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Cable Update (GBPUSD)

  • #352,181
  • Nov 7, 2013 2:18am Nov 7, 2013 2:18am
Quoting Pumpndump
Good Day Gents, Map looking up now - and to me it's obviously up too, so perhaps time has come for shorts Best Regards
lol
  • #352,182
  • Nov 7, 2013 2:18am Nov 7, 2013 2:18am
feeling like not trading today. i think ecb will not cut. boe won't do any change. we will be status quo after the meetings
  • #352,183
  • Nov 7, 2013 2:20am Nov 7, 2013 2:20am
Witch side to chose?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_d_2013_11_07.jpg Size: 249 KB
  • #352,184
  • Nov 7, 2013 2:23am Nov 7, 2013 2:23am
Quoting Pumpndump
Good Day Gents, Map looking up now - and to me it's obviously up too, so perhaps time has come for shorts Best Regards
I kinda feel the same way..i also think its gonna go up..so it might be a good short
  • #352,185
  • Nov 7, 2013 2:39am Nov 7, 2013 2:39am
as long as were talking lots of experiance we can take seriously


Quoting okanemici
{quote} BBKing so please send me your bank account and I'll wire the money Sorry about that answer, because when I was writing it audjpy and audusd was crazy and I was taking positions, I had to cut it short.Even if I tried to tell my reason nobody probably would find it reasonable with that falling knife on their charts.They do this kind of falling knife drops and the opposite when they are about to change direction in a pair and that is where I'm experienced at.3 months ago I 'd have shorted that audusd and audyen and...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,186
  • Nov 7, 2013 2:40am Nov 7, 2013 2:40am
my daily and h4 look like this , best to wait for news if not in I suspect
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp USD Spot.png h4.png Size: 46 KB
Click to Enlarge Name: gbp USD Spot.png Size: 46 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,187
  • Nov 7, 2013 2:43am Nov 7, 2013 2:43am
Quoting Bones
my daily and h4 look like this , best to wait for news if not in I suspect {image} {image}
it looks like its in limbo..?
  • #352,188
  • Nov 7, 2013 2:44am Nov 7, 2013 2:44am
Yea I am bothered by d1 tl bounce eu ,ej I must admit ,but I trust weekly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,189
  • Nov 7, 2013 2:52am Nov 7, 2013 2:52am
nice chart I woulnt say say formation as other has nice long wick to top ,but sim consolidation ,
=consolidation then move

Quoting xau
Witch side to chose? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,190
  • Nov 7, 2013 3:12am Nov 7, 2013 3:12am
Will GU get pumped like EU did 2 weeks ago, this is what I wonder. We will see later.
  • #352,191
  • Nov 7, 2013 3:16am Nov 7, 2013 3:16am
weekly
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD Spot.png w1.png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,192
  • Nov 7, 2013 3:22am Nov 7, 2013 3:22am
usd is in this channel I think ,it did have a very bullish week last week
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxh4 7-11-13.png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #352,193
  • Nov 7, 2013 3:34am Nov 7, 2013 3:34am
anybody shorting geppy?
  • #352,194
  • Nov 7, 2013 3:38am Nov 7, 2013 3:38am
i was wondering. what would be the most volatile currency pair with the GBP news coming out?
Giquina
  • #352,195
  • Nov 7, 2013 3:46am Nov 7, 2013 3:46am
expecting 1.6040 after boe. upside looks tough
  • #352,196
  • Nov 7, 2013 3:47am Nov 7, 2013 3:47am
Quoting Bones
Yea I am bothered by d1 tl bounce eu ,ej I must admit ,but I trust weekly
the weekly and monthly are the only reasons i see to short
  • #352,197
  • Nov 7, 2013 3:53am Nov 7, 2013 3:53am
Will the pattern repeat itself? Waiting for breakout and entry on retest would be safe.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 67 KB
  • #352,198
  • Nov 7, 2013 4:13am Nov 7, 2013 4:13am
Quoting ravenbg
Will GU get pumped like EU did 2 weeks ago, this is what I wonder. We will see later.
Looks like G/U will only get pumped on USD weakness for now... and I think that the possible catalyst for that would be NFP tomorrow should it come in weaker than expected.
Keep in mind that the expectations are already very low, so beating them is a higher probability than not.
Those who say it cannot be done should not interrupt those who are doing it
  • #352,199
  • Nov 7, 2013 4:15am Nov 7, 2013 4:15am
Quoting giquina
i was wondering. what would be the most volatile currency pair with the GBP news coming out?
Apparently none of them. Everything as expected so it was a non-event.
Those who say it cannot be done should not interrupt those who are doing it
  • #352,200
  • Nov 7, 2013 4:15am Nov 7, 2013 4:15am
Quoting giveachance
expecting 1.6040 after boe. upside looks tough
Good call
Those who say it cannot be done should not interrupt those who are doing it
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