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Cable Update (GBPUSD)

  • #343,661
  • Jul 9, 2013 3:11am Jul 9, 2013 3:11am
Hi Mate

hanging in there re those longs ? UBS calling for 1.41 ads their shortside target - hope they are wrong for your sake !

G/L

Quoting nAVIN2007
i think this is a bottom personally..bloody hope so ..
ex member
  • #343,662
  • Jul 9, 2013 3:14am Jul 9, 2013 3:14am
Quoting bbmac
Hi Mate hanging in there re those longs ? UBS calling for 1.41 ads their shortside target - hope they are wrong for your sake ! G/L {quote}
Good info my friend traded for them in the US and whilst they not always right as he said 'we can make it right' lol
  • #343,663
  • Jul 9, 2013 3:15am Jul 9, 2013 3:15am
Quoting claudia1
{quote} Pretty much time frame says it is but who knows! Good luck as I'm in long too.
looking at the indexes dollar has hit a road block..it likely to fall
gbp strength i think is looking good so long as the news figures support it..

cable chart:- monthly pin (march) so long as it holds..its a bull but 1.50 needs to hold as support..instead of resistance

trade safe and be fortunate
  • #343,664
  • Jul 9, 2013 3:16am Jul 9, 2013 3:16am
Quoting bbmac
Hi Mate hanging in there re those longs ? UBS calling for 1.41 ads their shortside target - hope they are wrong for your sake ! G/L {quote}

i listen to nobody but the charts tom..
  • #343,665
  • Jul 9, 2013 3:16am Jul 9, 2013 3:16am
Quoting nAVIN2007
{quote} looking at the indexes dollar has hit a road block..it likely to fall gbp strength i think is looking good so long as the news figures support it.. cable chart:- monthly pin (march) so long as it holds..its a bull but 1.50 needs to hold as support..instead of resistance trade safe and be fortunate
And you too !
  • #343,666
  • Jul 9, 2013 3:29am Jul 9, 2013 3:29am
Quoting claudia1
{quote} And you too !

thanks

note:- euro is also supporting a buy potentially
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  • #343,667
  • Jul 9, 2013 3:34am Jul 9, 2013 3:34am
Those figures were not particularly good
  • #343,668
  • Jul 9, 2013 3:40am Jul 9, 2013 3:40am
big knee-jerk downside react...data as below.. going left to right are the actual.. forecast and last month's. Question now - will the bears use this as opp to follow thru on the general bearishness in this pairing ?

G/L
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ex member
  • #343,669
  • Jul 9, 2013 3:49am Jul 9, 2013 3:49am
Quoting bbmac
big knee-jerk downside react...data as below.. going left to right are the actual.. forecast and last month's. Question now - will the bears use this as opp to follow thru on the general bearishness in this pairing ? G/L {image}
I always look at range and we hit 90 something so far - ok had big moves last week but can this go any further and take out yesterdays low?
  • #343,670
  • Jul 9, 2013 4:10am Jul 9, 2013 4:10am
anything can happen.

G/L

Quoting claudia1
{quote} I always look at range and we hit 90 something so far - ok had big moves last week but can this go any further and take out yesterdays low?
Attached Image
ex member
  • #343,671
  • Jul 9, 2013 4:24am Jul 9, 2013 4:24am
Ive been saying this and ill say again

dont bet against a dollar bull, and dont bet against carney.
u know my stance
looking for 1.45 as previous support that led to gbpusd bouncing back up to 1.57 a week or so ago at 1.50, 1.50 major support, proven by previous double bottom has turned to resistance
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #343,672
  • Jul 9, 2013 4:33am Jul 9, 2013 4:33am
The fundies are what drive the market friends!
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  • #343,673
  • Jul 9, 2013 4:48am Jul 9, 2013 4:48am
Quoting fontu
!st limit just now broken 4963 & now limit for up goes 4913 for further up try , one smaller last leg up possible before the down next . eu broken that limit before 2869 & next 2888 may even break & next goes 2823 . Anyway breaks limit do mean open option for more correct & at the same time enough done & go what doing before , down another leg to try correct again. the same as gold today , not breaks 1245 to have another leg down & carry all others also > morning formula still active . so careful watching next pa . fontu {image} {image}

Well done, some green pips from you. Thanks.
you can't stop the waves, but you can learn to surf
  • #343,674
  • Jul 9, 2013 4:52am Jul 9, 2013 4:52am
long @1.4880 with SL4860
  • #343,675
  • Jul 9, 2013 4:58am Jul 9, 2013 4:58am
Quoting sibajnok
long @1.4880 with SL4860
haha. it was not the best idea ever... but, I have to accept it.
  • #343,676
  • Jul 9, 2013 5:01am Jul 9, 2013 5:01am
Quoting sibajnok
{quote} haha. it was not the best idea ever... but, I have to accept it.
The trend is your friend dude. Don't diss your friends!
  • #343,677
  • Jul 9, 2013 5:15am Jul 9, 2013 5:15am
Lol great advice above re not dissing your friends.

Stop run on 4850 now ? or more downside ? How much demand leading down to 4830 ?

below current daily lo @ 4843:

4867-30 previous minor monthly/weekly/daily swing lo zone
4823 76.4% 4225-6746
4817 Daily S2 @/around
4789 Monthly S2 @/around
4777 Daily S3 @/around
4726 Weekly S1 @/around
4597 85.4% 4225-6746
4567 Weekly S2 @/around

G/L
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ex member
  • #343,678
  • Jul 9, 2013 5:20am Jul 9, 2013 5:20am
The flush has all but completed.
It's the simple things in life that have the most powerful meaning.
  • #343,679
  • Jul 9, 2013 5:23am Jul 9, 2013 5:23am
Quoting lebleup
The flush has all but completed.
Uhhhh.. stand by.
It's the simple things in life that have the most powerful meaning.
  • #343,680
  • Edited 5:44am Jul 9, 2013 5:34am | Edited 5:44am
Bear continued gu for one small leg ok , others also expecting so . next target gu 4929 & actually 4725.better say 4227,3480,3382. other levels are 4446,4233,3800,3500. Most critical is 4227 after this 4727.
Anyway down train continues very strong !!,
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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