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Cable Update (GBPUSD)

  • #466,761
  • Oct 23, 2018 4:32pm Oct 23, 2018 4:32pm
Hey, KPMG, when will we finally see parity? These are your posts from one year ago, your famous shorts on euro below 1.05 are hilarious. Where do you get the self esteem to give people tips here? Are you psychotic?


Your GU prediction = 2000 pip drawdown.

Quoting Not-KPMG
{quote} Triangle. Down breakout? Parity We'll I'm just modest 1.25 1.16 target.
Your EU prediction = 2000 pip drawdown.

Quoting Not-KPMG
Yohay is back. Was bullish last. oooops Quote : ...multi-year low of 1.0340. Only 1.0150 separates the pair from parity at this point. I am bearish on EUR/USD
Everyone can see the chart, but only a few can actually read it.
  • #466,762
  • Oct 23, 2018 6:31pm Oct 23, 2018 6:31pm
At end of the day, there is still nothing new on Brexit negotiation which results GBP/Usd is lacking directional strength. The pair is consolidating below 1.30 level remain in the negative territory.
  • #466,763
  • Oct 23, 2018 8:39pm Oct 23, 2018 8:39pm
I don't know about the lack of directional strength it looks perfectly directional to me and that direction is down.

On the 4hr chart the average is approaching the target level of 3006 so soon we will see one of two things happen.

1) The bulls will make an attempt to stop the average making the lower low just as the bears stopped the average making the higher high...or

2) The bears will make a big push to drag the average to the LL and the price may reach the 2884 in doing so.
Attached Image (click to enlarge)
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  • #466,764
  • Oct 23, 2018 10:08pm Oct 23, 2018 10:08pm
evening and morning all traders️
just for a cup of coffee...
  • #466,765
  • Oct 23, 2018 10:42pm Oct 23, 2018 10:42pm
Quoting elbert3
{image} trying this with tight stops
nice target E..
just for a cup of coffee...
  • #466,766
  • Oct 23, 2018 10:43pm Oct 23, 2018 10:43pm
Quoting akim0895
evening and morning all traders️
Good afternoon sir
  • #466,767
  • Oct 23, 2018 11:16pm Oct 23, 2018 11:16pm
Quoting akim0895
evening and morning all traders️
Halooo, have a ️. Haha which timezone you’re in?
  • #466,768
  • Oct 23, 2018 11:19pm Oct 23, 2018 11:19pm
GU not showing 2930 nor 3050-70 levels.
Guess it would want sideways... but at this point, buying around 2960 with tight stops (2955) would be wiser.

Well, moving on to UC today.
  • #466,769
  • Oct 23, 2018 11:20pm Oct 23, 2018 11:20pm
Quoting thir13enth
{quote} Halooo, have a ️. Haha which timezone you’re in?
asian mate
just for a cup of coffee...
  • #466,770
  • Oct 23, 2018 11:21pm Oct 23, 2018 11:21pm
Quoting thir13enth
GU not showing 2930 nor 3050-70 levels. Guess it would want sideways... but at this point, buying around 2960 with tight stops (2955) would be wiser. Well, moving on to UC today.
have some sell at UC mate
hope it will drop hard later today
also buying at cabeL
just for a cup of coffee...
  • #466,771
  • Oct 23, 2018 11:25pm Oct 23, 2018 11:25pm
Quoting akim0895
{quote} have some sell at UC mate hope it will drop hard later today also buying at cabeL
Haha ya I do. 1 position now, will add more once 1st position is profitable enough.

If only GU touched 2930 yesterday, I’d be willing to long it. Haha, that 2930 scaring me from buying.
  • #466,772
  • Oct 23, 2018 11:27pm Oct 23, 2018 11:27pm
Quoting thir13enth
{quote} Haha ya I do. 1 position now, will add more once 1st position is profitable enough. If only GU touched 2930 yesterday, I’d be willing to long it. Haha, that 2930 scaring me from buying.
️
just for a cup of coffee...
  • #466,773
  • Oct 23, 2018 11:44pm Oct 23, 2018 11:44pm
Quoting OnlineAddict
Hey, KPMG, when will we finally see parity? These are your posts from one year ago, your famous shorts on euro below 1.05 are hilarious. Where do you get the self esteem to give people tips here? Are you psychotic? Your GU prediction = 2000 pip drawdown. {quote} Your EU prediction = 2000 pip drawdown. {quote}
Morning I think 1.07 is on the cards for eu as there is a gap there and it would be unusual not to close it .. but we just play it day by day and play what we see . Regards E
  • #466,774
  • Oct 23, 2018 11:48pm Oct 23, 2018 11:48pm
Attached Image (click to enlarge)
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sowe are in this trade with stops now . So going back to sleep
  • #466,775
  • Oct 24, 2018 1:24am Oct 24, 2018 1:24am
Quoting thir13enth
GU not showing 2930 nor 3050-70 levels. Guess it would want sideways... but at this point, buying around 2960 with tight stops (2955) would be wiser. Well, moving on to UC today.
I agree with you.
  • #466,776
  • Oct 24, 2018 2:02am Oct 24, 2018 2:02am
Quoting elbert3
{quote} Morning I think 1.07 is on the cards for eu as there is a gap there and it would be unusual not to close it .. but we just play it day by day and play what we see . Regards E
Gap trading is suicide, there is no reason for any gaps to be filled, its simply weekend pricing that isn't on the chart. There is a gap on weekly, but no gap on monthly for example. And on weekly there is even a gap around 1.32, imagine someone trading that the past years.
Everyone can see the chart, but only a few can actually read it.
  • #466,777
  • Oct 24, 2018 2:30am Oct 24, 2018 2:30am
my long stop out +5
now back to shorts
just for a cup of coffee...
  • #466,778
  • Oct 24, 2018 2:39am Oct 24, 2018 2:39am
as long 1.2915 is holding we still can see bounce up to 1.3090
  • #466,779
  • Oct 24, 2018 2:46am Oct 24, 2018 2:46am
Opened shorts at 1.2975, hoping to ride the trend towards 1.2920.....thereabout
  • #466,780
  • Oct 24, 2018 2:49am Oct 24, 2018 2:49am
Quoting msniper
as long 1.2915 is holding we still can see bounce up to 1.3090
dxy so strong for now
let see..
just for a cup of coffee...
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