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Cable Update (GBPUSD)

  • #464,321
  • Sep 4, 2018 2:45am Sep 4, 2018 2:45am
GBPUSD - Update https://www.forexfactory.com/showthr...6#post11435776
Attached Image
  • #464,322
  • Sep 4, 2018 2:53am Sep 4, 2018 2:53am
Quoting ballballball
{quote} EG Not move up Then GU Find Support and Up ===For Me===
The EG has nothing whatsoever to do with the GU... Look how strong the USD is today
  • #464,323
  • Sep 4, 2018 3:21am Sep 4, 2018 3:21am
Quoting ballballball
GU 1.280x-1.2824 Final for me I buy big lot 1.2825-1.283x I buy small lot
be careful mate..
hope you will lock your sL tight..
just for a cup of coffee...
  • #464,324
  • Sep 4, 2018 3:44am Sep 4, 2018 3:44am
Quoting akim0895
{quote} be careful mate.. hope you will lock your sL tight..
thank you.
  • #464,325
  • Sep 4, 2018 3:56am Sep 4, 2018 3:56am
support/resistances are bound to be broken, one should not go with full leverage at those levels.

No point in taking full leverage and hitting stop loss.

At time support/resistance lines may hold to make you trust those lines all times. and next time to break.
Intraday only.
  • #464,326
  • Sep 4, 2018 4:02am Sep 4, 2018 4:02am
When at major support or resistance regions, looking at how the candles formon the lower timeframe can clue you in on a likely bullish or bearish setup that may work out, stops are a must as there will be inevitable failures hence expectancy.. look for reliable patterns
  • #464,327
  • Sep 4, 2018 4:50am Sep 4, 2018 4:50am
Quoting navk
started selling eurnzd in another account.
saw the setup, spreads are too rich for my blood
4&1 All Time Profit: $37,496
  • #464,328
  • Sep 4, 2018 4:53am Sep 4, 2018 4:53am
Quoting MzansiObi
{quote} saw the setup, spreads are too rich for my blood
not so big spread for me.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 39 KB
Intraday only.
  • #464,329
  • Sep 4, 2018 5:06am Sep 4, 2018 5:06am
Quoting navk
{quote} not so big spread for me. {image}
mine is at 8.1
4&1 All Time Profit: $37,496
  • #464,330
  • Sep 4, 2018 5:11am Sep 4, 2018 5:11am
Quoting MzansiObi
{quote} mine is at 8.1
change the broker. ridiculous spread.
Intraday only.
  • #464,331
  • Sep 4, 2018 5:14am Sep 4, 2018 5:14am
I'm bearish on the pair until 1.2590. Good opportunity to go long.
  • #464,332
  • Sep 4, 2018 5:15am Sep 4, 2018 5:15am
Heavy push up for GBPUSD in the gap area today ,on USD +GBP news in the next hours .AUDUSD took bottom SL's & is already rallying.
It's show time
  • #464,333
  • Sep 4, 2018 5:19am Sep 4, 2018 5:19am
sold euraud 1.61000

And this is for rest of the week.
Intraday only.
  • #464,334
  • Sep 4, 2018 5:37am Sep 4, 2018 5:37am
I am long GBPUSD at current price level 1.2820 my SL around 1.2700 and target above 1.3000

GU now is in retest level of the broken down trend and should gain momentum and start rising soon today or tomorrow
  • #464,335
  • Sep 4, 2018 6:37am Sep 4, 2018 6:37am
that's what I see in GBPUSD. we are in the retest area.

and I expect a bounce today or tomorrow to target the cup & handle target around 1.32xx
Attached Image (click to enlarge)
Click to Enlarge Name: gbp target.jpg Size: 196 KB
  • #464,336
  • Sep 4, 2018 6:44am Sep 4, 2018 6:44am
Quoting msniper
that's what I see in GBPUSD. we are in the retest area. and I expect a bounce today or tomorrow to target the cup & handle target around 1.32xx {image}
Only to the gap then back to bottom.After this huge downtrend need at least 2 weeks accumulation at the bottom to decide where to go.Today will go up enough to break your lower blue TL and to trigger new victims.Maybe a fake test from upside after the breakout to convince more buyers..Tomorow back to the bottom.
It's show time
  • #464,337
  • Sep 4, 2018 6:51am Sep 4, 2018 6:51am
Quoting masterx584
{quote} Only to the gap then back to bottom.After this huge downtrend need at least 2 weeks accumulation at the bottom to decide where to go.Enough to break your lower blue TL and to trigger new victims.Maybe a fake test from upside after the breakout to convince more buyers..
I am expecting euro to fly 400 to 500pips so gbp will follow that's mean same target I mentioned 1.32xx area

after we reach that area which might be in the mid of September be ready to sell rallies. we will see 1000pips drop from the top made in both euro and gbp which mean we can see GU around 1.122
  • #464,338
  • Edited 7:16am Sep 4, 2018 6:54am | Edited 7:16am
Quoting msniper
{quote} I am expecting euro to fly 400 to 500pips so gbp will follow that's mean same target I mentioned 1.32xx area after we reach that area which might be in the mid of September be ready to sell rallies. we will see 1000pips drop from the top made in both euro and gbp which mean we can see GU around 1.122
Euro is diving,CHF,CAD,AUD,NZD too ,for the next 5 days.USD & JPY will rise next 5-7 days.Most of this currencies are in accumulation now,generating big waves but not going anywhere.
GU closing the gap is only a retracement.I'll be short on AU & NU because they have more downside chances.Somehow GU & EU ended the downtrend but not going anywhere next 10 days...not without strong accumulation and lot of bottom waves.Check GU accumulation before this downtrend ...at least a few weeks ...more exactly 80 days accumulation at top followed by a 100+ days downtrend .This cannot end with a shallow 2 days accumulation
It's show time
  • #464,339
  • Sep 4, 2018 6:59am Sep 4, 2018 6:59am
Quoting masterx584
{quote} Euro is diving,CHF,CAD,AUD,NZD too ,for the next 5 days.USD only & JPY will rise next 5-7 days.Most of this currencies are in accumulation now,generating big waves but not going anywhere. GU closing the gap is only a retracement.I'll be short on AU & NU because they have more downside chances.Somehow GU & EU ended the downtrend but not going anywhere next 10 days.
based on what ? care to share a chart or something
  • #464,340
  • Sep 4, 2018 7:07am Sep 4, 2018 7:07am
Quoting msniper
{quote} based on what ? care to share a chart or something
Based on what i already explained in my comment above.Reread it..
It's show time
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