Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Last Post
1 17221 17222 Page 17223 17224 17225 43768
1 Page 17223 43768

#344,441
Jul 30, 2013 8:52am Jul 30, 2013 8:52am

dormin
| Membership Revoked | Joined Apr 2013 | 94 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpm3.png
Size: 56 KB

"be content with your pay" - John the Baptist

#344,442
Jul 30, 2013 8:59am Jul 30, 2013 8:59am

Fx-gtg
| Joined Dec 2011 | Status: Trader | 947 Posts

if we get a mega sink. level to watch is 1.4640 wow 600 pips below where we are now.

#344,443
Jul 30, 2013 9:04am Jul 30, 2013 9:04am

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

Some USDX charts.
Monthly we dropped when approaching the long term downward trendline, probably we should visit the demand zone below 80 first.
Weekly umm... this week's green is still small relative to last three red bars.
Daily we dropped through the zone now we are retesting it.
We are at a very interesting level judging from USDX charts and it is difficult to just say Cable is dead. It makes sense for taking some profits ahead this week's big data&announcements due risk aversion, but premature to say that dollar is to recover its upward trajactory.

Attached Images

#344,444
Jul 30, 2013 9:07am Jul 30, 2013 9:07am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Darkforce

Disliked

Some USDX charts. Monthly we dropped when approaching the long term downward trendline, probably we should visit the demand zone below 80 first. Weekly umm... this week's green is still small relative to last three red bars. Daily we dropped through the zone now we are retesting it. We are at a very interesting level judging from USDX charts and it is difficult to just say Cable is dead. It makes sense for taking some profits ahead this week's big data&announcements due risk aversion, but premature to say that dollar is to recover its upward trajactory....

Ignored

great charting and explanation

#344,445
Jul 30, 2013 9:24am Jul 30, 2013 9:24am

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

current price : 524x . where are we ? on click

not euphoria follower

#344,446
Jul 30, 2013 9:41am Jul 30, 2013 9:41am

lebleup
| Joined Dec 2011 | Status: Trader | 228 Posts

Quoting fontu

Disliked

{quote} Sure , very possible & expecting this only perhaps , monthly close below 5108 & hold to go previous low & continue anf delay with my diamond formation theory price may play around 5108 for more 3 months to decide next crush . very eary stage of the movements, in smaller tf still to break 5028 & 4813 to confirm.others 5221 & 5168 breaks the picture again & many may not like all in advance !! fontu {image}

Ignored

xxxxxxxxxxx
The fact of the matter is that commodity currencies....AUD....NZD....CAD.... have been in a decline and now accelerating downwards. These lead the markets by weeks and sometimes months. Look for capitulation and the Equities markets to tank. We're right on the cusp. GBP/USD DOWN....... USD/CAD ......UP... check it out.

It's the simple things in life that have the most powerful meaning.

#344,447
Jul 30, 2013 9:41am Jul 30, 2013 9:41am

Maso
| Joined Feb 2013 | Status: Trader | 907 Posts

Quoting nAVIN2007

Disliked

{quote} might happen..

Ignored

I believe in you man

#344,448
Jul 30, 2013 9:44am Jul 30, 2013 9:44am

Xerxes9
| Joined Dec 2012 | Status: Trader | 4 Posts

@ next targate 1,5160 and 1,5040 ?

#344,449
Jul 30, 2013 9:45am Jul 30, 2013 9:45am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Maso

Disliked

{quote} I believe in you man

Ignored

why?

#344,450
Jul 30, 2013 9:53am Jul 30, 2013 9:53am

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

Quoting Darkforce

Disliked

Some USDX charts. Monthly we dropped when approaching the long term downward trendline, probably we should visit the demand zone below 80 first. Weekly umm... this week's green is still small relative to last three red bars. Daily we dropped through the zone now we are retesting it. We are at a very interesting level judging from USDX charts and it is difficult to just say Cable is dead. It makes sense for taking some profits ahead this week's big data&announcements due risk aversion, but premature to say that dollar is to recover its upward trajactory....

Ignored

Attached Image

not euphoria follower

#344,451
Jul 30, 2013 10:03am Jul 30, 2013 10:03am

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

Quoting nAVIN2007

Disliked

{quote} great charting and explanation

Ignored

Thanks :=)

#344,452
Jul 30, 2013 10:08am Jul 30, 2013 10:08am

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

Quoting iqyu5an

Disliked

{quote} {image}

Ignored

Good alternative scenario.

I dont look at indi so div is not part of my consideration.

I just think bounce from that thick red line is bit boring and some more USD weakness would be fun.

#344,453
Jul 30, 2013 10:12am Jul 30, 2013 10:12am

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

not calculate the ratio in detail but... it's like a ....

***
obama in 45 minutes..

Quoting Darkforce

Disliked

{quote} Good alternative scenario. I dont look at indi so div is not part of my consideration. I just think bounce from that thick red line is bit boring and some more USD weakness would be fun.

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: usdix-h4-windsor-brokers-ltd-3drv.png
Size: 39 KB

Attached Image

not euphoria follower

#344,454
Jul 30, 2013 10:15am Jul 30, 2013 10:15am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting iqyu5an

Disliked

not calculate the ratio in detail but... it's like a .... *** obama in 45 minutes.. {quote} {image} {image}

Ignored

that is pure speculation..there is no way any1 would trade such a thing for start its pre empting a reversal

#344,455
Jul 30, 2013 10:16am Jul 30, 2013 10:16am

iqyu5an
Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts

===
i don't trade the news also mate ... am blind about fundamental....

pure technical ...

i don't know what gonna happen but this what i see .. double prz ( 3 drive and 5:0 bullish pattern ). could be wrong 100 %

Quoting nAVIN2007

Disliked

{quote} that is pure speculation..there is no way any1 would trade such a thing for start its pre empting a reversal

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: usdix-h4-windsor-brokers-ltd-50.png
Size: 52 KB

not euphoria follower

#344,456
Jul 30, 2013 10:23am Jul 30, 2013 10:23am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting iqyu5an

Disliked

=== i don't trade the news also mate ... am blind about fundamental.... pure technical ... {quote}

Ignored

tomorrow will be interesting

Quoting nAVIN2007

Disliked

{quote} its never going to be exact..we are also 50% retrace of the pin..this area is no joke i am not ignoring the pin on 1 hr chart might be a warning..USD needs to get weak if arnie gonna get his target a drop of 120 pips or so..would give weekly a completely different view ..also a pin on monthly will confuse every1..which is what im going for..think like u have the power to make the market move..to make people lose money..an play those positions going to be interesting

Ignored

hrmmmm looks like it gonna materialise

Quoting Pumpndump

Disliked

{quote} Then good sir please tell me do you think the top of the daily clouds is a good target from here in terms of % Orr or what you will? As if you can provide good logic I will buy a dip. Like you I've been playing a bullish divergence for what seems like an age. edit : apologies I am slathered, cognac would have got better of me, I meant weekly.

Ignored

u now have yur answer