Cable Update (GBPUSD)

flagging PA

Look my trading systems, by daily time frame I think the cable will go to 1.4070.

Dears

Is this just a retrace,,,will we go up for more?...or what ?

What is your views?

its target now 1.3850

I have a previous support line on 4 H which now is a resistance line,,I think it will touch it around 1.3890 : 1.3905 Area,,,which is also Yesterday High...will we continue down from there...if we break 1.3850 ??

i ve sell order @ 1.3850

If we break 3850, 3970 , 4170 are my targets

Hi Friends
How are you all? If this breach 1.3850 this will shoot to the moon........... if so TP 1.3912 next 1.4110 and the next would be 1.4250 .........
Take care

shorts are not in the cards at these price levels in my view ..........

Mohfaid :

I can not call the excact price. In my view the good level for short is when she touches the yellow line, but wait for maybe still up untill a trigger appear ! No trigger let her moves up as higher as possible !

we are have strong resistance @ 1.3871 if GU passed this level, the next train is 1.3963 if can't passed that level, GU will fall again...

Hi Folks

I would like to suggest all the "Doom and gloom " crowd to listen to this inspirational song...........



maybe GBP will retrace a bit but I will buy more GBP if EU/GBP go south.......and GBP/CHF and GBP/JPY do well

And now we have a fnished 4 Hr Bullish Morning Star, Was anyone listening? Up 100 pips so far. Maybe all the way to 3965

Well, it`s gonna take a deep breath and also take a dip before it flies like a dolphin... and again a deeper dip and so on...

But I see bearish evening star on M30 ! More up rather delay or 1.3837 is the highest level for today perhap ! I do not trade again yet, wait for to see the next H1 and H4 !

Hourly charts show a lower high compared to the peak of the retrace Tues morning. If we can break under 1.3780-70's support then we're headed back down again.

4h channel?

woke up, coffee, shorted E and cable

another day another short

hey people

open long 1.3750 GBP/USD , GBP/JPY 1.3480 , GBP/CHF 1.5930


all longs on GBP till this come out of over sold levels ............hey after all I lock in 10 pips come my way and then trail lol

It's doomed...DOW sliding down faster than m jackson under his pink bed sheets
Cable is as dead as a Bernie Madoff's vacation plans
We are all doomed but don't panic

While watching the boredom....making a few pips up and down, I have had a chance to analyze the long term trends and compare them to the overall cycles.

Without a crystal or magic 8 ball, here's what I see....

Range of play increasing along with volume. We all equate that to volatility and news for the markets not being entirely wrong....With the increase in volume comes more increased play ranges. We have seen a lot of downside to the chart, grand score to the long term shorts, way to go!

But....

Looking at the week to come, I believe that this low and the increased volatility will bring on a massive move to the northside. Watching, once again comparative charts and the overall market along with daytime and daily trends, I believe we will see a 1000 pip range next week for play and I believe the move to be Bullish in nature.

I am not telling everybody to start loading the boat now, it is pure speculation based on historical data.

Pull an elastic band far enough back, when she snaps, watch your fingers. I will be watching the bottom possibilities, taking advantage of what presents on the day ranges, and will be looking forward to seeing if the TARROT cards are right.

Muwahahahahaahahaahaha.....

(Yeah, I know, now put down the glue and step away from the keyboard)....