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Cable Update (GBPUSD)

  • #342,661
  • Jun 14, 2013 2:50am Jun 14, 2013 2:50am
Quoting Ill-b-back
{quote} Good morning nAVinator. 5540-50 area looks good. I'm not shorting against this immediate trend but will look for a signal to buy

morning buddy ..yes 1.56 looks like it gonna be tough spot to crack..but the thing is if usd gain nothing can stop it..right now i just hope 1.54 can happen that will be 50% retrace of the daily swing..there i may drop the short and continue uptrend but it all depends on what we see

or we play the diamond on weekly..leading to 1.60 longer term?? ..this all depends
need big drop to 1.51 for this to consider..

however my friend this mofo appears to have confluence at 61.8 with 1.57..could provide a drop below 1.5 to give bones (tony) targets (1.47 area)

so its in limbo kinda..this is not easy to read at all

im in favour with tony projection thou..considering all
  • #342,662
  • Jun 14, 2013 2:50am Jun 14, 2013 2:50am
Quoting Trader88q
I am longing 5670 TP 6800 SL 4600 LONG LONG LONG Guys from GP morgan,morgan stanley if u read this message i recomend u to long GBP or i will put 10 trillions and destroy all your accounts hahahahah Bernanke will not help u

there is no news for gbp today and yesterday we hit 1.57 (good resistance) amigo
  • #342,663
  • Jun 14, 2013 3:10am Jun 14, 2013 3:10am
Quoting nAVIN2007
{quote} morning buddy ..yes 1.56 looks like it gonna be tough spot to crack..but the thing is if usd gain nothing can stop it..right now i just hope 1.54 can happen that will be 50% retrace of the daily swing..there i may drop the short and continue uptrend but it all depends on what we see or we play the diamond on weekly..leading to 1.60 longer term?? ..this all depends need big drop to 1.51 for this to consider.. however my friend this mofo appears to have confluence at 61.8 with 1.57..could provide a drop below 1.5 to give bones (tony)...
my 61.8 fib is at 5785 not 1.57
Come with me if you want to live....
  • #342,664
  • Jun 14, 2013 3:14am Jun 14, 2013 3:14am
Quoting Ill-b-back
{quote} my 61.8 fib is at 5785 not 1.57

yes yur right not this is not an exact science

it has to make technical sense 1.57 is a round number, it make sense for order flow to arrive around this point, if it went to 1.5770 area there every chance 1.57 can hold and prevent big movement, it all depends on where price needs to be

and believe me..its all planned..nothing is by mistake..

watch fx tyrrant show up now
  • #342,665
  • Jun 14, 2013 3:16am Jun 14, 2013 3:16am
Quoting nAVIN2007
{quote} morning buddy ..yes 1.56 looks like it gonna be tough spot to crack..but the thing is if usd gain nothing can stop it..right now i just hope 1.54 can happen that will be 50% retrace of the daily swing..there i may drop the short and continue uptrend but it all depends on what we see or we play the diamond on weekly..leading to 1.60 longer term?? ..this all depends need big drop to 1.51 for this to consider.. however my friend this mofo appears to have confluence at 61.8 with 1.57..could provide a drop below 1.5 to give bones (tony)...
This is my read at the moment
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 32 KB
Click to Enlarge Name: gbpusdh4.png Size: 30 KB
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  • #342,666
  • Jun 14, 2013 3:18am Jun 14, 2013 3:18am
Quoting nAVIN2007
{quote} yes yur right not this is not an exact science

lol....

You're not a carpenter bro.
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  • #342,667
  • Jun 14, 2013 3:20am Jun 14, 2013 3:20am
Quoting Ill-b-back
{quote} This is my read at the moment {image} {image}

that can work
today im looking for pullback below 1.56 barely close..needs to be below then i will feel happy with the short ..otherwise im still with original view
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 91 KB
  • #342,668
  • Jun 14, 2013 3:23am Jun 14, 2013 3:23am
Quoting nAVIN2007
{quote} yes yur right not this is not an exact science it has to make technical sense 1.57 is a round number, it make sense for order flow to arrive around this point, if it went to 1.5770 area there every chance 1.57 can hold and prevent big movement, it all depends on where price needs to be and believe me..its all planned..nothing is by mistake.. watch fx tyrrant show up now
Yes, planned indeed, don't need to convince me of that I assure you.

