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Cable Update (GBPUSD)

  • #399,341
  • Sep 19, 2014 1:53am Sep 19, 2014 1:53am
Look across all the GBP pairs have you ever seen a more telling example of the trueism
"buy the rumour sell the fact"
Lets go grab some PIPS
  • #399,342
  • Sep 19, 2014 1:59am Sep 19, 2014 1:59am
G'Morning , situation remain unchanged .
http://www.forexfactory.com/showthre...46#post7749446
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #399,343
  • Sep 19, 2014 3:50am Sep 19, 2014 3:50am
Buy the rumour sell the news indeed. Amazing. Question is how far will she go, just keep on trailing that SL
  • #399,344
  • Sep 19, 2014 3:51am Sep 19, 2014 3:51am
here they started to eat all stoploss good gbp keep going they planned to eat money before next spike i think it would start from 6320 is where buyers are holding target 1.7000 then it never come back to 6320 IMO
  • #399,345
  • Edited 4:07am Sep 19, 2014 3:54am | Edited 4:07am
Quoting andys0506
Buy the rumour sell the news indeed. Amazing. Question is how far will she go, just keep on trailing that SL

news created fear..possibility that gbp may tank..all the news has done is decide how low we go..i think
overall we are where we were b4 the news..so what has really changed
Buy the rumour sell the news indeed
  • #399,346
  • Sep 19, 2014 3:56am Sep 19, 2014 3:56am
Quoting DifferTrader
here they started to eat all stoploss good gbp keep going they planned to eat money before next spike i think it would start from 6320 is where buyers are holding target 1.7000 then it never come back to 6320 IMO

what if it goes to below 1.6 ?
  • #399,347
  • Sep 19, 2014 4:01am Sep 19, 2014 4:01am
Quoting cobracoder
{quote} what if it goes to below 1.6 ?
they want to create another independence rumor to change the direction its forex so gambling with bluffing lets hope it can go up because of now scotland results but if another rumor comes then it goes down
  • #399,348
  • Sep 19, 2014 4:02am Sep 19, 2014 4:02am
Quoting DifferTrader
here they started to eat all stoploss good gbp keep going they planned to eat money before next spike i think it would start from 6320 is where buyers are holding target 1.7000 then it never come back to 6320 IMO
6320 ! too early to think if , 6247 may ok otherwise just breaks 6162 to bounce next & still 7000 not decided there too. Price in bear set up , failure to previous low to new ones 6000 or 5843 ok bull there towards the top again.take care
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #399,349
  • Sep 19, 2014 4:06am Sep 19, 2014 4:06am
Quoting cspip
1.6475 and 1.6520 / 30 still to do
Might try for 1.6530 ?........1.6335 first ?
  • #399,350
  • Sep 19, 2014 4:09am Sep 19, 2014 4:09am
Quoting H4-forex
Hello everyone, a very good moring... Well that's how i see cable , if it goes up thn for me the target would be 1.65500. What you say guys ? {image}
HI GUYS,,,,,
about 3 days ago i posted my predictions ... and today we hit
any comment ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MY TARGET.JPG Size: 92 KB
Click to Enlarge Name: CHART.jpg Size: 60 KB
  • #399,351
  • Sep 19, 2014 4:16am Sep 19, 2014 4:16am
Quoting H4-forex
{quote} HI GUYS,,,,, about 3 days ago i posted my predictions ... and today we hit any comment ? {image} {image}
Wow, you're good. What's your next prediction?
  • #399,352
  • Sep 19, 2014 4:24am Sep 19, 2014 4:24am
Quoting andys0506
{quote} Wow, you're good. What's your next prediction?
yeah, nobody is interested in your past prediction, only foresight.
  • #399,353
  • Sep 19, 2014 4:31am Sep 19, 2014 4:31am
Touch 50%
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.Daily1.png Size: 36 KB
GELORE
  • #399,354
  • Sep 19, 2014 4:38am Sep 19, 2014 4:38am
what's next?
Honestly, I haven't a clue anymore
But a monthly close above 6365 area could be quite bullish
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 35 KB
Come with me if you want to live....
  • #399,355
  • Sep 19, 2014 4:41am Sep 19, 2014 4:41am
I don't get your logics, if eurusd falls, as GU and EU are kinda correlated and that no rate hike is promised before March 2015, why would it breach 1.6550 that would lead to a new uptrend..
This up move yesterday was just reaction to the referendum, now we're going back to normal, and the normal was a downtrend following E/U...
  • #399,356
  • Sep 19, 2014 4:44am Sep 19, 2014 4:44am
Quoting ThePolarFox
I don't get your logics, if eurusd falls, as GU and EU are kinda correlated and that no rate hike is promised before March 2015, why would it breach 1.6550 that would lead to a new uptrend.. This up move yesterday was just reaction to the referendum, now we're going back to normal, and the normal was a downtrend following E/U...
Problem is in Europe Inflation or lack of inflation is a problem so they are likely to keep rates low/negative for a long period of time whereas UK... looking at Uk's employment numbers recently is pretty much looking very good for UK.
And the fact that Carney has hinted that employment in UK is one of the factors he is looking at before raising interest rates in UK.... this is why there maybe a divergent in EURUSD and GBPUSD.... so do look at how the EURGBP has been trending.... it shows the discorrelation between EURUSD and GBPUSD....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #399,357
  • Sep 19, 2014 4:47am Sep 19, 2014 4:47am
Quoting Ill-b-back
what's next? Honestly, I haven't a clue anymore But a monthly close above 6365 area could be quite bullish {image}
really? u do realize your 2 moving averages are abou to crossover... in a trending market like the one we're in... crossovers are hmmmm good "Trending" signals...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #399,358
  • Sep 19, 2014 4:49am Sep 19, 2014 4:49am
Attached Image (click to enlarge)
Click to Enlarge Name: 19_09_14_gbpusd.png Size: 31 KB
  • #399,359
  • Sep 19, 2014 4:54am Sep 19, 2014 4:54am
[quote=fxtyrant;7749819]{quote} really? u do realize your 2 moving averages are abou to crossover... in a trending market like the one we're in... crossovers are hmmmm good "Trending" signals...[/quote]

yeah, you don't say....
I only see one crossover and its not on the daily.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 27 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 44 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Come with me if you want to live....
  • #399,360
  • Sep 19, 2014 4:56am Sep 19, 2014 4:56am
Quoting Ill-b-back
{quote} really? u do realize your 2 moving averages are abou to crossover... in a trending market like the one we're in... crossovers are hmmmm good "Trending" signals... yeah, you don't say.... I only see one crossover and its not on the daily. {image} {image} {image} {image}
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