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Cable Update (GBPUSD)

  • #438,361
  • Aug 31, 2016 1:29am Aug 31, 2016 1:29am
Quoting elbert3
{quote} Or top 78% of that spike top right cross

3230???
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  • #438,362
  • Aug 31, 2016 1:45am Aug 31, 2016 1:45am
Quoting pointlessfor
{quote} here. sell on breakout. {image}
Hope so as per probable pa , short cut /direct or bo with time. take care
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 40 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,363
  • Aug 31, 2016 1:47am Aug 31, 2016 1:47am
Quoting elbert3
{quote} Or top 78% of that spike top right cross
if this breakout occurs then we will see move to south 78 %
  • #438,364
  • Aug 31, 2016 1:55am Aug 31, 2016 1:55am
3085 short. target 2900
  • #438,365
  • Edited 2:26am Aug 31, 2016 2:06am | Edited 2:26am
Quoting pointlessfor
{quote} if this breakout occurs then we will see move to south 78 %
not knew how this % counted but it should't BO downside until & unless market very worry & doing mistakes more before the realize & go further opposite again . though it is very small move. In normal pa minimum breaks up level is 1.3138 , 3168 or even 3220 normal before the target test atthe down.Take care .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #438,366
  • Aug 31, 2016 2:11am Aug 31, 2016 2:11am
Long positions aside.
Logic seems to suggest end of the month move South.
  • #438,367
  • Aug 31, 2016 2:12am Aug 31, 2016 2:12am
My bias is short but it is difficult to call at it has been stuck in a range between 1.3120 and 1.3060. I am out at present but will make a decision when it reaches one of these two levels. I missed the earlier touch around 4:30am GMT this morning, hopefully it will get back to one of the levels.
Striving for consistency
  • #438,368
  • Aug 31, 2016 2:14am Aug 31, 2016 2:14am
Quoting Wdfx
{quote} hehe...
Hey Wdfx I want cable to go to 3132....can you take your dog for a walk M8....
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  • #438,369
  • Aug 31, 2016 2:19am Aug 31, 2016 2:19am
second position short 3100.
  • #438,370
  • Aug 31, 2016 2:28am Aug 31, 2016 2:28am
Quoting HaLBot
{quote} Hey Wdfx I want cable to go to 3132....can you take your dog for a walk M8....
Hehe..

Meet Hamish and Flora. ... I will let you know when I'm going out ...
Attached Image (click to enlarge)
Click to Enlarge Name: hamisflora.JPG Size: 162 KB
Striving for consistency
  • #438,371
  • Aug 31, 2016 2:31am Aug 31, 2016 2:31am
Quoting Wdfx
{quote} Hehe.. Meet Hamish and Flora. ... I will let you know when I'm going out ... {image}
Cheers M8....what breed are they?
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  • #438,372
  • Aug 31, 2016 2:38am Aug 31, 2016 2:38am
Quoting HaLBot
{quote} Hey Wdfx I want cable to go to 3132....can you take your dog for a walk M8....
Im still in the quarterly open camp, 1.33 lol, may get to 1.3185 ish area it would make for a pretty H&S pattern on the 8 hour chart, its been banging away at last quarters low for a while now a trip above it isint out of the question , cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBP 8 hour.jpg Size: 468 KB
  • #438,373
  • Aug 31, 2016 2:44am Aug 31, 2016 2:44am
Quoting HaLBot
{quote} Cheers M8....what breed are they?
Border Terriers .. Flora is the dark one at the front
Striving for consistency
  • #438,374
  • Aug 31, 2016 2:45am Aug 31, 2016 2:45am
Quoting digger1
{quote} Im still in the quarterly open camp, 1.33 lol, may get to 1.3185 ish area it would make for a pretty H&S pattern on the 8 hour chart, its been banging away at last quarters low for a while now a trip above it isint out of the question , cheers {image}
yeah I'm with you Digger...I expect it to rise from here simply because price is not showing much weakness although Euro is...but I'm not gonna hold onto any longs if it heads south...Trade what you see and not be biased any way..

Digger is a very famous term in Australia because during the first world war at Galipoli the Aussies were pinned down by the Turks and had to dig. So they dug and dug and dug and Aussie soldiers became known as 'Diggers' to this day and probably forever....Aussies are very good soldiers and have proved themselves time and time again...
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  • #438,375
  • Aug 31, 2016 2:49am Aug 31, 2016 2:49am
Quoting HaLBot
{quote} yeah I'm with you Digger...I expect it to rise from here simply because price is not showing much weakness although Euro is...but I'm not gonna hold onto any longs if it heads south...Trade what you see and not be biased any way.. Digger is a very famous term in Australia because during the first world war at Galipoli the Aussies were pinned down by the Turks and had to dig. So they dug and dug and dug and Aussie soldiers became known as 'Diggers' to this day and probably forever....Aussies are very good soldiers and have proved themselves...
I am very interested in WW1 and WW2 history. I recently watch a series on the BBC about the Somme and the tragedy of 1 million lives lost for a few miles of land. Respect
Striving for consistency
  • #438,376
  • Aug 31, 2016 2:57am Aug 31, 2016 2:57am
Quoting Wdfx
{quote} I am very interested in WW1 and WW2 history. I recently watch a series on the BBC about the Somme and the tragedy of 1 million lives lost for a few miles of land. Respect
Yep very tragic times on the Somme...and the overriding impression of Galipoli is of an utter waste of the men who fought there as it was very badly planned and they underestimated Turkeys fighting ability.
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  • #438,377
  • Aug 31, 2016 3:00am Aug 31, 2016 3:00am
Quoting HaLBot
{quote} yeah I'm with you Digger...I expect it to rise from here simply because price is not showing much weakness although Euro is...but I'm not gonna hold onto any longs if it heads south...Trade what you see and not be biased any way.. Digger is a very famous term in Australia because during the first world war at Galipoli the Aussies were pinned down by the Turks and had to dig. So they dug and dug and dug and Aussie soldiers became known as 'Diggers' to this day and probably forever....Aussies are very good soldiers and have proved themselves...
Utmost respect for them man , I was born and raised on a farm , never got away from it lol, do a little excavating in between planting and harvest hence the title,,,, always digging in the dirt for something lol,,,,,,,,,,,,,,,,, another view , sure looks like a pile of selling up here but one good news spike could take care of that
Attached Image (click to enlarge)
Click to Enlarge Name: GBP 2.jpg Size: 299 KB
  • #438,378
  • Aug 31, 2016 3:03am Aug 31, 2016 3:03am
Quoting digger1
{quote} Utmost respect for them man , I was born and raised on a farm , never got away from it lol, do a little excavating in between planting and harvest hence the title,,,, always digging in the dirt for something lol,,,,,,,,,,,,,,,,, another view , sure looks like a pile of selling up here but one good news spike could take care of that {image}
Yep I figured that from the Machinery picture...

Yes it does look like the 3120 area sellers will come into the market....
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  • #438,379
  • Aug 31, 2016 3:05am Aug 31, 2016 3:05am
usd is bullish like gbp it seems locked up but I'm guessing usd could blink first
anyhow break and close give direction
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp USD h1 (DFB).png Size: 19 KB
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  • #438,380
  • Aug 31, 2016 3:09am Aug 31, 2016 3:09am
This may be a strong sell . Exit or cover, depending of trading style :

Attached Image (click to enlarge)
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