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Cable Update (GBPUSD)

  • #351,241
  • Oct 30, 2013 6:13am Oct 30, 2013 6:13am
The truth is 1.6026 is an important level and was completely rejected. This can now move up to 1.6300 from here... obviously 1.6026 goes game on again for the bears
Loser trying to become a winner!
  • #351,242
  • Oct 30, 2013 6:20am Oct 30, 2013 6:20am
Quoting cat
{quote} I was actually referring to both the Dow Jones and S&P 500. For cable, yes, I think we have topped for now. I agree with your demand level which I have at around the same level. All that is super clear to me now is that September's wonderful Bull run is over, and now it's in range mode which suits me just fine.
Ahh yes SPX and DJ. Of course it's all clear blue sky. It's uncharted territory

SPX
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DJIA
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Those who say it cannot be done should not interrupt those who are doing it
  • #351,243
  • Oct 30, 2013 6:23am Oct 30, 2013 6:23am
ok...tech i should go long for scalp mode 30/ 50 pip but we have heavy news on ca so i wait for now..

GL all
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when GOD brings you a challenge he also gives you the power to deal with it
  • #351,244
  • Oct 30, 2013 6:29am Oct 30, 2013 6:29am
IMO : the G-U will play the ding-dong between 1.585-1.660 and E-U between 1.3725-1.3830
  • #351,245
  • Oct 30, 2013 6:33am Oct 30, 2013 6:33am
Quoting andan
IMO : the G-U will play the ding-dong between 1.585-1.660 and E-U between 1.3725-1.3830
1.660????
Those who say it cannot be done should not interrupt those who are doing it
  • #351,246
  • Oct 30, 2013 6:37am Oct 30, 2013 6:37am
immediate near-term potential upside upside obstacles - up to the bottom of that previous 6114-6256 4hr range that was broken to downside and held after a test from the underside on a pullback forcing price lower to yesterday's 6021 lo. Intraday sentiment bullish so far.

G/L
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ex member
  • #351,247
  • Oct 30, 2013 6:38am Oct 30, 2013 6:38am
Quoting PipTrapper
{quote} 1.660????

when GOD brings you a challenge he also gives you the power to deal with it
  • #351,248
  • Oct 30, 2013 6:57am Oct 30, 2013 6:57am
http://www.efxnews.com/story/21435/w...arclays-others

with all this consensus what fed's fomc will do/likely say later today - if they spring a surprise even in the language/implicity in the language - it could trigger a move other than the volatility it will likely trigger anyway, particularly in the unlikely event they begin tapering or only slightly more likely event (but still unlikely) that they will announce when they will begin tapering - at this meeting end. The language will be scrutinised !

G/L
ex member
  • #351,249
  • Oct 30, 2013 7:11am Oct 30, 2013 7:11am
Quoting Dapsychopath
{quote} Helo peeps, how is ur day. mine as follows, expecting a retrace to 6076 max, then we might see a drop down 5980. should it be more, next target would be 5895. Please follow ur own analysis. im just sharing. {image} gl gl n be them green
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touched exactly at 6076 as predicted before.
now the big questions are:
1) Will it stay?
2) When will it touch 5980?

im gonna watch this one now.
  • #351,250
  • Edited 7:28am Oct 30, 2013 7:17am | Edited 7:28am
85* is gonna play dead
Founder of Sutherland Wave Principle
  • #351,251
  • Oct 30, 2013 7:17am Oct 30, 2013 7:17am
Quoting PipTrapper
{quote} 1.660????
he is smoking some good stuff
  • #351,252
  • Oct 30, 2013 7:21am Oct 30, 2013 7:21am
Quoting PipTrapper
{quote} 1.660????
It's an honest mistake. Lol
  • #351,253
  • Oct 30, 2013 7:22am Oct 30, 2013 7:22am
Quoting PipTrapper
{quote} 1.660????

haha... i'm sorry, i mean 1.6160
  • #351,254
  • Oct 30, 2013 7:23am Oct 30, 2013 7:23am
Quoting andan
{quote} haha... i'm sorry, i mean 1.6160
Phew!! That's better. I think 1.6120 max, but I could be wrong too
Those who say it cannot be done should not interrupt those who are doing it
  • #351,255
  • Oct 30, 2013 7:33am Oct 30, 2013 7:33am
60849 60523 6105
Founder of Sutherland Wave Principle
  • #351,256
  • Oct 30, 2013 7:37am Oct 30, 2013 7:37am
Quoting Cowboy11
{quote} News is not that important anymore, just follow your charts and strategies.
As said earlier, figures is not longer so important, but the market will be voiletal at that particular moment.
Face both Win and Lose bravely
  • #351,257
  • Oct 30, 2013 8:01am Oct 30, 2013 8:01am
As I've been speculating (and posting) for the last few days, Uber USD bears are covering. Perhaps as I have been speculating, it is due to the FOMC risk event. However, one thing I didn't think of till now is that it may not have anything to do with FOMC, but rather just normal month end flows, re-positioning and re-hedging. That makes more sense. Regardless, looks like the USD is the beneficiary of such flows... at least for now anyway.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,258
  • Oct 30, 2013 8:26am Oct 30, 2013 8:26am
*30-Oct-2013 - REUTERS POLL-46 OF 53 ECONOMISTS POLLED SAY BANK OF ENGLAND WILL BRING FORWARD ITS EXPECTATION FOR WHEN UNEMPLOYMENT WILL REACH 7 PCT

*30-Oct-2013 - REUTERS POLL-49 OF 53 ECONOMISTS SAY BOE GUIDANCE GET-OUT CLAUSES WILL NOT BE USED
  • #351,259
  • Oct 30, 2013 8:27am Oct 30, 2013 8:27am
Quoting PipTrapper
As I've been speculating (and posting) for the last few days, Uber USD bears are covering. Perhaps as I have been speculating, it is due to the FOMC risk event. However, one thing I didn't think of till now is that it may not have anything to do with FOMC, but rather just normal month end flows, re-positioning and re-hedging. That makes more sense. Regardless, looks like the USD is the beneficiary of such flows... at least for now anyway.
Your not thinking 4th dimensionally. Those are 3 dimensional answers to a 4 dimensional question. Normal flows? Yes, I'll give you that one.

60849 60523 6105
Founder of Sutherland Wave Principle
  • #351,260
  • Oct 30, 2013 8:29am Oct 30, 2013 8:29am
Quoting JeremyWS
*30-Oct-2013 - REUTERS POLL-46 OF 53 ECONOMISTS POLLED SAY BANK OF ENGLAND WILL BRING FORWARD ITS EXPECTATION FOR WHEN UNEMPLOYMENT WILL REACH 7 PCT *30-Oct-2013 - REUTERS POLL-49 OF 53 ECONOMISTS SAY BOE GUIDANCE GET-OUT CLAUSES WILL NOT BE USED
This was my favorite one

POLL-VAST MAJORITY OF ECONOMISTS POLLED SAY UK UNEMPLOYMENT WILL REACH 7 PCT BEFORE Q3 2016
The world you desire can be won. It exists.. it is real.. it is possible..
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