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Cable Update (GBPUSD)

  • #395,921
  • Sep 2, 2014 9:28am Sep 2, 2014 9:28am
So ............

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  • #395,922
  • Sep 2, 2014 9:29am Sep 2, 2014 9:29am
Hi E you long I'm guessing ma's in bear favor ?

Quoting elbert3
{quote} so you have my money,,???
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,923
  • Sep 2, 2014 9:30am Sep 2, 2014 9:30am
Quoting Ken A
So ............ {image}
http://www.forexfactory.com/showthre...94#post7711494
  • #395,924
  • Sep 2, 2014 9:30am Sep 2, 2014 9:30am
Quoting Bones
Hi E you long I'm guessing ma's in bear favor ? {quote}
MA (mother) says something else.........PA (dad) says something else
  • #395,925
  • Sep 2, 2014 9:30am Sep 2, 2014 9:30am
AU break even.... Lunch time!
  • #395,926
  • Sep 2, 2014 9:32am Sep 2, 2014 9:32am
Quoting abhilash
My plan: Wait for lower price around 1.6475~1.6500 area and then go long or Wait for PA to develop from this current level for longs. Until then no positions. {image}
Good area for longs with minimal SL.
  • #395,927
  • Sep 2, 2014 9:33am Sep 2, 2014 9:33am
Quoting OnlineAddict
6492 is a very good long scalp.

Long based on what? Be careful buying into this freight Train! Why not wait for a pullback and take a short scalp? The odds are more in your favor.
  • #395,928
  • Sep 2, 2014 9:34am Sep 2, 2014 9:34am
Quoting pipster1
{quote} Long based on what? Be careful buying into this freight Train! Why not wait for a pullback and take a short scalp? The odds are more in your favor.
I'm not talking about a reversal...but this is easy 40-50 pips. I didn't buy, I bought EU at 3115 instead.
Everyone can see the chart, but only a few can actually read it.
  • #395,929
  • Sep 2, 2014 9:38am Sep 2, 2014 9:38am
This level is strong for GU.
Attached Image (click to enlarge)
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  • #395,930
  • Sep 2, 2014 9:38am Sep 2, 2014 9:38am
Quoting abhilash
This level is strong for GU. {image}
Yes, it won't go without a fight...might range around it for a while.
Everyone can see the chart, but only a few can actually read it.
  • #395,931
  • Sep 2, 2014 9:40am Sep 2, 2014 9:40am
Quoting Ken A
So ............ {image}
so what do you do with dollals if you are short in dollals?
  • #395,932
  • Sep 2, 2014 9:43am Sep 2, 2014 9:43am
Quoting 21vs7
{quote} so what do you do with dollals if you are short in dollals?
If you want to sell cheap I will buy .......

and if you believe in god .......
  • #395,933
  • Sep 2, 2014 9:47am Sep 2, 2014 9:47am
I would always say same thing ,
with what cable just did with the daily as is
best to wait for H4 or you could get caught up consolidation ,more than likely this candle will print first,
of course I see rn there ,
monthly did just break tho on day 2 of new month



Quoting abhilash
This level is strong for GU. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD d1 2 (DFB).png Size: 27 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,934
  • Sep 2, 2014 9:49am Sep 2, 2014 9:49am
Quoting Ken A
{quote} If you want to sell cheap I will buy ....... and if you believe in god .......
godly move

it took a while to quote differently..with draghi next, dont know.

ea,ec,ej supported
what do you reckon? a bit of retrace thereabout on eurxxx mooo
they know too much? Draghi could paint some papers out
Attached Image (click to enlarge)
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  • #395,935
  • Sep 2, 2014 9:52am Sep 2, 2014 9:52am
Quoting Bones
I would always say same thing , with what cable just did with the daily as is best to wait for H4 or you could get caught up consolidation ,more than likely this candle will print first, of course I see rn there , monthly did just break tho on day 2 of new month {quote} {image}

Most likely to reverse from this area. But best thing is to wait for the PA to show .

EU on support as well.
  • #395,936
  • Sep 2, 2014 9:53am Sep 2, 2014 9:53am
Quoting 21vs7
{quote} godly move it took a while to quote differently..with draghi next, dont know. ea,ec,ej supported what do you reckon? a bit of retrace thereabout on eurxxx mooo they know too much? Draghi could paint some papers out {image}
EJ will not do much due to EU .....

EURXXX is going down in a matter of time ......

But hey everyone is seeing different things ......

Some still see USD as a cheap funding ccy ...... Sell USD buy GBP ?
  • #395,937
  • Sep 2, 2014 9:55am Sep 2, 2014 9:55am
Quoting Bones
cable outlook ,over next few weeks,already the bullish looking w1 has failed ,by low break, only recovery today will save ,close under 540 brings more down ,even with retrace, {image}

excellent tony. you have taken out all the bulls yourself. chris any argument abt the bear phase?
  • #395,938
  • Sep 2, 2014 9:56am Sep 2, 2014 9:56am
Quoting Ken A
{quote} EJ will not do much due to EU ..... EURXXX is going down in a matter of time ...... But hey everyone is seeing different things ...... Some still see USD as a cheap funding ccy ......
2y uk did support some on gbpxxx
lets see if they gonna fold substiantially

max 6260 on cable.

yeah, draghi could be a surprise, so hands off imo
waiting for some substantial move up on eurxxx and rejection
  • #395,939
  • Sep 2, 2014 9:57am Sep 2, 2014 9:57am
we can look to gbp chf to know best trade,


Quoting abhilash
{quote} Most likely to reverse from this area. But best thing is to wait for the PA to show . EU on support as well.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chf (DFB).png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #395,940
  • Sep 2, 2014 9:58am Sep 2, 2014 9:58am
Quoting 21vs7
{quote} 2y uk did support some on gbpxxx lets see if they gonna fold substiantially max 6260 on cable. yeah, draghi could be a surprise, so hands off imo waiting for some substantial move up on eurxxx and rejection
Have a look at UK 10YR
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