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Cable Update (GBPUSD)

  • #423,181
  • Feb 3, 2016 1:21pm Feb 3, 2016 1:21pm
Quoting Bones
don't fight the momentum of the day lol {quote}
What do you think? Is this a place for reversal?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDFXFWeekly.png Size: 45 KB
  • #423,182
  • Feb 3, 2016 1:34pm Feb 3, 2016 1:34pm
1,53/1,56:nerd:
  • #423,183
  • Feb 3, 2016 1:48pm Feb 3, 2016 1:48pm
1,38/1,42 who knows?
  • #423,184
  • Feb 3, 2016 2:01pm Feb 3, 2016 2:01pm
For me, the current S/R is 1.46844. We're headed down for a few pips before a retest of that.
  • #423,185
  • Feb 3, 2016 2:13pm Feb 3, 2016 2:13pm
possibly
Attached Image (click to enlarge)
Click to Enlarge Name: gpusdpossivelaqui.png Size: 28 KB
  • #423,186
  • Feb 3, 2016 2:16pm Feb 3, 2016 2:16pm
laterally I see the problem ,but id urge anyone from drawing such tls as post below ,

http://www.forexfactory.com/showthre...72#post8729572



Quoting Darkforce
{quote} What do you think? Is this a place for reversal? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,187
  • Edited 2:41pm Feb 3, 2016 2:22pm | Edited 2:41pm
the weekly ,probability is with the bulls , since 2 x doji and confirmation ,
that this week candle would shape to be bullish in some form
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01 USD close (DFB).png Size: 36 KB
Click to Enlarge Name: 01 USD w1 (DFB).png Size: 29 KB
Click to Enlarge Name: 01 USD (DFB).png Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,188
  • Feb 3, 2016 2:40pm Feb 3, 2016 2:40pm
Quoting Bones
Hi B ,not seen thats what it is {quote}
Hi Bones you never know , he is best taking it off last thing a newcomer wants is to be binned because he does not know the rules,, regards B
  • #423,189
  • Feb 3, 2016 2:45pm Feb 3, 2016 2:45pm
could b your too kind ,something like that I start thinking the worst first


Quoting elbert3
{quote} Hi Bones you never know , he is best taking it off last thing a newcomer wants is to be binned because he does not know the rules,, regards B
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,190
  • Feb 3, 2016 2:47pm Feb 3, 2016 2:47pm
Quoting Darkforce
{quote} What do you think? Is this a place for reversal? {image}
Can not beleive it has gone so high in one day, i took trades off and had 4667 as a sell but the barstool went 50 pips down just before the fib line posted, that is one reason i dont like long term trades ,ok if your £1 per pip but not £10 and 20 a pip ,stick with the trade for now untill i re line the charts lol, hope you took the trade,
  • #423,191
  • Feb 3, 2016 2:54pm Feb 3, 2016 2:54pm
Quoting Bones
could b your too kind ,something like that I start thinking the worst first {quote}
lol thats me kind hearted .? Untill i get pissed on lol ,charts looking good ,the 50 ema on the day chart was hit as i poster, 1 price move at that size in one day could show 50% retrace off that ema on the day candle,or test the breakout 4446 ,i would like to see 10'20 ema cross on the day chart,if you look back and use the both emas you will see that it has been in the same look before , i am on my ipad with no chart to show you, we wll soon see . Regards B
  • #423,192
  • Feb 3, 2016 2:57pm Feb 3, 2016 2:57pm
cable will be going down first target 1.445
Sean Patel
  • #423,193
  • Feb 3, 2016 3:04pm Feb 3, 2016 3:04pm
Quoting Darkforce
{quote} What do you think? Is this a place for reversal? {image}
https://www.google.co.uk/webhp?sourc...+today&tbm=nws might be something on here hence the big shift
  • #423,194
  • Feb 3, 2016 3:15pm Feb 3, 2016 3:15pm
Quoting Bones
could b your too kind ,something like that I start thinking the worst first {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: d1.png Size: 74 KB
something like this, look left we can see still in down trend, but looking good, so price could confirm break of tl lower on the fiB as we see it 4500 /4523 that would be a good confirming up trend,, Or it just goes on to the 100 ema, only my opinion, regarDs B
  • #423,195
  • Feb 3, 2016 3:23pm Feb 3, 2016 3:23pm
Other reason for such a big move ,,,leak ...?
  • #423,196
  • Feb 3, 2016 3:25pm Feb 3, 2016 3:25pm
Quoting elbert3
{quote} https://www.google.co.uk/webhp?sourc...+today&tbm=nws might be something on here hence the big shift
I want to keep things simple and just assume that USD longs rush to exit before Friday's NFP.

And because the long is so crowded, it turned into a Chinese-stock-market style rout
  • #423,197
  • Feb 3, 2016 3:32pm Feb 3, 2016 3:32pm
Quoting Darkforce
{quote} I want to keep things simple and just assume that USD longs rush to exit before Friday's NFP.
Attached Image (click to enlarge)
Click to Enlarge Name: mw.png Size: 74 KB
month candle would be bull if it hit 161 and the 10 ema but is that 61% holding it ,, sorry i have to look at as much as i can,, and i have not posted toooo much as the thread was spammed today
  • #423,198
  • Feb 3, 2016 3:37pm Feb 3, 2016 3:37pm
Quoting elbert3
{quote} {image} month candle would be bull if it hit 161 and the 10 ema but is that 61% holding it ,, sorry i have to look at as much as i can,, and i have not posted toooo much as the thread was spammed today
It's only 3rd day of the month, who knows? There's even slight chance we might see [email protected] again this month, who knows?!
  • #423,199
  • Feb 3, 2016 3:42pm Feb 3, 2016 3:42pm
Quoting Bones
laterally I see the problem ,but id urge anyone from drawing such tls as post below , http://www.forexfactory.com/showthre...72#post8729572 {quote}
What's wrong in your opion? I could use some feedback
persistence and determination alone are omnipotent
  • #423,200
  • Feb 3, 2016 3:44pm Feb 3, 2016 3:44pm
Quoting Darkforce
{quote} It's only 3rd day of the month, who knows? There's even slight chance we might see [email protected] again this month, who knows?!
Lol your on the wine , well no trade for me give it a night off order still on but dont be surprised if we wake to lower 4446 ? Night night alll
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