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Cable Update (GBPUSD)

  • #410,781
  • Mar 4, 2015 1:57am Mar 4, 2015 1:57am
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  • #410,782
  • Mar 4, 2015 2:10am Mar 4, 2015 2:10am
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lot of resistance to get high now
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bang in the middle with most of the emas on small tc pointing short ,, but we need good news or look to the bottom tl
  • #410,783
  • Mar 4, 2015 2:47am Mar 4, 2015 2:47am
Good news from EUR (going down I mean). Expecting GU to hit 1.5290 today if good news from EUR persist. Otherwise if GB pmi is good, shorting E/G to hedge until GU resumes down.
  • #410,784
  • Mar 4, 2015 3:04am Mar 4, 2015 3:04am
Ever since it broke the ascending trend-channel, the GBPUSD declined gradually, forming descending trend-channel, signaling extended declines towards testing 1.5300 soon.
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  • #410,785
  • Edited 3:51am Mar 4, 2015 3:16am | Edited 3:51am
Let's see what pmi brings, not that hopeful it's a bad number today but as long as it doesn't far exceed 58 then it wouldn't have much effect on future gdp projection to unwind the downtrend. 200EMA on 4H was pierced too, not gonna be hard to break it now.

Should be stops all over this (blue) place now to fuel the price down.
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  • #410,786
  • Mar 4, 2015 3:49am Mar 4, 2015 3:49am
Quoting stefcio2002
It surely is confusing. The cable starts to make lower lows and lower highs on H4 . The daily is a doji and we stay at a strong weekly fib level (1,5325). What s next ? I do not know. {image}
It's easy. When gbp made last rally eur didnt follow it. Then if euro is down gbp will be down in some moment...
Try don't lose pants never...
  • #410,787
  • Mar 4, 2015 3:54am Mar 4, 2015 3:54am
How many trillion dollar they can make from SL hunting ?
  • #410,788
  • Mar 4, 2015 3:57am Mar 4, 2015 3:57am
Quoting GrowthHack
How many trillion dollar they can make from SL hunting ?

No idea. But I'm still bullish.
Take what the market gives you.
  • #410,789
  • Mar 4, 2015 4:19am Mar 4, 2015 4:19am
Quoting Tiggrrr
{quote} No idea. But I'm still bullish.
i think they are tired now
  • #410,790
  • Mar 4, 2015 4:30am Mar 4, 2015 4:30am
Re-test of 45-46 then down again. Else, stop at 57-58 or about there.
  • #410,791
  • Mar 4, 2015 4:37am Mar 4, 2015 4:37am
Ny market and USD news ADP Non-Farm Employment Change is what next events
  • #410,792
  • Mar 4, 2015 4:55am Mar 4, 2015 4:55am
Please guys has anyone tried DailyFX on Demand service.
  • #410,793
  • Mar 4, 2015 5:10am Mar 4, 2015 5:10am
Quoting ibram.forex
Please guys has anyone tried DailyFX on Demand service.
I have been checking the comments/tweets of the DailyFX commentators (which are also the ones giving the on demand reviews) in the past and they change their analysis on a daily basis according to whether the price moved against them or with them ("forgetting" the previous comments of course if they were wrong). If you are looking for a mentor try to find someone with some level of success in your environment (family, work, friends) and with face-to-face contact, so you know who to chase when your money is gone Dailyfx just so you know belongs to FXCM which got badly burned with CHF.

GU now going into the shady area of the first day of the year gap down 1.5327-1.5300.
  • #410,794
  • Mar 4, 2015 5:14am Mar 4, 2015 5:14am
Quoting ibram.forex
Please guys has anyone tried DailyFX on Demand service.
One of the best counter indicators in the market.
Ghost Rider - WWTBMD?
  • #410,795
  • Mar 4, 2015 5:19am Mar 4, 2015 5:19am
C'mon, just go down already


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Come with me if you want to live....
  • #410,796
  • Mar 4, 2015 5:20am Mar 4, 2015 5:20am
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which line will hit first,
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were will it go ,, was it a pull back and carry on long or do we retrace down
  • #410,797
  • Mar 4, 2015 5:20am Mar 4, 2015 5:20am
Quoting albchr
{quote} One of the best counter indicators in the market.
Hey Moon Rider, how's things?
Come with me if you want to live....
  • #410,798
  • Mar 4, 2015 5:28am Mar 4, 2015 5:28am
Opened short right now
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  • #410,799
  • Mar 4, 2015 5:28am Mar 4, 2015 5:28am
Quoting albchr
{quote} One of the best counter indicators in the market.
Morning Chris ,, hope all is well i am trying not to be on as much , conflict ,,lol so 12 noon thats me ,,regards B
  • #410,800
  • Mar 4, 2015 5:50am Mar 4, 2015 5:50am
Hi, Long @1.5331.....SL 1.5324.....TP 1.5390

Double bottom (ticks chart), and bearish wedge (hourly chart)
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