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Cable Update (GBPUSD)

  • #369,561
  • Mar 28, 2014 6:18am Mar 28, 2014 6:18am
Quoting godim
{quote} All right. Openings of 6612. The level of the line 6617. This means resistance. But then there is a "loss of resistance" at the level of 6618. That to me is likely to move along the line. After 4 hours we can expect the price level of 6623. {image}
1,6600 is a tough one, will hold regardless of outcome,
swing it!
  • #369,562
  • Mar 28, 2014 7:10am Mar 28, 2014 7:10am
coming out off the last quarter us could have good green figures , at a guess 6582??
  • #369,563
  • Mar 28, 2014 7:38am Mar 28, 2014 7:38am
Quoting tomspin
{quote} Place 10 SMA on the naked chart and watch candles around london open. There is a very simple signal once in a while for 50 pips, ALWAYS london open

I would never clutter up my naked charts with worthless junk.
  • #369,564
  • Mar 28, 2014 7:43am Mar 28, 2014 7:43am
Looks like a good sell position but then what do i know, still on holidays lol ;-) .. guess we all have our orders from time to time.. yes sorry darling just checking my emails, coming dear..
  • #369,565
  • Mar 28, 2014 7:48am Mar 28, 2014 7:48am
Quoting tomspin
I sold 1,6617 with 10 pips stop and 1,6577 target
stoped
swing it!
  • #369,566
  • Mar 28, 2014 8:00am Mar 28, 2014 8:00am
Quoting godim
{quote} Is there support? That is the question. For now there is! {image} {image}
This "game" starts all over again? Selling of the red line? Maybe.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 47 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #369,567
  • Mar 28, 2014 8:05am Mar 28, 2014 8:05am
i have 6363 res line ?? we will know if banks are here take up and dump??
  • #369,568
  • Mar 28, 2014 8:07am Mar 28, 2014 8:07am
Quoting godim
{quote} This "game" starts all over again? Selling of the red line? Maybe. {image}
Breakthrough. Then we can be thinking about buying the support level of 3738 in an hour. Maybe.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 47 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #369,569
  • Mar 28, 2014 8:09am Mar 28, 2014 8:09am
Quoting elbert3
i have 6363 res line ?? we will know if banks are here take up and dump??
all red eu ??
  • #369,570
  • Mar 28, 2014 8:12am Mar 28, 2014 8:12am
Quoting elbert3
i have 6363 res line ?? we will know if banks are here take up and dump??
Attached Image (click to enlarge)
Click to Enlarge Name: TABLICA_02.png Size: 151 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #369,571
  • Mar 28, 2014 8:17am Mar 28, 2014 8:17am
it looks like someone is dumping GBP up here...

GU M15
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 39 KB
  • #369,572
  • Edited 8:48am Mar 28, 2014 8:26am | Edited 8:48am
It is the other way around. The Japanese central bank is buying up GBP keeping it from dropping. Yesterdays news should not have pushed up so high and todays News should have pushed lower

That is what they did all last fall


Look at Geppy, I have no doubt it will go up
  • #369,573
  • Mar 28, 2014 8:26am Mar 28, 2014 8:26am
Quoting chazzle
it looks like someone is dumping GBP up here... GU M15 {image}
I thinks we will kiss 1.67 today,
  • #369,574
  • Mar 28, 2014 8:32am Mar 28, 2014 8:32am
Quoting lonewolf1
You guys still crack me up. I can promise you institutional Banks and traders could care less was an ema or sma is. They drive price they don't need some silly indicator to tell them when to get into trades.
Yes, they do care since they could care less.

Now it is up to you to figure out why.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #369,575
  • Mar 28, 2014 8:41am Mar 28, 2014 8:41am
Quoting chazzle
it looks like someone is dumping GBP up here... GU M15 {image}
could be profit taking, friday the wives need new dresses ?? lol
  • #369,576
  • Mar 28, 2014 8:43am Mar 28, 2014 8:43am
Quoting Mr. Scott
{quote} Yes, they do care since they could care less. Now it is up to you to figure out why.

Big Banks make price. When they trade their orders are so big they actually move the market. They don't sit around saying lets wait till it hits a 200 ema lol. They buy when the market is low, and sell when the market is high. They don't pay attention to indicators to trade.
  • #369,577
  • Mar 28, 2014 8:44am Mar 28, 2014 8:44am
Quoting Sherpa
It is the other way around. The Japanese central bank is buying up GBP keeping it from dropping. Yesterdays news should not have pushed up so high and todays News should have pushed lower That is what they did all last fall
no such thing as should imo, just what IS
  • #369,578
  • Mar 28, 2014 8:46am Mar 28, 2014 8:46am
Quoting Dza101
{quote} I thinks we will kiss 1.67 today,
do you still think that now?

GU M15
Attached Image (click to enlarge)
Click to Enlarge Name: gum15.PNG Size: 40 KB
  • #369,579
  • Mar 28, 2014 8:47am Mar 28, 2014 8:47am
no problems until 1.68
  • #369,580
  • Mar 28, 2014 8:48am Mar 28, 2014 8:48am
Quoting elbert3
{quote} could be profit taking, friday the wives need new dresses ?? lol
quiet poss. and them dresses cost $$$

but lets not forget the lady traders also - their guys need a lot of beer money
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