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Cable Update (GBPUSD)

  • #347,601
  • Sep 27, 2013 3:11am Sep 27, 2013 3:11am
If duble top
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  • #347,602
  • Sep 27, 2013 3:54am Sep 27, 2013 3:54am
GU H4

buy opp. on cable
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  • #347,603
  • Sep 27, 2013 4:01am Sep 27, 2013 4:01am
In my opinion in the start of next week this pair will start down trend
  • #347,604
  • Sep 27, 2013 4:09am Sep 27, 2013 4:09am
Quoting harve
{quote} am i have wrong prediction? luckily, my prediction 1.6117 was touch now, i just hope h4 candle being hammer
Nice






Quoting harve
{quote} owh.., im so sorry Can be the cabble south again to 1.6065 or 1.6023???
maybe need little bounce before goes to 1.6023??? i hope so
even better than mama
  • #347,605
  • Sep 27, 2013 4:27am Sep 27, 2013 4:27am
Quoting chazzle
GU H4 buy opp. on cable
nice little scalp between fib levels
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  • #347,606
  • Sep 27, 2013 5:30am Sep 27, 2013 5:30am
Squeezing the bears till the pips squeak......Goldman Sachs looking for $1.68 by year end for gbpusd ... mis-information or real information ? you decide.

http://www.efxnews.com/story/20933/b...-goldman-sachs

G/L
ex member
  • #347,607
  • Sep 27, 2013 5:50am Sep 27, 2013 5:50am
Quoting harve
hmm... maybe 1.5955 the most interested number for this weekend??? im not sure
I support this idea although it really looks very bullish. Moving higher than .6140 - .6160 today is very unlikely cos we don't have any heavy news left for today (if Carney or Ben don't have in their pocket something else for weekend).

After Carney it got hit with supply at .6120 - .6130 resistance area. On the other hand if it goes lower today, I'm not really sure if we see .5960 today cos it will make some pips greatly over daily range which is somewhere 90 pips atm. But on days where we see fast and large moves it is possible though.
  • #347,608
  • Sep 27, 2013 10:15am Sep 27, 2013 10:15am
chancing a short @ 1.6132
Don't be a hero. Don't have an ego. Always question yourself
  • #347,609
  • Sep 27, 2013 12:05pm Sep 27, 2013 12:05pm
Quoting USD-Bear
chancing a short @ 1.6132
good eyes there mate.. already cleared all my longs and currently short.. just a bit lower than yours at 6128..

not sure we will see price higher than today.. unless of course if there's breakout of 6160.. just atm seems unlikely..
  • #347,610
  • Sep 27, 2013 12:21pm Sep 27, 2013 12:21pm
Quoting A-speculator
{quote} good eyes there mate.. already cleared all my longs and currently short.. just a bit lower than yours at 6128.. not sure we will see price higher than today.. unless of course if there's breakout of 6160.. just atm seems unlikely..
not very confident, they play hard ball, need help from USD otherwise prob. lose it....

USDOLLAR M15:
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Don't be a hero. Don't have an ego. Always question yourself
  • #347,611
  • Sep 27, 2013 12:33pm Sep 27, 2013 12:33pm
Quoting USD-Bear
chancing a short @ 1.6132
fak, out @ BE again, the GBP in GBP/USD is not ready yet...
Don't be a hero. Don't have an ego. Always question yourself
  • #347,612
  • Sep 27, 2013 1:33pm Sep 27, 2013 1:33pm
62 is key confluence harmonically 88.6 fib of 6381 2012 High
Blue box is most likely turn around area.
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In trading, you have to be defensive and aggressive at the same time
  • #347,613
  • Sep 27, 2013 1:39pm Sep 27, 2013 1:39pm
Quoting bbmac
Squeezing the bears till the pips squeak......Goldman Sachs looking for $1.68 by year end for gbpusd ... mis-information or real information ? you decide. http://www.efxnews.com/story/20933/b...-goldman-sachs G/L

Hi BBmac
Kind of interesting that they also predicted Aussie to go to 80 and Kiwi below 74 and none happened.
When key Bank is announcing their prediction 1.68 I tend to think they plan shorting heavy.

Market manipulations daily nothing has changed in trading.Carney spilling crap in article is prime example.I bet he had his family, friends geared up for the article release.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #347,614
  • Sep 27, 2013 1:55pm Sep 27, 2013 1:55pm
If this shit blazes past 1.6337, i will know there is nothing to do than to stop forex
The fragrance remains in the hands of those that gves the rose
  • #347,615
  • Sep 27, 2013 2:02pm Sep 27, 2013 2:02pm
watch out folks, obama speaks in 30mins
  • #347,616
  • Sep 27, 2013 2:03pm Sep 27, 2013 2:03pm
Quoting okosodo
If this shit blazes past 1.6337, i will know there is nothing to do than to stop forex

If you are Bear like me we had no correcting move yet and historically price does not go straight up.I am looking 5660 38.2 Fib correction.
Assuming price does not go any higher. I see 62 as key level and most likely turn around harmonically.
In trading, you have to be defensive and aggressive at the same time
  • #347,617
  • Sep 27, 2013 2:09pm Sep 27, 2013 2:09pm
Quoting mamalujo
watch out folks, obama speaks in 30mins
Where do you see this? Anyone have a link for his speech?
Faith ends where worry begins, and worry ends where faith begins.
  • #347,618
  • Sep 27, 2013 2:31pm Sep 27, 2013 2:31pm
Quoting Davit
{quote} If you are Bear like me we had no correcting move yet and historically price does not go straight up.I am looking 5660 38.2 Fib correction. Assuming price does not go any higher. I see 62 as key level and most likely turn around harmonically.

Yea, but it can defy that
The fragrance remains in the hands of those that gves the rose
  • #347,619
  • Sep 27, 2013 2:34pm Sep 27, 2013 2:34pm
I agree re bank predictions but take no conspiracy led view about their motivations as it doesn't affect my trading which is via a technically derived edge - I take no notice therefore except that they perhaps add into a growing narrative that has been gaining ground in recent weeks - all of which has been generally £ positive. From Carney's forward guidance to his comments reported today re Qe and the generally improving data coming out of Uk and the Fed's cancellation/postponement of the much anticipated Sept-taper...this is where I think the bears have been naive - they have ignored the technical picture with growing opa uptrends on subsequently higher t/f's up to weekly now, and mis-read the fundamentals.

Short term till year end I think the outlook remains technically and fundamentally generally bullish with the proviso's of the U.s debt ceiling developments and any Oct-taper, Nov-taper, Dec-taper from the Fed or hints thereto, and of course the usual data reactions from both Uk and U.s data releases, as well as anything currently un-anticipated/un known that may come out of left field.

None of us know what will happen in the future and the real advantage of being a technical trader is - we don't have to - we just trade what we see happening - not what we think may happen.

G/L

Quoting Davit
{quote} Hi BBmac Kind of interesting that they also predicted Aussie to go to 80 and Kiwi below 74 and none happened. When key Bank is announcing their prediction 1.68 I tend to think they plan shorting heavy. Market manipulations daily nothing has changed in trading.Carney spilling crap in article is prime example.I bet he had his family, friends geared up for the article release. Regards
ex member
  • #347,620
  • Sep 27, 2013 2:38pm Sep 27, 2013 2:38pm
I will consider quitting forex if it remains like this before the end of the year
The fragrance remains in the hands of those that gves the rose
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