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Cable Update (GBPUSD)

  • #412,541
  • Mar 27, 2015 8:23am Mar 27, 2015 8:23am
Quoting sakisf
{quote} I was of different thinking. E/G at these levels is hurting UK more than EZ - at least according to the latest sayings by BoE that pound is still too expensive. So GU needs to start dropping faster or if EU decides to go up (unlikely with QE going on), then GU to be more hesitant to go up and keep ranging between 1.47-1.50.
I'm personally going for Euro dropping faster than Pound.

Euro QE and negative interest rates,

Pound still a safe haven of sorts.

My EG chart tells me the same also.

But there are no certainties in this game, (all sound minds agree on this)
Come with me if you want to live....
  • #412,542
  • Mar 27, 2015 8:24am Mar 27, 2015 8:24am
Quoting Mr. Scott
{quote} EG, she's been around. {image}
Sorry Mr Scott, I can't see the candles for the crayon
Come with me if you want to live....
  • #412,543
  • Mar 27, 2015 8:25am Mar 27, 2015 8:25am
Quoting Ill-b-back
{quote} Sorry Mr Scott, I can't see the candles for the crayon
Sorry I draw crayons for the thread, red highlight areas of interest, what you need?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #412,544
  • Mar 27, 2015 8:26am Mar 27, 2015 8:26am
Quoting Ill-b-back
fookin' A {quote}
now next macro data U.S
  • #412,545
  • Mar 27, 2015 8:27am Mar 27, 2015 8:27am
Quoting Mr. Scott
{quote} Sorry I draw crayons for the thread, red highlight areas of interest, what you need?
Then you should be posting in the Euro thread lol..

They got some minds younger than even mine over there
Come with me if you want to live....
  • #412,546
  • Mar 27, 2015 8:28am Mar 27, 2015 8:28am
Quoting Ill-b-back
{quote} Then you should be posting in the Euro thread lol..
I just draw patterns for posts, so people can see logic? I don't use them, but they sure are pretty.

Although, when I am unsure of structure, I will draw for myself for better visual.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #412,547
  • Mar 27, 2015 8:29am Mar 27, 2015 8:29am
12.28am here and up in 5 hrs.

See you all
Come with me if you want to live....
  • #412,548
  • Mar 27, 2015 8:30am Mar 27, 2015 8:30am
Quoting Mr. Scott
{quote} I just draw patterns for posts, so people can see logic? I don't use them, but they sure are pretty. Although, when I am unsure of structure, I will draw for myself for better visual.



Come with me if you want to live....
  • #412,549
  • Mar 27, 2015 8:43am Mar 27, 2015 8:43am
Range... Who thinks 007 carney will go for rates before fed? looks like fed following the footsteps of boe and not going to change a thing after all.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 28 KB
  • #412,550
  • Mar 27, 2015 8:47am Mar 27, 2015 8:47am
retest last one was 10 pis again,,not giving up yet same numbers
  • #412,551
  • Mar 27, 2015 9:17am Mar 27, 2015 9:17am
4906 is hurdle for bulls to take control...
  • #412,552
  • Mar 27, 2015 9:30am Mar 27, 2015 9:30am
as long as it is holding above 1.4867 then there is a certainty of going up. it may shoot up at once because there are bears in this zone @1.4910...
  • #412,553
  • Mar 27, 2015 9:38am Mar 27, 2015 9:38am
Quoting kk300
4906 is hurdle for bulls to take control...
best buy over the high if you not already in could get chopped i just to at the high as it is loaded from 4880 ,
  • #412,554
  • Mar 27, 2015 9:43am Mar 27, 2015 9:43am
Quoting elbert3
{quote} best buy over the high if you not already in could get chopped i just to at the high as it is loaded from 4880 ,
yeah. the hour candle should close above 4906. than i ll go for buy
  • #412,555
  • Mar 27, 2015 10:38am Mar 27, 2015 10:38am
Quoting kk300
{quote} yeah. the hour candle should close above 4906. than i ll go for buy
its that time now of the day,, i realy want to load another even thou i have had some big trades today i just wanted to finish off the plan i have a buy order 4917, that numbers seems to be middle ground over this week, but i am also looking short to 4845 ??
  • #412,556
  • Mar 27, 2015 10:44am Mar 27, 2015 10:44am
Quoting kk300
{quote} yeah. the hour candle should close above 4906. than i ll go for buy
done 4845 then long tight sl that is 61% fib
  • #412,557
  • Mar 27, 2015 10:44am Mar 27, 2015 10:44am
Quoting elbert3
{quote} its that time now of the day,, i realy want to load another even thou i have had some big trades today i just wanted to finish off the plan i have a buy order 4917, that numbers seems to be middle ground over this week, but i am also looking short to 4845 ??
great move
  • #412,558
  • Mar 27, 2015 10:53am Mar 27, 2015 10:53am
Possible simetric triangle in GBP/USD. One leg up is needed to complete the pattern.
https://pbs.twimg.com/media/CBHXUuRWwAAhdMv.jpg:large
  • #412,559
  • Mar 27, 2015 11:21am Mar 27, 2015 11:21am
Quoting NewElliott
Possible simetric triangle in GBP/USD. One leg up is needed to complete the pattern. https://pbs.twimg.com/media/CBHXUuRWwAAhdMv.jpg:large
what happened there just moved to make tea,, glad i had sl on,,
  • #412,560
  • Mar 27, 2015 11:27am Mar 27, 2015 11:27am
Quoting elbert3
{quote} what happened there just moved to make tea,, glad i had sl on,,
Sorry, had to buy some to balance my portfolio, lol
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