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Cable Update (GBPUSD)

  • #399,841
  • Sep 24, 2014 3:03am Sep 24, 2014 3:03am
Quoting elbert3
{image} range .the 5 min is doing my head in it is up and down like a yoyo looking to go lower ,,but not sure
Never could understand how anyone could trade the 5min but thats just me.
  • #399,842
  • Sep 24, 2014 3:13am Sep 24, 2014 3:13am
Quoting stewrigh
{quote} Never could understand how anyone could trade the 5min but thats just me.
this morning i could not i took 3 trades lost 2 in 3rd now had to come out and look bigger picture ,,but i think today i should not of bothered ,,,not getting the feel,,that means loss,??? i have a feeling gbusd is getting dumped to 6308 we will see the regards E
  • #399,843
  • Sep 24, 2014 3:29am Sep 24, 2014 3:29am
Quoting elbert3
{quote} this morning i could not i took 3 trades lost 2 in 3rd now had to come out and look bigger picture ,,but i think today i should not of bothered ,,,not getting the feel,,that means loss,??? i have a feeling gbusd is getting dumped to 6308 we will see the regards E
i like ur gbpcad entry whats ur sl am also taken entry near 8151 my sl today high
  • #399,844
  • Sep 24, 2014 3:32am Sep 24, 2014 3:32am
Quoting DifferTrader
{quote} i like ur gbpcad entry whats ur sl am also taken entry near 8151 my sl today high
yes same here i am going on the pattern from past ..gl E
  • #399,845
  • Sep 24, 2014 3:36am Sep 24, 2014 3:36am
Quoting elbert3
{quote} this morning i could not i took 3 trades lost 2 in 3rd now had to come out and look bigger picture ,,but i think today i should not of bothered ,,,not getting the feel,,that means loss,??? i have a feeling gbusd is getting dumped to 6308 we will see the regards E
with ya on GU dump, we'll see .. good luck..
Gcad looks good for shorts as well..

GN working its way up to shorting zone hopefully too..
  • #399,846
  • Sep 24, 2014 3:45am Sep 24, 2014 3:45am
Quoting elbert3
{quote} yes same here i am going on the pattern from past ..gl E
Looks good for CT trade.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad.jpg Size: 140 KB
  • #399,847
  • Sep 24, 2014 4:02am Sep 24, 2014 4:02am
long @ 1.6389 , sl: 1.6349 , tp: 1.6519
Hear the music before the song is over ...
  • #399,848
  • Sep 24, 2014 4:03am Sep 24, 2014 4:03am
Quoting 2012mysterio
{quote} with ya on GU dump, we'll see .. good luck.. Gcad looks good for shorts as well.. GN working its way up to shorting zone hopefully too..
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 56 KB
?????
  • #399,849
  • Sep 24, 2014 4:10am Sep 24, 2014 4:10am
Quoting albchr
{quote} LOL ... All I was going to fault you for was coming "this" close to taking THE COMMENTATOR'S job today ....
@THE COMMENTATOR:

Sorry elbert3, I didn't mean to overstep my boundary.

GBP/CAD longs remain good intraday
GBP/USD - don't forget the 1.6450 options expiry today - so GBP/USD will be bouyant
USD/CAD - don't forget the attempt to breach the 1.1100 options barrier

If that barrier goes - GBP/CAD - will go off to the moon


@The King of Comedy:
Thanks for reminding me that I am HDA and not THE COMMENTATOR

Warm regards
HDA
  • #399,850
  • Sep 24, 2014 4:11am Sep 24, 2014 4:11am
Wow! the Scottish Referendum has certainly had an effect on Cable. I cannot see it reaching 1.65*** until next week. It is struggling to recover from the battering it took from the prospect of Scotland's secession. Reinvestment in Pound Sterling has not been as swift as I thought it would be and now we have a situation where GBP is struggling to get back up the hill and reach more familiar territory. We are seeing ranging within a thousand pips but on aggregate Cable is appreciating.
  • #399,851
  • Sep 24, 2014 4:15am Sep 24, 2014 4:15am
Maybe some resistance at 1.8187 for GBPCAD..........then 1.8216
  • #399,852
  • Sep 24, 2014 4:17am Sep 24, 2014 4:17am
buy buy buy

