Cable Update (GBPUSD)

Quoting HDA

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I stand by everything I have written and please QUOTE ME on it in the future. Remember two weeks from now, WEDNESDAY, AUGUST 27, 2014 we can talk more about this trade. Just remember I am the only one still calling LONG and holding regardless of what is going on in the market from day to day. Nothing special is happening on AUGUST 27 - its just that its two weeks from now. You have seen my entry You have read my plan two weeks prior to it being executed on AUG 1, 2014 IT WAS EXECUTED - THURSDAY, AUGUST 13, 2014 - Long 1.6720 Now...

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Quoting GlobalMacro

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{quote} Hi Safhammer, Thank you. Well, the downtrend may not have been over yet , but I didn't want to give back profits on the bounce off support.... If this is a pull back then I'm expecting the descending wedge in the chart I posted to be tested , but only a pullback if anything at this point. I closed my short position and took profits. Right now I don't have any buy or sell positions , my position's flat.

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Quoting albchr

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{quote} ...

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Quoting Mr. Scott

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{quote} Perhaps something like this? {image}

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Quoting HDA

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{quote} @Mr.Scott: Is that an AUD/NZD chart? HDA OUT

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Quoting eliasahmar

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{quote} thank you so much for your answer! if it goes below 6630 then I'm looking for 6595 to go long! Cheers

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Quoting Mr. Scott

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{quote} Yes sir.

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Quoting HDA

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....Just remember I am the only one still calling LONG andholding regardless of what is going on in the market from day to day.

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Quoting hollowhead

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{quote} HDA - you're not the only one long and holding. I have been long pretty much since I closed my 19 short positions. I will be adding and holding to 1.745ish.

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Quoting hollowhead

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{quote} {quote} {quote} Thank you gents. TBH that was one of the hardest stack to close. It wasn't at the target I wanted, and I hate closing before TP - to me it's like moving a SL the wrong way - it reenforces bad habits and allows the greed/fear to rule. But, without knowing whether I could monitor price and reenter if any were closed out at BE next week I figured it wasn't fear winning, but pragmatism. I will start building longs when I see signs of the bull trend resuming.

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Quoting HDA

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{quote} @eliasahmar: Billions of dollars was thrown at 1.6700 to support the Bull trend. I have already explained in my trading plan that between 1.6730 and 1.6500 position traders will be looking for long entries. Why has the GBP/USD not continue its rapid decent? Why are we hovering so calmly at this level? Will it break? Will it hold? Billions of dollars thrown at 1.6700 is a significant marker. Forget indicators, Forget Technical Analysis, Forget Fundamentals, Forget Carney This, Forget Yellen That, and try and find...

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Quoting HDA

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{quote} Why has the GBP/USD not continue its rapid decent? Why are we hovering so calmly at this level? Will it break? Will it hold? Billions of dollars thrown at 1.6700 is a significant marker. Forget indicators, Forget Technical Analysis, Forget Fundamentals, Forget Carney This, Forget Yellen That,

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Quoting ill_be_back

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{quote} I believe a lot of the Intra day Traders are waiting for this to go to 1.6500 to go LONG( They can not handle a draw down of 200 pip+ like you) My Plan as Intra Day Trader, Waiting for this to make a double bottom then go LONG TP 1.6735, Then SHORT from around 1.6735 to my Original Target 1.64475 Then Go LONG AGAIN (All this Only if things go according to Plan or I Jump Ship)

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Quoting HDA

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{quote} @hollowhead: What is your entry price? You never declared your long to the forum. I refer to long positions based on posts made by traders Did you share your entry long in the forum? That was your last post on AUG 8: {quote} HDA OUT

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Quoting HDA

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{quote} @ill_be_back: ONLY IN THE FOREX WORLD - THE CAPTAIN NEVER GOES DOWN WITH THE SHIP HDA OUT

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Quoting sami4240

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{quote} with Due respect... can we have some light on your Quote line... billions of dollar thrown at a certain level... i hope im not the only one who is thinking.. HOW do you get this FACT ?

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Quoting HDA

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{quote} @Sami4240: Open an institutional account which gives you direct access to the interbank. You will then see volumes of batches of yards to give you an idea or the volume being swallowed up at different price levels and also the volume available at different price levels in YARDS. I'm heading to the Beach now HDA OUT

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Quoting HDA

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{quote} @KING OF COMEDY: You and THE CONSCIENCE aka JimmyC had closed your trade long that's why I stated my dear friend "STILL" and "HOLDING" THE CONSCIENCE aka JimmyC has opened back another long trade - I'm seeing now, oops and also Carlicus Did you enter long again? HDA OUT

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