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Cable Update (GBPUSD)

  • #328,021
  • Oct 24, 2012 4:02am Oct 24, 2012 4:02am
I thought this thread was getting too warm and fuzzy

Why doesn't anyone ever pick a fight with me

I'm a massage therapist for goodness sakes, I can't be that intimidating
Come with me if you want to live....
  • #328,022
  • Oct 24, 2012 4:02am Oct 24, 2012 4:02am
the eur is Very bearish sell it against anything ,haha
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,023
  • Oct 24, 2012 4:03am Oct 24, 2012 4:03am
Quoting Bones
would have liked a bit more blue ,but
Looking good for us...
Come with me if you want to live....
  • #328,024
  • Oct 24, 2012 4:06am Oct 24, 2012 4:06am
Quoting Ill-b-back
I thought this thread was getting too warm and fuzzy

Why doesn't anyone ever pick a fight with me

I'm a massage therapist for goodness sakes, I can't be that intimidating
Pick..Pick..Pick...
Ghost Rider - WWTBMD?
  • #328,025
  • Oct 24, 2012 4:08am Oct 24, 2012 4:08am
Quoting Bones
would have liked a bit more blue ,but

this is my take on it..i see dollar bull
problem is gbp lfx is bullish..lol
Attached Image(s) (click to enlarge)
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  • #328,026
  • Oct 24, 2012 4:09am Oct 24, 2012 4:09am
The eur is Dear my Dear


Quoting ndsouz
This is only trading no?
Buy cheap euros and pounds then sell them at expensive rate.
Buy cheap dollars and sell them for expensive rate.

Now euro is feeling cheap for me.. I buy euros

dollar index chart again.
Attachment
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,027
  • Oct 24, 2012 4:42am Oct 24, 2012 4:42am
Whilst Mthly and Wkly remain classically ranging, Daily it could be argued, like the 4hr below is in a general opa downtrend. 1hr however is showiung some signs of strength but it may just be a pullback in the 4hr general opa downtrend ? Yesterday's low shown as a LL is not a fractal swing yet on this daily t/f hence the ascenmding t/line joining it is premature as the actual fractal LL may come further down depending on PA.

G/L
Attached Image (click to enlarge)
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ex member
  • #328,028
  • Oct 24, 2012 5:11am Oct 24, 2012 5:11am
I may hold my gbpusd to 1.6050 long. I can see a pullback on the 4 hour till there abouts!! HOPEFULLY!
Trading comes quickly, patience and discipline does not!
  • #328,029
  • Oct 24, 2012 5:15am Oct 24, 2012 5:15am
Quoting albchr
Yep, we have a bit more upside me thinks sir. IF it can through 5988. Should be a bit of R now.

I'll be looking around 6060/80ish for shorts but a lot of noise today. Might be a good scalping day all in all.
Ghost Rider - WWTBMD?
  • #328,030
  • Oct 24, 2012 5:51am Oct 24, 2012 5:51am
Certain bank buying lots... rumoured to be relating to the stansted airport purchase... which is £5bio I think

Looks like cable could have a very bullish day
  • #328,031
  • Oct 24, 2012 6:09am Oct 24, 2012 6:09am
Quoting elizo
Certain bank buying lots... rumoured to be relating to the stansted airport purchase... which is £5bio I think

Looks like cable could have a very bullish day
Nowhere near it!

http://menmedia.co.uk/manchestereven...ed-airport-bid
  • #328,032
  • Oct 24, 2012 6:14am Oct 24, 2012 6:14am
lol well you gotta love a rumer ,bb please dont spoil it !!


Quoting bbakker
Nowhere near it!

http://menmedia.co.uk/manchestereven...ed-airport-bid
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,033
  • Oct 24, 2012 6:16am Oct 24, 2012 6:16am
Quoting bbakker
Nowhere near it!

http://menmedia.co.uk/manchestereven...ed-airport-bid
Thanks for the info. Just passed it without double checking as it came to me. Clearly, a big difference between 5 bio and 1 bio, notwithstanding the fact that the buyer could be British.

Apologies for the lack of accuracy.
  • #328,034
  • Oct 24, 2012 6:16am Oct 24, 2012 6:16am
BEWARE: GBPUSD has ( or is ) posting bearish divergence!
Trading comes quickly, patience and discipline does not!
  • #328,035
  • Oct 24, 2012 6:17am Oct 24, 2012 6:17am
me toooo
Quoting Daddypips
I may hold my gbpusd to 1.6050 long. I can see a pullback on the 4 hour till there abouts!! HOPEFULLY!
  • #328,036
  • Oct 24, 2012 6:20am Oct 24, 2012 6:20am
gbp lfx ,I dont think GBP is bullish ,but has respected potential falling channel lower tl (cable)
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,037
  • Oct 24, 2012 6:29am Oct 24, 2012 6:29am
cable h4
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,038
  • Oct 24, 2012 6:30am Oct 24, 2012 6:30am
let see if the 15m bearish divergence pattern can bring gu back down .....
  • #328,039
  • Oct 24, 2012 6:32am Oct 24, 2012 6:32am
it seems to go till 1.6030 which is the 61.8 fib level if it breaks this its next target will 1.6068. IMHO
  • #328,040
  • Oct 24, 2012 6:54am Oct 24, 2012 6:54am
1.6020 the level to watch closely everything will move around this number:-)

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