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Cable Update (GBPUSD)

  • #409,061
  • Feb 18, 2015 5:37am Feb 18, 2015 5:37am
1.5320 would be tested if 1.5440-50 failed
  • #409,062
  • Feb 18, 2015 5:39am Feb 18, 2015 5:39am
Daily/weekly closes seem important at this point for bears
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 28 KB
Click to Enlarge Name: GBPUSDH1.png Size: 21 KB
Come with me if you want to live....
  • #409,063
  • Feb 18, 2015 5:47am Feb 18, 2015 5:47am
mr, scott pattern , i dont know what it is butterfly or getrley

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1bt.png Size: 65 KB
  • #409,064
  • Feb 18, 2015 5:48am Feb 18, 2015 5:48am
Waiting for NY, USD News and FOMC

https://charts.mql5.com/7/43/gbpusd-...ts-limited.png
  • #409,065
  • Feb 18, 2015 5:56am Feb 18, 2015 5:56am
2 hours gone... didnt break 440 and the US session is about to begin...
  • #409,066
  • Feb 18, 2015 5:58am Feb 18, 2015 5:58am
AND ... not selling yet lol ..
  • #409,067
  • Feb 18, 2015 6:01am Feb 18, 2015 6:01am
london holding it until the big daddy ask to drop...
  • #409,068
  • Feb 18, 2015 6:06am Feb 18, 2015 6:06am
NY opening spike could be there. After which a drop ?
Intraday only.
  • #409,069
  • Feb 18, 2015 6:11am Feb 18, 2015 6:11am
Quoting navk
NY opening spike could be there. After which a drop ?
A drop only if ur not selling later on
  • #409,070
  • Feb 18, 2015 6:12am Feb 18, 2015 6:12am
Quoting navk
NY opening spike could be there. After which a drop ?
could do 5367 ,, then buy it ,
  • #409,071
  • Feb 18, 2015 6:14am Feb 18, 2015 6:14am
Quoting Spudforex
{quote} A drop only if ur not selling later on
??
Intraday only.
  • #409,072
  • Feb 18, 2015 6:23am Feb 18, 2015 6:23am
Quoting navk
{quote} ??
Lets see at the next high shall we .. then we talk lol
Or middle of the road might be more logical ish ..

Wonder what your Fibs is showing ..
  • #409,073
  • Feb 18, 2015 6:25am Feb 18, 2015 6:25am
Quoting Spudforex
{quote} Lets see at the next high shall we .. then we talk lol Or middle of the road might be more logical ish ..
5450/70 is not ruled out for the current move ( if it breaks 5440 ) Then a bearish sign ( temp. reversal ) to 5350/70.

By week end we must see 5550.
Intraday only.
  • #409,074
  • Feb 18, 2015 6:25am Feb 18, 2015 6:25am
last try i think...
  • #409,075
  • Feb 18, 2015 6:27am Feb 18, 2015 6:27am
Quoting navk
{quote} 5450/70 is not ruled out for the current move ( if it breaks 5440 ) Then a bearish sign ( temp. reversal ) to 5350/70. By week end we must see 5550.
Trader
  • #409,076
  • Feb 18, 2015 6:30am Feb 18, 2015 6:30am
Quoting Spudforex
{quote} Trader
But FOMC could spoil the thoughts.
Intraday only.
  • #409,077
  • Feb 18, 2015 6:31am Feb 18, 2015 6:31am
Just checked now and interesting the UK news this morning average earnings were up ..
not so sure that unemployment is 5.7 but good to see average earnings higher ..
  • #409,078
  • Feb 18, 2015 6:32am Feb 18, 2015 6:32am
Quoting giveachance
{quote} I am still going with 1.52 and below again. this number looks super manipulated. wage rises has taken into account bonuses. what a calculation. nice way of fooling the markets. the fact thaty we did not break higher after the rate hike news is enough to justify that pound may fall more and make a new low
right. this is what i read. how can it go higher and breaks resistence?

Average weekly earnings excluding bonuses (three-month average) declined to 1.7% in December from 1.8% in November. Although this is the first decline since June 2014
  • #409,079
  • Feb 18, 2015 6:34am Feb 18, 2015 6:34am
Quoting danndc
{quote} right. this is what i read. how can it go higher and breaks resistence? Average weekly earnings excluding bonuses (three-month average) declined to 1.7% in December from 1.8% in November. Although this is the first decline since June 2014
Yeah, manipulated.
Intraday only.
  • #409,080
  • Feb 18, 2015 6:39am Feb 18, 2015 6:39am
this things happen , I remember. when the euro was falling from 1.39-1.36-1.34 some times the macro data was really bad but the pair went up , when all people around telling that the pair will go up higher , and then we are here around 1.14 , so As long term I Trust my own charts We should see 1.4910
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