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Cable Update (GBPUSD)

  • #356,861
  • Dec 30, 2013 4:11am Dec 30, 2013 4:11am
Quoting rambo12
{quote} Yes .of course but since you are a tiger trader ..been watching your views were correct 90% ..so I'm bit worried about my positions
After looking deeper, this is what I see as a good probability.

G/U H1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 112 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #356,862
  • Dec 30, 2013 4:21am Dec 30, 2013 4:21am
Quoting PipTrapper
{quote} After looking deeper, this is what I see as a good probability. G/U H1 {image}

Oh thanks for the info .At least .I can close my shorts with min loss ..if it gets there ..Thanks .
  • #356,863
  • Dec 30, 2013 4:24am Dec 30, 2013 4:24am
Good day everybody,



Minor consolidation of gains here around 1.6490s after hitting a 28-month high of 1.6578 on friday.

Friday's action broke the "megaphone" to the upside,

overall trend sloping higher and positively aligned.

Will continue to carry my long positions.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_H4.jpg Size: 27 KB
Hear the music before the song is over ...
  • #356,864
  • Dec 30, 2013 4:27am Dec 30, 2013 4:27am
Quoting rambo12
{quote} Oh thanks for the info .At least .I can close my shorts with min loss ..if it gets there ..Thanks .
Cheers... and best of luck.
In the future I would strongly suggest that you ignore what others say and stick to what you do well.
Those who say it cannot be done should not interrupt those who are doing it
  • #356,865
  • Dec 30, 2013 4:28am Dec 30, 2013 4:28am
Quoting GlobalMacro
Good day everybody, Minor consolidation of gains here around 1.6490s after hitting a 28-month high of 1.6578 on friday. Friday's action broke the "megaphone" to the upside, overall trend sloping higher and positively aligned. Will continue to carry my long positions. {image}
Those who say it cannot be done should not interrupt those who are doing it
  • #356,866
  • Dec 30, 2013 5:27am Dec 30, 2013 5:27am
Quoting PipTrapper
{quote} Cheers... and best of luck. In the future I would strongly suggest that you ignore what others say and stick to what you do well.

Yeah ..you are right .. thanks
  • #356,867
  • Dec 30, 2013 5:43am Dec 30, 2013 5:43am
Quoting rambo12
{quote} Yeah ..you are right .. thanks
If we can get a break and hold below 1.6455 today, then my scenario will play out with a target between 6388 and 6418
Those who say it cannot be done should not interrupt those who are doing it
  • #356,868
  • Dec 30, 2013 5:54am Dec 30, 2013 5:54am
Quoting PipTrapper
{quote} If we can get a break and hold below 1.6455 today, then my scenario will play out with a target between 6388 and 6418
looks a good call pip i went short 1.6477 after the second visit rejected the 1.6500 will manager the limit looking to the 618% fib from the move 20th dec. i hope rambo kept his short
  • #356,869
  • Dec 30, 2013 6:00am Dec 30, 2013 6:00am
Let's see price reaction at 1.6435 . I'm on short side with SL above 1.6600
  • #356,870
  • Dec 30, 2013 6:09am Dec 30, 2013 6:09am
Quoting elbert3
{quote} looks a good call pip i went short 1.6477 after the second visit rejected the 1.6500 will manager the limit looking to the 618% fib from the move 20th dec. i hope rambo kept his short
100% Fib extension of a 3 wave correction puts the target as low as 1.6379

G/U H1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 114 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #356,871
  • Dec 30, 2013 6:10am Dec 30, 2013 6:10am
hopefully start to trend down looking at the 1 hr i have a 50 ema which we need to break it rejected the last bear candle we might see doji next and its looking like the 200 sma could meet the 618%fib at the same time on the 1 hour
  • #356,872
  • Dec 30, 2013 6:26am Dec 30, 2013 6:26am
Quoting PipTrapper
{quote} 100% Fib extension of a 3 wave correction puts the target as low as 1.6379 G/U H1 {image}
161.8% 1.63 is possible target for today if eur/gbp growth 60-90p
More on my Blog...
  • #356,873
  • Dec 30, 2013 6:55am Dec 30, 2013 6:55am
Thank god ..all are posting same views .. as per my view ...will likely to test 1.6382 ...n where as USDX possible to test 81++ of course once it breaks 80.60 ..correct me if I am wrong ..thanks
  • #356,874
  • Dec 30, 2013 7:10am Dec 30, 2013 7:10am
still nothing from that last candle on 1 hr, good thing is that it did not move much, one good push down and were away one thinks. keep your eye on it thou, i am manageing ready to pull the plug if were wrong
  • #356,875
  • Dec 30, 2013 7:13am Dec 30, 2013 7:13am
looks to me like a triange forming 1 hr, watch for any break out, any body else see it???
  • #356,876
  • Dec 30, 2013 7:17am Dec 30, 2013 7:17am
thank god GBP not moving much even DX bleeding ...80.20-25 will bounce to 81+ I hope
  • #356,877
  • Dec 30, 2013 7:21am Dec 30, 2013 7:21am
Quoting rambo12
thank god GBP not moving much even DX bleeding ...80.20-25 will bounce to 81+ I hope
i can feel your tension i hope your not to big into this , good luck i am on your side ,
  • #356,878
  • Dec 30, 2013 7:26am Dec 30, 2013 7:26am
Quoting elbert3
{quote} i can feel your tension i hope your not to big into this , good luck i am on your side ,

thanks mate ..let's see ..fingers crossed
  • #356,879
  • Dec 30, 2013 7:45am Dec 30, 2013 7:45am
DX hit 80.25 ..now need to pull back ...come on fcking dollar ..riseeee
  • #356,880
  • Dec 30, 2013 7:49am Dec 30, 2013 7:49am
Quoting rambo12
DX hit 80.25 ..now need to pull back ...come on fcking dollar ..riseeee
LOOL

It won't
Anything is math!
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