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Cable Update (GBPUSD)

  • #435,741
  • Aug 4, 2016 5:51am Aug 4, 2016 5:51am
Quoting iamawaited
There is a game i love to play.. it is called the TREND LINE FOREPLAY!!! Okay ... Daily chart shows we are going Higher...... H4 Chart wants to go Higher ... H1 wants to break either way... Choose your pick!!! i am looking for a leg to swing high but no path right now... stalking mode active Oh! and those yen pairs.... {image} {image} {image}
yeah and "those yen pairs.." , wat about them ,broh, is yen still on steroids or the BOE gat some shockers for it?
  • #435,742
  • Aug 4, 2016 5:55am Aug 4, 2016 5:55am
Quoting HaLBot
Liquidity is 17% below average at the moment....means a lot of professional traders are on the sidelines....
How about

quote=HaLBot....means a lot of professional traders are on THEIR HOLIDAYS ..
  • #435,743
  • Aug 4, 2016 6:00am Aug 4, 2016 6:00am
..and its a cut.
  • #435,744
  • Aug 4, 2016 6:01am Aug 4, 2016 6:01am
Quoting mades
..and its a cut.
yep and so he did it - might be what first cut in 7 or so years ..
  • #435,745
  • Aug 4, 2016 6:03am Aug 4, 2016 6:03am
Quoting dean1star
{quote} yep and so he did it - might be what first cut in 7 or so years ..
short fest starting
  • #435,746
  • Aug 4, 2016 6:04am Aug 4, 2016 6:04am
Quoting dean1star
{quote} How about quote=HaLBot....means a lot of professional traders are on THEIR HOLIDAYS ..

Yeah hard to remember that when I'm trading on the other side of the planet.....LOL
Don't Leave Money on the Table
  • #435,747
  • Aug 4, 2016 6:05am Aug 4, 2016 6:05am
Quoting mades
{quote} short fest starting
The question is where it will end. I think it will reach at least 1.3050.
  • #435,748
  • Aug 4, 2016 6:06am Aug 4, 2016 6:06am
all hidden gaps filled even today's ones .. that tool is incredible.
  • #435,749
  • Aug 4, 2016 6:06am Aug 4, 2016 6:06am
Quoting Lock
{quote} [...]At the opposite, considering an other hypothesis, if gb attempt up fails, preUS will open without a gap upwards, right inside yesterday pit session. Or, even worse, with a gap lower. In this last case, if that possible gap below will resists, we could revert the current minor trend up, going down to take out the very weak refs. below. Note also that all this move up started from today open/yes low at 32875.
The second hypothesis seems the correct one...Let's see if the current price level could be confirmed by the upcoming preUS session.

07.29 gb session cluster low at 3151 seems also a possible refs to take out as the 3074 zone for upcoming pit, if gap down confirmed.
Ubi maior minor cessat
  • #435,750
  • Aug 4, 2016 6:06am Aug 4, 2016 6:06am
Quoting malik_razi
{quote} Bro... pls don't be offended. "mades" is technically right.
No, I'm not. And now I can understand why the statement as my trade just hit 1.3171
Serious case in today's trade and its not funny at all.

One have to be careful making decision today and focus on deep analysis of the trade.
  • #435,751
  • Aug 4, 2016 6:07am Aug 4, 2016 6:07am
Quoting ahmed226
{quote} last month, a lot of analysts/traders said the cut will happen on 14th July, but it didn't. lets wait and see. all eyes on the calendar section at 12:00 :nerd: if it does get cut, then I will go Low GBP/USD till end of day.
ok, rate just got a slash on the gut, is it time for dem dollar party ???
  • #435,752
  • Aug 4, 2016 6:08am Aug 4, 2016 6:08am
well that was a nice 150 pips in a few minutes.
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #435,753
  • Aug 4, 2016 6:09am Aug 4, 2016 6:09am
Quoting mades
..and its a cut.
and that would mean what for the G/XX pairs?
  • #435,754
  • Aug 4, 2016 6:09am Aug 4, 2016 6:09am
price now at monthly pivot + lower trend line. 1.3135 is 50% of previous monthly fib.
  • #435,755
  • Aug 4, 2016 6:10am Aug 4, 2016 6:10am
Quoting Lock
{quote} The second hypothesis seems the correct one...Let's see if the current price level could be confirmed by the upcoming preUS session. 07.29 gb session cluster low at 3151 seems also a possible refs to take out as the 3074 zone for upcoming pit, if gap down confirmed.
Nice one.
  • #435,756
  • Aug 4, 2016 6:13am Aug 4, 2016 6:13am
Quoting FXCyborg
well that was a nice 150 pips in a few minutes.

Congrats on the stella Pip grab...

I grabbed 59 myself so happy with that..


Man 220 traders here is that some sort of record????
Don't Leave Money on the Table
  • #435,757
  • Aug 4, 2016 6:14am Aug 4, 2016 6:14am
Quoting yuddy
{quote} and that would mean what for the G/XX pairs?
look at your charts, you'll have your answer
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #435,758
  • Aug 4, 2016 6:24am Aug 4, 2016 6:24am
seems that some are already happy with their earnings... though this is perhaps not the end of it.
  • #435,759
  • Aug 4, 2016 6:24am Aug 4, 2016 6:24am
I see it bounced of 3150 must be strong support there, through that and were heading further south...
Don't Leave Money on the Table
  • #435,760
  • Aug 4, 2016 6:26am Aug 4, 2016 6:26am
Quoting bshappens
seems that some are already happy with their earnings... though this is perhaps not the end of it.

I want to see if this puppy gonna break 3150 before going short again....most likely it will but there must have been a lot of traders who closed out positions just now...
Don't Leave Money on the Table
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