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Cable Update (GBPUSD)

  • #425,721
  • Mar 3, 2016 3:50am Mar 3, 2016 3:50am
Quoting Don96
{quote} Ooops :0 Looks like it, and that's 3/3 loss for me this morning...
lol keep trying regards E You can do it
  • #425,722
  • Mar 3, 2016 3:52am Mar 3, 2016 3:52am
Quoting Ill-b-back
man, right on the Kisser eh take that over to the "fibs don't work and I'm stoopid" thread {image}
right play their game lol ..
  • #425,723
  • Mar 3, 2016 4:18am Mar 3, 2016 4:18am
GU about ready to roll over intraday
All posts are my personal opinion
  • #425,724
  • Mar 3, 2016 4:24am Mar 3, 2016 4:24am
Quoting slk
{quote} well done!
Thanks slk
Come with me if you want to live....
  • #425,725
  • Edited 4:41am Mar 3, 2016 4:29am | Edited 4:41am
Quoting dean1star
{quote} right play their game lol ..
indeed .

I know where I'll be looking for shorts

and I think it will sink very deep below 1.3
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 29 KB
Click to Enlarge Name: GBPUSDH4.png Size: 29 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 31 KB
Come with me if you want to live....
  • #425,726
  • Mar 3, 2016 4:46am Mar 3, 2016 4:46am
A close this week/month back below broken ascending TL could be the trigger for a very big drop and surge in USD against all other currencies
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US30Weekly1.png Size: 37 KB
Click to Enlarge Name: US30Weekly2.png Size: 25 KB
Come with me if you want to live....
  • #425,727
  • Mar 3, 2016 6:04am Mar 3, 2016 6:04am
#GBPUSD waiting for a puillback to load up the truck :-)
Attached Image
"W. D. Gann said that time is the most important factor among all things."
  • #425,728
  • Mar 3, 2016 6:20am Mar 3, 2016 6:20am
Quoting Darkforce
{quote} This H4 close is interesting, bearish engulfing, and testing channel top and MAs, price didn't even reach 1.4117 this morning, looks like it might never gets there. I suspect US unemployment figure will be positive again. So sooner or later the 3 red UK PMIs should exert some pressure on cable, I hope {image}
I think it will and see 4180 (prob 1.42)

Good confluence between 4hr retest and weekly charts around that area.

Currently just retesting support..

If and when the descending blue TL on the weekly breaks, I think that will be significant
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 31 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 28 KB
Come with me if you want to live....
  • #425,729
  • Mar 3, 2016 6:25am Mar 3, 2016 6:25am
I'm off to bed, still need to get up in the morning and work for a living


Come with me if you want to live....
  • #425,730
  • Mar 3, 2016 6:46am Mar 3, 2016 6:46am
Quoting Ill-b-back
{quote} I think it will and see 4180 (prob 1.42) Good confluence between 4hr retest and weekly charts around that area. Currently just retesting support.. If and when the descending blue TL on the weekly breaks, I think that will be significant {image} {image}
I mean this
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 33 KB
Come with me if you want to live....
  • #425,731
  • Mar 3, 2016 6:56am Mar 3, 2016 6:56am
Quoting Ill-b-back
{quote} I think it will and see 4180 (prob 1.42) Good confluence between 4hr retest and weekly charts around that area. Currently just retesting support.. If and when the descending blue TL on the weekly breaks, I think that will be significant {image} {image}
I had another look and I think the bottom holds for now, so stay with long now
  • #425,732
  • Mar 3, 2016 7:17am Mar 3, 2016 7:17am
pop up GU H6 charts. there are 3 dojis in a row. We need to pullback to 3980-4000 area, before we resume the move North.
  • #425,733
  • Mar 3, 2016 8:25am Mar 3, 2016 8:25am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H1..11.gif Size: 205 KB
  • #425,734
  • Mar 3, 2016 9:54am Mar 3, 2016 9:54am
resistance next 1,4200 1,425

1h 1,61 fib
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_D111.gif Size: 192 KB
Click to Enlarge Name: GBPUSD_H1..11.gif Size: 173 KB
  • #425,735
  • Mar 3, 2016 10:23am Mar 3, 2016 10:23am
gbp crosses are still struggling and gbp can take one more big tumble. beware
  • #425,736
  • Mar 3, 2016 10:45am Mar 3, 2016 10:45am
I closed my longs right before it broke above 1.4120 because there was a doji candlestick on the 4-hour timeframe under that resistance level. Now it's probably too late to open longs again.
  • #425,737
  • Mar 3, 2016 10:57am Mar 3, 2016 10:57am
Quoting USDollar
#GBPUSD waiting for a puillback to load up the truck :-) {image}
your good, I saw your post the other day also calling for 1.419x... interesting
  • #425,738
  • Mar 3, 2016 11:23am Mar 3, 2016 11:23am
Nice GU today 1.41897 is 61.8% retracement of decline from last Monday's high, off which the pound reversed lower to record down day...
  • #425,739
  • Mar 3, 2016 11:53am Mar 3, 2016 11:53am
Quoting Don96
{quote} your good, I saw your post the other day also calling for 1.419x... interesting
Thanks the master said Time is the most important factor...... so I take it to heart
"W. D. Gann said that time is the most important factor among all things."
  • #425,740
  • Mar 3, 2016 11:56am Mar 3, 2016 11:56am
#GBPUSD did not pullback enough for me to load up on some more long.... but it's OK I'm still riding this wave :-)
"W. D. Gann said that time is the most important factor among all things."
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