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Come with me if you want to live....
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
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DislikedI sometimes see this before big news, price stops between fibs. Personally, I thing the GU is the most technically accurate pair, so from this perspective, it makes it hard for news traders to make easy money from news items. Price can go in the expected direction from the news outcome, hit the technical fib level then reverse and take you out. Just my theory...Ignored
DislikedI sometimes see this before big news, price stops between fibs. Personally, I thing the GU is the most technically accurate pair, so from this perspective, it makes it hard for news traders to make easy money from news items. Price can go in the expected direction from the news outcome, hit the technical fib level then reverse and take you out. Just my theory...Ignored
DislikedHmmm....3hour from now there's this germany and french stuff...so I'm guesing pushing cable a little bear cave there? Since when bear lives in cafe? anyway am looking at possible bear entry now...just to minimize the short I made earlier...anyway Is 5833 a support line? Seeing cable can't break it though...earlier u guys talking about stop hunting..big boys sure playing fool out of us...I always thought that do they ever have the time to search forum discussion like FF just to see what traders believe in the current market...maybe they did hire...Ignored
Dislikedi think by monday we will get pass 5650 area.. hopefully by wednesday it retest that area again.. imhoIgnored
DislikedYea same here...I'm totally into 5650 too...no doubt about it...anyway, do u mind to share your charts bro? Thanks just wanna know how u study this cable's trend....
and don't worry I am not following or judging because I know every traders have their on faith...and I have faith to myself...Ignored
Dislikedthere you go.. as you can see, price at the moment is at 50 fibo and low of the ichimoku cloud, i think there is where cluster resistance exist and i think there is also will be distribution phase at about the low of the cloud.
Furthermore, though we still seeing a positive momentum, but the acceleration of the movement has been slowed down, if price failed to close above the cluster area of 5830, there will not be a higher price imho.. and in 4h we currently have lower highs and lower lows..
Looking at weekly, we have a shooting star, though...Ignored
DislikedI think your fib is upside down if you are looking for a fib retracement as a hint for a bearish continuance, you need to start with your fib tool from the top from what I understand. 50 fib retrace is at 5840 or so with 61.8 at 5880.Ignored
Disliked200 and 55 ema's here.
From a day traders perspectice and a day traders timeframe, I seriously doubt we are going down very far today.
I am putting in a small buy speculator at the 1 hr 55ema and 4 hr 200ema (retest and 50 fib for this ema) just to satisfy my own curiosity Wish me luck.Ignored
Dislikedprice atm is retesting 5800, i reckon that's as far as the price will go.. my 2 pips..
I mean as high as the price will go before the move down..Ignored
DislikedActually, just at the 4 hr 200ema, no point in throwing more money away if I am wrong. DO NOT follow me on this trade, I'm just playing today.Ignored