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Cable Update (GBPUSD)

  • #408,481
  • Feb 13, 2015 12:50am Feb 13, 2015 12:50am
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failed lower to cross the line, if it goes down here that will indicate a bigger upside as it will or should cross higher ,, only my thoughts,, gl all
  • #408,482
  • Feb 13, 2015 12:52am Feb 13, 2015 12:52am
Quoting jasakreatif
{quote} thankyou i put BE , i see a trompet , imo {image}
move BE upper

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  • #408,483
  • Feb 13, 2015 1:00am Feb 13, 2015 1:00am
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you can see ,,make your minds up about this one,, eur news might have an effect here big gap for any pull back,, last one looks to be 5300
  • #408,484
  • Feb 13, 2015 1:13am Feb 13, 2015 1:13am
could have failed at 15420 forming a bearish engulfing in H1? i think that now big traders are concerned about EU and deflation. now all the news are warrying about a possible rate cut or at least no hike in UK

i don't understand this market
  • #408,485
  • Feb 13, 2015 1:21am Feb 13, 2015 1:21am
Quoting danndc
could have failed at 15420 forming a bearish engulfing in H1? i think that now big traders are concerned about EU and deflation. now all the news are warrying about a possible rate cut or at least no hike in UK i don't understand this market
oil and fuel keeps going down then that will be a problem for deflation,, i read 20 dollars is pos,, if you see any big sell off that could show where the market wants to go,, but a big move over the 50 ema now on the day chart ,, go with the flow,,
  • #408,486
  • Feb 13, 2015 1:23am Feb 13, 2015 1:23am
Quoting elbert3
{quote} oil and fuel keeps going down then that will be a problem for deflation,, i read 20 dollars is pos,,
what do you think about this? it's not me saying this

http://www.forexlive.com/!/boes-cunl...tlook-20150213

lets see what 4h candle will show. hoping for dark cloud or better bearish engulfing too optimistic?
  • #408,487
  • Feb 13, 2015 1:26am Feb 13, 2015 1:26am
Quoting danndc
could have failed at 15420 forming a bearish engulfing in H1? i think that now big traders are concerned about EU and deflation. now all the news are warrying about a possible rate cut or at least no hike in UK i don't understand this market
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some thing else for you to think about
  • #408,488
  • Feb 13, 2015 1:36am Feb 13, 2015 1:36am
Quoting elbert3
{quote} {image} some thing else for you to think about
  • #408,489
  • Feb 13, 2015 1:37am Feb 13, 2015 1:37am
Quoting elbert3
{quote} {image} some thing else for you to think about
as you can see this area has been a real good support and has never held as resistence. could this time work as it?

in addiction to deflation fears?

we will see
  • #408,490
  • Feb 13, 2015 2:26am Feb 13, 2015 2:26am
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looks good broke out 5400
  • #408,491
  • Feb 13, 2015 3:07am Feb 13, 2015 3:07am
In limbo..gu must take 1.544.
question is: when?
my view in shorter tf it will retest 1.535 first.
could be wrong.
will see.
  • #408,492
  • Feb 13, 2015 3:08am Feb 13, 2015 3:08am
Are we finally putting the 160-day of bear run behind us???
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  • #408,493
  • Feb 13, 2015 3:15am Feb 13, 2015 3:15am
Quoting Idkurv
In limbo..gu must take 1.544. question is: when? my view in shorter tf it will retest 1.535 first. could be wrong. will see.
If short tp1 1.535 tp2 1.53 tp3 1.525
But will not short now, perhaps at 1.54.
If not reach 1.54 then miss the train.

will seek to long if it falls.
  • #408,494
  • Feb 13, 2015 3:20am Feb 13, 2015 3:20am
Quoting FXSayWhat
Are we finally putting the 160-day of bear run behind us??? {image}
I believe so.
I am expecting bullish weekly candle today.
in that case we have 3 weekly bullish candle in a row.
should close above 1.534 imho.
  • #408,495
  • Feb 13, 2015 3:37am Feb 13, 2015 3:37am
I'm watching to see if we get another weekly close below 5347 to hint that ultimately the market wants to go back down, but not before an aggressive spike to 5480+ area next week.
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Come with me if you want to live....
  • #408,496
  • Feb 13, 2015 3:46am Feb 13, 2015 3:46am
do you guys see as i do, a swap daily level at 15420/30 area? already hit thi morning and formed an engulfing in H1? if the 4H candle closes below 15380 it will for an engulfing in H4 too

counting an elliot wave, this has been the 5th wave, so maybe the correction could be over

what do you think?
  • #408,497
  • Feb 13, 2015 3:55am Feb 13, 2015 3:55am
Quoting danndc
do you guys see as i do, a swap daily level at 15420/30 area? already hit thi morning and formed an engulfing in H1? if the 4H candle closes below 15380 it will for an engulfing in H4 too counting an elliot wave, this has been the 5th wave, so maybe the correction could be over what do you think?
Ever thought of a career in Politics?

You would be amazing thinking like that..
  • #408,498
  • Feb 13, 2015 4:07am Feb 13, 2015 4:07am
Quoting Spudforex
{quote} Ever thought of a career in Politics? You would be amazing thinking like that..
maybe 1 day i will
  • #408,499
  • Feb 13, 2015 4:13am Feb 13, 2015 4:13am
Quoting Idkurv
{quote} If short tp1 1.535 tp2 1.53 tp3 1.525 But will not short now, perhaps at 1.54. If not reach 1.54 then miss the train. will seek to long if it falls.
Short at 1.54, tp 1.535, sl 542.
It is not my ideal entry.
be careful.
  • #408,500
  • Feb 13, 2015 4:23am Feb 13, 2015 4:23am
this is a significant change in sentiment ,piercing line is a high prob set up right where you want it ,
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