Cable Update (GBPUSD)

cable at 1.9752 now ... I wonder how high will it climb?

ok, lets see what happens at 75-80 area. i have minor support @ 25.

-These are some of the wise words posted in here !

Ain't that the truth ?

GBP/JPY has broke though 240 barrier, may be bullish for cable

If GBP/JPY does not sustain the break then will be bearish for cable IMO

67 pips daily range for cable

How much worse can it get?????????

For the fundi community:

The spread between the US Ten year note and 10 year German Bund has narrowed to -45 bps, 4 bps tighter than just 24 hours ago, on the back of higher German yields after better than expected ZEW confidence readings. The narrowing in the spread is supportive for our view of the dollar giving back its gains vs. European currencies.

A favoured scenario. Not a "it will" scenario

I'm new

So if one were to speculate a higher rates in the US..where would the trade be?

Anyone have confidence that GBPUSD will reach high at 1.9800?

Took long at 1.9710

Usd/Chf

-Time to Bring Sexy Back ?


Where did sexy go by the way ?..............Does anyone know ?

Running into a lot of resistance here, weekly pivot 772, yesterdays R1 882 with a lot of price support which is near the day before R1 779 and todays R2 885. Which is also near friday's high 777 and thursday's high 790.

Get out now. The sky is falling (and cable too) .

Feel better having someone else's anonymous opinion?

Last week the Us Dollar was very , Very Sexy ..................

Here's how money was made last week with Elliott Waves Formations !

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No News! -No Oscillators! -No Funny-mentls ! and No Meetings !
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- Pure Price Action !
( Price action the true reflection of what's really going on in the markets )

The Foundation is always in the Charts !

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Funny- mentals are always Cooking the Books!...... shhh...!
and there is to much Pollution in the News !

- That's Right !.... NEWS POLLUTION !
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( See chart below )
BEFORE

Pg2/.........................
AFTER
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Here is the EURO from yesterday Monday............

The Euro ran out if steam on late Friday
-It was over bought ......///////
-It was exausted...//////////

Just look at this thing .....
Price is standing straight up at attention !
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Again , I say go out and read all about Elliott Waves -and Turn off the News !
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Learning Elliott Waves will point all this out to you !

What is your 2nd/3rd targets for USD/CHF Marketwavez as we have reached 1.2330.

pg2........//////
Here' s how it turned out !

I already posted the U.S. Dollar "aka" Usd/Chf charts

- They caused quite a stir in here yesterday ///////////

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Here it is again ,
This is the most valuable chart in my stable these days !

Price will wiggle up and down along the way...
but That's what price does ..........
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There is no room for emotion when trading .....
and the one thing I know is that listening to the News
will cause you Emotion and have you second guessing yourself

Who needs that Crap !

Simply turn off the News ...
( and throw the Funny-Mentals out while your at it ! )

Learn to Observe and Watch the Price action !
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Doing this will increase your survival skills when trading ! ....

( Here is that chart again - )
Any other questions about using Elliott Waves you can always send me private message ....

STOP POSTING NON CABLE CHARTS PLEASE!

Later Today around 4:00 pm
I am going to re-do and update the Gbp/Usd charts ....

Stay tuned ...........
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Out of interest marketwavez how do you determine the end of wave 5 in your elliot waves?