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Cable Update (GBPUSD)

  • #434,481
  • Jul 14, 2016 4:02am Jul 14, 2016 4:02am
Quoting Dr.Zain
{quote} baldmonk,,, The Pair touched Exactly 3105 @04:00 GMT!!!
Hi Dr good number I had 3111 as my last buy well done let's see if it goes up sl on now in case the boy sells gb short . Hope you good regards B
  • #434,482
  • Jul 14, 2016 4:09am Jul 14, 2016 4:09am
Quoting elbert3
{quote} Hi Dr good number I had 3111 as my last buy well done let's see if it goes up sl on now in case the boy sells gb short . Hope you good regards B
Nice to see you, where you been? Yours views if there is Rate cut and QE manipulation?
  • #434,483
  • Jul 14, 2016 4:46am Jul 14, 2016 4:46am
Who out of the 9 is hawkish and who are the Doves ..
Majority votes needed for the rate cut ..
  • #434,484
  • Jul 14, 2016 5:03am Jul 14, 2016 5:03am
hi, im new to here..just wanted to know what happens if BOE decide to cut the rates..i mean sell market or buy market.any what is the reason for that move??
thanks
  • #434,485
  • Jul 14, 2016 5:06am Jul 14, 2016 5:06am
Quoting kanchanajay
hi, im new to here..just wanted to know what happens if BOE decide to cut the rates..i mean sell market or buy market.any what is the reason for that move?? thanks
rate cut should cause a depreciation of the currency..
  • #434,486
  • Jul 14, 2016 5:28am Jul 14, 2016 5:28am
[quote=2012mysterio;9029003]{quote} rate cut should cause a depreciation of the currency.

thanks frnd
  • #434,487
  • Jul 14, 2016 5:43am Jul 14, 2016 5:43am
Quoting kanchanajay
hi, im new to here..just wanted to know what happens if BOE decide to cut the rates..i mean sell market or buy market.any what is the reason for that move?? thanks
things will get ugly if rate is cut, will be SELL SELL SELL for GBP/USD. no idea why lol. perhaps a more experienced trader can explain for us.
  • #434,488
  • Jul 14, 2016 5:51am Jul 14, 2016 5:51am
Carneys a clever boy, he never rushes - slow train running so lets see if he play the waiting game and moves the rate in AUGUST - quieter in that month too - as a summer cut first in 7 years .. whats one more month ..
  • #434,489
  • Jul 14, 2016 6:01am Jul 14, 2016 6:01am
Quoting dean1star
Carneys a clever boy, he never rushes - slow train running so lets see if he play the waiting game and moves the rate in AUGUST - quieter in that month too - as a summer cut first in 7 years .. whats one more month ..

yes he did it.
  • #434,490
  • Jul 14, 2016 6:02am Jul 14, 2016 6:02am
0-1-80-9-00-0-9

There you go did not get the votes needed .. clever very clever move.
  • #434,491
  • Jul 14, 2016 6:04am Jul 14, 2016 6:04am
Quoting TaoTrader
{quote} I dont really understand all the info on your chart. My 4 hour chart looks a lot different than yours. Is this screenshot a "zoomed out" view? I studied your chart for a while trying to follow your PA, and it seems like you're starting on the lower time frames to do your analysis. If so, then we are in disagreement because as I mentioned to someone earlier if you start on the lower time frame you will see an uptrend in this instance where there really is NOT one. If i'm wrong about your approach I apologize.
you see??? i told you it will burst that high earlier. GL anyways.

BE WARY PEOPLE NO SIGN OF TOP BEING HIT JUST YET SO I WOULDNT SELL JUST YET.
Trading Eternal...... Shiny & Chrome!!!!
  • #434,492
  • Jul 14, 2016 6:04am Jul 14, 2016 6:04am
Quoting dean1star
Carneys a clever boy, he never rushes - slow train running so lets see if he play the waiting game and moves the rate in AUGUST - quieter in that month too - as a summer cut first in 7 years .. whats one more month ..


spot on...
  • #434,493
  • Jul 14, 2016 6:07am Jul 14, 2016 6:07am
Mark Carney lie still 0.50% (or forex factory forecast lie)
Back to old point haha
  • #434,494
  • Jul 14, 2016 6:13am Jul 14, 2016 6:13am
objective 3500
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #434,495
  • Jul 14, 2016 6:14am Jul 14, 2016 6:14am
Quoting Dr.Zain
{quote} Nice to see you, where you been? Yours views if there is Rate cut and QE manipulation?
Hi I have a big building project on the go hence few charts posted . I hope you went long at your number call ? Regards B
  • #434,496
  • Jul 14, 2016 6:15am Jul 14, 2016 6:15am
wow stay still 0.5%

200pips up after news release
  • #434,497
  • Jul 14, 2016 6:15am Jul 14, 2016 6:15am
is gbp a buy or sell?
  • #434,498
  • Jul 14, 2016 6:16am Jul 14, 2016 6:16am
Quoting elbert3
come on carney don't sell gb short there is no need to . Other wise it will be like shorting a good trading company just because the boys want to . You know how it works one sells they all sell and for what ?????
Well done . He must read my posts lol come on gb
  • #434,499
  • Jul 14, 2016 6:17am Jul 14, 2016 6:17am
Massive selling pressure...

Maybe they bring it back to where it was...

under 1.3300...
There's no harm in being smtm wrong especially if one is promptly found out
  • #434,500
  • Edited 6:29am Jul 14, 2016 6:17am | Edited 6:29am
heres the weekly on another GBP pair ,the weekly is a day traders best friend ,by Wed /Thursday mostly it can't be changed check the story
this candle will be bullish in form ,it can change but only bullish form in all probability


Quoting TaoTrader
{quote} You have to look closely my Brexit candle is the long one it has a lower wick.....the 2 after it also have lower wicks. The weekly right now for this pair is not a reliable indicator because of the upward correction. Its not as important right this second as the 1 hour, 4 hour, and daily time frames. On a broader scale yes, but just right now its in limbo waiting on PA to confirm the downward movement.
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