Cable Update (GBPUSD) | Page 22207 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #444,121
  • Oct 19, 2016 10:44am Oct 19, 2016 10:44am
Quoting yuddy
{quote} CAD and All it's friends are in a riot, jeeeeeez!!

my view if cad going down again...usd weak...then chance xxxusd to fly...

cmiiw
  • #444,122
  • Oct 19, 2016 10:51am Oct 19, 2016 10:51am
Quoting Luther
{quote} US oil inventories -5247K vs +2100K expected.
also

BOC Press Conference
  • #444,123
  • Oct 19, 2016 11:02am Oct 19, 2016 11:02am
Quoting kk300
2222-36 is very attractive price to buy... should go there if it want to go higher...
30 pips left...
  • #444,124
  • Oct 19, 2016 11:10am Oct 19, 2016 11:10am
Quoting kk300
{quote} 30 pips left...
its going down dude.. now 1.2260
  • #444,125
  • Oct 19, 2016 11:17am Oct 19, 2016 11:17am
From D1 chart, RSI still under 50.

From H4 chart, price still above the trend line.
But if it break and close below 1.2250, maybe it will start to going down again.
The RSI is going down to 50, so does the Stochastic.

From H1 chart, RSI and Stochastic already below 50.
The price also pierce the 200 SMA (1.2262).
If it break and close below 200 SMA, it will going down.

From 3 charts, I already short @1.2315 and @1.2287.
Will close 1 position before go to sleep
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 24 KB
Don't trust me. I'm still newbie
  • #444,126
  • Oct 19, 2016 11:23am Oct 19, 2016 11:23am
122 - if its possible have two short positions running on the 123 000 line.
had the up move from 121 700 so see if we get some shorting back too 122 zone.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-ifcmarkets-corp.png Size: 77 KB
  • #444,127
  • Oct 19, 2016 11:38am Oct 19, 2016 11:38am
Quoting yuddy
{quote} Oh pals, why are you guys looking to long GU? Take a few mins juz tell me any economic reasons you gat to tell someone to go and invest in the UK and compete effectively with other companies in the US? This is the brexit season, don't you see it, all the good data for UK can't even help GU rise to 100pips!!! Ur technicals are mathematical instruments, they don't know economic, dey just know rules!! If you want to see Gbp go high, give it some weed, else pals put on ur bear fur coats and rock the downtrend
{quote} Oh pals, why are you guys looking to long GU?
Attached Image (click to enlarge)
Click to Enlarge Name: quote-tragedy-is-a-close-up-comedy-a-long-shot-buster-keaton-87-81-55.jpg Size: 41 KB
  • #444,128
  • Oct 19, 2016 12:53pm Oct 19, 2016 12:53pm
guys its not just cad, aud did the same thing. AUD has hit a high. It just started moving earlier so I feel like someone is messin with me
  • #444,129
  • Oct 19, 2016 2:34pm Oct 19, 2016 2:34pm
anyone still long ?? I am still short (entry 1.2261 .... 1st target 1.22) as Election in US is closing in with Donald losing a bit of ground and the clock is ticking for announcements on how Brexit will be approached, I just can't see it going really up ... just my opinion ...
  • #444,130
  • Oct 19, 2016 3:25pm Oct 19, 2016 3:25pm
2010 flash crash
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Come with me if you want to live....
  • #444,131
  • Oct 19, 2016 6:59pm Oct 19, 2016 6:59pm
Quoting Dalchow
anyone still long ?? I am still short (entry 1.2261 .... 1st target 1.22) as Election in US is closing in with Donald losing a bit of ground and the clock is ticking for announcements on how Brexit will be approached, I just can't see it going really up ... just my opinion ...
Yes bro,,I am still long
  • #444,132
  • Oct 19, 2016 8:32pm Oct 19, 2016 8:32pm
Quoting Dalchow
anyone still long ?? I am still short (entry 1.2261 .... 1st target 1.22) as Election in US is closing in with Donald losing a bit of ground and the clock is ticking for announcements on how Brexit will be approached, I just can't see it going really up ... just my opinion ...
 
I'm still short.
Wait and see for around 1.2250. It has become strong support.
Don't trust me. I'm still newbie
  • #444,133
  • Oct 20, 2016 12:34am Oct 20, 2016 12:34am
most probable outcome.. price go from here(where currently is) to 2350(find support) then again 2297( which could be tested two or more times )and then free fall... this is what the structure is telling me.
  • #444,134
  • Oct 20, 2016 1:42am Oct 20, 2016 1:42am
EARLY MORNING REPORT
Ubi maior minor cessat
  • #444,135
  • Oct 20, 2016 2:13am Oct 20, 2016 2:13am
Quoting yuddy
{quote} Oh pals, why are you guys looking to long GU? Take a few mins juz tell me any economic reasons you gat to tell someone to go and invest in the UK and compete effectively with other companies in the US? This is the brexit season, don't you see it, all the good data for UK can't even help GU rise to 100pips!!! Ur technicals are mathematical instruments, they don't know economic, dey just know rules!! If you want to see Gbp go high, give it some weed, else pals put on ur bear fur coats and rock the downtrend
Forex is 50/50 fundamental and technical, let us know what is moving that time
for now gbp is in a mess, the bears are waiting for the best time to come in, every correction upward is a trap, FUNDAMENTAL WILL DRIVE GBP
  • #444,136
  • Oct 20, 2016 2:22am Oct 20, 2016 2:22am
The hourly trend has reversed but it is only a short term up trend in the daily down trend, at least for now, could be heading for 1. 2400 ish or 1.280 ish
Follow The Markets Structure - Patience and Discipline
  • #444,137
  • Oct 20, 2016 2:27am Oct 20, 2016 2:27am
Quoting pipfarm
The hourly trend has reversed but it is only a short term up trend in the daily down trend, at least for now, could be heading for 1. 2400 ish or 1.280 ish
i m thinking otherway, based on h4 candles
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #444,138
  • Oct 20, 2016 2:34am Oct 20, 2016 2:34am
Quoting Tpak
{quote} i m thinking otherway, based on h4 candles


The sheer amount of people here longing and going against the main trend is as usual staggering. Same when price was around 1.29.
  • #444,139
  • Oct 20, 2016 2:45am Oct 20, 2016 2:45am
omg usd so strong
  • #444,140
  • Oct 20, 2016 3:00am Oct 20, 2016 3:00am
Yesterday evenings bounce of the pivot line kinda suggested an upwards move and as its not hit south yet (the tricky asia drop kinda moves) then the reasoning can only be a logical one at that. The ground may be below but sky we greet you.
341 traders viewing now, 1 is registered:
Thinkover26