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Cable Update (GBPUSD)

  • #445,321
  • Nov 9, 2016 11:45am Nov 9, 2016 11:45am
Quoting yuddy
Asia loses it's gains in just 6hrs,phewwww. GJ over 600pips since Asian session
You really think continents loose ?
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  • #445,322
  • Nov 9, 2016 12:06pm Nov 9, 2016 12:06pm
Quoting Nala66
{quote} This is interesting I just plotted the monthly chart to get a handle on the coming year and it looks like we have hit the bottom. Months are too far away for my trading. Maybe someone else has got something similar with a different method {image}
indeed really interesting.. plotted on weekly show currently GU sitting at bottom of channel,
it doesn't mean can't make new low though however at least demand would getting stronger

GU - weekly
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  • #445,323
  • Nov 9, 2016 1:08pm Nov 9, 2016 1:08pm
Gj blew over 800 pips in a day, is this the Trump effect?
  • #445,324
  • Edited 1:28pm Nov 9, 2016 1:16pm | Edited 1:28pm
Trades running see how it plays tomorrow.
Greenback tumbles, watch the Sterling crumble ..
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  • #445,325
  • Nov 9, 2016 1:29pm Nov 9, 2016 1:29pm
Quoting Dalchow
{quote} wanting to deal with a country is one thing being able to another, there is a reason why trade deals take more then a few month and it not only about trading (selling) for the UK it is more about resources that have to be bought in. Sure you can source from other countries, but than again deal take time, infrastructures for this deal have to be build, reliability of trades might be not as good as with proven partners .... there is just a lot of uncertainty on the one hand and on the other hand not much of a plan ... so I think Carney does...
Great comment, well said Dalchow.
  • #445,326
  • Nov 9, 2016 5:09pm Nov 9, 2016 5:09pm
Quoting Nala66
{quote} Mmm see if I look to my 1 hour chart I see nothing determined as yet... in fact we cannot seem to get away from the last DP (Decision Point) but when we do I see good money to be made. {image}
Following From Post 445 249

Well the situation is still holding... updating my 1 hour chart and we are still stuck at the decision point. Despite the elections, rumors and projections.

Joining dots to dots is kindergarten stuff but it seems many have not progressed from such education if indeed they attended in the first place. I have been following this thread for a few months now and have come to the conclusion the stuff herein is utter rubbish, so I am out of here.
  • #445,327
  • Nov 9, 2016 5:45pm Nov 9, 2016 5:45pm
Euro is loosing against $ more than pound do.
Donald likes Brexit and will have a preferred channel of commerce with U.K.. So short euro long cable.
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  • #445,328
  • Nov 9, 2016 7:16pm Nov 9, 2016 7:16pm
GU - H4
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  • #445,329
  • Nov 10, 2016 12:13am Nov 10, 2016 12:13am
Inserted Video
  • #445,330
  • Nov 10, 2016 1:35am Nov 10, 2016 1:35am
EARLY MORNING REPORT
Ubi maior minor cessat
  • #445,331
  • Nov 10, 2016 5:09am Nov 10, 2016 5:09am
Attached Image (click to enlarge)
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Money moves the market, not an indicator.
  • #445,332
  • Nov 10, 2016 5:40am Nov 10, 2016 5:40am
GBP/USD is seen extending its sideline theme in the next 1-3 weeks.
  • #445,333
  • Nov 10, 2016 5:42am Nov 10, 2016 5:42am
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,334
  • Nov 10, 2016 6:11am Nov 10, 2016 6:11am
Short GBP/USD at 124.25
My target is 123.80
It's a big game.
  • #445,335
  • Nov 10, 2016 6:27am Nov 10, 2016 6:27am
.
Quoting Bones
so you can not see that bounced off a tl and top of previous channel top with a healthy bullish candle but then reversed to break that tl from the beginning of the wick ,you think price is going back in there any time soon your wrong be sure to quote me {quote} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,336
  • Nov 10, 2016 6:47am Nov 10, 2016 6:47am
Quoting andexQ
{quote} indeed really interesting.. plotted on weekly show currently GU sitting at bottom of channel, it doesn't mean can't make new low though however at least demand would getting stronger GU - weekly {image}
USD right at monthly resistance..

USDx - monthly
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  • #445,337
  • Nov 10, 2016 6:49am Nov 10, 2016 6:49am
Quoting andexQ
{quote} USDx - monthly {image}
looks like bull flag... but being monthly i doubt it
  • #445,338
  • Nov 10, 2016 6:51am Nov 10, 2016 6:51am
Quoting Don96
{quote} looks like bull flag... but being monthly i doubt it
USD might try hard to cross monthly resistance (black-line), whether it just spike or would continue up.. dunno
  • #445,339
  • Nov 10, 2016 7:04am Nov 10, 2016 7:04am
usdx month


Quoting Bones
usdx went all the way to the bottom of its channel ,Trumps s level speech seemed to spark the rally but that high is not easy {quote} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #445,340
  • Nov 10, 2016 7:11am Nov 10, 2016 7:11am
Quoting andexQ
{quote} USD right at monthly resistance.. USDx - monthly {image}
here i update chart,
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