Cable Update (GBPUSD) | Page 22045 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #440,881
  • Sep 20, 2016 3:55am Sep 20, 2016 3:55am
Quoting yuddy
{quote} wat direction of the BO are you looking out for?
The 0500hrs GMT 4hr candle closes in 5 mins. It tested todays PP at 3040 and has declined sharply breaking the squeeze. Expect the next four hours to break 3000 Looks like my tps might get hit today. Still short from 3080 and 3040
I'm high on trading, cant you tell?
  • #440,882
  • Sep 20, 2016 4:01am Sep 20, 2016 4:01am
Quoting Sammih
{quote} The 0500hrs GMT 4hr candle closes in 5 mins. It tested todays PP at 3040 and has declined sharply breaking the squeeze. Expect the next four hours to break 3000 Looks like my tps might get hit today. Still short from 3080 and 3040

  • #440,883
  • Sep 20, 2016 4:06am Sep 20, 2016 4:06am
Quoting batus
1st entry hit +ve stoploss & close partial / 2nd entry 1st partial {image}
  • #440,884
  • Sep 20, 2016 4:07am Sep 20, 2016 4:07am
Quoting Sammih
{quote} The 0500hrs GMT 4hr candle closes in 5 mins. It tested todays PP at 3040 and has declined sharply breaking the squeeze. Expect the next four hours to break 3000 Looks like my tps might get hit today. Still short from 3080 and 3040
  • #440,885
  • Sep 20, 2016 4:08am Sep 20, 2016 4:08am
Quoting Sammih
{quote} The 0500hrs GMT 4hr candle closes in 5 mins. It tested todays PP at 3040 and has declined sharply breaking the squeeze. Expect the next four hours to break 3000 Looks like my tps might get hit today. Still short from 3080 and 3040
real talk broh,but i feel 3050-80 could be hit b4 the south drive.
  • #440,886
  • Sep 20, 2016 4:11am Sep 20, 2016 4:11am
Hi,
I am here as a new one comer and say good luck to all of you seniors and juniors. How do see GBP/USD, specially tomorrow when there will be FOMC and the during this week. Regards,
  • #440,887
  • Sep 20, 2016 4:16am Sep 20, 2016 4:16am
Quoting yuddy
{quote} real talk broh,but i feel 3050-80 could be hit b4 the south drive.
That's a possibility, but if 3050 holds its own, 2933 seems might get hit within hours
I'm high on trading, cant you tell?
  • #440,888
  • Sep 20, 2016 4:34am Sep 20, 2016 4:34am
look at GBPNZD. it is now historical lowest level 1.7700. so gbpusd down movement depends on nzd usd down movement. watch with nzdusd. if it broke 1.7700 gbp usd will fall quickly.
  • #440,889
  • Sep 20, 2016 4:35am Sep 20, 2016 4:35am
Quoting P.Action
look at GBPNZD. it is now historical lowest level 1.7700. so gbpusd down movement depends on nzd usd down movement. watch with nzdusd. if it broke 1.7700 gbp usd will fall quickly.
looks like its almost guaranteed... betting on NZD strength is like free money.... shame im not doing it

unless they cut rates itll probs stay that way as well
  • #440,890
  • Sep 20, 2016 4:41am Sep 20, 2016 4:41am
Quoting Don96
{quote} looks like its almost guaranteed... betting on NZD strength is like free money.... shame im not doing it

NZD try to touch(or break) highest level with nzdcad-audnzd-gbpnzd. nzd and jpy has same strongness for now. nzd will fall soon. because there is a lot of divegences. last week of this month is very suitable for me. we will see
  • #440,891
  • Sep 20, 2016 4:46am Sep 20, 2016 4:46am
Quoting P.Action
{quote} NZD try to touch(or break) highest level with nzdcad-audnzd-gbpnzd. nzd and jpy has same strongness for now. nzd will fall soon. because there is a lot of divegences. last week of this month is very suitable for me. we will see
yeah i admit every chart looks that way... im trading long EN atm... but every bear NZD pattern/candle is just wiped quickly, the country pays 2%, NU will drop tomorrow when US dont raise and the only way NZD will drop significantly is with a rate cut, which wont happen also... GN will more than likely break south... USD needs to gain strength for NZD to drop

