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Cable Update (GBPUSD)

  • #343,401
  • Jun 27, 2013 10:30am Jun 27, 2013 10:30am
Quoting Trader88q
{quote} No i will not say u that. You better sit ant look EUR,GBP,AUD technalysis and this will be the answer why.
Ok, thanks for the advice.

And may I suggest you sit and look at a few index charts. This may help you see the bigger picture. Here, I'll start you off with a couple.
Attached Image (click to enlarge)
Click to Enlarge Name: Indexes_3.PNG Size: 76 KB
Ghost Rider - WWTBMD?
  • #343,402
  • Jun 27, 2013 11:00am Jun 27, 2013 11:00am
Listen, I gave you the direction. You are on your own.
  • #343,403
  • Jun 27, 2013 11:05am Jun 27, 2013 11:05am
Quoting albchr
{quote} Ok, thanks for the advice. And may I suggest you sit and look at a few index charts. This may help you see the bigger picture. Here, I'll start you off with a couple. {image}

You trade at Liteforex?
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." — Warren
  • #343,404
  • Jun 27, 2013 11:07am Jun 27, 2013 11:07am
Quoting Trader88q
Listen, I gave you the direction. You are on your own.
No need to get nasty. I was only trying to help.

Yes, I am on my own and I thank the good Lord for it everyday. Keeps me making money.

Good luck to you.
Ghost Rider - WWTBMD?
  • #343,405
  • Jun 27, 2013 11:08am Jun 27, 2013 11:08am
Quoting mr-roma
{quote} You trade at Liteforex?
No sir. Just use them for the index charts and running a demo on the side.
Ghost Rider - WWTBMD?
  • #343,406
  • Jun 27, 2013 11:18am Jun 27, 2013 11:18am
Quoting claudia1
{quote} You keep buying I keep selling.
Hi Claudia, I'm with you. I've been always bearish on this poor currency since January.

Next month Mr Carney comes to the power and pushes it down more. The level I'm looking for is 1.42

Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 206 KB
  • #343,407
  • Jun 27, 2013 11:20am Jun 27, 2013 11:20am
Reaction to 0930am Uk data made it an easy downside sell off and a downside follow thru therefore on yesterday's daily t/f bearish candle with yet another downside breech of a newly established 4hr ascending trend line. 5200 the current lo -around Daily S2 and some demand seen here.... Price at 112% 20 day atr at the low and 101% of the 20 week atr so far this week. SBR has been the play on 1hr - see pic.

G/L

Techs to immediate downside

5206-00 previous minor 1hr swing lo - current daily lo incl 5206 = Daily S2 @/around
5184/82 61.8% 4830-5751 / 76.4% 5006-5751
5158-38 previous 4hr/minor daily swing hi / 4hr swing lo zone
5129 Weekly S2 @/around
5124-09 previous 4hr minor swing hi/lo zone incl 5116=85.4% 5006-5751 and Daily S3 @/around
5080-70 ascending weekly/daily trend line on friday's daily candle
5049 76.4% 4830-5751
5030-06 previous wkly/dly/4hr swing lo zone
4900-4880 ascending monthly trend line on friday's daily candle
4967 85.4% 4830-5751
4935 Monthly S2
4890 Weekly S3
4867-30 previous minor monthly/weekly/daily swing lo zone
Attached Image (click to enlarge)
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ex member
  • #343,408
  • Jun 27, 2013 11:24am Jun 27, 2013 11:24am
Wow MONTHLY CHART: It's not a currency. It's Niagara Fall

Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 160 KB
  • #343,409
  • Jun 27, 2013 11:27am Jun 27, 2013 11:27am
Quoting bbmac
Reaction to 0930am Uk data made it an easy downside sell off and a downside follow thru therefore on yesterday's daily t/f bearish candle with yet another downside breech of a newly established 4hr ascending trend line. 5200 the current lo -around Daily S2 and some demand seen here.... Price at 112% 20 day atr at the low and 101% of the 20 week atr so far this week. SBR has been the play on 1hr - see pic. G/L Techs to immediate downside 5206-00 previous minor 1hr swing lo - current daily lo incl 5206 = Daily S2 @/around 5184/82 61.8% 4830-5751 /...
This is not finished.
  • #343,410
  • Jun 27, 2013 11:35am Jun 27, 2013 11:35am
Quoting Maso
Wow MONTHLY CHART: It's not a currency. It's Niagara Fall {image}
LOL...
Ghost Rider - WWTBMD?
  • #343,411
  • Jun 27, 2013 2:11pm Jun 27, 2013 2:11pm
Range bound until NFP I think
Come with me if you want to live....
  • #343,412
  • Jun 27, 2013 3:38pm Jun 27, 2013 3:38pm
I think careful with $ ,monthly looks bearish long wick to north ,prob see cover not sure about break
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #343,413
  • Jun 27, 2013 3:43pm Jun 27, 2013 3:43pm
Quoting Bones
I think careful with $ ,monthly looks bearish long wick to north ,prob see cover not sure about break {image}
Counting on it. Need a nice pullback here to short from again.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 33 KB
Ghost Rider - WWTBMD?
  • #343,414
  • Jun 28, 2013 5:23am Jun 28, 2013 5:23am
5185 today?
Come with me if you want to live....
  • #343,415
  • Jun 28, 2013 5:32am Jun 28, 2013 5:32am
Quoting Ill-b-back
5185 today?

yes
Loosening is not an option
  • #343,416
  • Jun 28, 2013 5:59am Jun 28, 2013 5:59am
Quoting Maso
Wow MONTHLY CHART: It's not a currency. It's Niagara Fall {image}
Bearish or Bullish, Don't be Foolish
  • #343,417
  • Jun 28, 2013 9:10am Jun 28, 2013 9:10am
Is it going below 1.520 ?
  • #343,418
  • Edited 9:27am Jun 28, 2013 9:15am | Edited 9:27am
Quoting Piece Of The Pie
Is it going below 1.520 ?
1.52 is nothing

Talk about 1.45

As I said, it is going to close the month bearish. Both cable and fiber are rubbish

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  • #343,419
  • Jun 28, 2013 9:51am Jun 28, 2013 9:51am
Quoting Maso
{quote} 1.52 is nothing Talk about 1.45 As I said, it is going to close the month bearish. Both cable and fiber are rubbish {image}
Yep, 4 weeks for the $ to correct, two weeks to recover pretty much all of it. GBP third attempt at news highs and rejected again. Says a lot to me for now.
Attached Image (click to enlarge)
Click to Enlarge Name: USDLFX_GBPLFX_WEEKLY.PNG Size: 78 KB
Ghost Rider - WWTBMD?
  • #343,420
  • Jun 28, 2013 2:50pm Jun 28, 2013 2:50pm
Expecting Gap up.
Attached Image (click to enlarge)
Click to Enlarge Name: jt866ias.jpg Size: 105 KB
When Scalpers win, I lose and Vice varsa...
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