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Cable Update (GBPUSD)

  • #411,101
  • Mar 9, 2015 6:46am Mar 9, 2015 6:46am
Quoting navk
{quote} I did not deny what you said. I already said that it would target 1.4970/80 if it breaks 1.5030. But let it break first. If it fails to break 1.5030, then 1.5100 min.
Intraday only.
  • #411,102
  • Mar 9, 2015 7:10am Mar 9, 2015 7:10am
Yes, im trying have patience. But first orders are the most important for get confidence. @elbert, not first real account. I understand that feeling

PS: @lavanda, I'm waiting for 51500 buy I'm not sure if price want go there...
Try don't lose pants never...
  • #411,103
  • Mar 9, 2015 7:23am Mar 9, 2015 7:23am
Quoting Lavanda
{quote} Do not get anxious. Repeat yourself always when this happens... The Market is Eternal, as so many times as you need to keep calm. This is a pullback or taking profits. IMO. Look the resistance on Friday to start think about shorts.

Allready short! Tp around 10498
  • #411,104
  • Mar 9, 2015 7:36am Mar 9, 2015 7:36am
We got a few buyers down here, but I don't see anything heavy. I think we'll see further losses very soon. This move up from Sunday open looks weak.

If 1.5000 breaks, I'll most likely double my position and put a stop at 1.5120 provided it is still the high.
  • #411,105
  • Mar 9, 2015 7:57am Mar 9, 2015 7:57am
Quoting sakisf
{quote} On the 4hr I can see it will challenge the 200 sma (1) again. If it succeeds, then there is the 55DMA (55 daily sma) (2) and 200 ema of 4hr (3) to range between (1) & (3). On the daily it has broken the 34 ema ribbon down as of Wednesday. Will wait a re-check of it from down (1.5280 lower -1.5330 middle) and if it continues the trend then first (x) target and then if support taken the 2nd (x). Above (-) the short is over for me and it can go to 1.58 or where the year started. At any of these points I am going down to 1h / 5m to pick...
Eagle eyes
  • #411,106
  • Mar 9, 2015 8:15am Mar 9, 2015 8:15am
Quoting LouiseZA
{quote} Allready short! Tp around 10498
Be careful. The driver today can be Greece vote. GU may want 51.70-80 or more
  • #411,107
  • Mar 9, 2015 8:26am Mar 9, 2015 8:26am
5666 looks good on good news short term lets see if it breaks out higher
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  • #411,108
  • Mar 9, 2015 8:44am Mar 9, 2015 8:44am
profit off 5115 looks a bit jittery , jump in as and when either way,,
  • #411,109
  • Mar 9, 2015 8:51am Mar 9, 2015 8:51am
Does look jittery. If it beaks 1.1250 will close my short.
  • #411,110
  • Mar 9, 2015 8:51am Mar 9, 2015 8:51am
4HR Sell around 1.52
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  • #411,111
  • Mar 9, 2015 9:19am Mar 9, 2015 9:19am
Quoting LouiseZA
Does look jittery. If it beaks 1.1250 will close my short.
also had a jittery finger, and close the short by accident. Will wait for a better entry. 1.52...?
  • #411,112
  • Mar 9, 2015 9:34am Mar 9, 2015 9:34am
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  • #411,113
  • Mar 9, 2015 11:04am Mar 9, 2015 11:04am
Quoting elbert3
{image}
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touch and see bounce ???? load over 5115 if it gets there target any 15 pips or more , then see . fail tl then 5030 again
  • #411,114
  • Mar 9, 2015 11:11am Mar 9, 2015 11:11am
exact target was 150 but that yellow line is strong day trend line so currency is trying to down to 5000, this is difficult area to take decision
Attached Image (click to enlarge)
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  • #411,115
  • Mar 9, 2015 11:34am Mar 9, 2015 11:34am
Quoting GrowthHack
exact target was 150 but that yellow line is strong day trend line so currency is trying to down to 5000, this is difficult area to take decision {image}
hope that it gives up and off to 5250
  • #411,116
  • Mar 9, 2015 12:16pm Mar 9, 2015 12:16pm
Now market is drawing a pyramid, Aliens know about it

https://charts.mql5.com/7/214/gbpusd...ts-limited.png
  • #411,117
  • Mar 9, 2015 12:18pm Mar 9, 2015 12:18pm
Attached Image (click to enlarge)
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  • #411,118
  • Mar 9, 2015 12:38pm Mar 9, 2015 12:38pm
Quoting elbert3
{quote} hope that it gives up and off to 5250
Look at that red area there is some candle sticks focusing on 150 first then 200 to 250 yes , i think 5000 if it is not reach at 250

https://charts.mql5.com/7/214/gbpusd...-limited-2.png
  • #411,119
  • Mar 9, 2015 12:39pm Mar 9, 2015 12:39pm
id be very careful selling into that open ,monthly is very unlikely to fail just like that ,if it did you'd be looking couple major levels down ,
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  • #411,120
  • Mar 9, 2015 12:50pm Mar 9, 2015 12:50pm
the monthly is up against the year open and that dec doji is actually a lot more trouble than it looks ,
Attached Image (click to enlarge)
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