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Cable Update (GBPUSD)

  • #350,421
  • Oct 24, 2013 5:36pm Oct 24, 2013 5:36pm
market will continue
  • #350,422
  • Oct 24, 2013 6:22pm Oct 24, 2013 6:22pm
Quoting sepuluh
market will continue
wht you mean continue ?
in direction , or working ??
  • #350,423
  • Oct 24, 2013 6:33pm Oct 24, 2013 6:33pm
Quoting julia2011
{quote} wht you mean continue ? in direction , or working ??
I dont know...... just newbie
but I can assure
will surely continue to the left always and always.......

how about you....please give me advise about market today please......
  • #350,424
  • Oct 24, 2013 6:38pm Oct 24, 2013 6:38pm
are you indonesian?
my guessing depend on your name
  • #350,425
  • Oct 24, 2013 6:39pm Oct 24, 2013 6:39pm
Quoting julia2011
are you indonesian? my guessing depend on your name
yup...100% right
how about you ?
  • #350,426
  • Oct 24, 2013 6:41pm Oct 24, 2013 6:41pm
Ukranian
  • #350,427
  • Oct 24, 2013 6:42pm Oct 24, 2013 6:42pm
Quoting julia2011
Ukranian

cool
i'm glade to see you
  • #350,428
  • Oct 24, 2013 6:49pm Oct 24, 2013 6:49pm
Quoting suthmo
{quote} What time is it? 22:57 The WTF move level is currently between 6340 and 6400 until 12 to 2am then the levels change. I'm sure Asia can bring the WTF sauce to the party.

I wasn't wondering when the WTF moment was going to happen. I was waiting for the "I'll explain later" part.
  • #350,429
  • Oct 24, 2013 6:50pm Oct 24, 2013 6:50pm
Quoting sepuluh
{quote} cool i'm glade to see you
i think wont pass 6211
wht you think
  • #350,430
  • Oct 24, 2013 6:56pm Oct 24, 2013 6:56pm
Quoting julia2011
{quote} i think wont pass 6211 wht you think
ahhh....I dont know....
I'm not great at analysis......
mmmhh.....maybe... will go down to 1.6125 today .....
  • #350,431
  • Oct 24, 2013 7:29pm Oct 24, 2013 7:29pm
Final descent has started.
Target 1.55
New voice message: Why are you calling me? If I need you, I'll call you!
  • #350,432
  • Oct 24, 2013 7:46pm Oct 24, 2013 7:46pm
Quoting KillerWhale
Final descent has started. Target 1.55
I don't know how many people listen to efxnews, but their advice is to buy the dips.

If lot's of people are taking their advice, I don't see how we can push back down off these highs.

Even so, my bias is short, so I hope you're right.
  • #350,433
  • Oct 24, 2013 8:03pm Oct 24, 2013 8:03pm
GBP GDP is going to provide the boost to the direction tonight .. . . on daily chart upside is limited to 6310-6380..
buying dips may hold true until that ..
otherwise daily is mature and is ready to roll
  • #350,434
  • Oct 24, 2013 8:49pm Oct 24, 2013 8:49pm
it's make me crazy if I wrong OP ,,,

Attached Image (click to enlarge)
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  • #350,435
  • Oct 24, 2013 9:32pm Oct 24, 2013 9:32pm
Quoting harora
GBP GDP is going to provide the boost to the direction tonight .. . . on daily chart upside is limited to 6310-6380.. buying dips may hold true until that .. otherwise daily is mature and is ready to roll
Agree with you. Imo wave 3 of final wave 5 completed. We will be in that range mentioned on the chart until GDP publish. So fundamental will decide on which way it will go.

Attached Image (click to enlarge)
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Never test the depth of water with both feet.
  • #350,436
  • Oct 24, 2013 11:04pm Oct 24, 2013 11:04pm
massive 40pips spike.I have no idea why.Must be another Carney press interview....
In trading, you have to be defensive and aggressive at the same time
  • #350,437
  • Oct 24, 2013 11:05pm Oct 24, 2013 11:05pm
We just shot up about 40 pips and I'm not seeing any news or reason why.

And I don't see it happening across the board. Just with this pair.
  • #350,438
  • Oct 24, 2013 11:08pm Oct 24, 2013 11:08pm
no the gbpjpy has spiked as well....maybe the risk on trade is coming back on cus the AUDJPY is also spiking too
  • #350,439
  • Edited 11:23pm Oct 24, 2013 11:09pm | Edited 11:23pm
Though bull set up at top , as still looking for only shorts , price so far failed break just previous top 6260 with a apparent double top formation very possible this Friday , even carry out this crazy bull , taking very strong in nature & at a top!!, even to 6301,6315 towards the real bull target 6381,should pay for the damage , swing down towards 5885 the level before go up if possible next OK.

Anyway you bull still u have time to keep the bull set up ^ carry out next week to see , correct to 6000 to try strong bull again. so far should not excuse for great up at this top without correction/failure likely at some point & will wait for with scalping.

fontu ,

present pa h4 tf .
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusdweekly1.png Size: 45 KB
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Click to Enlarge Name: gbpusdh4.png Size: 35 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #350,440
  • Oct 24, 2013 11:14pm Oct 24, 2013 11:14pm
Quoting Baggi
We just shot up about 40 pips and I'm not seeing any news or reason why. And I don't see it happening across the board. Just with this pair.
I guess we need more patience.
I won't buy at these levels, only when 1.6260 breaks, I'll buy for 1.6380.
New voice message: Why are you calling me? If I need you, I'll call you!
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