perhaps indication of a rate cut in November will cause some instant weakness but until November it wont... global inflation etc etc

how much is their exchange rate affecting their import and export ?
  • #440,892
  • Sep 20, 2016 4:54am Sep 20, 2016 4:54am
Quoting Don96
{quote} yeah i admit every chart looks that way... im trading long EN atm... but every bear NZD pattern/candle is just wiped quickly, the country pays 2%, NU will drop tomorrow when US dont raise and the only way NZD will drop significantly is with a rate cut, which wont happen also... GN will more than likely break south... USD needs to gain strength for NZD to drop

bad news for usd tomorrow - nzd will gain min worth according to other currencies.
good news for usd tomorrow - nzd will lose max worth according to other currencies.

e-n squeeze 1.5150-1.5400 i am waiting wich way will it break.
  • #440,893
  • Sep 20, 2016 4:55am Sep 20, 2016 4:55am
Quoting 4xxxx4
Hi, I am here as a new one comer and say good luck to all of you seniors and juniors. How do see GBP/USD, specially tomorrow when there will be FOMC and the during this week. Regards,
there is hardly any possibility of rate hike, so we may see a rally up for cable but no one knows for sure
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #440,894
  • Sep 20, 2016 4:57am Sep 20, 2016 4:57am
Quoting P.Action
look at GBPNZD. it is now historical lowest level 1.7700. so gbpusd down movement depends on nzd usd down movement. watch with nzdusd. if it broke 1.7700 gbp usd will fall quickly.
good observation
  • #440,895
  • Sep 20, 2016 4:57am Sep 20, 2016 4:57am
Quoting P.Action
{quote} bad news for usd tomorrow - nzd will gain min worth according to other currencies. good news for usd tomorrow - nzd will lose max worth according to other currencies. e-n squeeze 1.5150-1.5400 i am waiting wich way will it break.
it will be south... im long... i was long and held all the way up to double top at 1.5505... im still holding... for 1.6
  • #440,896
  • Sep 20, 2016 5:02am Sep 20, 2016 5:02am
Quoting Don96
{quote} yeah i admit every chart looks that way... im trading long EN atm... but every bear NZD pattern/candle is just wiped quickly, the country pays 2%, NU will drop tomorrow when US dont raise and the only way NZD will drop significantly is with a rate cut, which wont happen also... GN will more than likely break south... USD needs to gain strength for NZD to drop perhaps indication of a rate cut in November will cause some instant weakness but until November it wont... global inflation etc etc how much is their exchange rate affecting...

it is better to look reel effective exchange rate. here is link.

https://fred.stlouisfed.org/series/RBNZBIS
  • #440,897
  • Sep 20, 2016 5:05am Sep 20, 2016 5:05am
Quoting P.Action
{quote} it is better to look reel effective exchange rate. here is link. https://fred.stlouisfed.org/series/RBNZBIS
looks like its about to crumble... (GN)


the blue line is the low...

if someone wants a very very very good probs the best RR there will be... Long on GN now would be it
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 7 KB
  • #440,898
  • Sep 20, 2016 5:09am Sep 20, 2016 5:09am
Quoting Don96
{quote} looks like its about to crumble... (GN)
it is about worth off currencies depends on their inflation.

by the way it has done as i said. GN broke and GU falled quickly. maybe it is SL blow movement. time tell us.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2016.09.20_13h05m01s_001_.jpg Size: 206 KB
  • #440,899
  • Sep 20, 2016 5:18am Sep 20, 2016 5:18am
Quoting andoseg2
{image} {quote} {image}

Update :

Every trade should be covered now. SL's are stacked on the same level resulting in some trades to have profit locked

Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 47 KB
Money moves the market, not an indicator.
  • #440,900
  • Sep 20, 2016 5:18am Sep 20, 2016 5:18am
Quoting P.Action
{quote} it is about worth off currencies depends on their inflation. by the way it has done as i said. GN broke and GU falled quickly. maybe it is SL blow movement. time tell us. {image}
its made an all time double bottom atm
787 traders viewing now, 1 is registered:
Marbas