GBPUSD Bullish Trend Continues
forex_trader_136673
Miembro desde Jun 28, 2013
posts 852
Feb 18, 2014 at 17:33
(editado Feb 18, 2014 at 17:34)
Well most likely big specs taking profits. While seeing traders desperately wanting for trend to reverse and extreme sentiment, Possibly this scenario:
forex_trader_150670
Miembro desde Sep 12, 2013
posts 110
Feb 18, 2014 at 20:18
(editado Feb 18, 2014 at 20:20)
Morgan Stanley a renforcé sa position baissière sur GBP/USD sur 1.6750, avec un stop loss sur 1.6870 et un objectif à 1.6120.
« Nous sommes entrés sur ce trade à la baisse étant donné que le câble semble avoir atteint un top. La croissance UK a été forte mais notre opinion est que le marché semble avoir trop anticipé une hausse du taux directeur plus tôt que prévu.
Nous avons rehaussé notre stop loss de notre précédente position à 1.6870. Nous nous attendons à une cassure des 1.6670 qui ouvrirait la voie des 1.6450. »
« Nous sommes entrés sur ce trade à la baisse étant donné que le câble semble avoir atteint un top. La croissance UK a été forte mais notre opinion est que le marché semble avoir trop anticipé une hausse du taux directeur plus tôt que prévu.
Nous avons rehaussé notre stop loss de notre précédente position à 1.6870. Nous nous attendons à une cassure des 1.6670 qui ouvrirait la voie des 1.6450. »
Feb 19, 2014 at 06:58
ahuruglica posted:
Well most likely big specs taking profits. While seeing traders desperately wanting for trend to reverse and extreme sentiment, Possibly this scenario:
https://www.myfxbook.com/files/ahuruglica/gbpusd1.png
Nice planning, Ardit
love it :)
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
forex_trader_136673
Miembro desde Jun 28, 2013
posts 852
Feb 19, 2014 at 07:26
Thanks Yohana
Everyone in sell positions so somebody have to be on the buy side too. By my experience, it pays to be contrarian. Not always, but most of the time. Lets see :)
Everyone in sell positions so somebody have to be on the buy side too. By my experience, it pays to be contrarian. Not always, but most of the time. Lets see :)
Miembro desde Jan 14, 2014
posts 386
Feb 19, 2014 at 09:09
The first target @1.6450!
Happy trading!
Happy trading!
Feb 19, 2014 at 09:13
Forex21 posted:ProTradersGroup posted:
The first target @1.6450!
Happy trading!
That's very brave. 😐 BTW...in 20 min bunch of important GBP news come out.
😁 no prob
my first support arround 1.66
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
Feb 19, 2014 at 09:17
ProTradersGroup posted:
The first target @1.6450!
Happy trading!
There are 3 truths when trading the markets: #1 You are not the shit. #2 Someone always knows something before you. #3 Lots of manipulation
A trader can be an economist but an economist could never be a trader. They are too theoretical.
Feb 19, 2014 at 09:47
rahiths posted:ProTradersGroup posted:
The first target @1.6450!
Happy trading!
There are 3 truths when trading the markets: #1 You are not the shit. #2 Someone always knows something before you. #3 Lots of manipulation
Market is NOT easy. be careful. there's also market manipulation.
do not make any positions if we can't reveal where's strong support/resistance.
next week I hope we will see support 1.64 - 1.635 😎
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
Miembro desde Jan 25, 2013
posts 11
Feb 19, 2014 at 12:41
it looks like big boys are still playing around.....waiting for breaking down EMA 100 on H1...waiting in vain😎
trading is not just how to turn $1 to $1000 but how to keep $ 1000 up and not to turn it to $1
Miembro desde Jan 25, 2013
posts 11
Feb 19, 2014 at 12:41
rahiths posted:edwinfrezco posted:
enough is enough....going down now😎
Good for you man😄
good luck for you bro
trading is not just how to turn $1 to $1000 but how to keep $ 1000 up and not to turn it to $1
forex_trader_136673
Miembro desde Jun 28, 2013
posts 852
Feb 19, 2014 at 14:18
All I know is that it is goung to be a blood bath.
forex_trader_150670
Miembro desde Sep 12, 2013
posts 110
Feb 19, 2014 at 16:42
Crédit Agricole estimated in a note published today that the GBP has been blocked by lower data expectations regarding inflation, which emerged in the BoE target of 2% for the first time since 2009.
