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Cable Update (GBPUSD)

  • #396,301
  • Sep 4, 2014 6:02am Sep 4, 2014 6:02am
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before ..take you pick i am staying out bar that little bit of sh,,t in the middle bye on the bottom sell on the top
  • #396,302
  • Sep 4, 2014 6:03am Sep 4, 2014 6:03am
It was priced in + waiting for other data + markets expected rates to be kept same :nerd:
  • #396,303
  • Sep 4, 2014 6:03am Sep 4, 2014 6:03am
Quoting elbert3
{image} before ..take you pick
ADP NFP later, traders looking for good chance to crash everything and buy dollars...its long USD and short everything everything else...

these days, all USA news release are but a strong potential chance to long USD and short everything else..
  • #396,304
  • Sep 4, 2014 6:05am Sep 4, 2014 6:05am
no rate hike....
  • #396,305
  • Sep 4, 2014 6:05am Sep 4, 2014 6:05am
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100% it will break that channel..where ,,,????
  • #396,306
  • Sep 4, 2014 6:07am Sep 4, 2014 6:07am
Quoting elbert3
{image} 100% it will break that channel..where ,,,????
wait for americans to come in to break lows, USA and asia have been consistently breaking new lows..together with london overlap, strong chance to keep on hitting new lows
  • #396,307
  • Sep 4, 2014 6:09am Sep 4, 2014 6:09am
just 1 h4 chart , little extension down ok to move next probable up .Looking usdjpy for strt down ,
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #396,308
  • Sep 4, 2014 6:12am Sep 4, 2014 6:12am
2 usa news coming up, adp NFP and non-ism us manufacturing, time for gu to hit 164 and keep breaking all the way, there is no respite and totally not much retracements...

traders will keep buying usd, its the biggest economy recovering...the rest of the world could see second half slowdow except the us..

snp goes up 5-10 points daily for sure and apart from AU, everything else is falling verses usd..
  • #396,309
  • Sep 4, 2014 6:12am Sep 4, 2014 6:12am
Quoting elbert3
best way to play,is to wait and pick up the pieces the only way to stop the fall is to announce interest rate rise now or a bigger split in the vote ,,
True i made 5+ pips today and thats it cant see anything at moment worth taking on any pair
  • #396,310
  • Sep 4, 2014 6:15am Sep 4, 2014 6:15am
Might be wrong about this but i'm starting to sense major fear with longing this pair… Last time I felt like this was when i was sensing fear to sell right near the highs… It's probably time to go long… may be really close to the bottom now

PS: do not follow me or anyone else, especially me, i'm clueless, admittedly
  • #396,311
  • Sep 4, 2014 6:16am Sep 4, 2014 6:16am
Quoting fontu
just 1 h4 chart , little extension down ok to move next probable up .Looking usdjpy for strt down , fontu {image} {image}
the whole world is buying usd and selling jpy, planning for 110 to 130 levels, but u going opposite? there is some chance, usdjpy hunting for stops above 105.5 to create massive run to 106/107
  • #396,312
  • Sep 4, 2014 6:18am Sep 4, 2014 6:18am
Quoting Ck87
Might be wrong about this but i'm starting to sense major fear with longing this pair… Last time I felt like this was when i was sensing fear to sell right near the highs… It's probably time to go long… may be really close to the bottom now PS: do not follow me or anyone else, especially me, i'm clueless, admittedly
this pair has drop 700 pips from the top, but there is no ending to the fear with sep 15th scotland referendum coming up
  • #396,313
  • Sep 4, 2014 6:20am Sep 4, 2014 6:20am
Quoting Stonar901
{quote} True i made 5+ pips today and thats it cant see anything at moment worth taking on any pair
now double bottom on the 4 hour ?? but not closed yet ..is it bottom,,were all guessing because its pie in the sky ,,, ifs buts and maybe
  • #396,314
  • Sep 4, 2014 6:21am Sep 4, 2014 6:21am
Quoting johnsmith78
{quote} this pair has drop 700 pips from the top, but there is no ending to the fear with sep 15th scotland referendum coming up
Yep and can certainly fall 700 more, who knows
  • #396,315
  • Sep 4, 2014 6:21am Sep 4, 2014 6:21am
Quoting Stonar901
{quote} True i made 5+ pips today and thats it cant see anything at moment worth taking on any pair
Yes, better to be out of a trade wishing you were in, then in a trade you were wishing to be out..
  • #396,316
  • Sep 4, 2014 6:22am Sep 4, 2014 6:22am
Quoting nAVIN2007
{quote} dont worry gbp strength is just producing a formation for a drop..it hasnt started..hopefully the chart needs no explanation to u USD needs a driver to break higher..is waiting for it cable chart where is the bear? 3 months of bear of major resistance believe me if yur a bull above 1.67 yur in trouble WONT YA AGREE TONE? {image} {image} {image}
Hi NAV,

Thank you for sharing your charts. I think you are a very very good trader (Bones and Hussin one of the best chartist i've ever seen) and usually you have a good view. I know that diffrent people have diffrent view. If you have time pls look at my posted charts and what do you think about? I'm new here, but i want to learning. Sorry my bad english and primitive charts i hope you understand what I'm saying.

thx
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  • #396,317
  • Sep 4, 2014 6:25am Sep 4, 2014 6:25am
Quoting elbert3
{quote} now double bottom on the 4 hour ?? but not closed yet ..is it bottom,,were all guessing because its pie in the sky ,,, ifs buts and maybe
Nobody can guess that now we are in the middle of nowhere only greedy ones will go in now buy/sell and that leads to one thing major losses
  • #396,318
  • Sep 4, 2014 6:25am Sep 4, 2014 6:25am
Quoting fontu
just 1 h4 chart , little extension down ok to move next probable up .Looking usdjpy for strt down , fontu {image} {image}
Good morning fontu Nice to see you. We are looking at very similar things.

Sorry, no charts
Ghost Rider - WWTBMD?
  • #396,319
  • Sep 4, 2014 6:26am Sep 4, 2014 6:26am
I feel cable is sitting on a major support resistance line and should not fall any further until it has first rallied.
Winning until I'm not
  • #396,320
  • Sep 4, 2014 6:28am Sep 4, 2014 6:28am
the main thing to focus on is who's making money I think




Quoting albchr
{quote} Yes. And if something major does happen they'll dig through their archive of all encompassing guesswork and pull out the ones where they can say "as we said...."
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