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Cable Update (GBPUSD)

  • #445,541
  • Nov 17, 2016 3:48am Nov 17, 2016 3:48am
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  • #445,542
  • Nov 17, 2016 4:08am Nov 17, 2016 4:08am
If you are using the '80/20' rule in your Forex trading, share your views and experience with other traders here. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #445,543
  • Nov 17, 2016 4:15am Nov 17, 2016 4:15am
Quoting yuddy
{quote} Watching the mins closely. The news is taking GU north but may not last today.
Don't worry bears ur time is coming at close of NY or tomorrow
  • #445,544
  • Nov 17, 2016 4:21am Nov 17, 2016 4:21am
hourly shows reject break ,but then d1 says up so any positive d1 will do
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,545
  • Nov 17, 2016 4:51am Nov 17, 2016 4:51am
Running with a long now at 124 750 - lets see how it plays .. 4 hr chart might be in sooner and its worth a punt on the news alone ..
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  • #445,546
  • Nov 17, 2016 6:00am Nov 17, 2016 6:00am
Hi dean ,I don't think the brits don't give two hoots about EU threats ,don't believe the experts who have been proven so wrong so far
its business as usual with added benefit of weak currency and being a member


Quoting dean1star
Running with a long now at 124 750 - lets see how it plays .. 4 hr chart might be in sooner and its worth a punt on the news alone .. {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,547
  • Nov 17, 2016 6:14am Nov 17, 2016 6:14am
My trade opened today.Using 4Hr Timeframe.
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  • #445,548
  • Nov 17, 2016 6:47am Nov 17, 2016 6:47am
Quoting Bones
Hi dean ,I don't think the brits don't give two hoots about EU threats ,don't believe the experts who have been proven so wrong so far its business as usual with added benefit of weak currency and being a member {quote}
Hey Tony i think your right - personally Trumps election might of even just made a few people realise that Brexit is the least of their worries lol ..
  • #445,549
  • Nov 17, 2016 7:04am Nov 17, 2016 7:04am
I have a long on this pair, my target is at 1.2500.
  • #445,550
  • Nov 17, 2016 7:09am Nov 17, 2016 7:09am
Quoting james1254
I have a long on this pair, my target is at 1.2500.
Hi
My target is 1.26xxx Long
  • #445,551
  • Nov 17, 2016 7:38am Nov 17, 2016 7:38am
Is Yellen still showing up today evening?
  • #445,552
  • Nov 17, 2016 7:43am Nov 17, 2016 7:43am
Quoting james1254
I have a long on this pair, my target is at 1.2500.
Are you still positive on that long?
  • #445,553
  • Nov 17, 2016 9:46am Nov 17, 2016 9:46am
Pals any gist from Yellen ?
  • #445,554
  • Nov 17, 2016 9:46am Nov 17, 2016 9:46am
Quoting andexQ
it's all about probability, unless time traveler no one really sure with 100% certainty what market going to do next as retail trader ... i just try to figure out which one is more probable than the other and chart may give a hint in advance but it might also incorrect would be naive if someone expecting personal assistance for trading in this forum..

if u believe it is probability..u are wrongg

dont u think big bank playing forex based on probability??

hey pal..where is buyer and where is seller??
The High Frequency Trader with 10years experience
  • #445,555
  • Edited 11:15pm Nov 17, 2016 9:52am | Edited 11:15pm
Quoting hippiedog
{quote} gbpusd already high on the hour. I will not be buying on green numbers. I will only be selling on red numbers. Tp on selling if selling 1.2426 if this does rise on green... I will hold out for the following 1 and 2 hour candles and will look to sell with another tp target set at that time. I do not see any bullish trend in this yet. Just a spike. I would be looking for much smaller candle almost tiny candles before news to realize any trend in this coming event. Possible 1.25 on 1h and 1.256 on 4h selling area. Gu currently sitting above...
done

did somebody call for a bear.
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FREEDOM IS SECURITY.
  • #445,556
  • Edited 2:18pm Nov 17, 2016 10:36am | Edited 2:18pm
Closed long at a loss - just didnt feel right but it was a punt at the news ..
Probably now it will shoot up lol ..
  • #445,557
  • Edited 2:57pm Nov 17, 2016 2:47pm | Edited 2:57pm
usdx is testing highs ,only 3 hrs before my day close
$ has gone on a amazing run really is crunch time cant see the bears at all other than having range res
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,558
  • Nov 17, 2016 2:51pm Nov 17, 2016 2:51pm
Quoting dean1star
Closed long at a loss - just didnt feel right but it was a punt at the news .. Probably now it will shoot up lol ..
Dean, no long for me atm. Basically the bears will have it. Tomorrow is light news-wise, so imho the long-term technical outlook supervenes. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #445,559
  • Nov 17, 2016 3:12pm Nov 17, 2016 3:12pm
you need a $ miracle in 3 hr
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,560
  • Nov 17, 2016 5:14pm Nov 17, 2016 5:14pm
Quoting yuddy
{quote} Good calls there
thank you
i am not sure GBPJPY worked well but thanks GBPUSD was great today
and just FYI i think today might be a good day to sell again it will spike to 1.2570-80 hopefully
Hav a Nice day Guys
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