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Cable Update (GBPUSD)

  • #431,961
  • Jun 7, 2016 1:01am Jun 7, 2016 1:01am
4hr looking good for some buying interest atm, supported by the 50 ema, hope it holds and I'll go long...
Don't Leave Money on the Table
  • #431,962
  • Jun 7, 2016 1:10am Jun 7, 2016 1:10am
Quoting HaLBot
Anyway Euro session almost here..
Will the eur usd is going up? I was out of the picture after the above 1,1282x ...
Libenter homines id quod volunt credunt
  • #431,963
  • Jun 7, 2016 1:11am Jun 7, 2016 1:11am
Quoting baliprada
{quote} Will the eur usd is going up? I was out of the picture after the above 1,1282x ...
might be better to get onto the Euro thread for that M8..
Don't Leave Money on the Table
  • #431,964
  • Jun 7, 2016 1:12am Jun 7, 2016 1:12am
Quoting HaLBot
4hr looking good for some buying interest atm, supported by the 50 ema, hope it holds and I'll go long...

On the 4hr chart the 100 and 50 sma converge on 4530...but with a bit of momentum I don't think it'll offer resistance, as long as we get that momentum
Don't Leave Money on the Table
  • #431,965
  • Jun 7, 2016 1:13am Jun 7, 2016 1:13am
Quoting HaLBot
{quote} might be better to get onto the Euro thread for that M8..
Ok ... thanks Mate
Libenter homines id quod volunt credunt
  • #431,966
  • Jun 7, 2016 1:32am Jun 7, 2016 1:32am
Quoting HaLBot
{quote} On the 4hr chart the 100 and 50 sma converge on 4530...but with a bit of momentum I don't think it'll offer resistance, as long as we get that momentum
So now it hit resistance at 4530, I'd go long with a break above that level and short below 4500....
Don't Leave Money on the Table
  • #431,967
  • Jun 7, 2016 1:35am Jun 7, 2016 1:35am
Quoting hippiedog
Currently good opportunity on gbpjpy and gbpaud both 1h both tp 100 ema. Gbpusd very undecided.
$$$$$$$$$$$$$$$ DONE.
FREEDOM IS SECURITY.
  • #431,968
  • Jun 7, 2016 1:41am Jun 7, 2016 1:41am
A broker I used to use still sends emails and interestingly they are changing their margin rates approaching UK referendum....
Don't Leave Money on the Table
  • #431,969
  • Jun 7, 2016 1:56am Jun 7, 2016 1:56am
Quoting HaLBot
A broker I used to use still sends emails and interestingly they are changing their margin rates approaching UK referendum....
This is probably standard. FXCM does this for me even though I don't use them
TE started 6/4/19
  • #431,970
  • Jun 7, 2016 2:04am Jun 7, 2016 2:04am
Quoting HaLBot
{quote} Hey Dean1Star I had internet trouble yesterday, but what is it with your charting and the spiraling line???
Interesting you should ask there Hal - its similar to e = mc squared but on an algorythmic format of outside spheres or circumference - phi is the principle number which is then caculated via a fibo sequence - whilst monitoring on a repeat basis the direction of the trend or trade depending ..
its a great tool for confirmation and intersting to follow - its evolving as the direction does in sync.
Ita a quantum based idea.

Notice how the high with asia touched the outer circle in almost precision mode - its similar to Gann and his fan principle visually.
Alerts you with trend direction and then informs you of the amount of pips in profit you are
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  • #431,971
  • Jun 7, 2016 2:25am Jun 7, 2016 2:25am
Ok. can this bitch find his direction? Looks like its shaking like a snake from one top to latest bottom and so on.
But the latest 4h candle is something new. LOL
  • #431,972
  • Jun 7, 2016 2:30am Jun 7, 2016 2:30am
The thing is in normal market if 4h candle green then the next usually too. i think the latest 4h candle will be brake down by the next 4h red one and more bigger. 4300. i think it can easy beet to 4300 now.
  • #431,973
  • Jun 7, 2016 2:33am Jun 7, 2016 2:33am
Quoting Trader88q
Ok. can this bitch find his direction? Looks like its shaking like a snake from one top to latest bottom and so on. But the latest 4h candle is something new. LOL
Positive halifax house prices gave it a boost but not enough to get past 4530 area resistance, it's stronger than I thought, I'm still long and the short term area is I aiming for is 4580.
Don't Leave Money on the Table
  • #431,974
  • Jun 7, 2016 2:45am Jun 7, 2016 2:45am
hourly 200 sma, proving strong resistance area... looking to go south
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #431,975
  • Jun 7, 2016 2:56am Jun 7, 2016 2:56am
it is called a real short squeeze
Attached Image (click to enlarge)
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  • #431,976
  • Jun 7, 2016 3:12am Jun 7, 2016 3:12am
Quoting Dano12
it is called a real short squeeze {image}
Maybe just the beginning of the big squeeze
  • #431,977
  • Jun 7, 2016 3:35am Jun 7, 2016 3:35am
Quoting HaLBot
{quote} Positive halifax house prices gave it a boost but not enough to get past 4530 area resistance, it's stronger than I thought, I'm still long and the short term area is I aiming for is 4580.
bulls are in the market today
  • #431,978
  • Jun 7, 2016 3:43am Jun 7, 2016 3:43am
Quoting Darkforce
{quote} Maybe just the beginning of the big squeeze
  • #431,979
  • Jun 7, 2016 3:45am Jun 7, 2016 3:45am
Quoting Tpak
hourly 200 sma, proving strong resistance area... looking to go south
you better switch to ema.
  • #431,980
  • Jun 7, 2016 3:50am Jun 7, 2016 3:50am
Long term view for GBP :

Attached Image (click to enlarge)
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Money moves the market, not an indicator.
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