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Cable Update (GBPUSD)

  • #440,321
  • Sep 15, 2016 5:12am Sep 15, 2016 5:12am
not sure

Quoting Bones
usd see reaction to tl {quote} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: usd 15 Sep 2016 11-11-56.png Size: 47 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #440,322
  • Sep 15, 2016 5:13am Sep 15, 2016 5:13am
Bears want to see better prices, a fail BO of a sort......

Rate day today....good to fade extremes.....if there is a move....
trading is simple but is simple is not easy.
  • #440,323
  • Sep 15, 2016 5:20am Sep 15, 2016 5:20am
Quoting Bones
now we see confirmation inverted hammer ,still a little way to go as h4 its only h1 {image}
The confirmation however is not distinct.
I wish we were right on our suppositions.

This 4h bar (circled red) has the open price to be almost equal to the close price - just 1-2 pips difference

Best
D.P.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-09-15_13-13-26.jpg Size: 246 KB
Hunting High and Low
  • #440,324
  • Sep 15, 2016 5:22am Sep 15, 2016 5:22am
Quoting Sammih
I'm out at 3243 for about an hour, I'll wait to see the reaction before going back in
same . nice one
  • #440,325
  • Sep 15, 2016 5:23am Sep 15, 2016 5:23am
Quoting Bones
you daily looks nicer and it has broke ,therefore def assume its got legs {quote}
With any luck it will. I don't really understand some peoples idea that BOE rates are likely to drop?? What would be the reasoning behind this? The post Brexit vote data has been better than expected and green overall.
Come with me if you want to live....
  • #440,326
  • Sep 15, 2016 5:24am Sep 15, 2016 5:24am
I think that news was a leak yesterday as I said profit taking on a Wednesday? Soon see just keep playing it out
  • #440,327
  • Sep 15, 2016 5:27am Sep 15, 2016 5:27am
And now I'm discussing fundamentals with Bones. What the hell is wrong with me....
Come with me if you want to live....
  • #440,328
  • Sep 15, 2016 5:29am Sep 15, 2016 5:29am
Quoting elbert3
I think that news was a leak yesterday as I said profit taking on a Wednesday? Soon see just keep playing it out
1.3480 , giddy up lol
  • #440,329
  • Sep 15, 2016 5:29am Sep 15, 2016 5:29am
I think the US data will be the market mover today
Come with me if you want to live....
  • #440,330
  • Sep 15, 2016 5:30am Sep 15, 2016 5:30am
guess were now soon with crazy carney surely he would ease off ,

Quoting Dr.Phoenix
{quote} The confirmation however is not distinct. I wish we were right on our suppositions. This 4h bar (circled red) has the open price to be almost equal to the close price - just 1-2 pips difference Best D.P. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #440,331
  • Sep 15, 2016 5:36am Sep 15, 2016 5:36am
Quoting Don96
{quote} im in at 1.3145... holding for 1.333 at least, i posted numbers somewhere
I am in as well, though, from 3152 , holding for 3352 as the first TP and 3432 - the second one.
I want to believe to be higher

Best
D.P.
Hunting High and Low
  • #440,332
  • Sep 15, 2016 5:38am Sep 15, 2016 5:38am
GA 240m

Clearly oversold and any indicator would show divergence ( I think, did not check).

Shorting below that bear trend bar would be an option but I am not sure about the rate day, will it shake me off just to see prices going in my direction?

I have not any idea...... Do you know what? I stay out.

20m break...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 21 KB
Click to Enlarge Name: ga.png Size: 16 KB
trading is simple but is simple is not easy.
  • #440,333
  • Sep 15, 2016 5:43am Sep 15, 2016 5:43am
Quoting Bones
guess were now soon with crazy carney surely he would ease off , {quote} {image}
we are on tenterhooks

Best
D.P.
Hunting High and Low
  • #440,334
  • Sep 15, 2016 5:43am Sep 15, 2016 5:43am
I see a clear downward trend line on the 4H. It may get up to 3260 /80 but I think that's it. Out for the news by the way.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 4H 150916.JPG Size: 185 KB
Striving for consistency
  • #440,335
  • Sep 15, 2016 5:44am Sep 15, 2016 5:44am
Quoting Bones
yes it would be outragous for some post anything with a firm outlook ,thier only get egg on their face {quote} {image}
Ah ha .. i knew there was a reason to be getting up early .. and its not the party people in the next room either. lol ..
Well Tony, let me explain if i may, as a humble guesser in this game i believe it to be true - Take a position sure, follow a Direction to a chosen target for sure - but these its going to 137 and 134 etc etc will catch people out BUT isnt that the logical element here - trying to fit pieces together. Just my 2 cents worth ..

Now perhaps the closest to predictions might be the range players who scalp on a 20 pip run or even 30 hey thats fair game for sure the rest is just speculative, in my humble drunken stupor of an an opinon .. lol lets call it hangover thats more appropriate ..
  • #440,336
  • Sep 15, 2016 5:46am Sep 15, 2016 5:46am
Quoting dean1star
{quote} Ah ha .. i knew there was a reason to be getting up early .. and its not the party people in the next room either. lol .. Well Tony, let me explain if i may, as a humble guesser in this game i believe it to be true - Take a position sure, follow a Direction to a chosen target for sure - but these its going to 137 and 134 etc etc will catch people out BUT isnt that the logical element here - trying to fit pieces together. Just my 2 cents worth .. Now perhaps the closest to predictions might be the range players who scalp on a 20 pip run...
how's the weather out there? Its not raining in Scotland so that's classed as good!!
Striving for consistency
  • #440,337
  • Sep 15, 2016 5:59am Sep 15, 2016 5:59am
Quoting Wdfx
{quote} how's the weather out there? Its not raining in Scotland so that's classed as good!!
Pretty nice as it happens WD - not overtly hot compared to other places - San Diego seems to be warmer - not so cold either here so just right, with enough sunshine to work outside .. which makes for happy smiling faces which is cool .. staying short now even if we get a high above the high in asia earlier on .. no complaints WD as i am sure you will find when u arrive in France ..
  • #440,338
  • Sep 15, 2016 6:02am Sep 15, 2016 6:02am
Game is still on
nervous

next move is in 1,5 hours

D.P.
Hunting High and Low
  • #440,339
  • Sep 15, 2016 6:02am Sep 15, 2016 6:02am
Be resuming my longs very soon
I'm high on trading, cant you tell?
  • #440,340
  • Sep 15, 2016 6:03am Sep 15, 2016 6:03am
Quoting dean1star
{quote} Pretty nice as it happens WD - not overtly hot compared to other places - San Diego seems to be warmer - not so cold either here so just right, with enough sunshine to work outside .. which makes for happy smiling faces which is cool .. staying short now even if we get a high above the high in asia earlier on .. no complaints WD as i am sure you will find when u arrive in France ..
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