We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
Cable Update (GBPUSD)
- #306,002
- Apr 3, 2012 12:05pm Apr 3, 2012 12:05pm
- Joined May 2009 | Status: Trader | 4,895 Posts
well im betting a retracement first as i said...
reversal will have to break the Upper trendline the one from the High at 1.38xx downwards, then if it breaks the bullish gartley pattern will complete....
but as i said waiting for retracement first...
i think that's that mate, leave it as such as i'm afraid that it is not directly/indirectly relevant to this thread, hope you can understand..
- #306,004
- Apr 3, 2012 12:20pm Apr 3, 2012 12:20pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
i don't know mate.. if you see fibo retracement from 3350-2300, we already passed 61% mate.. i think it will get to 2300 first..
i think that's that mate, leave it as such as i'm afraid that it is not directly/indirectly relevant to this thread, hope you can understand..
but im betting no further than 2300 if below 2300, all hell breaks loose...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,005
- Apr 3, 2012 12:46pm Apr 3, 2012 12:46pm
- Joined May 2009 | Status: Trader | 4,895 Posts
i mainly use this pair to gauge the momentum on cable along with other pairs.. anyway it's a boring pair like just watching paint dry.. lol.
it's late here, see u all later..
green pips to all.. adiozzz..
- #306,007
- Apr 3, 2012 1:08pm Apr 3, 2012 1:08pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
As much as i dont care bout FOMC... im so glad Fed Chairman Ben Bernanke's statement was really Hawkish today... His statement suggested that the US economy was not as bad and that QE3 is not needed unless a negative turnaround happens... (told you last week was a lie)
hes finally admitted that the stuff hes been saying for the past 2 week or so that the US economy is "Fragile but sustainable" was totally bullshit...
Finally things are looking normal now... only reason for him to talk shit about the US economy being terrible last week was to make sure US treasury Yields didnt fly up too high...
hopefully NFP will make it official that US economy is strengthening...
Expecting Dollar being bough across the board till NFP
Heres a chart to show you where GBPUSD is immediately headed
GBPUSD is headed to the immediate support fib 23.6% and the 2nd upward trendline
located around 1.5900-5905 area
hes finally admitted that the stuff hes been saying for the past 2 week or so that the US economy is "Fragile but sustainable" was totally bullshit...
Finally things are looking normal now... only reason for him to talk shit about the US economy being terrible last week was to make sure US treasury Yields didnt fly up too high...
hopefully NFP will make it official that US economy is strengthening...
Expecting Dollar being bough across the board till NFP
Heres a chart to show you where GBPUSD is immediately headed
GBPUSD is headed to the immediate support fib 23.6% and the 2nd upward trendline
located around 1.5900-5905 area
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,008
- Apr 3, 2012 1:15pm Apr 3, 2012 1:15pm
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #306,009
- Apr 3, 2012 1:16pm Apr 3, 2012 1:16pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
Guess we waited long enough for the Fed to finally spill the truth out today huh....LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,010
- Apr 3, 2012 1:17pm Apr 3, 2012 1:17pm
- Joined Aug 2010 | Status: Trader | 3,185 Posts
I don't trust any move - when you have profit...take it.
- #306,011
- Apr 3, 2012 1:21pm Apr 3, 2012 1:21pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,013
- Apr 3, 2012 1:23pm Apr 3, 2012 1:23pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
whats the sum bitch say to make it fall
- #306,015
- Apr 3, 2012 1:25pm Apr 3, 2012 1:25pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
whats the sum bitch say to make it fall
http://www.forexfactory.com/showthre...32#post5538732
http://www.forexfactory.com/showthre...54#post5538854
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,016
- Apr 3, 2012 1:26pm Apr 3, 2012 1:26pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Read some of my posts dude...
http://www.forexfactory.com/showthre...32#post5538732
http://www.forexfactory.com/showthre...54#post5538854
usd will tank mark meh words
- #306,018
- Apr 3, 2012 1:30pm Apr 3, 2012 1:30pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #306,019
- Apr 3, 2012 1:30pm Apr 3, 2012 1:30pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
usd will tank mark meh words
As long as Ben Bernanke stays Hawkish like this USD will rise...
Last week when Ben said US economy "Fragile but Sustainable" he was lying... as seen today...
and i explained why he lied simply because he had to keep US treasury yield low...
Just my "Not so worthy" 2 cents here...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%
- #306,020
- Apr 3, 2012 1:33pm Apr 3, 2012 1:33pm
- Joined Jan 2010 | Status: Trader | 10,268 Posts
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return:
0.7%