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Cable Update (GBPUSD)

  • #423,361
  • Feb 5, 2016 1:11am Feb 5, 2016 1:11am
The GU has been pressing down in thin air and barely finding much of an ask... Finding the sellers to get it down to there won't happen today unless there is a shockingly good jobs report. Good luck with that!
"Don't fear a bubble until it starts to burst."
  • #423,362
  • Feb 5, 2016 1:34am Feb 5, 2016 1:34am
First things first, the market is grinding it's way slowly toward 1.4525 right now... If we get under yesterdays low, we might find some sellers to get us to 1.45. Market has to work it's way along one step at a time.

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"Don't fear a bubble until it starts to burst."
  • #423,363
  • Feb 5, 2016 1:36am Feb 5, 2016 1:36am
just broke support in blink of an eye
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persistence and determination alone are omnipotent
  • #423,364
  • Feb 5, 2016 1:40am Feb 5, 2016 1:40am
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and touch down,, the lines work,
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lets see now
  • #423,365
  • Feb 5, 2016 1:48am Feb 5, 2016 1:48am
Trading Signal For newbies:
**********************
Buy @ 4500 to 4550 level and you will see some profits soon. Lower the better.
Take Profit (TP): Use a trailing stop at 30 to 40 pips away.
... I'm not crazy, just Paranoid ...
  • #423,366
  • Feb 5, 2016 1:48am Feb 5, 2016 1:48am
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next look is this
  • #423,367
  • Feb 5, 2016 1:50am Feb 5, 2016 1:50am
Quoting elbert3
{image}{image} next look is this
persistence and determination alone are omnipotent
  • #423,368
  • Feb 5, 2016 1:52am Feb 5, 2016 1:52am
Quoting Ll1979
{quote}
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some s/r and sorry for the disbelieves more lines , morning sir, and all
  • #423,369
  • Feb 5, 2016 1:55am Feb 5, 2016 1:55am
Morning B my H1 view
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persistence and determination alone are omnipotent
  • #423,370
  • Feb 5, 2016 1:59am Feb 5, 2016 1:59am
Quoting Ll1979
Morning B my H1 view {image}
yes just have to watch here possible db , and london open , might get a big move,
  • #423,371
  • Feb 5, 2016 2:01am Feb 5, 2016 2:01am
Quoting elbert3
{quote} yes just have to watch here possible db , and london open , might get a big move,
db ?
persistence and determination alone are omnipotent
  • #423,372
  • Feb 5, 2016 2:03am Feb 5, 2016 2:03am
morning all, long at 4510!
-Pippi Longstocking (yes it's me)
  • #423,373
  • Feb 5, 2016 2:16am Feb 5, 2016 2:16am
Quoting Ll1979
{quote} db ?
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if we where 100% we could make 100k in a week
  • #423,374
  • Feb 5, 2016 2:18am Feb 5, 2016 2:18am
Quoting Ll1979
{quote} db ?
my demo chart i use for some reason closed down, i have lost all all of the work i trade live in capital spreads but their platform is not as good as this one for posting ,
  • #423,375
  • Feb 5, 2016 2:21am Feb 5, 2016 2:21am
Quoting elbert3
{quote} yes just have to watch here possible db , and london open , might get a big move,
I am watching ga for clues but not getting any signs of strength. aussie is weak but gu is pathetic
  • #423,376
  • Feb 5, 2016 2:25am Feb 5, 2016 2:25am
He's been off the radar since 2016 not to worry

Indeed Doji ,then open suggest ..
Not sure if anyone knows its NFP ?? lol
I prefer wait and see strategy


Quoting elbert3
{quote} all good fun you must be a pro trader, regards
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,377
  • Feb 5, 2016 2:28am Feb 5, 2016 2:28am
Quoting Bones
He's been off the radar since 2016 not to worry Indeed Doji ,then open suggest .. Not sure if anyone knows its NFP ?? lol I prefer wait and see strategy {quote} {image}
thanks B , Regards B, SOME OF THEM CAN TALK A TALK, BUT PUTTING UP A CHART AND CALL POSITIONS ,,??? WELL,
  • #423,378
  • Feb 5, 2016 2:30am Feb 5, 2016 2:30am
Kinda funny how everyone is all excited about buying now that the GU is short term trending down on a consolidation day...

If you want to do longs, prepare to have to catch falling knives. (Crashes) Just because the market isn't finding many sellers down here on this break of the lows doesn't mean it will find buyers...

Most days before things like NFP currencies just cycle sideways.
"Don't fear a bubble until it starts to burst."
  • #423,379
  • Feb 5, 2016 2:33am Feb 5, 2016 2:33am
Quoting Bones
He's been off the radar since 2016 not to worry Indeed Doji ,then open suggest .. Not sure if anyone knows its NFP ?? lol I prefer wait and see strategy {quote} {image}
Yes tricky start this morning the short was great but now its on a lot of conflicting fbs s/r and tl all at the same point, one feels that it going to move a lot when it does , 4545 just put the breaks on, on the 1 min, lets see if the supports on the bottom , regards B
  • #423,380
  • Feb 5, 2016 2:38am Feb 5, 2016 2:38am
USDollar D1
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