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Cable Update (GBPUSD)

  • #394,941
  • Aug 27, 2014 12:05pm Aug 27, 2014 12:05pm
Quoting OnlineAddict
{quote} You might get a spike during tomorrow US news, they should be bad. I hope you will short it and stop longing this.
what would you think about 6650 ?? regards
  • #394,942
  • Aug 27, 2014 12:10pm Aug 27, 2014 12:10pm
Its obvious we have a Bear trend.
Weekly TL is broken and massive void space at the bottom.Question is at what point does one resign and agree that trend is changed at 500pips down? 1000pips down?
Daily PA broke all slow moving averages on guppy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.Weekly.png Size: 50 KB
Click to Enlarge Name: GBPUSD.Daily.png Size: 50 KB
In trading, you have to be defensive and aggressive at the same time
  • #394,943
  • Aug 27, 2014 12:11pm Aug 27, 2014 12:11pm
Hi HDA gbp cad has fallen 500 pips in 4 weeks ,its not going to your target or above range before lower
monthly and weekly are bearish , at what point would you say target will be too far in future ?

Quoting HDA
{quote} @giveachance: I remain long - take profit 1.9000 Happy Trading The market does not move in a straight line HDA OUT
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD d1 27 (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,944
  • Aug 27, 2014 12:14pm Aug 27, 2014 12:14pm
Quoting elbert3
{quote} what would you think about 6650 ?? regards
I would love to short anything between 6630-6680. Depends how high EU session can take it, before the news. I hope they will be bad, shouldn't be too hard after the last bullshit GDP number...it can only be worse.
Everyone can see the chart, but only a few can actually read it.
  • #394,945
  • Aug 27, 2014 12:19pm Aug 27, 2014 12:19pm
Quoting Bones
Hi Scott ,well still few hurdles for bears guess you can have retrace's where would you target ? {quote}
Hi Bones,

Good question. No official plan now. Generally, like three to target three based on harmonics, s/d, and pa. That is daily so
The world you desire can be won. It exists.. it is real.. it is possible..
  • #394,946
  • Aug 27, 2014 12:19pm Aug 27, 2014 12:19pm
Quoting OnlineAddict
{quote} I would love to short anything between 6630-6680. Depends how high EU session can take it, before the news. I hope they will be bad, shouldn't be too hard after the last bullshit GDP number...it can only be worse.
dont forget the Carneys Carnage hour last week, rates rates =,investments ??
  • #394,947
  • Aug 27, 2014 12:21pm Aug 27, 2014 12:21pm
Quoting Bones
Hi HDA gbp cad has fallen 500 pips in 4 weeks ,its not going to your target or above range before lower monthly and weekly are bearish , at what point would you say target will be too far in future ? {quote} {image}
@Bones:



We'll just have to wait and see, please continue to trade your plan and make your green pips.

Happy Trading



HDA OUT
  • #394,948
  • Aug 27, 2014 12:23pm Aug 27, 2014 12:23pm
right all I can say is I trust your patterns ,but either that will fail all together ,or we go to bottom of range at some point , cad is bullish on medium term
gbp is bearish ,

Quoting Mr. Scott
{quote} Hi Bones, Good question. No official plan now. Generally, like three to target three based on harmonics, s/d, and pa. That is daily so
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,949
  • Aug 27, 2014 12:25pm Aug 27, 2014 12:25pm
ok I will we all should

Quoting HDA
{quote} @Bones: We'll just have to wait and see, please continue to trade your plan and make your green pips. Happy Trading HDA OUT
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,950
  • Aug 27, 2014 12:25pm Aug 27, 2014 12:25pm
Quoting elbert3
{quote} dont forget the Carneys Carnage hour last week, rates rates =,investments ??
I'm only looking at current PA and bearish candles, I think this time even Carney won't stop the fall.
Everyone can see the chart, but only a few can actually read it.
  • #394,951
  • Aug 27, 2014 12:31pm Aug 27, 2014 12:31pm
Quoting Mr. Scott
{quote} Hi Bones, Good question. No official plan now. Generally, like three to target three based on harmonics, s/d, and pa. That is daily so
16211 looks like it tried to turn so i use that as line to draw we could say cross the line and then ahhhhhhh lol
Attached Image (click to enlarge)
Click to Enlarge Name: gbcad.png Size: 78 KB
i took a long just above 800,, 2ps worth ,,sorry to but in,,as ever Billy
  • #394,952
  • Aug 27, 2014 12:33pm Aug 27, 2014 12:33pm
eur on its way up now too
  • #394,953
  • Aug 27, 2014 12:36pm Aug 27, 2014 12:36pm
Quoting elbert3
eur on its way up now too
Yep, got a long running with a target 3240.
Everyone can see the chart, but only a few can actually read it.
  • #394,954
  • Aug 27, 2014 12:41pm Aug 27, 2014 12:41pm
Quoting giveachance
{quote} joke
Perfectly serious.
No joke.
Hear the music before the song is over ...
  • #394,955
  • Aug 27, 2014 12:43pm Aug 27, 2014 12:43pm
Quoting OnlineAddict
{quote} Yep, got a long running with a target 3240.
Attached Image (click to enlarge)
Click to Enlarge Name: eur.png Size: 61 KB
fill the gap ..gl not in the trade
  • #394,956
  • Aug 27, 2014 12:49pm Aug 27, 2014 12:49pm
consolidation break fall well over 100 pips ,
there is no bullish scenario today at all

Quoting elbert3
{quote} 16211 looks like it tried to turn so i use that as line to draw we could say cross the line and then ahhhhhhh lol {image} i took a long just above 800,, 2ps worth ,,sorry to but in,,as ever Billy
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD 27 (DFB).png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #394,957
  • Aug 27, 2014 12:51pm Aug 27, 2014 12:51pm
Quoting Bones
consolidation break fall well over 100 pips , there is no bullish scenario today at all {quote} {image}
Cad gained on USD as well
Banked 312pips on it. In my humble opinion with fall /winter coming oil prices most likely will increase pushing Cad stronger.
In trading, you have to be defensive and aggressive at the same time
  • #394,958
  • Aug 27, 2014 12:59pm Aug 27, 2014 12:59pm
CAD/JPY shooting into the sky
  • #394,959
  • Aug 27, 2014 1:00pm Aug 27, 2014 1:00pm
Quoting Bones
consolidation break fall well over 100 pips , there is no bullish scenario today at all {quote} {image}
the trade is pennys it would have to fall 10 million lol ,,just to see ,,1.7520 looks to be a bottom be for the big fall ??
  • #394,960
  • Aug 27, 2014 1:05pm Aug 27, 2014 1:05pm
Quoting elbert3
{quote} {image} fill the gap ..gl not in the trade
Thanks, I hope the bulls will have enough power to keep it at least in this range before the news. Ideally a litte higher.
Everyone can see the chart, but only a few can actually read it.
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