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Cable Update (GBPUSD)

  • #445,161
  • Nov 7, 2016 2:52am Nov 7, 2016 2:52am
Quoting TudorIoan
No sign of recovering the weekend gap, not even with Halifax HPI m/m good numbers. PM May's determination to cut off EU despite legal challenge matters most for the pound bearish trend!
I'd say it has all to do with election, none of the pairs recovered the weekend gap yet. UJ is up 150 pips including the gap.
  • #445,162
  • Nov 7, 2016 2:55am Nov 7, 2016 2:55am
Quoting mades
{quote} I'd say it has all to do with elections, none of the pairs recovered the weekend gap yet. UJ is up 150 pips including the gap.
You're right, the USPresidentials are the main trigger for the USD pairs gap!
Just wanted to say that PM's May determination is to be added to the negative balance for the pound.
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  • #445,163
  • Nov 7, 2016 3:00am Nov 7, 2016 3:00am
Quoting TudorIoan
{quote} You're right, the USPresidentials are the main trigger for the USD pairs gap! Just wanted to say that PM's May determination is to be added to the negative balance for the pound.
Yeah cable is the weakest currency this morning followed by eur. Looks like markets are starting to believe in clinton's victory again.
  • #445,164
  • Nov 7, 2016 3:13am Nov 7, 2016 3:13am
Quoting TudorIoan
{quote} You're right, the USPresidentials are the main trigger for the USD pairs gap! Just wanted to say that PM's May determination is to be added to the negative balance for the pound.
And the showdown is just couple of hours away. Fireworks might start tomorrow on charts, it's gonna be great fantastic as speculations and strenuous probability analysis, and what-ifs, finally fade away and reality kicks in. Pals are ur SL and TPs standing by? Lol
  • #445,165
  • Nov 7, 2016 3:27am Nov 7, 2016 3:27am
Quoting yuddy
{quote} And the showdown is just couple of hours away. Fireworks might start tomorrow on charts, it's gonna be great fantastic as speculations and strenuous probability analysis, and what-ifs, finally fade away and reality kicks in. Pals are ur SL and TPs standing by? Lol
Don't trade tomorrow! Just get your popcorn and watch the fireworks (exit polls)!
...well, even today, in the next hours ahead the elections, maybe we'll find another ...emails lolololo
Member
  • #445,166
  • Edited 10:45am Nov 7, 2016 3:32am | Edited 10:45am
The recent pairs upside is viewed as corrective only for the time being. GBP/USD could advance to the 1.2620/25 in the next weeks.The pair is facing aggressive selling pressure as opinion poles showing Clinton heading for victory
  • #445,167
  • Nov 7, 2016 3:55am Nov 7, 2016 3:55am
122 500 for short to be closed ..
  • #445,168
  • Nov 7, 2016 4:01am Nov 7, 2016 4:01am
Quoting dean1star
122 500 for short to be closed ..
ok my mistake short to be closed on 122 600
  • #445,169
  • Nov 7, 2016 5:04am Nov 7, 2016 5:04am
Quoting Bones
here , http://www.forexfactory.com/showthre...51#post9237551 but i put the words on the chart.....
thank you fro reply. you didn't . not in post that i commented.

I asked you in past: why was referendum if parliament can change referendum decision? now court is doing same indirectly forcing issue to parliament. People wanted brexit because of immigrants and EUZ wants to share immigrants in exchange for free trades...basically now court and parliament will decide about it. Directly or indirectly referendum will be obsoleted. Right?
  • #445,170
  • Nov 7, 2016 5:58am Nov 7, 2016 5:58am
Quoting ruma29
{quote} thank you fro reply. you didn't . not in post that i commented. I asked you in past: why was referendum if parliament can change referendum decision? now court is doing same indirectly forcing issue to parliament. People wanted brexit because of immigrants and EUZ wants to share immigrants in exchange for free trades...basically now court and parliament will decide about it. Directly or indirectly referendum will be obsoleted. Right?
If you go back in time .. Cromwells speech to the house i think?

"It is high time for me to put an end to your sitting in this place, which you have dishonored by your contempt of all virtue, and defiled by your practice of every vice; ye are a factious crew, and enemies to all good government; ye are a pack of mercenary wretches, and would like Esau sell your country for a mess of pottage, and like Judas betray your God for a few pieces of money. Is there a single virtue now remaining amongst you? Is there one vice you do not possess?

