GBP/USD

[caribean]

Re: GBPUSD

Well it has broken (apparently) the coily thing to the upside, and what looks like messy railway tracks on the hourly (red circle)...

 

[caribean]

Re: GBPUSD

...on the 15 min it's more like test of the backside of the TL...

 

[Kauri]

Re: GBPUSD

E.ON has raised its UK electricity and gas prices for its 5.5 million UK customers by 16% and 26% respectively.. now what is that going to do for UK inflation.. rate cut expectations... and the Cable??? I wonder..

Cheers
........Kauri

 

[Kauri]

Re: GBPUSD

Long weekend for the long-suffering anglos I thunk... so possibly a bit of position squaring/closing will come in play soon...

Cheers
...........Kauri

 

[Kauri]

Re: GBPUSD

A bit of talk on other treads about Guru's and thier predictions... one extremely relevant one I have been following states that a Cable in the RN is a measure of length coming in at 185metres... so now that cable has reached 185...
Cheers
.........Kauri

 

[Kauri]

Re: GBPUSD

Cable still patterning along nicely...
Cheers
............Kauri

 

[Kauri]

Re: GBPUSD

Not sure if it is classic PPS...
but it is Patterns..
.....it is Profitable...
and it's Simple..
...so far..
Cheers
..........Kauri

 

[Kauri]

Re: GBPUSD

May be another ledge.. or possibly a tri. forming...
Cheers
..........Kauri

 

[caribean]

Re: GBPUSD

Hey Kauri, some good patterns there....they work on all TF's.

 

[Kauri]

Re: GBPUSD

Hey Kauri, some good patterns there....they work on all TF's.

Hi caribean,
Can find them on any timeframe on any instrument... with a couple of sensible filters you can run at 35-45% hit rate... or so I have found.. so faar..
Cheers
.........Kauri

 

[caribean]

Re: GBPUSD

I use them a fair bit, together with chanels, TL breaks, and a few other tricks
have learned to pay a lot more attention to chanels

 

[Kauri]

Re: GBPUSD

Cable to 165 within 12 months??
...rather than buying a block of the yellow stuff..
.....I tink I'll put a couple of cable contracts away..
........ for the long haul..
.......physical yellow trebled over how many years
....leveraged cable..
trebled in how many minutes??
..... and risk free!!!....

coupled.. decoupled.. or just derailed???
.... dropping a pick is easy..
...........hauling it back is a whole lot harder..

I thunk..
Cheers
............Kauri

 

[Kauri]

Re: GBPUSD

Nott too scientific.. but I have found.. with my Pattern finding.. that when a 3rd pattern emerges in a trend.. especially a flaggy looking ting... that it indicates a possible bounce...

o.. in short... my stop is pulled in...

has anyone else come upon this..
or..
just me???

are you there Curtis??

Cheers
..........................Kauri

 

[caribean]

Re: GBPUSD

it's all slowed down to a crawll...been watching the EUR mainly, ever so close to my target, i'm still keen on that 8200-150 level on the pound, maybe not tonight, and as always, whatever the intraday set up brings....

 

[Kauri]

Re: GBPUSD

I wonder if this one will play out??

Cheers
............Kauri

 

[Kauri]

Re: GBPUSD

Nott too scientific.. but I have found.. with my Pattern finding.. that when a 3rd pattern emerges in a trend.. especially a flaggy looking ting... that it indicates a possible bounce...

o.. in short... my stop is pulled in...

has anyone else come upon this..
or..
just me???

are you there Curtis??

Cheers
..........................Kauri

and true to form the 3rd pattern signals a reversal... the kaliedescopic filters I use were also starting to lean to a correction... not enough to go long, but enough to keep me out of shorts...

Cheers
...........Kauri

 

[Kauri]

Re: GBPUSD

I hear that in Asia a top "via DeMarks indi's" has been called by a lot of players on the USDindex.. in part feeding the drop in the $index, fed on by model funds and CB's... apparently..
Cheers
..........Kauri

 

[Kauri]

Re: GBPUSD

Still not enough of the right colours one way or tother for me... but is getting into an interesting Fib zone.(50%-62%)
Cheers
............kauri

 

[Kauri]

Re: GBPUSD

but is getting into an interesting Fib zone.(50%-62%)
Cheers
............kauri

The above Fibs capped... now at 50-62%fibs of that move...
the kaliedescope is in early stages of lining up... now a pattern or other entry is needed to coincide with the kaliedescope.... for me anyways..

Cheers
...........kauri

 

[caribean]

Re: GBPUSD

G'day Kauri, good old patterns working a treat hey?
lately i have been concentrating on the EUR only, it has provided some great trades this arvo on 1 min, i've got no clear direction myself for tonight, we'll see how it all develops.