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Cable Update (GBPUSD)

  • #443,421
  • Oct 11, 2016 7:45pm Oct 11, 2016 7:45pm
Quoting 2012mysterio
{quote} wow wasnt expecting that! That chick is fricken crazy. But she is good! real good. If she spills, say hello to multiple skin graffs, etc.. or worse.. ..where the hell is that vomiting emoji?..
Yeah she's amazing.....I thought she'd mono for 10 seconds max and then she just goes and goes and goes....phew!!!!!

Man wish she was my Woman....LOL

The guy who put this together couldn't have picked a better track, She Sells Sanctuary is one of my all time favs...
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  • #443,422
  • Oct 11, 2016 8:36pm Oct 11, 2016 8:36pm
Cable now looking to go Higher after consolidating gains....A good sign to me that says there will be more gains during Euro/UK session, unless May knifes Cable in the neck again and takes back the love....
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  • #443,423
  • Oct 11, 2016 8:40pm Oct 11, 2016 8:40pm
Quoting HaLBot
Cable now looking to go Higher.....
i dont think so , it will go down more below 1.2200
  • #443,424
  • Oct 11, 2016 8:45pm Oct 11, 2016 8:45pm
Quoting polonoon
{quote} i dont think so , it will go down more below 1.2200
Maybe in the next few days but you gotta take into account the move up today in Asia, that's 181 pips in 90 minutes....that's significant..

Or possibly a start of an upmove that's predicted by Elliot Wave, the fourth wave which defies a trend before completion of a trend with 5th continuing and completing the trend....
I'm not an Elliot Wave analyst but it's just what I read recently...
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  • #443,425
  • Oct 11, 2016 8:58pm Oct 11, 2016 8:58pm
Quoting HaLBot
{quote} Maybe in the next few days but you gotta take into account the move up today in Asia, that's 181 pips in 90 minutes....that's significant.. Or possibly a start of an upmove that's predicted by Elliot Wave, the fourth wave which defies a trend before completion of a trend with 5th continuing and completing the trend.... I'm not an Elliot Wave analyst but it's just what I read recently...
forget about eliot wave and technical because the the GBP is ignoring them few days ago and for gbp 180pips are nothing , it can go now down 300 pips in 1 min and its normal
  • #443,426
  • Oct 11, 2016 9:06pm Oct 11, 2016 9:06pm
Quoting polonoon
{quote} forget about eliot wave and technical because the the GBP is ignoring them few days ago and for gbp 180pips are nothing , it can go now down 300 pips in 1 min and its normal
Yes it can move 300 pips down in a minute but like todays move up there has to be a fundamental reason for it to do so....I don't think technicals will move cable that much...
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  • #443,427
  • Oct 11, 2016 9:23pm Oct 11, 2016 9:23pm
Gbpusd looks good for a long position. What do u all think?
  • #443,428
  • Oct 11, 2016 9:27pm Oct 11, 2016 9:27pm
This pair is unusual.. So quiet
  • #443,429
  • Oct 11, 2016 9:43pm Oct 11, 2016 9:43pm
Quoting mrnicecookie
Gbpusd looks good for a long position. What do u all think?

This move up is expected(if not late) considering the big downward action the last few days.

I don't think it's a good spot to go long. It can easily reverse and crash down further.
  • #443,430
  • Oct 11, 2016 9:47pm Oct 11, 2016 9:47pm
Just a note:

Quoting Lock
19:05 +1GMT Very elongated profile, 4 anomalies (2149-2163, 2219-2224, 2253-2262, 2276-2282) A lot of emotion in this, and maybe an attempt to verify the "all time low" at 1978.
Quoting Lock
{quote} We are balancing below 4 anomalies and then we have 5 anomalies overall included current one 21045-21325. {quote} And this is the third time in a row that price stopped at a round number (this time at 2100) and this could mean only a thing: those who are selling this are weak hands because weak hands only use such referenches to trade, placing automatic active and passive stops at these levels.
Quoting Lock
So watch out. It could continue lower but you should know who is controlling the market.
04:43 +1GMT
2149-2163, 2219-2224, 2253-2262, 2276-2282 all taken out, US pit liquidation fully retraced.
Ubi maior minor cessat
  • #443,431
  • Oct 11, 2016 9:48pm Oct 11, 2016 9:48pm
Quoting mrnicecookie
This pair is unusual.. So quiet
Spoke too soon lol
  • #443,432
  • Oct 11, 2016 9:53pm Oct 11, 2016 9:53pm
Quoting 2012mysterio
{quote} wow wasnt expecting that! That chick is fricken crazy. But she is good! real good. If she spills, say hello to multiple skin graffs, etc.. or worse.. ..where the hell is that vomiting emoji?..
I found out who she is, her name is Raye Chung and she has a youtube channel call Smash Stunts...what we see in the bridge mono is just a fraction of what she can do on a bike..

