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Cable Update (GBPUSD)

  • #406,241
  • Jan 5, 2015 12:54pm Jan 5, 2015 12:54pm
Quoting Spudforex
{quote} cool hey just added a second buy too at 152 360
I hope all the best to you.
  • #406,242
  • Jan 5, 2015 12:57pm Jan 5, 2015 12:57pm
Quoting Dr.Zain
{quote} Hi again, Billy what happened to GBP Since Friday it lowered about 400 Pips, Is this due to MM or it is Overreacting to the Manufacturing PMI or Reacting to the Comments of Mr Dragon oh Mr Draghi that EU prepares for Deflation, please reply
HI Dr i am not shaw i was on hols over xmas and did not look at fx for 2 weeks i am just going long of the 2 month chart i posted ,hope it will work out ?? i do have a long from before i went but only a small lot plus the last one and i bagged a nice move from never the bottom on sunday night ,so lets forget the past now and see where the price will go,,,regards B
  • #406,243
  • Jan 5, 2015 12:57pm Jan 5, 2015 12:57pm
Quoting Spudforex
{quote} ok look peace just no need to get offended just added a second buy too at 152 360 good luck to you too
  • #406,244
  • Jan 5, 2015 1:02pm Jan 5, 2015 1:02pm
Quoting elbert3
{quote} HI Dr i am not shaw i was on hols over xmas and did not look at fx for 2 weeks i am just going long of the 2 month chart i posted ,hope it will work out ?? i do have a long from before i went but only a small lot plus the last one and i bagged a nice move from never the bottom on sunday night ,so lets forget the past now and see where the price will go,,,regards B
Many thanks for the detailed reply, i am on BUY from 1.5520 with not Big Lot, 0:03 Local time this morning i missed the move of 1.5163
Regards
  • #406,245
  • Jan 5, 2015 1:02pm Jan 5, 2015 1:02pm
Quoting elbert3
{quote}
cool
  • #406,246
  • Edited 1:13pm Jan 5, 2015 1:03pm | Edited 1:13pm
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Attachment
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  • #406,247
  • Jan 5, 2015 1:08pm Jan 5, 2015 1:08pm
Quoting GrowthHack
{quote} market move based on technical chart at the time of economical event release some time that may not move based positive / negative impact because market may already move based on rumor or some big play working behind the carton so look at 4h / day chart SR before you watch economical report.
I got it . thanks for answer.
  • #406,248
  • Jan 5, 2015 1:08pm Jan 5, 2015 1:08pm
Moves on FRA market was in line with GBPUSD, now two lines are almost in the same place (bottom chart) which supports the scenario of small rebound on Cable
Attached Image
  • #406,249
  • Jan 5, 2015 1:41pm Jan 5, 2015 1:41pm
any up moves are retrace/consolidation as now ,chart is bearish to next support I doubt over 15470 until then ,and currently under weekly 5321
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,250
  • Jan 5, 2015 1:46pm Jan 5, 2015 1:46pm
Quoting Bones
any up moves are retrace/consolidation as now ,chart is bearish to next support I doubt over 15470 until then ,and currently under weekly 5321 {image}
yep totally agree if u cant see this then turn ur computer screen upside down for a better look and feel for this move -
pre NFP too - coincidence perhaps . i dont think so
  • #406,251
  • Jan 5, 2015 2:18pm Jan 5, 2015 2:18pm
Cable rallied since my stop was hit lol ... either it is just a bad streak or something is seriously wrong since I mostly get spiked out until it goes ... maybe next try have position, bigger stop lol
Fix up, trade sharp ...
  • #406,252
  • Jan 5, 2015 2:32pm Jan 5, 2015 2:32pm
from monthly pov ,as long as 15580 holds we can see possible pull back from here in oversold conditions , for lower ,and trend down rather smooth in comparison to up ,
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD 1 month (DFB).png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,253
  • Jan 5, 2015 2:38pm Jan 5, 2015 2:38pm
Quoting elbert3
{quote} as above 1 hour ,,might be a new year record lol ....regards
Already done for the year? lol
Fix up, trade sharp ...
  • #406,254
  • Jan 5, 2015 2:45pm Jan 5, 2015 2:45pm
Quoting Hickson
{quote} Already done for the year? lol
lol i think you man spud is done ,,lol looking for line attraction
Attached Image (click to enlarge)
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  • #406,255
  • Jan 5, 2015 2:48pm Jan 5, 2015 2:48pm
Quoting elbert3
{quote} lol i think you man spud is done ,,lol looking for line attraction {image}
LOL ... maybe he is done cursing for today. Your system is not looking bad now. Also like the trendlines - they are not trendlines in a classical way though, only two contacts for now. But you have to start somewhere right, the earlier the better ... I am currently studying trendlines, it is amazing how they work but it is not so easy to put them on the chart correctly.
Fix up, trade sharp ...
  • #406,256
  • Jan 5, 2015 2:59pm Jan 5, 2015 2:59pm
hi any old dead cows in the room
  • #406,257
  • Jan 5, 2015 3:10pm Jan 5, 2015 3:10pm
Quoting Hickson
{quote} LOL ... maybe he is done cursing for today. Your system is not looking bad now. Also like the trendlines - they are not trendlines in a classical way though, only two contacts for now. But you have to start somewhere right, the earlier the better ... I am currently studying trendlines, it is amazing how they work but it is not so easy to put them on the chart correctly.
they are not trend lines in the correct way if you look at the top line it could be false but one does not know this, ? if i draw lines this way i look for s/r areas to see if it will fail.. it is a bit wrong what i do but what is right ???? you have seen me do it before but it is like most things 50/50 you just have to get a feel when to take any if any profits.
  • #406,258
  • Jan 5, 2015 3:18pm Jan 5, 2015 3:18pm
Quoting kill56
hi any old dead cows in the room
Yes. You and you are alive
Don't be smart. Be rich.
  • #406,259
  • Jan 5, 2015 3:33pm Jan 5, 2015 3:33pm
Quoting elbert3
{quote} they are not trend lines in the correct way if you look at the top line it could be false but one does not know this, ? if i draw lines this way i look for s/r areas to see if it will fail.. it is a bit wrong what i do but what is right ???? you have seen me do it before but it is like most things 50/50 you just have to get a feel when to take any if any profits.
Yeah, like I said: They are no trendlines in a classical way, but kind of auxiliary lines that could be validated.
Fix up, trade sharp ...
  • #406,260
  • Jan 5, 2015 3:47pm Jan 5, 2015 3:47pm
This is what I'm in with on GU.
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