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Cable Update (GBPUSD)

  • #416,181
  • Jun 4, 2015 6:40am Jun 4, 2015 6:40am
Quoting albchr
{quote} .... 1.54288 ... ... We'll see where she goes. {image}
U DA MAN AL - gonna ride this wave thats for sure ..
  • #416,182
  • Jun 4, 2015 6:44am Jun 4, 2015 6:44am
Quoting DoNUts
{quote} U DA MAN AL - gonna ride this wave thats for sure ..
Don't think it will be big enough to hang 10 but should get back to shore with some fish in me pocket.
Ghost Rider - WWTBMD?
  • #416,183
  • Jun 4, 2015 6:46am Jun 4, 2015 6:46am
if it bounces off of the 23.6 i might go long. i still would like to wait for the 38.2
H1 chart
Attached Image (click to enlarge)
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​
forex forex forex
  • #416,184
  • Jun 4, 2015 7:02am Jun 4, 2015 7:02am
Quoting albchr
{quote} .... 1.54288 ... ... We'll see where she goes. {image}

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH464.jpg Size: 290 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #416,185
  • Jun 4, 2015 7:02am Jun 4, 2015 7:02am
seems like one big eur/gbp buy order is going to hit the market anytime. GBP has done reasonably well in past 2 days and outperformed a lot. if the euro falls now to 1.1280 whereabouts GBP will be near 1.5360 and threatening to break 1.5323
  • #416,186
  • Jun 4, 2015 7:05am Jun 4, 2015 7:05am
Quoting swimmax
if it bounces off of the 23.6 i might go long. i still would like to wait for the 38.2 H1 chart {image}​
Let's see check reaction to your levels and see if we could draw differently?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #416,187
  • Jun 4, 2015 7:19am Jun 4, 2015 7:19am
it's an autoadjust Fib indicator on chart so it readjusts with changes to timeframe or advances (looks back at atleast 24 candles)

it broke through the 23 so now i am waiting for the 38 because of the trend on the 4 hour.

never know with nfp and jobs numbers though
forex forex forex
  • #416,188
  • Jun 4, 2015 7:40am Jun 4, 2015 7:40am
US Unemployment claims data has not big difference between forecast so no big impact effected at the news time
  • #416,189
  • Jun 4, 2015 7:54am Jun 4, 2015 7:54am
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break out to the high, tick is ist touch tl will it hold trade it down if it does
  • #416,190
  • Jun 4, 2015 7:57am Jun 4, 2015 7:57am
Attached Image (click to enlarge)
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possible s/r lines
  • #416,191
  • Jun 4, 2015 8:01am Jun 4, 2015 8:01am
Attached Image (click to enlarge)
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  • #416,192
  • Jun 4, 2015 8:05am Jun 4, 2015 8:05am
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.png Size: 38 KB
a high retest is here with possible break out to 5500 5600.
  • #416,193
  • Jun 4, 2015 8:10am Jun 4, 2015 8:10am
Good opportunity for short GBP on long term (if the price rise above resistance level, setup nulified or adjusted to market conditions only for short) :

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Money moves the market, not an indicator.
  • #416,194
  • Jun 4, 2015 8:28am Jun 4, 2015 8:28am
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coming up break out support
  • #416,195
  • Jun 4, 2015 9:28am Jun 4, 2015 9:28am
level go for a short test but no , bull should't over yet , ,limit up for down intact & should test again & again before failure if here & so watching 5445 or 5303 which one breaks first before any action here . similar also eu , even some bo in both possible .
Take care ,
fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDH4.png Size: 48 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #416,196
  • Jun 4, 2015 11:56am Jun 4, 2015 11:56am
Trying to pull h 4 candles
  • #416,197
  • Jun 4, 2015 1:28pm Jun 4, 2015 1:28pm
I am still waiting for a top 1.5470 to 1.5500 range for shorting Wonder if it will even go there
  • #416,198
  • Jun 5, 2015 1:25am Jun 5, 2015 1:25am
Quoting elbert3
{image} coming up break out support
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see the same chart above bang on the nose
  • #416,199
  • Jun 5, 2015 2:04am Jun 5, 2015 2:04am
200 ema showing support on the 4 hour gb, move trade to test 15 min breakout tl
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  • #416,200
  • Jun 5, 2015 2:36am Jun 5, 2015 2:36am
5 wave potential - if data from the US will be good
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Fishbones
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