Cable Update (GBPUSD)

gosh thinkin now on 1.57?
i look on daily n weekly.
i see need lot of time 1st, and lot of reasons 2nd. why you think is possible?

anyway on weekly the 60-61 area still near also possible a "sit down" on main weekly trendline, but for now i agree @redbeben (and others) sayin before that we shall see first the 67 (or more) area

refreshed the weekly chart.
i notice a bit of confluence there.

The banks won't enter position today, so we'll only see movements from sharks then?

they need money to bribe the easter bunny to give them more eggs

anybody caught the down move from 1.6565 ?

I'm on sell since that to 1.648-9 area
if we brake this one we go to 1.645 area

There was huge volume in first 5 minutes in Asian open, I saw that action, but could not see, if it was buying or selling, now it looks like it was buying.

morning,
i think you mean "london"

No, Asian open.
Real market manipulation.

ah ok! sorry i thought you were talklin of the spike to 6560 few minutes ago.
i never use volumes, why so peak in volumes an so few moves?

We are swimming in shark invested pool, better be careful not to lose one or two fingers

only a fool newbie would be trading today, good luck

got + 20 on spike up.....
now i sit a bit to refresh charts and study something......

I got 40 pips on the spike

guys I have to stress about it

GU will hit 1.67 and then down

GJ is already preparing a huuuuge down move 12 days from now on

we'll see at least 1200 pips down on GJ


I need more economic information here so please help me in my thoughts.if on the 5th of may we have the hike rate why would this blow off the UK economy ?

or will both GU and GJ drop due to the massive expenses on with the royal wedding and queen's party

I mean technically I see those moves .in economic terms what would it lead it ?

LOL, I also do hit and run +17. Now I'll just sit and watch sharks eating newbies

Don't need luck.
Just price alerts.

Thanks for the noobie freebie

Enjoy the holiday everyone. Ta!

[quote=redbeben;4565021]I got 40 pips on the spike

guys I have to stress about it

GU will hit 1.67 and then down

GJ is already preparing a huuuuge down move 12 days from now on

we'll see at least 1200 pips down on GJ
................ [quote]

why increase rates if meeting was3-0-6?
why you think GJ down so much?

6516-6532

out +16

Lol, so everyone on FF today must be a "fool newbie"?

hehehe!

[quote=_BBKing_;4565112][quote=redbeben;4565021]I got 40 pips on the spike

guys I have to stress about it

GU will hit 1.67 and then down

GJ is already preparing a huuuuge down move 12 days from now on

we'll see at least 1200 pips down on GJ
................
for now I invalidate the upmove of GJ
yesterday I said that if we brake the 136.48 level in hte next 28 hours we will go to 1.4010.

now I invalidate it as I can see this brake will not happen.we would need a violent move upwards in the next 4 hours and we would need at least 100 pips....bank holidays and I don't think it is possible.sharks won't keep positions for that long.sharks bite up and release

last meeting was 306 but why couldn't next one be 504 ?

according to my techs the 1.67 has to be touched.I said it at the beginning of the uptrend and I gave a time span in weeks and up to date it was accurate.

again the techs tell me there is supposed to be a larger pull back to 1.63 level.
this can happen next week as we have many news but the news only give us spikes.the general trend is made already.

from that 1.63 level we need 400 pips up in one week if we consider the next one as a bear,the last week from my time span should be a 400 pips up bull in order to hit 1.67.

those 400 pips could be reached with or without the BOE meeting but it all depends on the PA as if we move in a 50 pips range we will need a rate hike to achieve 1.67

more and more I think that we are just puppets for the banks and sharks.
I even feel they have a software that sees all our accounts and our open trades and filter for the ones on minus and move the price in that direction.

and lately some important news were released in the same time when some techs were pointing towards .....the same direction

anway I consider fundies to be bull****t and that's why I never trusted them much.I know pretty well my government to know that all the numbers are fake,all the studies are fake and all the money is fake.


going back to GJ now

I was waiting for a sign of breaking the 1.6.48 level.I don't have that sign.even with it in the next 12 hours I still would not buy this pair....it's to weird.

but what I can clearly see is the brake of 131.3 level in those 12 trading days and if we brake that level then 126 is next level to stop but it will just pass through it as a knife through butter and go to 122 level.

then up again for the next years.

a drop like this on GJ either means Japan will grow that fast or reinvent the electricity and will have a major impact on the whole world and bring economic recovery or....GBP would suffer such a loss that would destroy the Uk economy...

what could hit the GBP that hard? only the hike rate (at least this is what I heard) as it would come to soon on a poor economy...and ruin the whole aftercrisis growth

and again fundies here and I need somebody good at it to make me understand.

I'm lost here