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Cable Update (GBPUSD)

  • #410,481
  • Feb 26, 2015 9:57am Feb 26, 2015 9:57am
Quoting Mr. Scott
{quote} Sorry not what I was looking for. Look EU, weekly. Need more info or refer to caveman chart. {image}
can you get one to match 5596 ? i think 5438 , will match but might get a spike
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  • #410,482
  • Feb 26, 2015 9:59am Feb 26, 2015 9:59am
you don't have to honestly it will close like that or better

Quoting sgkrishn
{quote} lets see after the settlement bro
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #410,483
  • Feb 26, 2015 10:03am Feb 26, 2015 10:03am
I can clearly see it will close bearish,its a case of releasing that , and how much ,btw you wont know on 15 min
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #410,484
  • Feb 26, 2015 10:04am Feb 26, 2015 10:04am
Finally an hourly & 4hr close below the TL. Now could see some progress. Stupid E/G still holding us back from further fall.
  • #410,485
  • Feb 26, 2015 10:15am Feb 26, 2015 10:15am
the monthly is bullish tho ,no way that trend would take it ,500 odd pips up ,
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USDw (DFB).png Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #410,486
  • Feb 26, 2015 10:21am Feb 26, 2015 10:21am
Right thats us off to jersey , flights delayed , be on friday no charts you will be glad to here good luck ,,billy
  • #410,487
  • Feb 26, 2015 10:25am Feb 26, 2015 10:25am
support next
Attached Image (click to enlarge)
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  • #410,488
  • Feb 26, 2015 10:28am Feb 26, 2015 10:28am
Just woke up.

So it takes BAD US data to strengthen the $ off GBPUSD resistance.

Interesting ...
Come with me if you want to live....
  • #410,489
  • Feb 26, 2015 10:34am Feb 26, 2015 10:34am
Data was actually good.

CPI fell only a little despite big drop in oil price. Core CPI rose, meaning a rate rise is not out of the question.
  • #410,490
  • Feb 26, 2015 10:44am Feb 26, 2015 10:44am
What you think about this?
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  • #410,491
  • Feb 26, 2015 10:48am Feb 26, 2015 10:48am
Quoting sakisf
Data was actually good. CPI fell only a little despite big drop in oil price. Core CPI rose, meaning a rate rise is not out of the question.
Ahh ha ok thx.
Very timely too just as we were retesting the breakout of the weekly falling wedge thing.

Closed out the higher shorts for 170 pips or so.
Like to see monthly close below 5478 area to help with the rest of them.
Come with me if you want to live....
  • #410,492
  • Feb 26, 2015 10:50am Feb 26, 2015 10:50am
Quoting elbert3
{quote} can you get one to match 5596 ? i think 5438 , will match but might get a spike {image}
It is there but not important to me at the moment, have fun in Jersey. Big day tomorrow, charge that phone.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #410,493
  • Feb 26, 2015 11:13am Feb 26, 2015 11:13am
Quoting rodzigo
What you think about this? {image}
yup this is gonna be happpen.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #410,494
  • Feb 26, 2015 12:12pm Feb 26, 2015 12:12pm
Quoting sgkrishn
{quote} yup this is gonna be happpen.
Broken
  • #410,495
  • Feb 26, 2015 12:24pm Feb 26, 2015 12:24pm
Quoting Ill-b-back
{quote} Ahh ha ok thx. Very timely too just as we were retesting the breakout of the weekly falling wedge thing. Closed out the higher shorts for 170 pips or so. Like to see monthly close below 5478 area to help with the rest of them.
I think green is the new play area.
Could bounce around a bit before hopefully breaking to the downside off that weekly wall above
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 37 KB
Come with me if you want to live....
  • #410,496
  • Feb 26, 2015 1:29pm Feb 26, 2015 1:29pm
Inside bar in a downtrend.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 29 KB
Come with me if you want to live....
  • #410,497
  • Feb 26, 2015 1:52pm Feb 26, 2015 1:52pm
Same candle ahead
  • #410,498
  • Feb 26, 2015 2:03pm Feb 26, 2015 2:03pm
Quoting kk300
Same candle ahead
thanks for the compliment before sorry late replying but we had a few things to do before our flight , in jersey now on daughters pc so no charts for now, regards E
  • #410,499
  • Feb 26, 2015 2:05pm Feb 26, 2015 2:05pm
Quoting Ill-b-back
Inside bar in a downtrend. {image}
HI IB can you draw a line as you have on the bottom chart ? regards
  • #410,500
  • Feb 26, 2015 2:12pm Feb 26, 2015 2:12pm
Quoting elbert3
{quote} thanks for the compliment before sorry late replying but we had a few things to do before our flight , in jersey now on daughters pc so no charts for now, regards E
Great... I have seen your posts... You do enjoy trading... And family is family... Keep them before all your other comittments....
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