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Cable Update (GBPUSD)

  • #374,261
  • Apr 30, 2014 6:24am Apr 30, 2014 6:24am
Quoting JimmyC
You are entering the: THE NO TRADE ZONE {image}
@JimmyC:

This was posted yesterday, Tuesday, April 29, 2014 at 2:15pm eastern -

Quoting JimmyC
Its been my continuing experience that there is no real further point in charting till this is over.

http://www.forexfactory.com/attachme...0&d=1398795316


It's really nice to see you posting your charts again today before the 8:15am eastern which is 2:15pm eastern your time
ADP Non-Farm Employment Change for today, Wednesday, April 30, 2014.

Thank You for changing your mind

I really like reading your posts

HDA OUT
  • #374,262
  • Apr 30, 2014 6:40am Apr 30, 2014 6:40am
this is not good
  • #374,263
  • Apr 30, 2014 6:43am Apr 30, 2014 6:43am
what a load of shit happening since morning today. euro rallies 60 pips on bad data and gbp also rallies along with it. shorted gbp @32
  • #374,264
  • Apr 30, 2014 6:44am Apr 30, 2014 6:44am
Quoting nAVIN2007
this is not good
@nAVIN2007:

What's up? This is your REAL friend asking, what's not good?

Talk to me

HDA OUT
  • #374,265
  • Apr 30, 2014 6:49am Apr 30, 2014 6:49am
Quoting HDA
{quote} @nAVIN2007: What's up? This is your REAL friend asking, what's not good? Talk to me HDA OUT
euro moving the way it is..looking quite strong
I will also probably shopping when the news is realized, typical my mother decides to go at absolutely the worst time for me
women
  • #374,266
  • Apr 30, 2014 6:52am Apr 30, 2014 6:52am
Quoting nAVIN2007
{quote} euro moving the way it is..looking quite strong I will also probably shopping when the news is realized, typical my mother decides to go at absolutely the worst time for me women
Expected.
Ghost Rider - WWTBMD?
  • #374,267
  • Apr 30, 2014 6:53am Apr 30, 2014 6:53am
Quoting albchr
{quote} Expected.

encouraging in one aspect..USD strength is sitting on support ..hopefully it sits there till the news is realised
  • #374,268
  • Apr 30, 2014 6:56am Apr 30, 2014 6:56am
if the news comes in good for USD im sure cable will tank
  • #374,269
  • Apr 30, 2014 6:56am Apr 30, 2014 6:56am
Quoting nAVIN2007
{quote} euro moving the way it is..looking quite strong
@nAVIN2007:

I know. I got the early warning from ruffryder's post this morning at 6:15am eastern some 1 hour and 40 mins ago from his ASG CORP Journal.


Quoting ruffryders
eur usd breakout warning: Shorters beware, weak data on us will send eu to 4040, you've been warned

Thanks ruffryders
http://www.forexfactory.com/showthre...72#post7437372


HDA OUT
  • #374,270
  • Apr 30, 2014 6:56am Apr 30, 2014 6:56am
Quoting nAVIN2007
{quote} euro moving the way it is..looking quite strong I will also probably shopping when the news is realized, typical my mother decides to go at absolutely the worst time for me women
Hey Navin, E/U still has a lot of work to do to move up further.
Attached Image (click to enlarge)
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  • #374,271
  • Apr 30, 2014 6:57am Apr 30, 2014 6:57am
Heres USD/CHF too
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh1.png Size: 115 KB
  • #374,272
  • Apr 30, 2014 6:59am Apr 30, 2014 6:59am
Quoting PipLand
{quote} Hey Navin, E/U still has a lot of work to do to move up further. {image}
yes i agree
  • #374,273
  • Apr 30, 2014 7:00am Apr 30, 2014 7:00am
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-04-30 at 7.58.24 AM.png Size: 167 KB
There's always money in the banana stand.
  • #374,274
  • Apr 30, 2014 7:01am Apr 30, 2014 7:01am
Quoting nAVIN2007
{quote} yes i agree
Oil just broke $100 too
  • #374,275
  • Apr 30, 2014 7:02am Apr 30, 2014 7:02am
Quoting nAVIN2007
{quote} encouraging in one aspect..USD strength is sitting on support ..hopefully it sits there till the news is realised
Rejected yet again from 80.00 (I've lost count how many times now) and falling hard atm. We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: DXY 5H.PNG Size: 41 KB
Ghost Rider - WWTBMD?
  • #374,276
  • Apr 30, 2014 7:03am Apr 30, 2014 7:03am
Quoting PipLand
Heres USD/CHF too {image}

between the low to high of the swing price is sitting on 61.8 fib..and for sure it acting as support.. (confluence with the previous bullish pin, retest breakout point)
all we need is good news..monthly print should be a bullish pin setting it all up
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfxmonthly.png Size: 69 KB
  • #374,277
  • Apr 30, 2014 7:04am Apr 30, 2014 7:04am
Quoting nAVIN2007
if the news comes in good for USD im sure cable will tank
@nAVIN2007:

I like when you say you are SURE, it keeps me on my toes to take a keen notice.

Lets see what happens

Positive USD data = Sure GBP/USD tank



HDA OUT
  • #374,278
  • Apr 30, 2014 7:08am Apr 30, 2014 7:08am
Quoting nAVIN2007
{quote} between the low to high of the swing price is sitting on 61.8 fib..and for sure it acting as support.. (confluence with the previous bullish pin, retest breakout point) all we need is good news..monthly print should be a bullish pin setting it all up {image}
Yep its do or die for the USD sitting on so much support right now, hopefully we get a postive print in the numbers, as long as we dont miss by a massive amount USd should pick up the pace
  • #374,279
  • Apr 30, 2014 7:11am Apr 30, 2014 7:11am
Quoting HDA
{quote} @nAVIN2007: I like when you say you are SURE, it keeps me on my toes to take a keen notice. Lets see what happens Positive USD data = Sure GBP/USD tank HDA OUT

yes is a bad word to use in this context but in term of my analysis..gbp is actually acting weak today..USD strength is ranging above support which suggest to me market is looking for a reason to invest in the dollar
  • #374,280
  • Apr 30, 2014 7:15am Apr 30, 2014 7:15am
Quoting nAVIN2007
{quote} yes is a bad word to use in this context but in term of my analysis..gbp is actually acting weak today..USD strength is ranging above support which suggest to me market is looking for a reason to invest in the dollar
@nAVIN2007:

Understood

Lets see what happens.

My experience in trading has taught me that if fundamentals and technicals are not making sense, ignore everything and go with price action

HDA OUT
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