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Cable Update (GBPUSD)

  • #446,881
  • Dec 30, 2016 4:53am Dec 30, 2016 4:53am
Quoting iamawaited
{quote} WOW!!! This is Huge!!! and it is a wave 5 and 2 combo... meaning a huge up spike is on the way.. maybe though.. lets see.. the 5,2 combo moves with speed and even more speed when it is on a bigger TF. The way it works... 5 ends the downtrend on the chart and 2 starts the uptrend i forsee 1.3XXX .. will be happy with 1.27XX though.. lets see what happens next week.. BYE! {image}
Dude, where's that Green Fib. going ? In the Sky ??
Losers Hope, Winners Believe
  • #446,882
  • Dec 30, 2016 5:26am Dec 30, 2016 5:26am
GBPUSD has still its strong Up trend... as we speaking, confirmed by ADX on M15 chart that trend are not exhausted

Daily Technical Analysis - Investopedia

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It is the dust where you came from & it is the dust where you shall return
  • #446,883
  • Edited 2:08pm Dec 30, 2016 1:54pm | Edited 2:08pm
Ladies and Gentlemen Welcome to the end of the 2016 forex market session. It was tough for some, rough for some. And for some it was awesome. Some accounts were blown, don't be discouraged pals. come back wiser, sharper and with better tools for the game. To those of you that added more digits to their equity peecentage, congrats and endeavour to share your strategies.
Next Year's FX mkt will open on the first day of the new year, quite a pretty coincidence. I wish you all, a prosperous pip filled new year ahead.
  • #446,884
  • Dec 30, 2016 3:12pm Dec 30, 2016 3:12pm
Happy 2017 cable traders
  • #446,885
  • Dec 30, 2016 4:50pm Dec 30, 2016 4:50pm
Quoting _BBKing_
...The 1.24 area is where i expect price to close the year. Eventually a move to 1.22 area will allow market to test orders there. .....
Missed yearly close by 50pips
90% of traders use TA, indicators and prediction
  • #446,886
  • Dec 31, 2016 12:50am Dec 31, 2016 12:50am
GBP took a huge hit in 2016, in 2017 look out for this pair around late spring (March) for further Brexit details that will definitely cause a lot of volatility.
TE started 6/4/19
  • #446,887
  • Dec 31, 2016 2:26am Dec 31, 2016 2:26am
LAST day of this year, is leaving us
With all good & bad memories of the this year
GOOD BYE 2016 and Welcome to New Year 2017,

......................................................................HAPPY NEW YEAR, Friends................................................................
One Day U Will Miss me!
  • #446,888
  • Dec 31, 2016 10:20am Dec 31, 2016 10:20am
Neutral at this time.
  • #446,889
  • Jan 1, 2017 3:48am Jan 1, 2017 3:48am
Quoting infernal199
GBPUSD has still its strong Up trend... as we speaking, confirmed by ADX on M15 chart that trend are not exhausted Daily Technical Analysis - Investopedia {image}
Hi, Thanks for this link. Do you have any experience with London breakout and this signal on say M15 and H1? And also, when are they updated?
  • #446,890
  • Jan 1, 2017 7:01am Jan 1, 2017 7:01am
Quoting shimmering
{quote} Hi, Thanks for this link. Do you have any experience with London breakout and this signal on say M15 and H1? And also, when are they updated?
As you are saying... I guess session wise update would be great
It is the dust where you came from & it is the dust where you shall return
  • #446,891
  • Jan 1, 2017 8:06am Jan 1, 2017 8:06am
price did not want to take that open/wick on month bearish bias to kick off but weekly suggest it may want little higher first
weekly fail outright week 1 could dictate next month
super similar to last range/side above which ended continuation
just like to see it within the wick or sell higher ill monitor all important open week

Quoting Bones
bearish week from the off the high looking super strong only a bullish week could slow it , would have to open bullish from that month open don't see the drivers for the next holiday week on the calendar ,but I've seen moves start on these weeks {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,892
  • Jan 1, 2017 8:17am Jan 1, 2017 8:17am
usd cad im confident still this is not strong up compared to down ,
a correction
the major tl hasnt been touched these 2 candles last can be bearish
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,893
  • Edited 9:09am Jan 1, 2017 8:31am | Edited 9:09am
maybe inflation will be a problem I see we are at res oil but ill stay bullish
Eur Gbp very unusual for chart I have very bearish I put this down to potential election results
id rather sell eur or aud on a Q outlook
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Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,894
  • Jan 1, 2017 8:46am Jan 1, 2017 8:46am
im not selling cad at all aud cad looks bearish to me
that correction could be wiped in a heart beat UC

Quoting Bones
usd cad im confident still this is not strong up compared to down , a correction the major tl hasnt been touched these 2 candles last can be bearish {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #446,895
  • Jan 1, 2017 11:04am Jan 1, 2017 11:04am
There is a good possibility that GBPUSD will start down again as price has "turncoat resistance" on both 4H & Daily chart

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It is the dust where you came from & it is the dust where you shall return
  • #446,896
  • Jan 1, 2017 4:51pm Jan 1, 2017 4:51pm
Quoting infernal199
There is a good possibility that GBPUSD will start down again as price has "turncoat resistance" on both 4H & Daily chart {image} {image}
Beware that "turngoat" resistances are 200 , 300 and 500 pips higher.
Just saying.
90% of traders use TA, indicators and prediction
  • #446,897
  • Jan 1, 2017 5:45pm Jan 1, 2017 5:45pm
Quoting _BBKing_
{quote} Beware that "turngoat" resistances are 200 , 300 and 500 pips higher. Just saying.
A"Goat" in a "Coat" ?
Come with me if you want to live....
  • #446,898
  • Jan 1, 2017 9:17pm Jan 1, 2017 9:17pm
Quoting _BBKing_
{quote} Beware that "turngoat" resistances are 200 , 300 and 500 pips higher. Just saying.
yup... but this is the current situation we have
It is the dust where you came from & it is the dust where you shall return
  • #446,899
  • Jan 1, 2017 9:40pm Jan 1, 2017 9:40pm
Year 2017 is all about Brexit and will very likely keep Pound still under pressure, upside strength seems limited at 1.2390/80 zone.
  • #446,900
  • Jan 1, 2017 9:54pm Jan 1, 2017 9:54pm
Is year 2017 really going to be better than year 2016? I wonder. Just remember Trump is actually going to become president from 20th January this year.
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