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GBP/USD outlook

  • #941
  • Jun 4, 2013 3:39am Jun 4, 2013 3:39am
Quoting MultiLion
{quote} It is still GBP/USD outlook thread or ? ...
It's my journal
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  • #942
  • Jun 4, 2013 4:11am Jun 4, 2013 4:11am
Quoting Ill-b-back
{quote} It's my journal

AND its still good to know what the USD is doing to other currencies too.. It makes you become aware of the USD strength and work out the correlations and so on.

Still following you bro

Cheers
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #943
  • Jun 4, 2013 6:42am Jun 4, 2013 6:42am
Quoting baherhosni
{quote} AND its still good to know what the USD is doing to other currencies too.. It makes you become aware of the USD strength and work out the correlations and so on. Still following you bro Cheers
Its all very true! I just look for GU outlook ... I myself watch EU continuously.
All good to all and many pips.

My analysis for GU ... but maybe yes, maybe no ...
Attached Image (click to enlarge)
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  • #944
  • Jun 4, 2013 4:25pm Jun 4, 2013 4:25pm
Quoting baherhosni
{quote} AND its still good to know what the USD is doing to other currencies too.. It makes you become aware of the USD strength and work out the correlations and so on. Still following you bro Cheers
That's a big 10/4 Rubber Ducky.
We get a 1 hr close below this rising TL and I think we goin' downtown to meet up with some old friends
Attached Image(s) (click to enlarge)
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  • #945
  • Jun 4, 2013 4:41pm Jun 4, 2013 4:41pm
Actually, I'm thinking down here maybe better.

What do you think?...
Attached Image(s) (click to enlarge)
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  • #946
  • Jun 4, 2013 10:23pm Jun 4, 2013 10:23pm
Hold onto your hats folks.

I'm thinking there are going to be some very nice and profitable swings (next week)

Make sure you are on the correct side of them

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  • #947
  • Jun 4, 2013 10:48pm Jun 4, 2013 10:48pm
Quoting Ill-b-back
Hold onto your hats folks. I'm thinking there are going to be some very nice and profitable swings (next week) Make sure you are on the correct side of them
i am short on the GU to be honest.. but the damn USD index is running in to wall on monthly and is stalling at the moment.. not sure if it will push through to the north..
some on other threads think its a no brainer that the USD will run higher and push everything down but my "shoes" are telling me to keep watching the PA to bail out if things go very badly with the USD and it does not break north.

cheers and good luck
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #948
  • Jun 6, 2013 1:57pm Jun 6, 2013 1:57pm
Euro.
Still work to be done to keep climbing, but would not surprise me.
Attached Image(s) (click to enlarge)
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  • #949
  • Jun 6, 2013 5:20pm Jun 6, 2013 5:20pm
Quoting Ill-b-back
Hold onto your hats folks. I'm thinking there are going to be some very nice and profitable swings (next week) Make sure you are on the correct side of them
Or maybe (this week)

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  • #950
  • Jun 6, 2013 5:34pm Jun 6, 2013 5:34pm
Quoting Ill-b-back
Euro. Still work to be done to keep climbing, but would not surprise me. {image} {image}
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  • #951
  • Jun 8, 2013 6:20pm Jun 8, 2013 6:20pm
Quoting nAVIN2007
{quote} {image}
Yep looks 50/50.
The daily is a strong bull so I'll be interested if we get a pullback to local support before climbing to 1.37++
Similar on Cable.
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  • #952
  • Jun 9, 2013 3:33pm Jun 9, 2013 3:33pm
Quoting Ill-b-back
{quote} Or maybe (this week)
And (this week)

again

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  • #953
  • Jun 11, 2013 4:57pm Jun 11, 2013 4:57pm
Euro update.
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  • #954
  • Jun 15, 2013 12:54am Jun 15, 2013 12:54am
Not much has changed on the Euro update
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  • #955
  • Jun 15, 2013 4:40pm Jun 15, 2013 4:40pm
PA and possibilities.

Looking at overall PA on daily and weekly, a significant retrace from this point seems unlikely
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Click to Enlarge Name: eurusdweekly.png Size: 39 KB
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  • #956
  • Jun 21, 2013 8:38pm Jun 21, 2013 8:38pm
Euro update.
I don't trade the Euro but never the less, now that we have retraced to the 50fib and obvious support, looks to me like another 600 pip rally for a nice AB=CD pattern retest of weekly TL and double top at 1.37.

Have a great weekend folks.

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusdweekly.png Size: 39 KB
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  • #957
  • Jun 26, 2013 8:57pm Jun 26, 2013 8:57pm
Gold update
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  • #958
  • Jun 26, 2013 11:07pm Jun 26, 2013 11:07pm
And da Euro
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  • #959
  • Jun 30, 2013 4:57pm Jun 30, 2013 4:57pm
Not a strong bullish action on Friday for cable of 5185.
Weekly still bearish, thinking 1.5050 area next.
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  • #960
  • Jul 2, 2013 2:19am Jul 2, 2013 2:19am
Watch out for the compression / explosion folks....
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