However, with more perspective, the GBP was more sensitive to the improvement in the labor market and the mixed price trends. This is especially true given the fact that expectations inflations measured by the rate at 5 years forward remain stable over 3%.
Therefore, data from the labor market and retail sales this week will become even more important.
And insofar as we expect that growth prospects remain favorable, we continue to advise to buy GBP / USD on its lows....
However, with more perspective, the GBP was more sensitive to the improvement in the labor market and the mixed price trends. This is especially true given the fact that expectations inflations measured by the rate at 5 years forward remain stable over 3%.
Therefore, data from the labor market and retail sales this week will become even more important.
And insofar as we expect that growth prospects remain favorable, we continue to advise to buy GBP / USD on its lows....
Feb 19, 2014 at 17:04
SwissManagement posted:
Crédit Agricole estimated in a note published today that the GBP has been blocked by lower data expectations regarding inflation, which emerged in the BoE target of 2% for the first time since 2009.
However, with more perspective, the GBP was more sensitive to the improvement in the labor market and the mixed price trends. This is especially true given the fact that expectations inflations measured by the rate at 5 years forward remain stable over 3%.
Therefore, data from the labor market and retail sales this week will become even more important.
And insofar as we expect that growth prospects remain favorable, we continue to advise to buy GBP / USD on its lows....
Sure we should buy anything on dip.
How low can GBP/USD go?
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
Feb 19, 2014 at 17:51
Technical:
My technical says weekly still OB above 70% and Daily 60%
Fundamental:
'Fed's Lockhart: Despite Weak Data, Taper Process To Proceed,' at 12:15 p.m. EST
for me: it means Pound has limited room to rise this week.
also, usually market would like to taking profit after a week rally :)
Even I could wrong, I still place sell-limit on each Resistance
first target to 1.653x or wait on each support until OS at least 50%
Zoom in H1.
My technical says weekly still OB above 70% and Daily 60%
Fundamental:
'Fed's Lockhart: Despite Weak Data, Taper Process To Proceed,' at 12:15 p.m. EST
for me: it means Pound has limited room to rise this week.
also, usually market would like to taking profit after a week rally :)
Even I could wrong, I still place sell-limit on each Resistance
first target to 1.653x or wait on each support until OS at least 50%
Zoom in H1.
Archivos adjuntos:
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
Feb 19, 2014 at 22:38
yohana posted:
Technical:
My technical says weekly still OB above 70% and Daily 60%
Fundamental:
'Fed's Lockhart: Despite Weak Data, Taper Process To Proceed,' at 12:15 p.m. EST
for me: it means Pound has limited room to rise this week.
also, usually market would like to taking profit after a week rally :)
Even I could wrong, I still place sell-limit on each Resistance
first target to 1.653x or wait on each support until OS at least 50%
Zoom in H1.
[/quote
Hi Yohana
Can you please say which indicators you are using
eogorman@
Feb 20, 2014 at 04:53
knockroe posted:yohana posted:
Technical:
My technical says weekly still OB above 70% and Daily 60%
Fundamental:
'Fed's Lockhart: Despite Weak Data, Taper Process To Proceed,' at 12:15 p.m. EST
for me: it means Pound has limited room to rise this week.
also, usually market would like to taking profit after a week rally :)
Even I could wrong, I still place sell-limit on each Resistance
first target to 1.653x or wait on each support until OS at least 50%
Zoom in H1.
[/quote
Hi Yohana
Can you please say which indicators you are using
Hi knockroe,
how could I say .. it is not match with the topic in this thread :)
The weakest creature in the world is a human. It's a reason why the human always develop anything to make them stronger. I am here is just for share, not teaching anyone :)
