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Cable Update (GBPUSD)

  • #397,761
  • Sep 10, 2014 2:41am Sep 10, 2014 2:41am
think cable will go to 1.64
  • #397,762
  • Sep 10, 2014 2:45am Sep 10, 2014 2:45am
Quoting pipskatcher
what is expecting from UK today ?
This market looks overheated. USD looks overbought. GBP possibly overbought too (?)

My eyes are on NZD, particularly GBP/NZD - watching to see if NZD rallies, and the downtrend in this pair resumes. EUR/NZD could perhaps be better, given unpredictability of UK data later (which other website's calendar's have overlooked).
  • #397,763
  • Sep 10, 2014 2:45am Sep 10, 2014 2:45am
Quoting nAVIN2007
think cable will go to 1.64
Morning Nav you still long ,,Billy
  • #397,764
  • Sep 10, 2014 2:54am Sep 10, 2014 2:54am
Quoting elbert3
{quote} Morning Nav you still long ,,Billy

yes buddy..looking to close the gap but i think it will bounce up to 1.64 at least
also a possibility of 1.7..as this mofo may have found a different range..(needs to break 1.67 for that thou)

personally i think 1.66 but depends on what happens this week (50% retrace)
  • #397,765
  • Sep 10, 2014 3:00am Sep 10, 2014 3:00am
Quoting nAVIN2007
{quote} yes buddy..looking to close the gap but i think it will bounce up to 1.64 at least also a possibility of 1.7..as this mofo may have found a different range..(needs to break 1.67 for that thou) personally i think 1.66 but depends on what happens this week
must be hard for you if your still holding short ,,but you saved a lot of money closing months ago at the top,,just try and make money and consider them as stock,lol gl ..
  • #397,766
  • Sep 10, 2014 3:04am Sep 10, 2014 3:04am
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 60 KB
looking now at keeping the price above the 200,100,and 50, which unless any bad news should act as support now,,but remember only 15 min chart,,thing change ..
  • #397,767
  • Sep 10, 2014 3:08am Sep 10, 2014 3:08am
Attached Image (click to enlarge)
Click to Enlarge Name: gbcad.png Size: 62 KB
my gbcad is great at this time just put pp on now turning into very nice profit,,
  • #397,768
  • Sep 10, 2014 3:11am Sep 10, 2014 3:11am
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.png Size: 60 KB
missed the breakout after watching this ,took eye of the game,,???
  • #397,769
  • Sep 10, 2014 3:13am Sep 10, 2014 3:13am
wow 1.7 ,nav your gonna have to add chart

Quoting nAVIN2007
{quote} yes buddy..looking to close the gap but i think it will bounce up to 1.64 at least also a possibility of 1.7..as this mofo may have found a different range..(needs to break 1.67 for that thou) personally i think 1.66 but depends on what happens this week (50% retrace)
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #397,770
  • Sep 10, 2014 3:25am Sep 10, 2014 3:25am
Lets try a long from 87
  • #397,771
  • Sep 10, 2014 3:26am Sep 10, 2014 3:26am
Quoting nAVIN2007
{quote} yes buddy..looking to close the gap but i think it will bounce up to 1.64 at least also a possibility of 1.7..as this mofo may have found a different range..(needs to break 1.67 for that thou) personally i think 1.66 but depends on what happens this week (50% retrace)
1.65-66 possible I suppose nav
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 22 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 42 KB
Click to Enlarge Name: GBPUSDMonthly.png Size: 35 KB
Come with me if you want to live....
  • #397,772
  • Sep 10, 2014 3:30am Sep 10, 2014 3:30am
Quoting 2012mysterio
Again all depends on your account size, your trades total positions DD, and your margin call level. Some people will hold it till margin call. It can turn anytime and take them into big profits, may take months.. or keep going against them few thousand pips more till margin call. If you can hold a loss without a margin call, all the way till price goes to 0.- you have no worries. But then hard to make a living from 1 cent a pip. Most of us, want to make profits regularly, and are not willing to be margin called. Thats why even scaling in martingale...
I think it would have been better if going to long from 1.6720, maybe bought a Put Call with strike at 1.6550, for more protection and then getting swaps is nicer.
  • #397,773
  • Sep 10, 2014 3:34am Sep 10, 2014 3:34am
won't surprise me if we bounce around this 2 part monthly range for sometime to come
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 38 KB
Come with me if you want to live....
  • #397,774
  • Sep 10, 2014 3:38am Sep 10, 2014 3:38am
Quoting hoom
watch out for reaction near 6150 level M15 {image}
6150 still holding . same as yesterday .
M15
Attached Image (click to enlarge)
Click to Enlarge Name: Captufre.PNG Size: 22 KB
Get Rich or Die Tryin
  • #397,775
  • Sep 10, 2014 3:45am Sep 10, 2014 3:45am
Short GU 1.6126 tp 1.6018 50% retracment
  • #397,776
  • Sep 10, 2014 3:52am Sep 10, 2014 3:52am
"YES" leading. Pound suffers again.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #397,777
  • Sep 10, 2014 3:53am Sep 10, 2014 3:53am
spike not full ??? 6185???
  • #397,778
  • Sep 10, 2014 3:54am Sep 10, 2014 3:54am
Quoting hoom
{quote} 6150 still holding . same as yesterday . M15 {image}
Good calls Hoom , E
  • #397,779
  • Sep 10, 2014 4:04am Sep 10, 2014 4:04am
1.59 or 1.57
  • #397,780
  • Sep 10, 2014 4:04am Sep 10, 2014 4:04am
Quoting OnlineAddict
This is not a spike to go long with. Market makers are probably just loading up for shorts.
Quoting OnlineAddict
Short 6138, SL 22 pips(6160), target 1.57.
I warned you.
Everyone can see the chart, but only a few can actually read it.
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