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Cable Update (GBPUSD)

  • #368,941
  • Mar 21, 2014 6:19am Mar 21, 2014 6:19am
Bulls definitely seek the support of the pink. Maybe.

gbp/usd H4

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If the euro broke above 3799.
Attached Image (click to enlarge)
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We can expect the attack up. In both pairs.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #368,942
  • Mar 21, 2014 6:20am Mar 21, 2014 6:20am
Quoting squawk
{quote} Looks like its going to fill back to 6480. Maybe a continued move down from there. {image}

nice chart
  • #368,943
  • Mar 21, 2014 6:23am Mar 21, 2014 6:23am
Quoting elbert3
{quote} on the 1 hour the candle before did not close over the long bull candle ???
i am taking the profit small but not sure still holding my 10% from yesterday the sl on that is the high of the day before
  • #368,944
  • Mar 21, 2014 6:30am Mar 21, 2014 6:30am
Quoting squawk
{quote} Looks like its going to fill back to 6480. Maybe a continued move down from there. {image}
Attached Image (click to enlarge)
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ema seems to be holding it ,, idea the 2 candle tops, the candle we are on breaks them and then goes short ?? or sell order at the bottom on the break of the 10 sma white
  • #368,945
  • Mar 21, 2014 6:31am Mar 21, 2014 6:31am
Quoting elbert3
{quote} {image} ema seems to be holding it ,, idea the 2 candle tops, the candle we are on breaks them and then goes short ?? or sell order at the bottom on the break of the 10 sma white
same number as yesterday was 6517 i played it ??
  • #368,946
  • Mar 21, 2014 6:33am Mar 21, 2014 6:33am
Quoting squawk
{quote} Looks like its going to fill back to 6480. Maybe a continued move down from there. {image}
No I think going on MAs and S&R it is going back up. If it goes to 1.6516 it could go quite a lot higher
  • #368,947
  • Mar 21, 2014 6:33am Mar 21, 2014 6:33am
Quoting nAVIN2007
{quote} nice chart
seems like a good sign for your bear Navin, we have 2 weekly bearish candle, based on my calculation if 1.58xx target is valid, maybe it will take 3 till 7 month to get there, but it is also possible Russia issue can be trigger for cable to going down faster.....

As usual the price will dance up and down...but we get the range of the price getting lower and lower
  • #368,948
  • Mar 21, 2014 6:38am Mar 21, 2014 6:38am
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take your pick long or fake long then short
  • #368,949
  • Mar 21, 2014 6:41am Mar 21, 2014 6:41am
trend is your friend ,,,short big lot fuck it sorry ball are big
  • #368,950
  • Mar 21, 2014 6:44am Mar 21, 2014 6:44am
Quoting elbert3
trend is your friend ,,,short big lot fuck it sorry ball are big
come on 6502 short ????????????????????????????
  • #368,951
  • Mar 21, 2014 6:46am Mar 21, 2014 6:46am
Quoting elbert3
{quote} come on 6502 short ????????????????????????????
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  • #368,952
  • Mar 21, 2014 6:51am Mar 21, 2014 6:51am
Quoting elbert3
{quote} {image}
Yes.Target 16450
  • #368,953
  • Mar 21, 2014 6:53am Mar 21, 2014 6:53am
Quoting elbert3
{quote} same number as yesterday was 6517 i played it ??
Hi Elbert 3 how far GBP today could rally down?
  • #368,954
  • Mar 21, 2014 7:00am Mar 21, 2014 7:00am
Quoting godim
Bulls definitely seek the support of the pink. Maybe. gbp/usd H4 {image} If the euro broke above 3799. {image} We can expect the attack up. In both pairs.
eur/usd M15

This is for the euro, but there is a similar graph for the cable.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 55 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #368,955
  • Mar 21, 2014 7:05am Mar 21, 2014 7:05am
Hello thread readers,


present daily low is between Weekly S2 pivot and 61.8% of the 6250-6823 move. Next nearest fib is 6451 38.2% 5853-6823. Most likely to be a bearish weekly candle and the rising weekly trend line was broken this week ? Encouraging for the longer term bears ? There is a rising daily trend line just below maybe even at present daily low as well.

Best Wishes.
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it's all gone a bit........
  • #368,956
  • Mar 21, 2014 7:11am Mar 21, 2014 7:11am
Quoting Dr.Zain
{quote} how far GBP today could rally down?
my forecast - 1,6380
  • #368,957
  • Mar 21, 2014 7:54am Mar 21, 2014 7:54am
1.6468 then 6370 then 6250 just some lower targets
  • #368,958
  • Mar 21, 2014 8:20am Mar 21, 2014 8:20am
Quoting Dr.Zain
{quote} Hi Elbert 3 how far GBP today could rally down?
sory i left the building so that i could not finger the pc lol. not sure as always take what you can from what the market gives you, if you get to a point where your in profit, and your not sure but you think it might go lower take some off ie 80-90 % and let it run gl
  • #368,959
  • Mar 21, 2014 8:34am Mar 21, 2014 8:34am
Quoting needpips
1.6468 then 6370 then 6250 just some lower targets
I doubt that. Still see many space for some upsides.
  • #368,960
  • Mar 21, 2014 8:58am Mar 21, 2014 8:58am
AM i the only one long here? You guys need to look at your 4 hour chart at 6480. There is major support there. It has been bouncing off that area for two days now. Until it breaks that area with a solid move down. I will be buying more. Look at the chart tell me it has broken that area. It hasnt. Less time on this site more time reading charts.
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