal funds rate hike at the Feds next three monthly meetings has collapsed to 0%, and traders are assigning a less than 8% chance of a rate increase at all this year. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 1 use gbp USD (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #434,392
  • Jul 12, 2016 12:47pm Jul 12, 2016 12:47pm
As a client of Forex Capital Markets Limited, which is headquartered in London and regulated by the Financial Conduct Authority (FCA), I want to send a message to you in light of the UK’s recent vote to leave the European Union. Many clients have called in asking what to expect and how this result will affect their account and the services that FXCM provides.
In short, nothing changes. You can expect the same great service from the same great people.
The UK government has at least 2 years to negotiate a new relationship with the EU from the moment Article 50 is invoked. In that time, it’s business as usual. Many different scenarios about how the new relationship could be structured have already been proposed but in the vast majority of those scenarios, the regulatory regime will continue in its current form. It is also very likely that nothing will change even beyond that two year window.
FXCM will be following the situation very closely and will inform you of any relevant updates.
In the meantime please see the below FAQs.
  • #434,393
  • Jul 12, 2016 1:10pm Jul 12, 2016 1:10pm
Quoting Mayly-May
i believe i u fly i believe u can touch the sky .... but i don't think this day and but now ..... this day i'm lose i'm not hold my buy order on 3 hr later THIS IT "CABLE" FIGHT LIKE "Sparta" 3000 point in one day congratulation for all trader time for my sleep bye be have a nice day trade someone say this it just intro see the next no thursday
likewise
  • #434,394
  • Jul 12, 2016 1:12pm Jul 12, 2016 1:12pm
Quoting mbahbejo
in my mind i only sell this pair, see and wait for the best position to open sell.
Let me know when you about to sell.
Artist lead and hacks ask for a show of hands.
  • #434,395
  • Jul 12, 2016 1:43pm Jul 12, 2016 1:43pm
gbp jpy has rallied 1000 pips ,level of support is a big bear problem,in the past held huge moves
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 gbp JPY 6 month (DFB).png Size: 26 KB
Click to Enlarge Name: 1 gbp JPY w1 (DFB).png Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #434,396
  • Jul 12, 2016 1:59pm Jul 12, 2016 1:59pm
fill the gap ? Big Boeing order on the table . Carney will leave rate the same and up cable goes ?
  • #434,397
  • Jul 12, 2016 2:01pm Jul 12, 2016 2:01pm
Quoting bithedz
Price Daily End, see you tomorrow {image}
Nice trades
  • #434,398
  • Jul 12, 2016 2:15pm Jul 12, 2016 2:15pm
Hi there

ANyone trading from jforex here?

I developed a simple but effective tool to hide show positions from chart in 1 click

Full description link to dukas website

Would like to create a jforex thread but looks like there are really few people around using it...
90% of traders use TA, indicators and prediction
  • #434,399
  • Jul 12, 2016 3:56pm Jul 12, 2016 3:56pm
Hey all, hope we are all making green pips.
Sorry to bother all of you but would you advise GBP/USD to be suitable for a noob?
UK Account trading from Canada with £400 opening balance. Trading 212
Thanks in advanced for any advice.
  • #434,400
  • Jul 12, 2016 5:37pm Jul 12, 2016 5:37pm
i see a retracement to 1.3170 - 80 and then maybe another leg up, could continue falling though! Will see how it rolls out
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