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Cable Update (GBPUSD)

  • #443,961
  • Oct 17, 2016 4:03pm Oct 17, 2016 4:03pm
Quoting hierro-scalp
{quote} Still unsure ... "thinking" lol....maybe good english can make profit i.m "thinking"LOL ..
.
Attached Image
Ever stop to think, and forget to start again?
  • #443,962
  • Oct 17, 2016 4:20pm Oct 17, 2016 4:20pm
Quoting Ill-b-back
{quote} Yeah, I think will break the low of 1.05
0.90? That's pure robbery. Feel sorry for those who live in UK who didn't trade a core short position these past 2 years.

Where price is now is acceptable, although they will still feel the inflation. But under parity? That would be unbearable (if sustained for many years).
Be hopeful in a winning position, and fearful in a losing position.
  • #443,963
  • Oct 17, 2016 4:35pm Oct 17, 2016 4:35pm
Quoting Rag2RichesFX
{quote} 0.90? That's pure robbery. Feel sorry for those who live in UK who didn't trade a core short position these past 2 years. Where price is now is acceptable, although they will still feel the inflation. But under parity? That would be unbearable (if sustained for many years).
Yes, inflation is already appearing in fuel and food costs, expecting rapid inflationary pressures over next few week/months. If panic/emotional selling on Cable resumes, we could break to 0.9, but at that point the BoE would intervene quickly. If we can't stay above parity, then we really are doomed and I'll be glad I hedged with PM's.
Just looking at chart, last 5 days are symmetrical triangle and inside bars, breakout here would result in a fast move, either way. Presuming a false break first, but if not then happy days. Asia could try something before UK session. UK session will be volatile IMHO.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 38 KB
Ever stop to think, and forget to start again?
  • #443,964
  • Oct 17, 2016 4:44pm Oct 17, 2016 4:44pm
Quoting pointlessfor
{quote} 2196 target . sl 100 pips. ok GN.
2213 closed
  • #443,965
  • Oct 17, 2016 5:09pm Oct 17, 2016 5:09pm
Break above would be highly appreciated..
  • #443,966
  • Oct 17, 2016 5:10pm Oct 17, 2016 5:10pm
hmm, this could be a strong bull day, leaning towards letting this ride, even to 2263 or more. it'll test the 10/13 high
Attached Image (click to enlarge)
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  • #443,967
  • Oct 17, 2016 5:14pm Oct 17, 2016 5:14pm
Quoting Rag2RichesFX
{quote} 0.90? That's pure robbery. Feel sorry for those who live in UK who didn't trade a core short position these past 2 years. Where price is now is acceptable, although they will still feel the inflation. But under parity? That would be unbearable (if sustained for many years).
I agree, it wouldn't be good to stay there for too long, no fun for anyone...
Come with me if you want to live....
  • #443,968
  • Oct 17, 2016 5:14pm Oct 17, 2016 5:14pm
Quoting hierro-scalp
{quote} Good lesson for you..just a few traders like pointlessfor that got a big confidence but others just wrote than draw like a super pro trader but at the end just said if break than go deep or bla bla all unsure..try to read back all.post than you will got it
You said confidence?? No my brother..its a shameless..just post buy and sell without any analysis..except he have a trade explorer,,maybe I will little respect ,because I will think he is a $calper, dont have much time to post analysis..we are all here to share everything about cable..not to show off like a super pro trader..you hurt everyone if u say that,respect other readers bro.,.im a old member here,but im silent reader..so dont think im a new member like you.
  • #443,969
  • Oct 17, 2016 5:19pm Oct 17, 2016 5:19pm
Quoting hierro-scalp
{quote} I.m aceh asia still can wrote in english better than you ..use your brain pal..can you wrote in indonesia or aceh language ?
jangan songong lu bro,,malu2 in indonesia aja.

Its all about attitude in forum. Not about languange.
  • #443,970
  • Oct 17, 2016 5:21pm Oct 17, 2016 5:21pm
Quoting voeltoez
{quote} jangan songong lu bro,,malu2 in indonesia aja. Its all about attitude in forum. Not about languange.
woi, kau cakap apa ha? heheh
aku dari malaysia...live in the US
  • #443,971
  • Oct 17, 2016 5:24pm Oct 17, 2016 5:24pm
Quoting hilmy83
hmm, this could be a strong bull day, leaning towards letting this ride, even to 2263 or more. it'll test the 10/13 high {image}
more

need to rally and establish a range where there is none (the flash crash)
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #443,972
  • Oct 17, 2016 5:25pm Oct 17, 2016 5:25pm
Quoting hilmy83
{quote} woi, kau cakap apa ha? heheh aku dari malaysia...live in the US
Kl tak senang dont read
  • #443,973
  • Oct 17, 2016 5:27pm Oct 17, 2016 5:27pm
Quoting hierro-scalp
{quote} Kl tak senang dont read
Sorry
  • #443,974
  • Oct 17, 2016 5:39pm Oct 17, 2016 5:39pm
out @ 1.2240. I'll reload later at frankfurt open

Quoting Rag2RichesFX
{quote} more need to rally and establish a range where there is none (the flash crash) {image}
agree, that upper range goin to take a few days. i'm glad this pair is calming down a bit..
  • #443,975
  • Oct 17, 2016 5:51pm Oct 17, 2016 5:51pm
2330 target..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20161018-055014.png Size: 71 KB
  • #443,976
  • Oct 17, 2016 6:02pm Oct 17, 2016 6:02pm
Quoting hilmy83
out @ 1.2240. I'll reload later at frankfurt open {quote} agree, that upper range goin to take a few days. i'm glad this pair is calming down a bit..
call me crazy but 1.2800 by mid-November
Be hopeful in a winning position, and fearful in a losing position.
  • #443,977
  • Oct 17, 2016 7:31pm Oct 17, 2016 7:31pm
Quoting Rag2RichesFX
{quote} call me crazy but 1.2800 by mid-November
crazy !
  • #443,978
  • Oct 17, 2016 9:22pm Oct 17, 2016 9:22pm
Quoting gnajra
{quote} crazy !
need to break 1.2280 for bullish momentum. 1.3xxx to bullish trend. for now its still bearish.. just profit taking effect..
  • #443,979
  • Oct 17, 2016 9:28pm Oct 17, 2016 9:28pm
Quoting asnan7
{quote} need to break 1.2280 for bullish momentum. 1.3xxx to bullish trend. for now its still bearish.. just profit taking effect..
The UK cpi news coming in four hours will tell us our way, but i am bearish UK is in the red for now
  • #443,980
  • Oct 17, 2016 9:35pm Oct 17, 2016 9:35pm
Quoting uncletrumpet
{quote} The UK cpi news coming in four hours will tell us our way, but i am bearish UK is in the red for now
yes, let wait n see
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