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Cable Update (GBPUSD)

  • #412,181
  • Mar 24, 2015 4:37am Mar 24, 2015 4:37am
Quoting elbert3
{quote} took it to the last support
locked on pp at 4932
  • #412,182
  • Mar 24, 2015 4:37am Mar 24, 2015 4:37am
Bad data and don't fall...
  • #412,183
  • Mar 24, 2015 4:39am Mar 24, 2015 4:39am
Quoting _BBKing_
what do you mean guys? that if price goes up before a news means it will go down after the event and vice versa? just to understand

will show you the macro data, I wrote they will be worse and they are

as pushing up gbp to fix 18 london time later the rate goes up on US session or after pushing to fix on candle M5
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  • #412,184
  • Mar 24, 2015 4:39am Mar 24, 2015 4:39am
Quoting Ck87
{quote} You Long?
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i was from yesterday took the money off and short this doji to the last support and tp and long a few pips from the number sorry wrong chart
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just been taken out now , see if support holds ,
  • #412,185
  • Mar 24, 2015 4:43am Mar 24, 2015 4:43am
Quoting elbert3
{quote} {image} i was from yesterday took the money off and short this doji to the last support and tp and long a few pips from the number
I am basically looking at the same downside area, thanks,wish you well.
  • #412,186
  • Mar 24, 2015 4:46am Mar 24, 2015 4:46am
Having seen weaker Inflation number, coupled with inability in breaking 1.5030 mark, the GBPUSD is likely re-testing 1.4900 mark and 1.4700 soon.
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  • #412,187
  • Mar 24, 2015 4:47am Mar 24, 2015 4:47am
Quoting Ck87
{quote} I am basically looking at the same downside area, thanks,wish you well.
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see support was good there ??
  • #412,188
  • Mar 24, 2015 4:49am Mar 24, 2015 4:49am
Going good, 1.4750 might be seen today with good US CPI. Moved SL to 1.4949. Tomorrow I expect tp to be taken at 1.46. UK numbers suggest that they are in the deflation game now as EZ. BoE does not expect deflation to be turned about before the end of the year according to their latest reports. EG needs to be kept at higher levels (0.75-0.80) in order not to see more UK economy bleeding.
  • #412,189
  • Mar 24, 2015 4:49am Mar 24, 2015 4:49am
Quoting elbert3
{quote} {image} see support was good there ??
First target around 1.4850 but I actually think GU will head to 1.47 and even make new lows... it is very bearish currently , probably the most bearish of all XXX USD... Landed right on 1.4894 which is first support level, maybe bounce around now till falling off that level.. momentum seems to be picking up
  • #412,190
  • Mar 24, 2015 4:52am Mar 24, 2015 4:52am
Quoting Ck87
{quote} First target around 1.4850 but I actually think GU will head to 1.47 and even make new lows... it is very bearish currently , probably the most bearish of all XXX USD
just chanced a long 20 ema on the 4 hour 4896 emas are long for me there at this time but that news could f,,k it
  • #412,191
  • Mar 24, 2015 4:55am Mar 24, 2015 4:55am
reloading a small long
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  • #412,192
  • Mar 24, 2015 4:57am Mar 24, 2015 4:57am
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pp on the breakout line,, big boys might be using that news to get a good price ,
  • #412,193
  • Mar 24, 2015 4:59am Mar 24, 2015 4:59am
Quoting elbert3
{quote} just chanced a long 20 ema on the 4 hour 4896 emas are long for me there at this time but that news could f,,k it
Attached Image (click to enlarge)
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20 ema holding
  • #412,194
  • Mar 24, 2015 5:00am Mar 24, 2015 5:00am
50 pip rally on nothing... This is very bearish move here and i would sell it if i wasn't already short and loaded up with other plays..
  • #412,195
  • Mar 24, 2015 5:02am Mar 24, 2015 5:02am
Quoting Ck87
50 pip rally on nothing...

This is market.Don't wait sensible move.
  • #412,196
  • Mar 24, 2015 5:03am Mar 24, 2015 5:03am
Quoting Ck87
50 pip rally on nothing... This is very bearish move here and i would sell it if i wasn't already short and loaded up with other plays..
not complaining there ,, i thought thats a good entry,, looking for 4925 to bounce and if it does it will see 5000
  • #412,197
  • Mar 24, 2015 5:05am Mar 24, 2015 5:05am
so, waiting for us: Longer consolidation, ?
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  • #412,198
  • Mar 24, 2015 5:10am Mar 24, 2015 5:10am
February oil prices went up a spell higher. I expect US CPI to be a bit better this time. Moving SL back to original position 1.5010, though not really necessary, it will come down swiftly. U/Chf is about 100 pips from it's retracement target. As soon as it is done and starts moving up again then GU will break 1.46 for good.
  • #412,199
  • Mar 24, 2015 5:59am Mar 24, 2015 5:59am
GBP NZD approaching lower trendline in weekly

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bounce or break?

hm... let's see... what's in store for this + next 2 weeks!
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  • #412,200
  • Mar 24, 2015 6:51am Mar 24, 2015 6:51am
jeez again 4894.
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