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Cable Update (GBPUSD)

  • #393,301
  • Aug 13, 2014 1:38pm Aug 13, 2014 1:38pm
Quoting TerpFan2
Alright Partner, I see the possibility of anything... This was a hard, "Denting" move, "South". I see only a potential for: __ 1.6700, a 38.2, __ 1.6706, a 50% __ 1.6711, a 61.8% However, this Wave-4 Could be "Cooked'. -It is so "Dilapidated" to the Downward-Bias, I only feel that the "DOW", has been keeping her, "Propped-Up", w/Pound/Jappy. Just what i'm seeing, Jeff
Cheers fella, tbh just hoping she keeps dropping
Que Sera
  • #393,302
  • Aug 13, 2014 1:40pm Aug 13, 2014 1:40pm
Quoting scottp
The GBP/USD is now looking to be more of a correction than a pullback. We now are I believe at the start of a sentiment shift. Carney lost the "run of himself" at his Mansion House speech a few weeks ago. A little egg on his face to say the least. This pair is now a sell on any rallies. A good entry level to sell at would be around 1.6840, if we can get there. Given the Inflation report this morning we could see pressured correction and if the EUR/USD starts to fall the GBP/USD position move lower will exacerbate. I can see a level of 1.6450 or...
Welcome to the thread, most people wont respond if you do not post a few technical charts and all that jazz....I however is not a technical stick reader..I look at data and trade accordingly... when carney made that speech back at the mansion house I rode that bull run to 1.7000 then I started to short because in theory nothing he said was fundamentally different from what was expected anyway... so now we are back to where we started before those comments at the mansion house.... and as such fundamental analysis will drive the direction of this pair.... once again welcome
Peace & Pips
  • #393,303
  • Aug 13, 2014 1:40pm Aug 13, 2014 1:40pm
"NAVIN".... !

You coming in here, to "Tip the Apple-Cart Over,
for us ?

Come On Baby,
-Push it over for me!

Jeff !
I will work to Objectively Identify my Edges
  • #393,304
  • Aug 13, 2014 1:41pm Aug 13, 2014 1:41pm
update to chart i posted b4
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  • #393,305
  • Aug 13, 2014 1:42pm Aug 13, 2014 1:42pm
Quoting TerpFan2
"NAVIN".... ! You coming in here, to "Tip the Apple-Cart Over, for us ? Come On Baby, -Push it over for me! Jeff !
jeff my brother!!!..its great to see u in here bro
whats hapenning>?
  • #393,306
  • Aug 13, 2014 1:44pm Aug 13, 2014 1:44pm
The whole market must be short now ...
Fix up, trade sharp ...
  • #393,307
  • Aug 13, 2014 1:45pm Aug 13, 2014 1:45pm
Quoting YardiFX
{quote} Welcome to the thread, most people wont respond if you do not post a few technical charts and all that jazz....I however is not a technical stick reader..I look at data and trade accordingly... when carney made that speech back at the mansion house I rode that bull run to 1.7000 then I started to short because in theory nothing he said was fundamentally different from what was expected anyway... so now we are back to where we started before those comments at the mansion house.... and as such fundamental analysis will drive the direction...
So,
"Here Goes "86"...
Let us See! Navin's 'PUSHING on the APPLE-CART'! !

On Carney "Blabbering" above,
I would say news and fundamentals, and "Blabber", -as i am doing now,
is all "Energy", for the Ride / Gas in the Tank for Entries, into 'Position,
of the Wave Set, and "Chance's" to get 'Out The Back'.

But if it's a Mavericks Wave, that's gonna hit,
-Like Seen on the "D", "W" & Monthly Chart(s), good Luck
getting OUTTA that Mother!

Come on Navin,
Push a Little Harder Baby,

Jeff Out
I will work to Objectively Identify my Edges
  • #393,308
  • Aug 13, 2014 1:48pm Aug 13, 2014 1:48pm
Quoting nAVIN2007
{quote} jeff my brother!!!..its great to see u in here bro whats hapenning>?
Hey Navin,

LooKing to Catch a Little,
but VIOLENT Wave-5, "SOUTH",
for a 'Tad...

I'll "Paddle Out",
If you Push Her Over-
I will work to Objectively Identify my Edges
  • #393,309
  • Aug 13, 2014 1:51pm Aug 13, 2014 1:51pm
Option Barrier 6650 , longs just above that figure have good r/r for a retrace
Get Rich or Die Tryin
  • #393,310
  • Aug 13, 2014 1:58pm Aug 13, 2014 1:58pm
Quoting TerpFan2
{quote} Hey Navin, LooKing to Catch a Little, but VIOLENT Wave-5, "SOUTH", for a 'Tad... I'll "Paddle Out", If you Push Her Over-
i will tip more
  • #393,311
  • Aug 13, 2014 1:59pm Aug 13, 2014 1:59pm
Thanks Hoom,

Good to know what "Lurk's" around the corner
I will work to Objectively Identify my Edges
  • #393,312
  • Aug 13, 2014 2:00pm Aug 13, 2014 2:00pm
I see her "Rocking Back & Forth Navin"
I will work to Objectively Identify my Edges
  • #393,313
  • Aug 13, 2014 2:03pm Aug 13, 2014 2:03pm
Quoting elbert3
{quote} well done boss. B
Cheers B.
Hear the music before the song is over ...
  • #393,314
  • Aug 13, 2014 2:07pm Aug 13, 2014 2:07pm
Quoting Greener
{quote} in terms of sticky fingers, this is knocking loud I think...next move should be fast
from sticky fingers
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  • #393,315
  • Aug 13, 2014 2:07pm Aug 13, 2014 2:07pm
#@*"*&^%$#@ ( ^*%&^%^#^%@)

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  • #393,316
  • Aug 13, 2014 2:07pm Aug 13, 2014 2:07pm
Quoting Hickson
The whole market must be short now ...
Not Everybody
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A good trader follows his rules, but great trader knows when to break them
  • #393,317
  • Aug 13, 2014 2:07pm Aug 13, 2014 2:07pm
GU is backed at its 1.6750 level, a key level should watch out for.
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A evening start on the 1.6750 forming would be my first confirmation bear on top of the latest speech from Carney and the last round of economy data numbers.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #393,318
  • Aug 13, 2014 2:09pm Aug 13, 2014 2:09pm
I just think this nice and sweet fall is prelude to hike...otherwise...GBPUSD would get to 2.0 in no time
  • #393,319
  • Aug 13, 2014 2:12pm Aug 13, 2014 2:12pm
Quoting Greener
I just think this nice and sweet fall is prelude to hike...otherwise...GBPUSD would get to 2.0 in no time
What is actually funny ... USD news were red and Cable fundamentals were not horrible ... but Carney did his best
Fix up, trade sharp ...
  • #393,320
  • Aug 13, 2014 2:14pm Aug 13, 2014 2:14pm
you can read the monthly ,daily ,weekly as you go to figure out proberbilities as I have been told by a great candle trader ,not text book


Quoting Bones
unfortunatly ,the gbp wont recover I hope very much this conversation isnt to quote me later {quote} {image}
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