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Cable Update (GBPUSD)

  • #347,801
  • Sep 30, 2013 9:44pm Sep 30, 2013 9:44pm
Hi GBP/US

Yeah me to 162.5 TP

Also 163.5

162 now:nerd:

Everybody expecting a retrace soon
  • #347,802
  • Sep 30, 2013 10:04pm Sep 30, 2013 10:04pm
chart gone mad. this one is in a massive bubble right now. gbp economy is not doing that great at all. no way this should be in the 1.60s


the real economy is struggling in the UK.
  • #347,803
  • Sep 30, 2013 10:08pm Sep 30, 2013 10:08pm
I think this might be the near last , beat em up spike to the north......................
The More You Learn, The More You Earn.....
  • #347,804
  • Sep 30, 2013 10:09pm Sep 30, 2013 10:09pm
Quoting forexalien
I think this might be the near last , beat em up spike to the north......................
Till the next H4 bar in 50 minutes ......LOL
The More You Learn, The More You Earn.....
  • #347,805
  • Sep 30, 2013 10:13pm Sep 30, 2013 10:13pm
Quoting forexalien
{quote} Price is holding , they will make one more run at the top again ..........IMO
15 hours ago..............
The More You Learn, The More You Earn.....
  • #347,806
  • Sep 30, 2013 10:17pm Sep 30, 2013 10:17pm
Quoting forexalien
{quote} 15 hours ago..............
who are they?
  • #347,807
  • Sep 30, 2013 10:20pm Sep 30, 2013 10:20pm
Quoting mry2001
{quote} who are they?
The Bulls.................Long.................
The More You Learn, The More You Earn.....
  • #347,808
  • Sep 30, 2013 10:23pm Sep 30, 2013 10:23pm
BOE’s Carney says he does not see a case for further QE

This is the good signal 4 days ago.. GU is facing north
  • #347,809
  • Sep 30, 2013 10:34pm Sep 30, 2013 10:34pm
fair enough no QE. but GBP is up 1400 pips in 3 months. price has already taken it into account.

GBP is the most over valued currency in the world. reminds me of Gold at the top. almost nothing could shake it.
  • #347,810
  • Sep 30, 2013 10:48pm Sep 30, 2013 10:48pm
This will go to 1.6300 now very quickly... should be at least temp pull-back there before 1.6339 and 1.6375-1.6400
Loser trying to become a winner!
  • #347,811
  • Sep 30, 2013 11:00pm Sep 30, 2013 11:00pm
We are already seeing result of government shut down.
Asia acting like an elephant 170pips ADR on GC and 115 on GU and no slowing down.
I could be wrong (safer to frame like this) but I think this is last clear all stops before Banks trigger their shorts as soon as Government opens.
Closed all my GC shorts with massive losses.Painful lessons learned.Never underestimate power of a trend.I will just seat on the corner and leak my wounds next 12months.
Never felt more stupid in my entire life.
In trading, you have to be defensive and aggressive at the same time
  • #347,812
  • Sep 30, 2013 11:06pm Sep 30, 2013 11:06pm
get in for the ride to 1.6300 choo choo
Loser trying to become a winner!
  • #347,813
  • Sep 30, 2013 11:06pm Sep 30, 2013 11:06pm
Quoting Davit
We are already seeing result of government shut down. Asia acting like an elephant 170pips ADR on GC and 115 on GU and no slowing down. I could be wrong (safer to frame like this) but I think this is last clear all stops before Banks trigger their shorts as soon as Government opens. Closed all my GC shorts with massive losses.Painful lessons learned.Never underestimate power of a trend.I will just seat on the corner and leak my wounds next 12months. Never felt more stupid in my entire life.
mate, i think everyone has been there before or eventually will, its part of experience to make us a stronger person/trader as we accept our past and losses. So, sometimes its really about hedging earlier or cutting our position earlier even any chance on pull back ->1.5955, then to speculate against what technical has delivered and shown.
  • #347,814
  • Sep 30, 2013 11:10pm Sep 30, 2013 11:10pm
short 1.62422 sl 1.66 tp 1.57 ish added to current 1.6201
  • #347,815
  • Sep 30, 2013 11:15pm Sep 30, 2013 11:15pm
Hello GBP/US

Doing a short 1.625

see how far it goes
  • #347,816
  • Sep 30, 2013 11:23pm Sep 30, 2013 11:23pm
Quoting eliteincome
Hello GBP/US Doing a short 1.625 see how far it goes
see how far it goes up?
  • #347,817
  • Sep 30, 2013 11:36pm Sep 30, 2013 11:36pm
Quoting Pumpndump
{quote} see how far it goes up?
Yeah GPB/US

Its climbing again

These turds flowing up stream

will be backing up:nerd:
  • #347,818
  • Sep 30, 2013 11:42pm Sep 30, 2013 11:42pm
might have a pull back from 1.6250 to 1.6200 or 1.6185 only if 1.6223 is breach, which is higher lo level 2 support on min 5. level to test resistance turns support.
  • #347,819
  • Sep 30, 2013 11:47pm Sep 30, 2013 11:47pm
Darn I wanted to go short, but it looks like you recent posts are saying short too. That means I will wait...
  • #347,820
  • Sep 30, 2013 11:50pm Sep 30, 2013 11:50pm
Good Morning !!
Today's S/R levels on MT4 Template

CABLE

http://www.forexfactory.com/showthre...37#post6997737
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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