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Cable Update (GBPUSD)

  • #452,281
  • Apr 27, 2017 12:32pm Apr 27, 2017 12:32pm
Quoting diana91
1.29 seems so strong right now. I would open a short here, with target of around 50 pips, it seems like everything is set up for slight correction.
i really hope it goes down 50 pips will be very nice to see
  • #452,282
  • Apr 27, 2017 5:23pm Apr 27, 2017 5:23pm
Quoting Ill-b-back
Looks like 1.2959 coming up
Hmmm maybe drop to 2850 area support first
Come with me if you want to live....
  • #452,283
  • Apr 28, 2017 1:08am Apr 28, 2017 1:08am
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  • #452,284
  • Apr 28, 2017 2:51am Apr 28, 2017 2:51am
Quoting hippiedog
Tomorrows Prelim GDP q/q?????? red numbers on 21st without a lower close prior next leading GBP pair. Any future high without a retest will be a fakey. I still remain bullish on monthly as candle of the year. This is short term forecast prior tomorrows gdp. Watch the fakey. SECRET SAUCE THAT FAKEY Also eurnzd opportunity TP below TL {image} {image} {image}
Hi pound warriors

At 8:10 a strong push up?? why?
Oh yes the GDP data at 9:30 was leaked :-0
I'm shocked

Trade as you see. I'd wait for stop hunt. Maybe buy 2910. Profit 3004
Beware of robber banks (RB), bad advisors.
  • #452,285
  • Apr 28, 2017 2:52am Apr 28, 2017 2:52am
I guess we may see some good pullback soon the GDP going to be bad and GU will come back 100 to 200 pips
this is just my thinking
  • #452,286
  • Apr 28, 2017 3:00am Apr 28, 2017 3:00am
Morning not traded much this week but might just do a triple this morning on the news for correction shirt Euro gbj and already have short gb wit long hedge in place so gl .
  • #452,287
  • Apr 28, 2017 3:04am Apr 28, 2017 3:04am
Quoting sameerbusine
I guess we may see some good pullback soon the GDP going to be bad and GU will come back 100 to 200 pips this is just my thinking
This is my thinking too. I think I should stay flat today, but this pair is so tempting right now.
"Don't lose your cool, and you will fare well".
  • #452,288
  • Apr 28, 2017 3:05am Apr 28, 2017 3:05am
Got a feeling this could be a push up before a big fall, will wait for PA to confirm but careful trading Long before the news GL
  • #452,289
  • Apr 28, 2017 3:09am Apr 28, 2017 3:09am
All of you who are trading for a considerable amount of time have seen so much situations where markets rally only to pull back sharply quickly. This might be such situation.
"Don't lose your cool, and you will fare well".
  • #452,290
  • Apr 28, 2017 3:25am Apr 28, 2017 3:25am
short @1.29287 SL 1.295
Lets see how it gonna be
  • #452,291
  • Apr 28, 2017 3:34am Apr 28, 2017 3:34am
I hope everyone has got some pips. I took some on GBP/JPY, thought it was going to react more properly to the news... And it is Friday. I shouldn't be trading on Friday.
"Don't lose your cool, and you will fare well".
  • #452,292
  • Apr 28, 2017 4:04am Apr 28, 2017 4:04am
My weekly forecast for GBPUSD went quite good. I've posted it at the beginning of the week on my twitter feed here: https://twitter.com/Daytrader213

The red line is how I saw GBPUSD at the beginning of the week and you can already see how it went, we broke to the upside as expected.

I'm up almost 900 pips from 1.2100 low, as I've been calling this bullish trend from the very low point.
Attached Image (click to enlarge)
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  • #452,293
  • Apr 28, 2017 4:22am Apr 28, 2017 4:22am
Quoting Spec_And
First target of 1.27 hit, going to peel off 1/4 of my position. Still think this goes much higher, the dollar's days are numbered.
Took off another 1/4 today at 1.295, will flat the rest at 1.33.
"Where you want to be is always in control, never wishing, always trading.
  • #452,294
  • Apr 28, 2017 5:02am Apr 28, 2017 5:02am
Scalp +10 pips
Attached Image
  • #452,295
  • Apr 28, 2017 6:09am Apr 28, 2017 6:09am
[quote=Not-KPMG;9807026]{quote} Hi pound warriors At 8:10 a strong push up?? why? Oh yes the GDP data at 9:30 was leaked :-0 I'm shocked
UK is one of the Oldest Civilized Ciuntry (So Called) How the Govermental Secrets Got leaked Almost 90%????
  • #452,296
  • Apr 28, 2017 8:38am Apr 28, 2017 8:38am
Gu +20 pips

Careful shorting yet GL
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 6 KB
  • #452,297
  • Apr 28, 2017 10:47am Apr 28, 2017 10:47am
As much as strong resistance it was, it is equally strong support now. I hope that many of you have made serious profits by buying dips. I wish I had, I have chosen bad time to exercise my discipline.
"Don't lose your cool, and you will fare well".
  • #452,298
  • Edited Apr 29, 2017 5:30am Apr 28, 2017 8:43pm | Edited Apr 29, 2017 5:30am
Nice monthly hammer after consolidation. Buying dips, with 2845 being a good spot I think
Come with me if you want to live....
  • #452,299
  • Apr 29, 2017 8:00am Apr 29, 2017 8:00am
Gbpusd is macd divergence, of course it does not mean anything. h4.
Because it can not be trusted.
  • #452,300
  • Apr 30, 2017 4:24am Apr 30, 2017 4:24am
GBP/USD is having a very strong bullish rally as price advanced to a high of 1.2962. Bears might try to take it down this week.
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