Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#415,321
May 19, 2015 3:03am May 19, 2015 3:03am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Quoting elbert3

Disliked

{quote} same type of view buy 5559

Ignored

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5588 but tl gone again will it see 5520

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#415,322
May 19, 2015 3:09am May 19, 2015 3:09am

thegmann
| Joined Jun 2014 | Status: Trader | 1,240 Posts

Feeling a dump and pump but i could be wrong. This sell off seems to be correlated to the EU movements.

I think we could be in the beginnings of a broader $ sell off as market realizes the $ isn't all its been hyped up to be.

#415,323
May 19, 2015 3:11am May 19, 2015 3:11am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

They are playing the game again,,words like deflation are being wrote , that means pound 1,40 area , or are they scarring retail so they can buy cheap

#415,324
May 19, 2015 3:14am May 19, 2015 3:14am

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

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#415,325
May 19, 2015 3:15am May 19, 2015 3:15am

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

Strong optimism in Europe after the statements Coeuré - ECB will increase QE?

Member of the board of the ECB, Benoît Coeuré signaled that the ECB can not only bring the deposit rate even more negative values, but also that it is possible in May and June increased scale bond purchases in the framework of the QE program, before expected, the summer drop in market liquidity debt. In this situation it appeared much better mood in the equity markets, bonds (yields fall), and the euro weakened against the major currencies.

thank you for the rumor that my plan meets a

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#415,326
May 19, 2015 3:16am May 19, 2015 3:16am

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

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i think ist line support here and touch 10 ema,, some times this is the pull back trigger to go long again and the same number is on the 15 min chart above 1.5547 ish next 5505 200 ema test of break out, as posted with Mr Scott banks like 200 and 20 ema so 5419 comes into play, so watch them when the news comes out i might put buys on them

#415,327
May 19, 2015 3:17am May 19, 2015 3:17am

thegmann
| Joined Jun 2014 | Status: Trader | 1,240 Posts

Quoting elbert3

Disliked

They are playing the game again,,words like deflation are being wrote , that means pound 1,40 area , or are they scarring retail so they can buy cheap

Ignored

My personal opinion is that 1.6 is more likely target than 1.4 now. With the US in no position to raise interest rates until most likely 2016 (if that). Im feeling a rally in the pound. 1.4 was only on the cards with a june rate hike which is no longer the case. There's only so long you can mask the data before it comes back to bite you.

#415,328
May 19, 2015 3:18am May 19, 2015 3:18am

Darkforce
| Joined Feb 2011 | Status: Trader | 1,237 Posts

Quoting Darkforce

Disliked

A weekly close below 1.5731 and we will see 1.5550 again next wk. UK CPI next Tuesday, watch the PA. {image}

Ignored

Sell the rumor buy the fact here? Anyway there's something to be played out around 1.5550.

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#415,329
May 19, 2015 3:18am May 19, 2015 3:18am

DubaiFX
| Membership Revoked | Joined Aug 2007 | 1,069 Posts

Quoting DubaiFX

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{quote} Hello E i hope you got my Point now why i waited for the Confirmation it is because i am not in hurry every day is an opportunity so i waited entered as i told you guys at 1.5760 and now i am Out with 100+ pips will wait for retrace 1.57+ and will enter again. Good Luck to you all

Ignored

as i said and it is Gone Pretty well.
so for now i will again wait for retracement to be done near 1.5640-50 and then i will enter again now i will wait

Don't compare your Trades with Others

#415,330
May 19, 2015 3:21am May 19, 2015 3:21am

DubaiFX
| Membership Revoked | Joined Aug 2007 | 1,069 Posts

Quoting DubaiFX

Disliked

{quote} Nice but check 4H, and if you see it with my Eyes i see 1.5450 very soon but i will wait for retrace to get back IN again to sell. i just close 1.5660 so Now Flat just Selling GBPNZD for now, Good Luck Man.

Ignored

as i said before 1.5450 anyways,
GBPNZD did great today more than 160 pips drop was great, it is always great to see when i am right.
just a thought 2.0800 might still be in play but i will wait for retrace and will start again.
Thank You

Don't compare your Trades with Others

#415,331
May 19, 2015 3:21am May 19, 2015 3:21am

thegmann
| Joined Jun 2014 | Status: Trader | 1,240 Posts

Quoting elbert3

Disliked

{image} i think ist line support here and touch 10 ema,, some times this is the pull back trigger to go long again and the same number is on the 15 min chart above 1.5547 ish next 5505 200 ema test of break out, as posted with Mr Scott banks like 200 and 20 ema so 5419 comes into play, so watch them when the news comes out i might put buys on them

Ignored

1.54 is a good spot to add.

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