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Cable Update (GBPUSD)

  • #409,301
  • Feb 19, 2015 2:09am Feb 19, 2015 2:09am
Quoting elbert3
{image} morning slight hangover lets see if,, small scalp to start the day ,
Here you go might come in handy .. raybans always work for me ..
  • #409,302
  • Feb 19, 2015 2:10am Feb 19, 2015 2:10am
Quoting giveachance
we are testing 1.5439 quite frequently. if that goes I have straight 1.5400
GC nice to see you lets see here london time now
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  • #409,303
  • Feb 19, 2015 2:13am Feb 19, 2015 2:13am
1.5440 is magnet... not letting it swim much away from that.
  • #409,304
  • Feb 19, 2015 2:21am Feb 19, 2015 2:21am
Quoting Noob Trader
1.5440 is magnet... not letting it swim much away from that.
there is nothing magnetic. it it absorbing orders before next leg down. My target is still 1.52 and below
  • #409,305
  • Feb 19, 2015 2:40am Feb 19, 2015 2:40am
Quoting giveachance
{quote} there is nothing magnetic. it it absorbing orders before next leg down. My target is still 1.52 and below
no its fueling up i think,,
  • #409,306
  • Feb 19, 2015 2:45am Feb 19, 2015 2:45am
Quoting elbert3
{quote} no its fueling up i think,,
still holding that final buy .. from yesterday
  • #409,307
  • Feb 19, 2015 2:51am Feb 19, 2015 2:51am
I'm seeing 1.5600 by end of day, although I wouldn't be too surprised to see it take a breather today either. Big move up today is much more likely than any move down, imo.
  • #409,308
  • Feb 19, 2015 2:51am Feb 19, 2015 2:51am
Quoting giveachance
{quote} there is nothing magnetic. it it absorbing orders before next leg down. My target is still 1.52 and below
do you think it could go to 148?
  • #409,309
  • Feb 19, 2015 2:52am Feb 19, 2015 2:52am
Quoting Zappa
I'm seeing 1.5600 by end of day, although I wouldn't be too surprised to see it take a breather today either. Big move up today is much more likely than any move down, imo.
lol do you have any hard feelings abt this pair
  • #409,310
  • Feb 19, 2015 2:53am Feb 19, 2015 2:53am
Quoting danndc
{quote} do you think it could go to 148?
1.48 is also posible. but right now 1.52
  • #409,311
  • Feb 19, 2015 2:55am Feb 19, 2015 2:55am
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couple of ways to see it , we know not it went bullish ,,for now,,?? 4150 you can see the cross over and price did not go down after that, now we have 10 50 ema cross over so that is now support i would say,
  • #409,312
  • Feb 19, 2015 2:56am Feb 19, 2015 2:56am
Quoting danndc
{quote} do you think it could go to 148?
well it did not break 154 300 yet
  • #409,313
  • Feb 19, 2015 2:58am Feb 19, 2015 2:58am
Quoting elbert3
{image} couple of ways to see it , we know not it went bullish ,,for now,,?? 4150 you can see the cross over and price did not go down after that, now we have 10 50 ema cross over so that is now support i would say,
But is it right to say that Moving averages can cross and then un cross themselves.. ? dont use em
  • #409,314
  • Feb 19, 2015 3:09am Feb 19, 2015 3:09am
Quoting giveachance
{quote} lol do you have any hard feelings abt this pair
Look on weekly chart. We broke the range, only to swiftly pull back to just above the prior low. It made a thorough test of that area and has made strong, impulsive moves since. There will be hiccups along the way, but this move is just getting started. We are at the beginning of a move to 1.8500 this year, I believe!
  • #409,315
  • Feb 19, 2015 3:16am Feb 19, 2015 3:16am
Quoting Zappa
{quote} Look on weekly chart. We broke the range, only to swiftly pull back to just above the prior low. It made a thorough test of that area and has made strong, impulsive moves since. There will be hiccups along the way, but this move is just getting started. We are at the beginning of a move to 1.8500 this year, I believe!
Hey Frank nice one .. the impulsive moves seem to be the key ..

My Daily is showing an new uptrend now - since the beginning of july last year was the start of a down trend..
  • #409,316
  • Feb 19, 2015 3:23am Feb 19, 2015 3:23am
Quoting Spudforex
{quote} Hey Frank nice one .. the impulsive moves seem to be the key .. My Daily is showing an new uptrend now - since the beginning of july last year was the start of a down trend..
One thing I've had to learn the hard way (many times, unfortunately) is that you don't want to trade against impulsive moves like we've been seeing. A lot of money is to be made this year by riding the bull.
  • #409,317
  • Feb 19, 2015 3:26am Feb 19, 2015 3:26am
some refreshing research
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It takes a lot for me to IGNORE you, but you can try.
  • #409,318
  • Feb 19, 2015 3:31am Feb 19, 2015 3:31am
Quoting Zappa
{quote} One thing I've had to learn the hard way (many times, unfortunately) is that you don't want to trade against impulsive moves like we've been seeing. A lot of money is to be made this year by riding the bull.
Likewise sentiment ..
Last years high was 171 plus change around July it started to descend so there's some buy back incentive there for sure ..
Lets see how today plays ..
  • #409,319
  • Feb 19, 2015 3:52am Feb 19, 2015 3:52am
Quoting Zappa
{quote} One thing I've had to learn the hard way (many times, unfortunately) is that you don't want to trade against impulsive moves like we've been seeing. A lot of money is to be made this year by riding the bull.
1.82 i posted late on and the other week,, would be good ,,regards
  • #409,320
  • Feb 19, 2015 4:06am Feb 19, 2015 4:06am
1.82 with Euro at how much? 1.4? Highly unlikely. It will struggle to go over 1.2 this year and last time E/G was 0.65 was in 2005/2006 when EU area was at its peak. GB has not strengthened that much since then either compared to EZ area.
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