Personally, If and when we get to 58 area and that mofo of a TL retest, I'm not at all convince that will be end of story for the bulls.

I will be interested in the length of those daily candles when she drops.
Come with me if you want to live....
  • #342,669
  • Jun 14, 2013 3:38am Jun 14, 2013 3:38am
Quoting nAVIN2007
{quote} that can work today im looking for pullback below 1.56 barely close..needs to be below then i will feel happy with the short ..otherwise im still with original view {image}
I'm similar, but I see the blue TL and 38.2 fib around 5420 could provide good support if we reach 1.58 and come back down.

This momentum is just awesome.

But we'll see how she plays out.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 46 KB
Click to Enlarge Name: gbpusddaily.png Size: 39 KB
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  • #342,670
  • Jun 14, 2013 3:45am Jun 14, 2013 3:45am
Quoting Ill-b-back
{quote} I'm similar, but I see the blue TL and 38.2 fib around 5420 could provide good support if we reach 1.58 and come back down. This momentum is just awesome. But we'll see how she plays out. {image} {image}

needs to break 1.56...
  • #342,671
  • Jun 14, 2013 3:47am Jun 14, 2013 3:47am
morning girls
this is how I see $
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxdaily 14-06-13.png Size: 30 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,672
  • Jun 14, 2013 3:50am Jun 14, 2013 3:50am
could be no off top ,under major pivot
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfxweekly 14-6-13.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,673
  • Jun 14, 2013 3:53am Jun 14, 2013 3:53am
Good m/a/n folks
Ghost Rider - WWTBMD?
  • #342,674
  • Jun 14, 2013 3:55am Jun 14, 2013 3:55am
Quoting nAVIN2007
{quote} needs to break 1.56...
Yep, but a nice range in play

I'd better go, don't want to cut albchrs' grass



lol....
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 46 KB
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  • #342,675
  • Jun 14, 2013 4:01am Jun 14, 2013 4:01am
morning chris I think aud is bullish
if daily hang man confirmation breaks ..we could see tl soon GA

Quoting albchr
Good m/a/n folks
Attached Image (click to enlarge)
Click to Enlarge Name: audlfxweekly 14-6-13.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,676
  • Jun 14, 2013 4:15am Jun 14, 2013 4:15am
Quoting Ill-b-back
{quote} Yep, but a nice range in play I'd better go, don't want to cut albchrs' grass lol.... {image}
Oh please feel free buddy. I have 3 acre's of it!
Ghost Rider - WWTBMD?
  • #342,677
  • Jun 14, 2013 4:18am Jun 14, 2013 4:18am
Quoting Bones
morning chris I think aud is bullish if daily hang man confirmation breaks ..we could see tl soon GA {quote} {image}
i think cable will break this area aye tone?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 59 KB
  • #342,678
  • Jun 14, 2013 4:19am Jun 14, 2013 4:19am
Quoting Bones
morning chris I think aud is bullish if daily hang man confirmation breaks ..we could see tl soon GA {quote} {image}
I agree Tony. Took an AU long off the top of that hammer yesterday on my demo. Closed it for a few and will wait for confirm.

But with a "hopeful" dollar rise, AU is likely to range a bit so I'm keeping an eye on AJ as I think a YEN sell off is coming.
Ghost Rider - WWTBMD?
  • #342,679
  • Jun 14, 2013 4:19am Jun 14, 2013 4:19am
Quoting nAVIN2007
{quote} i think cable will break this area aye tone? {image}
Ghost Rider - WWTBMD?
  • #342,680
  • Jun 14, 2013 4:25am Jun 14, 2013 4:25am
Quoting albchr
{quote} Oh please feel free buddy. I have 3 acre's of it!
lol.....

So glad you're not the jealous type
Come with me if you want to live....
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