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GBP/USD outlook

  • #561
  • Sep 26, 2012 3:19pm Sep 26, 2012 3:19pm
Quoting Ill-b-back
I've got this odd feeling 1.6 is going to give way to the 5750 area...
hi ill be back,

im quite inclined to agree,quite a little squeeze going on ,with my monthly,

also coincedently it completed a cycle i follow at the highs.

im watching some old channel lines on 4 hour and hour for some hints

either way good trading

regards
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  • #562
  • Sep 26, 2012 5:28pm Sep 26, 2012 5:28pm
Hi guys, nice to see you in here

We are in a very tricky market, I still think the market is moving away from the USD but this is like turning around an ocean liner, it takes time and focussing on higher TF's for now.

Something I am watching today though...
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  • #563
  • Sep 26, 2012 5:30pm Sep 26, 2012 5:30pm
Quoting diceman555
hi ill be back,

im quite inclined to agree,quite a little squeeze going on ,with my monthly,

also coincedently it completed a cycle i follow at the highs.

im watching some old channel lines on 4 hour and hour for some hints

either way good trading

regards
Nice chart Dice, always a logical view mate, I have a very similar longer term view also as you may have gathered
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  • #564
  • Sep 27, 2012 12:55am Sep 27, 2012 12:55am
Well, it's early days, but looking bullish off weekly support...
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  • #565
  • Sep 27, 2012 1:11am Sep 27, 2012 1:11am
Quoting Ill-b-back
Well, it's early days, but looking bullish off weekly support...
Looking at this 4hr chart, if it is going to fly, it will probably have to do it powerfully, as this is not a very strong bullish pattern
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  • #566
  • Sep 27, 2012 2:46am Sep 27, 2012 2:46am
Quoting Ill-b-back
Looking at this 4hr chart, if it is going to fly, it will probably have to do it powerfully, as this is not a very strong bullish pattern
hello,

i got this new red upper tl that is now acting as support and looking more to break it for lower towards lower aqua tl
this is long term
if this new red tl respects the support we are looking for higher price.
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Wooooohooooo or Boooooohooooo
  • #567
  • Sep 27, 2012 3:49pm Sep 27, 2012 3:49pm
Quoting gnomoneey
hello,

i got this new red upper tl that is now acting as support and looking more to break it for lower towards lower aqua tl
this is long term
if this new red tl respects the support we are looking for higher price.
Hi gnomoneey, welcome to my journal, drop by anytime.

Yes I got that TL, it was a good one wasn't it

I learnt an extremely important lesson today which has eluded me for quite sometime.
"When I get the signal, TAKE the signal, regardless of what myself or others think about future PA"
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  • #568
  • Sep 27, 2012 8:50pm Sep 27, 2012 8:50pm
Quoting Ill-b-back
7 in a row??

C'mon baby, you know you want it
8 weeks, 8 weeks, 8 weeks, 8 weeks....
C'mon Pound, you can do it.

Don't f#*k with da Queens Currency
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  • #569
  • Sep 28, 2012 6:54am Sep 28, 2012 6:54am
No only a girls best friend...
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  • #570
  • Oct 2, 2012 1:18am Oct 2, 2012 1:18am
Currently away on holidays, enjoy the pips everyone
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  • #571
  • Oct 2, 2012 2:04am Oct 2, 2012 2:04am
GBP/USD
The Cable is forming a very interesting figure. The cross broke a trend line dynamic medium term but did not the strength to continue its up trend stopping at the maximum level above 1.63 (point 3)

The Cable now is testing the same dynamic trend line that broke.Council waiting for this sensitive stage and do not operate.

http://smartforex2012.blogspot.it/p/...-singnals.html
http://3.bp.blogspot.com/-gFDyJ-lzCl...600/GBPUSD.JPG
  • #572
  • Oct 3, 2012 1:54am Oct 3, 2012 1:54am
Sell on GBP/USD

http://smartforex2012.blogspot.it
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  • #573
  • Oct 4, 2012 12:39am Oct 4, 2012 12:39am
Quoting Ill-b-back
1.6 looks like an interesting level on both the weekly and monthly...
This sluggish bearish price action has me thinking 1.6 holds some clues to look for buy signals with the confluence on my chart.

Will see how things look when we get home from holidays...
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  • #574
  • Oct 4, 2012 12:47am Oct 4, 2012 12:47am
Quoting Ill-b-back
The daily is still dancing about this monthly TL after the break.

Could be a funny week this week...
Make that a couple of funny weeks, perhaps 3 even, let's see.
Waiting to see what happens if we get to 1.6.
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  • #575
  • Oct 6, 2012 12:12am Oct 6, 2012 12:12am
Quoting Ill-b-back
This sluggish bearish price action has me thinking 1.6 holds some clues to look for buy signals with the confluence on my chart.

Will see how things look when we get home from holidays...
Actually, forget that.

Just got home from holidays and checked my chart.


Big drop, big drop, Biiiiiiig drop
Looks like 2012 yearly candle could be a Doji.

No joke
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  • #576
  • Oct 6, 2012 5:37am Oct 6, 2012 5:37am
In a nutshell, I think this will be Cable

Inserted Video


On her majesty's service, don't f#*k with da Queens currency...
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  • #577
  • Oct 6, 2012 6:15am Oct 6, 2012 6:15am
Quoting Ill-b-back
In a nutshell, I think this will be Cable

http://www.youtube.com/watch?v=F2gdFK-2mY4

On her majesty's service, don't f#*k with da Queens currency...
How low can you go
A 1 pip gain is better than a 1 pip loss.
  • #578
  • Oct 6, 2012 6:20am Oct 6, 2012 6:20am
Quoting Ill-b-back
In a nutshell, I think this will be Cable

http://www.youtube.com/watch?v=F2gdFK-2mY4

On her majesty's service, don't f#*k with da Queens currency...
I agree on cable. On that stunt? It may not be possible but it was one of my all time favorites. First time I saw that my palms were actually sweating..
Ghost Rider - WWTBMD?
  • #579
  • Oct 6, 2012 8:22am Oct 6, 2012 8:22am
Quoting aeternum
How low can you go
Yeah, typical 007.

Cable is south bound from what I can tell until after the election, then when that devil prick gets back in, watch the REAL economic figures, then watch Cable Fly.
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  • #580
  • Oct 6, 2012 8:29am Oct 6, 2012 8:29am
Quoting albchr
I agree on cable. On that stunt? It may not be possible but it was one of my all time favorites. First time I saw that my palms were actually sweating..
Hey albchr,

I remember the first time I saw that stunt, I was laughing my friggin' head off

It was too far fetched even for a 007 movie and I've seen 'em all.
I just thought "shit, they've lost the plot here".

Anyway, we've had some big swings this year and they ain't finished yet. I'm actually eyeing off a double bottom a touch below 53, then look out I think it's off to the moon we go, but will know more if and when we get down there. If the weekly drops convincingly below 5770 or so, it could be on
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