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Cable Update (GBPUSD)

  • #430,601
  • May 6, 2016 11:55am May 6, 2016 11:55am
Quoting Bones
yep ,I've heard that before ,selling is the new buying http://www.forexfactory.com/showthre...59#post7753859 {image}
The world you desire can be won. It exists.. it is real.. it is possible..
  • #430,602
  • Edited May 7, 2016 3:57am May 6, 2016 1:36pm | Edited May 7, 2016 3:57am
you can read this news
or,
much more simple ,
you can read this chart,with every piece of news in history already in it to be at that number with future projections of all main players to boot the added benefit
of just about any out the woodwork thing known to man,no way little retail trader could know in it

in laymans terms looks like and engulfing off the bottom of a long term range -that broke the downtrend line
,$ is oversold wants to retrace to me

note has to break
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,603
  • May 6, 2016 3:11pm May 6, 2016 3:11pm
Quoting Bones
you can read this news or, much more simple , you can read this chart,with every piece of news in history already in it to be at that number with future projections of all main players with added benefit of just about any out the woodwork thing known to man,no way little retail trader could know in it in laymans terms looks like and engulfing off the bottom of a long term range -that broke the downtrend line ,$ is oversold wants to retrace to me {image} {image}
You know this, you're right, chart includes all the history from 7000 BC. however, big boys and market makers promised their boss to pretend to us THIS IS A PRICE ACTION PATTERN. mainly in lower time frames. Then we should welcome probability and behavioral finance pattern makers!

Have a good weekend
...
  • #430,604
  • May 6, 2016 3:21pm May 6, 2016 3:21pm
Quoting inRoozaan
{quote} You know this, you're right, chart includes all the history from 7000 BC. however, big boys and market makers promised their boss to pretend to us THIS IS A PRICE ACTION PATTERN. mainly in lower time frames. Then we should welcome probability and behavioral finance pattern makers! Have a good weekend
PS. Old stayed GU buys or now-supply's is still pushing GU higher - including mid swings as now - IMO.
...
  • #430,605
  • May 7, 2016 2:02am May 7, 2016 2:02am
Labour's Sadiq Khan Wins London Mayoralty After Bitter Election

Quote
Sadiq Khan of Britain’s main opposition Labour Party won election as London’s first Muslim mayor, beating the Conservatives’ Zac Goldsmith after a bitterly fought and divisive campaign.

great news for don96 and deanstar. Seems this guy hijacked the brexit event already.
  • #430,606
  • May 7, 2016 2:59am May 7, 2016 2:59am
B that's true but the damage already dealt on the dollar here's weekly. pullback yeah but overall usd in pretty bad shape.
PS: also note a double top prior to the break out.
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  • #430,607
  • May 7, 2016 3:11am May 7, 2016 3:11am
Quoting asgcorp
Labour's Sadiq Khan Wins London Mayoralty After Bitter Election {quote} great news for don96 and deanstar. Seems this guy hijacked the brexit event already.
When someone makes an opening speach saying stuff like London is a city for everyone .. then you know its gonna be a tough gig - give him time the press will set him up eventually as they always do .. still going with the 150 before brexit then either a 160 - or a 140 play .. its worth it just for the once in a life time moment ..

Went LONG just before NFP so lets see how it plays by Tuesday ..
  • #430,608
  • May 7, 2016 3:14am May 7, 2016 3:14am
Quoting dean1star
{quote} When someone makes an opening speach saying stuff like London is a city for everyone .. then you know its gonna be a tough gig - give him time the press will set him up eventually as they always do .. still going with the 150 before brexit then either a 160 - or a 140 play .. its worth it just for the once in a life time moment .. Went LONG just before NFP so lets see how it plays by Tuesday ..
wtf is this guy on about ?
  • #430,609
  • May 7, 2016 3:18am May 7, 2016 3:18am
Quoting Don96
{quote} wtf is this guy on about ?
His heritage is Mongolian and he could just be Genghis Khann - reincarnate .. you think i am kidding - British Press for you ..
Gardening day today lol .. ah the peace of it all hey
  • #430,610
  • May 7, 2016 3:48am May 7, 2016 3:48am
Quoting asgcorp
Labour's Sadiq Khan Wins London Mayoralty After Bitter Election {quote} great news for don96 and deanstar. Seems this guy hijacked the brexit event already.
It means tat British people are Wise and Unbiased.
  • #430,611
  • May 7, 2016 4:02am May 7, 2016 4:02am
exactly.

