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Cable Update (GBPUSD)

  • #403,761
  • Oct 22, 2014 3:40pm Oct 22, 2014 3:40pm
Quoting ssaqeel
its good u caught some on it. i know all these pairs ga,gn,gj are very volatile and if you put ur stop loss too close than brokers are smart enough to get them. i am waiting for the cpi from New zealand in another 60 mins ,that will move gn again . For now NU is looking for a good down move and gn for a up one. {quote}
what are your levels on GN and NU??... and you are right those markets are crazy volatile but with the case of stop loss you need to have deep pockets... sad us lil players can't rock shoulders with you big boys...
  • #403,762
  • Oct 22, 2014 3:46pm Oct 22, 2014 3:46pm
pose what i see on my daily chart for NU the major resistance at 0.803x ,so far its not broken and if you see yesterdays daily and todays PA it looks like its for a big down move and the major support for this pair is 0.770x . if NU starts the down move then GN will move opposite and the move is usually double -triple of the NU move


Quoting poseikwame
{quote} what are your levels on GN and NU??... and you are right those markets are crazy volatile but with the case of stop loss you need to have deep pockets... sad us lil players can't rock shoulders with you big boys...
  • #403,763
  • Oct 22, 2014 3:50pm Oct 22, 2014 3:50pm
Quoting ssaqeel
pose what i see on my daily chart for NU the major resistance at 0.803x ,so far its not broken and if you see yesterdays daily and todays PA it looks like its for a big down move and the major support for this pair is 0.770x . if NU starts the down move then GN will move opposite and the move is usually double -triple of the NU move {quote}
hmm sounds interesting... hopefully the cpi will triger this down trend...
  • #403,764
  • Oct 22, 2014 4:42pm Oct 22, 2014 4:42pm
Quoting ssaqeel
pose what i see on my daily chart for NU the major resistance at 0.803x ,so far its not broken and if you see yesterdays daily and todays PA it looks like its for a big down move and the major support for this pair is 0.770x . if NU starts the down move then GN will move opposite and the move is usually double -triple of the NU move {quote}
expected 0.5% quarter and 1.2%annual... still stand by your worlds?
  • #403,765
  • Oct 22, 2014 4:49pm Oct 22, 2014 4:49pm
wow did u see that 100pip move on GN and only 30pip down move on NU

Quoting poseikwame
{quote} expected 0.5% quarter and 1.2%annual... still stand by your worlds?
  • #403,766
  • Oct 22, 2014 4:50pm Oct 22, 2014 4:50pm
Quoting ssaqeel
wow did u see that 100pip move on GN and only 30pip down move on NU {quote}
yhh and i missed it!! pissed and gutted!! further sell?? and opposite way GN??
  • #403,767
  • Oct 22, 2014 4:52pm Oct 22, 2014 4:52pm
even i missed it, let the dust settle down then we can buy GN at lower price

Quoting poseikwame
{quote} yhh and i missed it!! pissed and gutted!! further sell?? and opposite way GN??
  • #403,768
  • Oct 22, 2014 4:54pm Oct 22, 2014 4:54pm
Quoting ssaqeel
even i missed it, let the dust settle down then we can buy GN at lower price {quote}
talking lowest price... do you see an upward trend after?... people are still scalping
  • #403,769
  • Oct 22, 2014 5:00pm Oct 22, 2014 5:00pm
This is what i am seeing on GN on daily chart, AB=CD . current d leg in progress, but hurdles 2.042 / 2.0597 ( blue lines in chart are support/resistance lines


Quoting poseikwame
{quote} talking lowest price... do you see an upward trend after?... people are still scalping
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  • #403,770
  • Oct 22, 2014 5:05pm Oct 22, 2014 5:05pm
Quoting ssaqeel
This is what i am seeing on GN on daily chart, AB=CD . current d leg in progress, but hurdles 2.042 / 2.0597 ( blue lines in chart are support/resistance lines {quote} {image}
hmm it's starting to go back now... what is a good entry level to start buying to catch on a few pips...
  • #403,771
  • Oct 22, 2014 5:09pm Oct 22, 2014 5:09pm
its a tough one to say exactly where but i moved my buy limit to 2.0280 for now,

Quoting poseikwame
{quote} hmm it's starting to go back now... what is a good entry level to start buying to catch on a few pips...
  • #403,772
  • Oct 22, 2014 5:11pm Oct 22, 2014 5:11pm
Quoting ssaqeel
its a tough one to say exactly where but i moved my buy limit to 2.0280 for now, {quote}
hmmmm for NU....
  • #403,773
  • Oct 22, 2014 6:58pm Oct 22, 2014 6:58pm
Quoting ssaqeel
Thanks pose, its been good so far , mr back i am seeing 171.67 as first target for GJ shorts, if that gets break than we might have a nice run towards 169. {quote}
A good trader follows his rules, but great trader knows when to break them
  • #403,774
  • Oct 22, 2014 11:58pm Oct 22, 2014 11:58pm
Quoting ssaqeel
its a tough one to say exactly where but i moved my buy limit to 2.0280 for now, {quote}
Just shorted this according to M15 chart.
Money never sleeps I can hear the dollar calling me
  • #403,775
  • Oct 23, 2014 2:05am Oct 23, 2014 2:05am
damn room got quite, that tell me there a lot of traders lost a lot of money in this room, where is everybody at calling for long or shorts
  • #403,776
  • Oct 23, 2014 2:07am Oct 23, 2014 2:07am
Quoting PoundTrader
damn room got quite, that tell me there a lot of traders lost a lot of money in this room, where is everybody at calling for long or shorts
no im not one of those who lost .... im still in trade with +127pip ...
hope fully will go more down ....
hw's goin ur trading ?
  • #403,777
  • Oct 23, 2014 2:13am Oct 23, 2014 2:13am
Quoting elbert3
{quote} Hi the blue is a target area in my opinion and this is only what it is,,my opinion, i am not suggesting this will happen today as you can see by my last post the tp is 5990 ish area and pp is on in case it goes up ,which i think it will and then go down again,,marked by x on the chart,, hope this is a bit clear in my thinking for you ,,regards E {image} sell on the bottom and looking to short again a bit higher
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Attached Image (click to enlarge)
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morning as said in post pp out at 6055 yesterday and re entered higher bang on the nose ,we have to watch the low in the blue box i would like to see it go through to the next area down watch the 5 min for any rejection ,
  • #403,778
  • Oct 23, 2014 2:17am Oct 23, 2014 2:17am
I sell G/U at 1.6031, my two TP is 1.5990 and 1.5960. What do you think about it?
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Keep Simple...!
  • #403,779
  • Oct 23, 2014 2:20am Oct 23, 2014 2:20am
Quoting kotlt
I sell G/U at 1.6031, my two TP is 1.5990 and 1.5960. What do you think about it? {image} {image}
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hi watching levels , we have a day fib 61% i have it at 5993 ???
  • #403,780
  • Oct 23, 2014 2:25am Oct 23, 2014 2:25am
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lets widen the chart , we can see down channel bad news then 61% fib on the weekly looks possible,but news day so dont take it as green to go,,
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