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Cable Update (GBPUSD)

  • #438,941
  • Sep 4, 2016 8:18am Sep 4, 2016 8:18am
MXT
Can you pl.inform how I can get the above pl. Share the link.
Regards
  • #438,942
  • Sep 4, 2016 8:20am Sep 4, 2016 8:20am
Sorry Forex Auther
I have to ask you from where we can get that chart . Pl share the link.
  • #438,943
  • Sep 4, 2016 8:38am Sep 4, 2016 8:38am
Quoting ForexAuthor
{quote} Should have done this earlier. {image}
Interesting - have seen similar before - have been researching something similar for a while now, potentially this might not just be a one off according to my research just wondering guessing here but the chart now does not show this ? - will try and get back to you after i arrive in Los Angeles.
  • #438,944
  • Sep 4, 2016 9:22am Sep 4, 2016 9:22am
Cable is in a corrective move southwards, may bounce northwards later from around 1.32400.

KP
Do your homework, follow the footprints of smart money
  • #438,945
  • Sep 4, 2016 9:26am Sep 4, 2016 9:26am
Quoting KeenPips
Cable is in a corrective move southwards, may bounce northwards later from around 1.32400. KP
next week Should go down
email me : pipspro88@gmail
  • #438,946
  • Sep 4, 2016 9:26am Sep 4, 2016 9:26am
Quoting KeenPips
Cable is in a corrective move southwards, may bounce northwards later from around 1.32400. KP
See attached.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Sept._4,_2016_4H_ChartView.png Size: 22 KB
Do your homework, follow the footprints of smart money
  • #438,947
  • Sep 4, 2016 9:31am Sep 4, 2016 9:31am
Quoting zefx
{quote} next week Should go down
Hope so. Technically may not, see attached.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Sept._4,_2016_Weekly_ChartView.png Size: 15 KB
Do your homework, follow the footprints of smart money
  • #438,948
  • Sep 4, 2016 9:36am Sep 4, 2016 9:36am
Quoting dean1star
{quote} Interesting - have seen similar before - have been researching something similar for a while now, potentially this might not just be a one off according to my research just wondering guessing here but the chart now does not show this ? - will try and get back to you after i arrive in Los Angeles.
I think both u and MXT got to the chart, but failed to click on weekly view. Both of you probably looked at 1 DAY chart, and since that spike happened 30 hours ago it won't show on 1 DAY. Cheers.
  • #438,949
  • Sep 4, 2016 10:01am Sep 4, 2016 10:01am
Quoting ForexAuthor
Hey, whats the rate as of now? Also can anyone explain to me why i saw 1.347X on xe.com?
Me too that's why I thought I was up on my 3400 trade
  • #438,950
  • Sep 4, 2016 10:05am Sep 4, 2016 10:05am
Quoting MXT
{quote} cable is @ 1.3289 atm, where did you get that 1.3470 , don't trust just any random source on the web
Xe . Site.I had the same . I was at a wedding and had a quick look at my phone and it was 3470
  • #438,951
  • Sep 4, 2016 10:22am Sep 4, 2016 10:22am
Even xe shown the same. Perhaps it just a glitch
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20160905-005049.png Size: 352 KB
  • #438,952
  • Sep 4, 2016 11:09am Sep 4, 2016 11:09am
1.3470 is spike, now back to closing price, let see if we have the gap tomorrow
  • #438,953
  • Sep 4, 2016 11:23am Sep 4, 2016 11:23am
Quoting KucinkGaronk
1.3470 is spike, now back to closing price, let see if we have the gap tomorrow
I always think that normally when we see spike or dive in such a short time, the highest/lowest point indicate the attempting wave of the direction. Shall we say that point is the direction of the week? Not saying that is true. It just my thought from the glance on the graph. According to all my analysis from last week, gbpusd 'could' go higher than last week high
  • #438,954
  • Sep 4, 2016 12:00pm Sep 4, 2016 12:00pm
Quoting Don96
{quote} well there goes 1.334x... i had 1.3341/2 as my number in there... ill see where im at later, dont have charts in front of me atm
i see above 1.336... targeting 1.349x, longs from around 1.3204 and 1.3186... larger target 1.38x and 1.41

don't expect dollar strength to last... people missing the bigger picture, dollar chart posted here http://www.forexfactory.com/showthre...61#post9117961


also XE is unreliable imo, ive seen these almost every week, check bloomberg if you want before market open prices
  • #438,955
  • Sep 4, 2016 12:29pm Sep 4, 2016 12:29pm
Just put a buy orders in tp 3470 lol I don't think it will get activated with being closed . Let's try and a sell to 3200 10 pop sl
  • #438,956
  • Sep 4, 2016 12:41pm Sep 4, 2016 12:41pm
Was thinking of going long-up to PMI services tomorrow
The only thing that worries me at the moment - is that the UK seems to be getting a bit of a kicking in the G7 meeting
Japanese firms telling the PM that they will relocate to the EU
Obama saying the the UK and behind agreements with the EU and Asia
and EU ministers playing hardball with the UK
PM saying that there may be difficult times ahead

Got to treat this as a sell
Also we have PMI services tomorrow- but would not be surprised if these disappoint
Yes we had great PMI manu and construction - but these were based around the cut in interest rates
Will the same happen to service companies?
Not too sure to be honest
  • #438,957
  • Sep 4, 2016 1:41pm Sep 4, 2016 1:41pm
Quoting Fader123
Was thinking of going long-up to PMI services tomorrow The only thing that worries me at the moment - is that the UK seems to be getting a bit of a kicking in the G7 meeting Japanese firms telling the PM that they will relocate to the EU Obama saying the the UK and behind agreements with the EU and Asia and EU ministers playing hardball with the UK PM saying that there may be difficult times ahead Got to treat this as a sell Also we have PMI services tomorrow- but would not be surprised if these disappoint Yes we had great PMI manu and construction...
Last G7 meeting was back in May.
  • #438,958
  • Sep 4, 2016 1:50pm Sep 4, 2016 1:50pm
Quoting claudia1
{quote} Last G7 meeting was back in May.
I am sure he meant G20. It really seems like UK could be in trouble for next few years.
  • #438,959
  • Sep 4, 2016 2:06pm Sep 4, 2016 2:06pm
Xe has moved up 3302
  • #438,960
  • Sep 4, 2016 8:29pm Sep 4, 2016 8:29pm
#GBPUSD waiting on pound to tell me what it wants to do.....
Attached Image
"W. D. Gann said that time is the most important factor among all things."
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