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Cable Update (GBPUSD)

  • #403,621
  • Oct 21, 2014 11:02am Oct 21, 2014 11:02am
Quoting navk
{quote} quick 10 ++
GCAD Will go DOWN all the way to make a double bottom on DAILY( 2-3 Weeks)
A good trader follows his rules, but great trader knows when to break them
  • #403,622
  • Oct 21, 2014 11:05am Oct 21, 2014 11:05am
Quoting ill_be_back
{quote} Rite now I am SHORT GJ from 172.445 We have AUD News tonite which will be RED, More DOWN for AU
why are you so sure it will be red...
many analysts suggest buying AUD..enough is enough
always draw trendlines
  • #403,623
  • Oct 21, 2014 11:12am Oct 21, 2014 11:12am
Quoting tk5
{quote} why are you so sure it will be red... many analysts suggest buying AUD..enough is enough

AU I am sure will make a New HIGH before the News, Then BIG DOWN

enough is never enough for the BIG BOYS, They always want more
A good trader follows his rules, but great trader knows when to break them
  • #403,624
  • Oct 21, 2014 11:18am Oct 21, 2014 11:18am
if AUD makes up to 0.8855 today I am more than fine.
always draw trendlines
  • #403,625
  • Oct 21, 2014 11:21am Oct 21, 2014 11:21am
Quoting tk5
if AUD makes up to 0.8855 today I am more than fine.
See this, All retail SL will be HIT tonite
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #403,626
  • Oct 21, 2014 11:22am Oct 21, 2014 11:22am
I have an impression that GBP strives to touch 1.62 before doing anything else...it's just dying to get there...resisting badly, and besides, tomorrow is rate date that will also boost it,
always draw trendlines
  • #403,627
  • Oct 21, 2014 11:31am Oct 21, 2014 11:31am
Quoting tk5
I have an impression that GBP strives to touch 1.62 before doing anything else...it's just dying to get there...resisting badly, and besides, tomorrow is rate date that will also boost it,
GU,GJ,GCAD, AU, All going DOWN
A good trader follows his rules, but great trader knows when to break them
  • #403,628
  • Oct 21, 2014 11:34am Oct 21, 2014 11:34am
Quoting ill_be_back
{quote} GCAD Will go DOWN all the way to make a double bottom on DAILY( 2-3 Weeks)
It has moved 180 pips today which is rather high. Normal ADR level is 140 pips.
Intraday only.
  • #403,629
  • Oct 21, 2014 11:34am Oct 21, 2014 11:34am
Quoting ill_be_back
{quote} GU,GJ,GCAD, AU, All going DOWN
down is very relative notion...depends how down.
GBP/JPY for instance has crossed 200 ema on H1 and it means alot to a pair...i doubt it will go much down,resisting at 171.900. I think it will reach at least 175.300.
always draw trendlines
  • #403,630
  • Oct 21, 2014 11:55am Oct 21, 2014 11:55am
Quoting tk5
{quote} down is very relative notion...depends how down. GBP/JPY for instance has crossed 200 ema on H1 and it means alot to a pair...i doubt it will go much down,resisting at 171.900. I think it will reach at least 175.300.
I am SHORT GJ My 1st TP 171.200
A good trader follows his rules, but great trader knows when to break them
  • #403,631
  • Oct 21, 2014 2:05pm Oct 21, 2014 2:05pm
Quoting PoundTrader
{quote}COKE {image}
Get off the caffeine man, it ain't good for you
Come with me if you want to live....
  • #403,632
  • Oct 21, 2014 2:38pm Oct 21, 2014 2:38pm
Quoting ill_be_back
{quote} I am SHORT GJ My 1st TP 171.200
Did Ken not tell you that trading without SL is bad? I have an order at 172.42, but was not filled yet... maybe I will join later anyway. Stops over 172.65 I think is reasonable.
Fix up, trade sharp ...
  • #403,633
  • Oct 21, 2014 2:52pm Oct 21, 2014 2:52pm
targetting 1.6230 from these levels
  • #403,634
  • Oct 21, 2014 2:57pm Oct 21, 2014 2:57pm
Quoting Hickson
{quote} Did Ken not tell you that trading without SL is bad? I have an order at 172.42, but was not filled yet... maybe I will join later anyway. Stops over 172.65 I think is reasonable.
Just finished with my GU Chart, NOW I am seeing this Going DOWN all the Way to possibly Fxtyrants 1.5820
This is his POST

Quoting fxtyrant
{quote} This was me 1+ week ago already booking half my profit from shorting 1.6250 closing half position at 1.6088, moved SL to BE +10 and aimed at 1.5820 Looking at the damn chart now... we're just 60 pips away from my 1.5820 target... only for me to wonder if 1.5820 is where teh ABCD will complete or will it be lower.... next level for the ABCD wave to complete if 1.5820 doesnt hold is all the way down at 1.54... now that is some funny shit. {image}
A good trader follows his rules, but great trader knows when to break them
  • #403,635
  • Oct 21, 2014 3:06pm Oct 21, 2014 3:06pm
Quoting ill_be_back
{quote} Just finished with my GU Chart, NOW I am seeing this Going DOWN {quote}
1.6185 is make or break ... but I'm not trading it as I'm on HOLS ... LOL ... that BROKER B. or E. or was it E.+3 ... has got bad influence around here ...I mean on VACATIONS ... LOL
See ya laterz. Be safe.
Hear the music before the song is over ...
  • #403,636
  • Oct 21, 2014 3:09pm Oct 21, 2014 3:09pm
Quoting ill_be_back
{quote} Just finished with my GU Chart, NOW I am seeing this Going DOWN all the Way to possibly Fxtyrants 1.5820 This is his POST {quote}
I think you are right, I have 1.5822. The only question remains: HOW FAR will the market makers push this up before final DOWN?!
Fix up, trade sharp ...
  • #403,637
  • Oct 21, 2014 3:13pm Oct 21, 2014 3:13pm
Quoting Hickson
{quote} I think you are right, I have 1.5822. The only question remains: HOW FAR will the market makers push this up before final DOWN?!
Going To wait for this
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #403,638
  • Oct 21, 2014 3:24pm Oct 21, 2014 3:24pm
Quoting RAW-Trader
gbpusd next stop should be around 1.5825
this is what i quoted last week but it hit stop loss and now i am aiming for 1.6230 first. stop loss 1.6094
  • #403,639
  • Oct 21, 2014 3:29pm Oct 21, 2014 3:29pm
Quoting ill_be_back
{quote} Going To wait for this {image}
I will only enter AFTER the news I think. Maybe some pips less, but safter because of greedy MARKET MAKERS!
Fix up, trade sharp ...
  • #403,640
  • Oct 21, 2014 3:39pm Oct 21, 2014 3:39pm
Quoting Hickson
{quote} I will only enter AFTER the news I think. Maybe some pips less, but safter because of greedy MARKET MAKERS!
Already have SHORT position in GU, GJ
Had a Short on GCAD closed & waiting for the retrace, Came DOWN 60+ after I closed No retrace
A good trader follows his rules, but great trader knows when to break them
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