pound does not fall
  • #399,853
  • Edited 4:32am Sep 24, 2014 4:21am | Edited 4:32am
Quoting ben82
buy buy buy pound does not fall
till about 1.6410 or 1.6426........(maybe bounce first from 1.6484.........either way it'll get to 1.6343)
  • #399,854
  • Sep 24, 2014 4:22am Sep 24, 2014 4:22am
Quoting HDA
{quote} @THE COMMENTATOR: Sorry elbert3, I didn't mean to overstep my boundary. GBP/CAD longs remain good intraday GBP/USD - don't forget the 1.6450 options expiry today - so GBP/USD will be bouyant USD/CAD - don't forget the attempt to breach the 1.1100 options barrier If that barrier goes - GBP/CAD - will go off to the moon @The King of Comedy: Thanks for reminding me that I am HDA and not THE COMMENTATOR Warm regards HDA
LOL GOOD MORNING ,,
  • #399,855
  • Sep 24, 2014 4:23am Sep 24, 2014 4:23am
Quoting elbert3
{quote} LOL GOOD MORNING ,,
@THE COMMENTATOR:

Good Morning

GBP/USD - will be heading for the options interest at 1.6450

Warm regards

HDA
  • #399,856
  • Sep 24, 2014 4:23am Sep 24, 2014 4:23am
Quoting ben82
buy buy buy pound does not fall
now its going to fall
  • #399,857
  • Sep 24, 2014 4:28am Sep 24, 2014 4:28am
Quoting erangabuddy
{quote} hi brother . i have entered short at 1.8150 tell me a sl to put also i have been watching u bro for some time ...do this fav...and pls keep on updating on this trade if the trend goes upside down ... i have entered a big lot size than i usually does ....thanks
Hope u got OUT of that, I Got OUT with A few
A good trader follows his rules, but great trader knows when to break them
  • #399,858
  • Sep 24, 2014 4:34am Sep 24, 2014 4:34am
Quoting Steve J
Wow! the Scottish Referendum has certainly had an effect on Cable. I cannot see it reaching 1.65*** until next week. It is struggling to recover from the battering it took from the prospect of Scotland's secession. Reinvestment in Pound Sterling has not been as swift as I thought it would be and now we have a situation where GBP is struggling to get back up the hill and reach more familiar territory. We are seeing ranging within a thousand pips but on aggregate Cable is appreciating.
or 6570 this week
Come with me if you want to live....
  • #399,859
  • Sep 24, 2014 4:41am Sep 24, 2014 4:41am
Quoting HDA
{quote} @The King of Comedy: If the blow by blow trading that I just explained between the GBP/CAD and USD/CAD and how I got the figures and targets didn't work out, you would hear how I blew up newbee traders accounts and all the subcribers I am scamming them out of their funds and I am a fraud and con man etc etc It worked out today and no one is saying, fraud, scammer, newbee accounts blown up and subcribers are sucked in to rob them etc. I AM PUBLICLY ASKING EVERYONE THAT HAS SUBSCRIBED TO ME TO UNSUBSCRIBE AND REMOVE ME FROM RED FLAG STATUS....
Your subscribers have gone up to 316 now HDA looks like you haven't robbed anyone LOL
  • #399,860
  • Sep 24, 2014 4:45am Sep 24, 2014 4:45am
Firstly I would like to say hello to everyone, I am a complete newbie so I do apologise if my questions in the future will seem pretty stupid.

Anyway the pound is currently sitting between 1.640-1.641, When it reaches the upper end of that bracket I am thinking for selling as over the past 3 days the pound hasnt gotten much higher than that and ends up falling at some point. What are your thought guys?

Also I have not been using any technical analysis as im not really sure where to start I have just been trying to look around the news, one thing i have found is that today at 12 there will be a US MBA Mortgage applications announce, so provided that goes up the pound should fall in regards to the dollar?
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