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Cable Update (GBPUSD)

  • #389,821
  • Jul 30, 2014 4:10am Jul 30, 2014 4:10am
Quoting albchr
{quote} Was there ever any doubt?
Morning Al i see by our posts we have the same sence of humour ..lol were only pulling your leg HDA
  • #389,822
  • Jul 30, 2014 4:10am Jul 30, 2014 4:10am
Quoting elbert3
{quote} Hi HDA, JUST A QUICK QUESTION,,,ARE YOU SHORT,,LOL REGARDS BILLY
@elbert3:



HDA OUT
  • #389,823
  • Jul 30, 2014 4:11am Jul 30, 2014 4:11am
Quoting albchr
{quote} Was there ever any doubt?
@albchr:





HDA OUT
  • #389,824
  • Jul 30, 2014 4:15am Jul 30, 2014 4:15am
Quoting elbert3
{quote} Morning Al i see by our posts we have the same sence of humour ..lol were only pulling your leg HDA
Morning Billy. It would seem so...eh? But you got a ... ... and I got a ... ... So I guess making a little fun is all about how it's perceived? ..
Ghost Rider - WWTBMD?
  • #389,825
  • Jul 30, 2014 4:22am Jul 30, 2014 4:22am
Quoting albchr
{quote} Morning Billy. It would seem so...eh? But you got a ... ... and I got a ... ... So I guess making a little fun is all about how it's perceived? ..
too true text can be faceless ,,gl
  • #389,826
  • Jul 30, 2014 4:23am Jul 30, 2014 4:23am
usd currently stands over 1.7350 ,somthing is making $ bullish ,may or not be fomc at all ,res to left ,
but story is break tl ,up, pullback to tl ,
really think it would be difficult to turn this week ,but more possible than on open ,
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,827
  • Jul 30, 2014 4:34am Jul 30, 2014 4:34am
cable d1 has broke ,see what next h4 brings
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,828
  • Jul 30, 2014 4:42am Jul 30, 2014 4:42am
No wonder most humor .... stinks?
Ghost Rider - WWTBMD?
  • #389,829
  • Jul 30, 2014 4:45am Jul 30, 2014 4:45am
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  • #389,830
  • Jul 30, 2014 4:47am Jul 30, 2014 4:47am
usdx has been range bound for some time,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,831
  • Jul 30, 2014 4:56am Jul 30, 2014 4:56am
Quoting Bones
cable d1 has broke ,see what next h4 brings {image}
Liteforex is Russian broker company and of course there will be bullish trend.
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." — Warren
  • #389,832
  • Jul 30, 2014 5:04am Jul 30, 2014 5:04am
Few are mentioning that on Weekly its OverBought.
Its not.
But a healthy correction

Attached Image (click to enlarge)
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SpotPip - we SPOT, you PIP
  • #389,833
  • Jul 30, 2014 5:12am Jul 30, 2014 5:12am
not sure what you mean ,lfx ? is a direct reflection of majors/cross s you can check it any time by dividing or multiply one lfx with another


Quoting mr-roma
{quote} Liteforex is Russian broker company and of course there will be bullish trend.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,834
  • Jul 30, 2014 5:12am Jul 30, 2014 5:12am
is 1.70xx of the table for some time or will there be a good chance to enter a short soon? any opinions?
  • #389,835
  • Jul 30, 2014 5:17am Jul 30, 2014 5:17am
Quoting GlobalMacro
{quote} {quote} Long position still active. Today's low 1.6934. Reduced risk by 19 pips to 1.6929 earlier today. Here's how this deal is currently structured : long @ 1.6980 t/p : open s/l : 1.6929 sell stop order 2x : 1.6929
Sell stop order not triggered yet. Today's low 1.6929. Still in longs.

Will pull the new orders just before figures are released if not filled by then.
Hear the music before the song is over ...
  • #389,836
  • Jul 30, 2014 5:52am Jul 30, 2014 5:52am
Quoting GlobalMacro
{quote} Sell stop order not triggered yet. Today's low 1.6929. Still in longs. Will pull the new orders just before figures are released if not filled by then.
these days cable was relatively predictable...if this is to continue it will touch 16920 before any uptrend...if US decided to ride the bull ...it would be a major downtrend...however, UK is an economy that does not export anything, having sold to foreigners all its manufacturing sector. A high exchange rate does not harm anybody and suggests prosperity.
  • #389,837
  • Jul 30, 2014 6:03am Jul 30, 2014 6:03am
Quoting Greener
{quote} these days cable was relatively predictable...if this is to continue it will touch 16920 before any uptrend...if US decided to ride the bull ...it would be a major downtrend...however, UK is an economy that does not export anything, having sold to foreigners all its manufacturing sector. A high exchange rate does not harm anybody and suggests prosperity.
Completely agree. Those in this forum looking at euro then extrapolating what they see to cable are not able to grasp this simple concept.
Hear the music before the song is over ...
  • #389,838
  • Jul 30, 2014 6:11am Jul 30, 2014 6:11am
well we can only go by the fact in the main eur and gbp are joined generally over time, thats the fact not theory
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #389,839
  • Jul 30, 2014 6:14am Jul 30, 2014 6:14am
Quoting GlobalMacro
{quote} Completely agree. Those in this forum looking at euro then extrapolating what they see to cable are not able to grasp this simple concept.
There's one more thing that should be taken into consideration with what Greener said.. as Great Britain GDP is almost 80% services based and as You've said they don't export much stuff. Great Britain may gain alot on the new Europen Union Sanctions as they are the economy which should not be harmed by economic sanctions.. Also Pund should be considered as "Safe Heaven" versus Euro
  • #389,840
  • Jul 30, 2014 6:15am Jul 30, 2014 6:15am
Quoting Bones
well we can only go by the fact in the main eur and gbp are joined generally over time, thats the fact not theory
agree thats why i changed from long to short.
I personally saw EURO weak and could not justify why gbp would be strong when they are huge trading partners
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