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Cable Update (GBPUSD)

  • #446,521
  • Dec 13, 2016 12:51am Dec 13, 2016 12:51am
16/12/13 TUESDAY 07:50+1GMT (edited untill 07:51)
EARLY MORNING REPORT
Ubi maior minor cessat
  • #446,522
  • Dec 13, 2016 1:23am Dec 13, 2016 1:23am
Looking for a strong UK inflation number this afternoon for a LHS move on the gbpusd.
  • #446,523
  • Dec 13, 2016 2:52am Dec 13, 2016 2:52am
inflation could be the driver if this is weak next will be high
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,524
  • Dec 13, 2016 2:57am Dec 13, 2016 2:57am
Quoting Bones
inflation could be the driver if this is weak next will be high {image} {image}
good one!
thanks for sharing
90% of traders use TA, indicators and prediction
  • #446,525
  • Dec 13, 2016 3:11am Dec 13, 2016 3:11am
oils acting a bit weird d1 and UC on that tl ,but here's something closed,longer term view

Quoting _BBKing_
{quote} good one! thanks for sharing
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,526
  • Dec 13, 2016 3:29am Dec 13, 2016 3:29am
Quoting Bones
oils acting a bit weird d1 and UC on that tl ,but here's something closed,longer term view {quote} {image}
I missed the opp in 45 (light crude) during the opec events last weeks. Tried to get in and join the ride.
Will probably try around these levels into 52 area but I smell a move lower before going to 60.
Maybe this week $ will give it a push down before shooting?
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #446,527
  • Dec 13, 2016 3:33am Dec 13, 2016 3:33am
Quoting Ill-b-back
I'm thinking a little trip south before more north towards 1.3ish {image} {image}
ok, so the trip back to 2301 didn't work out, back to plan A.
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Come with me if you want to live....
  • #446,528
  • Dec 13, 2016 3:36am Dec 13, 2016 3:36am
100 pips closed first long from 126.
Second long position letting it run see if they take out the high point ..
Attached Image (click to enlarge)
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  • #446,529
  • Dec 13, 2016 3:38am Dec 13, 2016 3:38am
Quoting dean1star
100 pips closed first long from 126. Second long position letting it run see if they take out the high point .. {image}
well done!
90% of traders use TA, indicators and prediction
  • #446,530
  • Dec 13, 2016 3:43am Dec 13, 2016 3:43am
Quoting _BBKing_
{quote} well done!
Thanks - Patience sometimes is the key..
Looks like a step up and down kinda move if they go for the new high.
A straight move might seem way to easy but then lets see.
  • #446,531
  • Dec 13, 2016 3:47am Dec 13, 2016 3:47am
I am long targeting 1.275-1.276 area as my next resistance level. Let's wait and see.
Learn something new everyday.
  • #446,532
  • Dec 13, 2016 3:49am Dec 13, 2016 3:49am
Quoting Bones
inflation could be the driver if this is weak next will be high {image} {image}

thanks for this post. helped me make my trade of the day. Best regards
  • #446,533
  • Dec 13, 2016 3:54am Dec 13, 2016 3:54am
This is what I see...
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  • #446,534
  • Dec 13, 2016 4:03am Dec 13, 2016 4:03am
When long at breakout at 700 ..
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  • #446,535
  • Dec 13, 2016 4:09am Dec 13, 2016 4:09am
Looking at the 10s gilt rally after the data. Hopefully will have spillovers effects on the gbpusd
  • #446,536
  • Dec 13, 2016 4:14am Dec 13, 2016 4:14am
I'm waiting for a short at 1.277 or earlier. I feel this will drop soon.
who dares wins
  • #446,537
  • Dec 13, 2016 4:15am Dec 13, 2016 4:15am
Just posted in the video thread.
I think this video deserves a place even here...
Inserted Video
90% of traders use TA, indicators and prediction
  • #446,538
  • Dec 13, 2016 4:40am Dec 13, 2016 4:40am
Hi cool im just pointing a possible developing situ ,I was long last rise but not this one I'm on sideline prefer pullback off that zone now since I missed the move

Quoting Windstrown
{quote} thanks for this post. helped me make my trade of the day. Best regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,539
  • Dec 13, 2016 5:32am Dec 13, 2016 5:32am
Quoting Bones
oils acting a bit weird d1 and UC on that tl ,but here's something closed,longer term view {quote} {image}
It's getting interesting, been doing quite well with forecast starting to show some promise.
My read here, not the gospel of course just my 2c
Post #1,022

Rgds Mr B.

Trade safe
  • #446,540
  • Dec 13, 2016 7:19am Dec 13, 2016 7:19am
Two-year high CPI seems fueling GBPUSD towards 1.2790 - 1.2800 region but less upside likely beyond that.
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