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Cable Update (GBPUSD)

  • #424,041
  • Feb 12, 2016 4:39am Feb 12, 2016 4:39am
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just come off 1 hour candle lets see if res here
  • #424,042
  • Feb 12, 2016 5:07am Feb 12, 2016 5:07am
Quoting elbert3
{quote} Hi Ill B the reason i posted you was of your false break ,, if you see me play it , i call it false pennant break, and when you find it sel it to support then it always comes back,, check back on my posts here was the chart{image}
Hi Elbert, sorry I'm not following you. What are you trying to tell me?
Come with me if you want to live....
  • #424,043
  • Feb 12, 2016 5:11am Feb 12, 2016 5:11am
don't believe that weekly at all

Quoting Bones
d1 is still bearish long wick to downside ,just saying {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,044
  • Feb 12, 2016 5:13am Feb 12, 2016 5:13am
Quoting elbert3
{quote} Hi Ill B the reason i posted you was of your false break ,, if you see me play it , i call it false pennant break, and when you find it sel it to support then it always comes back,, check back on my posts here was the chart{image}
This is what I am thinking into next week
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Come with me if you want to live....
  • #424,045
  • Feb 12, 2016 5:16am Feb 12, 2016 5:16am
could be a consolidation this ,bullish next
http://www.forexfactory.com/showthre...61#post8737561
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,046
  • Feb 12, 2016 5:25am Feb 12, 2016 5:25am
look good on the daily too
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  • #424,047
  • Feb 12, 2016 5:34am Feb 12, 2016 5:34am
Quoting Squiggles
look good on the daily too {image}
here's daily
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  • #424,048
  • Feb 12, 2016 5:38am Feb 12, 2016 5:38am
Quoting Ill-b-back
{quote} This is what I am thinking into next week {image}
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snap lol
  • #424,049
  • Feb 12, 2016 5:39am Feb 12, 2016 5:39am
What about fundamentals? Next week seems to be GBP packed.
  • #424,050
  • Feb 12, 2016 5:42am Feb 12, 2016 5:42am
Quoting Ill-b-back
{quote} This is what I am thinking into next week {image}
Attached Image (click to enlarge)
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that false out candle ,same set up as my charts above but on a bigger tc, if you get my drift,, if not its to hard to tell you lol regards E
  • #424,051
  • Feb 12, 2016 5:47am Feb 12, 2016 5:47am
Quoting ill-b-back
{quote} this is what i am thinking into next week {image}
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this is day one
  • #424,052
  • Feb 12, 2016 5:51am Feb 12, 2016 5:51am
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4 hour tl that i am looking at, if it goes south set fire to the charts ,,lol
  • #424,053
  • Feb 12, 2016 5:53am Feb 12, 2016 5:53am
Quoting elbert3
{quote} {image} that false out candle ,same set up as my charts above but on a bigger tc, if you get my drift,, if not its to hard to tell you lol regards E
Hey man, sorry, you were saying something about a false pennant break, then showing me a 1 minute chart and higher TF chart with so many lines on them I just couldn't work out what you were trying to show me, made no sense to me at all sorry.

Maybe because I operate on higher TF charts or something.
In line with your most recent chart, I can offer this perspective. It's not my preferred form of analysis but many things line up around 1.5 or so (also 50 fib from June highs). IF we get up there, I think it would be the ultimate sell area long term

All the best
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDMonthly1.png Size: 34 KB
Come with me if you want to live....
  • #424,054
  • Feb 12, 2016 5:56am Feb 12, 2016 5:56am
It's 10.55pm here, wife's just walked in the door after being out for drinks with friends.

Time for bed
Come with me if you want to live....
  • #424,055
  • Feb 12, 2016 5:57am Feb 12, 2016 5:57am
Quoting ForexAuthor
What about fundamentals? Next week seems to be GBP packed.
I tried playing with fungi mentals, big mistake, not everyone recovers . good luck with your dabblings..
  • #424,056
  • Feb 12, 2016 6:03am Feb 12, 2016 6:03am
Quoting squiggles
{quote} i tried playing with fungi mentals, big mistake, not everyone recovers . Good luck with your dabblings..
hahahahaha i see your point.
  • #424,057
  • Feb 12, 2016 6:04am Feb 12, 2016 6:04am
Quoting Ill-b-back
It's 10.55pm here, wife's just walked in the door after being out for drinks with friends. Time for bed
Sleep well
  • #424,058
  • Feb 12, 2016 6:43am Feb 12, 2016 6:43am
eur in consolidation with us ,could be, their continue move sim ,probably a good inner line
lining up with high res


Quoting Bones
Hi L , Even tho I can't agree with you your obveously not the usual FF poster ,thats good , can take a bit of jest ,I'm happy someone criticise my charts honestly Im not sure what you mean inner tl ,maybe you can show me ,I'm happy you can find me something to learn a little any tl gotta make sense ,I often draw the odd 2 point in anticipation ,based on candles ,but then it would have to confirm some way is this an inner tl on eu ? I use these all the time , {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,059
  • Feb 12, 2016 7:52am Feb 12, 2016 7:52am
Quoting Bones
eur in consolidation with us ,could be, their continue move sim ,probably a good inner line lining up with high res {quote} {image}
great call
persistence and determination alone are omnipotent
  • #424,060
  • Feb 12, 2016 8:43am Feb 12, 2016 8:43am
Tanner, sixpence, half a shilling its all the same thing... Some things never change
Up and down like the grand old Duke.
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