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Cable Update - Continued 103 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting albchr
{quote} Nice post FXSayWhat. Not just a news post but with your view on it as well. I don't know much about these things but my TA view would agree with your conclusion. Welcome
Quoting navk
{quote} Fundamentally your views are right. But I dunno what made the market to move up, though it is yet to break the high.
Albchr, thank you.

My TA is conflicting with the latest speech too. I will just stay flat for now. Good luck.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
Quoting Algorerythmn
{quote} yes welcome to you from a new fellow .. i hope we both make great success - i placed a buy this morning so that was good shall wait patiently for a sell now .. thank you and it is great to be here as this www site has such an world reptuation .. Traders ELBERT - ALBCHR and DAVIT are known around the world of new traders .. amazing
i don;t know about Davit. We kinda started off from the wrong foot couple weeks earlier, i suppose.
haha I am just joking. I hope it's water under the bridge now.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
Quoting albchr
{image}
mmmmmmmmmmmmmmmmm
ok. its over. thank goodness.
Quoting elbert3
{quote} mmmmmmmmmmmmmmmmm
yeah...so what now.. nothing so new to move the market.. :/ I want my 1.6700 :/
1 hour in and 17.02x holding
Quoting giveachance
ok. its over. thank goodness.
you wont like this ,,
Trade confirmation
On 26-Jun-2014 at 10:34:08 (GMT)
You bought 5GBPUSD @ 1.70254 for value date 30-Jun-2014
Front office position id: 139480911
Account:
tp 36 then short order comes in sl 17
Quoting FXSayWhat
{quote} {quote} Albchr, thank you. My TA is conflicting with the latest speech too. I will just stay flat for now. Good luck.
Probably not a bad idea sir. Too many talking heads on both sides of this pair to really know. I agree with PT that lately it just seems to break a lot of the rules. Well, at least the ones I know of so far.

Quoting FXSayWhat
{quote} i don;t know about Davit. We kinda started off from the wrong foot couple weeks earlier, i suppose. haha I am just joking. I hope it's water under the bridge now.
I feel Davit is a good man. Very straight forward and maybe a bit direct at times? lol But very smart and a good trader. He adds a lot of content in the form of learning materials and I've benefitted from his efforts and sharing.
Ghost Rider - WWTBMD?
Quoting elbert3
{quote} mmmmmmmmmmmmmmmmm
Yeah I know Billy. Not risking much yet and keeping a tight leash on her at this point. Will look to see if it crosses on the 233 and escapes the box on the 15M. Sure looks like it could.
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Ghost Rider - WWTBMD?
Hi all I think carney realise that the data tomorrow on will be negative and as such is back tracking on the mansion house slip up.... Gbpusd is going down tomorrow.....
Peace & Pips
Quoting elbert3
{quote} you wont like this ,, Trade confirmation On 26-Jun-2014 at 10:34:08 (GMT) You bought 5GBPUSD @ 1.70254 for value date 30-Jun-2014 Front office position id: 139480911 Account: tp 36 then short order comes in sl 17
for today shorting is not a good idea. until 1.7020 breaks decisively. kiwi and aussie are making new highs of the day. I am still not convinced why it needs to get higher.
it may go to 7060 or it may come down to 6950 from here. gbp crosses are all coming lower. eventually will pressurise gbp/usd
Quoting albchr
{quote} Yeah I know Billy. Not risking much yet and keeping a tight leash on her at this point. Will look to see if it crosses on the 233 and escapes the box on the 15M. Sure looks like it could. {image} {image}
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this is what poundtrader means little and often,, body builder style
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Sell on 1.7030, we will see, what will happen

EDIT: ended on 1.7022, i dont like it, wait for better situacion
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30 does not feel right but should be ok i want it tighter 37 is my number it will even look right ??
Today's video covers a lot ground (GBPUSD, USDJPY, EURUSD) so suggest watching to the end

Daily Forex Trading Outlook

Inserted Video
Any one looking at the weekly bar that is nearly complete? Even if it closes at last weeks high or higher, it would still look like a topping formation,

don't know the name of this type of bar? This will lead into next month as bearish.....
Quoting slimcat
Any one looking at the weekly bar that is nearly complete? Even if it closes at last weeks high or higher, it would still look like a topping formation, don't know the name of this type of bar? This will lead into next month as bearish.....
yes your probably right i have been watching it and it looks like its going to form doji,, so that means a couple of days ranging if it is ,??/
Quoting slimcat
Any one looking at the weekly bar that is nearly complete? Even if it closes at last weeks high or higher, it would still look like a topping formation, don't know the name of this type of bar? This will lead into next month as bearish.....
Attached Image (click to enlarge)
Click to Enlarge Name: week.png Size: 102 KB
could even be hammer topping out at 60 ??????
Quoting elbert3
{image} 30 does not feel right but should be ok i want it tighter 37 is my number it will even look right ??
Are you saying to go higher then .. i hope u dont mind me saying but ur reputation exceeds ur skills in trading and looking at your charting it seems most likely that you are correct i have a buy from the morning and so keeping this which seems to be in line with your thinking too.
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