Cable Update (GBPUSD)

Quoting Bones

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medium term 1.4058 assuming we break low in next couple months {quote}

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Quoting baherhosni

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{quote} oh and you will find analysis for other non cable related pairs too.. see how amazing being on this thread is.. its like having an FF summery on one thread.. by the way i am trying to be funny about it.. but i am in fact happy to belong to this thread and i feel at home here with all the amazing traders on the thread. i want to sent everyone a warm good morning on this fine Sunday morning.. bless you all.. @illbb how was Sunday school? or where you just kidding? cheers

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Quoting Bones

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but B you can use info like gbp aud as long as under tl potentially gbp bearish ? tho aud will retrace also {quote}

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Quoting baherhosni

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{quote} But of course.. Completely agree. I was just adding a dash of humor to the thread! that's all. I am like that when in stress.. My day job is the CEO and owner of a software development company.. and to make things worse, we're starting up too.. So the load and stress are way up there if yo know what I mean. We are working on weekends too to jump start all internal processes and complete our infrastructure. So sharing with you guys and trading are becoming breaks for me... lol

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Quoting fxtyrant

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{quote} btw heres an article about FED ready to plan the us economic exit from stimulus... pretty much the END of QE as they say... http://online.wsj.com/article/SB1000...LEFTTopStories

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Quoting Bones

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Hey F do you see evening star ? I hope for retrace up .. {quote}

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Quoting Fudomyo

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{quote} Hey B, We probably could see a bounce on this support area after last week's move, but the stronger support is the 5200 area below it. If you look at the DX we're at a tough resistance area on the weekly and monthly as well. If and when it goes there's not much between there and 85 which is going to open up a lot of downside on the GU AU crosses (and upside on EY GY UY) Outside of what's happening with BOJ, this is a USD trade at this point with sentiment leaning towards QE potentially scaling back. We're already seeing Treasury gains and...

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Quoting Bones

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Cool that's how I see ,you have fundi knowledge which I don't dare ,got me in a lot of trouble before ,I have not the time or brain power lol nice too see you {quote}

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Quoting fxtyrant

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{quote} MONTHLY CANDLE IS NOT CLOSED YET!!! that candle can drop and form a MONTHLY BEARISH ENGULFING to counter that rebound candle in APRIL for all i care.... ill-b-back, you are better than this.... pls trade what the charts are telling you and so far. charts oonn weekly tellinng me its gona be another bearrissh week! that may potentially have us creating a bearish engullfing candle a month end... get ready for a retest of 1.48 low is what i am telling peoplee.. whether they like it or not... im pretty sure you're the same

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Quoting Ill-b-back

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{quote} Bones tried to make me feel uncomfortable by drawing my attention to bearish 1 hr PA for goodness sakes and for some reason prefers this to the obvious bullish monthly action off long term support. {image} {image} {image}

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Quoting Bones

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monthly cable do you know the meaning of red herring ? {image}

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Quoting Bones

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no I tried to help you ,only time will tell ,longs are prob good next week anyway when see see bearish pa you will be ready whist you listen and learned last year ... {quote}

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Quoting Bones

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no I tried to help you ,only time will tell ,longs are prob good next week anyway when see see bearish pa you will be ready whist you listen and learned last year ... Ill be straight/frank the tls you draw are in the middle of nowhere (yellow one),tls an art ,not reliable unless completely obvious or with confluence {quote}

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