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Cable Update (GBPUSD)

  • #443,521
  • Oct 12, 2016 8:54am Oct 12, 2016 8:54am
Will test 1.2225 again?
Bounced from weekly mid/s1 pivot.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,522
  • Oct 12, 2016 8:55am Oct 12, 2016 8:55am
Quoting Url
{quote} I mean big foot buy GBP in this time. I will wait and don't sell or long in this time. Wait a highlight.
Probably Google Translate.
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
  • #443,523
  • Oct 12, 2016 9:03am Oct 12, 2016 9:03am
Quoting Ramadas
{quote} Probably Google Translate.
Sorry, My English very bad ( i'd use google translate )
  • #443,524
  • Oct 12, 2016 9:09am Oct 12, 2016 9:09am
Hi Sammih
Where did you place your trade?
short cable from current levels to 1.2 SL 2261
  • #443,525
  • Oct 12, 2016 9:14am Oct 12, 2016 9:14am
I think gbp is under valued, we should buy this for long term. So, buy buy buy!
  • #443,526
  • Oct 12, 2016 9:26am Oct 12, 2016 9:26am
Quoting 4xxxx4
Hi Sammih Where did you place your trade? short cable from current levels to 1.2 SL 2261
1.22111
I'm high on trading, cant you tell?
  • #443,527
  • Oct 12, 2016 9:27am Oct 12, 2016 9:27am
Quoting imnicetoyou
I think gbp is under valued, we should buy this for long term. So, buy buy buy!
Thats not good idea coz brexit danger point also bad sentiment market for uk..
  • #443,528
  • Oct 12, 2016 9:32am Oct 12, 2016 9:32am
Yep, going up or down hundred pips in few hours later
becarefull guys
  • #443,529
  • Oct 12, 2016 10:03am Oct 12, 2016 10:03am
Quoting 4xxxx4
Hi Sammih Where did you place your trade? short cable from current levels to 1.2 SL 2261
its simple . 2261 - 50 and u know where he enter
  • #443,530
  • Oct 12, 2016 10:13am Oct 12, 2016 10:13am
interesting, everything crashed against dollar with new hour but cable. Dollar index made new high.
  • #443,531
  • Oct 12, 2016 10:21am Oct 12, 2016 10:21am
Crash of GBP is on the way, it was delayed to pick up buyers....
  • #443,532
  • Oct 12, 2016 10:22am Oct 12, 2016 10:22am
Quoting mades
interesting, everything crashed against dollar with new hour but cable. Dollar index made new high.
Alot of pending buy orders at 2180 - 2150 area....
  • #443,533
  • Oct 12, 2016 10:23am Oct 12, 2016 10:23am
Quoting ruma29
Crash of GBP is on the way, it was delayed....
Why do u say so? Any reason?
  • #443,534
  • Oct 12, 2016 10:27am Oct 12, 2016 10:27am
Quoting ruma29
Crash of GBP is on the way, it was delayed to pick up buyers....
I think that too. They will buy E/G to drop G/U but who knows that.
  • #443,535
  • Oct 12, 2016 10:31am Oct 12, 2016 10:31am
Quoting Peruvian80
{quote} i just close mine with +385 pips, i couldnt close it at 1.22, i miss it, so i will watching to reenter in a good retrace. i think assian and london session will go down.
It rebounded from 1.2100 but even that was just temporary. The pair is slowly dropping back towards that support. I think eventually we'll see it reach 1.2000.
  • #443,536
  • Oct 12, 2016 10:31am Oct 12, 2016 10:31am
Quoting jurek
{quote} I think that too. They will buy E/G to drop G/U
Look at how the price retreats so fast and hard when it touches the huge pending buy orders
  • #443,537
  • Oct 12, 2016 10:34am Oct 12, 2016 10:34am
Quoting dianajs
{quote} It rebounded from 1.2100 but even that was just temporary. The pair is slowly dropping back towards that support. I think eventually we'll see it reach 1.2000.
1.2000 is a huge psychological barrier. Wonder how many pending buy orders and Sl there are at that price level
  • #443,538
  • Oct 12, 2016 10:57am Oct 12, 2016 10:57am
How do you all see today news?

FOMC Meeting Minutes
  • #443,539
  • Oct 12, 2016 11:01am Oct 12, 2016 11:01am
I took +11 on EURGBP long...
  • #443,540
  • Oct 12, 2016 11:04am Oct 12, 2016 11:04am
Quoting ruma29
Crash of GBP is on the way, it was delayed to pick up buyers....
drop of gbp encourages exports which the local need now. not a crash but a need to boost that maintaining econ in uk.

friends in uk from various industries needed the drop till the decisive political decision.

my view cable will still hug
infav of dollars
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