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Cable Update (GBPUSD)

  • #380,121
  • Jun 3, 2014 1:11pm Jun 3, 2014 1:11pm
Quoting albchr
{quote} BANG! ... . {image}
yes thank you its been a long 2 days my eyes have gone, i read my post back and thought ...that's not right i would of have a few quid now ..lol o dear,, at 55 you can buy a retirement flat here and get looked after ???
  • #380,122
  • Jun 3, 2014 1:13pm Jun 3, 2014 1:13pm
Quoting albchr
{quote} BANG! ... {image}
i bet you went looking for that?? i will post my secret poster ..you know what it is ??
  • #380,123
  • Jun 3, 2014 1:15pm Jun 3, 2014 1:15pm
Quoting albchr
{quote} BANG! ... {image}
you fu.....er lol,, great i asked for that
  • #380,124
  • Jun 3, 2014 1:24pm Jun 3, 2014 1:24pm
Quoting elbert3
{quote} i bet you went looking for that?? i will post my secret poster ..you know what it is ??
Only for a few seconds... ... lol ... behave on the secret now...LOL

Well you know the view I posted last week right Billy? I still don't completely discount the possibility but I have to say, after the past couple daily bars, I'm not betting on it or buying here. Of course my plan was never to buy but just sell the retrace (if any). I guess it will boil down to the news?? Times like this I wish I were a fundie type guy but unfortunately.... I'm not.

But what I hear in general is.... if no change, could make this retrace play out (I'd love that). If a big change, could drop like a rock from here.

The up to date Daily I posted last week.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmdaily.PNG Size: 64 KB
Ghost Rider - WWTBMD?
  • #380,125
  • Jun 3, 2014 1:27pm Jun 3, 2014 1:27pm
where is everybody, i dont know you people http://www.easyfreesmileys.com/smileys/lol-046.gif
  • #380,126
  • Jun 3, 2014 1:55pm Jun 3, 2014 1:55pm
Quoting PoundTrader
where is everybody, i dont know you people {image}
Maybe time to "meet" new people?
  • #380,127
  • Jun 3, 2014 2:12pm Jun 3, 2014 2:12pm
Quoting albchr
{quote} Only for a few seconds... ... lol ... behave on the secret now...LOL Well you know the view I posted last week right Billy? I still don't completely discount the possibility but I have to say, after the past couple daily bars, I'm not betting on it or buying here. Of course my plan was never to buy but just sell the retrace (if any). I guess it will boil down to the news?? Times like this I wish I were a fundie type guy but unfortunately.... I'm not. But what I hear in general is.... if no change, could make this retrace play...
62 would be bril i would have a great number of pips .and yes it looks like the news is going to be the factor in this battle and over throw the tecs, i hope not .. well my dear chap the wine has gone and so shall i. good night thanks for the fun as always regards B, ps sell the hell out of it. pps and even more ..lol E out
  • #380,128
  • Jun 3, 2014 2:15pm Jun 3, 2014 2:15pm
Quoting elbert3
{quote} 62 would be bril i would have a great number of pips .and yes it looks like the news is going to be the factor in this battle and over throw the tecs, i hope not .. well my dear chap the wine has gone and so shall i. good night thanks for the fun as always regards B, ps sell the hell out of it. pps and even more ..lol E out
Have a great night brother and.... Nope! I ain't a touching no buttons! ... On GU anyway.
Ghost Rider - WWTBMD?
  • #380,129
  • Jun 3, 2014 2:17pm Jun 3, 2014 2:17pm
Quoting albchr
{quote} Have a great night brother and.... Nope! I ain't a touching no buttons! ... On GU anyway.
  • #380,130
  • Jun 3, 2014 2:21pm Jun 3, 2014 2:21pm
Quoting elbert3
{quote} softly softly catchy monkey ??? lol
Nice saying Billy! I know another one attributed to Jean Jacques Rousseau:

