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Cable Update (GBPUSD)

  • #414,841
  • May 9, 2015 10:04am May 9, 2015 10:04am
Quoting GrowthHack
Whats next ? Election is over and GBP's official bank rate on Monday {image}
I hope down to 1.498 then up?
  • #414,842
  • May 10, 2015 2:09am May 10, 2015 2:09am
Quoting Dano12
1670957{image} {image}
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Morning possible look to the future let see how it opens , might down to 5420 ??
  • #414,843
  • May 10, 2015 12:32pm May 10, 2015 12:32pm
Quoting Mr. Scott
{quote} What I got, structure is good enough to make others valid. {image}
I think you are pushing it with that structure. On another note, not sure how its useful to you. If anything where you drew that structure, you could have recognized it as a head and shoulders pattern just after it starts going down and use that info to make some guaranteed pips. Never understood the fundementals between the "structures" as the information lags behind. Although I see that the symetric triangles are basically head and shoulders. But with triangles its really hard to see when will a triangle exactly be done, as where head and shoulders its cognitively easier to estimate where the other "Arm" will begin.
"
  • #414,844
  • May 10, 2015 6:12pm May 10, 2015 6:12pm
Going to sell... how about low at 300 and close at 330...
  • #414,845
  • Edited 11:50pm May 10, 2015 9:56pm | Edited 11:50pm
TODAY'S TRADES :

SHORT on GBP/USD at 1.54254 TP 1.54110

Result hit TP for 1,5% Profit
Maura Zaky Putri Fadhin
  • #414,846
  • May 10, 2015 10:54pm May 10, 2015 10:54pm
That`s my vision
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  • #414,847
  • May 11, 2015 12:01am May 11, 2015 12:01am
Quoting Forexville
{quote} I think you are pushing it with that structure. On another note, not sure how its useful to you. If anything where you drew that structure, you could have recognized it as a head and shoulders pattern just after it starts going down and use that info to make some guaranteed pips. Never understood the fundementals between the "structures" as the information lags behind. Although I see that the symetric triangles are basically head and shoulders. But with triangles its really hard to see when will a triangle exactly be done, as where head...
I have no idea what you are talking about, that was a to the pip buy setup. With an opportunity to retake based on retest. Structure refers to possible future levels of interest contingent upon future pa.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #414,848
  • May 11, 2015 12:53am May 11, 2015 12:53am
Quoting Sunnyland
That`s my vision {image}
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morning lol same fail then 1 hour cross could start shorts to the bottom tl,, just waiting now no trade as yet
  • #414,849
  • May 11, 2015 1:36am May 11, 2015 1:36am
This is my vision, the chart will move to right direction not left....
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  • #414,850
  • May 11, 2015 1:40am May 11, 2015 1:40am
Quoting Red Alert
This is my vision, the chart will move to right direction not left.... {image}
Thanks, I'll try to keep it in mind
  • #414,851
  • May 11, 2015 1:42am May 11, 2015 1:42am
Quoting alexpi
{quote} Thanks, I'll try to keep it in mind
You're welcome....
  • #414,852
  • May 11, 2015 1:51am May 11, 2015 1:51am
Quoting Tal1983
{quote} I hope down to 1.498 then up?
final decision will be confirm after Rate Statement and NY but market spikes before london is good to open trade
  • #414,853
  • May 11, 2015 2:08am May 11, 2015 2:08am
With the failure to break 1.5500, and a descending trend-line pulling back the GBPUSD gains, the pair is more likely to re-test 1.5360-55 support soon.
Attached Image (click to enlarge)
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  • #414,854
  • May 11, 2015 2:12am May 11, 2015 2:12am
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failed break out ?? buy over 5435 or try breakout to the bottom ,sl tight or we are goings into a squeeeeeze
  • #414,855
  • May 11, 2015 2:17am May 11, 2015 2:17am
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possible ???
  • #414,856
  • May 11, 2015 2:53am May 11, 2015 2:53am
1.5551 test break to initial signal for more up.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #414,857
  • May 11, 2015 2:58am May 11, 2015 2:58am
Quoting Red Alert
{quote} You're welcome....
So far you've been completely spot on, never happened on FF before!
  • #414,858
  • May 11, 2015 3:29am May 11, 2015 3:29am
now it depends from the dollar strenght; after elections pound stand steady on the double top formed in area 1.55;
if hold this level in the next few days could go down.....
for now flat
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  • #414,859
  • May 11, 2015 3:45am May 11, 2015 3:45am
Quoting Skobratt
now it depends from the dollar strenght; after elections pound stand steady on the double top formed in area 1.55; if hold this level in the next few days could go down..... for now flat {image}
today's BOE meeting should take it above 1.55, will look for bearish PA around that zone for a tripple top otherwise i'll still remain flat, however i am short biased on this pair medium term
  • #414,860
  • May 11, 2015 4:00am May 11, 2015 4:00am
Quoting alexpi
{quote} So far you've been completely spot on, never happened on FF before!
Take it easy, I've been here since 2012, posted many things....recently, just observing this thread, concentrate to my own trade...

Good luck
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