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Cable Update (GBPUSD)

  • #422,041
  • Jan 8, 2016 2:48am Jan 8, 2016 2:48am
why tl like this ? also your data faulty I highlight in oval


Quoting amy4x
" My view on GBPUSD - Price is already in a great support area across all higher time frame, but the downtrend is still intact. Price will break through 1.45540 and can go upto 1.42235 , and can have a retrace upto 1.50755. Let know your views." {image} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #422,042
  • Jan 8, 2016 2:52am Jan 8, 2016 2:52am
shows potential right where you want it ,still id have to see bad nfp ,very sensitive zone
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #422,043
  • Jan 8, 2016 2:59am Jan 8, 2016 2:59am
gbp aud currently in up channel ,based on monthly could well reverse for next week,pivotal space
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AUD w1 (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #422,044
  • Jan 8, 2016 3:30am Jan 8, 2016 3:30am
box has to survive for any hope
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #422,045
  • Jan 8, 2016 3:31am Jan 8, 2016 3:31am
GBP seems to be pluning on Brexit and USD strength but 1,4550 is the low from last year around March, do you think GBP is really sure that Brexit will happen.. It looks a bit stretched?
Attached Image (click to enlarge)
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  • #422,046
  • Jan 8, 2016 3:44am Jan 8, 2016 3:44am
Quoting Bones
box has to survive for any hope {image}
seems like perfect setup, do you take it mate?
  • #422,047
  • Jan 8, 2016 3:51am Jan 8, 2016 3:51am
Quoting skyhok
A new low formed as this pair went below April 2015 low. Therefore an expanded flat correction (4) is forming. If reversing from here, expect an impulse wave (c) retraces ending diagonal c completely in short time. {image}
So you think that cable will reach 1.58xx by Spring?!
  • #422,048
  • Jan 8, 2016 3:56am Jan 8, 2016 3:56am
Quoting Jonstaples
{quote} Hi Luzbay, I also use the daily and some times the weekly chart to see if the cost is clear. If you need an analysis let me know the instrument and time-frame that you want. Cheers.
That's very kind of you, thanks!

I'll certainly keep that in mind and take you up on it.
  • #422,049
  • Jan 8, 2016 4:11am Jan 8, 2016 4:11am
no I wouldn't trade against weekly ,daily like that ,

Quoting KucinkGaronk
{quote} seems like perfect setup, do you take it mate?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #422,050
  • Jan 8, 2016 4:27am Jan 8, 2016 4:27am
I'm still hugely bearish here, until the UK give me something to be positive about! Particularly with the referendum issue hanging around like a bad smell. This is absolutely a case of sell the rallies, until something fundamental changes.
  • #422,051
  • Jan 8, 2016 4:40am Jan 8, 2016 4:40am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1.gif Size: 177 KB
  • #422,052
  • Jan 8, 2016 4:41am Jan 8, 2016 4:41am
Quoting Bones
no I wouldn't trade against weekly ,daily like that , {quote}
Good reason, ...too risky...
But in this life We need a bit Adrenalin right?...

okey I will take it, just small lot....
Lets Gamble.....
  • #422,053
  • Jan 8, 2016 4:51am Jan 8, 2016 4:51am
You buy ...you lose
clasgolf
  • #422,054
  • Jan 8, 2016 4:58am Jan 8, 2016 4:58am
61% fib off yesterdays 4 hour doji move 4575 will it rebound . or go to 76% as it has been doing ???
  • #422,055
  • Jan 8, 2016 5:04am Jan 8, 2016 5:04am
http://www.fxstreet.com/rates-charts...usd&saxobank=1
8 hour ???
  • #422,056
  • Jan 8, 2016 5:13am Jan 8, 2016 5:13am
Quoting andoseg2
Looking for a sell with burst from London open : {image}
Update : trade triggered, cover and lock profit, exit for scalpers or move @ Breakeven for greedy traders, Mabe the news in 15 minutes will ignite this sell and will fall very deep :

Attached Image (click to enlarge)
Click to Enlarge Name: muie.png Size: 32 KB
Money moves the market, not an indicator.
  • #422,057
  • Jan 8, 2016 5:27am Jan 8, 2016 5:27am
Quoting clasgolf
You buy ...you lose
We will know soon
  • #422,058
  • Jan 8, 2016 5:45am Jan 8, 2016 5:45am
Today has been a good day. 57 pips so far and I've closed my trades for now. Still looking to sell on short rallies (edit).
  • #422,059
  • Jan 8, 2016 6:51am Jan 8, 2016 6:51am
Quoting Luzbay
{quote} So you think that cable will reach 1.58xx by Spring?!
Here's an alternate wave count of GBPUSD:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 8Jan16b.png Size: 61 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #422,060
  • Jan 8, 2016 7:01am Jan 8, 2016 7:01am
I, personally, cannot see GBPUSD reaching 1.58/1.60 this year, let alone by Spring. Each to their own, however!

Good luck.
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