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GBP/USD outlook

  • #581
  • Oct 6, 2012 8:39am Oct 6, 2012 8:39am
Off to bed, nighty night
Come with me if you want to live....
  • #582
  • Oct 6, 2012 9:12am Oct 6, 2012 9:12am
Quoting Ill-b-back
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.
Awesome, let's see if you're right I see GBP going down too, but I'm not too sure how low it will go. I'm pretty sure 1.64 is coming though. 1.64 - 1.65.
A 1 pip gain is better than a 1 pip loss.
  • #583
  • Oct 6, 2012 1:49pm Oct 6, 2012 1:49pm
Quoting aeternum
Awesome, let's see if you're right I see GBP going down too, but I'm not too sure how low it will go. I'm pretty sure 1.64 is coming though. 1.64 - 1.65.


And the rest
Come with me if you want to live....
  • #584
  • Oct 6, 2012 3:00pm Oct 6, 2012 3:00pm
Quoting Ill-b-back


And the rest
I drew a fibonacci retracement from the lows down at 1.54888 up to 1.63085.

We are currently sitting around 23.6 retracement. Perhaps we would see 38.2 or 50 before heading back up?
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A 1 pip gain is better than a 1 pip loss.
  • #585
  • Oct 6, 2012 3:44pm Oct 6, 2012 3:44pm
Quoting aeternum
I drew a fibonacci retracement from the lows down at 1.54888 up to 1.63085.

We are currently sitting around 23.6 retracement. Perhaps we would see 38.2 or 50 before heading back up?
If I am interpreting my chart correctly, I see sub 1.53.
If I am not, then you maybe correct. Need to see a weekly close below 1.5770 area to be more confident in my assessment though
Come with me if you want to live....
  • #586
  • Oct 6, 2012 4:28pm Oct 6, 2012 4:28pm
price will soon smack that 200ema/channel confluence point on the head, then when/if it breaks, look out below
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Come with me if you want to live....
  • #587
  • Oct 7, 2012 1:02am Oct 7, 2012 1:02am
Quoting Ill-b-back
If I am interpreting my chart correctly, I see sub 1.53.
If I am not, then you maybe correct. Need to see a weekly close below 1.5770 area to be more confident in my assessment though
That low? You're tempting me to short this instead of EURUSD.

Edit: I just spotted a bearish divergence
A 1 pip gain is better than a 1 pip loss.
  • #588
  • Oct 7, 2012 5:31am Oct 7, 2012 5:31am
Quoting aeternum
That low? You're tempting me to short this instead of EURUSD.

Edit: I just spotted a bearish divergence
Hell yeah, let's short this thing 'till Christmas, then let her fly...

Attached Image (click to enlarge)
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Come with me if you want to live....
  • #589
  • Oct 7, 2012 6:12am Oct 7, 2012 6:12am
Quoting Ill-b-back
Hell yeah, let's short this thing 'till Christmas, then let her fly...

Will be with you on this

Just not sure if we will see 1.52. But if BOE decides to add more stimulus, then off we go!
A 1 pip gain is better than a 1 pip loss.
  • #590
  • Edited 6:03am Oct 8, 2012 5:34am | Edited 6:03am
We had 7 bullish weeks in a row, let's see if we can can get 7 bearish weeks in a row leading to the election date on November 6.
"Mysteriously" the British number are starting to look shit again after so much promise and the US numbers are starting to good after so much crap.

But stuff it, as long as we get back down to 1.52xx/53xx area again (I think 1.52xx area), I don't really care.

Let the good times roll...
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Come with me if you want to live....
  • #591
  • Oct 8, 2012 6:24am Oct 8, 2012 6:24am
So mad. I missed the trade and it fell 100 pips already. Same with EURUSD. Could have done 20-25% of my account today Shouldn't have bet on a gap up to activate my orders.
A 1 pip gain is better than a 1 pip loss.
  • #592
  • Oct 8, 2012 7:06am Oct 8, 2012 7:06am
Quoting aeternum
So mad. I missed the trade and it fell 100 pips already. Same with EURUSD. Could have done 20-25% of my account today Shouldn't have bet on a gap up to activate my orders.
Funny you should say those figures, I'm up 20 percent today
Off to bed, nighty night
Come with me if you want to live....
  • #593
  • Oct 8, 2012 8:00am Oct 8, 2012 8:00am
Quoting Ill-b-back
Funny you should say those figures, I'm up 20 percent today
Off to bed, nighty night
I'm only up about 12%. GBPUSD continued dropping from 1.604. Cheers, have a nice rest.
A 1 pip gain is better than a 1 pip loss.
  • #594
  • Oct 8, 2012 4:22pm Oct 8, 2012 4:22pm
Quoting aeternum
I'm only up about 12%. GBPUSD continued dropping from 1.604. Cheers, have a nice rest.
Well done

1 down, 2 to go....?
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Come with me if you want to live....
  • #595
  • Edited 3:42pm Oct 10, 2012 3:25pm | Edited 3:42pm
Quoting Ill-b-back
Well done

1 down, 2 to go....?
Crikey, we are still dancing around this broken Channel
I thought we retested it yesterday
Oh well...

No big news so a quiet session I guess.

Let's see if US numbers tomorrow can move this lazy pair
Come with me if you want to live....
  • #596
  • Oct 10, 2012 3:26pm Oct 10, 2012 3:26pm
There is 2 of me here LOL

Hi ill be back
Come with me if you want to live....
  • #597
  • Oct 10, 2012 3:31pm Oct 10, 2012 3:31pm
Quoting Ill-b-back
There is 2 of me here LOL

Hi ill be back
Not anymore
Come with me if you want to live....
  • #598
  • Oct 10, 2012 3:35pm Oct 10, 2012 3:35pm
Come on Obama, don't stop fudging the numbers now, take me to 1.52xx
Come with me if you want to live....
  • #599
  • Oct 10, 2012 4:25pm Oct 10, 2012 4:25pm
Quoting Ill-b-back
Come on Obama, don't stop fudging the numbers now, take me to 1.52xx
Hey watch it now. It's your trade but it's our country.

Let em put the REAL numbers out and you can go long and we may have a future...
Ghost Rider - WWTBMD?
  • #600
  • Oct 10, 2012 4:38pm Oct 10, 2012 4:38pm
Quoting albchr
Hey watch it now. It's your trade but it's our country.

Let em put the REAL numbers out and you can go long and we may have a future...
Hi albchr

Sorry mate, don't worry I'm not meaning to single him out, I don't trust any politicians, why the hell would I. Or maybe just 1. Ron Paul seems to be the only honest one in the whole world if you ask me. Shame he's older.

Tell me something though, why do only the good guys get shot??

I wouldn't mind a benevolent Dictator, only problem is, they don't stay benevolent for very long LOL.
Come with me if you want to live....
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