"Ye have no more religion than my horse; gold is your God; which of you have not barter'd your conscience for bribes? Is there a man amongst you that has the least care for the good of the Commonwealth? Ye sordid prostitutes have you not defil'd this sacred place, and turn'd the Lord's temple into a den of thieves, by your immoral principles and wicked practices? Ye are grown intolerably odious to the whole nation; you were deputed here by the people to get grievances redress'd, are yourselves gone! So! Take away that shining bauble there, and lock up the doors. In the name of God, go!"
  • #445,171
  • Nov 7, 2016 6:36am Nov 7, 2016 6:36am
GBPUSD M5 Bullish Flag .....

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  • #445,172
  • Nov 7, 2016 7:09am Nov 7, 2016 7:09am
I posted a comment on Saturday but part omitted. Try again

On 7 October, the day of the flash crash, my broker indicated a bottom that has since been upped by nearly 600 pips. The chart existed for many days and I had previously commented on it on this site. Originally it showed 1.1207. This was the or nearly (7 pips) the 1.618 extension of the 2nd wave up Jan 2009 low to July 2014 high. So quite miffed that the chart has been changed. Was working on the scenario that a major wave 3 had terminated. The 3rd wave had its own 5 wave down so was looking for an ABC correction/ larger wave 4 up terminating at about 1.30 but first a 61.8% retracement. Can anyone advise why this would be so
  • #445,173
  • Edited 7:48am Nov 7, 2016 7:18am | Edited 7:48am
Quoting traderblah
I posted a comment on Saturday but part omitted. Try again On 7 October, the day of the flash crash, my broker indicated a bottom that has since been upped by nearly 600 pips. The chart existed for many days and I had previously commented on it on this site. Originally it showed 1.1207. This was the or nearly (7 pips) the 1.618 extension of the 2nd wave up Jan 2009 low to July 2014 high. So quite miffed that the chart has been changed. Was working on the scenario that a major wave 3 had terminated. The 3rd wave had its own 5 wave down so was looking...
My humble opinon is that i dont think your going to ever get an answer which justifies what your seeking. There are too many elements involved and this is forex after all. Traders move on quickly but hey good look with your search. BTW personally i sense your pretty close to being right with your analysis, from the outset i believed it was pre - planned that kind of move has to be. Algo reads news paper report and market rumbles was the media spin of course. tight unit .. modus operandi being this is what we gonna do, and when and this is how its going down - for me anyways i hold that opinion. Can someone really just appear and take such a dump on the floor without leaving some evidence - people in the know for sure know - that keeps us just guessing, which is the way it is. And lets be honest if was a pretty spectacular dump after all and on a really big floor too. How high up did this go - on a command chain level - pretty fcking high for sure.
  • #445,174
  • Nov 7, 2016 8:00am Nov 7, 2016 8:00am
Quoting dean1star
{quote} If you go back in time .. Cromwells speech to the house i think? "It is high time for me to put an end to your sitting in this place, which you have dishonored by your contempt of all virtue, and defiled by your practice of every vice; ye are a factious crew, and enemies to all good government; ye are a pack of mercenary wretches, and would like Esau sell your country for a mess of pottage, and like Judas betray your God for a few pieces of money. Is there a single virtue now remaining amongst you? Is there one vice you do not possess? "Ye...
Who is Cromwell?
  • #445,175
  • Nov 7, 2016 8:04am Nov 7, 2016 8:04am
Quoting yuddy
{quote} Who is Cromwell?
https://en.wikipedia.org/wiki/Oliver_Cromwell
  • #445,176
  • Nov 7, 2016 8:37am Nov 7, 2016 8:37am
Quoting yuddy
{quote} Simply catching the south train. The retracement is over 40 pips from 25xx
Good for you...it is paying off.
  • #445,177
  • Nov 7, 2016 10:20am Nov 7, 2016 10:20am
watching red-line

GU - H4
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  • #445,178
  • Nov 7, 2016 10:53am Nov 7, 2016 10:53am
Countdown to the launch of fireworks in the market .
Lol
  • #445,179
  • Nov 7, 2016 11:03am Nov 7, 2016 11:03am
Quoting yuddy
Countdown to the launch of fireworks in the market . Lol
After how many hours you think the count down will end and starting the "fireworks"..!?
  • #445,180
  • Nov 7, 2016 11:05am Nov 7, 2016 11:05am
Quoting hippiedog
Just a little something to start the week newbies. On the 1H add 100 ema and envelopes 10/0.100. I am not suggesting you to take the trade but this can help your understanding. Wait for next close below envelopes then look for break lower. Sell for 100 ema. Stop or hedge above envelopes or high. Not the ultimate strategy but is good enough to start the week. Adding good technical analysis TL'S FIBONACCI ETC ETC can only be to your advantage. The further the distance between envelopes and ema the greater the probability. In other words no selling...
Something like that but without the huge gap
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