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Cable Update (GBPUSD)

Quoting USDollar
#GBPUSD so far looking good still short @ 1.3228 took half off @ 1.3026 looking for a target @ 1.2933 / 1.2917 or 1.286..... will cover today or tomorrow of all my short.... {image}
nice trading....i have some targets around that area as well.

best of trades to you going into fomc
Quoting P.Action
{quote} That is what i see at EUR-NZD {image}
shall be dependent on fomc and rbnz now
For anyone who is interested I am watching the Loonie. Its getting back to an interesting level for a break or a bounce. Not sure which yet
Striving for consistency
Quoting P.Action
{quote} That is what i see at EUR-NZD {image}
NU is the drive...

USD strength will push down NZD on its own... hence EN up
Quoting Don96
{quote} NU is the drive... USD strength will push down NZD on its own... hence EN up

So how about Audnzd , it will make it go up?
Quoting USDollar
#GBPUSD so far looking good still short @ 1.3228 took half off @ 1.3026 looking for a target @ 1.2933 / 1.2917 or 1.286..... will cover today or tomorrow of all my short.... {image}
tomorrow long? (after news -ofc depending on the news-)

tomorrows plan
GU long
XAUUSD long
WTI long
GN long
GJ long
Quoting Iraniatrader
{quote} So how about Audnzd , it will make it go up?
watch AU and NU for AN... AU up and NU down then AUD is strong and AN will rise... in simple temrs
Quoting Don96
{quote} NU is the drive... USD strength will push down NZD on its own... hence EN up

what about euro?
Quoting P.Action
{quote} what about euro?
NU is more of the mover due to NZD interest rates i suppose

EU and NU =EN
..

NZ main exporter is Aus so their currencies are of a low coefficient
Quoting Don96
{quote} watch AU and NU for AN... AU up and NU down then AUD is strong and AN will rise... in simple temrs
Ok, thx sir for ur guidance.
Quoting openyoureyes
{quote} tomorrow long? (after news -ofc depending on the news-) tomorrows plan GU long XAUUSD long WTI long GN long GJ long
could find Sup or could sell off more... my calculation are giving me mixed signals.... so I decided to be safe and cover at the close of NYC today or tomorrow before fed
"W. D. Gann said that time is the most important factor among all things."
Quoting Wdfx
Hi everyone, been out all morning just back. I had an order short at 2985 opened. : Short 2985, SL 3025, TP 2905 ---- SL now moved to BE at 2985. Will see where it goes from here
Short closed at 2972.. may now wait till after the news
Striving for consistency
Quoting Don96
{quote} NZD is more attractive due to OCR... thats why when EU and NU rise EN generally drops... EU and NU =EN
yeah i know.

nu 1 pip = en 1,52 pip
eu 1 pip = en 0.66 pip

look at eu graph. there is 350 pips up room - 450 pips down room in triangle.(can effect en) 1.5165 test tell us way of en

Attached Image (click to enlarge)
Click to Enlarge Name: KitbzZWD.png Size: 82 KB
So, we seem to work out the unfilled hidden gap of 29250-29400 on GU

Best
D.P.
Hunting High and Low
Quoting Dr.Phoenix
So, we seem to work out the unfilled hidden gap of 29250-29400 on GU Best D.P.

where is that GAP.

i just wonder unfilled 1.3530-1.3675 GAP
Quoting P.Action
{quote} yeah i know. nu 1 pip = en 1,52 pip eu 1 pip = en 0.66 pip look at eu graph. there is 350 pips up room - 450 pips down room in triangle.(can effect en) 1.5165 test tell us way of en {image}
450 down on EU to have an affect on EN would require EURO weakness on its own... USD strength would push EN up..
Is there any strong level from where it can go up to 3120? Which is strong level down to pull it back?
Quoting Don96
{quote} 450 down on EU to have an affect on EN would require EURO weakness on its own... USD strength would push EN up..

it doesnt work like that i think.

usd strength is not only for euro but also for nzd. how many percent effect is the point.

As i said i wait nzd weakness soon. it is not depends on usd strength, usd is just base between euro, gbp, cad, aud, jpy, chf with nzd.

i try to find the best pair for this falling. nzd-cad / aud-nzd / gbp-nzd has most tension for now.
Quoting P.Action
{quote} it doesnt work like that i think. usd strength is not only for euro but also for nzd. how many percent effect is the point. As i said i wait nzd weakness soon. it is not depends on usd strength, usd is just base between euro, gbp, cad, aud, jpy, chf with nzd. i try to find the best pair for this falling. nzd-cad / aud-nzd / gbp-nzd has most tension for now.
how about Aud-nzd?
dear traders we are here on this forum to discuss cable
little bit of sense, little bit of luck
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