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Cable Update (GBPUSD)

  • #342,761
  • Jun 17, 2013 5:25am Jun 17, 2013 5:25am
Just a thought about the weekly whilst it looks bullish the gain over previous week high was marginal ,if it does break up im looking for a fail before retrace ,
daily is turning already
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd w1 17-6-13.png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,762
  • Jun 17, 2013 5:43am Jun 17, 2013 5:43am
will it drop now. that is the big question.
  • #342,763
  • Jun 17, 2013 5:47am Jun 17, 2013 5:47am
ok , Monday open chops & some more charts , I think decision making this week for strong action either side , wave 3 up for reversal over previous top stop or continue down wave 3 below all lows stop.me only bear side though .

fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdweekly.png Size: 43 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,764
  • Jun 17, 2013 7:47am Jun 17, 2013 7:47am
Quoting Bones
Just a thought about the weekly whilst it looks bullish the gain over previous week high was marginal ,if it does break up im looking for a fail before retrace , daily is turning already {image}

i starting to let go of my buys..this is what im looking at bro

i dont think it break quite into the uptrend but its kinda already in it early stages except for the fall from 2
Attached Image(s) (click to enlarge)
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  • #342,765
  • Jun 17, 2013 7:50am Jun 17, 2013 7:50am
Quoting fontu
ok , Monday open chops & some more charts , I think decision making this week for strong action either side , wave 3 up for reversal over previous top stop or continue down wave 3 below all lows stop.me only bear side though . fontu {image} {image}
we are going to stay in this triangle you draw in the monthly TF for several months I think
  • #342,766
  • Jun 17, 2013 8:01am Jun 17, 2013 8:01am
Quoting -sonny-
{quote} we are going to stay in this triangle you draw in the monthly TF for several months I think
some sort of retrace perhaps to previous monthly high
  • #342,767
  • Jun 17, 2013 8:11am Jun 17, 2013 8:11am
Quoting FXMindset
{quote} Morning all, added buy limit @1.5705 stop @1.5615 TP: Open - Previous Trade Trying Long @ 1.5645 stop @ 1.5580 TP : Open
Next 1.5753,Daily solid close above that level might inviting 1.5867 level or above
If there was easy money lying around,no one would be forcing it into your
  • #342,768
  • Jun 17, 2013 8:14am Jun 17, 2013 8:14am
Quoting nAVIN2007
{quote} some sort of retrace perhaps to previous monthly high
I'm thinking the bottom of last years summer range around 1.5420 area.
If we end up there by months end or so, I'll be looking for bullish PA
Come with me if you want to live....
  • #342,769
  • Jun 17, 2013 8:18am Jun 17, 2013 8:18am
Quoting nAVIN2007
{quote} some sort of retrace perhaps to previous monthly high
If we close today above 57xx, then the 61.8 fib at 5785 looks good before the drop.
Come with me if you want to live....
  • #342,770
  • Jun 17, 2013 8:20am Jun 17, 2013 8:20am
Quoting FXMindset
{quote} Next 1.5753,Daily solid close above that level might inviting 1.5867 level or above
Took a small long at 5695, couldn't resist before heading out for the night shift.
Come with me if you want to live....
  • #342,771
  • Jun 17, 2013 8:26am Jun 17, 2013 8:26am
Quoting Ill-b-back
{quote} Took a small long at 5695, couldn't resist before heading out for the night shift.
yes,watch the daily close @ 1.5753 sir for further up or starting down
If there was easy money lying around,no one would be forcing it into your
  • #342,772
  • Jun 17, 2013 8:30am Jun 17, 2013 8:30am
Quoting FXMindset
{quote} yes,watch the daily close @ 1.5753 sir for further up or starting down
I'm off to bed so might just close out now and pocket my $10

lol...

One of my better ones mind you

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 35 KB
Come with me if you want to live....
  • #342,773
  • Edited 9:12am Jun 17, 2013 8:45am | Edited 9:12am
Quoting nAVIN2007
{quote} some sort of retrace perhaps to previous monthly high
yes the move up will probably continue, but a move down of 300 or 400 pips before is also possible.

if we don't break 1.5760 today , I will start carefully to sell
  • #342,774
  • Jun 17, 2013 8:49am Jun 17, 2013 8:49am
Now a free ride looking for the retest of dark TL
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 34 KB
Come with me if you want to live....
  • #342,775
  • Jun 17, 2013 8:49am Jun 17, 2013 8:49am
Unbelivable reaction to the news. euro bad news on both counts. CAD and US news briliant and it still goes long does not make sense to me. Expected it to fall. I think it was the last push of the bulls. Or the the bulls are in play.
  • #342,776
  • Jun 17, 2013 8:58am Jun 17, 2013 8:58am
Quoting ferreira1239
Unbelivable reaction to the news. euro bad news on both counts. CAD and US news briliant and it still goes long does not make sense to me. Expected it to fall. I think it was the last push of the bulls. Or the the bulls are in play.


bears are scared, we had a nice little pop down earlier though
All posts are my personal opinion
  • #342,777
  • Jun 17, 2013 8:59am Jun 17, 2013 8:59am
i dont see any confirmation to go short atm.
But i more affraid to go long,.
  • #342,778
  • Jun 17, 2013 9:00am Jun 17, 2013 9:00am
Quoting Ill-b-back
{quote} I'm thinking the bottom of last years summer range around 1.5420 area. If we end up there by months end or so, I'll be looking for bullish PA

i agree looks like a good spot anything lower id say it was bearish
good analysis bud

bearish diverence on 4hr the type u cant ignore either..lets see how this mofo gonna treat meh
  • #342,779
  • Jun 17, 2013 9:18am Jun 17, 2013 9:18am
careful guys
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #342,780
  • Jun 17, 2013 9:36am Jun 17, 2013 9:36am
Quoting Bones
careful guys {image}

she is reacted where she needs too
that hammer looking like it was a warning like u were expecting tone..its looking top heavy if u ask me
Attached Image (click to enlarge)
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