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Cable Update (GBPUSD)

  • #450,701
  • Mar 7, 2017 12:53pm Mar 7, 2017 12:53pm
Tomorrow's 2017 Budget announcement by councillor Phillip Hammond should create volatility among GBP.

Here are a few topics which will be discussed - Key points highlighted in bold

- Funding of Grammar schools
- Price of cigarettes
- Social care budget
- Getting young people into higher skilled jobs
- Better consumer protection when it comes to subscription fees
- Tax hike for the self-employed
- Price of a pint
- Price of fuel
- Business rates
- Stamp duty
- Pensions
- Rural broadband boost
"If you are not long, that doesn't mean you have to be short"
  • #450,702
  • Mar 7, 2017 12:53pm Mar 7, 2017 12:53pm
Btw. where is Bones ??

Waiting till his Long charts are actual again or went missing in action ??

How to opt out annoying user signatures ??
  • #450,703
  • Mar 7, 2017 12:58pm Mar 7, 2017 12:58pm
Quoting digger1
{quote} Guess they must have been serious, thats bout 4 years before this thread was started ,,,, just saying
-------
shy 1 yr , my bad
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da n0o0b + $hit_Disturber
  • #450,704
  • Mar 7, 2017 12:58pm Mar 7, 2017 12:58pm
Quoting pipsy7
{quote} ------- sooo why Not use PM's
Realy
  • #450,705
  • Mar 7, 2017 1:00pm Mar 7, 2017 1:00pm
Quoting digger1
{quote} Guess they must have been serious, thats bout 4 years before this thread was started ,,,, just saying
Hey Dig I am just going to pm you
  • #450,706
  • Mar 7, 2017 1:04pm Mar 7, 2017 1:04pm
Quoting elbert3
{quote} Hey Dig I am just going to pm you
lol,,, pipsy ya want some scalp levels buy 2186 or better and tgt 2220 ,, ya know if dont leave for years again , otherwise if ya thinks its time to leave you know what they say dont let the door hit ah never mind
  • #450,707
  • Mar 7, 2017 1:06pm Mar 7, 2017 1:06pm
All started with this !!





Quoting Qu|cksilver
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
https://www.forexfactory.com/showthread.php?t=10378




11 years later, i would say,





yes bearisch..
How to opt out annoying user signatures ??
  • #450,708
  • Mar 7, 2017 1:14pm Mar 7, 2017 1:14pm
Quoting Toranaga
All started with this !! {quote} https://www.forexfactory.com/showthread.php?t=10378 11 years later, i would say, yes bearisch..
lol, yea a little drop since then, course a good run up before the drop, o6 o7 and 11 months of 08 was good for the gbp
  • #450,709
  • Mar 7, 2017 1:16pm Mar 7, 2017 1:16pm
According to this man GBPUSD can go to 0.95...

