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Cable Update (GBPUSD)

  • #377,881
  • May 16, 2014 4:29am May 16, 2014 4:29am
Quoting DerekTrotter
{quote} Copy that E.. u know what not one to play the Mystic Meg game - but just kinda sensing back up to the 170.. plus change area, but then Famous last words hey .. mind the icebergs Captain .. and the rest is or was history .. LONG for the day ..
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dedicating this to your return ,, keep out of the blue and in the red , nothing in this game for blue in the bed ????
  • #377,882
  • May 16, 2014 4:33am May 16, 2014 4:33am
Quoting elbert3
{quote} {image} i will go with that chart drawn and looking at the fxstreet danska tp is 35 ish
All I'll say is a buddy of mine here tracks the "call record" of FXstreet's posts. They have a very respectable 95% failure rate. Will this one be in the other 5%? But I'll not put "my" money on it.

Thank God for charts.
Ghost Rider - WWTBMD?
  • #377,883
  • May 16, 2014 4:33am May 16, 2014 4:33am
Quoting JimmyC
GU 1H Testing overhead R {image}
I agree with you! Also, we are next to a 61.8% ret, and also can be considered a pullback to the red ascending trendline, which is a trendline starting on march 24
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  • #377,884
  • May 16, 2014 4:37am May 16, 2014 4:37am
Quoting Carlicus
{quote} Hi Chris! Yeah, it sounds terrible strange that they say the price "CAN'T trade above" hahaha, who the f#ck do they think they are, god? If the market wants, the price will hit 1.40 or whatever is needed. If I don't remember badly, 1.40 was an important barrier option, if it is touched, the buyers of the options will lose a lot of money, so the buyers are protecting the price from touching 1.40. In EURUSD, a good short entry would be 1.3825, in my opinion, that's why I linked those articles {image}
But that's just it Carlicus, they ARE god in the FX market. Just this... ...kind of god. I'm sorry but, when it comes to "news" I read it and then look around at reality and very seldom do they match. Call me skeptical but, I just somehow feel they aren't my friend in all this.
Ghost Rider - WWTBMD?
  • #377,885
  • May 16, 2014 4:41am May 16, 2014 4:41am
ok the number I'm interested in is 820 like you guys ,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,886
  • May 16, 2014 4:42am May 16, 2014 4:42am
GBP/USD needs paramedics to resuscitate.
  • #377,887
  • May 16, 2014 4:48am May 16, 2014 4:48am
Quoting Bones
ok the number I'm interested in is 820 like you guys , {image} {image}
but 6813 was a support this means it trading off the 20 ema on the 4 hour if it does the candle we are on now will be a big turn down or we hit the fib and bang drop taking out 730
  • #377,888
  • May 16, 2014 4:49am May 16, 2014 4:49am
Quoting Didgeridoo
GBP/USD needs paramedics to resuscitate.
Hahahaha Very nice one
  • #377,889
  • May 16, 2014 4:55am May 16, 2014 4:55am
have a look on h1 price around swing ,its best place for pa ,:nerd:


Quoting elbert3
{quote} but 6813 was a support this means it trading off the 20 ema on the 4 hour if it does the candle we are on now will be a big turn down or we hit the fib and bang drop taking out 730
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #377,890
  • May 16, 2014 4:58am May 16, 2014 4:58am
Quoting Carlicus
{quote} In EURUSD, a good short entry would be 1.3825, in my opinion, that's why I linked those articles {image}
Not that I trade it much if at all but, I have a slightly different view of it as of now. Daily chart. "IF" it breaks back through the daily TL and the 50%, I'd be looking to short around the 50ema currently at 1.3796. If it can't, then I'd probably go short from right around here depending on PA at next week's open.

I think the EUR is weaker looking than the GBP "as of now" but like GU, it's still in an overall uptrend. Yesterday everyone was talking about the double top and I of course agree. That's what sent it down here most likely. But ... what about this double bottom at the 61.8%? Heck of a bounce off those 200ma's too. Currently trading above the DP. Not that this no volume market is "trading".... LOL
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Ghost Rider - WWTBMD?
  • #377,891
  • May 16, 2014 5:02am May 16, 2014 5:02am
Quoting Bones
have a look on h1 price around swing ,its best place for pa ,:nerd: {quote} {image}
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dont like this one?? its now or???
  • #377,892
  • May 16, 2014 5:03am May 16, 2014 5:03am
Quoting albchr
{quote} Not that I trade it much if at all but, I have a slightly different view of it as of now. Daily chart. "IF" it breaks back through the daily TL and the 50%, I'd be looking to short around the 50ema currently at 1.3796. If it can't, then I'd probably go short from right around here depending on PA at next week's open. I think the EUR is weaker looking than the GBP "as of now" but like GU, it's still in an overall uptrend. Yesterday everyone was talking about the double top and I of course agree. That's what sent it down here most likely....
Thanks for you view bro!
  • #377,893
  • May 16, 2014 5:10am May 16, 2014 5:10am
Quoting albchr
{quote} Good morning Jimmy Yep, been waiting a loooonnnnnggggg time for the first test of 6820. Who knows, may even get there today unless this 100ema stops it... lol {image}
... lol
Ghost Rider - WWTBMD?
  • #377,894
  • May 16, 2014 5:17am May 16, 2014 5:17am
Quoting Carlicus
{quote} Thanks for you view bro!
Will be interesting to see if I'm even close.
Ghost Rider - WWTBMD?
  • #377,895
  • May 16, 2014 5:29am May 16, 2014 5:29am
added short at 795 sl on the open target 15 pips rescue time
  • #377,896
  • May 16, 2014 5:35am May 16, 2014 5:35am
Quoting elbert3
added short at 795 sl on the open target 15 pips rescue time
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as above never stop on a whole number ???
  • #377,897
  • May 16, 2014 5:35am May 16, 2014 5:35am
Quoting elbert3
added short at 795 sl on the open target 15 pips rescue time
You are brave my man.
Ghost Rider - WWTBMD?
  • #377,898
  • May 16, 2014 5:37am May 16, 2014 5:37am
Looking to long the Euro at 680 - 670 if we get there.
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  • #377,899
  • May 16, 2014 5:44am May 16, 2014 5:44am
Quoting squawk
Looking to long the Euro at 680 - 670 if we get there. {image}

I am thinking the same, but a bit hesitant as PA suggests otherwise for EUR USD
  • #377,900
  • May 16, 2014 5:47am May 16, 2014 5:47am
Quoting squawk
Looking to long the Euro at 680 - 670 if we get there. {image}
That could make a nice little bounce if it reaches it. I have the 61.8% at 3663 and DS1 a pip or two above it. I wonder if the daily 200sma at 3683 will let it get there. It could as the daily 200ema is at 3656. The same bounce as yesterday give or take a couple.

http://www.forexfactory.com/showthre...67#post7473467
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