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Cable Update (GBPUSD)

  • #418,861
  • Aug 28, 2015 9:04am Aug 28, 2015 9:04am
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stopped out before tl ?? watch top resistance fail then i am calling it a day 8 trades 23 pips ????? on support anywhere ??? 5320 that the day chart of mine gone from the last move up from that number
  • #418,862
  • Aug 28, 2015 9:09am Aug 28, 2015 9:09am
gbp all about monthly close ,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #418,863
  • Aug 28, 2015 9:10am Aug 28, 2015 9:10am
Quoting rambo12
{quote} hahaha if you want make money easy ..just short this bitch ..you will be rich .. 450 piPS AND COUNTING ......no charts no balh blah

abosultly no buying ..check LBB ..H4 ..its keep dropin yesterday was 1.5444 today down to 1.5268 somwhere ..and check weekly kinjun span also there
  • #418,864
  • Aug 28, 2015 9:28am Aug 28, 2015 9:28am
im looking at this puppy and defiantly don't want to be the one calling false
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #418,865
  • Aug 28, 2015 9:31am Aug 28, 2015 9:31am
Quoting elbert3
{quote} london close soon , mad friday ??took enough profit may be ,??? o hang on just stopped out on short flip long
Bias is south right end of the month, end of the week who in their right mind would even think of buying expect us in here lol anyways its friday 154 gonna hold this position - brokers hey E - what a racket lol anyone for tennis ..

Alpari still have not paid out so i believe since the crash on dollar swiss a few months back. Might be wrong on that but dont think so.
  • #418,866
  • Aug 28, 2015 9:53am Aug 28, 2015 9:53am
slight edit line ,not trustworthy at all after 200 pip in one day



Quoting Bones
if you take the daily d1 minus 227 off pivot , so dark cloud with upper wick ,+ confirmation , longs are far too risky , on a weekly tf price would go lower ,and immediate rising tl not trustworthy without confirm ,I highlight a candle before after large bear ,small range but still negative ,before reverse {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #418,867
  • Aug 28, 2015 12:07pm Aug 28, 2015 12:07pm
Quoting Bones
slight edit line ,not trustworthy at all after 200 pip in one day {quote} {image}

Same chart zoomed out....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #418,868
  • Aug 28, 2015 12:20pm Aug 28, 2015 12:20pm
Quoting Makavell
{quote} We could see 1.5282 before bulls come in full force
out of cable short
  • #418,869
  • Aug 28, 2015 1:38pm Aug 28, 2015 1:38pm
Quoting Mr. Scott
{quote} Same chart zoomed out.... {image}
Attachment this is what i want to see , fail then i do think 5170 as posted ,, if you look at this 4 hour ,realy do need to take not doji to doji on some of the levels,, well we learn daily ,have a good weekend, had a great trade beginning of the week and should of stayed in,, lol
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  • #418,870
  • Aug 28, 2015 2:04pm Aug 28, 2015 2:04pm
(IMO) bulls would come Monday
my chart GBPUSD H1
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And falling's just another way to fly...
  • #418,871
  • Aug 28, 2015 5:19pm Aug 28, 2015 5:19pm
Is it a hope or dream?

can grab a bite. support seat?
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If skills could be acquired by watching, every dog would be a butcher. Turk
  • #418,872
  • Aug 28, 2015 6:01pm Aug 28, 2015 6:01pm
Cable Has Dropped Over 450 Pips in 4 Days, The Market appears to have rejected the Price Below the 200 Day MA. Fundamentally GBP Is one of the Strongest currencies.

This From Borris Schlossberg

"UK GDP on the docket and the second revision came in line at 0.7% with the underlying data showing very good strength. Preliminary Business investment rose a whopping 2.9% versus 1.6% while exports shot up 3.9% versus 2.0% eyed. Overall the numbers suggest that UK economy continues to be one of the best performers in the G-10 universe and that BOE policy path will likely turn to tightening early next year should the momentum continue".

Some of the Weakness could be attributed to end of month money flow's especially EUR/GBP

Good luck with your trading.

Craig.
Phenomenal Return This Year: na
  • #418,873
  • Aug 28, 2015 6:55pm Aug 28, 2015 6:55pm
Dont forget
Sat :
BOE Gov Carney Speaks
USDFOMC Member Fischer Speaks
  • #418,874
  • Aug 29, 2015 1:48am Aug 29, 2015 1:48am
Quoting elbert3
{quote} 1742802 this is what i want to see , fail then i do think 5170 as posted ,, if you look at this 4 hour ,realy do need to take not doji to doji on some of the levels,, well we learn daily ,have a good weekend, had a great trade beginning of the week and should of stayed in,, lol {image}
well i never not the 4 hour but the day doji will it be this
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or this
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  • #418,875
  • Aug 29, 2015 2:25am Aug 29, 2015 2:25am
1 min closed below 5400 has it hit support and we go up, ??
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did not touch the tl and trend is short watch for cross over to possibly go long??
  • #418,876
  • Aug 29, 2015 3:38am Aug 29, 2015 3:38am
Quoting HareshBM
GBPUSD clearly seems to be aiming towards 1.5760-70 area intermediate resistance, before darting towards its next major resistance near 1.5880-1.5900 mark.
hi Haresh,

i remember u from the EURCHF thread way back in Sept 2014 when there were only 2 traders that had bearish views on that pair and they were, you and i. your view was posted with a chart on page 617 of that thread and my involvement started on the next page, page 618.

hmmmm...i still remember how outraged they were when i asked them about.."what floor ?" and they informed me in different ways how stupid i am to trade against the the Swiss Central Bankster's support of that floor. mainly i guess, they were displeased with the fact that i had a complete opposite view.

but on a positive note, i do see one of those traders are very successful in their live trade explorer and i wish him greater success...when he reads this post he will know who he is. keep it up, u doing very well.
  • #418,877
  • Aug 29, 2015 3:48am Aug 29, 2015 3:48am
Quoting Bones
slight edit line ,not trustworthy at all after 200 pip in one day {quote} {image}
hi Bones,

just want to i say that i like your charts.
  • #418,878
  • Aug 29, 2015 8:24am Aug 29, 2015 8:24am
thanks thats kind I like your forum name

Quoting sunshine
{quote} hi Bones, just want to i say that i like your charts.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #418,879
  • Aug 29, 2015 10:16am Aug 29, 2015 10:16am
Thanks elbert3, good analysis.
  • #418,880
  • Aug 29, 2015 1:59pm Aug 29, 2015 1:59pm
Quoting Bones
slight edit line ,not trustworthy at all after 200 pip in one day {quote} {image}
Hello , can you tell me what/where your support & resistance lines can be found, I'm presuming they are an automatic indicator ? , I am trying to learn Price Action and think these may help me , thanking you in advance..
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