Quoting Jean Jacques Rousseau
Patience is bitter, but its fruit is sweet
  • #380,131
  • Jun 3, 2014 2:23pm Jun 3, 2014 2:23pm
Quoting Carlicus
{quote} Nice saying Billy! I know another one attributed to Jean Jacques Rousseau: {quote}
let hope its right. night , E
  • #380,132
  • Jun 3, 2014 4:26pm Jun 3, 2014 4:26pm
Got short usd/can at 1.0914 ... tp 1.075ish area for now.... will let it hung there for now. Will see whats happen
  • #380,133
  • Jun 3, 2014 6:29pm Jun 3, 2014 6:29pm
Good night, I think there is threatening support at 1.6705/25. I am thinking to add low risk longs toward 1.6900 or so.
Time it carefully, Plan it thoroughly, Trade it confidently!
  • #380,134
  • Jun 3, 2014 7:36pm Jun 3, 2014 7:36pm
Quoting Nan-ook
{quote} Maybe time to "meet" new people?
  • #380,135
  • Jun 3, 2014 8:50pm Jun 3, 2014 8:50pm
Dollar Index 4H

Acceleration GAP -> window through resistance now strong support 80.60 area, dollar bulls firmly on the charge

Supports the bearish GU case
Attached Image
  • #380,136
  • Jun 3, 2014 9:23pm Jun 3, 2014 9:23pm
Bearish too.
  • #380,137
  • Jun 3, 2014 9:26pm Jun 3, 2014 9:26pm
Quoting Kajos2250
GU H4 GMT+3 Decided trade on bulls side again. 50% pinbar entry, first targetting MPP ~6813. Invalidation if price could close under ~6721. Good luck! {image}

This could still happen, I missed the entry but seen the 50% of the wick/pin at end after the move but had other reasons to long there but left it as didn't sit well, looked ugly, but your target is where I think the 1st move is and the 1st place people will short the retrace. Besides if that50% pin worked then we were likely to fail and possibly go lower low at 1.68.40... if we go long close to 1.67 we would have backflled the support and have a much better chance now of surpassing 1.6840 and double topping close to 1.6987/95 in my opinion

hoping today we make it too daily pivot before or at start of Pre London, around 1.6739/48 then Pre London shorts close to 1.67 then take the long side for London that's what I'm hoping for

If we go too 1.67 first then we have a fight as 1.6740 will be attempting lower low, but if we get there too 167.40 before 1.67 then we would have broken it down a little and when we hit 1.67 we can go through 1.6740.. may get a smaller retrace
  • #380,138
  • Jun 3, 2014 9:39pm Jun 3, 2014 9:39pm
Quoting JimmyC
Dollar Index 4H Acceleration GAP -> window through resistance now strong support 80.60 area, dollar bulls firmly on the charge Supports the bearish GU case {image}
Acceleration GAP = Fake move, I expect the index to re-test 80 now. Should help both eur and gbp to retrace a little.
Everyone can see the chart, but only a few can actually read it.
  • #380,139
  • Jun 3, 2014 10:01pm Jun 3, 2014 10:01pm
Quoting OnlineAddict
{quote} Acceleration GAP = Fake move, I expect the index to re-test 80 now. Should help both eur and gbp to retrace a little.

Expect Cable to get too 1.6697 but first i9t might get too 1.6743 area.. taking out the daily pivot point, that's my hope so then after we test 1.6697 we can push right through the pivot point, but in all I expect both eur and cable to retrace a little from where they are now but would expect them to go up a little before that retrace but in all expecting an up day from both or range day, not expecting either to make lower lows.. expect 1.3595/90 to catch Euro and 1.6697 to catch Cable.

but first up a little so we can grab 40 pips on the Pre London scalp and knocking some barriers away so we can make that up move easier
  • #380,140
  • Jun 3, 2014 10:11pm Jun 3, 2014 10:11pm
My chart is showing 1.6670 as a good long entry and 1.6750-1.6807 as a good short entry, lets see what the news bring us.
Everyone can see the chart, but only a few can actually read it.
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