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Cable Update (GBPUSD)

  • #455,761
  • Oct 17, 2017 2:13am Oct 17, 2017 2:13am
Short term bearish ...
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  • #455,762
  • Oct 17, 2017 2:14am Oct 17, 2017 2:14am
keep an eye for 1.3250. Daily close below would suggest a bearish run, coming week. Best of luck
  • #455,763
  • Oct 17, 2017 2:17am Oct 17, 2017 2:17am
Quoting sat007
{quote} Thats one of the good choice... just a random pending order @1.32400, 1.32500, 1.32550. I got in at 1.32550 and closed at 1.32800 and now I am watching...
Due to work I've been trying to trade daily. Friday backfired and I got pulled into a buy order on the spike, I've been trying to get out of it since. If market falls I'll have to cut and take the loss. I was hoping for a nice little recovery to get myself out at BE
  • #455,764
  • Oct 17, 2017 2:19am Oct 17, 2017 2:19am
My 2 cents for the week. Ignore the blue lines expect the one at TP. was too lazy to clean it up. best of luck

Target is 1.3030

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Daily chart. 2 days ago we had a touch at the 20sma. If you can see the ascending channel in purple, i 'hope' we can test the bottom of it, which will be well above our 1.3030 target

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  • #455,765
  • Oct 17, 2017 2:22am Oct 17, 2017 2:22am
Quoting Talzus
{quote} Due to work I've been trying to trade daily. Friday backfired and I got pulled into a buy order on the spike, I've been trying to get out of it since. If market falls I'll have to cut and take the loss. I was hoping for a nice little recovery to get myself out at BE
probably by end of week you get clear idea.. but its likely to hit 1.324 and hopefully recover back but who knows..
  • #455,766
  • Oct 17, 2017 2:23am Oct 17, 2017 2:23am
Quoting Liquidsnake
My 2 cents for the week. Ignore the blue lines expect the one at TP. was too lazy to clean it up. best of luck Target is 1.3030 {image}
Was it likely to close the gap..
  • #455,767
  • Oct 17, 2017 2:28am Oct 17, 2017 2:28am
Quoting Liquidsnake
My 2 cents for the week. Ignore the blue lines expect the one at TP. was too lazy to clean it up. best of luck Target is 1.3015 {image}
Nice to see a chart around. We´re currently 20 pip below last week's open. That's indecision in my view in short term. 3130 may show a short term good support. Price below 3050 may change trend. Last 3 rallies shows 66-70% retracement levels, being 3050 last support. Long term Bullish lloking for 3570 or 367ish to close gap. We have a dude talking in a while, that fuck things up short term. 3267 key level to watch.
Nice pipping guys1!!
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  • #455,768
  • Oct 17, 2017 2:38am Oct 17, 2017 2:38am
Quoting maurofx
{quote} Nice to see a chart around. We´re currently 20 pip below last week's open. That's indecision in my view in short term. 3130 may show a short term good support. Price below 3050 may change trend. Last 3 rallies shows 66-70% retracement levels, being 3050 last support. Long term Bullish lloking for 3570 or 367ish to close gap. We have a dude talking in a while, that fuck things up short term. 3267 key level to watch. Nice pipping guys1!! {image}
Short term. Clean bull flag formation in H4-H1. Thought It was gonna break it north in this recent move but failed to..seems to need to get to a stronger demand zone. Looking for bullish Price action @3190-3170 zone inside the yellow box. Why?? Bottom of Flag+ascending TL+23.6 Fibo+3175previos S/R level. Dude talking in a while will bring volume to the market.

Nice pippping guys1!
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  • #455,769
  • Oct 17, 2017 2:40am Oct 17, 2017 2:40am
Yeah I am not looking forward to the BOE guy talking. I had a pending order which due to the bearish trend at the moment ended up opening a sell. No doubt carney will be going on about interest rates which supposedly are more likely to be increased at the moment, so should send the price up, which is a shame for me. I was having such a good week last week and this week too.
  • #455,770
  • Oct 17, 2017 2:43am Oct 17, 2017 2:43am
Quoting Talzus
{quote} I just wasted an hour of my life waiting for this haha. just ended up where I started.
Sometimes the answer is right in front of our eyes.....just my interpretation.
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Lost....
  • #455,771
  • Oct 17, 2017 2:43am Oct 17, 2017 2:43am
See how the market moves on Carneys Speech.
  • #455,772
  • Oct 17, 2017 2:45am Oct 17, 2017 2:45am
Quoting gespiri
{quote} Sometimes the answer is right in front of our eyes.....just my interpretation. {image}
LOL!!! Answer is always in front of our eyes, it's just a matter on how each one sees the market. That would just be a chart alone... Wich is your interpretation?? Why???
  • #455,773
  • Oct 17, 2017 2:51am Oct 17, 2017 2:51am
Quoting maurofx
{quote} LOL!!! Answer is always in front of our eyes, it's just a matter on how each one sees the market. That would just be a chart alone... Wich is your interpretation?? Why???
Follow the thread for my interpretation and no need to be condescending. We're all trying to make a buck here....
Lost....
  • #455,774
  • Oct 17, 2017 2:56am Oct 17, 2017 2:56am
Quoting gespiri
{quote} Follow the thread for my interpretation and no need to be condescending. We're all trying to make a buck here....
Just a constructive comment mate... No harm intended...just pointing out the fact that your interpretation is not clear on the post.
Nice pipping.
  • #455,775
  • Oct 17, 2017 3:10am Oct 17, 2017 3:10am
Quoting gespiri
{quote} Sometimes the answer is right in front of our eyes.....just my interpretation. {image}
Indeed my friend; Every failure / wrong decision is a learning experience.

What time frame is that chart on?

Thanks for sharing.
  • #455,776
  • Oct 17, 2017 3:17am Oct 17, 2017 3:17am
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bulls ain't lost the fight yet! I am still 'hopeful'

I am however, overexposed to death so a bear move closes all my positions and I cry a little.
  • #455,777
  • Oct 17, 2017 3:25am Oct 17, 2017 3:25am
Quoting dean1star
See how the market moves on Carneys Speech.
He Said No New Thing but he expect Infalation more than 3%..
  • #455,778
  • Oct 17, 2017 3:27am Oct 17, 2017 3:27am
Quoting Dr.Zain
{quote} He Said No New Thing but he expect Infalation more than 3%..
Standard Carney
  • #455,779
  • Oct 17, 2017 3:41am Oct 17, 2017 3:41am
Quoting Talzus
{quote} Indeed my friend; Every failure / wrong decision is a learning experience. What time frame is that chart on? Thanks for sharing.
I'm using 1hr on that chart. I'm also using Murrey Math lines which is indicated by the solid green line on the 1hr and 4hr TF.

I'm PERSONALLY following the 1.3184 and the 1.3424 levels. I buy at the lower and sell at the higher whichever hits first due to that channel indicated. Long-term (see daily chart), this has a probability of hitting around 1.2695.....of which may go up from there (as the USD begin to falter)
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Lost....
  • #455,780
  • Oct 17, 2017 3:46am Oct 17, 2017 3:46am
Ok, I'm batting for the other side now!!

Go BEARS! AYA
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