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Cable Update (GBPUSD)

  • #441,101
  • Sep 21, 2016 1:43pm Sep 21, 2016 1:43pm
Quoting Fader123
Yellen is going to be speaking soon http://www.federalreserve.gov/mediac...-broadcast.htm Sell the dollar imho
My initial thoughts is there will be no hike in Decemeber.
  • #441,102
  • Sep 21, 2016 1:44pm Sep 21, 2016 1:44pm
Quoting Ashkbose
{quote} It looks other economy indicator like inflation and job will play high role in decision by end of the year. I couldn't see much move in dollar but Euro and Gbp are I rally, I would wait for sell in higher price.
I would say from now on any news related to inflation and job will have big effect on market!
  • #441,103
  • Sep 21, 2016 1:47pm Sep 21, 2016 1:47pm
Gradual increases
They are going to wait - only one increase this year if we stay on present course
  • #441,104
  • Sep 21, 2016 1:48pm Sep 21, 2016 1:48pm
long looking lovely
I'm high on trading, cant you tell?
  • #441,105
  • Sep 21, 2016 1:49pm Sep 21, 2016 1:49pm
Quoting Fader123
Yellen is going to be speaking soon http://www.federalreserve.gov/mediac...-broadcast.htm Sell the dollar imho
oil inventories was damn red, yellen aint doin no shit on the market,whipsaw ,whipsaws,all it does, i guess the cable would settle down in the asian markets wen the tigers show up.
  • #441,106
  • Sep 21, 2016 1:50pm Sep 21, 2016 1:50pm
Quoting Fader123
Gradual increases They are going to wait - only one increase this year if we stay on present course
Any bad employment figure or CPI figure and its off the cards IMO
  • #441,107
  • Sep 21, 2016 1:53pm Sep 21, 2016 1:53pm
Still short for a while not sure it's ready to turn just yet
  • #441,108
  • Sep 21, 2016 1:55pm Sep 21, 2016 1:55pm
Quoting el_duende
{quote} My initial thoughts is there will be no hike in Decemeber.
Hi mate

Fair point - poor prints recently, GDP on the slide over the last fews months
Although these things do go in cycles
Fed a bit worried about the economy overheating
December estimate in line with major expectations
I need to review her speech-to see what she was driving at
  • #441,109
  • Sep 21, 2016 2:01pm Sep 21, 2016 2:01pm
Gotta got - dinner probably in the dog
  • #441,110
  • Sep 21, 2016 2:06pm Sep 21, 2016 2:06pm
looking target 3080. i am long now 3000
  • #441,111
  • Sep 21, 2016 2:25pm Sep 21, 2016 2:25pm
Yellen has to be the most boring woman on earth. Painful listening to this
  • #441,112
  • Sep 21, 2016 2:29pm Sep 21, 2016 2:29pm
Quoting pointlessfor
looking target 3080. i am long now 3000
closed 3021.
  • #441,113
  • Sep 21, 2016 2:36pm Sep 21, 2016 2:36pm
Im adding longs as we go, im thinking $ negative.
  • #441,114
  • Sep 21, 2016 2:37pm Sep 21, 2016 2:37pm
3030 short. 3047 sl . target 2970
  • #441,115
  • Sep 21, 2016 2:37pm Sep 21, 2016 2:37pm
Quoting pointlessfor
{quote} closed 3021.
Probably still up
  • #441,116
  • Sep 21, 2016 2:48pm Sep 21, 2016 2:48pm
Quoting djokotriyono
{quote} Probably still up
sl no change. will see
  • #441,117
  • Sep 21, 2016 2:56pm Sep 21, 2016 2:56pm
Quoting OnlineAddict
Beautiful bullish setup at D1, H4 and H1, this is looking like a rocket launch here at 2950-70.
Quoting OnlineAddict
I would only short this (2980-3000) into 2950-60 again...then long, unless FED really does raise the rate, if not, I would long the short-term dump.
Closing all my GU longs(even the earlier one from this week at 3003) at 3042, shouldn't be greedy, tomorrow is a day, too.
Everyone can see the chart, but only a few can actually read it.
  • #441,118
  • Sep 21, 2016 3:02pm Sep 21, 2016 3:02pm
Longs close.. I am out for now..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #441,119
  • Sep 21, 2016 3:02pm Sep 21, 2016 3:02pm
Quoting pointlessfor
3030 short. 3047 sl . target 2970
closed +0 . today no trading.
  • #441,120
  • Edited 3:22pm Sep 21, 2016 3:09pm | Edited 3:22pm
Daily could look like this ,weekly is the problem as last 2 week,strong down in range ,that would need side first
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