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Cable Update (GBPUSD)

  • #447,941
  • Jan 25, 2017 9:52pm Jan 25, 2017 9:52pm
Quoting jpcashflow
looks like the whole UK saga is settling...
What do you mean?
  • #447,942
  • Jan 25, 2017 10:00pm Jan 25, 2017 10:00pm
theres no such thing as sofware that can beat the market apart from my own BONESOMETER
now on version 6.4


Quoting Mr Breakout
{quote} I've heard that FX brokers can close your account (and keep your winnings) if you use that type of software to outsmart them. Remember, legally you are not allowed to use any kind of software to cheat on your broker. Also, keep in mind that brokers have all kind of software that automatically detect suspicious activities, especially if you suddenly start winning "too often" around news events...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,943
  • Jan 25, 2017 10:02pm Jan 25, 2017 10:02pm
thats 6.4 time's better than the original
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,944
  • Jan 25, 2017 10:03pm Jan 25, 2017 10:03pm
Quoting Bones
theres no such thing as sofware that can beat the market apart from my own BONESOMETER now on version 6.4 {quote}
If you say so.
  • #447,945
  • Jan 25, 2017 10:03pm Jan 25, 2017 10:03pm
yea here it is
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,946
  • Jan 25, 2017 10:10pm Jan 25, 2017 10:10pm
ive had a couple of nasty e mails from my broker about it threats you know
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,947
  • Jan 25, 2017 10:12pm Jan 25, 2017 10:12pm
Quoting Bones
yea here it is {image}
You should try and sell it to HSBC, Barclays or Lloyds bank then, and become an instant billionaire...

If not try Gordon Gekko, he would love to have that type of software.
  • #447,948
  • Jan 25, 2017 10:28pm Jan 25, 2017 10:28pm
last 2 GDP beat estimates ,
data been green some time I wonder if markets betting on that as very green
its completely overbought
daily, weekly looks very bullish
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,949
  • Jan 25, 2017 10:36pm Jan 25, 2017 10:36pm
Quoting Mr Breakout
{quote} Looks like GBP/NZD is trying to close the gap.
Yep, GBP/NZD finally closed that gap and that down move after the NZD CPI was a fake.

I mentioned earlier that GBP/USD does not respect trendlines and other chart patterns.

GBP/NZD, on the other hand, does not respect ANYTHING, period!

I mean don't even try to understand its behavior, you will end up in the mad house in no time.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd.png Size: 144 KB
  • #447,950
  • Jan 25, 2017 10:43pm Jan 25, 2017 10:43pm
you can cross ref that number on the chart ,blue line with the halt
Attached Image (click to enlarge)
Click to Enlarge Name: NZD (DFB).png Size: 17 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,951
  • Jan 25, 2017 10:47pm Jan 25, 2017 10:47pm
Quoting Bones
l it's completely overbought
There is no such thing as an overbought or oversold market.

"Overbought" markets can continue to be overbought from a long, long, long time, long enough to ruin any stubborn short seller in the process.
  • #447,952
  • Jan 25, 2017 10:51pm Jan 25, 2017 10:51pm
there is such a thing I use it
but I know its limitations on that you're right
I don't think this time market cares one bit GBP is undervalued
Super May put the market at ease on what drove it to these levels
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,953
  • Jan 25, 2017 10:53pm Jan 25, 2017 10:53pm
this woman's not to be messed with which is exactly what we need right time right place
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,954
  • Jan 25, 2017 11:06pm Jan 25, 2017 11:06pm
heres the thing ive noticed on H4 ,one thing about overbought is you cant afford any bearish sign ,if GDP is good that line will go which w1 says
or reset tl will hold
Attached Image (click to enlarge)
Click to Enlarge Name: USD (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #447,955
  • Jan 25, 2017 11:20pm Jan 25, 2017 11:20pm
I have just one support today...don't know if I take it, think I have one on GBPJPY which is sneakier...also I'm very hung over...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 43 KB
Look Sharp/Trade Tight
  • #447,956
  • Jan 25, 2017 11:25pm Jan 25, 2017 11:25pm
Bones, you are using so many time frames that it's hard to keep up.

How you manage to juggle between the 1h, 4h, daily and weekly charts and still trade without any confusion is a mystery for me.
  • #447,957
  • Jan 25, 2017 11:31pm Jan 25, 2017 11:31pm
GBPJPY...looks sneakier...and meaner...anyway, only two levels for me today...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 69 KB
Look Sharp/Trade Tight
  • #447,958
  • Jan 25, 2017 11:37pm Jan 25, 2017 11:37pm
Quoting PayTheLimit
...also I'm very hung over... {image}
Uh-uh.

Drink a lot of Seltzer water and eat fat food, like greasy hamburgers or sausages, that should help.

GBP/JPY you said?

I am waiting for a pullback to 143.10 to buy. It's going to touch that level and go up, watch...
  • #447,959
  • Jan 25, 2017 11:45pm Jan 25, 2017 11:45pm
Quoting Mr Breakout
{quote} Uh-uh. Drink a lot of Seltzer water and eat fat food, like greasy hamburgers or sausages, that should help. GBP/JPY you said? I am waiting for a pullback to 143.10 to buy. It's going to touch that level and go up, watch...
coffee to start..but good call on the water..should of had more last night...

I don't mind 143.10, but with a new high first...otherwise I think the pullback is a little deeper...
Look Sharp/Trade Tight
  • #447,960
  • Jan 25, 2017 11:51pm Jan 25, 2017 11:51pm
Quoting Noors
{image} Look at how the blue zone played out... break.. wait for retest and buy {image}
If anyone was following this good job! I mentioned earlier about the blue zone that I would only take a long after it has broken that zone...

You can clearly see it broke up then you wait for the retest and buy from there SL 10 pips under lower blue zone level - perfect entry - exit was at my level above.
R:R 2:1
Attached Image (click to enlarge)
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