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Cable Update (GBPUSD)

  • #443,461
  • Oct 12, 2016 2:04am Oct 12, 2016 2:04am
Quoting imnicetoyou
{quote} how is this data been collected?
From Live accounts positions ,connected with trader explorer here.
  • #443,462
  • Oct 12, 2016 2:08am Oct 12, 2016 2:08am
Im short from 1.2283 SL 1.2308. Let's see where it goes..

In my opinion the 1.2290 area was strong support turned resistance. I'm trying to trading with the overall momentum.
  • #443,463
  • Oct 12, 2016 2:13am Oct 12, 2016 2:13am
Quoting Ramadas
Now is the question how the market will welcome these news from UK.
London is not impressed by parliament vote and PM May.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,464
  • Oct 12, 2016 2:16am Oct 12, 2016 2:16am
Algos will tape bomb this today with headlines from the parliamentary debate, too risky a pair to trade, technicals not going to work too well.
"Where you want to be is always in control, never wishing, always trading.
  • #443,465
  • Oct 12, 2016 2:18am Oct 12, 2016 2:18am
If. 2160 area holds we go long again fail then 2080 1.965
  • #443,466
  • Oct 12, 2016 2:19am Oct 12, 2016 2:19am
Quoting Ramadas
{quote} London is not impressed by parliament vote and PM May.
I think this is all to do with dollar strength, and any move south because of dollar buying is going to be amplified in Cable...
Don't Leave Money on the Table
  • #443,467
  • Oct 12, 2016 2:26am Oct 12, 2016 2:26am
Let's see if 1.2225 level will hold.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,468
  • Oct 12, 2016 2:26am Oct 12, 2016 2:26am
Quoting HaLBot
{quote} I think this is all to do with dollar strength, and any move south because of dollar buying is going to be amplified in Cable...

yes its crazy dolla/yen buying again.
  • #443,469
  • Oct 12, 2016 2:29am Oct 12, 2016 2:29am
http://news.forexlive.com/!/pound-sl...rally-20161012
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,470
  • Oct 12, 2016 2:38am Oct 12, 2016 2:38am
Real fight at this level

Attached Image (click to enlarge)
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Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,471
  • Oct 12, 2016 2:48am Oct 12, 2016 2:48am
Aiming for 1.2325

Sl to be
Attached Image (click to enlarge)
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Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,472
  • Oct 12, 2016 2:51am Oct 12, 2016 2:51am
Quoting HaLBot
{quote} There was probably buyers lining up after such a big fall ready to pounce under the right circumstances and PM May gave them the ammunition saying she is going to allow parliment a vote regarding Brexit terms... http://www.bloomberg.com/news/articl...r-brexit-terms
Does it not seem weird though Hal? I mean A lot of people were long for a long time, my friends accounts have been emtied. Im talking $6K gone ,etc. Economic news come out in favour of the pound nothing.

Why all this Asia hype so to say? It keeps happening once we get into the ok I'll sell vibe or ok Im buying, then Asian session comes along. I dont even feel safe leaving pendings anymore
  • #443,473
  • Oct 12, 2016 2:52am Oct 12, 2016 2:52am
Quoting Ramadas
Aiming for 1.2325 Sl to be {image}
That's agood target and I'd like to see price go higher, at least to 2350....but my targets 2400....
Don't Leave Money on the Table
  • #443,474
  • Oct 12, 2016 2:52am Oct 12, 2016 2:52am
Why 1.2225?

7th of Oct strong bounce

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Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,475
  • Oct 12, 2016 2:56am Oct 12, 2016 2:56am
Quoting HaLBot
{quote} That's agood target and I'd like to see price go higher, at least to 2350....but my targets 2400....
I need to see reaction to 2325 and then decide.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,476
  • Oct 12, 2016 2:59am Oct 12, 2016 2:59am
Got 300+ pips so far today-across multiple GBP pairs
  • #443,477
  • Oct 12, 2016 2:59am Oct 12, 2016 2:59am
Quoting Ramadas
{quote} I need to see reaction to 2325 and then decide.
Also the best Eur/Usd opening since the 7th Oct....
Don't Leave Money on the Table
  • #443,478
  • Oct 12, 2016 3:11am Oct 12, 2016 3:11am
i am short from 2300 . looking new low
  • #443,479
  • Oct 12, 2016 3:12am Oct 12, 2016 3:12am
Quoting Ramadas
{quote} I need to see reaction to 2325 and then decide.
exit near 1.23, big 5m candle
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,480
  • Oct 12, 2016 3:14am Oct 12, 2016 3:14am
Quoting pointlessfor
i am short from 2300 . looking new low
Dear Sir, what is your TP, I entered Short at 1.2306
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