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Cable Update (GBPUSD)

  • #381,001
  • Jun 9, 2014 6:44am Jun 9, 2014 6:44am
Quoting elbert3
{quote} a brave man could got short 802 resistance now ,,it has to be ,, off the pivot pp trade on manage in case wrong
so are you that brave man http://www.easyfreesmileys.com/smile...mileys-320.gif
  • #381,002
  • Jun 9, 2014 7:01am Jun 9, 2014 7:01am
Quoting PoundTrader
{quote}so are you that brave man {image}
no lol i am just hoping 810 holds up lol
  • #381,003
  • Jun 9, 2014 7:01am Jun 9, 2014 7:01am
Quoting OnlineAddict
{quote} I think we are seeing eur's bottom for the week, or close to it. I don't want to be bear on either eur and gbp from now on.

You wills ee euro bottoming out.. around 1.3586 prob a running correction so it will be aggresive there.. shoot straight too 1.3644 area then back towards 136 for buyers to get a 2nd bit of the cherry.

although USD is stil of its makr needs get back to at least 73 and is only at 52.. possibly could go to77 or even 88 but even at 73 that should be approx 0 pips on euro which would take it under the 1.3586 mark but i am intent on that 1.3586 for me.. its the bottom, hope usd gets to he point around 73 or a bit higher the time eur usd is at 86
  • #381,004
  • Jun 9, 2014 7:03am Jun 9, 2014 7:03am
also what yu might get is Eur usd up now till 1.3644 then short too 1.3586 also possible... i had 1.3597 as my inital long but then lokng at charts decided i wanted the bottom being 1.3586
  • #381,005
  • Jun 9, 2014 7:04am Jun 9, 2014 7:04am
Quoting elbert3
{quote} it will be ok i ma 43 up 2 trades plus this one off the pivot as posted the battle of numbers lol trying to get back into 800 we need to totally clear this area now ,, chin up

If you really want to be succesful in trading voer the long time you need to cut those bad habits out.. you will blow up your account/ or accounts
  • #381,006
  • Jun 9, 2014 7:05am Jun 9, 2014 7:05am
Quoting elbert3
{quote} no lol i am just hoping 810 holds up lol
http://www.easyfreesmileys.com/smileys/computer-31.gif
  • #381,007
  • Jun 9, 2014 7:05am Jun 9, 2014 7:05am
Quoting RussJ
{quote} You wills ee euro bottoming out.. around 1.3586 prob a running correction so it will be aggresive there.. shoot straight too 1.3644 area then back towards 136 for buyers to get a 2nd bit of the cherry. although USD is stil of its makr needs get back to at least 73 and is only at 52.. possibly could go to77 or even 88 but even at 73 that should be approx 0 pips on euro which would take it under the 1.3586 mark but i am intent on that 1.3586 for me.. its the bottom, hope usd gets to he point around 73 or a bit higher the time eur usd is at...
your like me typing faster than your brain can cope with lol but i know what you mean to write ,,,B
  • #381,008
  • Jun 9, 2014 7:32am Jun 9, 2014 7:32am
Attached Image


Will the rope break?
Everyone can see the chart, but only a few can actually read it.
  • #381,009
  • Jun 9, 2014 7:33am Jun 9, 2014 7:33am
Quoting RussJ
{quote} You wills ee euro bottoming out.. around 1.3586 prob a running correction so it will be aggresive there.. shoot straight too 1.3644 area then back towards 136 for buyers to get a 2nd bit of the cherry. although USD is stil of its makr needs get back to at least 73 and is only at 52.. possibly could go to77 or even 88 but even at 73 that should be approx 0 pips on euro which would take it under the 1.3586 mark but i am intent on that 1.3586 for me.. its the bottom, hope usd gets to he point around 73 or a bit higher the time eur usd is at...
It would be too easy...everybody would start longing at 3580...market is not that kind...it mostly makes people believe its going there before turning just a few pips away from it. I think this is the bottom.
Everyone can see the chart, but only a few can actually read it.
  • #381,010
  • Jun 9, 2014 7:37am Jun 9, 2014 7:37am
People start calling lower numbers for eur in the other thread, so the upmove should be now confirmed.
Everyone can see the chart, but only a few can actually read it.
  • #381,011
  • Jun 9, 2014 8:02am Jun 9, 2014 8:02am
how I read weekly ,in an ideal world tho Id like to see below 783 close d1
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD w1 9 june (DFB).png Size: 34 KB
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  • #381,012
  • Jun 9, 2014 8:17am Jun 9, 2014 8:17am
Quoting OnlineAddict
People start calling lower numbers for eur in the other thread, so the upmove should be now confirmed.
dont worry what everyone else thinks, you plan long so long... i am longing at 13586 myself.. get out of this cable as soon as its there, shoudl ahve realized euro would drop more quckly than cable because euro gbp had to come back too 90/85

