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Cable Update (GBPUSD)

  • #397,661
  • Sep 9, 2014 4:52am Sep 9, 2014 4:52am
Looking like a typical daily 50% retrace to me. Sale stops placed below yesterdays low to add to my position.

Targeting 5900ish before a good bounce imo

We can probably count on BOJ to drag USD up as well, and EUR. But you guys already know that.
  • #397,662
  • Sep 9, 2014 4:56am Sep 9, 2014 4:56am
Gap can be filled even before referendum, we just need a poll that give the no a comfortable advance.
  • #397,663
  • Sep 9, 2014 4:57am Sep 9, 2014 4:57am
Quoting Bones
Febuary 2015 {quote}
What if cable is at 1.5 before the rate increase...
Everyone can see the chart, but only a few can actually read it.
  • #397,664
  • Sep 9, 2014 5:01am Sep 9, 2014 5:01am
Quoting Imaywin
Gap can be filled even before referendum, we just need a poll that give the no a comfortable advance.
'No' currently in meltdown mode. How can they reverse the momentum for 'Yes'? By repeating what they have been saying for the last 2 years? By changing tack and being exposed as having been lying for the last 2 years?

The Scottish people are now realising that they currently hold the power and to give it away renders them neutered forever.
The dream will never die
  • #397,665
  • Sep 9, 2014 5:06am Sep 9, 2014 5:06am
Quoting Brotyboy
{quote} 'No' currently in meltdown mode. How can they reverse the momentum for 'Yes'? By repeating what they have been saying for the last 2 years? By changing tack and being exposed as having been lying for the last 2 years? The Scottish people are now realising that they currently hold the power and to give it away renders them neutered forever.
People usually take the right decision when its time, but sure they like to brag when polled. I strongly expect a no vote outcome.
  • #397,666
  • Sep 9, 2014 5:10am Sep 9, 2014 5:10am
well they are sending tory pm tomorrow

Quoting Brotyboy
{quote} 'No' currently in meltdown mode. How can they reverse the momentum for 'Yes'? By repeating what they have been saying for the last 2 years? By changing tack and being exposed as having been lying for the last 2 years? The Scottish people are now realising that they currently hold the power and to give it away renders them neutered forever.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,667
  • Sep 9, 2014 5:35am Sep 9, 2014 5:35am
Quoting Imaywin
{quote} People usually take the right decision when its time, but sure they like to brag when polled. I strongly expect a no vote outcome.
On what basis?
The dream will never die
  • #397,668
  • Sep 9, 2014 5:39am Sep 9, 2014 5:39am
Quoting Bones
well they are sending tory pm tomorrow {quote}
And Farage on Friday, followed by the Orange Order march on Saturday. These people are lined up with the BNP, EDL and every other fascist and racist organisation in the UK. More votes for Yes.
The dream will never die
  • #397,669
  • Sep 9, 2014 5:45am Sep 9, 2014 5:45am
Selling rallies mode as I keep mentionning potential sell levels with tight SL , congrats for those who sold into this spike

Attached Image
Get Rich or Die Tryin
  • #397,670
  • Sep 9, 2014 5:46am Sep 9, 2014 5:46am
Another view down to 1.58 area I am considering.

Looking at the daily and monthly, If it manages to get back up to that 23 fib and close that gap sometime this or next week from here, it would be a great short I think
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 30 KB
Click to Enlarge Name: GBPUSDMonthly1.png Size: 38 KB
Come with me if you want to live....
  • #397,671
  • Sep 9, 2014 5:50am Sep 9, 2014 5:50am
Quoting Ill-b-back
Another view down to 1.58 area I am considering. Looking at the daily and monthly, If it manages to get back up to that 23 fib and close that gap sometime this or next week from here, it would be a great short I think {image} {image} {image} {image}

im long to close the gap and been liquidating positions from 1.7 (shorts)
  • #397,672
  • Sep 9, 2014 5:53am Sep 9, 2014 5:53am
In US session it's alway best to sit on your hands until the high or the low of the London morning session has been breached. OMO
  • #397,673
  • Sep 9, 2014 5:56am Sep 9, 2014 5:56am
Quoting Ill-b-back
Another view down to 1.58 area I am considering. Looking at the daily and monthly, If it manages to get back up to that 23 fib and close that gap sometime this or next week from here, it would be a great short I think {image} {image} {image} {image}

i dont think it will get 1.58 before 1.64
  • #397,674
  • Sep 9, 2014 5:58am Sep 9, 2014 5:58am
really why Nav ?

Quoting nAVIN2007
{quote} i dont think it will get 1.58 before 1.64
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,675
  • Sep 9, 2014 5:59am Sep 9, 2014 5:59am
Quoting nAVIN2007
{quote} im long to close the gap and been liquidating positions from 1.7 (shorts)
Well, I hope it works out, it's been a couple of weeks for me (feels like a lifetime) and I want to start pressing some buttons again

A 50 fib at 1.53xx coninciding with the major 23 fib support also could come into view
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly2.png Size: 35 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 31 KB
Click to Enlarge Name: GBPUSDMonthly1.png Size: 39 KB
Click to Enlarge Name: GBPUSDMonthly4.png Size: 36 KB
Come with me if you want to live....
  • #397,676
  • Sep 9, 2014 5:59am Sep 9, 2014 5:59am
bedtime here xx
Come with me if you want to live....
  • #397,677
  • Sep 9, 2014 6:02am Sep 9, 2014 6:02am
Quoting nAVIN2007
{quote} i dont think it will get 1.58 before 1.64
I might see what you mean, I hope it gets up there.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 33 KB
Come with me if you want to live....
  • #397,678
  • Sep 9, 2014 6:11am Sep 9, 2014 6:11am
Daily hinting it might just keep going south
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 42 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 30 KB
Come with me if you want to live....
  • #397,679
  • Sep 9, 2014 6:12am Sep 9, 2014 6:12am
thier on back foot ,panicking ,but before tories told stay at home

Quoting Brotyboy
{quote} And Farage on Friday, followed by the Orange Order march on Saturday. These people are lined up with the BNP, EDL and every other fascist and racist organisation in the UK. More votes for Yes.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,680
  • Sep 9, 2014 6:20am Sep 9, 2014 6:20am
Quoting Ill-b-back
Daily hinting it might just keep going south {image} {image}
or were going north ti fill the spike ??? shh
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