Gbpusd h1 ... Sell tp 2863{image}
Cable Update (GBPUSD)
- #440,901
- Sep 20, 2016 5:18am Sep 20, 2016 5:18am
- Joined May 2010 | Status: Trader | 2,693 Posts
- #440,902
- Sep 20, 2016 5:20am Sep 20, 2016 5:20am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} Now She is gone to see target 2863 ...
- #440,903
- Sep 20, 2016 5:21am Sep 20, 2016 5:21am
- Joined Nov 2012 | Status: Trader | 1,449 Posts
{quote} its made an all time double bottom atm
{quote} 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 {image}
- #440,904
- Sep 20, 2016 5:21am Sep 20, 2016 5:21am
- Joined May 2010 | Status: Trader | 2,693 Posts
{quote} barclays are betting on US hike tomorrow... we would see a lot lower if so
- #440,905
- Sep 20, 2016 5:22am Sep 20, 2016 5:22am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote}
- #440,906
- Sep 20, 2016 5:31am Sep 20, 2016 5:31am
- Joined May 2010 | Status: Trader | 2,693 Posts
{quote} you think?
.... i would like to see bottom of this movement 2863 (critical level of gbp)cheers
- #440,908
- Sep 20, 2016 5:34am Sep 20, 2016 5:34am
- Joined Dec 2015 | Status: Trader | 7,803 Posts
{quote} of course Don96
- #440,910
- Sep 20, 2016 5:36am Sep 20, 2016 5:36am
- Joined May 2010 | Status: Trader | 2,693 Posts
{quote} you think US will raise?
Just read this article below
Wednesday
02:50 – foreign trade balance of Japan for August.
06:00 – interest rate decision by the Bank of Japan; press conference of the Bank of Japan, where the head of the Bank Mr Kuroda will speak about the current economic situation in Japan, and the future prospects of the Bank’s policy. Despite the measures to stimulate the Japanese economy, implemented by the Bank, inflation rate in the country remains low, production and consumption are declining and the Yen is increasing, which has a negative impact on the export-oriented Japanese production. Currently, the main interest rate in Japan is already negative, amounting to -0.1 per cent.
However, probability of the further decrease in the rate, as well as further expansion of the economic stimulus measures, is 50/50. The markets are in uncertainty. Earlier, Mr Kuroda repeatedly stated that the Bank was ready to implement the most drastic measures if necessary. If the measures will made introduced at the coming meeting, the Yen will decline significantly in the market, while the Japanese stock market will grow. In any case, during this period f time volatility is expected to increase not only in the JPY, but generally in the Asian and global financial markets.
11:30 – report on net borrowing of the British government (financial deficit of the national accounts of Britain). The negative index will means that the accounts of Britain are in surplus, which is positive factor for the GBP. Forecast is 10.3 billion pounds, which should have a negative impact on the pound.
16:00 – quarterly report of the SNB including the data on the monetary policy, business trends and exchange rates of currencies for Q3. Publication of this report is usually increase volatility in the franc.
17:30 – US Department of Energy will publish weekly report on stocks of oil and oil products in US stores.
21:00 – interest rates decision by the US Fed and Fed’s monetary policy comments. Probability of rate hike is 15% (current level is 0.5%).
21:30 – FOMC press conference, which lasts about an hour. The head of the Fed Janet Yellen will speak about future plans of the financial regulator in relation to the monetary policy in the United States. At the press conference the forecasts of inflation, employment, economic growth and interest rates in the United States will also made. If the comments by Janet Yellen will contain hints on the interest rate increase before the end of the year, the USD will sharply go up in the currency market. If the statements by Janet Yellen will be neutral, the USDr will decline. However, the decline in the USD is unlikely to continue for long. Probability of the rate hike in December is still 50%. This fact will support the USD until the end of this year.
- #440,916
- Sep 20, 2016 6:04am Sep 20, 2016 6:04am
- Joined Mar 2015 | Status: Living Life Large | 1,011 Posts
I'm high on trading, cant you tell?
- #440,917
- Sep 20, 2016 6:08am Sep 20, 2016 6:08am
Hi everyone, been out all morning just back. I had an order short at 2985 opened. :
Short 2985, SL 3025, TP 2905 ---- SL now moved to BE at 2985. Will see where it goes from here
Short 2985, SL 3025, TP 2905 ---- SL now moved to BE at 2985. Will see where it goes from here
Striving for consistency
- #440,918
- Sep 20, 2016 6:08am Sep 20, 2016 6:08am
- Joined Sep 2013 | Status: Trader | 2,999 Posts
#GBPUSD so far looking good 
still short @ 1.3228 took half off @ 1.3026 looking for a target @ 1.2933 / 1.2917 or 1.286..... will cover today or tomorrow of all my short....
still short @ 1.3228 took half off @ 1.3026 looking for a target @ 1.2933 / 1.2917 or 1.286..... will cover today or tomorrow of all my short....
"W. D. Gann said that time is the most important factor among all things."
- #440,919
- Sep 20, 2016 6:14am Sep 20, 2016 6:14am
- Joined Mar 2015 | Status: Living Life Large | 1,011 Posts
#GBPUSD so far looking good
I'm high on trading, cant you tell?
- #440,920
- Sep 20, 2016 6:18am Sep 20, 2016 6:18am
- Joined Nov 2012 | Status: Trader | 1,449 Posts
{quote} 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