This also means more rapefugees would be welcome in UK. The life off the wellfare package sure is sweet. Then again you don't expect them to work off the misereable wages, right?
  • #430,612
  • May 7, 2016 4:14am May 7, 2016 4:14am
Quoting asgcorp
exactly. This also means more rapefugees would be welcome in UK. The life off the wellfare package sure is sweet. Then again you don't expect them to work off the misereable wages, right?
It is because there is Democratic regime and openness.
  • #430,613
  • Edited 5:18am May 7, 2016 4:18am | Edited 5:18am
yea you could be right ,maybe limited up but still could take time to go back bear
I would be wary to see neg $ gaps ,tls target makes sense ,could b cable all the way near lows



Quoting asgcorp
B that's true but the damage already dealt on the dollar here's weekly. pullback yeah but overall usd in pretty bad shape. PS: also note a double top prior to the break out. {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,614
  • Edited 6:01am May 7, 2016 4:41am | Edited 6:01am
location is good,range holds ?as long as this month is positive ,it could go all the way
Quoting Bones
cool liked your post usdx {quote} {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,615
  • May 7, 2016 5:33am May 7, 2016 5:33am
Quoting arasheed
{quote} It is because there is Democratic regime and openness.
For sure it will end in tears these things always do - look at corbyn now labours leader .. he had his warhole moment, milliband too, Duncan smith also its just a game you can call it democracy other people call it a game .. same conclusion it will end in tears same with Trump should he get into the white house .. first 100 days and then the stories and broken promises will appear .. same old same as - just different names and faces. Media, Press rules over everything now, logical of course.

www.youtube.com/watch?v=1XKFQVJlmZY
  • #430,616
  • May 7, 2016 6:37am May 7, 2016 6:37am
For those that might be interested:

Inserted Video
  • #430,617
  • May 7, 2016 6:46am May 7, 2016 6:46am
Dean that does make sense. It's actually funny how the yanks are getting bent over again with Trump's promises. The truth is Trump or Killery no difference at all. They'd push same NWO agenda. Trump is hooked up with banksters hard out. Look up his latest quotes. He's loving debt. That's too much. Already 19 trln + national debt ain't enough. Student loan over 1 trln and counting. Now Mr Trump loving the debt he would be prining hard.

That's why actually they can't raise rates their capacity is limited. By raising the interest rates US will push itself closer to the bankruptcy since they pretty much won't be able to service their outstanding debts.

What it takes now is a personality such as JFK default on all US debt and reboot the system but it ain't gonna happen the banksters love that debt.
  • #430,618
  • May 7, 2016 7:13am May 7, 2016 7:13am
supplementary to the above.
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  • #430,619
  • May 7, 2016 7:14am May 7, 2016 7:14am
Quoting asgcorp
Dean that does make sense. It's actually funny how the yanks are getting bent over again with Trump's promises. The truth is Trump or Killery no difference at all. They'd push same NWO agenda. Trump is hooked up with banksters hard out. Look up his latest quotes. He's loving debt. That's too much. Already 19 trln + national debt ain't enough. Student loan over 1 trln and counting. Now Mr Trump loving the debt he would be prining hard. That's why actually they can't raise rates their capacity is limited. By raising the interest rates US will...
its the old adage keep em busy - keep em in debt (the sheepies that is lol) then we got the playing field - its all simple economics really.
What i find interesting is 3 days of the condor was made in 1974 - the screenplay created 1965 - 1966 - thats 50 years ago for the story, stands the test of time in my book. "Adwood who is Adwood .. he is all of us " awesome line.
  • #430,620
  • May 7, 2016 7:22am May 7, 2016 7:22am
it's a sad story really. What's surprising is that yanks had all the perks, big houses, SUVs all the latest tech and are still stressed out. Same deal here too much debt. Poor fellas commit suicides due to debt leverage.

In contrast I travelled to Dominican Republic few years ago, the locals got maybe 10 bucks for the daily expenses and yet all of them got a smile on their face very friendly and happy overall. They got their bits of land some hens and livestock pretty much grow all their food stuffs the climate is good and allows to gather multiple crops year round. Not much money zero debt, life is good. So there you go.

So yeah, maybe we all should relocate to Dominican Republic and trade FX there. No debt. Stress free experience.
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