Heres another clip going over the bridge with no music...

Inserted Video
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  • #443,433
  • Oct 11, 2016 9:56pm Oct 11, 2016 9:56pm
I am the number 1
#1http://assets.forexfactory.net/nfs/c...ar220784_1.gif mkshoaib
#2http://assets.forexfactory.net/nfs/c...ar462283_1.gif rulisas
#3http://resources.forexfactory.net/im...ault_16x16.png Bama
#4http://assets.forexfactory.net/nfs/c...ar468255_3.gif skalptrade
#5http://resources.forexfactory.net/im...ault_16x16.png Vaishnav
  • #443,434
  • Oct 11, 2016 10:06pm Oct 11, 2016 10:06pm
Quoting mkshoaib
I am the number 1 #1{image} mkshoaib #2{image} rulisas #3{image} Bama #4{image} skalptrade #5{image} Vaishnav
I only consider Live accounts myself....I kill a demo account but Live account is so much harder because you have to overcome your own fear and greed.
But good luck if you can replicate that in a live account...I will become one of your students....
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  • #443,435
  • Oct 11, 2016 10:10pm Oct 11, 2016 10:10pm
So I go to the toilet in the middle of the night, come back and see cable having jumped up like this... really...Asian session is starting to look really annoying. Im most definitely getting rid of all pendin orders by end of US session.
  • #443,436
  • Oct 11, 2016 10:13pm Oct 11, 2016 10:13pm
Quoting USD-charts
So I go to the toilet in the middle of the night, come back and see cable having jumped up like this... really...Asian session is starting to look really annoying. Im most definitely getting rid of all pendin orders by end of US session.
There was probably buyers lining up after such a big fall ready to pounce under the right circumstances and PM May gave them the ammunition saying she is going to allow parliment a vote regarding Brexit terms...

http://www.bloomberg.com/news/articl...r-brexit-terms
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  • #443,437
  • Oct 11, 2016 10:26pm Oct 11, 2016 10:26pm
This move up of 222 pips has been over about 6 hours and if Cable doesn't retreat from here, it will be the biggest Bullish move since 14th July, I'd like to see it reach 2400 this coming Euro/UK session and right now there is no reason why it shouldn't...
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  • #443,438
  • Oct 11, 2016 10:39pm Oct 11, 2016 10:39pm
Quoting Sammih
sell limit 2291 SL 2341 TP 2128

This was fantastic analysis...

How did you done this. ?

If you have pls explain ..

Thank you...
  • #443,439
  • Oct 11, 2016 11:11pm Oct 11, 2016 11:11pm
Quoting HaLBot
This move up of 222 pips has been over about 6 hours and if Cable doesn't retreat from here, it will be the biggest Bullish move since 14th July, I'd like to see it reach 2400 this coming Euro/UK session and right now there is no reason why it shouldn't...

are you nuts?? biggest bullish move. it is a short covering and gbp has several resistances to cross
  • #443,440
  • Edited 11:36pm Oct 11, 2016 11:21pm | Edited 11:36pm
Quoting giveachance
{quote} are you nuts?? biggest bullish move. it is a short covering and gbp has several resistances to cross
Hey I may be nuts but that's between me and my shrink....LOL

Maybe you didn't read my post thoroughly......I said "if Cable doesn't retreat from here" also as in earlier post it was due to PM May saying something the markets wanted to hear...

http://www.bloomberg.com/news/articl...r-brexit-terms

http://news.forexlive.com/!/forexliv...2-oct-20161012
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