GBP/USD

[Kauri]

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.

Hi carribean
Gotta love patterns.. I have 10 pairs I trade.. all of them looking similar at the moment... only have time to post on one... this week it's the Cable...


the 50-62%fib held agian.
a wierd looking tri. has formed.. but my kaleidescope is all mixed.. so I wait..
the choppy action ..and my indi's being all over the shop.. suggest a corrective move against the previous impulse..
Cheers
...........Kauri

 

[Kauri]

Re: GBPUSD

the choppy action ..and my indi's being all over the shop.. suggest a corrective move against the previous impulse..
Cheers
...........Kauri

I didn't get an entry setup on the fall/impulse.. will see if 50-62% and a pattern come up to reload..
Cheers
..........Kauri

 

[Kauri]

Re: GBPUSD

a ways to go yet... butt is looking possible for an ABC...

and UK economy is not looking flash going forrard..
Cheers
........Kauri

 

[Kauri]

Re: GBPUSD

a ways to go yet... butt is looking possible for an ABC...


Cheers
........Kauri

now to see if the kaleidescope and an entry line up...
Cheers
...........Kauri

 

[caribean]

Re: GBPUSD

Good set of tweezer tops, and major news out 4PM, but it is also sitting right on support.

 

[Kauri]

Re: GBPUSD

got the 50-62% level.. possibly have the pattern... but the laleidescope is still jumbled..

CBI a shocker??
Cheers
..........Kauri

 

[Kauri]

Re: GBPUSD

The trees around here are full of plurry cooing doves...

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

 

[Kauri]

Re: GBPUSD

solly about the first clip in last post... was just seeing if anyone read the posts and would pick up it twas a blank... aaah..such is life,,,

hereit tis... for what it ..etc..

US data may have an affect later... 12:30GMT second gueestimate of US Q2 GDP, alongside US weekly jobless claims. Annualized GDP growth is expected to be upwardly revised to 2.7%, from 1.9%. Jobless claims are forecast to ease to 425k, from 432k previously.

Cheers
.............Sauri

 

[Kauri]

Re: GBPUSD

poor UK data surprises to the downer side..
good US data surprises to the up side...
and the ranger traders hold sway...
the only pattern I can find...
is one I am not familiar with...
sometimes it is best to stand back and watch metinks..
so I am out of here...
I just hope Gustav doesn't set off Pavlovs dogs...

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

 

[wayneL]

Re: GBPUSD

poor UK data surprises to the downer side..
good US data surprises to the up side...

Gordo will have to have a word to the statistics boys... can't have those bloody Yanks out-manipulate us.

 

[Kauri]

Re: GBPUSD

Gordo will have to have a word to the statistics boys... can't have those bloody Yanks out-manipulate us.

US??? and my mate in Mt Pleasant assured me you were one of us...

 

[Kauri]

Re: GBPUSD

. Answering the call for inspiration the BoE"s Blanchflower has hit the screens. Talking to Reuters the Bank of England policymaker noted that up to 2 million Britons may be out of work by Christmas. He has gone on to suggest that big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump.
Signaling he will be calling for more than a 25bp cut at the next BoE MPC meeting he is quoted as saying "I have obviously voted on quite a number of occasions now for small cuts but we need to act and we probably need to act in larger amounts than that. We need to actually get ahead of the game and it appears that we are now behind".


So unexpected were his commennts that I nearly missed Leemings latest in the same shheeet saying Fannie was travelling well, however they had cut their outlook to $20... ( yes, they have recovered to $6 odd..)...
Cheers
..............Kauri

 

[Kauri]

Re: GBPUSD

stops set..

trade on...
...alarums set...
......sheets turned back..
.........and it's goodnight from me...
............and goodnight from him....

Slainte
...........kauri

 

[wayneL]

Re: GBPUSD

So unexpected were his commennts...

Jeez that floored me too... woulda thunk it? :

 

[Kauri]

Re: GBPUSD

Tri. might not be the best... it may shuffle about and reset the lower line yet... but has my attention...

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

 

[Kauri]

Re: GBPUSD

Tri. might not be the best... it may shuffle about and reset the lower line yet... but has my attention...

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

Looks a tad more regular now..

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

 

[Kauri]

Re: GBPUSD

the only support I see is possibly oppie defence around 180 area...
the Uk chancellor is a darling to the bears...

Cheers
........Kauri

 

[wayneL]

Re: GBPUSD

the only support I see is possibly oppie defence around 180 area...
the Uk chancellor is a darling to the bears...

Cheers
........Kauri

Looks like the verdict is in on McBean's mortgage plan.

 

[Kauri]

Re: GBPUSD

Will the FT piece about darling getting it wrong save the cable, because nothing can save his job...
Cheers
...........Kauri

 

[caribean]

Re: GBPUSD

That's a decent gap waiting to be filled?