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Cable Update (GBPUSD)

  • #405,121
  • Nov 13, 2014 10:38am Nov 13, 2014 10:38am
Good first day ( only NY session ) after 3 weeks.
Intraday only.
  • #405,122
  • Nov 13, 2014 11:26am Nov 13, 2014 11:26am
Quoting Dr.Zain
{quote} GB in very much bearish mood and might go south toward 1.52 with in weeks see the weekly, the speak of Clown BOE's head yesterday
the only comment I totally agree with. It looks like an Ipad will cost lots of £ this Christmas... which is perfectly fine for Carney
  • #405,123
  • Nov 13, 2014 11:33am Nov 13, 2014 11:33am
keep holding short
  • #405,124
  • Nov 13, 2014 12:27pm Nov 13, 2014 12:27pm
Quoting andoseg2
Looking for short : {image}

Covered. Trailling stop from now

Attached Image (click to enlarge)
Click to Enlarge Name: g.png Size: 49 KB
Money moves the market, not an indicator.
  • #405,125
  • Nov 13, 2014 1:28pm Nov 13, 2014 1:28pm
At the end i close my short at 1.5712 ..
and waiting for today's news from USD to start an act..
I'm learning to minimize the risk than aiming huge profit from now..
Even if it looks like the bearish trend will keep going, but possibility for consolidation is going bigger for now, especially if more red news from USD appears..
GTS V8 Return This Month: 2.6%
  • #405,126
  • Nov 13, 2014 2:53pm Nov 13, 2014 2:53pm
Gidday GBP

We bounce would be nice

In short been taking profit,1.567 TP:nerd:

got a pending short in above 1.58
  • #405,127
  • Nov 13, 2014 5:13pm Nov 13, 2014 5:13pm
Quoting DailyChart
keep holding short
What is your target?
  • #405,128
  • Nov 13, 2014 6:06pm Nov 13, 2014 6:06pm
Quoting ill_be_back
{quote} Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target
More downside can be expected today considering GU weakness.
Intraday only.
  • #405,129
  • Nov 13, 2014 6:47pm Nov 13, 2014 6:47pm
Quoting navk
{quote} More downside can be expected today considering GU weakness.
Yes, I am waiting for this to touch 1.80597 to close my LONG & go SHORT( will close end of this Hr if it does not Touch)
A good trader follows his rules, but great trader knows when to break them
  • #405,130
  • Nov 13, 2014 6:59pm Nov 13, 2014 6:59pm
and 1.5700 is now cracked open whole UJ broke above 116.00
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #405,131
  • Edited 10:06pm Nov 13, 2014 7:22pm | Edited 10:06pm
Quoting ill_be_back
{quote} Good yes Now GA LONG 1.79847 SL 1,79775 with a Huge Target
OUT at 1.80369 only +52
A good trader follows his rules, but great trader knows when to break them
  • #405,132
  • Nov 13, 2014 8:29pm Nov 13, 2014 8:29pm
Quoting fxtyrant
{quote} Tell me. before the move up... what were teh retail positions on GBPUSD im pretty darn sure its heavily bears now tell me what would happen to these retail bears when the big boys washed them out? Retail bears are often over leveraged so they were most likely dead by now or reversed which is what the big boys wanted retail traders going against a trend or simply dead... only a select few can read into that sort of movement. Ans: the retail bears would get stopped out and reverse to become a GBPUSD bull!!!! but the dumb fucks would all be...
This was me a few weeks back when USD was posting what people thought were bad numbers from the US.... pushing GBPUSD to a small pull back...
a lot of bulls came in excited saying we see the bottom and its going to bounce back up to 1.63 and all that stuff....

Big Boys were literally washing out stops, Clearing out the Late shorters at the bottom (1.5850) at the time who had their SL around 1.59 once they cleared them, the big boys allowed the GBPUSD to continue with its trend... meaning down....
otherwise why on earth are we creating lower lows after lower low.... previous lower low was around 1.5850, rebounded back to 1.61 but the downtrend was still intact around 1.61, should've loaded short there and let the trend continue to create lower lows.... now aiming for 1.5600 and below... come on guys..... you guys should have figured out what a Stop run is by now.... especially you Navin... you are in the group chat in facebook and paul has continuously explained what a stop run is....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #405,133
  • Nov 13, 2014 9:32pm Nov 13, 2014 9:32pm
awwwww i didnt expect such big move down, i stop my short at 1.572

can someone enlighten me with a chart, on the retrace? any possible retrace on the coming levels? and to where it could retrace up to? hehe...

  • #405,134
  • Nov 13, 2014 9:41pm Nov 13, 2014 9:41pm
Quoting wendyqq
awwwww i didnt expect such big move down, i stop my short at 1.572 can someone enlighten me with a chart, on the retrace? any possible retrace on the coming levels? and to where it could retrace up to? hehe...
I expect bounce from this level, but most probably it will be broken IMO
Attached Image (click to enlarge)
Click to Enlarge Name: BOUNCE LEVEL.jpg Size: 187 KB
Money never sleeps I can hear the dollar calling me
  • #405,135
  • Nov 13, 2014 9:48pm Nov 13, 2014 9:48pm
Quoting shivam332
{quote} I expect bounce from this level, but most probably it will be broken IMO {image}

second option sounds correct...no sign whatsoever of any correction
  • #405,136
  • Nov 13, 2014 9:50pm Nov 13, 2014 9:50pm
Quoting Greener
{quote} second option sounds correct...no sign whatsoever of any correction
Money never sleeps I can hear the dollar calling me
  • #405,137
  • Nov 13, 2014 9:57pm Nov 13, 2014 9:57pm
Quoting Greener
{quote} second option sounds correct...no sign whatsoever of any correction
lol seems stilll long way of down move
  • #405,138
  • Nov 13, 2014 10:05pm Nov 13, 2014 10:05pm
Quoting wendyqq
{quote} lol seems stilll long way of down move
70 pips down is nothing compared to what my target is.... if we close the mont below 1.57, confident to say we will visit 1.5350
fundamental wise things in UK are looking bad compared to US
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #405,139
  • Nov 13, 2014 10:13pm Nov 13, 2014 10:13pm
Looking at my charts it seems like its going up. All of my three charts , harmonic pattern, daily ending diagnol & GBP index it seems we are going up
In Love with Genesis
  • #405,140
  • Nov 13, 2014 10:17pm Nov 13, 2014 10:17pm
Quoting SohaibKhan
Looking at my charts it seems like its going up. All of my three charts , harmonic pattern, daily ending diagnol & GBP index it seems we are going up
i've been short GBPUSD since 1.61, even if you go long now, the bulls will only be catching back up my profits.... sooo good luck. what time frame are you looking at??
im looking at the Weekly + Monthly and these thing are pointing to more misery in GBPUSD downwards.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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