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Cable Update (GBPUSD)

  • #450,941
  • Mar 15, 2017 1:24am Mar 15, 2017 1:24am
I might of just checked out the baby was ok look left on the day support from its bin bounce ??? Might be time to go long ???
  • #450,942
  • Mar 15, 2017 1:27am Mar 15, 2017 1:27am
Quoting Sedate
Does anybody have any idea what just happened?!
A typical FOMC day
https://www.fxstreet.com/analysis/tr...t-201703141531
  • #450,943
  • Mar 15, 2017 1:48am Mar 15, 2017 1:48am
Bank rate this week ?? Could be in for a surprise . Best way to stop Britx killing the pound it to put the rate up
  • #450,944
  • Mar 15, 2017 1:49am Mar 15, 2017 1:49am
One can not trade this market right now.
  • #450,945
  • Mar 15, 2017 1:51am Mar 15, 2017 1:51am
Quoting Taurean
{quote} whats your take on the upcoming FOMC news release? Loud talk about the possibility of a 25 basis point rate hike. Are you comfortable being short the USD?
USD?
Let, see what next.

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I'm going to bed now.
  • #450,946
  • Mar 15, 2017 1:53am Mar 15, 2017 1:53am
Quoting elbert3
Bank rate this week ?? Could be in for a surprise . Best way to stop Britx killing the pound it to put the rate up

No this will not happend. It is good for the UK to have a low currency for some time. The pound is ready for an upward correction and they do it at the moment of the Election in Netherlands and the taye hike in the US where People are certain f the opposite.People will short and short but this will only rise
  • #450,947
  • Mar 15, 2017 2:05am Mar 15, 2017 2:05am
Quoting elbert3
Bank rate this week ?? Could be in for a surprise . Best way to stop Britx killing the pound it to put the rate up
Pound will be under value to give export growth.
Risk comes from not knowing what you're doing.
  • #450,948
  • Mar 15, 2017 2:05am Mar 15, 2017 2:05am
Good morning,i presume that GU will reach 1.2341 after breaking the 1st & 2nd resistance via the news of Average Earnings Index 3m/y
  • #450,949
  • Mar 15, 2017 2:52am Mar 15, 2017 2:52am
It becomes annoying that Asia is more active than London sesh recently. What's going on, guys?
  • #450,950
  • Mar 15, 2017 2:56am Mar 15, 2017 2:56am
Quoting DonMalaya
im buying GU now at 1.2130 with Stop 35point

close all..

done 100++pips..

saw some seller up there..

guys...it can go down ..this is not real buyer...look like searching for stop..
Made in Malaysia <3
  • #450,951
  • Mar 15, 2017 2:57am Mar 15, 2017 2:57am
Quoting WaspyGlasses
It becomes annoying that Asia is more active than London sesh recently. What's going on, guys?

try look the orderflow...no one has the answer ..even bloomberg and news feed doest know all about..market itself is the "answer"
Made in Malaysia <3
  • #450,952
  • Mar 15, 2017 5:21am Mar 15, 2017 5:21am
Didn’t you guys noticed that the selling yesterday started exactly at the same time as the buying today at 7:00 GMT ? The best way to play with uncertainty in the GBP. Thin Asia market and with the proper order flow I would have done the same.
  • #450,953
  • Mar 15, 2017 5:44am Mar 15, 2017 5:44am
Nice move but also nice rejection of higher prices. I have a suspicion this sucka is close to a bottom so trying longs with stops at 1.2030 but wouldn't be surprised if goes below 1.21 before up, lets see what happens!
Loser trying to become a winner!
  • #450,954
  • Mar 15, 2017 7:34am Mar 15, 2017 7:34am
Hi...seems like this position will be long before hike up...
Happiness lies in Sincerity
  • #450,955
  • Mar 15, 2017 8:39am Mar 15, 2017 8:39am
hope it moves long
  • #450,956
  • Mar 15, 2017 8:42am Mar 15, 2017 8:42am
The price moves up to the point of 1.22970. And I guess if the price continues to go up. The nearest target is 1.22536. However, there is a possibility of a price down to 1,21087 point. And in this case the nearest target is 1,21361 point.
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  • #450,957
  • Mar 15, 2017 9:42am Mar 15, 2017 9:42am
Quoting Zakhar13
The price moves up to the point of 1.22970. And I guess if the price continues to go up. The nearest target is 1.22536. However, there is a possibility of a price down to 1,21087 point. And in this case the nearest target is 1,21361 point. {image}
Nearest day trade tgt would be 2230ish area, where it sold off from on the news releases for the gbp.. Probably be in that area bout the time the mellon yellon yaps
  • #450,958
  • Mar 15, 2017 9:45am Mar 15, 2017 9:45am
Just gyrating around weekly pivot atm .
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  • #450,959
  • Mar 15, 2017 10:02am Mar 15, 2017 10:02am
Quoting elbert3
I might of just checked out the baby was ok look left on the day support from its bin bounce ??? Might be time to go long ???
Not quite there yet man , got to get the 2 stochs to cross and take the next plunge to a major level to buy longer term and hold for a bit ( or a spike to a major level to sell till they cross)
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  • #450,960
  • Mar 15, 2017 10:25am Mar 15, 2017 10:25am
Important spike levels I will be watching at least to me lol ,,,,, Last weeks high and the quarterly open ,,,,,,,, quarterly open especially on the news release .
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