dont get me wrong cable will still go down but when usd is being shorted.. quicker money on euro as per my inital plan
  • #381,013
  • Jun 9, 2014 8:33am Jun 9, 2014 8:33am
did you get in onlineaddict??? got in at 90 myself.. stop like 78 risk 12 pips... exited gbp too make room for euro long as if usd is going down and bearish on cable then euro will movefaster as i'm bullish if of course analysis is correct which confident on but could be wrong
  • #381,014
  • Jun 9, 2014 8:39am Jun 9, 2014 8:39am
Anyone trading this shape
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 4.png Size: 39 KB
  • #381,015
  • Jun 9, 2014 8:44am Jun 9, 2014 8:44am
Quoting RussJ
{quote} dont worry what everyone else thinks, you plan long so long... i am longing at 13586 myself.. get out of this cable as soon as its there, shoudl ahve realized euro would drop more quckly than cable because euro gbp had to come back too 90/85 dont get me wrong cable will still go down but when usd is being shorted.. quicker money on euro as per my inital plan
I would go long eur at this point, but I'm already long cable, I don't want to overtrade, had to pick something, cable seems to be more bullish to me right now. Just waiting for eur bears to get tired. I still want to see 1.6860 before more down.
Everyone can see the chart, but only a few can actually read it.
  • #381,016
  • Jun 9, 2014 8:49am Jun 9, 2014 8:49am
get out of cable long i would.. cable is bearish.. euro is strong,, if anything long euro gbp... euro had to fall quciker this morning for euro gbp to get back to its long point, i failed to see this also although i knew direction, on both i failed to see which one would short qucikest first.. but now euro shoud go up as usd is going to get sold but no one will be buying cable in my opinion, cable will be stagnant and when usd turns stronger cable be the best to short again thats my opinion and if euro breaks this 80 level then i will be incorrect but usd is at short point or close too and euro is at its buy spot.. cable is not at a buy spot but is off and not at it s support either just my opinion
  • #381,017
  • Jun 9, 2014 8:50am Jun 9, 2014 8:50am
Quoting OnlineAddict
{quote} I would go long eur at this point, but I'm already long cable, I don't want to overtrade, had to pick something, cable seems to be more bullish to me right now. Just waiting for eur bears to get tired. I still want to see 1.6860 before more down.

Actually dont take my advise, stick to your plan, if wrong question yurself why and investigate, good practice though not over trading and sticking to firm rules
  • #381,018
  • Jun 9, 2014 8:51am Jun 9, 2014 8:51am
Quoting RussJ
get out of cable long i would.. cable is bearish.. euro is strong,, if anything long euro gbp... euro had to fall quciker this morning for euro gbp to get back to its long point, i failed to see this also although i knew direction, on both i failed to see which one would short qucikest first.. but now euro shoud go up as usd is going to get sold but no one will be buying cable in my opinion, cable will be stagnant and when usd turns stronger cable be the best to short again thats my opinion and if euro breaks this 80 level then i will be incorrect...
If it hits my scalp number 1.6817, I may get out...depends how today goes on. And then I will re-enter before tomorrow's news.
Everyone can see the chart, but only a few can actually read it.
  • #381,019
  • Jun 9, 2014 8:52am Jun 9, 2014 8:52am
Quoting RussJ
{quote} Actually dont take my advise, stick to your plan, if wrong question yurself why and investigate, good practice though not over trading and sticking to firm rules
Looks like both eur and cable have one more move down. For me its important that cable doesn't break friday's low, if it stays above 80, should be a safe long, at least a scalp. You were right about euro going down towards the 80s, though.
Everyone can see the chart, but only a few can actually read it.
  • #381,020
  • Jun 9, 2014 8:59am Jun 9, 2014 8:59am
yep as i look at the usd it loos like it could go upto 87 before being shorted unfortunately hope i am wrong though, defintely chances of shorting here and reasons just hope it works, euro is defo at its spot though for long so hoping usd p[ushes down and doesn;t reach that 87
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