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Cable Update (GBPUSD)

  • #464,341
  • Sep 4, 2018 7:11am Sep 4, 2018 7:11am
Quoting masterx584
{quote} Based on what i already explained in my comment above.Reread it..
ok I just reread it. I agree about AU and NU very bearish and about GU and EU god knows if they will be side ways for days. I expect a bounce honestly based on Elliott waves
  • #464,342
  • Sep 4, 2018 7:18am Sep 4, 2018 7:18am
Quoting msniper
{quote} ok I just reread it. I agree about AU and NU very bearish and about GU and EU god knows if they will be side ways for days. I expect a bounce honestly based on Elliott waves
Agree with you,... time will tell us 1.32xx area is good area to short ...
  • #464,343
  • Sep 4, 2018 7:18am Sep 4, 2018 7:18am
there is a possibility for a pullback to short maybe
Profit growth tells you the trader ability.
  • #464,344
  • Sep 4, 2018 7:31am Sep 4, 2018 7:31am
Quoting mrhb30jr
{quote} Agree with you,... time will tell us 1.32xx area is good area to short ...
yes

am planning to short euro 1.19 to 1.2 and short gbp 1.31 to 133

gbp is very sensitive pair with all Brexit BS so u never know how high it can reach or extend
  • #464,345
  • Sep 4, 2018 7:33am Sep 4, 2018 7:33am
Quoting msniper
{quote} ok I just reread it. I agree about AU and NU very bearish and about GU and EU god knows if they will be side ways for days. I expect a bounce honestly based on Elliott waves
I expect a bounce based on short term strategies & other things too but as i told u investment banks need a big accumulation period to end this strong down move 1700++ pips on GU.The best is to scalp swing or daytrade all this time.
The hints i told are from my analysis of the 8 principal currencies and the way GU tends to lead & manipulate other XXX/USD pairs.EURO will never trigger the GBP ,but the GBP can really trigger a move on EURO ,or to slow down your predicted 400 pips EURO move ,or even to cancel it.
It's show time
  • #464,346
  • Sep 4, 2018 7:34am Sep 4, 2018 7:34am
Quoting msniper
{quote} ok I just reread it. I agree about AU and NU very bearish and about GU and EU god knows if they will be side ways for days. I expect a bounce honestly based on Elliott waves
Once price returns to 1.2914, 1.32xx will be seen this September. Perhaps you might consider adjusting your stop loss to 1.2660. Patience will do the trick. Stay green.
Data + Stat + Risk/Emotions Management
  • #464,347
  • Sep 4, 2018 7:38am Sep 4, 2018 7:38am
Quoting masterx584
{quote} I expect a bounce based on short term strategies & other things too but as i told u investment banks need a big accumulation period to end this strong down move 1700++ pips on GU.The best is to scalp swing or daytrade all this time. The hints i told are from my analysis of the 8 principal currencies and the way GU tends to lead & manipulate other XXX/USD pairs.EURO will never trigger the GBP ,but the GBP can really trigger a move on EURO ,or to slow down your predicted 400 pips EURO move ,or even to cancel it.
banks don't need to exit their positions the trend is down and they can keep their short and they can earn nice swap from euro hehe.

all am saying is I want to see 400 to 500pips bounce from current levels and then u can sell again for new monthly lows
  • #464,348
  • Sep 4, 2018 7:41am Sep 4, 2018 7:41am
Quoting msniper
{quote} banks don't need to exit their positions the trend is down and they can keep their short and they can earn nice swap from euro hehe. all am saying is I want to see 400 to 500pips bounce from current levels and then u can sell again for new monthly lows
Don't have to exit but need to cover and this takes time too.I agree with you for the rest.
It's show time
  • #464,349
  • Sep 4, 2018 7:57am Sep 4, 2018 7:57am
Quoting thir13enth
{quote} Just got on my desk, first TP done. Still running some shorts around 2990. 2810 should get visited soon. A visit to 2940 is possible as well, this is our WP and a crucial level for bulls IMO. I'm babysitting some longs with UJ currently, opened today. Will reassess open positions once EU touches 1640 and GU at 2810/2940. {image}
Closed all around 2830ish, 160 pips on each.
2810 has been visited, no open trades for now.

UJ trades didn’t go nice so have to kill.
  • #464,350
  • Sep 4, 2018 8:42am Sep 4, 2018 8:42am
Quoting msniper
{quote} yes am planning to short euro 1.19 to 1.2 and short gbp 1.31 to 133 gbp is very sensitive pair with all Brexit BS so u never know how high it can reach or extend
yes, u r right ..
  • #464,351
  • Sep 4, 2018 9:18am Sep 4, 2018 9:18am
Quoting ballballball
GU 1.280x-1.2824 Final for me I buy big lot
1.2825-1.283x I buy small lot
I guess scalping 20-30 pips is ok. Not long term.
A day up -3 days down


Now the usual suspect
Quoting OnlineAddict
I would bet anything we will see 3240 soon and there is nothing anyone can do about it.
Easy money...like picking it from the street.
Was 1.3120 at time of above funny writing. Just saying...I was selling

Guys, fellows,
We ain't seen OnlineLongAddict in many days.

Could be in trouble

I sent some guys to track him....
Results are disturbing working the street indeed

LOL
Attached Image (click to enlarge)
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Beware of robber banks (RB), bad advisors.
  • #464,352
  • Sep 4, 2018 9:21am Sep 4, 2018 9:21am
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Three potential scenarios. 1.28022 has FIB convergence so a strong possibility of bouncing up or break means down.
  • #464,353
  • Sep 4, 2018 9:31am Sep 4, 2018 9:31am
Sell Gbpud at 1.2825 sl25 tp 45
  • #464,354
  • Sep 4, 2018 9:37am Sep 4, 2018 9:37am
yup 1.2798 region this region give the bullish setup for longer term will be likely gone
  • #464,355
  • Sep 4, 2018 9:46am Sep 4, 2018 9:46am
Quoting Not-KPMG
{quote} I guess scalping 20-30 pips is ok. Not long term. A day up -3 days down Now the usual suspect {quote} Was 1.3120 at time of above funny writing. Just saying...I was selling Guys, fellows, We ain't seen OnlineLongAddict in many days. Could be in trouble I sent some guys to track him.... Results are disturbing working the street indeed LOL {image}
Nice to see you around !
  • #464,356
  • Sep 4, 2018 9:46am Sep 4, 2018 9:46am
PA trying to break 2810 2800 2790. Once it does, 2730 will be on horizon for this week.
  • #464,357
  • Sep 4, 2018 9:49am Sep 4, 2018 9:49am
Quoting thir13enth
PA trying to break 2810 2800 2790. Once it does, 2730 will be on horizon for this week.
2790 region yeap…. critical
  • #464,358
  • Sep 4, 2018 9:52am Sep 4, 2018 9:52am
Quoting Shakhes
Sell Gbpud at 1.2825 sl25 tp 45
that is what im talking about
Profit growth tells you the trader ability.
  • #464,359
  • Sep 4, 2018 9:57am Sep 4, 2018 9:57am
Wow this zone the wrestle is fierce...
  • #464,360
  • Sep 4, 2018 10:07am Sep 4, 2018 10:07am
Went inside zone again, making everyone guess the next direction
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