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Cable Update (GBPUSD)

  • #328,461
  • Oct 26, 2012 10:41am Oct 26, 2012 10:41am
Quoting fxtyrant
Okay so... EURGBP has reached teh EMA55 as i suggested... now if this EMA55 supported by an upwards trendline as see in the picture could cause a reaction... we could see EURGBP moving back up to test EMA200 as it usually does (as EMA55 is below EMA 200),
if this is the case... we may see either EURO tanking but GBP HARDER.... OR... EURO flying and GBP creeping up slower....
My take is EURO UP and GBP Down.... so heres where i say GBPUSD will tank and EURUSD is probably gona sit around here and consolidate....
Like i said, keep an eye out on eurgbp, euro up and gbp down...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,462
  • Oct 26, 2012 10:48am Oct 26, 2012 10:48am
Quoting fxtyrant
Like i said, keep an eye out on eurgbp, euro up and gbp down...
I'm surprised it hasn't hit 1.6080 yet... it will, maybe a spike below it but it should hold until market close.
  • #328,463
  • Oct 26, 2012 11:03am Oct 26, 2012 11:03am
Quoting bbakker
I'm surprised it hasn't hit 1.6080 yet... it will, maybe a spike below it but it should hold until market close.
Nah.... Look at ema55 and ema200 on daily...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,464
  • Oct 26, 2012 11:05am Oct 26, 2012 11:05am
Quoting bbakker
I'm surprised it hasn't hit 1.6080 yet... it will, maybe a spike below it but it should hold until market close.
hi bb

i think one more push above is still probable before heading lower for pound$ above 6150 min, for euro$ i am thinking above 1.30 atm
Learning Requires Failure
  • #328,465
  • Oct 26, 2012 11:12am Oct 26, 2012 11:12am
Quoting bbakker
You mean these two -

http://www.youtube.com/watch?v=Qhi0CdZkEq4
Good find! Ideal Friday diversion..
  • #328,466
  • Oct 26, 2012 11:17am Oct 26, 2012 11:17am
Quoting tirmizi
hi bb

i think one more push above is still probable before heading lower for pound$ above 6150 min, for euro$ i am thinking above 1.30 atm
Not today... maybe next week, but a double top has been made!
  • #328,467
  • Oct 26, 2012 11:21am Oct 26, 2012 11:21am
Quoting bbakker
Not today... maybe next week, but a double top has been made!

yes could be today i am sure



kidding
Learning Requires Failure
  • #328,468
  • Oct 26, 2012 11:23am Oct 26, 2012 11:23am
Quoting fxtyrant
Nah.... Look at ema55 and ema200 on daily...
You think even lower today? Me thinks not simply because of that pocket of demand on m15/m30... 1.6057-1.6075.
  • #328,469
  • Oct 26, 2012 11:25am Oct 26, 2012 11:25am
Quoting bbakker
You think even lower today? Me thinks not simply because of that pocket of demand on m15/m30... 1.6057-1.6075.
No i mean get eurgbp chart on daily and plot ema 55 and ema 200 you'll see we're in range bouncing between 55 and 200, and eurgbp maybe on the move back up after today.... This could bring euro flying amd gbp tanking...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,470
  • Oct 26, 2012 11:29am Oct 26, 2012 11:29am
Break down now looking fairly secure (famous last words!)...

Here's hoping NY do the right thing for the afternoon session.

Have a great weekend all.
Attached Image (click to enlarge)
Click to Enlarge Name: 121026 GU 24 HRS C.jpg Size: 141 KB
  • #328,471
  • Oct 26, 2012 11:29am Oct 26, 2012 11:29am
Quoting Typeface
Good find! Ideal Friday diversion..
Mondays and Fridays are the worst days... Mondays usually being dead slow and boring whereas Fridays can be the complete opposite with big whip-saw moves especially on NFP days that kill many an account.

I am half falling asleep listening to a WebSphere J-Console Monitoring and Control tool that someone is the US is giving via AT&T Connect...

Now that the boss has gone... I will do the offski before I am bored to death.

Here 80 80... she will come!

Have a nice weekend!
  • #328,472
  • Oct 26, 2012 11:31am Oct 26, 2012 11:31am
Quoting mohdfardli
is going up befor down look the line
now u see
trade small no lose
  • #328,473
  • Oct 26, 2012 11:32am Oct 26, 2012 11:32am
Quoting fxtyrant
No i mean get eurgbp chart on daily and plot ema 55 and ema 200 you'll see we're in range bouncing between 55 and 200, and eurgbp maybe on the move back up after today.... This could bring euro flying amd gbp tanking...
I don't do MAs anymore. I will keep the 200 but that's it, so I can't check... lol
  • #328,474
  • Oct 26, 2012 11:36am Oct 26, 2012 11:36am
Come on 6063! LOL
Ghost Rider - WWTBMD?
  • #328,475
  • Oct 26, 2012 11:36am Oct 26, 2012 11:36am
Quoting Nachiket
I want to apologize if I have hurt anyone here. I just lost my control
I love it when you go apeshit at the market action - makes me feel rational, calm and serene.
Best not to go apeshit at the people, though, even if you can't hurt them - you'll just hurt yourself.

Have a good weekend.
  • #328,476
  • Oct 26, 2012 11:38am Oct 26, 2012 11:38am
Quoting albchr
Come on 6063! LOL
Yeah!!
  • #328,477
  • Oct 26, 2012 11:40am Oct 26, 2012 11:40am
Quoting bbakker
Mondays and Fridays are the worst days... Mondays usually being dead slow and boring whereas Fridays can be the complete opposite with big whip-saw moves especially on NFP days that kill many an account.

I am half falling asleep listening to a WebSphere J-Console Monitoring and Control tool that someone is the US is giving via AT&T Connect...

Now that the boss has gone... I will do the offski before I am bored to death.

Here 80 80... she will come!

Have a nice weekend!
I have 1.60801... the bastards! Bouncy, bounce!
  • #328,478
  • Oct 26, 2012 11:40am Oct 26, 2012 11:40am
Quoting mohdfardli
now u see
Good call! I just hope it doesn't happen twice!
  • #328,479
  • Oct 26, 2012 11:44am Oct 26, 2012 11:44am
What a day!

12 hours, 28 trades, 61 pips....I think I know what death feels like now...
Ghost Rider - WWTBMD?
  • #328,480
  • Oct 26, 2012 11:45am Oct 26, 2012 11:45am
Quoting bbakker
Mondays and Fridays are the worst days... Mondays usually being dead slow and boring whereas Fridays can be the complete opposite with big whip-saw moves especially on NFP days that kill many an account.

I am half falling asleep listening to a WebSphere J-Console Monitoring and Control tool that someone is the US is giving via AT&T Connect...

Now that the boss has gone... I will do the offski before I am bored to death.

Here 80 80... she will come!

Have a nice weekend!
Well, it is POET'S day...
Cheers!

P.S. For the benefit of non-English readers, POETS stands for P1ss-Off-Early-Tomorrow's-Saturday, and in the UK, you'll hear it a lot.
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