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Cable Update (GBPUSD)

  • #351,981
  • Nov 6, 2013 3:00am Nov 6, 2013 3:00am
Push it to the limit! 1.61
Invest in alarm clocks
  • #351,982
  • Nov 6, 2013 3:01am Nov 6, 2013 3:01am
Quoting Davit
{quote} You can not be completely wrong specially about a currency which is highly inflated without substance.. British Pound is most overrated currency now. Lets put this in fundamental perspective Biggest GB trading partner is Euro zone which is in stagnate economic environment much worse then US, 12-27% Unemployment and not expected to grow much until 2017 Majority of UK "growth" is around London but outside is totally different picture. UK is developing scary housing bubble which is similar to 2008 bubble.Average household income is lower but...
All very true. Unfortunately for those of us who refuse to participate in this "bubble in the making", it can get painful standing in front of the stampede.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,983
  • Nov 6, 2013 3:04am Nov 6, 2013 3:04am
Quoting julia2011
{quote}
Those who say it cannot be done should not interrupt those who are doing it
  • #351,984
  • Nov 6, 2013 3:05am Nov 6, 2013 3:05am
we can test 1.6045 today. I would not rule out a move on the downside.
  • #351,985
  • Nov 6, 2013 3:06am Nov 6, 2013 3:06am
Quoting PipTrapper
{quote} All very true. Unfortunately for those of us who refuse to participate in this "bubble in the making", it can get painful standing in front of the stampede.
I think this is the situation where big brass balls are required. As we speak my nice little map is being abused, oh well shorts higher up it is then.
  • #351,986
  • Nov 6, 2013 3:11am Nov 6, 2013 3:11am
getting ready to short it until 58xx from 6120
good luck all
  • #351,987
  • Nov 6, 2013 3:11am Nov 6, 2013 3:11am
geppy is an attractive short at this moment. can't see it going to 160 anytime soon.
  • #351,988
  • Nov 6, 2013 3:14am Nov 6, 2013 3:14am
Quoting julia2011
getting ready to short it until 58xx from 6120 good luck all
  • #351,989
  • Edited 3:27am Nov 6, 2013 3:15am | Edited 3:27am
Quoting Pumpndump
{quote} I think this is the situation where big brass balls are required. As we speak my nice little map is being abused, oh well shorts higher up it is then.
Yes and possibly as high up as 620x which is where price meets the next falling trend line and also if you consider the bottoming as an inverse H/S, the measured target will be in that area also.

Unfortunately I missed the train.

G/U H1
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Those who say it cannot be done should not interrupt those who are doing it
  • #351,990
  • Nov 6, 2013 3:23am Nov 6, 2013 3:23am
salmons area is now approaching
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  • #351,991
  • Nov 6, 2013 3:32am Nov 6, 2013 3:32am
Good day,

1.6130 then 1.6150 is a probable target - as we have large sell stop clusters there.
  • #351,992
  • Edited 3:52am Nov 6, 2013 3:34am | Edited 3:52am
monthly

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8h

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  • #351,993
  • Nov 6, 2013 3:36am Nov 6, 2013 3:36am
just wanna try short now for GU
  • #351,994
  • Nov 6, 2013 3:38am Nov 6, 2013 3:38am
right im going to have a nap and hope i dont wakeup to THREE pending sells cheers gentlemen
  • #351,995
  • Nov 6, 2013 3:43am Nov 6, 2013 3:43am
Quoting nappenbir
{image}
Anything is possible, but this is a bit premature.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,996
  • Nov 6, 2013 3:44am Nov 6, 2013 3:44am
Quoting Pumpndump
right im going to have a nap and hope i dont wakeup to THREE pending sells cheers gentlemen
Sweet dreams.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,997
  • Nov 6, 2013 3:45am Nov 6, 2013 3:45am
only minutes i'm waiting the drop from these levels cable 6120 ,,,, eu 3520
about 100 pips today
  • #351,998
  • Nov 6, 2013 3:46am Nov 6, 2013 3:46am
shorted again at 1.6116, 61% short fib from last months high to low
  • #351,999
  • Nov 6, 2013 3:46am Nov 6, 2013 3:46am
Quoting Bones
usd has indeed printed dark cloud on D1 ,I am waiting for confirm ,poss ,but weekly disagrees to me in a nutshell I must say false for mo {image}
Quoting okanemici
{quote} Bones, your usdlfx needs one more day to confirm a safe short.Tomorrow I might make a call on this when I see it.It seems like it will range a little and go down . {image}
Bones, time for a pullback might be near.On chart.
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  • #352,000
  • Nov 6, 2013 3:52am Nov 6, 2013 3:52am
been waiting for this bear entry..
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