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Cable Update (GBPUSD)

  • #432,561
  • Jun 17, 2016 1:23am Jun 17, 2016 1:23am
Quoting Lock
a daily pre open recap: above Sydney and Tokyo highs are back to back, so is weak at 14293 we have a cluster at 14265 that is very weak

below 14250 round number is a weak support Tokyo low at 14231 is weak as a poor low for the upcoming GB session we are currently inside the last gap down from 14393 to 14213 and inside the double pass GB gap from 14205 and 14284 this last space is of great interest for me and it's possible to see GB fill it during current session if GB opens here or somewhere around here it will be gapping higher from yesterday...
both of them taken out
Ubi maior minor cessat
  • #432,562
  • Jun 17, 2016 1:28am Jun 17, 2016 1:28am
Quoting Lock
{quote} they're very scared to lose in order to orchestrate such a bad thing...
Threre is no way this tragedy was ochestrated by the governement to prevent Brexit.

The leading populist paper supporting Brexit, The Sun, is focusing on the perpetrator being a crazed loner, rather than any link to the Brexit vote.
  • #432,563
  • Jun 17, 2016 1:35am Jun 17, 2016 1:35am
Quoting gammase1
{quote} Threre is no way this tragedy was ochestrated by the governement to prevent Brexit. The leading populist paper supporting Brexit, The Sun, is focusing on the perpetrator being a crazed loner, rather than any link to the Brexit vote.
it wasn't a thoughtful consideration. It was dictated by the iimmediate impression of the news and it mainly came from my past experience on this sort of matters.
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  • #432,564
  • Jun 17, 2016 1:37am Jun 17, 2016 1:37am
14225 is poor low
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  • #432,565
  • Jun 17, 2016 1:38am Jun 17, 2016 1:38am
Quoting gammase1
{quote} Threre is no way this tragedy was ochestrated by the governement to prevent Brexit. The leading populist paper supporting Brexit, The Sun, is focusing on the perpetrator being a crazed loner, rather than any link to the Brexit vote.
Don't get me wrong I am NOT saying the government had anything to do with this, but it's very convenient for someone that a 'Lone' gunman murder Jo Cox...There are many time throughout history of someone loading the gun and someone else pulling the trigger and that moron just pulled the trigger.

RIP Jo Cox... not that I knew her at all until yesterday but looks like one of the truly genuine MPs....
Don't Leave Money on the Table
  • #432,566
  • Jun 17, 2016 1:39am Jun 17, 2016 1:39am
Quoting Lock
14225 is poor low
taken out
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  • #432,567
  • Jun 17, 2016 1:41am Jun 17, 2016 1:41am
Quoting Lock
{quote} taken out
So you say it's been taken out even when it bounces of that point?
Don't Leave Money on the Table
  • #432,568
  • Jun 17, 2016 1:45am Jun 17, 2016 1:45am
Quoting HaLBot
{quote} So you say it's been taken out even when it bounces of that point?
3 or more pips below and for me it's taken out. Less then 2 pips is generally not enough and it remains a poor low.
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  • #432,569
  • Jun 17, 2016 1:46am Jun 17, 2016 1:46am
Quoting Lock
{quote} 3 or more pips below and for me it's taken out. 2 pips is generally not enough.
Yes but what do you mean 'Taken Out' as in taken out so you expect it to fall further or taken out and you expect it to go higher?
Don't Leave Money on the Table
  • #432,570
  • Jun 17, 2016 1:47am Jun 17, 2016 1:47am
Anyway I'm carring forward all my previous levels like the cluster at 14267 and the weak high at 14293
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  • #432,571
  • Jun 17, 2016 1:48am Jun 17, 2016 1:48am
Quoting HaLBot
{quote} Yes but what do you mean 'Taken Out' as in taken out so you expect it to fall further or taken out and you expect it to go higher?
I'm waiting for GB open. In the meanwhile I'm observing the market.
Ubi maior minor cessat
  • #432,572
  • Jun 17, 2016 1:49am Jun 17, 2016 1:49am
Quoting HaLBot
{quote} Don't get me wrong I am NOT saying the government had anything to do with this, but it's very convenient for someone that a 'Lone' gunman murder Jo Cox...There are many time throughout history of someone loading the gun and someone else pulling the trigger and that moron just pulled the trigger. RIP Jo Cox... not that I knew her at all until yesterday but looks like one of the truly genuine MPs....
But then you need the complete and unwavering silence from this moron and those close to him, a controlled and compliant meda (which is not the case in the UK, certainl not with this Brexit campaign) and the long term silence of a trail of people involved.

