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Cable Update (GBPUSD)

  • #423,381
  • Feb 5, 2016 2:40am Feb 5, 2016 2:40am
I see enough signals for sub 4500. sold 4537
  • #423,382
  • Feb 5, 2016 2:45am Feb 5, 2016 2:45am
GL! I hope your smart and take profits if we retest the lows within the next hour... Market is "trying" to give it another go for 1.45.

Quoting giveachance
I see enough signals for sub 4500. sold 4537
"Don't fear a bubble until it starts to burst."
  • #423,383
  • Feb 5, 2016 2:51am Feb 5, 2016 2:51am
Interesting? Perhaps an as expected - on par - result today on NFP.

Dollar Swiss looks like its turning.
Dollar Yen similar.

Pound Dollar staying with the Sell.

Turning being a reference to a potential Zone area.
Attached Image (click to enlarge)
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  • #423,384
  • Feb 5, 2016 2:53am Feb 5, 2016 2:53am
Attached Image (click to enlarge)
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mmmm
  • #423,385
  • Feb 5, 2016 3:06am Feb 5, 2016 3:06am
Quoting elbert3
{image} mmmm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 57 KB
see it works
  • #423,386
  • Feb 5, 2016 3:08am Feb 5, 2016 3:08am
Could be the weekly is bullish now ,I think it would close bullish in some form
but then daily sell zone ,acting bearish
retrace next week ,then up is my best guess
I see your system ,looks bit like a bollinger on the chart ,but guess version of that ,i like Bollinger myself



Quoting meanvel
{quote} Bones, just wanted to show you my main reason for mostly being a GU bulltard since last week. My charts are pretty clean, but I use one lower formula to assist in judging the market. It measures distance from a short term mean measured by recent realized volatility. The market has been regressing up from an extremely oversold state. Plenty of energy still left... No reason to be a beartard for weeks! Momentum is great, but it's also a paradox, because at a certain point the market gets so polarized in one direction all it can do is snap...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,387
  • Feb 5, 2016 3:09am Feb 5, 2016 3:09am
Quoting elbert3
{quote} {image} if we where 100% we could make 100k in a week

i mean db is an abbreviation of?
persistence and determination alone are omnipotent
  • #423,388
  • Feb 5, 2016 3:11am Feb 5, 2016 3:11am
Looking like normal pre-NFP price action across the board... EU and GU.

Quoting meanvel
Most days before things like NFP currencies just cycle sideways.
"Don't fear a bubble until it starts to burst."
  • #423,389
  • Feb 5, 2016 3:14am Feb 5, 2016 3:14am
you can see the $ is sold off hard already monthly is engulf ,


Quoting Bones
gbp is not the only one working here ,lets be honest its going lower over the next couple weeks {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USDLFXWeekly.png Size: 21 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #423,390
  • Feb 5, 2016 3:16am Feb 5, 2016 3:16am
M5 chart
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 10 KB
persistence and determination alone are omnipotent
  • #423,391
  • Feb 5, 2016 3:17am Feb 5, 2016 3:17am
Quoting Ll1979
{quote} i mean db is an abbreviation of?
its going into consolidation
  • #423,392
  • Feb 5, 2016 3:32am Feb 5, 2016 3:32am
Quoting Ll1979
M5 chart {image}
i have changed from when i posted to bones tha 530 was holding it so i have been scalping, the little move played out well , it is the same move as yesterday go back to the post check ,, and i think it is playing yesterdays fake 61% top but in reverse, if so its going up and should see 5890, but be careful
  • #423,393
  • Feb 5, 2016 3:35am Feb 5, 2016 3:35am
Quoting Ll1979
M5 chart {image}
http://www.forexfactory.com/showthre...378&page=21164
  • #423,394
  • Feb 5, 2016 3:42am Feb 5, 2016 3:42am
fx is like Russian roulette except you put the bullet in the first chamber to get fired .lol
  • #423,395
  • Feb 5, 2016 3:46am Feb 5, 2016 3:46am
Caught between a rock and a hard place, but I think the weekly bulls will take us higher
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily.png Size: 31 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 34 KB
Come with me if you want to live....
  • #423,396
  • Edited 4:15am Feb 5, 2016 4:05am | Edited 4:15am
nice little run 5 lots at 45 pips long order on 4556 577 was yestedays floating line for me just going to hedge a long in dop one asap
  • #423,397
  • Feb 5, 2016 4:07am Feb 5, 2016 4:07am
I hope Mr giveachance listened to my call that you should cover shorts on a retest of the lows...

GU is just was not finding a real ask.
"Don't fear a bubble until it starts to burst."
  • #423,398
  • Feb 5, 2016 4:08am Feb 5, 2016 4:08am
Quoting elbert3
nice little run 5 lots at 45 pips long order on 4556
Thought I was about to get my SL touched just, I am long from 1.44316 l0oking for 1.4465, may remove TP and just trail my stop currently at 1.44377 for 1%​
  • #423,399
  • Feb 5, 2016 4:11am Feb 5, 2016 4:11am
Quoting meanvel
I hope Mr giveachance listened to my call that you should cover shorts on a retest of the lows... GU is just was not finding a real ask.
I covered some but I have a diff way to analyze this and I still see sub 1.43 medium term and close below 1.45 unless NFP is a shocker
  • #423,400
  • Feb 5, 2016 4:14am Feb 5, 2016 4:14am
Quoting Don96
{quote} Thought I was about to get my SL touched just, I am long from 1.44316 l0oking for 1.4465, may remove TP and just trail my stop currently at 1.44377 for 1%​
see what happens here 5402,,
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