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Cable Update (GBPUSD)

  • #443,561
  • Edited 2:25pm Oct 12, 2016 1:23pm | Edited 2:25pm
anyone sitting there wondering is a court going to stop May shouldn't bother ,or even a vote in parliament would not stop Brexit
a view confirmed by the parliament debate today which the majority seemed to agree the vote should stand , just how hard is the question

those who were remain still accept the referendum result we are not Switzerland who haven't the balls so far to carry out the will of the people
tick tock for them
who's majority view is identical
“Stop Mass Immigration” referendum won 50.3 percent of the vote. The Swiss have to have a law on the subject in place by February 2017
were talking about a country thats a net EU exporter unlike UK

you can look on this link and see

Mays resolution to deliver the ref result
Mervyn King thinks about the devaluation


http://news.sky.com/story/may-vows-m...rexit-10614514
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,562
  • Oct 12, 2016 1:24pm Oct 12, 2016 1:24pm
Quoting ruma29
{quote} It looks like I was right...my chart was manipulated...

not my chart, the broker can manipulate prices, so it will go up, they take profit and then it take it down. something that happens very often when the released a news like this. There are diffrences between charts. So i wanted to go to the main source. Capich?
Im a Crocodile, Im a Sniper. Patience is everything.
  • #443,563
  • Oct 12, 2016 1:28pm Oct 12, 2016 1:28pm
Quoting Bones
anyone sitting there wondering ..
EU is asking GB urgently to sign divorce papers...What parliament of GB can order to EU already ready for divorce?
If parliament can decide and change people's will then why was referendum? Repeating referendum would be ridiculous, I think...

T. May is flip-flop...
  • #443,564
  • Edited 2:20pm Oct 12, 2016 1:45pm | Edited 2:20pm
all she agreed is to have it debated as I understand ,seems reasonable
this woman is not about to U turn
my main point being even if it went to Parliament all they can do is try and soften the exit


Quoting ruma29
{quote} EU is asking GB urgently to sign divorce papers...What parliament of GB can order to EU already ready for divorce? If parliament can decide and change people's will then why was referendum? Repeating referendum would be ridiculous, I think... T. May is flip-flop...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,565
  • Oct 12, 2016 1:56pm Oct 12, 2016 1:56pm
Quoting ruma29
{quote} It looks like I was right...my chart was manipulated...
I guess i was right, charts and prices can be manipulated.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #443,566
  • Oct 12, 2016 2:02pm Oct 12, 2016 2:02pm
Ok is it some kind of trap or cable is going down?
  • #443,567
  • Oct 12, 2016 2:03pm Oct 12, 2016 2:03pm
Quoting jurek
Ok is it some kind of trap or cable is going down?
I hope so. I already sold it with TP at 1.207!
  • #443,568
  • Oct 12, 2016 2:49pm Oct 12, 2016 2:49pm
Quoting jurek
Ok is it some kind of trap or cable is going down?
It's no trap. It's going down. GU Sell 1.22077 Target (1) 1.21117 Target (2) 1.20154
Just 20 pips a day to riches
  • #443,569
  • Oct 12, 2016 4:43pm Oct 12, 2016 4:43pm
'might' go down. might be a bear trap from here. look at the levels we are at, and the entire situation with this pair at this time.
i think it is riskier and riskier to sell this. if you guys are loading shorts, be careful here.. RR is not looking good anymore.
newbies, don't just take anyones posts here (mine included), as the decisor for your trades..
  • #443,570
  • Oct 12, 2016 4:55pm Oct 12, 2016 4:55pm
Quoting 2012mysterio
'might' go down. might be a bear trap from here. look at the levels we are at, and the entire situation with this pair at this time. i think it is riskier and riskier to sell this. if you guys are loading shorts, be careful here.. RR is not looking good anymore. newbies, don't just take anyones posts here (mine included), as the decisor for your trades..

yes, i think we should wait until any relevant news come out.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #443,571
  • Oct 12, 2016 5:02pm Oct 12, 2016 5:02pm
Quoting 2012mysterio
'might' go down. might be a bear trap from here. look at the levels we are at, and the entire situation with this pair at this time. i think it is riskier and riskier to sell this. if you guys are loading shorts, be careful here.. RR is not looking good anymore. newbies, don't just take anyones posts here (mine included), as the decisor for your trades..
go short, i saw it in a daydream.
  • #443,572
  • Oct 12, 2016 5:09pm Oct 12, 2016 5:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #443,573
  • Oct 12, 2016 5:11pm Oct 12, 2016 5:11pm
Date:2016/10/12
Time:21:57 (GMT +2)
Ticker:GBP
Last:1.221
Pivot:1.233
1st sup.1.2165
2nd sup.1.2085
3rd sup.1.201
1st res.1.233
2nd res.1.24
3rd res.1.2485
Attached Image
  • #443,574
  • Oct 12, 2016 7:07pm Oct 12, 2016 7:07pm
Gu is hitting some tough support.. Guess going long here is a good idea? Any views?
  • #443,575
  • Edited 8:10pm Oct 12, 2016 7:50pm | Edited 8:10pm
Quoting mrnicecookie
Gu is hitting some tough support.. Guess going long here is a good idea? Any views?

Price has broken the bottom trend line and have tested it for further down towards 1.2110 area.

Also, all the MA'S are heading south. All the sentiments are strong sell.
Just 20 pips a day to riches
  • #443,576
  • Oct 12, 2016 7:57pm Oct 12, 2016 7:57pm
Quoting mrnicecookie
Gu is hitting some tough support.. Guess going long here is a good idea? Any views?
i don't know why some traders always ignore the real moves and hope for wrong moves..

GL

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #443,577
  • Oct 12, 2016 9:37pm Oct 12, 2016 9:37pm
Medium and long term setup for longs near 1.1800
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 13Oct16.png Size: 79 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #443,578
  • Oct 12, 2016 10:27pm Oct 12, 2016 10:27pm
Still any seller of GBP?
  • #443,579
  • Oct 12, 2016 10:52pm Oct 12, 2016 10:52pm
Quoting ruma29
Still any seller of GBP?
i closed my short from 2300. +130 pips. now long.
  • #443,580
  • Oct 12, 2016 11:01pm Oct 12, 2016 11:01pm
Quoting ruma29
Still any seller of GBP?
ABCD failed but it can return 1.23000 still on the road. I still buy this pair with SL is 1.21000
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