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Cable Update (GBPUSD)

  • #358,261
  • Jan 13, 2014 7:28am Jan 13, 2014 7:28am
chf jpy ,h1
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,262
  • Jan 13, 2014 7:28am Jan 13, 2014 7:28am
Quoting pawpaw1000
{quote} Yes you can, if only you believed it was possible :-) I invited you to go and study Cloggies posts, you just don't want to...
pawpaw which timeframe did cloggie use? if im not mistaken it was 1 minute chart. I must go research old post of his.
  • #358,263
  • Jan 13, 2014 7:28am Jan 13, 2014 7:28am
Quoting TauTrader
5 pips from BE long
OK - adjusted down still. Looking at long vs short stops - i'm holding long
  • #358,264
  • Jan 13, 2014 7:29am Jan 13, 2014 7:29am
if the price action of gu has not turned bearish i dont know how its called, 2 strong rejections of 1.65 zone,
still looking at 1.6250, maybe tomorrow with uk data.

out 1 short with 120pips, will let the other ones run 1.6250.
  • #358,265
  • Jan 13, 2014 7:30am Jan 13, 2014 7:30am
First i'm watching 1.6336. Could this then go down to 1.6218?
  • #358,266
  • Jan 13, 2014 7:33am Jan 13, 2014 7:33am
very nice for candle trader ,
= no way to break high today ,stay short
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  • #358,267
  • Jan 13, 2014 7:40am Jan 13, 2014 7:40am
now some of the muppets here who were buying on dips are trapped.

some were even recommending to buy at 1.6395. they forgot a simple logic nothing moves in a straight line
  • #358,268
  • Jan 13, 2014 7:40am Jan 13, 2014 7:40am
poss

Quoting Bones
chf jpy ,h1 {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,269
  • Jan 13, 2014 7:42am Jan 13, 2014 7:42am
Quoting Schweet
{quote} pawpaw which timeframe did cloggie use? if im not mistaken it was 1 minute chart. I must go research old post of his.


All of them... entries off m5/ M1
@pawpaw1000 on Twitter
  • #358,270
  • Jan 13, 2014 7:43am Jan 13, 2014 7:43am
Quoting TauTrader
{quote} OK - adjusted down still. Looking at long vs short stops - i'm holding long
Sir, you would have been better keep holding your shorts
  • #358,271
  • Jan 13, 2014 7:45am Jan 13, 2014 7:45am
Quoting elbert3
breaking the trendline and 200sma 4hr adding more when pos target 6337
Looks a good target to me. I think 1.632 has a chance today too.
  • #358,272
  • Jan 13, 2014 7:45am Jan 13, 2014 7:45am
Tau, your scalp is turning into a position trade? Cut your losses short mate...

Aaah, cut my winner too short on that last one. Had to leave and didn't want to leave an open trade.

Too bad. Lesson learnt, writing it in the journal for next time.

This Price has ALOT of momentum...
@pawpaw1000 on Twitter
  • #358,273
  • Jan 13, 2014 7:46am Jan 13, 2014 7:46am
Quoting pawpaw1000
{quote} All of them... entries off m5/ M1
thank you.
  • #358,274
  • Jan 13, 2014 7:46am Jan 13, 2014 7:46am
i think there are nice opportunities in nzd/usd and aud/usd as they are in correction mode right now,
  • #358,275
  • Jan 13, 2014 7:47am Jan 13, 2014 7:47am
update

Quoting Bones
crunch time {quote} {image}
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  • #358,276
  • Jan 13, 2014 7:47am Jan 13, 2014 7:47am
Quoting elbert3
breaking the trendline and 200sma 4hr adding more when pos target 6337
realy oversold on the 1h now but it looks lik it wants to go to 1.6338 , remember this morning i posted a bank has a buy 1.6350 ????????????/
  • #358,277
  • Jan 13, 2014 7:49am Jan 13, 2014 7:49am
Quoting elbert3
{quote} realy oversold on the 1h now but it looks lik it wants to go to 1.6338 , remember this morning i posted a bank has a buy 1.6350 ????????????/
doubt it will go any lower.........GBP/JPY might do, to around 168.640 and EUR/JPY to 140.730
  • #358,278
  • Jan 13, 2014 7:50am Jan 13, 2014 7:50am
ok cool

Quoting cspip
{quote} doubt it will go any lower.........GBP/JPY might do, to around 168.640
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #358,279
  • Jan 13, 2014 7:52am Jan 13, 2014 7:52am
Quoting pawpaw1000
tau, your scalp is turning into a position trade? Cut your losses short mate... Aaah, cut my winner too short on that last one. Had to leave and didn't want to leave an open trade. Too bad. Lesson learnt, writing it in the journal for next time. This price has alot of momentum...
are we in the 20% now
  • #358,280
  • Jan 13, 2014 7:53am Jan 13, 2014 7:53am
gbp/usd will rebound to 1.6395 based on the dollar selling seen in commodity pairs. i will not buy there. even if it goes to 1.65 I will still not buy
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