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Cable Update (GBPUSD)

  • #337,381
  • Mar 20, 2013 9:42am Mar 20, 2013 9:42am
rejected 1.518 again.....
  • #337,382
  • Mar 20, 2013 9:46am Mar 20, 2013 9:46am
1.513/1.518 range pre-FOMC I reckon ...
  • #337,383
  • Mar 20, 2013 9:50am Mar 20, 2013 9:50am
Quoting chazzle
if those trade parameters were offered to me, I would bet against that scenario. Heavily

Hey, maybe we could do a deal? Will get back to you after the roll ....
You can also check my posts for NZDUSD, USDCHF, USDJPY during last week and this week on sunday
I am telling these just to help traders nothing more and also 3 months for EURUSD more than 2000 Pips Accuracy in another thread
But for the 1.5192- 1.5225 you have to be patient
Don’t follow someone else’s trading advice blindly
  • #337,384
  • Mar 20, 2013 10:08am Mar 20, 2013 10:08am
Quoting kamifx
You can also check my posts for NZDUSD, USDCHF, USDJPY during last week and this week on sunday
I am telling these just to help traders nothing more and also 3 months for EURUSD more than 2000 Pips Accuracy in another thread
But for the 1.5192- 1.5225 you have to be patient
I'm not bringing in to question your FF post accuracy .... I'm just saying that if NY close >15192 I would very happily bet that 15450 will NOT be touched within one day
  • #337,385
  • Mar 20, 2013 11:40am Mar 20, 2013 11:40am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 21 KB

My EW, I think GU still in bearish trend to complete wave 5
  • #337,386
  • Mar 20, 2013 11:45am Mar 20, 2013 11:45am
Quoting pepesan
Attachment
My EW, I think GU still in bearish trend to complete wave 5
where is wave 5.......?
  • #337,387
  • Mar 20, 2013 11:46am Mar 20, 2013 11:46am
Quoting chazzle
I'm not bringing in to question your FF post accuracy .... I'm just saying that if NY close >15192 I would very happily bet that 15450 will NOT be touched within one day

Of course not.

Too many orders at 1.53 (if it ever got there). Any bullish move will have until the end of this week to complete to 1.53 as next week we resume the downtrend.
Money never sleeps...
  • #337,388
  • Mar 20, 2013 11:48am Mar 20, 2013 11:48am
The fact that we bounced back off 5185 is more suggestive that we will begin falling this week and not even see the 1.5225
Money never sleeps...
  • #337,389
  • Mar 20, 2013 11:49am Mar 20, 2013 11:49am
Still the same area holds. Today was budget day and a good opportunity with those fundamentals to break that point the US news later on may trigger a break. If not we will have to see what it does tomorrow and Friday.

Attached Image (click to enlarge)
Click to Enlarge Name: hmm.jpg Size: 83 KB


Attached Image
  • #337,390
  • Mar 20, 2013 11:50am Mar 20, 2013 11:50am
if the fed statement is strong (which is expected) we could still see 1.50 today.
Money never sleeps...
  • #337,391
  • Mar 20, 2013 11:52am Mar 20, 2013 11:52am
Quoting chazzle
I'm not bringing in to question your FF post accuracy .... I'm just saying that if NY close >15192 I would very happily bet that 15450 will NOT be touched within one day
It's true , if you have enough experience you have to know each pair has it's own ADR of course during NFP NEWS we can expect more than that amount but i don't care, you for or against me but just for today more than 250 Pips in up and down i suggested and also as you go through all this thread no one talking about those levels hour sooner ( First swing then in the down 1.5084 and up 1.5185)
Don’t follow someone else’s trading advice blindly
  • #337,392
  • Mar 20, 2013 11:52am Mar 20, 2013 11:52am
Quoting blobsaudio
Still the same area holds. Today was budget day and a good opportunity with those fundamentals to break that point the US news later on may trigger a break. If not we will have to see what it does tomorrow and Friday.

Im actually surprised that today we haven't been able to punch through the area you have marked.

I think you called it correctly and the Fed could push this down today.
Money never sleeps...
  • #337,393
  • Mar 20, 2013 11:53am Mar 20, 2013 11:53am
Bernanke always finds the good in the situation and right now there has been lots of positives in the US for him to be gushing about.
Money never sleeps...
  • #337,394
  • Mar 20, 2013 12:40pm Mar 20, 2013 12:40pm
It seems that we will never see the pair above 1.53..... at least for several months.

Quoting blobsaudio
Still the same area holds. Today was budget day and a good opportunity with those fundamentals to break that point the US news later on may trigger a break. If not we will have to see what it does tomorrow and Friday.

Attachment

Attachment
  • #337,395
  • Mar 20, 2013 2:18pm Mar 20, 2013 2:18pm
Quoting Maso
It seems that we will never see the pair above 1.53..... at least for several months.
Seems not so yet , yes a foul /scammers play today having very abnormal last leg up !!! with free bail out money apparently /no got yet or 2.5B$ Russian give away what they thought , invested a lot to do this & so will try again & again for that line , too fay away though but ok still & last phase if not hold a great crush to assimilate those all bailout money action .
so turmoils still likely .Mine bear only though , one way . watching 5068 & 26 again breaks down to go down near next and to confirm the views , what wrote before today as it up so to down . Not ? then to pour to another huge money for that level next similarly . same, a hard nut to crack even for them , so courageous!! lets see before any jump.
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 33 KB
Click to Enlarge Name: gbpusddaily.png Size: 29 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,396
  • Mar 20, 2013 2:43pm Mar 20, 2013 2:43pm
Just about a head and shoulder pattern on the 15 min time frame.

Attached Image (click to enlarge)
Click to Enlarge Name: hmm.jpg Size: 206 KB
  • #337,397
  • Mar 20, 2013 3:02pm Mar 20, 2013 3:02pm
Quoting blobsaudio
Just about a head and shoulder pattern on the 15 min time frame.

Attachment
True, would have been clearer too without news fluctuations. Lots pointing down right now
Money never sleeps...
  • #337,398
  • Mar 20, 2013 3:14pm Mar 20, 2013 3:14pm
The cable is a very poor pair. The UK budget is pushing the pair toward downtrend. The $ is so strong. The Euro is risky. ....

Then, I just make short positions when I see the cable at a mountain .
  • #337,399
  • Mar 20, 2013 4:15pm Mar 20, 2013 4:15pm
Hi, guys
Just wanna join and learn from master here. What you think about Gbp/usd, it's doji pattern in day timeframe?

Thanks
  • #337,400
  • Mar 20, 2013 6:26pm Mar 20, 2013 6:26pm
Welcome to the jungle
Hope 1.53 this week

Quoting Corral
Hi, guys
Just wanna join and learn from master here. What you think about Gbp/usd, it's doji pattern in day timeframe?

Thanks
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