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Cable Update (GBPUSD)

  • #409,581
  • Feb 20, 2015 6:30am Feb 20, 2015 6:30am
Quoting elbert3
back to 5400 5429 5460 what you think
absolutely
Come with me if you want to live....
  • #409,582
  • Feb 20, 2015 6:34am Feb 20, 2015 6:34am
Quoting Ill-b-back
{quote} absolutely
are you real ..lol regards
  • #409,583
  • Feb 20, 2015 6:40am Feb 20, 2015 6:40am
Quoting Idkurv
Possible double bottom at 15m and 30m. resistance at 1.53750. will see..
Reload Long at 1.53826, not ideal entry (Late). Tp 1.541.
will see.
  • #409,584
  • Feb 20, 2015 6:44am Feb 20, 2015 6:44am
Quoting Hickson
{quote} Already long, but not convinced so far. Edit: Gaining no momentum + I have to leave here. Banking + 10 at least. Laters. {image}
mmmm
  • #409,585
  • Feb 20, 2015 6:46am Feb 20, 2015 6:46am
Quoting Bones
Hi Billy don't think your see higher numbers ,419 is daily open , {quote} {image} {image}
yes the weekly is a worry but as posted range is possible ,,cad news up soon ?then usa ,,regards
  • #409,586
  • Feb 20, 2015 6:52am Feb 20, 2015 6:52am
300 or return to 400 first
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 43 KB
  • #409,587
  • Feb 20, 2015 6:54am Feb 20, 2015 6:54am
Quoting Zappa
{quote} It is really hard to predict where, exactly, a market will turn. That's why we must be aware of all possible scenarios and prepare for them. And really, the toughest skill to acquire is to be able to spot strong buyers and sellers. It is the most important, because when you see it, then you know your at a turning point. Just like today. I expected a big move up today, but when I saw strong buys get eaten up immediately with strong sells (first clue was actually the way it dropped after the spike into the high at 1.5480) I knew there was...
Yeh nice one Frank - great logical relative words there ..
  • #409,588
  • Feb 20, 2015 7:01am Feb 20, 2015 7:01am
Quoting Spudforex
{quote} Yeh nice one Frank - great logical relative words there ..
5376 looked like buys there so lets see
  • #409,589
  • Feb 20, 2015 7:28am Feb 20, 2015 7:28am
ok, do it

https://charts.mql5.com/7/66/gbpusd-...-limited-2.png
  • #409,590
  • Feb 20, 2015 7:28am Feb 20, 2015 7:28am
Quoting Idkurv
{quote} Reload Long at 1.53826, not ideal entry (Late). Tp 1.541. will see.
Really bad entry, should not have done it anymore
  • #409,591
  • Feb 20, 2015 7:33am Feb 20, 2015 7:33am
Quoting Idkurv
{quote} Really bad entry, should not have done it anymore
mmm might be worth a try
  • #409,592
  • Feb 20, 2015 7:42am Feb 20, 2015 7:42am
It begins RT @insidegame: Goldman Sachs says US storms could cut 0.5 pt from Q1 GDP.
  • #409,593
  • Feb 20, 2015 7:44am Feb 20, 2015 7:44am
Quoting Markj
{quote} Good luck with your trades Zappa.
Thank you! Same to you.
Quoting Spudforex
{quote} Yeh nice one Frank - great logical relative words there ..
And thank you, Spud! I'm glad you appreciate them!

Quoting elbert3
{quote} 5376 looked like buys there so lets see
Hi elbert, I'm seeing some accumulation, but not strong buys. Bears still in control, I think.
  • #409,594
  • Feb 20, 2015 7:49am Feb 20, 2015 7:49am
Quoting Zappa
{quote} Thank you! Same to you. {quote} And thank you, Spud! I'm glad you appreciate them! {quote} Hi elbert, I'm seeing some accumulation, but not strong buys. Bears still in control, I think.
i have a plan,, waiting ..lol post it later
  • #409,595
  • Feb 20, 2015 7:53am Feb 20, 2015 7:53am
Quoting elbert3
{quote} mmm might be worth a try
Yes , cheers
With more patience should have been able to long at 1.536sh instead of 1.538sh..
Patience is a virtue!
  • #409,596
  • Edited 8:09am Feb 20, 2015 7:56am | Edited 8:09am
Excuse me for what I see - gap filled, ending diagonal completed and GU breaking down through bottom channel line.
The initial target is bottom of the ending diagonal.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1 20Feb15.png Size: 49 KB


http://www.forexfactory.com/showthre...78#post8069478
Elliott Wave for optimum entry, exit and risk management of trades
  • #409,597
  • Feb 20, 2015 8:07am Feb 20, 2015 8:07am
I am back ... almost got killed by a car today, but unfortunately for the haters ... I'm back

And also looks like GBP/USD has found some support for now ... still not sure if I go long again, want to see how this 70ish reacts first.
Fix up, trade sharp ...
  • #409,598
  • Feb 20, 2015 8:22am Feb 20, 2015 8:22am
Quoting skyhok
Excuse me for what I see - gap filled, ending diagonal completed and GU breaking down through bottom channel line. The initial target is bottom of the ending diagonal. {image} http://www.forexfactory.com/showthre...78#post8069478

what is your final target? do you think that 1.52 could make this pair jump to make a higher high?
  • #409,599
  • Feb 20, 2015 8:26am Feb 20, 2015 8:26am
it is not going down. 55 is the possible scenario rather than 53.
  • #409,600
  • Feb 20, 2015 8:27am Feb 20, 2015 8:27am
Im bearish on GU , the BoE meeting was after the Inflation report , next meeting will be Dowish !
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