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Cable Update (GBPUSD)

  • #441,321
  • Sep 24, 2016 4:51am Sep 24, 2016 4:51am
GBP/USD POLL
Interested to see what price some thinks will be first

1.2790 OR 1.3250
  • #441,322
  • Sep 24, 2016 5:00am Sep 24, 2016 5:00am
286 up or 170 down seems weighted your vote ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,323
  • Sep 24, 2016 5:06am Sep 24, 2016 5:06am
Quoting Bones
286 up or 170 down seems weighted your vote ?
imho we probably won't break "post brexit" lows just yet , i think we will stay in current post brexit range atleast until us data improves and hiking in dec is surefire, and im the Poll master so I can choose whatever prices i want lol
  • #441,324
  • Sep 24, 2016 5:20am Sep 24, 2016 5:20am
Quoting FxProsper
{quote} imho we probably won't break "post brexit" lows just yet , i think we will stay in current post brexit range atleast until us data improves and hiking in dec is surefire, and im the Poll master so I can choose whatever prices i want lol
Mention the words singular or plural post and brexit and some people might just get a bit touchy around here .. lol
Mention them together and their pmt cycles might just start rising .. again
  • #441,325
  • Sep 24, 2016 5:29am Sep 24, 2016 5:29am
Quoting dean1star
{quote} Mention the words singular or plural post and brexit and some people might just get a bit touchy around here .. lol Mention them together and their pmt cycles might just start rising .. again
Hahah i have no offensive intention, do the jews still flinch when the hollucast is mentioned? No they dont. Thats probably only fuel on the fire. 2 prices , one answer please. I think yesterday already took some "weight out of the bottom potential" thats why the prices seem weighted.
  • #441,326
  • Edited 6:03am Sep 24, 2016 5:49am | Edited 6:03am
I think I'm right it forgot the tl ,therefore side /up not to the low only depends on open
my vote counts as 10 because i put reason to it

http://www.forexfactory.com/showthre...09#post9156209

Quoting Bones
that channel on d1 ,make sure d1 breaks for long, weekly could b doji then could be down tl life =limited {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #441,327
  • Sep 24, 2016 5:50am Sep 24, 2016 5:50am
Quoting Don96
{quote} lovely. EU i feel is always safer and you can have a tighter stop loss... I would love a buy on EU... i think the double bottom at 1.1120 was a perfect buy... EG 0.8678/0.870002 look perfect for a sell.. also looks to be heading into HS pattern, GBP looks to be wanting a gain... EU rise against dollar along with GU rising id also like a sell on EG
those 2 EG numbers i posted... EG hit perfectly at 0.8678... i prefer the higher number, i missed the 1st one...
GBP didnt touch 1.2911/2... yet if it does ill add a long
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  • #441,328
  • Sep 24, 2016 5:50am Sep 24, 2016 5:50am
Quoting Bones
I think I'm right it forgot the tl ,therefore up not to the low only depends on open my vote counts as 10 because i put reason to it {quote} {image}
  • #441,329
  • Sep 25, 2016 9:55am Sep 25, 2016 9:55am
Bullish, bullish, bullish!
  • #441,330
  • Sep 25, 2016 10:00am Sep 25, 2016 10:00am
Don't get carried away on GBPUSD, fundamentals are looking ominous on article 50 and back n forth war of words btw boris johnson Vs EU leaders.

1.2870-1.2998 range expected for start of the week(1-2days)

http://www.cnbc.com/2016/09/24/why-b...as-leader.html
Scoobi doobi doo
  • #441,331
  • Sep 25, 2016 10:39am Sep 25, 2016 10:39am
Quoting FxProsper
{quote} Hahah i have no offensive intention, do the jews still flinch when the hollucast is mentioned? No they dont. Thats probably only fuel on the fire. 2 prices , one answer please. I think yesterday already took some "weight out of the bottom potential" thats why the prices seem weighted.
Personally expecting the price to go lower for a few reasons, time of the month, the trend so far plus others.
The rest fellow trader is history. Btw i had to go to the Polish camp that people dont seem to talk about much twice (media) - eerie place. Question always raised was it eerie because we thought so or was it eerie because of what went on. Answer always the same neither it was just plain fcking scary.
  • #441,332
  • Sep 25, 2016 1:46pm Sep 25, 2016 1:46pm
Quoting dean1star
{quote} Personally expecting the price to go lower for a few reasons, time of the month, the trend so far plus others. The rest fellow trader is history. Btw i had to go to the Polish camp that people dont seem to talk about much twice (media) - eerie place. Question always raised was it eerie because we thought so or was it eerie because of what went on. Answer always the same neither it was just plain fcking scary.

Agree 79% of retail traders are long gbpusd (SSI ratio of longs to shorts is 3.7337) better watch out below:

Attached Image
Scoobi doobi doo
  • #441,333
  • Sep 25, 2016 1:54pm Sep 25, 2016 1:54pm
Quoting dean1star
{quote} Personally expecting the price to go lower for a few reasons, time of the month, the trend so far plus others. The rest fellow trader is history. Btw i had to go to the Polish camp that people dont seem to talk about much twice (media) - eerie place. Question always raised was it eerie because we thought so or was it eerie because of what went on. Answer always the same neither it was just plain fcking scary.
I can see reasons for the price going both ways, time will tell but for me the risk seems greater to the upside on the short term for now altleast subject to obvious developments ofcourse
  • #441,334
  • Sep 25, 2016 2:41pm Sep 25, 2016 2:41pm
IMO:
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #441,335
  • Sep 25, 2016 4:18pm Sep 25, 2016 4:18pm
I am bearish on GBPUSD for the week. Here's why:

This pair scored B+ overall on my system. On the weekly time frame, the pair has maintained a bearish tone since March 2008 without breaking the market structure even though this was tested with a retracement between 2013 and 2014 but terminated at the 50.0 Fib in July 2014. Since then, the market on this pair has maintained its displacement southwards. All the technicals on the 4H time frame support a bearish disposition.

Check weekly technical analyses for more details on this pair and a few others.

I may be wrong. Trade safe.

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Do your homework, follow the footprints of smart money
  • #441,336
  • Sep 25, 2016 8:01pm Sep 25, 2016 8:01pm
The pair may extend further decline this week after the corrective pulled back against 1.300 level.
  • #441,337
  • Sep 25, 2016 8:24pm Sep 25, 2016 8:24pm
Quoting csc2009
The pair may extend further decline this week after the corrective pulled back against 1.300 level.
Thinking the same
Come with me if you want to live....
  • #441,338
  • Sep 26, 2016 1:04am Sep 26, 2016 1:04am
long bulis
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  • #441,339
  • Sep 26, 2016 1:23am Sep 26, 2016 1:23am
Quoting KeenPips
I am bearish on GBPUSD for the week. Here's why: This pair scored B+ overall on my system. On the weekly time frame, the pair has maintained a bearish tone since March 2008 without breaking the market structure even though this was tested with a retracement between 2013 and 2014 but terminated at the 50.0 Fib in July 2014. Since then, the market on this pair has maintained its displacement southwards. All the technicals on the 4H time frame support a bearish disposition. Check weekly...
Rather eloquent KP...
Come with me if you want to live....
  • #441,340
  • Sep 26, 2016 1:48am Sep 26, 2016 1:48am
Quoting csc2009
The pair may extend further decline this week after the corrective pulled back against 1.300 level.
Seems like the way - if you were in at the top which direction would you be pushing and why - You got next month to buy em all back again - month after even .. then its almost xmas time and another year done and dusted ..
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