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Cable Update (GBPUSD)

  • #402,781
  • Oct 14, 2014 4:56am Oct 14, 2014 4:56am
Quoting GlobalMacro
Looking for 1.5949 ...
...And 1.5949 DONE , Thank you very much.
Hear the music before the song is over ...
  • #402,782
  • Oct 14, 2014 4:57am Oct 14, 2014 4:57am
Quoting nAVIN2007
{quote} i tried to warn him...u cant mess with analysis of a big time frame and formations..they play out with huge accuracy The market can humble any1
hehe and if you read the monthly chart.. didnt panic when i was bearish GBPUSD even at 1.58 levels a year or so ago... we're headed even lower if shit hits the fan in 2015, Greece Yields are rising back above 7%.... gona be a second round of defaults in europe.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,783
  • Oct 14, 2014 5:02am Oct 14, 2014 5:02am
Quoting fxtyrant
{quote} hehe and if you read the monthly chart.. didnt panic when i was bearish GBPUSD even at 1.58 levels a year or so ago... we're headed even lower if shit hits the fan in 2015, Greece Yields are rising back above 7%.... gona be a second round of defaults in europe.

theres a lot of diverence on on 4hr this thing would need to tank very hard to neutralise it..i see a potential swing to 1.67 to produce a powerful move south long term

market needs to throw a bone to people long haha
  • #402,784
  • Oct 14, 2014 5:04am Oct 14, 2014 5:04am
Quoting fxtyrant
{quote} hehe and if you read the monthly chart.. didnt panic when i was bearish GBPUSD even at 1.58 levels a year or so ago... we're headed even lower if shit hits the fan in 2015, Greece Yields are rising back above 7%.... gona be a second round of defaults in europe.

u have seen how calm i was...i sold more than 50 positions short
  • #402,785
  • Oct 14, 2014 5:06am Oct 14, 2014 5:06am
Quoting fxtyrant
{quote} gona be close to 5820 by year end.
So we're not looking at this week then!
  • #402,786
  • Oct 14, 2014 5:16am Oct 14, 2014 5:16am
Quoting GlobalMacro
{quote} ...And 1.5949 DONE , Thank you very much.
That's what I like to see; patience and discipline.
  • #402,787
  • Oct 14, 2014 5:18am Oct 14, 2014 5:18am
Buy limit; 1.5914
  • #402,788
  • Oct 14, 2014 5:34am Oct 14, 2014 5:34am
Quoting Dr.Blue
{quote} That's what I like to see; patience and discipline.
yup , w/ this you never know , better cash out... 1.5949 now key.
Hear the music before the song is over ...
  • #402,789
  • Oct 14, 2014 5:50am Oct 14, 2014 5:50am
sold half gu 5969 +113 holding 50 pip trl
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #402,790
  • Oct 14, 2014 5:50am Oct 14, 2014 5:50am
Afternoon from miserable London town... been away for business!! GlobalM/Tyrant I see our baby going all the way down... How you guys been?
  • #402,791
  • Oct 14, 2014 6:10am Oct 14, 2014 6:10am
Quoting nAVIN2007
{quote} theres a lot of diverence on on 4hr this thing would need to tank very hard to neutralise it..i see a potential swing to 1.67 to produce a powerful move south long term market needs to throw a bone to people long haha
Lol market can easily ignore divergence setups thats in the h4 chart when the ain driver of the downmove since 1.71 highs were from much higher timeframe
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,792
  • Oct 14, 2014 6:41am Oct 14, 2014 6:41am
Knew I should have put more on it
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH11.png Size: 29 KB
Come with me if you want to live....
  • #402,793
  • Oct 14, 2014 6:42am Oct 14, 2014 6:42am
looks like this baby is coming right down to 15900-158xx range
  • #402,794
  • Oct 14, 2014 6:42am Oct 14, 2014 6:42am
Quoting Ill-b-back
New I should have put more on it {image}
i knew you should've listened to me... OH btw where is the AUDUSD??
guess what im still saying AUDUSD to reach 0.82
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #402,795
  • Oct 14, 2014 6:49am Oct 14, 2014 6:49am
Quoting fxtyrant
{quote} i knew you should've listened to me... OH btw where is the AUDUSD?? guess what im still saying AUDUSD to reach 0.82
0.7800
  • #402,796
  • Oct 14, 2014 6:51am Oct 14, 2014 6:51am
Quoting fxtyrant
{quote} i knew you should've listened to me... OH btw where is the AUDUSD?? guess what im still saying AUDUSD to reach 0.82

i may need to listen too u more haha
  • #402,797
  • Oct 14, 2014 6:53am Oct 14, 2014 6:53am
Now we can see what a lousy, unstable currency GBP is. Look at it falling like a lead weight! What's the point in having one's own sovereign currency when it is so unstable? A fall of over 1800 pips within one day and still counting. All this and yet the Scottish referendum went favourably. Just imagine what would have happened if the Scots had voted to leave. GBP would have been down to its underpants rolling on the ground. Pathetic, just pathetic!
  • #402,798
  • Oct 14, 2014 6:53am Oct 14, 2014 6:53am
Quoting poseikwame
looks like this baby is coming right down to 15900-158xx range
And lower I think.
Nice support at 61.8fib for a bounce from there
A lot of pressure under those weekly emas now curving down
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 36 KB
Come with me if you want to live....
  • #402,799
  • Oct 14, 2014 6:58am Oct 14, 2014 6:58am
Quoting Ill-b-back
{quote} And lower I think. Nice support at 61.8fib for a bounce from there A lot of pressure under those weekly emas now curving down {image}

i think if i read it right theres a head n shoulder formation on the 1h..which has broken out..it might head back and test the breakout area around 1.6030 ish area
  • #402,800
  • Oct 14, 2014 6:58am Oct 14, 2014 6:58am
Quoting Ill-b-back
{quote} And lower I think. Nice support at 61.8fib for a bounce from there A lot of pressure under those weekly emas now curving down {image}
looks interesting... SteveJ hit it spot on... The pound is just hyped on what it is actually. Fundamentally if the Wells and Citibank reports are good i'm looking at a further drop to the 158xx zone today.
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