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Cable Update (GBPUSD)

  • #446,701
  • Dec 16, 2016 12:19pm Dec 16, 2016 12:19pm
yeah Aston def ,I love german cars

Quoting Derivative92
{quote} I think we Brits make better cars, Bones... Rather be sitting in a Rolls, Bentley or Aston than any Audi!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,702
  • Dec 18, 2016 3:03am Dec 18, 2016 3:03am
This is big talk....!!!!!!

SNP Brexit minister says Scotland will stay in single market even if UK doesn't after leaving the EU

http://www.independent.co.uk/news/uk...-a7481771.html
  • #446,703
  • Edited 11:06pm Dec 18, 2016 6:19am | Edited 11:06pm
think about this how far in advance the big players project ,with all the ups and downs the end was the same
essentially shows just how fractal this is
there's no way in my mind a retail trader could see it fundamentally
actually way off just how bearish that was


Quoting Bones
6 month shooting star gbp aud ,I will stay bear first half of year ,most likely at least 1k to downside {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: AUD 6 month (DFB).png Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,704
  • Dec 18, 2016 6:24am Dec 18, 2016 6:24am
after a year small cross in that location huge fall against the trend
below the previous
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: JPY year (DFB).png Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,705
  • Edited 11:05pm Dec 18, 2016 6:37am | Edited 11:05pm
we can draw from the actual close bottom up monthly suggest a lower wick with superb demand
having said that I could see lower with the actual low and within that 1985 wick a major obstacle
fundamental will line up with the chart on any time frame
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD (DFB).png Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,706
  • Edited 7:12am Dec 18, 2016 6:45am | Edited 7:12am
nutshell you can not wish for flash 2 in this situ right now realistically
look at the flash candle that allowed it price before -open
I put price centre of probable range going forward
a bear candle next would take us to low under that close prior further as before when a open like that failed
this last open has the backup of the wick
bullish maybe back up to first gap around 13
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USD monthly 2 (DFB).png Size: 40 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,707
  • Dec 18, 2016 4:32pm Dec 18, 2016 4:32pm
As long as demand holds below be looking for supply above
Attached Image (click to enlarge)
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  • #446,708
  • Dec 18, 2016 10:43pm Dec 18, 2016 10:43pm
Inserted Video
  • #446,709
  • Dec 18, 2016 10:48pm Dec 18, 2016 10:48pm
The pair seems lack of directional strength, but still in the negative territory as long as the price kept below 1.2570 zone.
  • #446,710
  • Dec 18, 2016 11:34pm Dec 18, 2016 11:34pm
16/12/19 MONDAY 08:27+1GMT (edited untill 08:33)
EARLY MORNING REPORT
Ubi maior minor cessat
  • #446,711
  • Dec 19, 2016 1:18am Dec 19, 2016 1:18am
The pair was very much into steady mode as the week is just under way and all the preparation for holiday is kicking in, it will be interesting to see where it lands, but there can’t be too much movement expected out there.
Attached Image (click to enlarge)
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  • #446,712
  • Dec 19, 2016 2:55am Dec 19, 2016 2:55am
Quoting ahmedfouad77
This is big talk....!!!!!! SNP Brexit minister says Scotland will stay in single market even if UK doesn't after leaving the EU http://www.independent.co.uk/news/uk...-a7481771.html

Really?
Attached Image
  • #446,713
  • Dec 19, 2016 3:17am Dec 19, 2016 3:17am
Above 1.2445, likely advance to 1.2510 & 1.2570 in extension. Alternatively, below 1.2445, look for further downsides with 1.2410 & 1.2385 (Dec 16 low) as targets.
  • #446,714
  • Dec 19, 2016 3:33am Dec 19, 2016 3:33am
Quoting Bones
British are the best traders maybe that would work if this was super bearish at this point Germans make great cars lol {quote}
Not a bad trade to wake up to!
  • #446,715
  • Dec 19, 2016 3:52am Dec 19, 2016 3:52am
Quoting Devonsent
{quote} Really? {image}
You're forgetting how much the continentals love Irn Bru, haggis and shortcake.
  • #446,716
  • Dec 19, 2016 4:08am Dec 19, 2016 4:08am
Quoting Dr.Zain
Above 1.2445, likely advance to 1.2510 & 1.2570 in extension. Alternatively, below 1.2445, look for further downsides with 1.2410 & 1.2385 (Dec 16 low) as targets.
First downside target achieved I c 2410...
  • #446,717
  • Dec 19, 2016 4:11am Dec 19, 2016 4:11am
Quoting Derivative92
{quote} You're forgetting how much the continentals love Irn Bru, haggis and shortcake.
Disregardingthe fact that there's not a man alive outside Scotland (who's not a Scot) who likes Irn Bru, I doubt that the EU would like it to the tune of £150bn and rising.
(I'm joking ahbout the Irn Bru!)
  • #446,718
  • Dec 19, 2016 4:32am Dec 19, 2016 4:32am
Quoting Devonsent
{quote} Disregardingthe fact that there's not a man alive outside Scotland (who's not a Scot) who likes Irn Bru, I doubt that the EU would like it to the tune of 150bn and rising. (I'm joking ahbout the Irn Bru!)
All I'm saying is Merkel should consider the £50,000 annual exports which are highly in demand!!
  • #446,719
  • Dec 19, 2016 4:35am Dec 19, 2016 4:35am
Quoting Devonsent
{quote} Disregardingthe fact that there's not a man alive outside Scotland (who's not a Scot) who likes Irn Bru, I doubt that the EU would like it to the tune of 150bn and rising. (I'm joking ahbout the Irn Bru!)
Amid this humour I'm ashamed to say I just saw this in the corner of my desk!! I must be the only chap outside Scotland Haha
Attached Image (click to enlarge)
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  • #446,720
  • Dec 19, 2016 4:52am Dec 19, 2016 4:52am
Hi guys, enjoying the banter! but on a mini-serious note, I am short on this and so far around 60 pips in green, but i am targeting 1.23840. Looks like it will reach that area, any ideas?
Learn something new everyday.
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