Interestingly, Boris Johnson yesterday distanced himself from the leader of UKIP, Nigel Farage, after the latter unveiled a poster that was seen by many as a step too far. When the campaigning resumes, it will be interesting to see what sort of role Nigel plays and whether the Leave campaign will focus as strongly on immigration fears..

https://twitter.com/zcbeaton/status/...rc=twsrc%5Etfw
  • #432,573
  • Jun 17, 2016 1:51am Jun 17, 2016 1:51am
And currently it looks like we are going to open with a GB gap higher
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  • #432,574
  • Jun 17, 2016 1:52am Jun 17, 2016 1:52am
14250 round is weak res.
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  • #432,575
  • Jun 17, 2016 2:02am Jun 17, 2016 2:02am
GB gap higher from 14204
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  • #432,576
  • Jun 17, 2016 2:07am Jun 17, 2016 2:07am
Quoting Lock
GB gap higher from 14204
so will it up ? sorry to ask you.. i can not understand the gap...
  • #432,577
  • Jun 17, 2016 2:08am Jun 17, 2016 2:08am
Quoting gammase1
{quote} But then you need the complete and unwavering silence from this moron and those close to him, a controlled and compliant meda (which is not the case in the UK, certainl not with this Brexit campaign) and the long term silence of a trail of people involved. Interestingly, Boris Johnson yesterday distanced himself from the leader of UKIP, Nigel Farage, after the latter unveiled a poster that was seen by many as a step too far. When the campaigning resumes, it will be interesting to see what sort of role Nigel plays and whether the Leave campaign...
I could never vote for far right politics, I'm someone who salutes the laws of the physical sciences and DNA shows there is extremely small differences in the dna coding of the different human races. They won't say it publicly but the extreme far right get into an area of dogma calling all the other races other than caucasions 'Mud People' and praising/worshiping nazis. They somehow forget the nazis lost, their backing the losing team....
An event know as 'The night of the Long Knives' a treacherous massacre and betrayal, of the Brownshirts on Hitler's orders in June 1934. So ardent nazis were put to death to consolidate Hitler's power. On their way to be shot they would repeated perform the nazi salute to show their loyalty but didn't help them. That's the sort of future a fascist can expect if it ever happens...

I have to say though it's mind boggling stupid to allow unchecked migration, the state here in Australia where I live has 6 million people and is only 4100 Km2 smaller than the UK and you guys have 65 million. Was always going to cause friction the more people you pack into a small space.
Don't Leave Money on the Table
  • #432,578
  • Jun 17, 2016 2:10am Jun 17, 2016 2:10am
Quoting JackyBD
{quote} so will it up ? sorry to ask you.. i can not understand the gap...

a gap from the top of the prevous session is a form of excess. It means we are now out of previous balance. So if preserved it could mean a continuation higher. But it is only one element of the situation.
Ubi maior minor cessat
  • #432,579
  • Jun 17, 2016 2:12am Jun 17, 2016 2:12am
Quoting Lock
14250 round is weak res.
taken out
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  • #432,580
  • Jun 17, 2016 2:16am Jun 17, 2016 2:16am
above(as previously said) we have:

  1. Sydney and Tokyo highs are back to back, so is weak at 14293
  2. we have a cluster at 14265 that is very weak
  3. and we have the top of the multipass gap at 14284

let's see if the gap below could resist ...

Ubi maior minor cessat
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