Cable Update (GBPUSD)
- #405,582
- Nov 28, 2014 11:05am Nov 28, 2014 11:05am
- Joined Sep 2008 | Status: Trader | 2,384 Posts
{quote} MM can make the market but up to a point.They can't change the trend (if a country is doing worse than the other,eg u/j )
- #405,583
- Nov 28, 2014 11:07am Nov 28, 2014 11:07am
- Joined Sep 2012 | Status: Trader | 1,056 Posts
{quote} MMs won't tell any one how far they go against the trend,,,,,
- #405,585
- Edited 12:07pm Nov 28, 2014 11:24am | Edited 12:07pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hi Jeff ,we are at support ,but to me market is clear for lower , theres no actual reason at all to be shooting higher at this point
Im only going to reconsider ,if next week confirms up 730 pips could be bit much but 15320 is very achievable within this 2 month ,
Over and out
Im only going to reconsider ,if next week confirms up 730 pips could be bit much but 15320 is very achievable within this 2 month ,
Over and out
{quote} Roger Bones, And Timos... I will "Go Look @Earl, (Oil) when 'get a chance here... Understood on the Wave-Set's (thing). They are sometimes hard, to "Decipher" or often a "What if" game... I still like them as 'part of the picture of what we're trading. -But i get your point on 'Supply & Demand. "Anything" can happen! Happy Thanksgiving Bones, Hope all is well, -Thx for the "Dark Cloud Cover"; I think i was looking more at the Weekly / Monthly being Oversold. But again that does depend on 'Supply / Demand / where the Market wants to drive...
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #405,586
- Nov 28, 2014 11:27am Nov 28, 2014 11:27am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Since yesterday at Europe opening GBP is plunging down with out any fundamentals or technical!!!!!
This is my "Jibberish" from what i see, in the Charts & maybe the "Why".
Now,
If Waves / Fib's Matter to you then i see it "Hit" a 61.8% Retracement a day-
or so, ago...
Along w/that Whatever Oscillator's you use were "Played" to the North,
on the 1.58 "Run-Up". -Begging for 'Run Down.
So the Q: is now (for me, not saying anyone else),
__ Is this a Wave-1 Down, -today, or simply a Wave-B Down...
__ A-LOT of Oscillator's & "Such" are beginning to be "Played" on the Bigger TF's,
To the Downside, -though yes they could stay stuck / go more...?
Again,
Just my nickel's input of what i possibly see,
Jeff
I will work to Objectively Identify my Edges
- #405,588
- Nov 28, 2014 11:32am Nov 28, 2014 11:32am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
Hi Jeff ,we are at support ,but to me market is clear for lower , theres no actual reason at all to be shooting higher at this point Im only going to reconsider ,if next week confirms up 730 pips could be bit much but 15320 is very achievable within this 2 month , Over and out
Thanks Bones for the input-o
730 Pip's "UP"...
Woo EEE Man, Are you talking "HDA-LAND"?
Yeah Baby!
I hear you,
-Possible for more Down,
If this is a Wave-1 Just now?
Now i'm seeing 8-10 Pip Spread's in this battle / urr just low volume? -Ha!
Best of All,
Jeff
I will work to Objectively Identify my Edges
- #405,589
- Nov 28, 2014 11:37am Nov 28, 2014 11:37am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #405,592
- Nov 28, 2014 12:12pm Nov 28, 2014 12:12pm
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
I see continuation of current high time frame move , {image}
Thank you for a different view on '12 hr Chart, in viewing along side mine.
That Downward-Thrust, was Impulsive, in wave-set, -(Going w/ "Trend").
After a Five Wave we @least get an A-B-C Correction, (North), in this Case,
or a Trend-Change. -After that A-B-C there would again be another Five-Wave Down,
"IF" that's all the A-B-C does.
__ "IF" the A-B-C, Turns into a 5-Wave Set "North", then it's WORTH, Staying in it.
__ For now the 'Last Leg' i see gives us "Retracement Pip's", "NORTH"...
Attached,
Another "Crude" Jpeg,
Enjoy
Jeff
I will work to Objectively Identify my Edges
- #405,594
- Edited 10:26am Nov 29, 2014 9:53am | Edited 10:26am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
A wave count on this minor correction wave iv shows a probable final leg up to come (in completing the expanding ED on wave c) before resuming downtrend.
Elliott Wave for optimum entry, exit and risk management of trades
- #405,596
- Nov 29, 2014 6:24pm Nov 29, 2014 6:24pm
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
look for a small downtrend then a major uptrend this week, good luck to all 
- #405,597
- Nov 30, 2014 8:37am Nov 30, 2014 8:37am
- Joined Sep 2013 | Status: Trader | 2,999 Posts
"W. D. Gann said that time is the most important factor among all things."
- #405,598
- Nov 30, 2014 11:50am Nov 30, 2014 11:50am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
All Sounding Good to me...
No charts here (thank goodness you say),
Have 'Great Rest of the Wk'd,
Jeff Out
No charts here (thank goodness you say),
Have 'Great Rest of the Wk'd,
Jeff Out
I will work to Objectively Identify my Edges
- #405,600
- Dec 1, 2014 12:11am Dec 1, 2014 12:11am
- Joined Feb 2012 | Status: Trader | 5,619 Posts
FX is a Bitc*h!, No one keeps me wake all night but FX does!!