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Cable Update (GBPUSD)

  • #378,681
  • May 22, 2014 2:35am May 22, 2014 2:35am
Quoting Davit
On most basic level GU going higher needs EU going higher as well. Not likely to happen when EU fundamentals and stats are pointing 1.35 and lower. 97% correlation GU with EU 1.70 GU equals 1.38+EU We already know that prospects of it is not great considering EZ low inflation. So sum it up its not about UK but its about Euro zone
Just watch EU this week and next. I don't trade the pig but if I did, I'd be buying it soon. Like real soon targeting about ohhhh...1.3850ish for the shorts I'd place. Plenty enough to stop holding back GU and allow for 7000+

EU is gonna crash as is GU. But not just yet me thinks.

Green pips to you my brother
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #378,682
  • May 22, 2014 2:39am May 22, 2014 2:39am
Gidday GBP/US

Come on EUR

should drag GBP up

Need to clear some longs

Ye haaa
  • #378,683
  • May 22, 2014 2:46am May 22, 2014 2:46am
Quoting tomspin
{quote} not yet if 1.6894 won't be sold I would look to buy around 1.6865 will watch that line a bit redish atm but still open short sell, great numbers, just great
Very nice reaction, will be watching GDP numbers added today, looking for 1.70 again and beyond
Attached Image (click to enlarge)
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swing it!
  • #378,684
  • May 22, 2014 2:48am May 22, 2014 2:48am
Quoting albchr
{quote} Just watch EU this week and next. I don't trade the pig but if I did, I'd be buying it soon. Like real soon targeting about ohhhh...1.3850ish for the shorts I'd place. Plenty enough to stop holding back GU and allow for 7000+ EU is gonna crash as is GU. But not just yet me thinks. Green pips to you my brother {image}
EU above 1.38 is undesirable for Euro! So I doubt that level. but yest 1.375 to 1.38 is possible imo!
  • #378,685
  • May 22, 2014 2:48am May 22, 2014 2:48am
So as long as 2nd estimate Uk Q1 GDP stays same as 1st or is higher, we had Uk Boe MPC minutes yesterday talking of case for higher rates growing, strong retail sales, and talk of capping growing HPI....so with yesterday's daily candle is likely today we see 6900 broken and a move higher and close above, no ?

Best wishes.
it's all gone a bit........
  • #378,686
  • May 22, 2014 2:49am May 22, 2014 2:49am
Quoting namitak007
{quote} EU above 1.38 is undesirable for Euro! So I doubt that level. but yest 1.375 to 1.38 is possible imo!
we need 1.3812 minimum if bears are here to stay
swing it!
  • #378,687
  • May 22, 2014 2:54am May 22, 2014 2:54am
Quoting namitak007
{quote} EU above 1.38 is undesirable for Euro! So I doubt that level. but yest 1.375 to 1.38 is possible imo!
Undesirable to who? And I said "ohhhh about 3850-ISH"

Quoting tomspin
{quote} we need 1.3812 minimum if bears are here to stay
Ghost Rider - WWTBMD?
  • #378,688
  • May 22, 2014 2:58am May 22, 2014 2:58am
still long from Thursday .. last that is ..
  • #378,689
  • May 22, 2014 3:00am May 22, 2014 3:00am
Quoting DerekTrotter
still long from Thursday .. last that is ..
Come on D, put up a chart. Pretty please ....
Ghost Rider - WWTBMD?
  • #378,690
  • May 22, 2014 3:01am May 22, 2014 3:01am
Hmm... is this the morning pump - to the 76.4 fib - prior to the dump come the news in half an hour?
Attached Image (click to enlarge)
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #378,691
  • May 22, 2014 3:02am May 22, 2014 3:02am
Quoting Davit
Current orders 11 short positions on GU from 6920-6840 TP around 67-6680 2 shorts on G/CHF at 5098
GU short: not looking too good
  • #378,692
  • May 22, 2014 3:02am May 22, 2014 3:02am
strong trend
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 35 KB
Come with me if you want to live....
  • #378,693
  • May 22, 2014 3:04am May 22, 2014 3:04am
Quoting theXfiles
{quote} GU short: not looking too good
He has a couple more sell limits that need to be hit. Just watch him and be amazed. I always am.
Ghost Rider - WWTBMD?
  • #378,694
  • May 22, 2014 3:07am May 22, 2014 3:07am
Quoting albchr
GU - 30M Last hour closed just a tick above the 61.8 so I suspect a possible fall off to the dashed line and then hopefully continue. Or just continue. That would be nice too {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 68 KB
Ghost Rider - WWTBMD?
  • #378,695
  • May 22, 2014 3:07am May 22, 2014 3:07am
Quoting Mr Mao
{image} target to 1.7900
  • #378,696
  • May 22, 2014 3:09am May 22, 2014 3:09am
Quoting albchr
{quote} Come on D, put up a chart. Pretty please ....
this time next year comrades..
  • #378,697
  • May 22, 2014 3:10am May 22, 2014 3:10am
GU+GJ long !

GL all.
when GOD brings you a challenge he also gives you the power to deal with it
  • #378,698
  • May 22, 2014 3:13am May 22, 2014 3:13am
Quoting albchr
{quote} He has a couple more sell limits that need to be hit. Just watch him and be amazed. I always am.
Just for you its a link as i cant seem to upload ? ..
http://www.mql5.com/en/charts/190192...ncial-services
  • #378,699
  • May 22, 2014 3:14am May 22, 2014 3:14am
Quoting Kajos2250
{quote} GU H4 GMT+3 Buy limit triggered too. Buy stop .6909 placed again. Lets see can it do Good luck! {image}
Buy stop triggered again.
Invalidation is unchanged.
It can do it

Good luck!
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Anything is math!
  • #378,700
  • May 22, 2014 3:14am May 22, 2014 3:14am
try this one ..
Attached Image (click to enlarge)
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