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Cable Update (GBPUSD)

  • #406,461
  • Jan 8, 2015 8:54am Jan 8, 2015 8:54am
here is £ now ,which has failed top of range ,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,462
  • Jan 8, 2015 8:54am Jan 8, 2015 8:54am
5085 to break after 10 ET. ?
Intraday only.
  • #406,463
  • Jan 8, 2015 8:58am Jan 8, 2015 8:58am
and $
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,464
  • Jan 8, 2015 8:58am Jan 8, 2015 8:58am
Quoting elbert3
{quote} you see , thats what i meant ,in my post to you,,you do know where its just when,lol keep at it i am just hoping this is a small correction , not putting any more charts up for now,, still 5111 ???? i got 83 and that took it over the res line so is it telling us that yes it can do it ,,lets see
lol ... s/o on second entry too, crazy. I wait for clear rejection of 85 now or 512x

Edit: Looks like clear break of 85 now ...
Fix up, trade sharp ...
  • #406,465
  • Jan 8, 2015 9:02am Jan 8, 2015 9:02am
Quoting navk
5085 to break after 10 ET. ?
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that is one of the few pullbacks and go higher for sometime now,,,is it too early to call the bottom,,,yes,,,but lets hope so, , we need to clear that 200 but even as i write it is trying to get below
  • #406,466
  • Jan 8, 2015 9:02am Jan 8, 2015 9:02am
Quoting navk
5085 to break after 10 ET. ?
out with a small profit at 5090
Finding it hard to break 5100
Intraday only.
  • #406,467
  • Jan 8, 2015 9:06am Jan 8, 2015 9:06am
Quoting Hickson
{quote} lol ... s/o on second entry too, crazy. I wait for clear rejection of 85 now or 512x Edit: Looks like clear break of 85 now ...
Attached Image (click to enlarge)
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need to get above that line in the middle pp is on again 6 trades 4 win 1 los 1 commission paid ,,all o a 5 min chart , not good for ones health,lol have to watch the bulls here could steal it
  • #406,468
  • Jan 8, 2015 9:06am Jan 8, 2015 9:06am
My entry in NY for GU is right, but little only.

My entry in Asia, shorting EN is very good too, but got out much early.
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Intraday only.
  • #406,469
  • Jan 8, 2015 9:09am Jan 8, 2015 9:09am
Quoting Hickson
{quote} lol ... s/o on second entry too, crazy. I wait for clear rejection of 85 now or 512x Edit: Looks like clear break of 85 now ...
that finng eur again,,
  • #406,470
  • Jan 8, 2015 9:11am Jan 8, 2015 9:11am
Quoting elbert3
{quote} that finng eur again,,
That spike was just usual ...
Fix up, trade sharp ...
  • #406,471
  • Jan 8, 2015 9:14am Jan 8, 2015 9:14am
Quoting Hickson
{quote} That spike was just usual ...
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50 % of that 4 hour candle could be good news ,, 5120 could now be in play,, still risky
  • #406,472
  • Jan 8, 2015 9:14am Jan 8, 2015 9:14am
based on lfx chart just posted ,gbp will go lower and usd higher ,
and the fx charts say monthly gbp/ usd of a rather smooth trend I assume sideways next ,then lower (lower line subjective ,upper tl established)
with the enforcis on lower
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp USD w1 (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,473
  • Jan 8, 2015 9:16am Jan 8, 2015 9:16am
Quoting elbert3
{quote} {image} 50 % of that 4 hour candle could be good news ,, 5120 could now be in play,, still risky
No longs for me here.
Fix up, trade sharp ...
  • #406,474
  • Jan 8, 2015 9:25am Jan 8, 2015 9:25am
Quoting elbert3
{quote} {image} need to get above that line in the middle pp is on again 6 trades 4 win 1 los 1 commission paid ,,all o a 5 min chart , not good for ones health,lol have to watch the bulls here could steal it
Hey buddy,

Chart for you. Doubt it makes sense but at least it's pretty.
Attached Image (click to enlarge)
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  • #406,475
  • Jan 8, 2015 9:27am Jan 8, 2015 9:27am
Quoting kill56
{quote} what u looking for bro think market will move on NFP after the feds delay on rates we might see some action up north thats if the NFP is not good otherwise 14900's in site for now we need to close above 5078 nice to see u brother
I need 1.6 at least..bad NFP lets be honest USD is famous for bad figures so i will hold my breath

surely euro is low??
  • #406,476
  • Jan 8, 2015 9:44am Jan 8, 2015 9:44am
Quoting Mr. Scott
{quote} Hey buddy, Chart for you. Doubt it makes sense but at least it's pretty. {image}
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working of this one posted before , breakout of the line and now as bones said look up, but not that easy ,
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some notes of probability ,, charts messy as ever but your the pro i have faith in you,,,lol regards and GL ,,b PS 5091 WATCH AREA ,,
  • #406,477
  • Jan 8, 2015 9:44am Jan 8, 2015 9:44am
therefore if your looking 1.6 or major reversal , the odds are severely against you ,the odds of hammer this month are very low even with this level of support we are at
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #406,478
  • Jan 8, 2015 9:53am Jan 8, 2015 9:53am
Quoting navin2007
{quote} i need 1.6 at least..bad nfp lets be honest usd is famous for bad figures so i will hold my breath Surely euro is low??
could see 1,55??? Long way off thou nav a lot to contend with, if the rate vote would of been in favour ,,then yes,,
  • #406,479
  • Jan 8, 2015 10:18am Jan 8, 2015 10:18am
Quoting elbert3
eurs going to 1,186 ??
that should've been 1816 ,,got to go for the wife
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  • #406,480
  • Jan 8, 2015 10:22am Jan 8, 2015 10:22am
gbp is bearish. monthly chart shows ease of movement compared to laboring previous uptrend
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