GBP/USD could test 0.95 in two years

Inserted Video
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #450,710
  • Mar 7, 2017 1:17pm Mar 7, 2017 1:17pm
Quoting digger1
{quote}lol,,, pipsy ya want some scalp levels buy 2186 or better and tgt 2220 ,, ya know if dont leave for years again , otherwise if ya thinks its time to leave you know what they say dont let the door hit ah never mind
Or sell it to 2123 I remember 1.2145 was a hard one ? Have to take a look .but on a serious note weekly tl . And we can put your combine on it ?? B
  • #450,711
  • Mar 7, 2017 1:36pm Mar 7, 2017 1:36pm
Quoting elbert3
{quote} Or sell it to 2123 I remember 1.2145 was a hard one ? Have to take a look .but on a serious note weekly tl . And we can put your combine on it ?? B
It will probably get there just dont think it will be quite from here or right now ,,, , got a decent daily level , it was used as resistance once now its got above it and using it for support ,,, minor support lol anything is possible
  • #450,712
  • Mar 7, 2017 1:39pm Mar 7, 2017 1:39pm
Quoting digger1
{quote} lol, yea a little drop since then, course a good run up before the drop, o6 o7 and 11 months of 08 was good for the gbp
Just read your pm back thanks . If you look at the top 2.010 ish the 1.750 1.5000 Brit then fail 1.270 bottom let's say 1.200 so the trend is 1.075 ?? If the weekly tl fails if it holds we I'll be looking to trade the day over 10 ema and cross 20 ema but carefull of 50 ema it's been the killer on the daily . Put them on and take a look . B
  • #450,713
  • Mar 7, 2017 1:49pm Mar 7, 2017 1:49pm
Quoting elbert3
{quote} Just read your pm back thanks . If you look at the top 2.010 ish the 1.750 1.5000 Brit then fail 1.270 bottom let's say 1.200 so the trend is 1.075 ?? If the weekly tl fails if it holds we I'll be looking to trade the day over 10 ema and cross 20 ema but carefull of 50 ema it's been the killer on the daily . Put them on and take a look . B
K, I still think a pop and retest of the quarterly open is going to happen , nfp week could be the catalysts ,,,,,, atm tho chart daily L4 holding so far usually if it dont stay below price will chop back towards day open or do not much of anything ,,,,,,,,2220 good weekly resistance with last weeks low in the area much bigger resistance than where its at,,,,,,,,,, got the ingredients for a little pop to those levels , may just be a slow grind tho
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  • #450,714
  • Mar 7, 2017 2:07pm Mar 7, 2017 2:07pm
Watching 2203 here for a trade
  • #450,715
  • Mar 7, 2017 2:10pm Mar 7, 2017 2:10pm
Quoting digger1
{quote} K, I still think a pop and retest of the quarterly open is going to happen , nfp week could be the catalysts ,,,,,, atm tho chart daily L4 holding so far usually if it dont stay below price will chop back towards day open or do not much of anything ,,,,,,,,2220 good weekly resistance with last weeks low in the area much bigger resistance than where its at,,,,,,,,,, got the ingredients for a little pop to those levels , may just be a slow grind tho {image}
Like you 2230 breakout with supporting emas a great entry trade there nice chart Dig
  • #450,716
  • Mar 7, 2017 2:15pm Mar 7, 2017 2:15pm
Quoting elbert3
{quote} Like you 2230 breakout with supporting emas a great entry trade there nice chart Dig
lol, they help a blind squirrel find a nut every now and then
  • #450,717
  • Mar 7, 2017 2:52pm Mar 7, 2017 2:52pm
Quoting digger1
{quote} lol, they help a blind squirrel find a nut every now and then
Sometimes you don't have to dig nuts up they just appear lol
  • #450,718
  • Mar 7, 2017 3:49pm Mar 7, 2017 3:49pm
Quoting elbert3
{quote} Sometimes you don't have to dig nuts up they just appear lol
lol, for sure , careful loading shorts down here for a bit anyway , see if it trades above the next open ,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,, very measured moves down ,,,,,,,, 8 hour stoch wanting to turn up , know after the close if it does or not , could chop up with measured moves the same way up as it came down with the stoch posted , see that a lot with big news weeks , just have to pop it into some major resistance to coincide with nfp , just to muddy the waters lol cheers.
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  • #450,719
  • Mar 7, 2017 4:18pm Mar 7, 2017 4:18pm
Quoting digger1
{quote} lol, for sure , careful loading shorts down here for a bit anyway , see if it trades above the next open ,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,, very measured moves down ,,,,,,,, 8 hour stoch wanting to turn up , know after the close if it does or not , could chop up with measured moves the same way up as it came down with the stoch posted , see that a lot with big news weeks , just have to pop it into some major resistance to coincide with nfp , just to muddy the waters lol cheers. {image}
Are you sure your only a farmer ? And not an undercover fx dealer lol
  • #450,720
  • Mar 7, 2017 4:26pm Mar 7, 2017 4:26pm
Quoting elbert3
{quote} Are you sure your only a farmer ? And not an undercover fx dealer lol
Lol, paid enough fx dealers thousands,,,, I like getting a little back , 8 hour is turned up atm,,,,, little ad lib chart drawing ,,,, you have seen that 100s of times on a 5 min chart or 1 min chart this is just on a little longer chart lol give it a week or so maybe more maybe less
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