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Cable Update (GBPUSD)

  • #424,661
  • Feb 20, 2016 2:13am Feb 20, 2016 2:13am
Quoting Bones
well you have changed your chart since then , {quote} {image}
I'm just adapting to new informations that arrive. It wasn't triggered a sell, but the intention remained for short.

Quoting Bones
although you waited , jumped the gun a little , anyhow good ideas I think {quote}
I was stopped out with little profit.
Money moves the market, not an indicator.
  • #424,662
  • Feb 20, 2016 3:32am Feb 20, 2016 3:32am
Quoting USDollar
#GBPUSD Some Bulls got ahead of next week and started buying before the close..... 1 good thing pound has it did not close below the 2x1. so get ready for next week.... the price action could continue upward for a wave 3 if my calculation are correct {image}
So you believe price will be up next week because some buyers got ahead close or?
  • #424,663
  • Edited 4:24am Feb 20, 2016 4:05am | Edited 4:24am
like Sherlock Holmes use deduction :nerd: ,its not going up past that evening star
and monthly today,
this chart closed early so last leg not visible ,
note $ was the driver ,cable d1 Friday


http://www.forexfactory.com/showthre...88#post8764688
Attached Image(s) (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,664
  • Feb 20, 2016 4:11am Feb 20, 2016 4:11am
gbp looks like this
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPLFXH4 2.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,665
  • Feb 20, 2016 4:26am Feb 20, 2016 4:26am
Quoting Bones
gbp looks like this {image} {image}
thanks sherlock bones do you have a view on jpy as well?
  • #424,666
  • Feb 20, 2016 4:38am Feb 20, 2016 4:38am
this is what i meant ,doji ,inverted hammer ,then confirmation ,
if it retraces its a buy ,until something new


http://www.forexfactory.com/showthre...61#post8761961
Quoting Bones
candles can't be changed like that dean ,look up in all proberbility {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,667
  • Feb 20, 2016 4:44am Feb 20, 2016 4:44am
lol ,I'm not monitoring jpy ,ill be looking tomorrow for general view
joking aside deduction ,or confluence is super super powerful

Quoting alayinizAMK
{quote} thanks sherlock bones do you have a view on jpy as well?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,668
  • Feb 20, 2016 5:14am Feb 20, 2016 5:14am
Quoting roadtogo
{quote} dude I like to put "eloquently" and suggest to you a better opportunity. Eur/gbp always trended between 0.70 and 0.75 until this brexit and oil shit put on the table so often.. I believe eurgbp will go into that channel and eurusd will see below 1.10 next week. that was what Draghi wants too..He alway tried to drag gbp back to this channel..Im not totally sure about eurusd yet but dont think usd will go down against gbp too much. everybody was talking .80 days ago due to brexit risk. It will definitely touch .76 this week.. Oil down, rate...
UK referendum date announced after 10AM cabinet meeting
  • #424,669
  • Edited 6:19am Feb 20, 2016 5:18am | Edited 6:19am
Quoting alayinizAMK
{quote} So you believe price will be up next week because some buyers got ahead close or?
Well there is more to it than that, but it is a sign that it could possibly be an upward move to higher prices
"W. D. Gann said that time is the most important factor among all things."
  • #424,670
  • Feb 20, 2016 5:33am Feb 20, 2016 5:33am
Quoting Ill-b-back
Nice pattern also. If we get down there, I think it will be very bullish {image}
Nice chart - be interesting too see the play next week.
  • #424,671
  • Feb 20, 2016 5:46am Feb 20, 2016 5:46am
I agree, next week will be time for longs, especially if there's a breakout above 1.4410.
  • #424,672
  • Feb 20, 2016 6:47am Feb 20, 2016 6:47am
Quoting Bones
lol ,I'm not monitoring jpy ,ill be looking tomorrow for general view joking aside deduction ,or confluence is super super powerful {quote}
so true i get logic, think im doing same sort of thing by using other currencies as mediums. usually 3 pairs made of 3 currencies. lets say gu, gj and uj in this case.

Quoting USDollar
{quote} Well there is more to it than that, but it is a sign that it could possibly be an upward move to higher prices
it surely was some ugly pa before close, maybe there is something to it.
  • #424,673
  • Feb 20, 2016 6:54am Feb 20, 2016 6:54am
Announcement of Deal between UK and Eurozone should give uplift, even if it might be only short term as results are not really celebrated in the UK.
  • #424,674
  • Feb 20, 2016 7:07am Feb 20, 2016 7:07am
you can look at weekly maybe it looks like it can go either way ,
but then you could see the number we came from ,the weekly candles to see are the bullish ones for a retrace ,
inverted hammer now ( 1 week left),probability says bullish candle will print ,price will go higher



Quoting koohyar
I am bearish on the Cable for the coming weeks... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: USD month (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,675
  • Edited 7:25am Feb 20, 2016 7:10am | Edited 7:25am
cable went through the motions ,its bearish ,but then
decide whats real,to be able to pre empt

Quoting Bones
ok,then it falls further 500 pips then what do you do with a pitch fork ,thats hardly respected bar near the points of reference regarding monthly pivot ,and the upper wick ,failure of pivot theres a lot of false ,end of day you have to think whats real here , cable has to the end of the month to take the low , {quote} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,676
  • Feb 20, 2016 7:16am Feb 20, 2016 7:16am
http://news.forexlive.com/!/uk-refer...-june-20160220
  • #424,677
  • Feb 20, 2016 7:16am Feb 20, 2016 7:16am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #424,678
  • Feb 20, 2016 7:30am Feb 20, 2016 7:30am
Quoting elbert3
{quote} Good to hear about your acc , , yes coming home with more aches and pains ,lol. I wanted to buy some eggs to kick up my food intake, i dont normaly shop but i had to, so i go into the shop i could not fine any eggs ? I asked the boy, do you have any eggs in,, yes he said and showed me to a load of easter eggs ?????? I was gob smacked . Cock came to mind lol .
http://assets.forexfactory.net/nfs/c...ar175214_4.gif dean1star
Time to be moving on Billy, was great trading with you, its nice to meet another trader who not only trades but puts up his trades as they occur - people seem to think this way of trading is easy, i can assure you its the hardest form of trading there is and you also mastered it for sure - been a pleasure Billy might see u Dec 2016 back here maybe - maybe not lol ..
  • #424,679
  • Feb 20, 2016 7:32am Feb 20, 2016 7:32am
eur cad ,

Quoting Bones
eur cad it will break , {image}
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  • #424,680
  • Feb 20, 2016 7:49am Feb 20, 2016 7:49am
negative =true
up trend line life =limited
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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